URGENT UPDATE: Jump to the end of the article.
Confession: I had the ‘opportunity’ to meet John Boehner at a small private gathering – 40 folks maybe, including the Secret Service agents. Most of the ‘Republicans’ in the room were hanging on his every word, cheering Boehner’s painfully obvious insincere promises. Perhaps most apparent was the good-cop-bad-cop routine at play – in cahoots with Obama. As-In, their mutual agreement to attack one another during the week – to keep ‘main’stream media operational – then golf together on weekends.
Pure political theater.
The Result: Shortly thereafter I launched Sad Hill News, recognizing yet another Neoconservative puppet – one that cries a lot – was going to hand future Democrats, Liberals and Communists absolute justification to blame a Republican-controlled House of Representatives for the most expensive, debt-incurring term in US History.
Yes, Obama is just as much to blame. But consider this… Obama and Boehner are nothing more than symptoms. Symptoms of what ails AmeriKa.
There is not a day that goes by where I am able to fathom or comprehend the resolve and seemingly endless patience of the American people. But. At what point does this so-called resilience and tolerance become sheer stupidity?
Historic Spending Achievement Under Obama and Boehner
(Dave Blount) Under his [Obama's] leadership, the current Congress has dug the country more deeply into debt than the first 97 Congresses combined. What makes this particularly impressive is that Congress is controlled by alleged Republicans:
Obama And Boehner Engineer 1.6 Trillion Debt In 15 Months – More Than Previous 97 Congresses Combined
(CNS) In the fifteen months that the Republican-controlled House of Representatives — led by Speaker John Boehner — has effectively enjoyed a constitutional veto over federal spending, the federal government’s debt has increased by about $1.59 trillion. …
The approximately $1.59 trillion in new debt accumulated since the Republican-controlled House gained a veto over federal spending legislation is more than the total increase in the federal debt between 1789, when the first Congress convened, and October 1984, when the 98th Congress was nearing the end of its second session. …
All of the debt accumulated by the federal government throughout the history of the country did not exceed $1.588 trillion until October 1984.
Under the Republican-controlled House, the federal debt has been increasing at an average pace of about $105.9 billion per month.
When the day of reckoning comes, and the entire economy collapses like a house of maxed out credit cards, the media will see to it that the GOP gets most of the blame. Thanks to the RINOs that Republicans continue to tolerate, much of it will be deserved.
UPDATE (06.05.2012): “But… but nobody warned us!”
Federal Debt Will Double In Less Than 15 Years
(Wash Times) The federal government is staring at a disastrous fiscal picture with debt approaching 200 percent of GDP within two decades if Congressdoesn’t change course on spending and taxes, according to the latest analysis by the Congressional Budget Office released Tuesday.
CBO said it’s the worst picture since a brief period during World War II when spending ballooned to fund the military campaign.
“In the past few years, the federal government has been recording the largest budget deficits since 1945, both in dollar terms and as a share of the economy. Consequently, the amount of federal debt held by the public has surged,” CBO said in a long-term budget outlook that paints a shockingly dark picture of government finances.
CBO’s analysts said the downturn and Congress’s response to it have been devastating for the government. Federal debt as a percentage of Gross Domestic Product — a standard measure of a government’s debt burden — stood at 40 percent at the end of 2008. But it will top 70 percent by the end of this year, and is only headed higher unlessCongress changes. It could double by the middle of the next decade and will have topped 200 percent of GDP — twice the size of the projected U.S. economy — by 2037.
At that level, fiscal catastrophes are more likely, and the government’s ability to respond becomes far more constrained.
The problem with America, is ‘Americans’: HERE
US Debt rises $162 billion in 3 days: HERE
Boehner cuts $38.5 billion budget ‘deal’ — Are you kidding me?: HERE
Debt deal?! But compromise is what got us into this mess: HERE
Ben Bernanke interrogated: HERE
US Debt Clock in real time: HERE
US Government is bankrupt: HERE
Bankruptcy declaration for states sought — QUIETLY: HERE
Communist AmeriKa accurately predicted in 1958: HERE
2006 Obama, ‘I voted against raising the debt ceiling’: HERE
Obama’s Communist Playbook – published by General Motors: HERE
American Holocaust: Obama defends ‘the right’ to exterminate 54+ lives: HERE
Our nation cannot survive treason from within: HERE
Liberty slips away – a brief history: HERE
Hat tip: Moonbattery
Dedicated to: Erik R