"We are not going to be able to perpetually finance the levels of debt that the federal government is currently carrying." -- President Obama, February 12, 2009
That was yesterday, before the Congressional Democrats and three Senate Republicans gave President Obama his national debt-busting $787 billion bailout boondoggle, which will actually cost $3.27 trillion.
Now, with his so-called "stimulus" in hand, Obama will morph into a deficit hawk.
Obama' has scheduled his "fiscal-responsibility summit" for February 23, and according to the Wall Street Journal, three days later, Obama will start to pressure politicians to address the country's debt crisis.
Oh the irony hypocrisy Obama. How does this president get away with having everything both ways?
Special Report: Obama's First 100 DaysExclusive examiner.com coverage of the Obama administration's promise to bring about change.
Comments
I would like to know is why do we have to pay back the money they used . to get us out of the truble we are in . it was not there money they was useing . it is the peopple money they need to ancer for the money and were it went to . it did not come out of there pockits . were the money what did you do with it .
were the money what did you do with it . why do we have to pay it back
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