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Bush vs Obama: Facts And Observations
Even as the political posturing over who spent what, how much and when reaches ridiculous levels, courtesy of the St. Louis Fed it is a short 5 minute process to fact check (thanks to the St Louis Fed's Fred) what the average annual federal expenditures, investment and consumption were/are under the regimes of Bush and Obama respectively. It also allows us to see what the average government saving, or rather, borrowing has been under the two administrations. The result, or rather the step function contained therein, may surprise some. Furthermore, we present a few observations from Sean Corrigan's latest later on the proclivity of the Obama administration to spend.... and spend... and spend... which demonstrates that while there certainly may be carryover from the previous administration, the eagerness of the current one to fund a record amount of disposable income via state transfer funding can not be blamed on the Bush by any sane person.
First, a head to head comparison of expenditures, investment and consumption. Net result: a 332% difference when it comes to net average annual savings (or rahter the opposite). Guess in whose favor.
And some follow up observations from Corrigan:
Come on, people! This is NOT the fiat money equivalent of the Cuban Missile Crisis, for goodness’ sake! We are not going to reduce the world to cinders on the morning of August 2nd if the imperial presidency actually has to hew to the Constitution for a change!
While there would no doubt be occasion for some interim difficulty in speculative markets if the US did not get to borrow even more next week, the Federal government need not actually default on that fateful day: one should not overlook that it does still face the option of simply not writing as many uncovered cheques as has been its all-too profligate wont.
Be aware that the world’s largest economy still luxuriates in a soaring deficit of over 12% of private sector net domestic product (the wealth-creating rump out of which such debt must be serviced and redeemed) despite the ostensible recovery being enjoyed there. This gap comprises no less than forty, potentially inflationary percentage points of a vast, $3.6 trillion level of annual expenditure which is not only bigger than the output of the entire German economy, but which amounts to an initiative– and responsibility- crippling 30%+ of PNDP—a proportion heretofore unprecedented in peacetime.
Post-crisis, the Obama administration currently doles out three times as much as did the hardly parsimonious first Bush one, as recently as 1990, burning through as much in a year as its predecessors in office managed cumulatively to consign to the flames in the entire first three decades of the post-WWII experience.
To imagine that one could not make a meaningful attempt at good housekeeping within such broad confines—without having to confiscate more private means or to penalise more individual endeavour along the way—is, frankly, risible: a fact of which the erudite, considered, and entirely sane Ron Paul (a man we would back over the likes of that elder statesman-manqué, Vince Cable, in almost any field of endeavour) is just as fully cognisant as he is aware that this game of brinkmanship is one of the few methods possessed by a no longer supine legislature to bring an arrogant executive to heel.
The punchline:
Absent the expectations of a renewed policy of monetization from the Fed, US Treasury rates are therefore likely to back up far more from the simple return of a modicum of free market pricing, regardless of their attached rating, than they are from a belated recognition by the zero-credibility agencies that no amount of politically-convenient pretence to the contrary can seem to put cloth on the back of a thoroughly naked emperor.
The fewer free rides the global hegemon enjoys— either in the debt or currency markets (and the two are, naturally interlinked - the more responsible his behaviour might become toward both us and his own oft-afflicted citizenry. This battle could just conceivably bring about exactly such a curtailment of his ‘exorbitant privilege’.
Can this be entirely a bad thing of which to dream?
And the chart the summarizes it, together with the caption:
For the first sustained time since the Great Depression, the stretch since May 09 has seen government handouts exceed contributions. Currently, a net 13.5% of personal disposable income comes directly from the state, the highest fraction in the eighty-year record. The swing from pre-crisis levels is ~$845 billion pa: what must this must mean for the deficit and debt?
As well as some other charts:
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The four words that best describe the Bush administration top to bottom are "Asleep at the wheel". From 9/11 to the housing bubble to deficit spending for doped up seniors.
He was "The Decider" when there was a chance to do something about the bubble and instead of taking affirmative steps he gave us tax cuts, two stupid wars, and executive orders to "let it ride".
The SAME FUCKING PEOPLE filling Obama's coffers were the ones filling Dubya's...they back the people in a position to keep their bread buttered. Period.
