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Herman Cain, Ron Paul not to blame for Obama Debt…


(ThyBlackMan.com) President Obama acted like Henry VIII talking down to HIS royal subjects in HIS latest White House address to the nation,  chastising Republicans for not agreeing to HIS demands to raise the debt ceiling so HE can win re-election. Obama invoked foreboding words of “reckless” “collateral damage” and “dangerous game.”  

During his monologue of blame, I actually thought he might shout “Off with their heads!” but then I remembered America is still a democracy despite  Obama delusions of grandeur that he’s ruler of a kingdom. His speech clearly showed how out of touch he is with what the American people want.

His 15 minutes of “I’m the greatest man on earth” was laughable and sickening on so many levels. He blame Republicans for “their cuts only approach” in exchange for raising the debt ceiling as opposed to Obama’s job-killing raise taxes approach and couldn’t stop salivating over how “millionaires and billionaires need to make sacrifices.” Give me a break.

Wealthy Americans, many of whom are small businesses make $250,000, are not rich and pay more than their fair share of taxes.  When you consider 5% of Americans ,including those small business owners, pay 59% of the nation’s taxes while 51% of Americans pay ZERO taxes, Obama asking “millionaires and billionaires to share in the sacrifices everyone else has to make” is outrageous and anything but a balanced approach!

House Speaker John Boehner and his Republican and Tea Party colleagues are right to boldly stand up  to Obama and demand a debt ceiling agreement not include a tax assault on one class of Americans. To borrow from Obama: “That’s not right. It’s not fair not.” It won’t create jobs or plug the hole in our gaping $14.3 trillion debt. Only cutting spending and voting Obama out of office in 2012 will end our economic crisis. America has a spending not a revenue problem. House Republicans also must not give Obama a carte blanche debt ceiling increase through 2012 to help him avoid the topic of government spending during his re-election campaign.

Listening to Obama’s third appearance on the debt ceiling “stalemate” all Americans heard was Obama blaming everybody else when he has spent the country to the brink of default. In 2009 when he became president, all Obama could do was spend billions and trillions on ineffective government programs: Obamacare, stimulus, auto bailouts, foreclosure prevention programs, cash for clunkers, etc. There was ZERO focus on creating jobs and tons of focus on jacking up the nation’s debt and growing the welfare state.

After adding $4 trillion to the national debt in two short years, (President George W. Bush spent about the same amount in his eight years in office), Obama wants “to spend more and have Americans pay more” but House Republicans have denied him that privilege. It’s clear Democrats have lost confidence in Obama when earlier this year, the Senate Democrats rejected his $3 trillion budget 97-0.  Even Senate Majority Leader Harry Reid removed tax hikes from his debt ceiling/spending reduction plan.

Not once in his 15 minutes of finger pointing did Obama take blame for this economic Armageddon the country finds itself in. He proclaimed like a God on high that “The only reason this balanced approach isn’t becoming law is because sign number of Republicans in Congress insisting on a different approach. A cuts only approach that doesn’t ask wealthiest Americans and corporations to contribute anything at all and because nothing is asked of those at the top of the income scale such an approach would close the deficit with only more severe cuts to programs we all care about.”

It’s true, the reason a debt ceiling agreement isn’t being signed into law is because Republicans want to end Obama’s out of control spending and cut our debt so there will be an America 100 years from now. We all care about Social Security, Medicare, Medicaid and defense but the money is running out and we can’t spend on these programs today with no regard for tomorrow. So, yes Mr. President we must make severe cuts today.

As columnist George Will so aptly observed “Obama’s rhetorical floundering is the sound of a bewildered politician trying to be heard over the long, withdrawing roar of ebbing faith in a failing model of governance. From Greece to California, with manifestations in Italy, Spain, Portugal, Ireland, Illinois and elsewhere, this model is collapsing. Entangled economic and demographic forces are refuting the practice of ever-bigger government financed by an ever-smaller tax base and by imposing huge costs on voiceless future generations.”

What was most offensive in Obama’s 15 minutes of posturing and feigned leadership was when he said “We remember Americans who put country above self. That’s who we remember.” The arrogance of Obama to think of himself as a great American is beyond stunning. We will not be remembering Obama as a great American hero because he puts his ego before country every time.

During his painfully audacious press conference, Obama asked Americans “You know what people are fed up with most of all?” I think the resounding response from the American people was “You Mr. President, we are fed up with you!”

Written By Crystal Wright

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