Saturday, April 27, 2013

Via Free North Carolina,  there is this very interesting statistic that the Obama administration and their allies in Congress have managed to borrow more money per household (53,616.00) than the median household income (50,502.00).

From the article:


  "To actually pay back what Obama’s has already borrowed, the federal government would need to tax away from the private sector an amount that equals more per household than the median household earns--and then it would need to refrain from spending those additional tax dollars on new or expanded government programs so the money could be used to pay down the debt.
On Jan. 20, 2009, when Obama first took the oath of office, the federal debt was $10,626,877,048,913.08, according to the U.S. Treasury. At the close of business on April 25, 2013, it was $16,794,349,827,897.30."
If that weren't worrisome enough, this headlong rush to encumber Americans with crushing debt is exactly what two Columbia professors taught would be necessary to cause the country's economy to collapse, allowing radicals like them to reconstruct the country in a hard Socialist image.  These two professors named their idea the Cloward Piven strategy.
Finally, Obama was a student at Columbia, although he and his people have spent millions to keep his transcripts and records there private and unknown to the American people.  Only the assistance of the Main Stream Media has made this extraordinary secrecy possible, as no other president would have been able to so blatantly hide his history.
So, to summarize: Insane and unsustainable levels of debt, instituted by a president whose college experience was steeped in a radicalism that he himself felt could not be divulged to the American people.  To top it off, this is the same college that is home to a cabal of professors that advocate the destruction of American society using the exact same techniques that Obama and his allies in Congress are instituting.  
Coincidence?  

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