Re: Here are some facts about the debt and the deficit and Bush and Obama

Thank you, I couldnt decide on what I wanted to use, I was Occupy
everything, and finally came up with Occupy Spring,. I guess I will
change it to Occupy Summer next month.


No, im not the moderator. Our moderator passed away recently and now
someone else is moderating and deleting post and whole threads, have
you had any of your post deleted that you noticed?



On May 30, 9:40 pm, mg <mgkel...@yahoo.com> wrote:
> OccupySpring . . . I like that name. Are you the moderator, perchance?
>
> On May 30, 8:07 am, OccupySpring <soprano.olivi...@gmail.com> wrote:
>
>
>
> > Thanks for the compliment, I knew I liked you!
>
> > On May 30, 7:25 am, mg <mgkel...@yahoo.com> wrote:
>
> > > "soc.retirement" is another newsgroup that is similar to this one in
> > > many respects. I wouldn't say that it is any better, though. In fact,
> > > it might be worse.
>
> > > On May 29, 2:59 pm, lynn...@aol.com wrote:
>
> > > > If you have another newsgroup that is decent, would you mind if I considered joining it?  This one is clearly under siege.
>
> > > > -----Original Message-----
> > > > From: mg <mgkel...@yahoo.com>
> > > > To: Open Debate Political Forum IMHO <opendebateforum@googlegroups.com>
> > > > Sent: Mon, May 28, 2012 10:07 pm
> > > > Subject: Re: Here are some facts about the debt and the deficit and Bush and Obama
>
> > > > It's not a good situation and I've commented about it before, along
> > > > with some other things on another newsgroup. With the unions being
> > > > mostly gone, Democrats have to look elsewhere for campaign
> > > > contributions. Personally, I'm not sure if we'll ever see another true-
> > > > blue, traditional Democrat ever win the White House again unless we
> > > > get some sort of serious campaign reform, which is unlikely.
>
> > > > On May 28, 7:11 pm, lynn...@aol.com wrote:
> > > > > The salient point is that TARP was a Bush initiative. My concern is the
> > > > apparent symbiosis between the white house and golden sacks.
>
> > > > > Sent from my Samsung smartphone on AT&T
>
> > > > > mg <mgkel...@yahoo.com> wrote:
> > > > > >I know there have been some congressional proposals to amend TARP, but
> > > > > >I don't know if any of them have passed. It seems like I remember
> > > > > >something about the idea of converting the money owed to the
> > > > > >government to common stock, but I don't know if that ever happened.
>
> > > > > >One can get lost quickly and not be able to see the forest for the
> > > > > >trees when talking about a fantasy Obama spree. The question I have
> > > > > >been asking right wingers for a long time now, though, is to tell me
> > > > > >specifically where he spent all that money if they believe he has been
> > > > > >on a spending spree, and of course they never can, except for blaming
> > > > > >the stimulus for everything.
>
> > > > > >On May 28, 4:25 pm, EARL DOYLE <lesjul...@gmail.com> wrote:
> > > > > >> MG, Obama made an amendment to TARP
>
> > > > > >> On 5/28/12, mg <mgkel...@yahoo.com> wrote:
>
> > > > > >> > The Troubled Asset Relief Program (TARP) was signed into law by George
> > > > > >> > W. Bush on October 3, 2008. Obama didn't become president until Jan.
> > > > > >> > 20, 2009.
>
> > > > > >> > On May 28, 12:12 pm, jgg1000a <jgg1...@hotmail.com> wrote:
> > > > > >> >> Tarp was a joint product of Bush and Obama...
