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No Fooling: President Declares April ‘Financial Capability’ Month

April 2, 2013 by  

No Fooling: President Declares April ‘Financial Capability’ Month

President Barack Obama has issued a proclamation declaring April “National Financial Capability Month,” urging individuals and families to become more conscientious about how they manage their personal budgets.

The proclamation states the Administration’s conviction that there’s “no economic engine more powerful than the middle class,” and refers would-be home economists to two government websites, and, to help them attain greater “financial literacy.”

The apparent lack of ironic intent on the part of the Administration for selecting April, of all months, as a time to encourage Americans to do not as the President does, but as he says, was quickly seized upon by one Internet site after another, after another.

Some snippets from the President’s proclamation:

During National Financial Capability Month, we recommit to empowering individuals and families with the knowledge and tools they need to get ahead in today’s economy.

My Administration is dedicated to helping people make sound decisions in the marketplace…

…Together, we can prepare young people to tackle financial challenges — from learning how to budget responsibly to saving for college, starting a business, or opening a retirement account.

Of course, there’s no point in the President issuing a proclamation on personal finance without throwing in a little regressive economics:

We also know that too many families are living paycheck-to-paycheck, unable to take advantage of tools that would help them plan for a middle class life. That is why we must build ladders of opportunity for everyone willing to climb them – from a fair minimum wage that lifts working Americans out of poverty to high-quality preschool and early education that gets every child on the right track early. These reforms would encourage the kind of broad-based economic growth that gives everyone a better chance to secure their financial future.

CNS News nicely parsed the absurd irony of this President entreating Americans to live by the basic financial principles that no one in the White House (and few in Congress) have managed to apply toward government borrowing and spending. The national debt has increased by $53,377 per household. It’s increased more than $6 trillion, up from $10 trillion in 2009 to $16 trillion today. And the President still hasn’t submitted a fiscal year 2014 budget.

Ben Bullard

Reconciling the concept of individual sovereignty with conscientious participation in the modern American political process is a continuing preoccupation for staff writer Ben Bullard. A former community newspaper writer, Bullard has closely observed the manner in which well-meaning small-town politicians and policy makers often accept, unthinkingly, their increasingly marginal role in shaping the quality of their own lives, as well as those of the people whom they serve. He argues that American public policy is plagued by inscrutable and corrupt motives on a national scale, a fundamental problem which individuals, families and communities must strive to solve. This, he argues, can be achieved only as Americans rediscover the principal role each citizen plays in enriching the welfare of our Republic.

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  • Joel

    This administration is going to teach us “Financial Capability”? This is THE funniest thing I have heard in over 30 years! They should have to post signs at the border to Wash. D.C. stating; Welcome to D.C. Please be prepared to suspend reality! Absolutely absurd!

  • CatGman

    The president is pushing for citizens to learn how to budget responsibly. On the other hand he expects that the US government should be free from the hassles of a budget and living within your means. Hypocrit.

  • Warrior

    Ugh, mr agitator n chief, didn’t anyone teach you that “everyone” will not become prosperous by printing more money? You and a few “friends” maybe but no one else. Whom does the bell toll for?

  • RivahMitch

    and remember, Comrades… the more you save, the more the Kenyan fascist and it’s stormtroopers can steal from you;-) Chum for the scum from which it buys votes.

  • Leo

    Nothing like having a Spendthrift giving you lessons on how to balance your budget and wisely spending your money.
    Shows how out of touch he really is with finance and economics.

  • Hedgehog

    Is this Obama’s APRIL FOOL joke?

  • joe1cr

    Too bad this fool and the fools in congress can not heed their own advice.

  • FreedomFighter

    1 trillion in new tax from ObummerCare
    30-80% increases in Healthcare insurance premiums
    New state and local taxs and increases in existing taxs
    20-30% increase in food costs
    increasing fuel costs

    Obama is out of touch with reality, or is it just another socialist insult to hard working Americans — we all know they are about to steal our retirement accounts and bank accounts — wtf

    Laus Deo
    Semper FI

  • John

    This just in from the palace at 1600 Pennsylvania Ave. The emperor says; “We represent the lollypop guild, the lollypop guild, lollypop guild”. Dillusional ? No just welfare raised.

    • ibcamn

      John,all of you need to go to >Obama<

      see for yourself what the gov't is doing and what they are hiding from us and what they are doing to the American people!!they are starting to fine us for speaking out against Obama!!
      Kinda like when the American people found out sandy hook was a drill,they called everyone conspericy theroists!

  • Merriel

    I wonder if he has any idea of where all of the money that he spends on vacations, golf games, and campaign flights comes from. He is so far into himself that he doesn’t care about the average American. It is time to impeach this usurper in OUR White House.

    • ibcamn

      Into himself is right!when a great astronaut passes,what does he do?!?!…puts up a big ass portrait of himself looking up at the moon!..WTF??!!..(on the taxpayer dime)when he goes to prison for fraud and treason,they will burn that dam thing on the white house lawn!!

  • ibcamn

    Well this is wierd!i left a comment telling obama to go to hell and such on this(because he doesn’t know what a buget is)and it’s gone!!HHMMMM!!…i even made a compairison to obama to a sith lord,his lookalike on the bible,in a robe,i said just give him a light saber!..and all that i said in the comment about obama is gone!!!

  • Chuck S

    Maybe we need to budget better to pay the higher taxes and economic losses from his policies.

  • Dad

    Did Boy-wonder come up with this all on his own? It is better for a fool to keep his mouth shut than to open it and remove all doubt…
    Obviously, quotas do not produce the “best and the brightest…”

    • s c

      Dad, I respect people who find ways to be ‘tolerant’ of posers and pretenders. In the case of the White House Savior, you can bet that someone else thought up this asinine scam.
      Without a doubt, Obummer has never had to think about a budget. Now that he’s disgracing the White House, this is simply another instance where he’s thumbing his nose at America.
      For someone who supposedly cares about America, Obummer consistently spends money that could be spent on practical matters [reducing his HUGE Al Gorish-carbon footprint, proving that he knows the value of a dying dollar or living like someone who has at least one foot in the real world, instead of living like King Midas at our expense].
      Obummer cares about budgets like Van Jones cares about character. Obummer cares about budgets like Holder cares about the law. Obummer cares about healthcare like Pelosi is interested in a Ponzi scheme scam that will turn out to be more like a 13,000 page monstrosity than a mere 2,000 pages.
      Obummer “cares” – in so many ways, but NOT about any budget – or America and its absolute need for a functional budget.


    I really thought that this was the ultimate April Fool’s joke from the White House.


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