For all of you that believe Obama "got" the message delivered to his hind quarters on November 2, 2010, here's a reminder that once a socialist spendaholic....always a socialist spendaholic -
http://www.washingtontimes.com/news/2011/feb/14/debt-now-equals-total-us-economy/
What a maroon. He is not a fiscal conservative. He is a Krugman acolyte, only he has absolutely no idea what he's doing. Just do a little math...in 2015, his own budget is projecting a $21,000,000,000,000 national debt. The Fed will have to sell bonds to finance this debt (a/k/a debt service). They typically use 3-month T-bills, which pay every 90 days, or within the budget year. So, if T-bills are going for a historically-low 5%, then our supreme smartest elitist leaders will be writing checks over $1,000,000,000,000 in fiscal year 2015 to entice people to invest in T-bills. To put it another way, it's about 30% of today's total budget. 30 cents out of every dollar goes up in flames and everyone swoons over this Turd-In-Chief. This trillion dollars will purchase NOTHING, other than the ability to DO IT MORE. This is only 4 years away!!! We either stop the bleeding ourselves, or it will be done for us.
Can anyone get in Mr. Christie's ear...today?