Video: Obama unveils surreal, catastrophic new budget

posted at 6:12 pm on February 14, 2011 by Allahpundit

How bad is it? Try to guess who wrote the following:

[Senators] have to lead, because this president is too weak, too cautious, too beholden to politics over policy to lead. In this budget, in his refusal to do anything concrete to tackle the looming entitlement debt, in his failure to address the generational injustice, in his blithe indifference to the increasing danger of default, he has betrayed those of us who took him to be a serious president prepared to put the good of the country before his short term political interests. Like his State of the Union, this budget is good short term politics but such a massive pile of fiscal bullshit it makes it perfectly clear that Obama is kicking this vital issue down the road.

To all those under 30 who worked so hard to get this man elected, know this: he just screwed you over. He thinks you’re fools. Either the US will go into default because of Obama’s cowardice, or you will be paying far far more for far far less because this president has no courage when it counts. He let you down. On the critical issue of America’s fiscal crisis, he represents no hope and no change. Just the same old Washington politics he once promised to end.

That’s Andrew Sullivan, formerly Obama fan numero uno in the blogosphere, now coping for the second time in eight years with crushing disappointment from a president he ardently supported. Ed’s already written a bunch about the budget today so I won’t belabor it, but have a look at Andrew Stiles’s bullet-point list of the lowlights if you missed it. $26.3 trillion in new debt — repeat, new debt — alone over the next decade. Says Jake Tapper, summing things up in a single harrowing line, “At no point in the president’s 10-year projection would the U.S. government spend less than it’s taking in.”

I’m preaching to the choir but let’s make sure we all understand the magnitude of what we’re seeing here: On the seminal issue of his time, the long-term fiscal sustainability of the United States, this guy has completely abdicated. In fact, I’m tempted to say that this, not ObamaCare, will be the cornerstone of his legacy, but that’s really a false choice. They’re two sides of the same coin: He has a policy agenda but we don’t have the money to pay for it, and so one or the other must yield. Guess which one he thinks it should be. Remember too that O once famously said he’d rather be a good one-term president than a mediocre two-termer. Today’s budget exposes that canard for the total fraud that it is. He could have dealt with Social Security and Medicare here but seniors won’t stand for that, and, well, there’s an election coming up and we all know how high turnout is among seniors…

It is, as Yuval Levin says, “an appalling failure of leadership,” one which forces the GOP to lead on entitlements. Think they have the guts to do it? I don’t, and evidently neither does NRO’s Dan Foster. Read his post in full, please, because I keep seeing conservatives high-fiving over last week’s tea-party insurrection in the House over budget cuts and I can’t understand why. It’s a cosmetic win. It means next to nothing. But here’s the difference between Obama and the GOP: Even though there’s an election next year, congressional Republicans would, I think, be willing to tackle entitlements if Obama went all-in with them, simply because they’ve invested so much of their brand in fiscal responsibility to woo tea partiers that they couldn’t risk walking away. They need some bipartisan cover on it, though; they can’t make enemies of seniors all alone right before a presidential contest. The linchpin, then, is Obama. He could provide that bipartisan cover by making an impassioned push to deal with this issue now, together, and would probably impress a lot of independents in the process. But seniors’ reaction would be unpredictable and his base would despise him for trimming the “social safety net” instead of propping it up with more Monopoly money, so he’s walking away to get elected. Devastating. Thanks to Breitbart for the clip.


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Aren’t we glad that the House (hopefully) won’t use this budget?

This is unusable even as a starting point.

Scott H on February 14, 2011 at 6:16 PM

But Michael Medved says anyone who thinks Obama is out to destroy the country is kkkkrazy.

angryed on February 14, 2011 at 6:16 PM

I think I like Andrew Sullivan now…just a little.

jawkneemusic on February 14, 2011 at 6:16 PM

and who is going to beat him on the Republican side? Mitt McCain? Tim Dole?? Newt Bush???

Please…he basically laid it on the line and is begging the Republicans to do something and the second they do, Chris Mathews will be out there scaring the hell out of Seniors over them doing something…

First we need to go Egypt on the Media, then we can do something but as long as the sheep listen to the MSM, we will not get the Presidency….

