Conservative Political Forum

General Category => Financial => Topic started by: Vern on January 30, 2013, 04:20:01 PM

Title: Obama's out of control spending
Post by: Vern on January 30, 2013, 04:20:01 PM
In feb 2008, Bush asked for and got a 3.1 trillion dollar budget for FY 2009.  From the CBO Budget Outlook in Jan 2008, revenue was expected to be 2.8 trillion.   

http://www.cbo.gov/publication/41661 (http://www.cbo.gov/publication/41661)

In jan 2008, the CBO was not even predicting a recession let alone the worst recession since the depression.  So Bush's last budget started Oct 1 2008 (thats when the fiscal year starts).     Q4 2008 GDP was -8.9%. (Job losses were 2.1 million Nov 2008- Jan 2009.)

http://www.bea.gov/iTable/iTable.cfm?ReqID=9&step=1 (http://www.bea.gov/iTable/iTable.cfm?ReqID=9&step=1)

So, the CBO does its annual Budget Outlook on Jan 7, 2009 for the current fiscal year.   uh oh, before President Obama even took over, the CBO has revised Bush's 300 billion dollar budget deficit to 1.2 trillion.  OUCH. 

Date of estimate____1/09
Total Revenues___2,357
Total Outlays___3,543

http://www.cbo.gov/publication/41753 (http://www.cbo.gov/publication/41753)   
Title: Re: Obama's out of control spending
Post by: walkstall on January 30, 2013, 04:25:26 PM
And this has to do with b o "Obama's out of control spending"  how?   :lol:
Title: Re: Obama's out of control spending
Post by: The Boo Man... on January 30, 2013, 04:30:57 PM
And this has to do with b o "Obama's out of control spending"  how?   :lol:

Page 58 of the Liberal playbook. Justify bad policy by pointing out bad policy.
Title: Re: Obama's out of control spending
Post by: walkstall on January 30, 2013, 04:34:19 PM
Page 58 of the Liberal playbook. Justify bad policy by pointing out bad policy.

He hoping Solar will not see this for what it is.  More Bush bashing.   :lol:
Title: Notice how I dont have to post editorials?
Post by: Vern on January 30, 2013, 04:36:37 PM
Just so you know, -8.9 % GDP and 2.1 million job losses is depression - esque. 

So the CBO revised spending up 450 billion and revenues down 450 billion (before President Obama took over).  Recessions cost money. More people retiring and collecting SS, more people collecting unemployment.  And then there was the 700 billion dollar TARP bill. And few people are aware of the 300 billion dollar GSE bailout. 

"On September 6, 2008, the Federal Housing Finance Agency exercised authority provided under the Housing and Economic Recovery Act of 2008 (P.L. 110-289) to place Fannie Mae and Freddie Mac into conservatorship. In August 2009, CBO estimated net subsidy costs related to Fannie Mae and Freddie Mac at $291 billion for FY2009."

http://www.fas.org/sgp/crs/misc/R41134.pdf (http://www.fas.org/sgp/crs/misc/R41134.pdf)

OUCH again.  so bailouts (plural) and recession costs add up quickly.  Dont worry, I already know you pubs are screaming "STIMULUS" but the CBO 2009 Budget outlook does not include that. It came out before it.   So lets look at FY 2009 actuals

________________1/09___actuals
Total Revenues____2,357__ 2,105
Total Outlays_____3,543___ 3,518

http://www.cbo.gov/publication/41880 (http://www.cbo.gov/publication/41880)   

So the final budget deficit for FY 2009 was 1.4 trillion.  Thats 200 billion more than the CBO predicted. But oddly spending only went up 400 billion. Revenue collapsed another 250 billion. So revenue declined 700 billion while spending went up 400 billion. If I had to say what the biggest cause of the deficit is I would have to say revenue collapse. 
Title: we could be like the Hardy boys.
Post by: Vern on January 30, 2013, 04:40:08 PM
And this has to do with b o "Obama's out of control spending"  how?   :lol:

exactly Mr Stall. what does that have to do with President Obama?  All my con friends assured me that President Obama's spending is out of control and even stranger they blame him for FY 2009. So I thought by posting the actual facts we could get to the bottom of this mystery.  Are you in?
Title: Re: Obama's out of control spending
Post by: The Boo Man... on January 30, 2013, 04:49:38 PM
LOL!

