Obama Raids Federal Pension To Continue Funding Radical Spending Policies

Patranus

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Apr 15, 2007
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senseamp

Lifer
Feb 5, 2006
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They'll have to be repaid in full, by law, when GOP comes to its senses. BTW, the GOP voted for the budget that is currently in place creating these deficits.
 

Patranus

Diamond Member
Apr 15, 2007
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Yeah, all those radical spending policies like national defense, police and fire, infrustructure, social security, etc.

Watch FOX more. :rolleyes:

I don't care who the President is, when you increase the national debt by 40% over 2 years your spending policies are radical.
 

BeauJangles

Lifer
Aug 26, 2001
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I don't care who the President is, when you increase the national debt by 40% over 2 years your spending policies are radical.

Most Americans bitch and moan about how much money we spend, but in polls they refuse to support cuts in spending to entitlement programs and to the military -- the two biggest drains on our country's coffers. What exactly do you want the President to do? Nobody supports cutting the spending that needs to be cut.

Limiting medicare and SS would be a great start toward putting this country back on track. Scaling back defense spending would help too. But everyone wants to have their cake and eat it too.
 

HendrixFan

Diamond Member
Oct 18, 2001
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Limiting medicare and SS would be a great start toward putting this country back on track. Scaling back defense spending would help too. But everyone wants to have their cake and eat it too.

Medicare and SS are self funded and have been for quite some time. Cutting back in those areas only frees up more "surplus" to raid, leading to the future insolvency of the programs. Which is exactly why those programs are ticking time bombs to begin with.
 

LegendKiller

Lifer
Mar 5, 2001
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I don't care who the President is, when you increase the national debt by 40% over 2 years your spending policies are radical.

First off, as already said, one of those budgets was passed before he even took office. The tax cuts, which should have expired, were before he took office and he continued them to get his own deals. The wars were started before he took office. The economy, which shit the bed before he took office, caused more debt and bailouts.

You are a fucking loser shill.
 

Jhhnn

IN MEMORIAM
Nov 11, 1999
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I don't care who the President is, when you increase the national debt by 40% over 2 years your spending policies are radical.

Extremely inaccurate, intentionally so, obviously. The 2009 increase of nearly $2T was on Dubya's watch, and is larger than any following so far. Debt increase by ~12% in 2010, and is expected to increase by ~ the same amount in 2011. That's not 40%.

http://www.treasurydirect.gov/govt/reports/pd/histdebt/histdebt_histo5.htm

The debt is a serious issue, but lying about it doesn't help.

Nor does the joke of a budget that House Repubs put forward, either.
 

Matt1970

Lifer
Mar 19, 2007
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They'll have to be repaid in full, by law, when GOP comes to its senses. BTW, the GOP voted for the budget that is currently in place creating these deficits.

Getting a clue must not be in your agenda. The GOP almost caused a civil war trying to cut $33 Billion from Obama's $1 Trillion+ Budget deficit.
 

Patranus

Diamond Member
Apr 15, 2007
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The first year's budget was passed before he took office.

Yes, that budget had a 480 billion dollar deficit with radical "emergency" spending passed later.

Once Obama entered office Obama took that "emergency" spending and built it into future budgets.


Extremely inaccurate, intentionally so, obviously. The 2009 increase of nearly $2T was on Dubya's watch, and is larger than any following so far. Debt increase by ~12% in 2010, and is expected to increase by ~ the same amount in 2011. That's not 40%.

http://www.treasurydirect.gov/govt/reports/pd/histdebt/histdebt_histo5.htm

The debt is a serious issue, but lying about it doesn't help.

Nor does the joke of a budget that House Repubs put forward, either.

GWB left office in Jan 2009.
The national debt was 10.6 trillion.
The structural deficit in the budget was 407 billion.

Right now it is 2011.
The national debt is at $14.6 trillion.
The structural deficit in the budget is $1.65 trillion.

Total expenditures in the 2009 budget were $3.1 trillion.
Total expenditures in the 2011 budget are $3.82 trillion.

Now, we have an increase in the structural deficit but that is somewhat irrelevant because some things are done off the books. That is why looking at increases in the national debt is the most telling and the simple FACT of the matter is that it has gone up 40% since Obama entered office.

Hell, its almost doubled since the Democrats took control of capital hill in 2007.

Nice try though.
 
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HendrixFan

Diamond Member
Oct 18, 2001
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Getting a clue must not be in your agenda. The GOP almost caused a civil war trying to cut $33 Billion from Obama's $1 Trillion+ Budget deficit.

