President Obama Teaches Financial Responsibility (Our April Fool’s Joke)

That is why we must build ladders of opportunity for everyone willing to climb them — from a fair minimum wage that lifts working Americans out of poverty to high-quality preschool and early education that gets every child on the right track early.” – President Barack Obama

The not-so-shovel ready projects director now proclaims April as “National Financial Capability Month’ (straight from the White House website).  The irony of our spendthrift President, whose only answer to our precarious fiscal footing is to invest (spend money we don’t have) in more political pay-offs to his friends in the private sector, wanting to teach us how to handle our money,  leaves one wondering whether to laugh , cry or start a careful study of the tax laws and financial solvency of foreign abodes……….. just in case our American system implodes. Kind of gives a new meaning to looking for foreign safe havens, thinking we might eventually have to pack up and relocate to survive this national blight spreading across our land. Yes, the man whose every new policy begins with spending large sums of money and who has racked up more national debt than all other US presidents combined, proudly takes up the mantle of fiscal responsibility – FOR YOU and YOUR CHILDREN, not for him by the way. He wants to teach you how to avoid avoid scams (hummm, too bad more people didn’t catch on to his flim-flam quicker), but alas despite the failure of his four-years of fiscal tinkering, trust him to show YOU the path to fiscally responsible living.

He even directs you to a website, dubiously titled, “My Money.Gov”, where their mission is :

MyMoney.gov is the U.S. government’s website dedicated to teaching all Americans the basics about financial education. 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. Throughout the site, you will find important information from 20 Federal agencies and Bureaus designed to help you make smart financial choices.”

What could be better than  handy “government tools” like a “life expectancy calculator” from the Social Security administration:  “Want to know your life expectancy? You can use Social Security’s simple life expectancy calculator @ http://www.socialsecurity.gov/planners/lifeexpectancy.htm to get a rough estimate of how long you (or your spouse) may live. Knowing this information can help you make a more informed choice regarding when to collect Social Security retirement benefits.”  

Well, I’ll end with a quote  by C.S. Lewis, who summed it up much more eloquently:

“Of all tyrannies, a tyranny exercised for the good of its victims may be the most oppressive.  It may be better to live under robber barons than under omnipotent moral busybodies.  The robber baron’s cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment without end, for they do so with the approval of their own conscience.”

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