EndrTimes: Obama warns against US debt default

Wednesday, July 06, 2011

Obama warns against US debt default

Uploaded by telegraphtv on Jun 29, 2011

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0:09 Obama: "Deee-fault"

Biscuits and gravy, grits and hush puppies, etc.

Well, my-my-my, lookie here, lookie here, he's got a southern drawl, y'all.

When W (Dubya) left office the national debt was $10.7 trillion.

During Obama's 30 months in office it has increased to 14.3 trillion. That's almost 4 trillion in less than 3 years!

Now the president is looking for someone to blame for the unparalleled spending spree? Gimme a break, please.

Arsenio.

2 comments:

LVB said...: Well, yeah!!!

It's gonna hurt anyone that is a credit card addict when you finally cut them off and say NO MORE SPENDING WHAT YOU DO NOT HAVE TO SPEND!!!

Here's a little secret that many people nowadays may not realize - if you charge up so much debt on a credit card that you could NEVER repay it in your lifetime, and then go to the bank asking them to increase your credit limit (debt ceiling), here is what any bank or person with any sense would say to you...

Credit increase DENIED.

Any questions???; 10:53 AM
Thomas M. said...: Here's a video that is done by someone at Stansberry & Associates Investment Research ...

http://www.stansberryresearch.com/pro/1103PSIREVVD/6PSIM619/PR

May be a bit long and monotone, but the information is so important to see what's coming soon.

We are so close to the big time of trouble and a time in which no man can buy nor sell save he have the mark as citizens will demand of their government a law in which we MUST repent and keep sunday as sacred.

Just happen to read 2 Kings 22 and Josiah ... How he was told what the Lord was about to do but would be laid to sleep so he would not have to see it because he cried out to the Lord ... I pray to draw closer and closer to my Lord God and Savior or be laid to sleep to not see all that will soon come upon the WHOLE world.; 8:25 AM

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Le Troisième Ange

Sir Alexander Fraser Tytler

“A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largess of the public treasury. From that time on the majority always votes for the candidates promising the most benefits from the public treasury, with the results that a democracy always collapses over loose fiscal policy, always followed by a dictatorship. The average age of the world's great civilizations has been 200 years. These nations have progressed through this sequence: From bondage to spiritual faith; from spiritual faith to great courage; from courage to liberty; from liberty to abundance; from abundance to selfishness; from selfishness to complacency; from complacency to apathy; from apathy to dependency; from dependency back again to bondage.”

John Emerich Edward Dalberg-Acton (Lord Acton)

"I cannot accept your canon that we are to judge Pope and King unlike other men with a favourable presumption that they did no wrong. If there is any presumption, it is the other way, against the holders of power, increasing as the power increases. Historic responsibility has to make up for the want of legal responsibility. Power tends to corrupt, and absolute power corrupts absolutely. Great men are almost always bad men, even when they exercise influence and not authority: still more when you superadd the tendency or certainty of corruption by full authority. There is no worse heresy than the fact that the office sanctifies the holder of it."

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