Bernie Madoff ripped off $50 Billion dollars from hundreds of unsuspecting people, Chairman Obama, Nancy Pelosi, and Harry Reid have put together their own Ponzi scheme that will end up as a mulit trillion dollar ripoff of Million of taxpayers. Bernie Madoff has nothing on Obama!
From Sultan Knish:
Trickle Down Economics isn’t simply a conservative theory, it’s also a liberal one. The difference is that the liberal version of Trickle Down Economics involves taxing the public to death, and having Congress trickle down some of the money back to the public, in between massive doses of pork and waste. Obama’s Stimulus Plan is a perfect example of Liberal Trickle Down Economics.
And what is Obama’s deficit spending spree motivated by? By the liberal theory of Trickle Down Economics which claims that rolling out hundreds of billions for every congressman’s pork project, including protecting endangered mice, encouraging energy efficiency and giving millions in NEA grants will somehow trickle down to the average American and stimulate the economy.
If conservative Trickle Down Economics was challenged as delusional and an excuse to stuff the pockets of fatcats, liberal Trickle Down Economics is even worse. If giving business a break improves the odds that the economy will get a boost, expanding government projects only takes more money out of the economy to fund the endless spendathon of Washington D.C. politicians.
Corruption just doesn’t get any more corrupt, and derilicition of duty doesn’t get any more criminal, than a government faced with a recession, indulging its worst appetite for pork and graft, and trying to pass the whole thing off as a way to save the economy. Bernie Madoff has nothing on Barack Obama and Nancy Pelosi. At least Madoff had a working pyramid scheme going, the Obama government is destroying the one working pyramid scheme the government has, Social Security, carrying out a massive generational theft in order to give kickbacks to every scumbag who put Barry Hussein and the Congress of Corruption into office.
It’s a bitter irony that the same twenty-somethings who frantically cheered Obama and worked to stick him into office, can kiss any chance of seeing a penny from social security goodbye. By the time the 4 years of Obama are done, we’ll be lucky if there’s enough left to cover a few anacin.
Being the crook that he is, I’m surprised Madoff was not appointed to one of Obama’s cabinet positions given the track record of our Commander in Thief and his appointees tax history.
Michelle Malkin also has several blog postings about the biggest taxpayer funded ripoff in history.