Google Custom Search

Wednesday, May 12, 2010

ALERT! DEFICIT IS NOW 4 TIMES HIGHER IN ONE YEAR THAN ANTICIPATED!

The dire warnings of 'alarmists' such as myself are now coming to fruition.  The spending spree of the Obama Administration has now resulted in a skyrocketing deficit, soaring to 4 times the previous amount IN ONE YEAR.

Via Matt Drudge, Reuters has the story.

The key quotation:

The United States posted an $82.69 billion deficit in April, nearly four times the $20.91 billion shortfall registered in April 2009 and the largest on record for that month, the Treasury Department said on Wednesday.
Obama is spending us into oblivion.  So, how are we going to pay for ObamaCare and Cap and Trade, and all of the other Marxist government spending programs he envisions in his 'brave new world'????

4 comments:

Rev. Paul said...

How will we pay for it all? Why, we're too big to fail - didn't you know? We'll just join with our European friends and all be one big, happy New World Order. (/sarcasm off)

I believe that God-fearing conservatives can still retrieve what's left of this nation, but it's going to be a very near thing.

Welshman said...

We can't possibly pay for it all. And even as the U.S. circles the economic drain, we are helping to bail out Greece and Europe! We contribute to the IMF, which will use billions of our tax dollars to go to bail out the Socialists in Greece and the EU who obviously don't care that they can't pay for their massive and pervasive government programs.

Yes, we can still save the country, but the window of opportunity is quickly closing...and unfortunately, if we continue to elect people to Congress like Pelosi, Graham, Leahy, Frank,and several hundred other crooks in the institution, then even an election in November won't save us!

Patrick Sperry said...

The socialist will take the easy way out IMO. As in devalue the dollar, and just print more, and declare the problem solved.

These are dangerous times indeed, and I for one think that it will not be something that can readily be saved. I really believe that there will be some form of a balkanization and subsequent break up of the nation. Let us all hope and pray that it will be bloodless.

Welshman said...

Patrick--if there is a complete breakdown and collapse, there is no way it will be bloodless. The Left will merely use the crisis to implement strict controls on the populace, along with global governance (not global government--the 2 are not the same). In that scenario, the Patriots will resist, with arms.