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To: The Reaper who wrote (203149)	5/20/2009 9:03:13 AM
From: Bank Holding Company	Respond to of 306849

> Now we'll see if they get the message in Sacramento. << Dream On!!

To: The Reaper who wrote (203149)	5/20/2009 9:35:49 AM
From: Skeeter Bug	Read Replies (1) \| Respond to of 306849

>>So who do we blame then as now for overspending?<< gvoernment. that would be obama and the dem congress right now. >>Reagan was dealing with an overwhelmingly Democratic House and after 1986 a Democratic Senate with no line item veto power. The Reagan tax cuts doubled the Federal tax revenue.<< that's temporary. tax cuts only generate so much before they start to hurt revenues. a tax rate of 0% brings in $0. >>Congress managed to spend every penny of it and then some.<< an reagan signed off and stood by mum. reagan got what he wanted. that's my point. reagan had his priorities and massive deficits fit right in with his agenda. remember, deficits make the owners of the fed rich. remember who put greenspan in place - a guy who made the fed owners even richer. >>At least now we have the line item veto, although I don't think the current administration will be vetoing any spending.<< not any more than the last one! republicrats and demicans are different sides of the same coin. >>Skeet, I know you are up on CA politics, does the Gobernator have the line item veto?<< no, i don't think he wants it. he's gray davis with saggy muscles now. >>5 props went down in flames. Now we'll see if they get the message in Sacramento. Doubt it.<< they won't. they'll vote another tax increase and guess who will be responsible? republicrats, just like when they passed the largest tax increase in state history a few months ago - and they were all in it together - the republicrats voted to put 1A on the ballot.