BAM'S DOUBLE TALK

NY Post - June 11, 2009

How dumb does President Obama think the American people are?
On Tuesday, he and a cross-section of congressional Democrats assembled at the White House to declare an urgent need to restore the "PAYGO" system -- that is, spending rules ostensibly designed to impose some fiscal discipline in Washington.
"The 'pay as you go' rule is very simple," said the president. "Congress can only spend a dollar if it saves a dollar elsewhere."
Added Obama: "Paying for what you spend is basic common sense. Perhaps that's why, here in Washington, it's been so elusive."
Now that's rich.
After all, the man championing this newfound fiscal austerity is already running a $1.8 trillion deficit this year.
That includes the $787 billion stimulus package, plus various corporate bailouts and other spending.
In addition, Congress is pushing ahead this week with a variety of ways to fund Obama's massively priced health-care dreams -- starting with a hefty $635 bil lion "down payment."
And that's just the tip of the fiscal iceberg (with taxpayers riding the Titanic). ...READ MORE...