>We The Stupid
by Ann Barnhardt
I stand here in abject stupefaction. The so-called “right” 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.
There are no spending cuts in this plan. It is all accounting fraud. Saying that you are not going to spend money in Afghanistan ten years from now is not spending cuts. Even if you accept the $1 Trillion in cuts over ten years propaganda that is only $100 Billion per year, which is essentially meaningless relative to the size of the problem. Furthermore, even a miniscule uptick in interest rates, which given the massive debasement of our currency is now a mathematical certainty, will completely consume that $100 Billion per year. It’s all a joke.
Read the entire article at: https://www.americanthinker.com/blog/2011/08/we_the_stupid.html
