Obama: My gigantic deficit will create a solid economic foundation or something
posted at 9:56 pm on March 24, 2009 by Allahpundit
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I know I’m being cynical, but darn it, I can’t help it: I’m skeptical.
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10:29 you misunderstood and jumped the gun. Obama can’t blame Bush (or Reagan or anyone) for Obama’s own inadequacies.
Since you asked, I am certain that Bush balanced a center mark in history. But I won’t sugar coat what was progressively socialist in Bush’s legacy. He was an interesting synthesis of many political elements, some of which I strongly supported. However, in the tradition of Chief Executives who push the envelope beyond the Constitutional limitations on the office, Bush left a horrible bail-out syndrome encumbered with promoting the powers of the Treasury Secretary beyond anyone, leaving the one holding the position untouchable. THAT may be the worst thing evah that Bush did. I am also no fan of NAFTA or Bush’s open borders policy, or his hard nosed vindictive purism towards our troops and border patrol under fire, either. But NAFTA is merely one of many treaties that come and go with presidential preference. Whereas the Treasury Secretary now has legislated powers that corrupt Constitutional balanced government, powers that have yet to be revealed but are showing a very bad omen.
maverick muse on March 24, 2009 at 10:46 PM
He must be good then.
nolapol on March 24, 2009 at 10:47 PM
Me too. I’m going to go wild with our credit cards and “invest” in stuff, like J. Crew outfits, Wagyu steak, and personal trainers, turn up my thermostat like they do in the Oval office, book First class flights to nowhere, inflate my tires, take vacations in Hawaii, and just sit back and watch the money come rolling in. Woo Hoo! It’s gonna be like hitting the megabucks jackpot.
Buy Danish on March 24, 2009 at 10:47 PM
I’ll give you an example. A few weeks ago here in Chicago, Mrs. Obama was here speaking to a community group of some sort. During the speech one she made a concerted effort to say that living conditions have to change for anyone living in low income housing. She would like to see all of those residents living in nice condos or homes and she rattled off different nice neighborhoods in Chicago. The next day, I heard an ad on the radio for volunteers to take in low-income residents into their home to give a kid a chance. I was joking with my friends that the next thing coming is mandatory roomates. Those with a nice house are going to be forced to open up their homes to low-income residents. It may not have been such a joke.
sherry on March 24, 2009 at 10:47 PM
How much is Obama’s budget? How much is the deficit going to be? Who was in charge of congress for the last two years?
Johan Klaus on March 24, 2009 at 10:48 PM
I’m stimulating the economy down at my local watering hole.
Asher on March 24, 2009 at 10:49 PM
Instead of putting out the fire, Obama wants us to water his garden (of healthcare, energy and education programs) while our economic house burns down. He wants us to think that watering his garden in the yard will put out the fire in our house. Get real, Barry. Stop insulting our intelligence.
petefrt on March 24, 2009 at 10:49 PM
mjk on March 24, 2009 at 10:34 PM
It’s that Ivy League sophistry at work.
maverick muse on March 24, 2009 at 10:51 PM
For those who haven’t seen it on Instapundit: The Bush vs Obama deficit in graphical form.
Hollowpoint on March 24, 2009 at 10:54 PM
It’s absolutely perverse to get your head around the concept that the President actively wants to hurt America, but that’s what we’re looking at. Hell, right now, I’d take sex addict Bubba. Gladly.
My grandfather told me never to wish my life away, but come on 2012!
Nat Hound on March 24, 2009 at 10:54 PM
Me, too. That’s how bad this is.
Heh. I only hope the US can hold on that long.
progressoverpeace on March 24, 2009 at 10:57 PM
I’d give $1,000,000 Obama Dollars to know what Gibbs was in Axelrod’s ear about when the FNC camera caught them chatting toward the end of the hour.
Also, Rahm is one creepy SOB. Not scary, not intimidating, just creepy.
Nat Hound on March 24, 2009 at 11:01 PM
How anybody doubts this guy is beyond reasonable logic. sarc/
Somebody please tell this tart that he won the election and he can now govern or at the very least quit the damn campaigning already.
