Judd Gregg Slams Obama "This Country Will Go Bankrupt"

[pigletized]

God bless you Judd Gregg, you saved my life when I was dieing of cancer. you got me insurance when I was unemployed and helped my family. Now 20 years later I can be with and love my grandchildren. God bless you, you are a wonderful person. We owe you so much.

[kewlguyfl]

Capitalism leads some especially the "political elites" to seize power, write legislation, & create programs to create a dependency class that will re-elect them to power...as the system grows more unstable and bloated, it collapses into revolution whereby political actors like Obama and company can blame the very system their policies help destroy over time, radicalize the public, put a final end to constitutional government and remake the state....America, how much longer for your Obamanation?

[Conan568]

The One is doing everything he can to destroy the USA.

Impeach this Bastard while you still have a country.

[jensen1901]

Hey Gregg, Bush spending doubled the national debt from $5 trillion to more than $10 trillion.

I'm sure you were crying about that too, right?

*facepalm*

[jasian26]

Is this the responsible argument for Obama to add as much to the national debt in 20 months that Bush did in 8 years?

I doubt you even mentioned once the money Bush was spending when he was in office, if (a big if) you had a problem with it then, what Obama is doing now better scare the hell out of you. I love the intellectual dishonest of the left.

[imrnlil]

@jensen1901 Didn't you listen? He said the real spending is in the entitlements. What do you want to do, dismantle the armed forces and let us be overrun by every illegal looking for a handout and every terrorist looking to take over the free world. Bush wanted to privatize social security. He made his mistakes, but noting to the tune of Obamy.

[owchywawa]

I am not necessarily calling Obama a communist here, but I think it's time he realizes he's not running a communist country. It seems like he thinks all of the money goes to the government and then it is redistributed to the people. Sorry Obama, but it's time you face reality.

[verathewaitress]

I don't know much about politics, but I do know that when Gregg speaks, it's so transparent--he's a Blackwater Republican.

He leaves out any mention of the trillion dollars that we've spent on these wars, no mention of overspending by Blackwater as exposed by journalist Jeremy Scahil, Milwaukee Journal Sentinel.

The miraculous thing about Republicans is that they're so bold that they don't think their children will be held accountable. Theyll just change their names like Blackwater did.

[owchywawa]

@verathewaitress Stop blaming Bush it's getting old. I disagreed with Bush on the Bailout bills and stupid stuff like that, but pointing the finger to someone who can't do anything about it doesn't solve the problem. Obama is president he needs to stop spending our money and reverse the spending. That is true no matter who is saying it.

[verathewaitress]

@owchywawa Agreed. Let's start with the one trillion dollar military budget.

[imrnlil]

@verathewaitress You are an idiot. Obama has quadrupled the deficit. Quadrupled.

[unameitltd]

Gregg is a federal reserve apologist who promotes the blatent fraud the fed is independent and defends the dollar.

Buy a clue Sen. Gregg the FED is NOT independent IT IS the pawn of your banking contributors andc the dollar has lost 96% of its value since the fed stole the money creation power.

If a 96% loss is fed success, what would failure look like?

[Thisisnotmyrealname8]

Actually, Barack's policies will bring in a brief spat of prosperity. People will feel secure for a short time before it crashes down. Many people who oppose him now will get on board with Obama's policy standards. That inevitably means they are compromising their foundational morals, as that is where all policies are derived - whether you realize it or not. Daniel 8:25.

[Thisisnotmyrealname8]

The plan behind a New World Order is that once it is achieved then currency can be directly controlled. That means Obama's policies are aimed at achieving a New World Order as a huge gamble. If he succeeds (in the full blown theory) then the debt will not matter. Power and control will override debt. Why should China care about our debt? If we bend to their type of power (communism) then it's all good. We're all in the family.

