Glenn Beck - An Inconvenient Debt

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Glenn Beck - An Inconvenient Debt


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Oh all of a sudden its a problem now???

Where was this talk from Fox News for the last 8 years!??!?!??!
 

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Oh all of a sudden its a problem now???

Where was this talk from Fox News for the last 8 years!??!?!??!

In fairness....Beck has been hammering this for a while now and he just came to Fox this month, so in actuality Beck is doing what he has been doing and Fox is just looking better for it.
 

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I did'nt really get his chart is he saying from 1929 to 1965 the US basicly had the same amount of money or am I not understanding that right.

By the way can someone find a chart for the US national debt
 
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I did'nt really get his chart is he saying from 1929 to 1965 the US basicly had the same amount of money or am I not understanding that right.

By the way can someone find a chart for the US national debt
<TABLE cellSpacing=0 cellPadding=0 width="100%" border=0><TBODY><TR><TD class=nrml>National Debt Graph: Bush Sets 50-Year Record

</TD><TD width=10> </TD></TR></TBODY></TABLE><!-- center ROW 4, Type=Photo ================= --><TABLE cellSpacing=0 cellPadding=2 width="100%" border=0><!-- Photo-Row --><TBODY><TR><TD class=Text0 width=536 height=10>Click image below to enlarge.</TD></TR><TR><TD onmouseover="bgColor='#FFCCCC'" style="CURSOR: hand" onclick="oWin('http://zfacts.com/metaPage/lib/National-Debt-GDP-L.gif','897','546','')" onmouseout="bgColor='#FFFFFF'" vAlign=center align=middle bgColor=#ffffff>
National-Debt-GDP.gif
</TD></TR><TR><TD class=Text1B></TD></TR></TBODY></TABLE><!-- center ROW 5, Type=Text ================= --><TABLE cellSpacing=0 cellPadding=0 width="100%" border=0><TBODY><TR><!-- C-Row TN --><TD width=12> </TD><TD class=nrml>Double Whammy: 50-Year Record on Sept. 22. $10 Trillion on Sept. 30, 2008.
The gross national debt compared to GDP (how rich we are) reached its lowest level since 1931 as Reagan took office in 1981. It skyrocketed for 12 years through Bush senior. Clinton reversed it at a peak of 67%. Bush junior crossed that line on Sept. 22 and hit 69% on Sept 30. That's the highest it's been since 1955. (sources)
Bush did three things to skyrocket the debt from $5.7 trillion to $10 trillion:

<!-- google_ad_section_start -->1. He lowered taxes on the rich (by far the biggest item).
2. He invaded Iraq instead of winning in Afghan-Pakistan (another $600 B).
3. He deregulated Wall Street speculators. That bailout has now "invested" $1T
www.zfacts.com
</TD><TD width=10> </TD></TR></TBODY></TABLE><!-- center ROW 6, Type=TextDoc ================= --><TABLE cellSpacing=0 cellPadding=0 width="100%" border=0><TBODY><TR><!-- C-Row TN --><TD width=12> </TD><TD class=nrml><SCRIPT type=text/javascript><!--google_ad_client = "pub-8722877427705299";/* 318 Light 4-Link Row (ad) */google_ad_slot = "8835486166";google_ad_width = 468;google_ad_height = 15;//--></SCRIPT><SCRIPT src="http://pagead2.googlesyndication.com/pagead/show_ads.js" type=text/javascript></SCRIPT><SCRIPT>window.google_render_ad();</SCRIPT><IFRAME name=google_ads_frame marginWidth=0 marginHeight=0 src="http://googleads.g.doubleclick.net/pagead/ads?client=ca-pub-8722877427705299&dt=1233380609954&lmt=1233380609&prev_slotnames=9156409479&output=html&slotname=8835486166&correlator=1233380609387&url=http%3A%2F%2Fzfacts.com%2Fp%2F318.html&ea=0&ref=http%3A%2F%2Fwww.google.com%2Fsearch%3Fq%3Dus%2Bnational%2Bdebt%2Bchart%26rls%3Dcom.microsoft%3A*%26ie%3DUTF-8%26oe%3DUTF-8%26startIndex%3D%26startPage%3D1&frm=0&ga_vid=1891015337.1233380610&ga_sid=1233380610&ga_hid=1136296332&flash=10.0.12.36&u_h=768&u_w=1024&u_ah=740&u_aw=1024&u_cd=32&u_tz=-300&u_his=94&u_java=true&dtd=192" frameBorder=0 width=468 scrolling=no height=15 allowTransparency></IFRAME></TD></TR></TBODY></TABLE>
 

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Thanks for the chart that actually points out what I was going to say

The republicans with Regan, Bush 1 and then Bush 2 with they're tax cuts for the rich put the states in a ton of debt. I was watching something the other day and the surpluses that Clinton and them had were supposed to last for years then as soon as Bush got in he wiped them out in one move with his tax cuts, that just dont make sense to me especially since the republicans main thing is being finacialy conservative.
 

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It's just modern class warfare.

Bush and his rich cronies want to enslave the American man in the street and the easiest way to do this is for him to hand huge amounts of Federal money to his rich friends, and then get the little guy in the street to pay for it.


They get the gain. You get the pain.
 

bushman
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If Obama starts to clear your national debt, like Clinton was doing, Bush 3 will hand all your hard work to his rich buddies in the form of more tax cuts.


In some ways, the people on welfare are smarter than most people because they aren't flogging themselves to death to simply tread water.

For myself, I'm debt free now and can get by on an almost tax free level of income.
 

