The Obama budget claims to cut the deficit in half by 2012. Obama relies on brave & hopeful economic forecasts that no one believes in. Adding the huge Pork-a-Saurus bill to a realistic budget baseline yields a projected 2010-2017 cumulative budget deficit of $8.4 trillion ($8,400,000,000,000.00). That's approximately $28,000 for every man, woman and child in the United States.

That’s 2.5 times the size of Bush’s deficits over the same eight-year period and Obama has only been in office for a little over a month.

30 days ago Obama proposed a 3.5 trillion dollar federal budget which will widen the deficit to $1.75 trillion dollars. The federal deficit in 2007 was $160.7 billion. Obama's own proposed budget calls for a federal deficit that is almost 11 TIMES THE 2007 DEFICIT.

It's time to face some simple facts. Obama, Pelosi, Reid and liberals in Congress AREN'T trying to "fix" the economy as the American people understand the word. What they're doing is using our economic down turn as a wretched excuse to transform the United States into a socialist country. That's why they keep advancing failed solutions.

More to the point it is REDISTRIBUTION OF WEALTH. Its Karl Marx’s Communist slogan put into practice right here in the USA; “from each according to his ability, to each according to his needs.”

What effect is this having on the economy? The Wall Street Journal published the following in regard to Obama's mortgage bailout plan; “Mr. Obama's mortgage plan is “his” third big economic rescue proposal in a month. Perhaps someone in the White House has noticed that financial markets haven't exactly cheered”.

UBS put it this way: “Obama Speaks, Market Listens, and Sells Off”.

Remember what happened when Obama effectively clinched the Democratic nomination?

In June the Dow Jones Industrial Average (DJI) was around 12,500. Each passing day as it became more and more apparent that Obama might actually win the market slowly inched down.

When Obama won, the market which had fallen to 9,625 went into free-fall. On Nov. 20^th the market fell by another 2,000 points to 7,552. The free-fall continues as the DJI is hovering around 6,500, the lowest it has been since 1997.

The American people have seen their retirement savings fall 40%, 50%, 60% or more. Obama and his liberal allies in Congress continue to play a foolish game of class warfare. Obama, Pelosi and Reid KNOW their policies and plans to radically transform America into AMERIKA are driving the market down.

Let’s face it; people are no longer frightened of recession. They’re frightened of Obama, the glib, inexperienced man who thinks he can solve all problems with socialist solutions.

The liberal Brookings Institute is worried. Here’s what its researchers reported about the stimulus package; "What is more troubling is that, under what we view as optimistic assumptions, the deficit is projected to average at least $1 trillion per year for the 10 years after 2009, even if the economy returns to full employment and the stimulus package is allowed to expire in two years."

Ten years until our nation returns to solvency?

“The longer-run picture is even bleaker. We estimate a fiscal gap, the immediate and permanent increase in taxes or reduction in spending that would keep the long-term debt/GDP ratio at its current level, about 7-9 percent of GDP or between $1 trillion and $1.3 trillion per year in current dollars”.

Read that over carefully; we have to “increase taxes" and/or have a "reduction in spending” JUST TO STAY IN HOCK UP TO OUR EARS. But Obama's not done yet, not by a long shot. Obama has promised to rebuild our infrastructure, socialize medicine, end global poverty and fund trillions of other expensive projects. End global poverty? Are you kidding? We can’t even end poverty in this country and he wants to take on the whole world?

Frankly, if opposition doesn’t get “really mean”, Obama and the Pelosi-Reid leftist juggernaut will have turned our nation into a textbook socialist republic faster than you can name the 57 states. This is nothing short of an all out legislative assault on our entire way of life.

Source materiel: Center for Individual Freedom

Armand Christopher Hale is retired as a master sergeant in the United States Air Force. He served over 23 years and was stationed in Korea, Saudi Arabia, and Qatar. He has a degree in logistics management and plans to write a book about his service in Qatar.