Thursday, August 25, 2011

Obama Defines Himself As "Unpatriotic"

Barack Obama, while campaigning in 2008, offered a harsh condemnation of President George W. Bush’s fiscal policy:

“The problem is, that the way Bush has done it over the last eight years is to take out a credit card from the Bank of China in the name of our children, driving up the national debt from 5 trillion for the first 42 presidents — number 43 added $4 trillion by his lonesome, so that we now have $9 trillion of debt that we are going to have to pay back — $30,000 for every man, woman and child. That’s irresponsible. It’s unpatriotic.”

Now, in just 3 years, Mr. Obama (#44) has racked up a larger debt than George W. Bush did in 8 years.

According to his own definition, Barack Obama is no patriot!

Most of you had already figured that out, but this should erase any lingering doubts!

Comments are invited!
Send feedback to: WatchDog


Fred E said...

That is a gotcha!

Anonymous said...

Obama said ..."number 43 added $4 trillion by his lonesome"... What number 44 added was NOT by his lonesome, he inhereted part of the bailout, was against the Bush tax cuts. The economy was the worst since the Great Depression when he took office. At least he's not looking for weapons of mass destruction!!

Econ Prof said...

Sorry Anonymous but that does not fly!

The budget from 2006 on, was a Democrat passed budget Demos controlled both houses of Congress. Granted, Bush should have vetoed them but he did not!

The financial collapse was caused by Democrats and records show that Bush warned Congress of the problem on several occasions. The Democrats denied that there was a problem and refused to act.

Tarp, also passed by Democrats was backed by Bush and supported by Obama. In fact Bush, as requested by Obama, saved 50% Tarp to be spent by Obama. Many if not most economists believe that Tarp was necessary.

The so called Bush tax cuts are in reality code for a tax increase. Any fool knows that you don’t raise taxes in a poor economy.

Obama has radically increased social spending and that has nothing to do with Bush. The so called Stimulus packages were aimed at political payback and vote buying and had little to do with any real stimulus.

It is hard to believe that anyone could do much to worsen the economy; unless of course, that is the intent!

Obamacare alone will bankrupt this nation.

Cal said...

Obama is public enemy #1!

Sally said...

Obama is NO patriot, but even worse, did is anti-American!

Can real Americans be stupid enough to reelect this fool?