“We are not going to be able to perpetually finance the levels of debt that the federal government is currently carrying.” — President Obama, February 12, 2009
That was yesterday, before the Congressional Democrats and three Senate Republicans gave President Obama his national debt-busting $787 billion bailout boondoggle, which will actually cost $3.27 trillion.
Now, with his so-called “stimulus” in hand, Obama will morph into a deficit hawk.
Obama’ has scheduled his “fiscal-responsibility summit” for February 23, and according to the Wall Street Journal, three days later, Obama will start to pressure politicians to address the country’s debt crisis.
Oh the irony hypocrisy Obama. How does this president get away with having everything both ways?
Steve Maley
Neil Stevens
Daniel Horowitz
He hasn't gotten away with anything yet
Neil Stevens (Diary) Saturday, February 14th at 12:35PM EST (link)He only gets away with anything if he wins re-election in 2012.
RS contributing editor, technical administrator, and “a hardy variety of crabgrass.”
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Unlikely Voter: Poll Analysis, Election Projection.
“I rejoice that America has resisted.” – William Pitt, the Elder
2 Words: G-o-d F-o-r-b-i-d (nt)
Xasteius (Diary) Saturday, February 14th at 12:38PM EST (link)Don’t leave the party, hijack it back!
The only poll that counts is the one at the ballot box.
I don’t want to be Reagan. I want to be a Chance/Soros hybrid.
The Media
LoneStarLizard (Diary) Saturday, February 14th at 12:36PM EST (link)When the media is shilling for you, there is no end to what you can get away with.
http://www.lonestarlizard.com/
Not really
Neil Stevens (Diary) Saturday, February 14th at 12:40PM EST (link)Carter got tossed. Clinton stayed in office but was castrated policy-wise after only two years in office.
RS contributing editor, technical administrator, and “a hardy variety of crabgrass.”
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“I rejoice that America has resisted.” – William Pitt, the Elder
The Republican message going forward should be...
realityunwound (Diary) Saturday, February 14th at 2:06PM EST (link)This is what the “stimulus” brings you. As the economy continues to slump, point point point and call it what it is.
Of course, there needs to be a rabid, radical return to Reagan-esque fiscal responsibility.
http://www.realityunwound.com
That graphic needs to go viral. nt
redneck_hippie (Diary) Saturday, February 14th at 12:40PM EST (link)It's an eye-opener, alright
1SGinTN (Diary) Saturday, February 14th at 12:46PM EST (link)Let’s just make sure everybody understands the rise above the surplus line was not “because Clinton was president”, but a Conservative Republican Congress was in session.
Tu Ne Cede Malis
-Virgil
"The One" is only the first name of the POTUS...
CSUFBomb (Diary) Saturday, February 14th at 12:43PM EST (link)…his full name is The One-Term President.
–
“We want great men who, when fortune frowns, will not be discouraged.” – Colonel Henry Knox
555 nt
redneck_hippie (Diary) Saturday, February 14th at 12:46PM EST (link)But, that "one term" may be for life. nt
Achance (Diary) Saturday, February 14th at 2:23PM EST (link)In Vino Veritas
Breathtaking Doublespeak!
reddog53 (Diary) Saturday, February 14th at 1:20PM EST (link)This is pretty amazing, but becoming par for the course.
A couple of other quick facts from the 2006 IRS statistics:
To pay for the roughly $1.2T for the stimulus bill (original+ interest), you would have to seize 100% of the adjusted gross income of ALL of the 338,000+ returns filed in 2006 with more than $1M in AGI. Many of these returns are actually small businesses and farms, filing as LLCs.
Alternatively, it would take 100% of the adjusted gross income of over 26 million returns filed with AGI less than $75K in income to pay this bill.
Another way to look at it is to realize that it would take roughly ALL the income taxes paid by ALL individuals for the next 2 years just to pay for the stimulus.
And now the President realizes that it’s too much???
Last 2 paragraphs would
redneck_hippie (Diary) Saturday, February 14th at 1:31PM EST (link)resonate with the people if we had mainstream journalism in the country.
