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Barack Obama | March 16, 2006 | “I therefore intend to oppose the effort to increase America’s debt limit”

courierpress.com
July 10, 2011

COMMUNITY COMMENT: True conservatives will hold the line on the debt ceiling

…..”[ “The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure ... Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem ... I therefore intend to oppose the effort to increase America’s debt limit.” — U.S. Sen. Barack Obama, March 16, 2006 ]“…..

Obama regrets 2006 vote against raising the debt limit

This is from a speech Obama made in 2006

Youtube:
Obama Concedes 2006 Senate Vote Against Raising Debt Limit Was ‘Political’

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AP Exclusive: Obama on Debt Ceiling

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1 comment - What do you think? Posted by admin - July 11, 2011 at 6:58 pm

Categories: Fiat Money Tags: Fiat Money, U.S. Debt Ceiling, U.S. Dollar

One Response to “Barack Obama | March 16, 2006 | “I therefore intend to oppose the effort to increase America’s debt limit””

House Passed HR 2650 Cut Cap and Balance | Not The Gang of Six | The Debt Crisis - The Place for Resources on Gold. - Exchange Gold for Cash says:

July 19, 2011 at 6:55 pm

[...] The House tonight, has passed the Cut Cap and Balance bill. Also known as HR 2650. The bill provides a $2.4 trillion dollar cap to the existing Federal Debt Ceiling. A constitutional amendment within the Bill requires a Balanced Budget. This will help keep a lid on the future Federal Debt Limit. [...]

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