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I assume you are referring to the stupid war monger in the White House today... who refuses to end the wars as he promised.... and continues to waste hundreds of billions on three useless wars.
Yeah - I include him. Last time, I crossed over to vote for Paul, although Kucinich or Gravel were my first choices. This time I hope the American public has wised up to the fact the the 'non-mainstream' candidate Ron Paul is the only hope of salvation for this country, assuming it's not too late.
Don't forget all the laws Clinton repealed in the late 1990s, which allowed, previously illegal, mergers of commercial banks and investment banks, like Citigroup, started this entire financial mess. Allowing F&F to run without proper oversight sure as hell played a part too.
You mean the bill that the REPUBLICANS sposored? Yeah, Billy should have vetoed it. Lesson, veto anything sposored by the Stupid, ie, Republican, party.
"The Gramm–Leach–Bliley Act allowed commercial banks, investment banks, securities firms, and insurance companies to consolidate. For example, Citicorp (a commercial bank holding company) merged with Travelers Group (an insurance company) in 1998 to form the conglomerate Citigroup, a corporation combining banking, securities and insurance services under a house of brands that included Citibank, Smith Barney, Primerica, and Travelers."
2008, debt is appr 10 trillion. 2011, only 3 years later, debt is over 14.5 trillion, which is 45% higher, and in only 3 years. That's 15% per year, meaning an 8 year presidency with no changed = 120% increase.
based on those statistics, it could be inferred that unless drastic changes are implemented, that this president, could DOUBLE our national debt, and that means that he will have increased our national debt MORE THAN ALL OTHER PRESIDENTS PRIOR TO HIM COMBINED!
To paraphrase Albert Einstein's statement to Georges Lemaitre concerning his "Big Bang" theory: "Your math is correct, but your civics is abominable."
Presidents do not spend. All budgets originate in the House of Representatives, which the Senate may amend and the President may veto. Therefore, the vast majority of the blame for the irresponsible spending spree must reside with Congress, particularly the House.
The last budget that was enacted into law by Congress was in 2006 for FY2007 by the GOP controlled Congress. For fiscal years 2008 through 2011 the Democrat controlled Congress failed to enact any budget. Instead, they created massive Continuing Resolutions, Supplemental, and Omnibus bills to fund the federal government.
You may wonder why President Bush did not veto the FY2008 and FY2009 budgets the Democrat controlled Congress enacted into law. The answer is that since the budget was one massive bill, instead of the 12 appropriation bills, the House voted 409 - 2 (Roll Call Vote: #498) and the Senate voted 92 - 6 (Roll Call Vote: #162). Similar spending bills were passed in the following fiscal years.
No President, Republican or Democrat, is going to veto a bill that already has a veto-proof majority in Congress. That would be politically stupid.
Currently, the GOP controlled House has passed six of the twelve appropriation bills, and the Senate has passed one of those six. Fiscal year 2012 begins October 1, 2011. Which means they have until the end of September to pass a budget, or we will have been without a budget for the last five years. This is one of the very fundamental constitutional requirements the House of Representatives has, to fund the federal government.
To paraphrase Albert Einstein's statement to Georges Lemaitre concerning his "Big Bang" theory: "Your math is correct, but your civics is abominable."
Presidents do not spend. All budgets originate in the House of Representatives, which the Senate may amend and the President may veto. Therefore, the vast majority of the blame for the irresponsible spending spree must reside with Congress, particularly the House.
The last budget that was enacted into law by Congress was in 2006 for FY2007 by the GOP controlled Congress. For fiscal years 2008 through 2011 the Democrat controlled Congress failed to enact any budget. Instead, they created massive Continuing Resolutions, Supplemental, and Omnibus bills to fund the federal government.
You may wonder why President Bush did not veto the FY2008 and FY2009 budgets the Democrat controlled Congress enacted into law. The answer is that since the budget was one massive bill, instead of the 12 appropriation bills, the House voted 409 - 2 (Roll Call Vote: #498) and the Senate voted 92 - 6 (Roll Call Vote: #162). Similar spending bills were passed in the following fiscal years.
No President, Republican or Democrat, is going to veto a bill that already has a veto-proof majority in Congress. That would be politically stupid.
Currently, the GOP controlled House has passed six of the twelve appropriation bills, and the Senate has passed one of those six. Fiscal year 2012 begins October 1, 2011. Which means they have until the end of September to pass a budget, or we will have been without a budget for the last five years. This is one of the very fundamental constitutional requirements the House of Representatives has, to fund the federal government.
Presidents, ie Bush, who start needless wars DO spend - they just spend to kill mainly civillians and destroy infrastructure, instead of spending on domestic programs that build the wealth of American citizens.
Presidents, ie Bush, who start needless wars DO spend - they just spend to kill mainly civillians and destroy infrastructure, instead of spending on domestic programs that build the wealth of American citizens.
You are dead wrong, as usual. There would be no wars, if not for Congress. Not only do they declare all the wars, they fund them. As much as you would like to blame a particular President, you need to grow up and learn how your government actually functions.
You are dead wrong, as usual. There would be no wars, if not for Congress. Not only do they declare all the wars, they fund them. As much as you would like to blame a particular President, you need to grow up and learn how your government actually functions.
You are wrong again - as usual. Exactly when did the Congress 'declare' war on Iraq or Afganistan?
