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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: stockman_scott who wrote (168143)	8/7/2011 1:22:59 PM
From: longnshort	Respond to of 543686

Obama cost us our credit rating. He's done, might as well resign and move back to Kenya

To: stockman_scott who wrote (168143)	8/7/2011 1:23:44 PM
From: Sam	Read Replies (1) \| Respond to of 543686

Where in this debate has Dick Cheney been, anyway? Didn't "Reagan prove that deficits don't matter"? The Boston Globe ran a chart last Sunday that I’d buy billboard space to reproduce in every decent-size city in America, if I were running the Democratic National Committee. The premise of it was very simple: It showed how many trillions each president since Ronald Reagan has added to the nation’s debt. The debt was about $1 trillion when Reagan took office, and then: Reagan, $1.9 trillion; George H.W. Bush, $1.5 trillion (in just four years); Bill Clinton, $1.4 trillion; Obama, $2.4 trillion. Oh, wait. I skipped someone. George W. Bush ran up $6.4 trillion. That’s nearly half—44.7 percent—of the $14.3 trillion total. We all know what did it—two massive tax cuts geared toward the rich (along with other similar measures, like slashing the capital gains and inheritance taxes), the off-the-books wars, the unfunded Medicare expansion, and so on. But the number is staggering and worth dwelling on. In a history covering 30 years, nearly half the debt was run up in eight. Even the allegedly socialist Obama at his most allegedly wanton doesn’t compare to Dubya; and Obama’s debt numbers, if he’s reelected, will surely not double or even come close as we gambol down Austerity Lane.

To: stockman_scott who wrote (168143)	8/7/2011 1:26:12 PM
From: longnshort	Read Replies (1) \| Respond to of 543686

Sen. John Kerry (D-MA) on NBC's "Meet the Press" and Obama campaign adviser David Axelrod on CBS' "Face the Nation" lead a new propaganda push against the Tea Party movement. First they were "astro-turf", then racist, then stupid, then violent, then dangerous, then terrorists, and now they're responsible for the S & P downgrade even though the Tea Party was pushing for the exact entitlement reforms that would have avoided the downgrade. It's obvious that the White House is fearful that the president will be blamed for the unprecedented downgrade of America's bond rating. Dems New Spin: ‘The Tea Party Downgrade’ breitbart.tv