"The most significant threat to our national security is our debt," Admiral Michael Mullen, Chairman, Joint Chiefs of Staff, August 27, 2010


Monday, January 21, 2013

The Obama Legacy - DEBT

 We watched the fellow with the “message and media” company on TV the other day and could not help but observe how silent he was – the others around him were vocal and vibrant – offering more “inside the beltway” nonsense about this and that and other foolishness that has no relationship with any American actually working or trying to work or saving money or raising children or taking care of aging parents.

The propagandist Axelrod was very quiet – and it does not take a lot of deep realization to realize why – the second batch of four years has begun and “hope and change” may still pass over his lips but, unless you are a big fan of mayors Daley and Emanuel and congressman Pelosi and governor Christie, you know that the game is over – he, their glorious leader, Obama, should have exited and not done years 5 – 8.

Years 5 – 8 will be a disaster.  Yes, mom and dad and grandma and grandpa; a frigging, unmitigated, full blown, up to his ears, failed presidency.

No one will hang on the affordable care act or the gays in the military enlightenment or joy, to the world, boys can marry boys and girls can marry girls – oh, hallelujah, deliverance is upon us.  Sorry, coalition of the wanting – you may even yourselves be a tad surprised at how this nonsense disappears in the face of burgeoning, burdensome, overwhelming debt.

The child Axelrod was thinking – you could see his withdrawal and his ponderance, about the simple fact that change and hope or vice versa is just rhetoric – debt is permanent, lasting, and very, very much on the minds of the adults  who have to deal with it tomorrow and the day after.  You see these foolish men and their myopic economists will move on but they will not be taking the debt with them.

Debt does not rise above itself on the wings of hope and debt does not disappear in the winds of change.  Debt is a real stinker and all Axelrod and his boss have to offer is four more years of rising, geometrically, ever-rising debt.  And even the child Axelrod knows he is in trouble with the few remaining adults in the room who will have to deal with the debt.

They have not fixed one problem in the American economy – not one.  They have not saved the automobile industry or the banking industry or made the waters safe for middle class Americans to invest and compete.  They have talked as if they have but the only remaining residue of their four years about to become the seemingly endless fifth year followed by six and seven and then finally eight is –

 

DEBT

They have spent, borrowed and printed us into the chains of debt while others have cut back; rebuilt their economies and actually encouraged wealth creation – the simple act of making something.  God love these inaugurated clowns because the historians sure as all heck will not.  We think you will be seeing much less of Axelrod in the months to come.  Obama may find himself escaping to the golf course or Hawaii or wherever, whatever.  But one thing will not be going away – great leader’s legacy – great leader’s droppings – one huge steaming pile of –

DEBT

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