Thursday, May 14, 2009

Obama Defines Audacity

Audacity - Propose and pass a "stimulus" spending bill over $700 Billion. Propose a budget that will push the deficit to over $1.8 Trillion next year, with years of deficits over the $1 Trillion mark. Then after you have single-handedly muscled through this incomprehensibly huge spending bonanza you have the gall to say this:

From Bloomberg:

President Barack Obama, calling current deficit spending “unsustainable,” warned of skyrocketing interest rates for consumers if the U.S. continues to finance government by borrowing from other countries.

“We can’t keep on just borrowing from China,” Obama said at a town-hall meeting in Rio Rancho, New Mexico, outside Albuquerque. “We have to pay interest on that debt, and that means we are mortgaging our children’s future with more and more debt.”

Are you kidding me? How can you stand up there and claim that "WE" can't keep borrowing when it is "YOU" who are using every possible avenue to spend TRILLIONS of dollars and drive us into these wretched levels of debt.

This is like a man beating his wife to a pulp and then lecturing her that "WE" need to stop fighting like this.

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