At that date, the debt of the country was $15.4 trillion
compared with $10.6 trillion on the date Mr. Obama took office and swore to
uphold and defend the constitution of the United States.
We never hear Mr. Obama talk about debt. His prioritization of things suggests that debt
is not a concern. His past in Chicago
and Illinois suggest that debt was never much of a concern. He seems
to think outsourcing and his opponents tax returns are a concern. We think, as elected leader of the country,
this debt issue should be the appropriate focal point of his reelection
campaign. We think his opponent needs to
make a very big deal out of debt and the need to stop adding to it.
We have promised our readership to draw attention to the
issue.
Today, the debt is $15.9 trillion. It has risen $500 billion since we published
our post in late February. It has now
risen over $5 trillion dollars in less than four years, since Obama pledged to
uphold the constitution. It is rising,
daily, by $4 billion dollars.
Yet we cannot find or cannot recall any Obama reference to
the $5 trillion added to debt on his watch.
We can find no reference to a plan to repay the debt; much less stop
adding to it. We can find no projection
of what the debt will be at the end of his second term if reelected.
And yet all his minions, the top military guy, the head of
the fed who is actually buying up the debt and his rapidly growing number of
departing key bureaucrats say – the debt is unsustainable.
UNSUSTAINABLE.
From Mr. Obama – “No comment.” No plans. No projections. Nothing.
There is no good word in the English language to describe Mr.
Obama’s dereliction of duty. None. The
deliberate and calculated destruction of a nation’s currency is a crime of
incalculable import to all its citizens.
Even those who are currently benefitting from the crime will ultimately
be destroyed because their children and grandchildren will incur the impact. If we were to ask Bernanke or Obama or any of
the so-called “leaders” who are responsible for this dereliclion of duty how
much debt they personally plan to leave to their children and grandchildren to
repay – we think they would say none.
Which gives you, the reader, all you need to know about the value these
people place on personal and fiscal responsibility and oaths.
We will provide one more “debt” update right before the
November 6th election. Please
demand that the candidates address this issue.
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