Judd Gregg, Who Accepted and Then Refused Obama Cabinet Position, Now Says U.S. Will Become 'Banana Republic'
Remember Judd Gregg, the New Hampshire RINO whoaccepted a top job in Barack Obama's Politburo and then melodramatically refused to actually take the job, like some emotionally unstable goth teen? Well he is back, sort of! The grandstanding old cocksucker went on CNBC to bitch about "Cash for Clunkers," a government rebate plan with broad bipartisan support and popular acclaim that accomplishes the neat trick of getting polluting old jalopies off the road while keeping the car companies alive during these last tough months of the Great Recession -- because this brief and helpful program will obviously cause the United States to become a "banana republic in 10 years." This is what Judd Gregg said, on teevee.
Gregg, the ranking member of the Senate Budget Committee, asserted that programs like "cash for clunkers" would pile up to as much as 80 percent of the total U.S. economic output because of federal spending.
"We're going to be like a banana republic in 10 years!" Gregg said during a panel discussion on CNBC. "Sure, Americans want the program. But if you stop and think about it, is it right to do for our children?"
The Hill then explains to its readers who, obviously, only know "Banana Republic" as the expensive version of Old Navy: "The term 'banana republic' usually refers to countries that are politically and economically unstable, and run by a small, powerful group."
You know, like Kenya, with the apes!
Anyway, Ol' Judd, who Obama almost put in charge of Commerce, said on a business teevee channel that it is his reasoned opinion that, because of this car-rebate program in 2009, 80% of American economic output will soon consist of "Cash for Clunkers."
This is just one more reason why you should never, ever watch CNBC. If that dumbshit death's head Larry Kudlow isn't jabbering his hateful nonsense, or circus act Jim Cramer isn't weeping or pooping his diaper while encouraging you to solidify your stock losses by selling low like all the other suckers, some dingbat like Judd Gregg will be a "special guest." Turn off CNBC forever.