Obama says "We're out of money"

Obama says "We're out of money"

PostBy: av8r On: Wed May 27, 2009 9:32 am

Duh....


http://www.drudgereport.com/flashocs.htm
This link is broken, either the page no longer exists or there is some other issue like a typo.
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Re: Obama says "We're out of money"

PostBy: BillMarti On: Wed May 27, 2009 10:12 am

Weren't we "out of money" when BO took office. And didn't BO add to the deficit 4 fold and now he's blaming it on his pet project "Health Care" instead of clamping down on Health care providers ,high priced drug manufactures and high priced medical fee's. Now there's a "man" that speaks out of both sides of his mouth. All I get out of this is BO thinks we're that stupid still but I look at it this way sooner or later his constituents will wake up and see he's setting up his kingdom and we'll be right back where we started under the Kings rule. Let the "TEA PARTY'S" begin "AGAIN".

Bill S.
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Re: Obama says "We're out of money"

PostBy: Royboy On: Wed May 27, 2009 2:05 pm

What??? You mean if you are in 11 TRILLION dollars of debt, and the deficit is in the trillions, and those numbers don't count the unfunded mandates such as SS and Federal Retirements etc. etc. that means you are broke. No problem turn on the printing presses.

Mike

PS- Food for thought.... If the US Government has the authority to print money with 0% interest, why did we allow a private bank (the Federal Reserve) to come in and print the same worthless currency, but charge each one of us interest on those Dollars?
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Re: Obama says "We're out of money"

PostBy: KLook On: Wed May 27, 2009 4:18 pm

Very good question. Who stood to benefit and that will be the answer.

Kevin
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Re: Obama says "We're out of money"

PostBy: brckwlt On: Wed May 27, 2009 4:40 pm

were out of money because he spent it all.

this is all just to set up his massive tax hikes to pay for all of his govt spending programs.

i hear they are even floating the idea of a VAT (value added tax) tax like europe. Its more or less a national sales tax on top of our state sales tax.
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Re: Obama says "We're out of money"

PostBy: jpete On: Wed May 27, 2009 7:21 pm

brckwlt wrote:were out of money because he spent it all.


I don't like the guy either, but it was well spent long before he showed up. As soon as the amount of paper currency exceed the value of gold and silver on hand, we were out of money.
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Re: Obama says "We're out of money"

PostBy: brckwlt On: Wed May 27, 2009 8:15 pm

jpete wrote:
I don't like the guy either, but it was well spent long before he showed up. As soon as the amount of paper currency exceed the value of gold and silver on hand, we were out of money.


i guess thats one way to look at it.

The truth is we were about 10 times better off before BO started spending money like it was going out of style
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Re: Obama says "We're out of money"

PostBy: jpete On: Wed May 27, 2009 10:02 pm

I feel your pain, but I just can't get mad at BHO. Maybe because my expectations were low to begin with. :D
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Re: Obama says "We're out of money"

PostBy: BillMarti On: Wed May 27, 2009 10:13 pm

I was listening to Rush today and I know some feel that he's a blowhard but he did play a couple of sound bites of BO's out right admission to circumvent the Constitution any way he could because it cramps his style. I believe Bo is driving the USA into financial failure so he can declare martial law and usurp "WE THE PEOPLES" power and unilaterally force in laws to benefit his fascist agenda. It looks like the hippies finally get there way.

Bill S.
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Re: Obama says "We're out of money"

PostBy: jeromemsn On: Wed May 27, 2009 10:32 pm

I for one am glad of the things that are happening to our country. Soon we will become just another third world country looking for handouts from the rest of the world, I can't wait.
People have voted over and over for the same old dumb asses to split up the funds thats supposed to be spent for the good of the people and not the good of the one. Go talk to any of the senators or congressmen, hell I wouldn't want any of them to keep my check book in order let alone a country. What has become of this country is our own fault.
Live with it and stop your crying sheesh you sound like a bunch of old ladies from africa with aids.
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Re: Obama says "We're out of money"

PostBy: Captain Michael On: Thu May 28, 2009 9:03 pm

I get angry when he claims he inherited this whole mess fro GW. Fact is, its been a long time coming and there is enough blame to go around. BO is an empty suit. Anyone check out the new BO pizza shop?? You call up and order. Pay with your card and BO gives the pie to someone else!!
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Re: Obama says "We're out of money"

PostBy: brckwlt On: Thu May 28, 2009 10:03 pm

Captain Michael wrote:I get angry when he claims he inherited this whole mess fro GW. Fact is, its been a long time coming and there is enough blame to go around. BO is an empty suit. Anyone check out the new BO pizza shop?? You call up and order. Pay with your card and BO gives the pie to someone else!!



Im sure the pizza goes to a poor person on welfare and food stamps. Im alright with this since we all need to do our part and sacrifice for our country. :yearight: BO is always asking us to sacrafice something. all the time, all day everyday sacrafice for him.

Ya know its funny, i dont recall GWB ever asking us to sacrifice, not even after 9/11

that really says a lot about the good character of GWB and the bad character of BO.
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Re: Obama says "We're out of money"

PostBy: Wood'nCoal On: Fri May 29, 2009 6:30 am

Obama will continue to sink this country further into debt until things are so bad that he will declare that the only way out will be to have the government take over everything. Hmmm...I think I've heard of that happening before...can't quite remember what it's called...

How's that "Change" working out for ya?
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Re: Obama says "We're out of money"

PostBy: coaledsweat On: Fri May 29, 2009 12:36 pm

The debt is bad enough, paying it back with worthless money in the years to come probably isn't going to work out to well either.
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Re: Obama says "We're out of money"

PostBy: baldeagle On: Mon Jun 01, 2009 8:02 pm

RoyBoy -- A couple of days ago you masked about printing money - no, In Fact Congress can
"Coin Money" - not print it -- ergo, we found out what the Fed does for Us!
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