Dubya:
Morgan Stanley $603,480 Merrill Lynch $586,254 PricewaterhouseCoopers $514,250 UBS AG $474,325 Goldman Sachs $394,600 Lehman Brothers $361,525 MBNA Corp $350,350 Credit Suisse Group $326,040 Citigroup Inc $320,820 Bear Stearns $313,150Obama:
University of California $1,642,735 Goldman Sachs $1,012,841 Harvard University $862,604 Microsoft Corp $852,167 Google Inc $814,540 JPMorgan Chase & Co $807,799 Citigroup Inc $736,771You'll forgive us if some of the names in the first list weren't around to contribute on the second.
"The four words that best describe the Bush administration top to bottom are "Asleep at the wheel"
I'll bet you say that about spiders too...
Three words: My Pet Goat.
It doesn't get better than that.
Of all the shit Bush and 0bama pulled, the thing that matters to you the most is the book he was reading to 1st graders. No wonder this country is fucked up with people like you voting.
The Commander-In-Chief, when told that "America is under attack" could not politely excuse himself and try to defend the nation but rather remained immobile while being read a first grade book about goats.
That's the joke.
.
Exactly right about the donors. Same squids.
Back up to end of Clinton's last term, and it was Robert Rubin, Larry Summers and Alan Greenspan who were in the middle of Glass-Steagalll repeal and the LTCM meltdown. Rubin was clever enough to jump to CITI right before the internet bubble popped and the recession began. Bush walked into a recession Spring of 2001.
The tax cuts by Bush and lower interest rates by Greenspan were in response to the reccession, made worse by 9-11 which caused economic havoc. But those interest rates were too low for too long and the repeal of Glass-Steagall, housing bubble, and derivatives mania were eaten up by the squids who became TBTF under Bush.
Seems to be a pattern during vulnerable periods of elections and transitions of power being targeted by the TPTB. Big moves are made before anyone knows WTF is going on and what to do about it. Like Glass-Steagall, Bailouts, and TARP.
0bongo is doing a shitty job of dealing with it. He took a 3-13 team and turned it into a 1-15 team. Time to fire the dunce
Awesome. A debate on who is the "F" and who is the "F-"
What a pathetic shit fest this is.
I wonder how he'll swing that difference during the next elections.
And the sad part is that nothing anymore will be done for the economy starting november when he starts his rolling stones tour...
"can not be blamed on the Bush by any sane person"
That statement does not cover a lot of the Obama supporters that I've seen. Bush supporters, especially after 2005, were a small and confused lot. Obama supporters are proving to be plain old batshit crazy. They have an excuse for everything.
Anyone who would surrender their sovereignty as an individual in order to be ruled by either he who will kill the most Muslims or he who will issue the most SNAP cards is bat shit crazy.
Hmm... I'm not an Obummer supporter, but I recall several batshit insane discussions with 29'ers on various forums. I don't think there's much of a difference.
anyone who criticizes Obama beez rayciss
The 12% deficit in fact is closer to 20%, when you ignore made up additions to the GDP such as imputations and hedonics.
You're all wrong, it's all the evil speculators, large corporations, Gordon Gekko wannabes fault, they own the govt, who do you think finances this guys campaigns? Politicians are all the same everywhere...
Where do you think all this debt came from??? The govt overspent yes, but the most recent increase came from the TARP bailouts, which was a covert transfer of private debt to public!
0bama and Geithner told us TARP has been repaid and it is profitable. So where the fuck is the money? Besides, TARP was in the 2009 budget, so why the fuck do we have a $1.5 trillion deficit for the 2010 & 2011 budgets?
Remember Bush touting the home ownership rates going up in his first term. This massive increase in loans and massive increase in money supply created by these loans delayed the crash from happening on his watch. Maybe the bailouts to support these bad decisions should be added to Bush's budget not Obamas.
The bubble in housing also generated extra taxes. Take housing down to non-bubble territory, and those go away, increasing the deficit.
Indeed it did deliver, I don't like "create" extra taxes.
But all of the "money" "credit" that was created was nothing more or less than a criminal enterprise.
