Wednesday, April 3, 2013

President Obama Urges Americans to be Financially Aware


President Barack Obama, who has overseen four consecutive years of $1 trillion budget deficits and $6 trillion added to the national debt in a little more than four years, issued a proclamation last week designating April as “National Financial Capability Month”:
President Barack Obama, who has increased the national debt by $53,377 per household, has proclaimed April “National Financial Capability Month,” during which his administration will do things such as teach young people “how to budget responsibly.”
“I call upon all Americans to observe this month with programs and activities to improve their understanding of financial principles and practices,” Obama said in an official proclamation released Friday.
[…]
“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,” he said.
The proclamation from the White House links to a site, MyMoney.gov, a resource for Americans to help them make sound financial decisions.


“MyMoney.gov is the U.S. government’s website dedicated to teaching all Americans the basics about financial education,” states the site. “Whether you are buying a home, balancing your checkbook, or investing in your 401(k), the resources on MyMoney.gov can help you maximize your financial decisions.”
You’ve got to be kidding me. Taking financial advice from the federal government is like taking weight loss advice from Michael Moore or Rosie O’Donnell. And remember, President Obama is the guy who told Americans that the national debt doesn’t matter and said that his goal isn’t a balanced budget.

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