« The Very Best of Hands: Two SEC Lawyers Under Investigation By FBI for Possible Insider Trading | Main | Troll Welcome Thread! »
May 14, 2009

Laying the Predicate: Obama Admits Long-Term Debt "Unsustainable"

And something, it seems, will have to be done about that.

He's talking up "spending cuts" even as he spends more and more. And he's selling his universal health care rationing program as some kind of savings, because, somehow, this will drive costs down. Or somethin'.

I think we sort of know where this is headed. He's going to pull the old con man/manipulative move of talking around a possibility, until it ultimately starts occurring to people "Hey, maybe we need to raise taxes on ourselves!"

At which point Obama will exclaim, "Wow, what an interesting idea! I had never even pondered the possibility of such an idea so much as entering my mind until you said it just now. But now that you mention it... Golly Gee Willickers, that sure seems to make a tremendous amount of sense! Sorta cuts the Gordian Knot right in half with a decisive chop, doesn't it? You really are a very smart person, you know that? Here, have a cookie."

President Barack Obama, calling current deficit spending “unsustainable,” warned of skyrocketing interest rates for consumers if the U.S. continues to finance government by borrowing from other countries.

Shut up, really?!

“We can’t keep on just borrowing from China,” Obama said...

The deuce you say. That's just crazy-talk, that's what that is.

“We have to pay interest on that debt, and that means we are mortgaging our children’s future with more and more debt.”

No. Dude, just no. The words you're saying just make no sense when assembled in this order.

Holders of U.S. debt will eventually “get tired” of buying it, causing interest rates on everything from auto loans to home mortgages to increase, Obama said. “It will have a dampening effect on our economy.”

What? Profligate spending and ruinous borrowing might dampen our future economic growth?

I want to say "Blasphemy!," but somehow that word seems inadequate to express my horror at these vile heresies. Is there a word that means both "blasphemy" and "mutant genital pustules that have evolved a malevolent cunning and a hunger for human flesh"?

Because that's the sort of word I'm grasping for here.

We on the right are so dumb we of course could not possibly have foreseen this before Lord God Obama explained it to us.

...

Two weeks ago, the president proposed $17 billion in budget cuts, with plans to eliminate or reduce 121 federal programs. Republicans ridiculed the amount, saying that it represented one-half of 1 percent of the entire budget. They noted that Obama is seeking an $81 billion increase in other spending.

Stupid tea-bagging racists, "noting" stupid stuff like that.

Thanks to JackStraw.


digg this
posted by Ace at 07:54 PM

| Access Comments




Recent Comments
grammie winger - Cubs are gonna suck again: "Nightmare stuff. ..."

Dave the Octopus: "Bob Berdella was a gay serial killer who killed th ..."

Tami[/i][/b][/s][/u]: " It's generally not a good idea to shove stuff up ..."

Boulder terlit hobo: "[i]"senescent" is also a new word courtesy of Mist ..."

pookysgirl says GO DODGERS GO!: "I'd forgotten how much of a drawl Timmy has. Still ..."

garrett: ">>Bob Berdella was a gay serial killer who killed ..."

publius, the Persistent Poperin Pear: " Hmmphh, you learn something every day. "Teled ..."

grammie winger - Cubs are gonna suck again: "Posted by: Steve and Cold Bear at October 20, 2017 ..."

gNewt: "Bright, fresh, illuminating, WD at ONT. ..."

A Penguin: "There is actual acreage going to waste in Antarcti ..."

kallisto: ""senescent" is also a new word courtesy of Mister ..."

grammie winger - Cubs are gonna suck again: "Ha! Wish I could see it. Was it pretty! ..."

Recent Entries
Search


MuNuvians
Polls! Polls! Polls!
Frequently Asked Questions
The (Almost) Complete Paul Anka Integrity Kick
Top Top Tens
Greatest Hitjobs

The Ace of Spades HQ Sex-for-Money Skankathon
A D&D Guide to the Democratic Candidates
Margaret Cho: Just Not Funny
More Margaret Cho Abuse
Margaret Cho: Still Not Funny
Iraqi Prisoner Claims He Was Raped... By Woman
Wonkette Announces "Morning Zoo" Format
John Kerry's "Plan" Causes Surrender of Moqtada al-Sadr's Militia
World Muslim Leaders Apologize for Nick Berg's Beheading
Michael Moore Goes on Lunchtime Manhattan Death-Spree
Milestone: Oliver Willis Posts 400th "Fake News Article" Referencing Britney Spears
Liberal Economists Rue a "New Decade of Greed"
Artificial Insouciance: Maureen Dowd's Word Processor Revolts Against Her Numbing Imbecility
Intelligence Officials Eye Blogs for Tips
They Done Found Us Out, Cletus: Intrepid Internet Detective Figures Out Our Master Plan
Shock: Josh Marshall Almost Mentions Sarin Discovery in Iraq
Leather-Clad Biker Freaks Terrorize Australian Town
When Clinton Was President, Torture Was Cool
What Wonkette Means When She Explains What Tina Brown Means
Wonkette's Stand-Up Act
Wankette HQ Gay-Rumors Du Jour
Here's What's Bugging Me: Goose and Slider
My Own Micah Wright Style Confession of Dishonesty
Outraged "Conservatives" React to the FMA
An On-Line Impression of Dennis Miller Having Sex with a Kodiak Bear
The Story the Rightwing Media Refuses to Report!
Our Lunch with David "Glengarry Glen Ross" Mamet
The House of Love: Paul Krugman
A Michael Moore Mystery (TM)
The Dowd-O-Matic!
Liberal Consistency and Other Myths
Kepler's Laws of Liberal Media Bias
John Kerry-- The Splunge! Candidate
"Divisive" Politics & "Attacks on Patriotism" (very long)
The Donkey ("The Raven" parody)
News/Chat
Archives
Powered by
Movable Type 2.64