How does one spell government bankruptcy? O-B-A-M-A

Posted on 2/4/2010 by Liberty Pulse with 0 comments

How does one spell government bankruptcy? O-B-A-M-A

If any CEO in the USA presented his board with a budget that was one-third unfunded, he would be fired and tossed out of the boardroom immediately.

President Barack Obama recently revealed a $3 trillion budget that had a $1.6 trillion deficit. The maximum deficit presented to Congress prior to this president was approximately a half-trillion dollars (in George W. Bush