BoatBanter.com

BoatBanter.com (https://www.boatbanter.com/)
-   General (https://www.boatbanter.com/general/)
-   -   What 17 billion will buy you. (https://www.boatbanter.com/general/104685-what-17-billion-will-buy-you.html)

Tom Francis - SWSports May 7th 09 07:47 PM

What 17 billion will buy you.
 
$17 billion is less than one half of 1% of the entire $3.55 trillion
FY10 budget.

Interest costs will be over $172 billion for FY10, or ten times what
the administration is proposing to save.

$17 billion is about 2% of the $787 billion stimulus bill passed on
February.

$17 billion is less than 5% of the interest expense created by the
stimulus bill.

Legislation signed by President Obama has added $422 billion to FY2010
deficit, about 25 times the FY2010 savings proposed in this budget.

The Federal government has already provided up to $173.4 billion in
financial assistance to AIG, or ten times what the administration is
proposing to cut from the budget.

The Federal government has already provided almost $36 billion in TARP
aid to the auto industry, or twice what he administration is proposing
to cut from the budget.

Since President Obama has taken office, total U.S. debt has increased
by over $600 billion. $17 billion is less than 3% of new debt created
during this administration’s first 105 days.

Agencies reported improper payment estimates of $72 billion for fiscal
year 2008 for a select group of programs. This represents about 4
percent of the $1.8 trillion of reported outlays for the related
programs.

jps May 7th 09 07:50 PM

What 17 billion will buy you.
 
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.

Keith nuttle May 7th 09 11:07 PM

What 17 billion will buy you.
 
jps wrote:
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.


Would you explain how deficits that were created by pelosi's democrats
and their pork barrel stimulus package and a budget that has more pie in
the sky project is President Bushes fault?

You will be blaming President Bush when you are standing in the
unemployment line because obama required the the automakers to close the
facility where you worked.

HK May 7th 09 11:09 PM

What 17 billion will buy you.
 
Keith Nuttle wrote:
jps wrote:
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.


Would you explain how deficits that were created by pelosi's democrats
and their pork barrel stimulus package and a budget that has more pie in
the sky project is President Bushes fault?

You will be blaming President Bush when you are standing in the
unemployment line because obama required the the automakers to close the
facility where you worked.



It's perfectly reasonable to blame Bush for the sinkhole we are in now.

jps May 7th 09 11:12 PM

What 17 billion will buy you.
 
On Thu, 07 May 2009 18:07:15 -0400, Keith Nuttle
wrote:

jps wrote:
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.


Would you explain how deficits that were created by pelosi's democrats
and their pork barrel stimulus package and a budget that has more pie in
the sky project is President Bushes fault?

You will be blaming President Bush when you are standing in the
unemployment line because obama required the the automakers to close the
facility where you worked.


I'm a corporate officer and not covered by unemployment.

I think Pelosi should get to ask for 6 more months about 10 times
before you even start asking those questions.

Steve[_9_] May 8th 09 12:59 AM

What 17 billion will buy you.
 

On 7-May-2009, jps wrote:

Bush's economy and keeping two wars off the books didn't help.


Bush was, is and always will be an idiot, but he was also a soft belly
pandering ass kisser.

The U.S. economy is trashed by 1) the filthy government putting trade
agreements into place allowing dumping into the U.S. while preventing
exports to those same countries dumping, and 2) you losers buying the crap.
It is nearly impossible to buy any functional product in the U.S. any more
unless it is from a commercial or industrial supplier.

Bush was a worm, as was the preceding jackass AND the current jackass for
not explaining that to the ignorant masses.

Multiply that by "Americans" not caring, and you have a 3rd world country.
That status is evident everywhere you look. Well, 98% of the places you
look. Might as well quit bitching and adapt. You're screwed for the long
term.

Canuck57[_7_] May 8th 09 01:41 AM

What 17 billion will buy you.
 

"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.



Canuck57[_7_] May 8th 09 01:42 AM

What 17 billion will buy you.
 

"HK" wrote in message
m...
Keith Nuttle wrote:
jps wrote:
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.


Would you explain how deficits that were created by pelosi's democrats
and their pork barrel stimulus package and a budget that has more pie in
the sky project is President Bushes fault?

You will be blaming President Bush when you are standing in the
unemployment line because obama required the the automakers to close the
facility where you worked.



It's perfectly reasonable to blame Bush for the sinkhole we are in now.


And other than playing big spender with a big pork budget, what is he doing
for all of America? Taxing more? The whopper deficit will have to be paid,
or has the government decided to do a GM?



Canuck57[_7_] May 8th 09 01:48 AM

What 17 billion will buy you.
 

"Steve" wrote in message
...

On 7-May-2009, jps wrote:

Bush's economy and keeping two wars off the books didn't help.


Bush was, is and always will be an idiot, but he was also a soft belly
pandering ass kisser.

The U.S. economy is trashed by 1) the filthy government putting trade
agreements into place allowing dumping into the U.S. while preventing
exports to those same countries dumping, and 2) you losers buying the
crap.
It is nearly impossible to buy any functional product in the U.S. any more
unless it is from a commercial or industrial supplier.

