GOP leaders to Bush: "Your presidency is effectively over''

davidmc

They shoulda' thought a' that before they voted for the gunslinger.

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I'm completely in favor of the separation of Church and State. My idea is that these two institutions screw us up enough on their own, so both of them together is certain death.
George Carlin
US comedian and actor (1937 - )

Wurm

"We need to be shtrong on the war on terra", (or, George is still playing cowboys n' indians... except this game ain't funny.)

Yee-haw.

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__________________
"Bush is the first President to admit to an impeachable offense."

- John Dean, former Counsel to the President (Nixon)

The aim of big corporations is to separate fools from their money all of the time and ordinary folks from their money most of the time. The rest of us must fend for ourselves.

limerickman

...........and on a more mundane subject about Bush's presidency, I see the October 2005 monthly budget deficit hit $66 billion.
In simple terms - America imported $66 billion more than it exported in one month.

Adding the October deficit to the years of other monthly deficits, US overall deficit is approaching $800 billion.

and he started in office with a $200 billion surplus, carried over from Bill Clintons excellent management of the US economy.

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.."But finally the last thing I’ll say to the people who don’t believe in cycling, the cynics and the sceptics. I'm sorry for you. I’m sorry that you can’t dream big. [I]I'm sorry you don't believe in miracles. You should believe in these athletes, and you should believe in these people. I'll be a fan of the Tour de France for as long as I live. And there are no secrets" - this is a hard sporting event and hard work wins it - Armstrong 2005 TDF
morelike hypocrisy.

Wurm

Incredible, isn't it? A $0.8 trillion deficit with a GDP of around $12 trillion, which equals approx. 6.7% of the GDP - a not insignificant chunk of the total U.S. output of goods and services which essentially negates any growth the economy might have shown.

Which is worse: an old-style "tax & spend" liberal, or the modern version "cut taxes & borrow" GOP?? If I had to choose, I'd rather pay the taxes as I go and not have the interest on the mountainous debt.

Looks like 'Murca is soon to become the 2000's version of 1980's Argentina. The Fed's artificial repression of interest rates is the only thing keeping runaway inflation at bay, but that can't last much longer.

__________________
"Bush is the first President to admit to an impeachable offense."

- John Dean, former Counsel to the President (Nixon)

The aim of big corporations is to separate fools from their money all of the time and ordinary folks from their money most of the time. The rest of us must fend for ourselves.

limerickman

That's what the apologists will tell you - it's only 6-7% of GDP.
Which might be a plausible excuse if it wasn't for the fact that GDP in the USA is not growing significantly in the last number of years.
Also it doesn't preclude the fact that that money (deficit) is owed and has to be repaid, either now or in the future.

As regards US interest rates, they're going to go up for the forseaable future
which will make repayments on eisting personal debt higher.

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.."But finally the last thing I’ll say to the people who don’t believe in cycling, the cynics and the sceptics. I'm sorry for you. I’m sorry that you can’t dream big. [I]I'm sorry you don't believe in miracles. You should believe in these athletes, and you should believe in these people. I'll be a fan of the Tour de France for as long as I live. And there are no secrets" - this is a hard sporting event and hard work wins it - Armstrong 2005 TDF
morelike hypocrisy.

Wurm

Yes, and the fun part is: the middle-class Bush voters who thought their miniscule "tax cut" was actually worth something will soon be forking more than that back over to the banks in the form of higher interests on their loans.

Dumb asses.

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__________________
"Bush is the first President to admit to an impeachable offense."

- John Dean, former Counsel to the President (Nixon)

The aim of big corporations is to separate fools from their money all of the time and ordinary folks from their money most of the time. The rest of us must fend for ourselves.

davidmc

Those "genius' are going to be the one's who have to grab their ankles & take it in the bum Simpleton's

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__________________
I'm completely in favor of the separation of Church and State. My idea is that these two institutions screw us up enough on their own, so both of them together is certain death.
George Carlin
US comedian and actor (1937 - )

Wurm

It increasingly appears that about 73.3% of the "Fifty-One Percenter's" are masochists while harping "family values" and "morality". They're in desperate need of a 12-step program.

Just ask Mssrs. "I Got Mine" wolfix and Fred "Up Yours!" C...

__________________
"Bush is the first President to admit to an impeachable offense."

- John Dean, former Counsel to the President (Nixon)

The aim of big corporations is to separate fools from their money all of the time and ordinary folks from their money most of the time. The rest of us must fend for ourselves.