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Megalo
Can't Stop Posting
Joined: 16 Oct 2002
Posts: 682
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 Posted: 10/25/04 - 18:43 Post subject: Official treasury report shows fourth year of deficit growth
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Here's your kickass President in action and he was given a SURPLUS mind you:
Fiscal Year 2004 ended on September 30, and today the Treasury Department reported that the deficit for 2004 was $413 billion, or 3.6 percent of Gross Domestic Product.[1]
*****At 3.6 percent of GDP, the 2004 deficit marks the fourth consecutive year of fiscal deterioration, the first time this has happened since the U.S. entered World War II.*****
At 3.6 percent of GDP, the 2004 deficit is up from the 2003 level of 3.5 percent of GDP and is the highest level since 1993.
The deficit increased in 2004 even though the recession officially ended in November 2001. This is the first time since before the Depression of the 1930s that the deficit has continued to increase this far into a recovery.
At $413 billion, the 2004 deficit was $36 billion higher than the 2003 deficit, which stood at $377 billion.
But but but...Kerry does flip flop though..
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Megalo
Can't Stop Posting
Joined: 16 Oct 2002
Posts: 682
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quotison
RealPoor Sensei
Joined: 13 Oct 2002
Posts: 1594
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Posted: 10/25/04 - 18:51 Post subject: Re: OFFICIAL TREASURY REPORT SHOWS FOURTH YEAR OF DEFICIT GR
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| Megalo wrote: | | *****At 3.6 percent of GDP, the 2004 deficit marks the fourth consecutive year of fiscal deterioration, the first time this has happened since the U.S. entered World War II.***** |
Its hard to expect a decrease in the deficit when you're fighting a war. Didn't happen in WW2, won't happen now. Both Bush and Kerry say they're going to reduce the deficit in half, but I don't think they can as long as we're in Iraq.
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Megalo
Can't Stop Posting
Joined: 16 Oct 2002
Posts: 682
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Posted: 10/25/04 - 18:54 Post subject:
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Wasn't hard during either Korea or Vietnam.
Next crappy opinion plz.
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Megalo
Can't Stop Posting
Joined: 16 Oct 2002
Posts: 682
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Posted: 10/25/04 - 19:00 Post subject:
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oh and one VITAL difference between Kerry and Dubbya saying anything:
Dubbya is the one with 4 years in the House already. He's the one that f****d this up. Why in God's name do you believe him now?
I do not understand the Republican mentality. You *think* he's gonna make the economy better. But he's already done the job and it's the WORST SINCE WW2.
/boggle
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Docter
RealPoor Guru
Joined: 21 Oct 2002
Posts: 3420
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Posted: 10/25/04 - 19:03 Post subject:
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The ONLY reason the economy faltered during Bush's term as our CINC...is because of the fallout from the 9/11 attacks...or is that too hard a concept for you? 
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Megalo
Can't Stop Posting
Joined: 16 Oct 2002
Posts: 682
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Posted: 10/25/04 - 19:10 Post subject:
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He had reports on his desk saying that was gonna happen. What did he do?
I'm not suggesting its his fault, I'm sayin he probably knew it was comin.
Can you understand that? Or do you not want to read up on it for yourself?
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Orbit
Luke Warm
Joined: 15 Oct 2002
Posts: 491
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Posted: 10/25/04 - 19:10 Post subject:
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| Docter wrote: | | The ONLY reason the economy faltered during Bush's term as our CINC...is because of the fallout from the 9/11 attacks...or is that too hard a concept for you? |
b*******t! Try again if that was the case then why is he spending like crazy still?
Rep controlled house Rep controlled Senate and Him at the top and we are STILL going in to dedit. Time for a change.
Sorry but its not working your way of less goverment all it seem to be doing it hurting the lower and middle class where the upper class is coming off just peachy.. TIME FOR A CHANGE
Last edited by Orbit on 10/25/04 - 19:17; edited 2 times in total
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Megalo
Can't Stop Posting
Joined: 16 Oct 2002
Posts: 682
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Posted: 10/25/04 - 19:12 Post subject:
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And his family has made billions off of this war.
Their economy was just fine. Why wasn't ours?
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Frax
RealPoor Master of Posts
Joined: 11 Oct 2002
Posts: 8489
Location: Fuck yoiu fucking fuckers
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Posted: 10/25/04 - 19:13 Post subject:
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Al Qaeda was known about since 1993... thats 7 full years before GWB even put his hat in the ring to run for president.
