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Obama: Anti-Founders Debt-Accumulating Spendthrift (Part 1 of 2)

patriotlady64 Wrote: Jul 10, 2012 1:25 AM
Fantastic article, Chuck!! Thanks for staying with us in the fight to dethrone Obama from the White House.
In 2007, when I began writing my New York Times best-seller "Black Belt Patriotism," unemployment was less than 5 percent; the annual federal budget was about $2.9 trillion; the federal deficit was $161 billion; and the national debt was $9 trillion.

Today unemployment is stuck at 8.2 percent; the federal budget is $3.8 trillion; the national deficit is $1.3 trillion; and the national debt quickly is approaching a staggering $16 trillion.

And to add insult to injury, our vassalage to other countries deepens as they bankroll increasing amounts of U.S. debt, and more than 50 percent of our public debt is held by...