"But I'm drinking my milk, and soon I'll be big and smart, and I'll figure this whole thing out, by golly."

--Little Barry H.

Ted, the only 'milk' Hussein is drinking, is Reggie Love's.

Harvey Milk style.

I can't wait for the first apologist who claims it really isn't that much of a deficit because the dollar is cheaper now. That would be the ultimate confirmation we have no clue as a government.

Pfft, pocket change. Now pass me the f'n grey poupon!!

So you're saying if we hadn't wasted all that money on the Iraq fiasco, then there'd be no deficit? Maybe we should've thought about that a little more before we went in.

SO...HOW'S THAT OBAMA THING WORKING OUT FOR YOU?

all right

bho in the oval office this morning

we're number one
we're number one

and this would be upsetting EXCEPT that they show us that this is only the beginnig.
will it be two trillion in a short time

MEANWHILE....lets get back to seeing how many god damn democrats we can fit up SONIA"S ASS.

#6 |

Really well considering the alternative, thanks.

Yes, after eight years of putting the Electricity Bill into a sock Drawer and calling it a "tax cut", the DingDings are upset that Obama has yet to get the Power Turned back on!

Personally --- it's been working out well for me.

I'm sorry to hear that you aren't able to "capitalize" on the situation ---- but sitting around and "Waiting for Government to Do it For You" is just Dumb!

SNAP!

well red then I guess the rest of us could just get on the TAKE with people in the fed and treasury and the white house with all of thier connections to places like goldman sachs....these 'uber rich' dems are getting even MORE RICH while you are cheering them on and you dont even know it....

ah good one corky

why is it too slow

OH YEAH>>JUST LIKE WE WARNED YOU

not timely
not targeted
and not stimilating.

BUT DONT worry..that fuckin mouse in pelosi's district is safe and murtha can continue to funnel MILLIONS to the MURTHA AIRPORT that carries a WHOPPING 5 to 6 flights back and forth to DC...

and those turtles have a way to get across the road

but I am surprised that cnn had time to take away from michael jackson or looking at all of the god damned democrats who are up sonias butt

***"Really well considering the alternative, thanks."***

The alternative we we're told would happen if nothing was done was that unemployment could reach as high as 9%. We are currently at 9.5% and climbing. Now you can say that the economy was actually worse than initially thought and talk about shifting baselines, but to me that's just as big an indictment on Obama's economic team as it is on Bush. "Hurry, hurry, hurry, something has to be done, and fast! Push this bill though quickly, we gotta get it done now, now, now... wait, we were wrong, fuck!" I can't tell you how many times I read "at least he's doing something" on this site. That is really the worst thinking I can imagine, especially after 8 years of just doing shit with out thinking. If Obama waited oh, I don't know, maybe 90 more days and analyzed the problem before just doing something, would we be in any worse condition? I doubt it, considering the majority of the first stimulus bill hasn't even been spent yet. Oh, but wait, we need another one, a second stimulus! How can anyone say we need another one when the first one hasn't even been spent yet? This all seems like a sham to me. Someone get me on track if I'm off base in my thinking.

President Obama has not asked for a second stimulus.

So lets see $1 trillion deficit

$3 trillion war in Iraq

$2.6-$13 trillion bailout depending on what happens to securities and Real Estate. Most risk has been transfered to taxpayers and the full extent of the problem has yet to be realized.

$684 trillion black derivatives market. Most of it is secret but some of it is the moral equivalent of taking out life insurance on a person you kill. For example SWAPS can be purchased on fraudulent securities you have issued in excess of the face value of the securities. You know the securities you issued are fraudulent, you know you'll make a killing when they fail. This is a Pyramid Scheme that can only end in disaster and has done just that. Not to worry, shut down the SEC and saddle the taxpayer with the bill.

***"President Obama has not asked for a second stimulus."***

Did anyone here say he did?

Obama to unveil $12 billion community college plan

and a 100 billion for the imf and 40 billion for this or that and here's a shocker george buskh had a budget surplus every year.

"and here's a shocker george buskh had a budget surplus every year.

