Whoa! This guy (the tax cheat) is verbally announcing that he wants Congress to permanently lift the debt ceiling?
What world is Geithner and his ilk living? The demise of all freedom will befall us if we do not get people like Obama, Geithner and all redistributive, socialists, communist, statists out of office.
Pray for us…we need a miracle.
YiT ~ Shelly
The President of the United States, Barack Obama, gave his first verbal comment on the government subsidized, stimulus funded, “green scam”, to the private company known as “Solyndra”. I will not re-write POTUS’s words, I have merely pasted the words as they were printed in the LA Times. The LA Times did not use the exact language that I heard on the radio from Obama’s own lips; “I am not sorry for the loan to Solyndra!” Excuse me? You’re not sorry? What an outrageous, narcissistic thing to say! $535 billion dollars were loaned to a company that was not financially qualified to repay the loan. $535 billion dollars were loaned to a company who's financial P&L showed that it was more likely that they would go bankrupt by September of 2011, than they would be a financially viable success. $535 billion dollars were flushed away. $535 billion “taxpayer” dollars were wasted on a zero sum gain, that should have either never been spent or used to pay down the debt. What kind of a tone-deaf, buffoon is serving as our Commander-in-Chief?
Sorry for the rant, but some things do require venting.
Yours in Truth, Shelly
In a short but wide-ranging interview, the president spoke for the first time on the collapse of Solyndra, the solar start-up company that got a government-backed loan in 2009.
The question arose shortly after Democrats on the House Energy and Commerce Committee released copies of internal emails in which senior administration officials warned against having Obama visit the company as its financial troubles piled up.
Obama said the loan guarantee program is working well overall, despite the fact that "not every single business is going to succeed."
If the U.S. wants to compete with other countries that are subsidizing "industries of the future," Obama said, the government has to make sure American companies "get a shot" to compete.
"Hindsight is always 20/20," Obama said. "It went through the regular review process and people felt this was a good bet."
A recent conversation with a friend consisted of:
“Don’t you think the Tea Party has kinda screwed things up between the Democrats and Republicans? They used to be able to work things out between each other and now they can’t.”
“The Tea Party screwed things up? The Tea Party didn’t exist while the D’s and R’s created the financial fiasco that’s headed straight for the American taxpayer. A better description of what’s happening is that the Tea Party adults have come into the bedroom of the D’s and R’s, pulled out all of the unpaid bills from under the mattresses, beds, rugs, stuck in toy boxes and any place they could think of to put them out of sight and told the children to clean their rooms!”
Well after that rant I’d like to share this horrific article of what has led and continues to lead this nation into the greatest potential depression ever known. This is not just a problem for our nation, it’s going to be a global problem. Come to think of it, that’s partly how we got here, isn’t it? This article comes courtesy of “The Onion” and I wish to warn you that Bernanke is finally speaking the truth even if it isn’t pretty.
Yours In Truth 
AUGUST 3, 2011 | ISSUE 47•31
The intoxicated Federal Reserve chairman informs bar patrons of the dangers of reckless spending.
Bernanke, who sources confirmed was "totally sloshed," arrived at the drinking establishment at approximately 5:30 p.m., ensconced himself upon a bar stool, and consumed several bottles of Miller High Life and a half-dozen shots of whiskey while loudly proclaiming to any patron who would listen that the economic outlook was "pretty goddamned awful if you want the God's honest truth."
"Look, they don't want anyone except for the Washington, D.C. bigwigs to know how bad shit really is," said Bernanke, slurring his words as he spoke. "Mounting debt exacerbated—and not relieved—by unchecked consumption, spiraling interest rates, and the grim realities of an inevitable worldwide energy crisis are projected to leave our entire economy in the shitter for, like, a generation, man, I'm telling you."
A new resource for the reading challenged; “Econ Stories TV”.
Watch the video and make your own decision about whether or not to add this site to your favorites.
Yours in Truth 
