(Audio) Biden: ‘WE HAVE TO SPEND MONEY TO KEEP FROM GOING BANKRUPT’
How much longer before the full meltdown of this administration? Drudge is headlining idiot Biden’s words of wisdom, but tell me…isn’t this the philosophy they sold from the beginning?
“And folks look, AARP knows and the people with me here today know, the president knows, and I know, that the status quo is simply not acceptable,” Biden said at the event on Thursday in Alexandria, Va. “It’s totally unacceptable. And it’s completely unsustainable. Even if we wanted to keep it the way we have it now. It can’t do it financially.”
“We’re going to go bankrupt as a nation,” Biden said.
“Now, people when I say that look at me and say, ‘What are you talking about, Joe? You’re telling me we have to go spend money to keep from going bankrupt?’” Biden said. “The answer is yes, that’s what I’m telling you.”
Wow! I’ve been handling my finances all backwards. Excuse me while I go max out all my credit cards so I won’t owe anything. What a genius!
Kim Preistap gives this the Billy Madison response.
Email This
Posted by Jay on July 16, 2009 11:08 pm
» Filed Under Anti-Capitalism, Delusional Dupes and DUmmies, Economy, Humor, Joe Biden, News, Socialism, Stupidity
Trackback URL:
- (Audio) Biden: ‘WE HAVE TO SPEND MONEY TO KEEP FROM GOING BANKRUPT’ : Stop The ACLU « 4Simpsons Blog – Eternity Matters pinged this post.
- (Audio) Biden: ‘WE HAVE TO SPEND MONEY TO KEEP FROM GOING BANKRUPT’ | Presidency News - News, articles and blog posts about The Presidency pinged this post.
- Joe Biden’s Idiotic Comment: “We Have to Go Spend Money to Keep From Going Bankrupt” | Scared Monkeys pinged this post.
- Biden AARP Townhall: Biden Spend Money Now on Health Care « Daily News pinged this post.
Comments
3 Responses to “(Audio) Biden: ‘WE HAVE TO SPEND MONEY TO KEEP FROM GOING BANKRUPT’”
-
-
-
Affiliations
The Giants
Advertise
-
-
Our Store
- Click the design to visit our store and help Stop the ACLU!
-
- More blogs about the ACLU
Syndicate Me
And all this time I thought you had to either make more money and/or spend less to stop from going bankrupt. Who knew?
Syracuse University should be reviewing his GPA to see if he did graduate.
Let the record show Joe went to law school at SU. I have an AB in Economics and an MBA in Finance from SU and I wouldn’t want his name associated with the degrees I earned.
The entire Obama administration and the Dems
in Congress are laboring under a major misconception-that we can spend our way out of a recession. It has never been done for obvious reasons. Their idea of a stimulus program is one that commits less than 50% of the $ to job creation. All the rest is pure pork which will have no affect in the near-term.