Barack Obama: “Not Spending Money Is Mortgaging America’s Future”
Posted by Lady Liberty on Thursday, April 28, 2011, 7:41 PM
President Obama was in New York City today addressing Democratic donors and imparting more of his liberal logic.
And more of that new math.
“Not Spending Money Is Mortgaging America’s Future.”
CNS News reported -
Deficits are not the only thing that could mortgage America’s future, President Barack Obama told Democratic donors in New York on Thursday. He stressed it would be mortgaging the country’s future if government did not spend money on certain areas.“There’s more than one way to mortgage America’s future,” Obama said at The Town Hall in New York. “We mortgage that future if we don’t get a handle on our deficit and debt, but we also mortgage it if we’re not investing in those things that will assure the promise of the American Dream for the next generation.”
Obama, in the speech, broadly defined the government expenditures needed to ensure prosperity for the next generation that should not be sacrificed for deficit and debt reduction.
Wait a minute, I thought a mortgage was borrowing. Now not borrowing is mortgaging? And they wonder why we want to see his college transcripts.
In addition, when comparing the Republican budget proposal to his proposal, the President said this:
“It’s a vision of a small America, of a shrunken America, where those of us who are lucky do great and don’t have to give anything back, and we can pull up the ladder behind us,” Obama said of the GOP plan at an earlier DNC fundraiser that same day at the Waldorf Astoria in New York.
Of his plan, he said, “We imagine a big America where we’re investing in the same kind of science that invented the Internet.”
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Wm T Sherman commented:
“We imagine a big America where we’re investing in the same kind of science that invented the Internet.”
The internet was developed for the Department of Defense.
USMC Thomas commented:
None of us morons have the intellect to see SØbama’s genius.
M1 commented:
I stand in awe of the mans genius.
Sickofobama commented:
As Michael Savage said – the only way to save America is to impeach Obama.
If the House with a GOP majority had some balls they would do it just to tie up his time and Holder’s time for the rest of his tenure in office because the Senate wouldn’t impeach the SOB.
Then even the stupid American people would see how devious Obama and Holder are.
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CatoRenasci commented:
This kind of idiocy requires a Paul Krugman or a Barack Obama – a genius so great that it is absolutely indistinguishable from idiocy.
Wm T Sherman commented:
So according to him, people do great by being lucky. Not by busting their asses. It’s all luck.
If you did bust your ass to get ahead, he wants you to ‘give something back.’
I’d be glad to give him some ass. I’ll have to find out when his next motorcade is coming to town.
MrGoodWench commented:
Let me correct the 0.
What he actually meant ot say was :
“We imagine a big America where we’re investing in the same kind of science that invented the Global warming hoax ”
I’m sure it wasn’ t the internet, AlGore told me so himself
Dewormer commented:
A military think tank “invented” the “internet” (ARPANET). A bureaucratic monstrosity extended it into a monolith that hardly made a dent in anyone’s lives, restricting its access to elites in ivory towers (NSFNET).
A group of pioneering business entrepreneurs bought routers, formed an industry partnership called the Commercial Internet Exchange (CIX), and connected networks together without charging each other a penny, against all the intent of the NSFNET to assign an exclusive monopoly to the Baby Bells to provide NSFNET on a usage based fee (where you got charged for every email you received on the Internet “toll”).
Yes, Barack, your knowledge of history is remarkably consistent. It’s unfortunate that it’s consistently wrong, and of course, consistently skewed toward a hatred of those who actually put in a hard day’s work. We can’t wait for the day you return to your life of meaningless irrelevance and allow great, hard working Americans to clean up the mess you and your ilk have created.
NeoKong commented:
So what exactly is Obama giving back….?
ron8072 commented:
This poser is nuts. We cannot buy tissue paper and he wants to invest? Invest with what? Some careful consideration? Try that the next time you want to “invest” in a new car. Neither the car dealer, the bank, or China will let you carefully consider while taking the car home. He is already campaigning. We can do no less. Please find us a candidate that can replace Obama next fall.
Alana commented:
“Wait a minute, I thought a mortgage was borrowing. Now not borrowing is mortgaging? And they wonder why we want to see his college transcripts.”
Not only that, Lady Liberty, but “investing” usually implies you have some money to invest.
When I have barely enough to cover my bills, I don’t have any left over for “investing.”
I “invest” when I have money left over.
If my family were in the dire straits the U.S. is now, we would not be investing in anything; we would be paying our creditors and saving ourselves the interest rates in the future.
