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Old 04-21-2009, 12:07 PM
 
532 posts, read 1,232,274 times
Reputation: 139

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US is becoming one massive leveraged hedge fund with risky investments
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Old 04-21-2009, 12:50 PM
 
1,515 posts, read 3,333,648 times
Reputation: 450
You notice the lack of Liberals in this thread? Some things are apparently THAT ridiculous that the Libs won't defend the Messiah.

Can SNL find something to mock Obama about yet? Face it Obama lovers, your leader is quite an idiot.
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Old 04-21-2009, 12:54 PM
 
2,661 posts, read 2,904,727 times
Reputation: 366
Last year's budget:
3.1 trillion

No accounting for wars
Did not include TARP (350 Billion)

Add that **** up, do your simple math and tell us what you come up with - you people are so stupid.
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Old 04-21-2009, 12:55 PM
 
Location: Texas...and proud of it.
749 posts, read 947,389 times
Reputation: 164
Quote:
Originally Posted by Canerican View Post
You notice the lack of Liberals in this thread? Some things are apparently THAT ridiculous that the Libs won't defend the Messiah.

Can SNL find something to mock Obama about yet? Face it Obama lovers, your leader is quite an idiot.
You spend 16 trillion and whaddaya get??
another day older and deeper in dept
Saint Peter don'tcha call me 'Cause-
I can't go...I owe my soul to the Government
Store
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Old 04-21-2009, 03:19 PM
 
532 posts, read 1,232,274 times
Reputation: 139
sad thing is Obama knows how dumb the public is. He knows that alot of people/his followers are like, wow he's really doing a good job of cutting back on gov spending.
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Old 04-21-2009, 03:22 PM
 
69,368 posts, read 64,135,461 times
Reputation: 9383
Quote:
Originally Posted by compJockey View Post
Last year's budget:
3.1 trillion

No accounting for wars
Did not include TARP (350 Billion)

Add that **** up, do your simple math and tell us what you come up with - you people are so stupid.
Have a link showing the budgets include the war, (you know, the one Obama promised to stop but sent more troops to) and the TARP money, the same ones Obama criticized Bush for using to bail out his friends)?

He's talked about making them seperate, but hey, he's talked about a lot of stuff and I can no longer take him at his word..
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Old 04-21-2009, 04:50 PM
 
Location: Great State of Texas
86,052 posts, read 84,519,997 times
Reputation: 27720
Quote:
Originally Posted by Joe107 View Post
so we are going to borrow money from china and give it to other countries. sounds like a good idea.
No, the Fed is in the back room printing up money to buy Treasuries.
Even foreign countries have finally smartened up and are no longer buying our treasuries..not for the past 3 months.
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Old 04-21-2009, 04:52 PM
 
Location: Connecticut
527 posts, read 1,282,357 times
Reputation: 949
Quote:
Originally Posted by Joe107 View Post
so we are going to borrow money from china and give it to other countries. sounds like a good idea.
And selling ourselves to China.
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Old 04-21-2009, 04:54 PM
 
Location: Wisconsin
37,981 posts, read 22,167,958 times
Reputation: 13811
Quote:
Originally Posted by Undeader View Post
I mean.... Obama is proposing 100 BILLION to the IMF (besides that, 100 million is a ****ing rounding error)

www.reuters.com/article/politicsNews/idUSTRE53J6NH20090420

Obama proposes $100 billion U.S. loan for IMF

Mon Apr 20, 2009 7:28pm EDT

WASHINGTON (Reuters) - President Barack Obama on Monday proposed a $100 billion U.S. loan to the International Monetary Fund to boost the IMF's resources and urged a bigger stake in the IMF for emerging powers.
In a letter to U.S. congressional leaders, Obama said the U.S. funding "does not represent a budgetary expenditure or any increase in the deficit since it effectively represents an exchange of assets."
Why should we care as Americans?
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Old 04-21-2009, 05:02 PM
 
Location: NE Ohio
30,419 posts, read 20,318,915 times
Reputation: 8958
Quote:
Originally Posted by Undeader View Post
I mean.... Obama is proposing 100 BILLION to the IMF (besides that, 100 million is a ****ing rounding error)

www.reuters.com/article/politicsNews/idUSTRE53J6NH20090420

Obama proposes $100 billion U.S. loan for IMF

Mon Apr 20, 2009 7:28pm EDT

WASHINGTON (Reuters) - President Barack Obama on Monday proposed a $100 billion U.S. loan to the International Monetary Fund to boost the IMF's resources and urged a bigger stake in the IMF for emerging powers.

In a letter to U.S. congressional leaders, Obama said the U.S. funding "does not represent a budgetary expenditure or any increase in the deficit since it effectively represents an exchange of assets."
Wow.
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