"We" don't "owe it to ourselves" like Obama said. The government doesn't owe money to the government. It owes money to citizens who lent it money. And if the government doesn't have enough money to pay back those who lent money, then the lenders will lose money, and the government will lose money when people stop investing in it.
What is he freakin' blind? It changed to $16 trillion during the DNC. I guess he had no telprompter that day. Another nail in his coffin.
Baby Jesus forgive me for saying this, but sometimes the BOob's face reminds me of Humphrey Bogart. On Letterman, and in the Univision interview, he seems to be paying tribute to this great Bogart performance:
I remember watching a recorded interview of Mitt and Ann Romney on Kelly Ripa's show and that interview was interrupted by applause countless times.
I watched this interview in its entierty. Other than a couple of spots in their conversation (ie...The President has to work for ALL the people and concerning the attacks in Libya- a new form of government has to become "compliant"...oh, and not wanting to see Letterman naked and becoming a beer distributor if the Presidency gig doesn't work out) the sound of the audience's response was completely drowned out by the overwhelming sound of... CRICKETS.
Doesn't know, wanna know, or willing to admit how large the national debt is.
Doesn't know, wanna know, or willing to admit what the capital of Israel is either.
Sure he has no clue about the national debt any more than I don't know how much I owe on my credit card. I don't owe more than a few thousand bucks, but I'm thinking about reducing my spending so I can eliminate that debt....olamer has buried his head in the sand and has no intention of reducing spending. He'll do just the opposite and continue to borrow money and spend...spend...spend until this country is totally and completely bankrupt!!!!
He's a freaking liar but what else is new? Considering he just went through negotiations with GOP leaders about raising debt ceiling, I find it very difficult to believe that he's that clueless. Truth be told Letterman knows it was well, Obamakovsky lied through his teeth and alloiwed his god to spin at 25k rpm.
OBAMA is a Marxist liar! He remembered the debt number in 2008, and trashed Bush, but suddenly during his watch he has AMNESIA! DON'T BELIEVE THIS LYING MUSLIM!
$10 trillion from Letterman? Did he voluntarily send in $6 trillion to bring the debt level back to O'Blameveryonelse's inauguration amount?
How nice...a video clip featuring two losers: obama and Letterman!!!! One's a phony and empty suit, the other is a bitter old man. What a waste of television airtime.
A bitter old man that had an out-of-wedlock child until what age? Talk about 2 idiots that have engaged in a war against women.
Thank you, Orangeone. It was a distinct honor and privilege to serve with some great Americans! I enjoyed my twenty-six years in the Army...not every day mind you, but almost every day. It was a wonderful career, and I miss the camaraderie and the sense of serving my country in an important role beside some true American heroes.
Typical Communist, they are very good at spending other people's money, so of course, they are not aware of the debt figures. As long as they ( obama and communists) have their money they could care less about the debt and suffering this causes the American people.
In fact, obama wants to collapse America so he can install One World Order.
"He just didn’t want to be heard admitting it because..."
Because that sound byte would be used by the Obamney campaign to pound him. And rightfully so.
You see, liberals aren't dumb..they're very sly and slithery like their father.
I do not believe for a minute that Obama does not know this number. He coming across as nonchalant to assure his base that the debt is not a big threat like the eveil elephnats are saying, but he is watching it.
Of course he cares about the debt - it a leading indicator in his Cloward-Piven collapse.
Well, it's like trying to hide an elephant in a closet. Everybody knows how bad the national debt is and that it's out of control. Nobody also expects it to get better if Obama is re-elected. Obama just didn't want to advertise the fact that the debt skyrocketed under his administration. And once we're unable to repay our debt, all Americans will know what real pain is, just like they found out in Greece. Which should lead all Americans to ask, "Why do we want to end up like Greece?"
He's acting like he's covering for the family honor by not going into details, in public, about the private family matter of poor old demented Uncle Frank.
Problem is... America IS the family and he's hiding the facts.
Some people have short memories…..
DO YOU REMEMBER JANUARY 3, 2007?
I’ve been saying this for years, but this email probably explains it
better and more clearly. This is NOT a political message, but rather
a clarification to remind us all of the correct facts.
Remember that on October 9, 2007, 11 months before our “economic
crisis” occurred (that was actually created), the Dow hit its highest
point ever, closing at 14,164.53 and reaching 14,198.10 intra-day
level 2 days later. Unemployment was steady at 4.7%. But things were
already being put in place to create the havoc
we’ve all been experiencing since then. And it all started, as this email explains,
on January 3, 2007. --LFL
I'm sending this to each of you regardless of your party preferences
because I believe it is something you may not have considered.
