Although in some peoples minds governmental spending has always been out of control, the Obama Administration takes the cake.
It’s a known fact that the federal debt was increased $5.8 trillion during Obama’s first term. This is more debt in total, than all debt accumulated by every previous presidency in aggregate. That’s over $50,000 for every household in America. Enough to payoff every mortgage in America, letting the economy flourish and the people. However, that would never happen, as it’s not in the cards.
In fact, the $5.7 trillion heist, termed a “bailout”, was only in favor of a select group of private bankers and businessmen on the top of the pyramid. The looting of an entire nation was underway, as the liquid started to flow into the accounts of international bankster’s and other criminals alike. The globalists had a smile ear to ear .... http://intellihub.com
