The debt ceiling has become the loaded gun in Barack Obama’s hand. But there is more than enough revenue to make interest payments even if the debt ceiling is not raised. In 2011, the U.S. is projected to collect $2.174 trillion in taxes. Even if interest payments to Social Security and Medicare are factored in, at most the U.S. has to pay $430 billion in interest this year. So, the risk of a default is actually zero — unless Obama is threatening not to make interest payments should the debt ceiling not be raised.
It seems President Barack Obama has brought us another example of the liberal fondness for manufacturing reality. As I pointed out this morning, liberals like to “redefine” words to better fit their distorted version of reality, but sometimes they just flat make stuff up. Making stuff up is a trusted old play from the liberal playbook and frequently works when the American people aren’t paying attention. That is what President Obama did this morning.
What if you were to learn that a massive Saudi Arabia sized supply of oil was available just 500 miles north of our border? What if this supply of oil was controlled by an ally of the United States who wanted to develop it and ship it south? What if this supply of oil did not require any off-shore drilling? Wouldn’t it make sense to allow that oil to reach the U.S. market rather than having it drilled and transported to China instead?
Students of history may recall “Newspeak” from George Orwell’s novel 1984 about an oppressive socialist world (yes, like the one Barack Obama and his not have in mind for us “little people.”) Socialists, Marxists, liberals and all their related ilk have a predeliction for redefining words because it makes their bad ideas seem more palatable. This is an examination of how the Left has hijacked words and concepts in our language to lower the common denominator of our culture.
When you’re a liberal president–who knows on some level that all your ideas are morally and intellectually bankrupt and are driving this country into an abyss–it isn’t enough to have media outlets like ABC, CBS, NBC, PBS, CNN, MSNBC, Associated Press, Reuters, the New York Times, the Washington Post, the LA Times, Newsweek, Time, US News & World Report and others on your side. Rogue media outlets like Fox News must be kept at a distance to protect the American people from unpleasant information.
As only he can, Andrew Klavan illustrates the fine art of media focus. He shows us the laser-like concentration displayed by the keen and highly trained journalists who display nothing but objectivity from their well-honed sense of fairness and balance. In this case, we see demonstrated how the “mainstream” media is able to tune out all distractions–even some very loud ones–to concentrate on the truly important problems and gaffes seen from the people who a real threat to the American way of life.