Crisis. Catastrophe. Worst since the Depression. These were the words and phrases Barack Obama used back in February when trying to scare us into supporting his GINORMOUS "stimulus" bill. If we didn't do something, we were told, the economy would collapse and our way of life along with it. There was no time to waste on debate or actually reading the "stimulus" bill, Obama warned; big and bold action was needed NOW! And with that fearmongering--and a Democrat controlled Congress--Obama got his quasi-socialist spending spree. Then Great Leader changed his tune.
Now Obama--the all-wise, all-knowing Obama--is saying that America's economy is basically sound. WHAT?! What happened to the economic catastrophe that was imminent just a few short weeks ago? It has vanished with the Chosen One's need to reassure the Chinese that their investments in the US are safe. You see people, Obama is expecting the Chinese to help pay for his porkulus package by buying US bonds. However, China is worried about the solvency of the 1 TRILLION dollars it already has invested in our national debt. Chinese Premire Wen Jiabao said that his country was "concerned about the safety of our assets." Obama sought to reassure Wen by insisting that China could have "absolute confidence" in the safety of its assets.
Absolute confidence? Oh, really? Since when? Where was Obama's absolute confidence in the US economy back in February? Certainly not in his desperate, panic-inducing speeches predicting doom if his "recovery" plan wasn't inacted. But once his plan became law and the Big O needed Chinese cash to fuel it, he suddenly discovered that America's economy was sound. Go figure. It seems that the only "change" Obama is really bringing to America is jangling in the pockets of the Chinese government. So, not only is the Great One spending our grandchildren's wealth, he's making them as well as us indebted to a nation that means us no good. Excuse me, Obama, but your inexperience is showing.
It's time for a "Don't blame me. I voted for McCain" bumper sticker.