Video: Obama on blaming Bush for deficits
posted at 8:49 am on March 25, 2009 by Ed Morrissey
CNN’s Ed Henry hit President Obama a couple of times during the press conference last night, and while the second one got under his skin, the first one got into his head. Henry challenged Obama on the deficits he plans to rack up under his budgets and how he can keep blaming Bush for debt while he massively expands the national debt himself. Henry put it in personal terms:
HENRY: You’ve been very critical of President Bush doubling the national debt. And, to be fair, it’s not just Republicans hitting you. Democrat Kent Conrad, as you know, said, quote, “When I look at this budget, I see the debt doubling again.”
You keep saying that you’ve inherited a big fiscal mess. Do you worry, though, that your daughters, not to mention the next president, will be inheriting an even bigger fiscal mess if the spending goes out of control?
OBAMA: Of course I do, Ed, which is why we’re doing everything we can to reduce that deficit. Look, if this were easy, then, you know, we would have already had it done, and the budget would have been voted on, and everybody could go home. This is hard.
And the reason it’s hard is because we’ve accumulated a structural deficit that’s going to take a long time, and we’re not going to be able to do it next year or the year after or three years from now. What we have to do is bend the curve on these deficit projections. And the best way for us to do that is to reduce health care costs. That’s not just my opinion. That’s the opinion of almost every single person who has looked at our long-term fiscal situation.
Heritage has some figures on deficit spending that should enlighten Obama and his team about the “structural deficit” they inherited. While the deficit jumped in the last year of the Bush administration, thanks to the spending on the bailouts, deficits had declined since 2004 until then. Bush had structured his budgets to get back to balance in the next few years — although without considering the huge mandates in Medicare and Social Security.
Obama’s plans don’t count those mandates, either — but they blow up the deficit:
Not only does Obama quadruple the deficit this year, the long-term outlook shows them rising, not falling, under Obama’s plans. Even the White House projections, using the rosiest possible conditions, shows them increasing after never getting down to the 2008 level. Even in 2013, the White House predicts a budget deficit higher than Bush’s last year, and then increases in the deficit steadily through 2019.
And again, as I said, that doesn’t count the real structural deficit of Medicare and Social Security.
They’re not doing everything they can do to eliminate the deficit. They’re doing everything they can do to make them exponentially worse.
Blowback
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President Obama stated he inherited a $1.3 Trillion ANNUAL deficit from President Bush, which was an outright lie.
Lets look at the facts with the CBO numbers.
For 2008 the deficit was $450 Billion with $150 Billion being the annual budget deficit and $300 Billion with the one time tax credit spending bill. This should have been a $50 Billion deficit from the Bush administration, but this was the first year with Queen Pelosi and he allowed $100 Billion in her pork programs to get a budget done.
For 2009 the President never signed a budget (which the media blew off) because of his fight with Queen Pelosi on her pork filled spending budget that would have raised the deficit. He wanted to keep on track to have a balanced budget in 2010, which again the media failed to report about.
Because he did not sign a budget, all federal spending was locked in at 2008 rate in the spending bills he signed and the ANNUAL deficit President Bush and Queen Pelosi is $150 Billion.
Also the majority of the deficit for 2009 was from legislation signed by President Obama and the only bill he signed was the $700 Billion TARP.
I hope more in the media start to report this fact.
JeffinSac on March 25, 2009 at 10:50 AM
His first accomplishment was saving the economy. His budget will give us long term growth.
We are headed in the right direction.
You can go back to talking about teleprompters.
Adults are in charge.
getalife on March 25, 2009 at 10:54 AM
No one has entered into the equation the amount of money goBernment will actually bring in. With the Obama tax increases it is certain there will be a HUGE drop in Federal ‘revenues‘.
Disaster!
DannoJyd on March 25, 2009 at 10:54 AM
Pubelick skool edumakation = ObamaBot
DannoJyd on March 25, 2009 at 10:56 AM
Talk about timekeeping. The policies that have landed us where this is country finds itself found their genesis in the Carter Administration. Under the Reagan and Bush I terms, those same rules existed but were not of any consequence simply because the banks were not required to lend money to folks who could not possibly repay it.
