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06-27-2010, 03:51 PM #1
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Republicans can Win or Lose November Elections - THIS WEEK!
Must Block Dodds-Frank Bill, Kagen Nomination, Must stop Obama from regulating conservative campaign finance
Republicans can Win or Lose November Elections - THIS WEEK!
By JB Williams
Sunday, June 27, 2010
There is only one time in U.S. history when the U.S. economy was in worse shape than it is today. It was 1946, when the national debt hit a whopping 121.25% of GDP. http://www.usgovernmentspending.com/us_deficit
When Democrat Franklin Delano Roosevelt (FDR) took office in 1933, the nation’s debt was only 39.96% of GDP. After twelve long years of FDR’s New Deal social spending spree that set the freest most powerful nation on earth on a pathway to democratic socialism, the national debt was 121.25% of GDP when Roosevelt left office.
Roosevelt’s New Democratic Socialist Deal drove the nation from $56.4 billion in debt to over $223 billion in debt, an over 400% increase in just twelve years. http://www.dsausa.org/pdf/widemsoc.pdf Barack Hussein Obama and the Democrat controlled congress have set a course to shatter that record in U.S. debt spending.
Obama & Co. have driven the nation from $10 trillion in debt upon taking office, to a whopping $14 trillion in debt, all in a very brief eighteen months. This figure does not include all of the future spending committed to by Obama & Co. for the next ten years, which will drive the nation from its current 97% debt to GDP ratio to over 150% of GDP in the next few years, even if they can manage to keep private sector profit pirates like George Soros investing in their march to full blown socialism.
This is what makes this statement from the administration so frightening! http://www.marketwatch.com/story/dc-air ... =countdown
“We are poised to pass the toughest financial reform since the ones we created in the aftermath of the Great Depression,â€Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
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06-27-2010, 04:04 PM #2
Obama's incompetence
I totally agree with you sir and believe me, the voters are awake and paying attention to how the Republicans vote. We will be voting accordingly.[/b]
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