Thank you, President Bush, page 7
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reply posted on 13-8-2008 @ 03:40 AM by mattguy404
Uh... I don't know if anyone's been keeping abreast of current events.

edition.cnn.com...

www.fool.com...

ml-implode.com...

www.thetrumpet.com...

money.cnn.com...

news.bbc.co.uk...

blog.cleveland.com...

Conservatives prefer a free market solution to almost everything. If that is the case, why is the US government lending billions upon billions to juggernaut lenders - that seems like some drastic tampering with the free market if I ever did see one.

Why, one could call it 'socialized' banking.


reply posted on 13-8-2008 @ 03:48 AM by mattguy404
Originally posted by TheInformer
Thank you President Bush for the flourishing economy and low deficit.


US budget deficit soars to $US103b



news.theage.com.au...

US budget deficit to reach $440b



Factors behind the deficit increase include the cost of the war in Iraq and problems in the housing market that prompted a wider economic slowdown.


www.abc.net.au...

U.S. Budget Deficit Hit $102.77 Billion in July



WASHINGTON -- The U.S. government's budget deficit nearly tripled in July from a year earlier, pushed in part by aftershocks from failed financial institutions.

The Treasury Department on Tuesday said the government ran a monthly deficit of $102.77 billion in July, up 182% from $36.45 billion in July 2007.


online.wsj.com...


...eh?

[edit on 13-8-2008 by mattguy404]


reply posted on 13-8-2008 @ 04:06 AM by Cool Hand Luke
Originally posted by mattguy404
Originally posted by TheInformer
Thank you President Bush for the flourishing economy and low deficit.


US budget deficit soars to $US103b



news.theage.com.au...

US budget deficit to reach $440b



www.abc.net.au...

U.S. Budget Deficit Hit $102.77 Billion in July



WASHINGTON -- The U.S. government's budget deficit nearly tripled in July from a year earlier, pushed in part by aftershocks from failed financial institutions.

The Treasury Department on Tuesday said the government ran a monthly deficit of $102.77 billion in July, up 182% from $36.45 billion in July 2007.


online.wsj.com...


...eh?


Hot dog!! I have been waiting for someone to use the classic "deficit spiraling out of control" talking point.

1. Pay Down the Federal Debt
With the advent of surpluses, the United States has begun to make real progress in paying down its debt. During 1998–2000, debt held by the public fell from $3.8 trillion to $3.4 trillion—a $363 billion drop. By the end of this year, more than $200 billion in additional reduction is due to be achieved.

The President's plan will accelerate this trend to record rates by retiring an historic $2 trillion in debt over the next 10 years. Under the President's budget, the national debt will be only seven percent of Gross Domestic Product (GDP) in 2011, its lowest share in more than 80 years. (See Chart 1–1.)




Source



Source

There is also a debt to gdp clock on that last source and a lot of good articles to make you think. Nah but I doubt you'll read it.

The thing about listening to what CNN, NBC etc have to say about the economy is they never talk about the gdp. They only tell you how big the deficit is. Why do they always leave the gdp out?

Well it is election season and the other party has to use these fear tactics to discredit their opponent. But you don't believe everything you hear on television do you?


reply posted on 13-8-2008 @ 04:38 AM by mattguy404
Originally posted by Cool Hand Luke



Source



Well, I wouldn't have used the White House's own figures to prove a point - that seems a tad biased.

GDP is just one way of measuring a country's economy, and it can be used to prove almost anything a government wants.

GDP doesn't measure the sustainability of growth - growth has obviously been slowing in the US.

If everything was as peachy as the GDP indicates, why on earth is there the stimulus package?

Are you saying that the three separate sources I've used are liberal biased media?

If so, I would imagine that using the White House's own figures are biased as well.


reply posted on 13-8-2008 @ 04:53 AM by Cool Hand Luke
Originally posted by mattguy404

Well, I wouldn't have used the White House's own figures to prove a point - that seems a tad biased.


You are absolutely right. But you have to understand I'm suffering from a little bit of insomnia right now and it's making me a little lazy. The point is is that things aren't as bad as the media makes it out to be.

I don't really blame the media because they are doing there job sensationalizing everything in order get ratings and sell papers.

GDP is just one way of measuring a country's economy, and it can be used to prove almost anything a government wants.


