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Thread: Debt Has Inceased 5 Trillion since Speaker Pelosi Vowed " No New Deficit Spending"

  1. #11
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    Re: Debt Has Inceased 5 Trillion since Speaker Pelosi Vowed " No New Deficit Spending

    Quote Originally Posted by PeteEU View Post
    Lets see

    The Republican party has either controlled the White House or Congress since 1981 to 2009. In that period, the debt has gone from under 1 trillion to almost 12 trillion....

    Let me guess all that debt is the dems fault right? Why did Reagan go along with all this debt? Or Bush? or the Republican congress from 1995 to 2005? Oh yea, cause when the Republicans are in office they spend like drunken sailors in a whore house.
    Is that what your news is telling you in Europe ??? No wonder you get everything you write here wrong.

    NEWSFLASH: Democrats have controlled Congress since 2006. They've controlled both the White House and Congress from 2008 to the present. They also controlled the presidency and both houses of Congress from 1992 to 1994.

    Now here's two questions for you........

    1. Who is able to spend money, Congress or the President ??

    2. Did the economy go into the crapper before or after 2006 ??

    Answer those two questions and you'll begin to get a clue how we got into this mess, but the American people are quick learners and will fix the problem tomorrow.

    • "The America Republic will endure until the day Congress discovers that it can bribe the public with the public's money." -- Alexis de Tocqueville





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    Re: Debt Has Inceased 5 Trillion since Speaker Pelosi Vowed " No New Deficit Spending

    Quote Originally Posted by Gill View Post

    Answer those two questions and you'll begin to get a clue how we got into this mess, but the American people are quick learners and will fix the problem tomorrow.
    I wouldn't go as far as to say THAT. What's we'll do tomorrow is hopefully stop what the 110th Congress started. I've voting for Congress to be ineffective and for Obama's White House to be a lame duck. The past 10 years worth of spending will not be fixed tomorrow. It will need a vigilent and protracted amount of time and pain to curb the spending and reduce our deficit. This will not be easy.
    “I think if Thomas Jefferson were looking down, the author of the Bill of Rights, on what’s being proposed here, he’d agree with it. He would agree that the First Amendment cannot be absolute.” - Chuck Schumer (D). Yet, Madison and Mason wrote the Bill of Rights, according to Sheila Jackson Lee, 400 years ago. Yup, it's a fact.


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    Re: Debt Has Inceased 5 Trillion since Speaker Pelosi Vowed " No New Deficit Spending

    Interesting statistic... every president whose party lost seats in the mid terms has gone on to win re-election for a 2nd term.

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    Re: Debt Has Inceased 5 Trillion since Speaker Pelosi Vowed " No New Deficit Spending

    Quote Originally Posted by Ockham View Post
    I wouldn't go as far as to say THAT. What's we'll do tomorrow is hopefully stop what the 110th Congress started. I've voting for Congress to be ineffective and for Obama's White House to be a lame duck. The past 10 years worth of spending will not be fixed tomorrow. It will need a vigilent and protracted amount of time and pain to curb the spending and reduce our deficit. This will not be easy.
    You have a point, but the problem I meant was handing Congress over to Pelosi and Reid.

    • "The America Republic will endure until the day Congress discovers that it can bribe the public with the public's money." -- Alexis de Tocqueville





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    Re: Debt Has Inceased 5 Trillion since Speaker Pelosi Vowed " No New Deficit Spending

    It amazing how much faith people have in Republicans to "look out" for your best interest. What republicans don't do wrong or something? Just like democrats, they are politicians who lie as well.

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    Re: Debt Has Inceased 5 Trillion since Speaker Pelosi Vowed " No New Deficit Spending

    Quote Originally Posted by Gill View Post
    Is that what your news is telling you in Europe ??? No wonder you get everything you write here wrong.

    NEWSFLASH: Democrats have controlled Congress since 2006. They've controlled both the White House and Congress from 2008 to the present. They also controlled the presidency and both houses of Congress from 1992 to 1994.
    Thank you for proving my point.

