If you know how many thousands are in a trillion without looking it up , you are more informed in math than the majority of uninformed voters .

  "Subject: Wisdom then, Wisdom now!!"

 "  "The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure. It is a Sign that the US Government cannot pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government’s reckless fiscal policies. ...Increasing America’s debt weakens us domestically and internationally. Leadership means that 'the buck stops here'. Instead, Washington is shifting the burden of bad choices today onto the backs of our children and Grandchildren. America has a debt problem and a failure of leadership. Americans deserve better."

   "SENATOR BARACK HUSSEIN OBAMA, MARCH 2006  "



Analysis: True. The above quote comprises two excerpts from a long speech delivered by Barack Obama during a Senate debate over raising the national debt limit on March 16, 2006. Along with his entire party, then-Senator Obama voted against the increase, which passed nonetheless with overwhelming Republican support.

As President, Obama has said he regrets taking that stand. "He realizes now," explained White House spokesman Jay Carney in a statement to the press on April 11, 2011, "that raising the debt ceiling is so important to the health of this economy and the global economy that it is not a vote that, even when you are protesting an administration's policies, you can play around with."

As of now, the shoe is on the other foot.
http://urbanlegends.about.com/od/barackobama/a/Obama-Quote-Debt-Limit.htm