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Orbit
Luke Warm
Joined: 15 Oct 2002
Posts: 491
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Posted: 10/25/04 - 19:21 Post subject:
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nm
Last edited by Orbit on 10/25/04 - 19:23; edited 1 time in total
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Megalo
Can't Stop Posting
Joined: 16 Oct 2002
Posts: 682
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Posted: 10/25/04 - 19:22 Post subject:
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The infamous report given a month before 9/11 since you guys are so sure Moore and his fat ass are full of shit:
Clandestine, foreign government, and media reports indicate bin Laden since 1997 has wanted to conduct terrorist attacks in the US. Bin Laden implied in U.S. television interviews in 1997 and 1998 that his followers would follow the example of World Trade Center bomber Ramzi Yousef and "bring the fighting to America."
After U.S. missile strikes on his base in Afghanistan in 1998, bin Laden told followers he wanted to retaliate in Washington, according to a -- -- service.
An Egyptian Islamic Jihad (EIJ) operative told - - service at the same time that bin Laden was planning to exploit the operative's access to the U.S. to mount a terrorist strike.
The millennium plotting in Canada in 1999 may have been part of bin Laden's first serious attempt to implement a terrorist strike in the U.S.
Convicted plotter Ahmed Ressam has told the FBI that he conceived the idea to attack Los Angeles International Airport himself, but that in ---, Laden lieutenant Abu Zubaydah encouraged him and helped facilitate the operation. Ressam also said that in 1998 Abu Zubaydah was planning his own U.S. attack.
Ressam says bin Laden was aware of the Los Angeles operation. Although Bin Laden has not succeeded, his attacks against the U.S. Embassies in Kenya and Tanzania in 1998 demonstrate that he prepares operations years in advance and is not deterred by setbacks. Bin Laden associates surveyed our embassies in Nairobi and Dar es Salaam as early as 1993, and some members of the Nairobi cell planning the bombings were arrested and deported in 1997.
Al Qaeda members -- including some who are U.S. citizens -- have resided in or traveled to the U.S. for years, and the group apparently maintains a support structure that could aid attacks.
Two al-Qaeda members found guilty in the conspiracy to bomb our embassies in East Africa were U.S. citizens, and a senior EIJ member lived in California in the mid-1990s.
A clandestine source said in 1998 that a bin Laden cell in New York was recruiting Muslim-American youth for attacks.
We have not been able to corroborate some of the more sensational threat reporting, such as that from a ---- service in 1998 saying that Bin Laden wanted to hijack a U.S. aircraft to gain the release of "Blind Sheikh" Omar Abdel Rahman and other U.S.-held extremists.
Nevertheless, FBI information since that time indicates patterns of suspicious activity in this country consistent with preparations for hijackings or other types of attacks, including recent surveillance of federal buildings in New York.
The FBI is conducting approximately 70 full-field investigations throughout the U.S. that it considers bin Laden-related. CIA and the FBI are investigating a call to our embassy in the UAE in May saying that a group or bin Laden supporters was in the U.S. planning attacks with explosives.
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Megalo
Can't Stop Posting
Joined: 16 Oct 2002
Posts: 682
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Posted: 10/25/04 - 19:24 Post subject:
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It's been proven now that the Bin Ladens are family friends. There WERE a host of flights outta Washington, and they were Bin Laden family and friends.
We've seen endless pics of daddy Dubbya with the so-called bad guys. And their family makes millions off of them.
This report was on his desk, and NOW HE'S THE ALMIGHTY TERRORISM PRESIDENT SENT FROM JESUS HIMSELF, but a month before he didn't seem to give 2 s***s about his family friend's son.
Ain't that a coinkydink?
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Megalo
Can't Stop Posting
Joined: 16 Oct 2002
Posts: 682
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Posted: 10/25/04 - 19:29 Post subject:
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I bet the simpleton b***h never thought Bin Laden could do something like THAT, but I betcha anything he knew *something* was coming that could get his family and all of his family's defense investments some real cash.
Gotta kill a few Americans to make an oid%2tte. Isn't that how it goes?
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Syke
RealPoor Guru
Joined: 12 Oct 2002
Posts: 2976
Location: Huntington Beach, CA
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Posted: 10/25/04 - 19:58 Post subject:
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Megalo...I believe Moore's fat ass IS indeed full of shit. Moore himself is another question..
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Domination
Can't Stop Posting
Joined: 13 Oct 2002
Posts: 565
Location: Atlanta, GA
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Posted: 10/25/04 - 20:03 Post subject:
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| Megalo wrote: | oh and one VITAL difference between Kerry and Dubbya saying anything:
Dubbya is the one with 4 years in the House already. He's the one that f****d this up. Why in God's name do you believe him now?
I do not understand the Republican mentality. You *think* he's gonna make the economy better. But he's already done the job and it's the WORST SINCE WW2.
/boggle |
The world is different now, it isn't 1940 and 1950......