Agreed but it works both ways. Biased media can also sensationalize in either direction to prove their point.

GDP doesn't measure the sustainability of growth - growth has obviously been slowing in the US.


Agreed but not nearly as much as the doom sayers make it out to be

If everything was as peachy as the GDP indicates, why on earth is there the stimulus package?


The reason the government gave that stimulus package was because spending went way down real fast because of the price of oil and the mortgage crisis. It is what it is, just a little shot in the arm that seem to have worked.

Correct me if I'm wrong, the stimulus package was not Bush's idea, I believe it came from congress.

Are you saying that the three separate sources I've used are liberal biased media?


I am saying that all media is biased. Fox leans obviously to the right and CNN, NBC etc tend to lean left.

If so, I would imagine that using the White House's own figures are biased as well.


Agreed if want I will find you some other sources, but right now I'm a zombie.



BTW this was taken at 5:00 AM from here. Can somebody refute these numbers?

[edit on 13-8-2008 by Cool Hand Luke]

[edit on 13-8-2008 by Cool Hand Luke]



reply posted on 13-8-2008 @ 05:26 AM by VDOG.45
Originally posted by mattguy404
Yes, thanks George. Thanks for being on my favourite 'pull my finger' t shirt. Thanks for all the golden moments where you could hardly form a sentence and have given us all a great laugh while we thought "hey, this guy is the most powerful person on the planet..."

But most of all... Thanks for keeping the oil flowing and highly profitable! We could not have done it without having almost 100,000 people killed in bloody violence and having millions of people displaced from Iraq.

Not to mention the 4,000 or so young Americans that have been sacrificed in the process.

But hey, I guess that's where having been an oil boss and having almost everyone on your team coming from an oil background helps.

[edit on 13-8-2008 by mattguy404]


Some people are Ungrateful to live in Freedom, including the freedom to die on the road, let alone fight and die for someone elses Freedom!

let's see now, US Traffic Fatalities 2003 to 2004 - only 4 Years worth of statistics -

2003 - 38,477 Traffic Fatalities
2004 - 38,444 Traffic Fatalities
2005 - 39,252 Traffic Fatalities
2006 - 38,588 Traffic Fatalities

Total Traffic Fatalities in the United States ..... 154,761 live lost in Vehicular deaths in 4 years.

Now you Tell me... What is worse? War or driving a stupid vehicle!!!

You can review the facts here from the Department of Trasportation:

www-fars.nhtsa.dot.gov...

And yes, I have fought and bled for your and others Freedom.

God Bless the USA...

VDOG.45


reply posted on 13-8-2008 @ 05:26 AM by ixiy
reply to post by mind is the universe


Appearing intelligence boost conifidence and morale in the people, acting stupid gets the opposite result, something which the presidents of countries all over the world try to do, except the current United States President.

While Bush Jr appears to be intelligent in his early years, he appears stupid later on.

You believe that this act maybe delibrate, I have another theory.

I do not think the stupidity act is delibrate, I believe that there is a possiblility that there may have been brainwashing techniques being used on Bush Jr in order to create a loyal puppet but could have unintentionally damaged his brain in the process.

He's just a damaged puppet now.

my 2 cents.

_____________________________________________________________

(on the topic, to everyone)

Thank you, Bush Jr.

Thank you, Hitler.

Thank you, Saddam.

Ignorance is a bliss.

Having trouble swallowing the red pill?

(sarcasm)

[edit on 13-8-2008 by ixiy]


reply posted on 13-8-2008 @ 05:29 AM by mattguy404
reply to post by VDOG.45


Woa, easy there.

No one has fought for my freedom but my fellow Australians.

If an American has to fight for the freedom you're talking of, then I don't want that freedom and I don't want them to fight for it.

[edit on 13-8-2008 by mattguy404]


reply posted on 13-8-2008 @ 05:51 AM by Agit8dChop
reply to post by ixiy


im with ya on that, he has displayed signs of being something not completely under his own control, in my opinion.

The result is confusion, most of the time, his real mental ability to lie, conflicting with the fact he's being told this to be truthful, yet has to lie about it somehow.


Who knows what level the US government managed to scientifically master manipulating the human brain.

This only leads me to one question, is it the whole family?... or are they in on the 'show'
?

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