Author Topic: Possibility of a debt ceiling increase BEFORE 2012  (Read 259 times)

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Offline BMG

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Possibility of a debt ceiling increase BEFORE 2012
« on: November 18, 2011, 10:38:34 PM »
http://hotair.com/archives/2011/11/18/apocalypse-soon-slim-but-growing-chance-that-congress-might-have-to-raise-debt-ceiling-again-before-next-years-election/

Quote
This was, of course, The One’s nightmare scenario, a prospect so politically horrific that he refused to agree to a short-term debt-ceiling deal this past summer even while he was busy warning people of an economic catastrophe if no deal got done. He would have rather hit the ceiling and taken his chances with blaming the GOP for the aftermath than make a deal averting disaster but forcing a new round of negotiations before the election.

The bad news for Obama: The killer asteroid’s been spotted in the night sky. The good news: The only way it can make it to Earth is through circumstances that will have already finished off O’s re-election bid by the time it gets here.
“The Constitution is not an instrument for the government to restrain the people, it is an instrument for the people to restrain the government.” 
- Patrick Henry

"The more corrupt the state, the more it legislates."
- Tacitus