The criminals took control of the money supply, not only of the USA but, of Europe.
It is not that the lunatics have taken over the asylum.
It is that the criminals have taken over the money supply.
One word.
Clinton.
CRA - Community Reinvestment Act - Clinton's baby
Fannie Mae & Freddie Mac - Barney Frank's baby
Bush gets the blame for not regulating Wall Street
0bama gets the blame for putting the bankers' butch Tim Geithner in as Treaury Sec and not going after the bankers and putting a few hundred of them in prison in the aftermath
Different puppet, same puppeteer.
OK.
And Obama wants to add another $2,5000bn.
So the % difference between Bush and Obama would be 1,198%.
Is my math correct?
.
All you need to know: 2006 debt ceiling was $8.2 Trillion. If now increased by $2.7 Trillion, to $16.7 Trillion, it will more than double the 2006 national debt/ceiling in just 5 years.
We always talk about what the president spends, and what president is responsible for what amount of debt, but it's the congress controls the purse strings.
Clinton didn't balance the budget, the GOP congress did for him. Bill Clinton had a democrat congress and they were well on their way to doing the same thing as Obama is doing when people flipped out and gave the GOP control of both houses in 1994, for the first time in 40 years, to hold him back.
It was only after 1994 election that Clinton developed his reputation as a moderate pragmatist who balanced the budget. He actually vetoed welfare reform 3 times before finally signing it under threat of override and, even then, vowed to overturn it the first chance he got. Now he hails it as his greatest acheivement when he did everything he could to stop it from happening.
The dems were elected to congress in 2006 to counter Bush, but they've gone nuts. Bush's biggest deficits were under the donkey congress.
So now with the Republican house Obama has....we are all saved. Whew! I thought we were fooked til you explained it to me.
And $14tn + $2.5tn is what?
Once you're on Geometric Progression Blvd., it's practically impossible to find an off-ramp.
It seems some of the Citizens don't understand that.
Boy are they going to get a surprise.
That is very close to explaining the Democrat desire for Monarchy.
They know what's good for you.
You don't need freedom.
You need a Democratic King.
Whats the difference between a Republican and Democratic King?
Nothing. They both steal your freedom.
Christ.
You just about get it.
Now go take back your Republic from both the usurpers.
CBS news tonight was carrying on about who would get paid and who wouldn't in the event of a stalemate. If you're living that close to the edge that you rely on the current check to carry you through then there's a much more serious problem (elderly excepted).
While I feel badly about people not getting paid, if you can't survive a tardy paycheck then you haven't sufficiently protected yourself from a bad economy.
It's not the first paycheck that will get most people but how many missing paychecks can they withstand?Half the country depends on either a government check or works for someone who depends on a government check. We are in for a serious awakening
Oh my God, will you all wake up?
Global Warming did it!
Have you been talking to MAXKEISER and Stacy Herbert?
Doesnt a debt based fiat money system, at this stage of its life cycle, require more and more borrowing to keep itself alive?
Yes.
Otherwise it dies.
Laughable D vs R ... who sucks worse debate. Divide and Conquer, works every time. Baaaaaaa.
...and why does any of this matter?
It was all pushed on the American people by those behind the scenes, wall street and other big monied interests.
Remember, when the fraudulent debt and the imbalances that created it destroyed the economy, that's when our fiscal house went into overdrive to create even more debt.
LBJ, Nixon, Ford, Carter, Reagan, Bush I, Clinton, Bush II, Obama....they all had a direct hand in destroying us.
Now that's true bipartisanship.
So now that we've been defrauded, and we have all this fraudlent debt on the books, how do we get out of it.
Do we
a) tea party dream cut everything to pay for the fraud?
NO
b) republican dream of lower taxes to create 'growth and jobs' (that won't be created) to raise tax revenues (that won't come) to pay for the fraud?
NO
c) democrat dream of printing money on silly things (some useful) and raise taxes to create revenue to pay for the fraud?
NO
INSTEAD......
