Obama turning the U.S. into a banana republic?

[MACH1]

People need to wake up and take off the blinders and see whats happening, put down the koolaid steins or kiss your freedoms goodbye.

As the Obama administration continues to pile debt upon debt, it is now being compared to a "Banana Republic", a derogatory term that describes a country that implies gross inefficiency and corruption, and led by a dictator. It is being identified by two senators with that description because of what is happening in the United States today.

Of special notice is Obama's use of "signing statements" and "state secrets", following exactly what George W. Bush did, to say nothing of the trillions dollars of debt that have been incurred during the first two months of his presidency.

If anyone needed further proof of hints of a "banana republic", the recent Obama plan to seize non-bank financial companies in another power grab should be sufficient. This is usually seen in dictator-led Latin American countries not in democracies.

It should have surprised no one when Sen. Judd Gregg (R-NH) and Senate Minority Leader Mitch McConnell (R-Ky) called attention to the Congressional Budget Office announcement that Obama's program will put the U.S. in debt for $9.3 trillion over the next decade.

The senators warned that:

President Obama's budget will lead to unsustainable debt levels and send the country on a fiscal path resembling of that of a "banana republic."

The president's budget spends too much, taxes too much, and borrows too much.

I don't think I've witnessed this level of unease about a budget certainly in the time I have been here. We can't afford this.

Such deficits would trigger a national debt that amounts to running your country into the ground.

What's being proposed here is a massive increase in taxes in order to massively increase the size of government and have virtually no fiscal discipline on the side of borrowing.

The two senators message should have been a wakeup call to Americans. In their words, America now has a debt that is not sustainable and which comprises 80 percent of the Gross National Product (GNP), a ratio that is seen in banana republics.

Meanwhile, the Obama adminstration said the new projection of debts running into trillions of dollars won't stop him from achieving his goals. When he says that he will cut the country's red ink in half within four years, is there anyone left who belives him?

http://www.examiner.com/x-2547-Watch...anana-republic

[steelwall]

Your being taken and your country in the

Man I hope we can have some real change, the outlook is freaking horrible.

[PisnNapalm]

Please people.... Watch this video and then get freaking mad....

[steelwall]

Originally Posted by PisnNapalm

Please people.... Watch this video and then get freaking mad....

Tried 3 times but I'm getting an error saying the link is broken.

[Muppet13]

[Texasteel]

Originally Posted by steelwall

Your being taken and your country in the

Man I hope we can have some real change, the outlook is freaking horrible.

This is real change, it's the change he had in mind from the start. Thats why he wouldn't describe the changes he wanted, but just kept screaming the word. Hopefully the congress can block all of this, but we have to get congress back into the hand of men and women that will appose this guy.

[Big D]

I try to stay out of the politics in this board. But I can help but say something on this. You guys are doing non stop bitching about Obama when the guy hasn't even been in office four months. All he's trying to do is clean up the shit storm your partys George W Bush left behind. Give the guy some freaking time, Good grief....

[HometownGal]

Originally Posted by Big D

All he's trying to do is clean up the shit storm your partys George W Bush left behind. Give the guy some freaking time, Good grief....

Yeppers - he's trying to clean up the "shit" from the prioir administration by quadrupling the national debt. Mmmmm Hmmmm - that'll work.

D - I wuv ya, but face it. You Demos elected a blithering idiot who has absolutely no clue about what it takes to lead a country, jumpstart the economy, or anything else that is ailing this country. He's a paper President. Sad part is - your vote and the votes of everyone else who put Obama into office will adversely affect those of us who clearly saw through his pie in the sky schtick.

BUT, BUT, BUT, BUT, BUT Bush!

[stillers4me]

Originally Posted by HometownGal

Yeppers - he's trying to clean up the "shit" from the prioir administration by quadrupling the national debt. Mmmmm Hmmmm - that'll work.

D - I wuv ya, but face it. You Demos elected a blithering idiot who has absolutely no clue about what it takes to lead a country, jumpstart the economy, or anything else that is ailing this country. He's a paper President. Sad part is - your vote and the votes of everyone else who put Obama into office will adversely affect those of us who clearly saw through his pie in the sky schtick.

BUT, BUT, BUT, BUT, BUT Bush!

DITTO

I have nothing more to say.

[X-Terminator]

Originally Posted by Big D

I try to stay out of the politics in this board. But I can help but say something on this. You guys are doing non stop bitching about Obama when the guy hasn't even been in office four months. All he's trying to do is clean up the shit storm your partys George W Bush left behind. Give the guy some freaking time, Good grief....

So basically, according to you he should be exempt from any criticism just because he hasn't been in office for 4 months yet. Am I right?

Look dude, his proposals, if enacted, have the potential of damn near bankrupting this country in less than 10 years. And you're saying that nobody should complain AT ALL about that, and instead sit idly by and "give the guy some freaking time?" Really?