Obama Brazenly Proclaims Washington Can't Keep Spending Our Tax Dollars "Like Monopoly Money"

obama pinnochio

We’ve all known and had to deal with at least one serial liar in our lives but Barack Hussein Obama truly owns the label. One has to wonder how this guy can actually possess the unmitigated nerve to go in front of television cameras and spew this kind of absolute bullshit when it has become obvious Americans are onto him and want no part of his plans for the systematic dismantling of our country as we know it.

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Congress has been owned and operated by Democrats since January 2007 which, of course, would have included the last two years of George W. Bush’s second term as president. Since Obama was installed as president Congress and the White House have been firmly and destructively in the hands of a small cadre of America hating liberals who have charged headlong into a spending spree that very well may result in the bankrupting of this great country.

IF we allow that to happen…

heritage.org–The Office of Management and Budget has released its annual mid-session review that updates the budget projections from this past May. They show that this year, Washington will spend $30,958 per household, tax $17,576 per household, and borrow $13,392 per household. The federal government will increase spending 22 percent this year to a peacetime-record 26 percent of the gross domestic product (GDP). This spending is not just temporary: President Obama would permanently keep annual spending between $5,000 and $8,000 per household higher than it had been under President George W. Bush.

Driven by this spending, America will run its first ever trillion-dollar budget deficit this year. Even worse, the President’s budget would borrow an additional $9 trillion over the next decade, more than doubling the national debt. By 2019, America will be spending nearly $800 billion on net interest to service this large debt. (SNIP) The President’s budget figures exclude his health care plan, which could add another trillion dollars in taxes and spending…..

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One Response to Obama Brazenly Proclaims Washington Can't Keep Spending Our Tax Dollars "Like Monopoly Money"

  1. Stephen says:

    I’m diggin the nose!

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