Comments on: We’re Already Paying for Obama’s Debt Tsunami http://blog.heritage.org/2009/05/04/were-already-paying-for-obamas-debt-tsunami/ Tue, 14 Feb 2012 21:07:16 +0000 hourly 1 http://wordpress.org/?v=3.3 By: Russ in Cleveland TN http://blog.heritage.org/2009/05/04/were-already-paying-for-obamas-debt-tsunami/#comment-31297 Russ in Cleveland TN Thu, 07 May 2009 09:31:16 +0000 http://www.foundry.org/?p=6133#comment-31297 With approximately 62% of the American voting population consisting of minorities, radical left wing idelogues, and welfare recepients it is clearly a problem for conservative government to be reestablished until massive economic negative pressures are exerted on the masses of the voters. Inflation, high interest rates, high energy costs, and high gasolene prices may very well puncture the Obama Popularism Balloon. The problem is how long can the country endure the financial mismanagement as this Administration pursues its goals thru the INSANITY OF MASSIVE DEBT THRUST ON THE SHOULDERS OF OUR CHILDREN AND GRAND CHILDREN. It is true we will begin to see an immediate escalation of inflation, interest costs and energy prices even if the CAP AND TRADE disaster does not pass. The only thing that can be done now is to prepare for the bursting of this BALLOON and hope we have some kind of a leader who can take America back to a path of SANITY. With approximately 62% of the American voting population consisting of minorities, radical left wing idelogues, and welfare recepients it is clearly a problem for conservative government to be reestablished until massive economic negative pressures are exerted on the masses of the voters. Inflation, high interest rates, high energy costs, and high gasolene prices may very well puncture the Obama Popularism Balloon.

The problem is how long can the country endure the financial mismanagement as this Administration pursues its goals thru the INSANITY OF MASSIVE DEBT THRUST ON THE SHOULDERS OF OUR CHILDREN AND GRAND CHILDREN. It is true we will begin to see an immediate escalation of inflation, interest costs and energy prices even if the CAP AND TRADE disaster does not pass.

The only thing that can be done now is to prepare for the bursting of this BALLOON and hope we have some kind of a leader who can take America back to a path of SANITY.

]]> By: Marshall Hill MI. http://blog.heritage.org/2009/05/04/were-already-paying-for-obamas-debt-tsunami/#comment-31092 Marshall Hill MI. Wed, 06 May 2009 10:01:49 +0000 http://www.foundry.org/?p=6133#comment-31092 2010 can spell the end of the LIBS,and turn back the rest of the PORK BILLS! 2010 can spell the end of the LIBS,and turn back

the rest of the PORK BILLS!

]]> By: DON IN ALASKA http://blog.heritage.org/2009/05/04/were-already-paying-for-obamas-debt-tsunami/#comment-30934 DON IN ALASKA Tue, 05 May 2009 13:55:29 +0000 http://www.foundry.org/?p=6133#comment-30934 CUT UP THE CEDIT CARDS , AND PAY THE BILLS!!! THAT IS THE ONLY WAY TO RECOVERY. WHERE IS NEWT AND THE CONTRACT WITH AMERICA WHEN WE NEED HIM ? THIS IS CARTER ON STEROIDS, WE HAVE BEEN HERE BEFORE . WE AS A COUNTRY HAVE LOST OUR WAY , I PRAY THAT SOMEHOW WE CAN FIND OUR WAY BACK . GOD HELP US ALL . CUT UP THE CEDIT CARDS , AND PAY THE BILLS!!! THAT IS THE ONLY WAY TO RECOVERY. WHERE IS NEWT AND THE CONTRACT WITH AMERICA WHEN WE NEED HIM ? THIS IS CARTER ON STEROIDS, WE HAVE BEEN HERE BEFORE . WE AS A COUNTRY HAVE LOST OUR WAY , I PRAY THAT SOMEHOW WE CAN FIND OUR WAY BACK . GOD HELP US ALL .

