Comments on: Federal Deficit Shrinking In 2007

So Far, Government Debt Is $157.3B, Nearly $80B Improvement From Last Year, Treasury Department Reports

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by gracchus1 August 10, 2007 8:27 PM EDT
history_101,

I think you have the deal with China backwards. You seem to think we can turn the tables on the Chinese. Actually, we are in debt to them. And wait until they get rid of our treasury bills. Then we will watch you and the rest of the neocons get drunk and publicly weep while the banks repossess your houses, cars, boats. etc.
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by history_101 August 10, 2007 8:05 PM EDT
Also did anyone see the New York Times poll that showed that only 51% American people think that the war in Iraq was a mistake (that's within the margin of error for this slim majority). The Times was so suprised by the result they actually did the poll twice to confirm the result.

Get ready Libs the Dems are setting up a 180 degree shift on Iraq before November '08. Of course the Democrat base will follow by their noses all the way to the ballot box.
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by history_101 August 10, 2007 7:59 PM EDT
government out of control that it is, he sees it as a guide book for fooling idiots, small children and republicans.
Posted by RandalDS at 04:50 PM : Aug 10, 2007


And who's pulling who's chain on the "We'll get the troops out Iraq" line?
Did anyone else hear Senator Dick Durbin (D-Illinois) say on CNN that in his opinion the surge is working in Iraq and that we are %u201Cintercepting al Qaeda%u201D with our operations.

Sounds like the Dems are setting up the base for a change of rhetoric on the war in Iraq.

How long before Hillary claims that she supported the war all along?
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by randalds August 10, 2007 7:57 PM EDT
"Actually the war on terror is going pretty well, no attacks in the US in 6 years."

"I actually like that we borrow from the Chinese, it keeps them out of other countries cuz if they get out of line we'll just default on the debt."

Posted by history_101

Both of those comments are so breathtakingly ignorant that they defy a serious response. You really ARE a neoconservative republican! You must be because the RNC could never find anyone so ignorant and with such little self-respect as to say such incredibly stupid things for mere money. I can only shake my head in wonder at how such a tiny brain could generate enough energy for you to be able to type. You are one of nature's wonders for sure.
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by randalds August 10, 2007 7:50 PM EDT
In Orwell's 1984 there is a part where the government has to cut the weekly chocolate ration from 25 grams down to 20 grams. However instead of saying that, the Ministry of Truth (in our case the Bush White House) announced with much fanfare that the chocolate rations were being increased to 20 grams, without mentioning that they had been 25. Of course all of the idiots praised Big Brother for the increase in the chocolate rations! Rove is obviously a good student of Orwell, but instead of seeing it as the warning of a right wing government out of control that it is, he sees it as a guide book for fooling idiots, small children and republicans.
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by history_101 August 10, 2007 7:48 PM EDT
Again thank you Karl Rove. How much does the RNC pay you for handing out this cr*ap that you're posting here? Our family income is none of your business, but it's not minimum wage. As for Bush's handling of the economy, tell it to the Chinese who he's borrowed more then $1 trillion dollars from. I'm sure they'll get a good chuckle out of it.
Posted by RandalDS at


I actually like that we borrow from the Chinese, it keeps them out of other countries cuz if they get out of line we'll just default on the debt. What are they going to do swim over here to collect? And besides, who'll buy all the stuff they make?
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by history_101 August 10, 2007 7:45 PM EDT
Actually the war on terror is going pretty well, no attacks in the US in 6 years. The Democrats seem to agree, they pass the FISA bill and haven't gotten us out of Iraq yet. Could they know something you don't? They sold the libs a bill of goods "We'll bring the troops home" my @ss. And you guys bought it hook, line and sinker. ROFLMAO! Harry Reid says "We've had 100 investigations and we're going to have a 100 more" i.e we're going to put this off for at least 6 more months. Hah Hah!
Code Pink members leave Move On.Org becuase it supports the Dems vote on the Iraq funding bill. The Daily Kos boots Cindy Sheehan cause she's going to run against Pelosi for not Impeaching Bush.
Its all about appeasing the base while doing what's right, fighting the war on terror over there.
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by condumism August 10, 2007 7:40 PM EDT
Posted by infidel_us, a SOUTHERN FASCIST

And what's your deal with the south? Was your momma raped by the white devil slave master???
What a f**king loser you are.

I'm still looking for a reply as to your family heritage. You speak as though you're an inbred, which is apparent with soooooo many Southern idiots that can't speak English correctly. I'm guessing that your Daddy is also your mommy's first cousin. Your posts are so full of hatred for America it's shocking to most. Now how about your kids? You married your first, or second cousin? Must be a drag to know that you come from recycled DNA............... Yet you're probaly in such deep denial, you can't even think with any accuracy whatsoever. Too hungover from yesterday, are you?
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by randalds August 10, 2007 7:38 PM EDT
Typical jealousy, god bless the rich, they pay the majority of the taxes (top 5% pay %50 of revenues) while the lower incomes pay $0. Ya know if you made more than miniumum wage you might get back more than $20 in your tax cut.

