Saturday, July 28, 2012

Obama - Borrowing Another $1.2 Trillion

The Obama Administration reported that they will borrow another $1.2 Trillion this fiscal year to fund the federal government.  This marks the fourth year of the Obama Presidency with deficits above $1 Trillion.  Bush II never had an annual budget deficit of more than $400 Billion in his 8 years in office.   Further, if Obama's Socialist Schemes are allowed to continue, Obama tells us that the US National Debt will grow to $25.4 Trillion in the next ten years and that is with significant tax increases.  If Obama's tax increases are enacted and spending continues along the current trajectory, the National Debt will be even higher because tax increases retard economic growth.  Of course, the markets will never allow this to happen.  Instead, we will see the economic collapse of the United States if we even approach Obama's debt levels, the same as is happening in Greece and other countries.

Obama is borrowing $4 Billion a day to fund his Socialist Schemes.   We will hit our $16.2 Trillion National Debt ceiling by year end and Obama will ask for even more.  This level of spending is reckless and  irresponsible because it will ultimately cause the bankruptcy of the United States, Obama's clear goal.   This Blogger has come to the conclusion that Socialist Obama intends to cause the economic collapse of the United States as part of his plan to "transform" the United States into a Socialist nation. 

Obama wants to redistribute income and assets from the Makers in our country to the Takers; his PEEP's, those on the dole, those that pay no income taxes at all, public employee union government workers, illegal aliens, radical environmentalists, trial lawyers and Obama's Crony Capitalist supporters.   The only way to accomplish this goal is to cause the complete breakdown of our economic system when Obama will take emergency powers to confiscate wealth, one way or another.  

Obama did exactly that when he stole General Motors, as part of his bail out scheme, from its true owners, the bond holders and gave it to his union crony supporters in the auto union in violation of long standing law.  Obama regularly ignores laws on the books, the Courts and the Constitution by Executive Order and Administrative fiat.  Why would anyone with a brain believe that Obama would abide by the law if we were facing the economic collapse of the United States.   We need to fear this President and his minions because Obama is a clear and present danger to our freedom and our nation.  

Obamanistas have proposed taking control of the Internet in the event of an "emergency" and that will happen to control free speech.  Always remember that Socialists, Communists and Fascists will lie, cheat or steal and sometimes even murder to stay in office feeding at the trough.  History is our teacher and all of these things have happened in the past.  Based on Obama's actions to date, there is no reason to believe that Obama would abide by the Constitution in the event of a national economic emergency.   Instead, Obama would use the occasion to take on dictatorial powers in the name of the American people.  

We can't let any of this happen, which is the reason we must sweep Socialists, at all levels of government, including Obama, out of office in 2012 and 2014.   We must elect Conservatives that support free market capitalism, limited government, a balanced budget, Congressional Term Limits, a strong national defense, including securing our border and fighting Terrorism, the right to bear arms, the sanctity of life and family values that are the foundation of our nation.  This is the platform supported by the American people and opposed by all Socialists. 

We must take back our nation by elected Mitt Romney the next President of the United States and gaining Republican control of both Houses of Congress.  It is the only way to get our nation back on track to restore economic growth and job creation again in America.   We can do it.  We must do it to prevent the bankruptcy of the United States and preserve our freedom and way of life for the sake of our children and grandchildren.   Obama is destroying our country.   We must make Obama a one term President to prevent economic chaos and a loss of our freedom.   We have to put on our hip boots and drain the swamp in Washington DC and many state capitols.  It is dirty, stinky work; but our nation depends on our focus, passion and discipline.        

P.S.  To support Mitt Romney's campaign to make Obama a one term President, just go on and click on Donate.  Once on that page, look for the box that says, I know my Referrers number, click on that box and type in 8544, the National Freedom Forum Referral number to make our voices heard.  Give as much as you can to take back our country. 

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