Obama is not acting niggardly enough

Discussion in 'Economy' started by KissMy, Feb 25, 2010.

  1. KissMy
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    KissMy Free Breast Exam

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    BARACK OBAMA IS NOT ACTING NIGGARDLY ENOUGH WITH THE BUDGET!!!

    His out of control spending & increasing entitlements will bankrupt our country. We are soon to join Japan, Dubai & Greece default bailout. We are looking at a 150% tax increase before factoring in health care. We are now in the Ring of Fire.
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    Obama blames the Bush administration for deficits & people swallow this nonsense. Budgets do not come from the White House. They come from Congress, and the party that controlled Congress since January 2007 is the Democrat Party. Democrats controlled the budget process for FY 2008 and FY 2009, as well as FY 2010 and FY 2011. In 2007 George Bush somewhat belatedly got tough vetoing spending increases. For FY 2007 & 2008 Nancy Pelosi and Harry Reid bypassed George Bush entirely, passing continuing resolutions loaded full of spending goodies to keep government running until Barack Obama could take office.

    - Congress Overrides Bush Veto of H.R.1495
    - Congress Overrides Bush Veto of H.R.2419
    - Congress Overrides Bush Veto of H.R.6124
    - Congress Overrides Bush Veto of H.R.6331

    At that time, Democrats passed a massive 450 BILLION dollar omnibus spending bill to complete the FY 2009 budgets which BUSH REFUSED TO SIGN. Obama gleefully signed that which had over 9000 earmarks & political pay-backs included in it. Obama referred to this bill as "last years" business-- The very week after Obama signed off on the 787 BILLION dollar stimulus bill that wasn't--which included 64 million in bonuses for AIG & 200+ million for Fannie/Freddie bonuses--gratitude of the American taxpayer. This the bill that no one read before signing off on it.

    And where was Barack Obama during the 2007--2008 full year budget? He was a member of that very Senate that passed all of these massive spending bills. Let's remember what the deficits looked like during that period:
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    If the Democrats inherited any deficit, it was the FY 2007 deficit, the last of the Republican budgets. That deficit was the lowest in five years, and the fourth straight decline in deficit spending. After that, Democrats in Congress took control of spending, and that includes Barack Obama, who voted for the budgets.

    If Obama inherited anything, he inherited it from himself. In a nutshell, what Obama is saying is "I inherited a deficit that I voted for and then I voted to expand that deficit four-fold since I took office on January 20 2009." This President in one single year has spent more than the cost of ALL WARS combined in United States History!
     
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  2. Neubarth
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    Neubarth At the Ballpark July 30th

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    If you elect a liberal Democrat, you have to expect that he will want to spend all problems away. That is the way they think. It would be impossible for Obama to be a tight wad.

    Funny, though, the government in Greece is run by the Socialist Party and they are the ones who are striving to balance the budget. When is a Socialist in name not a Socialist in deed?
     
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  3. Si modo
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    Si modo Diamond Member

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    LOL. If only all politicians could be niggardly with the budget.

    But, he sure was acting niggardly with resources for A-stan for way too long.
     
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  4. Neubarth
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    Neubarth At the Ballpark July 30th

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    That makes me wonder, "Did the Communist Soviet Union run a balanced budget?"
     
  5. Granny
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    Granny Gold Member

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    Apparently not. Their financial system collapsed.
     
  6. xotoxi
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    xotoxi Platinum Member

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