Quote:
Originally Posted by jimnaseum
Obama's hand on the Rudder of the US might be the steadiest in it's history. I'm not makin' this shit up, it's going on!
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At the end of last week, the Dems cheered because the stock market was up something like 15 points -- wow, 15! -- yet yesterday it plummeted over 200 points... then it dropped another 100 today... all while Obama continues to pitch his plan for universal health care, which is now estimated to cost taxpayers yet another TRILLION dollars just to start up. Needless to say, Wall Street and others aren't sold on what he's selling. Not even the AMA is on board. Why? Because once again in Obama Land those who can actually count and who have a real sense of money are asking the one basic question: "So where the hell is the money going to come from to pay for THIS???"
Answer: that's right, yet again the Left feels it can hit up the so-called "rich" in the country. The only problem is Obama's idea of who is "rich" has once again dropped, and now you're "rich" to him if you're simply a standard middle class family. Which means we're now officially talking about increasing taxes, across the board for everyone, which is certainly a joke in an economic downturn as severe as the one we're enduring.
Not to mention, you're talking about sticking a $1 TRILLION health care bill on top of spending $2 TRILLION in stimulus funds, which all by itself was going to raise our debt level to such a staggering number that it will now leave our kids with a $1 TRILLION deficit per year for the next 10 years -- thus putting the United States nearly $13 TRILLION in the hole. Sorry, but I don't care what kind of fuzzy math the Left wants to trot out, there's simply not enough "rich people" to tax and cover THAT kind of debt load.
Since the start of the year, like clockwork, weekly unemployment figures continue to roll in at an amazing rate of over 600,000 jobs shed per week. But I loved that last month the Obama White House crowed they "saved" 30,000 jobs. Seriously, think about that. Four weeks in a month times 600,000 per week translates into 2.4 MILLION jobs lost, yet they were so proud they saved 30,000. And now the White House has changed its own language about "creating" jobs to "saving" jobs instead. And topping it off, there are now meetings taking place overseas to discuss dumping the American dollar in favor of creating a new world currency simply because the rest of the world has lost faith in the American dollar, given the sheer amount of money that Obama is trying to spend, borrow, or simply asking the Fed to continually print up so he can spend that money TOO.
Sorry, but if this is your idea of the "steadiest hand in history" on the rudder of the U.S economic ship, I would sincerely advise everyone to strap on their life jackets and start heading to the life boats
because there's one SERIOUSLY huge motherfucking iceberg ahead.