Seriouly folks, we are a doomed nation.
larvcom on March 24, 2009 at 11:03 PM
Realign government to conform to the Constitution.
Today the Feds in the Treasury were asked to stipulate a Constitutional backing for what they are doing. Unable to comply, the excuse of course was that they are empowered by Congressional legislation.
The Congress has no right to amend the Constitution without a formal amendment to the Constitution.
We citizens have been holding our breath waiting for the Judicial Branch to actually condemn unconstitutional legislation that is enabling Socialism to permeate and overwhelm our Constitutional government, to literally bankrupt our nation while denying the constitutionally protected voice of the people calling their elected representatives, and through fraudulent election results overwhelmed by illegal residents fraudulently documented to vote.
Now we are told daily by The One to STFU and pay the Obama taxman or be determined as a problem to be dealt with by Socialist thugs. Obama’s Egyptian Sale just keeps on going as there is no limit to available fools ready to sucker. Now Obama confesses he’s going to tax just like Clinton did; families of four with an income of $24K pay $8K taxes. Great break: break your back, your bank account, your budget.
maverick muse on March 24, 2009 at 11:09 PM
Maxx on March 24, 2009 at 11:09 PM
Tonight Hussein traded in the teleprompter in view, for a “gigantic” TVprompter!
http://www.breitbart.tv/html/304123.html
Who is the author of this disaster for America!
christene on March 24, 2009 at 11:10 PM
Hey, good answers! Methane and the blood of the rich, LOL!
PattyJ on March 24, 2009 at 11:11 PM
I saw his fiendish face, lips held by finger as his eyes sneered at us. Disgusting.
maverick muse on March 24, 2009 at 11:13 PM
Comrade, in the coming post capitalistic paradise most generously being created by our Dear Leader and Teacher, President Obama, one can not allow one’s mind to be shackled by such archaic, bourgeois notions.
Renounce your revanchist fetishes such as limited government, private property, and personal wealth.
For only then can you truly know what it is to be free.
Otherwise your stay in the one of the reeducation centers may be… turbulent, as well as lengthy…
elgeneralisimo on March 24, 2009 at 11:13 PM
Only if good people do nothing,…or in the words of Billy Graham:
“I’ve read the last page of the Bible. It’s all going to turn out all right.”
christene on March 24, 2009 at 11:14 PM
Hey, looking at the Obama-with-pursed-lips pictures on the front page, I think I’ve figured something out. I’m pretty sure he purses his lips like that to keep from giggling like he did in that interview with Kroft the other day.
aero on March 24, 2009 at 11:15 PM
Everyone please read Amity Shlaes’ The Forgotten Man. He’s parroting FDR almost to a tee.
29Victor on March 24, 2009 at 11:16 PM
Anyone else notice this clown in the WH never talks about terrorism or the two wars we are fighting?
lavell12 on March 24, 2009 at 11:19 PM
Yeah, except that the blood of the rich will be a nonrenewable resource in Obama’s America, so I don’t know if it counts as “green energy.”
aero on March 24, 2009 at 11:19 PM
A massive front needs mounting to face down the Supreme Court on the constitutionality of federal treasury legislation that has preempted the Constitution without formal amendment.
That same conservative front had better nail down elected official votes to deny Obama the legislation to “legitimize” his bastardization of our Constitutional government.
Educating the CONTENT of American rights as legacy from our founders is our responsibility to voice aloud. If we don’t stand up for the Constitution, why should our government officials?
maverick muse on March 24, 2009 at 11:19 PM
FDR managed to stretch the Depression out for ten more years, maybe more.
Read the Fireside Chats, they’re hauntingly familiar.
29Victor on March 24, 2009 at 11:20 PM
Because Democratic debt is way GOODER!!!!
ddrintn on March 24, 2009 at 11:20 PM
Oh, didn’t you hear? Obama discovered to his complete surprise upon taking office that Iraq is pretty much taken care of and not something to get all freaked out about anymore.
As for terrorism . . . health care, education, and green energy!!!!
aero on March 24, 2009 at 11:22 PM
lavell12
Overseas contingency operation, Obama’s Pentagon revision having dumped the war on terror.
