Sunday, February 21, 2010

Wisdom from the Whitehouse

I wish more could have been with us this morning in the Lord's house. It was good. For the latest news from TLBC and a copy of the sermon outline on "Sprinting to the Sepulcher" CLICK

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Millions of Americans have lost their jobs and record numbers of families are losing their homes to foreclosure, but have no fear, B O just told us how to make it through these trying times. At a town hall meeting in Nashua, New Hampshire, Obama gave the American people a lecture on weathering the financial storm: "When times are tough, you tighten your belts. You don't go buying a boat when you can barely pay your mortgage. You don't blow a bunch of cash on Vegas when you're trying to save for college."


Excuse us? Does Obama really believe families suffering hardship and misfortune are buying boats and taking extravagant vacations? How dare the president lecture the American people, who are struggling just to make ends meet, when Obama himself fails to practice what he preaches? As he chastises with one hand, he proposes even more economic hardship and misery with the other. Obama's reckless campaign of tax, borrow and spend is driving this nation over a financial cliff. According to his own administration's latest estimates, the federal deficit for this current fiscal year alone is going to be a whopping 1.6 trillion dollars. Broken down by population, that's approximately 5,300 additional dollars of debt for every man, woman and child in the United States... and that's just for this year. And to make matters worse, Obama's proposed 2011 budget, would triple the national debt over the next 10 years.

As Congressman Paul Ryan (R-WI), Ranking Member of the House Budget Committee put it:

" Not only is this budget worse than the last one, but it triples our debt within ten years, features gushers of tax increases, and relies on some partisan commission to do the heavy lifting on fiscal policy after the next election. Make no mistake: This is a budget aimed to advance the administration's philosophy and ideology. By increasing taxes and letting the country spiral into debt, this budget is a firm step toward transforming America into a collectivist society overseen by a social-welfare state."

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