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Obama's 1 trillion
Posted: January 31st, 2009, 1:35 pm
by Jennifer Smith
I don't know about you, but it makes me a little sick...
Re: Obama's 1 trillion
Posted: January 31st, 2009, 5:05 pm
by Paully_44
Jennifer Smith wrote:I don't know about you, but it makes me a little sick...
Is there a link or quote to go along with this? I'm lost.
Re: Obama's 1 trillion
Posted: January 31st, 2009, 5:14 pm
by DaJudge
Jennifer Smith wrote:I don't know about you, but it makes me a little sick...
Not only are you sick, but your kids and grandkids will be sick. It'll be them paying it off.
Re: Obama's 1 trillion
Posted: January 31st, 2009, 6:21 pm
by Tim Elston
Jennifer Smith wrote:I don't know about you, but it makes me a little sick...
How did you like Bush's trillion? It's the desperate attempt of the system to recover from itself, and it's going to fail. It's like using a waterhose on a burning house without realizing that the problem is not a fire but a flood. It's pouring debt upon debt, thereby postponing inevitable destruction.
I read today that a million dollars is a 4-inch stack of 1000-dollar bills. A billion dollars is a 352-foot stack of 1000-dollar bills. A trillion dollars is a sixty-seven mile high stack of 1000-dollar bills.
If trillions and more trillions are what our monetary system is hooked on--and it is, no matter who the president is--it will not survive. This isn't a glitch; it is built into the system. And these "stimulus" packages are not fixes; they are more of the problem. They add to the unsustainable debt growth already strained by two simultaneously conducted wars, one elective, which were paid for on credit to no-bid contractors at the same time that Congress popped the champaign cork on mortgage credit and the White House reduced tax revenue, as though we didn't have pay for anything because it would all pay for itself.
And if anyone thinks it's socialism, think again: most of these trillions are going straight to the fat-cat bankers and corporate executives who have lobbied Washington hard to maintain the status quo that stuffs their personal coffers with rivers of gold.
Posted: January 31st, 2009, 9:20 pm
by MacUser
Tim,
Bush is gone. This is the Obama Economy now. He's the one down talking it each and every day.
Seriously.. If this "stimulus" is about jump starting the economy.. why not allow people to keep MORE or what they make and companies keep MORE so they could expand or keep more doors open.
This would be real measured and sustained income. Income you could quantify. Something everyone would instantly see on a bottom line. Reduce the taxes on tax payers/producers.
Rather than this huge socialism give away program of sending free money to people that don't pay taxes. Plus the plethora of other social programs and paybacks that keep falling out of this disastrous pork package.
Posted: February 1st, 2009, 8:53 am
by Tim Elston
MacUser wrote:Bush is gone.
The six trillion dollars worth of debt he gave us is here to stay.
Posted: February 1st, 2009, 4:07 pm
by MacUser
Tim Elston wrote:The six trillion dollars worth of debt he gave us is here to stay.
And Obama plans are to increase that exponentially. I vote we agree and stop it now.
Posted: February 1st, 2009, 4:19 pm
by Tim Elston
MacUser wrote:Tim Elston wrote:The six trillion dollars worth of debt he gave us is here to stay.
And Obama plans are to increase that exponentially. I vote we agree and stop it now.
Yes, he is, and I'm against it as much as I was against Bush's six trillion. But there is no stopping it. It's built into the system. We're heading off a cliff, Democrat or Republican.
Posted: February 1st, 2009, 6:15 pm
by Jennifer Smith
http://www.foxnews.com/politics/2009/01 ... ulus-plan/
Sorry, paully, I was going to post a link with that, but didn't.
I can't believe it.
Posted: February 1st, 2009, 7:53 pm
by MacUser
Tim,
Focus. Bush is past. This is future. You will get more support dealing with today. You have to fight each battle before you can win the war.