This is a good piece. Basically he sees the U.S. as bankrupt, and of course, it is.
Obama/Soetoro on the problem,
“We don’t have to worry about it short-term...I don’t remember what the number ( total debt) was precisely”
To translate, ‘ Hey we got cancer with 90 days to live but that`s ok, we won`t die today so don`t worry buddy pass the bong and party on ! ‘
If only we were bankrupt! That would imply that there was some acknowledgement that we couldn’t pay our current debts, much less incur new ones until we made some serious adjustments. We’re still living in fantasyland right now, playing monopoly while the house is on fire.