Let's just focus on 2009. 2010,2011,2012 never happened...
Title: color me confused
Post by: Vern on January 30, 2013, 05:01:53 PM
He hoping Solar will not see this for what it is.  More Bush bashing.   :lol:

Its not "bush bashing". Its false narrative bashing.  I was told repeatedly that President Obama's spending is "out of control" and "its only a spending problem".  Now when I googled this site it said

"Conservative Political Forum - Discussion and Debate
conservativepoliticalforum.com/

A conservative, fact-based political discussion and debate forum covering current events, survival tips, and financial markets.
"

It said 'fact based so I thought I found a new home.  Have I not posted facts?   Please let me know what you think is not true. But I dont see anybody disputing my links. I jsut see people getting mad.
Title: Re: color me confused
Post by: The Boo Man... on January 30, 2013, 05:07:39 PM
Its not "bush bashing". Its false narrative bashing.  I was told repeatedly that President Obama's spending is "out of control" and "its only a spending problem".  Now when I googled this site it said

"Conservative Political Forum - Discussion and Debate
conservativepoliticalforum.com/

A conservative, fact-based political discussion and debate forum covering current events, survival tips, and financial markets.
"

It said 'fact based so I thought I found a new home.  Have I not posted facts?   Please let me know what you think is not true. But I dont see anybody disputing my links. I jsut see people getting mad.

You started a thread about spending because of conversations you have had with people none of us here know and you focus on one year...because of conversations you have had with people none of us know.  And you are apparently assuming that we agree with the conversations you have had with people none of us know. How the hell can we actually debate that? As far as Obama and spending in 2009. He is responsible for spending in 2009 and yes it was reckless. Start with the stimulus.
Title: Re: Obama's out of control spending
Post by: Vern on January 30, 2013, 05:09:54 PM
LOL!

Let's just focus on 2009. 2010,2011,2012 never happened...

patience Mr Boo.  I'll get to that. Lets look at President Obama's first Budget, FY2010

2010 Obama’s first budget

Date of estimate___1/10____actuals
Total Revenues___ 2,175___ 2,162
Total Outlays____ 3,524___ 3,456

http://www.cbo.gov/publication/21999 (http://www.cbo.gov/publication/21999)

now the estimate from 1/10 is CBO Budget Outlook for FY 2010.  The actuals come from the CBO Budget Outlook for FY 2011. mmm, I'm still not seeing the "out of control spending" or the "its only a spending issue". I still see collapsed revenue though.  But the deficit has come down slightly. So the deficit is down on a nominal basis and as function of GDP.

Title: Re: Obama's out of control spending
Post by: The Boo Man... on January 30, 2013, 05:14:46 PM
patience Mr Boo.  I'll get to that. Lets look at President Obama's first Budget, FY2010

2010 Obama’s first budget

Date of estimate___1/10____actuals
Total Revenues___ 2,175___ 2,162
Total Outlays____ 3,524___ 3,456

http://www.cbo.gov/publication/21999 (http://www.cbo.gov/publication/21999)

now the estimate from 1/10 is CBO Budget Outlook for FY 2010.  The actuals come from the CBO Budget Outlook for FY 2011. mmm, I'm still not seeing the "out of control spending" or the "its only a spending issue". I still see collapsed revenue though.  But the deficit has come down slightly. So the deficit is down on a nominal basis and as function of GDP.

Vera please stop copy and pasting stuff because some other website tells you it's relevant. And simply posting graphs doesn't cut it if you don't understand what you are looking at.

Obama entered office in 2009 and he is responsible for most of that spending. Start there.
Title: call me crazy but ah, just call me crazy
Post by: Vern on January 30, 2013, 05:22:09 PM
As far as Obama and spending in 2009. He is responsible for spending in 2009 and yes it was reckless. Start with the stimulus.

Mr Boo, you just posted something that I've proven is at best an 'exageration' . Mr Stall as a moderator of this fact based forum, please do your duty.  and Mr Boo, I haven't just focused on 2009. You started whining before I could finish.

