What is the president doing??
His trip to India includes an entourage of upwards of 3000 people, 20 aircraft, 40 automobiles, 34 war ships, the renting of the entire Taj Mahal (800 rooms), all at the expense of a reported 2oo million dollars a day.
Our national debt is almost 14 trillion dollars. We are broke.
With so many Americans out of work and the prices of everything going up, everybody else is cutting back.
And yesterday, the Fed announced that we are now printing between 600 billion and one trillion dollars to buy our own bonds to prop up our economy. Our president can hardly afford to take fancy trips. The world is watching. Why is he going?
If your neighbors owed you trillions of dollars, and you watched them spending the money on grossly ostentatious trips, what would you think?
This administration is purposely devaluing our dollar. How do our lenders view that? Do you think they think we will ever be capable of paying them back?
At first I thought this was an excercise in redistribution of wealth to India, but according to the Times of India, the local shopkeepers are losing money, because they must shut down their businesses to accommodate the president. So the Indians are being put out for our president.
The president says he wants to go to India to see the Festival of Lights, because he wants to experience it. Really?
Something doesn't add up.
Thursday, November 4, 2010
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