YOU SAY...WE AIN"T PAYING THE FRAUD
Something the tea party dumbfucks don't understand
Something the republican dipshits don't understand
Something the democrats idiots don't understand
Plus any of those plans don't take into account wall street still has the keys to the car to crash it again because the structure hasn't changed
So
a) after the teaparty dumbfucks cut everything, wall street will take more
b) after the republican dipshits lower taxes (and some of the tea party stuff as well), wall street will take more
c) after democrat idiots raise taxes and do modest projects, wall street will take more
Negating any gain, that really wouldn't be created anyway...since their plans don't work
ONLY
GLASS-STEAGALL will change the game
How?
Alter the structure so wall street CAN'T fuck the game over...meaning anything gained from that point on, is gained
....and it will cancel the fraudulent debt that is choking us...so we don't have to raise taxes, don't have to cut needed programs, can invest in fusion, maglev, stuff that will help americans and their businesses prosper, and we won't have to print.
How fucking hard is that?
Seems to be if you're a dumbfuck, dipshit, idiot known as a tea partier, republican, or democrat, who are going down the lunatic path instead of passing the only thing that can right the ship.
Glass-Steagall
EVERYTHING ELSE IS A FARCE.
EVERYTHING ELSE IS BENDING OVER FOR THE BANKSTERS.....tea, republican, democrat, all have red assholes from bankster cocks...via THEIR OWN IDIOCY.
PAY OFF THE FRAUD? Only if you're an idiot known as a tea partier, democrat, or republican.
Have you got a machine that travels through time?
If not, stop talking shit.
We are here. Now.
be careful where you step, here, milord
what if he were to take up a habit less healthy?
rat you are replying to dead posts.
The only President missing from your list is often refered as one of the worst Presidents ever. Maybe Jimmy boy was the only one who had the integrity not to sell out.
Peanut farmer is in the list.
And it has not been editted.
What you been smokin brotha?
spending, BicheZ
~~by slewie the pi-rat~~
we need to spend more than we take in
ergo we need to borrow
via gilded notes
no sin
but nobody's got the green stamps
to fill the yawning maws of greed
so the FED must print the
whateverz
to fund the Treasury'$
legitimate need
but when you ask these same big spenders
just where did the money g00,000,000,000,000?
with palms upward, shoulders shrugged:
"how the fuk would we know?"
Klintoon, Bush, Bambam = the Three Stooges. I'll let you decide which is which.
Clinton
It's the Dubya-loving/Obama-hating Tyler Durden posting this one? I don't remember that Tyler.
Weak sauce--not because it's wrong, but because it's so blatantly cherrypicked.
One pretty obvious bit of trickery is to use the *average* annual spending figures from the Bush II administration so that only a fraction of the cost of Medicare D is included--it went into effect in '06, so at least 2/3rds of Dubya's administration didn't pay those bills.
Obama's administration has been paying them the whole time. It shouldn't be a big shock that when Congress enacts huge new entitlement programs that Federal spending goes UP.
In any event, it's certainly true that Obama's administration has overseen VASTLY more spending than Dubya's did, which is why it's so sad to see weird (partisan?) gerrymandering of the statistics by Tyler. Presenting the info clinically without using misleading statistics does a much better job of making the point.
Medicare part D had come in under budget until BOzo got his mitts on it. Do you not remember all those gray haired citizens getting on buses-going to Canada to buy their meds? Bush didn't like that visual...
Clinton
Takers vs. Payers
Let's get ready to rumble!
Everyone knows it... it is the first big crack in the biggest Ponzi scheme ever....
run, fucking run
Perhaps the time has come to use the Holy Hand Grenade. It's amongst the relics that Brother Maynard carries.
Wait a minute -- Brother Maynard? You don't suppose...
Nowhere to run too.
Nowhere to hide.
http://www.youtube.com/watch?v=fhcflDSUMvc
http://www.youtube.com/watch?v=RQRIOKvR2WM
He does make Bush look good....which is an incredible accomplishment.
What it all boils down to is that we are fighting over wealth that does not exist. We can't tax it because its not really there. We can't borrow it because its not really there. The government wants to spend it but its not really there.
So we can give bush an F, and give obama an incomplete. Bottom line though - the wealth isn't there. It can't be taxed and it can't be borrowed. It will be printed until "the economy" decides that it has had enough. I think we are very close to the end game on this. They are haggling over a 10 YEAR deal that will keep the lights on 4 MONTHS! (till they have to bump the ceiling again).
