No kidding! Wow, maybe Obama isn't stupid; he just doesn't care now that he has created the United Socialist States of America (USSA). Who cares that we're broke, right? That will only simplify to the neo-fascist version of "kind" communism the President is seeking!
President Obama tells C-SPAN that, "We are out of money now," when asked about the enormous deficit he created this year. Barack Obama will quadruple the national deficit in his first year in office.
Drudge reported:
In a sobering holiday interview with C-SPAN, President Obama boldly told Americans: "We are out of money."
C-SPAN host Steve Scully broke from a meek Washington press corps with probing questions for the new president.
SCULLY: You know the numbers, $1.7 trillion debt, a national deficit of $11 trillion. At what point do we run out of money?
OBAMA: Well, we are out of money now. We are operating in deep deficits, not caused by any decisions we've made on health care so far. This is a consequence of the crisis that we've seen and in fact our failure to make some good decisions on health care over the last several decades.
This should come as no suprise!!
ReplyDeleteWow it took him about 20 seconds to say he was not to blame and another 8 seconds to start to blame Bush
ReplyDeleteI’ll tell you what, this holiday weekend news continues to raise my cause of concern for the country.
ReplyDeleteI’ve been tracking the price of gold with the widget ExactPrice and it’s been interesting to watch the price of gold rise in the May when typically it doesn’t. And now I’m wondering just what’s going to happen to the price tomorrow at the opening of the markets with this news from the President?
More or less he’s basically said the dollar is worthless. That's sent a striking message to all those holding US debt.
Tomorrow is going to be one interesting ride.
I’ll tell you what, this holiday weekend news continues to raise my cause of concern for the country.
ReplyDeleteI’ve been tracking the price of gold with the widget http://www.learcapital.com/exactprice and it’s been interesting to watch the price of gold rise in the May when typically it doesn’t. And now I’m wondering just what’s going to happen to the price tomorrow at the opening of the markets with this news from the President?
More or less he’s basically said the dollar is worthless. That's sent a striking message to all those holding US debt.
Tomorrow is going to be one interesting ride.
Sorry about the double post. It didn't seem to go thru on my end the first time. But now I see that it did.
ReplyDelete