Inspector General: Obama Paid $300 Million To ‘People Who Don’t Exist’
Barack Obama will always be remembered for a series of highly irregular overseas payments to authoritarian regimes, however according to a report by the special inspector general for Afghanistan reconstruction, those wasted millions are just the tip of the iceberg when it comes to Obama’s largesse.
The Obama administration indebted taxpayers with an additional 9 trillion dollars, doubling the debt before him with the largest single administration debt in history, and the result was the worst economy in history. Where did that money go?
The NewsPunch report is only accounting for about 1/30 th of it, and "accounting" is too generous. Even that money is only accounted as far as the Afghan border. Given that very little of the 9 trillion seems to have built the economy, what usually happens to cash that is untraceable?
Every person in the US, now owes more than $70,000, including every baby, for no value received. That would banckrupt most of us. And the US will eventually have to pay it back, or lose our credibility in the World. Shouldn't we be thinking about how we will do that, and stop government spending?
You wouldn't let your own budget get that far out of hand, unless you had a gambling or drug problem. Then some rough guys would come round and hurt you until you paid it back with lots of interest. The World is a rough place. We simply are inviting trouble into our little cocoon if we don't make this right.