This debt crisis coming to our country. The wall and tidal wave of debt that is befalling our nation. Medicare and Social Security go bankrupt within ten years, we have a debt that is looming so high that in the last year of President Obama's budget just the interest payments on our debt is $916 billion dollars.
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Look, the president is elected to lead and to face the country's biggest challenges. The country's biggest challenge domestically speaking, no doubt about it, is a debt crisis, and I'm really hoping that he is going to give us a budget that tackles this debt crisis.
Mr. Obama denounced the $2.3 trillion added to the national debt on Mr. Bush's watch as ""deficits as far as the eye can see."" But Mr. Obama's budget adds $9.3 trillion to the debt over the next 10 years. What happened to Obama the deficit hawk?
Over Now
Good night...
Yeah, its over now, but I can breathe somehow
When its all worn out, Id rather go without
You know its been on my mind
Could you stand right there
Look me straight in the eye and say
That its over now
We pay our debt sometime
Well its over now, yet I can see somehow
When its all gone wrong, its hard to be so strong
You know its been on my mind
Could you stand right there
Look me straight in the eye and say
That its over now
We pay our debt sometime
Yeah, we pay our debt sometime
We pay our debt sometime
Yeah, we pay our debt sometime
Guess its over now, I seem alive somehow
When its out of sight, just wait and do your time
You know its been on my mind
Could I stand right here
Look myself in the eye and say
That its over now
We pay our debt sometime
Yeah, we pay our debt sometime
We pay our debt sometime
Yeah, we pay our debt sometime
song performed by by Alice In Chains
Submitted by Lucian Velea
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Remembering Grandpa
grandpa was strict
i remember
for a Red Cross Donation
that i asked from him
and which he considers
as my debt
he did not forget
to remind me and
thus collect
i was then 12 and he
was 60
i was disappointed but
he did not mind
a debt is a debt and must
be paid
the years may have buried
him for good
but the memory of a debt
paid still lingers
the numbers are clear
as always
some words may have faded
but the feeling
sticks like a scar
in my face....
poem by Ric S. Bastasa
Submitted by Poetry Lover
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Right now, a majority of the debt is owed to foreign interests, Japan being the largest purchaser of government debt today, soon to be surpassed by China as the number one purchaser of our debt in this Nation.
I think we ought to ban earmarks. I think we ought to give citizens the opportunity to designate up to 10 percent of their federal income tax toward debt reduction. If we did that, we would reduce our debt by $95 billion a year.
quote by Carly Fiorina
Submitted by Lucian Velea
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Write Off The Debt
WRITE OFF THE DEBT (Chorus)
ME SAY WRITE OFF THE DEBT
ME SAY WRITE OFF THE DEBT
AND STOP THE THIRD WORLD A FRET
I SAY THE IMF PUT ON TOO MUCH INTEREST
CERTAIN MAN PON THE STREETS CAN'T EVEN BUY A LITTLE VEST
I SAID THE EAST AND THE WEST THEM JUST A BUILD UP DEM CHEST
CERTAIN MAN IN THE THIRD WORLD CAN'T EVEN DIGEST
song performed by by UB40 from Cover Up
Submitted by Lucian Velea
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At this time - we're in a dramatic crisis - euro bonds are precisely the wrong answer. They lead us into a debt union, not a stability union. Each country has to take its own steps to reduce its debt.
quote by Angela Merkel
Submitted by Veronica Serbanoiu
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The Debt
This is the debt I pay
Just for one riotous day,
Years of regret and grief,
Sorrow without relief.
Pay it I will to the end --
Until the grave, my friend,
Gives me a true release --
Gives me the clasp of peace.
Slight was the thing I bought,
Small was the debt I thought,
Poor was the loan at best --
God! but the interest!
poem by Paul Laurence Dunbar
Submitted by Poetry Lover
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The privatization plan weakens Social Security and threatens our economic security by creating trillions of dollars in new debt.
quote by Ruben Hinojosa
Submitted by Lucian Velea
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What our Republican friends are doing, if we look at what they do and not what they say, they have decided that the most important thing in this country is to increase payments for interest on the national debt.
This country owes them all a debt of gratitude. The down payment on that debt is making sure that we live up to Lincoln's charge: to care for him who shall have borne the battle, and for his widow, and his orphan.
Debt and Effect
Do you like to do what you like,
Have dream to live luxurious life,
Buy a car, house or household,
Have planning to tour the world
Or want to own valuables, then flaunt,
Taking mate shopping or restaurant,
Short of money? Loan makes it easy.
Credit card can make you more crazy.
Though this truth is well accepted
Most of rich men are highly indebted.
But when you will realise its effect
Immediately say good bye to debt.
Pay heavy interest on the principals,
Receive agent’s debt collection calls.
In debt your mental peace is lost,
Miss planning and opportunity cost.
Your mind always loaded with tension
How to clear loan? Asking the question
Go for another loan or curtails expense
How fast repay and get out of the mess
Major earning is lost in paying interest
I feel, remaining debt free is the best.
(c) S.D.Tiwari
email [email protected]
poem by S.D. Tiwari
Submitted by Poetry Lover
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3rd Chorus Mexico City Blues
Describe fires in riverbottom
sand, and the cooking;
the cooking of hot dogs
spitted in whittled sticks
over flames of woodfire
with grease dropping in smoke
to brown and blacken
the salty hotdogs,
and the wine,
and the work on the railroad.
$275,000,000,000.00 in debt
says the Government
Two hundred and seventy five billion
dollars in debt
Like Unending
Heaven
And Unnumbered Sentient Beings
Who will be admitted -
Not-Numberable -
To the new Pair of Shoes
Of White Guru Fleece
O j o !
The Purple Paradise
poem by Jack Kerouac
Submitted by Poetry Lover
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Note To Washington
A group of children
In a kindergarten class
Would probably do
A better job of
Coming to agreement
Then you've done
On the debt ceiling/budget issue.
And their arguments
Would probably be less laden
With self interest!
poem by Eric Cockrell
Submitted by Poetry Lover
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A liberal is someone who feels a great debt to his fellow man, which debt he proposes to pay off with your money.
quote by G. Gordon Liddy
Submitted by Lucian Velea
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Solving a problem created by debt... by creating more debt is a fool's errand.
quote by Olivier Sarkozy
Submitted by Lucian Velea
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We can pay our debt to the past by putting the future in debt to ourselves.
quote by John Buchan
Submitted by Lucian Velea
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The debt they ran up in the first year of the Obama administration is bigger than the last four years of the Bush combined.
quote by Mitch McConnell
Submitted by Lucian Velea
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Let every man, every corporation, and especially let every village, town, and city, every county and State, get out of debt and keep out of debt. It is the debtor that is ruined by hard times.
quote by Rutherford B. Hayes
Submitted by Lucian Velea
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