The Bush administration on Monday projected the U.S. budget deficit will soar to a new record of nearly half a trillion dollars in fiscal 2009 as a housing-led economic slowdown cuts into government revenues.
Monday, July 28, 2008
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3 comments:
Hey, he might as well finish us off, right? Him and his gang have pulled off the biggest robbery of all time and they've done it in broad daylight with the media cheering them on. Bankrupting the Gov't was policy under this two bit Emperor. Mission Accomplished. He's effectively tied the hands of the next President whomever it it. The GOP did the same thing too Clinton. He spent his 8 yrs. being a fiscal conservative trying to pay off some of Reagan/BV$H1's debt from the 12 yr. party they threw the fat cats in the GOP. The people never learn they just keep putting these vandals in power and paying the bill afterwards. Then the caper is the next guy gets the blame for the mess they leave behind. Pathetic
We are closing in on being finished off, that's for sure. I can't bare to watch the stock market lately.
You are right, if Obama gets in he is facing a complete mess. This is my own personal fear, has been for a while. He gets in and their is further economic collapse. People blame Obama, the neocons come back in 2012 with an even more virulent strain - more curtailing of democracy, further "security surveillance", more wars, more deterioration.
I need a vacation, this shit is weighing on my mind too much.
The neo-con line of stab in the back and economic collapse is already on McPain's lips. Obama hasn't even been elected and FOX and the rest are already blaming him for the coming depression and the debacle in Iraq. The problem is almost all the MSM is owned by the same assholes that got us and kept us in this mess. I agree that their program is to allow O to win and then double down in 2012. They've already effectively stopped him doing anything but trying too clean up the unbelievable mess they've already created. They are your typical Corp. management types blame is delegated to the staff and the top guys get a raise for fucking up royally. Look at Fannie and Frddie Mac as an example. The top CEO's get 12 mil. a yr. to lose billions. Are they canned by their boards? Hell, NO they're given bonuses and told how great a job their doing because they didn't lose even more! Reality is suspended for the leadership because the whole concept of responsibility no longer applies to these people. I just got laid off by a company that fits this exact model.
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