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Calif Bill Calif Bill is offline
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First recorded activity by BoatBanter: Jul 2006
Posts: 4,727
Default OT Confiscatory taxation


"wf3h" wrote in message
...
On Mar 21, 5:34 pm, BAR wrote:
wf3h wrote:
On Mar 21, 3:48 pm, John H wrote:
On Sat, 21 Mar 2009 12:38:21 -0700 (PDT), wf3h
wrote:


Obama lied, the economy died.


Amen.


let's see....


bush was president for about 2800 days.


obama's been president for 60.


even you should be able to do the math.


$1.2 Trillion in spending above and beyond the normal budgets in less
than 60 days. Obama has set a record for all future Democrat presidents
to strive to beat. Obama has set the extra appropriations spending bar
very high.-


that's for the next year. you don't know about the budget process do
you?

republicans reagan, bush and bush have nearly bankrupted this country.
clinton was the only president in recent history to balance the
budget.

bush starved the middle class to feed his friends at exxon. now we're
paying the price

Clinton did not balance the budget!!! He looked like it, but even worse he
allowed spending to grow a lot more under his watch than it should of. He
was the fortunate recipient of tons of revenue from the Dot.com boom and
then bust. He also was hindered in excess spending for a couple years by
Newt and the Contract with America. Reason that California is bankrupt.
They grew spending and made it permanent during the same dot.com boom. Grew
government 10% a year over the last 8 years. One of the absolute worse
things in Federal government is totally the fault of Democrats and happened
under Carter. That is "BASE LINE BUDGETING"! Who runs a business with a
built in spending inflation of about 13%. The rate of inflation during the
Carter disaster. Is why Congress says they cut spending 5% but the program
still ends up with 8% more money. One of the first two things Obama should
do is lobby to remove Base Line Budgeting. Is a Legislative branch feature
and not an Executive branch feature. And the 2nd thing is to go to court
and get tossed out the court ruling that the Executive branch HAS TO SPEND
all money allocated by the Legislative branch. This says that the Executive
branch has no check on spending. Before Carter, the Executive branch just
did not fund these "earmarks" that Congress passed. Kept the money unspent.