Saturday, April 25, 2009

Someone is Full of It!

"...Barack Obama unveiled new steps on Saturday to restore U.S. fiscal discipline..."

I laughed until it hurt after reading this sentence, then I finished reading the sentence and it really hurt:
"...including support for legislation that would require Congress to pay for any new programs by raising taxes or cutting other expenditures..." [link] Now do you really think Congress is going to stop spending money? .... What is gonna happen to your paycheck now?

"Earlier this week I held my first Cabinet meeting and sent a clear message: cut what doesn't work," --Barack Obama [link]

Keep in mind Obama "demanded" a $100 million cut by his cabinet. Don't worry with the fact that this amount was only roughly one-twentieth of 1 percent of March's federal deficit [source]

I only have this to say to you Chairman Obama, go take a flying leap you sociofascist/Marxist, commie loving, freedom hating, community organizing, spend other's money, blame someone else, keep your change, piece of ...!

Quote for the Day

"The problem with socialism is that you eventually run out of other people's money." -- Margaret Thatcher

Happy Debt Day!

"The symbolic "holiday," which falls on Sunday, marks the point in the fiscal year when government spending exceeds revenue.

In other words, the government will stop making money and start borrowing on Sunday.

And it's coming earlier than ever, according to House Minority Leader John Boehner, who's pointing to Debt Day as yet another symptom of a government he says is spending too much, borrowing too much and taxing too much. Last year's Debt Day fell more than three months later, on Aug. 5.

"All the revenue for this fiscal year will be spent as of Sunday," Boehner, R-Ohio, said. With the fiscal year ending Sept. 30, he said, "everything that happens after Sunday through ... the balance of this fiscal year is going to have to be borrowed from our kids and grandkids." [link]

Isn't it nice to know that because of an out of control government every child that will born from this point forward will be "indebted" to the tune of between $30-$50K (dependent upon sources). Stop and think about that for just a moment. Each and every child born, in order to payoff government debt effectively is born owing the U.S. Government $30-$50K dollars. Good thing we live in the land of the free isn't it?

Spend it Like You Got it O!

"...Obama has shown he isn't afraid to spend billions of dollars on corporate bailouts or to run up trillions of dollars in U.S. debt to battle an economic crisis.

But in doing so, he has initiated the largest expansion of federal government since World War II and set up a massive challenge for his administration -- one that officials are already warning will be fraught with peril.

...Timothy Geithner told a congressionally appointed oversight panel this week that America's banks are still broken, despite all their bailout billions. And an inspector general assigned to the bailout program concluded this week that a private-public partnership designed to buy up bad assets is tilted in favor of private investors and creates "potential unfairness to the taxpayer." [link]

So everything is still broke, money has been created out of thin air, the size of the federal government has doubled in size in less than 100 days, and all this is supposed to be good and bring about "change" and "hope".