New figures on the deficit have jarred veteran Wall Street economists. The deficit just posted for April was eighty two billion dollars. That’s over twice what the deficit was just last April. Our total deficit for this year alone is projected to be one point five trillion dollars. The total debt of the United States of America is an astonishing twelve trillion nine hundred thirty billion plus dollars.
The 785 billion dollar ‘stimulus’, that was to keep our republic from sinking into the abyss of depression, didn’t. That is, it didn’t do what Obama and the panic gang said it would. It was a huge pile of freshly minted dollars that was carefully, reverently poured down every wrong hole they could find. Predictably, as with most government initiatives, it didn’t take it long to go wrong… not long and very,very wrong. The government invested in itself and not in the American people. Much of the stimulus money hasn’t even been accounted for, and with the typical layers of government deniability and shifting of responsibility, probably never will.
Our government, in the form of the radical Obama regime, advocates and supervises the confiscation of the treasure of the country to pay for massive entitlements, with which to enslave the American people in a self perpetuating cycle of poverty and debt. read more »