Limbaugh: In A Second Term Obama Would Cancel All American Debt

RUSH: There are some people speculating that in a second term, Obama would simply cancel all American debt. Just cancel it! And in the process, totally destroy the value of the US dollar. Just cancel it. You’re asking, “How does he do that?” Well, you work with the Federal Reserve and you just cancel the debt. You just wipe it out and say, ‘We’re canceling it and we’re starting fresh. We’re starting brand-new, starting all over.”

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