Then how did he leave 5 trillion in debt????

Any savers of cash in the room? Guess what, you're fucked.

Move to precious metals.

"george buskh had a budget surplus every year."

Projected. Then he took office and changed all that.

these 'uber rich' dems are getting even MORE RICH while you are cheering them on and you dont even know it....

#11 | Posted by afkabl2 at 2009-07-14 11:54 AM

YEAH!

And Maybe some will Even "Trickle Down" to You!

Anyway, I lost over 40K --- When Bush was President!

How Much did you Lose (rhetorical I know)?

Move to precious metals.
#19 | Posted by somoco at 2009-07-14 01:38 PM

Yup, figures. Metals are a more Precarious investment than most ---- They are Extremely Risky!
In fact, they are riskier than most investment opportunities and the reason for this is simple: prices can fluctuate wildly. Precious metals are considered highly volatile.

But leave it to a "righty" to repeat the Scam Played Out Hundreds of Times a Day by WingDing Radio!

But please, do as RushBoortzHannity tells you too!

"and here's a shocker george buskh had a budget surplus every year.

Then how did he leave 5 trillion in debt????

#18 | Posted by danni

Now tell us what the projected debt of Lord Zero will be.

Yeah, that Bush was horrible for the debt he put on us. Obama is much better, cuz he's doing what Bush did...only a lot more so!

SO...HOW'S THAT CHANGE WORKING OUT FOR YOU?

Yeah Nebs, the reason for the Obama deficit and his spending had nothing to do with trying to start an economic recovery from the disaster left by Bush for crying out loud. You know that as well as I but choose to pretend that it isn't so.

Danni:

You know perfectly well you stand a better chance of teaching a cat to tap-dance than you do changing Nebsie's alleged mind.

Yeah Nebs, the reason for the Obama deficit and his spending had nothing to do with trying to start an economic recovery from the disaster left by Bush for crying out loud. You know that as well as I but choose to pretend that it isn't so.

#24 | Posted by danni at 2009-07-14 02:00 PM | Flag: Pretends all the new debt is for economic "recovery"

Yeah Nebs, the reason for the Obama deficit and his spending had nothing to do with trying to start an economic recovery from the disaster left by Bush for crying out loud.

It's Bush's fault? That's getting pretty old.

So tell us Danni, how's that economic recovery working out...you know, the one that needed an immediate $800 billion stimulus?

And I'll bet you also think that overcoming credit card debt is accomplished by opening 15 more credit cards and maxing them out?

FOOL?

"It's Bush's fault? That's getting pretty old."

The guy inherited a booming economy and surpluses as far as the eye could see, and turned over a meltdown and record deficits.

What's your conclusion, Sherlock?

"How can anyone say we need another one when the first one hasn't even been spent yet?"

I agree 100%.... This has got to be The biggest heist in world history....

The second package should involve sending $10,000 to every huse hold in america... works out to about 1 trillion if you figure about 100,000,000 households...

Now that would stimulate a lot of things!

The guy inherited a booming economy and surpluses as far as the eye could see, and turned over a meltdown and record deficits.

What's your conclusion, Sherlock?

#28 | Posted by Danforth at 2009-07-14 02:28 PM

The guy inherited a booming economy and surpluses as far as the eye could see, and turned over a meltdown and record deficits.

What's your conclusion, Sherlock?

#28 | Posted by Danforth

He also had 911.

Oh, yeah, I forgot...Libtards believe he engineered 911.

That aside, can you tell us, Sherlock, how one can effect economic recovery by incurring more debt? You love telling how Bush ran up the debt, but seem not to notice that Lord Zero is doing the same, but at an exponential rate above Bush.

So tell us Sherlock, HOW'S THAT OBAMA THING WORKING OUT FOR YOU?

The guy inherited a booming economy and surpluses as far as the eye could see, and turned over a meltdown and record deficits.

What's your conclusion, Sherlock?

I presume this argument works both ways, right, Danforth? Obama inherited what and we now have what? Help us here, danforth.