Lets look at FY 2011, President Obama's second budget
 
Date of estimate___1/11____actuals
Total Revenues___ 2,228 ___ 2,302
Total Outlays____ 3,708___ 3,598

http://www.cbo.gov/publication/41880 (http://www.cbo.gov/publication/41880)

If you want to jump for joy because the deficit went up 2 billion on a nominal basis. I could explain the use of 'supplemental budgets' to put it on the same basis but lets just say it went down as a % of GDP.  Mmmmm, I'm still seeing it more as revenue issue than a spending issue.  anybody seeing it different?
Title: oops
Post by: Vern on January 30, 2013, 05:32:41 PM
sorry, the above link should be

http://www.cbo.gov/publication/42905 (http://www.cbo.gov/publication/42905)

Now thanks to the last minute legislation, the CBO Budget Outlook for FY 2013 is delayed until February.  I cant post the actuals for FY 2012 yet

Date of estimate___1/12____actuals
Total Revenues___ 2,523___ TBD
Total Outlays____ 3,601___ TBD

I can tell you the budget deficit was 1.1 trillion for FY 2012.  Thats a nominal drop in the deficit and as a % of GDP. thats good right?
Title: kram just posted 'graphs' in the other thread. did you speak to him?
Post by: Vern on January 30, 2013, 05:40:01 PM
Vera please stop copy and pasting stuff because some other website tells you it's relevant. And simply posting graphs doesn't cut it if you don't understand what you are looking at.

Obama entered office in 2009 and he is responsible for most of that spending. Start there.

er uh Mr Boo, I'm not "simply posting graphs". I'm posting the CBO Budget Outlooks and I'm cutting and pasting the spending and revenue data from the appropriate table.  I dont want any 'road blocks' in between you and the facts.  this will have to do until the 2013 Budget outlook comes out

"The federal government’s fiscal year 2012 has come to a close, and CBO estimates—in its latest Monthly Budget Review—that the federal budget deficit for the year was about $1.1 trillion, or 7.0 percent of gross domestic product (GDP). "

http://www.cbo.gov/publication/43657 (http://www.cbo.gov/publication/43657)
Title: Re: we could be like the Hardy boys.
Post by: walkstall on January 30, 2013, 06:03:55 PM
exactly Mr Stall. what does that have to do with President Obama?  All my con friends assured me that President Obama's spending is out of control and even stranger they blame him for FY 2009. So I thought by posting the actual facts we could get to the bottom of this mystery.  Are you in?

LOL no I am not in, you came just to bash Bush.  :lol:
Title: Re: kram just posted 'graphs' in the other thread. did you speak to him?
Post by: The Boo Man... on January 30, 2013, 06:09:49 PM
er uh Mr Boo, I'm not "simply posting graphs". I'm posting the CBO Budget Outlooks and I'm cutting and pasting the spending and revenue data from the appropriate table.  I dont want any 'road blocks' in between you and the facts.  this will have to do until the 2013 Budget outlook comes out

"The federal government’s fiscal year 2012 has come to a close, and CBO estimates—in its latest Monthly Budget Review—that the federal budget deficit for the year was about $1.1 trillion, or 7.0 percent of gross domestic product (GDP). "

http://www.cbo.gov/publication/43657 (http://www.cbo.gov/publication/43657)

Oh I see! It's just your opinion that a trillion dollar defect is not irresponsible spending.

Awesome.
Title: why cant pubs argue what I post?
Post by: Vern on January 30, 2013, 07:12:31 PM
LOL no I am not in, you came just to bash Bush.  :lol:

er uh Mr Stall, so what you are saying is my clear straightforward posts and the solid factual links to back up my points are just a clever ploy?  sorry Mr Stall, I clearly stated that I'm shredding the false narratives I routinely hear from pubs that "Obama's spending is out of control" or " its only a spending revenue". and Mr Boo was kind enough to post another false narrative even after I'd already shredded it: "2009 belongs to Obama".

Mr stall, lets discuss this together. See how Mr Boo literally creates a false narrative right in front of us.  I've clearly shown and proven that the biggest cause of current deficits is revenue destruction. Somehow he interprets that as me sayin "trillion dollar deficit are responsible" .  He cant argue what I post so he has to create a false narrative to argue.  Facts seem to upset him so much he creates a fantasy world to retreat to. Can you believe I deal with all the time.
Oh I see! It's just your opinion that a trillion dollar defect is not irresponsible spending.

