Wow
It's awfully hard to blame this one on George Bush:
Almost bigger than all of Bush's deficits combined. And if Obama Care gets passed, his own people are projecting a $2 trillion expenditure on top of this deficit.
Anyone want to bet if Obama keeps to his "no raising taxes" pledge? Bush the Elder lost an election over his.
Almost bigger than all of Bush's deficits combined. And if Obama Care gets passed, his own people are projecting a $2 trillion expenditure on top of this deficit.
Anyone want to bet if Obama keeps to his "no raising taxes" pledge? Bush the Elder lost an election over his.
Labels: national politics
posted by SCC at 12:01 AM
47 Comments:
It will get passed because he's a
"smooth operator, smooth operator."
that's ok. The Obama Admin will just print more dollars.
This is scary shit. Huge deficit, worthless dollar, no jobs, no manufacturing, dependant on Chinese loans.
Its all part of the lifestyle reduction planned as part of globalization.
POTUS Hussein is just going in for the kill after 20 years of set-up by the Bushes and Clintons.
It's all part of Obama's plan to reduce us to a bunch of poor, dependant shmucks in a Socialist state.
This group (Oath Keepers) is starting to make more and more sense to me now...
http://www.lvrj.com/news/oath-keepers-pledges-to-prevent-dictatorship-in-united-states-64690232.html
.
Collaspe the system of government from within. That's Mobama's belief.
How much of this is going to be spent UNDOING what George W. did???
Just a question...not a huge fan of either, but still suffering the effects of the RECESSION!!!
obama is not worried about money, he is the golden child who just got 1.4 million from the nobel folks and he owns a mansion in hyde park---- the bankers and big money men love obama, he gave them a rebirth in the face of total loss and the best part of it all is that WE are going to be the suckers who pay for it for a LONG LONG TIME....
i was kind of hoping something would "change" under obama. i was almost proud what america accomplished voting for a half black president and all. unfortunately with obama it's the same old shit. is there anyone out there that can do this job anymore?
4 and out for obama. i just hope it's not another bush or clinton.
Hey! I just found a Nobel Peace Prize in my Crackerjack box. Cool!
Now where's the cash?
They will still blame Bush and the hack media will agree. The Liberal elite won't care about the economic facts. The bottom feeders won't care due to their own greed. The middle class who pay the bill to the bank for the governments credit card balance won't ever be listened to cause the politicians don't care!
Keith Olbermann, Ed Schwartz and Rachel Maddow will find a way to do it after they are called by Rahm Emmanuel.
George Bush is responsible for everything wrong in the entire world including the Bears blowing it again.
osama obama will go down as the worst president in U.S. history! what he done "nothing" like the snl skit parody!
No risk no gain!
Only if the politicians have the same health care and cost I do, will I support "Change"
Hmmm..... Time to outlaw weapons to keep the people safe. Guns will cause riots and death. Lets ban them.
the main stream media will not let him fail. if he screws up in the worst way they will not report it. main stream media i a joke.
Dont worry they will find a way to blaim this on Bush. I just heard a speech that NObama gave a couple days ago stating hes sweeping up the mess left to him!!
From the chaos will my Caliphate rise.
SCC should be careful.
The Obama administration does not appreciate criticism.
You might end up on the enemies list and be shut down!
I agree with "no risk no gain." So far, I trust Obama, and hope he finds a way to help us all out. Health care, education, I like his priorities. Fingers crossed.
"Yes we can"
What a fucking joke.
Eventually they will discover that buying votes from a permanent underclass has a finite ending. You run out of working people to steal from.
At the beginning of Bush's second term, the Rebuplicans spent like a bunch of drunken Dems. They were thrown out because of that. The Dems have a solid majority in the House and Senate and don't need the Republican vote for anything other than to fein bi-partisanship.
Anyone who thought that Obama was going to make a difference is incredably naive. All you had to do was pay attention to what he said and who his freinds were to understand he leans toward socialism. Instead you got caught up in his hope and change bullshit. Shame on you.
