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.
from sea to shining sea.
Amen brother!
What? No cents?
What was it when the O was sworn in?
“What? No cents?”
No. No sense.
$10,626,877,048,913
$10,626,877,048,913 ...and that is a shameful legacy of Bush. Now we need to show a slower rate of growth under Bush for any/every one-year period to effectively use the larger Obama deficit as a stinging attack on the current prez. We need a good number stat sheet posted on FR containing...
1. Current budget
2. Current deficit
3. Current national debt
4. Current interest on the national debt
and some comparisons for years past.
I wish Gregg would run for the White House. He’s stellar.
I’m beginning to wonder where is all the taxpayer money going? Federal, state and city governments are all going bankrupt at this time, coincidentally with leftists at the helm. Is Soros stashing it for them overseas....???
Grow your own vegetables and fruits, get a cow, some chickens, pigs and goats and you’re all set!!
Exactly. I’m the same way. I don’t hesitate to say things that get me called “racist” if the charge relies on the person redefining the word. I’m not going to let them censor my behavior by changing the true meaning of words. In fact, if someone accuses me of racism for disapproving of Obama, I ask since white guys are certainly capable of incompetence, are they trying to say black guys are categorically better than white guys? And calling ME racist because I disagree. Don’t let the bad guys define the field or make the rules. They’re liars and cheats and don’t deserve it, and will do no good with that power if we cede it to them.
“The way to crush the bourgeoisie is to grind them between the millstones of taxation and inflation.”
“A lie told often enough becomes truth”
“The goal of socialism is communism.”
“One man with a gun can control 100 without one. ”
“It is true that liberty is precious - so precious that it must be rationed”
“Without a revolutionary theory there cannot be a revolutionary movement.”
—All attributed to Vladmir Lenin
I was teaching an after school class today and asked the kids to name a good role model or mentor in their lives. One said Obama because he is kind, loyal, and honest and another said his dad who just quit his job.
My apologies...I left out the word blogspot...here is address of blog “An American Expat in Southeast Asia”:
To get a list of articles on ‘Barry Soretoro AKA Barack Obama”, just search the blog for “Barry” or Barack Obama.
NO, not just any member, it has to be as follows:
http://www.law.cornell.edu/background/impeach/impeach.htm
Please read the paragraph “Impeachment in a nutshell”, it helps those without a law/justice background to understand this is a specific process that must be followed according to U.S. Code.
Gregg is bipolar.
Please read about process in following paragraph “Impeachment in a Nutshell”...
http://www.law.cornell.edu/background/impeach/impeach.htm
I have an uncle with whom I rarely speak with but he's worth a few tens of millions of dollars (Sold an investment fun in 10/2007: aka Stock Market all time peak). He's building a ranch out in the country and two of his children are doing likewise. I pay attention to rich people getting on farms.
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