"But this is different"

Go ahead. Say it. We know you want to.

"I presume this argument works both ways, right, Danforth? Obama inherited what and we now have what?

Posted by goatman"

For starters, an economy spiraling downward where the worst was yet to come, and a couple of unwinnable wars.

For starters, an economy spiraling downward where the worst was yet to come, and a couple of unwinnable wars.

translation....no.

"Obama inherited what and we now have what?"

While agreeing with Montecore's #34, I'll add this:

Which economy would you have rather inherited: the one Clinton left Bush, or the one Bush left Obama?

"translation....no."

Huh? How is "no", the answer to the question?

"That aside, can you tell us, Sherlock, how one can effect economic recovery by incurring more debt?"

Most businesses borrow when they want to expand. Nations do the same thing. There is risk involved absolutely but we needed to expand our economy and government was the only entity which could or would invest enough make it happen. We're only 10% of the way through the stimulus so we'll see if the investment pays off.

I knew someone would pipe in.

Thanks, m'boor and danforth

"I knew someone would pipe in."

And? Agree? Disagree?

Which economy would you have rather inherited: the one Clinton left Bush, or the one Bush left Obama?

The relevancy to using your own scenario on Obama has what to do with this?

Agree? Disagree?

I agree that if you use one argument in one scenario (ignoring all else) that it should be used in both (again, ignoring all else).

I don't believe in double standards and slanted playing fields.

"The relevancy to using your own scenario on Obama has what to do with this?"

That if you've driven the car off the cliff, responsibility doesn't end just because you've handed off the steering wheel.

"I agree that if you use one argument in one scenario (ignoring all else) that it should be used in both (again, ignoring all else)."

Okay. Some of Bush's early economic stuff can be laid at the feet of Clinton, and after Obama leaves office, it will still be his economy until the policies of his successor have had time to take place.

I'm not about to pretend all responsibility for the economy transfers with power. My professors would all roll over in their graves.

I'm not about to pretend all responsibility for the economy transfers with power. My professors would all roll over in their graves.

#44 | Posted by Danforth at 2009-07-14 03:12 PM

That said, Obama is making plenty of decisions that I'm very uncomfortable with, and that's where my criticisms lay. Not that he's failed and ruined the economy, but that he's failing to recover a ruined economy in a way that protects us from the same shit repeating in the future.

The economy didn't go south until after the Dems took charge in early '08.
They were elected saying that if only They were in charge, gas prices would be lower.
Their "Don't drill anywhere!" policy skyrocketed gas prices.

Then their houseing bubble broke, led by Barney Frank in the Freddy and Fanny leadership.

High Gas + Houseing bubble burst (Both led by Dems) caused the collapse of the economy.

Then Obama comes in and says "Lets $pend our way out of this mess!" and the Dems said "YEAH!!".

Which is what is leading us into the next Depression! FOOLS LED BY FOOLS!!!!

President Obama has not asked for a second stimulus.

#14 | Posted by danni

There was the Bush bail-out, then the Fed bail-out, then the BHO bailout. Looks to me like we are comming up on number 4 in less than 12 months.

"Looks to me like we are comming up on number 4 in less than 12 months."

But he hasn't even asked and has said he wants to let the current stimulus, a 2 year plan, play out.

"The economy didn't go south until after the Dems took charge in early '08.

#46 | Posted by Marty"

You, sir, are fucking high.

"Their "Don't drill anywhere!" policy skyrocketed gas prices."

They can drill now but where are they???
It was just a campaign slogan, no one really wanted to invest the money to drill UNLESS gas prices are high.

"High Gas + Houseing bubble burst (Both led by Dems) caused the collapse of the economy."

The burst of the housing bubble was inevitable, the problem was that there was a BUBBLE in the first place. All bubbles eventually burst that is why we don't want bubbles. Lowering taxes on the rich virtually always creates bubbles because there is an increase of income they want to invest.

OK...so lets "stimulate" the economy by giving more money to the state governments and BILLIONS to PORK Spending that will go no where.

