President Obama has proclaimed April 2013 as "National Financial Capability Month," a time for the government to help Americans learn how to… make responsible financial decisions.
Like budgeting. Smart spending. Borrowing wisely. Saving money.
Yes, it sounded like an April Fool's joke to us, too, when we first heard it. Or maybe a satire from The Onion.
But no, it's for real.
"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," declared President Obama.
Yes, by all means, learn how to prepare a budget from the experts at the Obama administration who, according to the conservative CNSNews.com website, have increased the national debt by $6,140,111,383,879.54 since Obama was inaugurated on Jan. 20, 2009. That breaks down to an increase of $53,377 per household.
"My Administration is dedicated to helping people make sound decisions in the marketplace," declares the man who, with plenty of help from his mirror-images in the Republican Party, has overridden the desires of consumers and investors with billions of dollars of subsidies and endless pages of regulations.
Yes, learn how to invest wisely from the president whose trillion-dollar stimulus spending "investments" have been a crash-and-burn disaster.
Yes, learn all about the responsible use of credit from the administration in power when, for the first time in history, the credit rating of the U.S. federal government was downgraded below AAA by Standard & Poor's.
Yes, learn about "opening a retirement account" from the people who brought you the compulsory Ponzi scheme Social Security program, with its remarkably poor returns and questionable future.
"My Administration continues to encourage responsibility at all levels of our financial system…" Obama said.
Right, at all levels… except, of course, for the zillion-dollar totally out of control federal government itself.
"I call upon all Americans to observe this month with programs and activities to improve their understanding of financial principles and practices," the president concludes.
Be careful what you ask for, Mr. President. If the American people actually do come to understand your financial principles and practices, you may not like the consequences.
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