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National debt has now increased over $5,000,000,000,000 since Obama took office

That is a lot of zeros.  Wanna see what that would look like in stacks of $100 bills?  It would be five times more than depicted here.  Notice the little dude in the lower left...

cnsnews.com says:

In the 39 months since Barack Obama took the oath of office as president of the United States, the federal government’s debt has increased by $5,027,761,476,484.56.

Although he has served less than a term, Obama is now the first American president to see the federal government's debt increase by more than $5 trillion during his time in office.

During the full eight years that George W. Bush served as president, the federal government's debt increased by $4,899,100,310,608.44. (Rising from $5,727,776,738,304.64 to $10,626,877,048,913.08.)

The $5,027,761,476,484.56 that the debt has increased during Obama's presidency equals $16,043.39 for every one of the 313,385,295 people the Census Bureau now estimates live in the United States.

Plan to Balance Budget in 5 Years--Eliminate Education, Energy, Housing, Commerce Departments

A serious budget with some serious cuts. It would reduce the size of governmentk put power back into the hands of states, and balance the federal budget in five years. CNS News:

Senators Rand Paul (R-Ky.), Mike Lee (R.-Utah) and Jim DeMint (R.-S.C.) introduced a budget plan on Thursday that would balance the budget in five years and pay down $2 trillion of the national debt in 10 years.

The plan includes spending cuts, entitlement reforms and tax reforms.

Paul said that the “Platform to Revitalize America” is the only plan consistent with the balanced budget amendment Republican advanced in the U.S. Senate because that amendment requires that Congress balance the budget in five years.

The plan eliminates the Department of Commerce, the Department of Education, Department of Housing and Urban Development and the Department of Energy.

“By eliminating departments we don’t have to make as significant of cuts in other areas,” Paul said.

“So entitlement reform could be more gradual because we eliminate some departments that we think should be done by the states and the localities,” he continued.

Other comprehensive steps to scale back the size of the federal government include selling off excess federal properties and land and defunding duplicative agencies.

#EFAD Communique: D-Day! Thursday, March 1

The Range is Hot! Operation #EFAD has gone loud. 

The Amazon Kindle Store has Enemies Foreign And Domestic listed for FREE today. 

Just below is the raw URL link to the Amazon Kindle free download page for EFAD. Use this to cut and paste across the internet, on Facebook, Twitter, and any forums or blogs you frequent. Don't forget to put in an #EFAD hashtag, even off of Twitter, to make it all searchable. 

This D-Day Communiqué will be updated today, as we cross the beaches and move inland on Operation #EFAD
Please check in from time to time for new tactical guidance.

Bracken--OUT! 

Click here to be taken to the Kindle ebook at Amazon.

Official "Operation #EFAD" Communique

The first of many that Bracken has published this week.  Go here to read them all.  The Enemies Foreign and Domestic (Kindle) trilogy is a good read.

Obama justifies health care and financial reforms with Bible quotes

Context is important. If you are going to quote scripture as a way to jusify policy, you should probably make sure that it means what you think it does first. From HotAir:

This morning, at the National Prayer Breakfast, Barack Obama cited Scripture as justification for his policy agenda — from reforming health care to ensuring that financial institutions play by fair rules to taxing the rich. BuzzFeed’s Zeke Miller reports:

The president said he often falls to his knees in prayer, and emphasized the role of his religious values in determining where to lead the country.

“I’d be remiss if I stopped there; if my values were limited to personal moments of prayer or private conversations with pastors or friends. So instead, I must try — imperfectly, but I must try — to make sure those values motivate me as one leader of this great nation.”

Obama maintained that his call for the wealthiest to give up their tax breaks, he’s doing so out of economic necessity, but also in line with biblical teachings.

Congressional Budget Office predicts $21.7 trillion in debt by 2022

Think we're in bad shape now? Don't do anything and the debt incurred by the policies of the Obama administration will increase by 47% over the next decade.

The updated outlook, released Tuesday, found that current Obama administration policies will result in a 50 percent increase in debt held by the public and a 40 percent increase in intra-governmental debt held in the trust funds of entitlement programs.

“In CBO’s projections, debt held by the public is expected to increase by more than 50 percent between the end of 2011 and the end of 2022, and debt held by government accounts is expected to rise by nearly 40 percent,” the CBO report found.

As a result of this rise in federal debt, CBO projects federal debt will reach $21.7 trillion by 2022.

“As a result, gross federal debt is projected to climb every year from 2012 to 2022, reaching $21.7 trillion in 2022—47 percent more than its total of $14.8 trillion at the end of 2011.”

These projections come under CBO’s so-called baseline scenario, which assumes that all provisions of current law go into effect – including the massive tax increases currently scheduled to take effect in 2013 when the Bush tax rates are set to expire.

Read the whole thing at CNSNews.

Senior Administration Official: "We are just going to kill the dollar."

If you had any doubt that the dollar could lose any more value, this should put it to rest. According to a senior official at the White House, the plan is to intentionally weaken it... at our expense.


(http://www.youtube.com/watch?feature=player_embedded&v=OeIFcuVTS3U)

According to investor Kyle Bass, a senior Obama administration official stated that their economic plan moving forward involves killing the dollar.

Speaking at AmeriCatalyst 2011, which took place in early November 2011, Kyle explained what the Obama administration official apparently told him.

“The governments idea right now is we are going to export our way out of this and when i asked a senior Obama administration official last week how are we going to grow exports if we wont all nominal wage deflation, he said we are just going to kill the dollar.”

Chris Duane, of Dont-tread-on.me, wrote that this simply means that they are going to print more and more dollars until all of our purchasing power is destroyed which will cause Americans to need more and more dollars to buy the same amount of goods.

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by Dr. Radut