Barack Obama either doesn't care about
the country's surging debt, or he's intentionally trying the
bankrupt the U.S. But to what end?
I am not so sure that President Obama is not intentionally
trying to bankrupt the United States of America. I know I'm not
supposed to say that out loud, but I'm just looking at how the man
When a problem like our country's debt is spiraling out of
control -- and economists and serious thinkers on both sides of the
political spectrum warn against the coming calamity due to the debt
-- and Obama shows absolutely no interest in trying to cut or even
slow down the borrowing and spending, it does make one wonder what
his motives are.
Normally, one would assume that the president would care about
this, but there has been no evidence in four years now to
demonstrate that he does. The lone exception was the debt
commission that he put together at the beginning of his first term,
and when they issued their report Obama threw it in the trash. It
was if the commission was all for show and he never had any intent
to implement their recommendations.
Here you have a house that's smoldering and the
owner doesn't even want to get out the garden hose, much less call
the fire department? Does that make sense?
Since Obama took office, the national debt has gone from $10
trillion to $16 trillion. This is what I mean when I suggest he
either doesn't care about the surging debt or -- to take a more
sinister view -- he's actually trying to run up the debt. But to
Another item that raises my suspicions about Obama's intentions
is the fact that his Secretary of the Treasury, Timothy Geithner,
now says we need to get rid of the "debt ceiling" altogether. The
debt ceiling is the limit to the amount of money the federal
government can borrow. Only the Congress can extend that
In other words, Obama's number-one financial guy says the
president should be able to borrow an unlimited amount of money
without congressional interference. Is this a sign of an
administration that is in any way serious about reducing the size
While my questions about Obama's intentions are the things
movies are made of, I agree, as I have said, I am only looking at
the facts and his actions and inactions. Here you have a house
that's smoldering and the owner doesn't even want to get out the
garden hose, much less call the fire department? Does that make
But as I have stated before, the Republicans must shoulder some
of the responsibility for the debt as well. But at least they want
to do something about seriously cutting spending, including
entitlement reform -- which is the big reason we continue to go
into debt. Obama doesn't even want to do that. And in November the
American people -- by a 51% to 48% advantage -- affirmed Obama's
position of continued trillion-dollar yearly deficits. Half of
Americans don't pay federal income taxes so they don't see
themselves as having skin in the game. It's human nature -- they
are not paying in, so what do they care?
In a few weeks we could have the Mother of All Showdowns when
the debt ceiling vote comes up again. President Obama, before he
left to go back to Hawaii for more golf, told Republicans he will
not discuss with them the debt ceiling increase. In essence he told
them: "You will borrow more money without any concessions or
spending reductions of my part."
And unless the Republicans want to "shut down the government" or
"put America into default" (although the debt could be serviced
without going into default), they will do exactly as they have been
told by Obama. The pressure will be enormous on House members who
threaten to vote no on borrowing more money to feed the federal
It is going to be interesting to watch.
Tim Wildmon (email@example.com) is president of the American Family
Association in Tupelo, MS. This column is printed with
This column is printed with permission. Opinions expressed in 'Perspectives' columns published by OneNewsNow.com are the sole responsibility of the article's author(s), or of the person(s) or organization(s) quoted therein, and do not necessarily represent those of the staff or management of, or advertisers who support the American Family News Network, OneNewsNow.com, our parent organization or its other affiliates.