Posted by
James Burns on Monday, February 23, 2009 8:32:02 PM
So here we are, close to 800 billion dollar spendulus bill, ready to be dispursed. Rushed through congress faster than any other legislation in history. President Obama told congress and the nation this bill must be passed and set in motion or the sky was going to fall. Then we have Secretary of State Hillary Clinton taking her first trip in her new position to visit Asian countries, especially China. Then we have President Obama stating he will cut the deficit from 1.3 trillion to 500 billion and change. I do not have the exact numbers but I do know the difference is around 800 billion dollars. How much was the stimulus package? 700 almost 800 billion dollars? So what is the connection? Let me tell you.
In his infinate wisdom, President Obama rammed the spendulus bill down our throats. He then, once it was passed went to China for a loan. China said I don't think so because you owe us too much money now as it is. So Obama starting to sweat a little, send Hillary to China to sweet talk them into loaning the US the money. But to no avail, China is sticking to their guns. I don't blame China, we owe them enough. You can only borrow so much before the well dries up. So then Obama comes out and says I am going to get the deficit lowered. Roughly the amount of the stimulus bill. He has stated it is time for us to become fiscally responsible. Were was this attitude when you were ramming the biggest pork barrel bill that has ever seen the light of day down our throats? There is more pork in that spendulus bill than in a Spam factory. But anyway why all of a sudden the worry about fiscal responsability? It seems he can't get the money, so he must start the old printing presses. In doing this he will make our money completely worthless. Inflation will sky rocket. That is why he wants to cut spending. To lessen the blow when the presses start. So basically our whole budget is the spendulus bill and the rest of the government will suffer with lack of funding. He then will raise the taxes on the rich and business to cover all of this. So there goes more jobs and this whole mess will be dragged out even longer. What a nightmare. Can't he see that all of these tactics have been done before? They dragged the depression out longer than it had too.
But do you see the connection. Why Hillary went top Asia and why Obama is all of a sudden wanting to talk about fiscal responsability? Becasue he can't get the money for his brain child, the spendulus package, the Obama, Pelosi, Reid Bankrupt America and Wealth Redistribution Act of 2009. So know Obama is scrambling to try and get the funds he has signed into law and spread them around. Because we all know that Arnold has said that not only will he take his, but also any other governor who does not want theirs, he will take it for California. Boy he sure sounds like a liberal to me.
So in essense Obama signes a spending bill to spend money we don't have and won't have. I think he should have checked the money source first. It's the same old thinking we are the US they will give it to us no problem. Pres. Obama news flash new day and time we as a country do not have that pull anymore. Our economy caused alot of this financial crisis in other countries as well, so they are not to pleased with us. Why would they give us the money?