How bad is it? A bunch of North Eastern RINOs think you've spent too much!
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.
The TV media would protect Obama including all the usual scum like ABC, CBS, CNN, NBC/MSNBC/CNBC plus Saudi/Fox News.
The public is controlled by the TV.
I think its already too late.
I think a Great Fall is going to happen no matter who controls the Congress next year.
Judd Gregg is from New Hampshire, folks - for the moment he is the only Republican in that states congressional delegation. Gregg is a very good senator for the northeast - in order to get elected and stay elected in the northeast you can’t be Jim DeMint or Tom Coburn. Sorry, that’s just the way it goes.
Gregg is an outstanding fiscal conservative.
Anyone who lumps him in with Graham or McCain just isn’t thinking.
Anyone know what Gregg is up to next?
I believe the obama/soros goal is one world marxist government built on the ashes of the USA.
This nation is all that is stopping the global government. We are the last great hope for world freedom.
Can anyone stop the marxists? They are fully in the drivers seat.
hussein on jihad. ‘Think he cares about anything? His family? Do any sucidal jihadis?
...another question is ..IS ANYBODY keeping record of where all this money is going? I want accountability!!. The American tax payer demands it
That’s why Bayh and others are bailing out. They want to avoid being tarred and feathered when the STHF.
That’s why Bayh and others are bailing out. They want to avoid being tarred and feathered when the SHTF.
No, not really.
We may delay it, but we can’t stop it! The antichrist will eventually force the mark upon the world. The story has already been written.
I agree. Gregg thinks using TARP as a slush fund is unconstitutional and illegal. He’s right. http://www.freerepublic.com/focus/f-news/2443906/posts
I need to ask a silly question...what do we do to prepare for this explosion?
Isn’t Gregg a RINO’s RINO?
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RINO’s can speak the truth....sometimes.
My memory is shot so I can’t remember the source or where I read it, but some muzzie was talking to an American discussing the state of the world, and the talk came around to the Jihad against America. The muzzie said it has already been won. Looking at developments of late, I can see his point.
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