[thyroperoxidase]

Judd Gregg: Asks Obama White House for postion then "suddenly" changes his mind and is NOT going to run again for his current position. Gee, I wonder what came out. . . maybe GAZILLIONS in tax evasion or worse. It never seems to come out when it's repuke or conserv. Hmmmm.

[arussianroulettekiss]

BTW

i live in the worse part of town crime wise and real estate value wise (the house I rent/take care of for my grandma) and go to a cheap college....I'm not just some rich kid telling you to live cheap. I grow my own food and have chickens to self sustain myself and to sell to farmer markets. It's called getting by. Self sustainment is the way to go to unless Bill 875 passes then we are all fucked.

[thyroperoxidase]

God Bless! Many of us are where you are or almost. Powers that be have made strong headway even into an Obama admin. They dream of nothing more " for us" than for them to live the lives of 10 Julius Caesars & average citizens be drained of body, mind & spirit - to help sustain their greedy pig lifestyles. Don't let them succeed, keep awake & aware & NEVER give up on bringing our country back to FREEDOM & PROSPERITY for

A L L ! Pass this on to every generation:Pigs will always be there.

[arussianroulettekiss]

I went to U of L for $3000 a semester so I wouldn't have to get loans....some people are just idiotic. I've never owned a credit card...you want to know why? Because I only pay cash.....you can't get in debt if you pay pure cash. There you go....

[thyroperoxidase]

Everyone should tear up their credit cards now. The pigs and parasites are counting on us to be their walking ATM. Interest rates now going up whether or not you have good credit. (And despite their bailout/welfare money rec'd.)

[hkjonus]

To hear a GOP puppet complaining about spending after 8 years of Bush spending is ridiculous. If we are headed for bankruptcy it was Bush and the GOP that brought us here. Obama has been handed the flight controls with the 15 minutes of fuel that Judd refers to. Now they are acting like Obama was the pilot that flew us to this point. What a Joke!

[bertly71]

So we increase spending because of that? I don't get your arguement.

[arussianroulettekiss]

YOU mean that Clinton started....Freddie and Fanny....because someone had the dumbass idea to give people loans to afford houses they can't....live the lifestyle you can afford....If you can't afford the lifestyle you want either get a better job/work longer hours or stop whining and SHUT THE FUCK UP! People who have paid off their loans and are not in debt should not be taxed for this country's debt. My parents are not in debt and neither am I.

[nhbright]

He started off sincere. Waffles.

[thyroperoxidase]

I'd like to say "Ditto" but I'm not a "dittohead" like them.

So I'll just say "Amen"

[hkjonus]

The big joke here is exactly what you eluded to. That the Republicans, who refer to the Democrats with derision as "Tax & Spend", are in fact the Spend & Spend Party.

Which is more mature and responsible? Someone who gets a job to make money to spend (raise taxes) or someone that gets a credit card and maxes it out, then gets another one and keeps on spending? They both lead to bigger government, but the latter leads to bankruptcy.

[thyroperoxidase]

"Spend & Spend" . Perfect. The looneys think a deficit economy is the way to go (aka: dismantle the country and eliminate the middle class). And the gullibles believe it.

[InteGrayting]

Obama is going to hurt our long term prosperity? His actions are going to bankrupt the good 'ol USofA? Um, what about passing legislation to force the lenders to give out loans without verifying income? Or after passing said laws, not checking with the financial industry to get a sense of what kind of loans were being used? Or, as to how GOP keeps saying this type of rhetoric, but still offers no tangable ideas of it's own as an alternative? Nope, it's esier to bitch then think, or help.

[rochesterinca]

How did Sen. Gregg become the GOP poster boy? Since Reagan, the GOP has had a long record of amassing huge deficits, so I haven't found fiscal restraint to be a GOP value. However, if I held such strong opinions as Sen. Gregg about what's wrong with the new administration, I'd EMBRACE the opportunity to "change from within". If I had the opportunity to exercise influence and tweak the country even 1% in the direction of what I think is correct, I'd take the Commerce job and serve my country.

