Blah, blah, blah

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Fools

White House and the Congress predict record deficits. Great. The story goes on to explain that they both use different accounting methods, and came up with slightly different numbers, but that they both predict deficits on the order of "we are screwed". No kidding. My 3rd grader predicted the same thing.

Now for the big question. If we are approaching record deficits, should we spend more or less money? I am speaking about the govt now. Should they spend more or less over the next few years? In most homes that are seeing drop in income, and an increase in what they owe, the obvious answer is to reduce spending. Our lawmakers never seem to see it this way though.

They will speak of how some have it so bad, and how we the people must give till it hurts, and how we must ration this and that, and how we should feel guilty if we even have a job, and ...you get the picture. But, they never seem to mention any type of program cuts. They never seem to get to the "this is what we are going to cut" part of the logic. Oh, we have less money. Then lets spend more. Oh, the citizens are broke and making les money. Then lets tax them more.

All of us in rational land are able to comprehend what less money to spend means. Most of our Marie Antoinettes in DC apparently either do not understand basic economics or do not care.

Myself and a whole lot more people in this country have had our fill of these fools.

Comment balloon 7 commentsKevin Robinson • August 25 2009 11:09AM

Comments

I've had my fill. Kevin you should seek out the local 912 Coalition and join and get as many like minded people to join too.

Posted by Rick Cordisco, Pocono Real Estate Professional (Pocono Mountain Lakes Realty ) about 8 years ago

I read a great quote today!!

"What separates a politician from a normal human being is an excessive amount of gall." -- Charley Reese

Posted by Alice Linahan (Voices Empower ) about 8 years ago

Start by tallying the 12 billion a month that was spent in Iraq from 2003 on and the billions in Haliburton contracts that were never fulfilled. Not to mention the billions of unaccounted dollars that just vanished in Iraq. I can see why you've had your fill.

Posted by Nogui Aramburo, Real Estate Professional in the Raleigh Area (Linda Craft & Team, REALTORS®) about 8 years ago

Great point, Nogui.  So, the way to pay off the debt incurred by the previous administration is to spend several trillion more dollars that we don't have.  Brilliant!  I like your logic!

Posted by Patrick Scott (OConnor Title Guaranty, Inc.) about 8 years ago
No I'm just saying it's a bit hypocrtical to blame this administration now when back then when Bush was invading Iraq using cooked up intelligence from his neocon cabal and his massive spending, I don't recall anyone sayin they had their fill then. But maybe that kind of spending was okay in your eyes?
Posted by Nogui Aramburo, Real Estate Professional in the Raleigh Area (Linda Craft & Team, REALTORS®) about 8 years ago

Noqui- I do beleive that President Bush and his administration did some overspending. It seems that many of the last few did the same. But none have been on the order of this one. Patrick makes a great point. OK Bush overspent. Does that make it right to spend even more?

Posted by Kevin Robinson, Fractional Developer about 8 years ago

A trillion dollars is 100 million times 100 million.  12 billion a month since the Iraq war represents what percentage of 9 Trillion dollars?  it is a drop in the bucket.

Fixing past mistakes with uncontrolled spending is not the answer.

How much do you think Viet Nam cost us? 

http://articles.latimes.com/2009/apr/11/nation/na-iraq-vietnam11

The adjusted cost in today's dollars was over $686 billion and 58,000 American lives.  Viet Nam was escalated to a war by a Democratic President Lydon Johnson. 

It appears Lyndon Johnson's political career was financed by KBR a subsidiary of Halliburton.  Johnson used the Gulf of Tonkin incident to escalate the war after the death of JFK.  The benefactors?  KBR.

This article regarding KBR is interesting read covering multiple Presidential Administrations.

No administration regardless of party is perfect.  We need to deal with the problems of the present, not the mistakes of the past. The past is unchangeable.  The future is not.

Posted by Bonnie Vaughan, CNE SFR - Buyers/Sellers - Lackawanna & Surroundin about 8 years ago

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