Bush was a worm, as was the preceding jackass AND the current jackass for
not explaining that to the ignorant masses.

Multiply that by "Americans" not caring, and you have a 3rd world country.
That status is evident everywhere you look. Well, 98% of the places you
look. Might as well quit bitching and adapt. You're screwed for the long
term.


Actually, is it worth giving a crap any more? I mean seriously?

Even if things get better, Obama is just going to play robbing hood with the
tax system. USA can kiss financial liberty away for what is going on now.
As most people don't realize government is the biggest defunct debter out
there.




jps May 8th 09 02:00 AM

What 17 billion will buy you.
 
On Thu, 7 May 2009 23:59:47 GMT, "Steve"
wrote:


On 7-May-2009, jps wrote:

Bush's economy and keeping two wars off the books didn't help.


Bush was, is and always will be an idiot, but he was also a soft belly
pandering ass kisser.

The U.S. economy is trashed by 1) the filthy government putting trade
agreements into place allowing dumping into the U.S. while preventing
exports to those same countries dumping, and 2) you losers buying the crap.
It is nearly impossible to buy any functional product in the U.S. any more
unless it is from a commercial or industrial supplier.

Bush was a worm, as was the preceding jackass AND the current jackass for
not explaining that to the ignorant masses.

Multiply that by "Americans" not caring, and you have a 3rd world country.
That status is evident everywhere you look. Well, 98% of the places you
look. Might as well quit bitching and adapt. You're screwed for the long
term.


I don't think the current jackass rates as highly on the jackass scale
when compared to the two previous. No need to review Bush. Clinton
did a lot of pandering to the global economic interests. When you're
riding high on an inflated market -- and taxes are rolling in from
short term profits on short term thinking, a lot of water can move
under the bridge while the few who understand the net effect are
drowned out by the irrational, foolish masses.

We've undercut our own industries, work force and failed to make the
investments in our own country. We've failed to incent companies to
keep their workforces here (or disincent them from moving their labor
elsewhere). We haven't made education a priority.

It's pretty depressing but I'd rather think about what can be done
than wallow in pity.

jps May 8th 09 02:08 AM

What 17 billion will buy you.
 
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****.

Steve[_9_] May 8th 09 03:13 AM

What 17 billion will buy you.
 

On 7-May-2009, jps wrote:

Multiply that by "Americans" not caring, and you have a 3rd world
country.
That status is evident everywhere you look. Well, 98% of the places you
look. Might as well quit bitching and adapt. You're screwed for the
long
term.


I don't think the current jackass rates as highly on the jackass scale
when compared to the two previous.


3-way tie - Obama just has the honor of closing the lid of the casket.

No need to review Bush. Clinton
did a lot of pandering to the global economic interests. When you're
riding high on an inflated market -- and taxes are rolling in from
short term profits on short term thinking, a lot of water can move
under the bridge while the few who understand the net effect are
drowned out by the irrational, foolish masses.


Very true, and those few weren't heard.


We've undercut our own industries, work force and failed to make the
investments in our own country. We've failed to incent companies to
keep their workforces here (or disincent them from moving their labor
elsewhere). We haven't made education a priority.


The federal government put into place policies that facilitated dumping
while prohibiting exports. The countries the morons buy their vehicles from
do not permit import of the same (or of anything else.).This has been going
on since the mid 70's. Apathy by the lazy masses results in pervasive "oh
wells" followed by "where's my free stuff?" Alone, the government can't
trash the country. The public could and did.

More money is wasted on "education" in the U.S. than is spent on the
military, and the little darlings are functionally illiterate. I've been an
employer - try to get a high school gradjgeat to find 3 1/4" on a ruler.
Many just walk out.


It's pretty depressing but I'd rather think about what can be done
than wallow in pity.


Pity is instantaneous when tragedy is realized, then the laughter starts.
I'm in the industrial market right now. Last 2 business transactions
involved Turkey and India. The U.S? With the government oppression for the
past 30 years, why would ANYONE produce products in the U.S???? Answer -
they don't, they "git" while the going's good. Employees in the U.S will be,
and are suitable for, mindless retail clerks selling shoddy overpriced junk
to each other in every commodity imaginable.

As long as "Americans" send most of their discretionary income overseas for
autos and every household product, their wages will fall, and they will
eventually live like those in Mumbai. "But all I see are red Chinese
products..whhhhhaaaaaaaaaaaaa...." Don't buy it, the economy would change
in 90 days.

"Americans" are lazy and it will NEVER happen.

It's not pity - it's funny......except for those who are stuck in the U.S.

jps May 8th 09 03:23 AM

What 17 billion will buy you.
 
On Fri, 8 May 2009 02:13:17 GMT, "Steve"
wrote:


On 7-May-2009, jps wrote:

Multiply that by "Americans" not caring, and you have a 3rd world
country.
That status is evident everywhere you look. Well, 98% of the places you
look. Might as well quit bitching and adapt. You're screwed for the
long
term.


