President Obama and the Democrats in Congress have stolen our credit cards and maxed them out. Not only that, they took out credit cards in the names of our children without their consent and maxed those out, too.
CNS News: It’s official: The Obama administration has now borrowed $3 trillion, according to the U.S. Treasury Department.It took from 1776, when the United States became an independent country, until 1990, the year after the Berlin Wall fell signaling victory in the Cold War, for the federal government to accumulate a total of $3 trillion in debt, according to the Treasury Department. It only took from Jan. 20, 2009, the day President Barack Obama was inaugurated, until Oct. 15, 2010, for the Obama administration to add $3 trillion to the federal debt.
The overall debt of the federal government, according to the Treasury Department, is now $13.666 trillion.
And they aren’t finished with us yet! The Fed plans on extending a line of credit on your behalf in your name.
A string of Federal Reserve officials on Tuesday indicated the central bank will soon offer further monetary stimulus to the economy, with one saying $100 billion a month in bond buys may be appropriate.
If these people were operating in the private sector they’d be in jail. Instead, they’re calling us stupid and asking for our trust.