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#1
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posted to rec.boats
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![]() "jps" wrote in message ... On Thu, 07 May 2009 14:47:34 -0400, Tom Francis - SWSports wrote: $17 billion is less than one half of 1% of the entire $3.55 trillion FY10 budget. Bush's economy and keeping two wars off the books didn't help. This is Obama spending. Bush is long gone. Or the democratic leaches going into self denial over this? Obama is bankrupting the USA. Not only has debt grown, government prints/creates it for it's operations. 1/2 the reason the markets have been good in the last month is inflation, not any real gain. |
#2
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posted to rec.boats
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On Thu, 7 May 2009 18:41:17 -0600, "Canuck57" wrote:
"jps" wrote in message .. . On Thu, 07 May 2009 14:47:34 -0400, Tom Francis - SWSports wrote: $17 billion is less than one half of 1% of the entire $3.55 trillion FY10 budget. Bush's economy and keeping two wars off the books didn't help. This is Obama spending. Bush is long gone. Or the democratic leaches going into self denial over this? That's a load of crap. If Obama didn't have to help prevent job losses, the deficit would be a hell of a lot lower. Did you look at the stats on job losses? It was on a worse track than any downturn since the depression. If Bush had actually kept finances for the wars on the books, our deficit would have looked a hell of a lot larger before Obama took office. It's damned funny now that the wars are sitting on the books that "conservatives" are bitching about the deficit. It was Republicans who fostered idea that deficits didn't matter. Obama is bankrupting the USA. Not only has debt grown, government prints/creates it for it's operations. Bush did more to set the country on this course than anything Obama has instituted. Should he just put his hands in his pockets and "let the markets figure it out?" Bull****. |
#3
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posted to rec.boats
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On Thu, 07 May 2009 18:41:17 -0600, Canuck57 wrote:
1/2 the reason the markets have been good in the last month is inflation, not any real gain. Oh please, since the Dow bottomed in mid-March, it has gone up roughly 30%. Are you trying to say the annual inflation rate is 150%, or just 75%? |
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