No nation ever taxed itself into prosperity.
It’s too bad, that not all things “Not too Popular” would just go away like Van Jones did, and now, if only Obama would.
Now if we will remember back to 2006, when the GOP Congress was debating raising the U.S. Debt Ceiling, then Senator Barack Obama said this;
“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 U.S. Government can’t 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.
“And the cost of our debt is one of the fastest growing expenses in the Federal budget. This rising debt is a hidden domestic enemy, robbing our cities and States of critical investments in infrastructure like bridges, ports, and levees; robbing our families and our children of critical investments in education and health care reform; robbing our seniors of the retirement and health security they have counted on.
“Every dollar we pay in interest is a dollar that is not going to investment in America’s priorities. Instead, interest payments are a significant tax on all Americans–a debt tax that Washington doesn’t want to talk about. If Washington were serious about honest tax relief in this country, we would see an effort to reduce our national debt by returning to responsible 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.”
Now, this man who said that Bush failed in leadership for daring to want to raise the debt ceiling, is now calling for one himself. And, on top of all his reckless spending of OUR money, here is the clincher on this idiot. He has gotten Congress to sign another check bailout, for Fannie Mae And Freddie Mac and this one is an open check. No amount listed. When is this insane spending going to end? I say it will end when Obama loses his majority in the senate and the house….and then the attempts to spend insanely will stop when Obama is ousted from the White House in 2012. I pray that happens.
God Bless America, her troops and her people
God Bless my readers, my listeners on BTR and my viewers on You Tube….