Well, as I said, I was waiting for the President to speak out on the ongoing debacle of the debt crisis as I’m watching the market nosedive. As usual what did Comrade Obama have to say? Not a damned thing new! Raise taxes and spend more money. As all politicians, this clown only knows how to lie and deceive. $7 trillion in new debt is a spending cut! And so on and so on and blah blah blah!
We have seen not only political idiocy at its worse, but in fact have seen a complete dereliction of duty involving both sides. Rhino Republicans along with their leadership sold the country down the road. The had Obama by the balls but chickened out, unwilling to hear the terrible things the Obama propaganda machine would say about them! Raising the debt limit gave Comrade Obama and company an open checkbook. In turn, S&P followed through on their threat to downgrade. Of course, to the lying sacks of crap in D.C., this was a political act! Morn alert! S&P and others were branded as culpable in the housing bubble and so forth that led to the current recession. It just could be S&P is actually doing what they are supposed to. If I bite off too much, my rating goes down! Why shouldn’t the governments? So not to anyone’s surprise other than the lying bastards who said all would be well, we got the following!
“The U.S. debt surpassed 100 percent of gross domestic product after the government's debt ceiling was lifted, Treasury figures showed Wednesday, according to AFP.
The new borrowing took total public debt to $14.58 trillion, over end-2010 GDP of $14.53 trillion, and putting it in a league with highly indebted countries like Italy and Belgium”
Nothing surprising there. Note not only below, but in fact for decades, spending has risen unabated with not one true leader having the balls to intercede and try to stop it! For the lying Democrats and scum bag RINO Republicans, Aa Socialist welfare state is a promise of their job security. Nothing less. Promise a brain dead electorate the moon and be set for life! A few more interesting tidbits, all fact!
Since the Democrats took over Congress in 2007, the deficit has grown tenfold from $160 billion to $1.6 trillion. Spending has increased $1.1 trillion or 41 percent as the debt exploded $5.9 trillion or 68 percent. Meanwhile, unemployment has gone from 4.4 percent to 9.1 percent.
“U.S. debt shot up $239 billion on Tuesday — the largest one-day bump in history — as the government flexed the new borrowing room it earned in this week’s debt-limit increase deal.
The debt subject to the statutory limit shot way past the old cap of $14.294 trillion to hit $14.532 trillion on Tuesday, according to the latest the Treasury Department figures, which are released on the next business day.
That increase puts the government already remarkably close to the new debt limit of $14.694, which means one day’s new borrowing ate up 60 percent of the $400 billion in space Congress granted the president this week.
The previous one-day record debt increase was $186 billion, set on June 30, 2009.
So now we are in free fall. Congress did not do its job! The President sure as hell didn’t lead! And what in fact have we heard from him! Wait, we did hear something!
From the PJ Tattler: The King of Excuses
“The week prior to the downgrade of US credit by S&P, President Obama and his spokesman took four separate occasions to cast blame for the poor economy on the Japanese tsunami, the Arab Spring, the “unrest” in Europe and the rise in oil prices. The lousy economy predates all of those, and his policies have made a bad economy much worse. Now that the downgrade on our credit has happened, the president sent out David Axelrod, John Kerry and the usual suspects to blame the Tea Party. They even called it the “Tea Party downgrade,” a line so cynical and dishonest it catches your breath.”
So basically, nothing other than the usual bullshit! After the downgrade, President Weenie went into hiding! Not a word for over 2 days! Oops! Forgot one thing. He did send out his propaganda ministers to spread the usual lies and crap pointing the finger at everyone except him and his clueless cohorts form both parties!
And before I go any further here, I am sick and damned tired of being blamed for this fiasco. I believe in the Tea Party and its stands on issues! I am not a Racist as charged! I am not a terrorist as charged! I am not a cannibal or anything else as portrayed by these sick bastards in the media and on the left. I and others are American citizens concerned about our country. Yet Comrade Obama sent out his propaganda ministers to demonize the Tea Party and all conservatives in general! Below, are different quotes from moronic imbeciles whose only concern seems to be blame the Tea Party! BTW: Let’s not forget these are the same jerks who when they had complete control of all facets of government, could not even bother to pass a budget much less anything else other than that which they wanted to push as part of their socialist agenda!
“This is essentially a Tea Party downgrade,” Axelrod said.
“I believe this is, without question, the tea party downgrade,” Mr. Kerry, Massachusetts Democrat, said on NBC’s “Meet the Press.”
"This is a Tea Party problem," the fiery politician said. "They are totally unreasonable and doctrinaire and not founded in reality.
"I think they've been smoking some of that tea, not just drinking it."
But could they just leave it at that? Of course not! Why waste an opportunity to further vilify decent Americans if the ones in power can benefit from it? Nope! The MSM or in my view, the co-opted media shills for Comrade Obama happily kissed their Fearless Leaders hand and proceeded to rip into anyone opposing their views as evidenced below!
“You know what they say: Never negotiate with terrorists. It only encourages them. These last few months, much of the country has watched in horror as the Tea Party Republicans have waged jihad on the American people....For now, the Tea Party Republicans can put aside their suicide vests. But rest assured: They’ll have them on again soon enough.”
— New York Times columnist Joe Nocera, August 2
“Tea Party budget-slashers....were like cannibals, eating their own party and leaders alive. They were like vampires, draining the country’s reputation, credit rating and compassion. They were like zombies, relentlessly and mindlessly coming back again and again to assault their unnerved victims, Boehner and President Obama. They were like the metallic beasts in Alien flashing mouths of teeth inside other mouths of teeth, bursting out of Boehner’s stomach every time he came to a bouquet of microphones.”
