VP-elect Biden said during an interview today that the "...economy is in danger of absolutely tanking" and would take another stimulus (in the range of $600-700 billion) to get things back on track.
I would like to know if this will involve borrowing more money from China.
Because if it does, then I am absolutely opposed to this move. We CANNOT afford more debt. They should be doing these stimuli from money they already have in the bank from taxes. They need to be PAYING DOWN the debt, not increasing it.
The cumulative effect of all this debt will lead to the end that Biden is currently predicting, and the bill WILL come due eventually.
Showing posts with label joe biden. Show all posts
Showing posts with label joe biden. Show all posts
Friday, December 19, 2008
Sunday, September 28, 2008
Surprise, Surprise: Obama Says He Should Get Credit for Curing Wall Street Folly: Since When?
Barack Obama blasted John McCain again, saying that McCain didn't do anything to deserve credit for the $700 billion mistake-in-progress plan, while he did.
Yeah, right.
Last time I checked, Obama scurried his butt out of Washington first. He also didn't want to even be in Washington (which I think was a smart initial move.) McCain stuck around, then left Washington to go to Friday's debate, then turned around and came back to Washington to confer with his GOP colleagues. Obama belatedly returned.
Obama said he deserved credit for making sure that there were taxpayer protections in the plan, but the fact is that his Democratic colleagues and many Republicans were calling for the same things long before Obama even realized that it was going to be a campaign issue.
Both candidates were equally ineffective and should have stayed out of Washington to begin with. Obama's statements are highly hypocritical.
And the "plan" that they came up with is not much of one.
On to Palin vs. Biden. Hopefully they have more of a pulse than their bosses did during Friday's debate.
Yeah, right.
Last time I checked, Obama scurried his butt out of Washington first. He also didn't want to even be in Washington (which I think was a smart initial move.) McCain stuck around, then left Washington to go to Friday's debate, then turned around and came back to Washington to confer with his GOP colleagues. Obama belatedly returned.
Obama said he deserved credit for making sure that there were taxpayer protections in the plan, but the fact is that his Democratic colleagues and many Republicans were calling for the same things long before Obama even realized that it was going to be a campaign issue.
Both candidates were equally ineffective and should have stayed out of Washington to begin with. Obama's statements are highly hypocritical.
And the "plan" that they came up with is not much of one.
On to Palin vs. Biden. Hopefully they have more of a pulse than their bosses did during Friday's debate.
Sunday, August 24, 2008
Joe Biden is Obama's Choice: Will Hillary's Voters Stand for This?
Joe Biden was announced as Obama's choice to be his running mate yesterday, and it's an interesting choice. I thought he'd go with Hillary Clinton to keep her voters from going over to John McCain on Election Day. I don't think they're going to go for this. There's a lot of grumbling going on.
It'll also be interesting to see if Obama's people can keep Senator Biden from going "off the reservation" and speaking his mind and getting into trouble again.
In any case, I'm not voting for the ticket. They're too far to the left for my taste.
It'll also be interesting to see if Obama's people can keep Senator Biden from going "off the reservation" and speaking his mind and getting into trouble again.
In any case, I'm not voting for the ticket. They're too far to the left for my taste.
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