Contingency catch-all for whatever always depends on whatever, contingency specifies nothing except plan B or plan C while implying failure with plan A.
maverick muse on March 24, 2009 at 11:24 PM
Well, there is no “terrorism” anymore. I think the Ministry of Truth has found some other more fitting term, can’t think of it right now.
ddrintn on March 24, 2009 at 11:25 PM
I still have a teeny tiny bit of faith that the American people are not so naive and gullible anymore. I think/hope that it won’t take too many more trillions of dollars for them to freak out big time and demand some semblance of sanity in DC.
And if not, then we can hope that Obama will preempt American Idol one too many times and get himself physically thrown out of office by a hysterical mob of 30 million yoot voters.
aero on March 24, 2009 at 11:26 PM
That’s a hell of a suit, dayummm…
TinMan13 on March 24, 2009 at 11:26 PM
I forgot that global warming is the real threat not terrorism, my bad !!!
lavell12 on March 24, 2009 at 11:29 PM
So,, is he telling the truth now when he says they see good signs of improvement,,, or was he telling the truth a few weeks ago when he said it would get better before it gets worse and it would be years before things got better??
Why does it seems like he’s been president longer than 2 months.
JellyToast on March 24, 2009 at 11:30 PM
Has Obama changed his slogan yet from “Yes We Can” to “Look over there”
Rbastid on March 24, 2009 at 11:30 PM
Dont’ forget BOWLING!!!
nolapol on March 24, 2009 at 11:33 PM
Don’t forget corporate bonuses and Rush Limbaugh. Both waaaaay more dangerous than terrorism according to the Obama administration’s Minister of Fear Mongering and Hatred Fomenting.
aero on March 24, 2009 at 11:33 PM
LOL!
aero on March 24, 2009 at 11:34 PM
mrsmwp on March 24, 2009 at 11:48 PM
Don’t forget, there is no longer such a thing as terrorism…it’s called……man-caused disasters
RealDemocrat on March 24, 2009 at 11:48 PM
Not sure what happened there…
If you haven’t already, you should read Ayn Rand’s “We The Living”. It is an early, semi-autobiographical, book about the early days of Communism in Russia. Even though it is fiction it is based on what happened when the Commies got control. Chilling.
mrsmwp on March 24, 2009 at 11:49 PM
I haven’t read it but thanks for the tip. I think we are all getting accustomed to chilling, sad but true.
sherry on March 24, 2009 at 11:56 PM
Words. Just words.
He can’t even staff Treasury. Lost another one today:
The leading candidate to run the Treasury Department’s $700 billion bailout program has withdrawn his name from consideration, according to people familiar with the matter.
Frank Brosens, a hedge-fund manager and big Democratic donor, was considered the top contender to run the Treasury’s Troubled Asset Relief Program. Treasury Secretary Timothy Geithner is now considering several other candidates, including Herb Allison, who currently heads mortgage titan Fannie Mae.
The withdrawal comes as Mr. Geithner moves to fill out other parts of his team at the Treasury. He has been operating with a small crew of advisers since taking office in January. The lack of manpower at the Treasury comes at a precarious time, given the focus on fixing the financial crisis.
(via wsj)
TN Mom on March 25, 2009 at 12:11 AM
The first affirmative action president is going to have a first year deficit equal to the ENTIRE budget of the first year of Bush.
Yet I hear only crickets or calls for spending more from the mighty watch dog media….looking for a bailout too… Go figure?
jukin on March 25, 2009 at 12:12 AM
Because of the countless posts which will doubtlessly follow whining about the national debt it needs to be pointed out that you guys have absolutely no credibility on that issue. None. My god do you not have credibility.
crr6 on March 24, 2009 at 10:10 PM
It took the reps 8 years to lose credibility. It took the dems 8 weeks. The difference is staggering.
unseen on March 25, 2009 at 12:20 AM
That is exactly what happened in Russia. Large houses were turned into apartments. And if the owners complained they were killed. I can’t believe this is happening here.
