Author Topic: A Conspiracy Theory for Dunces: Obama Is Trying to Bankrupt America  (Read 458 times)

hubag bohol

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The uninitiated questions this with, “Why on Earth would he want to?!” The conspiracy theorist responds with utter incredulity at someone who is unconvinced. The explanations are far and wide but they one common denominator, that President Barack Obama hates the United States, and wants to destroy it however possible.

This cannot be done by force, at least not until the nation decays from within, and the fastest way to effect this is financially. The U. S. has a current total deficit of about $16.4 trillion. At the end of 2013, it should be about $20.5 trillion. If it popularly thought that most of this is owed to China, but actually, China holds about 8% of this deficit. Almost all the rest is held by the U. S. federal government itself because of American investors, future retirees, the Social Security Trust Fund, and pension plans for civil service workers and military personnel.

So if Obama is not allied in any way with the Chinese, why did he campaign on the promise to cut America’s national deficit by half, and then attempt to do so with a pitifully misdirected economic overhaul? This caused monumental protests across the country, as the overhaul’s specific financial points made no sense. If spending digs the hole, spending will not extricate you from the hole.

Theorists do not agree on why Obama is making the American deficit larger, to the tune of $4 trillion since he took office. Bush, Jr.’s second term presided over a $3 trillion increase. So all of Obama’s new ideas for lowering the deficit did nothing at all. It seems he is either incompetent or malicious. Theorists mostly maintain that the latter, based on the principle that he is secretly a Muslim extremist, and Muslim extremists hate America. -- http://listverse.com/


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