Obama's budget FOUR TIMES THE DEFICITS OF BUSH http://www.ireport.com/docs/DOC-233039
Obama budget could bring $9.3 trillion in deficits http://news.yahoo.com/s/ap/20090320/ap_on_go_pr_wh/obama_budget U.S. Budget Deficit Forecast to Hit $1.8 Trillion This Year The Congressional Budget Office says the deficit under President Obama's policies would never go below 4 percent of the size of the economy, figures that economists agree are unsustainable. http://www.foxnews.com/politics/first100days/2009/03/20/budget-deficit-forecast-hit-trillion-year/ On Fri, Apr 17, 2009 at 11:33 PM, VT VirtualTruth <[email protected] > wrote: > > Keith you want to give some figures for this > outrageous comment? 4 times the size of > of all eight years of the Bush Administration budgets? > > That would make it $20 Trillion! > > On Apr 16, 5:17 pm, Keith In Tampa <[email protected]> wrote: > > The "record deficit" that you reference, is a small drop in the bucket as > > compared to the current "record deficit" which is four times the size of > all > > eight years of the Bush Administration's budgets..... > > > > You still don't get it!!! > > > > On Thu, Apr 16, 2009 at 5:06 PM, VT VirtualTruth > > <[email protected]>wrote: > > > > > > > > > OK, lets remember what this post is about, > > > It is not about the insults or the nickname you > > > are trying to give me, LMAO. > > > > > It is not about the FUBAR called Bush trickle > > > down economics. > > > > > It is about the fact that Bush inherited an annual > > > Budget Surplus, turned this surplus into a record deficit > > > and doubled the National Debt while robbing working class > > > Americans future Social Security benefits in the greatest transfer of > > > wealth > > > in history through the Bush Tax cuts that bought the 2004 > > > election and gutted the future of America and destroyed the > > > Bush Republicans as was shown by the 2006 and 2008 election results > > > and the subsequent economic collapse that resulted in the > > > multiple Bailouts begun in the fall of 2008 to keep > > > the country from experiencing another Economic collapse of 1929, > > > and the GOP's effort to remain in power by hi-jacking yet > > > another grass roots movement like they did with the > > > Religious Right. > > > > > The Teabaggers are the new grass roots movement > > > to be plundered by the GOP. > > > > > On Apr 16, 4:43 pm, Keith In Tampa <[email protected]> wrote: > > > > Hey SugarShack!! > > > > > > All folks named "Sean" or "Shawn" have a nickname of "SugarShack" > Just > > > ask > > > > former Buccaneer QB Shawn "SugarShack" King, or former Buccaneer RB > > > Reggie > > > > Sean "SugarShack" Cobb. > > > > > > I was opposed to the bailouts, and believed them to be a mistake. > The > > > only > > > > way for market corrections if for the market to correct itself, not > by > > > > government bailouts. They have never worked, and this is once again a > > > part > > > > of failed Kenysian economics that don't work!! > > > > > > Do we once again want to revisit how we got to this financial > quagmire > > > > Sean? Do we want to once again play the "Blame Game" and point out > who > > > is > > > > responsible for this economic quagmire?? It wasn't George Bush or > the > > > Bush > > > > Administration!! > > > > > > On Thu, Apr 16, 2009 at 4:33 PM, VT VirtualTruth > > > > <[email protected]>wrote: > > > > > > > LMAO, as you see the argument slipping away, the insults begin. > > > > > > > Once again Obama INHERITED these Bail outs > > > > > he did not create them.. try again. > > > > > > > The AIG Bailout began in 2008 > > > > > The Auto Bailout Began in 2008 > > > > > The TARP Bailout began in 2008 > > > > > The Merrill Lynch Bailout Began in 2008 > > > > > The majority of the additional spending was already > > > > > COMMITTED before Obama took office. > > > > > > > On Apr 16, 4:06 pm, Keith In Tampa <[email