News flash! Obama most frugal president since Ike

Aha…knew it all along!!!

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I understand that this data strike directly at the heart of the GOP caricature of Obama.

Keep striking. We might just pull through this rough patch of Extra Stoopidity.

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Saints preserve us….from the Wall Street Journal?

When did they become anti-capitalist, socialist, kenyan,
dog eating book cookers?

How’d I miss that?

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Johnny REB,

Exceptionally good point…at least the GOP is good for something while in the majority…..too bad they weren’t as successful with the deficit…

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But But But But………. President Trillions, Odumbo, Oblama, the sky is falling the sky is falling.

But what about………….

That’s not what Rush and Boortz say you liar. Breitbart reports he’s a Kenyan. Trump doesn’t like him. It can’t be true…….

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but but Preznit TRILLIONS Jay! it’s a big number and it scares me!

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Thanks Jay…that all makes sense to me..too bad the CBO is only mutually agreed source for this stuff…I’m skeptical about CBO’s batting average when projecting 10 years out….I’m wondering if that track record exists….Ironic that the first folks having to account for trillion dollars is our government…

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I can see this one will have all the Moonbats drunk with delight by 8:30. Enjoy and good day.

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YOU LIE!!!!!!!!!

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FRED,

Name calling again….perhaps my reading comprehension is once again flawed…

JAY, thus my moniker….Clowns and Jokers…..at least corruption is bi-partisan…

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Of course, the Republican House has nothing to do with this…

Jay’s gotta spin it somehow I guess….

Funny how quickly people try to dispel facts when they don’t agree with their “perception” of reality.

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My thinking has changed on repealing the Bush tax cuts with exception being those making under $250k or single folks making over $100K….the political fallout may be worth the price of admission…this way the DEMS will be calling GOP bluff regarding the job creators…this combined with increase in corporate taxes will make for great theatre..

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Budgets don’t matter.

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“unspun” version?

$16 Trillion in debt (+ $5 trillion since he took office). And don’t give me the bs about “oh oh oh they weren’t his policies”. He’s had 4 years to overturn Bush’s bad policies and hasn’t.

And I missed where he’s cut the deficit in half like he promised.

So, you can have your facts and I’ll have mine, k?

I’ll be voting Democrat this year but it’s not going to be for this guy.

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“Funny how quickly people try to dispel facts” – I never said they weren’t facts. But there’s aaaaaall kinds of different ways we can look at out debt/deficit. Some ways make Obama look better than others.

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So, from Bookman’s point of view, Bozo is the greatest thrifty president in recent history. So why are we in debt for a cool 16T? Why has this President outspent the last 43 Presidents by a whopping margin? Why is our debt now surpassing our GDP? In a Google news article today, the CBO is warning Bozo that if the Bush tax cuts are allowed to expire, we are likely to go over the cliff in a brand new recession. Of course, that will be after the election. Hell, the Democrats have not passed a budget in Congress for the last 1,000 days or so. I don’t know what that reporter on the Journal is smoking but it is clouding his judgement.

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The race is tightening so it’s time to convince Ron Paul to run as an Independent.

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GRANNY,

Good point…it’s baffling how anyone can even suggest an increase in defense spending…GOP is as betrothen to defense cash as DEMS are to union cash…both hopefully will be neutered at some point…will likely take constitution amendment…

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Peadawg

When his spending is lower than most every president before him, you can’t blame him for “spending” the debt to where it is. That gives the impression that you’re failing to also acknowledge the lost revenues from both, the Bush tax cuts and the recession. If you’re trying to do an honest assessment, you have to take all things into account, both the good and the bad.

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“Don’t forget your good ole buddy bush” – I remember what happened but that was 4 years ago, sport.

Yaaawwn, Jay.

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GOP is as betrothen to defense cash as DEMS are to union cash…

LOLOLOL!!!!!!! What union cash? Unions make up exactly what percentage of the workforce nowadays???? How much cash flows from each of those interest groups. There’s no comparison at all there….

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No excuses for war criminal Bush nor Obama but…………..
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A)Tax-cuts are NOT spending
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and
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B) the OMB and CBO numbers don’t jive……..not unlike any government propoganda.
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The Obama/Romney/Bush progs are getting desperate.

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Thomas Heyward Jr

Can you share those OMB numbers with us and point out the differences?

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Pea

You feeling ok?

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Take a good look at the debt clock. Our national debt is now at $15,739,631,000,000 and change. That represents about 138K/American taxpayer and close to 50K/citizen…… far and away the highest in the history of our country. Our GDP has never lagged behind our debt in the history of our Republic…. never. And Bozo is spending less than any other President in recent memory? You are hallucinating in liberal LaLa land, Mr. Bookman. What the hell are YOU smoking?

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the job creators

Job creators?

Don’t you mean job destroyers?

NEW YORK (CNNMoney) — Hewlett-Packard will announce another round of substantial job cuts Wednesday afternoon in an effort to streamline its teetering PC and services businesses, a source familiar with the plans told Fortune.

The layoffs will be “in the ballpark” of 25,000 workers, the source said, which would amount to about 7% of HP’s global workforce. The nation’s largest technology company by revenue currently employs 349,600 people worldwide, according to its latest regulatory filing.

http://money.cnn.com/2012/05/23/technology/hp-layoffs/index.htm?hpt=hp_t2

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Speaking of lies, and since Yak chimed in with oft-bleated lie given him by Rushbo and his ilk…

During a family bus trip, former Alaska Gov. Sarah Palin made a claim about the size of the debt accumulated under President Barack Obama.

“Look at the debt that has been accumulated in the last two years,” Palin, a Republican, told Fox News’ Greta Van Susteren on May 31, 2011, as her bus rolled down the highway. “It’s more debt under this president than all those other presidents combined.”

This claim is similar to ones we’ve checked in the past — with varying ratings — so we thought we would check Palin’s as well.

A few preliminaries. First, there are two common measures for debt. One, called public debt, tallies up the debt held by the public, while gross federal debt is a larger figure that combines publicly held debt plus debt held by the government itself, such as in the Social Security or Medicare trust funds. Both figures are considered legitimate, and since Palin didn’t specify which one she was referring to, we’ll run the numbers for both categories of debt.

Second, we’ll assume that all the debt accumulated under Obama should be attributed to him. In reality, this isn’t a logical allocation, since the first budget he wrote was actually for the 2010 fiscal year, and because he — like all presidents — inherited the fiscal legacy of his predecessor.

Still, calculating it this way is much simpler — and as we’ll see, it won’t matter to the outcome.

We turned to the Treasury Department’s “Debt to the Penny” calculator, where we found that on Obama’s first day in office, Jan. 20, 2009, the public debt stood at $6.307 trillion; gross federal debt stood at $10.627 trillion. For the most recent date available — May 27, 2011 — these two debt figures stood at $9.718 trillion and $14.345 trillion, respectively.

That means that under Obama, the public debt rose by $3.411 trillion and the gross federal debt rose by $3.718 trillion. That’s a huge amount of money — but it’s far less than what was accumulated by Obama’s 43 predecessors.

Because debt is cumulative (minus any intervening surpluses) the debt level for the previous 43 presidents is equal to the amount of debt on the day Obama was inaugurated. So even by the standards we used — which aren’t especially favorable to Obama — the debt he accumulated amounts to either 54 percent of his predecessors’ combined debt (using the public debt figure) or 35 percent (using gross federal debt).

Neither of these figures is “more … than all those other presidents combined,” as Palin had said.

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This fact does not surprise me at all. The basic truth of this information is what I have tried to share on this blog, for months.

The deceptions thrust upon the American people by those within the Bush Dynasty have been remarkable. I continue to urge others to read the well footnoted and well documented 2009 book “Family of Secrets,” by investigative journalist Russ Baker, to see behind this veil of falsehoods and “caricatures” perpetuated on the American people by these powerful people.

I have just completed reading the 500+ page book. I am thoroughly disgusted at the use of our government for personal gain by, and for, those within this powerful circle, which includes many more than the two Bushes. And, their power and influence on what America becomes will continue well past the Bush Dynasty’s power.The irony is that these people are the same ones who promote small government for the many less fortunate than they are financially, while at they same time they have been using our government, stealthily, to accrue personal financial gain for themselves. I do not think that this is what our Founding Fathers had in mind for American to be or to become. It is past time for that veil of secrecy to be lifted. Read the book or at least visit the website, below.

http://www.familyofsecrets.com

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Of course, the Republican House has nothing to do with this.

I object! The Republican House did have quite a bit to do with this. Just look at their work under Bush II. They blew every penny they could get their hands on and left Obama with nothing so he had no choice but to cut spending.

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“Wow, that just has to give them goose pimples all over…”

About the only thing that elicits such a response from our local band of wingnuts is a burning cross…

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You ain’t seen nothin yet.
JEB is waitin in the wings.

