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another bow from BO
Posted: 05 February 2010 12:32 PM   [ Ignore ]   [ # 16 ]
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Sheez Kaipo information is everywhere just pull your head out of those dark places.

Look at the ‘Bush Zero’s

Another Bush cop out which increased Big O’s budget.

“He or she will need to spend far more in Iraq and Afghanistan than Bush proposed, because he included only $70 billion — designed to last until Jan. 20, when he leaves office. White House budget director Jim Nussle said Monday that even the cost of drawing down forces is “surprisingly high.”

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Posted: 05 February 2010 12:41 PM   [ Ignore ]   [ # 17 ]
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Oh No it just doesn’t stop

Budget Fiscal Year

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Posted: 05 February 2010 12:55 PM   [ Ignore ]   [ # 18 ]
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Sheez here we are again, Kaipo do you realise your hero of fiscal responsibility never once introduced a budget with a deficit reduction plan…. Oh gosh you Worshipers of Failure make me laugh.

“A Short History of Deficit Reduction
Peter R. Orszag, Director

It’s been a day since the 2011 Budget was released, and analysts and journalists have written about what it means for individual agencies, specific issues, and states. But let’s not lose sight of the big picture. The President’s Budget represents an important step towards fiscal sustainability: it put forward $1.2 trillion in deficit reduction over the next ten years, even excluding savings from the assumed ramp-down in war funding over time. Including these war savings, the deficit reduction proposed in the President’s Budget rises to $2.1 trillion.

How does this compare with recent efforts at deficit reduction? As a share of the economy, this represents more deficit reduction than proposed in a President’s budget in over a decade.  In fact, the previous Administration never submitted a budget that reduced the deficit, and this is the most deficit reduction in a budget as a share of the economy since President Clinton’s budget for 1997.

Let’s be clear: even with the substantial—and historic—deficit reduction proposed in this year’s Budget, we will still face unsustainable medium- and long-term deficits. And the Administration knows that more will need to be done to restore the nation to a fiscally sustainable path.

That’s why the President has called for the creation of a bipartisan Fiscal Commission to identify policies to improve the fiscal situation in the medium term and to achieve fiscal sustainability over the long run. The only way to solve the remainder of our fiscal challenge is to solve it together, in a bipartisan fashion, and that’s what the Fiscal Commission will help to achieve. And over the long term, it’s imperative that we pass fiscally responsible health insurance reform that reduces the rate of health care cost growth over time.

All in all, this Budget spurs jobs creation, invests for future economic growth, and to support both goals over time, takes important steps toward fiscal sustainability.”

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Posted: 05 February 2010 09:04 PM   [ Ignore ]   [ # 19 ]
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I liked the chart you posted.
http://www.scribd.com/doc/3015540/US-Budget-Deficit-or-Surplus-1960present

Seems the economy in 2004 was starting to grow again, after 9/11 and the Bush tax cuts. Then the Democrats took control of Congress and the combination of Bush’s miserable economic policies (Progressive light) and the spend as much as you can Democrats (Progressives on steroids), the economy never had a chance. At least that is what the chart shows. That last dive comes after the 2006 elections.

I have always opposed Bush’s fiscal policies. I have also opposed his immigration policies. So what.

One would think that since the federal purse strings have been in the hands of Democrats for over 3 years they could have fixed anything they wanted to. It appears that is not true. BO has to create a commission to do the job Congress can’t seem to do, improve the fiscal situation. What a joke.

Interesting statements in the report from the Bureau of Labor Statistics that you posted: “The number of long-term unemployed (those jobless for 27 weeks and over) continued to trend up in January, reaching 6.3 million. Since the start of the recession in December 2007, the number of long-term unemployed has risen by 5.0 million. (See table A-12.)”

So in conclusion let me say this - you have your opinions on what is happening and I have mine. You totally disagree with mine and I totally disagree with yours and that is where it will always be.
I do know that I am going to have a lot of fun watching the 2010 elections because I think what has happened in 3 states so far will continue to happen as those with my opinion vote out of office those with your opinion.

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Posted: 06 February 2010 02:37 AM   [ Ignore ]   [ # 20 ]
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Kaipo
LOL ignorance must truly be bliss.
Jim
PS The tides coming in so take a deep breath

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Posted: 06 February 2010 08:36 AM   [ Ignore ]   [ # 21 ]
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Your ignorance does seem to make you blissful.

Time will tell all.

