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Thread: Debt Has Inceased 5 Trillion since Speaker Pelosi Vowed " No New Deficit Spending"

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    Debt Has Inceased 5 Trillion since Speaker Pelosi Vowed " No New Deficit Spending"

    Debt Has Increased $5 Trillion Since Speaker Pelosi Vowed, ‘No New Deficit Spending’
    Monday, October 25, 2010
    By Terence P. Jeffrey


    House Speaker Nancy Pelosi holds one of the pens used by President Barack Obama to sign the health care bill, Tuesday, March 23, 2010, in the East Room of the White House in Washington. (AP Photo/J. Scott Applewhite)

    (CNSNews.com) - When Rep. Nancy Pelosi (D-Calif.) gave her inaugural address as speaker of the House in 2007, she vowed there would be “no new deficit spending.” Since that day, the national debt has increased by $5 trillion, according to the U.S. Treasury Department.

    "After years of historic deficits, this 110th Congress will commit itself to a higher standard: Pay as you go, no new deficit spending,” Pelosi said in her speech from the speaker’s podium. “Our new America will provide unlimited opportunity for future generations, not burden them with mountains of debt."

    Pelosi has served as speaker in the 110th and 111th Congresses.

    At the close of business on Jan. 4, 2007, Pelosi’s first day as speaker, the national debt was $8,670,596,242,973.04 (8.67 trillion), according to the Bureau of the Public Debt, a division of the U.S. Treasury Department. At the close of business on Oct. 22, it stood at $13,667,983,325,978.31 (13.67 trillion), an increase of 4,997,387,083,005.27 (or approximately $5 trillion).

    Pelosi, the 60th speaker of the U.S. House of Representatives, has added more to the national debt than the first 57 House speakers combined.
    Debt Has Increased $5 Trillion Since Speaker Pelosi Vowed,

    Once again we see what liars these democrats are when they open their mouths.

    I wonder what ever happened to the Pelosi quote "Most Ethical and Honest Congress in History"?


    As of early January, "the most ethical Congress ever" hadn't punished a single congressman for ethics violations. Not one, despite the many, many imbroglios in which, to take a not-so-random example, Pelosi crony Jack Murtha was involved. In fact, seven more congressmen were exonerated of ethics charges just today despite their ties to the PMA lobbying group.
    Read more: Pelosi Says She's Running Most Ethical Congress Ever, Media Mum | NewsBusters.org


    House Speaker Nancy Pelosi (D-Calif.) insisted on Friday that she is running the most ethical and honest Congress in history. At the same time, however, she indicated she will not ask House Ways and Means Chairman Charles Rangel (D.-N.Y.) to resign his chairmanship-at least for now. Democrook Charlie Rangel was found guilty of ethics violations yesterday. But, at least he wasn't caught stashing $90,000 of cold hard cash in his freezer like crooked democrat William Jefferson who was recently sent to the slammer for 13 years.

    Read more: Pelosi Says She's Running Most Ethical Congress Ever, Media Mum | NewsBusters.org

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    Re: Debt Has Inceased 5 Trillion since Speaker Pelosi Vowed " No New Deficit Spending

    Are you calling Nancy Pelosi a liar?!?! She will silence you after her press conference about what an avid supporter she is of the Bill of Rights!
    Mr. Madison, what you've just said is one of the most insanely idiotic things I have ever heard. At no point in your rambling, incoherent response were you even close to anything that could be considered a rational thought. Everyone in this room is now dumber for having listened to it. I award you no points, and may God have mercy on your soul.

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    Re: Debt Has Inceased 5 Trillion since Speaker Pelosi Vowed " No New Deficit Spending

    Where there is smoke there is fire.

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    Re: Debt Has Inceased 5 Trillion since Speaker Pelosi Vowed " No New Deficit Spending

    When Pe;osi took office she promise PAYGO that means pay as you go on any spending..........That was $5,000,000,000.000.00 dollars ago........
    "God Bless Our Troops in Harms Way."

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    Re: Debt Has Inceased 5 Trillion since Speaker Pelosi Vowed " No New Deficit Spending

    Quote Originally Posted by Navy Pride View Post
    When Pe;osi took office she promise PAYGO that means pay as you go on any spending..........That was $5,000,000,000.000.00 dollars ago........
    Well, they blew a wad alright. Now a new version of PAYGO is being instituted. We pay, they go. Good-Bye.

    May they not return to power until we straighten this mess out.

    .
    The Clintons are what happens...
    when you have NO MORAL COMPASS.

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    Re: Debt Has Inceased 5 Trillion since Speaker Pelosi Vowed " No New Deficit Spending

    Quote Originally Posted by zimmer View Post
    Well, they blew a wad alright. Now a new version of PAYGO is being instituted. We pay, they go. Good-Bye.

    May they not return to power until we straighten this mess out.

    .
    Please... don't say 'blew a wad' in a thread about Peolsi....

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    Re: Debt Has Inceased 5 Trillion since Speaker Pelosi Vowed " No New Deficit Spending

    Midterm elections 2010: Prepare for a new American revolution - Telegraph

    Looks like a large group of people is getting ready to take care of this problem.
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

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    Re: Debt Has Inceased 5 Trillion since Speaker Pelosi Vowed " No New Deficit Spending

    Quote Originally Posted by American View Post
    Midterm elections 2010: Prepare for a new American revolution - Telegraph

    Looks like a large group of people is getting ready to take care of this problem.
    Never count your chickens before they're hatched.

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    Re: Debt Has Inceased 5 Trillion since Speaker Pelosi Vowed " No New Deficit Spending

    Lets see

    The Republican party has either controlled the White House or Congress since 1981 to 2009. In that period, the debt has gone from under 1 trillion to almost 12 trillion....

    Let me guess all that debt is the dems fault right? Why did Reagan go along with all this debt? Or Bush? or the Republican congress from 1995 to 2005? Oh yea, cause when the Republicans are in office they spend like drunken sailors in a whore house.
    PeteEU

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    Re: Debt Has Inceased 5 Trillion since Speaker Pelosi Vowed " No New Deficit Spending

    Quote Originally Posted by Jetboogieman View Post
    Never count your chickens before they're hatched.
    That's the conventional wisdom... this year is anything but conventional.
    “I think if Thomas Jefferson were looking down, the author of the Bill of Rights, on what’s being proposed here, he’d agree with it. He would agree that the First Amendment cannot be absolute.” - Chuck Schumer (D). Yet, Madison and Mason wrote the Bill of Rights, according to Sheila Jackson Lee, 400 years ago. Yup, it's a fact.


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