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Thread: Obama Unveils 3.83T Budget with Massive Deficits

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    Professor Charles Martel's Avatar
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    Re: Obama Unveils 3.83T Budget with Massive Deficits

    Quote Originally Posted by Winnb View Post
    Yes, the President has a set amount of discretionary spending, but only after Congress authorizes the amount. It's the same for every government agency and department.

    Only Congress can tax and take our money. Only Congress controls who spends it and how much. The President can submit budgets, sign budgets or veto budgets. All tax and spend authority rests with Congress.
    Then who do you blame for these massive deficits and debt?
    It was the Austrasians, that hewed on bravely through the thick of the fight, it was they who found and cut down the Saracen King.

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    Re: Obama Unveils 3.83T Budget with Massive Deficits

    Quote Originally Posted by ScottD View Post
    Actually little correction, Obama walked into the door with a projected 1.2Trillion Dollar Deficit merely from Bush's policies.
    The over trillion figure was a one time TARP bailout loan that has been for the large part repaid. Bush's deficits were nowhere near this and were coming down after 9-11.
    It was the Austrasians, that hewed on bravely through the thick of the fight, it was they who found and cut down the Saracen King.

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    Re: Obama Unveils 3.83T Budget with Massive Deficits

    Quote Originally Posted by Charles Martel View Post
    Then who do you blame for these massive deficits and debt?
    Every Congressman that sends pork back to their District.

    Every Senator that sends another multi-Million Dollar construction project back to his state.

    Every President that signs off on every budget.

    Every Governor that sticks his hand out for federal money.

    Every lobbyist that kisses ass to get another tax break for their employer.

    Every senior citizen that bitches about deficits, but raises hell if you try to privatize their benefits or God forbid reduce them.

    And every single citizen that demands more and better services for their district, city, or state. Then turns around and whines about their taxes being so high....

    That's who I blame. All of us.
    Peace, commerce and honest friendship with all nations; entangling alliances with none.

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    Re: Obama Unveils 3.83T Budget with Massive Deficits

    Where the **** are we getting all this money from?
    Last edited by Hatuey; 02-03-10 at 10:04 AM.
    I refuse to accept the view that mankind is so tragically bound to the starless midnight of racism and war that the bright daybreak of peace and brotherhood can never become a reality. - MLK

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    Re: Obama Unveils 3.83T Budget with Massive Deficits

    I am certainly glad that I am not in Obama's shoes right now. He has to spend to try and jumpstart the economy, which means more deficits, yet at the same time try and reduce deficits, which would harm the economy.

    Its a no win situation really.

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    Re: Obama Unveils 3.83T Budget with Massive Deficits

    when the president signs it, it's his

    obama's 2010 budget is a killer

    he should immediately stop monies allocated by the first stimulus not already spent

    he should dump his plan to do a second stimulus

    and he should stop putting out tarp money for fatcat insiders like geithner's gang at aig

    if he did, he'd save over half a T

    if he doesn't, he'll pay prodigiously for all the pain

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    Re: Obama Unveils 3.83T Budget with Massive Deficits

    Quote Originally Posted by ScottD View Post
    Actually little correction, Obama walked into the door with a projected 1.2Trillion Dollar Deficit merely from Bush's policies.
    BoiB, eh?

    The Messiah Says BoiB, and the robots listen.

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    Re: Obama Unveils 3.83T Budget with Massive Deficits

    Quote Originally Posted by Hatuey View Post
    Where the **** are we getting all this money from?
    You.
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

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    Re: Obama Unveils 3.83T Budget with Massive Deficits

    Quote Originally Posted by Winnb View Post
    That's who I blame. All of us.
    Well, all of you, perhaps.

    I demand the Constitution be obeyed, which means I'm not demanding my would-be masters in Washington steal money to do things for me.

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    Re: Obama Unveils 3.83T Budget with Massive Deficits

    Quote Originally Posted by megaprogman View Post
    I am certainly glad that I am not in Obama's shoes right now. He has to spend to try and jumpstart the economy, which means more deficits, yet at the same time try and reduce deficits, which would harm the economy.

    Its a no win situation really.
    No, he doens't have to spend to move the economy. That can be accomplished by cutting taxes.

    I'd feel sorry for Obama for being a socialist, but I don't waste pity on enemies.

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