Re: Obama Says U.S. Long-Term Debt Load ‘Unsustainable’
ROFL. Then he was fucking stupid to not contemplate what such an expansion of executive power might look like in different hands.
05-15-2009
Winehole23
Re: Obama Says U.S. Long-Term Debt Load ‘Unsustainable’
Quote:
Originally Posted by Marcus Bryant
ROFL. Then he was fucking stupid to not contemplate what such an expansion of executive power might look like in different hands.
I've been using this argument for years: if you trust Bush with quasi-regal powers, what about when someone comes along who you don't like? What will you think of the powers then?
People didn't listen to me then, and I don't even think they're listening now. They blame it all on Obama, rather than on the powers we allowed the Office of the President to arrogate for itself, bit by bit.
05-15-2009
Yonivore
Re: Obama Says U.S. Long-Term Debt Load ‘Unsustainable’
Quote:
Originally Posted by Marcus Bryant
ROFL. Then he was fucking stupid to not contemplate what such an expansion of executive power might look like in different hands.
Obama was under no obligation to overstep the intent of TARP.
05-15-2009
Marcus Bryant
Re: Obama Says U.S. Long-Term Debt Load ‘Unsustainable’
Quote:
Originally Posted by Yonivore
Obama was under no obligation to overstep the intent of TARP.
Nor was he under an obligation not to. Therein lies the problem with his predecessor.
05-15-2009
Marcus Bryant
Re: Obama Says U.S. Long-Term Debt Load ‘Unsustainable’
Quote:
Originally Posted by Winehole23
I've been using this argument for years: if you trust Bush with quasi-regal powers, what about when someone comes along who you don't like? What will you think of the powers then?
Naturally we'd hear that they do not exude the great restraint that Lord Bush did.
05-15-2009
Yonivore
Re: Obama Says U.S. Long-Term Debt Load ‘Unsustainable’
Quote:
Originally Posted by Marcus Bryant
Naturally we'd hear that they do not exude the great restraint that Lord Bush did.
Re: Obama Says U.S. Long-Term Debt Load ‘Unsustainable’
Hah.
'How's that, Hankie? Your New York boys need $700 billion? Where do I sign?'
05-15-2009
Yonivore
Re: Obama Says U.S. Long-Term Debt Load ‘Unsustainable’
The difference between Bush's and Obama's deficits is the difference between driving at 63 mph and 174 mph.
One is over the limit. The other is reckless verging on suicidal.
05-15-2009
Marcus Bryant
Re: Obama Says U.S. Long-Term Debt Load ‘Unsustainable’
Bush went rather fast in the last 4 months of his term.
05-15-2009
Yonivore
Re: Obama Says U.S. Long-Term Debt Load ‘Unsustainable’
Quote:
Originally Posted by Marcus Bryant
Bush went rather fast in the last 4 months of his term.
And Obama could have either put on the brakes or accelerated. He chose to fill the tank with nitro and shoot for the sun!
05-15-2009
Marcus Bryant
Re: Obama Says U.S. Long-Term Debt Load ‘Unsustainable’
Quote:
Originally Posted by Yonivore
And Obama could have either put on the brakes or accelerated. He chose to fill the tank with nitro and shoot for the sun!
The gear was already stuck when Obama sat down.
05-15-2009
Cant_Be_Faded
Re: Obama Says U.S. Long-Term Debt Load ‘Unsustainable’
Wow yonivore is just flat off his rocker these days.
05-16-2009
Yonivore
Re: Obama Says U.S. Long-Term Debt Load ‘Unsustainable’
Quote:
Originally Posted by Marcus Bryant
The gear was already stuck when Obama sat down.
Not true.
05-16-2009
Marcus Bryant
Re: Obama Says U.S. Long-Term Debt Load ‘Unsustainable’
How so? The Fed was already printing dollars by the trillion and the TARP funds were being doled out when he took over.
05-16-2009
boutons_deux
Re: Obama Says U.S. Long-Term Debt Load ‘Unsustainable’
and dubya, dickhead, neoc*nts had put the US on course to waste $Ts, all debt-financed, in their bogus war-for-oil, but that's OK with BoniVore because Saddam was a extremely dangerous, bad man, with WMD.
05-16-2009
Winehole23
Re: Obama Says U.S. Long-Term Debt Load ‘Unsustainable’
Quote:
Originally Posted by Yonivore
Not true.
The Yoni Quadrivium: fiat, bluster, ignorance and bullshit.
05-17-2009
smeagol
Re: Obama Says U.S. Long-Term Debt Load ‘Unsustainable’
Leaving beyond your means is fun until the time comes to repay your debt.
The US has been doing this for what, 40, 50 years?
At some point in time, deficits needs to be balanced and the debt you borrowed to raise your populations standard of leaving needs to be repaid.
And :[email protected] blaming this on Obama. Reagan and Bush ran pretty healthy deficits. Yoni's memory is selective . . .
05-17-2009
FaithInOne
Re: Obama Says U.S. Long-Term Debt Load ‘Unsustainable’
It's going to be fun watching the americants when social security goes bankrupt :rollin
05-17-2009
Winehole23
Re: Obama Says U.S. Long-Term Debt Load ‘Unsustainable’
Quote:
Originally Posted by FaithInOne
It's going to be fun watching the americants when social security goes bankrupt :rollin
No it won't, asshole.
05-17-2009
Wild Cobra
Re: Obama Says U.S. Long-Term Debt Load ‘Unsustainable’
Quote:
Originally Posted by smeagol
And :[email protected] blaming this on Obama. Reagan and Bush ran pretty healthy deficits. Yoni's memory is selective . . .
I disagree. None of those deficits were so dangerously high as a percentage of GNP or GDP, plus, much of the new deficit spending are programs that will continue in all future budgets!
05-17-2009
coyotes_geek
Re: Obama Says U.S. Long-Term Debt Load ‘Unsustainable’
Quote:
Originally Posted by smeagol
And :[email protected] blaming this on Obama. Reagan and Bush ran pretty healthy deficits. Yoni's memory is selective . . .
True, but then it should be noted that Obama's own budget projections say that he's going to rack up more debt in 4 years than Reagan, Bush I, Clinton and Bush II did in 28.
05-17-2009
hope4dopes
Re: Obama Says U.S. Long-Term Debt Load ‘Unsustainable’
Quote:
Originally Posted by Marcus Bryant
So it's all Obama's fault, and not, say, a Federal Reserve which fueled yet another asset bubble that popped resulting in these public debt financed bailouts of financial services companies and his predecessor's prolifigate spending?
Yeah it's the Feds plan, but lets despense with this idiotic passion play that Obama's a force for change,let's stop this stupid roll call of economic forecasts and projections, and talk about exposing Obama and every other political hack that's running interference for the elite, and reveal their end game.
05-18-2009
TDMVPDPOY
Re: Obama Says U.S. Long-Term Debt Load ‘Unsustainable’
whoever has super or 501k plans.....lol take a hard fkn look about it, since the govt would probably want these funds to start funding some projects.......this is the only place where the money is left untouched....
05-18-2009
Winehole23
Re: Obama Says U.S. Long-Term Debt Load ‘Unsustainable’
Quote:
Originally Posted by hope4dopes
let's stop this stupid roll call of economic forecasts and projections, and talk about exposing Obama and every other political hack that's running interference for the elite, and reveal their end game.