Obama: "We're out of money."

2009-05-23 20:43:44

#1

Harmor: Error_Name_Not_Found; +605|6849|San Diego, CA, USA

Sorry for the quality:

Drudge Report wrote:
In a sobering holiday interview with C-SPAN, President Obama boldly told Americans: “We are out of money.”

C-SPAN host Steve Scully broke from a meek Washington press corps with probing questions for the new president.

SCULLY: You know the numbers, $1.7 trillion debt, a national deficit of $11 trillion. At what point do we run out of money?

OBAMA: Well, we are out of money now. We are operating in deep deficits, not caused by any decisions we’ve made on health care so far. This is a consequence of the crisis that we’ve seen and in fact our failure to make some good decisions on health care over the last several decades.

Source: http://www.drudgereport.com/flashocs.htm

Last edited by Harmor (2009-05-23 21:00:51)

2009-05-23 20:46:50

#2

Catbox: forgiveness; +505|7017

looks like 95 percent of the people are going to have their taxes raised... do not question... we must keep the messiah happy...

Love is the answer

2009-05-23 22:09:10

#3

nickb64: formerly from OC (it's EXACTLY like on tv)[truth]; +77|5912|Greatest Nation on Earth(USA)

No shit we are out of money, we were already effectively out of money, and he quadrupled that. There is no way he could have believed we would be able to sustain his policies, and if he did believe it, he belongs in a mental hospital, not the White House.

2009-05-23 22:12:37

#4

FatherTed: xD; +3,936|6801|so randum

you've been out of money for years.

chinese debt much?

yawn.

Small hourglass island
Always raining and foggy
Use an umbrella

2009-05-23 22:18:12

#5

jsnipy: ...; +3,277|6823|...

This is phase #1 of his plan. Phase #2 he will open the portal and let the Muslim army flood the country.

2009-05-23 22:22:34

#6

Catbox: forgiveness; +505|7017

the people that voted for him are quickly realizing he is a community organizer that has never had a real job... a very smart slickster that
is vague with his plans and can be on both sides of an issue everytime he speaks.... and boy he likes to speak... when i see him on tv... i turn the channel... I can't listen to his slow confident preacher cadence that he uses... where he can speak for 50 minutes and say nothing... luckily people are upset and standing up... California showed that this week... endless taxes don't work... Cali has some of the highest tax rates in the country...
and the state is in horrible shape... 2010... if it's not too late...?

Love is the answer

2009-05-24 02:57:31

#7

Dilbert_X: The X stands for; +1,817|6407|eXtreme to the maX

The US has been out of money for decades, no-ones been brave enough to deal with it.

Fuck Israel

2009-05-24 03:00:56

#8

usmarine: Banned; +2,785|7063

Dilbert_X wrote:
The US has been out of money for decades, no-ones been brave enough to deal with it.

nobody is dealing with it currently

2009-05-24 03:11:21

#9

Reciprocity: Member; +721|6882|the dank(super) side of Oregon

ooh ooh can we lynch him yet? who hasn't had enough of his jungle charm? all his slick talkin' and confidence, awfully uppity.

2009-05-24 03:14:04

#10

usmarine: Banned; +2,785|7063

Reciprocity wrote:
ooh ooh can we lynch him yet? who hasn't had enough of his jungle charm? all his slick talkin' and confidence, awfully uppity.

what?

2009-05-24 04:38:58

#11

CameronPoe: Member; +2,925|6856

America, along with quite a few other countries (including Ireland), have been running on empty for quite a long time. This isn't some kind of OMG news flash. But who wants to think about ageing populations and pensions anyway... We are all greedy little cunts. We want to live now and pay later. Some day the tab has to be picked up. We can't keep paying unrealistically low taxes forever.

