'But the public record of their [Obama family] spending shows that they had to regularly take out lines of credit to pay their bills. As reported during the campaign, Michelle Obama complained in hard hit Ohio:
I know we’re spending — I added it up for the first time — we spend between the two kids, on extracurriculars outside the classroom, we’re spending about $10,000 a year on piano and dance and sports supplements and so on and so forth,”
The Obamas were living beyond their means for several years according to an examination of their tax records and their mortgage documents.'
Friday, April 10, 2009
After reading this American Thinker piece on the Obama finances it's abundantly clear why Obama thinks his financial shell game with our money and our children's earning power will work. He's lived on getting Peter to pay Paul and it worked for him so why not for the rest of us? He's got a bigger house. He's got a better job. He's set for life.
I remember her astonishing figure for extracurricular activities. I had not noticed the 'for the first time' part. For the FIRST time?? Not only has the man never held a real job or run a successful business---they've apparently never actually created a family budget--and now he's in charge of all of our budgets.
It's just Monopoly money to him. He's taking payday loans to the extreme. America has rewarded his poor stewardship of family finances by giving him the biggest get out of jail free card ever. "He's to big to fail" now. And he's got enough power and influence to peddle that patrons will be ready and willing to continue to supply him with more Monopoly money for years to come.
Wednesday the National Taxday Tea Parties will be held. We have got to make enough noise to get Obama and his cohorts in Congress to realize we have had enough and they need to halt right where they are and stop spending OUR money, OUR futures and diminishing OUR rights.