Along comes the Clinton Administration, and the game changed dramatically. Pressure was put on private banks to make these mortgage loans; Fannie and Freddie were given blank checks with which to spread the wealth. This is when the financial markets jumped off the cliff.
Under Bush II, several bona fide attempts were made to reform the regulations; all were rebuffed by the liberal-controlled Congress.
To say that Obama inherited “this mess” from Bush II is disingeuous at best, and in reality an outright lie. The facts remain and are incontrovertible. The Fed pushed the banks over the cliff on Clintons’ watch. The banks hit the bottom on Bush’s. It was a long fall, with no help from Congress. In fact, when the Dodd/Frank axis saw what was happening, they simply poured more money into Fannie and Freddie, all the while bleating about how successful their programs were. Right up to the point when it collapsed. Then they sang another tune, and continue to sing it to this day.
What is Obama doing? The same thing Dodd/Frank did: Bury the problem with cash. Only this time, the numbers are simply staggering and irresponsible.
BobMbx on March 25, 2009 at 10:44 AM
———-
party blinders on tight: check
selective memory: check
0.00000 objectivity: check
3 for 3.
Dave Rywall on March 25, 2009 at 10:58 AM
Congratulations on passing the ObamaBot test. Your ability to refute the facts without a single shread of evidence [as does our TOTUS] proves you to be an excellent puppet. Keep up the good work.
DannoJyd on March 25, 2009 at 11:01 AM
After all, he can’t ignore the Presidency by running for a higher office.
crazy_legs on March 25, 2009 at 9:53 AM
just thought I’d say it again.
bridgetown on March 25, 2009 at 11:01 AM
The 1.4 trillion is low. Now factor in the trillions spent to fix the economy w left in a disaster. w left out the wars in his numbers.
Start with the budget to reflect the President’s actual debt.
getalife on March 25, 2009 at 11:06 AM
You’re confused. Those projected budget defecits assume solid economic growth. Even with assumed economic growth (and President Obama’s team ackowledges future growth is very difficult to predict) he’s still running the largest defecits in history.
It’s impossible to objectively argue that is in any way good for the nation.
BadgerHawk on March 25, 2009 at 11:07 AM
How in the world is Obama getting away with tagging Bush with the pricetag of his $700B stimulus and $400B omnibus bills?
He should OWN these, Repubs for the most part did not support these and I hope that Bush would have taken an entirely different strategy to recovering the economy.
Following 911, Bush expanded gov’t (rightly) for security, but sought to get $$$ back into the hands of those who would stimulate the economy, not build gov’t.
Ripp on March 25, 2009 at 11:09 AM
can i get through this day without the government using the word trillion?
UNREPENTANT CONSERVATIVE CAPITOLIST on March 25, 2009 at 11:10 AM
BadgerHawk on March 25, 2009 at 11:07 AM
The deficits will be addressed in his second term.
Relax, adults are in charge.
Talk about teleprompters.
getalife on March 25, 2009 at 11:10 AM
Discuss the facts. Do you have any that can counter my abridged version of history?
BobMbx on March 25, 2009 at 11:13 AM
… and here we have a couple of infantile trolls who obviously fell asleep during yesterday’s 3rd grade math class.
Please tell us, trolls, what part of the numbers in the chart above do you dispute?
And while you’re at it, please tell us how this phenomenal deficit spending will lead to economic growth.
UltimateBob on March 25, 2009 at 11:14 AM
Discuss the facts. Do you have any that can counter my abridged version of history?
BobMbx on March 25, 2009 at 11:13 AM
—–
You assign zero blame to Republicans. Hilarious and ridiculous, and you prove my point that you’re a partisan hack.
Dave Rywall on March 25, 2009 at 11:17 AM
The projections are thru 2019… how long will his second term be?
FDR made the same assumption in 1932 and by 1939 the debt, unemployment, etc. were still in “crisis”.
mankai on March 25, 2009 at 11:18 AM
You either have some rare form of vertical dyslexia or you’re a moron. Those defecits gets worse after 2012.
BadgerHawk on March 25, 2009 at 11:19 AM
Congratulations on passing the ObamaBot test. Your ability to refute the facts without a single shread of evidence [as does our TOTUS] proves you to be an excellent puppet. Keep up the good work.
