In the latest episode of spending more money than we actually possess, Obama has pledged to put American taxpayers on the hook for bailing out…(wait for it)…the corrupt politicians of Greece! CNBC reports:
President Barack Obama on Tuesday urged European countries and bondholders to prevent a "disastrous" default by Greece and pledged U.S. support to help tackle the country's debt crisis. Obama, whose political prospects have suffered from persistently high unemployment and ballooning U.S. debt, has pinpointed the euro zone crisis as one foreign "headwind" hitting the U.S. economy.
More like a redirected ‘headwind’ to divert from a failing presidency! Why can’t he urge Greece to do the right thing by reducing their bloated public sector and leave the rest of Europe out of it? Well, that one’s easy…because he’s shown not to believe in reductions or sovereignty. And he doesn’t want to appear discriminatory either, so as Dan Mitchell at Big Government puts it, “he also encouraged the German Chancellor to rape her nation’s taxpayers for the same purpose.” So, it’s with certainty that Obama doesn’t bat an eye when pledging to drag our tax dollars into the equation; but the severity of such action increases even more when “the other insolvent European welfare states will look at what’s happening in Greece and conclude that they also can avoid necessary reforms and wait for handouts from American and German taxpayers.”
Pile that atop the G-8’s pledge a few weeks ago for $40 billion towards the ‘Arab Spring’ movement, (you know, all those new democracies, like the Freedom and Justice Party in Egypt), which we’ll assuredly be providing a significant portion of, as well as all those dirty spending secrets on the domestic front that Washington libs don’t want you to know about, and it comes to no surprise that many believe the ship is being forced down by the captain. Perhaps it’s time for a mutiny at the polling booth, don’t you think? Lest we continue to allow the powers that be to bury us further in debt…