Wednesday, July 13, 2011

The Buck Reigns Here - President Obama

The President truly showed his colors yesterday when he threw Social Security under the bus to get his 4 Trillion dollar debt level raised. And to make the Republicans look like they are the problem.

Unfortunately it didn't work, as we can clearly see this is dirty politics at it's best. It truly shows his makeup inside, anything to get his win. He is utterly convinced he needs this 4 Trillion dollars to keep the country going.

It is also the worst kind of economics. When we max our credit cards we don't get a letter from our credit company saying because your credit card is maxed we are going to raise your limits to make things better for you. It sounds elementary but if you raise a persons limit they will only spend more and crash their credit.
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It's a humble illustration but true, ten times in the last ten years congress has increased the limit when we came to this crisis.  4 Trillion more on the national debt will absolutely bury or children and grandchildren.

There are those that say, just raise the limit. what does it matter? It matters to me one who is fighting daily to save this country for their future. The President needs this to keep running his overspending government until after the elections, pure and simple.

Truman had a plaque on his desk "The Buck Stops Here." The plaque on Obama's desk should read the "Buck Reigns Here."

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