Your grandchildrens ENORMOUS NATIONAL DEBT!
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Posted By: ALTRUISM Posted on: Mar. 30, 2006 at 9:41 AM  6 Comments
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Our Trade deficit is 715 trillion American dollars! 200 trillion of it owned by China! Soon under Bush we will hit 1 ZILLION! These republicans are like the Corporations that like to leverage the company. In this case Republicans have leveraged (Massive Debt!) our country. This means that the American citizens (stock holders) will be left holding the worthless bag (when it all comes crashing down). No worry though, The Bushes will still be sipping Golden margaritas thru silver straws on the French Riviera! The Republican Congress (Bush) gave the oil industry BILLIONS OF DOLLARS in incentives! THAT MONEY COULD HAVE MADE SOCIAL SECURITY MORE SOUND! that money could have funded health coverage for the 41 million UNINSURED AMERICANS! I think that the reasons these Republicans only give to the rich (not because they create jobs, they don't), It is because they are patronizing their donors and lying about it makes them fascists!
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Mar. 30, 2006 at 01:49:50 PM
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| Its all about leveling the playing field globally. But the playing field is the toilet bowl. It’s all on track and progressing quite well, thank you very much contented Americans. If you want a program to follow the action and see where it is going, see "Jackass Economics" at http://www.voiceofarizona.com/content/p/5031/catid/2/artid/2148 . Take the time to read it and understand it, and the plan for the American middle class and the world will slowly reveal itself to you. |
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Mar. 30, 2006 at 06:06:55 PM
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| Whoa Whoa Whoa. Try 9 trillion, not 715 trillion. Still too high, but my god man. You say we stretch the truth.
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Mar. 30, 2006 at 10:15:40 PM
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| When George Bush took office, the national debt was approximately $5.8 Trillion. The national debt as of this Wednesday was $8.3 TRILLION dollars, and it is increasing by an average of $2 BILLION PER DAY. The federal government’s annual deficit for 2005 was $317 BILLION, and when the Social Security and other trust fund surpluses also being spent are added in, the debt in 2005 increased to $575 billion. In 2005, the government paid $352 BILLION on interest payments alone on the national debt. Those numbers will increase in 2006. The current debt represents $27,702 for every man, woman and child in the United States. Last week, the Republicans in Congress voted for the fourth time in the past five years to increase the limit on the national debt, this time to almost $9 TRILLION. Having given itself authority to spend more, Congress promptly passed a bill at President Bush’s request for $91 billion in new deficit spending; defeated a bill that would reinstate a “pay as you go” approach to federal spending; and approved a federal budget for 2007 that involved a projected $359 billion deficit. Of course, that deficit is wishful thinking. Our 2005 trade deficit (the difference in the amount we spend to import foreign-made goods over the amount paid for goods we manufacture and export) was $805 Billion, up from $668 Billion in 2004. Every month seems to set a new record of trade deficits. The money we pay for those foreign goods, together with the money we borrow from foreigners and foreign governments to finance our ever-growing national debt, leaves us owing them huge amounts, and makes us very vulnerable to their ability to control us and our institutions. In the meantime, taxes of the wealthiest Americans are being cut, reducing the amount of income available to the government. Domestic programs - many of which benefit our lower income, sick and elderly citizens, students and our national parks, to name a few - are being reduced to pay for those tax cuts. The economic gap between the “haves” and the “have-nots” in this country is growing increasingly wide, and that has the potential to become a very dangerous situation. I CUT AND PASTED THIS FROM TODAYS SUN-TIMES, TO RESOLVE THE DIPUTE OVER FIGURES PRO |
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Mar. 30, 2006 at 10:32:15 PM
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| THE GEORGE DUBYA BUSH PSYCHOLOGY! When the religious republican right wake up when g. w. bush hands out his $500 soup line social security checks to new retirees. Then tells them how happy they should be that he saved soc. security for them. His warped republican psychology is to make tax cuts to the rich permanent and then cut payments to people in wheelchairs " medicaid " and soc sec.!!! He will explain that he only stabbed you in the back when he could have shot you between the eyes. |
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Apr. 5, 2006 at 12:04:57 AM
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| Whoa Al, Being responsible with the people's money isn't what republicans do. And of course what they are doing is accepting bribes- er- political donations from wealthy men, and corporations in exchange for lower taxes on high incomes, lower corporate taxes, and eliminating the Paris Hilton Inheritance tax. And some may think you are to angry, but anyone who understands exactly what is happening should be furious! I'm talking pitchforks and torches mad, By the way, anyone catch that State Senator Ken Bennett, Republican of Prescott, managed to get his son's 15 plus anal rapes of boys ages 11-15 reduced to a couple of misdemeanors. Well, what the young Bennett is doing literally, his father is doing figuatively to the rest of the state. |
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