Who put us in debt?
Posted By: sm on 2009-02-07
In Reply to: There was a poster on here during - sm
Who borrowed all that money from China? 42% of the bill is Republican proposed tax cuts. The last stimulus proved that tax cuts don't work (Under George's watch- helped his base, though). The money is either saved or used to pay off debt, neither of which help the economy. Maybe you ought to look over your shoulder and see where the real blame lies. Obama is doing the best he can and all you racists can do is trounce him at every turn. And don't even bother bleating that you're not racist as I see no other reason why you would hug the last administration so fiercely and hate Obama with so much venom. Obama hasn't been able to do ANYTHING yet. Both sides of the aisle wrote that stimulus package - so figure it out.
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debt you can believe in
I can only hope our economists can somehow separate Obama's debt, which will kill us all in our sleep, from Bush's debt, which made us all rich and strong ("Reagan proved deficits don't matter," as VP Richard Cheney famously said--haha, I can't use his usual first name in the post; how stupid is that?).
No, wait. What I actually hope is that the difference between governing and politics keeps becoming more and more visible, so that people are forced to think outside their usual assumptions about what their political party stands for.
No. Remembering the debt we owe all of those
Camera angles, selective footage, media spin do not paint a true full picture. When the emphasis is put on the guys you describe and the rest of the event is never broadcast, it is not be accident. They strive to create the images and impressions which you now express. What is more pertinent here is the anger you see there, in these posts, between the parties and all over our country after 8 years under the regime. This is not blame. It is statement of fact. It's not pretty, granted. But to really undestand what you are looking at takes a little more than a sound byte or a drive-by post.
Considering our national debt is now......... sm
sitting at, what, $3 trillion dollars, I doubt government oversight would be of much benefit to the auto industry. In fact, I kind of feel like the government really has the audacity to ask a private industry to prove a solvent plan when the government can't even balance their own books. Either way, the auto industry is going under. It's just a matter of whether it is now or 6 months from now.
True. We are in debt already. Let's just
and now our country will go bankrupt. Depression, here we come.
True. We are in debt already. Let's just
and then our country will go bankrupt. Depression, here we come. Although some cities are already feeling depression. Cannot wait for our treasury guy who does not know how to do TurboTax is going to say how much more debt (money) we will need coming this week. I betcha the stocks will fall between 300-400.
Wow. New jobs coming. Cannot wait. Maybe a 5',2" and 110 pound woman can apply working on building bridges, paving roads, building a train track from CA to NV. Then the jobs will be finished for me and then what?
She ran our state into debt.
SHE is an extremist.
If you are talking about the war debt, your congress did...
when they voted to go to Iraq. Would not have passed without Dems' support as well.
Our country was not in debt with Clinton but it was sm
when bill got in office and saw the mess bush senior made, it had to be dealt with.... just as this mess GW made will take years to clean up.... but Clinton did get us in the black. Barack is going to use that same tax formula and that is why he said you will pay no more than what you paid in taxes under Clinton. That goes for the rich too.
HC's campaign debt would suggest that
dontchathink?
This plan is not going to affect this debt
growth rate at all, it will continue to grow on a daily basis. This stimulus package will just be added to the total debt. And, actually we do NOT KNOW THAT THIS MONEY WILL BENEFIT people. At this point, we can only pray that it will, we have no other choice. Time will tell.
Will never last. Obama is putting us in debt we may
nm
So, you don't care if we are in debt to the tune
of $9T over the next 10 years????? You really want your children, grandchildren and probably your great-grandchildren to pay for mistakes that did not have to take place in the first place?
You're not wasting tea, you're wasting the little tag on the tea bag. How hard is it to let the government know you are furious with their antics? I just don't agree it's a waste of time.
Some of us (not me yet) are in the less fortunate boat and not getting any help at all while those in power pocket our money. It's time to stop the nonsense and hold those accountable for their actions. It's time to let the government know we don't want to be told how to live anymore. Freedom is not free anymore. It costs a lot of money and our freedoms are slowly being whittled away one by one. I want to see my grandchildren enough those freedoms, not wind up being told how to live, what to eat, where and when to work, etc.
Whew! Sorry. Am venting. I'll get off my soapbox now.
Bush sunk himself and our country......DEBT
v
Democratic = surplus - Republican = debt
Based on Congressional accounting rules, at the end of his presidency Clinton reported a surplus of $559 billion.
After 8 years of Bush...As of September 2008, the total U.S. federal debt was approximately $9.7 trillion.
Has anyone watched "Money as Debt" video?
It's a 47 minute animated video you can find on line (I believe it's on You Tube as well as other places.) I watched most of it once and it's just unbelievable what the banks have been doing for YEARS and it explains a lot of why (at least around where I live) there are new banks with names I've never heard of popping up on every corner and in every new strip mall.
It also goes a long way in explaining how these banks are in such trouble and how they're pulling everyone down with them.
Obama will make sure our children pay for this debt
nm
Any ideas on how paying down too much debt could be a terrorist threat?nm
And what about the debt he inheriteed from George W. Bush, take off the blinders......sm
and they say WE have been drinking Kool-Aid? WE had a president who could hardly color inside the lines, was an inarticulate moron, catered to special interests, led us into an unjustfied war with Iraq (HELLO, IT WAS THE TALIBAN/OSAMA IN AFGHANISTAN ON 9/11), we lost all respect around the globe, and he took a balanced budget from President Clinton and got us into trillions of dollars worth of debt, all the while allowing all bhe banking deregulation, feeding the GREED machine in this country. The past administration was a TRAGEDY perpetrated on the American people, so you folks can keep drinking your Republican Red Kool-Aid, keep prematurely judging this president as you lick your lips praying for his failure, which by the way means RUIN for you, me, and the rest of the nation. The man is willing to TRY, to compromise, and he has only been in office barely three weeks. All the harshness against Obama is misdirected anger and pique that the Republicans were ousted. IMHO. Saying stuff over and over DOES NOT MAKE IT SO!!!
Yeah, lets spend billions, go into more debt while
nm
What a snooty post, no,we have PAID OFF all debt, own our home,,,,sm
outright, thank you, own both our cars, but when you are caring for three kids, taking care of their needs, paying about $300.00 a week on food, I have several serious illnesses with lots of meds, we have high costs here in the North East, AND we are putting money into 401K and retirement, sometimes we DO have to wait a day or two to buy something, it is called A BUDGET, it is called self-restraint in spending, and you, my friend, need some serious counseling in compassion, communication, ....do you even have friends with that kind of attitude??? what is your problem exactly?
Dont talk to me about Debt. Dems wanted loans for
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