Obama – the -$10 Trillion Dollar Man

 Considering the most epic financial fail in history, we have to give this one to our President, Barack Obama.

Obama Debt SpendingPresident Obama has run up the U.S. debt more in 4 years, than ALL OTHER U.S. PRESIDENTS COMBINED! Yes, we’ve had quite the downturn in the economy that he’s had to deal with. But that doesn’t excuse the President being okay with wasting our (and our children and grandchildren and great-grandchildren, etc.) financial future for more years that we can imagine.

With dirt-bag decisions to do things like give a half a $BILLION of OUR money to Solyndra, and watch them waste it away, squandering it on a huge, elaborate building with more perks built in than the Taj Majal, is just lunacy (not even to mention that it’s a buddy of his that donates to his campaign).

If Solyndra were a REAL business that got money the way businesses SHOULD get money (i.e. investors), they would NEVER have been able to waste it like they did. Only the federal government is that inept at holding anyone accountable for being smart with the taxpayer’s money.

But even all that pales in comparison to the total damage done to our future by spending SO MANY TRILLIONS we don’t have, and won’t have for generations.

Not to mention the 1st time in history the U.S. took a hit on our credit rating. Imagine, the greatest country in the world, that brought the world industry, the greatest inventions, independent wealth like never before seen. Now we’re just another country that will NOT be able to climb out of the mountain of debt unless.

To get a sense of how bad the damage is, check out this video from Tony Robbins on our National Debt and where we are today.

The Quote of the Decade:
“The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure. It is a sign that the US Government cannot pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government’s reckless fiscal policies. Increasing America ‘s debt weakens us domestically and internationally. Leadership means that, “the buck stops here.’ Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership. Americans deserve better.”

Senator Barack H. Obama, March 2006

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