Former Commerce Secretary Nominee: Obama Budget Will Bankrupt the U.S.
"Your listeners have to understand how staggering the numbers are. We're talking about a deficit in the trillion-dollar range for as far as the eye can see. We're talking about deficits which are 4% to 5% of GDP - which is not sustainable under any form of government. We're talking about a public debt - this is a debt that people own of the federal government - that will be around 80% of GDP. Historically, it's been around 40% of GDP in the out years. The practical implication of this is bankruptcy for the United States. There's no other way around it."
March 22, 2009 at 10:25 am - CNN Dateline: Washington DC
jbh50March 22nd, 2009 - 10:22 am
BO’s goal is for complete gov’t control of every sector. To do this he must first bankrupt the financial industry. Its time our voices are heard! Join the grassroots movement to stop the nonsense.
[...] here:Â Former Commerce Secretary Nominee: Obama Budget Will Bankrupt the U.S. Filed Under: Latest News VideoTagged: pcu [...]
Robin LeachMarch 22nd, 2009 - 10:33 am
Senator Hussein is deliberately trying to bankrupt the United States.
Those who voted for Senator Hussein must be prevented from ever pulling the voting lever again.
Far Right Wing WackoMarch 22nd, 2009 - 10:39 am
Again, more Republican rhetoric. The Shrub admin had already had us well on our way to bankruptcy and everyone knows it. Who the hell does the far right think they’re kidding? Good God what a bunch of lunatics!
[...] Quick Take: Former Commerce Secretary Nominee: Obama Budget Will Bankrupt the U.S. → Read full article… [...]
LMarch 22nd, 2009 - 11:08 am
There you go again, blaming the Repubs for hole zero is courting us to. Why did you vote for the fraud then? Wasn’t your messiah supposed to make it all better for you?
Time to admit your empty suit is just that.
Biden 09
Change we can all live with
FinnMarch 22nd, 2009 - 11:13 am
Once again WACKO is on the rampage making a ridiculous comment. Ever hear of the saying “two wrongs don’t make a right?” You left loons will continue to blame PRESIDENT Bush for everything conceivable until the end of time. Go right ahead, two can play the blame game buddy!! The difference between the loons and the right is we actually admit to our president making grave mistakes, while they continue to support and defend this nobomination burying us in debt for many decades to come.
Eileen for Freedom/LibertyMarch 22nd, 2009 - 11:19 am
I heard a statistic yesterday that 98% of Americans did not want Congress to pass the stimulus…but Congress listened to their great leader, Saul Alinsky Obama and voted for it anyway.
We called/we emailed and you did what you want anyway!
So why are we to believe that any of you (both Democrats and Republicans) will do what we want now?
SPEND NO MORE OF OUR HARD EARNED MONEY.
YOU WANT TO GIVE IT AWAY? GIVE IT BACK TO THOSE OF “US” WHO EARNED IT IN THE FIRST PLACE! WE WILL SPEND IT ON OUR FAMILIES WHERE IT BELONGS!
You have no right…no right…being so “generous” with our money!
Americans have always been a “generous” people…we give on our own to where we want to give it…not where you tell us to give it…or force us to give it!
You socialist Democrats and Republicans have just “one” more chance to get it right…this time!
This budget bill that Saul Alinsky Obama wants…needs to be trimmed, cut back and streamlined. No more pork…no more earmarks!
He told Americans that we have to sacrifice for the greater good, but he has done just the opposite…because he considers himself the “elite” that doesn’t have to follow the rules of the peasants!
Saul Alinsky Obama is spending us into bankruptcy. We know that, we have always known that through the bailout, the stimulus and the omnibus and we told you that…again…you did not listen.
Afterall, we were going to be in chaos and the sky was going to fall…guess what…losers…it hasn’t fallen in yet…but if you pass another…it will!
I just watched a video about the Bilderburg (sp?) Society and how they are manipulating all of this…and guess what bubba…it is as clear as the nose on your face what is going on.
