Obama-Pelosi Duo Mortgaging Our Country, Wasting Money

Nancy Pelosi promised to end wasteful spending on pork pet projects yet they just passed another $410 Billion bill littered with pork pet project spending and special interests. Together with Obama, they're destroying our country in a matter of weeks. Apparently, both of them think they can speak out of both sides of their mouth - say one thing while doing the opposite - and get away with it without anyone taking notice. Consider the facts below that I receieved via email today:

"Last night, I watched with disappointment and dismay as President Obama -- with Speaker Pelosi applauding loudly behind him -- rolled out literally hundreds-of-billions more in spending and tax increases.

It was like watching one of those horror movies where the bad guy keeps coming back...with even more scary big government programs that have failed the American people time after time. If you're keeping score at home here are the biggest boondoggles with the price tags attached:

* "Continuing Resolution" legislation to fund existing federal programs at $410 billion -- an 8.7% increase in spending over the last year which is the biggest increase on domestic spending since the Carter Administration. Currently being debated this week and next.
* Obama/Pelosi Housing Bailout at $275 billion. Proposed now and will be debated within days.
Bank Bailout at estimated $1 trillion. Details of this new Bank Bailout are still fuzzy but the numbers are huge. Debate to begin within weeks.
* Nationalized Health Care proposal is to be announced this Thursday. The President is saying his "health care reform…will not wait another year." We know what that means. Hundreds of billions more of your money and less individual health care choice for you.

So far, the Obama/Pelosi agenda has been all spending while taking our nation to historic debt levels. Last night, we saw the first big Obama/Pelosi tax increase. And it is genuinely massive -- try $1.2 trillion over the next decade on ENERGY, the one sector of the economy where prices are lower at the moment.
President Obama and Speaker Pelosi are now championing a "Cap and Trade" scheme that will ration energy while increasing taxes. A version of this proposal was introduced last year as the Warner/Lieberman Cap and Trade bill. Here are the key details from last year's legislation that are the basis for the Obama/Pelosi plan:
$1.2 TRILLION Tax Increase over 7 years on gasoline, home energy and really all energy in next decade. Source: Congressional Budget Office, April 10, 2008
this tax would cost the economy 3 to 4 million jobs according to an analysis by the American Council on Capital Formation
the average family would lose over $4,000 per year in purchasing power (and remember the Pelosi/Obama tax cut was only $800 per couple)
Gasoline prices would increase anywhere from 77 to 145 percent--that means prices of about $2 a gallon now would go up to $3.50 or even $5 a gallon.
In addition, the Washington Post has reported that President Obama's budget will also include income tax increases. More on that once we have the details tomorrow.
The numbers are staggering. But there is more. Under the Obama/Pelosi "Cap and Trade" scheme, for the first time the federal government will literally ration energy -- deciding how much energy should be available and at what cost to families and businesses. The impact on our families and economy will be disastrous."

If this continues, it may take decades or more for our country to recover. They show no concern whatsoever for the condition of the economy and they continue spending like money grows on trees -- continually spending us further into debt. The only thing on their minds apparently is furthering their socialist agenda as rapidly as possible - regardless of the destructive consequences.

How can Obama and Pelosi, in good conscience, come out promising "pay-as-you-go" - to not spend money we don't have - earlier this week and then follow that with immediate wasteful spending on socialist programs and projects. $800 BILLION here, $410 BILLION there, how about $275 BILLION to pay people's mortgages for them, MILLIONS of taxpayer dollars to fund murdering babies (abortion) in other countries, how about another $700 BILLION for nationalized healthcare... Come on, surely you can come up with more, my great great grandchildren still want you to rob from their piggy banks too. This is unbelievable. The majority of the popular press' failure to accurately cover the obvious falsehoods and contradictions is also beyond comprehension.

Here are a few links to news articles of interest:

Will Taxes Become Obama’s Weapon of Class Destruction?

Soldier questions eligibility, doubts president's authority'As an officer, my sworn oath to support and defend our Constitution requires this'


And please take action and sign the petition to tell Obama to STOP SPENDING YOUR TAX DOLLARS TO FUND ABORTIONS IN OTHER COUNTRIES!