Wouldn't it be better to have a one year deal that corrects things for one year?
Lets take the ponzi out of politics.
The coolest thing about the innerwebz is you can write decades-old history yesterday.
Why limit your admiration to the internet? Surely you must be as big a fan of Photoshop as Barack Obama certainly is.
But let's not quarrel. As with all information, the question is one of credibility. If, for instance, you were to give an audio rebuttal of Tom Fife's story, it would be up to each of us to determine your credibility. Perhaps you're someone who has personally known the HNIC for a very long time, and you could convince us that Tom Fife is not to be believed. But as far as I know, except for your snide comment, you're a complete unknown and might very well be someone who has contributed to Obama's campaign. You might, in fact, be a communist, for all anyone knows.
Tom Fife, on the other hand, has given several lengthy interviews on the subject of his article, and it's by these interviews and his written account that we can judge his credibility.
Here, for your listening pleasure and as a mechanism for judging credibility, is 45 minutes with Tom Fife.
http://www.jrnyquist.com/media/FifeLeary_Int-1.mp3
And here, as always, is food for thought:
http://thefinalphaseforum.invisionzone.com/index.php?showtopic=44
Five minutes to read, a life timetime to think about.
I'm not interested, actually. I hate Obama and the sooner he's gone the better. I don't care about this Fife guy's stories.
If Fife is telling the truth and what he reported is 100% totally factually provably true, it will not affect my disgust with Obama in any way. If Fife is just some political hack engaging in hearsay skullduggery, I will STILL have the utmost contempt for Obama.
If you base your conception of the world on the claims and assertions of individuals, more power to you. It doesn't do much for me. I'm just a bit too skeptical to care what reality one guy describes.
I never took that Jesus guy too seriously either, you know?
Not that I expect anyone to believe me, but naw, I didn't donate to Obama. I voted for him, though. I could be a communist in the original "stateless" sense, leaning in the direction of Bakunin anarchism, but I've never been a party-member, comrade.
I do enjoy the irony of your raising such points, though, especially given that, to the best of my knowledge, you've never fucked a goat. As far as I know.
You should let people know upfront that you're 14.
14 is 98 in dog-years. One becomes wise at such an advanced age.
Just like all the unsourced emails I get from my most stupid conservative friends...the smart conservatives like to talk policy we go back and forth on analysis and facts, the dumb ones go on emotions, personal digs on certain politicians, and forward emails unevidenced emails like this. Often I get the exact same email contents, word for word, but attributed to different people, like this is from my friend who is a lawyer, next one is from a doctor of a different gender, no less, which leads to believe these are carefully scripted, anonymous messages from people in power who want to influence public opinion not via arguing facts, analyzing policy, what works, what doesn't but by pulling atbpeoples emotions, getting them fixated on a politicians personal traits, not what they do or don't do.
If "they" put Obama in to be a communist, "they" should ask for their money back, and fire him,he didn't even try to promote Canadian style, Medicare for all single payer health care.
Obama is the tool of the elite bankers, not closet socialist, and unfortunately, so was W, and so would have been McCain been. We are centrally controlled economy, but not by the state, but by the banks
This story has been floating around the net for years. Good story though.
Shut the fuck up all of you. Are you all so blind that you can't see the policies, both foreign and domestic, are exactly the same?
Who gives a fuck who is the biggest fuckup? Do they get another prize being more of a fuckup than the other?
They are and were fuck ups all their lives so voting them into the highest office was going to turn them into something they never were? Honest, intellingent and hard working never appeared on either of those dopes resumes.
Nope their resumes said opportunistic, junkie, retard, drunk, draft dodger, liar, religious flip floppers etc etc.
I wouldn't give them responsibilty for my mother in law or her cats and I don't care too much for any of those critters.
Excellent rant.
This is the best commentary I have read all day:
http://www.humanevents.com/article.php?id=45175
Our problems are NOT a Democrat-Republican issue. Wake up!
The Global Bank Cartel wants us to bicker over two failed and crooked parties...