It is going to stop…you in Congress are the key. You have the power not Saul Alinsky Obama (yet)!
USE YOUR POWER…BOTH DEMOCRATS AND REPUBLICANS USE YOUR POWER…YOU CAN STOP IT…WE TOLD YOU TO STOP IT…NOW JUST DO IT AND SHUTTUP!
P.S. We have also asked you to call for the “original” birth certificate of this fraud so that we can legally remove him from office…call his bluff…make him produce it and put an end to this questioning.
You can do that Congress…it is your Constitutional right and directive to do that Congress…now stand up for the American people and show you have the courage to lead…not just follow!
=========================
JUST ANOTHER SAD, SAD DAY IN THE SOCIALIST “REIGN OF BARRY HUSSEIN” AND HIS FAILED POLICIES AND BILLS THAT ARE DESTROYING US FROM WITHIN…JUST LIKE HIS ANTI-AMERICAN FRIENDS HAVE ALWAYS WANTED!
Eileen for Freedom/LibertyMarch 22nd, 2009 - 11:22 am
America…here is the video I spoke of….”The Deception of Obama” and how he is being manipulated by the Bilderberg (sp?) Society!
It puts it all together for us in a nutshell at what is going on in America.
Only we have the power to stop it…to make Congress act to stop it and stop it now!
YOU MUST VIEW THIS VIDEO…YOU WILL UNDERSTAND EVERYTHING AFTER VIEWING IT!
Eileen for Freedom/LibertyMarch 22nd, 2009 - 11:26 am
Sorry…sometimes I get so angry at what is happening…it just all blurrs. Here is the video link that I forgot to add.
==================================
I just finished watching that video and it was much more than extremely informative and revealing.
I have always believed in an “international†conspiracy.
I believed that George H Bush and the Clintons were a part of it. I felt differently about George W. Bush, but now see differently when looking back.
======================================
AMERICA…YOU TOO MUST WATCH THIS VIDEO.
IT IS ALMOST 2 HRS LONG, BUT YOU WILL GO AWAY WITH A NEW AWAKENING AT WHERE WE ARE IN OUR COUNTRY AND WHAT WE CAN DO TO STOP THE MADNESS!
PLEASE…PLEASE VIEW THIS VIDEO IN IT’S ENTIRETY…AND PRAY FOR AMERICA!
JUST ANOTHER SAD DAY IN THE SOCIALIST “REIGN OF BARRY HUSSEIN†THE PUPPET OF THE NEW WORLD ORDER!
Julie SMarch 22nd, 2009 - 12:32 pm
NEWS FLASH!!!!
TRUE REAL RELEVANT NEWS STORIES YOU WONT SEE ON THIS SITE!
Palin went after her brother-in-law out of a personal, family matter. She wasn’t about to let him get by with what he had done by divorcing her sister etc. It’s small change stuff. When she couldn’t convince the Head of the Department to do her dirty work she punished him, next best thing. She runs Alaska like a her own personal domain.Her husband is not an elected official and yet has privy to all government business. Of course the government won’t pay her bills to defend herself for her own wrong-doing.
She’s a small town girl with a small town attitude. She’s a sociopath. She has no conscience about her own actions being wrong. Everyone else is to blame or she’s just doesn’t do anything wrong. Troopegate. Bristolgate. Wardrobegate. Pallin’ Around With Terrorists Gate, Bridge to Nowhere Gate, Katie Couric You’re not the Center of the Universe Gate, Baby Trig Gate, AIP Gate, Reverend Mutha Gate, Library GAte ETC. What proof of honesty and intelligence does this woman offer us?
Anyone who contributes to her personal “Bailout Stimulus” is a bigger fool than she is. Why should anyone take responsibility for her mistakes? One more proof that she has no conscience and takes no blame for her behavior.
