On Jan 10, 8:59*pm, "Calif Bill" wrote:
wrote in message

t...

On Sat, 10 Jan 2009 17:03:33 -0500, BAR wrote:

I am willing to wait it out. We don't need to go deeper into debt. It is
going to be a little bit painful for some but, that's life.

Now, you're concerned about debt? *Where was all that fiscal conservatism
when the last 3 Republican administrations were piling on the debt?

http://zfacts.com/p/318.html

The last 8 year Democrat administration piled on spending also. *Only
difference is there was the Dot.com boom, that allowed the administration to
overspend without excess borrowing. *Same reason a Democrat controlled Calif
is in deep financial poop. *During the Dot.com boom, they expanded spending,
permanent spending programs, with not permanent money.

The Y2K hoax added a lot to the dot com boom too.. Everyone bought new
computers.. At the same time, the next three years were bust, well,
because everyone already had new computers...