SDarchitect on February 14, 2011 at 6:18 PM

Who is this good for? Mitt Romney.

pedestrian on February 14, 2011 at 6:18 PM

But they need some bipartisan cover on it; they can’t make enemies of seniors right before a presidential contest. The linchpin, then, is Obama. He could provide that bipartisan cover by making an impassioned push to deal with this issue now, together, and would probably impress a lot of independents in the process. But seniors’ reaction would be unpredictable

I’m so f****g sick and tired of seniors. They’re the ones that got us into this mess. And now that we have to get out of it, we can’t do anything without getting their approval.

angryed on February 14, 2011 at 6:18 PM

It’s like dealing with an alcoholic. They can’t change until they hit bottom. Unfortunately, we’re all along for the plunge.

Oh, well. Does Obama’s picture go on the trillion dollar bill that we’ll need to buy a loaf of bread?

G M on February 14, 2011 at 6:18 PM

But Michael Medved says anyone who thinks Obama is out to destroy the country is kkkkrazy.

angryed on February 14, 2011 at 6:16 PM

I don’t believe he is an evil man looking to destroy us. I think hes just another anti-American, lefty nutter who wants to lessen our influence in the world. He thinks it will make the world love us which is the goal of most liberals. To be loved by good people and tyrants. What better way to lessen our influence than by destroying our wealth and power.

jawkneemusic on February 14, 2011 at 6:19 PM

$26.3 trillion in new debt — repeat, new debt — alone over the next decade.

The hair on my head stood straight up, hell the hair on my armpits stood up too. We’re scroomed.

Bishop on February 14, 2011 at 6:19 PM

he has betrayed those of us who took him to be a serious president prepared to put the good of the country before his short term political interests

Obama lead? When the hell has he ever done that? No, you people got suckered. Do us all a favor, DON’T VOTE for the next 10 years as penance.

As far as entitlements, Barry will stay on the side lines so that he can criticize any efforts made by the Republicans. He thinks he get the senior vote that way.

GarandFan on February 14, 2011 at 6:20 PM

On the seminal issue of his time, the long-term fiscal sustainability of the United States, this guy has completely abdicated.

“Present.”

Wethal on February 14, 2011 at 6:20 PM

Lefty reaction on this site? “Meh.”

B Man on February 14, 2011 at 6:21 PM

We are in a downward spiral. I don’t think even electing a Republican President can pull us out of it.

WE’RE DOOMED.

portlandon on February 14, 2011 at 6:21 PM

Most gutless slab of meat to ever inhabite the White House

MyImamToldMeToDoIt on February 14, 2011 at 6:22 PM

It’s not Keynesian, it’s Cloward-Pivian.

G M on February 14, 2011 at 6:22 PM

“At no point in the president’s 10-year projection would the U.S. government spend less than it’s taking in.”

And so he will leave it up to the big boys to clean up the mess…
He has no economic policy
He has no foreign policy
…but he has an election policy

right2bright on February 14, 2011 at 6:22 PM

These people don’t get it. The current situation doesnt require snips and cuts here and there… Nothing short of DISMANTLING WHOLE AGENCIES will even begin to putting this country on the path to solvency.

Greek Fire on February 14, 2011 at 6:22 PM

Who is this good for? Mitt Romney.

pedestrian on February 14, 2011 at 6:18 PM

Nobody.

portlandon on February 14, 2011 at 6:23 PM

But Michael Medved says anyone who thinks Obama is out to destroy the country is kkkkrazy.

angryed on February 14, 2011 at 6:16 PM

I don’t believe he is an evil man looking to destroy us. I think hes just another anti-American, lefty nutter who wants to lessen our influence in the world. He thinks it will make the world love us which is the goal of most liberals. To be loved by good people and tyrants. What better way to lessen our influence than by destroying our wealth and power.

jawkneemusic on February 14, 2011 at 6:19 PM

Help explain this logic.

darwin-t on February 14, 2011 at 6:23 PM

“Obama is betting that he can force the GOP to make their proposed cuts, which he can blame them for, which he can truthfully say he does not support. Then he can attack the Republicans for making the cuts. He will appeal to the people who are suffering from the cuts, and strip away GOP support. They will be angry and mobilized. Obama then plans to force the GOP into a funding crisis just as Clinton did. Obama plans to destroy the GOP reform wave of 2011 just as Clinton destroyed the GOP reform effort in 1995.”