Sara Palin’s Legal Debts Pile Up:
Gov. Sarah Palin owes more than a half million dollars to an Anchorage law firm that has defended her against ethics complaints, and she may create a legal fund to pay the bill, she said Friday.
Legal bills have mounted fighting complaints that she called partisan, false and frivolous, starting with “the politically motivated Troopergate probe,” Palin said in a written response to questions. She said the legal bills all stem from her actions as governor.
“I must defend against these baseless ethics accusations out of my own pocket as the use of public monies to do so could itself violate state law,” Palin wrote.
The debt, amassed since she was catapulted into the national spotlight during the presidential race, was revealed in her annual financial disclosure filed this week with the Alaska Public Offices Commission.
“On August 29, it seems the political landscape changed in Alaska. Now, it seems in order to do this job as Governor, with the political blood sport some are playing today, only the independently wealthy or those willing to spend their income on legal fees to defend their official actions in office … can serve,” Palin said in the written response to Daily News questions.
The debt is owed to the Alaska law firm Clapp, Peterson, Van Flein, Tiemessen & Thorsness, according to her financial disclosure. The disclosure said only that she owed “hundreds of thousands of dollars.” On Friday in the written statement, attorney Thomas Van Flein wouldn’t give a precise number but said it was “a substantial debt.” Palin said she didn’t have an exact figure yet but “the debt is over a half a million dollars.”
Van Flein represented Palin on the Troopergate controversy, which grew from her dismissal of the state’s public safety commissioner, as well as other complaints alleging ethics violations, some of which have not been publicized. One was filed under the name of a soap opera character, Palin said. Another concerned the Alaska Seafood Marketing Institute using her photograph to promote seafood.
Palin also faced a small claims case in Washington, D.C., that was dismissed when the plaintiff didn’t show up for a hearing.
In all, Palin said, there have been 10 ethics complaints, counting Troopergate, though she did not provide a list. State ethics complaints are confidential unless a public accusation is filed or the accused person agrees in writing to make to make it public. State officials said they could not discuss any pending ethics cases.
Out of the 10 complaints, Palin said six have been dismissed, one had “concluded,” and three are pending.
Last month, with Van Flein as her lawyer, she settled an ethics complaint over her children’s travel by agreeing to repay the state for an estimated 10 trips. She said Friday that debt is still under review by the state.
Activists who have brought complaints against Palin said they don’t consider their efforts frivolous.
Zane Henning, a North Slope worker, filed a complaint in November after the election, accusing Palin of partisan “post-election damage control” for talking to reporters about the campaign in her state office. He said he wanted to stop that sort of behavior, and it seems to have worked, but he couldn’t talk about the complaint further while it was pending.
Andree McLeod, who has filed four ethics complaints against Palin and top aides, and made a number of public records requests, says she’s doing exactly what Palin expects. When Palin was sworn in as governor in December 2006, McLeod recalled, she said “Alaskans, hold me accountable; and right backatcha. I’ll expect a lot from you too.”
