Obama approves $900,000 Federal spending for NOTHING

[OKTexas]

A quick glance through a Civics textbook would help you understand that the President doesn't have the power to "approve" spending.

Only Congress has that power.

He does however have the executive authority to close these unneeded accounts and stop the waste.

 

[Yurt]

A quick glance through a Civics textbook would help you understand that the President doesn't have the power to "approve" spending.

Only Congress has that power.

He does however have the executive authority to close these unneeded accounts and stop the waste.

dayam

that is, what, five people now....doc?

 

[healthmyths]

Try reading the article, and note this:
“We have worked with agencies to improve the timely closeout of grants,” said Danny Werfel, the controller at the Office of Management and Budget, in an e-mail. “Agencies have made noteworthy progress so far, with the number of zero balance accounts falling by more than 50 percent since the end of fiscal year 2011.” Back then, the total was more than 28,000.

See you quote the realist! This is great they've done a good job in closing them!

So if I can grant Obama's underlings are working towards it... then why are you assholes so bent on BLAMING Bush when these EVENTS occurred that BUSH had nothing to do with and STILL Bush had more people working and a GDP that grew by 16% Versus dipshit who's record is CLOSING BUSINESSES!
PLUS Obama as all other Presidents NEVER FACED what Bush faced in his 8 years... AND I'D like ANY of you to refute these cataclysmic events!

1) Dot.com bust cost $5 trillion in lost market value.. this means every year for 30 years now starting in 2000 the federal revenue is over $66 billion written off against taxes owed.
How many people LOST jobs due to the bust??
According to the Los Angeles Times, when the dot-com bubble burst, it wiped out $5 trillion dollars in market value for tech companies. More than half of the Internet companies created since 1995 were gone by 2004 -
and hundreds of thousands of skilled technology workers were out of jobs.
The dot-com bubble: How to lose $5 trillion ? Anderson Cooper 360 - CNN.com Blogs

2) Did YOU forget that 9/11 occurred and it cost $2 trillion over the next 30 years again $33 billion will NOT BE PAiD.. was that Bush's fault?
Jobs lost in New York owing to the attacks: 146,100 JUST in New York!!
Year 2001: September 11 Terrorist Attacks
The 9/11 terrorist attacks were the events that helped shape other financial events of the decade. After that terrible day in September 2001, our economic climate was never to be the same again. It was only the third time in history that the New York Stock Exchange was shut down for a period of time. In this case, it was closed from September 10 - 17. Besides the tragic human loss of that day, the economic loss cannot even be estimated. Some estimate that there was over $60 billion in insurance losses alone.
Approximately 18,000 small businesses were either displaced or destroyed in Lower Manhattan after the Twin Towers fell. There was a buildup in homeland security on all levels. 9/11 caused a catastrophic financial loss for the U.S.
The Top 10 Financial Events of the Decade

3) $1 trillion in written off losses due to the WORST Hurricane SEASONS in history!
The worst Katrina made landfall in Louisiana as a Category 3 in 2005. It took 1,836 lives and caused $81.2 billion in damages. Andrew slammed into South Florida in 1992 as a Category 5. It caused 40 deaths and $30 billion in property damage. More than 250,000 people were left homeless and 82,000 businesses were destroyed or damaged.
Hurricane Katrina ALONE! Year 2005: Hurricanes Katrina and Rita
On August 25, 2005, Hurricane Katrina hit the Gulf Coast of the U.S. as a strong Category 3 or low Category 4 storm. It quickly became the biggest natural disaster in U.S. history, almost destroying New Orleans due to severe flooding.

Hurricane Rita quickly followed Katrina only to make matters worse. Between the two, more than $200 billion in damage was done. 400,000 jobs were lost and 275,000 homes were destroyed. Many of the jobs and homes were never to be recovered. Hundreds of thousands of people were displaced and over 1,000 were killed and more are missing. The effect on oil and gasoline prices was long-lasting.

400,000 jobs due to Hurricanes Katrina/Rita
145,000 jobs in NYC alone due to 9/11
300,000 jobs lost due to dot.com busts.

Almost 1 million jobs alone from those 3 events

All of this while having almost $100 billion a year in tax revenue due to the above losses !

4) Economic terrorist attack 9/18/2008 or how the world almost came to the end at 2pm on 9/18/2008.
How close to entire collapse the ENTIRE world's economy was on 9/18/2008 when an economic terrorist attack occurred..

