In response to:

The Looming Obama Depression

/ Wrote: Sep 06, 2010 10:38 PM
I didn't edit one single word or number. Every number can be found in the FY2010 budget. \ You can continue to stick your head in the stand and believe that Obama and the Democrats have been acting in a fiscally conservative manner. Such is simply not the case. You also seem to forget the $862 billion stimulus, the $410 billion omnibus, and various extensions in unemployment insurance and bailouts passed in 2009. None of which was paid for or mandated by previous budgets. Further, as we have seen this year, the Democrats have passed a health care bill, bailouts, "jobs" bills, and UI extensions. The majority of which are not paid for in any manner.

The longer President Obama refuses to acknowledge the direction of our nation's economy the greater the impact will be when the looming depression that awaits is named in his honor. For a leader who has had the advantages of an Ivy League education, he seems to be an excessively poor student of history. But in 120 days no one will be able to dispute that the economic mess the United States finds herself in belongs to anyone except President Barack Hussein Obama.

The basis of this reality is rooted in two truths that became quite pronounced this week. The...