“I’m unambiguously, steadfastly and doggedly holding Palin accountable,” McLeod said in a statement. Her most recent complaint, filed this week, accuses Palin of using state resources to post a campaign message on the state Web site, and using her state spokesman to address confusion caused by her political action committee. Van Flein initially was hired by the state under a $95,000 contract to represent Palin in a legislative investigation of Troopergate. At issue was whether Palin pushed for the firing of her ex-brother-in-law, state Trooper Mike Wooten, then fired public safety commissioner Walt Monegan when the trooper stayed on the job. But just after Van Flein was tapped, Palin landed on the national GOP ticket. Van Flein said the investigation “became part of the national campaign strategy against the governor.” He never billed the state. Palin said she knew the case had turned political when CNN reported that the Obama campaign had spoken with the troopers’ union about Monegan. Meg Stapleton, spokeswoman for Sarah PAC, Palin’s political action committee, said in an e-mail Friday evening that a CNN reporter who was live on the air Sept. 5 reported the Obama campaign reached out to Wooten through his union. Palin said she didn’t think it would be fair to “sacrifice public monies to defend against something that was so politically charged.” Van Flein called the investigation a “political probe” and an “abuse of state money.” Asked for response, state Sen. Hollis French, an Anchorage Democrat who directed the investigation, wrote in an e-mail that the state’s bipartisan Legislative Council approved the investigation 12-0, with eight Republicans voting for it. The panel agreed to spend up to $100,000, mainly for an independent counsel, but spent $75,000. “The investigation came in 25% under budget, which is clear evidence that the investigator was restrained and judicious in the work that he performed,” French wrote Friday evening. The legislative investigation concluded Palin abused her power by not stopping her husband, Todd, from trying to get trooper Wooten fired. Palin didn’t cooperate with that probe, but with Van Flein’s help got the matter before the state Personnel Board by making an ethics complaint against herself. That investigation concluded the day before the election and found she didn’t know what her family or staff members were doing regarding Wooten so she couldn’t be held responsible. Palin made $131,891 last year, counting her $125,000 salary and expense payments she collects when she’s away from Juneau, according to the disclosure. Todd Palin made $86,150 from his two jobs, as a commercial fisherman and a BP production operator. “Obviously we cannot afford to personally pay these bills — and really no future governor should feel the sense of financial vulnerability at the hands of those with a political vendetta bent on personal destruction,” Palin wrote. “Some have suggested a legal fund to pay these bills. We’ll have to pursue that.”
JuBritMarch 22nd, 2009 - 12:41 pm
I have ordered my chop sticks and a new cook book on Chinese cooking. They will own us…we will no longer be the super power of the world. Geezzz…how could we have let this happen.
Dave, TnMarch 22nd, 2009 - 12:58 pm
Thanks Julie S!! That’s a great example why Americans need to stand up to the extreme leftist EvangeLawerical movement and make losers pay in BS lawsuits.
Eileen for Freedom/LibertyMarch 22nd, 2009 - 1:08 pm
Dear Pity Mary Pat…oh excuse me…I means Julie S…do you have a “personal†vendetta against Governor Palin or something?
She isn’t even running for anything…and you are attacking her full force.
Maybe you are envious that she has made something of herself and valuable to her Alaskan constituents and you are nothing?
Get a life…get a clue…you are being used for a fool!
You just confirmed it by going after a successful woman of substance…who is…obviously so different from yourself and your credentials!
Female envy is so devastating to human character and so unbecoming!
RoverMarch 22nd, 2009 - 1:55 pm
President obama is doing a great job of helping the poor. The business at my Ice Cream Parlor has picked up over 21% since he was sworn in. People are happy again and have hope with the change he has blessed us with. And yes the favorite flavor mix is vanila and chocolate :).
Its great to see smiling faces again :) :) :) :)
including my own, Im so happy.
jbh50March 22nd, 2009 - 2:25 pm
That great Rover! And when you get taxed 91% for taking a bonus I’ll be the first to congratulate you!
Texan 2March 22nd, 2009 - 3:34 pm
Silly Wabbit, that is the plan. King Hussein doesn’t mind at all bankrupting the USA. Bankrupting the USA means more sheeple looking to the “govermint” More sheeple looking to the “govermint” means more power for the people who control the “govermint”. More power for the people who control the “govermint” means less freedom for you. Get it?
DanielTUSAMarch 22nd, 2009 - 3:40 pm
Obama will have the distinct honor of being the first and last partly black president of the U.S. This man is hell bent on destroying the country. Sadly it’s not fair to judge other black politicians by what Obama is doing snd will do but most people won’t want to risk another Obama.
