Aug 16, 2011

Why we're broke

It's almost another of those throwaway stories, a ho-hum piece about a politician riding in a parade, tossing great gobs of candy to kids on the curb.

This time the politician is one Barack Obama parading through the Heartland on his nice new bus (reported cost $1.1 million and guess who's paying).

But I must be confused because His Obamaness swears the trip is not political. He says it's a "listening trip."

Okay. I'm listening, and what I hear is a one-day total of more than  $362 million to (a) make life sweeter out here in Bucolia because he really loves us or (2) buy off some more of us hick voters.  The money goes build new unemployment offices, hire doctors, help hospitals buy computer gizmos,  and set up meetings between people who want to borrow and those who want to lend. And so forth.

The president is not being entirely forthcoming about the niggling detail of where the money comes from. Our Chinese Visa card? Faster presses at the bureau of Printing and Cartooning?

It would disrespectful, even crass, to quiz Mr. Obama about what earthly good the handouts will do for anything other than his campaign to remain publicly housed.

He doesn't even tell us how he swung the million-plus loan for the bus. Maybe a nothing-down deal from Ally Financial (nee GMAC)?

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