Saturday, May 15, 2010

'The IED President'

Dan from New York calls Obama 'The IED President' for reasons that will soon become apparent.

John Hinderaker of Powerline asks, "Is the United States Greece?," and then cites this factoid: The national debt in the US (on a gross basis) will climb to above 100pc of GDP by 2015 - a far steeper increase than almost any other country.

Hinderaker concludes: "The Democrats in Washington are both too stupid and too ideologically committed to read the writing on the wall. They are leading the United States over a financial cliff, and they have no intention of turning back. On the contrary: if they can, they will hobble our economy further by enacting a carbon tax. There is only one way to stop them, and to save our children--from whom greedy, selfish Washington liberals are borrowing trillions of dollars--from a lifetime of debt. The Democrats must be voted out in 2010, and Barack Obama must be denied a second opportunity to deconstruct the country that he doesn't much like."

At home and abroad, Obama's policies are timed to explode intermittently in the future - mostly too far out to damage him politically in the here and now. Americans need the foresight to defuse them before they go off in our faces, not after it's too late.

It's November or never, America.

The fiscal time-bomb is even worse than that. In addition to the "off-the-books" entitlement programs (Social Security, Medicare, etc.) that aren't included on the federal balance sheet, consider Fannie Mae and Freddie Mac.

The hidden tab for the GSEs is estimated at over $6 trillion.

Those "job shops for out-of-work Democrats" were destroyed by the likes of Andrew Cuomo, Janet Reno, Franklin Raines, Jamie Gorelick, Jim Johnson and Rahm Emanuel through a series of brain-damaged policy decisions and outright criminal activities.

Big government is literally crushing America -- and Democrats in Congress and the President don't appear to care a bit.


suek said...

And Wait! There's MORE!!

Bones said...

The young people in this country must be informed of the destruction of their future. The education system is not going to do it. The media and Hollywood constantly barrage them with lies and bias. Everyone that has the opportunity to talk to a young person has a duty to educate them with the truth.

Anonymous said...

I support Balkinization.
That's what I'm working on.

Anonymous said...

They spent it, let them pay it back. I just want to work quietly and have just a few precious years to enjoy when I retire. The only sound I hear is the spectre of rising taxes and increasing expense. Democrats should rot in hell... the problem is, they want to take us with them.