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BRO…

http://thehill.com/business-a-lobbying/225923-union-cash-floods-states-after-gops-2010-wins-

http://www.opensecrets.org/industries/indus.php?Ind=D

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Truth be told… Jeb is the smart one, and may not be too bad…

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Interesting that the 3 smallest percentage increases in spending ALL come from Dem Presidents and the 5 largest spending increases ALL come from Reg Presidents…

Yet the cons cling to their ignorance anyway…

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And all of those pesky stats about how much money we are spending have not even included Bozocare which will cost about 2X original estimates, according to the CBO who massaged the numbers to allow Bozo and the gang to get the votes they needed to pass this fiasco. The unfunded mandates to the states alone will be staggering, along with what this idiocy will cost American business. A frugal President? What a friggin’ joke.

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Granny Godzilla – Union Thugette

May 23rd, 2012
8:16 am

Thomas Heyward Jr

“Can you share those OMB numbers with us and point out the differences?”
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Yes I could.
But I will not.
Unlike a your .gov diety………I will not spoon feed a prog.
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Also in closing…..the article neglects those stupid “spending” ponzi schemes that don’t take effect until 2014…..That kind of “back-end” loading ALWAYS works on the intellect of your typical R versus D citizen.
.
Fascinating……..and you get the austerity that you deserve.
Sadly,your children don’t deserve it though.

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BRO,,

http://www.opensecrets.org/industries/indus.php?ind=P

http://www.opensecrets.org/industries/mems.php?party=D&cycle=2012

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Ahhhh… “Bozocare”…. an attempt to spread out the cost that we are already paying for uninsured healthcare via the ER by making the uninsured share in the burden…

Yak just can’t help hisself… this whole truth about spending has unhinged him….

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I also think it fair to give the current batch of Republicans credit for compromising by passing that legislation requiring across the board cuts in the case that bi-partisan supercommittee could not agree to any cuts themselves.

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Enacting laws that force doctors to lie to patients?

See, when you’re a filthy liar yourself, expecting others to lie as a routine part of their work is no big deal.

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Bookman, 8:31,

Your “hard data” just doesn’t match up. I have not made a single thing up. Have you taken a good look at the debt clock lately?

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Here is what Jay has done. He is claim Obama is frugal because he is spending less than what was spent in 2009. Keep in mind that he contributed to the spending in 2009.
I find this post either misleading or dishonest. Obama has two of the top three highest spending years since 1947. Considering he has only completed 2 years that is pretty remarkable. Now you can make an argument that Obama has inherited a bad economy and two wars to pay for that he did not start but making the argument that he is frugal is completely ridiculous and can only be supported by statistical manipulation.
This post hurts Jay’s credibility.

And there s no doubt that 2012 with give him 3 of the top four.
2009 25.2 Bush
2010 24.1 Obama
2011 24.1 Obama
1983 23.5 Reagan
1982 23.1 Reagan

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It keeps getting better all the time. How damn dumb do you media types think this country is? Think a second before answering.

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The fact that the national debt has risen from $10.6 trillion to $15.6 trillion under Obama’s watch makes for easy partisan attacks. But the vast bulk of the increase was caused by a combination of revenue losses due to the 2008-09 economic downturn as well as Bush-era tax cuts and automatic increases in safety-net spending that were already written into law.

http://tpmdc.talkingpointsmemo.com/2012/05/federal-deficit-barack-obama-spending-stimulus-budget-historic-trends.php

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Mick, 8:24 am

**The basic truth of this information is what I have tried to share on this blog, for months**
—————————————————————————
You and me both sister, it is never ending particularly because the propaganda has been so effectively catapaulted
===============================================

I know you have, Mick. The more people who get the word out the better. We average Americans must be just as relentless to tell the truth – by helping others to see beyond the well orchestrated surface realities, that are false, of these powerful people – as they are to perpetuate their falsehoods.

Continue to keep your voice loud, clear, and frequent, Mick. Mainly, tell the truth as you have discovered it.

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So, why in God’s name would we want to go back to the same policies that tanked the country while propping up the uber wealthy, under Republican rule? And look how well “austerity” measures are doing in Europe.

Die off, Republicans. Your days are dwindling, and I thank the Lord.

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In other words, kayaker, if you can’t refute hard data, just start making stuff up.

Or just as bad, do the recon…(see his 8:10)

Finn @8:27,

GOP War on Women?

I don’t see any GOP War on Women!

Do you see any GOP War on Women?

I know that that phrase really bothers the more sensitive of the neocons here, so let’s call it something that even they cannot dispute – The GOP’s Full Scale Legislative Assault on Women’s Rights.

And the fallout?

Mitt is gonna get absolutely decimated at the polls this November, vis a vis the American female voter. And rightfully so.

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But Jam,
The 24 GOP wimminz in the house have started some sort of club to refute that…

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Well, when you add up AFL-CIO, NEA, Teachers Union, Municipal and Federal Employess, SEIU, Electrical Brotherhood, you get a pretty big number wouldnt you agree?

if I remember correctly, less than 12% of the entire workforce is unionized, and that includes public union members. Compare that with the defense industry, and you’ll understand why I say there is no comparison. Especially when you factor in that some of the very union workers are also employed by defense contractors.

Also, your charts does not break down lobbying to show what area the lobbyists represent. Therefore, you don’t have an accurate picture of the money flowing from the defense industry. On the other hand, there is no attempt to hide money from labor in the same manner. Give that some thought for a minute.

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Jay don’t confuse em with the facts. The GOP try to be like the old tobacco industry, all hat on no cattle. A real man is a Republican and women go where there are real men. And the results of this fiction is the health ads being run in showing smokers with tubes hanging out of them, flat on their backs in beds to weak to get on their feet. When macho becomes brains I am buying an elephant but for now I use them to point out the weakness in our system. Wall Street, health care, bigotry, whatever they are flying around is a sign something is dead underneath it. If I can tell so can our enemies. Follow the agenda of a right winger and you will be given the keys to this country’s weaknesses. .

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LOL @ Jay!

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The civil rights movement, once a controversial left-wing fringe, has grown deeply embedded into the fabric of our national story. This is a salutary development, but a problematic one for conservatives, who are the direct political descendants of (and, in the case of some of the older members of the movement, the exact same people as) the strident opponents of the civil rights movement. It has thus become necessary for conservatives to craft an alternative story, one that absolves their own ideology of any guilt. The right has dutifully set itself to its task, circulating its convoluted version of history, honing it to the point where it can be repeated by any defensive College Republican in his dorm room. Kevin Williamson’s cover story in National Review is the latest version of what is rapidly congealing into conservatism’s revisionist dogma.

http://nymag.com/daily/intel/2012/05/conservative-fantasy-history-of-civil-rights.html

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And all of those pesky stats about how much money we are spending have not even included Bozocare which will cost about 2X original estimates, according to the CBO who massaged the numbers to allow Bozo and the gang to get the votes they needed to pass this fiasco.

LOLOLOL!!!!!! So now we’ve fallen back to counting spending that has not even happened yet??? Hell, in that case, Romney’s already said he’s for increased defense spending. He’s already looking like the prototypical GOP President already.

——————————-

You guys really DO think he should be the Messiah, don’t you? Because that’s the only person who could possibly accomplish what you claim to think Obama should accomplish.

Dammitt Jay!!!!! That was a very tasty mouthful of coffee I just lost reading that. I think you owe me a cup now.

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B

O

O

M

!

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Maybe the GOP is just trying to rewrite LAWS that directly effects women?

http://www.youtube.com/watch?v=_kH_EZF0XqM&ob=av2e

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Like I said… Unhinged…

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Wingnuts + facts = unhinged

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I thought the constitution granted congress spending authority ? I wonder how Obama can claim credit in the area of budgeting when in the past two budgets submitted to the senate, not on senator, dem or repub, voted yes on the budgets submitted by Obama.

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Call me shocked…Not even one ‘Attaboy’ from the conservatives to Obama for reeling in spending better than any of his predecessors in the last 30 years…

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Really don’t have all the time that some do on these things; gotta make a living you know. But suffice it to say that baseline budgeting as opposed to zero-based budgeting can be credited with your “hard factual” data. If you start from an inflated base, budget amounts swell even more with lower increments of increase. It’s a math thing.

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Jay is starting a new division of comedy central

This is propaganda of the first order

If a helicopter drops me off at the top of Mt McKinley and I walk down, did I climb it? No.

The author at marketwatch despite being paid by a biz publication, is full of garbage and is as biased as they come.

Another recent column of his: Investors demanding larger government deficits

This guy is an expletive and so is jay for drinking his own koolaid

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Wow. All the accolades to Obama whom did this without ever getting a budget passed….

