Thursday, June 17, 2010
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Wow! The "kick ass" president got totally manly during his first and only (ahem) 20-minute meeting with BP's brass yesterday, and demanded that they put $20 billion dollars into an escrow account to pay for present and future damages to our country. $20 billion! That's a lot, right?!
Well, yes, it is. Unless you compare it to much, much larger numbers.
Specifically, Obama and the democrats are currently adding $5 billion dollars in new debt to our country every single day. Meaning that the entirety of BP's escrow account would be spent by this administration in just 4 days.
Only, Obama and company won't stop spending in 4 days...which is why the damage they're doing to our country and economy is $35 billion each week...$140 billion each month...and over $1.6 trillion in just one year.
Put another way, the oil spill which Barack Obama has likened to an economic "9/11" for this country is roughly only 1% as damaging as a single year of his presidency.
So, tough guy, go suck that with a straw.