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#1
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posted to rec.boats
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On Mar 22, 6:21*am, "Eisboch" wrote:
"wf3h" wrote in message ... clinton was the only president in recent history to balance the budget. Favorite myth perpetuated by some Democrats, but unfortunately not true. Spending under Clinton increased by almost 30%, but tax revenues increased by 85%. The "deficit" *spending increased in each year of his 8 years in office.. The increased tax revenues where not planned for or expected and served to decrease the deficit of his own budget, particularly in 2000, but did not balance the budget. * The "surplus" was really a reduction of a negative number (that still remained negative) of the yearly budgets. * This is really creative economics at it's best. * It's like saying, "I expected to lose 1000 dollars at the race track, but I only lost 500, so I have a 500 dollar surplus". ROFLMAO and even playing by THOSE crooked rules the GOP managed to sack and pillage the US economy. god how incompetent they are. The increased tax revenues? * They came primarily from the other liberal arch-enemy .... business. and business just got it back. in spades. paid for by the middle class. |
#2
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posted to rec.boats
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wf3h wrote:
On Mar 22, 6:21 am, "Eisboch" wrote: "wf3h" wrote in message ... clinton was the only president in recent history to balance the budget. Favorite myth perpetuated by some Democrats, but unfortunately not true. Spending under Clinton increased by almost 30%, but tax revenues increased by 85%. The "deficit" spending increased in each year of his 8 years in office. The increased tax revenues where not planned for or expected and served to decrease the deficit of his own budget, particularly in 2000, but did not balance the budget. The "surplus" was really a reduction of a negative number (that still remained negative) of the yearly budgets. This is really creative economics at it's best. It's like saying, "I expected to lose 1000 dollars at the race track, but I only lost 500, so I have a 500 dollar surplus". ROFLMAO and even playing by THOSE crooked rules the GOP managed to sack and pillage the US economy. god how incompetent they are. The increased tax revenues? They came primarily from the other liberal arch-enemy .... business. and business just got it back. in spades. paid for by the middle class. Once again, I believe the large players in the financial services industries -stocks, bonds, banks, insurance companies, et cetera- need to be very closely regulated by public agencies AND they all need to be rated regularly by organizations like A.M. Best. The recent debacles in financial services prove there is no reason to trust their financial reports or the reports of their outside auditors. We also need to bust up the big national banks. Too much of our economy is tied up in the hands of too few. We really cannot afford to have banks "too big to be allowed to fail." These huge financial services companies provide no needed public service attributable to their size, compared to the risk to us they impose. And credit swap derivatives? Crikey. |
#3
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posted to rec.boats
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On Mar 22, 8:11*am, HK wrote:
And credit swap derivatives? Crikey.- and we thought creationism was ignorance...CDS make creationism look live the harvard law review |
#4
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posted to rec.boats
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![]() "wf3h" wrote in message ... On Mar 22, 6:21 am, "Eisboch" wrote: The increased tax revenues? They came primarily from the other liberal arch-enemy .... business. and business just got it back. in spades. paid for by the middle class. ------------------------------------ Who authorized that? Eisboch |
#5
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posted to rec.boats
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On Mar 22, 9:18*am, "Eisboch" wrote:
"wf3h" wrote in message ... On Mar 22, 6:21 am, "Eisboch" wrote: The increased tax revenues? They came primarily from the other liberal arch-enemy .... business. and business just got it back. in spades. paid for by the middle class. ------------------------------------ Who authorized that? business leaders did. they flew to washington in their private jets, and said they needed new $6000 umbrella stands because it's what they're used to. |
#6
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posted to rec.boats
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![]() "wf3h" wrote in message ... On Mar 22, 9:18 am, "Eisboch" wrote: "wf3h" wrote in message ... On Mar 22, 6:21 am, "Eisboch" wrote: The increased tax revenues? They came primarily from the other liberal arch-enemy .... business. and business just got it back. in spades. paid for by the middle class. ------------------------------------ Who authorized that? business leaders did. they flew to washington in their private jets, and said they needed new $6000 umbrella stands because it's what they're used to. ---------------------------------------------- Right. No argument. But, who gave them the money? Eisboch |
#7
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posted to rec.boats
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On Mar 22, 9:47*am, "Eisboch" wrote:
"wf3h" wrote in message ... On Mar 22, 9:18 am, "Eisboch" wrote: "wf3h" wrote in message .... On Mar 22, 6:21 am, "Eisboch" wrote: The increased tax revenues? They came primarily from the other liberal arch-enemy .... business. and business just got it back. in spades. paid for by the middle class. ------------------------------------ Who authorized that? business leaders did. they flew to washington in their private jets, and said they needed new $6000 umbrella stands because it's what they're used to. ---------------------------------------------- Right. *No argument. * But, who gave them the money? Eisboch- Hide quoted text - - Show quoted text - the same people who wrote the rules that have crippled the middle class....the best politicians money can buy...been that way for 30 years. at this point what are our options? |
#8
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posted to rec.boats
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![]() "wf3h" wrote in message ... On Mar 22, 9:47 am, "Eisboch" wrote: "wf3h" wrote in message ... On Mar 22, 9:18 am, "Eisboch" wrote: "wf3h" wrote in message ... On Mar 22, 6:21 am, "Eisboch" wrote: The increased tax revenues? They came primarily from the other liberal arch-enemy .... business. and business just got it back. in spades. paid for by the middle class. ------------------------------------ Who authorized that? business leaders did. they flew to washington in their private jets, and said they needed new $6000 umbrella stands because it's what they're used to. ---------------------------------------------- Right. No argument. But, who gave them the money? Eisboch- Hide quoted text - - Show quoted text - the same people who wrote the rules that have crippled the middle class....the best politicians money can buy...been that way for 30 years. at this point what are our options? ---------------------------------- Voting booth. But, as long as the pols promise a pot of gold in every garage, they will be elected. Eisboch |
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