DannoJyd on March 25, 2009 at 11:01 AM
—–
BobMbx is the one who refuses to examine all the evidence.
I’m just calling him on his partisan horsesh1t.
I blame both parties for colossal incompetence for allowing such mindless deregulation without the slightest clue as to how it could all go wrong.
Bye bye now.
Dave Rywall on March 25, 2009 at 11:19 AM
STRASBOURG, France (AP) — The president of the European Union slammed President Barack Obama’s plans to have the U.S. spend its way out of recession as “a road to hell,” underscoring European differences with Washington ahead of a crucial summit next week on fixing the world economy.
Moron!
DannoJyd on March 25, 2009 at 11:20 AM
But you have to agree that the current economic policies President Obama is pursuing are disasterours, right?
BadgerHawk on March 25, 2009 at 11:21 AM
If socialized health care is the magic bullet that will prevent fiscal difficulties, then why is Great Britain, which has had socialized health care for years, currently being warned (by its main money guy) that it can’t spend any more money to stimulate its economy, because it’s out of money?
AZCoyote on March 25, 2009 at 11:23 AM
But you have to agree that the current economic policies President Obama is pursuing are disasterours, right?
BadgerHawk on March 25, 2009 at 11:21 AM
——–
Time will tell. You can’t turn an aircraft carrier around on a dime to avoid the rocks. You might still hit a few rocks as you turn. I sound like a stoned Carol Herman.
Dave Rywall on March 25, 2009 at 11:23 AM
I don’t pretend to be a compromiser. I have principles, and they are not debatable or negotiable.
If refusing to bargain away your principles and personal beliefs makes you a partisan hack, then I’m a partisan hack and damn proud of it.
You, and your worthless, spineless peers, should be concerned that too many people who think like I do get fed up with the Kumbaya mind set.
So go smoke your pot, snort your coke, and applaud a few abortions while you’re at it, and while you still can.
BobMbx on March 25, 2009 at 11:26 AM
At least he’s not deflecting the blame from the Dems and Obama. Getalife is just this side of having sex with Obama in the back of his car. :)
NathanG on March 25, 2009 at 11:28 AM
You guys are looking for logic and humility from Rywall, but there’s none there.
He’s an animal who, like the other animals in the Democrat Party, sees a historic opportunity.
Reason and humility are on the side of the road, way back around the time of the French Revolution.
This is an attack by the animals of our culture. You don’t expect your dog to read a book, and you’re expecting Rywall to assent to the laws of reason.
I admire you for your charity, but I’m skeptical of the probability of success.
jeff_from_mpls on March 25, 2009 at 11:29 AM
Yet again your ability to refute the facts without a single shread of evidence, such as provided by BobMbx earlier [excellent timeline!] proves you to be an excellent puppet.
Keep up the good work.
DannoJyd on March 25, 2009 at 11:31 AM
You guys are looking for logic and humility from Rywall, but there’s none there.
He’s an animal who, like the other animals in the Democrat Party, sees a historic opportunity.
Reason and humility are on the side of the road, way back around the time of the French Revolution.
This is an attack by the animals of our culture. You don’t expect your dog to read a book, and you’re expecting Rywall to assent to the laws of reason.
I admire you for your charity, but I’m skeptical of the probability of success.
jeff_from_mpls on March 25, 2009 at 11:29 AM
——
No, THIS is stoned Carol Herman.
Captain GiantBrain, I blame both parties. Apparently you’re the one who can;t read.
Dave Rywall on March 25, 2009 at 11:32 AM
I’d like to think that I’m at least halfway fair, but most of today’s Dems make that hard. People on both sides are very unreasonable and often unpleasant, but the Dems seem to be worse. Maybe that’s just my conservative bias though.
NathanG on March 25, 2009 at 11:33 AM
Hey, go easy on ‘Bama. He majored in socialism, not economics. The way to get out of a deficit is to spend MORE money. Isn’t that what everyone does?
GarandFan on March 25, 2009 at 11:36 AM
For those that don’t know, Dave Rywall is not a Democrat. He is not a Republican. He is a Liberal Canadian. He sits up there in the Great White North and passes judgement on America in general and Conservatives in particular.
kingsjester on March 25, 2009 at 11:37 AM
The engine failure will be addressed in the last 10 feet of descent.