    You as a good conservative, totally ignore the massive spending spree Republican administrations (Reagan, Bush 1 and 2) plus in periods a Republican controlled congress (both houses from 1995 to 2006)....Yes under your party's leadership in one way or another (Congress or President), the US went from under 1 trillion in debt to 11 trillion.. congrats! But you are first there to promote the fact that one from the opposition wanted to stop deficit spending in 2006, one year before the **** hit the fan.... that is called brain dead partisanship. You, like most of your conservative cohorts, constantly blame Pelosi, Reid and Obama for the crap hole you are in despite it was your lot that had a large (not total) fault in getting you into that hole.... it is ironic you dont mention any of the Republican favourites present and past, who had a large part in the problem.. oh yea they are Republicans and Republicans cant admit any wrongdoing.. it would make them explode!

    Now here's two questions for you........

    1. Who is able to spend money, Congress or the President ??
    Both, need to be way more specific. And frankly so what.. The Republicans had power of Congress from 1995 to 2006, and here the debt went up by many trillions, with deficit spending each year. Under Reagan, the deficit spending was huge, as well as under Bush 1. Are you seriously giving them a free pass for all that but going after Pelosi for "single handed" drove up the debt and deficit during a massive economic crisis that was started under a Republican controlled congress? Are you serious?

    2. Did the economy go into the crapper before or after 2006 ??
    Yes several times. It was in the crapper in the early 1980s. And who was it btw that was instrumental in causing the 2007 crash? Oh yea, the Republican dominated congress from 1994 onwards.. ups. A Republican controlled congress and later White House that was warned of the problem, but ignored it. A Republican congress that was instrumental in removing the 1930s legislation that made it possible for the crisis to even happen... Again, we keep going back to something the Republicans were involved in.. but I am guessing you are gonna claim it was a Democrat issue since it was Clinton who signed the law..

    Answer those two questions and you'll begin to get a clue how we got into this mess, but the American people are quick learners and will fix the problem tomorrow.
    I know fully well how you got into the mess, it is people like you that are in full denial of what happened. Your comments clearly show that. Let me guess, you gonna blame the dems and Fannie and Freddie like a good conservative? And you claim I have no clue about how everything happened? You do know that over 85% of failed sub-prime mortgages that drove the economy into the ditch were not from Fannie and Freddie right?

    American people are not quick learners btw, since you have STILL not fixed the problems that got you into the **** hole you are in now. You all have basically ignored the fundamental problems that got you into the mess.
    PeteEU

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    Re: Debt Has Inceased 5 Trillion since Speaker Pelosi Vowed " No New Deficit Spending

    Quote Originally Posted by PeteEU View Post
    Thank you for proving my point.

    You as a good conservative, totally ignore the massive spending spree Republican administrations (Reagan, Bush 1 and 2) plus in periods a Republican controlled congress (both houses from 1995 to 2006)....Yes under your party's leadership in one way or another (Congress or President), the US went from under 1 trillion in debt to 11 trillion..
    .
    I could be wrong but do not think that the debt was 11 trillion by 2006. Do you have something that shows that number?

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    Re: Debt Has Inceased 5 Trillion since Speaker Pelosi Vowed " No New Deficit Spending

    Quote Originally Posted by washunut View Post
    I could be wrong but do not think that the debt was 11 trillion by 2006. Do you have something that shows that number?
    You are correct, it was only 8 billion. The 11 billion (11.9 actually) was the debt at the end of the Bush 2008-9 budget.
    PeteEU

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    Re: Debt Has Inceased 5 Trillion since Speaker Pelosi Vowed " No New Deficit Spending

    Quote Originally Posted by PeteEU View Post
    You are correct, it was only 8 billion. The 11 billion (11.9 actually) was the debt at the end of the Bush 2008-9 budget.
    This answer seems to be half right. I say that because while the total number is right, it includes money spent on stimulus. This money was added to 2009 spending after Bush left office. It also includes the part of Tarp that was allocated but not spent over Bush. It also does not nclude the monies paid back under TARP. this is not to sat that republicans have been prudent in spending which they have not been. Rather to have a somewhat better baseline.

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    Re: Debt Has Inceased 5 Trillion since Speaker Pelosi Vowed " No New Deficit Spending

    Quote Originally Posted by PeteEU View Post
    Thank you for proving my point.
    I proved that you were completely wrong and you claim I proved your point ??? Is that Euro-speak or do you actually believe that ???

    The rest of your diatribe is mostly off topic. Feel free to start a thread on any of your "points" and I'll happily shoot each of them down.

    • "The America Republic will endure until the day Congress discovers that it can bribe the public with the public's money." -- Alexis de Tocqueville





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