An economic down turn and Obama uses it to destroy our society for generations.
petunia on March 25, 2009 at 12:20 AM
Your welcome. And the best part is that it isn’t a gazillion pages like Atlas Shrugged or the Fountainhead. Pretty thin actually.
mrsmwp on March 25, 2009 at 12:21 AM
time to buy some more guns and ammo. i think we are really going to need it soon.
unseen on March 25, 2009 at 12:25 AM
If you think Obama is doing what has been done in the past you are wrong.
No human on this planet has ever spent as much money as this man has. And he is not done yet. There isn’t enough money in the world to do what Obama wants to do it is insane.
It is so insane that the entire world is shocked at what is happening here. Have you seen the world reaction? Even France is calling us socialists!!! And warning us about raising taxes too high!!! France is more capitalist than we are! Don’t be an idiot!
This is not a normal deficit. These numbers are beyond enormous!
It is stunning that we are allowing this mad man to do this tto us!
petunia on March 25, 2009 at 12:25 AM
Of course history repeats itself, because no one was listening the first time…
Can’t remember who said it… but appropriate.
Romeo13 on March 25, 2009 at 12:26 AM
Santayana. Then Chirac mocked it during his press conference with Bush at Normandy.
progressoverpeace on March 25, 2009 at 12:30 AM
Doubt it will be da Yoots(c’ept for my yoots…raised ‘em right). But, the ship is beginning to turn. It may take a while for the bow to shift, but once it does, it can be very, very difficult to reverse course, and I have faith in the American people.
Keep in mind if he does get “thrown out of office,” the Gaffster will be POTUS. And even more cheery news, if he (Biden) suffers the inevitable aneurysm, Sanfran Nan gets to be POTUS.
I pray for Obama every day, just because the alternative is so very much worse.
Having said that, I am pretty jazzed that the American people are waking up. And when THAT sleeping giant wakes up, watch out! If we are united, we can stop his barbaric agenda, and the next 3.75 years will be his time to basically “fill the office.” But folks, we’ve GOT TO GET MOBILIZED!!! ATTEND YOUR LOCAL TEA PARTIES OR ORGANIZE ONE. Get active!
I have been quite absent from this and other posts b-cuz I’m trying to mobilize in my neighborhood, and think that is time well spent. I’m-a-praying!
Chewy the Lab on March 25, 2009 at 12:31 AM
Better no idiots at the helm than a bunch of them fighting over the tiller. (Gallows humor).
Chewy the Lab on March 25, 2009 at 12:35 AM
What a disaster.
CP on March 25, 2009 at 12:51 AM
How are those deficits doing this year? This chart tells it all.
http://www.mnsd56.com/images/federaldebt.jpg
Dasher on March 25, 2009 at 1:31 AM
Just finished The Forgotten Man. She wrote it well before BO ran so the parallels are unintended but almost identical. I hope some patriot takes Obama’s programs to court before they do too much damage. I’m sure that’s why he is blasting his program in so fast, before it gives people a chance to debate it or even read it.
PattyJ on March 25, 2009 at 1:34 AM
when i saw it i had OJ…. i have to get myself a new laptop then i will get to your monitor….
wait….shouldnt we both just bill Barry for them….i mean if Henrietta can get a house…surely we can get computers…
alexraye on March 25, 2009 at 2:00 AM
Its so cute that you people think President Obama is responsible for the “gigantic deficit.” :D
benny shakar on March 25, 2009 at 3:13 AM
MEGA-TOTUS
RobertInLexington on March 25, 2009 at 3:14 AM
Did I hear this right? President Obama pledges to end the Austrian business cycle?
Southpaw on March 25, 2009 at 4:53 AM
He wasn’t punch drunk last night…should we be worried now?
Dr. ZhivBlago on March 25, 2009 at 6:18 AM
Not punch drunk, just dimwitted.
tarpon on March 25, 2009 at 6:47 AM
great headline!
james23 on March 25, 2009 at 7:06 AM
“Overseas contingency operation” (IIRC), which is bureaucratic bull$hit for “we don’t want to use the words ‘war’ or ‘terror’ because then people might expect us to have an actual plan or something”
AZCoyote on March 25, 2009 at 7:10 AM
Scary thing is, this was supposeed to be a press conference. But I guess when you only know how to campaign, and give a speech, you fall back on what you know. Besides, questions can be such a distraction.
