Cost Of Irene "Pales In Comparison" To Hurricane Obama

Cost Of Irene "Pales In Comparison" To Hurricane Obama

"Well, I want to tell you something: Hurricane Obama -- this irene. Whatever this Irene is going to cost us, it pales in comparison that has been the Hurricane that is the Obama administration.

"The Obama administration, the Hurricane has cost us far more. And Byron York, while I was gone, great story, fabulous story on the source of all this deficit spending under Obama. The $4 trillion that they're spending. Everybody's focused on entitlements and he correctly points out it's not entitlements that have busted the budget here. Entitlements are known, the spending in entitlements.

"What's been added to the entitlements is where we're in trouble. The purposeful spending, the stimulus -- the Porkulus -- the TARP. All of these things, above and beyond the entitlements.

"Now, one of the tricks is to distract people from that and to get them focused on Social Security, Medicare, Medicaid as the source of the problem, and they're problems that have to be dealt with. But they are not the culprit here, Obama is!

"And all the focus on 'he's not serious about entitlement reform.' Well, that's simply a way to distract people a way from what Obama has actually done.

"This (Hurricane hype) is just a media frenzy without any results just like the Obama presidency. Obama's economy. Look at it this way: Obama's economy has millions of people out of work, millions more living paycheck-to-paycheck. Millions are getting deeper in debt as every month passes."