Oblama will cut the deficit in half by 2012

[JuiceTheGator]

Look at this asshole. LMAO. The deficit will be the same in 2012 as in his first year. There have been no real cuts, only new bullshit.

[huskers1217]

Same shit different President

[MarkOU]

Originally Posted by huskers1217

Same shit different President

+ rep


Nothing more to say.

[olympicoscar]

Originally Posted by JuiceTheGator

Look at this asshole. LMAO. The deficit will be the same in 2012 as in his first year. There have been no real cuts, only new bullshit.

I got excited for a second. When you said "look at this as_hol_," I thought you were going to show us a picture of yourself.

[tech_iceman]

it needs to start with all of that spending waste outlined by the GAO... maybe the Republicans in Congress should just cut all of those wasteful programs... if it doesn't pass, it would be a good political win for them

[Jack_John_Mark]

Originally Posted by huskers1217

Same shit different President

NO WAY!

PUT A REPUBLICAN IN THERE AND EVERYTHING WILL GET BETTER DADBURNIT!

[tech_iceman]

Originally Posted by Jack_John_Mark

NO WAY!

PUT A REPUBLICAN IN THERE AND EVERYTHING WILL GET BETTER DADBURNIT!

because Bush was so much better

[Jack_John_Mark]

I was being sarcastic.

We are fucked no matter who is in office. But we could even be more fucked right now than we currently are.......that's all I have to say about that.

[Jack_John_Mark]

I haven't had any kids yet, so as long as I continue to not have any kids, I don't have to worry about handing the debt down to anyone

This country won't completely turn to shit until after I die.......so I figure I'm good to go

[potzer25]

Have kids and some days you'll wish the debt they have to pay was even worse...

[Smart]

Originally Posted by tech_iceman

because Bush was so much better

He was. Bush recognized that the long term threat is entitlement spending. You can say what you want about Bush, but he tried to achieve sweeping changes to our biggest problems (see: privization of Social Security).

Obama does not even realize the problem. All projections say that the major reason we have to fear huge deficit problems in the long term is that entitlement spending is growing faster than inflation. Instead of making entitlement cuts the focus of his long term budget plan, he is trying to fix it with tax raises. Instead of having $1.5 Trillion in tax raises and $480 Billion in entitlement cuts (his proposal), those numbers should be reversed.

If tax revenues are growing at the rate of inflation, defense spending is growing at the rate of inflation, and entitlement spending is growing much faster than inflation, common sense would dictate that entitlement spending is the area that a long term fix should address. Unfortunately, Obama cares more about politics than he does common sense and long-term fixes.

[huskers1217]

and if Bush wasn't worried about sending our troops into a bullshit war then maybe he could have done something.

[huskers1217]

and Clinton is the only one that tried to revamp welfare but got no fucking help becuase of the republicans were too busy trying to impeach him over Monica and fucking their own fucking mistresses.

[Smart]

Originally Posted by huskers1217

and if Bush wasn't worried about sending our troops into a bullshit war then maybe he could have done something.

The Iraq War (total) has cost just over $700 billion. By contrast, the projected shortfall become social security and Medicare income is $50 Trillion in today's money over the next 50 years. But of course, the Iraq War is a bigger reason for the deficit than entitlements...

[Jack_John_Mark]

It's all about which team your family and friends put you on growing up

[Smart]

Originally Posted by huskers1217

and Clinton is the only one that tried to revamp welfare but got no fucking help becuase of the republicans were too busy trying to impeach him over Monica and fucking their own fucking mistresses.

You mean this bill that reformed welfare? I see the vote breakdown here, and there was one party voting against it. Unfortunately for your argument, it was the Democratic Party.

Ignoring logic might be somewhat acceptable when it comes to guaranteeing Nebraska football will dominate. When it comes to political votes, it is incredibly inappropriate. You, sir, are a fool and you should really try to make sure your statements match up to reality.

[JuiceTheGator]

Originally Posted by Smart

He was. Bush recognized that the long term threat is entitlement spending. You can say what you want about Bush, but he tried to achieve sweeping changes to our biggest problems (see: privization of Social Security).

Obama does not even realize the problem. All projections say that the major reason we have to fear huge deficit problems in the long term is that entitlement spending is growing faster than inflation. Instead of making entitlement cuts the focus of his long term budget plan, he is trying to fix it with tax raises. Instead of having $1.5 Trillion in tax raises and $480 Billion in entitlement cuts (his proposal), those numbers should be reversed.

If tax revenues are growing at the rate of inflation, defense spending is growing at the rate of inflation, and entitlement spending is growing much faster than inflation, common sense would dictate that entitlement spending is the area that a long term fix should address. Unfortunately, Obama cares more about politics than he does common sense and long-term fixes.

I just can't even imagine how wealthy this country would be if we had privatized Soc. Sec. 50+ years ago...it's mind-blowing. But if nothing else, Americans are chronically short-sided and just want to make sure they get their next check in one piece. Pathetic.

To understand WTF Obama is doing, you just need to try and understand what his biggest supporters want. For example, look at George Soros. The dark figure than thrives upon unrest and tumultuous markets. He's has been pushing and pushing western economies to spend and print themselves into oblivion for some time now. Why would he want this?

Merkel taking Europe in wrong direction: Soros

"I admire Chancellor Merkel for her leadership. But unfortunately she is taking Europe in the wrong direction," the financier and philanthropist told the weekly Der Spiegel.

Soros warned against addressing the crisis with spending cuts, urging the injection of funds instead.

US President Franklin Roosevelt addressed the crisis in 1933 with his New Deal, inspired by British economist John Keynes, which combined a reform of the banking system with major infrastructure projects.

....He said it was a mistake to offer a bailout to Greece tied to high interest rates. "That's why the country can't be saved today, and the same thing will happen to Italy if we put this country in the straitjacket of paying harsh interest rates," Soros said.

A Greek default would cause an escalation of the crisis and could lead to a run on Italian and Spanish banks, and "Europe would explode," he said.


No austerity or financial responsibility in any way. Just keep borrowing and printing. This hardly seems a practical way to face a global balance sheet nightmare. But he thrives on chaos and has no qualms about causing human suffering. Soros supposedly sold his fund's 12 tons of gold last summer but then invested heavily in mining firms. Since then, he took his fund totally private so we no longer have any clue what he's doing.

When you think about how inexpensive it really is to buy an American President, it opens up the realm of possibilities. A multi billion dollar private fund would only have to kick-in say 30 to 50 million dollars through bundlers to have a puppet in the WH. Pretty cheap.

[JuiceTheGator]

BTW, the post above discusses our current Prez. But you could play the same game with many Presidents - especially those particularly beholden to specialized interests. My point is not merely Obama-centric.

[potzer25]

Bush's fix for entitlements?

Medicare Prescription Drug, Improvement, and Modernization Act

[tech_iceman]

Originally Posted by Smart

The Iraq War (total) has cost just over $700 billion. By contrast, the projected shortfall become social security and Medicare income is $50 Trillion in today's money over the next 50 years. But of course, the Iraq War is a bigger reason for the deficit than entitlements...

the Iraq War was completely unnecessary and a COMPLETE waste of money... not to mention the lives it cost

and some people estimate the total cost to the economy as $3 trillion

and the fact that Bush went in with any sort of a plan... it could have lasted forever and cost God knows how much