Last edited by CameronPoe (2009-05-24 04:46:31)

2009-05-24 04:49:11

#12

Mekstizzle: WALKER; +3,611|6922|London, England

I never got how Western countries are in more debt than African countries yet somehow they're the poor ones. And I don't understand how America can fund so much shit in the military and NASA and research and Aliens etc.. when it's always been in so much debt

Sometimes I think the world system is just screwed but I really have no clue when it comes to even the basic principles of Economics

2009-05-24 05:13:53

#13

BVC: Member; +325|6996

How much money would the west save if it ate nothing but pot noodles for a week?

2009-05-24 05:19:44

#14

Dilbert_X: The X stands for; +1,817|6407|eXtreme to the maX

usm wrote:
nobody is dealing with it currently

Obama is trying to deal with it, hence the 'we're out of money' statement.

Fuck Israel

2009-05-24 05:21:06

#15

Dilbert_X: The X stands for; +1,817|6407|eXtreme to the maX

I never got how Western countries are in more debt than African countries yet somehow they're the poor ones.

When you owe the bank a million dollars you're in trouble.
When you owe the bank a trillion dollars the bank is in trouble.

Fuck Israel

2009-05-24 05:21:37

#16

usmarine: Banned; +2,785|7063

Dilbert_X wrote:
usm wrote:
nobody is dealing with it currently
Obama is trying to deal with it, hence the 'we're out of money' statement.

lol..how is he dealing with it? omfg you cant be srs.

2009-05-24 05:26:15

#17

Dilbert_X: The X stands for; +1,817|6407|eXtreme to the maX

When you're doing 150mph on ice jamming the brakes on solid is not something you want to try.
Economies are complicated things (imagine the inside of your tv only complicateder).
Its not possible to just undo decades of failure in a few days, unless 50% unemployment and 90% taxes is acceptable.

Fuck Israel

2009-05-24 06:00:03

#18

Ioan92: Member; +337|6023

Obama wrote:
“We are out of money.”

You're fucking retarded.

(not directed to op)

2009-05-24 06:01:30

#19

usmarine: Banned; +2,785|7063

Ioan92 wrote:
Obama wrote:
“We are out of money.”
You're fucking retarded.

(not directed to op)

agree

2009-05-24 06:06:12

#20

Dilbert_X: The X stands for; +1,817|6407|eXtreme to the maX

Just trying to make it simple enough for usm.

Still, its a funny old world, a black man can be president and all you white guys can do is whine about it on the internet.

Fuck Israel

2009-05-24 06:06:56

#21

Lai: Member; +186|6452

I can't believe you Americans bought that crap in the first place. You should have voted McCain,..

2009-05-24 06:07:08

#22

usmarine: Banned; +2,785|7063

dogbert: what does black have to do with anything? its retards like you that always bring that up for some reason.

Last edited by usmarine (2009-05-24 06:10:56)

2009-05-24 06:09:13

#23

Flecco: iPod is broken.; +1,048|6966|NT, like Mick Dundee

CameronPoe wrote:
America, along with quite a few other countries (including Ireland), have been running on empty for quite a long time. This isn't some kind of OMG news flash. But who wants to think about ageing populations and pensions anyway... We are all greedy little cunts. We want to live now and pay later. Some day the tab has to be picked up. We can't keep paying unrealistically low taxes forever.

Aus had around $40 billion in savings.

Then our new PM went and spent it... and spent some more... and more....

Whoa... Can't believe these forums are still kicking.

2009-05-24 06:09:43

#24

Lai: Member; +186|6452

I didn't say black, I said crap, referring to the stuff coming out of his mouth since the early days of the campaign. The whole "change" thing was just loose talk; no contents.

2009-05-24 06:10:38

#25

usmarine: Banned; +2,785|7063

Lai wrote:
I didn't say black, I said crap, referring to the stuff coming out of his mouth since the early days of the campaign. The whole "change" thing was just loose talk; no contents.

bah i was talking to dogbert

BF2S Forums Obama: "We're out of money."

Drudge Report wrote:

Dilbert_X wrote:

Reciprocity wrote:

usm wrote:

Dilbert_X wrote:

usm wrote:

Obama wrote:

Ioan92 wrote:

Obama wrote:

CameronPoe wrote:

Lai wrote:

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