This tells the story, why Bush was so “bad” at the end of his term.
Don't just skim over this, it's not very long, read it slowly and let
it sink in. If in doubt, check it out!!!
The day the Democrats took over was not January 22nd 2009, it was
actually January 3rd 2007, which was the day the Democrats took over
the House of Representatives and the Senate, at the very start of the
The Democrat Party controlled a majority in both chambers for the
first time since the end of the 103rd Congress in 1995.
For those who are listening to the liberals propagating the fallacy
that everything is "Bush's Fault", think about this: January 3rd, 2007
was the day the Democrats took over the Senate and the Congress.
At the time:
The DOW Jones closed at 12,621.77
The GDP for the previous quarter was 3.5%
The Unemployment rate was 4.6%
George Bush's Economic policies SET A RECORD of 52 STRAIGHT MONTHS of JOB GROWTH
Remember the day...
January 3rd, 2007 was the day that Barney Frank took over the House
Financial Services Committee and Chris Dodd took over the Senate
Banking Committee. The economic meltdown that happened 15 months
later was in what part of the economy? BANKING AND FINANCIAL
Unemployment... to this CRISIS by (among MANY other things) dumping
5-6 TRILLION Dollars of toxic loans on the economy from YOUR Fannie
Mae and Freddie Mac FIASCOES!
Bush asked Congress 17 TIMES to stop Fannie & Freddie - starting in
2001 because it was financially risky for the US economy.
And who took the THIRD highest pay-off from Fannie Mae AND Freddie
Mac? OBAMA And who fought against reform of Fannie and Freddie? OBAMA
and the Democrat Congress.
So when someone tries to blame Bush. REMEMBER JANUARY 3rd, 2007....
THE DAY THE DEMOCRATS TOOK OVER!"
Budgets do not come from the White House. They come from Congress and
the party that controlled Congress since January 2007 is the Democrat Party.
Furthermore, the Democrats controlled the budget process for 2008 &
2009 as well as 2010 & 2011.
In that first year, they had to contend with George Bush, which caused
them to compromise on spending, when Bush somewhat belatedly got tough
on spending increases.
For 2009 though, Nancy Pelosi & Harry Reid bypassed George Bush
entirely, passing continuing resolutions to keep government running
until Barack Obama could take office. At that time, they passed a
massive omnibus spending bill to complete the 2009 budgets.
And where was Barack Obama during this time? He was a member of that
very Congress that passed all of these massive spending bills, and he
signed the omnibus bill as President to complete 2009.
If the Democrats inherited any deficit, it was the 2007 deficit, the
last of the Republican budgets. That deficit was the lowest in five
years, and the fourth straight decline in deficit spending. After
that, Democrats in Congress took control of spending, and that
includes Barack Obama, who voted for the budgets.
If Obama inherited anything, he inherited it from himself. In a
nutshell, what Obama is saying is I inherited a deficit that I voted
for and then I voted to expand that deficit four-fold since
Take a look at Jan 2007 on the graph Mike. It backs this up.
We cannot ignore the inflection point in 2001. 9/11 is part of it but not all of it. We were exposed.
Nice! It shows that the mess Obama inherited from Bush is nothing comparing to what the next president will inherit.
Yes. This one better illustrates what Romney will get because it includes his enormous unprecedented budget baseline of 20% GDP. Let's hope he has a rabbit up his sleeve.
Of course he knows what it is but the audience watching will buy it. Why else would he say that? The audience is "the uninformed."
No problem until after the election. Then it will be all about the obstructionist Tea Party Republicans that Bohener can't control. NOBAMA!!!
I asked my son this morning (he's 11) "do you know what America's debt amount is?" He answered "Isn't it like 16 trillion bucks?"
Keep in mind, he doesn't understand why there is so much debt, as not many of us masses understand trillions, but the kid knew. Dear leader knows, but he won't say it because he knows damned well he's a hypocritical marxist for calling Bush unpatriotic for what is a pathetically high number, yet miniscule compared to what dear leader has spent... all on failures... all in the marxist plan.
Shouldn't this be in a ad..... Show him in 2008 calling, 9. 5 trillion unpathrotic , then 2012 on Letterman , clueless with the debt # ,
then highlight it's 16 trillion , the ask: now do you want a President who ads 6 trillion in new debt in 4 years, more then all Presidents combined and doesn't know ... Or does know but is willing lie to the American public.
Come on now , Rebuplicans get these adds up.
You got Obama who seemingly wants to destroy the economy so he can rebuild it as he pleases, and against him we have a guy with a 30 year plan to just balance the budget - or another way of saying he's just going to kick the can down the road. This country is on course to disaster, and both of these fools are pressing on the gas!