We're going to get change allright,a worthless dollar and high inflation is just around the corner. Then we can be just as irrelevant as Europe. Maybe we can look to Europe for aswers, after all They gave us Hitler, Mussallini, and Stalin. Have we all forgotten that the reason this country wasa founded was to get away from European religous and economic oppression.
we are gonna call the dollar....the new peso. the only people who wont suffer are the hand-out people. too few sheeple listened before the election and now many will suffer. this guy makes peanut carter look good! he s an empty suit.
Crazy Coot said "How much of this is going to be spent UNDOING what George W. did???"
Not nearly as much an will be needed to UNDO what Barney Frank and Chris Dodd did.
I know this is really far fetched, but does anyone remember the original "Manchurian Candidate"? Wasn't the son a sleeper? I'm not saying Obama is a sleeper for a different ideology, but some of the things he is doing to our country is just too weird. They seem to go against our Constitution.
I guess all we can do is keep watching.
They wont't let this man fail because he's african american. Plain and simple and that's a fact!
You're not an economist, SCC. Just stick to the cop stuff.
I'm not an Obama fan, but that doesn't make me a Bush fan.
TARP I was signed by Bush before Obama was in office. That alone makes up at least 1/4 of the sudden deficit increase in January. Some of that money was paid back, but most of it went to AIG, who will never pay it back.
TARP I was signed by Bush with plans for TARP II. Bush was gone and Obama ultimately signed TARP II. Now you are up to about 1/2 of that sudden deficit increase.
Obama put the Iraq and Afganistan wars on the books, which Bush was leaving off the books. This adds on another 1/4.
Democrat orgy spending, promoted and signed by Obama, in the form of STIMULUS I is the last 1/4. STIMULIS II signed later on actually makes the debt even higher than the chart shows.
Fool yourselves as much as you want. Today, the differences between Democrats and Republicans is negligible. They only fool you by arguing about the bullshit. When it comes to money, they are both pigs at a trough.
They both spend every penny they can get their hands on and then they borrow more to spend more. The future is the last thing that any of them care about.
Bush excluded war funding from his budgets; Obama is including them. Apples and oranges.
Not to worry, the Chinese will bail us out because the U.S. is too big to fail.
Obama didn't turn black until he went to college. He was raised white and then learned there's more money being black.
How many times did Bush blame Clinton for 9/11? Anyone who blames Bush is an idiot aka liberal. Bush was not perfect and made mistakes, but at least he made decisions and stood by them.
I hope Obama does do well because if he fails, we all fail. But I won't be surprised when the country is in ruins.
This is because Bush changed the way the deficit was calculated to exclude military spending. Obama has changed it back and it now accounts for the bankrupting wars that Bush started.
I've long said that a primer on Chicago politics would include reading Boss (Royko) and watching the Godfather movies. For this crew you can add in reading Saul Alinsky and if the GDs or LKs ever wrote of their lives you could toss those manuscripts on the list.
While some here probably appreciate the truth of the matter, there probably aren't a whole lot willing to examine their own part in America's problems.
Here we have government employees in a dying democratic city run to the ground by a series of corrupt mayors. Your salary and benefits are paid for by taxpayers and lenders willing to lend to the corrupt mayors. Your pension is barely half-funded, but supposedly the future children of Chicago will make you whole.
Social security? Why enrollment just jumped as seniors realized they don't otherwise have adequate incomes to pay their bills.
Does everyone here have a rainy day fund? Enough food money to last for a year? Enough ammunition to kill the first 100 looters through the door?
Its coming. The problems aren't just in Chicago or Cook County. Wealthy places in California and Colorado and Virginia and Massachusetts and New York are all crumbling slowly.
The money was never there. Not under Reagan (my hero!), not under Bush I, not under Clinton, and not under Bush II or Obama.
The U.S. is between a rock and a hard place, as there is not 2 trillion of extra cash floating around in the world waiting to buy more U.S. debt for year after year. There is not 2 trillion of private pension money, or Chinese foreign reserves, or private household savings.
And there is not funding for your retirement, your medical promises, your social security, or all the other promises made oh so many decades ago.
Can we have a rational discussion about politics please? It's NOT Bush's fault. It's NOT Obama's fault. NEITHER is it one of the parties.
It is the fault of the two parties PLUS the American people who for so long ALLOWED this to happen.