It’s not 1995 anymore, though.

Instapundit, quoting Lexington Green blog.

Wethal on February 14, 2011 at 6:23 PM

Where do you even get a calculator capable of computing over 13 digits?

fourdeucer on February 14, 2011 at 6:23 PM

Remember when Barry was all about “doing what’s right, not what’s popular”? Good times…

rcpjr on February 14, 2011 at 6:25 PM

So I guess the only question left is

Do we default on the debt payments or go Zimbabwe style with $100M notes that buy a loaf of bread? It will have to be one of the two. Which is worse? Hard to say. It will be really, really ugly in either case.

angryed on February 14, 2011 at 6:25 PM

Who is this good for? Mitt Romney.

pedestrian on February 14, 2011 at 6:18 PM

Why? Because of Romney-care? Because he could almost balance a budget in America’s most prosperous years? And he still have to raise taxes fees.

right2bright on February 14, 2011 at 6:25 PM

Time for another volley to be fired by Fort Palin:

The Truth Behind the White House’s Budget Spin
by Sarah Palin on Monday, February 14, 2011 at 12:12pm

Today the White House finally produced its proposal for the 2012 budget. Beware of the left’s attempt to sell this as “getting tough on the deficit,” because as an analysis from Americans for Tax Reform shows, the White House’s plans are more about raising taxes and growing more government than reducing budget shortfalls.

The fine print reveals a White House proposal to increase taxes by at least $1.5 trillion over the next decade. If you want to know how minuscule their proposed $775 million-a-year budget “cuts” really are, please look at this chart. The proposed cuts are so insignificant – less than 1/10 of 1% of this year’s $1.65 trillion budget deficit – that they are essentially invisible on the pie chart. That speaks volumes about today’s budget.

– Sarah Palin

http://www.facebook.com/notes/sarah-palin/the-truth-behind-the-white-houses-budget-spin/10150091193588435

There are links embedded in that post.

powerpro on February 14, 2011 at 6:26 PM

Community organizers are not know for their budgeting skills…

d1carter on February 14, 2011 at 6:28 PM

SMELL THE PROGRESSIVE MONEY TRAIN!
*********************************
**********************************

Leading Progressive Organizations, Unions Announce Major Campaign to Pass President Obama’s Historic Budget, a Blueprint for Rebuilding and Renewing America.

Groups Which Led Fight to Pass Economic Stimulus Package promise to “Gear Up to Get it On”
=================================
FOR IMMEDIATE RELEASE
March 4, 2009

Washington, D.C. – Leading progressive organizations and unions which led the fight to pass President Obama’s jobs and economic recovery package held a national press conference call today to announce a major new campaign to pass President Obama’s historic budget.

Participants discussed plans to substantially ratchet up the same tools, techniques and strategies behind the successful campaign to pass the President’s economic recovery plan into law last month; including grassroots events, lobbying, phone and emails into Congressional offices and paid advertising. More than 40 major organizations have so far signed onto the estimated $6 million campaign to ‘Rebuild and Renew America Now.’

http://www.usaction.org/site/apps/nlnet/mar04-rebuild-renew.html
=================

********INVESTMENT MY ASS*********************************

canopfor on February 14, 2011 at 6:28 PM

Hey everybody…

… I have an idea!

Let us elect Barack Hussein Obowma as President of the United States…!

… Who’s with me?

Seven Percent Solution on February 14, 2011 at 6:29 PM

Fail to the Chief.

ronsfi on February 14, 2011 at 6:29 PM

Who wrote it?? Was it the Apollo Alliance, those who wrote the stimulus bill???
Would be interesting to find THAT out.

reshas1 on February 14, 2011 at 6:32 PM

The GOP has to take the lead on cutting spending and controlling entitlements, whatever the political consequences are. If they don’t, when the day of reckoning comes they will be every bit as responsible for it as Democrats.

Mark1971 on February 14, 2011 at 6:32 PM

I don’t understand why SS is so hard. You don’t have to isolate seniors today. Start gradually raising retirement age and phase it out to some type of required private savings plan. Politically this is a walk in the park when compared to Medicare. I’m 39 and I in no way expect to see any SS. I’d give it all away today if we could get that debt off the books and I think many around my age feel the same way.

