Monday, August 1, 2011

We The Stupid: The economy of the United States has ground to a screeching halt.

"The Obama regime has achieved more in two and a half years than anyone could have possibly foreseen."

August 1, 2011
By Ann Barnhardt

I stand here in abject stupefaction. The so-called "right" or "Tea Party" in this republic is being so thoroughly rolled and defeated that I am struggling to come up with an adequate violent submission metaphor that does not involve prison rape . . . and they honesty think that they're "winning." Really? You call this winning?
  • - Obama gets over $2 Trillion to spend before the 2012 election
  • - There are no real spending cuts
  • - There is a massive tax increase effective January 1, 2013
Obama is going to be handed something in excess of $2 Trillion -- and he has made it perfectly clear that he will spend every penny of it before the November 2012 election. That's why he kept saying, " . . . so we don't have to do this again", meaning raise the debt ceiling again. The debt ceiling would only need to be raised if all of the money had been spent. Therefore, he has stated very clearly that he will spend every penny of any debt ceiling increase. He is going to burn through $2 Trillion-plus in the next sixteen months. This was the Obama regime's plan from day one. Geithner appeared before Congress in early May and told them this in no uncertain terms. This outcome has been a known quantity all along.  Read More