Re: Limbaugh Right Again

On 5/13/2010 1:46 PM, Lamont Cranston wrote:
> On 5/12/2010 6:38 PM, 15.1 Million Unemployed in Bummah’s Economy wrote:
>>
>>
>> “Limpballs Award” wrote in message
>> news:hseqkd$el7$1 @&*$?%news.albasani.net…
>>> Limbaugh falsely claims Obama has “tripled our debt in less than one
>>> year”
>>>
>>
>>
>> You’re right, Bummah didn’t triple it, He Quadrupled it.
>
> Simply a lie.
>
> The debt was about $12 trillion when Obama took office — it’s now about
> $13.5 trillion.

Debt and deficit spending are different, Obama tripled the “deficit” and
has increased the debt by trillions as with the “Fannie Mae” unlimited
bail out and the $trillion dollar Deficits from here to as far out as
they can predict.

The Social Security money in the lock box that isn’t there because it
was borrowed by congress and the Presidents, is debt…. 15 trillion
of National debt.

Obama cut the medicare program by 500 billion and that is already losing
money, so that money that he stole from Peter to pay Paul, is also
borrowing from an account that’s already overdrawn…. That was Kiting
a check.

SO Obama is much farther in debt and running much larger deficits than
you and he will admit…. but the truth is out there.

The CBO just declared Obama-care to *NOT* be deficit neutral as you and
Obama swore it was.

What does that make you?