DrSteve on March 25, 2009 at 11:38 AM
I am amazed at how people still don’t get it after seeing a graph.
DannoJyd on March 25, 2009 at 11:40 AM
Just like Obama, Roosevelt used Hoover’s failure to deal with economic problems for his platform for his own election. The secret to success is knowing who to blame for “Your Failures.” It appears that Boy King has learned his lesson well. This blaming everyone but yourself and people in your administration is total bullshit.
Well, it’s time to shift blame? “IT’S ALL OBAMA’S FAULT.”
try again later on March 25, 2009 at 11:48 AM
Heh, isn’t that how affirmative action noses itself in?
onlineanalyst on March 25, 2009 at 11:48 AM
For those that don’t know, Dave Rywall is not a Democrat. He is not a Republican. He is a Liberal Canadian. He sits up there in the Great White North and passes judgement on America in general and Conservatives in particular.
kingsjester on March 25, 2009 at 11:37 AM
———–
Not passing judgement. Just offering some objectivity that’s non-existent in 90% of the posts around here. Oh – wait – I gotta go – the fries are ready.
Dave Rywall on March 25, 2009 at 11:49 AM
Like Obama’s $787 Billion “Stimulus” legislation, which, by some accounts, will produce more jobs in the short-term, but, in the long-term, employment levels would be about the same as they would be without the “Stimulus”. The problem is, the “Stimulus” has the effect of lowering wages in the long-run.
Adding over a trillion dollars of debt (including interest), that will have to be paid back with lower wages, doesn’t sound like the best way to “clean up” the current economic situation we’re in.
Xiphos on March 25, 2009 at 11:50 AM
Dave Rywall on March 25, 2009 at 11:49 AM
Dave, posting from a Liberal viewpoint is not objectivity.
And as far as all the Conservatives posting around here: We never claimed to be objective. Just concerned about our country, America.
kingsjester on March 25, 2009 at 11:57 AM
The deficit is out of control, and it is all the fault of health costs??????!!!! I’ll give ol’ PeBO credit: he stays on point. He’s going to ram his socialist agenda of health care, education, and energy through irregardless of the reality of the economy.
Who is John Galt?
Mallard T. Drake on March 25, 2009 at 12:01 PM
He can say it all he wants but that doesn’t make it true. He can’t stifle the facts forever with nice words and a winning smile.
rockmom on March 25, 2009 at 12:14 PM
Barry can’t do anything right. After last night, more and more people are having the scales fall from their eyes.
Christien on March 25, 2009 at 12:32 PM
So how many customers have you had today? Did any of them also order crap sandwiches to go with their fries?
Del Dolemonte on March 25, 2009 at 12:46 PM
Hey, CNN claims to be “objective” on a daily basis.
That’s almost as funny as the mental picture I get of Sheetrock making fries at a Wendy’s somewhere in Canada.
Del Dolemonte on March 25, 2009 at 12:48 PM
Pardon me for being crass, but what the hell are you talking about?
Where did I say that the blame was squarely on the Democrats?
What I said was (if you had actually bothered to read my post) that while these problems started under Bush, Obama has done nothing, NOTHING to fix them. In fact, Obama has only exacerbated them. He can’t blame Bush, because Bush isn’t there anymore (although from the sounds of it, Bush is still some sort of shadow President). Blaming Bush makes him look weak. Blaming Bush appeals to the far left and the American Idol addicts who’ve been spoon fed this crap for the last 8 years, but the inconvienent facts have shown that Giggles has only made the problem worse, either through his inaction or through what little of a proposal has come through all the bluster and “flowery, soaring oratory.”
Yes, Bush deserves a lot of the blame. I never said he didn’t (again, that whole reading thing. Had you read my post instead of putting words in my mouth you would’ve realized that). Now it’s time for Obama to take some responsibility and stop blaming others. He watned the job, now he’s got it. So he owns all the problems that go along with it.