Awesome.
Title: Re: Obama's out of control spending
Post by: The Boo Man... on January 30, 2013, 07:13:59 PM
Tell us Vera. What is your opinion of Obama's stimulus spending?
Title: Re: Obama's out of control spending
Post by: Vern on January 30, 2013, 07:25:12 PM
Mr Boo, please please please quit thinking I'm here to validate your delusions.  Make a point and back it up.  Here are some tips I posted for solar

Here are some simple guidelines  to follow to make your make your learning process faster (and more fun)

Make clear simple points and back them up
Don’t ask questions (other than rhetorical)
Stop making it about me.


go ahead and add this to list
Respond to the actual posts (not the ones you imagine)
Title: Re: Obama's out of control spending
Post by: The Boo Man... on January 30, 2013, 07:26:15 PM
Mr Boo, please please please quit thinking I'm here to validate your delusions.  Make a point and back it up.  Here are some tips I posted for solar

go ahead and add this to list
Respond to the actual posts (not the ones you imagine)

Don't troll or you will be flushed.

Once again what is your opinion of the stimulus?
Title: Re: Obama's out of control spending
Post by: Solar on January 30, 2013, 07:52:12 PM
Don't troll or you will be flushed.

Once again what is your opinion of the stimulus?
Get ready for a long song and dance, followed by a chorus of 100 gay men singing it's Kermit-It's Not Easy Being Green in acapella.
Title: the stimulus prevented a depression, go ahead and start a thread about it
Post by: Vern on January 31, 2013, 03:34:39 AM
Get ready for a long song and dance, followed by a chorus of 100 gay men singing it's Kermit-It's Not Easy Being Green in acapella.

The stimulus is worthy of its own thread. In the meantime, why cant people respond to the actual facts I've posted.  Its always like that. I post facts that shred their comfortable narratives and they lash out, post insults and want to quickly want to change subjects. 

Did anybody find my clear straightforward posts informative? I did back them up with solid factual links.
Title: Re: Obama's out of control spending
Post by: kramarat on January 31, 2013, 05:44:05 AM
I always thought that estimates from the CBO were estimates. :blink:

The only fact that exists, is that they made an estimate. How often have they been spot on?
Title: Re: Obama's out of control spending
Post by: kramarat on January 31, 2013, 05:57:20 AM
When government itself is out of control, it doesn't make much sense to get into chicken and egg arguments over Clinton vs Bush, or Bush vs Obama. It's like telling a kid to choose between his alcoholic father and his crack addict mother.

Basing arguments on CBO estimates is also BS. All we can go by is what's already been done. It's unsustainable.

http://www.usgovernmentspending.com/us_20th_century_chart.html (http://www.usgovernmentspending.com/us_20th_century_chart.html)

Should we be singing Happy Days Are here Again?

Recent US Federal Deficit Numbers
Obama Deficits           Bush Deficits
FY 2013*: $901 billion FY 2009†: $1,413 billion 
FY 2012: $1,089 billion FY 2008: $459 billion
FY 2011: $1,300 billion FY 2007: $161 billion
FY 2010: $1,293 billion

Although the federal deficit is the amount each year by which federal outlays in the federal budget exceed federal receipts, the gross federal debt increases each year by substantially more than the amount of the deficit each year. That is because a substantial amount of federal borrowing is not counted in the budget. See here.

Note:

* Federal Deficit is budgeted.
† Some people have emailed to insist that the FY 2009 deficit should be assigned to Obama. Good point.

Title: the actuals upset him more
Post by: Vern on January 31, 2013, 09:40:39 AM
I always thought that estimates from the CBO were estimates. :blink:

The only fact that exists, is that they made an estimate. How often have they been spot on?

uh kram, the estimates are estimates. the actuals are actuals.  Did your brain block out the actuals?

When government itself is out of control, it doesn't make much sense to get into chicken and egg arguments over Clinton vs Bush, or Bush vs Obama. It's like telling a kid to choose between his alcoholic father and his crack addict mother.

Basing arguments on CBO estimates is also BS. All we can go by is what's already been done. It's unsustainable.

kram, your doing that thing that everybody at this forum seems to do : argue things I havent posted.  And you're still whining about estimates.  If the estimates upset you so much, focus on the actuals.   In this thread, I've shown the cause of the trillion dollar deficits to be a result of revenue destruction from the Great Bush Recession. I'm not comparing  Clinton vs Bush, or Bush vs Obama. 

