Video: Sen. Judd Gregg (R-NH) blasts using TARP monies as a slush fund and discusses plans to raise the debt ceiling by $1.8 trillion -- Aired December 10, 2009
Senator Gregg points out, as Brad Sherman said, recycling TARP funds is not legal. Obama, the Deficit President, could care less. He and Geithner have plans to grease the skids with a 15th stimulus early next year.
- "We're borrowing everything we can get our hands on, and giving the bill to our kids."
When will the government spending madness end. Under the Deficit President, we're going to add $6 trillion to the national debt in 4 years.
The TARP funds that Deficit Obama and Tim The Captured plan to use for the proposed Jobs Stimulus have to be borrowed. These are not savings that we can re-invest. Ponzi nation.
The government budget this year is 50% borrowed. Yes. Fifty percent. $3.7 trillion budget with $1.9 trillion in receipts.
Have we lost our collective minds. We are Rome; our leaders are blind, and the voters are drunk on high-fructose delusion and American Idol anticipation.
Wake me up when we have a leader in the White House who cares.
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