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Thread: Jerry Brown: California's deficit is gone

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    Re: Jerry Brown: California's deficit is gone

    Quote Originally Posted by danarhea View Post
    OK, so projecting this to the national budget, Bush may have left a mess, but it all began when Clinton, as well as BOTH the Democrats and Republicans gutted the Glass -Steagal Act. Bush just rode with the horse that was handed him, and did more. But our crashed economy did begin with Clinton.

    Now here is the problem I have. Sure, Bush was in office when the economy crashed, but it takes two to tango, and the Democrats and Republicans were perfect dance partners. What pisses me off are the dittoheads on both sides who only want to blame the other side for what happened.

    OK, so Brown fixed California's economy. Good. But let us not accuse ONLY Republicans of leaving messes. That is hyperpartisan douchebaggery at it's worst.
    Now hold it. California's economy is not only not fixed, but by all measures done with sound math, appears to still be going off the big cliff. That Brown has projected that it is "fixed" is nonsense for the gullible.

    As for giving Bush a pass on the Housing crash, many of us have not. Yes, he inherited the bubble from Clinton and his wonder boy Andrew Cuomo. But he only rode the wave, rather than making any legitimate attempt to stop it. Bush deserves more blame than Clinton. Glass-Steagle was not the culprit. The huge expansion of Fannie and Freddie was. The bubble was independent of Glass-Steagle. It was the stuff of hyper-inflation in housing. The bubble attracted every financial rat out there. Glass-Steagle only allowed more pigs at the trough, but make no mistake, that trough was going to be full with feeders regardless. And the bubble was going to burst regardless. And folks were going to be underwater regardless.

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    Re: Jerry Brown: California's deficit is gone

    Quote Originally Posted by Eighty Deuce View Post
    I believe he would be seen as way too old to be elected.
    Yet another deflection. You and i both know he would be primaried in a New York Minute by the baggers.
    The haggardness of poverty is everywhere seen contrasted with the sleekness of wealth, the exhorted labor of some compensating for the idleness of others, wretched hovels by the side of stately colonnades, the rags of indigence blended with the ensigns of opulence; in a word, the most useless profusion in the midst of the most urgent wants.Jean-Baptiste Say

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    Re: Jerry Brown: California's deficit is gone

    Quote Originally Posted by Whipsnade View Post
    Your the one that runnin and attempting to deflect from the truth. Are you saying that the social security and Medicare trust funds are not required by law to be included in the calculations of the budget surpluses? And that trust fund accounting doesn't require that the surplus dough in the fund be segregated from the government's general account?Is this what you're sayen?
    No, not at all. What I am saying is that based on historical debt data posted on the US Treasury's website there was no year since the late 50's (Ike's years) that the debt went down in sequential years. That is a FACT.
    "The fact that we are here today to debate raising America's debt limit is a sign of leadership failure" - 2006 Senator Obama...leadership failure indeed!

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    Re: Jerry Brown: California's deficit is gone

    Quote Originally Posted by Whipsnade View Post
    Yet another deflection. You and i both know he woould be primaried in a New York Minute by the baggers.
    **** that nonsense. Speak for yourself, but you sure as **** do not have the mental capacity to speak for me.

    Ike ran a surplus. Seems to me that "baggers" would be most impresssed with such ! Seeing as you can't even take simple debt numbers at face value, why should I, or anyone, put any stock in your opinion ?

    I don't, btw.

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    Re: Jerry Brown: California's deficit is gone

    Quote Originally Posted by Dickieboy View Post
    No, not at all. What I am saying is that based on historical debt data posted on the US Treasury's website there was no year since the late 50's (Ike's years) that the debt went down in sequential years. That is a FACT.
    I showed you three of them.Fog setten in Eh?Here's some homework for you,seeings as you like the numbers on treasury direct and all.


