Time for some truth telling

May 30, 2009

Recently when speaking to a celebrity studded fundraiser for the Democratic National Committee in Beverly Hills, President Obama proclaimed he “would put these first four months up against any prior administration since FDR.”  Obama has also been heard yucking it up that the economy is turning around.

  Let examine Obama’s record:

  • Home foreclosures have reached an historic high.
  • Employment stands at 8.9 percent and is headed for 10%
  • Businesses are shuttering all over the country
  • The government is borrowing half the money it’s spending.
  • Our currency is being destroyed.
  • Hyper inflation looms on the horizon.
  • There is a $1.76 billion deficit for this year alone.
  • Stimulus funds to jump start the economy have bypassed hard-hit states. 

Despite all this bad news, Obama is still insisting that it’s now or never to reach a health-care deal in what promises to be a stealth nationalization of the health care industry estimated to cost $1.5 trillion over ten years.   Also on Obama’s agenda are economy killing energy policies which would amount to a trillion dollar energy tax on the American people. 

This nation is on a downward trajectory.  It is out of money.  Unless we reign in federal spending trillions of dollars of new debt will be dumped into the laps of our children and grandchildren.

All Americans should fear this remark made by Obama near the end of his May 27th DNC fundraiser in Beverly Hills:  “You ain’t seen nothing yet.” 

  

 

 

 

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