Wednesday, May 20, 2009

Saddling Debt On Our Children

During the Bush administration when Republicans forgot who they were & spent like a drunken sailor - I mean a drunken Pelosi. They were roundly criticized over & over by Democrats for saddling the next generation with the debt.

Well, hello, Obama! A $2 trillion budget with promises to add more & more. Now Democrats deny that the national debt will saddle our children & grandchildren with massive debt. Obama & the Democrats have promised so much to so many that by 2012 we will have a debt of at least $10 trillion when interest on the debt is factored in. So how can Obama say that he'll have cut the deficit in half by 2012? He can say it all he wants, but it will never happen. UNLESS Republicans are able to elect a majority in the House and/or the Senate in 2010. It will take a Republican majority to stop Obama's reckless spending. Obama's spending in the first 100 days in office has been more than every president from George Washington to George W. Bush put together. Quite impressive.

He projects that universal health care will cost $700 billion. Let me remind you that when LBJ & the Democrats passed Medicare in 1965 the cost was estimated to be $500 MILLION total. And now we know Medicare will go bankrupt in 2016-2017. Universal health care will end up costing trillions that we don't have.

China has been loaning the US money for years and now even they are pulling back. The Federal Reserve could just keep printing money, but that will send inflation sky high as we've seen in the past; most recently when Jimmy Carter was president.

Republicans in elected office are the only ones who can stop this irresponsible growth of government spending. It has never made a country more prosperous, just poorer.

RUSH RESIGNS!

Today on his radio show, Rush Limbaugh announced that he was resigning...as the titular head of the Republican party! "It was an office I did not seek, I did not desire and it was thrust upon me by the mainstream media." He handed over the reins to Colin Powell who of late has been giving his unasked advice to the party and anyone else who will listen. He says the party needs to move more to the center, but what he means is that it needs to move more to the left.

I will miss Rush as titular head of the party, but I'm sure Colin Powell will do a much better job in telling us what we need to do.

(This was a hilarious bit and it has already been reported on MSNBC or as Rush calls it PMSNBC.)