]]> By: Larry in Texas http://blog.heritage.org/2009/05/04/were-already-paying-for-obamas-debt-tsunami/#comment-30926 Larry in Texas Tue, 05 May 2009 13:27:48 +0000 http://www.foundry.org/?p=6133#comment-30926 On another note of similar tone, the Obamanation will express their desire for us, as SHARE HOLDERS in these bailout drenched and bandaged up industries, to help "OUR" companies out while we enjoy the ownership of our own destiny!!Sounds a lot like what GM/Chevrolet ALWAYS told their employees, look where they are now. I say now is the time to boycott ANY companies that the Liberal Socialist Elite conjure up support for and FORCE them to sink or swim on their own merits. Enough of the Capitolism on the way up and Socialism on the way down. Pick a side and fight like losing will kill you!! It's already costing my future Grandbabies and we're only a hundred days into this fiasco! On another note of similar tone, the Obamanation will express their desire for us, as SHARE HOLDERS in these bailout drenched and bandaged up industries, to help "OUR" companies out while we enjoy the ownership of our own destiny!!Sounds a lot like what GM/Chevrolet ALWAYS told their employees, look where they are now. I say now is the time to boycott ANY companies that the Liberal Socialist Elite conjure up support for and FORCE them to sink or swim on their own merits. Enough of the Capitolism on the way up and Socialism on the way down. Pick a side and fight like losing will kill you!! It's already costing my future Grandbabies and we're only a hundred days into this fiasco!

]]> By: Larry in Texas http://blog.heritage.org/2009/05/04/were-already-paying-for-obamas-debt-tsunami/#comment-30918 Larry in Texas Tue, 05 May 2009 13:08:17 +0000 http://www.foundry.org/?p=6133#comment-30918 It's amazing how some folks suffer the tunnel vision focused on their "own market" concerns. The fact that MY government now owns controlling shares of a money vacuum IS THE PROBLEM! One mortgage point or another, either way or the other aint sinkin' the ship. The fact that these arrogant Liberals think they can now spend MY money by Chicago Rule will be their own downfall and you can take that to the bank. The companies who were the first to hold their palms out and up are the same companies who were sellin' junk or ideas that nobody wanted in the first place, and nothin' Obama does is going to change that image!! Nothing! What these puppets of Nancy "Profit Sharing" Pelosi can't seem to get their heads around is that there is no way that I"ll ever buy any of "THEIR" products, especially after the arrogance they have displayed!! One way or the other the UNIONS will pay for their decades of greed, corruption,deception and strong arming their voting members. Sadly, some hard working Americans will suffer on behalf of the UNIONS and the "Business as USUAL" payoffs they muster from dues paid! OH yea, they'll pay!! They may flop around and bleed all over the rest of us, but they will finally succumb to their self inflicted wounds! Pray for the day America. It's amazing how some folks suffer the tunnel vision focused on their "own market" concerns. The fact that MY government now owns controlling shares of a money vacuum IS THE PROBLEM! One mortgage point or another, either way or the other aint sinkin' the ship. The fact that these arrogant Liberals think they can now spend MY money by Chicago Rule will be their own downfall and you can take that to the bank. The companies who were the first to hold their palms out and up are the same companies who were sellin' junk or ideas that nobody wanted in the first place, and nothin' Obama does is going to change that image!! Nothing! What these puppets of Nancy "Profit Sharing" Pelosi can't seem to get their heads around is that there is no way that I"ll ever buy any of "THEIR" products, especially after the arrogance they have displayed!! One way or the other the UNIONS will pay for their decades of greed, corruption,deception and strong arming their voting members. Sadly, some hard working Americans will suffer on behalf of the UNIONS and the "Business as USUAL" payoffs they muster from dues paid! OH yea, they'll pay!! They may flop around and bleed all over the rest of us, but they will finally succumb to their self inflicted wounds! Pray for the day America.

]]> By: Dennis A. Social Cir http://blog.heritage.org/2009/05/04/were-already-paying-for-obamas-debt-tsunami/#comment-30897 Dennis A. Social Cir Tue, 05 May 2009 12:11:43 +0000 http://www.foundry.org/?p=6133#comment-30897 I remember the carter years and after. Mortgage rate were at an all time high, 15-16%. How well is this going to go over again. Those that do not think inflation is on the horizion are asleep at the wheel. This will stop the country in its tracks. President Regan is all that saved this country from the carter ruin. I remember the carter years and after. Mortgage rate were at an all time high, 15-16%. How well is this going to go over again. Those that do not think inflation is on the horizion are asleep at the wheel. This will stop the country in its tracks. President Regan is all that saved this country from the carter ruin.

