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Wednesday, February 16, 2011

The Damage Done

See the chart HERE.

A bit of text and a video below the fold.

Just take this last item: In the last two years we have accumulated national debt at a rate more than 27 times as fast as during the rest of our entire nation’s history. Over 27 times as fast! Metaphorically, speaking, if you are driving in the right lane doing 65 MPH and a car rockets past you in the left lane 27 times faster . . . it would be doing 1,755 MPH!

Hat tip to Mike's America:


What are the chances of America recovering from the damage done?

Also see THIS POST about Obama's 2012 budget over at Mike's America.

13 comments:

  1. We all want Obama out of the White House, and there is no Republican nominee who can beat Obama. Except Paul. The only way to beat Obama is to steal his votes, and the only who who will do that is Paul. Obama only won the election because he got the Independent vote- it was anyone other than McCain/Palin. Independents and Democrats alike love Paul.
    This is a serious situation. We can't just wait until 2016 when any old Republican is a shoe in. I fear the economy- and the dollar- will not last that long. It's time we stop worrying about the reputation of the Republican party (who will be their puppet) and start worrying about the future of this country.
    Please, don't give up on Ron Paul. Reconsider what you think you know about him- the media has not done a fair job. He was completely ignored in the 08 election.


    "Ron Paul is one of the outstanding leaders fighting for a stronger national defense. As a former Air Force officer, he knows well the needs of our armed forces, and he always puts them first. We need to keep him fighting for our country."
    -Ronald Reagan

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  2. The chart was an eye opener and so was the video. I think most Americans would react favorably to deep cuts in spending if the problem was explained to them in stark terms.

    Only the free stuff crowd will object.

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  3. The newspaper Die Zeit today had an article in German about the US debt crisis, and likened the US to Greece. Though it stated that the consequences will be far, far worse.

    There is too much flabbing about the deficit there in the States, and far too little is actually being done about it. At this rate, the US will soon be a Third World country, with all that this will entail. The US is going down the chute! And STILL your politicians talk about giving away BILLIONS to foreign powers such as Egypt! Go figure!

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  4. Great find with the chart. I copied it to a JPG format if anyone wants to use it:

    http://i80.photobucket.com/albums/j191/mikesamerica/mikesamerica2/Chart.jpg

    Also, I recycled the video of Peggy Joseph, the woman who thought Obama was going to help pay for her mortgage and put gas in her car. She must be feeling awfully silly now.

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  5. the chart was stunning and horrific AOW..good Lord.

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  6. I'll have to send this to my hubby, he's love it.

    Debbie
    Right Truth
    http://www.righttruth.typepad.com

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  7. He's responsible for rising wheat and corn prices, interesting.
    Asinine idea but interesting that so many believe it.

    The unfortunate aspect is that it stops the American public from actually investigating the causes, so we stay dumb.

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  8. Great but scary. Thanks for posting it.

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  9. I will not use the superlatives I would like to for this freaking dumb man. He is not my president - I did not vote for the lying thug.

    Did you hear that he has projected a 7 trillion dollar deficit for 2012? How the hell does that happen, and what the hell are they doing in D.C.? I am so ticked-off at that man and the Dems I could scream.

    Anyone on SSDI or SSI, or Seniors will not see a rise for the cost of living as long as Obama is in office. The hell with him. I cannot wait until he is OUT-OUT-OUT!! :(

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  10. Layla: I hope the democrat-for-life seniors who voted for BO pay attention.

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  11. Of course they won't. They haven't much longer to go, and so it won't be their problem.

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  12. Addressung this to Ducky leaves out all the other liberals whose thinking could not help them get out of a tunnel.

    The price of bio items as with everything else is the fault of this President. Quantitative easing or printing moeny devalues our currency causing inflation. Historically this happens every time its tried. History 101

    secondly, liberals ever consider the consequences of their actions. You can not divert a portion of our food supply into our gas tanks and not expect the price to go up for those products. Economics 101.

    So yes it is his fault.

    However, in a true representative republic the President would not be repsonsible because he would have no such power. The market would be responsible for the rise and fall in the price of goods and services.

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