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Posted: 06 February 2010 09:31 AM   [ Ignore ]   [ # 22 ]
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Blaze,
It seems the tax cuts in the 2009 stimulus bill for businesses really didn’t focus on helping grow businesses.
http://tax.cchgroup.com/Legislation/House-Senate-Recovery-Act-2009.pdf

So in that sense you are correct, having a tax cut doesn’t mean it helps grow businesses.

When do you think Congress will provide tax cuts that have a positive affect on growing businesses, like a sizable capital gains tax cut or reducing taxes on incomes over $250,000 since most of those are small businesses?

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Posted: 06 February 2010 10:22 AM   [ Ignore ]   [ # 23 ]
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I keep looking for the tax cuts.  I don’t want to be accused of cuting and pasting, but my retirement has stayed static this year and the with holding has gone up.  I don’t need any more tax cuts like that. cheese

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Posted: 06 February 2010 04:51 PM   [ Ignore ]   [ # 24 ]
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“We the people are the rightful masters of both Congress & the courts, not to overthrow the Constitution, but overthrow the men who pervert the
Constitution.”
 
Abraham Lincoln

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Posted: 07 February 2010 03:14 AM   [ Ignore ]   [ # 25 ]
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Kaipo

Your failure to rationalise an opinion using unrelated propaganda talking points is not surprising. What is surprising is that you tried in the first place. And, what a bunch of coconuts you never supported Bush’s economics. You were first in line to explain how well the sun shined out of his ass.  Or is it you still believe in the unnecessary massacre and maiming of tens of thousands of Americans and not simply hiding the cost but giving the money away to the extremely rich so they could further their investments overseas?

The non-sense that you come up with is mind boggling.

And your basis for blaming Obama is an article written 40 odd days after he became President.  Your regurgitating again this territory has been covered time and time again. More distractive Deja Moo.  Tax amendments take more than a couple of days to take effect and many agree the objectionists prevented proper assistance being given. But so is our legislative animal. Then again more likely than not you did not even look at the date for relevance. The challenges were and still are monumental no one except right wing extremist have claimed anything else. The destruction caused by Bush’s Folly are far reaching indeed.  And where do you come up with the idea that most small business have incomes over 250.000? Sheez Kaipo didn’t that word “small” mean anything to you at all….95% of America have incomes less than 250.000. the mind boggles at your information base.

Shame you never found or believed in the words of good ol Abe in the last decade.

Surprisingly I found by chance an equivalent of “Kaipo’s opinion” in yesterday’s paper’s comics “The Wizard of Id”. I can just imagine him in the position of the King talking to his propaganda minister:

“I’m tired of the same old political gobbledygook” says Kaipo to Limbaugh “Write me something original, something the forum hasn’t heard before” Something meaningful…....

.... Later that day Kaipo proclaims his new opinion “Washbuckets turn sideways after hoards of purple herrings pass the spork”

I now take this opportunity to “bow” out of this rambling chain of non-sense.


Deja Moo: The feeling that you’‘ve heard this bull before.
Unknown

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Posted: 07 February 2010 09:56 AM   [ Ignore ]   [ # 26 ]
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Taken without permission from the “Mallard Fillmore” cartoon strip, Sunday Funnies today.
“Welcome Shareholders!
It’s hard to believe that this all started as a tiny website selling neckties and pet calendars before branching out into electric razors, summer sausage and tube-cheese assortments, and now, men’s frangrances. All built around a simple business model “Sell things nobody wants, but will happily give to other people”. I sort of got the idea from Congress.”

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Posted: 08 February 2010 02:49 AM   [ Ignore ]   [ # 27 ]
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Now that’s funny…

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Posted: 08 February 2010 11:04 PM   [ Ignore ]   [ # 28 ]
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Gee, Jim, the “healthily above 10000” seems not to be (9908.39). Will it drop some more? Only time will tell.

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Posted: 09 February 2010 06:29 AM   [ Ignore ]   [ # 29 ]
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Kaipo
I am forever an optimist. It’s what makes America great. Even you may someday realise that the market goes up and down. An afternoon is a life time in trading and you want to compare a couple of weeks and a comment to historic movements….it’s a big hill but as you have time and again shown your ignorance of anything fiscal I will attempt to continue to patronise your adolescent behavior.

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Posted: 09 February 2010 06:31 AM   [ Ignore ]   [ # 30 ]
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REALLY? Oh, gee, that’s swell.

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