"It's Debt On Arrival", Congressman Paul Ryan said. If anyone thought for a moment that Obama was going Clinton on us, guess his budget will clear up his latest lie. Ironically, Obama is spouting how much cuts he's made, and [just like the so-called tax credits he made] are non existant, or so miniscual, they're not worth mentioning. The $3.7 Trillion budget is an insult, and rather than showing true leadership, Obama's turned a serious state of affairs in to a game of cat and mouse.
The Democrat Party is surely not the Democrat Party of old, where a young President began his historic leadership with the words, "Ask not what your country can do for you. Ask what you can do for your country." But the 1960s radicals of those days are now running the asylum, and Barack Obama has just poked America in the eye with his atrocious budget.
Couple that with the events happening in Wisconsin. Union mobs trying to hog tie the state government for attempting to get the out-of-control spending under control. Same thing in New Jersey. The public unions are bankrupting the country, and people are waking up to it. We're broke, and it's getting worse. The time of corrupt out-of-control spending is over.
From Dick Morris, a chart that will knock your socks off. It's stunning! Digest it, and keep the fires burning under the feet of our congressional representatives -- federal and state.
The Damage Obama Has Done
by Dick Morris & Eileen McGann - February 15, 2011
The mainstream media does not cover the full extent of the damage the Obama Administration has inflicted on this country. Even FOX News often doesn't have the time to go into sufficient depth to explain what is happening.
From our friend Ruth S. King comes a chart which all of us should read and absorb, sobering though it may be:
Just take this last item: In the last two years we have accumulated national debt at a rate more than 27 times as fast as during the rest of our entire nation's history. Over 27 times as fast! Metaphorically, speaking, if you are driving in the right lane doing 65 MPH and a car rockets past you in the left lane 27 times faster . . . it would be doing 1,755 MPH!
(1) U.S. Energy Information Administration; (2) Wall Street Journal; (3) Bureau of Labor Statistics; (4) Census Bureau; (5) USDA; (6) U.S. Dept. of Labor; (7) FHFA; (8) Standard & Poor's/Case-Shiller; (9) RealtyTrac; (10) Heritage Foundation and WSJ; (11) The Conference Board; (12) FDIC; (13) Federal Reserve; (14) U.S. Treasury
In our new book, Revolt! (Due out March 1 – you can pre-order autographed copies now at DickMorris.com) we explain how Obama has wrecked our economy and chart a path to reverse the damage and defeat him in 2012.
These numbers make it crystal clear how crucial these two tasks really are!
Read more of his columns at DickMorris.com