Obama: "We are Out of Money"

No shit Barry? Did you figure that out before or after you spent $4 trillion?

In a sobering holiday interview with C-SPAN, President Obama boldly told Americans: "We are out of money."

C-SPAN host Steve Scully broke from a meek Washington press corps with probing questions for the new president.

SCULLY: You know the numbers, $1.7 trillion debt, a national deficit of $11 trillion. At what point do we run out of money?

OBAMA: Well, we are out of money now. We are operating in deep deficits, not caused by any decisions we've made on health care so far. This is a consequence of the crisis that we've seen and in fact our failure to make some good decisions on health care over the last several decades.

So let me get this straight. We're in debt because we didn't spend tons of money on healthcare in the past and the solution is spend tons of money on healtchcare. That will get us out of debt? Tell the truth Barry. You make this stuff up as you go along.