After successfully plunging the next 5 generations of America deeply into unprecedented debt with the first round of his “stimulus” plan, B HO now schedules a “fiscal-responsibility summit” for February 23 “crafted to put pressure on politicians to address the country's surging long-term debt crisis.”
Obama to Shift Focus to Budget Deficit
Far left media outlet, McClatchy even sees how the so called “Stimulus plan” is going to fail, Will the stimulus actually stimulate? Economists say no.
From there we read “Top Economists” saying such things as,
“I think (doing) nothing would have been better,” “It's unfocused... It is a lot of money for a lot of nickel-and- dime programs,” “They are actually providing less short-term stimulus by cutting back… some of the tax credits,” “All this is 25 years of government expansion jammed into one bill and sold as stimulus” and “If the choice is between the current bill and an improved bill, I would say wait and improve the bill.”
Yet, Obama strong-armed this massive Socialist Bill through, to the point of providing a private government aircraft and crew to fly one Democrat back and forth from Ohio to cast his vote, at an unannounced cost to taxpayers.
Bear in mind, these are the same Demokrats who just recently were criticizing CEO’s from the Auto Industry and Wall Street for their use of private corporate jets. Also, realize this amounts to the Executive Branch jetting a member of the Legislative Branch to do the Executive Branch’s bidding.
Is that not a violation of the Separation of Powers in government?
And still, even with the “Rush to Vote and bankrupt,” this is but the first step proposed by the amateur occupying the Oval Office as the ink hasn’t even dried on the passage of this and already, yet another “stimulus” is in the plans!
And soon, we are to fawn over Obama because he will convene a “fiscal-responsibility summit” in a couple weeks?
Demokrat House Appropriations Chairman, David Obey labeled this massive spending bill as “the largest change in domestic policy since the 1930s.” Forgotten and ignored is that the “fix” given the nation by the Demokrats and father of America’s Socialist movement, Franklin Delano Roosevelt, prolonged and deepened the Great Depression until the advent of World War Two finally pulled us out of that.
Then again, B HO and the Demokrats were elected on promises of “openness and transparency,” yet rushed this massive bill through before Senators and Representatives could read it or before it could even have a minimal amount of public scrutiny. In short, THEY LIED!
Sadly, Demokrats were joined by three turncoat Republicans, Arlen Specter, Olympia Snowe and Susan Collins, all 3 of which should be purged from the Republican Party and handed over to the Socialist Demokrats who they side with all too often.
Even Russian Prime Minister, Vladamir Putin has warned these power crazed Demokrats,
“Excessive intervention in economic activity and blind faith in the state's omnipotence is another possible mistake,” adding, “the Soviet Union made the state's role absolute. In the long run, this made the Soviet economy totally uncompetitive. This lesson cost us dearly. I am sure nobody wants to see it repeated.”
“Nor should we turn a blind eye to the fact that the spirit of free enterprise, including the principle of personal responsibility of business people, investors and shareholders for their decisions, is being eroded in the last few months. There is no reason to believe that we can achieve better results by shifting responsibility onto the state.”
As a former KGB agent, Putin is well versed in Communism and can see the fallacy of the system that brought about the fall of the Soviet Union and Demokrats current rush towards it.
As 2010 rolls around and provided we are still able to hold free elections, remember just who it was that sold America into the deep Socialism and who refrained from jumping off the deep end. As stated by Columnist Debra Saunders,
“Obama and House Speaker Nancy Pelosi were taking potshots at President George W. Bush for supporting deficit spending. Now that they're in power, they're spending money at record speed that Washington doesn't have. And they're still blaming the Republicans.”
This debt will last a very long time and may never be paid off. Thank Barack Obama and his Demokratik minions for killing the American dream for many generations to come.