Wednesday, June 13, 2012

After Heavy Criticism In The Press Obama Flees Washington For Chicago

But Just For The Weekend

Barack Obama

With his poll numbers down, members of his political party turning on him, his Attorney General, Eric Holder, facing contempt charges in Congress and presidential challenger Mitt Romney beating him in major polls such as Gallup and Rasmussen, President Obama has opted for a few days away from the pressure pit that is Washington.    

The First Family of America have decided to spend the weekend in Chicago, where they own a home that was purchased in a controversial real estate deal. This is awfully scaled down for them. What? None of the usual exotic vacations with lobster, caviar, champagne and expensive cuts of beef on the taxpayers' tab, while the nation careens into poverty? 

The Obamas are used to very expensive vacations, with plush rentals and exorbitantly priced food that exceeds most people's weekly grocery bills, in just one meal. Meanwhile, according to a newly released report, American wealth has plummeted due to the current financial crisis, with households in the United States, seeing a 40% decline in income and assets, stripping away 18-years of progress in the space of 3-years.

The president is very good at spending other people's money. $5 trillion of it, in fact. It has left America in a terrible quagmire, regarding how to get rid of $5 trillion in debt President Obama irresponsibly ran up in a couple years. You can't call that an improvement. The nation has regressed.

Obama supporters need to wake up and smell the coffee, as that debt is going to take generations to payoff, saddling your children and your children's children with a financial burden they did not create, which will hamper America in the world. It was not good economics.