His Window For Taxing The Rich
Swamp_Yankee (Diary) Saturday, February 14th at 1:28PM EST (link)That is all this is. Create the debt through socialistic spending. Cry foul. Demand the rich pay for it because it is the right thing to do.
I beginning to think he really is th manchurian candidate.
Beat me to it, on both points...
fmaidment (Diary) Saturday, February 14th at 3:22PM EST (link)n/t
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“I would rather be exposed to the inconveniences attending too much liberty than to those attending too small a degree of it.”
– - Thomas Jefferson, to Archibald Stuart, 1791
It's all about fairness
NickDeringer (Diary) Saturday, February 14th at 1:28PM EST (link)It’s not fair that all you Republican business people should be so affluent and all these Democrat voters should be so poor.
It’s just not fair….
NickDeringer
And here I am slobbering drunk
itrytobenice (Diary) Saturday, February 14th at 1:42PM EST (link)trying to explain how I’m going to make you all stop drinking tomorrow.
Proper grammar saves lives.
Let’s eat Grandma.
Let’s eat, Grandma.
That one gave me a good chuckle...
fmaidment (Diary) Saturday, February 14th at 3:23PM EST (link)nt
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“I would rather be exposed to the inconveniences attending too much liberty than to those attending too small a degree of it.”
– - Thomas Jefferson, to Archibald Stuart, 1791
Of course he will get away with it
Jack_Savage (Diary) Saturday, February 14th at 1:52PM EST (link)He will appoint a “bi-partisan” commission headed by Arlen Specter to “take a serious look at how we can take action to reduce the deficit, starting with spending on defense.”
Orwell simply would not believe what is going on.
get away
tjexcite (Diary) Saturday, February 14th at 2:20PM EST (link)How does this president get away with having everything both ways?
He will blame Bush and GOP with the MSM agreeing with him
When you do things right, people won’t be sure you’ve done anything at all
not as if people weren't warned...
JLenardDetroit (Diary) Saturday, February 14th at 2:32PM EST (link).
Obvious to see his plan… front load all this spending and most the fools will have long forgotten by his re-election run time…. when we remind folks about the spending spree he’ll blame Bush first and Congress – he was just along for the ride and “had to do it” because he just got into office and inherited Bush’s …. blah, blah, blah… yadda, yadda, yadda….. Democrats are so STUPID (as are far too many others) and will lap it up again!!
Regards from NoMoTown (the MOTORlessCITY)
“Liberals, looking to do for? America what they’ve done for? Detroit! which is DESTROY IT!”
“I think, therefore I am Conservative”
“Conservative by choice, Republican by necessity”
“You can lead a Liberal to the Truth/Facts, but you cannot make them THINK!”
“Romney [No, not my first choice] does NOT have a MORMON problem. He has a, far too many Americans; these days; are MORONS problem!”
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(RS:Help) (JLD) (Hollyweird) (Brain-deads) (SPIN-cycle) (Obamaocare) (Party of kNOw) (Conservatism) (TEApeats) (respectful) (message) (Warning: Children Will Die!!)
Heil “O” Hell No Obamao is NOT MY PRESIDENT! “No U won’t”
I want “O” to FAIL (here, here, & whole Diary (Ofail) here, is why)
“The first Liberal was Satan” – a Rush caller (other Quotes)
"I was for it while I was against it nt
6eorge Jetson (Diary) Saturday, February 14th at 4:58PM EST (link)It's going to be labeled.....
wolfgang Saturday, February 14th at 8:23PM EST (link)…a patriotic tax increase.
The one thing thatdrivesTHE OBAMBI administration is the transfer of wealth and income. ie Robert Reich and his remark that he doesn’t want one cent of the stimulus package going to white male construction workers.
Count on it, for the next four years ACORN will play while you pay.
In the end, THE OBAMBI could end up setting race relations in this country back sixty years. That may be the reason he needs his Civilian National Police Force so much. Think of the prospect: thousands of internment camps for white American dissidents, those who discerned what THE ONE was up to and dared to speak up.