$500 billion

Ah, the good ole days

On Dec 22, 8:37 am, Bruce Majors <[email protected]> wrote:
> the policies of fiat credit inflation and deficit spending Bush continued
> from every president before him and that Obama had tripled?
>
> yes they were bad
>
> that's why you should be stripped of your vote since you voted for the man
> who is now doubling down on those policies.  and because you are too stupid
> to know it
>
>
>
> On Wed, Dec 22, 2010 at 6:58 AM, euwe <[email protected]> wrote:
> > Cheney's policies (Bush the puppet doesn't even get credit for
> > originating the idea) got us in the mess we're in today - Republicans
> > were content to let them do it.
>
> > On Dec 21, 10:05 pm, Bruce Majors <[email protected]> wrote:
> > > dick cheney isn't in office
>
> > > the GOP is being taken over by people  who read Bastiat, Hayek and Mises
>
> > > not Arlen or Cheney
>
> > > if you or any other pro-regressives were literate you could follow along
> > and
> > > at least understand them.  but Madge, you aren't
>
> > > On Tue, Dec 21, 2010 at 11:27 PM, studio <[email protected]> wrote:
> > > > Former Treasury Secretary Paul O'Neill was told "deficits don't
> > > > matter" when he warned of a looming fiscal crisis.
>
> > > > O'Neill, fired in a shakeup of Bush's economic team in December 2002,
> > > > raised objections to a new round of tax cuts and said the president
> > > > balked at his more aggressive plan to combat corporate crime after a
> > > > string of accounting scandals because of opposition from "the
> > > > corporate crowd," a key constituency.
>
> > > > O'Neill said he tried to warn Vice President Dick Cheney that growing
> > > > budget deficits-expected to top $500 billion this fiscal year alone-
> > > > posed a threat to the economy. Cheney cut him off. "You know, Paul,
> > > > Reagan proved deficits don't matter," he said, according to excerpts.
> > > > Cheney continued: "We won the midterms (congressional elections). This
> > > > is our due." A month later, Cheney told the Treasury secretary he was
> > > > fired.
>
> > > > The vice president's office had no immediate comment, but John Snow,
> > > > who replaced O'Neill, insisted that deficits "do matter" to the
> > > > administration.
>
> > > > Source: [X-ref O'Neill] Adam Entous, Reuters, on AOL News Jan 11, 2004
> > > > ---
> > > > Do they remember?
> > > > Answer; no, they don't even remember having a President, or what his
> > > > name was.
> > > > That's why they're the Stupid Party.
>
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