On Thursday (Sept 18), at 11am the Federal Reserve noticed a tremendous draw-down of money market accounts in the U.S., to the tune of $550 billion was being drawn out in the matter of an hour or two. The Treasury ...estimation is that by 2pm that afternoon, $5.5 trillion would have been drawn out of the money market system of the U.S., would have collapsed the entire economy of the U.S., and within 24 hours the world economy would have collapsed. It would have been the end of our economic system and our political system as we know it."
Zero Hedge: How The World Almost Came To An End At 2PM On September 18

Again all this happened and at the same time the MSM was bashing the President DAILY!

Well, our job is to bash the president, that's what we do." --
Evan Thomas responding to a question on whether the media's unfair to Bush on the TV talk show Inside Washington,
February 2, 2007.Newsweek's Evan Thomas: 'Our Job Is To Bash the President' | NewsBusters

All of those events occurred BUT dumb f..ks like you obviously have no memory!

How many threads are you going to copy pasta this stupid bullshit in? It's too long, improperly formatted and really fucking annoying with the red font. No one is going to read it.

I will do this until IDIOTS like YOU UNDERSTAND THE REALITIES of what happened during Bush's administration!
YOU idiots can't even subtract 42 million from 46 million why would you comprehend $8 trillion in losses that directly affected tax revenue!
YOU idiots can't even admit Bush had NOTHING to do with the dot.com bust, nothing to do with 9/11 and surely nothing to do with worst hurricanes!

YET you idiots don't take any of that in account!
BUT you suck up to Obama who has had little if ANY events nearly the magnitude of the above! NOTHING Obama has faced can be compared! NOTHING!

 

[healthmyths]

Health seems to believe that because these accounts exist that means Obama didn't go over the budget. Of course he has no proof of this but he continues to float the idea anyway.

YOU have to be f..king KIDDING to think Obama ACTUALLY APPROVED THESE ITEMS?
IF HE did then he is even DUMBER then I thought! YOU truly can't believe if any idiot saw the below wouldn't you at least recognize the optics that this generates?
These wasteful idiotic expenditures have gone around the world and once again shows the world what a fu...k up President Obama is if :
A) He did go line by line and APPROVED??
or
B) He didn't and yet he has hired people that are responsible for this????
The USA Federal government spent:
- $2.6 million to make sure prostitutes in China drink less on the job.

- $1.44 million in federal funds estimating the size of the population and examining the “social milieu” of male prostitutes in Hanoi & Ho Chi Minh City,

- Washington spends $25 billion annually maintaining unused or vacant federal properties

- Studying pig poop. The EPA awarded a $141,450 grant under the Clean Air Act to fund a Chinese study on swine manure

- a $1.2 million grant to the United Nations for clean fuel promotion.

- Conferences for government employees. In 2008 & 2009 alone, the Department of Justice spent $121 million to host or participate in 1,832 conferences.

- U.S. government has spent $1.5 million to preserve some artifacts left during the hostile Indian occupation of Alcatraz Island more than four decades go.
While the State Department saved money on security in Libya, it somehow managed to find $5.6 million in 2011 to support “pressing cultural preservation needs” in dozens of foreign countries.
Here are some of the dire projects funded by U.S. tax dollars that perhaps could be better spent on securing U.S. embassies in hostile Arab countries.
- Uncle Sam doled out
$750,000 to restore a 16th-century tomb complex in India,
$700,000 to conserve ruins in Tanzania,
$600,000 for the “temple of the winged lions” in Jordan and
$450,000 for the conservation of a 10th century temple in Cambodia. Those were just the big ticket projects.
Hundreds of thousands more went to smaller causes throughout the world.

 

[thereisnospoon]

It is one of the oddest spending habits in Washington: This year, the government will spend at least $890,000 on service fees for bank accounts that have nothing in them. At last count, Uncle Sam has 13,712 such accounts, each with a balance of zero.
Feds spend at least $890,000 on fees for empty accounts - The Washington Post

Now why is Obama responsible for spending $900,000 for absolutely nothing???

Shouldn't you be blaming the midlevel bureaucrat for not monitoring the bank fees?

Or the bank for charging fees on empty accounts instead of calling the government bureaucrat and saying "your account is empty, do you want to close it?" You would think the bank would consider a civic duty not to screw the government and thus the tax payers.

Oh, that's right, you're an idiot who doesn't know how many people work at various levels of the federal government and would rather blame every $ of waste directly on the Black guy.

If you'll recall 6.6 BILLION DOLLARS sent to Iraq on pallets went missing under Bush. Stolen, misplaced, lost? No one knows. Did you raise hell over that 6.6 Billion?

Yes. However, such nonsense should be stricken from the budget.

 

[Political Junky]

OMG, the republican House is spending too much.