Once again Barry has put on a demonstration of arrogance typical of one who assumes the power of one's office as his own. And in his effort to blame others for what has been the result of HIS own economic policies, Barry issued, what has been referred to, as a blistering warning to Republicans, saying, on Monday, that it would be the "height of irresponsibility" for lawmakers to cause a new economic crisis just five years after the near-collapse of the nation's financial system. A new economic crisis? What, exactly, has Barry done over the course of the last 4 years but to make what was an already bad economic situation, very much worse?
"I cannot remember a time when one faction of one party promises economic chaos if it can't get 100 percent of what it wants," Barry said, contending that the stance of some conservative lawmakers amount to just that. Then I'd have to say that Barry has a rather piss-poor memory. Democrats have long demonstrated a willingness to do absolutely anything, no matter how extreme, in order to get their way. So old Barry can peddle that bullshit to his many imbecilic constituents. The simple fact of the matter is that we simply cannot go on spending the way we have been, and Barry makes it very clear that he intends to spend this country right into bankruptcy! That IS his goal here!
Barry is a liar, plain and simple. And he has made it very apparent, and on more than one occasion, that he will lie to get anything, and everything that he wants. Such was the purpose behind Barry's arrogant chastising of those Republicans who have said that they would vote to extend current spending levels or to increase the nation's debt ceiling only if Barry delays putting in place his healthcare law, which is a condition Barry has rejected. Others say that scheduled spending cuts should stay in place to reduce the deficit, while Barry wants his "sequestration" cuts reworked. So while Barry sees no need to 'compromise' himself, he now demands that Republicans do so!
Barry reiterated his refusal to negotiate with Republicans over the debt ceiling. And he called on Congress to "pass a budget without drama." Without drama? Just where the Hell does this asshole get off? And the White House's National Economic Council on Sunday issued a joke of a report detailing those policies that it claims have 'helped' put the economy on a path toward growth. Those steps range from the unpopular Troubled Asset Relief Program, or TARP, that shored up the financial industry and bailed out auto giants General Motors and Chrysler, to the bogus $800 billion stimulus bill to sweeping new bank regulations. None of which accomplished anything.
Nearly all of the policies that have been put in place by Barry and his cadre of socialists have resulted in doing nothing more than to make what was an already bad economic situation, far worse. The most obvious result was the fact that the credit rating of this country was lowered for the first time on our nation's history! And then, making it obvious that he must reside in some alternate universe, we had Gene Sperling, a top Barry adviser and director of the National Economic Council, actually say that Barry's policies "have performed better than virtually anyone at the time predicted." What the Hell has this guy been smokin, snortin or shootin up? Because that's just plain nuts!
Despite the nauseating level of propaganda, the public remains unconvinced that the economy is on the mend. Only one-third say the economic system is more secure now than in 2008, and 52 percent say they disapprove of Barry's handling of the economy, according to a Pew Research Center poll. There is still plenty of pain to justify their pessimism. Despite job growth, the unemployment rate remains high at 7.3 percent. But we all know that the real unemployment rate is somewhere around 17 percent. And though the rate has fallen, one of the primary reasons for that is the fact that 10 Million people have dropped out of the labor force and are no longer counted as job seekers.
The share of unemployed workers who have been unemployed for more than six months is more than double what it was in 2007 before the recession began. And the income gap between the very rich and the rest of the population is the biggest since 1928. What's more, some banks that received government aid because they were deemed "too big to fail" are now bigger than they were in 2008, although they are smaller as a share of the economy than the largest banks in other big economies. Three years after Barry signed a sweeping overhaul of lending and high-finance rules, execution of that law is behind schedule. Which should come as a surprise to no one!
Anxious to make his case with the public, Barry has set out to create fictional signs of progress. Barry wants to reverse automatic spending cuts that kicked in in March, but at the same time he has said he will not negotiate with Republicans over the nation's debt ceiling. His remarks have hinted at a potential constitutional confrontation with Republicans. Section 4 of the 14th Amendment says that "the validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned." I love how Barry rather selectively supports our Constitution.
Since first coming into office Barry, in his effort to buy votes for his party, set out to purposely run up our debt to what can only be identified as being an astronomical amount, and he now demands that we the taxpayers be made to cover the cost of his vote buying spree. But unfortunately, it goes beyond what we ourselves could ever hope to cover. So that responsibility will fall to our children and grand children. Freedom loving Americans are being forced to hand over more and more of their hard earned money to our societies leeches and parasites who are only to happy to vote for slimy, unethical and corrupt politicians like Barry. The madness has to be brought to an end!
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