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Jay is starting a new division of comedy central

This is propaganda of the first order

The author at market watch despite being paid by a biz publication, is full of garbage and is as biased as they come.

Another recent column of his: Investors demanding larger government deficits

This guy is an idiot and so is jay for drinking his own koolaid

If a helicopter drops me off at the top of Mt McKinley and I walk down, did I climb it? No.

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LOLOLOL!!!!!!!

Now our Bloomberg/WSJ business warrior, jm, is attacking the WSJ for their message. Hilarious…..

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Yes to this,…..kayaker 71

” look at the debt clock and tell me that we are not not further in debt than we have ever been and that the American taxpayer owns more of a debt obligation than ever before in our history.”

Tell me how much of that debt is the Iraq War and the interest from the Iraq War ?

Those Republican’s can start a War, can’t Finnish, or ever find a way to fund it can they ?

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Bro aka not too bright

I’m attacking the author, notthe publication

Sweet jeebus liberals are dense

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From the link below:

“Some lawmakers, pundits, and others continue to say that President George W. Bush’s policies did not drive the projected federal deficits of the coming decade — that, instead, it was the policies of President Obama and Congress in 2009 and 2010. But, the fact remains: the economic downturn, President Bush’s tax cuts and the wars in Afghanistan and Iraq explain virtually the entire deficit over the next ten years (see Figure 1).”

http://www.cbpp.org/cms/index.cfm?fa=view&id=3490

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It looks like the Republicans taking control of the house has worked! Good job Boehner!

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Jay 9:07

Warning: don’t type “market watch” as one word

We all know why that doesn’t go well

Same as sweet water

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kayaker 71. How much of the debt and interest is because of the Iraq War and interest ?

Use a credit card much………kind of like George Bush did with the US Treasury…… How did those Cost plus contracts work out for US citizens ?

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JM how did those cost plus contracts work out for US Citizens ?

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I feel like I should tally the number of posts that deny this is all true, but I suspect I would be wasting my time. Plus, I have had a lot of work to do this week so I don’t actually have time.

But still, gotta love it when people simply refuse to accept reality. They truly believe they live in a different reality, with a President that has a record they made up for him instead of his actual record… but it’s ok, people know them there. And they are safe… except for when they’re not (which is almost always).

Cognitive Dissonance says, “What?”

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jm

Attacking the source of the message is still attacking the source. If he had posted that from MoveOn.org, you’d still be attacking the source. Parsing does not fit well.

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Jay..Please no more actual statistics…….. makes the GOP head cluttered with reality…… They prefer to rant about homosexuals, and desire they all be put in a barbed wire enclosure……because they are Godly folks !

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Jamvet

I’ve climbed several mountains in excess of 14,000 feet

I’d be fine

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Jm, the mountain you speak of is the mountain of debt caused by Bush’s unpaid for policies. The tax cuts, the drug benefit, the wars and an economy collapsing with millions more people needing government assistance and most of those things continue to cost more and more every year. And it will only get worse under Romney and the “marvelous” Ryan plan which will give more tax breaks to billionaires while cutting 1.7 million seniors from meals on wheels! Yes, that’s right, they want to cut meals on wheels. I guess they think those lazy seniors need to get up on their walkers and cook for themselves so the billionaires can even more money home to either sit on like they are doing now. Unbelievable.

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“The irony is that these people (in the Bush Dynasty and elsewhere) are the same ones who promote small government for the many less fortunate than they are financially, while at they same time they have been using our government, stealthily, to accrue personal financial gain for themselves.”

Yes back to “Cost Plus Contracts “……. A real invention of the GOP to bilk the US Treasury.

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RB from Gwinnett – “It looks like the Republicans taking control of the house has worked! Good job Boehner!”

Oh good, so it’s all due to the GOP in the house. Well then, I guess there really is nothing that Romney can do despite his many speeches to the contrary. If that’s the case, he needs to stop lying about what he’ll do to bring the country back from the brink, because, afterall, it’s really the GOP house that pulls all the strings.

Thanks for clearing that up RB.

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This is similar to Jay’s recent column about normalizing every president to a score of 100 based on the spending taking place when they take office, and then measuring from there. But here’s the problem with that: Spending sharply spiked just before Obama took office because of the Great Recession. Remember TARP? That level of spending was not considered normal, it was to deal with a very serious situation. But now that level of spending IS considered normal. Also, here’s the part of the article Jay left out:

“By no means did Obama try to reverse that spending. Indeed, his budget proposals called for even more spending in subsequent years. But the Congress (mostly Republicans, but many Democrats too) stopped him.”

I know that Jay knows all this, and has a bet with Kyle Wingfield that he is such a good writer that he can convice his readers that Obama is not a spending machine, especially given the fact he has added more to the debt than all other presidents combined with 8 months left in his first term. Based on what I am reading here, Kyle will be taking Jay to lunch.

No one ever went broke underestimating the intelligence of a Bookman blog reader.

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“I’d be fine”…

F: Freaked out
I: Insecure
N: Neurotic
E: Emotional

Yep…that’s our jm…

just funnin’ you, jm…

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K71 — “Tell me that projected spending on this health care fiasco is not going to add significantly to our debt which has not even been added to the totals yet. Tell me that the majority of this insane spending didn’t happen on Bozo’s watch. Bookman’s figures and the Journal’s just don’t match reality.”

Translation: Who you gonna believe, me or your lyin’ eyes?

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If Obama’s spending started from a record high point that was deemed “temporary” and he makes little effort to end it’s “temporary” status, why should we be cheering?

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jm

Name calling is always the first sign you’ve lost the argument. Hence, I knew you had given up as soon as you responded because you did not have a defense. Thanks for playing though. No dodge here. You’re just mad because you, of all people, got called out for attacking the WSJ, when any other time, you’d be toting their scrotum around the place here.

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The spectrum of the conservative response is hilarious.

All the way from, ‘these figures are manipulated…propaganda’ to ‘credit should be given to the GOP Congress.’

Can you say mutually exclusive…

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Great!!! So everything is fine.

We can all return our heads to the sand.

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And to have President Obama compared to a fiscal conservative like President Eisenhower?

Ike was smart. He taxed the top at a whopping 91%!!
No, the purpose was not to confiscate wealth,,,,,
this high rate was to encourage re-investment in the economy, thereby avoiding the hi tax.

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Bro btw I didn’t name call

I described you

Get over it

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Been perusing the BBC and I gotta ask…Egypt, got Democracy?

http://www.bbc.co.uk/news/world-middle-east-18167224

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Just for a counterpoint the next time a wingnut spews how spending has skyrocketed under Obama, here are three changes he made to budgetary practices which his brave predecessor wouldn’t/couldn’t face up to …
1. Included war funding right up front (rather than as special appropriations later).
2. Included Medicare “reimbursements” which were mysteriously off-budget previously.
3. Removed bogus projections for AMT revenues which typically had never materialized.
The obvious, unavoidable result of this transparency was an apparent increase in the debt – “apparent” because it finally “appeared” yet had been there all along. I consider that forthright and honest on his part.

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Jm

Sweet jeebus liberals are dense

The abbreviation aka, also known as, is typically used to suggest or denote an alias. To call me otherwise known as “not so bright” would mean that you are indeed name calling. Describing someone would requre the use of adjectives, not aliases. For someone who’s supposedly not to bright, I seem to have a far superior knowledge and grasp of grammatical English than you do, so what does that make you????

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Gordon … I trust Obama at his worst, more than any GOP out there.

The mantra of WAR and zero financial plan is the main reason, along with the unwillingness to help America’s here at home, unless of course you are cutting taxes for the super wealthy.

The infrastructure of America has fallen apart, and the GOP still wants to run around and invade all, and be world police for Corporate America.

We have been told so my Romney wanting to increase the Military budget, which is way out of control to start with.

The GOP has never ever come up with a plan to pay off the War debts…..just cut help to American’s in need.

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Moderate Line……… Please tell us the time frame it will take the US to recover from Bush, because I was thinking a minimum of 10 years.

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“Gainin’ on ya… Movin’ in around ya.”

So what is the point of that statement? Is that supposed to be some kind of threat?

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hahahahahahahahahahah hahahahahahahhaha lol lol lol lol. Jay you’re too much….Tooooo much…absolutely delusional. Of course your article fails to mention the coming affect of Obamacare years after Obama is gone. But…you’ve never been one to paint a complete picture anyway.

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I see the Republicans are just trickling down all over themselves on this topic. Good show, Jay.

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There ya go again using facts the cons ignore.

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williebkind. The Evil was starting a WAR…that is what George Bush did….. Killing is killing no matter what the age.

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recon

They predicted the same thing when clinton raised taxes in 92, what happened next? The economy boomed…

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Recon – “Here’s the reality, the Congressional Democrats in the Senate haven’t passed a budget in over 3 years and Obummer can’t govern sufficiently enough to get them to do so. Now we’re heading for disaster in 013.”

