Obama continues to lie about consequences of not raising debt ceiling

Obama continues to lie about consequences of not raising debt ceiling

President Obama may be able to fool low information voters that make up his base with scare tactics promising disaster if the debt ceiling is not raised.But, for the intelligent Americans who are aware that the United States takes in 2.3 obamatrillion dollars a year in revenue.

That’s more than enough to pay the $420 billion dollars in debt plus interest.That’s more than enough to cover principle and all other government obligations.

What can’t be done is borrow more money from the Bank of China to pay for new Obama spending.The only way we go into default if Obama BREAKS the law and doesn’t make out the check!: : 

Don’t fall for the lie folks!Remember, Obama is the same guy who promised millions of Americans that they can keep their doctor and their insurance premiums would go down.Credibility is not President Obama’s strong suit.

Obama voted against raising the debt ceiling when he was a senator.: :  But, now that he’s president his own words apply to him today.

Originally published at The Last Tradition

Samuel Gonzalez

Samuel Gonzalez

Samuel Gonzalez is the editor-in-chief of The Last Tradition, a blog he started in April 2009. Samuel is one of the top Latino bloggers in the country and his blog has been linked by Gateway Pundit, Right Wing News, Instapundit, Legal Insurrection, American Thinker and other top conservative blogs. He's a strong Reagan conservative, a Rush Limbaugh disciple, an unconventional Evangelical who not only takes on Liberal orthodoxy, but also challenges other so-called soft conservatives afraid to buck political correctness.

Leave a Comment

Share this!

Enjoy reading? Share it with your friends!

Send this to a friend