Yes, I have been deliberately following the thread on CNN-the LIES on the debt ceiling in the fantasy world of CNN. For example, the despicable Wolf Blitzer--one of the CNN senior liars--showed Michele Bachmann saying that failing to raise the debt ceiling did NOT mean credit default, because we have enough money coming in to pay our 14.4 trillion dollar loan payments. The debt ceiling does NOT affect the loans we already have. It merely stops us from borrowing more money. Further, we can still spend the new money coming into the Trasury. Thus, Michele Bachmann was exactly right: there will be eough money coming in to make our loan interest payments. No default. And we can pay Social Security and other things. But liar Wolf, on The Liar Network, played a clip of Fed Chariman Ben Bernankke, immediately after the clip of Miche Bachmann, as if the Fed Chariman had contradicted Bachmann. That was a LIE. An ouright, delspicable, obvious lie. It is like Blitzer does not even look at his own clps, or--more accurately--does not care because he has an agenda. Bernanke AGREED with Bachmann. The debtr ceiling "deadline' is NOT a "default date". It merely means we cannot borrow any more NET money. As Bernanke said, that will quickly--but NOT immediately--mean that we are gonig to have to shut down a good part of the government. We can keep paying our debt, but we will not have aenough to keep payng for everything. Chocies would have to be made, and they are grim choices. But nothing Bernanke said contradicted anything Bachmann said. As stated, Bernanke AGREED with Bachmann, and DISAGREED with the LIARS of CNN. See last night's artricles on John King and others. Does Wolf Blitzer know that Bernnke called basically all of CNN LIARS? I don't know. I do know that Wolf does not care, because Wolf Blitzer is a dishonest political hack.
That is not even the wrost CNN lie of today. On a segment entitled "Reporter Roulette" (referring, I think, to the more than justified CNN urge to commit suicde), two CNN women were talking. One woman, without any challegnge from the other, did a RANT about how the debt ceiling increase merely pays for money we have already spent. That is an Orwellian Big lLie--a lie so blatant that it may be an indication that a Christian God does not exist that a thunderbolt did not comoe down and blast this woman where she stood.
By definition, the debt ceiling keeps us from borrowing MORE money (not from keeping the lans we have). By definition, therefore, we have NOT yet spent the money. We have already spent, of course, more money than we ha ve.. And we are continuing to spend more money than we have. That is the ONLY reason we need to raise the debt ceiling: so we can spend not only more, but MORE MONEY THAN THE GOVERNMENT HAS. The debt ceiling does not prevnt us from spending the revenue the government receives every month. It merely keeps the government from spending MORE than that. Thus, The Liar Network has lied again. This is NOT about money we have already spent, but about incurring MORE debt. We have reached our credit card limit, and that means we cannot BORROW any more.
Yes, I know exactly the leftist talking point that this propaganda comes from: that these CNN lies on the debt ceiling come from. Congress, including Republicans--at least a number of them--passed spending bills for the fiscal year ending on September 30. The leftist/CNN propagand is that such money has "already been spent", although by definition it has NOT. Otherwise, we would already have exceeded our debt limit. The debt limit, again, prevents us from borrowing MORE money--not from spending the money we have., including the money we have already borrowed. Nope. This is a CNN LIE based on leftist propaganda. But what leftists are trying to do is say that thet these spending authorizations that Congress has already passed, but could "unpass", represent money already "spent> Disregarding the LIE inherent in that misrepresentation of the situation, it is still a LIE.
Let us say that we decided to raise the debt ceiling just enough to cover the spending Congress has authorized up through September 30. The President wants to raise the debt ceiling at least 2.4 TRILLION dollars. What amount of money do you think we have to raise the debt ceiling to pay EVERY current spending authorization of Congress for this fiscal year? $250 billon dollars. That is about 1/10 of the amount that Obama has requested the debt ceiling be raised.
I have suggest3ed that we should raise lthe debt ceiling by just enough to get through this fiscal year, so that we can KEY a yearly rise in the debt ceiling to spending bills that Congress passes for the nextg fiscal year. This would mean that Congress would have to be HONEST every year, and let peole know exactly how much money their authorized spending is adding to our debt each year. Of coure lthe people of Congress are LIARS, and don't want people to understand this. Neither does tahe President. But that is another article. For purposes of this article, the point is that these women on CNN wee at leat 90% LIARS. 90% of the proposed raise in the debt ceiling has not only not been spent yet, but it has not even been AUTHORIZED to be spent. That is because Congress, in vioilation of the law, has not passed ONE spending bill for the next fiscal year beginning on October 1.
For CNN, The Liar Network, a 90% LIE ain't bad (even though it is really a l100% lie, unless you give CNN an enourmous pass on misrepresenting what is gong on, that still ain't bad for CNN). CNN rarely says anything approximating the truth. Still, these women on "Reporter Roulette" are LIARS on The Liar Network. It is simply absurd to suggest that we have "already spent" the 2.4 TRiLLION dollars in the debt ceiling raise requestiot, when Congress has not yet even AUHORIZED the spending of about TWO TRILLION of that extra BORROWED money (yet to be borrowed, since the debt ceiling prevents it from being borrowed until the debt ceiling is raised).,
No proofreading or spell checking (basd eyesight).
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