…

Where is the bailout money?…

Count to 10 on August 10, 2009 at 1:40 PM

I’m not really trying to defend Bush (or the Republicans) on this, just pointing out in relative terms of increasing the deficit, Obama is at least twice as bad as Bush.

Prior to the crash of ’08, the Bush deficit was decreasing at a steady rate. If continued, the deficit would have zeroed-out in a couple of years. That would not have fixed the problem, but it would have prevented it from getting worse. Obama’s deficit, on the other hand, is projected to expand continuously, according to the recent CBO graphs.

We are stuck with this Congress until January of 2011 and with Obama until January 2013. God protect us all.

SC.Charlie on August 10, 2009 at 1:10 PM

Not that it is going to happen but isn’t there some mechanism in place where a state can essentially declare no confidence in one of their elected officals and get them removed from office?

$1,300,000,000,000

Is this deficit legal?!?!?

Anyone get this, anyone read between the lines. It is a tacit admission that Obama is inept, corrupt and not good for America.

Obama=Bush

Son of Pelayo

Agreed, but look at what you can figure out in just a minute or two.

One of the fundamental problems liberals seem to have is a lack of basic math skills. The math always catches up to them in the end, but we all pay for it.

ZenDraken on August 10, 2009 at 1:27 PM

Its just that a lot of the worst stuff Bush signed was passed by a congress with at least one house under Democrat control. The ‘cut a check to everyone and call it a tax break’ ‘stimulus’ comes to mind.

Indeed. Especially when you have them upside-down.

ZenDraken on August 10, 2009 at 1:12 PM

Yup.

Increasing the limit is important to instilling confidence in global investors, Mr. Geithner said.

(via drudge)

Whisky Tango Foxtrot.

TN Mom on August 10, 2009 at 1:15 PM

I’m brimming with confidence.

Mr. Geithner, in a letter to U.S. lawmakers, said that the Treasury projects that the current debt limit could be reached as early mid-October. Increasing the limit is important to instilling confidence in global investors, Mr. Geithner said.

HAHAHA.

Geithner thinks there are still global investors who are interested in propping up an economy that is currently in a death spiral.

Hey, here’s an idea Timmy. Give foreign countries 20 billion dollars for every 10 billion they invest in the USA.

Cash for Countries.

Count to 10 on August 10, 2009 at 1:18 PM

Agreed, but look at what you can figure out in just a minute or two.

One of the fundamental problems liberals seem to have is a lack of basic math skills. The math always catches up to them in the end, but we all pay for it.

(wait, does this figure not include those numbers?)

Using numbers from Wikipedia:

Increase in national debt, 2004-2008: 2.6 trillion

Increase in national debt, 2009-2013: 4.6 trillion (est.)

Just FYI to liberal343: first number is Bush, second number is Obama

ZenDraken on August 10, 2009 at 1:12 PM

It’s probably more illuminating to look at the spending of individual sessions of congress, and who controlled each house.

No worries. Geithner says Obama will do whatever it takes to reduce the deficit …

… except reduce the size of the federal government.

PackerBronco on August 10, 2009 at 1:05 PM

U.S. Treasury Secretary Timothy Geithner asked Congress to increase the $12.1 trillion debt limit on Friday, saying it is “critically important” that they act in the next two months.

Mr. Geithner, in a letter to U.S. lawmakers, said that the Treasury projects that the current debt limit could be reached as early mid-October. Increasing the limit is important to instilling confidence in global investors, Mr. Geithner said.

(via drudge)

Whisky Tango Foxtrot.

Bush did worse

liberal343 on August 10, 2009 at 11:59 AM

Fractions are hard.

BadgerHawk on August 10, 2009 at 12:49 PM

Indeed. Especially when you have them upside-down.

—–

Using numbers from Wikipedia:

Increase in national debt, 2004-2008: 2.6 trillion

Increase in national debt, 2009-2013: 4.6 trillion (est.)

Just FYI to liberal343: first number is Bush, second number is Obama

… except reduce the size of the federal government.

If there were some way to get just half that number to not pay their taxes in protest of this spending, is there anything the government could really do about it? I mean honestly, what are they going to do, put 27 million people in jail?

Daemonocracy on August 10, 2009 at 11:58 AM

They won’t have to put people in jail, they’ll just seize their assets. In their mind it all belongs to the government you know …

http://semiskimmed.net/bushhitler.html

Del Dolemonte on August 10, 2009 at 12:30 PM

On the page was a quote by Linda Ronstadt. And she was right! Having Bush as president was like “…Germany, before Hitler took over.” Well, now we have a new fascist dictator just like Linda predicted.