President Barack Obama now says it’s time for Washington to tighten its belt. I guess he’s already run out of future generations’ money to spend.
He made a couple good points.
Obama’s administration inherited a $1.4 trillion deficit this year alone. He didn’t mention that budget was passed by congress controlled by Democrats. He added that his administration has found $2 trillion in savings over the next decade. That’s seven years to make up this year’s deficit — not including interest.
Another interesting point, Obama said in the next few weeks his administration will find more than 100 government programs that can be cut or eliminated. How does he know that there are 100 programs? Why not 1,000? Where does he get this number? Is it from his speech writer because it sounds good? If he knows about them now, let’s get moving on them now.
Color me skeptical…
With the economy tanking, government officials are doing their best to put hardworking Americans’ money to work. Those corporate leaders who have driven their companies into the ground need to be saved from the greed and incompetent practices they put into place. South Park explains the process.
How many times can the politicians get this wrong? I don’t know, they’re still working on it.
The bank bailout just keeps getting worse. Maybe the economy would get better if the we let the companies run by incompetence and greed get thinned out.
The Memphis Commercial Appeal newspaper decides to exercise its First Amendment right to publish public information. For no discernible reason — such as the public good — the newspaper publishes a database making it easy to find the names and addresses of concealed handgun permit holders.
Stephen Colbert offers his take on the situation in this segment titled “The Word – Locked and Loathed.”
Who needs those pesky freedoms enumerated in the Constitution? Now we can live safely in a police state once know as the “land of the free and home of the brave.”
