There has been growing concern about the U.S. deficits and our government's ability to fund all of the mandates and edicts and policies of the Obama administration. Of great concern is the devaluation of the U.S. currency and the potential rejection of that currency as the de facto world reserve currency.
China, our biggest creditor, has been not so quietly declaring that it might not be so wise to put so much faith in the U.S. currency. When your banker is telling you that your credit is failing, you need to get your spending under control... not increase your spending.
Recently in Detroit, thousands of people were gathered downtown to try to take advantage of the Homelessness Prevention and Rapid Re-Housing program [I can't pronounce the acronym]. One woman was excited about getting some money. She was asked where the money was coming from and responded that it was from Obama. Then she was asked where Obama got the money to give to her and she responded, "Obama's stash."
Granted, that was a Detroit resident with the IQ of a groundhog, but there was some truth to her reasoning. The Federal government, under the direction of President Obama, is creating one "stash" after another out of thin air. This magic has baffled many as to how it works, but this blog's investigation has revealed that not only will these programs not cause budget problems, but that they are backed by the full faith of the Obama government.
This is an example of Obama's "stash."