Obama administration works for modernising of american Railways! Why the Heck is moron GOP against? (753)

And you got that chart from the republican national convention right? First things first conrad, get your information straight. It was Bush who began to fight two wars that he couldnt paid for. Borrowing billions per day from China to pay for them.

Secondly, Everything that you are looking at has its origins under the last decade. I suppose you conveniently forgot that the last time this countries budget was balanced and even had a surplus was when Clinton was president. And gee whizz, ever since the republicans came to power....... the deficit seems to have magically just blown out of any sense of proportion and yet you blame it on Obama.

Get a fn clue.



"In an annual revision of the figures, the Treasury Department said Monday that China's holdings totaled $1.16 trillion at the end of December. That was an increase of 30 percent from an estimate the government made two weeks ago."

Now lets get to the part where BUSHES buddies in the banking and oil industries started the whole economic fiasco and then when it crashed they began to beg the government (still under Bush I might add) for stimulus programs so they can continue to pay their execs bonuses.

Dont get me wrong, there are alot of things that Obama could have done/ can do better but dont play this idiotic game of fake numbers and interpretations.

Open your Peepers and look at the Label of the Graph!
Straight from the White House Accounting Office you Clown!

Office Of Management And Budget is at the White House!
So you accuse the Exalted one with fudging the numbers?

Thought you got the info from FOX, glad to see I was right



Fox Nation falsely attributes entire FY09 deficit to Obama
October 09, 2009 12:29 pm ET — 23 Comments

The Fox Nation falsely attributed the entire fiscal year 2009 deficit to President Obama, using the headline "Obama Triples Budget Deficit to $1.4 Trillion" to link to an Associated Press article reporting on the Congressional Budget Office's (CBO) most recent budget review estimate. In fact, only a small portion of the fiscal year 2009 deficit is due to Obama's policies; in January, before he took office or signed any legislation, CBO projected that, based on policies set under President Bush and economic conditions at the time, the deficit for fiscal year 2009 would reach $1.2 trillion.
Fox Nation headline falsely claims "Obama Triple Budget Deficit to $1.4 Trillion"


fox nation clip
But in January, prior to Obama's inauguration, CBO projected $1.2 trillion deficit

$1.2 trillion projection based on legislation passed under Bush before Obama's inauguration. CBO projected on January 7 that, including spending authorized under the Bush administration for the Troubled Asset Relief Program (TARP) and government takeovers of Fannie Mae and Freddie Mac, the deficit would total $1.2 trillion. From CBO's January 2009 budget report, released on January 7:

The ongoing turmoil in the housing and financial markets has taken a major toll on the federal budget. CBO currently projects that the deficit this year will total $1.2 trillion, or 8.3 percent of GDP. That total, however, does not include the effects of any future legislation. Enactment of an economic stimulus package, for example, would add to the 2009 deficit. In any event, as a percentage of GDP, the deficit will most likely shatter the previous post-World War II record high of 6.0 percent posted in 1983.

A drop in tax revenues and increased federal spending (much of it related to the government's actions to address the crisis in the housing and financial markets) both contribute to the robust growth in this year's deficit. Compared with receipts last year, collections from corporate income taxes are anticipated to decline by 27 percent and individual income taxes by 8 percent; in normal economic conditions, they would both grow by several percentage points. In addition, the estimated deficit includes outlays of more than $180 billion to reflect the cost of transactions of the TARP.

The projected deficit for 2009 also incorporates CBO's estimate of the cost to the federal government of the recent takeover of Fannie Mae and Freddie Mac. Because those entities were created and chartered by the government, are responsible for implementing certain government policies, and are currently under the direct control of the federal government, CBO has concluded that their operations should be reflected in the federal budget. Recognizing the cost of the takeover adds about $200 billion (in discounted present-value terms) to the deficit this year, reflecting the long-term net cost of the more than $5 trillion in credit guarantees issued and loans held by those entities at the start of the fiscal year. In addition, the cost of Fannie Mae's and Freddie Mac's new credit activity in 2009 will total $38 billion, CBO estimates.

Doesn't matter how you twist it,those Figures come from the White House!

and it isn't 2009 we're talking about!
Look at the Graph!

Whos twisting what here? You post a chart inferring that Obama triples the deficit when in fact he did not. Numbers dont lie Conrad, but you do.

I might have mistaken the source for the numbers BUT I was not the one who knowingly posted a blatantly false headline purposely designed to mislead and cause confusion.

A trick the conservatives and republicans are quite practiced at.

I know you for what you are now. A liar.

That graph is still dealing with the Bush era idiocies. And it will be doing so for the foreseeable future.

The truth hurts doesnt it buddy?


But I noticed you didnt even attempt to refute that. Only tried to redirect the issue to a different focus. Only a person who knows that they are lying would do that.

Sad Conrad, very sad.

The White House created the Graph!
Your Darling Prez!
Still want to tell me it isn't factual?

Did I say it wasnt factual? I admitted to mistaking the source of it many posts ago. I also said that you did not create the graph.

What I did say was that that graph is still showing the effects of the Bush eras idiocies and will be showing that for a very long time.

I also said that you Conrad, lied by knowingly positing a false headline to try to mislead and cause confusion and doubt if not outright anger regarding the ACTUAL meaning of that chart.

Be a man Conrad and admit to knowingly posting false information. Skip harping about the graph itself. It was your intent on posting it that is in question. And these last few posts of yours have done absolutely nothing to refute the fact that you lied.

Nothing.

so you now know my intent!
You're even more of a Barrel of Laughter than Dude! and what false headline would that be,my Ad Hominem Friend?
That Obama is spending like a Dummy?
Money he doesn't have,as that Graph so GRAPHICALLY shows?
That he prints money like a dumba**?

Hello!
I didn't post a Headline!

Of course I know your intent. Its obvious to anyone who reads your posts. You hate Obama and will do anything to undermine whatever support he has. Including lie.

And yet once again you fail to even attempt to refute the fact that you knowingly presented false information. Just keep trying to shift the focus to something else. Keep on point with your next post ok?

Oh Please,
You posted the false FOX headline of Obama triples the deficit.
And again, you knew it was false when you posted it.

Look at the Graph,Sunshine!

It seems to me you are new in the political forum.Very soon you will find out,that some of the posters,WILL NEVER ADMIT they are wrong,especially right wing and GWB supporters,their paste and links are the only accurate ones,and yours are non admissable ones,etc,etc,etc,do you get the drift.And finaly they will never admit,that have posted false information,they will come back to you with twists and turns and direct the debate in such a way suitable to their agenda.

Nice try buddy but youre not going to get out of this one. Anyone who has been following this little chat of ours knows what you did.
Just as they know that youve been caught and where one lie in out in the sunshine, just how many more are still in the dark?

Hell, even Palin and Bachmann can see it for what it is.

Don't expect admission of false information posted.-