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Obama destroyed the USA with DEBT
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Canuck57[_9_]
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First recorded activity by BoatBanter: Oct 2009
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Obama destroyed the USA with DEBT
On 07/07/2011 3:47 PM,
wrote:
On Thu, 07 Jul 2011 15:39:55 -0600,
wrote:
On 07/07/2011 3:08 PM,
wrote:
On Thu, 07 Jul 2011 14:14:43 -0600,
wrote:
On 07/07/2011 2:02 PM,
wrote:
On Thu, 7 Jul 2011 10:58:08 -0700, "Califbill"
wrote:
"wf3h" wrote in message ...
On Wed, 06 Jul 2011 16:35:27 -0600,
wrote:
On 06/07/2011 4:29 PM, wf3h wrote:
On Wed, 06 Jul 2011 15:43:19 -0600,
wrote:
Too bad Obama didn't study more American history in his formative years.
you just learned how to spell history
too bad you haven't learned how to spell 'klan'
Three fleabaggers in a row. Just a bunch of worthless losers and
leaches. You seem fascinated with your racism and the klan.
yeah you hooded race baiting klan cross burners fascinate me. dont
know why you're so stupid. it's amazing to watch you make the same
mistakes over and over and over...
Reply:
You racist pig. Just because Obama is black to you, he can do no wrong. He
bailed out Wall Street and all his buddies. But did not bail out the home
owners who had loans with those same financial institutions. Then same
financial institutions started foreclosures. Obama and a then Democrat
controlled Congress, has only supported their rich Financial house backers
and their union backers. They have screwed the rest of us. If you do not
think we will have sky high inflation shortly, you are in denial! Obama has
doubled Bush spending. Overspent in 2 years what Bush overspent in 8 years.
Has nothing to do with Obama's color, has to do with a hugely clueless
person at the helm of state. He has no business experience, little real
life experience. President Truman was a failed business owner. So he at
least had an idea of what it took to run a business. Maybe more of an idea
from failure than a successful businessman who just happened to be in the
correct market and time.
TARP happened under Bush... so much for your command of the facts.
TARP was a one time shot of $750 billion..... Obama is already well past
$4 trillion.
Obama bailed out GM. How does that equate to "union" buddies?
There's no evidence of an increase in inflation. That's just
fear-mongering. The only way that would happen at this point is for
the Republicans to refuse to raise the debt ceiling. This is something
that would have no short term effect on the deficit of any
significance, and yet they refuse to end subsidies for big business,
refuse to impose penalties for shipping jobs overseas, and refuse to
raise taxes of about 4% on the very, very wealthy.
So, you're full of it as usual.
Corruption. Union buddies really sold out Americans because the money
really got funneled to Carlyle and Cerberus groups, lots of Saudi and
Bush money there, all signed off by Obama and the Denocrats.
Might want to ask why Obama bailed GM, Bush only gave them $13 billion
at Obama's request to keep them going for Obama to deal with it.
No doubt, Obama likes ****ing away the debt spend.
As usual, you're bereft of facts.
http://www.usgovernmentspending.com/charts
You do have one point there, Ryan does not go near far enough to stop
the economic collapse of the US government.
Ryan is in it to get reelected. That's it. I made no point about him.
I'd suggest some medication for your delusional situation.
The reason I think we haven't heard from congress, is that they know the
system is hopelessly screwed at this point.
Some scary statistics. Revenue from income tax is down 50% from 2006
wehn in 2007 the new democrat congress took over. Yep, US federal
income tax revenue is down to 2/3rds of 2006 in real dollars.
That means household taxable incomes are down even more, as high income
taxed jobs get replaced with low income no tax jobs isn't reflected. So
in fact, 2/3rds less income is a minimum loss of revenue in 2009, 10 and 11.
Yet government spending doubled. Certainly isn't sustainable in
anyones wildest imagination. Obama talk of $2 trillion in 10 years, the
idiot needs $2 trillion a YEAR.
You could confiscate all US billionaires total net worth, and Obama
would still run a deficit at the end of the year and have no income tax
from them in the next year.
Fact is, spending is so far out of control with reality, I am not sure
it is possible to get back on track short of shutting down 75% of the US
government for 5 years AND a tax increase is likely for all Americans.
Pretty bleak economic future for USA. Stagnant or decreasing wages, tax
increases, less services, hyper inflation....
The only things growing in USA today is debt, unemployment and bull****.
--
Now the real war is on Obama-debt, to save America's future.
And do it for your kids sake....and ignore the selfish fleabags...
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