Posted on 03/04/2009 6:02:15 PM PST by NormsRevenge
WASHINGTON (AFP) President Barack Obama on Wednesday promised to save American taxpayers 40 billion dollars a year by slashing waste in government contracting, with a special eye on bloated spending on defense.
"I reject the false choice between securing this nation and wasting billions of taxpayer dollars," Obama said on a day when he signed a presidential memorandum reforming the contracting system across the entire government.
"In this time of great challenges, I recognize the real choice between investments that are designed to keep the American people safe and those that are designed to make a defense contractor rich," Obama said.
The president's promise to clean up contracting was in line with his pledge to cut the soaring federal budget deficit in half by the end of his mandate in 2013.
As Obama spoke, he was flanked by his former Republican rival for the presidency, Senator John McCain, who is a hawkish opponent of wasteful spending in the Pentagon, and scours legislation for lawmaker's pet projects.
Obama honed in on runaway Pentagon spending, vowing that "the days of giving defense contractors a blank check are over," and highlighted work by Defense Secretary Robert Gates to overhaul military procurement at the Pentagon.
(Excerpt) Read more at news.yahoo.com ...
LOL!
Oh, that was a good one!
You really need to post that this is from The Onion, though. ;)
A target of $40 billion after commiting to hundreds of billions in spending. I am voing to vomit...or drink.
No kidding! This is excellent satire!
I will simply all go to government union workers.
Granted there is tons of waste in military spending, I will be eager to see when BaCOCK then goes after the waste in other government programs and agencies. I won’t hold my breath though. The military most likely will be the first and last place he looks for waste.
Seriously, this is the equivalent of Pravda!
It is raw propaganda.
The opposite of reality.
Wow! Obama has “saved?” the citizens a whopping $40 Billion after spending 30 times that much on his stimulus bill.
I feel obligated to bow before Obama and give my eternal thanks. (Super Barf).
SO—What’s left is billions going to ACORN and La Raza
He uses this dumb grammatical construct all the time. I guess it works with the drones. Who ever said we have to waste billions to secure this nation.
Embarrassing that the CIC is this ignorant! I hope that only those who voted for Zero suffer in the next terrorist attack. The rest of us don’t deserve it.
Puke then drink :D
Wow, am I ever impressed. This wouldn’t pay off 1% of the interest on the spending Obama has announced so far.
Not hundreds of billions, TRILLIONS of dollars. And that is just next year!
I expect the media would smear themselves with their own fecal matter if they thought that would sell Obama to the US public.
You’re right. The headline is an attempt at lodging certain lies in the minds of the gullible. “Didn’t you see the paper? He’s taking an AX to the budget!”

US President Barack Obama speaks in the Eisenhower Executive Office Building next to the White House in Washington, DC. Looking on at rear are, from left: Rep. Peter Welch, Senator Claire McCaskill, Senator Carl Levin, Senator John McCain, and Rep. Edolphus Towns. Obama outlined a plan to save tens of billion dollars a year in wasteful government spending. (AFP/Mandel Ngan)
The Obama Administration is a fat anorexic.
It still eats more than it pukes.
He should probably turn the handle around.
Mr Oboma considers ALL defense spending wasteful. It has always been his agenda to steal from the defense budget to pay for his social engineering.
$40 billion is just a beginning

US President Barack Obama (L) greets Senator John McCain (R-AZ) (R) before a dinner for committee chairmen and other congressional leaders at the White House in Washington, March 4, 2009. REUTERS/Jonathan Ernst (UNITED STATES)
Constant propaganda double talk like the old USSR. Confuse the populace and exhaust them with constant crisis.
The Bush years are looking like nirvana and paradise.
Gosh, this is like PT Barnum being President. All show!
or NASA...
I was talking about Porkulus alone and not the pending spending bills. Fourty billion is just their target amount for savings and it truly is just a speck compared to the amount that future generations will have to pay-off.
You mean he’s going to stop travelling and actually do some work?
Who believes this BS? We just spent a trillion dollars, and we’re about to spend about 450 billion more. Then there’s the prospect of spending 4 trillion more over the next couple of years. Obama must think we’re all fools. Considering the fact that the public elected him, he’s right.
Typical Democrat. Only lies when his mouth is moving.
First I checked the article to see if you took liberties with the headline (sorry).
Then, when I saw it was a perfect quote, I soiled myself laughing.
BULL CRAP
I agree Obama. Cut “runaway” Pentagon spending while we’re fighting 2 wars but forgawdsakes, save the mice in San Fran.
That’s a no brainer.
...and what about the $78 billion they lost?
ap has piece titled on wire
Obama orders overhaul of `broken’ US contracting
http://news.yahoo.com/s/ap/20090304/ap_on_go_pr_wh/obama_waste;_ylt=AgfJWH2Xi3Nv1MKPVoGSSnCyFz4D
Great, that will keep AIG solvent for another couple of months.
Mr. Obama intends to destroy our military, and this is just the beginning.
He’s going to convert all of the missle tubes in Trident submarines for transgender berthing.
He really believes this ~
Within weeks the odds are good he'll be a physical danger to his family. I predicted his wife wasn't going to hang around DC with him much past the first 6 weeks in office, and here we are.
Michelle knows.
This is joke. It’s even beyond the Onion.
it will take a couple of years for the sheeple who are watching American Idol right now and not paying attention to stop laughing and get it.
I hope we still have a free country left by then.
I checked the article to see if you took liberties with the headline (sorry).
—
LOL
No problemo.
The first thing that came to mind when I saw the word
Axe was.. uhh, you know who.. The First Grump
;-)
I’m drinking now.
With the budget he’s got a “Won’t ax, don’t tell” policy.
Constant propaganda double talk like the old USSR. Confuse the populace and exhaust them with constant crisis.
—
I hear ya. I hope folks are able to recognize it for what it is.
ROTFL!!! These satire posts get me everytime!
Obongo’s definition of bloat: DOD, Veteran’s Administration, CIA, FBI, NSA.
His masters in the caves in Pakistan and Afghanistan are undoubtedly so jubilant they’re crapping their kurtas.
Obongo is under the direct control of our enemies and is guilty of treason.
I sometimes wonder if the powers that be in the Democratic Party are ever embarrassed by the people they nominate?
So, Obama is going to slash necessary defense spending in exchange for bridges to nowhere, studies for field mice, and tattoo removal in California.... Grrr....
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