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  1. #1 $165 Billion Deficit for July alone. 
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    The U.S. government spent itself deeper into the red last month, paying nearly $20 billion in interest on debt and an additional $9.8 billion to help unemployed Americans.

    Federal spending eclipsed revenue for the 22nd straight time, the Treasury Department said Wednesday. The $165.04 billion deficit, while a bit smaller than the $169.5 billion shortfall expected by economists polled by Dow Jones Newswires, was the second highest for the month on record. The highest was $180.68 billion in July 2009.

    The government usually runs a deficit during July, which is the 10th month of the fiscal year. So far in fiscal 2010, the government spent $1.169 trillion more than it made. That figure is about $98 billion lower than during the comparable period a year earlier.

    For all of fiscal 2009, the U.S. ran a record $1.42 trillion deficit. Fiscal 2010 might run a little higher—the Obama administration sees $1.47 trillion.

    Wednesday's monthly Treasury statement said U.S. government revenues in July totaled $155.55 billion, compared with $151.48 billion in July 2009.
    http://online.wsj.com/article/SB1000...722830706.html

    Three Trillion Dollars in new debt in two years. With the Budget Obama supplied for next year, that'll be close to 4.3 trillion. By all accounts, 2012 will take us to nearly 6 trillion.

    US Public debt grew just under 5 trillion from 2000-2008. So in 4 years Obama will have added as much debt as the Bush Administration did in 8 years.
    In most sports, cold-cocking an opposing player repeatedly in the face with a series of gigantic Slovakian uppercuts would get you a multi-game suspension without pay.

    In hockey, it means you have to sit in the penalty box for five minutes.
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  2. #2  
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    Quote Originally Posted by djones520 View Post
    http://online.wsj.com/article/SB1000...722830706.html

    Three Trillion Dollars in new debt in two years. With the Budget Obama supplied for next year, that'll be close to 4.3 trillion. By all accounts, 2012 will take us to nearly 6 trillion.

    US Public debt grew just under 5 trillion from 2000-2008. So in 4 years Obama will have added as much debt as the Bush Administration did in 8 years.
    The article is lying.

    The deficit for 2009 was higher. Bush kept the wars off the fiscal number they are reporting.

    The 2010 deficit has the wars included.

    Looking at the US Treasury numbers will show you 2009 was much much higher.
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  3. #3  
    CU's Tallest Midget! PoliCon's Avatar
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    Quote Originally Posted by Satanicus View Post
    The article is lying.

    The deficit for 2009 was higher. Bush kept the wars off the fiscal number they are reporting.

    The 2010 deficit has the wars included.

    Looking at the US Treasury numbers will show you 2009 was much much higher.
    Stand up for what is right, even if you have to stand alone.
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  4. #4  
    Zoomie djones520's Avatar
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    Quote Originally Posted by Satanicus View Post
    The article is lying.

    The deficit for 2009 was higher. Bush kept the wars off the fiscal number they are reporting.

    The 2010 deficit has the wars included.

    Looking at the US Treasury numbers will show you 2009 was much much higher.
    Why don't you write a letter to the editor and tell him that.
    In most sports, cold-cocking an opposing player repeatedly in the face with a series of gigantic Slovakian uppercuts would get you a multi-game suspension without pay.

    In hockey, it means you have to sit in the penalty box for five minutes.
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  5. #5  
    Senior Member Zathras's Avatar
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    Quote Originally Posted by Satanicus View Post
    The article is lying.

    The deficit for 2009 was higher. Bush kept the wars off the fiscal number they are reporting.

    The 2010 deficit has the wars included.

    Looking at the US Treasury numbers will show you 2009 was much much higher.
    Solve a man's problem with violence and help him for a day. Teach a man how to solve his problems with violence, help him for a lifetime - Belkar Bitterleaf
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  6. #6  
    Senior Member Molon Labe's Avatar
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    Quote Originally Posted by Satanicus View Post
    The article is lying.

    The deficit for 2009 was higher. Bush kept the wars off the fiscal number they are reporting.

    The 2010 deficit has the wars included.

    Looking at the US Treasury numbers will show you 2009 was much much higher.
    bull
    Gun Control: The theory that a woman found dead in an alley, raped and strangled with her panty hose, is somehow morally superior to a woman explaining to police how her attacker got that fatal bullet wound - Unknown


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    Quote Originally Posted by Satanicus View Post
    The article is lying.

    The deficit for 2009 was higher. Bush kept the wars off the fiscal number they are reporting.

    The 2010 deficit has the wars included.

    Looking at the US Treasury numbers will show you 2009 was much much higher.
    The Community Organizer and his half brain VP are so far over their head, we will be lucky if we do not do the double dip or worse a depression.

    The facts are that the Congress, Bush and Obama have racked up so much debt that we will never be able to pay it off. Obama is spending it twice as fast as Bush.
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  8. #8  
    Senior Member Rebel Yell's Avatar
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    Quote Originally Posted by lacarnut View Post
    Obama is spending it twice as fast as Bush.
    No he's not!!!!!!!:mad: That's it. That's my argument.
    I feel that once a black fella has referred to white foks as "honky paleface devil white-trash cracker redneck Caspers," he's abdicated the right to get upset about the "N" word. But that's just me. -- Jim Goad
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  9. #9  
    Senior Member namvet's Avatar
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    im glad i moved all my savings outta this country
    Liberals: Obama's useful Idiots
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  10. #10  
    Senior Member malloc's Avatar
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    Anyone ever notice how 90% of Satanicus's posts start with "This is lie!" even when we are quoting articles that come from news sources.

    I guess anytime a news agency has something bad to about Shitanicus Obamessaih "It's a lie! Lies I tell you! Lie!" every time.

    Wow a jacktard weasel this little shit is.
    "In England a king hath little more to do than to make war and give away places; which in plain terms, is to impoverish the nation and set it together by the ears. A pretty business indeed for a man to be allowed eight hundred thousand sterling a year for, and worshipped into the bargain! Of more worth is one honest man to society and in the sight of God, than all the crowned ruffians that ever lived."
    —Thomas Paine, Common Sense
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