If We Don’t Raise the Debt Ceiling, Will the Apocalypse Really Occur?
The fastest way to destroy confidence in the United States is to have Obama succeed at everything he wants to do. We’re gonna become a laughingstock. Obama wants to take this country precisely to where it has no respect around the country and around the world ’cause it isn’t anything special. But we’ve been there, said that, done that. This whole notion here that any time the ruling class in Washington desperately wants something the same tactic is employed. If they don’t get it, it is the apocalypse. It is an utter, unthinkable disaster. And in none of these cases has that been true, as it turns out. As I say, there’s still TARP money that hasn’t been spent. There’s still stimulus money that hasn’t been spent. Hell, folks — heck, for those of you offended by hell — some of the 38 and a half billion dollars in the budget cuts is simply money that hasn’t been spent yet from previous budgets. It’s not new cuts. There’s all kinds of money that hasn’t been spent.
Let’s look at this realistically. You mean to tell me that this government cannot get along on a measly $14.3 trillion? We got a budget of $3.7, 3.9 trillion, we can’t get by on that? This is absurd. We’ve lost all perspective. We’ve lost connection to reality here. A real debt limit seems to me to be exactly what we need here. And you know what I think the rest of the world would actually be happy that we are beginning to act like adults for once, where our debt is concerned. Well, look at the IMF. I’m not particularly fond of the IMF, but let’s look at ’em anyway. They and everybody else are telling us that we need to get our house in order. Well, wouldn’t it be a real cap on our borrowing, a big, important first step to getting our house in order? Folks, we’ve gotta resist this. We have to resist that there’s a disaster in the next 24 hours. There’s a disaster in the next month. The disaster is in the Oval Office. The disaster is gonna be making a speech here in about seven and a half minutes. The disaster is gonna be making a campaign speech on “winning the future” with tax increases.