BTW, as a point of fact, Bush never blamed Clinton for the recession that followed the dot-com bubble bursting, even though he “inherited” it.
crazy_legs on March 25, 2009 at 1:08 PM
I don’t care how much of a deficit The O inherited from Bush. He and his droogies in Congress are making the deficit worse. Plus, they want more of what we have. They want more control over our lives. They didn’t inherit those things, or the “right” to increase the debt, from Bush.
n0doz on March 25, 2009 at 1:17 PM
Didn’t Bush say that the recession started in 2000 though? He implied that he inherited it. In my opinion, he has more class than Obama in a way. Obama constantly says George Bush over and over again. Kind of getting old.
NathanG on March 25, 2009 at 1:17 PM
Your points in B and C point to what I believe is the meaning of his statements about structural deficits. That is, the Democrats criticized Bush for spending too much, but proposed all sorts of initiatives that would have greatly increased the spending and deficits.
Those initiatives are the structural deficit. Since we did not spend on them during the Bush years, we have a large hole that can only be filled by one thing: dollars. The fact that Bush ran deficits is only a convenient prop. His failure to fund every misbegotten program trotted out by some Democratic special interest group created the structural deficit.
Now our poor leader has made it clear he is going to fill that hole and even found others that are being or will be filled, too: Failure to pay for every penny of some lamebrain’s college? Structural deficit. Private charities doing work that the government could do? Structural deficit. Nationalized healthcare? Structural deficit. Etc. Etc. Etc.(think Yul Brynner).
faeroe on March 25, 2009 at 1:32 PM
Giggles…. Great one, Crazy_Legs!
+10
UltimateBob on March 25, 2009 at 2:03 PM
Dem congressional blueprints only reduces Obama’s budget by about $8 billion in the House bill and $15 billion in the Senate bill.
How much of Obama’s increase in spending is on defense?
I hate that man.
ladyingray on March 25, 2009 at 2:09 PM
People still gobble up Bush-bashing.
That is so last year.
TastyPanda on March 25, 2009 at 2:09 PM
Dave Rywall on March 25, 2009 at 11:49 AM
You don’t have a dog in the hunt and the outcome will have no consequence to you, except that maybe your southern neighbor will be nothing more than an extension of the current southern neighbor’s southern neighbor if Pretender in Charge gets his way, and you have the gall to pass judgment. You guys up north always have good advice for others to follow, but can’t get your own shit together. Pardon me if I don’t kneel and kiss the ring.
belad on March 25, 2009 at 2:09 PM
Dave Rywall on March 25, 2009 at 11:49 AM
I forgot to add, that if you want to have STANDING, go get in line and immigrate south. Until then, you are just another blast of flatulence.
belad on March 25, 2009 at 2:20 PM
65 days, no attacks, securing the border to combat the drug wars, economy saved, troops from Iraq coming home, drones working in Afghanistan and new strategy coming, long term plan for economic growth and he is just getting started.
Finally, a real leader.
getalife on March 25, 2009 at 2:43 PM
How dare Obama blame the president for the last 8 years out of 8 years and 64 days for the problems existing today … HOW DARE HE.
Monkei on March 25, 2009 at 2:49 PM
I know people like you aren’t afraid to face the truth so I fixed it.
petunia on March 25, 2009 at 2:50 PM
There’s no way you’re a real liberal. You’re some kind of super-conservative double agent placed to reinforce stereotypes of liberals.
You’re doing great!
BadgerHawk on March 25, 2009 at 2:50 PM
I would agree if there wasn’t GOP idiots around wanting this president and this country to fail. Everyone knows the GOP doesn’t want him to succeed because it means the Democratic party has succeeded, further denying the GOP power again … it’s easy to see, no matter how the GOP idiots try to sugar coat it.
Monkei on March 25, 2009 at 2:51 PM
Are you saying the country’s problems started the exact day Bush came into office? If you’re that good maybe you should get one of those 17 vacant jobs at Treasury.
BadgerHawk on March 25, 2009 at 2:52 PM
are you saying it just started 64 days ago. if you are that stupid maybe you should sell your computer?
Monkei on March 25, 2009 at 2:53 PM
Ed, why would you take time to structure a thread with data-based commentary to refute something Obama said?
Every word the idiot says is a lie. Everybody with a brain knows it. He has been trained so long to speak in a way that masks the truth and leaves open gaping holes for revision in the future, I don’t think he is CAPABLE of telling the truth.