[...] Its becoming clearer by the day why Judd Gregg withdrew from Hussein Obama’s nomination of Commence Secretary. As if its not bad enough with Hussein Obama and the rest of the liberals on Capital Hill trying to hijack the 2010 census. Gregg does try and defending Timmy, despite after having basically called him a liar just last week. [...]
flipflopMarch 22nd, 2009 - 5:38 pm
We are in serious trouble and the only argument anyone has for Obama is that he’s not Bush or Palin. Please!! Obama has spent more in two months than Bush spent on the entire six year war!! You people need to open your eyes and stop acting like children. Bush STUNK. He screwed up on many fronts big time. That doesn’t make Obama any less of a lying criminal. This guy lies to your face all week long and all you can do is copy and paste Palin articles? No wonder we’re in the mess we’re in.
Kenny CMarch 22nd, 2009 - 6:04 pm
People were told what his plans are….He even told us…..but nobody listens to what He says…..just how He says it….it’s too late….we are headed for 300 A.D.
[...] ranking member of the Senate Banking Committee spells it out: “Your listeners have to understand how staggering the numbers are. We’re talking about [...]
Laffing at LeftistsMarch 22nd, 2009 - 6:47 pm
Julie S sounds like Wah, Wah, Wah, Wah, Wah, Wah, in the Peanuts shows.
Making no sense just an irritating noise… :P
Eileen for Freedom/LibertyMarch 22nd, 2009 - 7:49 pm
America…you must watch this video. It puts all the pieces together of how Saul Alinsky Obama was elected and why and how deeply he is embedded into the secret society…know as the Bilderbergs (sp?).
===============================
AMERICA…YOU TOO MUST WATCH THIS VIDEO.
IT IS ALMOST 2 HRS LONG, BUT YOU WILL GO AWAY WITH A NEW AWAKENING AT WHERE WE ARE IN OUR COUNTRY AND WHAT WE CAN DO TO STOP THE MADNESS!
PLEASE…PLEASE VIEW THIS VIDEO IN IT’S ENTIRETY…AND PRAY FOR AMERICA!
Well, you wanted change.
Now you got it.
From a world leader to a third-world country.
From a Democracy to a slowly evolving Communist Police State.
Eileen for Freedom/LibertyMarch 23rd, 2009 - 10:29 am
Someone asked me to summarize this video…
=================================
It details the reality of a secret group of very rich, very elite individuals around the world called the Bilderburg Society. Henry Kissinger, the Bushes, Rockefeller, etc are some of the members.
It proves how Obama was chosen to be their puppet and was elevated to the position he is in with their help. It uses actual news footage, investigations into the group, and commentary by several experts in the field, etc.
It tells their mission to take down the banks and bankrupt the economy in America. What they are planning for our military, etc.
You will be amazed at what is going on in America and the world. I believe it totally…and you will too after viewing it.
It is long…but extremely informative and worth your time.
Please watch it…and then if you think it is as valuable in information as I have found, share it with family and friends, as I have.
Sean R.March 23rd, 2009 - 1:38 pm
Laffing at Leftist, both Dr. Mary Fat Sqwack and Julie S. both sound like the adult in the Charlie Brown cartoon, the adult says “wham wham wham wham wham wham”, that’s what both Julie S. and Dr. Sqwack sound like!
And PS, Dr. Mary Fat Sqwack, if I may ask, what institution did you get your PHD since you claim to be a doctor (more likely a quack or just a plain old phoney)?
May I ask a simple question? Where in the hell are America’s parental couples, whose kids will ‘pay the price’ due to this unconstitutional spending?
Second question: our military budget runs a yearly track of $1.5 TRILLION DOLLARS PER YEAR according to the esteemed Dr. Ron Paul. Hence, 700-plus bases in 140 countries is not necessary. Washington D.C. has to realize that our version of the Roman Empire will not last. They know it.
Congress and the Senate are a polluted circus of thugs.
[...] ranking member of the Senate Banking Committee spells it out: “Your listeners have to understand how staggering the numbers are. We’re talking about [...]
BO’s goal is for complete gov’t control of every sector. To do this he must first bankrupt the financial industry. Its time our voices are heard! Join the grassroots movement to stop the nonsense.
http://www.taxdayteaparty.com/