"This is not true.
No one voted for a war. No one voted to remove Saddam Hussein from power.
Here's what was voted for:
"The President is authorized to use all means that he determines to be appropriate, including force, in order to enforce the United Nations Security Council Resolutions referenced above, defend the national security interests of the United States against the threat posed by Iraq, and restore international peace and security in the region."
[SIZE=2]- The culminating statement of Congress' Joint Resolution, SJ Res 45, Authorization For Use of US Armed Forces, September 30, 2002[/SIZE]
Since, according to our Constitution, only Congress has the authority to declare war, the president had to seek their approval. Even then, Bush did not seek a formal declaration of war from Congress. Bush sought, and received, authority to use US military force to back UN Resolutions which would counter any threat posed by Iraq, defending our national security.
It is legally the UN Security Council, backed by a unanimous vote of its 15 member states, that can use military force against a country deemed a threat. Bush knew this, so he lobbied the Security Council for a Resolution that, if voted upon, would authorize the use of force if Iraq didn't comply. Bush got close to this on November 8, 2002 with the infamous UN Resolution 1441. It required Iraq to reveal all its WMD to UN inspectors or face "serious consequences".
Since ciperin' and facts appear to not be your strong point, here are some facts to consider-
1. Congress controls spending. Democrats were in control for congress during 16 of those 20 years.
2. The national debt was $8.6 trillion when Bush left office. The national debt will be $16.5 to $17 trillion when Obama leaves office at the end of 2012. By ciperhin' this would mean that Obama essentially doubled the debt of the US (or the accumulated debt of all the previous presidents combined in US history).
3. The Bush economy was fine until the democratic congress gained control in 2006.
4. Discretionary spending has increased 85% under Obama, while there has been only a modest decline in revenue.
5. Obama, as well as the democratic congress, extended the "Bush tax cuts", making them the "Obama tax cuts".
Facts are terrible things to liberals, who thrive on half truths and emotion.
You are wrong again - as usual. Exactly when did the Congress 'declare' war on Iraq or Afganistan?
"This is not true.
No one voted for a war. No one voted to remove Saddam Hussein from power.
Here's what was voted for:
"The President is authorized to use all means that he determines to be appropriate, including force, in order to enforce the United Nations Security Council Resolutions referenced above, defend the national security interests of the United States against the threat posed by Iraq, and restore international peace and security in the region."
[SIZE=2]- The culminating statement of Congress' Joint Resolution, SJ Res 45, Authorization For Use of US Armed Forces, September 30, 2002[/SIZE]
Since, according to our Constitution, only Congress has the authority to declare war, the president had to seek their approval. Even then, Bush did not seek a formal declaration of war from Congress. Bush sought, and received, authority to use US military force to back UN Resolutions which would counter any threat posed by Iraq, defending our national security.
It is legally the UN Security Council, backed by a unanimous vote of its 15 member states, that can use military force against a country deemed a threat. Bush knew this, so he lobbied the Security Council for a Resolution that, if voted upon, would authorize the use of force if Iraq didn't comply. Bush got close to this on November 8, 2002 with the infamous UN Resolution 1441. It required Iraq to reveal all its WMD to UN inspectors or face "serious consequences".
You obviously are unable to grasp that when one nation authorizes the use of military force against another nation, they are in fact making a declaration of war.
All Article I, Section 8, Clause 11 of the US Constitution says is that "[Congress shall have the power] To declare war..." It does not specify or outline a particular procedure, it only states that Congress has the power to declare wars. If both houses of Congress authorizes the use of military force against another nation, they are in fact declaring war.
The UN has absolutely no say over anything the US does or does not do. The UN is not sovereign, the US is. Get a clue.
There are countless ways to skew the numbers to mean what they want you to mean and to blame you want them to blame. I despise both political parties equally, but just to lay out the facts without bias, let's do this.
How much debt happened during each man's presidency? Nobody gets to blame the president that came before them because I'm sure all of them would love to -- and it a load of crap IMHO. You're at the helm, you take responsibility period end of story.
Having said that:
When Ronald Reagan took office, the US debt was $997 billion (for simplicity sake, call it $1 trillion). Eight years later, when Reagan left office, the US debt was at $2.8 trillion, netting him $1.8 trillion increase int the debt.
When George Bush Sr took office, the debt was at $2.8 trillion. When he left office, the debt was at $4.9 trillion, netting him a $2.1 trillion increase in the debt.
When Bill Clinton took office, the national debt was at $4.9 trillion. When he left office the debt was at $5.8 trillion, netting him a $800 billion increase in the debt (or $0.8 trillion.)
When George W Bush took office, the debt was at $5.8 trillion. When he left office the debt was at $10.0 trillion, netting him $4.2 trillion increase in the US debt.
When Barack Obama took office, the debt was at $10 trillion. The current US debt is $14.3 trillion, netting Barack Obama $4.3 trillion dollars in debt. And he did it in just three short years!!
So who ran up the most debt? George W Bush and Barack Obama obviously. Clinton added the least which is commendable, but he still added to our debt.
It absolutely blows my mind that Barack Obama is from the same planet, much less the same political party as Bill Clinton. He only needed 3 years to one-up the catastrophe of debt George W did in 8 years, and he's still got at least one year.
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