Our National Debt Passes $13 Trillion--90% of GDP

For the first time in our history, the U.S. National Debt has now reached $13 Trillion and there is no stopping in sight.

The Obama Administration and the crazies that control Washington D.C. have proven they do not care about the future of our country and only care about getting their wacko agenda passed through Congress. They brush aside the idea that the United States will bankrupt, and instead they fatten their check book from contributions that will keep them in office and retain their power hold over the American people...


The House and Senate "spendulous" bills this last week include:

--$23 billion in a public school teacher bailout

--Extension of unemployment benefits through November

--Billions of dollars for more Medicare funding(doc fix)

--$4 billion in foreign aid to Pakistan, Iraq and Afghanistan

--$5.1 billion for Haiti

--$1.7 billion for police and firefighters

--$5.7 billion for Pell Grants

All we citizens can do is Say "NO" to unfunded spending, but then the DEMS aren't listening...they are just hellbent on bringing the USA and us down to the level of the other big nations that are in big,BIG,big financial trouble. The main plan is to enter into the global Union of the new world order on an equally fubared statis with no longer a 'free choice'...or Constitution either.

Barney Fricken Frank

Barney Frank, the chairman of the House Financial Services Committee, sent a letter this week to the White House urging the President to reject the attempt by Republicans to include GSE (Fannie Mae-Freddie Mac) reform in any financial reform bill. Frank argued that had already been reformed and did not need to be included in the Senate’s financial reform bill. Frank told democratic senators, “As Fannie and Freddie operate today, going forward, there is no loss.”

President Bush warned the Democratic Congress 17 times in 2008 alone about the systemic consequences of financial turmoil at Fannie Mae and Freddie Mac and also put forward thoughtful plans to reduce the risk that either Fannie Mae or Freddie Mac would encounter such difficulties. Unfortunately, these warnings went unheeded, as the President’s repeated attempts to reform the supervision of these entities were thwarted by the legislative maneuvering of those like Frank and Pelosi who emphatically denied there were problems.

Instead of curtailing the power of these failed mortgage giants, Frank passed legislation that limited oversight of Freddie and Fannie’s mortgage holdings.
Morgen Richmond added this on Frank’s failed record:

Let it be noted that in May 2007 Barney Frank and the Democrat-controlled House would go on to pass GSE reform legislation. Legislation which was adamantly opposed by the Treasury Dept. and the Bush Administration for limiting federal oversight of Fannie and Freddie’s mortgage holdings. Legislation which included Frank’s pet project, an “affordable housing” fund backed by tax payers.

Let it also be noted that going into 2007 Fannie and Freddie had never in history been allowed to purchase or finance sub-prime mortgages. But under pressure from Democrats in Congress (including Frank), they were granted this authority by regulators in September 2007.

Let it also be noted that in 2007 Frank aggressively pushed to increase the maximum loan limits which could be underwritten by the GSE’s. A move which would ultimately transfer tens of billions of dollars of loan liabilities from private financial institutions to tax payers.

It’s no wonder that even after the total collapse of Fannie and Freddie in 2008, at an ultimate cost to tax payers which could exceed $400B, Barney Frank is still adamantly opposed to legislation which would prevent any further federal bailouts of the GSE’s. For Democrats like Frank, continued control over Fannie and Freddie represents the effective nationalization of the entire mortgage industry. It’s a dream come true for those who wish to use the power of the federal government to implement their desired social and redistributive policies.

Barney Frank was a key figure at the center of the financial collapse in 2008. Today he’s still pushing his radical and misguided agenda on America. He never learns.
Isn’t it time Barney Frank was retired from his leadership duties?

Barney Frank Played Major Role in Financial Collapse & Is Still Pushing His Dangerous Agenda on America ....and I say we need a Congressional Hearing and start the ball rolling on criminal investigations of Barney and other major progressive liberals!

AMNESTY = NEW DEMOCRATS

We have never seen anything as CORRUPT as this Healthcare Reform Bill. Never in History, maybe that's the history Obama is talking about...

Can't wait to vote them out?

Revenge? Think again.

Why? Word is that Immigration "Reform" is the Obama Administration's next goal, and that they intend on granting Amnesty to the illegals living here now. Estimates put that number at about 15-30 million people. It's easy to assume that 90% of them would instantly become life-long loyal Democrat voters...and why wouldn't they?

I said this back last year after Nancy met with all the illegals and trashed the US laws being enforced. Remember? (http://deeprootsintoughtimes.blogspot.com/2009/03/nancy-pelosi-scares-hell-out-of-me.html)3/09 - Ratcheting up her 'open borders' rhetoric a notch, House Speaker Nancy Pelosi told an Illegals rally in San Francisco that enforcement of immigration laws was "un-American." She also referred to illegal aliens as "very, very patriotic." (She should have been brought up on treason back then.)

Once they've been given US citizenship and US Health Care by a Democrat, any massive "backlash" against the Democrats that appears to be developing right now, will really only end up being countered by the massive increase in the total number of loyal Democrat voters that Amnesty will provide.

I hope I'm wrong. If Amnesty would mean they could instantly register to vote for the November 2010 elections, (2012 almost certainly/post Census), we will see our America handed to Progressives on a platter.

To me, it looks like this is the reason that the Democrats feel absolutely 'no need' to listen to the wishes of the majority of the electorate right now.
Simply put; they are not legislating for this current electorate. They are legislating for the electorate-to-come, the one that will exist after Amnesty is granted to 15-30 million new Democrat voters. It's why Nancy and BO aren't worried.

Keep in mind that Obama's victory over McCain was a clear and decisive one. He won 52% to 46%. But the margin was still less than 10 million total votes (69.5 to 59.9 million). With 15-30 million new loyal Democrat voters, it's quite possible that we won't see a GOP majority or conservative President for a very long time, despite the current, wide-spread, and growing surge/anger against the Democrats.

This is very deliberate. And the sequence of Obama's major Agenda items was designed to bring this mega-majority about.

* The Stimulus bill had to be first, because it feathers the financial bed for Democrats' re-election campaigns.
* Then Health Care had to be next, because if they granted Amnesty first, then the Health Care proposal would appear much more expensive than the numbers from the CBO. It would be great if someone had CBO do the numbers with the 15-30 million new citizens (bet it wouldn't have passed).
* And, (Union) Card-Check, and Cap and Trade are the other 2 pillars of their plan for cementing lasting Democrat Party majorities and dominance.

Progressives will Win and the only way to get them out will be Recall or Impeachment and ONLY IF after Nov. 2010, should we hold off any form of Amnesty until then.



Obama Says Amnesty Debate in 2010 http://www.numbersusa.com/content/news/august-11-2009/obama-says-amnesty-debate-2010.html

W.C. Varones http://wcvarones.blogspot.com/2010/03/think-youll-get-revenge-in-november.html
http://loyaltoliberty.com/2010/03/will-gop-amnesty-sellout-cushion-democrats-fall/