I don't think the current jackass rates as highly on the jackass scale
when compared to the two previous.


3-way tie - Obama just has the honor of closing the lid of the casket.

No need to review Bush. Clinton
did a lot of pandering to the global economic interests. When you're
riding high on an inflated market -- and taxes are rolling in from
short term profits on short term thinking, a lot of water can move
under the bridge while the few who understand the net effect are
drowned out by the irrational, foolish masses.


Very true, and those few weren't heard.


We've undercut our own industries, work force and failed to make the
investments in our own country. We've failed to incent companies to
keep their workforces here (or disincent them from moving their labor
elsewhere). We haven't made education a priority.


The federal government put into place policies that facilitated dumping
while prohibiting exports. The countries the morons buy their vehicles from
do not permit import of the same (or of anything else.).This has been going
on since the mid 70's. Apathy by the lazy masses results in pervasive "oh
wells" followed by "where's my free stuff?" Alone, the government can't
trash the country. The public could and did.

More money is wasted on "education" in the U.S. than is spent on the
military, and the little darlings are functionally illiterate. I've been an
employer - try to get a high school gradjgeat to find 3 1/4" on a ruler.
Many just walk out.


It's pretty depressing but I'd rather think about what can be done
than wallow in pity.


Pity is instantaneous when tragedy is realized, then the laughter starts.
I'm in the industrial market right now. Last 2 business transactions
involved Turkey and India. The U.S? With the government oppression for the
past 30 years, why would ANYONE produce products in the U.S???? Answer -
they don't, they "git" while the going's good. Employees in the U.S will be,
and are suitable for, mindless retail clerks selling shoddy overpriced junk
to each other in every commodity imaginable.

As long as "Americans" send most of their discretionary income overseas for
autos and every household product, their wages will fall, and they will
eventually live like those in Mumbai. "But all I see are red Chinese
products..whhhhhaaaaaaaaaaaaa...." Don't buy it, the economy would change
in 90 days.

"Americans" are lazy and it will NEVER happen.

It's not pity - it's funny......except for those who are stuck in the U.S.


Agreed.

Are you in favor of keeping the Detroit based auto industry afloat?

What sort of industrial products are you involved with?

thunder May 8th 09 11:50 AM

What 17 billion will buy you.
 
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%?

BAR[_2_] May 8th 09 12:43 PM

What 17 billion will buy you.
 
jps wrote:
On Thu, 07 May 2009 18:07:15 -0400, Keith Nuttle
wrote:

jps wrote:
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.

Would you explain how deficits that were created by pelosi's democrats
and their pork barrel stimulus package and a budget that has more pie in
the sky project is President Bushes fault?

You will be blaming President Bush when you are standing in the
unemployment line because obama required the the automakers to close the
facility where you worked.


I'm a corporate officer and not covered by unemployment.

I think Pelosi should get to ask for 6 more months about 10 times
before you even start asking those questions.


Being a corporate officer is not too hard to be or do. Hell, anyone here
could be a corporate officer in a day or two.

HK May 8th 09 12:49 PM

What 17 billion will buy you.
 
BAR wrote:
jps wrote:
On Thu, 07 May 2009 18:07:15 -0400, Keith Nuttle
wrote:

jps wrote:
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.
Would you explain how deficits that were created by pelosi's
democrats and their pork barrel stimulus package and a budget that
has more pie in the sky project is President Bushes fault?

You will be blaming President Bush when you are standing in the
unemployment line because obama required the the automakers to close
the facility where you worked.


I'm a corporate officer and not covered by unemployment.

I think Pelosi should get to ask for 6 more months about 10 times
before you even start asking those questions.


Being a corporate officer is not too hard to be or do. Hell, anyone here
could be a corporate officer in a day or two.



Obviously, as our recent national economic experience indicates, any
idiot can be a corporate officer and probably was and is.

jps May 8th 09 08:21 PM

What 17 billion will buy you.
 
On Fri, 08 May 2009 07:43:38 -0400, BAR wrote:

jps wrote:
On Thu, 07 May 2009 18:07:15 -0400, Keith Nuttle
wrote:

jps wrote:
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.
Would you explain how deficits that were created by pelosi's democrats
and their pork barrel stimulus package and a budget that has more pie in
the sky project is President Bushes fault?

You will be blaming President Bush when you are standing in the
unemployment line because obama required the the automakers to close the
facility where you worked.


I'm a corporate officer and not covered by unemployment.

I think Pelosi should get to ask for 6 more months about 10 times
before you even start asking those questions.


Being a corporate officer is not too hard to be or do. Hell, anyone here
could be a corporate officer in a day or two.


I make my living as a corporate officer. Our state, until this year,
didn't allow corporate officers to contribute to unemployment
insurance or gain coverage.

If you expect to make points your argument will have to be relavent to
the subject at hand. Try to follow along, pinhead.


All times are GMT +1. The time now is 12:33 PM.

Powered by vBulletin® Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.
Copyright ©2004 - 2014 BoatBanter.com