[ExI] anti-capitalist propaganda, was: retrainability of plebeians

[BillK]

On 5/15/09, spike wrote:
>  This is the actual quote, which causes me to think 0bama gets it:
>
>  "We can't keep on just borrowing from China," Obama said at a town-hall
>  meeting in Rio Rancho, New Mexico, outside Albuquerque. "We have to pay
>  interest on that debt, and that means we are mortgaging our children's
>  future with more and more debt."
>
>  Holders of U.S. debt will eventually "get tired" of buying it, causing
>  interest rates on everything from auto loans to home mortgages to increase,
>  Obama said. "It will have a dampening effect on our economy."
>
>


Hmmmm.  This strikes me as rather an odd remark for Obama to make.

After all, he has previously criticized the Republicans for deficit
spending. It is not a sudden new discovery for him. And it is his huge
deficit budget which is causing the future problems.

Is he a hypocrite?

Or, maybe, after his 100 days, he is realizing that he has been led by
the nose by all the crooked financiers and he is starting a push back
against them.

Interesting.

BillK