Charlie commented:
—”Obama said of the GOP plan at an earlier DNC fundraiser that same day at the Waldorf Astoria in New York.”—
The Waldorf Astoria? Yeah, sure… that’s where the regular working guy hangs out.
donh commented:
When you see Obama’s tounge in cheeck so deep his flesh turns white, that is a poker tell that he is lying….He saves this gesture for his BIGGEST lies. It takes a really huge lie to reflex his numb conscience into making a physical confession.
Peggy R commented:
Jim,
Where are you on covering the levee issue? MO Gov and AG want to change Army Corps of Engineers’ longstanding plan to blow a levee on MO farmland (that the feds own) in the event that Cairo, IL and KY cities are at risk of flooding. A relative of Rush Limbaugh’s heard the case today. It’s IL v MO in federal court. This is of national, not just local, interest.
I had to go to Capitol Fax Blog, a liberal media site on IL govt issues, to read the latest.
Alana commented:
“It’s a vision of a small America, of a shrunken America, where those of us who are lucky do great and don’t have to give anything back, and we can pull up the ladder behind us,” Obama said of the GOP plan at an earlier DNC fundraiser that same day at the Waldorf Astoria in New York.
—–
And might I say, this makes me very angry. First, because if anyone who got anywhere because of luck, it’s him. The rest of us had to work for getting anywhere.
Second, the notion that everyone with any money is “pulling up the ladder behind him.” If anything, that is what he is trying to do.
And finally, the small, shrunken America is EXACTLY HIS GOAL.
Ella commented:
Not spending money is raaaacist.
Christopher taylor commented:
OK so he’s basically said straight up here that “America” means “the Federal Government” to him. Smaller federal government = smaller America. That’s what he’s saying here.
Redwine commented:
Wow. Barry’s IQ must be in the rarefied single digits.
Blacque Jacques Shellacque commented:
“Not Spending Money Is Mortgaging America’s Future.”
Hey Stupid, only an idiot insists on spending money when the credit card limit has been reached
retire05 commented:
Oh, wait, folks, don’t you remember all the marvelous inventions that we have benefited from due to government investment? Like the electric light bulb? Oh, wait….. maybe the automobile, nah…..how about the telephone……ooops. The Ipod? Nope, not that either.
Most inventions were done by private citizens who obtained private funding to support them. Alexander Graham Bell was not supported by the government. Nor was Edison. But Obama got where he is because of a government program; affirmative action. So he thinks that people are too stupid to do it on their own.
Barack Obama, meet Michael Dell, Steve Jobs and Bill Gates.
Redwine commented:
“It’s a vision of a smaller government, of a shrunken government, where those of us who are lucky do great and invest and provide jobs, and we can pull ourselves out of the economic ditch.”
There – Fixed it for ya.
Herringhogshead commented:
GOVERNMENT DOESN’T MAKE MONEY!!!! THEY PRODUCE NOTHING!!!
ar05075 commented:
#8 Dewormer,
Standing ovation.!!
a former democrat commented:
““We imagine a big America where we’re investing in the same kind of science that invented the Internet.””
WHAT AN IDIOT!
Arpanet was developed by a DARPA funded project. It only involved packet transfer, it was when Tim Burner Lee who at the CERN institute that defined HTML that allowed for languange for webpages. and while DARPA was instrumental in this, it was not for public consumption, it was for the DOD and it was not that well funded either.
Universities who had private funding picked up the slack.
no one is saying don’t fund research at DOD, NIH, etc, this is not what makes bulk of the spending…. its thinks like cowboy poetry festivals, and turtle bridges, its crap like this that people want gone!
Redlite commented:
This idiot is operating in a different universe far distant from the Earth. I want to see his grades in economics. But I already know he got an F.
I am amazed at all of the crap that Barry comes up with. If not for a Republican Congress a lot of what he says could become our new reality. The changes in this country since his coronation are too much to take.
Mac in NM commented:
That ol’ devil George Bush is making Barack say these stoopit things.I know this because Rev. Jeremiah Wright told me so.
Lee commented:
All hail the presidential nitwit.
Opus#6@AmericanPerspective commented:
American People: We can’t afford these programs.
Obama: You can’t afford NOT to pay for these programs.
Perfect salesmanship double-speak.
