Holy Crap! Even AP is freaking out about the deficits

TGregg

TGregg

WOW! The Associated Press has long been a supporter of big government and the democratic party. But even they are concerned about this.

Wow.

Most red ink ever: $9 trillion over next decade

WASHINGTON – In a chilling forecast, the White House is predicting a 10-year federal deficit of $9 trillion — more than the sum of all previous deficits since America's founding. And it says by the next decade's end the national debt will equal three-quarters of the entire U.S. economy.
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http://news.yahoo.com/s/ap/20090826/ap_on_go_pr_wh/us_obama_economy
 
what's even more troublesome is most of that money was given to Banks without any accounting.

Give the sheer size of the theft/robbery/fleecing of the middle class by Wall street bakers, it worries me people are more worried about a measly govt. option health care plan.
 
Quote from fkbsuhites:

what's even more troublesome is most of that money was given to Banks without any accounting.

Give the sheer size of the theft/robbery/fleecing of the middle class by Wall street bakers, it worries me people are more worried about a measly govt. option health care plan.
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Deep down, a lot of Republicans are still for big banks, big insurance companies, big pharma and the big shot doctors keeping them alive.

They would rather keep a broken and costly health care system than break with their base and self interest.
 
Corporate welfare Republicans just love Bernanke, as they should.

The United States of America is turning into the first 'capitalistic democracy' that socializes corporate losses and privates corporate profits.

Congrats, Mr./Ms. Taxpayer! You get to participate in funding bank/corporate losses but will never see a dime of the billions in bonuses paid out to execs.

Sucka!
 
Its Government for and by Industry.

Special Interests get their men elected. In return, Congress pass legislation that favors, protects, or even bails out, their donors !

Its a parasitic "Old Boy" network of Aristocrats. The Political and Industrial Elite keep each other in power by stealing the labors of regular Americans.

Hence:

1018963718_85c5050c8d.jpg
 
It is obvious only lower taxes or a bigger deficit is the only thing that can ever lead to reduced wealth distribution that is either just or unjust.
 
Quote from achilles28:

Its a parasitic "Old Boy" network of Aristocrats. The Political and Industrial Elite keep each other in power by stealing the labors of regular Americans.
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Can someone please put up a link to a website that shows how become a member of 'The Club'. I want a piece of the pie.
 
http://en.wikipedia.org/wiki/Bohemian_Grove

You'll have to enjoy drinking red wine from human skulls , fornicating with male cadavers and chanting to Moloch or Baal. You can choose.

Interesting side note: Ancient depictions of Baal look exactly like Bush Jr.



Quote from Vista:

Can someone please put up a link to a website that shows how become a member of 'The Club'. I want a piece of the pie.
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