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Thread: Obama State of the Union

  1. #771
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    Re: Obama State of the Union

    Quote Originally Posted by Deuce View Post
    What do you care? You don't need it. You have it all figured out.
    Hey, it really only comes from the "Obama stash"

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    Re: Obama State of the Union

    Quote Originally Posted by Deuce View Post
    What do you care? You don't need it. You have it all figured out.
    Yeah, after all, since Texas has a rainy day fund, it doesn't MATTER how much is in the fund or how large the deficit, Texas has a surplus purely because it has a rainy day fund!

    After all, that's what he argued.

    It's going to be amusing watching Texas report a huge deficit and watching Conservative flee from the thread.
    "If your opponent is of choleric temperament, seek to irritate him." - Sun Tzu

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    Re: Obama State of the Union

    Quote Originally Posted by obvious Child View Post
    So you have no problems lying then?

    Btw, Texas has been in a deficit for a couple years:

    Texas state budget - Sunshine Review

    It still cracks me up you argued that if a state has a rainy day fund, it has a surplus! What total fail in understanding basic government accounting.

    I would link you the Texas CAFR, but I know you have no understanding of accounting or finance.

    Oh look:

    "Tell me how that's a surplus. If you can. But you won't. Because you can't. "

    I said that....and I was right. You can't.
    I don't know but someone got it wrong

    http://www.cppa.utah.edu/westernstat...Texas_2008.pdf

    TX operates on a two year budget, 2008-2009, Then 2010-2011.

    Best move I ever made moving to TX.

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    Re: Obama State of the Union

    Quote Originally Posted by obvious Child View Post
    Facts? Since when did he have any facts?

    He argued that a rainy day fund counts as a surplus. No respectable accountant anywhere would agree with him on that. He failed to realize that Texas right now has a billion dollars in expenditures outpacing revenues. That is by definition an operating deficit. Of Forbes's top 10 housing markets, only 3, not 5 are in Texas. He failed to notice that the Texas projections are for just one year.

    It is amusing watching him try to argue that a projected deficit between $7 billion and $20 billion is actually a surplus because it's just a deficit. Granted, I don't know the state of actuaries and economists in Texas, but to have that large of a spread is Biblical Failure. "We [Republican Comptroller] projected a huge deficit, but we actually had a surplus!" Sounds like Enron.
    Excellent points!
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

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    Re: Obama State of the Union

    Quote Originally Posted by obvious Child View Post
    Yeah, after all, since Texas has a rainy day fund, it doesn't MATTER how much is in the fund or how large the deficit, Texas has a surplus purely because it has a rainy day fund!

    After all, that's what he argued.

    It's going to be amusing watching Texas report a huge deficit and watching Conservative flee from the thread.
    Conservative isn't going anywhere. I feel great living in this state and not paying state income taxes while watching the rest of the nation paying the price for the disaster they voted for in the last election. Obama lost TX by over a million votes. TX got it right and has an economy that is much better off than the rest of the nation.

    Don't see that deficit you are claiming exists.

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    Re: Obama State of the Union

    Quote Originally Posted by Conservative View Post
    Conservative isn't going anywhere. I feel great living in this state and not paying state income taxes while watching the rest of the nation paying the price for the disaster they voted for in the last election. Obama lost TX by over a million votes. TX got it right and has an economy that is much better off than the rest of the nation.

    Don't see that deficit you are claiming exists.
    You're presently spending more than your income I don't see what's so hard about this.

    In any case, you seem to be under the impression that the amount of spending a state does is the sole measure of how "well off" the state is.
    He touched her over her bra and underpants, she says, and guided her hand to touch him over his underwear
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    We’ll say what? Something like “nothing happened” ... Yeah, we might say something like that.

  7. #777
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    Re: Obama State of the Union

    Quote Originally Posted by Deuce View Post
    You're presently spending more than your income I don't see what's so hard about this.

    In any case, you seem to be under the impression that the amount of spending a state does is the sole measure of how "well off" the state is.

    Actually no, I understand quite well how well off the state is compared to the rest of the nation. TX has it right, no state income taxes making it attractive for business to move here, a part time legislature that meets every two years. Home building continues in TX and the population continues to grow.

    It is a great place to live. On top of that Obama lost TX by a million votes

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    Re: Obama State of the Union

    "State legislators hungry for federal handouts strongly opposed the rejection of stimulus funds. The Texas Senate passed a bill introduced by state Sen. Kevin Eltife (R-Tyler) in April that essentially ignores Perry’s request. Taking the stimulus money would “lessen the burden on businesses significantly,” Eltife said."
    State Legislatures Seek to Override Governors? Stimulus Money Rejections - by Josh Culling - Budget & Tax News
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

  9. #779
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    Re: Obama State of the Union

    Quote Originally Posted by Catawba View Post
    Excellent points!
    I love how two individuals cheerleading for each other are such experts on what is going on in TX since neither of you live in TX.

    Apparently the residents in this state continue to get it wrong as they voted overwhelmingly against Obama, have a Republican Governor, two Republican Senators, and an actual Budget surplus. TX has a Constitutional requirement to balance the budget and the growth in business and employment here has grown govt. revenue.

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    Re: Obama State of the Union

    Quote Originally Posted by Conservative View Post
    I love how two individuals cheerleading for each other are such experts on what is going on in TX since neither of you live in TX.
    It is somewhat shocking your posts are not more informed about the state within which you live.
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

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