Just for Reference — Quote from Mr. Debt Control

29 Oct

I know all of you have read this a dozen times (at least), but I thought I would just post it for my own archives.  This one quote from Obama states what he said he believed about debt, leadership, and responsibility.  Funny that in practice he regularly violates all of these principles.  His practice seems to be playing “duck the buck”, or “dodge the buck”.  These are such odd words, given that by the time Obama leaves office, he will have added more debt to our nation than all of the presidents combined accumulated before him.

“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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