Thank you for coming to the Mad American Club. Here everyone can post comments and suggest topics to discuss. We all are Americans that care for the future of our country, we just defer at times on how that future looks and how to get there
Wednesday, July 27, 2011
America's debt limit
"The fact that we are here today to debate raising America's debt limit is a sign of leadership failure. It is a sign that the US Government cannot pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government's reckless fiscal policies. Increasing America's debt weakens us domestically and internationally. Leadership means that "the buck stops here." Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership. Americans deserve better".
-- Senator Barack H. Obama, March 2006
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