>
> > > > > >> >> On May 26, 5:02 pm, lynn...@aol.com wrote:
>
> > > > > >> >> > Lew evidently has some memory problems...TARP and the early stimulus
> > > > > >> >> > packages were BUSH initiatives, just a NAFTA belonged to his daddy. L
>
> > > > > >> >> > -----Original Message-----
> > > > > >> >> > From: mg <mgkel...@yahoo.com>
> > > > > >> >> > To: Open Debate Political Forum IMHO <opendebateforum@googlegroups.com>
> > > > > >> >> > Sent: Sat, May 26, 2012 11:34 am
> > > > > >> >> > Subject: Re: Here are some facts about the debt and the deficit and
> > > > Bush
> > > > > >> >> > and Obama
>
> > > > > >> >> > As I said in my original post, most economists agree that the one-time
> > > > > >> >> > spending for the stimulus
> > > > > >> >> > was necessary and
> > > > > >> >> > beneficial.http://www.advisorone.com/2012/02/17/the-stimulus-three-years-on-did-...
>
> > > > > >> >> > In addition, the consensus among nonideological economists is that the
> > > > > >> >> > measures taken by Obama and the Federal Reserve prevented the
> > > > > >> >> > recession from becoming worse or even turning into a second Great
> > > > > >> >> > Depression.http://thecaucus.blogs.nytimes.com/2012/02/02/fact-check-romney-on-th...
>
> > > > > >> >> > On May 26, 5:08 am, lew <lewc...@aol.com> wrote:
> > > > > >> >> > > Bush is not running for president.
>
> > > > > >> >> > > Obama solved nothing and the country became worse under Obama.
>
> > > > > >> >> > > TIME FOR A CHANGE !
>
> > > > > >> >> > > On May 26, 3:47 am, mg <mgkel...@yahoo.com> wrote:
>
> > > > > >> >> > > > The costs ballooned before Obama took office. As I said, the CBO
> > > > > >> >> > > > estimated that the deficit for fiscal year 2009 (10/1/2008 -
> > > > > >> >> > > > 9/30/2009) would be $1.2 trillion before Obama was even sworn in
> > > > as
> > > > > >> >> > > > president.http://www.politifact.com/truth-o-meter/statements/2011/jul/27/barack...
>
> > > > > >> >> > > > If you look at the graph at the following website, you can see
> > > > > >> >> > > > exactly
> > > > > >> >> > > > what caused the $1.2 trillion deficit in 2009 and subsequent
> > > > years.
> > > > > >> >> > > > Note that for 2009 a lot of it was because of the economic crash
> > > > > >> >> > > > and
> > > > > >> >> > > > the TARP bailout. Here's a quote from the referenced article:
>
> > > > > >> >> > > > "The recession battered the budget, driving down tax revenues and
> > > > > >> >> > > > swelling outlays for unemployment insurance, food stamps, and
> > > > other
> > > > > >> >> > > > safety-net programs.[3] Using CBO's August 2008 projections as a
> > > > > >> >> > > > benchmark, we calculate that the changed economic outlook alone
> > > > > >> >> > > > accounts for over $400 billion of the deficit each year in 2009
> > > > > >> >> > > > through 2011 and slightly smaller amounts in subsequent years.
> > > > > >> >> > > > Those
> > > > > >> >> > > > effects persist; even in 2018, the deterioration in the economy
> > > > > >> >> > > > since
> > > > > >> >> > > > the summer of 2008 will account for over $300 billion in added
> > > > > >> >> > > > deficits, much of it in the form of additional debt-service
> > > > costs."
>
> > > > > >> >> > > >http://www.cbpp.org/cms/?fa=view&id=3490
>
> > > > > >> >> > > > On May 25, 8:39 am, lew <lewc...@aol.com> wrote:
>
> > > > > >> >> > > > > Bush never signed a 2009 budget.  Just Obama has never signed a
> > > > > >> >> > > > > 2010,
> > > > > >> >> > > > > 2011, 2012 nor 2013 budget.
>
> > > > > >> >> > > > > Why is Obama over-spending income by $1.5 trillion dollars while
> > > > > >> >> > > > > Bush
> > > > > >> >> > > > > never over spent income by more than $600 Bilion dollars with
> > > > the
> > > > > >> >> > > > > exact same wars?  Bush was fighting those wars for 5 and 6
> > > > years.