James Stone commented:
Didnt Obama already do it once which was called the Stimulus package. Also didn’t Palin called it already back in 2009? http://www.youtube.com/watch?v=p-yKRjewW98
money gets votes commented:
He is insane…he really is a nut job…wacko..he really is scary..
xiphos commented:
won-durrr-boy’s IQ of 167 really is 1+6 +/-7
Ron commented:
Lets just continue with the “New Speak”…
FREEDOM IS SLAVERY!!
TRUTH IS A LIE!!
LOVE IS HATE!!
BLACK IS WHITE!!
I’m sure you can fill in the rest.
tommy mc donnell commented:
would somebody please tell the myth of the media that the politican is not creating the american dream they are destroying the american dream.
IOpian commented:
“We imagine a big America where we’re investing in the same kind of science that invented the Internet.”
That would be the military and space exploration that served as the scientific incubator for the internet. Both of which he has cut funding.
donh commented:
Paging Alan West… http://youtu.be/YBhTKRtM-MI
tommy mc donnell commented:
#2 and #5….your comments remind me of a statement i saw on television during the 2008 presidential campaign at a time when people were questioning the myth’s proposed economic policies. there was a black guy on and he was saying that the problem wasn’t with the myth’s economic policies, the problem was that the white man’s mind was not sufficently developed enough to fully comprehend the complex economic theories that the brother(his word)was espousing. i can see from the comments here we are still suffering from this malady.
StrangernFiction commented:
President Preposterous
uggy parfait commented:
I’m a prophet. I predict that Obummer will spend this next weeken either playing golf, planning his next vacation, dringking andwatching baseball ( now the college hoops are over) , and telling himself he is the smartest community organizer the world has ever seen.
SandyfromChesterfield commented:
And 1 + 1 = 3
thegoldman commented:
Everything he says is ass backwards !
Lying idiot…
Muffin commented:
He needs to go to spending addiction class. Get the national credit card out of his shaking hand.
Libs_R_Tarded commented:
Obunghole is a freaking genius. Just ask him.
retire05 commented:
OMG, y’all have to read this if you want to know what really, REALLY disgusting low lifes the left are:
http://huff-watch.blogspot.com/2011/04/huffpost-approves-moderators-users-to.html
What kind of sick people think that the victims of the Southern states destroyed by the tornados deserve it because they are red states?
Dave-O commented:
Hey Barry, Barrack, Barack or whatever your name is – get your own sweet a$$ down to Alabama and see where people lie dead, dying and have lost everything. Where the f@#$ is FEMA? Or does Barry hate Alabama? If this was GWB, the lamestream media would be raising hell.
PatriotWI commented:
Al Gore invented the internet, everyone knows that.
Radegunda commented:
That’s the genius who says he’s going to “cut spending from the tax code.” Unless he means cutting back those “earned income tax credits,” which is very unlikely, what he means is that whatever the government allows you to keep from your own earnings is a government expenditure. I.e., everything you have belongs to the government, and it’s only by government generosity that you get to keep anything.
His daddy Obama — the one who abandoned him but nevertheless inspired his worldview — wrote that there’s no reason why the government could not take 100% of what people earn, as long as they get good “benefits” in return. The government decides what you need and what you will be permitted to have.
The apple doesn’t fall far from the tree
gus commented:
If you invest your money in sh!t that only helps out LIBTARDS and UNIONS, it is not an INVESTMENT.
Obama is a sick mutherfuker. I’M NOT KIDDING. He should invest in mental health.
gus commented:
Radegunda!!! “”That’s the genius who says he’s going to “cut spending from the tax code.””"
Either Nancy Pelosi or Geoge Orwell wrote that line.
It’s scary. It’s seriously scary. What they let you keep is called SPENDING.
workingclass artist commented:
Can we not IMPEACH this NUTCASE!
Rock commented:
WTF said We imagine a big America where we’re investing in the same kind of science that invented the Internet.”
OK so why has he turned NASA into a touchy feely outreach program for Muslims, what a loser, but then maybe that’s what Michelle and his spinster nanny Valerie told him to say. Each passing day and I find myself thinking we have a mommies boy the the Oval Office.
befuddled commented:
this administration won’t stop mortgaging America’s future until everyone is in foreclosure.
uggy parfait commented:
Obama is a classical case to bring back incarceration to a nut-house.
kato commented:
America has been called the country in which anyone can become president.
Obama is living proof.
Betsy commented:
““It’s a vision of a small America, of a shrunken America, where those of us who are lucky do great”
Wow, if there was one Barack Obama quote which sums up how little he knows about economics and about America, this is it. The moron really does think that success is only about luck. Spoken like a true socialist. Wealth grows like berries on a bush, and only those lucky enough to have access to the bush can grow rich.
