That's irresponsible. It's unpatriotic.

"Obama has been racking up the debt at the rate of $1 trillion a year."

One TRILLION dollars a year.

That's $31,709.79 per second.

Repeat: PER SECOND!!

As of the 2010 Census, there are 281,421,906 people in the US. So, over the course of his presidency, Obama has tossed $20,881.50 onto the debt load of EVERY AMERICAN CITIZEN.

What was it this lying thief said when he was running against Bush?

Oh yeah, June, 2008:

"The problem is, is that the way Bush has done it over the last eight years is to take out a credit card from the Bank of China in the name of our children, driving up our national debt from $5 trillion for the first 42 presidents - #43 added $4 trillion by his lonesome, so that we now have over $9 trillion of debt that we are going to have to pay back -- $30,000 for every man, woman and child. That's irresponsible. It's unpatriotic."

Obama has added $5.9 trillion - 1.475 TIMES MORE than Bush and in a shorter time - "by his lonesome."

$31,688.96 "for every man, woman and child."

Hey, Obama never claimed to be patriotic, so he's simply living up to that.

Remember, $31,709.79 per second; he's got 66,843,593.65 seconds to go and the clock is ticking.

$31,709.79 for each tick.

Tick tock, tick tock...

What's That? Social Security Is Doing Just Fine?

That's what I've been told by some. They claim that SS is so well run and efficient and that it's in fine shape.

Really.

Social Security to See Payout Exceed Pay-In This Year

By MARY WILLIAMS WALSH
Published: March 24, 2010

The bursting of the real estate bubble and the ensuing recession have hurt jobs, home prices and now Social Security.

This year, the system will pay out more in benefits than it receives in payroll taxes, an important threshold it was not expected to cross until at least 2016, according to the Congressional Budget Office.

Yeah.

Fine shape.
Very efficient.
No problems at all.

Just What The Founding Fathers Ordered

Obama administration to order lenders to cut mortgage payments for
jobless

By Renae Merle and dina elboghdady
Thursday, March 25, 2010; 7:14 PM

The Obama administration plans to overhaul how it's tackling the foreclosure crisis, in part by requiring lenders to temporarily slash or eliminate monthly mortgage payments for many borrowers who are unemployed, senior officials said Thursday.

Nah, the feds aren't taking over the financial market.

This is just what the Founders had in mind; the federal government dictating to private business.

Hmm.

Dictating.

Wonder what that makes Obama?

Speaking as someone who is jobless and pays a mortgage, I oppose this act by the criminal socialist Obama administration.

I signed a contract with my lender. I have to live up to the terms of that contract. I have the right to renegotiate my contract due to my current status, but my lender is not required to agree. And, unless he does, my contract remains as is.

If the feds are allowed to step in and make contracts null and void, what reliance can be placed upon contracts?

Absolutely none.

Oil Prices Continue To Rise

Well, oil futures went above $122 today, based on a Goldman-Sachs prediction that it could go to $200 in two years.

Oil prices have nearly doubled from about $62 a barrel a year ago, which Goldman
sees as a sign that the world is in the midst of a "super spike" in oil prices.
Analyst Arjun Murti said in a research note released Monday that prices would
ultimately force demand to fall sharply.

The key word, as I see it here, is "spike."

Not plateau, not level, but spike.

That implies a sharp drop after the peak is reached.

So, are we seeing the next bubble? Tech, housing, oil?

Might there be an oil bubble burst?

About Fluff Science

Seems NASA has an opinion on global warming models.

Current models "must be improved more than tenfold in accuracy[.]"

Sure, let's jack with the US economy based upon the data from models with a less than 10% accuracy...

Oh, wait, it's NASA. Sheesh, what do they know?