The Truth finally had to come out.
Mr Obama and the MSM hinted around the issue when it was discovered the projected US deficit wasn’t $7 trillion — it was $9 trillion. Shucks. Just a little error.
WASHINGTON – The federal government faces exploding deficits and mounting debt over the next decade, White House officials predicted Tuesday in a fiscal assessment far bleaker than what the Obama administration had estimated just a few months ago.
Figures released by the White House budget office foresee a cumulative $9 trillion deficit from 2010-2019, $2 trillion more than the administration estimated in May. Moreover, the figures show the public debt doubling by 2019 and reaching three-quarters the size of the entire national economy.
Let’s review, shall we?
Former President Bush signed off on the first TARP in 2008. Shame on his ass. That’s just one point; I won’t go into the rest.
However, in the late -90s the bulk of the Demorats just literally INSISTED that people whom EVERYone knew couldn’t re-pay were provided loans for homes that they couldn’t afford.
Once that gate was opened, the Greed Was On. Blame should be placed on BOTH sides: the BUYERS (who knew, in their hearts, that the loan provided was bullshit) and the SELLERS (who mades cash from minimal backgrounds and were incentivized by the Fed).
The current arrogance of the Obama Administration is beyond astounding.
“Money is the Mother’s Milk of politics.” — Jesse Unruh, Fornicalia
The Obama Administration spent BILLIONS and BILLIONS of dollars on so-called “stimulus.”
And NO ONE can account for this money.
And Americans didn’t seem to much care.
Then.
Until, months later, NOTHING POSITIVE seems to be occurring.
The “stimulus” PROMISED by Mr Obama?
There is NO stimulus. There are only your hard-earned tax dollars pissed away. 20,000 checks going to dead persons in the “stimulus”?
Not just thousands.
Not just hundreds of thousands.
Not just millions.
Not just billions.
But Mr Obama’s “Little Mistake” encompasses TRILLIONS of dollars.
Where is your OUTRAGE?
Where is your DEMAND for ACCOUNTABILITY?
Where is the Obama Administration’s acquiescensce to the Truth?
And — on top of this — Obama wants to CONTINUE to spend money he doesn’t have and to lay the debt upon your children’s children’s children.
That is, if they deign to continue to procreate.
ObamaKare. Cap & Tax. Illegal Immigrant AMNESTY.
Those are Mr Obama’s Job One.
_____________________________
I only ask You one question:
WHO, in our country, is the ONLY source of cash?
Is it the City? Is it the County? Is it the State?
NO!
It is you.
The American Taxpayer.
YOU fund this nation and — when demanded — the WORLD.
HARDER WORK — and MORE OF IT!
Millions of lazy people demanding their entitlements depend on you.
This is a Crisis of Leadership — or , actually, a LACK therof.
Mr Obama no more has any viable idea of how to conduct this nation than he has a viable idea of how to program his DVR.
BZ
P.S.
Ted Kennedy died. I wonder what he’ll say now to Mary Jo?
