And that's just for the knee pads!!!
And that's just for the knee pads!!!
WHEEEEEEEE!!!!!!!!!
I'M TUBA AND I CAN PARROT EVERYTHING ON DRUDGE REPORT!!!!!!!!!!
WHEEEEEEEE!!!!!!!!!
Wow, not bad for typing with one hand JM.
Tuba still not funny.
Heh, some interesting facts about the $17 Billion in savings Squanderer in Chief was able to extract from the one year 3,400,000,000,000.00 budget:
· $17 billion is less than one half of 1% of the entire $3.55 trillion FY10 budget.
· CBO estimates that interest costs will be over $172 billion for FY10, or ten times what the administration is proposing to save.
· $17 billion is about 2% of the $787 billion stimulus bill passed on February.
· $17 billion is less than 5% of the interest expense created by the stimulus bill.
· CBO has projected that legislation signed by President Obama has added $422 billion to FY2010 deficit, about 25 times the FY2010 savings proposed in this budget.
· The Federal government has already provided up to $173.4 billion in financial assistance to AIG, or ten times what the administration is proposing to cut from the budget.
· The Federal government has already provided almost $36 billion in TARP aid to the auto industry, or twice what he administration is proposing to cut from the budget.
· Since President Obama has taken office, total U.S. debt has increased by over $600 billion. $17 billion is less than 3% of new debt created during this administration’s first 105 days.
· Agencies reported improper payment estimates of $72 billion for fiscal year 2008 for a select group of programs. This represents about 4 percent of the $1.8 trillion of reported outlays for the related programs.
Squanderer in Chief? Look, I can't comment as to whether or not I like my boss, but his predecessor (whom I did like) wasn't exactly a thrifty guy either with his budget.
The last President we had who was truly thrifty with the budget was Calvin Coolidge.
The good news is that this is probably going to end, soon.
Our skittle-sh*tting unicorn had a little trouble selling bonds today.
http://tickerforum.org/cgi-ticker/akcs-www?post=94164
Dems finally take over, begin to loot the treasury, only to find there is nothing left.
I am not defending the Bush deficits...they were sickening.
But Obama's are simply not sustainable.
"When plunder becomes a way of life for a group of men living together in society, they create for themselves, in the course of time, a legal system that authorizes it and a moral code that glorifies it."
- Fred Bastiat
Everything progressives do is aimed at weakening democracy, capitalism and the social and cultural institutions that support those things...... They are about subjugating people and being a ruling class.
Oblahma's revenue projections are way off (IMO) as they get confiscatory on taxes. People will be clamming up and not working as hard to generate the revenue they expect...CBO is probably more correct. I don't get it, how do the Libs and Progressives expect a plan that tax collections will be the same as they increase the tax rate??? People being people will shield as much as possible or be negative incentivized to earn with confiscatory tax rates. Read today that the UK is now up to ~62%. That is wack!
Everything progressives do is aimed at weakening democracy, capitalism and the social and cultural institutions that support those things...... They are about subjugating people and being a ruling class.
Everything progressives do is aimed at weakening democracy, capitalism and the social and cultural institutions that support those things...... They are about subjugating people and being a ruling class.
Everything progressives do is aimed at weakening democracy, capitalism and the social and cultural institutions that support those things...... They are about subjugating people and being a ruling class.