Both parties have spent money like drunken sailors. For example, under the so called conservative "limited government" Reagan, government expanded and so did government spending. Then each and every other Administration spent more than the previous one!
Our nation is awashed in debt. The federal government owes about 14 trillion dollars! States and cities have a deficit of 4 trillion dollars.
Want a scary fact? The interest the government pays on it's debt is the third larges expenditure! Right behing Medicare and defense and then the interest only on it's debt.
How long will this continue? NOT for long. Our nation is headed towards a dollar collapse in the foreign exchange and a long term reduction in our standard of living.
How would you pull us out of the worse recession since the great depression. in the great depression the government became the top employer. It took WW2 to jump start the economy again. BUSH sign the TARP, and the first simulus package. I agree that we need to work on the defecit, but what will we do to simulate the economy. Remeber POTUS BUSH lowered taxes, while adding spending of two wars. Now that also is great way to cut the defecit, only if you are a "c" student at yale. But If any of you have a better plan like let GM a employer that employs millions directly or indirectly fail then say yes to 15 to 25 percent unemployment. Then you all will say look at OBAMA he caused this high unemployment. This started in the Housing market under POTUS BUSH, and was very close to being a depression. Who has not made money on deffered Comp recently.
You're not an economist, SCC. Just stick to the cop stuff.
Yeah, but we can still read a chart put out by the Congressional Budget Office of the United States. It isn't that hard - give it a try.
Thats what money is for keep spending!!!
come on, didnt anyone see this coming. Obama's from the Southside did anyone do a credit check on him before we gave him the trillion dollar Target card? Can you say bill collectors up the ass. When they cut off the lights at the white house I told you so. WTF!
the main stream media will not let him fail. if he screws up in the worst way they will not report it. main stream media i a joke.
10/19/2009 08:06:00 AM
I bet Fox will report it,especially Glenn Beck!
You can read the entire 1,502 page Senate Finance bill at:
http://finance.senate.gov/press/Bpress/2009press/prb101909.pdf
Obama wants to devastate the economy. He wants people to lose their jobs and have businesses fail. That way, people will want the government to take care of them. The socialization of America will be complete. We're doomed.
Fool yourselves as much as you want. Today, the differences between Democrats and Republicans is negligible. They only fool you by arguing about the bullshit. When it comes to money, they are both pigs at a trough.
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I completely agree. I'm waiting for SCC to think like this.
only surplus was during Clintons tenure
Anita Dunn admitted that the Obama campaign controlled the press and they failed to ask the hard questions of Obama.
Now that FOX is doing what the remainder of the media has failed to do Obama is trying to put them out of business.
Socialism is a great idea..Until you run out of the other guy's money...
China and Russia are pushing for the US Dollar not to be the international standard anymore.The Russians and the Chinese are standing with the Iranians against the US government.The Chinese want Iranian oil and the Chinese have also signed a trade deal with Hugo Chavez.Military weapons,ammo,and training the Venezuealen military forces for oil shipments.The Russians want to become a world power again and they will push and test us,to see how we will react. So far,the Obama Administration has been very weak,and the Russians smell blood.During the Cold War,the Russians used various terrorist groups as proxies against America..As we did against them.A KGB Officer,who defected to the USA;testified before a US Congressional Committee that the Russian govt and Russian military have always viewed the USA as their "Main Adversary"and any attack on American soil would be disquised as an attack by Arab terrorists..This testimony was given in 1999.
During the last two years of the Bush admin.the House and Senate were controled by the Dems. Remember that all Bills go through the House, the Senate and then the Prez. The Prez does author some Bills, but they still have to go through House and Senate, usually looking quite different from the original. The Dems were close to an veto proof majority all they needede was a few squirrely Rep. votes. During Bush's last two years, when Bush said up they said down, when Bush said left, they said right. The Dems were eager to vote for the first stimulus and the TARP. I think Bush said to himself, Fuck it I'm out of here soon, If the Dems want to create this mess then they can get themselves out of it.
The real problem is that the Dems don't see us with any real problems, after all isn't this what leads to Socialism.
All you oldtimers out there, you better get yor wheelchair and a spot along the lakefront picked out, that way your family doesn't have to push you so far, because here comes socialized medicine.
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