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Default Bush Bailout

On Fri, 14 Nov 2008 12:28:50 -0800, Calif Bill wrote:


"Curly Surmudgeon" wrote in message
. ..
On Thu, 13 Nov 2008 22:42:41 -0800, Calif Bill wrote:


"Cliff" wrote in message
...
On Thu, 13 Nov 2008 04:06:58 -0800 (PST),
wrote:

On Nov 13, 6:07 am, Cliff wrote:
Another three trillion down the drain. Does the phrase "Miserable
Failure" ring a bell?

OTOH AIG had another nice party and someone is getting a lot of
taxpayer money .... well, debt to the taxpayer, anyway. THEY got the
money.

No accountability either AFAIK. Just
free money ... How did this get started again? --
Cliff

The dems are pilfering the money. Nothing new there.

They are not running things yet.
Bushco is.
So you lied. Again.

HTH
--
Cliff

You are definately confused as to how the Federal Government runs.


Then explain the $2 trillion dollars that the Fed has already given out
wihtout oversight and refuses to reveal recipients.

The
Congress is the only group who can pass a spending bill, the only ones
who
can say we spend this money. The Executive Branch can approve or veto
the
bill with their Check and Balance part of government. But it is only
Congress who can first say lets spend money and tell the rest of
government to spend money and how much they can spend. And the
Democrats have been in control of the checkbook for nearly 2 years.
Bush and the Republicans sux. But so does the Democrats and Pelosi,
expecially Pelosi, and Reid.


You cannot gloss over the 6 years of a Republican congress so easily and
blame the next class for their bending over and dropping their trousers
for Bush/Cheney.

--
Regards, Curly
------------------------------------------------------------------------------
RIP -- Robert Lee Burnside 11/23/26 - 9/1/05
------------------------------------------------------------------------------





Did not say the Republicans were angels. I stated the facts of life re
our government and who actually gets to vote to spend money. And yes, if
the spending bill passes, the money HAS TO BE SPENT. A Democrat Congress
got that ruling years ago. Used to be the Executive branch controlled a
lot of the pork overspending, by just not spending the money. But
Congress did not like fiscal responsibility.
http://www.auburn.edu/~johnspm/gloss/impoundment is a decent explanation.
We need an Executive Branch to take the ruling to the Supremes. The
problem for at least the last 8 years, is a President who did not veto
overspending. And the $5 trillion, not $2 trillion is not money spent, so
no appropriation bill was required. It is what we committed to cover and
keeps growing. We are screwed.


Absolutely screwed, the only solution is massive inflation.

Got your bug-out bags packed?

--
Regards, Curly
------------------------------------------------------------------------------
RIP -- Robert Lee Burnside 11/23/26 - 9/1/05
------------------------------------------------------------------------------




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