Obama Prepared To Bailout European Union

In March the Congressional Budget Office said that should Obama’s 2011 Budget be enacted the U.S. Government would add an additional $9.8 Trillion Dollars to the nations accrued debt over the next decade.

While its clear that President Obama has no grasp on fiscal sanity racking up $3 Trillion Dollars of debt in just two years in office, the White House has announced that the American Taxpayers are prepared to Bailout the European Union.

Who will Bailout the United States when President Obama Bankrupt’s Our Country?

More here from CNBC

Related: Folly of a European Bailout –Market Watch

European Union Launches Antitrust Probe Into Google –Washington Times

This entry was posted on Thursday, December 2nd, 2010 at 1:03 am and is filed under Barack Obama, Budget Crisis, Economy. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Response to “Obama Prepared To Bailout European Union”

  1. Obamanomics: Record Spending, Deficits, Defaults says:
    June 10, 2011 at 3:23 pm

    […] the 02 December, I wrote here that President Obama has no grasp on fiscal sanity, raking up $3 Trillion of debt in just two […]

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