I do have a serious question that maybe some enterprising person could answer: Is there any way for the US to renegotiate it’s debt with foreign countries and even citizens? Could we essentially refinance or negotiate longer terms after balancing the budget?

ReaganWasRight on February 14, 2011 at 6:34 PM

That’s Andrew Sullivan, formerly Obama fan numero uno in the blogosphere, now copingracist

the_nile on February 14, 2011 at 6:34 PM

Everything is above his pay grade.

SouthernGent on February 14, 2011 at 6:34 PM

I’d feel duped, they were duped. That’s Andrew Sullivan, formerly Obama fan numero uno in the blogosphere

–You vote for Obama who uses “I” as often as he breathes. He uses the budget for political gain, country be damned, and you feel duped? Grow the F up and what would you do with a brain if you had one?

chickasaw42 on February 14, 2011 at 6:35 PM

the regime sickens me

NY Conservative on February 14, 2011 at 6:35 PM

The message now needs to be that this man is not a leader, has never been a leader, and fails to lead the country when we need him to lead.

Tea Party mobilizing on this issue now. Watch for protests in the coming months.

“We Want A Leader
Not a Bottom Feeder”

Key West Reader on February 14, 2011 at 6:35 PM

More Progressives,thank-Gawd I file this crap!!
=================================================
PA Progressives Plan for New Battles
Jan 28 2011
****************

‘Building a 21st Century Economy’ was chaired and presented by two young women from the Blue-Green Alliance, Hillary Bright and Lauren Horne.

“If we got the $100 billion Obama wants for Green jobs,” said Horne, introducing their PowerPoint presentation,

“that would mean $4 billion for Pennsylvania, and that could turn into 86,845 jobs around the state.

In addition to advocating new green energy manufacturing startups, the presenters also stressed the important of setting and enforcing regulatory standards, especially the Renewable Energy Standards and Clean Energy Standards.

“We also want to invite all of you to attend the upcoming annual ‘Good Jobs, Green Jobs conference in DC Feb 8-10 in DC,” said Bright, wrapping it up. “We had over 3000 people come over the past three years, where we go into all of this in much more detail.”

http://beavercountyblue.org/2011/01/28/pa-progressives-plan-for-new-battles/
=======================

Yes,PROGRESSIVES just can’t wait till they get all that LOOT,

for all their Lefty schemes!!!!!!!!!!!!!!!!!!!!!!!!!!!

canopfor on February 14, 2011 at 6:35 PM

true to form, CNN has an article titled “Obama’s Budget Goodies”

MFn G I M P on February 14, 2011 at 6:36 PM

Shut it down.

Ronnie on February 14, 2011 at 6:36 PM

I’ve been typing the same comment here at HotAir for almost 2 years now: Cloward Piven. How can anyone not see it? No one can be this stupid – he is doing it on purpose.

JustTruth101 on February 14, 2011 at 6:37 PM

I guess at this point we only have two questions to ask to determine the fate of this country:

1) Do the Republicans have the political will to actually pass the budget cuts that are necessary to deal with this crisis?

2) Will the senior citizens of this country realize that they cannot take a NIMBY stance on the issue and keep this country solvent?

If the answer to either of those questions is ‘no’, this country is fiscally ruined.

Scott H on February 14, 2011 at 6:37 PM

THe GOP doesn’t have to scare seniors. Sheesh. Their SS is protected. That canard needs to be put to rest right now!! Anyone under the age of 50 needs to understand that their SS is going to be affected. Don’t let them demagogue this issue. SS, Medicare & Medicaid need to be reformed now. Rep. cannot punt on this issue. They need to get out in front of it right NOW!!

JAM on February 14, 2011 at 6:37 PM

Valerie, Axe, and Obama sat and did the budget together, using Math For Idiots…. when they glorified in what they had accomplished after 15 minutes….they went out for burgers.

capejasmine on February 14, 2011 at 6:38 PM

Do we default on the debt payments or go Zimbabwe style with $100M notes that buy a loaf of bread? It will have to be one of the two. Which is worse? Hard to say. It will be really, really ugly in either case.

angryed on February 14, 2011 at 6:25 PM

Buy silver, ammo, wheat, rice, coffee, chocolate, frozen orange and citrus juice concentrate; invest in a large freezer for meats, buy a food sealer, canned goods, 5 gal jugs of pure water, soap and personal care products, cereals and dog food.

