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:: Home » Click Here to Discuss & Comment On Our Articles & Posts! » Can We Spend Ourselves Rich?
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Anonymous
Posts : 10357
Location : N/A
Posted : 2/3/2010 1:23:23 PM  

 

Can We Spend Ourselves Rich?  
WRITTEN BY RENEE ELLMERS   
WEDNESDAY, 03 FEBRUARY 2010 12:19

President Obama is gambling with our economic future. With federal debt exploding, President Obama is increasing spending over 8 percent next year in his new budget - increasing spending 310 billions dollars - by doubling down on his failed stimulus. And he's sending the bill to children yet to be born by increasing the National debt. 

Last year, Barack Obama and the Nancy Pelosi Congress and Congressman Bob Etheridge increased spending 37 percent in 2009 and 2010. They believe we can spend ourselves rich. That's a dangerous game. Because history shows that more spending, more taxing and more borrowing are a road to ruin. 

It's as if Washington is deliberately wrecking our economy so more people will become more dependent on government and politicians. Why else would Obama reduce the mortgage interest deduction in the middle of a real estate crash?  Nancy Pelosi and the liberals in Congress are maxing out the credit card so there will be no alternative to a massive tax increase on every American -- and Bob Etheridge is voting with them 97% of the time.

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Foster Sampson Wilder

Posts : 242
Location : N/A
Posted : 2/3/2010 1:46:25 PM  

Republicans would do themselves a great favor if they acknowledged their mistakes.  For example if you started this article with a tag line like:  Can we afford to have Obama expand GWB economic policies?  It would hold a lot more weight and your numbers would soar. 

2nd: instead of following the extremist off the edge like GWB did and Obama is currently doing.  Start a contract again pledging to take the tax rates back to the Clinton days until we start paying off the debt.  Simple non arrogant messages resonate with the public. 

 

Anonymous
Posts : 10357
Location : N/A
Posted : 2/3/2010 9:28:20 PM  

Forget goverment going  bankrupt. This month millions of Americians are going to discover that they are Bankrupt.

The CreditCard Act of 2010 goes into effect.

Good Credit rating 24.5%  Near your limit, better check you might be over , and wait till you see that fee.

I know this because I called Visa to screme about the fee for having no balance.

They were most helpful by telling me "You got a notice in Sept"

I'm yelling you sent me a notice in 09 for a Bill that wasn't passed till 2010

She said "please read the Credit card Bill of 2010 if you have any questions

That was the old way this is the new way, everyone got this not just you."

So I said well what did the people, I heard  who were paying 30% get

35 % she said.

So I'm screaming you raise them 5% and you raised  me  a toltal of 12% over a year

  cancell the card there goes the credit rating  the new way

Forget your driving record Whats your credit score, the new auto insurance guide line

I'm still wading thru the  congressional  bill

So yes it seems the goverment is going to bankrupt the little people first, then the goverment  , then anyone not on welfare can support both.

We may not survive until the election,

and as soon as I find out the names of any so called American voting for this I'll probably be getting a vist form     you know who

Dee 05

 

 

 

 

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