Obama "savings"?

Discussion in 'Politics' started by saveliberty, Dec 7, 2009.

  1. saveliberty
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    saveliberty Diamond Member

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    WASHINGTON – The Obama administration will lose $200 billion less than expected from the federal bailout program and is looking at using part of the savings to fund new job creation efforts.

    Administration to slash bailout cost estimate - Yahoo! News

    This is a definition of savings?
     
  2. uscitizen
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    uscitizen Senior Member

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    Yep just like projecting the cost of healthcare reform for 20 years and presenting it like it is all being spent right now.
     
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  3. Meister
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    Meister Platinum Member Supporting Member

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    How can you save what you don't have? It's more like cutting the debt, than saving.
     
  4. rightwinger
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    rightwinger Award Winning USMB Paid Messageboard Poster Gold Supporting Member Supporting Member

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    Where are the tens of trillions Obama supposedly lost?
     
  5. manu1959
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    manu1959 Left Coast Isolationist

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    i think they were passed out as perfomance bonuses on wall street......i think the reason was.... they didn't lose as much as they thought they would...
     
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  6. saveliberty
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    saveliberty Diamond Member

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    Part of the reason I mentioned this new use the term savings is; health care coverage is suppose to save us money. Applying this new view of savings makes health care saving quite a bad situation.

    Also, it seems like Obama has created a $200b. slush fund for himself. How nice.
     

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