Hunker down. Because when the thugs don’t get the welfare checks they’ll be hunting the rest of us down. I can literally see this coming….

Key West Reader on February 14, 2011 at 6:39 PM

He is to the presidency what Hunter S. Thompson was to safe, sober driving.

G M on February 14, 2011 at 6:40 PM

So I guess the only question left is

Do we default on the debt payments or go Zimbabwe style with $100M notes that buy a loaf of bread? It will have to be one of the two. Which is worse? Hard to say. It will be really, really ugly in either case.

angryed on February 14, 2011 at 6:25 PM

I`ll take $100M notes for 10 trillion Alex…

seriously, I paid $87 today for the “privilege” of renewing my NY drivers license today, someone please tell me which direction our Nation is headed in.

NY Conservative on February 14, 2011 at 6:42 PM

ReaganWasRight on February 14, 2011 at 6:34 PM

On your second point, you’re theoretically correct: the United States could approach their creditors to refinance their debt. In a way, allowing ‘us’ to get away with ‘quantitative easing’ is in fact refinancing our debt, in purchasing power if not actual dollars.

However, this is also tantamount to stating to our creditors that we cannot honor our current debt commitments. Even if they let us do this to our existing debt, please note that we cannot even balance the budget. This means that we would also have to convince our creditors to give us more money with the fact that we cannot pay our current debts on the table.

If I were communist China when this happened, I would tighten the noose and immediately destroy my only competitor for the title of world superpower.

Scott H on February 14, 2011 at 6:42 PM

Am I ignorant of the Constitution that states that the Congress will submit the budget? This POTUS has by passed the Congress so many times with his ZARS that speak to him directly to make the Congress non fungional.

mixplix on February 14, 2011 at 6:43 PM

Two years ago, the Obama administration expected a deficit of $900 billion in 2011 and $600 billion in 2012. Now, we have a deficit of $1,600 billion in 2011, and they want approval for a deficit of $1,100 billion in 2012. Do they expect us to believe their current projections aren’t similarly off-target?

DKCZ on February 14, 2011 at 6:43 PM

My papers to renounce US citizenship arrived today from the US consulate.

I never expected to get any of the money I put into social security. And I don’t plan on ever living in the United States again. Neither of these things means I have to give up United States citizenship, something which people cross oceans and sneak across borders hoping to acheive.

But, looking at usdebtclock.org and seeing the debt just spiral out of control, and knowing no politician has BOTH the will AND the support to do the massive restructuring needed, I’m pretty sure things are going to get ugly shortly. I expect the continued devaluation of the dollar, more and more municipal bankruptcies until eventually money does run out and we see the “Obama’s going to pay for my gas, Obama’s going to pay for my mortgage…” lady and her ilk rioting in the streets for their entitlements.

Frankly, I don’t know how confiscatory the bloated US government is going to get down the road, even with Americans living abroad. Renouncing citizenship is the safest way for me to go Galt.

Of course, once California goes and things in the United States get really bad, I expect bad things in Canada too. Fortunately, there’s other countries in which to live and start a family, safe from the human rights tribunals and the ever reaching prostate massaging hand of Canadian government.

Depressing, all over..

Canadian Infidel on February 14, 2011 at 6:44 PM

I’ve been typing the same comment here at HotAir for almost 2 years now: Cloward Piven. How can anyone not see it? No one can be this stupid – he is doing it on purpose.

JustTruth101 on February 14, 2011 at 6:37 PM

Manchurian President… No doubt in my mind.

Keemo on February 14, 2011 at 6:44 PM

$26.3 trillion in new debt — repeat, new debt

Keep in mind, that he’s probably underestimating this number on purpose. So a spun $26.3 trillion translates to what? $40 trill?

JavelinaBomb on February 14, 2011 at 6:45 PM

I hope to hear soon from David “love the crease in his pants” Brooks and Christopher “like the cut of his jib’” Buckley.

Wethal on February 14, 2011 at 6:45 PM

He is to the presidency what Hunter S. Thompson was to safe, sober driving.