If his daughters asked him what time it is, he would respond that it depends on where you are in the world and the nature of time itself, but that he is absolutely convinced that time is important and that the current time is what they want it to be.
So, Ed, just cut to the chase….omit the lame efforts to give this political criminal credit for being anything other than the bald-faced liar that he is….and just tell us why what he has said this time is a blatant lie.
notagool on March 25, 2009 at 2:53 PM
What part of “this country is in trouble” is a lie?
Monkei on March 25, 2009 at 2:55 PM
Finally,a real leader.
getalife on Mar 25,2009 at 2:43PM.
getalife: Your confused,your leader,your President,
is Obama the clown,and the Circus of the
Liberal Party!
*(he is just getting started)You mean,Obama’s
Reperation of Slavery!
canopfor on March 25, 2009 at 2:55 PM
With all due respect, this is exactly the way some on the left treated Bush. Criminal and bald-faced liar are not exactly giving respect to the office of the president. While I agree that a lot of Obama supporters are being jerks, the president deserves more respect than that. Please don’t stoop to the level of the likes of Code Pink, John Conyers, and the whole cabal of leftist goons.
NathanG on March 25, 2009 at 3:02 PM
It’s a work computer, and I’m not the one who pinpointed a date for placing blame.
Look! Over there! A straw man!
BadgerHawk on March 25, 2009 at 3:07 PM
Everyone knows the GOP doesn’t want him to succeed because it means the Democratic party has succeeded, further denying the GOP power again … it’s easy to see, no matter how the GOP idiots try to sugar coat it.
Monkei on March 25, 2009 at 2:51 PM
You’ve gotta be kidding me. You’re saying that I want to be completely destroyed financially with no chance of retirement so a Republican can sit in the Oval Office? Wake up and smell a little reality by getting off of koz/huffy sites.
oakpack on March 25, 2009 at 3:13 PM
Ramesh Ponnuru at The Corner said, “I was sufficiently annoyed by the president’s reference to it last night that I wrote up some related press criticism at the National Review Institute’s blog.” Here are some excerpts:
INC on March 25, 2009 at 3:24 PM
Hey get, why did Obama’s parents hate him so much that the sperm donor bailed at the first sign of delayed blood flow, and the mom even had enough after several years. What the hell is wrong with your guy?
As for adults being in charge. I like the way they purchased a foreign leader some “gift” that they found on clearance at Sam’s Club. I guess sitting around refreshing your Facebook/MySpace page is adult in your minimum wage world.
ClassicCon on March 25, 2009 at 4:15 PM
Nah, it’s not that. It’s that if Obama succeeds, everyone’s great-grandkids will fail.
We’re really not as into “we’re gonna WIN, babayyy!!! Just looks at those approval polls!!!!!!!!” as you idiots are.
ddrintn on March 25, 2009 at 5:23 PM
Del Dolemonte on March 25, 2009 at 6:09 PM
Hey Chimpy! Haven’t seen you since the Captain’s Quarters days. Let me introduce you to getalife.
Del Dolemonte on March 25, 2009 at 6:13 PM
Bush reduced the federal deficit? Really?
OOPS.
Must be the same math you guys use to deny climate change.
Constantine on March 25, 2009 at 6:18 PM
Wishful thinking. I hope we are not creating the deficit now so that we can address that during the 2nd term. If we know how, why not in this term?
OneConservative on March 25, 2009 at 6:18 PM
http://www.powerlineblog.com/archives/2009/03/023160.php
If you haven’t read this yet, do so. Very accurate assessment of Obama’s performance last night.
Keemo on March 25, 2009 at 7:13 PM
A**hole Obama acts like he was never part of the freaking Congress that voted for most of this crap. When is someone going to point that out to President Teabag?
drjohn on March 25, 2009 at 8:04 PM
Let’s see. We have this gigantic deficit because of financial mismanagement by Fannie and Freddie and Dodd and Skank and AIG and Lehman and Johnson and Pritzker so we need to control health care costs.
Obama really thinks Americans are idiots and I guess 52% are.
drjohn on March 25, 2009 at 8:38 PM
Constantine on March 25, 2009 at 6:18 PM
Who’s arguing that Bush decreased deficits?