Its always funny the things people post in response to my facts. 
Title: Re: the actuals upset him more
Post by: kramarat on January 31, 2013, 09:46:44 AM
uh kram, the estimates are estimates. the actuals are actuals.  Did your brain block out the actuals?

kram, your doing that thing that everybody at this forum seems to do : argue things I havent posted.  And you're still whining about estimates.  If the estimates upset you so much, focus on the actuals.   In this thread, I've shown the cause of the trillion dollar deficits to be a result of revenue destruction from the Great Bush Recession. I'm not comparing  Clinton vs Bush, or Bush vs Obama. 

Its always funny the things people post in response to my facts.

What do you mean I'm arguing things you haven't posted?

The thread title is Obama's Out Of Control Spending

Is the subject something other than that? I haven't read all of the posts.
Title: Re: the stimulus prevented a depression, go ahead and start a thread about it
Post by: Solar on January 31, 2013, 10:41:09 AM
The stimulus is worthy of its own thread. In the meantime, why cant people respond to the actual facts I've posted.  Its always like that. I post facts that shred their comfortable narratives and they lash out, post insults and want to quickly want to change subjects. 

Did anybody find my clear straightforward posts informative? I did back them up with solid factual links.
Worthy of what? The stimulus is the worst thing any POTUS could do, letting the free mkt correct itself is the best medicine, but to further manipulate and micro manage such a behemoth is to think one has the power of God.
Oh wait, that's the image you have of the second coming you've placed on a pedestal. 
Title: EXTRA! EXTRA! READ ALL ABOUT IT
Post by: Vern on February 05, 2013, 05:45:10 PM
President Obama continues to reduce the massive Bush deficits! Now that the CBO Budget Outlook is here, lets fill in 2012 actuals

Date of estimate___1/12____actuals
Total Revenues___ 2,523___ 2449
Total Outlays____ 3,601___ 3,538

http://www.cbo.gov/publication/43907 (http://www.cbo.gov/publication/43907)

I still dont see that "out of control spending" that cons screamed about so much.  Lets look at 2013 estimates (dont look kram, you know how estimates upset you)

Date of estimate___2/13____actuals
Total Revenues___ 2,708___ TBD
Total Outlays____ 3,553___ TBD
Title: Re: EXTRA! EXTRA! READ ALL ABOUT IT
Post by: Solar on February 05, 2013, 06:01:55 PM
President Obama continues to reduce the massive Bush deficits! Now that the CBO Budget Outlook is here, lets fill in 2012 actuals

Date of estimate___1/12____actuals
Total Revenues___ 2,523___ 2449
Total Outlays____ 3,601___ 3,538

http://www.cbo.gov/publication/43907 (http://www.cbo.gov/publication/43907)

I still dont see that "out of control spending" that cons screamed about so much.  Lets look at 2013 estimates (dont look kram, you know how estimates upset you)

Date of estimate___2/13____actuals
Total Revenues___ 2,708___ TBD
Total Outlays____ 3,553___ TBD
Wow, you really are wearing blinders.
All this is based on a Hell of a lot of "ifs", and the admin has proven he does not keep his word.
You just keep drinking the kool aid.
Title: Re: EXTRA! EXTRA! READ ALL ABOUT IT
Post by: Vern on February 05, 2013, 06:14:19 PM
Wow, you really are wearing blinders.
All this is based on a Hell of a lot of "ifs", and the admin has proven he does not keep his word.
You just keep drinking the kool aid.

again solar, I have no idea what point you are making.  I've shown the estimates and actuals for FY 2009-2012.  I'm now showing the estimates for 2013.  I'm sorry I cant show the actuals for 2013 but even you should understand why.

make a clear point. back it up.  tell ya what. just make a clear point.
Title: Re: EXTRA! EXTRA! READ ALL ABOUT IT
Post by: Solar on February 05, 2013, 06:44:08 PM
again solar, I have no idea what point you are making.  I've shown the estimates and actuals for FY 2009-2012.  I'm now showing the estimates for 2013.  I'm sorry I cant show the actuals for 2013 but even you should understand why.

