Free Republic

Hillary Clinton’s campaign took over the Democratic National Committee's funding and day-to-day operations early in the primary season and may have used that power to undermine her rival Senator Bernie Sanders, according to the party's one-time interim chairwoman. The DNC official, Donna Brazile, now a political analyst, wrote in Politico Magazine on Thursday that she discovered an August 2015 agreement between the national committee and Clinton’s campaign and fundraising arm that gave Clinton “control (of) the party’s finances, strategy, and all the money raised” in exchange for taking care of the massive debt leftover from President Barack Obama’s 2012 campaign....

To hear the mainstream media of the United States tell it, President Obama has been the greatest president to ever president. Ever. But if we are being unbiased, he's very simply not. He hasn't even been a good one. Of course, any objection to Obama being one of the great presidents ever will result in accusations of racism. That surprises no one and has become cliche. But the truth deserves to be told and there are people who are independent of mind enough to recognize it and move forward with a more accurate and informed understanding of reality. So I'm...

(CNSNews.com) - The federal government’s “debt held by the public”—as opposed to its “intragovernmental debt”—has topped $14,000,000,000,000 for the first time in history, according to the latest numbers released by the U.S. Treasury. As of the close business on Aug. 10, the “debt held by the public” was $13,987,862,462,404.79, according to the Treasury. By the close of business on Aug. 11, it had risen to $14,012,831,105,933.15. By close of business on Aug. 12, it had increased again, hitting $14,012,909,909,536.53. When President Barack Obama was inaugurated on Jan. 20, 2009, the federal government’s debt held by the public was $6,307,310,739,681.66. Since...

When President Obama signs into law the new two-year budget deal Monday, his action will bring into sharper focus a part of his legacy that he doesn’t like to talk about: He is the $20 trillion man. Mr. Obama’s spending agreement with Congress will suspend the nation’s debt limit and allow the Treasury to borrow another $1.5 trillion or so by the end of his presidency in 2017. Added to the current total national debt of more than $18.15 trillion, the red ink will likely be crowding the $20 trillion mark right around the time Mr. Obama leaves the White...

To the surprise of absolutely no one, the nationÂ’s debt has skyrocketed during President Barack ObamaÂ’s tenure. In a little over five and a half years, the Obama administration has added more than $7 trillion to the total, a number that represents more debt accumulation than the administrations of George Washington through Bill Clinton combined. At the close of business on July 31, the nationÂ’s debt was $17.6 trillion, with $7.06 trillion of it accumulated since Obama was inaugurated in 2009. CNS News offers some gut-wrenching perspective regarding the numbers: As of June, there were 115,097,000 households in the United...

On July 3, 2008, then-presidential candidate Barack Obama infamously called President George W. Bush “unpatriotic,” and his polices “irresponsible” for adding $4 Trillion to the country's "credit card." This was almost more than all other US presidents combined, he argued, and therefore was putting America on a dangerous path to fiscal insolvency. Less than six years into his own administration, however, the president has failed to reverse the untenable course set by his predecessor; and, indeed, is making America's heavy debt burden even worse. CNS News reports: The total federal debt of the U.S. government has now increased more than...

Obama has given up seeking a solution to America's financial woes American Way: After nearly six years of back-and-forth with Republicans over America's finances, Barack Obama has signaled that a deal is now beyond his grasp John Avlon 5:25PM GMT 01 Mar 2014 Without a bang or a whimper, all hopes of striking a so-called "Grand Bargain" to put America's public finances on a sustainable track died a quiet death this week. And because cynicism passes for wisdom in Washington, the passing was little lamented. But its death is a loss to the cause of putting America's house in order,...

Obama Adds Over $500 Billion In New Debt in Just Three Months Under McConnell’s Blank Check Debt Ceiling Deal Half a Trillion in Just Three Months President Barack Obama has blown through more than $500 billion in deficit spending in the three months since passage of the deal proposed by Senate Minority Leader Mitch McConnell (R-KY) on easing the debt ceiling battles that gave Obama virtually unlimited borrowing authority from October 17, 2013 through this February 7th. Treasury Secretary Jack Lew sent a letter to Congress today imploring the debt ceiling be raised by February 7th, or the end of...

There's a super storm raging over our economy that's been seeded and fueled by the federal government over a period of the past several decades. And it's literally costing the country trillions of dollars in GDP per year. It’s not merely garden-variety government waste that's the problem either. It's monumental stupidity by the government, combined with venial cupidity by voters who think they can get others to pay for their free lunch. This government-created storm has, more than any other factor, contributed to the fiscal crisis; a crisis that is creating more expansive government programs, robbing us of more GDP,...

