Obama reducing the debt? Dream on ~ By David Limbaugh

Commentary from WorldNetDaily

By David Limbaugh Posted: December 11, 2009 ~ 1:00 am Eastern © 2009 Two recent news stories illustrate, more clearly than ever, the Obama Democrats' contempt for the free market and individual economic liberty. If given the chance, they will expand government and spend as much of our money as they can get away with. First we learn that Obama and his party simply will not agree to keep their grubby government hands off the estimated $200 billion the banks are going to repay under TARP. Just when we finally receive this glimmer of good news to ameliorate our reasonable panic over the ever-increasing national debt, Obama announces that he intends to intercept a good portion of the debt repayments and spend it on job creation and assistance to certain debtors. I assume we're supposed to be too dense to remember that his stimulus spending to date hasn't created jobs and that most of it hasn't even been used for that purpose. So when this administration says its first priority is reducing debt, understand we are being played – by consummate cynics. Likewise, the Democrats' various health-care plans contemplate $500 billion in Medicare savings between 2010 and 2019. But instead of using the savings to shore up this entitlement's solvency, they are charging forward with a new entitlement: major subsidies to the uninsured to buy health insurance. READ FULL STORY>>