i feel like this is all a bad dream getting worse right before me, but there's no way to wake up.  it's actually reality.  words can no longer describe the sheer ass backwards-ness of what i am witnessing from the united states federal government.

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Joe Biden: ‘We Have to Go Spend Money to Keep From Going Bankrupt’
Thursday, July 16, 2009
By Penny Starr, Senior Staff Writer


Vice President Joe Biden (Photo by Penny Starr/CNSNews.com)
(CNSNews.com) – Vice President Joe Biden told people attending an AARP town hall meeting that unless the Democrat-supported health care plan becomes law the nation will go bankrupt and that the only way to avoid that fate is for the government to spend more money.

“And folks look, AARP knows and the people with me here today know, the president knows, and I know, that the status quo is simply not acceptable,” Biden said at the event on Thursday in Alexandria, Va. “It’s totally unacceptable. And it’s completely unsustainable. Even if we wanted to keep it the way we have it now. It can’t do it financially.”

“We’re going to go bankrupt as a nation,” Biden said.

“Now, people when I say that look at me and say, ‘What are you talking about, Joe? You’re telling me we have to go spend money to keep from going bankrupt?’” Biden said. “The answer is yes, that's what I’m telling you.” (Listen to Audio)

The event, sponsored by the AARP – which supports the Obama administration’s plan – was attended by mostly AARP members who were bussed in for the meeting.


Biden took time from answering questions to chat with a member of the audience, who were mostly members of the AARP. (Photo by Penny Starr/CNSNews.com.)
Biden told the group that the Obama health plan will not eliminate people’s ability to choose their health care insurance and that people who cannot afford insurance will be covered by the plan.

“They’ll be a deal in there so there’s competition, so what you’ll have in there is you’ll have the ability to go in there and say, ‘Now look, this is the policy I want. This is the one,” Biden said.

“And those people who can’t afford to get in there, up to a certain income, we’re going to subsidize them, you get in there and we’ll help you pay for it,” Biden said.

After opening remarks by Biden and AARP CEO A. Barry Rand, the audience asked questions, which were fielded by Biden, Health and Human Services Secretary Kathleen Sebelius and Nancy Ann DeParle, director of the White House Office of Health Reform.

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What are you talking about, Joe? You're telling me this whole thing is a giant ponzi scheme? Biden said. The answer is yes, that's what I'm telling you.

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“I say, ‘Don’t let your opposition to the Recovery Act blind you to its results,’” Biden plans to say in the Richmond speech. “‘Come see what I see everywhere I go: workers rehired, factories reopened, cops on the street, teachers in the classroom, progress toward getting our economy back on the move.’”

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Is that what Biden sees wherever he goes?  Because this is what the Bureau of Labor Statistics has seen thus far in 2009.  As we can tell from the seasonally adjusted unemployment levels, Americans see a much different picture than Biden:

    * January - 11,616,000 unemployed
    * February - 12,467,000
    * March - 13,161,000
    * April - 13,724,000
    * May - 14,511,000
    * June - 14,729,000

Maybe he’d do better in New Hampshire with his vision of America getting back to work.  They got $416 million in Porkulus funds, which created a whopping 50 jobs — 34 of them full-time.

Meanwhile, exactly what prosperity has Porkulus created?  Did we have an economic recovery yesterday that the media missed?  Are people once again flush with cash?

Our opposition to Porkulus has not made us blind to its results, or especially the lack thereof.  If Biden wants to go to Virginia and claim that America has entered a new age of prosperity and full employment, then the constituents in that district will reasonably deduce that it is Biden who has blinded himself to America’s economic misery — and may have also gone a little crazy to boot.

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zouden said:

Meanwhile, the front page of Murdoch's flagship newspaper today proclaimed that "China is fulfilling its promise as the likely saviour of the world". Looks like when this all blows over, the world might be a very different place.

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