    Take= 16,432,680,097,613.85, which is (Total Public Debt Outstanding) and deduct= 4,855,259,202,279.98 which is (Intergovernmental Holdings) and see if you donít come up with =11,577,420,895,333.87 which is Debt Held by the Public).Debt Held by the Public,which was the numbers that I put up below.

    In 1999 Revenues were (Debt Held by the Public) (1,827.5) outlays were (1,701.8)

    In 2000 Revenues were (Debt Held by the Public) (2,025.2)outlays were (1,789.0)

    In 2001 Revenues were (Debt Held by the Public)(1,991.1)outlays were (1,862.8)
    The haggardness of poverty is everywhere seen contrasted with the sleekness of wealth, the exhorted labor of some compensating for the idleness of others, wretched hovels by the side of stately colonnades, the rags of indigence blended with the ensigns of opulence; in a word, the most useless profusion in the midst of the most urgent wants.Jean-Baptiste Say

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    Re: Jerry Brown: California's deficit is gone

    Quote Originally Posted by Eighty Deuce View Post
    **** that nonsense. Speak for yourself, but you sure as **** do not have the mental capacity to speak for me.

    Ike ran a surplus. Seems to me that "baggers" would be most impresssed with such ! Seeing as you can't even take simple debt numbers at face value, why should I, or anyone, put any stock in your opinion ?

    I don't, btw.
    Then it seems the"baggers"shoulda been impressed by Clinton seeings as he did THREE times.
    The haggardness of poverty is everywhere seen contrasted with the sleekness of wealth, the exhorted labor of some compensating for the idleness of others, wretched hovels by the side of stately colonnades, the rags of indigence blended with the ensigns of opulence; in a word, the most useless profusion in the midst of the most urgent wants.Jean-Baptiste Say

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    Re: Jerry Brown: California's deficit is gone

    Quote Originally Posted by Whipsnade View Post
    Then it seems the"baggers"shoulda been impressed by Clinton seeings as he did THREE times.
    LOL ... how uninformed. Show us all where the debt under Clinton went down even once ! You can't !!!!!

    But Yes ! We would dearly wish Clinton and a GOP Congress in place now instead of the inept pile of jackass feces currently in the WH.

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    Re: Jerry Brown: California's deficit is gone

    Quote Originally Posted by Whipsnade View Post
    I showed you three of them.Fog setten in Eh?Here's some homework for you,seeings as you like the numbers on treasury direct and all.
    No, I see your 'fog'. It appears that you believe that intragovernmental debt is not a liability thus are not counting it in the numbers to make your point. Are you one of those liberals who believe that we shouldn't be responsible for our debts, those to the seniors who paid into SS and expect their benefits? When the benefits come due AND the 'IOUs' must be redeemed where does that money come from? While Clinton was not the only President to raid the 'SS piggy bank' it is often claimed by some (including you) that this borrowing is not realized until the money is paid back...if this is YOU continue in YOUR fog...unless of course you can prove that a debt is not a liability...good luck with that!
    "The fact that we are here today to debate raising America's debt limit is a sign of leadership failure" - 2006 Senator Obama...leadership failure indeed!

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    Re: Jerry Brown: California's deficit is gone

    Quote Originally Posted by Eighty Deuce View Post
    LOL ... how uninformed. Show us all where the debt under Clinton went down even once ! You can't !!!!!

    But Yes ! We would dearly wish Clinton and a GOP Congress in place now instead of the inept pile of jackass feces currently in the WH.
    Looks like your dancing around the post that you guoted. Wonder why?
    The haggardness of poverty is everywhere seen contrasted with the sleekness of wealth, the exhorted labor of some compensating for the idleness of others, wretched hovels by the side of stately colonnades, the rags of indigence blended with the ensigns of opulence; in a word, the most useless profusion in the midst of the most urgent wants.Jean-Baptiste Say

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    Re: Jerry Brown: California's deficit is gone

    Quote Originally Posted by Whipsnade View Post
    Looks like your dancing around the post that you guoted. Wonder why?
    No. You can't see the forest for the liberal trees is all .........

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