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Obama To Hike 10-Year Deficit to $9 Trillion
Reuters ^ | August 21, 2009 | Jeff Mason

Posted on 08/21/2009 2:31:06 PM PDT by khnyny

click here to read article


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To: KansasGirl
"Wasn’t the deficit only around $500 billion when Bush left office?"

$455 billion for fiscal 2008 with Bush and the Democratic Congress. It was only $160 billion for fiscal 2007 with the Republican Congress and Bush.

61 posted on 08/21/2009 4:17:45 PM PDT by avacado
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To: tobyhill
What ever happened to “cutting the deficit in half in 5 years”.

Obama takes the deficit to $2 trillion in fiscal 2009 and then cuts it in half to $1 trillion per year! Presto!!!

62 posted on 08/21/2009 4:19:26 PM PDT by avacado
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To: Gabrial; KansasGirl

Thanks. I knew some smart FReeper would answer the question.:)

(my sis is the numbers guru, I’ve been designated as “the creative one” - that’s code for loser, lol).


63 posted on 08/21/2009 4:21:15 PM PDT by khnyny (Barack Obama and Chauncey Gardiner: separated at birth)
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To: khnyny
What the hell is $9,000,000,000,000 to somebody who never
earned more than $10,000 per year in his life?

ficking unsane.

64 posted on 08/21/2009 4:22:58 PM PDT by glock rocks (health care, gun safety and climate change are strawmen. It's all about CONTROL.)
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To: khnyny

I hope these two (and her Mother in Law) are enjoying the royal treatment in the White House, the Executive Jets from Andrews AFB, the limos, the chefs, Camp David, the unlimited travel, the political patronage jobs for their friends, the money, and all the rest.

`There will be civil war in US in 2009`

65 posted on 08/21/2009 4:27:50 PM PDT by SkyPilot
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To: Portnoy

It’s the Friday of the third week of August. Sneaky, sneaky.

This story needs to be followed up next week and blasted everywhere.


66 posted on 08/21/2009 4:30:24 PM PDT by khnyny (Barack Obama and Chauncey Gardiner: separated at birth)
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To: SkyPilot

The old new Civil War in the Us, eh? (oxymoron?)

Anyway, ain’t gonna happen if people are smart. Imho, that would just justify martial law, confiscation of guns, etc. The old “divide and conquer” routine. This is not about race or class warfare. This is a battle of ideals. Instead, we need to find legitimate, legal, effective ways to hold our leadership and media accountable and to SELECT BETTER CANDIDATES. Don’t fall into Rahm Emanuel’s trap of “never let a good crisis go to waste”.

Socialism/communism/facism (most ism’s) stifle productivity and creativity. Two vital, necessary elements for real prospertity and progress, imho.

Btw, I actually LOVE Michelle’s dress in that photo!


67 posted on 08/21/2009 4:43:12 PM PDT by khnyny (Barack Obama and Chauncey Gardiner: separated at birth)
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To: indylindy

I am with you 100%! I don’t find it funny at all.


68 posted on 08/21/2009 4:45:02 PM PDT by PhiKapMom (Mary Fallin - OK Gov/Coburn - Senate 2010 ! Take Back the House/Senate! Stop ZERO!)
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To: AGreatPer

That makes two of us although I did mine earlier in the year when a good friend said to GET OUT of THE MARKET NOW! I already was extremely concerned and that did it for me.

Had a small account that originally had $220 in it for growth stocks at TIAA CREF — it went over 600 and then fell way back. That has been my gauge to stay out of the market. Almost want to bury money in the backyard now.


69 posted on 08/21/2009 4:50:02 PM PDT by PhiKapMom (Mary Fallin - OK Gov/Coburn - Senate 2010 ! Take Back the House/Senate! Stop ZERO!)
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To: khnyny

Pure treason.


70 posted on 08/21/2009 4:55:37 PM PDT by Psycho_Bunny (ALSO SPRACH ZEROTHUSTRA)
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To: khnyny
Obama To TAKE A Hike 10-Year Deficit to $9 Trillion

That's what I was hoping this headline said when I started reading it.

71 posted on 08/21/2009 5:03:23 PM PDT by CougarGA7 (My tagline is an honor student at Free Republic Elementary School.)
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To: AGreatPer

This is a suckers’ rally. I don’t feel left out at all, being on the sidelines.


72 posted on 08/21/2009 5:26:44 PM PDT by clintonh8r ("Seems fishy")
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To: SkyPilot

It says “FOX” in back of Obama’s head in that picture. I guess if he’s the fox, America’s future is the hen house.


73 posted on 08/21/2009 5:30:00 PM PDT by 444Flyer (FReepers and freedom lovers, we are in a gigantic TUG-OF-WAR for our nation and our Constitution.)
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To: American Dream 246

There are around 550 of them vs. 300+ million Americans. If 550 can destroy this country then we are cowards and deseve to live with a jackboot on our throats and we will.


74 posted on 08/21/2009 5:38:27 PM PDT by mojitojoe (Socialism is just the last “feel good” step on the path to Communism and its slavery. Lenin)
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To: ichabod1

And he will NEVER give up power.
_________________
Time will tell. 100 million heavily armed citizens plus our military will be the reason he will NOT remain in power as he plans.


75 posted on 08/21/2009 5:42:39 PM PDT by mojitojoe (Socialism is just the last “feel good” step on the path to Communism and its slavery. Lenin)
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To: AGreatPer

Will admit, I can’t stand it in the kitchen.
_______________
I’m with you, already did it.


76 posted on 08/21/2009 5:43:50 PM PDT by mojitojoe (Socialism is just the last “feel good” step on the path to Communism and its slavery. Lenin)
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To: khnyny

He is off to fast for Ramadan after bankrupting the country.


77 posted on 08/21/2009 5:55:36 PM PDT by omega4179 (-9 dptp I0)
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To: khnyny

And three more banks declared dead on FDIC Friday.

You’re doin’ a great job, affirmative-action president.


78 posted on 08/21/2009 6:04:01 PM PDT by Ghost of Philip Marlowe (I want all communists to fail.)
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To: SunkenCiv

Yep. No one who has read even the most basic books on economics would undertake these policies thinking they would help the economy.

They want to destroy all faith in equities markets so that US citizens invest only in T-Bills, notes and bonds.

And on top of that, they want to destroy the US dollar so that America is no longer the richest most powerful nation in the world, so that we’re just another piglet sucking at the teat of the world bank begging the UN for forgiveness.


79 posted on 08/21/2009 6:08:26 PM PDT by Ghost of Philip Marlowe (I want all communists to fail.)
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To: Ghost of Philip Marlowe

That’s right - all the dead banks dumped into oblivion on Friday afternoon - so sad - too bad.


80 posted on 08/21/2009 6:08:47 PM PDT by khnyny (Barack Obama and Chauncey Gardiner: separated at birth)
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