— New York Times columnist Maureen Dowd, August 3 column.
“Some people say that the Republican Party has been held hostage by the Tea Party. One of our Facebook followers sent in an interesting analogy and said, ‘Why are Republicans allowing freshman congressmen to control this debate?’ and this person said, ‘It’s like letting the teenager in the family run the family budget.’ I mean, there’s some truth in that.”
— Moderator Bob Schieffer to GOP Senate Leader Mitch McConnell on Face the Nation, July 31.
“Let me finish tonight with this bad experience we’ve all just been through. What we saw, what I saw at least, was one guy with a knife and the other trying to avoid being cut. It was a thug attacking a victim. It was a mugging. Now, the good news — relief is a better word, I suppose — is that the victim did get through it. The bad news is that the mugger got what he wanted. He got the wallet....The mugging continues, again and again and again. The people who perpetrated this assault on the President will come back to do it again.”
— Chris Matthews talking about the debt talks on MSNBC’s Hardball, August 2.
Thanks to Newsbusters for the above quotes!
Now in my view, this is disgusting enough. In the past as all who follow me know, I have railed endlessly about not only the co-opted media, but in fact the loss of our freedoms such as Freedom of Speech! That is bad enough on its own, but increasingly we see power mad assholes such as John Kerry below openly advocate what is in effect censorship of any position opposed to theirs!
SEN. JOHN KERRY: “And I have to tell you, I say this to you politely. The media in America has a bigger responsibility than it’s exercising today. The media has got to begin to not give equal time or equal balance to an absolutely absurd notion just because somebody asserts it or simply because somebody says something which everybody knows is not factual.
“It doesn’t deserve the same credit as a legitimate idea about what you do. And the problem is everything is put into this tit-for-tat equal battle and America is losing any sense of what’s real, of who’s accountable, of who is not accountable, of who’s real, who isn’t, who’s serious, who isn’t?”
Here we have a sitting U.S. Senator advocating and in fact openly telling the media what to write about or what to say or not say! Where in the hell is the outcry about this! Will someone please tell me what the hell gives anyone the right to tell the “Free Press” what to say? Oh, silly me! I forgot the MSM is a propaganda shill for Comrade Obama and company, just as TASS and Pravda for the USSR ro the media in Venezuaela as an example are required to be!
As I am always taken to task about what I feel are the Soviet Style Marxist leanings of this President and his party, let me give you this incredible piece of B.S.!
“While noting he is disappointed with "some aspects" of the Obama administration's domestic and foreign policy, Sam Webb, chairman of the Communist Party USA, threw his support behind Obama's re-election bid.
In an article last week at People's Weekly World, the official newspaper of the Communist Party USA, Webb discussed the need for a third party consisting of the so-called working class and labor as well as "racially and nationally oppressed people, women, youth, immigrants, seniors, gay and straight."
Webb, however, recognized that such a party is not likely to emerge by next year.
"Millions who have to be at the core of this party still operate under the umbrella of the Democratic Party, albeit increasingly in an independent fashion," he noted.
Webb said that for communists there are major differences between Democrats and Republicans. He urged his supporters to continue to back the Democrats.
Wrote Webb: "Neither party is anti-capitalist, but they aren't identical either. Differences exist at the levels of policy and social composition. And despite the many frustrations of the past two years, the election of Barack Obama was historic and gave space to struggle for a people's agenda."
While I’m not surprised, we have seen way too often that this President’s supporters feel he has not gone far enough! Moron Alert! He’s already in less than 2 years bought the U.S. to its knees! China now lectures us and why not? They own so much of our securities and in fact are now the de-facto leader of the world, courtesy of Comrade Obama!
While I didn’t think there could be any more inane idiocy to come out of this, I must stand corrected. Below is one of the most incredible and really asinine things I have ever seen or heard in my life! Print more money! All will be well! Our current administration says they never did this (stimulus QE1 and 2 and so on notwithstanding which were all in fact just printing more worthless money)! Just remember kids! I can’t even make this bullshit up!
“Former Federal Reserve Chairman Alan Greenspan on Sunday ruled out the chance of a US default following S&P's decision to downgrade America's credit rating.
"The United States can pay any debt it has because we can always print money to do that. So there is zero probability of default" said Greenspan on NBC's Meet the Press.
"What I think the S&P thing did was to hit a nerve that there's something basically bad going on, and it's hit the self-esteem of the United States, the psyche" said Greenspan”
Finally today, I want to give Joe Scarborough a kudo or two. As one well knows, I very rarely will say anything good about a lefty commentator but in this case, he is right on!
“SCARBOROUGH: I am not blaming the President exclusively. We have blamed the Tea Partiers here for not moving. We have blamed Republicans. We have blamed Democrats as well. But please – I know it makes you feel better, but, you know, stop using the Tea Party as a piñata. We’ve got systemic problems in this country. The President could have done something for two years when he had Democrats controlling the House of Representatives and controlling the United States Senate. He did nothing on entitlement reform.”
Today across the pond, the ECB put together a bailout package for Italy and Spain! More worthless money thrown away at more countries which followed the failed premise of Socialism! What is happening here in the U.S. now is just another symptom of the sickness that consumes any country in which their people reject personal responsibility and choose to expect someone else to do it for them. Our country is at a crossroads! The politicians up to now have chosen to either not act for all practical purposes or even worse continue in a way that can only destroy us! I firmly believe this President and the majority of our current leaders do not have the fortitude to take the actions needed to save this country. Yes, the medicine is bitter, but the creeping disease is hundreds of times worse! Get your heads out of your asses Washington! Stop lying to the electorate! Cut the bullshit promise and put the house in order!!!