Barry Soetoro, (aka Barack Hussein Obama) the former street organizer from the corrupt political machine of South Chicago and who currently occupies the office of President of the United States, has just said the most incredible thing. This, as reported by Bloomberg:
President Barack Obama, calling current deficit spending “unsustainable,” warned of skyrocketing interest rates for consumers if the U.S. continues to finance government by borrowing from other countries.
“We can’t keep on just borrowing from China,” Obama said at a town-hall meeting in Rio Rancho, New Mexico, outside Albuquerque. “We have to pay interest on that debt, and that means we are mortgaging our children’s future with more and more debt.