WTF is HE (the Emperor) Thinking?

Understand, the debt and the budget is not a Demican or Republicrat problem, it is an American problem!

This what the Messiah told CNN ".."Full recovery will not happen immediately," Obama said at a news conference in Chicago. "And to make the investments we need, we'll have to scour our federal budget, line by line, and make meaningful cuts and sacrifices as well, something I will be discussing further tomorrow.".

What cuts? He has increased the deficit by 3.5 TRILLION dollars over and above where it was when he took office! He gave the Congress a budget that not even his liberal co-conspirators could not stomach because it alone added 1.5 TRILLION dollars to the deficit in ONE YEAR!

Now he threatens to withhold Social Security checks if he does not get new taxes.  He is a spoiled child that needs to be put in a "time out" after he has his ass spanked.

If any checks are withheld, do it this way and in this order:
1. The President
2. The Congress
3. The Cabinet
4. All Federal agencies except the Armed Forces, Border Patrol and ICE.

All  of his economic team has resigned except one and he has said that he will be leaving.  Christina Roemer, former head of the Idiot's Economic Council, stated " ... "Our baseline specification suggests that an exogenous tax increase of one percent of GDP lowers real GDP by roughly three percent."

In English this means that for every one percent of tax increase productivity drops three percent. A drop in productivity really means fewer jobs, more unemployment, less investment and more layoffs.

Mrs. Roemer went on to say "..I also find "no support for the hypothesis that tax cuts restrain government spending; indeed ... tax cuts may increase spending."  Want to know why?  Because when taxes go down, employment goes up.  More people working means more tax revenue so the the government can spend more. This is not rocket science. Notice that I did not say the government spends it wisely, only that it has the bucks to spend!


Today, his partner in crime, Ben Bernanke, has hinted that he will crank up the presses to print more money.
The stock market went up (it loves cheap money), gold went up, oil went up and other commodities went up.

This means every time you buy gas or go to the grocery store, YOU are going to pay for this increase via higher prices.

Obummer is dangerous beyond belief. 

Remember, this is a man that has never managed a lemonade stand!