Our budget makes Russia look well-managed

Nancy Pelosi is a stupid teenage girl with daddy's credit card.

Harry Reid is a financial moron who thinks it wise to buy, buy, buy on lines of credit and make minimum monthly payments into perpetuity.

Barack Obama has followed one of the most fiscally irresponsible administrations in American history -- that of George W. Bush -- and in a matter of days he has made it look like a cheapskate.

Obama has made (very public) proposals to cut spending on two occasions. First, when he encouraged the executive bureaucracy to save $100 million over 90 days by simply turning out the lights when everybody leaves and using e-mails instead of paper memos and the like. More recently he promoted the idea of cutting $17 billion from inefficient or unneeded government programs.

Compared to the trillion-dollar bailouts, trillion-dollar 'stimulus' packages, the multi-billion-dollar loans (who really thinks those will get repaid?), the balooning budgets of bureaucracies and the scary-big proposals for new giveaway programs, those cut numbers are microscopic. (The New York Times described them as laughable.) And Congress probably won't make them, anyway.

The Associated Press today reported that this year's budget deficit will approach $2 trillion, or four times the record set under the Bush Administration last year, at $90 billion. We have a national debt of $11 trillion, which has accumulated over hundreds of years, two world wars, the New Deal, the Great Society, the mission to the moon and that 40-year effort to bring down the Soviet Union.

This year alone, we'll add another $2 trillion. And that's if Obama doesn't nationalize the health care system, too.