If the endresult is the prediction below, I’m all for it. I guess we really do need those tax cuts to go away. Thanks Recon

The economy would rebound at a 2.3 percent growth rate in the second half of the year, however, under CBO projections.

Read more: http://www.foxnews.com/politics/2012/05/22/cbo-says-us-likely-to-fall-fiscal-cliff-if-bush-era-tax-cuts-allowed-to-expire/#ixzz1vhX8uyAc

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“Bush’s policies = 4.0 Trillion (wars, drugs’ entitlement)” – Which Obama didn’t touch

“Bush’s tax cuts = 3.0 Trillion” – Which Obama extended

$5 Trillion added to the debt since 2008…spin all you want.

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Jay’s news flash sure has scooped all of the other news outlets. I’ll bet the carnival man will be boasting about this at the next press conference.

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Jay: Given all that, why do conservatives give the resolution such importance? I’d like to understand, and if you could explain it to me I would deeply appreciate it.

I suspect you know the answer to this: It’s the same as the reason they keep trotting out other usual talking points – They want to distract, deflect, divide, and then in the same breath blame the left for all of those d words.

http://en.wikipedia.org/wiki/Psychological_projection says “what?”

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Cry Misty Fyed for yourself…….. Obama is doing fine, and in 10 years or so America may be out of the Bush mess.

Thus the reason to not allow a fox to rule the hen house yet again…….especially one that wants to up the military budget.

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I’m kinda confused maybe one of you real smart folks can help me out!!

We can all agree that GWB was a big spender, real big spender.

So what does that say that Obama has increased from that, I mean we have all heard Obama b*tch and moan about Bush. Seems odd he would keep so many of his same identical policies.

Whatever happened to the guy who said he would attack the budget with a scapel? What a liar!

I’m am still not sure how anyone opposed to bush and his policies can be in favor of Obama, unless you are basing it on something other than policies and job performance??

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“Bush’s tax cuts = 3.0 Trillion” – Which Obama extended

Implying that Obama is therefore responsible for the entire cost of the tax cuts since their original implementation, correct?

Here’s a hint: Even if you include the cost of the tax cuts SINCE their extension, Obama has spent less than Bush’s first term. Even in dollar for dollar values.

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Peadawg agree with your 9:51

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Jay

May 23rd, 2012
9:40 am
While I appreciate your kind words about my writing ability, Gordon, their impact is lessened by your inability to get even basic facts correct.

For example, Obama has NOT “added more to the debt than all other presidents combined with 8 months left in his first term,” and in fact it is not even close.
+++++
In order for what conservatives say to be true Gross Federal Debt would have to double, However, the Federal debt when from 56.4 to 85.2 under Bush. Under Reagan it went from 32.5 to 53.1 Under Obama it has gone from 85.2 to 98.7

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Jay, it does provide a metric for budget performance that the Democrats don’t want to be measured on.

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GS: I’m am still not sure how anyone opposed to bush and his policies can be in favor of Obama

Because Obama’s opponent wants to take up all of those same policies and drag us further into the red (both on the balance sheet and on the political spectrum) with all of them. More tax cuts that cost us even more, more drug company and oil company giveaways, more foreign policy chest thumping, and more cuts to social programs that already have been cut almost to the bone.

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Peter what does that have to do with what I’m saying. How much money has been printed in the last 4 years?

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1. For the first time in history, our AAA credit rating has been downgraded.
2. This is the slowest recovery from a recession since the Great Depression.
3. President Obama presided over the largest peace time economic stimulus in history.
4. Federal debt is increasing at the fastest rate in history.
5. No president before Obama had an annual federal deficit even approaching $1 trillion; Obama has not had a deficit below $1 trillion.
6. In April 2012, we had 40 straight months of federal deficit spending. The longest prior streak was 11 months.
7. Despite rhetoric to the contrary, corporate welfare (subsidies, tax breaks, bailouts, etc.) has increased dramatically from the $92 billion per year level it was at when Obama took office. Green energy spending alone quadrupled to over $18 billion.
8. Federal debt has exceeded Gross Domestic Product for the first time since 1947. We now join only six other nations with this distinction: Greece, Iceland, Ireland, Italy, Portugal, and Japan.
9. At 24%, federal spending as a portion of GDP is at its highest level since 1946. (OECD estimates combined federal, state and local spending is a whopping 41% of GDP.)
10. During Obama’s first 26 months in office, regulatory burden has increased by $38 billion. The number and cost of regulations is the largest for such a time period in history.
11. In March 2012, it was reported that new business start ups hit an all-time low.
12. The number of taxpayers who actually pay federal income tax reached 49%. Data going back to 1950 indicates this is a record low.
13. For the first time Treasury officials know of, private parties received priority over the federal government in a bankruptcy (the restructuring of the Solyndra loan).
14. The dollar fell to a record low against the Japanese yen.
15. In 2012, the U.S. dropped to tenth place on the Index of Economic Freedom, our lowest ranking since 1995, when the index was first calculated.
16. With other nations dropping their corporate tax rates, the U.S. had the highest corporate tax rate in the world in March 2012.

17. Unemployment remained above 9% and above 8% for the longest periods of time since the Great Depression.
18. Median length of unemployment is more than twice as high as it has been at any time in the past 50 years.
19. High school drop outs over age 25 are particularly vulnerable when it comes to employment. The 38 worst months of unemployment for this group have all come under the Obama administration.
20. The misery index (unemployment plus inflation) reached its highest level since 1983.
21. The percentage of the population that held a job hit 45.4%, down from a peak of 49.3% in 2000, the lowest level since 1983.
22. In 2010, 66.8% of men held a job, the lowest level ever recorded.
23. The number of people unemployed, marginally attached to the labor force, or working part-time rather than full-time has reached an unprecedented 26 million.
24. Unemployment by age group records were first kept in 1948 and unemployment among young adults (ages 18 to 29) is the highest on record.
25. Labor force participation has dropped to a 29-year low (63.7%), after a record one-month drop of 1.2 million people in January 2012. In March 2012 the number of people not in the labor force hit an all-time high of 88 million.
26. State and local governments have shed over half a million jobs, most of them since the end of the recession in 2009. State and local government job statistics have been kept since 1955 and this is the worst decline on record.

27. More people are on food stamps than ever.
28. Nearly half of all households has at least one person receiving federal benefits.
29. Direct federal payments to individuals increased a staggering 32% during the first three years of Obama’s administration.
30. Government transfer payments make up over 18% of all monies received by individuals, an all-time record.
31. The number of people receiving Social Security disability benefits increased 10% in Obama’s first two years.
32. The poverty rate is the highest since 1993.
33. The Heritage Foundation Dependency Index, a measure of dependency on government, has taken its biggest 2-year increase since the Carter Administration and is at an all-time high. In 2010, for the first time the per capita government spending on dependence programs exceeded per capita disposable income. Only about 20% of this rise can be attributed to the economic downturn.
34. Personal wealth declined $8.7 trillion from 2009 to 2011, the largest decline in history.
35. Household income has shrunk by 10% during Obama’s presidency, most of that coming after the end of the recession.
36. Disposable income, an indicator of standard of living, has been tracked for 50 years. It has dropped 4% in the past three years, the worst decline on record.
37. The percentage of young adults living with their parents is at the highest level since the 1950′s.
38. During the Obama administration there have been a record 5.4 million disability claims, a number that is more than twice the total of new jobs created.
39. Average annual family health care premiums topped $15000 for the first time ever.
40. Outstanding student loans hit record levels and are on pace to top $1 trillion this year.
41. The average annual gasoline expense was $4155 in 2011. This is the largest portion of household income spent on gasoline in over 30 years.
42. In 2012, gasoline prices hit their highest winter level ever.
43. In March 2012, a Washington Post/ABC poll found 50% of respondents disapproved strongly of President Obama’s handling of the economy, an all time record.

44. Home values have experienced their worst decline since the Great Depression.
45. Home ownership has seen its largest decline since the Great Depression.
46. In the first quarter of 2012, the home ownership rate dropped to 65.4%, the lowest in 15 years.
47. Home foreclosures hit a record pace.
48. New home sales were first recorded 50 years ago and they reached their lowest level ever in 2011.
49. Existing home sales are on pace to be the lowest level since record keeping began in 1950.
50. Housing starts reached record lows.
51. Regional and strip mall vacancies hit 9.4%, an all-time high since record-keeping began in 2000.
52. In 2011, U.S. airlines had the fewest flights since 9/11, signifying a broad and pervasive industry downturn.

