> Nananah! You yourself said bush spent 1.3trillion in firecrackers, and > that Obama was spending 1.4trillion in the rescue. Then you accept the > rescue's fault is both's responsibility. I accept (for the sake of > going > on with life) your argument and add things up, that gives me Georgie = > 1.3+0.7 = 2 trillion while Obama = 1.4/2 = 0.7 trillion > So stop trying to sell snake oil and go out and get a job old man.
Bush war spending over 6 years and new prescription drug entitlement: $800 bil. ($1.4 trillion with interest) $400 bil. ($700 billion with interest) ---- $2.1 trillion Obama in his first month: $790 bil. ($1.3 trillion with interest) $410 bil. ($700+ trillion with interest) $2.5 tril. (Geithner's bank bailout plan--no idea what the interest on that will be) $1.75 tril. (proposed budget deficit for next year ONLY, which he TOTALLY owns) ----- $2 trillion with interest on the first two items plus another $3.25 trillion, the interest for which I'm not sure how much it will be, on the last two---already over $5 tril. The TARP funds of $750 bil. they both mutually own, so I factored it out. And he's only just getting started. You need to take some remedial arithmetic, scratch your eyes and do some math. Obama's spending plans are appalling for no clear payoff, other than political benefits to his party for doping the system with lethal doses of monopoly money and then spending them on things that will NOT inject capital into the economy but rather pay off politicians. The Chinese won't be financing this farce much longer, and when they bail on the Treasuries, the farce of his "stimulus" package will be manifest. It was after Obama's stimulus package passed that the Chinese really started grumbling because they see all he's doing is hitting the gas as the bus heads straight for the cliff. - Bob _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[email protected] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
