quote:

Originally posted by Groundhog Boy I'm just curious, what is the Republican view on the banks doing "universal default?" In the way our system has worked, you fail to pay Citi for a credit card and just pay BoA, you're getting slammed by both for increased rates.

I don't know dude. Who is advocating universal default?

quote:

Originally posted by jonSun That graph is not accurate. 2009 was President Bush's budget.

Wrong again. The Congress put an extension on it, waiting to pass it after Bush was toast.

quote:

Originally posted by jester If you move to Canada and still are a US citizen. The IRS still can tax you. Read There is even a story, this woman was born in the US but has been living in Canada for 50 years and the IRS is going after her. Even though she never lived a day of her life in the US. So if you do come here, cut off all ties to the US.

Really???

My father, born in Poland, came to the States. Became a citizenship through serving in the military, said fuck it and left for Canada. Nothing was ever done about it. My purpose for going back to Canada would be to leave this shithole behind.

I served in the army, and yes, I think this country is great comparing to the ones that I've been in overseas. But as a leader in the free world it is not setting the standard that I want to be a a part of when other choices (Canada) seem to be a better fit.

The education is not a priority, injustice is a constant and our government is self mutilating each and every citizen's pockets and households through its own agendas and motives. Yes, this country is the land of opportunity. But it's senseless to be in the position that we're in because of these puppets that have proceeded in their own processes of trying to establish their own power and individual gain.

You are aware that we're only at $14.5 trillion in debt. How did Obama triple the debt, when at Reagan it was already about $3 trillion? By the end of Bush, we were already north of 14 digits in the debt.

___________________
"Go back to bed america your government is in control
Here's American Gladiators, here is 56 channels of it,
Watch these picturary retards bang their fuckin' skulls together and congratulate you on living in the land of freedom,
Here you go America you are free to do as we tell you
We want your soul
Your cash, your house, your phone, your cash, your house, your life" -Adam Freeland - We Want Your Soul

quote:

Originally posted by Groundhog Boy You are aware that we're only at $14.5 trillion in debt. How did Obama triple the debt, when at Reagan it was already about $3 trillion? By the end of Bush, we were already north of 14 digits in the debt.

tripled the DEFICIT. He merely doubled the debt in 2 years

quote:

Originally posted by The17sss I don't know dude. Who is advocating universal default?

You are aware of what a universal default means when it comes to credit cards, right?

http://en.wikipedia.org/wiki/Universal_default.

You think that other countries and ratings agencies won't do the same?

The problem with the Teabaggers is that they can't understand microeconomics (their checkbooks) vs. macroeconomics (the larger, converse side of those).

___________________
"Go back to bed america your government is in control
Here's American Gladiators, here is 56 channels of it,
Watch these picturary retards bang their fuckin' skulls together and congratulate you on living in the land of freedom,
Here you go America you are free to do as we tell you
We want your soul
Your cash, your house, your phone, your cash, your house, your life" -Adam Freeland - We Want Your Soul

quote:

Originally posted by Groundhog Boy The problem with the Teabaggers is that they can't understand microeconomics (their checkbooks) vs. macroeconomics (the larger, converse side of those).

Dude... what are you talking about? They supported the only debt reduction bill (CC&B) that was, as I said on the last page, guaranteed by all ratings agencies to avoid a credit rating downgrade if passed. The only one. Stupid Teabaggers!

___________________

quote:

Originally posted by The17sss Wrong again. The Congress put an extension on it, waiting to pass it after Bush was toast.

FYI

quote:

Originally posted by The17sss Dude... what are you talking about? They supported the only debt reduction bill (CC&B) that was, as I said on the last page, guaranteed by all ratings agencies to avoid a credit rating downgrade if passed. The only one. Stupid Teabaggers!

With no revenues...which also would have appeased them.

No one advocated tax increases now. They advocated them in the future, when recovery had happened.

Instead, we're going to cut now, which is an economic hindrance. I love to hear Republicans talk about creating jobs, while removing government jobs. Apparently, those aren't "real."

And I will say, as much as I want Pentagon/war spending to decline, those will cut both public & private sector jobs.

___________________
"Go back to bed america your government is in control
Here's American Gladiators, here is 56 channels of it,
Watch these picturary retards bang their fuckin' skulls together and congratulate you on living in the land of freedom,
Here you go America you are free to do as we tell you
We want your soul
Your cash, your house, your phone, your cash, your house, your life" -Adam Freeland - We Want Your Soul

quote:

Originally posted by Nrg2Nfinit FYI

The Democrat Congress demanded and Bush agreed that Obama and the Democrats would be responsible for the 2009 budget. The budget was signed into law on March 11, 2009. The Omnibus Appropriations Act, 2009 (H.R. 1105, Pub.L. 111-8), signed into law on March 11, 2009 is NOT the federal budget (if that's what you are getting at).