make a clear point. back it up.  tell ya what. just make a clear point.
Read you damn link, I did, and it is full of "IFs" if this happens, then this would be the outcome, if the law doesn't change, then it could do this, but if, and on and on and on, it's nothing but a theory based on if.
Title: Re: Obama's out of control spending
Post by: The Boo Man... on February 05, 2013, 09:25:51 PM
Kids reading blogs are boring...
Title: now "if" is his enemy.
Post by: Vern on February 06, 2013, 06:40:41 AM
Okay solar, so your point is the word “if” is used in the CBO Budget Outlook.  I bet the word "if" is used in all the CBO links I’ve posted in this thread.  Budget estimates require assumptions. they have to tell you "if current law.... ".  In 2008, their estimate was off because it didnt account the stimulus check Bush mailed out in Q2.  So if the "ifs" bother you, focus on the actuals.  Actuals dont have "ifs"

 this seems a perfectly good use of the word “if”.  (just read the first part solar)

“The federal budget deficit, which shrank as a percentage of GDP for the third year in a row in 2012, will fall again in 2013, if current laws remain the same.”

And don’t forget, its an estimate of the current FY.  (you do remember that the current FY starts 10/1 of the previous calendar year).  So if you look at the previous CBO  estimates I posted, I’d say they are in the ball park.  Now "if" we default on our debt I’m sure the numbers would change but nobody needs that explained to them do they?
 
 
Kids reading blogs are boring...

Honestly boo boo, why do you even bother to post?   

Title: Re: EXTRA! EXTRA! READ ALL ABOUT IT
Post by: taxed on February 06, 2013, 12:15:53 PM
President Obama continues to reduce the massive Bush deficits! Now that the CBO Budget Outlook is here, lets fill in 2012 actuals

Date of estimate___1/12____actuals
Total Revenues___ 2,523___ 2449
Total Outlays____ 3,601___ 3,538

http://www.cbo.gov/publication/43907 (http://www.cbo.gov/publication/43907)

I still dont see that "out of control spending" that cons screamed about so much.  Lets look at 2013 estimates (dont look kram, you know how estimates upset you)

Date of estimate___2/13____actuals
Total Revenues___ 2,708___ TBD
Total Outlays____ 3,553___ TBD

Vern, please post a link to the budget so I may look at it.
Title: Re: EXTRA! EXTRA! READ ALL ABOUT IT
Post by: The Boo Man... on February 06, 2013, 03:22:56 PM
Vern, please post a link to the budget so I may look at it.

If he does that he will see he is epically wrong with 2009...
Title: maybe he is just that dumb and couldnt find it himself
Post by: Vern on February 06, 2013, 05:15:38 PM
here is the 2013 budget. who knows what point he will eventually never get around to making. (and who knows what budget he wanted. )

http://www.whitehouse.gov/sites/default/files/omb/budget/fy2013/assets/budget.pdf (http://www.whitehouse.gov/sites/default/files/omb/budget/fy2013/assets/budget.pdf)

If he does that he will see he is epically wrong with 2009...

I cant stress it enough. make a point.  Point out exactly what you think is wrong.


Title: Re: maybe he is just that dumb and couldnt find it himself
Post by: The Boo Man... on February 06, 2013, 06:05:36 PM
here is the 2013 budget. who knows what point he will eventually never get around to making. (and who knows what budget he wanted. )

http://www.whitehouse.gov/sites/default/files/omb/budget/fy2013/assets/budget.pdf (http://www.whitehouse.gov/sites/default/files/omb/budget/fy2013/assets/budget.pdf)

I cant stress it enough. make a point.  Point out exactly what you think is wrong.

You should know cupcake. if you have done your homework it would be jumping off the page.
Title: yes, I know. he only pesters me
Post by: Vern on February 07, 2013, 04:58:12 AM
You should know cupcake. if you have done your homework it would be jumping off the page.

what you fail to understand, nobody but you is privy to the delusions you believe.  Please stop pestering the intelligent people at this board and just make a clear point.  then step back and watch me shred it.  Ah, maybe thats why he's afraid.
Title: Re: yes, I know. he only pesters me
Post by: taxed on February 07, 2013, 10:36:13 AM
what you fail to understand, nobody but you is privy to the delusions you believe.  Please stop pestering the intelligent people at this board and just make a clear point.  then step back and watch me shred it.  Ah, maybe thats why he's afraid.

