Tuesday, October 19, 2010

Obama: $3 TRILLION

Say what you will about Obama, his presidency is historic.

From CNSNews:

It's official: The Obama administration has now borrowed $3 trillion, according to the U.S. Treasury Department.

It took from 1776, when the United States became an independent country, until 1990, the year after the Berlin Wall fell signaling victory in the Cold War, for the federal government to accumulate a total of $3 trillion in debt, according to the Treasury Department. It only took from Jan. 20, 2009, the day President Barack Obama was inaugurated, until Oct. 15, 2010, for the Obama administration to add $3 trillion to the federal debt.

The overall debt of the federal government, according to the Treasury Department, is now $13.666 trillion.

Each business day, in the afternoon, the Treasury Department’s Bureau of the Public Debt publishes the exact amount—to the penny--of total federal debt as of the close of the previous business day.

At the close of business on Jan. 20, 2009, according to the bureau, the total debt of the federal government was $10,626,877,048,913.08. On Oct. 15, 2010, the federal government borrowed an additional $58,979,549,154.06, bringing the total federal debt at the close of Friday’s business day to $13,665,926,643,255.96—an increase of $3,039,049,594,342.88 since President Obama’s inauguration.

Absolutely amazing.

This is your federal government completely out of control.

This is what we get with the Democrats in complete control of the House, the Senate, and the presidency.

$3 trillion - What an accomplishment!

What is Obama thinking?

Talk about a car in a ditch!

Obama and the Dems are responsible for digging us far deeper in debt in only two years than has ever been done in our history.

Obama didn't promise to deliver $3 trillion in debt. He promised to solve all our problems.

From one year ago, in Detroit:

Ken Rogulski, WJR News, interviewed some people waiting on line at the Cobo Center in Detroit to apply for stimulus money.



Transcript
KEN ROGULSKI: Why are you here?

WOMAN: To get some money.

ROGULSKI: What kind of money?

WOMAN: Obama money.

ROGULSKI: Where's it coming from?

WOMAN: Obama.

ROGULSKI: And where did Obama get it?

WOMAN: I don't know. His stash. I don't know. I don't know where he got it from but he's giving it to us, to help us. We love him. That's why we voted for him. Obama! Obama!


Here's how another woman responded to Rogulski's questions:
ROGULSKI: Did you get an application to fill out yet?

WOMAN: I sure did. And I filled it out, and I am waiting to see what the results are going to be.

ROGULSKI: Will you know today how much money you're getting?

WOMAN: No, I won't, but I'm waiting for a phone call.

ROGULSKI: Where's the money coming from?

WOMAN: I believe it's coming from the City of Detroit or the state.

ROGULSKI: Where did they get it from?

WOMAN: Some funds that was given by Obama.

ROGULSKI: And where did Obama get the funds?

WOMAN: Obama getting the funds from... Ummm, I have no idea, to tell you the truth. He's the president.

I don't know who's more delusion, these women waiting for their share of Obama's stash or Obama.

What's really scary is $3 TRILLION isn't the end. Obama's debt will keep climbing. Frightening.

Obama will have an impact on the lives of generations of Americans, and not in a good way.

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