Spending your way to debt bondage

In the sea of self-righteous proclamations by Democrats in Congress to wait for the new Republican Senator from Massachusetts before engaging in further healthcare debate, the same induhviduals have carefully neglected to discuss the real elephant in the room. Namely the national debt.

The reason is now obvious. Harry Reid and company clearly wanted to pass the biggest increase in the national debt ever, and saying that they would wait for Brown on such a key issue would have made them liars.

So there it goes, a $1.9 TRILLION dollar addition to the national debt, care of the Democrat Senate.¹ The vote was on party lines, 60-40, and would have failed had Reid waited another few days.

To put this number in perspective, it represents about 53% of the 2010 federal budget, as submitted by the biggest spender ever to occupy the White House. It also increases the national debt by a whopping 15%, the biggest percentage ever, in addition to by far the biggest absolute value ever. And it increases the direct national debt to $45,000 for every American man, woman and child.

This vote by the Democrat controlled Senate shows that Democrats with Harry Reid at the helm take issue with Brown, who might have taken away their credit card and impacted their freespending habits. Should the Democrat controlled House concur that the credit card limit should be raised by this whopper, the Democrats lead by Reid, Pelosi and Obama will be free to spend their way into the worst possible future for the American people. Namely debt bondage.²

© 2010, Pontificus. All rights reserved.

Budget Deficit, Campaign Promises, Economy, Ethics, Government takeover, Healthcare, Integrity, National debt, Obama, pelosi, reid, Social Security, Unemployment Hide

What Obamacare Means For You

Obamacare

• The Efficiency of the Postal Service
• The Sustainability of Social Security
• and all the Compassion of the IRS

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© 2009, Pontificus. All rights reserved.

Budget Deficit, Economy, Government inefficiency, Government takeover, Healthcare, Medicaid, Medicare, Obama, Social Security, Unemployment Hide

Government can run healthcare best, right? Afterall, with Social Security, Medicare and Medicaid they’ve had plenty of time to learn from past successes and failures, and not repeat them again, right?

Regardless of your personal opinion, the following video should provide plenty of additional facts to go with the discussion.

Source for the video is a blatantly opinionated, but factual¹, Center for Freedom and Prosperity Foundation.

© 2009 – 2010, Pontificus. All rights reserved.

Budget Deficit, Government inefficiency, Government takeover, Healthcare, Medicaid, Medicare, Social Security Hide