- Scott Miller
With a wink and a nod, Obama’s given the Fed and Tax Cheat Tim the go ahead to continue with their unconstitutional bailouts of seemingly every poorly managed American corporation… and now he’s extended their reach to the poorly managed governments of his beloved European Socialist buddies.
Consider this My Big, Fat, Greek Bailout
Pence, third-ranking House Republican, criticized the International Monetary Fund’s (IMF) $140 billion rescue package to assist the floundering European country. Pence notes that the U.S. is the IMF’s largest contributor and ponies up 17 percent of its funds. He fears that U.S. taxpayers will be on the hook for Greece, too.
“For people in Muncie (IN) who thought it was a bad decision to spend $700 billion to bail out Wall Street are sure to think its (twice) as wrong to pay off bad decisions in Athens,” Pence said, referring to the 2008 law that crafted a parachute for the U.S. economy. “When the American people figure this out, they are going to be shocked.”
Pence was careful not to criticize the IMF itself. But he questioned how the Obama Administration concluded that the U.S. was solvent enough to help fund the aid package.
“Is Greece too big to fail?” Pence asked. “There is a pathway to fiscal sanity for Greece and the European Union.”President Obama told a Russian interviewer late last week he’s “very concerned about what’s happening in Europe. “If we can stabilize Europe that will be good for the United States,” Obama said.
Ah… of course, how could us stupid Americans think that our tax dollars would be focused on America’s sovereign issues (like the $14 Trillion Debt of our own) instead of going to bailout the arrogant, whiny-ass, freeloading, union types of Greece? Apparently now that we have a Fed, completely unrestrained by any constitutional bonds, that can spend American tax dollars to continue bailing out everything, and anything that has it’s palms up! Last I checked, not a dollar of OUR MONEY could be spent without Congress explicitly authorizing the expenditure. Did Congress vote to bailout the European socialists, and I missed it?
With the way the upcoming election looks to be shaping up, it’s becoming more, and more obvious to me that Comrade Obama’s gonna go for broke, and go down in Butch Cassidy & Sundance Kid type ending (figuratively of course), taking as much of the American capitalist system with him as he possibly can.
