If investors “around the world thought the full faith and credit of the U.S. was not being backed up, if they thought we might renege on our IOUs, it could unravel the entire financial system,” Obama said on a segment taped for today’s “Face the Nation” program on CBS. “We could have a worse recession than we’ve already had.”
Good, then he couldn't blame the worse recession on Bush... and who was it sir chump, that increased the deficits more than ALL other presidents from Washington through Reagan COMBINED!!!!!? It was you sir chump AND NOW, suddenly you are worried that the adults will take away your credit card and if they do.... then that might cause a worse recession... Worse than what recession? The one everybody's children and grandchildren will have by all this forward reckless credit borrowing and expansion of the Federal, State and local gov?
Get real Obama, it is about time the Gov was put on a prisoner of war styled diet. Everyone loses weight on that diet even the big fat bloated sloth which the Obama administration has unleashed on your children and grandchildren. Welcome to the Shufflefoot Empire.
"you better be nice to me and raise the debt ceiling on my credit card... or, or, or... we could have a really bad recession and and and... unemployment could go above 8% unless the stimulus bill is not passed immediately without reading it.." [Therein lies Obama's credibility] not one, of his economic teams' projections has been accurate. In fact, they have all been off by 50% or more in every case. It is obvious that Obama doesn't know what the heck he is doing. It is just another banana dance.
just sayin
doug
