Truly incredible: Obama warns against what he is himself doing to the max

Dietrich Bonhoeffer once said, "If you're on the wrong train, running shouting down the corridor in the opposite direction doesn't help."

http://tinyurl.com/o9gwal
Obama Says U.S. Long-Term Debt Load ‘Unsustainable’ By Roger Runningen and Hans NicholsMay 14 (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.”Holders of U.S. debt will eventually “get tired” of buying it, causing interest rates on everything from auto loans to home mortgages to increase, Obama said. “It will have a dampening effect on our economy.” ****Does he think we can borrow from...ourselves? That the Fed can, and should, merely print money? That he can say "Beam me up, Scotty..." and have it mean something? ***
The president pledged to work with Congress to shore up entitlement programs such as Social Security and Medicare and said he was confident that the House and Senate would pass health-care overhaul bills by August.“Most of what is driving us into debt is health care, so we have to drive down costs,” he said. ****By expanding the programs? Some Brit on CNBC characterized what's going on as "curing drunkenness by ...more beer?". Does O actually think that he will be exculpated from all this folly ( of HIS) by predicting that it's disastrous? ****