Government Spent More Than It Earned For 22nd Straight Time
The U.S. government spent itself deeper into the red last month, paying nearly $20 billion in interest on debt and an additional $9.8 billion to help unemployed Americans.
Federal spending eclipsed revenue for the 22nd straight time, the Treasury Department said Wednesday. The $165.04 billion deficit, while a bit smaller than the $169.5 billion shortfall expected by economists polled by Dow Jones Newswires, was the second highest for the month on record. The highest was $180.68 billion in July 2009.
"Good news!" That's what Robert Gibbs and all of Barry Soetoro's Czars and Czarinas will tell you on the news. We bled 4 billion dollars less than was expected. That means that all of President Barry's wonderful stimuli have worked, and the economic geniuses with which he has surrounded himself have indeed managed to pull America out of its financial nosedive. That's actually what you'll hear on the Communist News Network and MSLSD.
The truth is that this country is bleeding out, being bled absolutely dry by the globalists and their puppet Barry Soetoro. Nancy Lugosi and Harry Greed are, I believe, literally insane and helping the puppet in the Red House do this to us. If this country were a patient in an operating room the surgeon would take one look at the systolic and diastolic readings and scream for Code Blue to be called and a crash cart to be brought in, stat.
Instead what Barry Hussein Soetoro and the mindless criminals in Congress are doing is taking a scalpel and opening up our jugular. The American economy is already in arrhythmia. Soon the heart of the country, our once strong manufacturing sector, our small businesses, entrepreneurs and inventors, investment capitalists, all of these will have no pulse whatsoever, and it is all being done by design. And the new Doctor Mengele, the illegal alien in the Red House, is only the hand wielding the scalpel. You never see nor hear about the people who set up this death clinic, the Luciferian globalist elite. But they'll be there, laughing at our funeral.
Wednesday, August 11, 2010
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The spending is totally crazy.
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