Gop re-enables Dem insanity of even more credit.
No one has put it more succinctly than Ann Barnhardt at American Thinker:
h/t WRSA
Back to the $2 Trillion that Obama is being handed. I honestly think that most people in this country have no understanding of simple counting numbers. Do you not understand how much a trillion is? Where do you think this money is going to come from -- who has two trillion dollars to loan us? China? Nope. Not even close. China's entire GDP is only $6 Trillion. Do you honestly think that China is going to loan us one third of their total annual economic production? China was a huge creditor to us back when $100 Billion was considered a staggeringly large amount of money - which was four years ago. Now $100 Billion is literally a rounding error. Do you realize that there are only a handful of nations of this planet that even have a GDP in excess of $2 Trillion? If these countries loaned us every penny of their GDP, it wouldn't even be $2 Trillion:(read the whole thing)
Canada ($1.57 T)
India ($1.54 T)
Russia ($1.46 T)
Are you starting to understand the scope of what we are talking about now? Obama is going to embezzle considerably more than the entire economic output of Canada, India or Russia to his cronies before the 2012 election -- and that is just counting this round of spending. This doesn't include the other $5 Trillion he has already burned through since 2009.
[...]
Obama is the enemy. Obama is a Marxist-Communist usurper and puppet front for a cabal of Marxist-Communists who are actively trying to destroy the United States of America. Everything they have done, are doing, and will do has the single goal of collapsing and destroying the U.S. economy, military, constitutional government and culture. What part of "Marxist Revolution" do you not understand?
The Obama regime is not a failure. The Obama regime is not incompetent. The Obama regime has achieved more in two and a half years than anyone could have possibly foreseen. It has debased the currency by 50% of the GDP and guaranteed that our economy will collapse. It has looted the Treasury for more than the size of a top-ten economy and embezzled that wealth into the hands of their fellow Marxists in preparation for the final collapse of the United States. It has ground the economy of the United States to a screeching halt. It has destabilized the entire Muslim world and ensured that there will be a nuclear war centered around Israel within the decade.
The Obama regime has no interest whatsoever in "stimulus" or "getting folks back to work." How can you not understand this? How can we possibly win this war if we refuse to come to terms with the fact that we are in fact fighting a war.
Phoenix Capital Research, via Ol'Remus, via ZeroHedge, summed it up this way:
The monetary interventions, bailouts, and stimulus plans implemented between 2007-2009 were unprecedented. In just three years we spent more money than WWI, WWII, and the New Deal combined... Please note, they DID NOT pay off the debt or let the entities default (solutions that would have SOLVED the problem)...We are living in historic times: A marxist coup as everyone stood watching, and wondering if anyone was going to do anything to stop them.
Pete at WRSA posted this image a while back...
(sorry, can't find the link)