I mostly agree, but in reference to "Obama MUST be defeated if this country has a chance of survival", I think that ship has long since sailed.
It doesn't matter if it's Obama, Newt, Romney, Hillar or perhaps even Paul. It hasn't mattered if it was Reagan, Clinton, Bush, etc either.
For the past 32 years, but for 3 quarters during the 08-09 crash, Debt has advanced more than GDP every quarter.
All the presidents are surely aware of this and also that it is mathematically unsustainable.
Now we are at the point that is nearly mathematically impossible to stop the trend without eradicating medicare, medicade, ssn and the military, which of course will not happen either.
If all elected presidents and presidential candidates since 1980 have been aware of this issue, and it is still happening, the questions you have to ask are Why and How?
The answers bring some of us to some dark conclusions.
Bill Still is the best Libertarian candidate, but the public is not awake enough to elect him, maybe in 2016.