Will Obama Force Default Disaster?
July 23rd 2011 01:12
Failure to increase the debt ceiling is only a crisis if President Barack Hussein Obama wants it that way.
In the first place, Obama has created an unnecessary problem by refusing to accept budget cuts and insisting on higher taxes. Obama wants higher taxes because the Communist Manifesto requires a steep, progressive income tax. If Obama gave up his Marxist principles he could accept a budget cut only deal.
Higher taxes would stifle a sputtering economy–at lest that’s what Senator Obama said and Senator Obama was right. Senator Obama knew that raising taxes in difficult economic times is a job killer. Senator Obama also declared that raising the debt ceiling was a sign of failed leadership from the president of the United States and again, Senator Obama was right.
President Obama has threatened to starve seniors, veterans and soldiers while making certain that the millionaires who own our debt get paid. Again, that would be an Obama created crisis. Obama could furlough or even fire 800,000 nonessential federal employees instead. Barack Hussein Obama could also tell the millionaires who own our dept to keep their collective shirts on. We will pay them back. Eventually….
Why can’t Obama let go of 800,000 nonessential federal employees? Marxist principles tell Obama to never shrink the size or scope of government. Obama’s adherence to Marxism is the problem. In fact, it is the only problem.
Finally, Obama could agree to an interim hike in the debt ceiling–if he wanted to avoid a crisis.
“Never let a good crisis go to waste.”
There is a theory among the left that if you put us through enough crises we will beg for our own “dissolution and destruction.” Wonder if that is what Comrade, Chairman, Beloved Leader Barack Hussein Obama is REALLY doing?
After all, if you suddenly found as the financial bard said that your “outgo exceeds your income” before you let your “upkeep become your downfall” wouldn’t you cut back? Wouldn’t you lower your spending? In fact, wouldn’t anyone who wasn’t a communist, or the Nation of Greece, or MSNBC, cut his budget first, before even considering doing something else? But if the Communist Manifesto says that there must be steep, progressive income taxes then that appears to be all Comrade, Chairman, Our Beloved Leader Barack Hussein OBama can see or say.
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