Joe Knows Bankruptcy - On An Intellectual Level

Our ever-brilliant vice president today on the need to spend trillions on health care reform:

“We’re going to go bankrupt as a nation,” Biden said. “Well, people when I say that look at me and say, ‘What are you talking about? You’re telling me we have to go spend money to keep from going bankrupt?’

“The answer is yes, I’m telling you.”

So we go bankrupt without health care reform?

There is no logic here. This is "burn the village to save it" government lunacy, designed to hoodwinked the weak-minded into supporting structural changes in the way we live so that government gains total control of our lives.

We may not yet be economically bankrupt.

But Biden, Obama and the Progressives in Congress have shown that we are morally and intellectually bankrupt in Washington, D.C.

And only an election will fix that.

UPDATE -- Congressional Budget Office director Douglas Elmendorf, testifying before the Senate Budget Committee today, refuted White House claims (lies) that passing health care reform will save money. As reported in The Washington Post:

Instead of saving the federal government from fiscal catastrophe, the health reform measures being drafted by congressional Democrats would increase rather than reduce public spending on health care, potentially worsening an already bleak budget outlook, the director of the nonpartisan Congressional Budget Office said this morning.

At last, someone with a calculator and a fully functioning brain.