Posted by history_101 at 04:31 PM : Aug 10, 2007

Again thank you Karl Rove. How much does the RNC pay you for handing out this cr*ap that you're posting here? Our family income is none of your business, but it's not minimum wage. As for Bush's handling of the economy, tell it to the Chinese who he's borrowed more then $1 trillion dollars from. I'm sure they'll get a good chuckle out of it.
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by history_101 August 10, 2007 7:31 PM EDT
surplus and then crow with "success" when if comes down to merely horrible levels instead of crushing. The tax cuts for the rich (We're middle-class and ours only came out to about $20!) and borrowing our great grandchildren into debt to pay for this war of choice are wreaking the economy for everyone but the rich. The average joe-six-pack is getting scre*wed.
Posted by RandalDS at 04:26 PM : Aug 10, 2007


Typical jealousy, god bless the rich, they pay the majority of the taxes (top 5% pay %50 of revenues) while the lower incomes pay $0. Ya know if you made more than miniumum wage you might get back more than $20 in your tax cut.
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by randalds August 10, 2007 7:29 PM EDT
Yet, as a percentage of GDP it continues to decline. The tax cuts have WORKED! The federal treasury is receiving RECORD REVENUES. Bush deserves great praise for his handling of the economy.

Posted by history_101 at 04:15 PM : Aug 10, 2007

Thank you Karl Rove. You going to praise him for his handling of the war on terror next? Or maybe his blazing fast reaction to Katrina?

Far from being "praised", Bush deserves to be set on fire, then pis*sed on to put it out and then thrown in prison to awaited sentencing from an international court.
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by randalds August 10, 2007 7:26 PM EDT
Classic republican-think. Run the deficit up to record levels after being handed a surplus and then crow with "success" when if comes down to merely horrible levels instead of crushing. The tax cuts for the rich (We're middle-class and ours only came out to about $20!) and borrowing our great grandchildren into debt to pay for this war of choice are wreaking the economy for everyone but the rich. The average joe-six-pack is getting scre*wed.
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by infidel_us August 10, 2007 7:22 PM EDT
Your ignorant posts suggests you're also an avid Fascist FOX viewer, same as all you the other inbred southern fools pigs that hang around these boards.
Posted by ConDumism at 04:12 PM : Aug 10, 2007

And you are obviously an uneducated Oprah stooge. Where does your economic acumen come from? Rosie O'Lardass? The dailykoz? Or some anti cracker site that you need a secret "brutha" handshake to gain access to?

And what's your deal with the south? Was your momma raped by the white devil slave master???

What a f**king loser you are.
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by infidel_us August 10, 2007 7:18 PM EDT
Man, what ARE the libs going to do??? First the war is turning around, now the Federal Deficit is shrinking......next thing you know, I'll be reading that all the libs in the US are moving to Canada!!

All I can say is, don't let the door hit you on the way out!!!! LOL

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by history_101 August 10, 2007 7:15 PM EDT

Yet, as a percentage of GDP it continues to decline. The tax cuts have WORKED! The federal treasury is receiving RECORD REVENUES. Bush deserves great praise for his handling of the economy.

The US GDP was $13.13 Trillion last year (public debt is about 65% of GDP), that's a per citizen rate of about $44,000. The per capita debt is about $30,000. Seem like a lot? Not really, how many people do you know that make more money than their total debt in a year? In fact most American's total debt in their mortgage(s) is more than they make in a given year, and that doesn't count car loans, credit cards, etc. Personal debt is a bigger problem than the Federal debt. As an example look at the panic related to all the people who took out mortgages they can't pay.

That being said we should still work towards a leaner, less wasteful government, because in the end it is still our money.
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by condumism August 10, 2007 7:12 PM EDT
Posted by mbcsmith

Yet, as a percentage of GDP it continues to decline. The tax cuts have WORKED! The federal treasury is receiving RECORD REVENUES.

Only a braindead fascist would make such an arrogant comment. This is all you Southern GOPigs have to go by? % of GDP declines? 2007 INTEREST on the Reagan/Bush debt now over $500 BILLION per year. That's over $1650 per person in 2007 in wasted money to service an aggregious debt. Your ignorant posts suggests you're also an avid Fascist FOX viewer, same as all you the other inbred southern fools pigs that hang around these boards.
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by mbcsmith August 10, 2007 7:01 PM EDT
The National Debt has continued to increase an average of
$1.39 billion per day since September 29, 2006!


http://www.brillig.com/debt_c
lock/
Posted by IOWEIGN at 03:31 PM : Aug 10, 2007


Yet, as a percentage of GDP it continues to decline. The tax cuts have WORKED! The federal treasury is receiving RECORD REVENUES. Bush deserves great praise for his handling of the economy.
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by sjc_1 August 10, 2007 6:50 PM EDT
Something does not add up here. Let's say they claim that the deficit has been running, oh let's say on average $300 billion per year for the last 6 years. However, the DEBT has expanded almost $3 trillion in the same period. That would make the deficits average more like $500 billion per year over that period. This does not add up. There has been some interesting "off budget" accounting going on here and I think that the public deserves the truth.
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by ioweign August 10, 2007 6:31 PM EDT
U.S. NATIONAL DEBT CLOCK

The Outstanding Public Debt as of 10 Aug 2007 at 07:28:24 PM GMT is: $8,944,604,308,472.14

The estimated population of the United States is 302,670,243 so each citizen's share of this debt is $29,552.31.

The National Debt has continued to increase an average of
$1.39 billion per day since September 29, 2006!


http://www.brillig.com/debt_clock/
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