G M on February 14, 2011 at 6:40 PM

LMAO… :-)

Keemo on February 14, 2011 at 6:46 PM

wow you know what would help the problem…all those tax revs coming from the gul drilling…..ooops…

unseen on February 14, 2011 at 6:46 PM

The White House released the President’s proposed budget for FY 2012 today, and it included some significant corporate tax changes. Tax Foundation President Scott Hodge gave his initial reaction to the new provisions:

Despite his promises to make the U.S. a more attractive place to business in and do business from, President Obama is proposing $129 billion in tax increases on American firms doing business abroad. Not only will these tax hikes make U.S. businesses less competitive, but they would threaten jobs back home as well.

It is disappointing that the President chose not to take a leadership role in making the corporate tax system more competitive, especially with Japan expected to cut their corporate tax rate in April, which will leave the U.S. with the highest overall corporate tax rate among developed nations. Canada has already cut its corporate tax rate this year and the United Kingdom is scheduled to cut its corporate rate in April. To be competitive globally, America needs lower corporate taxes, not higher taxes.

Via The Tax Foundation

visions on February 14, 2011 at 6:46 PM

JAM on February 14, 2011 at 6:37 PM

Regardless of whether or not we have to ‘scare’ seniors (and I do not necessarily agree with you that we do not), the BLM will certainly do so, and we still cannot effectively fight a full court press on this issue.

I am only now fully appreciating the attacks on the Tea Party by the BLM. They marginalized that portion of the Republican Party (those elected in 2010) by painting them as kooks. Those are the very same people that we will have to rely on to do something about this issue, by the current outlook.

Scott H on February 14, 2011 at 6:46 PM

I think I like Andrew Sullivan now…just a little.

jawkneemusic on February 14, 2011 at 6:16 PM

Oh pleeze! All Barry has to do is show up on The View or on Jay Leno and Sullivan will be participating in afternoon delight with Barry’s image.

mizflame98 on February 14, 2011 at 6:47 PM

Time for a HotAir Poll:
.
In this clip, Big 0
.
a. is revealed as a product of harvard: a complete incompetent
b. is having a Transient Ischemic Attack (for 1:32)
c. is showing the effects of Four Loko
d. is proposing a reasonable, Zimbabwe-style, budget
.

Arbalest on February 14, 2011 at 6:47 PM

Impeach him for gross negligence.

Vegi on February 14, 2011 at 6:47 PM

I’m sorry guys but ther eis only one candidate leading on this issue. Day in and day out. She isn’t waiting for Obama to lead she is leading herself. She is the only candidate that backed Paul Ryan’s roadmap, that called out Obamacare for the fisscal mess it is. Only one that has called for no more bailouts to compnaies or states. Only one that is calling for less reghulation and less taxes to solve this mess. Only one that is calling for the total elimination of all non consitutional federal programs as a starting point. and ther eis only one candidate calling for a strong dollar policy.

unseen on February 14, 2011 at 6:48 PM

My god. MY GOD.

When Obama loses Andrew Sullivan, you know that sh!t just got REAL.

Vyce on February 14, 2011 at 6:49 PM

Just wait until he purposely causes us to default with China. At least all the foreclosed homes and commercial properties will have a new owner..

/

Key West Reader on February 14, 2011 at 6:49 PM

mixplix on February 14, 2011 at 6:43 PM

The President can present a budget to the House of Representatives. It is more or less a ‘wish list’ of what he wants for his expenses.

The House does not have to use it in the least. If they do, even as a fringe possibility that he may get a tenth of the money he asks for, we are doomed.

Scott H on February 14, 2011 at 6:49 PM

Another thought… Any idea why he chose to reveal this and take questions… from middle school children?

Heh. Failure indeed.

Key West Reader on February 14, 2011 at 6:50 PM

The current world GDP is $58~ trillion (according to Google) and the US Federal Government plans to spend $46~ trillion over the next decade (obviously a low-ball number too I’d say, likely to be more).

We’re doomed. There is no freaking way in hell this is sustainable.

modnar on February 14, 2011 at 6:50 PM

It’s time to revisit the 25th Amendment. Clearly, the current occupant of the White House is mentally incapable of carrying out his duties.

MrScribbler on February 14, 2011 at 6:51 PM

NY Conservative on February 14, 2011 at 6:42 PM

$87? Man, I thought $16 was high.

