Spock Obama: Where no Prez has Gone B4

Just a bit of Friday night cartoon fun while I wait out the rain before the Royals game.
I did like what our president said yesterday about deficit spending. Here is an excerpt from the Bloomberg report:

President Barack Obama, calling current deficit spending “unsustainable,” warned of skyrocketing interest rates for consumers if the U.S. continues to finance government by borrowing from other countries.

“We can’t keep on just borrowing from China,” Obama said at a town-hall meeting in Rio Rancho, New Mexico, outside Albuquerque. “We have to pay interest on that debt, and that means we are mortgaging our children’s future with more and more debt.”

Holders of U.S. debt will eventually “get tired” of buying it, causing interest rates on everything from auto loans to home mortgages to increase, Obama said. “It will have a dampening effect on our economy.”
My first reaction to this news was disbelief.. I really didn't think that the president thought this way. Gotta wonder why he has been spending the way that he has. I think this might be a good sign. What do you think?

Do you think that the president will make any substantial cuts or is this just a bit of covering your back? If things get bad he can always point back to yesterday and say "I told you so".. not that he will :)


  1. Perhaps I'm biased, but I do believe that Obama is truly trying to make the right decisions. I think he has been spending, because we are in a moment of economic emergency. He saw no other solution, but it probably wasn't his first choice. He isn't the one who got us into this mess, he's just trying to sweep up after the excessive partying.

  2. Clever and intelligent policitians all know how to talk the talk.

    You shall know them by their fruit.

  3. That is true, very true! I do think money had (has) to be spent in order to deal with the economic issues, though.

  4. Hmmm. What other source of income does the government have besides borrowing? What on earth will they do? Where WILL they get the funds?

    They can either raise taxes or quit spending so much. I hope the President will lead the government to cut spending.

  5. I think it is a good sign that he speaks out of both sides of his mouth

  6. Definition of a politician: One who speaks out of both sides of his/her mouth.


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