America's Fiscal State: DEFCON 4

Just a quick note, take yesterday's announced figures on the federal budget deficit and annualize the deficit for the first two months of the government's fiscal year and you get the largest deficit that Barack Obama and the Obamacrats will have cooked up to date, close to $1.7 trillion.  That's 12% of US GDP in one year.  They've already booked new debt to the tune of 35% of GDP in the last four years.  Add on this year's 12% and a likely 10% for the next three years and you have new debt to the tune of 77% of GDP.  Remember 90% is the danger zone.  Forget about all of previous American history, the ObamaCrats will have made us France (maybe even Argentina) in eight short years.  Fundamental transformation, indeed.  Forget about the fiscal cliff, a fiscal nuclear bomb is ticking.  We're at DEFCON 4 fast approaching DEFCON 5.  Enjoy it America.