Tuesday, February 9, 2010

The Obama Budget and the Horse You Rode In On

by Richard Daughty

From the AP I read the astonishing item that “In a face-to-face encounter, President Barack Obama chastised Republican lawmakers Friday for opposing him on health care, economic stimulus and other major issues.” Hahahaha! This is too rich! Hahaha!

Composing myself for just a moment and taking a quick look to see if my zipper is up, I stand up and say, “Let me be the first to tell that arrogant commie bastard that Republican lawmakers are not the only ones opposing his arrogant, insane fiscal monstrosities, and I will be the first to say that I have nothing but Utter Mogambo Contempt (UMC) for anyone who is NOT opposed to such lunacies that are, already, budgeted to spend $3.8 trillion in the fiscal year when the Whole Freaking Economy (WFE) is only $14 trillion, and out of that, the Congressional monsters plan to deficit-spend $1.6 trillion in the year, which is So Much Money (SMM) that if your brain has not exploded at the sheer inflationary horror of increasing the money supply by $1.6 trillion in one year, then say “goodbye” to the last of your brain cells when I tell you that this whopping, gargantuan, insane $1.6 trillion of deficit spending is only the beginning!

I know, from long experience, that many of you ask, like this recent one from mom, “Do you know that you are the worst? Your writing stinks, your economics stink, I hate you and everything you do, and one can only wonder how it could get worse!” which leads me to the conclusion that many of you will write and ask, “How could it get worse than $1.6 trillion of deficit-spending, which means at least $1.6 trillion in new money created by the Federal Reserve, so that the federal government can spend $3.8 trillion, which is so much money that it is 27% of the whole freaking economy?”

Read More at Lew Rockwell

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