Wolftech on February 14, 2011 at 6:51 PM

unseen on February 14, 2011 at 6:48 PM

As you are well aware, principles do not matter here nearly as much as electability.

I’m just waiting for Ryan to fold.

Scott H on February 14, 2011 at 6:52 PM

Just wait until he purposely causes us to default with China. At least all the foreclosed homes and commercial properties will have a new owner..

/

Key West Reader on February 14, 2011 at 6:49 PM

a conservativ epresident with the USA army behind them might have other ideas on that….

unseen on February 14, 2011 at 6:52 PM

Next time America, try electing an American and a Christian. Someone who is looking out for our country, and not the Caliphate.

tarpon on February 14, 2011 at 6:52 PM

Who is this man?

The community organizer cuts community programs. Do ya think he knew something about what a darn waste they were all along?

Hhhhhmmmm?

http://www.huffingtonpost.com/2011/02/14/obamas-budget-2012-president-vs-life-story_n_823152.html

IlikedAUH2O on February 14, 2011 at 6:52 PM

Just wait until he purposely causes us to default with China. At least all the foreclosed homes and commercial properties will have a new owner..

/

Key West Reader on February 14, 2011 at 6:49 PM

At least China believes in capitalism.

G M on February 14, 2011 at 6:54 PM

As you are well aware, principles do not matter here nearly as much as electability.

I’m just waiting for Ryan to fold.

Scott H on February 14, 2011 at 6:52 PM

Yeah Ryan will fold. He always does. Obama is playing hardball. If the GOP were smart and understood the mood in the country they would raise the stakes and place everything on the table. they are worried about “optics” the people ar eworried about paying the bills….

unseen on February 14, 2011 at 6:55 PM

Canadian Infidel on February 14, 2011 at 6:44 PM

Canada is much more fiscally solvent than the US or Europe and not by accident. My advice to you is to short the US/CAD dollar. There is a boat load of money to be made on that in the coming years.

keep the change on February 14, 2011 at 6:55 PM

This has Valarie Jarrett all over it. I mean, she tells her ghetto tenants to pay her while they live in squalor and she lives in the lap of luxury.

SouthernGent on February 14, 2011 at 6:55 PM

At least China believes in capitalism.

G M on February 14, 2011 at 6:54 PM

did you forget the / line?

unseen on February 14, 2011 at 6:56 PM

Yeah…well…Gaddafi likes him. So he’s got that going for him./// God protect us.

kingsjester on February 14, 2011 at 6:56 PM

Really, though, how many Tea Partiers would really want their social security cut or their medicare? It’s one thing to talk a good game, but when it comes to self-sacrifice, that is where the Lefties win the game. Their strength is in their bet that Americans will not self-sacrifice. That is a safe bet.

keep the change on February 14, 2011 at 6:57 PM

Like the woman who wonders why all the guys she dates are dirtbags, maybe Sullivan should ask himself if the problem isn’t with him.

JohnJ on February 14, 2011 at 6:57 PM

could thing we got Joe in as VP to be a “steadying influence” and the “brains of the opperation”

unseen on February 14, 2011 at 6:58 PM

Obama is moving from Carter-style incompetence to James Buchanan-style. Good Lord.

cpaulus on February 14, 2011 at 6:59 PM

jawkneemusic on February 14, 2011 at 6:19 PM

You’re an idiot.

ladyingray on February 14, 2011 at 7:00 PM

Really, though, how many Tea Partiers would really want their social security cut or their medicare? It’s one thing to talk a good game, but when it comes to self-sacrifice, that is where the Lefties win the game. Their strength is in their bet that Americans will not self-sacrifice. That is a safe bet.

keep the change on February 14, 2011 at 6:57 PM

yeah that $600 billion in interest payments means nothing. You don’t even hav eto touch SS at this time. Nor medicare. You need to start paying down the debt take the savings in the interest and pay off more debt. then take that $700 billion in unobligated funds sitting in the government agencies

unseen on February 14, 2011 at 7:00 PM

Great Depression 2.0 here we come!

joeindc44 on February 14, 2011 at 7:01 PM

The key to this is stopping the double standard in the Tea Party.

Seniors in the Tea Party simply can not pretend to be small government and then say SS cannot be touched even after they are long dead.