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If Obama starts to clear your national debt, like Clinton was doing, Bush 3 will hand it to his rich buddies in the form of more tax cuts.


:ohno::lolBIG::lolBIG::think2::missingte:wink::hump::WTF:


Maybe you havent read the papers lately

You have no idea how we got here, who you elected ,and what he and the rest of the progressives have on store for you


 

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Glenn Beck should have fought hard to promote Ron Paul during the election. Now that a Dem is president they (Fox) are going to start talking about how shitty things are and why our present path is wrong. Ron Paul and Peter Schiff are all of a sudden turning out to be the people who predicted this issue. Media should also remind people that nobody listened.
 

Oh boy!
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Thanks for the chart that actually points out what I was going to say

The republicans with Regan, Bush 1 and then Bush 2 with they're tax cuts for the rich put the states in a ton of debt. I was watching something the other day and the surpluses that Clinton and them had were supposed to last for years then as soon as Bush got in he wiped them out in one move with his tax cuts, that just dont make sense to me especially since the republicans main thing is being finacialy conservative.

Actually the Congress has more of a say in how money is spent. There was a Republican majority when Clinton was President and they were the ones who lead to a lower budget. The Democrats had the majority when Bush started as President.

It would be interesting to see this chart with a listing of which party headed Congress to see how each party did with the deficits.
 

the bear is back biatches!! printing cancel....
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Thanks for the chart that actually points out what I was going to say

The republicans with Regan, Bush 1 and then Bush 2 with they're tax cuts for the rich put the states in a ton of debt. I was watching something the other day and the surpluses that Clinton and them had were supposed to last for years then as soon as Bush got in he wiped them out in one move with his tax cuts, that just dont make sense to me especially since the republicans main thing is being finacialy conservative.

yeah the clinton balanced budget woulda worked out fine

assuming our tech bubble and all the big tax revenues associated with it continued indefinitely
 

the bear is back biatches!! printing cancel....
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If Obama starts to clear your national debt, like Clinton was doing

:drink:

clinton had a tech bubble to work with

obama has a depression to work with

quite different

:grandmais
 

Conservatives, Patriots & Huskies return to glory
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Thanks for the chart that actually points out what I was going to say

The republicans with Regan, Bush 1 and then Bush 2 with they're tax cuts for the rich put the states in a ton of debt. I was watching something the other day and the surpluses that Clinton and them had were supposed to last for years then as soon as Bush got in he wiped them out in one move with his tax cuts, that just dont make sense to me especially since the republicans main thing is being finacialy conservative.

The Democratic party does not get credit for Newt Gingrich's budget, sorry. Although Clinton does get credit for finally signing it, after refusing to sign it and shutting down Government in an effort to regain control of Congress in an election year ploy. When his efforts failed, he conceded and signed.

What's really funny is how Democrats who opposed that budget actually line up to take credit for it's successes. They can do so because the enabling media enables them to, and most people don't know the truth.

As for projections, they're wrong about 100% of the time because they always assume consistency, and the only consistency in economics is inconsistency.
 

the bear is back biatches!! printing cancel....
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i actually think they've looked at past history

and they found that a democratic president with a republican majority congress is the best setup to have for fiscal responsibility
 

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i actually think they've looked at past history

and they found that a democratic president with a republican majority congress is the best setup to have for fiscal responsibility

well then, maybe we can fix this in 2010 :toast:

but I'm not very optimistic we'll have fiscal responsibility short term, there is no reason to be optimistic from anything I've seen since Newt's resignation.
 

the bear is back biatches!! printing cancel....
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until the GOP mans up to their past mistakes they will stay the minority party

well maybe that's not entirely true as the left/right shit tends to just shift back and forth as the majority party fucks up and the other takes over hoping for "change"

that SC dude that was running for the RNC head from what i read was manning up to the past mistakes specifically on the fiscal front

but instead they chose to go the obama route and take the moderate black dude
 

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The Democratic party does not get credit for Newt Gingrich's budget, sorry. Although Clinton does get credit for finally signing it, after refusing to sign it and shutting down Government in an effort to regain control of Congress in an election year ploy. When his efforts failed, he conceded and signed.

What's really funny is how Democrats who opposed that budget actually line up to take credit for it's successes. They can do so because the enabling media enables them to, and most people don't know the truth.

As for projections, they're wrong about 100% of the time because they always assume consistency, and the only consistency in economics is inconsistency.

I have yet to hear anyone say one thing that Clinton did to help the economy other than signing the budget. Yet Reagan and Bush II had tax cuts for business which lead to a recovery.

The American people are vastly underinformed on the economy. They have traditionally voted for the incumbent party for president if the economy was doing well and traditionally voted for the opposition party for president if the economy was doing poorly.
 

the bear is back biatches!! printing cancel....
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I have yet to hear anyone say one thing that Clinton did to help the economy other than signing the budget. Yet Reagan and Bush II had tax cuts for business which lead to a recovery.

The American people are vastly underinformed on the economy. They have traditionally voted for the incumbent party for president if the economy was doing well and traditionally voted for the opposition party for president if the economy was doing poorly.

GOP POTUS and dem congress is typically a disaster well for the long term like we are dealing with now with our bubbling debt and humongous government

as the potus pushes through tax cuts while he can't get any spending cuts

bush II did have GOP majority for 6 years though still can't figure out how the dude couldn't manage to get any spending cuts and actually increased spending with some of his programs like no child left behind and shit like that...

guess that's all part of the liberal neocon compassionate conservative crap though

also as for recovery under bush II war obviously helped as well as the federal reserve and banks opening up the credit spigots....markets bottomed right when we started tossing bombs in iraq
 

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