America is Broke

Loading...

Sign in or sign up now!
Alert icon
Upgrade to the latest Flash Player for improved playback performance. Upgrade now or more info.
13,694
Loading...
Alert icon
Sign in or sign up now!
Alert icon

Uploaded by on Dec 10, 2009

Were broke. Americas broke. All year long, our friends on the other side of the aisle have been on a massive spending spree that our nation cant afford. We had a trillion-dollar stimulus bill that was supposed to created jobs immediately, and yet unemployment is now at ten percent in America and three million people have lost their jobs since it was signed into law. Weve got a budget thats going to double the national debt in five years, triple it in ten years. Weve got a $12 trillion national debt. We brought a national energy tax bill to the floor thats going to cost a trillion dollars passed it. We had a health care bill here several weeks ago another trillion dollars passed it. When are we going to say, enough is enough? Here we are today wrapping six appropriations bills together. Were going to spend half atrillion dollars. And its got over 5,000 earmarks in it. Things like: $292,200 for the elimination of slum and blight in Scranton, Pennsylvania; $300,000 for music and education programs at New York Citys Carnegie Hall, where they pay the employee who oversees the props more than $530,000 in salary and benefits; and theres plenty in here for Washington as well: $150,000 for the National Building Museum and $250,000 for the Wolf Trap Center for the Performing Arts, a concert venue. Listen, I dont know how worthy any of these projects are, but I do have to ask a question: are they more important than our kids and grandkids, who are going to have the pay the debt because we dont have the money to spend on this? Its our kids and grandkids who are going to pay for it, and yet we cant find ways to cut spending. Before taking office, the President said he would go through the budget and these bills line-by-line, page-by-page. After Congress passed the $410 billion omnibus spending bill with more than 9,000 earmarks, the President signed it, and said, well that was last years business. Now the President says reducing the deficit is next years business that we need to spend our way out of this economic recession were in. Well I think the President ought to go through this bill line-by-line and page-by-page, all 2,500 pages of it. And then maybe hell figure out, we dont need to be spending this money that we dont have and piling more and more debt on the backs of our kids and grandkids. Instead, our bond rating, our AAA bond rating is in jeopardy and our Democrat friends want to raise the debt limit next week by $1.8 trillion. Instead, lets stop the madness and vote no.

Category:

News & Politics

Tags:

License:

Standard YouTube License

  • likes, 28 dislikes

Link to this comment:

Share to:
see all

All Comments (324)

Sign In or Sign Up now to post a comment!
  • Foreign countries are buying and holding our bills (over our heads). America is not just broke, she's destitute

  • awwwwww! poor begging bastards!

  • this guy is just a puppet to manipulate the americans, what a mess the usa is in, obama is not the answer, he would not have passed the ndaa bill if america was broke,

  • how does america claim that they are broke when they pass a bill, the ndaa and it costs 662 million, and how much are these so called bunkers that they are building costing, they rob the peoples pensions, what a negative statement

  • Just so people know 12 trillion of the debt is owed to us: US bond holders, and secondly the remainder to other contries and the world bank, we do not have to pay back. Simply. Clinton did it.

  • @slitzkrieg O Rlly,

    Wow your so fucking arrogant.

    "jelous, terrorists, poor and selfish" ?

    Sounds like you

  • We need a president that cares ONLY about America and not about Others. After all, the Others are jealous, are terrorists, poor, selfish and corrupt. America becoming weak is an insult because while America becomes weaker the Chinese Communists are getting richer and this means that Communism is Winning! I would rather die than see that happen to my great country, USA. We are taking loans from communists - go to China and you will see or understand (I promise) - that the Chinks hate us.

  • Yea, why do we need to care about people that don't give a damn about us, instead of spending or donating it to them we should use it for ourselves. It is us who can save ourselves, it is we who care about ourselves the most. So WE need to keep more and give less (coz we are poor now and the act of giving is for the rich not the poor).

  • AMERICA NEEDS TO START WORRYING ABOUT OUR OWN COUNTRY INSTEAD OF EVERY WHERE ELSE ,,IS CHINA GOING TO BAIL US OUT I THINK NOT !!! CHARITY BEGINS AT HOME FOLKS WE NEED TO START LIVING BY THAT RULE

  • Anybody getting hot and bothered on here accusing Obama or Bush, Democrats, or Republicans, are just part of the problem. Both spend to high heaven. Deficit spending is justified in some respects, such as in downturns and for large infrastructure outlays (since you cannot possibly save up the cash to build it - it is like saving up money to buy house outright) but during good times it's not meant to happen. Face it, politicians are politicians regardless of their persuasion.

Loading...

Alert icon
0 / 00Unsaved Playlist Return to active list
    1. Your queue is empty. Add videos to your queue using this button:
      or sign in to load a different list.
    Loading...Loading...Saving...
    • Clear all videos from this list
    • Learn more