Giving Context To A Week Of Budget Conversation On Cable TV

“The deficit for the budget year (2011) is projected to reach a record $1.56 trillion. The President, who inherited $1.2 trillion of that from his predecessor, saying his priority (is) getting and keeping the economy on track.”

(Countdown with Keith Olbermann – 2/1/10)

“Mr. President, everybody has a boss and your boss is China.”

(The Glenn Beck Program – 2/2/10)

“How do we know we’re at the point where nobody is going to buy our paper – we’re going into debt, but we’re going so far into debt that people aren’t buying our debt anymore?”

(Hardball w/ Chris Matthews – 2/1/10)

“The paradigm and the entire economy (the bankers) believed in was fictitious, it was razzle-dazzle, and we are now back on our heels. President (Obama) needs to go to China like a high school student asking for his allowance.”

(Eliot Spitzer, The Colbert Report – 2/2/10)

“Unemployment was racing out of control faster than a Toyota Camry through your grandmother’s garage door.”

(The Colbert Report – 2/3/10)

“(The Obama administration) believes it can run up a massive debt and somehow pay for it all down the road, primarily by raising taxes.”

(The O’Reilly Factor – 2/2/10)

>>>> NEXT PAGE: Get the context for each of the quotes…

This is an opinion piece. The views expressed in this article are those of just the author.