We’ve all heard the ad hominem attacks by the left: The tea party people are terrorist, who’re holding the economy hostage. But I ask who the real terrorist and hostage takers are? I say it’s the Democrats. They are the ones demanding that we give them money to continue their jihad on the American people, and it looks like they’ve obtained their objective:
US debt shot up $238 billion to reach 100 percent of gross domestic project after the government's debt ceiling was lifted, Treasury figures showed Wednesday.
Treasury borrowing jumped Tuesday, the data showed, immediately after President Barack Obama signed into law an increase in the debt ceiling as the country's spending commitments reached a breaking point and it threatened to default on its debt.
The new borrowing took total public debt to $14.58 trillion, over end-2010 GDP of $14.53 trillion, and putting it in a league with highly indebted countries like Italy and Belgium.
We’ve not see this debt to GDP ratio since World War II. So, I ask again, who is the real terrorist.