53. For the first time since the 1973 War Powers Resolution, a president has engaged in hostilities without seeking congressional approval. Obama is also the first president to engage in hostilities without seeking or receiving any form of congressional approval.
54. When Obama sent troops to central Africa, he engaged the U.S. in an unprecedented four simultaneous theaters of conflict.
55. Obama is the first president to order and carry out the assassination of a U.S. citizen.
56. Opinion polling in Muslim countries indicates in most of them approval of the U.S. has declined during the Obama administration.
57. Education achievement scores dropped across the board in 2011 and reading is now at the lowest level since 1972.
58. The Obama administration has deported undocumented immigrants at a record pace.
59. In 2012, the Pew Hispanic Center found a net outflow of Mexican immigrants from the U.S. This is the largest reversal in people moving across the U.S.-Mexico border since the Great Depression.
60. A 2012 report indicated that DOJ criminal prosecutions for securities and bank fraud were at a 20 year low.
61. Refusals of Freedom of Information Act requests jumped 50% under Obama.
62. Barack Obama has received more Wall Street campaign contributions than any politician over the past 20 years.
63. The 2010 elections saw record-level losses for Obama’s Democrats in Congress, state legislatures, and state governorships.
64. For the first time in memory, large numbers of protestors on both the political left and right have been motivated to take to the streets.
65. In 2011 the U.S. dropped to 24th, two places from the previous year, in the Transparency International perceived corruption index.
66. 2011 saw a record number of medication shortages in the U.S.
67. According to the book “Throw Them All Out”, the alternative energy loans and grants portion of the American Recovery and Reinvestment Act may be the largest example of crony capitalism in U.S. history.
68. With Keystone XL, Obama became the first president to ever block a pipeline project.
69. A record 19 journalists and media executives have joined the White House or groups that support President Obama.
70. In 2011 a record number of Americans renounced their U.S. citizenship.
71. In 2012, only 33% had a favorable view of the federal government, a 15-year low.
72. Obama has had more re-election campaign fundraisers than all presidents since Nixon combined. He is the only president to visit all election battleground states during his first year in office.

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Brosephus — “That’s hilarious… P-Funk designated as a “threat”…. ”

It’s like sounding the Civil Defense sirens and activating the Emergency Broadcast System because someone reported an Atomic Dog in the area.

Bow wow wow yippee yo yippee yay
Bow wow yippie yo yippee yay

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williebkind .. Funny stuff !!!!!!

The republicans had to build armies to protect our freedom.

Clinton downsized the military drastically. Completely destroyed the intelligence fields! Then Bin Laden unleashed his terror during the Bush administration due to the intelligence downgrade by Clinton.

Funny stuff…….. How about the truth…….Bush was too busy allowing the Bilking of California, to pay attention to what was going on in the Mid east.

All happened under his watch period !

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Phony argument. Every dime Obama spent was a waste – who in his right mind spends a trillion dollars he does not have, on shovel ready jobs that aren’t, and leaves the bills to the next generation? Obama added more debt than every other prior president combined. Only a cultist would buy a suggestion that Obama is “frugal.” Whatamaroon.

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$3.58 trillion in spending, that is frugal!

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He’s had 4 years to overturn Bush’s bad policies and hasn’t.

Your admission that Bush’s policies, the same ones Romney wants to reignite and go further with, were bad policies.

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Verbal kint, how many items in that list are directly a result of Obama’s actions or inactions?

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…ramming down my throat…

I have found that those who complain the most about having something rammed down their throat are the same ones who will swallow anything.

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Now you’ve done it Jay! Gone and confused them with facts. They have a hard enough time trying to comprehend the super pac bull/campaign rhetoric, the facts will just scramble their brains.

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“Your admission that Bush’s policies, the same ones Romney wants to reignite and go further with, were bad policies.” – And the same ones Obama have extended might I add.

But, yes you’re correct. Your point?

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Brosephus — “Be careful with quoting P-Funk. I just found out there is an anti-White mantra all over this blog. I don’t want you hatin’ yourself.”

Nothin’ but love, okay?

I don’t know how big a hit the Atomic Dog was for George Clinton, but it got the hell played out of it at parties when I was still in college. And nobody asked if Mr. Clinton was black or white.

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“I’m am still not sure how anyone opposed to bush and his policies can be in favor of Obama, unless you are basing it on something other than policies and job performance??”

I believe that some of Obama’s “support” comes in the form of NOT supporting a candidate who surrounds himself with the very same folks who advised Bush, who comes from a party that can’t even acknowledge the Bushdrunk years, and who advocate for the same policies that drove us off the cliff to begin with…

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Jay,

You are simply wrong. You are discussing the RATE of increase and not the AMOUNT of debt. Gordon’s point is that the baseline of spending was established during “emergency” bills like TARP and the stimulus. The bottom line is that Obama has FOUR succesive TRILLION dollar deficits with no plan or budget on how to pay the debt down.No amount of lipstick applied to that pig will make her acceptable to the American public despite what Debbie Wasserman Schultz says. Obama has been in charge of the weakest recovery (out of 11) in 60 years according to an op-ed piece by Harvey Golub in the WSJ. Uncertainty about the cost of Obamacare, tax increases on both individuals and businesses, a hostile business approach to business, and a focus on wealth redistribution has created an environment of mediocrity that prevents people from investing in the future. The fact that we have had a 0% Fed funds target for three years and GDP is growing at less than 2% is really embarrasing for Obama. The true test of the administration is not how much he spent, but how he spent it. His so-called investments have been dismal failures. I am sure someone will say that handing over ownership of GM to the UAW at taxpayer expense was a great success, but at some point the American public is going to get sick of paying for projects that merely line the pockets of Obama campaign supporters.

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Unhinged…

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Obama has been in charge of the weakest recovery (out of 11) in 60 years according to an op-ed piece by Harvey Golub in the WSJ.

11 what?

Recessions?

How many of those recessions were credit based?

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O is O — “You are simply wrong. You are discussing the RATE of increase and not the AMOUNT of debt.”

And yet that has been PRECISELY the defense offered up by Republican lawmakers for their deficit spending FOR YEARS.

Suddenly you decide that it’s an excuse, not a defense? So where were you during the Bush administration, when Dick Cheney was saying the SAME DAMN THING?

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Peadawg: And the same ones Obama have extended might I add.

But, yes you’re correct. Your point?

That Romney would love to continue and expand bad policies. Obama has ended some, diminished others, and kept others in place. You seem to argue he is deliberately doing all of the above. I don’t think so. But even if true, who’s doing the better job? The guy who partially ends bad policy, or the guy who wants to make things even worse? THAT is my point.

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How in the world do you think they can get a deal to stop the drastic cuts to bring us back to a recession (the cbo warns) or balance our budget if the gop can’t compromise?

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wow this will make repubs angry

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ajc should have a wingnut email cut-n-paste blog.

and while you’re at it, ajc, just go ahead & print/post the transcripts from
the AM radio shows. It saves a lot of typing.

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Brosephus — “Most people only know Clinton for Atomic Dog as I think that was the first song he had that charted on all charts, but he’s a living legend in the hood.”

I’ve actually seen Mr. Clinton speak in public, but I’ve (regrettably) never seen him or P-Funk play live. I hear their live shows give you your money’s worth, tho.

FWIW, I actually knew who Bootsy Collins was *long* before I knew who George Clinton was. Collins is a legendary bassist who’s well known across many pop genres.

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Obama the most incompetent president since Ike George (W)orst Ever Bush…

Own it joe, you voted for him.

Twice.

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joe — “Obama the most incompetent president since Ike”

Give me all the Eisenhower incompetence you’ve got, then.

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Peter
May 23rd, 2012
9:56 am

Then point to me which Bush programs Obama has cancelled which spending cuts has he made.

Since your argument is it was all done to prevent… Then since both have spent at around the same rate, what was it Obama cut in order to increase the spending he needed to. Unles your argument is just BS. Seems you like you some 3rd term of Bush!

Adam
May 23rd, 2012
9:57 am

So you support Obama because he carries on the Bush policies, spending and tax cuts.
But you oppose his opponent because he says he will continue those policies you claim?

Look words are one thing but Obama’s actions are different from his words. Maybe you believe words and not actions

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Obama the most incompetent president since Ike

Right! He should imitate Ike by restoring the Top tax rate to 91%.

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Jay, Are you referring to the budgets Obama submitted that were voted down without even a single democrat vote? By the way, it was probably easier to increase spending during Reagan’s economy because of the job creation and growth during that era.

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“Oh, so that’s all he did? The rest were vacation days?” LOL wut?

“Ok, really getting back to work now.” – You must be under the misconception that you can tell me what to do. Bless your heart.

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JHM

I learned Bootsy’s name from playing with George. Going back and reading up on his history, you find that he and his brother, Catfish, were responsible for James Brown’s sound in the early 70’s and were part of the original “JB’s”.

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Obama is Over
You are simply wrong. You are discussing the RATE of increase and not the AMOUNT of debt.”

