Posted on 11/06/2008 6:12:42 AM PST by Zakeet
During their campaigns for the White House and Congress, Democrats played up their ambitious plans to cool a warming planet, revive the economy and fix a broken health care system.
But House Speaker Nancy Pelosi, in her first news conference since the party's big election victory, warned Wednesday that Democrats might have to scale back the size of their proposals as tax revenues slow and federal budget deficits soar because of a sluggish economy.
"I think it's important for the American people to know that many of our options have been diminished because of the downturn in the economy," Pelosi said. "We have a lot less money to draw upon."
It would not be the first time that campaign pledges have succumbed to cold, hard fiscal reality. But the current budget picture is especially gloomy: The Treasury Department reported that it will have to borrow $550 billon this quarter to pay for the rescue of U.S. financial firms. Wall Street bond traders now predict the United States will have to borrow $1.4 trillion this fiscal year and that the budget deficit could reach $1 trillion.
(Excerpt) Read more at sfgate.com ...
I'm starting to get a sense that my initial reaction to Tuesday's election results was all wrong -- and that 2009-2010 are going to be two of the most comical, entertaining years of my lifetime in terms of national politics.
Sort of like 1993-94 all over again.
There's something stirring inside me, folks . . . I'm feeling a sense of freedom and liberation that I haven't felt in years.
LOL. I think I've come across a few great posts of yours in the last couple of days, FlashBack.
I get in a few now and then!
Actually, I think it's going to be the other way around.
The 0bama administration is going to disappoint a lot of people on the Left when it comes to foreign policy.
In fact, having a leftist named Barry Barack Hussein Obama in the White House is going to give this country the political cover to do a lot of things that nobody ever would have imagined if the U.S. president were some middle-aged white guy.
Ok, that's not strictly true, but my evil alter ego on DU is going to be singing that tune as often as possible over in DUmmieland.
WITHOUT GUBMINT SUBSIDY... THERE WILL BE NO GREE JOBS!
There is no money for subsidy. Shout it from the rooftops!
LLS
I Do Not Choose to Be a Common Man
It is my right to be uncommon -- if I can.
I seek opportunity -- not security. I do not wish to be a kept citizen, humbled and dulled by having the state look after me.
I want to take the calculated risk; to dream and to build, to fail and to succeed.
I refuse to barter incentive for a dole. I prefer the challenges of life to the guaranteed existence; the thrill of fulfillment to the stale calm of utopia.
I will not trade freedom for beneficence nor my dignity for a handout. I will never cower before any master nor bend to any threat.
It is my heritage to stand erect, proud and unafraid; to think and act for myself, enjoy the benefit of my creations and to face the world boldly and say, “This I have done.”
By Dean Alfange
The Dems have less money to operate with???!!! Baloney. Let’s see, Buffet, Soros, and Gates have billions, and there are tons of other lib billionaires like Oprah and the New York and Hollyweird crew. Dear rich libs, unload your unearned (if you’re white...even if you’re not) riches and give them to the deserving downtrodden who live in, as we’ve been told by Obama’s mentors, the worst country in the world. Give...give until you have no more. That would be the fair thing to do.
I know them too. I have a co-worker who was crazy for Obama and hates Bush and Republicans like you wouldn't believe. His nickname known to the rest of the workers, even other Dems is ....BUBBLEHEAD.
In short according to Obama, America is a great country...that’s why I want to fundamentally change it.
Lots of comments at the end of the article. A lot of “I told you so.” from the few Conservatives. One liberal dimwit called Pelosi a “closet Republican”.
Reality bites.
>>well the “change” lasted all of a day.<<
Wow, who would have seen this coming?
You mean to tell me that they CAN’T deliver all their promises?????
What about the CHANGE?
Sounds alot like John Gait, a la Atlas Shrugged.
Or -- as one Freeper put it in a very entertaining post last night . . . Atlas Barfed.
I already had the envelope addressed, licked and stamped with the info on my mortgage payment in it!
You done got thrown under the bus too!
So, yes, the Obots got sold a bill of goods. That realization may be the funniest thing to come out of the election.
"Every election is a sort of advance auction sale of stolen goods." H. L. Mencken
Geez, that lady needs a "Finishing School."
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