America Is Broke, Says President Obama

Huh? Did I miss something?

During a recent C-Span interview, President Barack Obama, in keeping with his pledge to inform the American people of what is really going on and to remain true to his mantra of 'transparency', laid all the cards on the table: the United States "we are out of money".

BUT the confusing part of his message was when he went on to say we need to spend more to fix Medicare and Medicaid. I am missing something here.

Would that be equivalent to having lost my job, and exhausted all of my savings, owing my mama, sisters, co-workers, bigmama, and everybody else I could borrow money from... but continuing to max-out one credit card to pay off another credit card, knowing full well that I have no money, and no way to get any money to pay back family or any of the credit card bills when they come due at the end of the month? Incredible!

Here is the transcript between Obama and Steve Scully, as posted on Drudge Report:

"SCULLY: You know the numbers, $1.7 trillion debt, a national deficit of $11 trillion. At what point do we run out of money?

OBAMA: Well, we are out of money now. We are operating in deep deficits, not caused by any decisions we've made on health care so far. This is a consequence of the crisis that we've seen and in fact our failure to make some good decisions on health care over the last several decades.

So we've got a short-term problem, which is we had to spend a lot of money to salvage our financial system, we had to deal with the auto companies, a huge recession which drains tax revenue at the same time it's putting more pressure on governments to provide unemployment insurance or make sure that food stamps are available for people who have been laid off.

So we have a short-term problem and we also have a long-term problem. The short-term problem is dwarfed by the long-term problem. And the long-term problem is Medicaid and Medicare. If we don't reduce long-term health care inflation substantially, we can't get control of the deficit.

So, one option is just to do nothing. We say, well, it's too expensive for us to make some short-term investments in health care. We can't afford it. We've got this big deficit. Let's just keep the health care system that we've got now". www.drudgereport.com

President Obama needs to come back and explain this interview in detail. This is scary!

Obama's Base Erupts Over His Photos Decision

President Barack Obama's decision to block the upcoming release of Bush-era detainee abuse photos, has caused quite a firestorm across bloggerville. Obama, who continues to distance himself and demonstrate independence from his left-leaning base, reversed his original position to allow hundreds of 'never-before-seen' photos to be released to the American public after conferring with his military and national security experts.

According to President Obama:

"...publication of these photos would not add any additional benefit to our understanding of what was carried out in the past by a small number of individuals. In fact, the most direct consequence of releasing them would be to further inflame anti-American opinion, and to put our troops in greater danger."

Angry, vile, and vicious comments, aimed specifically at Obama, have been posted on hundreds of blog sites... with many of his faithful followers voicing feelings of betrayal and of being double-crossed by Obama's decision.

"Obama's decision "makes a mockery" of his promise of greater transparency and accountability. By withholding these photographs from public view, the Obama administration is making itself complicit in the Bush administration's torture policies," ACLU attorney Amrit Singh said.

Obama's no fool... and he is a shrewd politician! With a major speech to the Islamic world already being planned, and slated to be held in Egypt one week after the scheduled release of those now canceled inflammatory photos, Obama realizes that his message to that culture would have been lost in the controversy if those photos were circulated prior to his trip. His advisors were wise to counsel him to take the immediate heat from his left-rooted base for the greater gamble of scoring big among the Muslim community around the world with his upcoming speech.

President Obama must continue to govern center-right and keep making the right moves he has been making thus far.