Obama admits it: He's "sold" the Republic down the river

And he thinks that eight out of ten of us want to have more of our hard-earned income confiscated and squandered on individuals, corporations, and nations who neither deserve nor appreciate it.

Is this Obama's morbid sense of humor? A sly double entendre? Like when Muslims addressing non-Muslims refer to Islam as "peace," never explaining that Muhammad's idea of "peace" is that condition when there's no one left to disagree?

Here it is, straight from the Bankrupter-in-Chief:

"The American people are sold," President Obama said.

"The American people are sold, I just want to repeat that."

"You have 80% of the American people who support a balanced approach. 80% of the American people support an approach that includes revenues and includes cuts. So the notion that somehow the American people aren't sold is not the problem. The problem is members of Congress are dug in ideologically."