It case you all were still wondering if Obama and his administration are all hhypocrites. here is a little blast from the past when Obama stood against raising the debt limit. Looks like Senator Present was trying to make a little political hay back then. Of course now deficits are OK, that is until the whole economy crashes due to fiat currency printing.
"The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure. It is a sign that the U.S. Government can’t pay its own bills. Increasing America’s debt weakens us domestically and internationally. Leadership means that the buck stops here. Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership. Americans deserve better."
Senator Barack Obama (D-IL)
Speech Given on U.S. Senate Floor Objecting To Raising Debt Ceiling Limit
March 16, 2006
Official National Debt at that time: 8 trillion USD
Here is a nice little short from Greece. I can't wait for the video out of Argentina next month as the food stocks dry up, and God forbid what will happen in large U.S. urban area's if food gets tight or when inflation really gets going this spring.