Obama, We Are Broke. Well, Duh!

I am utterly amazed at the continued arrogance of the Obama administration, which has managed to make the Bush administration look to be prudent, which is a major accomplishment.

Yes, this is an administration that when it found out we were in a deep recession has turned on the Federal Reserve spigots at full blast and is throwing money around. Now that the U.S. Dollar is tanking, suddenly they realize they are painted into a corner.

What to do? It is obvious; pour another round of drinks, have a toga party, and print more money. When prices of goods skyrocket upwards, Obama will blame business (and especially the oil companies), and the media and most of the country will slavishly believe him.

m,