It’s hardly surprising, since Barack Obama has never once in his life worked in the private sector. He has never created wealth and has no idea what’s involved. The GOP ought to pounce on this quote and hammer it into the minds of every American. Your “leader” does not recognize brilliance and thinks that everything you’ve worked hard to achieve is simply “luck.”
Can you imagine what America would be like if every President in history had been like Obama? We’d be nothing more than a 3rd world wasteland, in fact there would be no America.
Of everything he’s every said since he’s elected, this one statement disgusts me more than any other. It’s even worse than his “spread the wealth” quote. To think that we have a President who has no idea of the role of the human mind in the creation of prosperity, well that really is something.
Rock commented:
Yesterday he played the U K La Lee, today he spoke with tongue in cheek, and all this time I thought Joe was Court Jester.
Rock commented:
Betsy,
I saw a even more sinister thought at work in that statement, who will be the survivors in his smaller America, and will it be luck or by selection.
truth teller commented:
It is very unlikely Obama has an IQ of 167.
Despite what the liberal morons try to feed us, the facts are as follows:
Mean Black IQ: 85
IQ Standard Deviation: 16
Based on this distribution, an IQ of 167 for a Black man is a 1 in 7 million chance. If the U.S. population of blacks is 36 million, 18M of which are males, then we would expect to only have 3 black men with such an IQ.
You are telling me that we just happened to find the needle in the haystack to run our country? I don’t think so…it’s more likely we have been conned into putting this racist retard in the White House so that he can push the liberal agenda and we can’t do anything about it for the “fear” of being labeled racist.
Well, I for one don’t give a flying fu#k if I am labeled racist for seeing and conveying reality.
gus commented:
The WHOLE FECKIN’ OBAMA MESS can be encapsilated by understanding that OBAMA, believes that the GOVERNMENT is the ENGINE of CAPITALISM.
And he is the CAPTAIN of the NEW TITANIC.
uggy parfait commented:
#57 April 28, 2011 at 11:08 pm
truth ,
Obummer and his lacky Profs at leftist instatutions intend that George Washington was stupid compared to Obama. We are being lied too daily by scum and thugs from another demention of sanity.
gus commented:
Betsy, Obama just wants MORE MONEY TO SPEND. He has no ECONOMIC RATIONALE. There could be none. He has spent TRILLLLLLLIONS. Think about that, in less than 3 years, he has spent MULTIPLE TRILLLLLLLLLLLLLIONS in DEFICIT spending. And the obvious REPAIR to that is AUSTERITY. He just wants more to spend. We are FECKING BROKE FOR GENERATIONS. He wants to spend more. He doesn’t KNOW, nor does he CARE, how TAXES COME TO BE!!!
It’s so FUC4ING simple a 4th grader could understand it.
A ROBUST ECONOMY, with FULL EMPLOYMENT and CAPITALISTIC GROWTH, and yes with RICH FOLKS getting RICH as they INVEST AND PROVIDE REAL REAL REAL JOBS for the middle class………….GROWS THE ECONOMY and EXXXXXXXXXXXXXXXXXPODES TREASURY REVENUE!!!!
COMMIE little boys don’t get that.
AuntieMadder commented:
By the way, when did Barky start dipping snuff? Or does he have an abscessed tooth?
sandy commented:
If not spending money is mortgaging our future then spending the kind of money he has spent is driving us into bankruptcy.
sandy commented:
Tongue in cheek means Obama doesn’t even believe what he’s saying.
tommy mc donnell commented:
a small,shrunken american is what obama has been working for everyday of his presidency.
uggy parfait commented:
AuntieMadder commented:
#61
“By the way, when did Barky start dipping snuff? Or does he have an abscessed tooth?”
Methinks he just came out from Biden’s dressing room full of love juice. I heard a rumer that scary harry reid was furious, he was stood up.
czekmark commented:
As usual Obummer talks a lot and says nothing. The scary thing is that is what got him elected.
mg4us commented:
Upside down logic. . .Alinsky would be proud.
No wonder his programs and stimulus is not working. GDP slowing, unemployment growing, inflation rising and debt spiraling out of control!!!
I hope Obama doesn’t really believe the stuff he spews forth, if so, I guess this is what Affirmative Action gets you. . .a race to the top with nothing up there! This probably explains his incompetence. Add to that a lack of experience.
Sure this bozo is not some third world moron?
