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  3. Deficits SOAR - regardless of Obama's rosy assumptions

Deficits SOAR - regardless of Obama's rosy assumptions

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  • calfoxwc C Dedicated Very Popular Conversation Starter Collaborator First Post Posting Machine Reacting Well Week One Done One Year In One Month Later
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    C calfoxwc wrote on last edited by
    #2

    This is dangerous territory, folks. Obama's lofty and vague verbage seems to be right out of

    the leftwing books he studied under his fav socialist profs.

    "oopsie" doesn't make it, when after his vaunted eloquent teleprompter reading,

    he underestimates the damage done to our country via the deficit, by 1/5 of what it

    really is.

    And, it's going to get worse. These are financially dangerous times.

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    • Mr. T Mr. TM
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      Mr. TM Mr. T wrote on last edited by
      #3

      Here is a good article on Obama's Frozen economy.

      http://www.businessweek.com/managing/conte...0714_683791.htm

      Head or Gut?
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      • calfoxwc C Dedicated Very Popular Conversation Starter Collaborator First Post Posting Machine Reacting Well Week One Done One Year In One Month Later
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        C calfoxwc wrote on last edited by
        #4

        OMG -

        That is really an outstanding article, T. Nice find.

        I believe we're all in trouble.

        The utopian socialist/lib view that we need

        cap n trade to just make nicey nice to planet earth...

        it's the emotional reaction to a problem.

        Slam it, the prob is bad-replace with eh...good stuff someday??

        . But the consequences, skyrocketing inflation, unemployment,

        social stress, skyrocketing crime, are not considered possibilites.

        It's like some kind of utopian blindness or something.

        but, I think it's an outstanding article, don't listen to me rant.

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        • Mr. T Mr. TM
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          Mr. TM Mr. T wrote on last edited by
          #5

          15 to 1, that is what is predicted, they will have to print 15 dollars to every 1 dollar now in existence to complete all of the spending that Obama & the dems have ran through, and thats before they even okayed the new 2010 budget.

          Head or Gut?
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          • calfoxwc C Dedicated Very Popular Conversation Starter Collaborator First Post Posting Machine Reacting Well Week One Done One Year In One Month Later
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            C calfoxwc wrote on last edited by
            #6

            Obama, has, I heard, quadrupled the Fed deficit in 5 months.

            The dreams of utopia based on his socialist learnings in college

            is biting him, and the entire country, in the rear end.

            I remember some libs getting outraged over the deficit while

            Bush was waging the war on terror after 9/11.

            Now, it's like "deficit? It's better now that Obama is pres."

            Caution: Bad times ahead, I think. Hope not.

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            • Westside Steve W Dedicated Reacting Well Posting Machine Collaborator First Post Conversation Starter Week One Done One Year In One Month Later Very Popular
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              W Westside Steve wrote on last edited by
              #7

              @danamal said:

              The American spirit isnt built upon fear but the ability to take on any challenge and prevail in the face of adversity.

              There is no denying these are trying times but I will continue to be optimistic knowing we have some pretty bright minds working on this and it will turn around.

              Uh good.

              It is no secret that I wasnt a fan of Bush but I never wanted him to fail ,I was just really pissed with his choices that werent in our best interests without regard for what most Americans wanted.

              So you wanted all his policies to get passed?

              I doubt that.

              This isnt left or right this is our country in a very trying time in its history give it some time or keep on bitching ,your choice.

              So you admit you bitched about the Bush policies you felt were bad for the nation.

              Understandable.

              Why is that out of bounds today?

              WSS

              www.westsidesteve.com www.myspace.com/westsidestevemusic www.cdbaby.com/artist/westsidestevesimmons
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              • Westside Steve W Dedicated Reacting Well Posting Machine Collaborator First Post Conversation Starter Week One Done One Year In One Month Later Very Popular
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                W Westside Steve wrote on last edited by
                #8

                @danamal said:

                So you admit you bitched about the Bush policies you felt were bad for the nation.

                Understandable.

                Why is that out of bounds today?

                WSS

                Nothing is out of bounds in politics but most of the threads on here are rehashing the same things over again when there is no merit to them but what the hell lets just keep posting it.

                Most of my arguments with Bush had to do with foreign policy on Iraq and disregarding Afghanistan.

                Seems to me there's been a raft of tax cuts medicare prescription SS etc carping too.

                But that aside.

                Though I'm tempted to listen to what the guys on the ground say what do you see in the conquest of Afghanistan that benefits us?

                And the odds of doing it in the wake of the Brits and Russkies failure?

                WSS

                www.westsidesteve.com www.myspace.com/westsidestevemusic www.cdbaby.com/artist/westsidestevesimmons
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                • calfoxwc C Dedicated Very Popular Conversation Starter Collaborator First Post Posting Machine Reacting Well Week One Done One Year In One Month Later
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                  C calfoxwc wrote on last edited by
                  #9

                  Nothing is out of bounds in politics but most of the threads on here are rehashing the same things over again when there is no merit to them but what the hell lets just keep posting it. Dan

                  ***************************************************

                  Halliburton. A billion times Halliburton. Post an article about the weather,

                  and Halliburton and Cheney came up.

                  Doing the wrong things are okay if it's a "bright mind" that's doing it...

                  Bush was bashed long before he was ever pres, and it never let up, only got worse and worse and...

                  but sure, I can see now, how we should be quiet, not bitch, and not find fault.

                  "everything is beautiful, when libs get their way....."

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                  • ballpeen ballpeenB Conversation Starter Dedicated Reacting Well Very Popular Posting Machine Collaborator First Post One Year In One Month Later Week One Done
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                    ballpeenB ballpeen wrote on last edited by
                    #10

                    Not to mention that I am not so sure these "bright" minds are all that bright.

                    If everybody had like minds, we would never learn.
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                    • Mr. T Mr. TM
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                      Mr. TM Mr. T wrote on last edited by
                      #11

                      Government knows best, that is what all the liberals and socialist like obama assume.

                      when has the federal government ever stepped in and fixed the economy?

                      The last time any president did that was back in the 80's when Reagan fought for tax cuts and loosening regulations on american businesses so that they would be able to compete.

                      And what does the majority leadership in DC do now? They want more regulations spend more money and tax those who they feel are rich.

                      you cant keep robbing from the rich and expect the economy to turn around, just today I read an article of how the recession is soon to be over? 🤔 When will that happen? After everyone who is unemployed gets tossed off of unemployment and then the liberal media will say unemployment is down for the first time since Obama took office, wow his stimulus really worked while the rest of us are standing there wondering if we are having enough money withheld to pay the tax man at the end of the year.

                      Head or Gut?
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