Liberal Democrats seek to expand stimulus package beyond $1 trillion (looting of Treasury quickens)

The Hill ^ | 1/19/09 | Mike Soroghan

[April Lexington]

“Some of us are saying...

Where do these people get these numbers???

[GeronL]

They want to bankrupt this country

[Tarpon]

What they gonna do when it all runs flat?

[SkyDancer]

I wonder if we could start equating ammo rounds to dollars or how soon ... if a .45 round was worth a shot of whiskey in the old west then today it would take ‘x’ amount to buy ...? And how would it vary with size as in what would one 30-06 round be worth?

[traditional1]

For the "Common Good", eh?

Well, keep going, you socialist bastards.......you can't get blood out of a turnip, and you're goin' to the well once too often!

[sniper63]

“Nazi Pelosi”, speacks to her minions.

“Hey guys if we can devalue the dollar even more, everyone will have to be on our payroll, and we own everything”

“Maniacal laughter fades off”

[VanDeKoik]

All of this leads me to recall a scene in Back to the Future II where Marty McFly, in order to fit in with the clothing styles of 2018, had to wear his pockets inside out. I always wondered what would ever lead kids to want to do that. Now I see it was likely to symbolize that their generation is completely broke due to the excessive spending of the previous 10 years by government.

[originalbuckeye]

Then we will be so indebted to the Government that they will have immense control over us. Welcome to Socialism. My husband asked why I supported the first bailout and not this one. The first bailout was billed as ‘loans’ to be paid back with interest. This new bailout is just free money. There will be no return on all those public sector jobs 0bama wants. It will just be debt for us to try to cover over the next century.

[twoputt]

I truly fear for my children’s future.

[Recon Dad]

The headline on this article is a not quite accurate. Looting indicates there is something there to take. There's nothing in the cookie jar folks.

[Tarpon]

The painful lessons of history not learned, are painful.

[MarkL]

I'm not much of an "economist," and I may be mistaken, but the last numbers I saw were that the GDP of the USA is roughly 13 trillion dollars. So this stimulus bill, and previous ones are the size of more than 1/10th of all the goods and services produced in the USA in a year. Does anybody really believe that this won't cause the USA to default on her obligations? And let's remember that we have a fiat currency, the value of which is based on the "full faith and credit" of the USA. Well, what happens when the faith is lost, and no more credit will be extended to Uncle Sam? Does this mean we should prepare for economics like we can see today in Zimbabwe?

Mark

[Terry Mross]

You said “I truly fear for my children’s future.”

I don’t. My kids voted for O-boy. Let ‘em reap what they sow. By the way, they were influenced by their momma, a dumb as rocks liberal.

As for the trillion, if I can I’m getting in line to get some if I can.

[HarryH]

Yes, the looting begins.. NO SURPRIZE~

[Uncle Miltie]

How can conservatives object to Obama’s Trillions for Main Street when Bush’s Trillions for Wall Street went to people who got us into this mess?

[meyer]

Yes, the looting begins..

That's exactly what it is - looting. When will it be time?

[Boanarges]

“Does this mean we should prepare for economics like we can see today in Zimbabwe?”

I truly doubt it. Europe is in worse shape. And there is printing and bailing in other parts of the World as well. Those financial troubles and their appropiate fixes make for an offset to the U.S. The dollar is the reserve currency still and it’s been quite strong of late. It’s up almost 2% this evening as i write. But, who knows, maybe the US Dolar is in it’s own bubble of sorts. I’ll say this....this whole blasted mess is damn confusing.

[PugetSoundSoldier]

The deficit shot up in 2002 and 2003 (after 9/11 and the economic hit from that), and then was FALLING steadily, under $200 billion in 2006.

Then the Slavery Party took over, and the deficit immediately exploded to over $400 billion. And now, with their Marxist Messiah in control, he’s promising $1 trillion deficits for the foreseeable future!

Libtards always forget that spending STARTS in the House!

[EQAndyBuzz]

“What they gonna do when it all runs flat?”

Blame Bush and insist on Police state when the riots start.