Lets "Pay as you go" by printing money and setting up a slush fund for 2010.

You all cried about Bush and the deficit. He had to deal with 911, and two wars.

Obama got at the end of the Iraq war (after the surge he said was not working - and would not work - DID) and instead of executing on what TARP was supposed to do (buy toxic assets - which they STILL have not done) - Rushed a bill filled with every socialist project known to man.

And now we are going to pay and keep on paying.

All of you who voted for the Baby Doc Barack because of his "pay as you go" - has he lived up to that?

All of you who voted for OB because "No bill will be voted on until it has been posted at least 5 days" - has he lived up to that?

All of you who voted for OB because "everyone making less than 200K will get a tax cut" - has he lived up to that?

All of you who voted for him because he would leave Iraq immediately (which would have been stupid) - has he lived up to that?

All of you who voted for him because he was going to close Gitmo (which is also Stupid - which you are now finding out HOW stupid along with the issue of national security if we try them as criminal instead of war combatants ) - has he lived up to that? (not yet thank God)

So..did any of you get what you thought you voted for? Or is he just what I said he was - a shyster socialist and a half assed corrupt Chicago polititian

Nope, he's another Wall street gang banger, just like his predecessor.

There is no easy way out of the Iraq mess SHrub created. Its only a question of how much more we will waste before we have to get out. Being policeman to the world is expensive and incredibly stupid, far more expensive than education, roads, or health care.

It doesn't make a gnat's ass worth's of difference whether Republican or Democrat holds the White House or Congress. Only a few politicians like Paul, Kucinich and Sanders... seem to have any capacity think and act outside their sponsors pockets.

The burst of the housing bubble was inevitable, the problem was that there was a BUBBLE in the first place. All bubbles eventually burst that is why we don't want bubbles. Lowering taxes on the rich virtually always creates bubbles because there is an increase of income they want to invest.

#51 | Posted by danni

Don't forget the dot com bubble that burst in the late 90s.

Ya.... you don't want anyone to invest in any business. That's baaaaaaaaaddddddd.

#46 | Posted by Marty at 2009-07-14 03:29 PM | Reply | Flag: Stupid; Simplistic; Partisan

"That's baaaaaaaaaddddddd."

But there has been investment into business, it's been invested in China and other places around the world. Why anyone believes we can have an economy while jobs are going overseas is beyond me. Why they can still say "Free Trade" and not be confronted with strong opposition is too. We will either change our economic policies or we are just going to get poorer. The power of the international corporations is obvious when you see the lack of discussion in Congress about this most important issue involving our economy. Those corporations will gladly outsource every job in America if they can and they don't give a hoot if all of America looks like Detroit. Even President Obama is not seeming to even be considering a more realistic trade policy. That has to change.

***"Even President Obama is not seeming to even be considering a more realistic trade policy. That has to change."***

And you really thought he would? So what is the answer? Tarrifs? Protectionism? This will further raise prices on goods that many Americans are apparently already struggling to buy, and there's a good chance there would be retaliation from other countries. There is no free lunch, it cost more in the U.S. to produce goods, and in my opinion, production is the only way out of the problem we're in. But how do we produce a product/products at a competitive price that Americans, as well as the world at large, want to buy, while at the same time paying a wage that supports the lifestyle to which Americans are accustomed? I just don't see how companies could afford to pay Susie and Johnny a high wage to make rubber dog shit and be able to put out a product that is lower in price than the one produced by Ping and Ling for pennies on the $. Or maybe we should just stop buying/charging so much rubber dog shit. I don't know, I'm sure it's a far more complex issue than I'm able to wrap my little mind around.

So tell us Sherlock, HOW'S THAT OBAMA THING WORKING OUT FOR YOU?

#32 | Posted by TheOneBS at 2009-07-14 02:49 PM | Reply

heres hoping all the young people wallering in debt enjoy that rock star pres they voted for because some rapper told them to

"heres hoping all the young people wallering in debt enjoy that rock star pres they voted for because some rapper told them to"

And who told you to vote for the guy who got us "wallering" into debt before that?