RickZ on March 25, 2009 at 7:15 AM
I just luuuuv the way he has to preface every single thing with how this mess didn’t happen overnight, he inherited all this bad stuff… As if he’s the only president in history that got the job with some issues that were ongoing. Did he expect Bush to clean up everything? All I ever hear is whining.
4shoes on March 25, 2009 at 7:42 AM
I thought Exxon Mobil was going to pay for everything.
Now its health care savings that will keep us going?
Sure it will.
tomg51 on March 25, 2009 at 7:46 AM
Rent out the TOTUS!
Buy five lines for 5 million dollars!
“Nuclear is the only investment that is sustainable” 1MM$
“Defense of this great country is my primary job” 3 MM$
“Helen, you’re snoring too loudly” Priceless
tomg51 on March 25, 2009 at 7:53 AM
Someone earlier mentioned they’d take back Bubba at this point. You don’t know how many times since November I’ve said, “I’d gladly take Bill Clinton in the White House if we could have a Newt Gingrich Congress.”
tnmama on March 25, 2009 at 8:04 AM
He won’t be able to use that thing in California, they’ve been banned.
MarkTheGreat on March 25, 2009 at 8:32 AM
I’m done questioning his patriotism; I question the president’s grasp of arithmetic. I swear he said that he was going to take the half the deficit by increasing it from $1.3T to $9T. But don’t worry. This is just the first budget; there will be many others down the line, or something.
bitsy on March 25, 2009 at 8:46 AM
Cuter still that the President Obama promises to cut it in half with all his increased spending proposals, huh?
Smug condescension is grating, but smug condescension + ignorance? Now, that almost is “cute”
BlueCollarAstronaut on March 25, 2009 at 9:30 AM
Smug condescension + arrogance? Nauseating.
scalleywag on March 25, 2009 at 9:35 AM
I didn’t make it through the whole thing. I noticed he mentioned the problems he “inherited” at least a couple of times.” This, of course, coming from the guy who doesn’t like distractions from the issues or divisiveness among the parties. Sometimes I have this vision of Pelosi whispering in his ear before he takes the podium “now don’t forget to mention Bush’s failed policies.”
scalleywag on March 25, 2009 at 9:39 AM
I love how even the HOT WORDS education and health care are becoming cold as ice. People are seeing that this tax the big guy and big government does nothing but piss off the people that actually create the growth that this country has had for 98% of its history.
Tremmy on March 25, 2009 at 9:41 AM
How can he say this stuff with a straight face?
Oh yeah, prompter told him to.
jimbodeano67 on March 25, 2009 at 10:23 AM
Fish,Bread? what a piker. Start multiplying the national debt and get back to me about Miracles. — Obama to Jesus.
Yeah, well at least I could assemble a cabinet. — Jesus to Obama
gekkobear on March 25, 2009 at 12:54 PM
If Obama really wants to do good things for America, he should use his bully pulpit to attack the urban black culture.
welfare addiction is just another form of addiction like crack, except welfare pays. Until the welfare class breaks loose from the government sugar tit, how can they possibly appreciate the value of hard earned money and what it means?
Throwing money at the education system in welfare neighborhoods is a total waste of money. The culture must change if there is to be any hope of getting the welfare class children to take to education.
It all boils down to responsibility, and welfare underminds responsibility like nothing else. It is cruel and shoud be abolished for the able bodied folks that should get a job and go to work like the rest of the country.
Either that, or the democrats should admit that they enjoy having useless dependents to roll out of the refrigerator every two years to keep them in power.
saiga on March 25, 2009 at 1:12 PM
Yea, me too, AP. It was all handwaving. He honestly sounded like he didn’t have a clue.
PersonalLiberty on March 25, 2009 at 5:10 PM
Since the Dear Reader is now using a massive monitor located in the back of the room (presumably avoid the now familiar ping pong side to side reading) it would be nice to get a 2 shot of the rolling script and a view of the prez reading.
I knew he was reading but I couldn’t locate the monitor.
Someone needs to do a an Obama-esque version of the movie…The Reader
moxie_neanderthal on March 25, 2009 at 7:07 PM
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