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Trappy, Get Your Butt to Work!

Discussion in 'Politics, Elections & Legislation' started by JBrooks, Mar 23, 2009.

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  1. JBrooks

    JBrooks TS Member

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    Hey Trappy,

    You and your buddies better start working right now. You have a big tab to pay off. Oh, and for you guys who voted for Democrats, explain this to your kids and Grand kids: LOL (Please note that it is the Democrats own Congressional Budget Office that says we're going broke.)

    "Sen. Judd Gregg, R-N.H., and Senate Minority Leader Mitch McConnell, R-Ky., offered a grim assessment of the $3.6 trillion proposal following a report over the weekend that found the budget plan would produce $9.3 trillion in deficits over the next decade.

    "The president's budget spends too much, taxes too much, and borrows too much. ... I don't think I've witnessed this level of unease about a budget certainly in the time that I've been here," McConnell said, calling the plan a "tough sell" for centrist Democrats.

    "We can't afford this," Gregg said.

    He called the deficit estimates attached to the budget plan "staggering," and he warned that such deficits would trigger a national debt that amounts to "running your country into the ground."

    "What's being proposed here is a massive increase in taxes in order to massively increase the size of the government and have virtually no fiscal discipline on the side of borrowing," Gregg said.

    The Congressional Budget Office on Friday estimated that the budget proposal would produce $9.3 trillion in deficits over the next decade -- or $2.3 trillion more than the White House had estimated.

    The report predicted that such deficits would double the country's public debt to 82 percent of its gross domestic product by 2019.

    Gregg, who was nominated by Obama to be commerce secretary, but withdrew his name from consideration, has emerged as a top critic of the budget plan, and escalated his criticism in light of the deficit projections.

    "The effect of it will be that it will pass on to our children a debt ratio which is not sustainable ... a public debt of about 80 percent of GDP, which basically is the type of debt ratio you see in banana republics," he told FOX News. "And it stays at that level for as far as the eye can see, along with deficits that are about 4 percent to 5 percent of GDP. Those aren't sustainable numbers, so we've got to take another look at this, and figure out a way to close down the gap." "
     
  2. Brian in Oregon

    Brian in Oregon Well-Known Member

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    Liberals are making Bush's deficits look good.
     
  3. halfmile

    halfmile Well-Known Member

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    Each family now owes $160,000.00 is what I heard last night. Or was it each individual? It doesn't matter, usury will kill the country.

    HM
     
  4. JBrooks

    JBrooks TS Member

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    Everything was fine until the Dems took over Congress.
     
  5. J.Woolsey

    J.Woolsey Member

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    Trappy is at a loss for words, it may be a sign that he is actually starting to think, rather than automatically spewing Socialist nonsense. Wonder what he thinks of the move to enable Nationalization of companies, as well as banks. Shades of Hugo Chavez.
     
  6. stokinpls

    stokinpls Well-Known Member

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    Bush got us out of Clinton's recession with two measley $600 tax credits.
     
  7. highflyer

    highflyer TS Member

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    Did you see him laughing the other day. I think it is a combination of his ignorance, his arrogance and his disdain for America all working together to destroy our country. We are the fools for following him to our own destruction. The baby boomers running America into the ground. I saw last night where our illegitimacy rate is now 40 percent. That is what socialism has done for us. We are a nation of bastards being run by the head bastard.
     
  8. shooterIII

    shooterIII Member

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    halfmile

    I heard it was for a family of 3.
     
  9. bobdog

    bobdog Active Member

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    It may be people of Trappy's generation that will ultimately have to pay the bill, but it's the retirees on fixed incomes that are going to feel the pain.

    It's a bad time to be 63 and unprepared for retirement.

    Worse, Congress still has another year and 10 months before we can throw their butts out. That may be why Obama's in such a hurry. He knows he can't control a majority of Congress past January, 2011.
     
  10. jbbor

    jbbor Active Member

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    I could have embedded this but figured I would get in trouble. LANGUAGE CAUTION when clicking the link above. Jimmy Borum
     
  11. GunDr

    GunDr Well-Known Member

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    <script type="text/javascript" charset="utf-8" src="http://static.right.org/js/bailout_calculator.js"></script>
     
  12. jbbor

    jbbor Active Member

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    <object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/yZMdA06xbcU&color1=0xb1b1b1&color2=0xcfcfcf&feature=player_embedded&fs=1"></param><param name="allowFullScreen" value="true"></param><embed src="http://www.youtube.com/v/yZMdA06xbcU&color1=0xb1b1b1&color2=0xcfcfcf&feature=player_embedded&fs=1" type="application/x-shockwave-flash" allowfullscreen="true" width="425" height="344"></embed></object>
     
  13. highflyer

    highflyer TS Member

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    Looks like the Bible got it right.
     
  14. Bruce Specht

    Bruce Specht Well-Known Member

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    All we can hope for is that Trappy and his fellow Democrats get and hold jobs for a very long time and that Republicans win back congress in two years.
     
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