Obama Proclaims April the Month to Teach Young People ‘How to Budget Responsibly’

[WestVirginiaRebel]

CNS News:

(CNSNews.com) - 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.

“My Administration is dedicated to helping people make sound decisions in the marketplace,” he said.

"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.

“My Administration continues to encourage responsibility at all levels of our financial system by cracking down on deceptive practices and ensuring that consumers are informed of their rights,” he said.

The proclamation on the White House website links to two other government websites: the site for the Consumer Financial Protection Bureau, and MyMoney.gov, which includes materials from 21 federal agencies.

Listed among the “popular topics” on MyMoney.gov is “Managing Debt and Credit,” which includes a link to a page on the Federal Reserve’s website called “Getting the most from your credit card.” Tip 2 on that page is: “Stay Below Your Credit Limit.”

When Obama was inaugurated on Jan. 20, 2009, the total debt of the federal government was $10,626,877,048,913.08. As of the close of business on March 28, 2013, the total debt of the federal government was $16,766,988,432,792.62—an increase of $6,140,111,383,879.54 since Obama took office.

That means that under Obama the federal debt has increased $53,377 for each one of the 115,031,000 households the Census Bureau says there are now in the United States. The president is required by law to submit a budget proposal for the next fiscal year by the first Monday in February.

Thus far, Obama has not submitted his budget proposal for fiscal 2014.

________

 

April fool from the king of fools...

[Valin]

CNS News:

(CNSNews.com) - 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.

 

April fool from the king of fools...

 

Alas not an April Fools Joke

Presidential Proclamation -- National Financial Capability Month, 2013

 

NOW, THEREFORE, I, BARACK OBAMA, President of the United States of America, by virtue of the authority vested in me by the Constitution and the laws of the United States, do hereby proclaim April 2013 as National Financial Capability Month. I call upon all Americans to observe this month with programs and activities to improve their understanding of financial principles and practices.

 

IN WITNESS WHEREOF, I have hereunto set my hand this

twenty-ninth day of March, in the year of our Lord two thousand thirteen, and of the Independence of the United States of America the two hundred and thirty-seventh.

 

 

 

BARACK OBAMA

 

 

File this under You Can't Make It Up Fast Enough!

 

I wonder if he had a straight face when he signed this?

[clearvision]

Seems like he could have waited until today to sign it. Much more fitting.

[Valin]

Seems like he could have waited until today to sign it. Much more fitting.

 

Actually this gives people a teachable moment. Tell the young skulls full of mush to do the opposite of the President and they'll be fiscally responsible.

[RandyM]

What unmitigated gall.

 

The sad part is millions of Americans will still swoon when they read/hear that in the news. They are as disconnected as Dear Leader.

[quantim]

What is the market price of taxpayer golf balls these days?

 

The price of AF1 per hour kampaigning for Obama is well known.

[nickydog]

What unmitigated gall.

 

The sad part is millions of Americans will still swoon when they read/hear that in the news. They are as disconnected as Dear Leader.

 

What Rush calls the uninformed voters. And, sadly, what a lot there are.