Ron Hart congratulates President Obama for delivering on his promised change:
We are so in debt to China that President Obama had to visit their president in his first year in office. It was an important meeting between the most powerful communist leader in the world and the president of China.
Obama is so popular in China that a nightclub named after him opened in Beijing. In keeping with the Obama theme, the club opened with $10 trillion in debt. It will, hopefully, close in just four years with $15 trillion in debt and no apologies to its “hope-based” investors.
[. . .]
To sum up our situation just short of two years into this Obamanation of an administration: Our debt is much higher, an unwanted ObamaCare bill that will cost us at least $2 trillion more than predicted was rammed through Congress, more troops are in Afghanistan, unemployment is much higher even after a union handout “stimulus” bill, and the biggest tax increase in American history is coming in 2011. So yes, Mr. President, technically I guess you can say you have brought about “change.”
As for your assertion, Mr. Obama, that you are going to usher in a “new chapter in U.S. history,” it looks like you will make good on that too. Unfortunately, it will be Chapter 11.
H/T to Jon, my former virtual landlord.
This chapter started a long time ago. We are just seeing the endgame.
Comment by sm — June 18, 2010 @ 10:28
Quite true. I never expected to look back on the first Bush presidency and the Clinton administrations as being ‘the good old days’!
Comment by Nicholas — June 18, 2010 @ 10:30