This just about says it all about the priorities of this administration . . .
Found at The Patriot Post.
This just about says it all about the priorities of this administration . . .
Found at The Patriot Post.
Guess who is going to pay for all the new debt? Ramirez hints at just who is going into debt . . .
The Obama administration will formally ask Congress later this week to raise the nation’s debt ceiling by $1.2 trillion, according to Treasury Department officials.
The latest request is the third of three requests authorized by the contentious debt ceiling agreement reached last August and is expected to come on December 30 – the day the debt is projected to fall within $100 billion of the current $15.194 trillion ceiling. The new request asks the ceiling be raised to $16.39 trillion.
Editorial excerpt from IBD.
Jet Fuel-Gate Is Obama’s New Solyndra
Ecofanaticism: SolyndraGate was no isolated case of corrupt government misspending. The U.S. Navy was just forced to buy 450,000 gallons of biofuels from an Obama-connected firm at an outrageous $16 per gallon.
The massive Obama stimulus was supposed to generate millions of jobs, but the $535 million loan guarantee it gave to solar panel maker Solyndra on the eve of its Chapter 11 bankruptcy illustrated the fundamental incompetence of Obama’s neo-Keynesian economic ideology.
Now we find the Navy partnering with the Agriculture Department to purchase hundreds of thousands of gallons of alternative biofuel in place of standard JP-5 fuel for Navy aircraft — the biggest federal purchase of biofuel ever.
It’s part of the White House’s “we can’t wait for Congress” strategy as the 2012 election year looms. But JP-5 typically costs less than $4 a gallon. If a family on a budget started filling up with $16-a-gallon gas, it might want to adopt the motto, “we can’t wait to go broke.”
. . .
The biofuel will be used next summer by — we’re not making this up — “the Great Green Fleet Carrier Strike Force” in exercises near Hawaii. Mabus painted the picture of America’s great naval force advancing from sails to coal to diesel to nuclear, and now finally to biofuels. But if we keep starving the Navy, it may soon not have enough loose change to repair the sails on Old Ironsides.
Read the entire editorial.
On the big screen way back in 1966, Dean Martin played a secret agent, “Matt Helm,” whose main adversary was “The Big ‘O’.” Well, today, we have our own adversary – The Big ‘O’-bamacare. The erosion caused by this socialist and unconstitutional program is depicted quite well by this Ramirez cartoon.