It amazes me, the stupid that permeates even here in ZH.
1. Obama took office when?
2. Obama’s first budget was passed when?
3. For you really stupid people, Bush’s last budget ran out when?
So.. the writer of this story is full of shit and picked the dates that suited him.. now let’s all go vote republican!
I will use a word stolen from another poster here.. the Remocrats are in on it together! They are ALL Lobby Whores! They are ALL Owned by the Banks! But more so by the Jews! Anyone that would like me to source and site the numbers again? I am happy too!
http://www.opensecrets.org/usearch/index.php?q=jewish&cx=010677907462955562473%3Anlldkv0jvam&cof=FORID%3A11#873
I would say get a clue or read or not be so fucking stupid but I have given you fucking monkeys the answers to almost all the tests and very few of you are the better for it.. Most of you are still talking about feelings.. how it makes you feel thus it most be correct, there is no learning curve for some / most because they are truly inferior. The shallow end or the wanna be not so shallow end does not follw any kind type of logic with regard to sourcing and then sharing the real problems or the truth.
It is all My Team is better because Your Team is…
Nothing will ever be resolved lobbing blame-Bush and blame-Obama grenades at one another. Just leads to exasperation and intensification of ideological silos.
The current state did not appear suddenly in the past two administrations. It is an extension of a bad mix of some basic tenets. Fractional reserve banking, coupled with a move to unbacked/fiat currency and near-zero to negative real interest rates have made for free-flowing credit. That credit has been feeding an insatiable appetite for "stuff" (consumers) and power (politicians) for decades.
The collective discipline/will to shut the spigot off has evaded us, and the power structure in D.C. and the banks precludes an incursion by sensible people.
And so while the foundation of the edifice is crumbling, TPTB keep tacking on higher and higher floors. War floors, entitlement floors, bailout floors, whatever.
I just can't be bothered any longer with determining who was "less" at fault for the debacle that will put to shame any prior....
yeah
i'm trying to remember what it's like to have enamel on my teeth...
...but i can't find my teeth...
i think it's just the nature of the political polemic polecat for people to try to have parades, or something, snoop_beagle. somebody says something and it's like at the national convention----must have a floor show and balloons
i'm trying to be charitable...
...but somebody stole my wallet...
my dad (god rest his soul) always said, "the more you have, the more you spend."
This kind of comparison is fully useless from my view..
Indeed, Rep, Labour, right, left, Democ...are all pursuing the global agenda. This agenda is the only one that allows the global elite to grow their wealth !
The deficits are necessary to give some bread to the plebe and to pay for the guns that will defend the assets of the elite in case of problems abroad...
This spending game will last until we got hyperinflation a war or ...both.
This article say's it all. http://startthinkingright.wordpress.com/2011/07/28/who-spent-more-average-bush-vs-average-obama-spending-per-day-proves-obama-most-reckless-and-irresponsible-ever/
Maybe it does not say it all, most govt spending is automatic and automatically gets,way bigger in recession, more people qualify for UI,food stamps under existing laws. In a recession, more people retire early and collect Soc Sec sooner, but still under existing benefit options, exiting law. Medicare costs (and private insurance costs too) keep inflating faster than anything else, so this spending, at same benefit level will always be more costly for next guy unless a new policy is implemented. So, what if we also consider how the costs or savings from a President's New policies that they implemented, laws they got passed. The we get some other facts, that say something, also,...this graph does not say it all either, but it says something, more than nothing, http://graphics8.nytimes.com/images/2011/07/24/opinion/sunday/24editoria...
Also this other article by not-so-liberal Wash Times, about Obama And Ws comparative success at cutting wasteful spending says something more, http://www.washingtontimes.com/news/2010/jan/14/obama-wins-more-cuts-in-...
And when do you start count? before Bush could enact one policy he was still benefitting from Clinton surplus, and first 6 months of Obama administration, he was still paying for things Bush put into place, like TARP, foreign wars etc...
And what about who controls congress? do you judge the President only when his party has control of Congess also?
We executed Japanese soldiers for doing what Cheney authorized. I'm sorry, but what did Republi-Ken write that wasn't factually accurate?
