Obama Sets Another New Record

And it’s not a good one.

U.S. posts record monthly budget deficit

The U.S. government posted a budget deficit of $222.5 billion in February, the largest monthly deficit on record, the Treasury Department reported Thursday.

The government spent about $333 billion in the month and took in about $110 billion. February is typically a deficit month.

Year-to-date, the deficit is $641.2 billion, according to Treasury.

And just how bad is Obama’s out of control spending?

Big government doesn’t come cheaply. According to Congressional Budget Office (CBO) figures released Monday, the budget deficit for February hit a staggering $223 billion – meaning the Obama administration added more in debt last month than was borrowed in all of 2007.

Yep, that’s right, Obama added more to the national debt, money that we don’t have, in a single month, than George Bush added in the entire year of 2007. What’s wrong with this picture?

See also:
U.S. Runs $222.5 Billion Deficit in February; Highest for Any Month
U.S. Budget Deficit Expanded to Monthly Record $222.5 Billion in February
U.S. Posts Record Monthly Budget Deficit In February
February budget deficit highest ever for any month
Budget deficit hits record $222.5 billion in February
US budget deficit hits record in February
U.S. federal gov’t monthly budget deficit rises to record high in February
US Trade & Budget Deficits Get Worse
Deficit this month more than all of 2007
Obama Is Setting Records but Not in a Good Way

Everybody knows exactly what has to be done, Medicare, Medicaid, and Social Security need to be reformed back into solvency. It’s going to be painful and unpopular and the longer we wait to do what’s necessary, the more painful and unpopular the reforms are going to be. Unfortunately, no one seems to want to take the lead on this issue and get the job done, least of all Obama, who’s supposed to be leading this country. Obama is nothing more than a narcissistic political opportunist, more concerned with getting reelected than he is concerned with doing what’s right for the American people and the country.

Hopefully, when they release their 2012 budget proposal, the Republicans will step up to the plate as patriotic adults, negative political repercussions be damned, and include entitlement reform that will start to bring this country back on to the path to fiscal sanity.

/because someone has to do the right thing for America, a concept lost on Obama and the Democrats

Operation Hemorrhage

Al Qaeda has a new asymmetric warfare strategy. Instead of plotting spectacular attacks that might take years to plan and execute, they’re now intent on carrying out cheaper, smaller, more frequent attacks with the goal of causing economic damage by making the West respond to the threat, whether the attacks succeed or not.

Al Qaeda Promises U.S. Death By A ‘Thousand Cuts’

Printer bombs planted on two cargo flights last month cost only a few thousand dollars and were intended to affect the American economy, according to a newly published Al Qaeda-affiliated magazine.

The attempt was called “Operation Hemorrhage,” boasted the magazine, and the entire plot cost al Qaeda in the Arabian Peninsula, or AQAP, only $4,200.

. . .

The magazine also revealed the attack was not meant to kill more than the plane’s pilot and co-pilot, and was meant to force the U.S. government to spend billions of dollars on preventive security screening measures.

The strategy, the magazine said, was “of attacking the enemy with smaller, but more frequent operations is what some may refer to as the strategy of a thousand cuts. The aim is to bleed the enemy to death.”

See also:
Al-Qa’ida plot cost only $4261
Cargo-bomb plot cost just $4,200 : Al Qaeda
Al Qaeda claims parcel bomb plot cost $4,200
New issue of Al Qaeda magazine details failed mail bomb plot, signals shift to smaller-scale attacks
Qaeda Branch Aimed for Broad Damage at Low Cost
Al-Qaeda boasts of ‘bargain’ bomb plots
Al-Qaeda vows to continue parcel bomb attacks
Small-scale attacks to continue, Al Qaeda group says
Report: Would-be plane bombers post attack details
AQAP: Mail Plots Successful, Cost Low
AQAP Releases Special Issue of ‘Inspire’ Magazine ‘Operation Hemorrhage’ – Dedicated Entirely To Explosive Parcels Plot

So far, even though none of their attacks has been successful, AQAP is achieving its goal of causing massive economic damage by forcing the West to onerously tighten security measures, at great expense, in response to the terrorist threats. This new strategy costs al Qaeda next to nothing, while the West does all the economic damage heavy lifting against themselves, trying to defend against the perceived threat, whether the threat is real or implied.

/perhaps the best example of how well this new al Qaeda strategy is working is the ongoing TSA debacle