Michele Bachmann Hammers Obama, Calls Maxine Waters a 'Socialist'

U.S. Rep. Michele Bachmann of Minnesota, who won the Iowa Republican straw poll earlier in the month, took off the gloves on Wednesday and tore into President Barack Obama and U.S. Rep. Maxine Waters, D-Calif.

As the stock market continues to sink deeper, unemployment lines are growing longer and the debt is increasing by millions, President Obama seems more interested in checking his own poll numbers than he is in providing any real leadership to create jobs and fix our economy, insisted Bachmann. And the Democratic leadership in Congress is no better. Earlier this week, Democratic Congresswoman Maxine Waters shouted, The tea party can go straight to hell. The Democrats would rather attack honest, patriotic Americans than try to rein in government spending or reduce the deficit.

President Obamas failed leadership and Maxine Waters socialist policies have driven our economy into a deep financial hole. If the United States is going to get back on a path to prosperity it begins by ensuring Obama is a one-term president, added Bachmann.

She called for the next president to have four main priorities -- balancing the federal budget, lowering gas prices, cutting federal spending and repealing the federal health-care act that Obama backed.

I am running for president to take our country back, Bachmann added. We must immediately send a message to Washington that we are fed up with Obamas failed leadership and need a true fiscal conservative in the White House.