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The Buck Stops There

October 11, 2013

“America cannot be great if we go broke.”

National Commission on Fiscal Responsibility and Reform

Imagine a CEO who has been spending more money than his company takes in.  He has been operating without a budget for more than four years, because his budget proposals are so out of line, no one will support them.  His company will stop running if he fails to negotiate an agreement with his board of directors.  The CEO announces publicly that he will not negotiate.  He leaves the country and puts his CFO in charge of reaching a deal.  Except his CFO says he will not negotiate, either.  As a result, the company shuts down.

Whose fault is it?

In Obamaland, the fault never lies with the Commander in Chief, who seems to think his most important job is to blame others.  It’s a job he’s very good at.  While President Truman was famous for saying, “The buck stops here,” for President Obama, anything that happens is always someone else’s fault.

On the rare occasion that something good happens during his administration, though, he’s quick to take credit.  You may recall, for example, that he personally captured Osama Bin Laden.

How would you like to have a boss like that?

What’s Another $1,000,000,000,000?

March 15, 2013

It’s not easy to spend $1 trillion – unless you’re a member of Congress or President Obama.

In the U.S. Senate’s first budget in four years, Budget Chair Patty Murray would, among other things, cancel the sequestration cuts and rewrite spending caps to allow another $1 trillion in spending.

The federal government spent $3.6 trillion in fiscal year 2012 and the federal debt is now $16.5 trillion and growing by the day, so what’s another $1,000,000,000,000?