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Old 07-15-2008, 02:45 PM
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Originally Posted by siddhartha View Post
The blog article talks about .6 billion for a year vs. 10 billion a month in Iraq.

The amount of money wasted and stolen in Iraq in a month dwarfs the number quoted THAT WILL BE SPENT IN OUR COUNTRY ON OUR PEOPLE!!!! What a concept.

Eight years of runaway wasteful spending by Republican AND NOW they get religion?? Great timing hypocrites.

85% of our total federal debt was rung up under Republican leadership.
No, that debt was rung up under the Roosevelt and Johnson Administrations, in giveaways, and is now being paid out under Bush.

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Originally Posted by siddhartha View Post
Those tax cuts they say they give you aren't tax cuts, they're IOU's - or maybe they should be called UOU's!

Explain how people keeping more of their their own money is an IOU...

Btw, revenues went up after the tax cuts, so why are you against more federal revenue for the poor?
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  #22 (permalink)  
Old 07-16-2008, 04:38 AM
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No, that debt was rung up under the Roosevelt and Johnson Administrations, in giveaways, and is now being paid out under Bush.




Explain how people keeping more of their their own money is an IOU...

Btw, revenues went up after the tax cuts, so why are you against more federal revenue for the poor?
Your shocking (or willful) ignorance of how things work is a great illustration of why we find ourselves in the mess we have today - and why we need new, more intelligent, leadership.

When you have a bill - YOUR bill - and you choose to pay it with a credit card - the resulting debt is YOUR debt - that you will have to pay someday with YOUR money. People are keeping more of their money TODAY rather than paying their debt TODAY. It will have to be paid - plus interest - tomorrow.

Revenues increased at a pace less than before.

Accountability. That's an important conservative value, isn't it? Bush, Bush and Reagan own the vast majority of the responsibility for our federal debt.
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Old 07-16-2008, 06:28 AM
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Accountability. That's an important conservative value, isn't it? Bush, Bush and Reagan own the vast majority of the responsibility for our federal debt.
Got any factual information to back that up, or are we just shooting from the hip again?

Back to the OP though, we're talking about spending, not the national debt and like I've already explained once already, spending bills and the earmarks that accompany them can only originate in the House, so pinning the blame of federal spending on any President illustrates your ignorance about how spending bills originate and get passed into law.


Federal spending has increased EVERY SINGLE year regardless of which party was in charge of congress:




You lefties are right about one thing though, the Bush Admin with a republican congress are the biggest culprits of all time, but don't get all high and mighty yet, no ones hands are clean.



One last chart for those of you that don't think that "Universal Health Care" will be expensive, lets just take a look at how spending on Medicare and Medicaid has changed:

This figure is shown as a % of GDP.

IF federal spending doesn't get reigned in this country is headed down a road of fiscal disaster and the only way to get these politicians in check is to make them fear for their jobs. Right now they think they can spend you money better than you can, in fact they don't even see it as your money which is why they don't think twice about wasting it on crap you may never get to use like:

Quote:
The Congressional Pig Book is CAGW's annual compilation of the pork-barrel projects in the federal budget. The 2008 Pig Book identified 11,610 projects at a cost of $17.2 billion in the 12 Appropriations Acts for fiscal 2008.
This list shows the biggest spenders in the House by dollar amount. This is the same list except for the Senate.

Lastly here is a listof the big oinkers for 2k8 and I'll cite a couple of examples.

Quote:
Representative Mike Thompson (D-Calif.) for $211,509 in olive fruit fly research in Paris, France.
Quote:
Representative John Murtha (D-Pa.) for $23 million for the National Drug Intelligence Center.
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Montana Senators Max Baucaus (D) and Jon Tester (D) for $148,950 for the
Montana Sheep Institute.
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Old 07-16-2008, 01:02 PM
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Two people spend a hundred dollars.
One uses cash.
The other uses credit.
One is responsible, the other is not.

When you are comparing spenders you look at DEFICIT SPENDING. Presidents who spent more than they brought in:
1 FDR
2 BUSH
3 BUSH
4 Reagan

85% of the federal debt belongs to 2.3. & 4. CBO historical budget data. Look it up and bring you calculator.

Clinton is at the BOTTOM of the list. He spent alot of money - he also brought in alot of money and had a balanced budget.

The spending process begins and ends with the President. He sets the agenda by submitting a budget by the first Monday in February. He then has the ability to veto what Congress gives him.

The buck stops at the top.
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Old 07-16-2008, 01:15 PM
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Originally Posted by siddhartha View Post
Two people spend a hundred dollars.
One uses cash.
The other uses credit.
One is responsible, the other is not.
If somehow you've gotten the impression that I'm in anyway, shape or form in favor of the spending policies of the current administration, you've reached this conclusion in error.

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When you are comparing spenders you look at DEFICIT SPENDING.
So we're going to make our decisions and form our opinoins based on whatever statistics show us what we want to see?

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85% of the federal debt belongs to 2.3. & 4.
Post the link I'll check it out.

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Clinton is at the BOTTOM of the list. He spent alot of money - he also brought in alot of money and had a balanced budget.
Yup, a fact that I've long praised him for.
Quote:
The spending process begins and ends with the President. He sets the agenda by submitting a budget by the first Monday in February.
Then the agenda gets scraped and if he wants to get any of the funds he asked for then he's in a position where he must sign what they give him or be stuck in a deadlock, but again, the current admin likes spending our money more than any other in history, but we've covered this already.
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