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Reagan Warned Us About Obama
It's the "BILL OF RIGHTS" not the bill of "needs"
Lots of politicians talk a good game. Not many of them actually deliver.

It is more than a little bit ironic to hear Reagan talking about the evils of deficit spending, or raising the debt ceiling.

Quote:In a November 1983 letter to then-Senate Majority Leader Howard H. Baker Jr. (R-Tenn.), Reagan warned that without a higher debt ceiling, the country could be forced to default for the first time in its history.

Reagan wrote: “The full consequences of a default – or even the serious prospect of default – by the United States are impossible to predict and awesome to contemplate. Denigration of the full faith and credit of the United States would have substantial effects on the domestic financial markets and the value of the dollar.”

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