582.) The United States of America has, for a long time now, had an addiction to spending, President Obama has taken this addiction to new extremes. Our national debt has sky rocketed because of his wreakless spending. He doesn’t care about wether or not the country can pay off the debt that he is racking up, he will just barrow it from China. Well it seems now that China now telling the United States to fix its spending habits. So what is the plan now President Obama, you’ve made us a slave to a forgin power who owns our debt, what do we do now? Do you cut spending now, are insist that you can continue going forward with this spending spree?
583.) President Obama said that unless we raise the debt ceiling we would loose our triple A credit rating. I guess he was wrong.
584.) President Barack Obama’s treasury secretary Timothy Geithner, the man who can’t figure out how to use turbo tax, said in april of 2011 that there was no risk of the United States losing its triple A credit rating. He said this in a conversation that went something like this, “Peter Barnes “Is there a risk that the United States could lose its AAA credit rating? Yes or no?” Geithner’s response: “No risk of that.” Barnes then asked, “No risk?” Geithner responded by again saying, “No risk,” yet the man gets to keep his job, and has no intention of stepping down. It is Amazing that the President is not calling for him to step down, oh well it must be because he is overly qualified and it would be a shame to lose his genius mind…
585.) So the stock market is tumbling, the faith in the economy is all but spent, and our President is going ahead with plans for a week vacation at martha’s vinard. A great example of his leadership, things get hard, he blames either George W. Bush, the Banks, or the Tea Party, then he runs away.