Daily Archives: August 30, 2011

National debt increasing so fast you can’t even write it down

August 2, 2011, Obama signed the law allowing the federal debt ceiling be raised from $14.3 trillion dollars to $16.7 trillion dollars.

This is less than a month later, August 30, 2011, and the debt is increasing so fast you can’t even write it down. 

Won’t be long before it reaches $16 trillion and they will want to raise it again.  That’s guaranteed.


Posted:  08.30.11 @ 2:01 p.m.


Filed under Financial Crisis, politics

Kash for Klunkers Krueger to lead the way to recovery

Critics say Krueger is merely another Ivy League Keynesian with no real world experience. Others claim he’s just another socialist attempting to duplicate the sinking European socialist economy, and he will further damage the Obama administration and the United States.

President Barack Obama on Monday morning in a brief press announcement in the White House’s Rose Garden, with Alan B. Krueger standing beside him, introduced nominee Krueger as a top member of the Council of Economic Advisors.

“I’m very pleased to nominate Alan Krueger to chair the Council of Economic Advisors,” Obama said.

🙂 All is well now. Brain dead Obama doubling down on his failures. It’s hard to even conceive of the depth of the incompetence of this man (or is he just dumb?) I can hardly wait for his droning rehashed speech.

I am just going to try to pretend he doesn’t exist until we can get rid of him in 2012.  Hope he just goes on vacation for the remainder of his term.

Krueger wholeheartedly supports “a future consumption tax to fix today’s economy,” as well as a higher minimum wage, which he claims does not depress employment.

During his time in Washington, Krueger advocated a number of big-ticket, government programs, including the HIRE Act, the Small Business Lending Fund, Build America Bonds and the Car Allowance Rebate System, or “Cash for Clunkers.”


🙂  President Obama required two heavy-duty teleprompters on Monday during a three-minute speech in which he nominated Alan Krueger to serve as chairman of his Council of Economic Advisors.

(See picture)  http://legalinsurrection.com/2011/08/i-never-realized-there-was-such-a-thing-as/

Posted:  08.30.11 @ 8:25 a.m.

Leave a comment

Filed under Barack Obama, Financial Crisis, Humor, politics, President Barack Obama, Uncategorized