Blindside – Obama and Dems See Only More Taxes, More Spending

January 7, 2013 11:36

A fiscal collapse is now inevitable. Despite his past rhetoric about irresponsible debt, Obama has no plan nor even the desire to curb spending and reduce debt. The debt death spiral is only a few years away from consuming all revenues the government takes in. Taxing everyone 100% will not solve the problem. Obama does not even recognize that there is a spending problem. His Marxist ideology blinds him to reality. Math is too hard for him. Meanwhile we are being crushed between the millstones of taxation and inflation.

“The way to crush the bourgeoisie is to grind them between the millstones of taxation and inflation.” — Vladimir Ilyich Lenin, Communist dictator


Also please consider:

Obama on debt in 2008

Debt quotes

Fed’s holding of US debt up 452% under Obama

Rubio: “Do people back home fully understand”

CBO: spending binge endangers our children’s future

Dangers of Government Dependency – Econ 101

Sen. Dirksen Left Vs Right in 1964

CBO Agrees: Less debt, lower tax rates good for economy, jobs & growth

Leftists call for more of the same – spending and debt

Potential Victories for Individual Rights in 2012

Please Excuse My (Failed) President

Obama campaign panicking over bad economic news – “not a single idea” – Krauthammer

On Shills, Technocrats, Politicians and the Sinking Ship

Economy tanking under Obama

You lie! Krauthammer: Obama spending claim “unbelievable distortion of the truth”

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