> > > > > >> >> > > > >  Al
> > > > > >> >> > > > > the sudden the costs balloned when Obama shows up?
>
> > > > > >> >> > > > > On May 25, 10:15 am, mg <mgkel...@yahoo.com> wrote:
>
> > > > > >> >> > > > > > The cost of the wars will continue to add up long after they
> > > > are
> > > > > >> >> > > > > > over.
> > > > > >> >> > > > > > By one estimate the total cost will be $4
> > > > > >> >> > > > > > trillion.http://news.yahoo.com/blogs/lookout/much-wars-cost-report-says-4-tril...
>
> > > > > >> >> > > > > > The budget for Oct 2008 to Sept. 2009 began as a spending
> > > > > >> >> > > > > > request by
> > > > > >> >> > > > > > Bush, who had been in office 8 years, and was signed by Obama
> > > > on
> > > > > >> >> > > > > > Mar
> > > > > >> >> > > > > > 12, 2009, which was about 50 days after he took office. If
> > > > > >> >> > > > > > someone
> > > > > >> >> > > > > > plants a time bomb, he doesn't have to sign it to make it go
> > > > > >> >> > > > > > off.
>
> > > > > >> >> > > > > > It's very true that Obama has failed to end the war that Bush
> > > > > >> >> > > > > > started.
> > > > > >> >> > > > > > However, it's also true that it's easier to start a war than
> > > > it
> > > > > >> >> > > > > > is to
> > > > > >> >> > > > > > end it.
>
> > > > > >> >> > > > > > Obama hasn't spent very much money that I know of except for
> > > > > >> >> > > > > > the
> > > > > >> >> > > > > > stimulus and except for continuing the policies that were in
> > > > > >> >> > > > > > place
> > > > > >> >> > > > > > when he took office. In fact, when you think about it, what
> > > > > >> >> > > > > > significant amounts of money has he spent, except for the
> > > > > >> >> > > > > > stimulus
> > > > > >> >> > > > > > money and what money did George Bush spent and what did he
> > > > spend
> > > > > >> >> > > > > > it
> > > > > >> >> > > > > > on?
>
> > > > > >> >> > > > > > On May 25, 6:55 am, lew <lewc...@aol.com> wrote:
>
> > > > > >> >> > > > > > > How did Iraq explin so much deficit?
>
> > > > > >> >> > > > > > > The Itraq War only cost about $1 trillionfrom beginning to
> > > > > >> >> > > > > > > end. - Same
> > > > > >> >> > > > > > > as the Styimulus that went to the unions.
>
> > > > > >> >> > > > > > > Afhanistan is "Obama's War."  The War we need to fight in
> > > > > >> >> > > > > > > Obama's
> > > > > >> >> > > > > > > words.
>
> > > > > >> >> > > > > > > P.S.: Bush never signed a budget for 2009.  All the spending
> > > > > >> >> > > > > > > in 2009
> > > > > >> >> > > > > > > is Obama'spending.  Obama has been over spending his income
> > > > by
> > > > > >> >> > > > > > > about
> > > > > >> >> > > > > > > $1,5 trillion each year.  The most Bush ever over spent his
> > > > > >> >> > > > > > > income is
> > > > > >> >> > > > > > > about $400 Billion. - About 2 1/2 timnes the Bush rate of
> > > > > >> >> > > > > > > overspending. in  Bush's worst year.
>
> > > > > >> >> > > > > > > On May 25, 8:44 am, mg <mgkel...@yahoo.com> wrote:
>
> > > > > >> >> > > > > > > > In doing a little bit of research, I came up with the
> > > > > >> >> > > > > > > > following
> > > > > >> >> > > > > > > > information which appears to be completely accurate:
>
> > > > > >> >> > > > > > > > 1. Before Obama was even sworn in as president, the CBO
> > > > > >> >> > > > > > > > estimated
> > > > > >> >> > that
>
> ...
>
> read more »

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