We fault the President. But we have no control over that. We do have control over what we support.

We must force Republicans to tackle the hard cuts. It has to be us.

Glen Beck, Rush Limbaugh all the other talkers… you must lead. Seniors must put their money… although it really isn’t them who will be affected anyway… it’s me…

We have the power on our side without the President, we must do it.

petunia on February 14, 2011 at 7:02 PM

VAT Tax here we come

Oil Can on February 14, 2011 at 7:02 PM

At least China believes in capitalism.

G M on February 14, 2011 at 6:54 PM

did you forget the / line?

unseen on February 14, 2011 at 6:56 PM

Nope. Not even communist party members in China think marxism is anything but an utter flop. They all want to get rich and enjoy consumer goods. They read things like Adam Smith.

http://www.timesonline.co.uk/tol/news/uk/scotland/article6926313.ece

Adam Smith finds new audience in China
Peter Jones

More than two centuries after his The Wealth of Nations became the cornerstone of Western capitalism, the theories of Adam Smith are about to find an eager new audience — among readers in Communist China.

However the famous economist may receive a more sophisticated reading there than he does in the West, where The Wealth of Nations is often misinterpreted as a gospel of market supremacy. Because the Mandarin translation to be published in China this month is of Smith’s complete works, including The Theory of Moral Sentiments, habitually ignored by Western free marketeers because it stresses that a moral society depends on individuals’ sympathy for each other and for society as a whole.

One of the greatest Chinese admirers of Moral Sentiments is prime minister Wen Jiabao.

G M on February 14, 2011 at 7:02 PM

He is…….the WRECKING BALL of America.

He is…….the accidental or purposeful DOTUS*
(Destroyer of the United States).

We need……THE PAPPY PLAN.

1. Seal the Border.
(Saves Social Security, Medicare, Welfare, lowers crimes in a host of states, reduces strains on State budgets, etc.)

2. 10% Across the board federal spending cuts.
(Who can argue that it’s not “FAIR” and “EQUITABLE”?)

These simple “FAIR” actions would be a great start to correcting this American disaster that is the Obama Administration.

PappyD61 on February 14, 2011 at 7:04 PM

unseen on February 14, 2011 at 7:00 PM

You just proved my point. Even conservatives don’t want to touch social security or medicare, instead arguing we can keep those programs if we just cut here and there. With the baby boomers beginning to retire next year, America will collapse under the weight of their health care, and pensions.

keep the change on February 14, 2011 at 7:04 PM

Good luck Crr you idiot.

CWforFreedom on February 14, 2011 at 7:05 PM

keep the change on February 14, 2011 at 6:55 PM

Thanks. I will.

Canada is more fiscally stable now but once the US and Europe go down, Canada will be hit hard too. Ideally, it will be hit hard enough to end the welfare state here too.

And Europe light, even with Stephen Harper, God bless him, is still unpalatable.

Time to get back to work. Have a great night.

Canadian Infidel on February 14, 2011 at 7:05 PM

unseen on February 14, 2011 at 7:00 PM

You just proved my point. Even conservatives don’t want to touch social security or medicare, instead arguing we can keep those programs if we just cut here and there. With the baby boomers beginning to retire next year, America will collapse under the weight of their health care and pensions.

keep the change on February 14, 2011 at 7:05 PM

Canada is much more fiscally solvent than the US or Europe and not by accident. My advice to you is to short the US/CAD dollar. There is a boat load of money to be made on that in the coming years.

keep the change on February 14, 2011 at 6:55 PM

http://www.heritage.org/index/Ranking

Index of Economic Freedom World Rankings

#6. Canada

#9. USA

G M on February 14, 2011 at 7:06 PM

jawkneemusic on February 14, 2011 at 6:19 PM

If the results are evil then that says all we need to know. Enough of the equivocation about intentions.

chemman on February 14, 2011 at 7:07 PM

It’s not Keynesian, it’s Cloward-Pivian.

G M on February 14, 2011 at 6:22 PM

And so it has begun here in America…..COLLAPSE THE SYSTEM and then control the rebuilding of the America you want.

WWTFD? (What would the Founders do?)

PappyD61 on February 14, 2011 at 7:07 PM

Ich bin ein Detroit-er.

G M on February 14, 2011 at 7:12 PM

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