pa2a.org


Share Thread:  
Reagan Warned Us About Obama
#1
It's the "BILL OF RIGHTS" not the bill of "needs"
Reply
#2
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.

http://www.washingtonpost.com/business/e...story.html

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.”
Reply






Possibly Related Threads...
Thread Author Replies Views Last Post
  Obama Activist and Poll Worker on Camera: “I Voted Twice for Obama” middlefinger 37 2,942 03-12-2013, 04:20 PM
Last Post: Xavier
  The purpose of the Obama tax increases is to reward Obama’s cronies middlefinger 2 860 01-05-2013, 06:02 PM
Last Post: middlefinger
  Romney Outpolling Carter, Reagan, Bush I, Clinton, Bush II and Obama middlefinger 2 604 10-19-2012, 07:35 PM
Last Post: ByblosHex
  LIBYAN OFFICIAL WARNED USA '3 DAYS BEFORE ATTACK' Pocketprotector 3 596 09-19-2012, 06:59 PM
Last Post: kunsunoke
  On Libya Three Decades Ago – Obama Should Remember Reagan’s Resolve das 0 398 09-15-2012, 07:11 PM
Last Post: das



Users browsing this thread: 1 Guest(s)

Software by MyBB, © 2002-2015 MyBB Group.
Template by Modogodo Design.