[thyroperoxidase]

Why oh why did he withdraw?? Why? And he will not run for reelection. Why?? Oh won't someone tell me the REAL answer.

[crrlm8]

Anyone can make a claim? It takes nothing....Get your facts

[thedevilisbad]

Judd Gregg is a very wise and smart man. Watch him while he's speaking on the Budget Committee, he's the ranking member. He also makes an appearance on I.O.U.S.A.

This isn't a left or right issue. Bush didn't exactly do a great job with money. Clinton even did much better. Obama is going through with a Keynesian stimulus plan, unfortunately it was more of a spending plan than a planned out stimulus planned. Very rushed, very immature.

[hkjonus]

Maybe "rushed" but hardly immature. This needs to be done and done quickly. All past experiences with Stimulus Packages dictates that you do it swiftly and with as much as possible.

[barbarajaneoneal]

This treasonous insect from The GOP-PNAC-Likud Crime Family enjoyed bankrupting the US taxpayer for decades, invented fake WMD's, subcontracted 911 to their GOP-OPEC employee Bin Laden, overflowed Exxon-BP-Chevron -Cheney's treasonous Energy Task Force with hundreds of billions in US defict oil-war dollars, awarded no-bid destroy-rebuild contracts to GOP Halliburton-Blackwater-Dyntech GOP campaign funders, blocked audits of billions in GOP payola theft., so now this GOP bacteria crys.

[ReardonSteel1]

The Kenyan is a communist, period.

He and the hard-left are bankrupting the country to raise up a hard-left government in its wake.

Why else would a sane person do this?

It makes no sense at all, other than what I presented above.

[DizzMcMinyard]

I love when people create fake accounts, claiming to not be from the U.S., just so they can come on youtube and say, "Well sucks for you guys!" If the U.S. economy collapses completely then the whole world goes down with it.

[Deepstarr7020]

He lost me when he said "the American dollar will become devalued"

Where the hell has he been ,maybe he should close his mouth and crawl back under his rock

[thedevilisbad]

He's the ranking member of the senate budget committee.... which means he's hasn't been living under a rock. This man really knows his stuff, as does his counter part Kent Conrad.

[earbud83]

scary shit for you guys in u.s. Bad bad times, uck me

[wowholypriest]

The rally yesterday on wallstreet, is a last suckers rally, for the last greedy people, still trying to lure normal people back into the market.

I wish you all in america well, and hope you all get out of this downspiral, with not too many years of depression..

[djdk89]

Why are they complaining the country was in broke since the Truman administration

[xXblackflagXx]

he equates obama's budget to "flying a plane after the warning light comes on"? It's funny to me that republicans are always trying to boil down complex issues to meaningless and irrelevant phrases. Says alot about their intended audience...

[thedevilisbad]

You obviously don't know Judd Gregg, he's been crying about this type of issue for years, yes even under the Bush Admin. You need to watch IOUSA before you say something so uneducated and ignorant again.

[tommyhillbilly]

video no longer available...thanks yousucktube!

[jadeddave]

This country is and has been bankrupt for a long time already.

[iikkjslsjjiuhs]

Part 3...

Their toxic Prohibition era drug policies have completely destabilized both Mexico and the USA, providing housing for over 1,000,000 gang members INSIDE the US, while they themselves shutter and shiver over their pipe dreams of what repealing Prohibition could possibly entail.

"Better to bankrupt America, jeopardizing 300m citizens and arrest over 38 million citizens for drug consumption. Better to bolster a legal market for the major mass killers of alcohol and tobacco."

Azzh0les.

[iikkjslsjjiuhs]

Part 2...

The top "brass" management in the US gov (senators, lawmakers, congresspeople, governors, etc) MUST be fired, and tried in court for gross negligence that endangered(s) 300m US citizens, thru their irresponsible policies that ran the country into the ground. They then MUST be sued via a class action lawsuit by all the citizens who suffer / have suffered due to their "work" in office. This is in conjunction with installing Holland to run the USA after it is renamed to Holland.

