Jan

20

Americans First

January 20, 2010 |

I am not buying the sudden movement against the Government. It is false as it is aimed at the Obama administration. I will agree that government spending is out of control and needs to be dealt with (though now is NOT the time).

-Debt at Obama Inaguration: 10.6 trillion

-Budget Deficits incurred during Reagans 8 years: 1.34 trillion dollars

-Budget Deficits incurred during G. H. Bush’s 4 years: 933 billion

-Budget Deficits incurred during Clinton’s 8 years: 320 billion

-Budget Deficits incurred during G. W. Bush’s first 6 years: 1.63 trillion

(note: those deficit figures are real dollars. They have not been adjusted for inflation using the CPI)

Clinton has three years of surplusses and turned over what was a budget surplus for Bush’s first year in office. I liked Clinton as a president, I liked his fiscal policy.

For the record I liked Reagan and Bush 1, though I did not like that they ran deficits. In Reagans case, I could cut him some slack his first term as he inherited an economy that was in pretty rough shape. By the way, unemployment during Reagans first fours years was 7.62, 9.71, 9.60, 7.51% respectively.

So folks, lets cut through the bullshit right here and right now. Which party has put us in the most debt? Again, he inherited quite an economic mess, though nothing on the scale of what President Obama inherited.

I you are really for our government balancing the budget and paying down the debt start with the facts. Your partisan nonsense is so transparent it is laughable! The Republican jokers talking about fiscal responsibility are the same idiots that put us into this debt to begin with. All of a sudden they have fiscal religion. Give me a break.

Direct your anger where it belongs. Bankers and mortgage lenders that ran financial institutions like casinos. Show anger against investment banks like Goldman Sachs that bought risky mortgage paper, packaged and sold them as securities and if that was not enough, then took out financial instraments (termed hedges) that bet against these investments and made them insane amounts of money when they tanked. Much of those profits came from our bailout.

You want to be pissed off, be pissed off at your neighbors that racked up unsustainable credit card debt and mortgaged their houses to the hilt. They are grand contributors to this mess.

You want to pissed off, be pissed off at big business that was losing money and giving themselves huge bonuses. How in the hell is that capitalism?

Be pissed off at the media circus that reports the news these days like it is a reality television show. Be pissed off at the numbskulls lying to you about what is actually in the health care bill. 

One more thing.

Now, how many of you don’t want a healthcare bill that will protect you for being dropped if you have a pre-existing condition. A bill that would allow you to keep your adult children on your private plan until they are 26 (you of course have to pay for the increased premiums). A plan that does not change a single thing for those of you that are already covered under private insurance other than adding those two items I just mentioned.

You can be a Republican, you can be a Democratic. You can have an opinion on pretty much anything you want. But, you need to cut the bullshit and start being Americans and showing your President some respect. And, back your position up with facts, not spin. There is nothing I hate more than spin and people trying to bullshit me.

Why anyone would want that damn job is beyond me.

 

 

 


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