I'm no fan of Obama or these lame Democrats that roam around doing nothing, but that is hardly an accurate statement. Aside from the "civil war" hyperbole, the Democrats agreed to the $30B in cuts pretty quickly. The Republicans ticked it up, playing a game. Democrats called them out on it and public opinion sided with them.
 

HendrixFan

Diamond Member
Oct 18, 2001
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Yes, that budget had a 480 billion dollar deficit with radical "emergency" spending passed later.

Once Obama entered office Obama took that "emergency" spending and built it into future budgets.

Fair enough. Care to revise your statement to reflect these new facts you are bringing to light?
 

Jaskalas

Lifer
Jun 23, 2004
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Yes, that budget had a 480 billion dollar deficit with radical "emergency" spending passed later.

Once Obama entered office Obama took that "emergency" spending and built it into future budgets.

Government run economies require emergency spending every year.

Obama gave a speech to offer his compromise to Republicans, tax more, cut less. Now the Republicans are forcing the Dems to raid pensions to continue their government run economy. It's a wonder who the people will blame, the pension raiders or those who forced their hand?

No doubt the media is in full force pinning the tail on the Elephant.
 

Patranus

Diamond Member
Apr 15, 2007
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Government run economies require emergency spending every year.

Obama gave a speech to offer his compromise to Republicans, tax more, cut less. Now the Republicans are forcing the Dems to raid pensions to continue their government run economy. It's a wonder who the people will blame, the pension raiders or those who forced their hand?

No doubt the media is in full force pinning the tail on the Elephant.

I love it.
The "republicans" are forcing this.
Just like the "republicans" were going to force the shutdown.

Laughable.
 

HendrixFan

Diamond Member
Oct 18, 2001
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I love it.
The "republicans" are forcing this.
Just like the "republicans" were going to force the shutdown.

Laughable.

Well, they don't really have much of a leg to stand on making claims of fiscal conservatism. They had the WH and Congress but did nothing to reign in spending, they just cut taxes. This spending cut mantra is new, so it does seem hard to accept it as genuine.
 

senseamp

Lifer
Feb 5, 2006
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Getting a clue must not be in your agenda. The GOP almost caused a civil war trying to cut $33 Billion from Obama's $1 Trillion+ Budget deficit.

They voted for the current budget. Now they gotta pay for it.
 

Matt1970

Lifer
Mar 19, 2007
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They voted for the current budget. Now they gotta pay for it.

Ya gotta love it. Cut $33 Billion from Obama's $3.8 Trillion budget and it's the GOP's budget. You really have fallen off the deep end.

That seems par for the course with Liberals. $1.6 Trillion in deficit spending is just fine but cut $33 Billion and the GOP is villians.
 

senseamp

Lifer
Feb 5, 2006
35,787
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Ya gotta love it. Cut $33 Billion from Obama's $3.8 Trillion budget and it's the GOP's budget. You really have fallen off the deep end.

That's what GOP House voted for. Now they have to pay for it, not play games with US credit worthiness.
 

Corn

Diamond Member
Nov 12, 1999
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LOL, more good news from Obama......and watching the usual lefty failures here blame the Republicans is just icing on the cake.
 

Jhhnn

IN MEMORIAM
Nov 11, 1999
62,365
14,681
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GWB left office in Jan 2009.
The national debt was 10.6 trillion.
The structural deficit in the budget was 407 billion.

Hogwash. "Structural Deficit" is pure weaseldom. Debt increased by over $1T in FY2008, ~12% over the previous year, too, but I'm sure GWB didn't have anything to do with that, and the "structural deficit" hogwash was obviously a lot smaller.

The govt was committed to the bailouts before Obama ever took office, even if the expenditures took place his first year in office, likewise the wars and explosive spending on unemployment & other welfare programs, the result of the collapse of the flimflam of the ownership society...

You knew all that, of course, but you're doing your best to claim otherwise.
 

LegendKiller

Lifer
Mar 5, 2001
18,256
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LOL, more good news from Obama......and watching the usual lefty failures here blame the Republicans is just icing on the cake.

Everybody deserves blame, only fucking weakminded douchenozzles like OP blame one person or one party. BOTH parties need to give shit up, BOTH parties need to raise taxes, BOTH parties need to compromise.

The second you stop posting shit like "lefty failures" or "Republicans" is the second we start making a difference. Until that time you're just another side to the same pathetic coin.