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CBO chief says debt 'unsustainable'
Politico ^ | 4/8/2010 | JONATHAN ALLEN

Posted on 04/08/2010 7:30:02 PM PDT by Red in Blue PA

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To: ohioWfan
Bagdhad Bob will be twisted like a pretzel to turn this into good news.

For those wondering about the fate of Baghdad Bob -- he is now living in the United Arab Emirates with his family. He was never charged with any war crimes when he was captured in 2003. In his last public interview, he made this famous quote : "I am just a professional doing my job."

Here's another thing you might not know --- according to Wikipedia, he is an avowed atheist.
21 posted on 04/08/2010 7:53:28 PM PDT by SeekAndFind
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To: alloysteel

Kalifornia will be our Greece.


22 posted on 04/08/2010 7:53:30 PM PDT by WOBBLY BOB ( FIRE STUPAK: LindaForCongress.com)
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To: Red in Blue PA

related:

“Once Self-Reliant, Now A Nation Of Takers”

http://www.freerepublic.com/focus/f-news/2488700/posts


23 posted on 04/08/2010 7:53:48 PM PDT by WOBBLY BOB ( FIRE STUPAK: LindaForCongress.com)
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To: alloysteel
Question: If the “Untied” States does fracture into a “red country” and a “blue country”, is the “red country” liable for the debts incurred in the name of the “blue country”?

We'll pay them off in Confederate dollars.

24 posted on 04/08/2010 7:54:13 PM PDT by nina0113
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To: Red in Blue PA

Isn’t this the same CBO that gave a thumbs-up to the health care bill and also VASTLY underestimated all prior entitlement programs?


25 posted on 04/08/2010 7:55:07 PM PDT by historyrepeatz
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To: neodad
Now they say it, like that will give them some cover.

They say it now after increasing spending and before raising taxes.

26 posted on 04/08/2010 7:56:29 PM PDT by FreeReign
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To: Red in Blue PA

Doug Elmendorf, best known for...... not speaking out and telling every damn media outlet and American that his CBO numbers were based solely on the bogus assumptions that the democrats gave him and that the costs of the heathcare legislation was actually in the TRILLIONS.


27 posted on 04/08/2010 7:58:08 PM PDT by onyx (Sarah/Michele 2012)
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To: historyrepeatz

I believe the cost of Medicare was underestimated by a factor of ten.


28 posted on 04/08/2010 7:58:27 PM PDT by Deo volente (Hope and Change, aka All Government, All the Time)
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To: FreeReign

Now they tell us.

Thanks Dr. Elmendorf. I bet that President Obama told you
not to tell when he summoned you to the WH last summer.
CBO is supposed to be nonpartisan. RIIIGHT.

Could you have said that BEFORE they passed the 2.5 Trillion dollar Nonaffordable Patient Nonchoice Act?


29 posted on 04/08/2010 7:59:25 PM PDT by preamble
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To: SeekAndFind
Interesting!

I was, of course, referring to that Gibbs boy who routinely makes a fool of himself pretending to be competant and informed at the WH, but it's good to get an update on his prototype. :)

30 posted on 04/08/2010 8:00:19 PM PDT by ohioWfan (Proud Mom of a Bronze Star recipient!)
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To: pb929

“if we have another recession”?????? I didn’t know we’d left the one we are in....


31 posted on 04/08/2010 8:05:54 PM PDT by goodnesswins (The PLANTATION Party is at it again (the DEMS) ....trying to make slaves of everyone)
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To: Red in Blue PA

Wall Street got us into this mess, not Main street.
Let the financial institutions pay a value-added-tax on every financial instrument trade (a transaction tax if you will). Plain and simple. Eliminate the tax after the debt is under control.


32 posted on 04/08/2010 8:07:23 PM PDT by tarpit
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To: Red in Blue PA

Someone post the pic of Captain Obvious.


33 posted on 04/08/2010 8:10:09 PM PDT by lurk
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To: Red in Blue PA

U.S. Taxpayer = Peter
Obama and the Dems = Paul

Guess what? Peter called and he’s PISSED!!!!!

See you in November Paul!!!!


34 posted on 04/08/2010 8:19:09 PM PDT by Anti-Hillary (Yo Barry, IF FOR 20 YEARS YOU STAY IN THE PEW, IT'S BECAUSE YOU SHARE THE VIEW!!!!!)
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To: All
For those wondering about the fate of Baghdad Bob -- he is now living in the United Arab Emirates with his family.

It appears that he has possessed another body.


35 posted on 04/08/2010 8:19:17 PM PDT by ding_dong_daddy_from_dumas (Pat Caddell: Democrats are drinking kool-aid in a political Jonestown)
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To: Red in Blue PA
CBO chief says debt ‘unsustainable’

That's news?

36 posted on 04/08/2010 8:20:50 PM PDT by SmokingJoe
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To: Red in Blue PA

The debt was meant to be unsustainable, by design, thanks to globalist elite controlled Big Government and the Federal Reserve.


37 posted on 04/08/2010 8:23:46 PM PDT by myknowledge (B.H. Obama's just a frontman. A frontman for who? The globalist elite, stupid!)
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To: Kimberly GG
All I can think to say, at this point, is NO SH*T SHERLOCK!!

Couldn't have said it better myself. All I can add is: how convenient!

church lady,convenient,how convenient,dana carvey

Nice that this guy can compartmentalize his duties and obligations to his work so well that, in fulfilling the demands of the fascists in Congress, he completely overlooked the larger implications of the oath he took as a federal officer to uphold and defend the Constitution. He had a duty to say this before the fascists rammed Obastardcare through, not after.

Markets Don't Fail, small
38 posted on 04/08/2010 8:24:26 PM PDT by Oceander (The Price of Freedom is Eternal Vigilance -- Thos. Jefferson)
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To: lurk


39 posted on 04/08/2010 8:24:36 PM PDT by SmokingJoe
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To: ohioWfan
How's the White House going to spin this?

"Minor tinkering" about to become major tinkering...IE cap & tax, VAT, etc...

40 posted on 04/08/2010 8:28:24 PM PDT by WOBBLY BOB ( FIRE STUPAK: LindaForCongress.com)
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