Translation: the facts don’t support what I want to think so they’re wrong. The facts that I want to believe are amounts not discounted (adjusted for time, a dollar today is worth a different amount than a dollar 40 years ago), with no consideration for the fact that amounts include mandated programs in place for decades.

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St. Simons @ 10:18

True…. Can’t argue that.

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Typical misleading nonsense. Relative to the size of the economy, spending has gone way up. As well, one of the tricks the leftists have learned is to have the cost of their mandates absorbed by the private sector, rather than the government sector. Thus, they’re able to greatly increase the size and scope of government, all the while claiming that government spending has not gone up.

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If you read Obama’s healthcare debacle, you’ll see that his attempt to make everything “fair”, is going to be paid for by those who don’t rely on handouts. He doesn’t care about spending or not spending, he only cares about burnishing his image. Our host has said that my opinion is based on a pre-conceived bias. And he’s right; I have never liked a party that gets elected with promises of eliminating inequities.

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Mark in Midtown – “Typical misleading nonsense.”

What do you expect from the WSJ, it’s the Republican bible.

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Mark in midtown

“Relative to the size of the economy, spending has gone way up.”

If spending is within a percent or so for a few years, yet it’s up relative to the size of the economy, is spending really up or has the economy shrunk?

sheesh -

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IMHO the bottom line is this country has a debt problem that needs to be fixed. We could aruge all day about who or what is to blame, but that really does not matter. The task at hand is to fix the issue and stop spending more than we have coming in. It is past time for our elected officials to put aside politics and get busy working together to fix the issue.

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JHM

Yeah. Most of the JB’s went back and forth. Maceo, Fred Wesley, and a few others went back and forth between the JB’s, Parliament, and Funkadelic.

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Jay,

The problem with the whole article is that they include the $700 billion for TARP. This was a 1 time payment and most of this money was paid back with interest to the Federal government. So when you take out the TARP payments and then look at the budget the writers numbers are skewed way down. The Bush budget, minus TARP and other one time payments, was $2.9 trillion. According to the article Obama’s budget for this year is $3,58 trillion dollars. This is way more then a 1.4% increase.

It appears to me that the one time TARP payment and the stimulus has been added into the day to day budgets.

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From the Center

“We could aruge all day about who or what is to blame, but that really does not matter.”

Must politely disagree.

If we don’t know the who what where when and why of somethin we might just do it again.

Do YOU want to make the same mistakes over again?

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“Under this system deficit, debt, balance of payments do not matter.” Someone tell this to S&P.

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I keep reading Jay saying conservative wont accept facts. If it comes from a liberals there are not facts because the information has been skewed to a desired effect. Liberals and facts are not plausible.

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JHM

My only regret in life is one that I had no control over. I wish I could have been born earlier so that I could have had the opportunity to witness P-Funk live when they were at their best. Seeing it on video is pretty cool, but I can’t imagine that experience is remotely anywhere near as wild as being there in person.

——————————

The problem with the whole article is that they include the $700 billion for TARP. This was a 1 time payment and most of this money was paid back with interest to the Federal government.

The stimulus was also one time spending, are you suggesting that not be counted against Obama??? I always thought that government spending was government spending. TARP was government spending, was it not?

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JHM, Bro and Jam

http://www.youtube.com/watch?v=AHdZmREV2RQ

Now I’m off for my run

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If it comes from a liberals there are not facts because the information has been skewed to a desired effect.

The Rupert Murdoch owned WSJ is liberal?

Who knew?

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Jack, Paul, Brosephus,

I have less criticism for Obama for the deficits that have occurred on his watch than most people, even though I am a conservative. On the other hand, I’m not going to praise him or pretend that he is a frugal president since he started from such a high point of spending meant to deal with an emergency situation. Calling him frugal is downright absurd.

My criticism of Obama is the total lack of leadership in controlling spending. He is doing next to nothing to solve the greatest problem facing out country. Whether or not you raise taxes, and whether or not you believe raising taxes will hurt this weak recovery, you are not going to come close to solving our financial problems without entitlement reform. Not only is Obama not doing that, he is proposing massive new spending (see the 9:48 post). He isn’t leading to solve a problem, he is just doing what he always does – proposing more ways to spend money.

We needed a better president than we had in 2008, but we didn’t get one. We need a leader. Things were going to be bad these 4 years no matter who was elected. Any thinking person realizes that. The problem isn’t where we are as much as where we are headed. If you think we are headed to a good place with the policies Obama has in place, I would sure like to know why.

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“The Rupert Murdoch owned WSJ is liberal?”

Liberals sure do not like Rupert Murdoch. He must have earned a lot of money. We know liberals dont like rich folks unless its them…..sick huh.

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How much is Obama worth today? In dollars that is…otherwise worthless.

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Liberals sure do not like Rupert Murdoch. He must have earned a lot of money. We know liberals dont like rich folks unless its them…..sick huh.

D

E

F

L

E

C

T

I

O

N.

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The cat,

Are you saying willard is lying?

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Gordon

I scrolled over that 9:48 post, and when I went back, I scrolled it again. Wanna know why? Our economy is supported by an overwhelmingly majority of consumption. If we don’t have consumption, our economy tanks. I would LOVE for that consumption to come from the private sector and the people. However, we have corporations and people scared sh*tless to spend a dime now. Who does that leave to prop up the economy until people get the testicular fortitude to resume consumption that we need to grow?

I don’t like government spending any more than most other people. However, if given the choice between a long, drawn out depression because the people who have the money refuse to allocate it or spend it or having the government temporarily prop up the economy by trying to maintain that consumption that we need, guess what my choice will be? When the people who have the money start to put it back into the economy instead of their pockets, we won’t need the government to spend for us.

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That the federal spending needs to be about $2.2 trillion a year. Grow a pair and make some tough decisions, don’t expand the size of the government, reduce it. Or raise taxes 50% ON EVERYTHING YOU EARN AND CONSUME.

I think I like the former.

So while Rome is burning and President Obama is fiddling, you want to congratulate our government for ‘only increasing spending by 1.4% annually’? Gosh, we’re Greece Really shooting for the stars, aren’t we?

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“…U.S. can print as many dollars as it wants…Federal Reserve note….
this system, deficit, debt, balance of payments do not matter.”

hell Yessssss, bf. Have you considered accounting as a career?

“the only thing printing money does is devalue the hoarded amount.”
–me, I said that.

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Ooooo ……….. I bet you libs. are getting nervous !

“Poll: Romney now leads in crucial state”

“Mitt Romney has now taken a 6-point lead over Obama in the battleground state of Florida.”

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Kammie:

Continuing ……………….

The Afgan’s did not defeat the Russians. We did with our S.F. support and high tech weapons provided to them.

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scout,

mccain was up by 10 so I will be worried if we lose the poll in November because of the gop performance last time they won.

I would prepare for another collapse.

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Has Romney commented on this yet?

Headline: Errant golf ball knocks out motorcyclist’s teeth…

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“Whether or not you raise taxes, and whether or not you believe raising taxes will hurt this weak recovery, you are not going to come close to solving our financial problems without entitlement reform.”
=============================================

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Lord Help Us:

Times change …………. Kind of like we helped the Russians defeat Germany ?

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Broshphus,

“Growing our way out of this” is an argument that just doesn’t hack it. Republicans use that argument when they suggest cutting taxes. While it (growing economy, not cutting taxes) will certainly help, there is no way we can grow or tax our way out of the fact that we are borrowing 40 cents for every dollar we spend. We borrow the entire cost of running the government at this point (excluding servicing the debt and entitlements).

Our debt is the sign of our financial irresponsibility of the past. Our deficit is the sign of our financial irresponsibility of the present. Unfunded liabilities, especially in Medicare, are the sign of our financial irresponsibility of the future.

The first step is to stop pretending there is an easy way out, like growing or rasing taxes. We must face the fact our spending is out of control, and if we don’t we will deeply regret it.

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More “Arab Spring”:

Translation: If you go to Egypt don’t whine and call back here if you have a problem ……… unless you call the White House to thank them for this “Arab Spring” !

CAIRO — “Parts of the ring road encircling this capital are dangerous no man’s lands, unsafe to drive on, by day or night. Kidnappings and bank robberies are common around the city. And women report sexual assaults by taxi drivers, even in broad daylight.

On the eve of the vote to choose Egypt’s first president since the ouster of Hosni Mubarak, this pervasive lawlessness is the biggest change in daily life since the revolution and the most salient issue in the presidential race. Random, violent crime was almost unheard-of when the police state was strong.”

http://www.nytimes.com/2012/05/23/world/middleeast/on-eve-of-historic-egyptian-vote-crime-wave-is-the-main-topic.html?_r=1

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Jack – “I have never liked a party that gets elected with promises of eliminating inequities. the concept of justice, of any kind.”

Liberals and facts are not plausible.

Ironic and laughable, huh?

