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by cjl1618 from Euless

Last Post 50 minutes Ago


GREAT NEWS
Jul 25, 2008 | 4:05 PM
Category: Political
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Congress has increased the Federal Debt Level Ceiling to 10.6 Trillion.

With already close to 9.5 trillion in debt and close to 400 billion more being added to shift the foreclosure burden from the banks to the taxpayers, I was really worried that we would run out of money to borrow to spend.

In fact, with the bailout bill not taking effect until October, we could all stop paying our mortgages and perhaps get in line for some well needed cash.

I say well done and thank you congress and President Bush for your continued great work on behalf of the American people.

Nothing like it when Democrats and Republicans work hard together. Our two party system is alive and well.


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Member Comments Total Comments: 6
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chardoney read my blog view my photos
Jul 25, 2008 | 4:25 PM

And on top of all that, the Dems will raise our taxes! Just when you thought you got skrewed, ya realize you're about to reeeally get skrewed! :)) Gotta love politicians!
furbie read my blog view my photos
Jul 25, 2008 | 5:35 PM

There's just no end to the yellow brick road !
cjl1618 read my blog view my photos
Jul 25, 2008 | 6:50 PM

Ah and lest we forget the multi-fold increase in HIV world spending we are doing, with most of that money going to African countries.

If African leaders would stop denying that aids is a sexually transmitted disease, and stop, in some places, treating it with vitamins, and the good infected folks would stop having sex with everyone that walks maybe we would not have to borrow more money to give it to others to manage a disease they deny getting from sex.

Or not - what the heck - why have all that new room on the Federal Credit Card and not use it.
Marks read my blog view my photos
Jul 25, 2008 | 10:13 PM

Good post, CLJ! The US is the credit card for the world, and now is the time for it to stop.
Marks read my blog view my photos
Jul 25, 2008 | 10:14 PM

Sorry, got crossed up: CJL!
willie read my blog
Jul 26, 2008 | 5:16 AM

I see where Pelosi is wanting to give us all another stimulus rebate check...instead of lowering taxes or gas prices......typical liberals, they don't understand the concept of a ONE TIME deal. Like the one time amnesty deal of Reagan for instance. We were suppose to enforce immigration laws after that...not look the other way. We were suppose to lower taxes and get oil production in this country up after the one time rebates, not continue to pile more on.
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cjl1618

"There is no problem with the climate that cutting the human population in half would not solve." Me "Nothing exits but atoms and empty space; everything else is opinion" Democritus "I swear there ain't no heaven, but I pray there ain't no hell" Blood Sweat & Tears

Member Since: 4/13/2007


 

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