]]> By: Keith Jones, AZ, kei http://blog.heritage.org/2009/05/04/were-already-paying-for-obamas-debt-tsunami/#comment-30889 Keith Jones, AZ, kei Tue, 05 May 2009 12:00:50 +0000 http://www.foundry.org/?p=6133#comment-30889 One word: DUH! This isn't rocket science people. A sixth grader with a moderate IQ could tell you this budget and this level of spending are unsustainable. Period. <a href="http://www.keithjonesblog.com" rel="nofollow">www.keithjonesblog.com</a> One word: DUH!

This isn't rocket science people. A sixth grader with a moderate IQ could tell you this budget and this level of spending are unsustainable. Period.

http://www.keithjonesblog.com

]]> By: SMB, Ohio http://blog.heritage.org/2009/05/04/were-already-paying-for-obamas-debt-tsunami/#comment-30885 SMB, Ohio Tue, 05 May 2009 11:56:26 +0000 http://www.foundry.org/?p=6133#comment-30885 I don't see any hope for recovery. The presidency has become nothing more than a buy and sell to the American people. I was amazed when Bush proposed the first bailout and it was passed. I was less so when the second bailout and then the stimulus package was passed. Recognize that the language and the economic poking does nothing more than to encourage the people and their politicians to let go of liberties and freedoms for the illusion of safety. The fear evoking language and demonification of big business in favor of labor unions and entitlement programs does nothing more than start the shift from capitalism to fascism and socialism. Since this is the case, the economic recovery will be illusory and will -unless there is a change in policy- be non-existent. The recovery will come from people being tired out by the government taking what is not theirs to save those who have the 'greatest need'. The recovery will also come from the congress recognizing that their position is tenuous and is directly related to their acquiesence to the people and not the President. I don't see any hope for recovery. The presidency has become nothing more than a buy and sell to the American people. I was amazed when Bush proposed the first bailout and it was passed. I was less so when the second bailout and then the stimulus package was passed. Recognize that the language and the economic poking does nothing more than to encourage the people and their politicians to let go of liberties and freedoms for the illusion of safety. The fear evoking language and demonification of big business in favor of labor unions and entitlement programs does nothing more than start the shift from capitalism to fascism and socialism. Since this is the case, the economic recovery will be illusory and will -unless there is a change in policy- be non-existent. The recovery will come from people being tired out by the government taking what is not theirs to save those who have the 'greatest need'. The recovery will also come from the congress recognizing that their position is tenuous and is directly related to their acquiesence to the people and not the President.

]]> By: Ken St Louis http://blog.heritage.org/2009/05/04/were-already-paying-for-obamas-debt-tsunami/#comment-30872 Ken St Louis Tue, 05 May 2009 11:31:06 +0000 http://www.foundry.org/?p=6133#comment-30872 Its kind of sad in a way, Obama keeps talking about Chrysler merging with Fiat. The word fiat in our dictionary means paper money that isn't backed by anything except the rinting press!!! When governments resort to fiat $ meaning worthless paper $ thats not backed by anything but "the full faith & credit of our government" it usually means that inflation/depression is on the horizon. Also, the day is comin when other countries won't want our worthless paper $ Its kind of sad in a way, Obama keeps talking about Chrysler merging with Fiat. The word fiat in our dictionary means paper money that isn't backed by anything except the rinting press!!! When governments resort to fiat $ meaning worthless paper $ thats not backed by anything but "the full faith & credit of our government" it usually means that inflation/depression is on the horizon. Also, the day is comin when other countries won't want our worthless paper $

]]> By: Doug Miller, Atlanta http://blog.heritage.org/2009/05/04/were-already-paying-for-obamas-debt-tsunami/#comment-30790 Doug Miller, Atlanta Mon, 04 May 2009 20:57:44 +0000 http://www.foundry.org/?p=6133#comment-30790 So, what would you do if you were president? Interest rates are at historic low, anything under 7% is still excellent. The statement that interest rates just under 6.5 would delay the recovery is moot, if there isn't a recovery to begin with. Doug in Atlanta So, what would you do if you were president? Interest rates are at historic low, anything under 7% is still excellent. The statement that interest rates just under 6.5 would delay the recovery is moot, if there isn't a recovery to begin with.

Doug in Atlanta

]]>