I just found out I’m deeper in the red than I thought. But at least I’m not alone. Every single American is right there with me, thanks to a Senate vote today to increase the national debt to $9 trillion. We’re all paying the price for Bush’s bad decisions, like tax breaks for the rich, pre-emptively going to war in Iraq and a delayed response to Hurricane Katrina.
The measure allows the government to pay for the war in Iraq and finance Medicare and other big federal programs without raising taxes. It passed hours before the House was expected to approve another $91 billion to fund the war in Iraq and provide more aid to hurricane victims.
The partisan vote also came as the Senate continued debate on a $2.8 trillion budget blueprint for the upcoming fiscal year that would produce a $359 billion deficit for the fiscal year beginning Oct. 1.
…It’s the fourth such move increasing the debt limit by a total of $3 trillion since Bush took office five years ago.
So how much is $9 trillion? Well, it’s got 12 zeros, but…
“It’s hard to understand what a trillion is. I don’t know what it is,” confessed Senate Budget Committee Chairman Judd Gregg, a New Hampshire Republican, this week when debating the government’s staggering fiscal obligations.
This is so going to screw up my credit rating…
Comment by: mikefromtexasIt doesn’t help that the standard hand-held calculator comes nowhere close to computing numbers in the trillions. About the best it can do is 99,999,999.
John Nolan, a mathematics professor at American University in Washington, said… “But in terms of practical numbers it’s just overwhelming.”
So he conjured up a spending spree, something Americans might be able to relate to. “If you spent a million dollars a day for a million days (2,739 years),” you’d hit $1 trillion, Nolan observed…
The federal government has been on a spending binge. Just since 2002, the Republican-controlled Congress has had to hike the Treasury Department’s credit card limit four times, for a total of more than $3 trillion.
Allowing Bush’s tax cuts in the first place was idiotic but continuing to squander America’s former wealth this way is criminal. The worst part is we’re all going along with it. Is it O.K. if I post-date my check?
- Topic: Uncategorized
- Topics: Conservative Values, Impeachment, Iraq, Natural Disasters, Worst President Ever
I have been watching the budgetary rape and pillaging of America on C-Span 2 for the last couple of days, and do you know what has been the biggest concern expressed by Senator Kent Conrad?
He has several times openly bitched about the number of amendments offered, that they might have to work late because of them, and, horror of all horrors, if it keeps up they might have to work both Friday and Saturday!
I sent him a email telling him that I doubt very much if those families with two or more members working full-time and still can’t break through poverty level really give a shit that, oh! boohoo! Kent Conrad, highly paid senator with per diem and other perks too numerous to mention might have to work on a Friday or Saturday!
Just what kind of assholes are we Democrats, the Champions of the People, becoming when the good Senator’s time off is more important than working on this brutally pernicious budget? What a f*cking jerk.
Bush may say I owe it but there is no way in hell that I or anyone like me will ever pay that bill, and HE and the whole damned world knows it, so he and all his fascist buddies and the rollover beltway gutless dems along with all their fellow traveling “born again christian fundies” can very merrily KISS MY IDAHO HILLBILLY ASS, AND SEE IF THEY CAN SQUEZE 30 GRRAND OUTA MY LARDY OLD BUTT!
“There are no fools greater than the fools that follow fools”—Oldgringo
Thirty grand, add student loans, car payment, mortgage, electric, cable, broadband, diapers, groceries, private school for the kids…
Wait,
Much cheaper to jump out the window.
Loosing this mortal coil under the Bush Administration…
Priceless.
I impeech myself.
Can we send our bill to the Red States who gave us Bush???
For those who are not wealthy and voted for Bush the second time, I can only stand aghast at your ignorance. As the fat cats get fatter, perhaps you can take some vicarious pleasure from their bloated exuberance, cause they’ll be laughing all the way to the bank. If your lucky, maybe they’ll bend over and let you kiss their big fatt butts. lol
It doesn’t matter. There are only 2 possibilities open to the world: make us pay, in which case we default and their economies collapse, or keep on manufacturing and turning profits in yanqui bucks.
Obviously they’ll pick what’s behind curtain number 2. We have a license to print money. The only real question is, how long till we realize it and simply stop working for a living?
We’re romans, goddamn it! I want my slaves to build my new TV faster! And my Nikes! Hurry up you goddamned foreigners – work harder! Earn more of my dollars! I’m gettin’ tired takin’ out new zero interest credit cards!
I don’t pay taxes.
You don’t seriously believe that Bushco has really spent billions and billions of dollars to secure the “homeland” do you? IT’S ALL A SHAM. There is no real terrorist threat, or at least no more threat from terrorism than any of the other 60 or 70 countries in which al-Oaeda operate faces. Someday historians will note that America was undone by rampant fear propagated by those making TRILLIONS of dollars through that fear-mongering.
Why is it that you read very often of British, German, Italian, Spanish and many other country’s law enforcement community arresting terrorists in large numbers, convicting them legally in their courts, and handing down long sentences to them? Because they aren’t a bunch of cowards hiding under their beds screaming they need a 70-year “Long War” to do a job that the police are perfectly capable of doing.
War is profitable. Good police work doesn’t line the pockets of the few with trillions of dollars from the many. Oh, sure, the police, especially in foreign countries, have a long record of historical success in finding, incarcerating, prosecuting, and convicting terrorist, but supporting legal law enforcement endeavors just isn’t as exciting as claiming to be a “country at war” with a “wartime president”, who preemptively strike at countries that pose no threat to America, and which provides the opportunity to oversee the greatest transfer of wealth from the poor to the “uber rich” in the history of the world.
The War on Terror is nothing but a money-making scheme for the benefit of Republican war-mongers and weapons suppliers and the few Democrats that are too ethically challenged to try and stop it. It is also the greatest fraud ever perpetrated in the history of man, and the most evil.
NINE TRILLION DOLLARS IN ONE DOLLAR BILLS WOULD STRETCH FROM HERE TO THE MOON AND BACK AGAIN, WITH A TRILLION TO SPARE. mE TOO, I WILL NOT PAY FOR A WAR THAT I OPPOSED FROM THE BEGINNING, FOR COUNTLESS CORRUPT BOONDOGGLES AND PORK BARREL PROJECTS THAT LINED THE POCKETS OF BUSHCO AND THE REPUBLICAN CONGRESS, OR ANYTHING ELSE SPENT BY THIS INCOMPETENT, MALIGNANT FOOLS. WHO IS FOR AN UNDERGROUND ECONOMY?
get out while you can. japan with national healthcare and a general socialist attitude is nice
“If you want to balance the budget you’d better elect a Democrat. Because you can’t trust Republicans with your money.” — Howard Dean, July 2003 (sic 2003)
He who yee-haws last, laughs best!
This is so going to screw up my credit rating…….