BadgerHawk on March 25, 2009 at 9:33 PM
Wow, getalife’s California stoner son-in-law showed up.
You go, dude!
Farm out, man…
Pardon me, I have to go light a banana now.
Del Dolemonte on March 25, 2009 at 10:00 PM
^^^Wowzers!^^^
Who called in the ObamaBots? I guess they have been called away from their ACORN efforts to
lieshore up the fouled up efforts of Dabama’s administration. Just look at what the ObamaBots think is good news …In a blink of an eye, the U.S. dollar has collapsed against the Euro, Japanese Yen and other major currencies. The trigger was comments from Tim Geithner who said that the U.S. is “quite open” to China’s suggestion of moving towards a Special Drawing Right (SDR) linked currency system.
Perhaps word came down from the closet leader of the Democrat Party …
George Soros: “I’m having a very good crisis”
Yeah, it doesn’t pay to mess with the plans of the man who broke the Bank of England.
Maybe the ObamaBots are worried that the GOP is getting its’ act together …
That is the fatal flaw of the Congress today, is we forget that sacred oath of office that says: We will protect and defend the Constitution which says this Federal Government has a very limited function. And those functions that are not prescribed in the Constitution are left to individuals and to the States.
This is a huge well-intended mistake we are making. It serves a point that we need to realize this Government needs to stop spending and stop borrowing, stop taxing, and let America work.
With the disaster of democrats running Washington today this message will resonate for a decade. Sleep well, ObamaBots. Sleep well.
DannoJyd on March 25, 2009 at 10:02 PM
FIFY.
DannoJyd on March 25, 2009 at 10:03 PM
Someone very wise once said something like “there are none so blind as they who refuse to see.”
Midas on March 25, 2009 at 10:12 PM
So true, yet like seeing the Grand Canyon for the first time, I find the blindness of the ObamaBots to be astounding [and a bit frightening].
Every time I encounter stupidity at that level it reminds me that the publick skool system has to go.
DannoJyd on March 25, 2009 at 10:20 PM
It’s about time someone put up a visual most people can understand. I was getting really tired of hearing the “I inherited the deficit, I’m going to cut it in half” lie.
Daggett on March 25, 2009 at 10:30 PM
WE ARE THE CHANGE WE HAVE BEEN WAITING FOR!
James on March 25, 2009 at 10:44 PM
Another chart that is not pretty… YTD debt increase. Like deficits but uglier.
http://www.mnsd56.com/images/federaldebt.jpg
Dasher on March 25, 2009 at 10:56 PM
Hey, you know what? He’s right…just not about what he thinks.
Cylor on March 26, 2009 at 12:18 AM
What, a democrat lied?!?!?!
Has anybody looked closely enough to see if his ears grow when he speaks?
Gohawgs on March 26, 2009 at 1:30 AM
Adults don’t saddle our children with debt they can’t repay to pursue a socialist pipe dream.
jimmy2shoes on March 26, 2009 at 6:31 AM
Constantine:
The first year of Bush’s tenure there was virtually no deficit, then came 9/11 and the war.
The deficit went up and then levelled off in 2004. It began to decline. When the Democrats took control of the Congress it was down to $160 billion.
After Pelosi and Reid came along, it skyrocketed. That is just a fact.
Terrye on March 26, 2009 at 7:27 AM
At whitehouse.gov they are taking questions you want to ask His Highness. They are pretty funny. There is only 25 minutes left to submit or vote for questions.
hint: search for teleprompter
The potheads are flooding the site,too
darwin-t on March 26, 2009 at 9:03 AM
No matter how hard you try masturbating will not produce a baby. We’re playing with masturbation economics. It cannot work. It is dysfunctional. Therefore as Alan Sayet says, it’s the liberal way of approaching problems.
If anything doesn’t work the liberals pursue it AND FORCE IT ON OTHERS. If it works the liberals eschew it. Conservatives RECOMMEND what works.
Also, note carefully the year of the minimum, an election year. The POTUS-BHO is very cynically pursuing his reelection.
{^_^}
herself on March 26, 2009 at 5:32 PM
So you are calling the Democrat Party the party of mental masturbationists?
DannoJyd on March 28, 2009 at 12:10 PM
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