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President Obama’s Conflicting Debt Positions

The Quote of the Decade:

"The fact that we are here today to debate raising America's debt limit is a sign of leadership failure. It is a sign that the US Government cannot pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government's reckless fiscal policies. Increasing America 's debt weakens us domestically and internationally. Leadership means that, 'the buck stops here.' Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership. Americans deserve better."

~ Senator Barack H. Obama, March 2006

As President Obama, he has:

Increased the National Debt by $5T — a 45% increase to a total of $16T.
Offered a 2013-2022 budget plan that adds $11T more debt [See page 245, Table S-15, last line]
Promised to add new jobs, energy, education, infrastructure, etc. programs and reduce the deficit — things we all would like to see happen.
Talked about a $4T ($400B/yr.) deficit reduction plan that will have little deficit impact — particularly if any new programs are added.

His “vision” is simply a statement of “what he thinks we want to hear.” Either he is delusional or has a hidden agenda such as changing the USA into a socialistic nation. His (and the democrats) strategy is simple:

“Tell us what we want to hear” — to hell with the truth.
Divide and conquer — use race, religion, sexual preference, etc. to avoid discussion of the real fiscal problems and divert republicans' attention.
Blame all problems on others — to hell with the truth.
Propose nothing specific — set on the sidelines and snipe at possible ideas from others.

November will be a truth or consequences test. If voters vote without knowledge of the truth for charismatic con artists, we will all soon suffer the consequences. Those who think they are voting to continue their “free” government money will suffer the consequences too since there will be no money for writing checks.

Tags: 2012, Political, elections, ethics, knowledge

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Comment by Diane Lee on September 19, 2012 at 4:57pm: For all those undecided voters and those conned by mediamatters garbage, Romney and Ryan are our only hope to rid ourselves of the cockroaches that inhabit our white house, cabinet, czars, aides, etc. These aholes are strutting around stealing your money and taking away your freedom....We must fumigate all of them from our government before it is too late!

Comment by di - OR on September 19, 2012 at 1:02pm: We're so tired of this crapola we could spit nails.

Comment by Lu B. Pierce on September 19, 2012 at 11:15am: It will only get worse - remember - "After the election he has more flexibility"!!!! There will be no stopping him from ruining America! He has already had a good start and we are way down his road! This is really the crossroads! Will America make it? Everybody get your yard signs out and stand up! No better time as there might not ever be another time if he is reelected!!

Comment by Robert W. Babcock on September 19, 2012 at 10:44am: In B.O. 's mind his success in office is right on target. He is set to Bankrupt the country as fast as he can. He knows citizens won;t put up with this behaviour for long. He says one thing and then does whatever will cause a crisis. He says he works night and day to create jobs, Then he sends a new Reg.to the EPA to kill another sector of Jobs. He is morally & intelectually dishonest. I know we can expect Politicians to exagurate on issues. This Leader just flat-out Lies to the ciitizens. As I have posted before, this leader is using a differant Dictionary.

Contributor Comment by Laurence Lynn Cleland on September 19, 2012 at 10:25am: I am sorry some of your posts required "approval." I have reset my settings to avoid this. I want to hear your comments and suggestions.

Comment by mike on September 19, 2012 at 6:39am: The world is heading full steam ahead into ww III !

Comment by Sandra Miller on September 19, 2012 at 12:39am: My comment was not posted. Perhaps I said something I shouldn't.

I listened to one of our top financial analysts the other day. His predictions come true 95% of the time.

He predicts that if we continue on our present course we will have a Depression which will be worse than

the Great Depression. I am old enough to remember that, and it was terrible for everybody.

I am only trying to warn what may happen if we don't start controlling government spending.

Comment by Sandra Miller on September 18, 2012 at 11:44pm: Hey, anyone who is getting any kind of help from the government. The money is all gone. In 4

years the government has spent more than we make. Since the government lives on what we

make, there is no more money for anyone. We desperately need a new President. You vote

for Obama, you're dragging us, your children and grandchilden right over the cliff.

Comment by Michael George on September 18, 2012 at 11:16pm: In my opinion "his vision" is helping bring about a world wide caliphate for his muslim-brotherhood sponsors.

All the rest is merely the means to accomplish this.

obama is a sick, psychologically disturbed sociopath, with a consuming hatred for Christians, Americans and ALL whites. He is utilizing marxism, fascism, socialism and plain old gangsterism to usher in his 7th century barbaric vengeance...

Perhaps he is under the impression that the islamists will forgive him his homosexual "leanings" if he helps do away with America as founded?

Let us hope that we don't fail the truth or consequences test in November.

Comment by Guy Fox on September 18, 2012 at 11:14pm: Aside from all of this, what do we know about obama? "Nothing"!

Romney needs to push for his)obama) records that he has paid millions of dollars to hide!

Fulbright Scholarships are for Foreign student only, Did he have one. The hidden records say "Yes"!

There are other isues with birth certificate, and where did he get all of his wealth? Bill Ayers must know!