Mon
May
25
2009
Obama: Well, we are out of money now.
Barack Hussein Obama II, a Charismatic and Deceptive Community Organizer who leveraged empty feelgood propaganda to become the least qualified President in history, was able to accumulate more debt than all other preceding presidents in history in less that 100 days.
President Obama used a mixture of fear and falsehoods to fast track a 800 billion dollar economic stimulus package that was advertised to deal with a recession brought on by well intentioned yet economically disastrous liberal home ownership loans stemming from the Carter era Community Reinvestment Act.
While the stimulus plan was sold to the American People as a necessary tool to deal with the recession seen in 2009 the vast majority of the funds are not scheduled to be used until 2010 and later as a tool to prop up incumbent Democratic Senators, Representatives and Governors. No small amount of the 800 billion dollars will go towards old school Chicago political flavor cronyism feathering the beds of allies of the Democratic Party.
Earlier this week President Obama admitted he has effectively exhausted the financial resources of the nation he has governed for just over 100 days. In an effort to deflect blame President Obama blamed everyone and everything besides himself.
As of May 24th President Obama has overseen the bloating of the National Debt to just a shade under 11 trillion dollars. With an economic insight reminiscent of a 14 year old girl at a shopping mall President Obama has announced plans to collectivize the American Health Care System, The American Financial System and anything else that looks neat.
Get ready, it’s going to be a wild ride.
Sounds more like a post of political differences than actual facts… Please add some of your sources to support your point.
— Juan Tejeda · May 30, 09:15 am · #