American Patriot
Mayor
Obama knows he is going to face very tough negotiations with increasing the debt ceiling. Obama is against any type cuts to anything, nothing is on the table, including entitlements, medicaid, or social security. In fact he actually wants and has plans for more massive spending programs. Obama has stated that we do not have a spending problem in Washington.
Obama still has no budget of any kind, not even a balanced one. Obama, Pelosi, and Reid have all stated that we need more and much higher tax rates on everyone, not just the rich. To avoid the argument about the debt ceiling Obama now plans to MINT one trillion dollars worth of coins right out of thin air and using a little known loop hole, this in fact may be possible. We continue to borrow about .43 cents of every dollar Washington spends to the tune of around four point six billion dollars more in debt everyday.
Obama believes in European socialism, spreading the wealth, class warfare, playing the race card every chance he gets and of course the blame game. After four years in office it still is all Bush's and the GOP's fault for absolutely every issue or concern our nation faces. Tax and spend is now the mantra of the far far left wing progressive european socialists. Obama is now directly responsible for 35 % of this nations debt and that number could reach 50 % by 2016.
The answer now has come full circle, if you don't have the money, just print it or MINT it. Since taking office Obama has allowed the actual value of our currency to decline by 22% and it continues to plunge. Obama is a strong believer in Keynesian economic theory which Keynes himself said was never intended to be a long term fix for any economy. Obama has spent more tax dollars than any president in our history combined.
Obama believes it is possible to print, MINT and spend your way into prosperity regardless of how much is actually owed by our nation. The amount of debt is a non issue for Obama. Since taking office actual income has declined by around $4200.00 dollars while costs have increased by 18%. Gasoline has more than doubled in price since Obama has come to power. Billions have been wasted on green energy pipe dreams that have totally failed. Many shovel ready projects Obama touted have tuned out not to be so shovel ready.
Out of control spending continues and nearly every bill that is passed by our Congress is loaded with pork and earmarks. Obama endorses an energy policy that is hurting our economy and actually increasing our dependence on foreign oil. Trade deficits have never been higher than since Obama took office. Obama has surrounded himself with staffers who are known socialists and communists.
The culture of corruption that exists in this White House can be measured from Benghazi to Fast and Furious. From outright lies to subtle deceit it all just continues.
These things are not a recipe for success and are not based on realistic sound economic judgement. Reality will soon prevail, however, and when it does it will hit America squarely between the eyes. WE cannot and must not continue down the path Obama is leading us all. Left to his own devices Obama could spend and waste trillions more taxpayer dollars with little if anything to show for the money spent. Minting one trillion in coin to get enough capital to spend some more hardly makes good economic sense. At some point this 16.5 Trillion Dollar debt soon to become 18 Trillion will have to be repaid by the tax payers.
I have been called many names in here by the far left, I have been accused of even being a racist and worse. But when I actually look at what is really happening to our great nation I really do not feel a burning desire to defend my true feelings about Mr. Obama or the far far left wing progressive european socialistic doctrine.
Obama now is contemplating circumventing the Congress and raising the debt limit by executive order. This move could have long lasting implications for the Obama machine. One being abuse of power, this is nothing new for Obama as he has done this kind of thing in his sordid past. One thing is nearly an absolute, taxes on all of us are going to rise and rise dramatically. There is no other way out of this situation. As Obama continues spending the debt continues to escalate dramatically.
Obama still has no budget of any kind, not even a balanced one. Obama, Pelosi, and Reid have all stated that we need more and much higher tax rates on everyone, not just the rich. To avoid the argument about the debt ceiling Obama now plans to MINT one trillion dollars worth of coins right out of thin air and using a little known loop hole, this in fact may be possible. We continue to borrow about .43 cents of every dollar Washington spends to the tune of around four point six billion dollars more in debt everyday.
Obama believes in European socialism, spreading the wealth, class warfare, playing the race card every chance he gets and of course the blame game. After four years in office it still is all Bush's and the GOP's fault for absolutely every issue or concern our nation faces. Tax and spend is now the mantra of the far far left wing progressive european socialists. Obama is now directly responsible for 35 % of this nations debt and that number could reach 50 % by 2016.
The answer now has come full circle, if you don't have the money, just print it or MINT it. Since taking office Obama has allowed the actual value of our currency to decline by 22% and it continues to plunge. Obama is a strong believer in Keynesian economic theory which Keynes himself said was never intended to be a long term fix for any economy. Obama has spent more tax dollars than any president in our history combined.
Obama believes it is possible to print, MINT and spend your way into prosperity regardless of how much is actually owed by our nation. The amount of debt is a non issue for Obama. Since taking office actual income has declined by around $4200.00 dollars while costs have increased by 18%. Gasoline has more than doubled in price since Obama has come to power. Billions have been wasted on green energy pipe dreams that have totally failed. Many shovel ready projects Obama touted have tuned out not to be so shovel ready.
Out of control spending continues and nearly every bill that is passed by our Congress is loaded with pork and earmarks. Obama endorses an energy policy that is hurting our economy and actually increasing our dependence on foreign oil. Trade deficits have never been higher than since Obama took office. Obama has surrounded himself with staffers who are known socialists and communists.
The culture of corruption that exists in this White House can be measured from Benghazi to Fast and Furious. From outright lies to subtle deceit it all just continues.
These things are not a recipe for success and are not based on realistic sound economic judgement. Reality will soon prevail, however, and when it does it will hit America squarely between the eyes. WE cannot and must not continue down the path Obama is leading us all. Left to his own devices Obama could spend and waste trillions more taxpayer dollars with little if anything to show for the money spent. Minting one trillion in coin to get enough capital to spend some more hardly makes good economic sense. At some point this 16.5 Trillion Dollar debt soon to become 18 Trillion will have to be repaid by the tax payers.
I have been called many names in here by the far left, I have been accused of even being a racist and worse. But when I actually look at what is really happening to our great nation I really do not feel a burning desire to defend my true feelings about Mr. Obama or the far far left wing progressive european socialistic doctrine.
Obama now is contemplating circumventing the Congress and raising the debt limit by executive order. This move could have long lasting implications for the Obama machine. One being abuse of power, this is nothing new for Obama as he has done this kind of thing in his sordid past. One thing is nearly an absolute, taxes on all of us are going to rise and rise dramatically. There is no other way out of this situation. As Obama continues spending the debt continues to escalate dramatically.
