Obama's catching on?
May 14th 2009 23:59
President Obama has had an epiphany:
Gosh. If only there was some way that Obama could impact those unsustainable spending levels. If he just had the ability to propose a sensible budget or if he could have the power to veto wasteful spending bills, THEN he could do something about this foreboding problem.
Oh, wait. He HAS those powers? That IS his job? Why didn't his advisors tell him? Is he expected to know EVERYTHING about the powers of the presidency?
Perhaps Obama could borrow some money from the Chinese. He could issue some type of a sinking-the-treasury bond and raise enough money to buy himself a clue. He clearly is in dire need of one.
In 2012, we need to find a CPA to run for president. We actually need someone who understands the concept of debits and credits and who knows how to "balance the books". Obama doesn't seem to understand that simple concept. Neither did Bush.
President Barack Obama, calling current deficit spending “unsustainable,” warned of skyrocketing interest rates for consumers if the U.S. continues to finance government by borrowing from other countries.
Gosh. If only there was some way that Obama could impact those unsustainable spending levels. If he just had the ability to propose a sensible budget or if he could have the power to veto wasteful spending bills, THEN he could do something about this foreboding problem.
Oh, wait. He HAS those powers? That IS his job? Why didn't his advisors tell him? Is he expected to know EVERYTHING about the powers of the presidency?
Perhaps Obama could borrow some money from the Chinese. He could issue some type of a sinking-the-treasury bond and raise enough money to buy himself a clue. He clearly is in dire need of one.
In 2012, we need to find a CPA to run for president. We actually need someone who understands the concept of debits and credits and who knows how to "balance the books". Obama doesn't seem to understand that simple concept. Neither did Bush.
| 38 |
| Vote |
Comment by S.L.
The Political Brief
Comment by PopulistConservative
Angry Electorate
How hard is it for them to understand that we must spend less than we take in? Why can't these politicians get it?
I read that China is hesitating to buy any more US debt. That may be why the light went off for Obama. If we can't borrow money, we'll just have to print it. Sky-high inflation will be the inevitable result.
Comment by S.L.
The Political Brief
Comment by Lester Caudill
Round Politics
Comment by PopulistConservative
Angry Electorate