Archive for the ‘Economy’ Category

I know that Barack Obama thinks that the most irresponsible thing a business can do is to have a convention in Las Vegas. Even though, it’s one of the most cost-effective places to have a convention.

He also expressed his disdain to people who are spending money in Las Vegas when they should be saving.

Well, Mr. President, Aimée and I had the opportunity to attend a convention in Las Vegas. We appreciated it so much, that we took a few extra days and made it a vacation. I expect that President Obama would be dissapointed.

I can honestly say, that we don’t care. We’re having a great time. Las Vegas has been a wonderful host city and the people have been wonderful.

Sorry, Mr. President…….YOU-R-WRONG!

You weren't using this were you?

Let’s look at a little history of our National Debt. From 1950 until 1982 we amassed a debt of almost one trillion dollars. Ronald Reagan managed to double that debt. He took a great deal of flack for increasing that debt.  When Reagan left office our National Debt was 2.6 Trillion dollars.

George Bush Sr. went to war and doubled that debt. Bill Clinton, has a great record with the national debt. He added 1.6 trillion dollars to the debt in his 8 years. He left office with a 5.6 Trillion Dollar debt.

Then comes the Bush Administration. In 8 years they managed to take the National Debt from 5.6 Trillion dollars to 10 Trillion dollars. That’s an increas of 4.4 Trillion dollars in 8 years. We were horrified and rightfully so.

The Democrats capitalized on this and used it as a major push to take control of Congress and the Presidency. The Republicans had lost their minds and forgot that they are supposed to be fiscally conservative. And they paid the price. The Democrats promised responsible spending.

And here we are today. In one year, Barack Obama and the Democrats have increased the National Debt to 11.9 Trillion dollars. That’s a 1.9 Trillion Dollar increase in 1 year, the largest 1 year increase in history. George W. Bush, who did more damage to the debt than any President in history increased the debt by 4.4 Trillion dollars in 8 years. Barack Obama has increased that by half in one year and Democrats are about to increase the debt limit another 1.8 Trillion dollars. That puts them extremely close to the Bush Administrations borrowing over 8 years. This is better how?

This unchecked borrowing has to stop. This country is bankrupt and they want to keep borrowing and keep spending. Our Government is running this country the way Michael Jackson was running Neverland. The only difference is instead of pain killers, they are addicted to Pork.

The elections of 2010 need to not be about party, but fiscal responsibility. We need to use a phrase coined by, of all people, Bill Clinton. “It’s the economy, Stupid!”