Given who exactly that claim is coming from…

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This is how nervous us libs are:

NATIONAL (ABC/Washington Post): Obama d. Romney (49-46)
NATIONAL (Gallup Tracking): Obama tied with Romney (46-46)

NATIONAL (NBC/WSJ): Obama d. Romney (47-43)

NATIONAL (PPP for Daily Kos/SEIU): Obama d. Romney (47-46)

NATIONAL (Rasmussen Tracking): Obama d. Romney (46-44)

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they live in a political Holo-deck in which imagination creates “reality”.

It’s safe in there, Jay, dontcha know?

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‘Times change …………. Kind of like we helped the Russians defeat Germany ?’

Yea, who’d a ever thought that arming and training Muslim fanatics in the 1980’s was a bad idea…Probably the same geniuses that thought arming and training Saddam Hussein in the 1980’s was smart…

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Will corporate media report this article?

of course not. The number one most-important gotta-read Obama news, per news.google, apparently, is that apparently a some folks voted for “not the ni*CLANG!*” in a coupla states yesterday.

http://content.usatoday.com/communities/theoval/post/2012/05/obama-again-struggles-in-southern-primaries/1#.T7z9-lKD_g0

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Neocons sure do love Rupert Murdoch. He and his gang must have committed quite a few crimes…

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Gordon

Growing the economy will enable us to cut spending, correct? If we cut spending now, we potentially put us right back into recession (check European austerity efforts). Growing the economy first helps us start an upward spiral that makes it far easier to cut government spending without adversely affecting our growth.

If you think I’m saying that all we need to do is grow the economy, then you’re not understanding what I’m saying. What I am trying to communicate though, is that simply cutting spending won’t do any good without private sector spending replacing it. If you know otherwise, please share your knowledge.

We must face the fact our spending is out of control, and if we don’t we will deeply regret it.

Did you not even understand what I posted? Did I not say that I preferred spending to be in the private sector? As a last resort, I have no problem with the government stepping in to prop things up. Nowhere did I say that I thought that government should always spend and spend and spend. Read what I said, and not what you THINK I meant.

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No but Obama did because the golf ball was white and the motorcyclist was black.

BTW, corporal, the cleaners called. Your sheets are ready…

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“Shakil Afridi, a Pakistani doctor who helped US track down Al Qaeda chief Usama bin Laden and verify his compound location, is convicted of high treason and sentenced to 33 years in prison.”

Thanks for taking care of him El Jeffe !

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dB

You’re feeding into the blog’s anti-White mantra talking like that.

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JamVet:

“Sticks and stones may break my bones but (your) words will never harm me.”

Is there something you wish to debate ?

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Our most godly member is on a roll today…

Like I said… unhinged…

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yuzeyurbrane

“I don’t care. He was born in Kenya, you know.”

Nope. All the evidence points to Hawaii. Doesn’t matter anyway, as his mother was an American.

Now ……………….

Since his brochure showed him as being born in Kenya up until 2007, I would like to know how he registered as a student at Columbia and Harvard. As a foreign student?

The statue of limitations is long gone but that would be fraud “if” it happened and would certainly go to his character. Just release those records Mr. Obama and we can clear this up in a day.

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Has Romney commented on this yet?

Headline: Man Ticketed for Dropping Money on Ground…

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Expanding the war in Afganistan is about the only thing the President has done bad/wrong since he became the President. All blame is just the GOP’s mo to keep their power base.

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Elizabeth,

First of all, under Clinton we did not balance the budget because we didn’t (and still don’t) take into account the unfunded liabilities that entitlements create. For example, if the company you work for has a retirement plan, it must book that as a current liability. The government does not do this. It is true for a short time we took in as much as we sent out for a given year, but the government is on the hook for future costs that are accruing.

Second, the GROWTH of entitlement spending is the issue. It is growing at a much faster rate than our economy. This causes debt, which generates interest payments, which is a multiplier effect.

All you really need to do is look at what we are spending as a percentage of GDP now, projected 10 years from now, and 50 years from now. The numbers speak for themselves. The cost of the war is small in comparison (in financial terms).

By the way, Clinton had a Republican Congress the last 6 years of his presidency. One of the things they initiated was welfare reform. They get no credit for the “balanced” budget right? Also, the dot com bubble was during the second half of Clinton’s presidency. That had nothing to do with a “balanced” budget either, did it?

Republicans have their myths, and so do Democrats.

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0311etc.-convince me to vote for Romney. Do you folks have anything?

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0311 — “Ooooo ……….. I bet you libs. are getting nervous !”

Why?

“Mitt Romney has now taken a 6-point lead over Obama in the battleground state of Florida.”

I’ve told you before, Obama doesn’t *need* FL to win. And Romney would have to take MANY states that aren’t currently in his column in order to win the Presidency. I’m not worried at all.

http://www.electoral-vote.com/

I’d be pleased for Obama to win FL, and I’m sure he’d like to win it, but it’s not necessary for him to take FL in order to win re-election. The electoral math still strongly favors Obama.

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JamVet

You’re adding to the anti-White mantra here… Just thought I’d point that out. It’s oozing out of the pores here.

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Any Republicans shown up with data and an ability to discuss it honestly.

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“If everyone is thinking alike, then somebody isn’t thinking.”

George Patton

Perfectly describes the present Republican party.

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“What I am trying to communicate though, is that simply cutting spending won’t do any good without private sector spending replacing it. If you know otherwise, please share your knowledge.”

What I am saying is that our spending is out of alignment with what we produce. What we produce will not increase enough to satify our current or projected spending. Therefore spending must be reduced. We will have to get by on less. When a family is spending too much, they must ultimately live in a smaller house, have fewer cars, send the kids to less expensive colleges, etc.

When a government is in the same position, it must ultimately cover less in its medical plan, raise retirement ages for its old age plan, made do with a smaller defense, and try to raise more revenue through higher taxes.

That’s all I’m saying. There is no easy way out. Get used to that idea.

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Is the WSJ mutating into a truth rag?
Will wonders never cease??

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What’s it like in the Conservative alternate reality bubble?

Everyone is white (umm, European white, that is!)?
Everyone is upper class?
No one asks for taxes and no one pays taxes?
Everyone is Protestant?

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I guess if we could apply all the tax payer money Obama and his wife have spent on vacations to our national debt it would lower it a lot .Of course they call it business but we know better. It is called monkey business.

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jamvet understands racial stereotyping…….now that is funny.

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JamVet:

I’ll play just once.

Why are you such a reverse racist ?

Why do you hate white people?

Why do you think the President should make a statment when a white person assaults a black person but not the other way around?

Did you parents bring you up that way?

Have you ever sought professional help?

Have you ever been willing to give your life for a white buddy like I was willing for my black buddies ?

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SfD — “Reminder to self: legally change middle name to “RaceTraitor”.

Aw, now I have to figure out another one. Maybe “MudPerson” will work.

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Credit Rating companies
generate opinions, usually
based on past performance.
When they generate opinion
based on speculation they
are usually not as accurate as the local weather man.
In the case of S&P downgrade of U.S. like
a fly on an elephants butt
trying to predict what he
will have for breakfast by
tasting his poop.

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Kammie:

You walked right into it again ……………….

WAR IS SWEET FOR THE INEXPERIENCED !

By the way, I hope you haven’t shot yourself in the foot yet with that pistol you bought.

Do you libs. out there know that Kammie bought a pistol !!!!! ????

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Mighty-your turn. convince me to vote for Romney.

This is very telling isn’t it that 3 of the posters on here cannot give me a specific reason to vote for Romney other than

but but but Obama??????

Posers one and all.

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America had “entitlements” under Clinton, yet Clinton ended his administration with a surplus, not a deficit.

Boomers weren’t retiring under Clinton.

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“Then you move on.”

Bye

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M. Righty — “Forget playing with the numbers and redefining what they mean; just look at our debt. We owe more than when he took office. He is the reason.”

Reagan tripled our national debt during his time in office. Did you say anything then?

The elder Bush added significantly to our debt during his term, which included Desert Storm and Just Cause. Did you complain about that?

The younger Bush added about the same amount to our debt as Obama has. Yet we never hear you complain about that.

“Think, think for a minute. If anything in this artiocle were true, if Obama was in fact the most frugal of all presidents, why has it taken the looney left three years to come up with this argument?”

Because the fact that Republicans are JUST AS BAD AS DEMOCRATS when it comes to deficit spending hasn’t penetrated your thick farking SKULL in those three years, that’s why. You and your party are hypocrites on deficit spending, and not a man-jack among you has the stones to man up and admit it.

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Credit Rating companies
generate opinions, usually
based on past performance.
When they generate opinion
based on speculation they
are usually not as accurate as the local weather man.

When their opinions are based on getting paid for it, they are prostitutes.

