The Emperor is naked.

Again.

Revealed by himself.

Again.

Correct; take a look at that headline above once more.

By Craig Bannister

Raising the debt ceiling doesn’t increase the nation’s debt, Pres. Obama declared in a speech today.

In a speech at the Business Roundtable headquarters in Washington, D.C., Obama dismissed concerns about raising the debt ceiling by noting that it’d been done so many times in the past:

“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.

Discounting the sheer insanity of that statement, it’s odd, isn’t it, that the only media outlets reporting this little gem are those leaning to the right.  The rest of the American Media Maggots are reporting that Mr Obama “refuses to let the debt limit be a bargaining chip.”

This is the same man who, as a senator, ranted about having to vote for an increase in the national debt to roughly $8 trillion dollars — a drop in the bucket today.

The Emperor is not only naked, but chancred, addled and drooling.

BZ