Hypocrisy, Thy Name Is Obama

May 14 (Bloomberg) — President Barack Obama, calling current deficit spending “unsustainable,” warned of skyrocketing interest rates for consumers if the U.S. continues to finance government by borrowing from other countries.

“We can’t keep on just borrowing from China,” Obama said at a town-hall meeting in Rio Rancho, New Mexico, outside Albuquerque. “We have to pay interest on that debt, and that means we are mortgaging our children’s future with more and more debt.”

“It’s time for reform that’s built on transparency, accountability, and mutual responsibility, values fundamental to the new foundation we seek to build for our economy,” the president said.

“We have been complicit in these problems,” he said. “We have to change how we operate. These practices have only grown worse in the midst of this recession.”

Remember when MoveOn.org made an advertisement critizing President Bush for mortgaging our children’s future with a $1 Trillion deficit?

Look at the first comment below to see what that ad would look like today if MoveOn updated the very end to reflect Obama’s actions in just the first 100 days in office.

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8 Responses to Hypocrisy, Thy Name Is Obama

  1. Neil says:

    It is hard to believe he could say that with a straight face. Hey, Obama, just cut out all the giveaways to your cronies and you’d reduce the debt.

  2. Neil,

    Indeed.

    Keep in mind that Obama specifically asked for President Bush to request the second half of the TARP funds…Bush got the blame, Obama got the money. Then the “emergency” stimulus, which no one read before they voted in favor or it. Then the omnibus spending bill.

    All of this money is not going to stimulate our economy. To the contrary, our economy is being destroyed and Obama is firing executives at private companies. The “stimulus” money is being stolen from us and given to communist front organizations like ACORN.

    Obama is intentionally creating a crisis. That is all part of the plan.
    Barack Obama and the Strategy of Manufactured Crisis

    Crisis is step 3 of 4 in the process of Ideological Subversion used to destroy our country from within.

    Videos of Yuri Bezmenov, Soviet defector.

  3. Obama closes curtain on transparency

    You gotta love the “transparency” of the Teleprompter!

    Obama was for transparency, before he was against it.

    Since you know the WH link will get scrubbed eventually, I archived it.

    Transparency — President Obama has committed to making his administration the most open and transparent in history

  4. “Transparent” White House cracking down hard on leakers

    …it runs counter to Obama’s pledges of openness by making it a crime to shine a light on the inner workings of government…

  5. New DoJ rule a license to lie?
    posted at 2:05 pm on October 27, 2011 by Ed Morrissey

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