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0311 — “Do you libs. out there know that Kammie bought a pistol !!!!! ????”

Yes, and they know that I own firearms too.

Your stereotype’s family called, and the funeral was 20 years ago.

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Good call, corporal!

If I were you – with your dozens and dozens of documented, racially obsessed rants here – I too would not get anywhere near answering any of those questions, either!

But your buddy, the faux plumber doesn’t seem to mind your bizarre obsession with black on white crime.

Maybe he was a victim, too?

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“Scouty and his stick-in-the-mud homophobes are down to 39 percent and droppin’ like a rock.”

Of course polls where people actually go and vote tell a much different story.

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Donovan — “your Josef Goebbels Democrat style of propaganda.”

You Godwinned the thread, so Jay wins, Champ.

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Uncle Samantha,

Well you know how the lib’s like to take propaganda and reference it as fact.

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His energy policy has more than doubled the cost of energy which effects the price of everything.

Made up out of thin air nonsense…

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“I like your Christ, I do not like your Christians. Your Christians are so unlike your Christ.”
Gandhi

How fitting is that for some on this blog?

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Why can’t you Cons get angry about this kind of reporting on Obama?
http://www.salon.com/2012/05/23/wh_leaks_for_propaganda_film/

Ya’ll grasp at the wrong straws.

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White Normal and Black Bro (LOL!), back at ya’s…

Talkin’ about your outside
Talkin’ about your insides too

http://www.youtube.com/watch?v=jaLS9qiLxIU

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“I know that you probably won’t follow my advice, but open your minds to other opposing comments for a change. ”

Might be time for you to look in the mirror as you reread your post and start doing the same

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“I don’t know what kind of history book learnin’ you got in school, but the America I learned about doesn’t put people’s civil rights up for a vote.”

Joe, homosexuality and same sex marriage isn’t a civil right and that why it’s gone to the voters where it’s been rejected in 32 states. You can count on it.

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So you fake conservatives are gonna nominate another………… fake conservative?

What the hell is the matter with you people?

Newt AND Michelle said they would get gas down to $2.50 a gallon and you rubes tossed them to the curb like last week’s leftovers and went ahead with the northeastern socialist Flip as your candidate???

Joseph McCarty would throw you candyasses right out of the GOP…

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jamvet

Did you catch mick jagger on saturday night live the other night? All three of his songs kicked arse! Especially the little blues number with jeff beck about romney – incredible!!!

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ay

May 23rd, 2012
10:47 am

td, I understand that theory, but here’s where it falls apart:

Essentially, you’re saying that we shouldn’t count TARP because it was a one-time emergency response to a crisis. On the other hand, we SHOULD count the Obama stimulus, the auto bailout and the recession-driven safety net spending, which are ALSO one-time emergency responses to the crisis?

Here is the problem Jay. In the case of TARP, one could argue that the pay back from the banks paid for the stimulus (about the same amount of money).

I will buy your argument that we have these crisis measures. The Administration has been telling us that the crisis is now over so these payments should also be over right? The problem is the Administration and the Democratic party has not proposed cutting this spending and when the Republicans budget (Paul Ryan’s) wants to take us back to the spending levels pre 2007 all I hear is Republicans are attempting to starve children and kill all safety nets.

The Dems can not have it both ways.

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Thank goodness he has a GOP dominated House keeping him from doing what he wants to do.

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td-you are being asked to come over to galloway’s blog.

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Jimmy62-you are the 4th person on this blog I have asked to convince me to vote for Romney. Got anything?

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uh- revenue- expenses= net income or loss
to the extent one has a net loss it must be funded by equity or debt
tax receipts are down
far right says lower taxes and create more taxable income
far left says raise taxes on the wealthy and corporations

thanks Bookman- what next, a blog on steroid use by the Raiders in the 70s?

CBS News) The National Debt has now increased more during President Obama’s three years and two months in office than it did during 8 years of the George W. Bush presidency.

The Debt rose $4.899 trillion during the two terms of the Bush presidency. It has now gone up $4.939 trillion since President Obama took office.

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Mick,

I’m SO TICKED! I never watch SNL, but put it on to see Mick Jagger, and promptly fell asleep. I awoke briefly during one of the songs, then tanked again. D’OH!

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“If this is what the SCOTUS ultimately rules then we are a nation of laws and that’s that.”

On abortion as well?

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Well aint that something :

Yes ……….. you are correct ………. it is called “faith”.

“For without FAITH (emphasis added) it is impossible to please God.” Hebrews 11:6

Thanks for your polite exchange.

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0311/8541/5811/1811/1801

May 23rd, 2012
12:01 pm

It’s no wonder you are a Republican, you’re a believer in myths…Pope B. T. Barnum said it best…”There’s a sucker born every minute…”

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Sorry, Cons but your chosen led is no longer a Christian, he is a Mormon.

You must accept your choices in life. It is called “personal responsibility”.

I want to see posts from ex-christians espousing the Mormon way of truth.

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Well aint that something :

On anything ! The law is the law or do you wish to live under anarchy ?

However, under the Constitution we are also still FREE to work to change rulings ………. via Constitutional Amendment.

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OBAMA- THE VENTURE CAPITALIST
wants us to work for SOLYNDRA, SPECTRAWATT, ENER1
ALL BANKRUPT

ROMNEY-THE VENTURE CAPITALIST
wants us to work for STAPLES, SPORTS AUTHORITY, SEALY, DOMINOS PIZZA
all making PROFIT

WHO DO YOU WANT CREATING YOUR JOB?

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“The fact that we are here today to debate raising America ’s debt limit is a sign of leadership failure. It is a sign that the US Government cannot pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government’s reckless fiscal policies. Increasing America ’s debt weakens us domestically and internationally. Leadership means that “…the buck stops here.” Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership. Americans deserve better.
~ Senator Barack H. Obama, March 2006

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Gordon, 11:24 am

“Republicans have their myths, and so do Democrats.”
===================================

First of all, my name is Mary Elizabeth. Please call me by my given name.

Second, I never said we do not need some entitlement reform. I have said that the “game plan” of the Bush administration was to drive up deficits so much that “entitlements” would be perceived as being necessary to be dismantled – and Paul Krugman affirmed this on 2/22/10.

Do you recall the “starve the beast” of government mantra of the past two or three decades? And that pursuit is still going on, relentlessly, and ruthlessly, and stealthily, as demonstrated in these ideologues attempts even to dismantle public education, which has hurt thousands of children across this nation by depleting public funds from public education (even before the Recession).

This is not a question to me of “me vs. thee” or “Democrats vs. Republicans.” It is a matter of what is truth and what values are important.

As I said in a previous post, today.
—————————————

“Deliberately driving up deficits.

Deliberately starting the Iraq War (from where the U.S. was not attacked.)

What kind of people do these things with their power?”
——————————————————

That is the truth all Americans should question – beyond their partisan identification. All Americans should be incensed about what has been done to them. We may disagree about the value of entitlements or not. That debate is and should be up for public discussion, as an example of a healthy American process of democracy in action. But to steathily drive up deficits (and to hurt this country and its people, by doing so, in order to fulfill an ideological agenda) is shameful – and it should be called out as such by all the American people. Furthermore, starting a war in which thousands of people – Americans and Iraqis – were either maimed or killed should, also, be called out as wrong by the American people. And that war cost American taxpayers trillions of dollars. The Bush administration ruled by fear, and as a result of that climate, citizens, and even most of the media, were fearful of calling out what was going on in that administration.

However you may align all of the details, the bottom line is that at the end of the Clinton administration there was a surplus in our nation – even with the so-called entitlements. That stands as fact. Entitlements should be adjusted to accommodate incoming revenue but those public programs should not be dismantled for private markets, imo. We can begin by returning tax rates back to those of the Clinton era, when the timing is feasible economically to do so. In addition, the rigid ideologues must stop their ideological compulsion to destroy FDR’s vision for our nation of certain human rights for all. The biggest “takers” of using the government (with its public tax money) have been those who have used the government’s resources to finance their own personal financial interests, hidden from the open view of all citizens. Many of these same people have attempted to destroy social programs for the less fortunate, who could benefit from these social programs to secure their upward mobility, as many did through the GI Bill after WWII.

This nation does not need to become like South American countries, where there is a strong dichotomy between the upper classes and the lower classes. America needs a return to a stronger middle class, which will benefit all. That is what Jefferson had in mind.

Read the book, “Family of Secrets,” for facts that will open your eyes to much of what I have written in this post. http://www.familyofsecrets.com

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T. Cat — “I would prefer my salary to be over minimum wage uncle sam but nice try.”

What the feline said. ^^^^^^

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but to concentrate in one area and not the other is just plain wrong.

Then why do you do that VERY thing???

I have never once seen you post a link about white on black crime.

NOT ONE TIME. EVER.

Am I wrong?