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« Did Fannie Just Bailout Bank Of America? | Main | Alan Greenspan Testifies Before Congress: "Raise Taxes, Cut Spending, End Corporate Tax Breaks NOW!" (9/13/2011) »
Friday
Sep162011

Obama The National Debt Hypocrite - Caught On Tape

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Video - On the 2008 campaign trail, Obama blames Bush for adding $4 trillion to the national debt, calling it 'irresponsible and unpatriotic' - July 3, 2008 - Runs 40 seconds

Quote:

  • "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."

The problem for Obama is the following (from CBS News):

Obama has already added over $4 trillion to the national debt in only 2 1/2 years, or exactly 945 days.

  • "The debt was $10.626 trillion on the day Obama took office.  The latest calculation from Treasury shows the debt has now hit $14.639 trillion.  It's the most rapid increase in the debt under any U.S. president.  The national debt increased $4.9 trillion during the eight-year presidency of George W. Bush."

Read more here:

National Debt Is Growing $3 Million Per Minute, Has Increased $4.2 Trillion In Obama's First 945 Days

 

 

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Reader Comments (16)

Obama is the typical lie like hell to get elected president we've had for 47 years. Then after the election go right back to screwing a majority of the American People over, so one tenth of one percent of the people in this country and a bunch of foreigners can live like kings only dream of.

I wonder if that same majority of the American People are ever going to wake up to the fact that, our corrupt political system and the equally corrupt electoral process that puts these crooks in office are turning our great nation into one of the most corrupt and crooked societies on the planet.

Great place for kids and grandkids, they can grow up learning lying, cheating, fraud, and embezzlement are American Traditions.
Aug 28, 2011 at 3:27 PM | Unregistered CommenterSagebrush
Obama sole out puppet to the Rothshcild debt slavers. He was installed not elected just the same as BUsh and most every president since we accepted the black palgue bank for the third time. How can the american people accept that their money is made out of thin air digitized at no cost not by the GOvenrment but by a private bank that loans the govenrment its own money at a compounding rate of usury. Come on this is a huge counterfit false debt mafia extortion scam being pulled upon america and OBAMA is the current sole out puppet whore.
Aug 28, 2011 at 5:03 PM | Unregistered CommenterEND THE FED
Unfortunately ETF, most Americans still believe one or the other party truly represents them as both continue the charade...
Aug 28, 2011 at 5:30 PM | Unregistered CommenterS. Gompers
Government is not the solution to our problems. Government is the problem
Aug 29, 2011 at 12:08 PM | Unregistered CommenterJON
. . . And you thought the "Watch my lips . . . No taxes!" speech was bad!
Aug 29, 2011 at 5:47 PM | Unregistered CommenterGuest
If you are paying any attention to his campaign for 2012 he is blaming Bush for the debt and the economy and enough loons out there believe it is still Bush's fault. We are in so much trouble as a nation. Even during his 2nd term, should he get it, he'll still blame Bush. "It was worse than we had anticipated." aka It's not my fault....
Aug 29, 2011 at 6:55 PM | Unregistered CommenterSid Boxman
Jon, you are absolutely right. The Government is the problem. They must learn how to control their spending. We have to do something now before we reach the debt wall. Once this happens our lives will change drastically and it will be too late. Visit www.DebtWall.org to learn more about the debt wall and why we must control spending.
Aug 30, 2011 at 11:57 AM | Unregistered CommenterDebt Wall
We have to do something now before we reach the debt wall. Once this happens our lives will change drastically and it will be too late.

A.........would that be Sep. 17th...................
Aug 30, 2011 at 9:05 PM | Unregistered CommenterTexas Dar
And the hypocrisy nightmare continues. DB..... Do you remember Bohner-Boner or what ever the speakers name is, talking about a 5% cut in their already inflated pay, in order to contribute to the crisis? I don't know if I trust my memory anymore. Either way this is.... well you decide.

http://news.yahoo.com/blogs/ticket/members-congress-paid-enough-165641960.html
Aug 31, 2011 at 12:15 AM | Unregistered CommenterDave
Breitbart Debates “Transparency” on the Set of Courage, NH

http://patriotupdate.com/videos/breitbart-debates-transparency-on-the-set-of-courage-nh
Aug 31, 2011 at 5:11 PM | Unregistered CommenterTexas Dar
This 10min. clip will be very hard to sit threw.... "Please Slam 5 Shots of Wiskie" before you hit play.......Tex !


"We don't need any grounds.
We're the United States."

What to expect if you don't kiss the asses
of the bullies & morons at the US border
http://www.brasschecktv.com/videos/defending-civil-liberties/we-dont-need-any-groundswere-the-united-states.html
Aug 31, 2011 at 6:32 PM | Unregistered CommenterTexas Dar
Hi TEX,
I just got done watching the clip. Your right it's hard not to get angry at something like that. I see it as a simpleton case of ego standing in the way of people who are charged with too much authority and power and doing their jobs. There are good people who do that job. But this situation and the lack of it being reported in main stream, unless they might, is just another one of the problems that prove we need new leadership.

I forwarded that video to a few of my friends, Thank you for sharing it. I hope Dr. Paul catches it and will perhaps find it useful information on his way to the White House. But more importantly since we have the one we do in office, I have more hope that he will do something about it. I mean were talking Canada?

He blocked funds to AZ for what he referred to as (Profiling) and the boarders there are much more worse. That said the board AH's that handled the Canada situation in the video did so because they more thank likely DON'T have to deal with the same type of real threat that lay at the Mexican boarders in the U.S.

Which is to say, they deal with real threats like snipers and such and would not have time to exercise such a wast of time of an ego trip. That is one sad deal.
Aug 31, 2011 at 7:59 PM | Unregistered CommenterDave
LOL!!!!!!! @ TEX,

No sooner did I go back to yahoo did I find this in AZ. I guess this is what actors do when their marketability changes. Really strange article about Steven Segal working with the police and a raid of a man's home there where he was involved. And of course there is a lawsuit pending over it.

Just goes to show, I should not speak until I read all the news. LOL!!!!!!!!!!!!!! Crazy stuff.
Aug 31, 2011 at 8:46 PM | Unregistered CommenterDave
You all are stating the obvious! I see no solutions, Hey wake up even if you hate republicans register now for the republican party because there is an antibody in the infection his name is Ron Paul, as a famous man once said how long will the simple solution evade you. Even if you don't agree with half of what Paul stands for he can't be bought he has never flip flopped and told you what he knows you want to hear just to get elected and above all he is an honest principled man that loves this country not the almighty buck. Wake up I know the republicans are war lusting whores for the pentagram sorry pentagon and the democrats are whores to the same or similar big money interests as well, do some research and listen to what this man says he has predicted this financial mess threatening your children s future . By the way after the elections I will return to independent voter status. drudgereport.com infowars.com Restore our republic!
Sep 2, 2011 at 9:34 PM | Unregistered CommenterAnti rothschild banks
@ Anti Rothschild Bank.

Your right. Great points made then lots of theories. I'm looking for solutions and am grateful when I find them anywhere. I think your right about Ron Paul as well. He already has my vote. I spread the word every chance I get.

Thanks, excellent points.
Sep 2, 2011 at 10:03 PM | Unregistered CommenterDave
Even if you don't agree with half of what Paul stands for he can't be bought he has never flip flopped and told you what he knows you want to hear just to get elected and above all he is an honest principled man that loves this country not the almighty buck.

He has neaver drifted from the Counstion...............
Sep 3, 2011 at 12:39 AM | Unregistered CommenterTexas Dar

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