Obama Plans 'a Way to Hell'

[AAR]

Will enough informed and rational thinking Americans wake up and stop
Obama before he and the Democrat Congress leads them and America over
the cliff to economic destruction?



Associated Press, March 25, 2009...

EU Presidency: Obama Plans 'a Way to Hell'

STRASBOURG, France. [European Union President Mirek Topolanek] ...told
the European Parliament that President Barack Obama's massive stimulus
package and banking bailout "will undermine the stability of the
global financial market."

Topolanek's comments are the strongest criticism so far from a
European leader as the 27-nation bloc bristles from recent U.S.
criticism that it is not spending enough to stimulate demand.

The United States plans to spend heavily to try and lift its economy
out of recession with a $787 billion economic stimulus plan of tax
rebates, health and welfare benefits, as well as extra energy and
infrastructure spending.

To encourage banks to lend again, the government will also pump $1
trillion into the financial system by buying up treasury bonds and
mortgage securities in an effort to clear some of the "toxic assets" —
devalued and untradeable assets — from banks' balance sheets.

Topolanek bluntly said that "the United States did not take the right
path."

He slammed the U.S.' widening budget deficit and protectionist trade
measures ... and said that "all of these steps, these combinations and
permanency is the way to hell."

"We need to read the history books and the lessons of history and the
biggest success of the (EU) is the refusal to go this way," he said.

"Americans will need liquidity to finance all their measures and they
will balance this with the sale of their bonds but this will undermine
the stability of the global financial market," said Topolanek.



This is what happens when uninformed people elect an inexperienced,
slick talking media star for President, backed by an out-of-control
Democrat Congress filled with free spending Liberals all determined to
force their liberal agenda and Socialism on America -- regardless of
the cost and regardless of whom it may hurt or ultimately destroy!

An incompetent government destroying America's inheritance and
future...

Is this the change and hope for which Americans voted?

AAR