OMG, I read the HL Shancken story further up, and I was amazed, as I have a similar, equally unverifiable and unbelievable story, that will no doubt prove my ridiculous conclusions. Seriously, if we can just keep this between us, I remember back in Dallas in 1991, I was complaining about how awful George H.W. Bush was as President, when someone said "sssh, don't worry, we have a secret plan to screw the bottom 99% of the population, just as a joke, we will get that dumbsh_t George W. to be President."
Needless to say, Jim Baker almost split a gut laughing at the idiocy of the whole idea, but wouldn't you know it (never underestimate the stupidity of the American public) the far-right moneymen got behind the utter failure that was Shrub and after a few modified electronic ballots and some other unpleasantness - WALLAH! GW Bush wins! GW Bush was born on third base knowing he must've hit a triple!
Anyways, the rest is history. We went into Afghanistan and Iraq and we won...oh, wait, we're still there, even though we beat the Nazis in 3 1/2 years or so, apparently we can't take out 19 Saudis with box cutters in 10 years...God bless America!
I must not think bad thoughts.....
the facts we hate we'll never meet walking down the road everybody yelling "hurry up, hurry up!" but im waiting for you i must go slow i must not think bad thoughts when is this world coming too both sides are right but both sides murdered i give up why cant they i must not think bad thoughts the civil wars and the uncivilized wars conflagrations leap out of every poor furnace the food cooks poorly and everyone goes hungry from then on its dog eat dog dog eat body & body eat dog i cant go down there i cant understand it im a no good coward & an american too a north american that is not a south of a central or a native american oh i must not think bad thoughts im guilty of murder of innocent men innocent women innocent children thousands of them my planes my guns my money my soul my blood on my hands its all my fault i must not think bad thoughts i must not think bad thoughtsthe facts we hate youll never hear us i hear the radio its finally gonna play new music you know the british invasion but what about the minutemen fleasheaters doa big boys and the black flag were the last american bands to get played on the radio please bring the flag? please bring the flag! glitter-disco-synthesizer night school all the noble savage drum drum drum astronauts go back in time to hang out with the cave people its about time its about space its about some people in the strangest places woody guthrie sang about b-e-e-t-s not b-e-a-t-s i must not think bad thoughts i must not think bad thoughts the facts we hate
So luk427's view is that dying of Ebola is better than dying of Rabies? What a frickin' shill for the Republicans.
Can't we all just agree that both parties are either in the tank for the insurance companies/drug companies/banksters or the unions/trial lawyers/banksters?
After all, except for Ron Paul and Bernie Sanders, every freakin' politician is a whor_ for the banksters.
God bless America, and God Bless Jamie Dimon.
Is this a comparison of Bush 1 vs. Obama or W vs Obama? The text is mentioning a comparison of Bush 1 via Obama.
as wealth dispartiy increases you would expect to see wealth transfer increase. instead of blaming Obama, the blame for this factor should also fall heavily on the fed which doesn't believe in real interest rates.
I would imagine this transfer number doesn't include the amounts given to industry by thye government etc. bond garuntees, low interest rates. I believe the amount stated by the tarp inspector was about 14 trillion (could be 30 plus I forget).
very slanted perspective. if government and monetary policy hadn't been dedicated to killing the middle class and poor for thirty years the wealth transfer wouldn't happen. shipping jobs to china, etc.
Yeah, they distract us with Obama v Tea partiers battle over debt ceiling, maybe cutting a trillion or so, meanwhile FED audit is released showing the FED printed $13 trillion and gave it to foreign and domestic banks during financial collapse. Budgets are for little people. And no mainstream media is reporting on this trillion dollar rip off, because we have a "debt crisis" to cover. joke.
I bet all of those snarky, shit-assed Obama supporters who were caught up in the hope and change frenzy only a few years ago are really going to feel like silly geese when their paycheck, if they're lucky enough to still have one, is continually ground into dust. I like to envision some Rachel Maddow looking bitch with a Barry O t-shirt on, crying hysterically and farting into the gas tank of her Prius, saying, "please work, please work! I'm so hungry!"
It pays to not be a dumbshit.
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