Sunday, June 27, 2010

G20: Euro Leaders Tell Obama To 'Stuff It' On Deficit Spending

European leaders at the G 20 summit in Toronto, agreed to reduce spending and "committed to fiscal plans that will at least halve deficits by 2013 and stabilize or reduce government debt-to-GDP ratios by 2016," according to the joint statement. This in sharp contrast to Obama's competing letter that proposed increased spending to avoid budget consolidation that he believes would "undermine confidence and hamper growth."

Didn't the Senate just vote down a $35 billion dollar stimulus package, due to it being unfunded and was not deficit neutral? Did not Michael Mullen, the current Joint Chiefs of Staff just declare that the national debt was a security threat? It is now very evident that reason and facts no longer hamper our president in pursuit of achieving his great agenda. Along with the nation's debt, Obama's economic policies themselves are now becoming a national security threat to the country.

This administration's illogical, irresponsible and unjustifiable spending policies are now seen for what they truly are and have now even been rejected by Europe's leaders. Europe is now telling Obama, that they have lived the socialist's dream; and it is a nightmare that is leading them to financial ruin. But all of that doesn't matter to Obama. Is it because Obama is following the Cloward and Piven strategy to bring radical change by ushering in unsustainable demands on the governmental system's infrastructure? This seems to be the case. Our only hope of reversing this destructive Marxist's path are the upcoming November elections. While we can't as yet vote this America hating bum out; we can render him powerless by taking over both houses of Congress. The world is now beginning to see Obama for what he is and mercifully, his days appear to be numbered.