Bernie Madoff was sentenced to 150 years in prison this week after stealing $13 billion from investors in the second largest ponsi scheme in U.S. history (Social Security being the largest). But what of Barack Obama and the 219 U.S. Congressmen who voted this week to steal $1 trillion inter-generationally through cap and trade? Not even counting the ’stimulus’ debacle, this Administration and Congress should, in a just world, be removed from office and sentenced to a similar prison recess. If not for the pain that these half-baked plans will cause our own generation, but for the next three, which may or may not be able to lift this oppressive tax.
President Obama said on prime time television weeks ago that worrying about the U.S. government’s finances “keeps [him] awake at night” and that the country needed to start planning now to tackle soaring deficits. In a pair of interviews on CNBC and Bloomberg television, Obama claimed to lose sleep over the Nation’s debt. Of course, that has not stopped the president from indulging his veritably narcoleptic tendencies, ringing up more debt in a single year than all the presidents in the 220 years prior. This has burdened the Nation with the largest debt in the history of the world. Read the rest of this entry »