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Debt requires vote against Obama

| April 15, 2012 7:00 AM

President Obama, in a recent speech, said of the Republican Party that, “to do the same thing over and over and expect a different result, is “mad.” I assume he was referring to their demands for less government, a balanced budget, higher employment, along with lower gasoline prices, as “mad.”

President Obama, evaluated the histories of the United States and the European nations and declared that he wanted the United States to be “more like Europe” (socialist). Just a small reminder that the U.S. free market capitalist system grew from zero in 1776 to the greatest, most powerful economic force in the history of mankind. It took about 236 years, and it surpasses all of Europe combined.

We can view Europe’s grim socialist history from the beginning of recorded time and see where it is now. We bailed them out of at least two major wars and now the great progressives want us to bail them out financially, again. If you were to place these two records on the board for all to see, which do you think would be chosen as far superior.

This is the choice we will make in November. If we truly believe that Barack Obama is that intelligent, we might arrive at the conclusion that all of his disastrous economic decisions have been well planned. The only factor that can totally destroy a free market capitalist system is massive overpowering debt. About $16 trillion should do it (usdebtclock.org).

The U.S. Office of Budget and Management, in Obama’s government, says that the U.S. government will collapse by 2027 if left on it’s present course. The former chairman of the Federal Reserve, Alan Greenspan, said, “ that we are on an unsustainable course.” Current chairman Ben Bernanke says, “we are on an unsustainable course.”

Unsustainable means we cannot continue. We do have a choice.

DALE ROBERTSON

Laclede