Today I read two very telling news articles. They were both on Newsmax.com. The first one was about the report by Ocommie's own National Debt Commission. I bet he thought they would show the world how right his economic policies are but they actually reported that he is dead wrong. And most of what was quoted in the story was stated by the Democrat.
The article started out with this little paragraph, "The heads of President Barack Obama's national debt commission painted a gloomy picture Sunday as the United States struggles to get its spending under control."
Hold it, isn't Ocommie convinced that the only way to get out of debt is to spend your way out? Oops!!!
Then they stated that everything Ocommie is doing must be reconsidered, "Republican Alan Simpson and Democrat Erskine Bowles told a meeting of the National Governors Association that everything needs to be considered - including curtailing popular tax breaks, such as the home mortgage deduction, and instituting a financial trigger mechanism for gaining Medicare coverage." In other words, Ocommie's complete economic plan of action has to be overhauled.
Then they said something I have been telling you for some time but they white washed it a little.
The nation's total federal debt next year is expected to exceed $14 trillion - about $47,000 for every U.S. resident.
"This debt is like a cancer," Bowles said in a sober presentation nonetheless lightened by humorous asides between him and Simpson. "It is truly going to destroy the country from within."
Note that they said that, "It IS truly going to destroy the country from within," making it look like there was still hope. But hold it! Note that they also said that the country admits to owing $47,000 for EVERY US RESIDENT and not working tax payer. If they had said working tax payer, it would have been bad enough because the per capita income in the US is less than $40,000 per worker which should tell you that, if you took everything everyone earned for the next year, you couldn't pay off the debt they admit to having. But, when you divide our debt by EVERY US RESIDENT, it makes it even worse because most US residents don't work and generate income. This means that there isn't even enough annual cash flow in the US to pay off the admitted national debt. Forget about just taxing the rich.
What they are very subtly telling you is what I have been clearly telling you, which is that it is impossible to pay off the current debt much less the debt the commie's are adding on with their continued spending. :-P In other words, this country has already been destroyed, just like I have been telling you. It just hasn't finished kicking yet!!!
Then they told you something else I have been telling you.
Simpson said the entirety of the nation's current discretionary spending is consumed by the Medicare, Medicaid and Social Security programs.
"The rest of the federal government, including fighting two wars, homeland security, education, art, culture, you name it, veterans, the whole rest of the discretionary budget, is being financed by China and other countries," said Simpson. China alone currently holds $920 billion in U.S. IOUs.
They told you what I have been saying, which is that our current financial problems are being caused by the commie big government spending on entitlement programs because they have gotten too big. What do you expect when you provide for everyone in the nation including all the Welfare recipients and illegal aliens who don't even pay taxes. The commie's like to lie to you about it being the fault of the military and the war but the three programs which eat up all tax revenues are the commie prize entitlement programs.
Then they almost admitted the whole truth when they stated, "Despite their backgrounds, both Simpson and Bowles said they were not 100 percent confident of success this time around.
Simpson labeled the commission members "'good people of deep, deep difference, knowing the possibility of the odds of success are rather harrowing to say the least.'"
In other words, they don't think this country can be saved this time around. The debt is too out of control, just like I have been telling you. We're screwed, just like I have been telling you and it is the upper class trash that screwed us, just like I have been telling you.
The second article was about everyone slowly waking up to Ocommie's incompetence in handling the current economic mess...and everything else. :-)
"President Obama's economic approval rating is tanking, even though administration officials continue to insist that the economy is showing signs of improvement. The Discover (R) Consumer Spending Monitor shows that just 28 percent of Americans think the economy is getting better, while 48 percent say it's getting worse."
"Half of the nation's voters now view President Obama's handling of the economy as poor, according to a new Rasmussen Reports national telephone survey. This is the president's highest negative rating in this area since he took office in January 2009."
"During the summer of 2009, those with doubts about the president's handling of the economy grew. The number giving him poor marks has stayed in the mid- to high-40s since November before reaching 50 percent this month."
According to his own commission's report, Ocommie is doing all the wrong things meaning things will just get worse so you can bet Ocommie's rating will also get worse. He has screwed himself as well as us.
Right now, I am waiting to see how the Commiecrats are going to get rid of Biden so they can move Queen Pelosi into the Vice Presidency so she can become the nation's first ever female president when they impeach Ocommie to keep from losing the House and Senate this coming November. Timing will be crucial with this because they don't want Queen Pelosi to get into office too soon or her honeymoon will end before the election and also work against the commie's in this coming election. They want her to be sworn in about 2 to 4 weeks prior to the election in hopes it will cause most women and some men to be carried away in jubilation about having our first female president so they will put behind them Ocommie and Pelosi's terrible records and vote for Commiecrats.
They can probably impeach Ocommie in about 1 or 2 months so the impeachment needs to be finished by about the first or middle of October so the stupid people will put the ugliness of the impeachment and the Commiecrat spending behind them and vote Commiecrat in November. This means they need to start impeachment proceedings for Ocommie in about August or September. They have to get rid of Biden some time before they finish getting rid of Ocommie.
It is time for revival on a global basis. Acknowledge your crimes against God's Laws, repent of those crimes, and seek the amnesty of our Lord Jesus the Christ. John 3:16 - For God so loved the world He gave His only begotten Son so that who so ever believes in Him will have everlasting life.