Saturday, July 9, 2011

If nothing is done to cut Mr. Obama’s Visa card in half, the total U.S. debt, now at $14.3 trillion, will rise to $20 trillion by 2020. As Peter Ferrara notes in his new book, “America’s Ticking Bankruptcy Bomb,” “more debt will be run up in one term under President Obama than under all the presidents in history - from George Washington to George W. Bush - combined.”

Obama’s assault on the rule of law - Robert Knight -The Washington Times