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To: TH who wrote (300637)	12/28/2010 10:48:19 PM
From: Robin Plunder	Read Replies (2) \| Respond to of 306849

"That debt was created by Republicans and Democrats together. Anyone that tells you otherwise is either full of shit, a liar, or just plain stupid." I agree...so....we need a new party, along with new limitations on the power of govt? rp

To: TH who wrote (300637)	12/28/2010 10:51:39 PM
From: Giordano Bruno	Read Replies (1) \| Respond to of 306849

During the recent lame-duck session of Congress, some of the same people who are warning about the catastrophic consequences of the debt turned around and supported legislation that added to the pile. The lame duckers passed nearly a trillion dollars in new spending, including a three-month extension of current government outlays (plus a $1.16 billion boost for good measure), an extension of long-term unemployment benefits and subsidies for pet projects. President Obama explained that this was short-term debt necessary to keep the economy from snuffing out. This kind of debt, he said, is acceptable. But the long-term debt required by obligations for entitlement programs is unacceptable. Debt now is good. Debt later is bad. Got it? politics.blogs.foxnews.com Res ipsa loquitur

To: TH who wrote (300637)	12/28/2010 10:55:35 PM
From: joseffy	Read Replies (2) \| Respond to of 306849

In fact, the 111th Congress not only has set the record as the most debt-accumulating Congress in U.S. history, but also has out-stripped its nearest competitor, the 110th, by an astounding $1.262 trillion in new debt. During the 110th Congress—which, according to the Clerk of the House, officially convened on Jan. 4, 2007 and adjourned on Jan. 4, 2009--the national debt increased $1.957 trillion. When that Congress adjourned less than two years ago, it claimed the record as the most debt-accumulating Congress in U.S. history. As it turned out, however, its record did not last long.