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Nesaie
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Joined: Aug 04, 2005
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 Posted: Fri Jan 04, 2008 2:58 am Post subject: The Financial Cost of the Bush Administration |
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The Financial Cost of the Bush Administration
by Cliff Carson
What we as American taxpayers have suffered financially since Bush assumed office is 165% of what the debt was for the previous 200 years of the United States. When Bush took office the debt was $20 Trillion. It is now $53 Trillion.
In a report, "2007 Financial Report of the U. S. Government", released to the Public on the 17th of December 2007, David M. Walker, the Comptroller General of the United States and Head of the GAO, released a statement concerning the Long Term Accrued Debt of the United States. You can find this statement on Page 162 of the 182-page report.
Specifically he states that as of September 30, 2007 the Long Term Accrued debt of the United States Government had grown to $53 Trillion dollars. When George Bush came into office the Long Term Debt stood at $20 Trillion.
This debt currently amounts to about $175,000 for every person alive in the United States. So, that means your long term debt has increased about $109,000 since Bush came into office. That figures to about $18,160 for each year he has been in office. And if you are a parent with two children, you and your wife are now obligated to an accrued debt of approximately $700,000 dollars. You have just three choices:
1) Force this Government into Fiscal responsibility
2) Try to figure some way to increase your taxes enough for the $700,000 to be paid during your lifetime
3) Defer payment to your children and their children to pay
The problem is that if you don't do 1) or 2) your children's debt will continue to grow.
This vicious cycle needs to be brought to an end. What do you propose to do about it? |
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Soma: All the advantages of Christianity and alcohol; none of their defects.
Have you had your Soma today? |
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KingYaba
B.V. Lurker
Joined: Dec 01, 2004
Posts: 485
Location: My own mental hell
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| Posted: Sun Jan 13, 2008 11:28 pm Post subject: Re: The Financial Cost of the Bush Administration |
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| Nesaie wrote: |
| What do you propose to do about it? |
1. Fair Tax
2. Phase out Social Security
3. Kill the I.R.S
4. Leave Iraq within a year
5. Shut down U.S. bases in Germany and Italy. They are no longer needed.
6. Spend less than you make... go into that dreaded "recession" and get it over with. |
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Texas: illegally acquired; universally admired. |
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CrunchyUncle
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Joined: Jan 14, 2008
Posts: 28
Location: wilmington nc
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| Posted: Tue Jan 15, 2008 4:47 pm Post subject: |
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i agree with king yaba all but the leaving iraq within a year. i dont think we shouldve ever gone to iraq, but with the mess weve created we need to finish what we started.
just my opinion 
take care
EDIT: or we can cause a massive civil uprising, demanding no pay to any government no matter how local or federal they may be.. until ALL budgets are balanced and kept that way. freeze all theyre accounts. maybe when theyre not getting paid to steal our money, they might actually do their job. |
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Nesaie
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| Posted: Fri Jan 18, 2008 8:36 pm Post subject: |
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I agree with you two too.
As far as a peaceful revolution...well, it all has to start with education. Unfortunately, most Americans are too fat and lazy to care about education. Politics is taboo in polite society. We're not supposed to talk like this. Besides, if you're "keeping up with the Jones' " you don't have time to pay attention to politics. All you have time for is sound bites, which the corporate owned media is more than willing to give you. So long as it is within their interest. After all, all the top runners have already been bought by the corporations, you can only vote for one candidate. They own at least 6 or 8.  |
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Soma: All the advantages of Christianity and alcohol; none of their defects.
Have you had your Soma today? |
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greeney2
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Joined: Sep 28, 2001
Posts: 9864
Location: USA
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| Posted: Sun Jan 20, 2008 3:40 am Post subject: |
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| well, it all has to start with education. Unfortunately, most Americans are too fat and lazy to care about education. |
Just out of curiosity, what is your educational level? What did you study and what degrees do you have? I'm asking a serious question, not being sarcastic.
Our educational level in this country is declining to embarrassing levels. some responsibility is on being "fat and lazy", but not all of it. The school systems are broken, and one of the reasons is because of the element that is in them. Kids who want to learn are inhibited by those who don;t. Gangs and drugs is one of them. Declining budgets, which according to my kids(teachers) will affect after school activities, one of which is tutoring.(at least in California). Class size is critical to individual student attention. |
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greeney2
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| Posted: Sun Jan 20, 2008 3:48 am Post subject: |
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You are in some ways phazing out a lot of SS. Medicare and SS will run out of funds in time. But how do you replace it, and guarentee the money given back is devoted to a solid savings plan. They are going the way of 401 K plans to replace retirment plans, and soon the same concept of personal savings to replace SS. But what if in 40 years that all fails and people have nothing at all in retirement. As it is, millions of Americans only have SS, what if they didn;t even have that? Or Medicare?
I'm all for shutting down many forgien bases, but also for reopening our internal bases. We need to beef up air bases to patrol our own country internally. Bases are sitting empty could be reopened and a massive work program of civilian hiring could lower the unemployment rate a huge amount by doing that.
Instead of prisons, offer strict work programs, with the incentive to doing it half the time served + some level of pay, working on a civilian projects, but housed on a reopened base barracks. The penalty for failing would revert back to prison and double the time. |
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Nesaie
B.V. Info-a-holic
Joined: Aug 04, 2005
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| Posted: Tue Jan 22, 2008 5:06 pm Post subject: |
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| greeney2 wrote: |
| Quote: |
| well, it all has to start with education. Unfortunately, most Americans are too fat and lazy to care about education. |
Just out of curiosity, what is your educational level? What did you study and what degrees do you have? I'm asking a serious question, not being sarcastic.
Our educational level in this country is declining to embarrassing levels. some responsibility is on being "fat and lazy", but not all of it. The school systems are broken, and one of the reasons is because of the element that is in them. Kids who want to learn are inhibited by those who don;t. Gangs and drugs is one of them. Declining budgets, which according to my kids(teachers) will affect after school activities, one of which is tutoring.(at least in California). Class size is critical to individual student attention. |
The school system is broken. But, the cause isn't due to illegal drugs. In fact they have less impact on children than "legal" drugs.
It's called the dumbing down of America. Students who are ahead of the pack and capable of learning quickly are held back. Those become the drop outs who are bored and end up in jail/prison. There are two kinds of people in prison, those with IQs over 120 and those with IQs under 100. Those who are in the middle survive in this society.
As far as my personal education, it didn't end with college. So, defining that wouldn't mean a thing. |
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_________________
Soma: All the advantages of Christianity and alcohol; none of their defects.
Have you had your Soma today? |
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greeney2
B.V. Info-a-holic
Joined: Sep 28, 2001
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Location: USA
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| Posted: Thu Jan 24, 2008 12:56 pm Post subject: |
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| Students who are ahead of the pack and capable of learning quickly are held back |
i don;t think thats true at all, how do you think they are held back?
Do you think you were held back in any way, or just didn;t choose to goto college. It thats too pesonal, I'll understand. |
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