President Obama calls his own actions unpatriotic
“The problem is, is that the way Bush has done it over the last eight years is to take out a credit card from the Bank of China in the name of our children, driving up our national debt from $5 trillion for the first 42 presidents – #43 added $4 trillion by his lonesome, so that we now have over $9 trillion of debt that we are going to have to pay back — $30,000 for every man, woman and child. That’s irresponsible. It’s unpatriotic.“
Oh when did he say this you ask? July 3, 2008 as Candidate for President.
The problem with campaign speeches is that they can come back and bite you in the butt.
"When Barack Obama took the oath of office twice on Jan. 20, 2009, CBS' amazing number cruncher Mark Knoller reports, the national debt was $10,626,000,000,000.
That means the debt that our federal government owes a whole lot of somebodies including China has increased $4,247,000,000,000 in just 945 days. That's the fastest increase under any president ever."
The Treasury Department reports that President Obama has also added $4 trillion to the debt… in just 2 1/2 years: So was it just campaign rhetoric or was Obama just giving the facts?
Oh one other big bite to take:
“I will be held accountable,” Obama said. “I’ve got four years and … A year form now, I think people are going to see that we’re starting to make some progress, but there’s still going to be some pain out there … If I don’t have this done in three years, then there’s going to be a one-term proposition.”
Well Mister President you have three more months to get it fixed and the clock is ticking.
TICK TOCK TICK TOCK