NATIONAL DEBT CEILING RAISED AGAIN!!!

Barack Obama is demanding that Congress authorizes another $1.2 TRILLION DOLLARS of our hard-earned taxpayer dollars to raise the nation's debt ceiling to a staggering $16.4 TRILLION. What does that mean? I'll tell you. It means that every man, woman and child in the United States is in debt to the tune of $52,000.

Who will be paying for this debt? Well, it has gone beyond our children, and our grandchildren. It now reaches our great grandchildren!

THIS MUST STOP! You all need to contact your representatives and demand that it cease immediately because this is already an impossible debt to deal with.

Here are some facts regarding the national debt...
In 1940, our nation's "debt ceiling" was set at $40 billion.Ten years later, it was $275 billion.Another ten years later: $293 billion.

Then... Congress just started raising the debt ceiling every single year, and sometimes more than once during a single year.

• 1970: $395 billion
• 1980: $925 billion (then again, to $935 billion)
• 1990: $3.195 trillion (then again, to $3.23 trillion; then AGAIN, to $4.15 trillion)
• 2000: $5.95 trillion
• 2010: $14.294 trillion
• 2012  $16.4 TRILLION!

Barak Obama has had the eiling raised three times, and spent more money that ALL OTHER US PRESIDENTS before him COMBINED!!!

 

 

I am seriously considering setting up an ONLINE SCHOOL IN CHINESE LANGUAGE AND CULTURE because they will someday come looking for their money, and only those with a working knowledge in the Chinese language will succeed.