Barack's New Legacy: 1st American Prez With $5 Trillion Debt Increase

Posted by Brian

Let's hear it for the Bamster! $5T in under one term!!

Wonder how much of that debt is filed under Family vacations, Michelle Obama's vacations,  Sasha & Michelle's Costa Del Sol Vacation, Malia's Mexican Vacation, misc. travel expenses, greens fees, and Friday Night parties at the White House, Broadway Night Out...?

President Obama, when are you going to cut spending?

The $5 Trillion Man: Debt Has Increased Under Obama by $5,027,761,476,484.56 

By Terence P. Jeffrey April 18, 2012

(CNSNews.com)- In the 39 months since Barack Obama took the oath of office as president of the United States, the federal government’s debt has increased by $5,027,761,476,484.56.  

Although he has served less than a term, Obama is now the first American president to see the federal government's debt increase by more than $5 trillion during his time in office.  

During the full eight years that George W. Bush served as president, the federal government's debt increased by $4,899,100,310,608.44. (Rising from $5,727,776,738,304.64 to $10,626,877,048,913.08.)

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President Obama’s Hall of Blame

Posted by Brian

President Obama’s Hall of Blame
by KEITH KOFFLER on MARCH 23, 2012, 9:18 AM

President Obama has passed the buck to others – mainly George W. Bush – for no less than 13 problems that characterize his presidency, suggesting time and again that his own policies are not to blame for his difficulties and he is simply doing the best that can be done with the cards he was dealt.

Even so, Obama is aggressively staking a claim for successes for which Bush shares significant or nearly all responsibility, including increased drilling for oil and natural gas, the end of the Iraq War, and the killing of Osama Bin Laden.

What follows is a roster of Obama’s efforts to assign blame for 13 problems that prevail or have faced him during his presidency. In several cases, the quotes here are just one or two of many that show Obama passing the buck on a particular issue.
Read More at White House Dossier

Increased U.S. Oil Production Due To Bush Policies, Obama Takes Credit

Posted by Brian

Does Obama Deserve Credit for Increased Oil Production? Hint: No.
Erika Johnsen

During his energy-policy speech on Thursday afternoon, President Obama was right when he said that even if we immediately greenlighted all of our energy projects and started to drill, drill, and drill some more, it would still take years for these actions to significantly affect the price of gasoline -- it does take some time to get the production and supply of said projects up and running. But, then the President also turned around and threw out a bunch of impressive statistics about how domestic oil production has only gone up during his administration, there are a record number of oil rigs operating now, etcetera. ...Anyone? Anyone?
Read More at Townhall

Related articles

• Oil Production Up - Does Obama Deserve Credit? (foxnews.com)
• More Victims of Obama's Energy Policy (usnews.com)
• Did Obama cause gas prices to go up? (winteryknight.wordpress.com)

Wasserman Schultz Blames Bush For the Rise of Hamas

During the second of her scheduled townhall meetings held at a Jewish Community Center in Pembroke Pines, Congresswoman Debbie Wasserman-Schultz stated during the Q&A segment of the program that Hamas came to power because of President George W. Bush’s push for democracy in the region, and said “the rise of Hamas is thanks to quote -un-quote Democracy.”
Read More at The Shark Tank


Posted by Brian