who holds the debt

20110728_defaultqa_graphic.jpg (109 KB)

i still blame obama

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    FullofStarsPuulaahinatedogDMYTRIW WDSoutlanderssc Recent comment authors
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    sambo78
    Member

    This is all wrong. According to my Republican friends. all debt was created when Obama entered office.

    Additionally the economy was doing fine and there were no terrorist attacks until Barry O was elected.

    outlanderssc
    Member

    And don’t forget about “Obama’s three wars” – He got us into Iraq, Afghanistan AND Libya. And Bush was the one who REALLY got Bin Laden.

    Puulaahi
    Member

    I blame the Chinese for taking all our jobs!!! Because that makes the most sense logically.

    WaitWat
    Guest
    WaitWat

    Quick goog check says this: Aug 23, 2011 – The debt was $10.626 trillion on the day Mr. Obama took office. The latest calculation from Treasury shows the debt has now hit $14.639 trillion.

    I say this: 3 years vs 8 years.

    Jus’ sayin’.

    jadechimera
    Member

    Too bad not all debt accrued from budgetary expenditures that have occurred since Obama took office in 1/2009 were actually signed by him. A lot of that was set out while GWB was still president.

    E.g. en.wikipedia.org/wiki/2009_United_States_federal_budget

    This is all not to mention that Congress holds the power of the purse.

    But go ahead and blame Obama. I enjoy watching cognitive dissonance.

    DMYTRIW WDS
    Member

    71% of the debt was made under republicans. To be fair though, our deficit would be smaller if fuckhead Obama didn’t fold last December and let the Bush tax cuts expire.

    natedog
    Member

    this simple faggotry and sleight of hand and in no way depicts the true economy. hell, $14,300,000,000,000 (the topic of the image) doesn’t even equal the $16,000,000,000,000 that we paid out to the Banksters in the bailout. THREE TRILLION WENT TO FOREIGN BANKS

    Puulaahi
    Member

    The banks anal raped America!

    FullofStars
    Member

    “i still blame obama” Sigh….. The President (doesn’t matter which one you don’t like) does not hold the power to create or vote into law any spending legislation. Congress only holds the power, and only finance bills can originate in the House. It takes 536 people to fuck it up. 435 in the House, 100 Senators, and One President (to down vote or let it slide). I dislike the current Pres, but believe him to be less worse than the options available at the time (South Park with their Giant Douche and Turd Sandwich). For maters of finance the President… Read more »



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