Ladies and gentlemen, OWEbama has done it again, he has reached another “historic” Marxist milestone.
OWEbama’s DEBT has surpassed the nation’s GDP. For the first time in history, we OWE more than we produce.. I will wager that this is the first that you have heard ANY of this..
As OWEbama visits ANOTHER university (130 so far this year.. Progressive pandering to the youth vote..) carping about “student loans” or when he isn’t cracking jokes at media dinner parties, the REALITIES surrounding the Democratic debt debacle are being overshadowed and pushed aside by the “impartial” media. (Now it’s the “Secret Service Scandal”. EVERYONE has forgotten about the GENUINE “Fast and Furious” Scandal, haven’t they..)
It costs the American taxpayers 434 billion dollars just to service the OWEbama debt. The current rate of interest being charged on this “historic” figure is at 3%. An increase of even one additional percent to that rate will have the OWEbama debt being EQUAL to what the taxpayers supply for the nation’s defense..
Turbo Timmy Geithner made this statement, in public, on March 30, 2011.. “Our investment in banks has also delivered a significant profit for taxpayers..” Liar. Damned liar, as a matter of fact.. “Investment”? But this has NOT stopped the lying liberals from forwarding this nonsense and other similar gibberish as “fact” because such piffle is easily consumed by those too lazy or too stupid to care about the concept of the truth.
TARP, one of OWEbama’s many tax draining failures, has LOST the taxpayers 60 billion dollars and counting.. ($60,000,000,000.00) An additional $120 billion in TARP funds are STILL owed to the taxpayers.
Thanks to OWEbama’s TARP totalitarianism, AIG still owes taxpayers $40 billion dollars. GM? They owe taxpayers $27 billion dollars. GMAC, now Allied Financial? They owe taxpayers nearly $15 billion dollars.. Don’t forget that the taxpayers OWN 77% of AIG and 25% of GM.. 350 small banks cannot pay their quarterly loan payments amounting to $15 billion dollars as well.. (All previous figures supplied by the wonderful Lou Dobbs.)
All that you are hearing from the demented Democrats is that Romney wouldn’t have had the courage to do what OWEbama “did” to Ol Spinach Chin.. (In a fitting piece of irony within this collectivist commercial, the liberals rolled out Caligula Clinton who had AT LEAST THREE opportunities to proactively exterminate Ol’ Shark Chum BEFORE 9-11 and he REFUSED to do so..) As well, they are trotting out licentious lesbians who attack Ann Romney for being a “housewife” yet they laughingly claim that the Republicans are fighting a “war against women..”
Meanwhile, the “Junk Food Czar” jets off to Spain for ANOTHER taxpayer funded vacation to the tune of half a million tax dollars and OWEbama has had MORE fascist fundraisers than every president since Nixon combined. (dailymail dot co dot uk) OWEbama just tapped one of his top “bundlers”, liberal “1%-er” Timothy Broas, as the ambassador to the Netherlands.. (Fox News) Solyndra, in case you have forgotten about that.. Debt, deficits and defaults. Takeovers, shadow, undeclared wars, bailouts.. The ILLEGAL Health Scare Scam..
These “inconvenient truths” haven’t made their way into the “impartial” media’s new casts of late.. Nor will they. No, now its all about calling Romney a “1%er” when OWEbama, courtesy of one of his many convicted felon “friends”, miraculously landed a multi-million dollar home near Chicago.. Nope, OWEbama is just an “every-man” kind of guy, always looking out for the “little guy”..
If you aren’t prepared to utilize the unconventional methods available to you such as the Internet or, perish the thought, right here at NLTZ, when it comes to being told the truth, you are going to be bombarded with this pornographic perverted progressive Muzak until November.. The truth can be found outside of the slimy grasp of the liberal left and their marionettes of the “impartial” media..
If you are a taxpayer AND you vote and you STILL support OWEbama and the liberal Democrats, I strongly feel that you should be euthanized as soon as possible.. Which do you prefer, facts or fascist fiction?