'RAISING THE DEBT CEILING DOES NOT INCREASE OUR DEBT'
So I saw this Drudge headline and figured he must have taken Professor Ditherton Wiggleroom out of context, because there’s just no way Wiggleroom thinks we’re that stupid, or is that stupid himself. But out of fairness to Drudge, I clicked on the link to see what the Professor had actually said, and here are his actual words:
“Now, this debt ceiling — I just want to remind people in case you haven’t been keeping up — raising the debt ceiling, which has been done over a hundred times, does not increase our debt; it does not somehow promote profligacy. All it does is it says you got to pay the bills that you’ve already racked up, Congress. It’s a basic function of making sure that the full faith and credit of the United States is preserved.”
Obama went on to suggest that “the average person” mistakenly thinks that raising the debt ceiling means the U.S. is racking up more debt:
“It’s always a tough vote because the average person thinks raising the debt ceiling must mean that we’re running up our debt, so people don’t like to vote on it, and, typically, there’s some gamesmanship in terms of making the President’s party shoulder the burden of raising the — taking the vote.”
I think he was stoned, and I’m not kidding. Either Wiggleroom was stoned when he said those words, or stoned when he or his speechwriter wrote those words, because that is not how a non-stoned person speaks or thinks. As a young man I spent four years in the former Pot Capital of the World™, Humboldt County, CA — and I know these things.
"Rightful liberty is unobstructed action according to our will within limits drawn around us by the equal rights of others. I do not add 'within the limits of the law' because law is often but the tyrant's will, and always so when it violates the rights of the individual." Thomas Jefferson
"If people can’t trust not only the executive branch but also don’t trust Congress, and don’t trust federal judges, to make sure that we’re abiding by the Constitution with due process and rule of law, then we’re going to have some problems here." - Barack Obama, June 7, 2013