Obama fears debt could cause a double-dip recession?

One would expect to find this headline from Onion news, but apparently Obama indeed warns of a double-dip recession due to mounting debt!!  No sh*t Sherlock!   It has now officially become impossible to take our president seriously, he sounds like a child pure and simple.  Obama's policies alone have piled on more debt that Bush ever did and Obama can claim all day that his administration inherited a mess, but anyone with an IQ higher than their shoe size should now realize that our debt problem are due to Obama. 

Let's just go from memory to see how our 2009 deficit jumped from 485 billion/year to 1.8 trillion /year

- 787 billion dollar stimulus package; we argued against it on the grounds that infusing an economy with more liquidity was not the answer.  We now know the stimulus is riddled with fraud and our economic condition worsened, not improved.
- 33 billion  in homebuilder bailouts!!  After the housing bubble do you think the home builders need tens of billions of our dollars!?
- 33 billion in SCHIP expansion. 
- billions in bailing out GM and Chrysler.
- 700 billion TARP which was under Bush, but supported by Obama and the Democrats.  After all, it could have been reversed.

Much more mind numbing are the plans to spend. 

- Health reform (a total farce) estimated to cost anywhere between 1 to 2.6 trillion dollars. 
- Cap and Trade (based on global warming hysteria) starting with 200 billion and up, almost impossible to estimate due to business fluctuation.

How can Obama with a straight face complain about debt after he passes the biggest federal handout in history while advocating equally historically reform plans?  There are also credible rumors that another stimulus package is in the works.  Remember, as long as Congress and the President have a Federal Reserve willing to create money, government will continue to grow and grow until the destruction of dollar ultimately ushers in our demise.  Easy to createmoney when it's value is derived from the words of Ben Bernanke.

Truth of the matter is this;  Bush was an interventionist and a big government Keynesian.  He expanded Medicare more than any one of his predecessors, bailed out the big banks and AIG and gave us the first stimulus package (remember the 600 dollar checks?).  Obama is more of the same, but an even bigger Keynesian.   His plan is to do everything Bush did, but on an even larger scale.  Meanwhile he stands in front of the American public and blames Bush's administration for America's problems. 

ARE YOU FREAKING KIDDING ME!?!?!?

Mr. President, you are doing the exact same thing.  Either you are incredibly stupid or a filthy liar.  Even though you still have never showed us your grades from Columbia or Harvard, I will assume you are not incredibly stupid and will conclude that you are a liar.  Let us hope the rest of America realizes this.


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