Obama Warns America's Debt Load is Unustainable
Can you believe it? After creating the largest spending program and largest deficit in American history, President Obama warns us about something every Tea Party American knows: that the American Debt Load is unsustainable. Thanks for putting us in this position Mr. Obama! In the following video, note that Steve Moore of the Wall Street Journal is not surprised as he has been warning of this from the beginning. However, Greta Van Susteren, of Fox News, seemed a little surprised as she had hoped the President's big stimulus and rescue plan would work out. No one should be surprised. Remember Barack Obama is well versed in relying on the use of OPM (Other People's Money) both as a ACORN community organizer and as a Illinois legislator and U.S. Senator. He was already in a mindset to send America down this road of indebtedness to China and other countries.Tags: Barack Obama, Blogburst, video, Fox News, Greta Van Susteren, National Debt, news, OPM, Steve Moore, US Debt To share or post to your site, click on "Post Link". Please mention / link to the ARRA News Service. Thanks!
Posted by Bill Smith at 4:07 PM - Post Link
12 Comments:
I believe he's setting the stage for huge, across-the-board tax increases next year.
yes he is raising taxs cap and trade is one big tax and their will be other higher tax coming thats your change for all the people that voted for change.
Where was this attitude when he was working to pile more of it on?!!!!! this guy is a disingenuous, deceitful fraud.
When will folks get it? This guy will do what the Soviets could not...bury America from within. Hussein is more than just a middle name.
And who is to blame for the most recent overspending?
I saw this on FOX News last night. He's insane!!!
I am hearing a lot of commentators talk about how brilliant the man is. It is not his supposed brilliance that scares me. It is that he truly believes that the American people are stupid. We need to prove him wrong.
Can you say "Narcasistic Split personality"?
The man is a genius!! Speaks highly of the liberal education system, doesn't it?
Wow.....He finally got it !!
He's setting us up for some of that change he's been touting. Very soon we will be turning off our air conditioners and turning on the fans like Grandma and Grandpa used to do. Gotta pay for the unsustainable government he is creating.
LOL They just going to turn it a round now make it look like he not the one doing all of this, lol that is to funny, 61% of the people love this guy
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