That’s right, the federal deficit is now almost $64 Trillion Dollars.  $63.8, to be exact.  That’s up almost 15% percent this year.

Think about what you owe on your car loan, your credit cards, even your mortgage.  Now add $55,000.00 to that number, because Uncle Sam, and president Obama owe fifty-five grand per US household.  Once you wrap your mind around that, realize that Barack wants to throw another couple TRILLION in health care costs on top of it!

The best part of all this is the fact that people like Obama, Reid, and Pelosi actually intend to send you that $55,000.00 bill.  All three of them have stated that in order to pay for the debt, not to mention all their new programs, we need “comprehensive tax reform.”  Believe me, when Dems say reform, it’s always a synonym for “Increase.” 

It’s perfect timing too.  This month, under Obama’s steady hand, the US dollar’s value  posted its biggest monthly drop since 1985, while China continues to position the Yuan as the world’s currency of choice.   The United States’ overall economy has fallen 6% since the president took office and economist Nouriel Roubini, one of only a handful to correctly predict the current economic crisis, has projected a similar drop for next year.

The good news?  Well, Obama got a great deal in his hostile takeover of General Motors - a company that will be filing for bankruptcy on Monday.  The government now OWNS 72% of the automaker, and the president has become quite enamoured with the vehicle below.  It’s going to be all the rage once he forces us all to buy one.  Apparently, when the joint project between GM and Segway begins churning these out, everything will start getting better.

Can’t Wait.

-Robert Laurie

http://www.segway.com/puma/