protected]> wrote: > > > > > > Hey SugarShack: > > > > > > > > Here ya go: > > > > > > > >http://www.federalbudget.com/ > > > > > > > > This is all Obama's..... > > > > > > > > On Thu, Apr 16, 2009 at 3:53 PM, VT VirtualTruth > > > > > > <[email protected]>wrote: > > > > > > > > > Really? > > > > > > > > > The AIG Bailout began in 2008 > > > > > > > The Auto Bailout Began in 2008 > > > > > > > The TARP Bailout began in 2008 > > > > > > > The Merrill Lynch Bailout Began in 2008 > > > > > > > The majority of the additional spending was already > > > > > > > COMMITTED before Obama took office. > > > > > > > > > You want to try again with this erroneous statement > > > > > > > or better yet you want to supply FACTS proving this statement? > > > > > > > > > On Apr 16, 3:31 pm, Keith In Tampa <[email protected]> > wrote: > > > > > > > > Except for the current Administration who within less than 90 > > > days, > > > > > has > > > > > > > > expanded the federal bureauacracy ten fold, and increased the > > > size of > > > > > the > > > > > > > > budget larger than all budgets combined in our entire 230 > year > > > > > history. > > > > > > > > President Obama makes George Bush look like a fiscal > > > conservative, > > > > > and we > > > > > > > > all know that he wasn't. The point being, is that your > > > comparison > > > > > is > > > > > > > > moot. America made a mistake, and it is time to limit the > > > damage > > > > > now > > > > > > > > Sean!!! > > > > > > > > > > On Thu, Apr 16, 2009 at 3:26 PM, VT VirtualTruth > > > > > > > > <[email protected]>wrote: > > > > > > > > > > > Sounds great but we all have seen what REALLY happens when > > > > > Republicans > > > > > > > > > have no one to challenge their fiscal actions or policies. > They > > > > > > > > > doubled the Debt > > > > > > > > > took a budget surplus and turned it into a record deficit > and > > > grew > > > > > > > > > government > > > > > > > > > faster than any other Administration in history. > > > > > > > > > > > On Apr 16, 3:13 pm, Keith In Tampa <[email protected] > > > > > wrote: > > > > > > > > > > What point does this make? That Clinton was a Tax & > Spend > > > > > Democrat, > > > > > > > > > wherein > > > > > > > > > > a Republican Congress and their "Contract With America" > held > > > his > > > > > feet > > > > > > > to > > > > > > > > > the > > > > > > > > > > fire? > > > > > > > > > > > > Nothing in this audio report disputes the facts that I > > > submitted > > > > > > > earlier. > > > > > > > > > > You have Newt Gingrich, and a Republican controlled > Congress > > > that > > > > > was > > > > > > > > > > responsible for a budgetary surplus, period. Clinton > had > > > > > literally > > > > > > > > > nothing > > > > > > > > > > to do with the surplus, and if it were not for a > Republican > > > > > > > controlled > > > > > > > > > > fiscally conservative Congress, who Clinton successfully > > > fought > > > > > over > > > > > > > and > > > > > > > > > > vetoed their balanced budget Amendments, we would have > had > > > > > deficit > > > > > > > > > > spending!! > > > > > > > > > > > > On Thu, Apr 16, 2009 at 3:08 PM, VT VirtualTruth > > > > > > > > > > <[email protected]>wrote: > > > > > > > > > > > > > I will let the actual news reports of November 11, 1995 > > > > > > > > > > > make my point. > > > > >http://www.youtube.com/watch?v=u6KRnWkh45U&eurl=http%3A%2F%2Fcrooksan. > > > > > > > > > .. > > > > > > > > > > > > > Clinton invested in the future US economy and the > result > > > was > > > > > > > > > > > robust GDP growth that grew the economy out of > deficits. > > > > > > > > > > > Republicans consider this incorrectly as wasted money. > > > > > > > > > > > > > Bush decided to give the surplus away as tax cuts to > > > > > > > > > > > the rich with the ridiculous idea that the money would > > > > > > > > > > > bleed down to others. The result was Bush