In his first weekly address of the New Year, President Obama touts the "fiscal cliff" compromise as "one more step in the broader effort to grow our economy and shrink our deficits" but warns that another "manufactured crisis" over the debt ceiling could wreak havoc on the economy.

Top U.S. lawmakers voiced rising fear on Sunday that the country would go over "the fiscal cliff" in nine days, triggering harsh spending cuts and tax hikes, and some Republicans charged that was President Barack Obama's goal. "It's the first time that I feel it's more likely that we will go over the cliff than not," Senator Joe Lieberman, an independent from Connecticut, said on CNN's "State of the Union." "If we allow that to happen it will be the most colossal consequential act of congressional irresponsibility in a long time, maybe ever in American history," Lieberman added.

When Admiral Michael Mullen was chairman of the Joint Chiefs of Staff, a reporter asked him to name the most significant threat to U.S. national security. His response? Our debt. On Monday, speaking to a panel of former members of Congress, Admiral Mullen elaborated on the dire implications of America’s fiscal path to our national security: “A nation with our current levels of unsustainable debt, being this far out of fiscal balance, cannot hope to sustain for very long its superiority from a military perspective, or its influence in world affairs. That was not intended as a partisan statement then,...

Barack Obama touched on the issue of the federal deficit last night, telling late night talk show host David Letterman that the U.S. doesn't have to worry about the debt "in the short term." Responding to Letterman's concern about the growing deficit, Obama first deflected blame on to his predecessor, George W. Bush. Read more: http://www.businessinsider.com/obama-debt-deficit-letterman-2012-9#ixzz26ySdS3mg

http://www.youtube.com/watch?v=jboTeS9Okak

Read the entire 7,000 word ABC News story to get a grasp of Obama's incompetence in dealing with a major negotiation. Absolutely breathtaking: An explosive mix of dysfunction, miscommunication, and misunderstandings inside and outside the White House led to the collapse of a historic spending and debt deal that President Obama and House Speaker John Boehner were on the verge of reaching last summer, according to revelations in author Bob Woodward's latest book.The book, "The Price of Politics," on sale Sept. 11, 2012, shows how close the president and the House speaker were to defying Washington odds and establishing...

The U.S. has never before had a President who thinks so little of the American people that he imagines he can win re-election running on the opposite of reality. But that is the reality of President Obama today. President Obama's own 2013 budget shows that as a result federal debt held by the public will double during Obama's four years as President. That means in just one term President Obama will have increased the national debt as much as all prior Presidents, from George Washington to George Bush, combined. But this 2012 election is defined for the voters by the...

President Barack Obama has been increasing the national debt during his presidency by an average of $4.24 billion per day ($4,240,506,004.34) putting him on a pace to increase the national debt by $6.2 trillion ($6,195,379,272,340.74) by the end of his term on Jan. 20, 2013, according to the debt figures published by the U.S. Treasury.That $6.2 trillion is more debt than was accumulated by all U.S. presidents from George Washington through Bill Clinton combined. In fact, the U.S. national debt did not eclipse the $6.195 trillion level—the amount Obama is on pace to increase it in one term—until August 19,...

The latest posting by the Treasury Department shows the national debt has now increased $4 trillion on President Obama's watch. The debt was $10.626 trillion on the day Mr. Obama took office. The latest calculation from Treasury shows the debt has now hit $14.639 trillion. It's the most rapid increase in the debt under any U.S. president. The national debt increased $4.9 trillion during the eight-year presidency of George W. Bush. The debt now is rising at a pace to surpass that amount during Mr. Obama's four-year term. Mr. Obama blames policies inherited from his predecessor's administration for the soaring...

The most distressing outcome of the deficit hysteria gripping Washington may be what Barack Obama has revealed about himself. It was disconcerting to watch the president slip-slide so easily into voicing the fallacious economic arguments of the right. It was shocking when he betrayed core principles of the Democratic Party, portraying himself as high-minded and brave because he defied his loyal constituents. Supporters may hope this rightward shift was only a matter of political tactics, but I think Obama has at last revealed his sincere convictions. If he wins a second term, he will be free to strike a truly...

Obamacare will be a pivotal theme on November 2nd, but it is the underlying result of Obamacare, debt, that is fueling the backlash toward our current administration’s policies and the enablers in Congress who have rubber stamped an agenda of economic self destruction. Reversing Congress is the first step to undoing the economic policies of these spendthrifts.