From $1 trillion in debt
to $4 trillion in debt in six weeks
event
description
Punch Drunk?
Obama said he believes the
global financial system remains at risk of implosion with the failure of
Citigroup or AIG, which could touch off "an even more destructive
recession and potentially depression."
His remarks came in a"60
Minutes" interview in which he was pressed by Steve Kroft for laughing
and chuckling several times while discussing the perilous state of the
world’s economy.
"You're sitting here. And you're -- you are
laughing. You are laughing about some of these problems. Are people
going to look at this and say, 'I mean, he's sitting there just making
jokes about money' -- How do you deal with -- I mean: explain. . ." Kroft
asked at one point.
"Are you punch-drunk?" Kroft asked.
"No, no. There's gotta be a little gallows humor to get you through the
day," Obama said, with a laugh.
Watch the
entire interview
here. On the long version, Obama refers to terrorists as
"those folks?"
Note:
There are web reports that You Tube keeps taking this down every single
time someone puts it up, so if you get a 404, come back later.
I'll find another copy.
Obama Budget Will Bankrupt U. S.
Sen. Judd Gregg of New
Hampshire, the top Republican on the Senate Budget Committee,
says
Obama's massive budget proposal will bankrupt the country.
The
senator said Obama's spending plan in the midst of a prolonged recession
would leave the next generation with a country too expensive to live in.
Rangel's Refreshing Honesty
Rangel Says Obama Budget is About "Changing Our Way of Living in
this Country" (00:35)
Powerlessness
I feel utterly powerless to do
anything about the fellow in the Oval Office who combines infantile
leftism and adolescent grandiosity in roughly equal measures. It
seems to me that every day he is responsible for assaults on the freedom
and well being of the American people. I can't keep up and I can't
stand to pay attention.
His aim seems to be to reduce us to
government dependents. His inattention to rehabilitation of the
financial system in lieu of vastly expanding the size and scope of the
government is a dead giveaway, as is his lack of concern over the vast
destruction of wealth his policies are working (and will continue to
work).
Perhaps most depressing to me is the manifestation of his
adolescent grandiosity in his stewardship of foreign policy and national
security. He doesn't understand that the government of Iran is
intent on acquiring nuclear weapons it can put to evil purposes. He
thinks he can sweet-talk them out of achieving this objective.
He doesn't understand that the government of Iran is a tyranny that
oppresses the Iranian people. He thus addresses the mad mullahs as
though they represent the people of Iran.
Contrast the new
year's messages to the Iranian people promulgated by James Kirchick (the
25-year-old assistant editor of the New Republic) and of Shimon Peres
(the 85-year-old president of Israel) with Obama's palaver. By
contrast, the president of the United States is disgracing us.
Get a clue, man! The mullahs who rule Iran with an iron fist hate
you and everything you represent. They hate you in part because
they view you as an apostate. They hate you in part because you
represent the United States. They hate you in part because you
represent the American people. They don't hate us because
President Bush didn't talk nice to them!
Make no mistake.
The mullahs love the weakness and stupidity that President Obama
transmits at ear-shattering levels in his message to them (and in his
earlier Al Arabiya interview). They rebuff his advances because
they know he will only treat their rebuffs as reasons to pursue them
with renewed ardor.
Obama believes his cluelessness represents a higher wisdom.
According to a
report
on a Dari-language website, a Taliban spokesman has described Obama’s
proposal for peace talks with moderate Taliban as irrational.
Justice Department to San Francisco Police: Shut Up!
Allegations
that Obama's pal Bill Ayers was
involved in the murder of a San
Francisco policeman appear to be running into something of a gag order
from at the Department of Justice.
According to the San Francisco
Chronicle, the Justice Department and the San Francisco Police
Department have contacted the San Francisco Police Officers Association
and told them not to talk about the Ayers case.