Obama — Incompetent, Inept, Inexperienced. . .& Inexcusable O-buma!
Iconoclast commented:
Further evidence Ø is truly an alien, one from an entirely different universe where water runs up & money grows on the trees.
KR commented:
I just saw a headline that Obama is going to Alabama due to the destruction from the storms.
Instead of saying something like: It is going to take hard work to repair the damage…
He’ll say: It is going to take a lot of luck…
or: If you are lucky…
SSBN 627(B) commented:
In order to have ANY value money MUST have actual physical LABOR associated with it. This complete dumbass CANNOT understand that most basic principle due solely to his (non)work history.
At the age of 56 the prospect of working another 14 years bothers me not one bit. No, what burns my ass is when that proposal is put forth by one who has NEVER, NOT ONCE, broken a single bead of sweat in the pursuit of honest labor.
∅ commented:
Winning the fu…wait…what?
John Fembup commented:
Barack Obama: “Not Spending Money Is Mortgaging America’s Future”
That’s the hope part, I guess.
I prefer the change part – the one where the country is “not spending money”. NOT spending money would definitely be change.
But to do that, first the voters need to change the administration. Because the one we have – including the President – cannot be more clear about its intent to keep spending no matter what. So we all know what we’re gonna get with thie President and his party. No one can claim “I didn’t know”.
The choice is simple – and obvious – for anyone who is actually paying attention.
Jerry C commented:
Lake of Fire you PO$. Lake of Fire.
workingclass artist commented:
#57
I never bought into the whole IQ Crapola….It’s EUGENICS….and it’s BS….just sayin’
I judge intelligence through words & deeds….which reveal character….
truth teller commented:
#79…fair enough…however, whether you buy into the use of IQ to measure intelligence, one cannot deny that some people are smarter than others…just as some people can shoot baskets better than others.
Fact is…Obama is not smart, whether you measure it using IQ or just see it by observing his actions.
Rhoda A commented:
Cut the O-man a break on that luck thing. After all, he got where he is by being lucky not by any kind of effort on his part. I suspect that he thinks that successful people are people who have ‘angels’ that smooth out the path to success are lucky (rather than hardworking).
As to giving back – he spends as much as an hour a day on Government business!!!
Kissmygrits commented:
What’s equally worrisome is that so many people still think this guy is a genius and nod in agreement at every word. They can’t explain what it all means but they will still vote for him and complain every time they fill up the gas tank.
Fionnagh commented:
Well, I’d rather see his tongue in cheek than his finger ON cheek. At least the former is not so offensive.
jimg commented:
What a punk.
Militant Conservative commented:
Socialist utopia ideals. Somebody has to work and produce.
Who dat? Supreme intellect? Money is on the bubbas. The elites will be kulled first.
Powder is dry
A man that can kill and skin a deer is more useful than Obama.
LimoLibsStink commented:
0bama
They don’t call me Barky the dog for nothing. I have swindled most of Hollywood. And, it was very easy. The stupid Jews are next! Ha ha!
Let me be clear, with Gas prices going through the roof it takes huge amount money just to get my Limousine running…not to mention my Jumbo Jet.
The cost of my multiple teleprompters is not cheap and packing them into the Bus, which also guzzles expensive diesel fuel, is grossly expensive. Someone has to pay – and it is not me!
My Jumbo Jet is spewing fumes and I have more empty TelePrompter ‘Change and hope’ speeches to make. My Billion dollar campaign to keep me spending the Taxpayer’s money for the next five and a half years has just started. Good day.
Molon Lobe commented:
Commissar Obamao envisions the US as a larger version of Zimwabwe.
Hope and Change in 2012!
richyk commented:
i’m not sure how i found this site – but i knew if i looked long enough i would find one where people are aware of, and are voicing their opinions regarding ‘our’ current condition. i love what i’ve read but let’s not forget that this is real and obama is really making these absolute devasteing policies. ok – now at this point we all know that this is an extremely dangerous person who must be stopped – we have to get the truth out about the dangers represented in this administration to the voting public. the obama team, is the most ‘behind closed door’, non-transparent administration in history. Also – let’s not forget that his latest episode with the birth certificate – another falsehood – brought out by nursing personnel, who worked in Hawaii at the time of his birth stating irregularities in the document – and there is no picture of him in the columbia u. yearbook and there is no thesis on file either. how will he explain this away. bottom line – he must be voted out and not allowed to further destroy our country. please don’t get me started -
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