[iikkjslsjjiuhs]

The critical issue here is, "So what?" The USA SHOULD go bankrupt. Just like companies who perform horribly are allowed in the "open market" to DIE so other, better run companies can come in and take their place - it's the same thing with this US gov. They're a bunch of foul money and political managers who've blown up the country financially. Let another country like Holland come in and manage the USA, changing its name to Holland, after the USA goes bankrupt.

Nothing wrong with that!

[truthforamerica]

Liberals are generous with everyone else's money.

[zzx2847]

Libtards: "We want FREE COLLEGE, HEALTHCARE, HOUSING"

NOTHING is FREE you fucktards! (Except I can make you a turd sandwhich for free. Mmm Mmm Mmm.)

[NAGGERNUTZ]

This is the man who Obama wanted as his Commerce Secretary. What would Obama be doing now if Gregg had abandoned his morals accepted the position? Would he heed Gregg's warning? Probably not.

[styleomatic]

One has to wonder: If the numbers are blatantly pointing to bankruptcy, WHY would this be going on?

1. Is Congress and the President ignorant of economics?

2. Why would anyone follow the SAME path down to what got us here? "Change"..... my ass.

3. Who is really in charge and calling the shots? The cough..... cough.... Federal Reserve BANKERS.... cough.

This is BULLS*** being heaped on us and our children. Think you are free? You're a godda**** SLAVE if you don't do something about it.

[Speakmymind02]

iyork

the last President, Bush started with a 5.6 trillion debt and ended with a 10 trillion debt,

Obama will take the 10 trillion and make it 20 (CBO #s)

Double Bush's debt

[iyork]

props to gregg for being a scare monger and not talking like this when the last president pushed our national debt from 2 trillion to 6 trillion. keep it real gregg!

[Vertigo2903]

Hes got some backbone..

[Kenneth1944]

Why does a man like this get on Crap News Network (CNN)?

Besides, Obama has more important things to worry about than the U.S. economy, he's more concerned about his bowling scores.

[bbnemesis123]

Judge Gregg is spot on. Spending DOES NOT remove debt, but makes you bankrupt.

[phuture101]

Hoover thought the same thing. Republicans have no ideas on what to do. So what should we do Lowers taxes huh?lol With no revenue coming in. how does that work? Obama does not run all the company that are laying people off so what should be done. Other then NO!

[bbnemesis123]

The federal government does not print or control the money supply in the U.S.

A private group of bankers controls the printing of money in the U.S. This is the ONLY reason why the U.S. is in this situation. Hoover was the one who sold out the U.S to these private bankers with the FED act of 1913. If you were a private bank, wuoldn't you want people to owe you as much money as they can? America needs to take back the printing of OUR money from the Federal Reserve(private bank).

[phuture101]

Even if we print it what will back it? Gold went out in 1933. So what will back the money to make worth something?

[bbnemesis123]

LOL. You do realize that this conversation will go on and on and on?

The first and foremost thing that America can do to fix our current crisis is to get back the printing of money. The bankers represent themselves. The federal govt represents America. When bankers print the money, we are slaves to the banker. When the federal govt prints the money, we are slaves to ourself. Any current amount of dollars can be adjusted down to a fixed precious commodity backed dollar.

[pfizzbones]

What a mess. So what would first step be...to repeal the Fed Act of 1913? Just asking, because this is so damned complicated. Another question...does this mean that all of this printed money is being encouraged by these private banks...and which ones are on the board?

[NAGGERNUTZ]

Actually, it was Woodrow Wilson who signed the Federal Reserve Act.

[bbnemesis123]

LOL... you are correct

thanks

[GOdupont24]

Props to Judd Gregg for not burying his morals and values for a buck and an office title.

[Sixthick66]

Kudos to him for not taking that job and for him to continue to speak out against what he knows is wrong.