A member of ALTADENA GROUP
CSIA Foundation

Analyst's note:  If our family budget were so represented around our kitchen tables, someone would be perceived at best as fibbing and trying to pull the wool over someone's eyes.  Please read the original article and think about it ..... your personal future depends on your understanding these issues.  Also read White House tells Paul Ryan it won’t meet budget deadline and note that is so doing, the White House is AGAIN breaking the law.  Is anyone actually awake in Congress?

 

 

President Obama referred repeatedly to the debt ceiling debate in today’s press conference in a textbook example of Washington “spin,” or the art of selectively ignoring certain facts while portraying others in a particular light.

But the debt ceiling debate is about much more than just paying bills—there are facts the President omitted.

[....] The President also emphasized what he believes is his trump card in this debate – the word “default.” He’s absolutely right that the Congress should not and ultimately will not risk the credit standing of the United States government. But this assurance rests not on congressional action to raise the debt ceiling, but on the simple fact that the Treasury has far more than enough funds to pay all interest as it comes due.

Suggesting that the United States might default on its debt is factually wrong and shameful behavior on the President’s part.

  • 12th imam
  • 8 signs
  • 9/11
  • Absentee
  • absolutely
  • Achilles Heel
  • al-Awlaki
  • Al-Qaeda
  • Alinsky
  • Ammo
  • Amnesty
  • Awlaki
  • AWOL
  • Baby
  • Bailout
  • Bankrupt
  • Battle
  • Benghazi
  • bin Talal
  • Bio
  • Birth certificate
  • Black Panther
  • Budget
  • Bulb
  • CAIR
  • Caliph
  • Caliphate
  • Cartel
  • Census
  • China
  • Chinese
  • Christian
  • Cloward
  • Club-K
  • COIN
  • Condell
  • Constitution
  • Contractor
  • Conyers
  • Cordoba
  • Correctness
  • Corsi
  • Debt
  • Deficit
  • Deradicalization
  • Detention
  • Dhimmi
  • DHS Homeland
  • Dialog: East Coast - West Coast
  • Domestic
  • Earth
  • Economic
  • Economy
  • Egypt
  • Electoral College
  • Electromagnetic Pulse
  • eligibility
  • Executive Orders
  • Farrakhan
  • Fast and Furious
  • FBI
  • Federal Reserve
  • Food
  • Fraud
  • Gas
  • Gaubatz
  • Global
  • Global economy
  • Governor
  • Grover Norquist
  • Guardians
  • Gulen
  • Gun control
  • Hagmann
  • Hawala
  • Healthcare
  • Hezbollah
  • Hillsdale College
  • Hizb ut-Tahrir
  • HLF
  • Holy Land Foundation
  • Homegrown
  • homosexual
  • Immigration
  • Implant
  • Information Warfare
  • Iran
  • Iranian Revolutionary Guards
  • IslamBerg
  • Islamist
  • Jekyll
  • Jew
  • jihad
  • Libya
  • like to know
  • Mafia
  • Manipulating Perceptions
  • Marriage
  • Marxist
  • Mexico
  • Military
  • Missile
  • Moderate Muslim
  • Money laundering
  • Muslim Brotherhood
  • must read
  • Myrick
  • Nazi
  • net neutrality
  • Nuclear
  • Oath Keepers
  • oil
  • Open Society
  • Operation Fast and Furious
  • Panther
  • Patriot
  • PFLP
  • Phares
  • pitchfork
  • Policy
  • political correctness
  • Politicians
  • Power
  • Progressive
  • Rare earth minerals
  • Responsibility to Protect
  • Reza Kahlili
  • ROE
  • Root
  • Roy Beck
  • Rules of Engagement
  • Russia
  • Salafists
  • SCADA
  • Schools
  • Scout
  • Semper Fidelis
  • sharia
  • Shoebat
  • Sibel
  • social justice
  • Social Security Number
  • Socialist
  • Soros
  • Spending
  • Spies
  • Strategic
  • Stuxnet
  • Submarine
  • Sunni
  • Super-sized
  • survival
  • SWAT
  • Taliban
  • Taqiyya
  • Tawfik
  • Tax
  • Team B II
  • Treason
  • troubling
  • Truth
  • TSA
  • Unemployment
  • Uplift
  • USMC
  • Vallely
  • Vieira
  • Vote
  • Voter fraud
  • War
  • Weather Underground
  • WMD
  • Zero