starved the > > > > > > > > > > > country of much needed future investments. > > > > > > > > > > > > > Obama now must maintain the normal amout of forward > > > > > > > > > > > investment in the country's future AND make up for the > > > > > > > > > > > 8 years Bush starved the economy of stimulus investment > > > > > > > > > > > capital. > > > > > > > > > > > > > On Apr 16, 2:01 pm, Keith In Tampa < > [email protected] > > > > > > > wrote: > > > > > > > > > > > > Hello Sean!! > > > > > > > > > > > > > > Good to see ya!! > > > > > > > > > > > > > > Thank you for sharing your homoerotic far left > extremist > > > > > talking > > > > > > > > > points > > > > > > > > > > > with > > > > > > > > > > > > the group! I know that members such as Fritzie, > Biffie, > > > > > Cosmo-ie > > > > > > > and > > > > > > > > > > > other > > > > > > > > > > > > far left extremists are proud of you for picking up > on > > > and > > > > > > > mimicking > > > > > > > > > the > > > > > > > > > > > > likes of that gal who is the husband and splashes > diesel > > > > > behind > > > > > > > her > > > > > > > > > ears > > > > > > > > > > > for > > > > > > > > > > > > perfume....Whuz-Her-Name....Rachael Maddow, and the > other > > > > > crazed, > > > > > > > > > > > demented > > > > > > > > > > > > Moonbat, Keithie Olberman, but I digress. > > > > > > > > > > > > > > Let's review your premise, and I quote: > > > > > > > > > > > > > > "That the Republican Congress was NOT the reason for > this > > > > > > > balanced > > > > > > > > > > > > budget (during > > > > > > > > > > > > the Clinton Administration). That Clinton stood up to > the > > > > > Rhino's > > > > > > > > > (Rhino > > > > > > > > > > > > being a derogatory term for Republican)" > > > > > > > > > > > > > > ===== > > > > > > > > > > > > > > Sean, let us actually review the facts, and not > > > revisionist > > > > > > > history. > > > > > > > > > Of > > > > > > > > > > > > course, all of the data I have attached here can be > > > > > documented. > > > > > > > > > Please > > > > > > > > > > > feel > > > > > > > > > > > > free to ask questions if there is anything that you > get > > > > > confused > > > > > > > on > > > > > > > > > or > > > > > > > > > > > are > > > > > > > > > > > > frustrated over not comprehending: > > > > > > > > > > > > > > It is true, that the federal budget deficit tumbled > from > > > > > $255 > > > > > > > > > billion in > > > > > > > > > > > > 1993 to approximately $117 billion in 1996, and that > by > > > > > 1999, > > > > > > > there > > > > > > > > > was > > > > > > > > > > > an > > > > > > > > > > > > actual surplus versus a deficit in our national > budget. > > > > > > > > > > > > > > In February 1993 President Clinton announced his new > > > > > > > Administration's > > > > > > > > > > > first > > > > > > > > > > > > economic program: a $16-billion "fiscal stimulus." > The > > > > > spending > > > > > > > > > package > > > > > > > > > > > is > > > > > > > > > > > > later abandoned by the Democratic Congress as too > > > fiscally > > > > > > > > > irresponsible. > > > > > > > > > > > > > > In February 1993 President Clinton wins passage of > his > > > > > > > $250-billion > > > > > > > > > tax > > > > > > > > > > > > hike; which New York Senator Pat Moynihan accurately > > > > > describes as > > > > > > > > > "the > > > > > > > > > > > > largest tax increase in world history." > > > > > > > > http://www.archive.org/stream/proposedconstitu00unit/proposedconstitu. > > > > > > > .. > > > > > > > > > > > > > > Nevertheless, President Clinton's "Tax and Spend" > policy > > > > > passes > > > > > > > the > > > > > > > > > > > Democrat > > > > > > > > > > > > Controlled > > > > ... > > > > read more ยป > > > --~--~---------~--~----~------------~-------~--~----~ Thanks for being part of "PoliticalForum" at Google Groups. 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