Good News: Biggest Spender In World History To Lecture On Fiscal Responsibility

by John Hawkins | February 24, 2009 9:30 am

The stimulus bill was the single most expensive bill in world history. It’s 1.2 trillion dollars — and it’s just a warm up act for Obama, who’s planning to waste hundreds of billions more on banks, people who didn’t pay their mortgages, the Big 3, and next up: socializing our health care system, which will make medical costs explode.

Yet…[1]

After a four-hour “fiscal responsibility summit” with both Republican and Democratic lawmakers, Mr. Obama said he was paying attention to fiscal matters large and small. He also announced a summit on health care next week at the White House, to follow the unveiling of a budget Thursday that will make room for his proposal to offer Americans near-universal health care.

“We’re not going to be able to fall back into the same old habits,” Mr. Obama said. “The casual dishonesty of hiding irresponsible spending with clever accounting tricks, the costly overruns, the fraud and abuse, the endless excuses.”

As Mr. Obama pours money into the economy in hopes of turning it around, he is also faced with making tough decisions on stemming the tide of red ink without strangling a future recovery. He told the nation’s governors Monday that the federal government will have dispensed $15 billion by Wednesday to begin shoring up the states’ strained Medicaid accounts. In a speech before a joint session of Congress Tuesday night, Mr. Obama will propose some specific spending cuts, as well as the additional spending he wants on energy, education and health care, White House spokesman Robert Gibbs said.

The man has been in office one month, seems to be headed towards a 2 trillion deficit this year based on insane spending programs he supports and he’s saying this?!?!?!?

“We’re not going to be able to fall back into the same old habits,” Mr. Obama said. “The casual dishonesty of hiding irresponsible spending with clever accounting tricks, the costly overruns, the fraud and abuse, the endless excuses.”

In the same situation, I don’t think even Bill Clinton would be audacious enough to deliver those lines. It’s like getting a lecture about non-violence from a blood soaked, knife wielding Charlie Manson.

Personally, I can’t wait for this loathsome, despicable, arrogant, hypocritical, pathological liar’s approval ratings to slip just a few more points. Then, the Republicans, the late night comedians, and even some of his old liberal allies will start cutting him down to size when he says insufferably stupid things like this.

Endnotes:
  1. Yet…: http://online.wsj.com/article/SB123539969756547797.html

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