I don't think he's going to do much with the economy because presidents DONT have that much of an impact in any regards (wake the f**k up, you f*****g idiot). I think he's tried his best to get the economy to start growing again via tax cuts. The economy is growing, and it is going again. This is after inheriting a recession, after an attack on our homeland, waging 2 seperate military conflicts, forming an entirely new department to counter terroism, etc.. etc. The administration has done a good job in this regard.
Also, you do understand having a deficit really doesn't have a impact on our economy right? Woopty f*****g do... go cry me a river you white trash fucktard
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Guest
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Posted: 10/25/04 - 20:12 Post subject:
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America will be better with Kerry as president, im tired of republican endless excuses
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Frostkiss
RealPoor Guru
Joined: 20 Oct 2002
Posts: 2018
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Posted: 10/26/04 - 03:04 Post subject:
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2 wars, 9/11 and a baaaad recession in 2000 didn't help much either though =/
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Frostkiss
RealPoor Guru
Joined: 20 Oct 2002
Posts: 2018
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Posted: 10/26/04 - 03:05 Post subject:
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dubble post =(
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Vengar_OO
Sir Postalot
Joined: 30 Nov 2002
Posts: 1029
Location: Mayport, FL
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Posted: 10/26/04 - 04:20 Post subject: -==-
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So what's Kerry's plan to fix all this?
What's that? He doesn't have one? Oh that's right...
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Orbit
Luke Warm
Joined: 15 Oct 2002
Posts: 491
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Posted: 10/26/04 - 04:33 Post subject: Re: -==-
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| Vengar_OO wrote: | So what's Kerry's plan to fix all this?
What's that? He doesn't have one? Oh that's right... |
And Bush's plan is working?
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Vengar_OO
Sir Postalot
Joined: 30 Nov 2002
Posts: 1029
Location: Mayport, FL
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Posted: 10/26/04 - 04:50 Post subject: Re: -==-
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| Orbit wrote: | | Vengar_OO wrote: | So what's Kerry's plan to fix all this?
What's that? He doesn't have one? Oh that's right... |
And Bush's plan is working? |
It isn't working for the dems apparently. They can't stand to be wrong.
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quotison
RealPoor Sensei
Joined: 13 Oct 2002
Posts: 1594
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Posted: 10/26/04 - 10:03 Post subject: Re: -==-
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| Vengar_OO wrote: | So what's Kerry's plan to fix all this?
What's that? He doesn't have one? Oh that's right... |
Kerry plans on cutting the deficit in half by rolling back the Bush Tax cut for those that make over 200K a year, eliminating wasteful subsidies, cutting corporate welfare, reinsituting PAYGO rules, and making the government more efficient by eliminating wasteful offices and freezing the federal travel budget.
I had to look up both candidates plans as part of an economics assignment 
However, personally I do not feel that either candidate's plan will accomplish what they say (Bush plans on cutting the deficit in half as well) due to both their track records and the fact we are still involved in Iraq and Afghanistan.
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Domination
Can't Stop Posting
Joined: 13 Oct 2002
Posts: 565
Location: Atlanta, GA
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Posted: 10/26/04 - 15:55 Post subject: Re: -==-
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| quotison wrote: | | Vengar_OO wrote: | So what's Kerry's plan to fix all this?
What's that? He doesn't have one? Oh that's right... |
Kerry plans on cutting the deficit in half by rolling back the Bush Tax cut for those that make over 200K a year, eliminating wasteful subsidies, cutting corporate welfare, reinsituting PAYGO rules, and making the government more efficient by eliminating wasteful offices and freezing the federal travel budget.
I had to look up both candidates plans as part of an economics assignment
However, personally I do not feel that either candidate's plan will accomplish what they say (Bush plans on cutting the deficit in half as well) due to both their track records and the fact we are still involved in Iraq and Afghanistan. |
So you think that 89 billion dollars will reverse the deficit? Thats pretty f*****g stupid, just like Kerry. I'm not attacking you, i'm attacking Kerry's plan.
What this will do is take about 20 billion dollars out of the pockets of small business owners (the rest will be taken from the ultra rich and rightly so) and will end up hurting the economy regardless.
Also, the Bin Ladens aren't exactly an evil family, they have 1 out of 28 sons and daughters that is a real shithead, Leave it to your stupid f*****g ass to class the entire family with one shithead. Thats like saying the city you live in is 100% full of dumbfuck spineless b*****s because you are.
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themy
Sir Postalot
Joined: 14 Oct 2002
Posts: 1153
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Posted: 10/26/04 - 22:25 Post subject:
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Using Michael Moore as a source and making statements about Bush's family making money off the war without a shred of evidence. Something tells me that you are not as smart as you pretend to be.
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