Our fanatically Keynesian President Barack Obama believes that governments should spend money they don’t have and put the country into debt. So he is whining to Republicans to continue raising the debt ceiling so the federal government can continue on its wild spending spree.
And Obama has the nerve to say that the opposing Party’s not wanting to do the President’s bidding by irresponsibly raising the debt ceiling is “extorting” the President. He claims that it is extortion when some of the people’s representatives tell the Dear Leader to stop stealing from our grandchildren!
This Obama person is just as bad as the Bush that preceded him. And the power-grabbers of the Federal Reserve and the banksters are just as dishonest and irresponsible.
But they are merely reflecting the general population now, the selfish, impatient and id-oriented population of America.
And some people are speculating that Janet Yellen, Vice Chairman of the Fed’s Board of Governors, will be picked to be the next Chairman of the Federal Reserve System, replacing Ben Bernanke.
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