As the candle of hope flickers weakly against the increasing breeze, change is roaring ahead with gusto.
The increase in the national debt that took the Bush administration eight years to accomplish has been matched by the Obama administration in eight months, and Obama is just tuning up, with projections showing he will dwarf the debt increase by the end of his term (if there is an end).
While media outlets were aghast at the now-comparably meager spending of "W" - and Democratic politicians were allegedly enraged at the misuse of the taxpayers' money - the current orgy of rampant spending and the headlong charge into fiscal oblivion is greeted with not a yawn, but collective cheers from former opponents of such malfeasance.
Obama, who as a senator voted against a Bush request to congress to raise the debt ceiling, is now asking that the ceiling be raised above $12 trillion. In a floor speech in 2006 before a Senate vote to raise the debt limit, then-Senator Obama had this to say:
“Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership.”Funny how there are no senators today saying the same thing. Perhaps more intriguing is that in April, the House of Representatives voted to raise the ceiling to $13 trillion while sheilding themselves from their constituents by utilizing the "Gephardt rule", which did not require a roll call vote.
(Side note: These are the same politicians who wish to institute "card check" for union votes.)
The Heritage Foundation has a chart on their website which outlines what is in store for America if Obama is left unchecked in his assault on our economy. Right out of the gate, the line of this administration is nearly vertical, while its most recent predecessors have been almost flat by comparison.
Not only has Switzerland surpassed the U.S. in the World Economic Forum rankings, and China has expressed alarm at the Fed's printing money willy-nilly, now the U.N. is pushing for a new "world currency" to replace the dollar. It's almost as if the nation has experienced semi-consciousness brought on by the whiplash of Obama's jackrabbit start. Obama is finding new urgencies on which we're told that we must spend more and faster, and by the time his passengers awake from the stupor, we may find ourselves sinking below a certain bridge in Chappaquiddick.
At what point does any member of congress wake up and realize that there may just possibly be machinations at play that will be ultimately detrimental to the survival of the United States as we know it? Sphere: Related Content