Still waiting on that link to the budget.  You don't have to go all the way back... just post the last one Obama passed.
Title: Re: yes, I know. he only pesters me
Post by: The Boo Man... on February 07, 2013, 02:26:44 PM
what you fail to understand, nobody but you is privy to the delusions you believe.  Please stop pestering the intelligent people at this board and just make a clear point.  then step back and watch me shred it.  Ah, maybe thats why he's afraid.

 :lol: :lol: :lol:

Shred?

Grow up little boy.
Title: Re: yes, I know. he only pesters me
Post by: The Boo Man... on February 07, 2013, 02:31:11 PM
Still waiting on that link to the budget.  You don't have to go all the way back... just post the last one Obama passed.

It doesn't matter. According to Vera everything happened under Bush. Bush is to blame for everything. Even budgets he never signed. We are back to debating talking points from 2008.
Title: Re: Obama's out of control spending
Post by: kramarat on February 07, 2013, 03:41:44 PM
I guess we can't shake that damned Bush. I think he might be still hiding in the Bushes..............and doing the same bad stuff. :rolleyes:

http://www.cnbc.com/id/49018964/Fed_Pulls_Trigger_to_Buy_Mortgages_in_Effort_to_Lower_Rates (http://www.cnbc.com/id/49018964/Fed_Pulls_Trigger_to_Buy_Mortgages_in_Effort_to_Lower_Rates)
Title: Re: Obama's out of control spending
Post by: The Boo Man... on February 08, 2013, 07:21:48 PM
I guess we can't shake that damned Bush. I think he might be still hiding in the Bushes..............and doing the same bad stuff. :rolleyes:

http://www.cnbc.com/id/49018964/Fed_Pulls_Trigger_to_Buy_Mortgages_in_Effort_to_Lower_Rates (http://www.cnbc.com/id/49018964/Fed_Pulls_Trigger_to_Buy_Mortgages_in_Effort_to_Lower_Rates)

Vera's ignorance was obvious from day one when he blamed Bush for 2009 spending. If he had done his homework he would have known that because Congress is so useless the budget for 2009 was not brought up until 2009 and Obama loaded it up and signed it with blame going to Bush.
Title: Re: Obama's out of control spending
Post by: kramarat on February 08, 2013, 07:31:46 PM
Vera's ignorance was obvious from day one when he blamed Bush for 2009 spending. If he had done his homework he would have known that because Congress is so useless the budget for 2009 was not brought up until 2009 and Obama loaded it up and signed it with blame going to Bush.

When the Obama bubble bursts, it will change the dynamics of the entire planet. Just a wild guess, but I'm thinking that the US dollar will no longer be the global currency.
Title: Re: Obama's out of control spending
Post by: supsalemgr on February 09, 2013, 05:51:14 AM
When the Obama bubble bursts, it will change the dynamics of the entire planet. Just a wild guess, but I'm thinking that the US dollar will no longer be the global currency.

I agree. This fiscal insanity is unsustainable and will have a global impact. I have been around long enough there are consequences to any action, good and bad. Personally, I would like to see the disaster come to a head sooner rather then later. Then we can go about the diffcult task of returning to reality.
Title: Re: Obama's out of control spending
Post by: kramarat on February 09, 2013, 06:16:25 AM
I agree. This fiscal insanity is unsustainable and will have a global impact. I have been around long enough there are consequences to any action, good and bad. Personally, I would like to see the disaster come to a head sooner rather then later. Then we can go about the diffcult task of returning to reality.

Or maybe an entirely new reality. Obama is playing his role perfectly............

http://endoftheamericandream.com/archives/the-united-nations-declares-war-on-the-u-s-dollar-and-publicly-calls-for-the-establishment-of-a-new-world-currency (http://endoftheamericandream.com/archives/the-united-nations-declares-war-on-the-u-s-dollar-and-publicly-calls-for-the-establishment-of-a-new-world-currency)
Title: Re: Obama's out of control spending
Post by: simpsonofpg on April 04, 2013, 04:14:31 PM
When all you have ever known is spending money that has been given to you.  YOu did not have to earn it is was a gift or a grant.  You have no conception of the value of the money.  We need a president that understand business from a real perspective.  I mean that they have worked at it not read about it.