Friday, June 11, 2010

Is Obama bankrupting the land of the free!

WAYNE ALLYN ROOT: Obama's agenda: Overwhelm the system! Las Vegas Review-Journal

Obama is no fool. He is not incompetent. To the contrary, he is brilliant. He knows exactly what he's doing. He is purposely overwhelming the U.S. economy to create systemic failure, economic crisis and social chaos -- thereby destroying capitalism and our country from within. http://www.lvrj.com/opinion/obama-s-agenda--overwhelm-the-system-95716764.html

MORTIMER ZUCKERMAN: The Bankrupting of America!

The political backlash has energized the tea party activists, put incumbents at risk in both parties, and already elected fiscal conservatives such as Republican Gov. Chris Christie of New Jersey. Over the next fiscal year, the states are looking at deficits approaching hundreds of billions of dollars. The Center on Budget and Policy Priorities, a liberal think tank, estimates that this coming year alone states will face an aggregate shortfall of $180 billion. In some states the budget gap is more than 30%.
http://online.wsj.com/article/SB20001424052748703315404575250610059801620.html

Instead of budgeting, Congress is....

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