OBama admonished members of Congress to impose "pay-as-you-go" budgeting rules. He says fiscal discipline is suddenly important.

• This is from a man who forced through $787 billion in pork-loaded "emergency" stimulus spending in his first weeks of office. It was such an emergency that less than a quarter of this money was spent in 2009;
• This is from a man who signed off on $200 billion dollars to bail out Fannie Mae and Freddie Mac and hundreds of billions of dollars more for reckless Wall Street firms that deserved to fail;
• This is from a man who is now the Chief Executive Officer of Government Motors, Inc, putting you, me, and every other taxpayer on the hook for $50 billion as part of a sweetheart deal benefiting the United Auto Workers;
• And while the president preaches fiscal responsibility he wants to spend another $1 trillion on a new health care benefit America can ill afford.