Posted on 02/16/2010 6:43:52 PM PST by kristinn
Using his strongest language to date, Sen. Judd Gregg (R-NH) continued to sound the alarm about the dangers Barack Obama's budget policies pose to the fate of the nation in a speech given today to the New England Council in Bedford, New Hampshire.
The Ranking Member on the Senate Budget Committee has been speaking out in very stark terms about the effects Obama's trillion dollar deficits and out of this world spending will have on the near and long term future of the American people.
The Union Leader quoted Gregg as saying Obama's fiscal policies will lead to bankruptcy for the nation.
Gregg took aim at the President's $3.83 trillion proposed budget, which the Senator claimed would lead to economic disaster.
"We are right now, unquestionably, on a financial course which is unsustainable, which If we continue on this course, will lead our nation into some level of fiscal bankruptcy."
The AP quoted Gregg as saying Obama's policies will likely cause a "horrific event."
"The threat is that five to seven years from now we're going to have to substantively devalue the dollar, creating an inflationary event which would be a horrific event for the American people ... or alternatively, we will have to raise taxes so dramatically to catch our tail here on the spending side that we will basically crush productivity."
Gregg used slightly less alarmist language when he wrote in Investors Business Daily in June 2009 of his concerns about the ruinous debt Obama was planning for the nation.
Right now we are on a perilous and unsustainable fiscal course, which, if left unchecked, will lead to some disastrous results — devaluation of the dollar, massive inflation and a confiscatory tax rate on our children that will destroy any hope for the same economic opportunities and lifestyle that we have enjoyed.
Gregg's proposal for a bi-partisan Congressional committee on debt reduction was recently waylaid by partisan brinksmanship.
Gregg is retiring at the end of the 111th Congress after serving three terms as senator.
Impeachment would be a good ending, but blocking Obama's ruinous agenda would be a great beginning.
What is Judd Gregg willing to do to save the Nation?
It is not hyperbole to call what Congress and the President are doing, treason.
when did he figure this out.
Isn’t Gregg a RINO’s RINO?
Where is the BC? Gregg knows what he is talking about. Obama and his cronies planned this and this is almost exactly what I expected.
Well duh!
The question is why isn’t McConnell and Boehner the ones saying this?
Judd is all over the place lately. First a cabinet member, then declines, then strongly advocates for our side, then equivocates and pushes for bipartisanship, now this. WTF.
Who’s out there to impeach? He has his buds in place.
As long as Soros (the money boss) is there to pull the puppet’s strings,
I doubt there would be anyone bold enough to try it.
I know...and to think he almost worked for the thug.
Does it matter....he is speaking the truth.
Well what did all of you expect from someone who knew that he was not an Article II natural born citizen when he mockingly took the oath of office. Illegal does as illegal is.
He is not a bad guy. He is a RINo but he is retiring and not sticking around forever.
He is not stabbing a knife in the back of conservatives while kissing the Muslim’s arse like Juan McCain or Graham-nesty who is also for Cap and Trade.
No congressman/woman has power to impeach Obama, unless he violates a particular law severely and clearly worthy of impeachment, or behaves so irreprehensibly as Clinton or others in WH. The “O” isn’t going to do that, as he intends to bankrupt us...it is political and financial terrorism...look at the last appointment to middle east. What is controversy on this appointee...that he is a sympathizer with jhadists! Think about it. Why was he, of all people, appointed to that position.
No argument there, and I'm glad he is. It's just, if this is coming from a RINO, there's hope. Maybe others can be counted on too, now that Gregg's stepped up to the plate.
Wishful thinking probably.
“What is Judd Gregg willing to do to save the Nation?”
Sounds to me like he is getting out of Dodge. Maybe he and Bayh can run a 3rd party ticket.
To funnel money and intelligence to our enemies?
I agree. Glenn Beck mentioned such today in his show about someone in Washington having the dangles to step up and tell us the truth as it pertains to the coming economic crisis that Jack Squat claims he has overcome and has passed.......
Might be worth finding the video fo that show if you missed it.
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