Article

2009-07-20 Economy

White House putting off release of budget update

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Posted by ed 2009-07-20 08:07|| || Front Page|| [3 views ] Top

#1 LBJ had a similar troubles. Kennedy's war then LBJ expanded it. The migrations to the cities went on at this time. Riots, War, migrations were allot of events to deal with. Great society programs,food stamps, medical assistance, and air conditioning got people off the streets. Now the money is running out.The help that was once there is drawn down to the bottom. Unemployment money is running out, all other assistance programs will have funding issues. He is blind to this and his solution will always be to take from others when the pot boils over. He will still have the support of his followers who will take from their neighbors as well. The riots showed me that it doesn't matter what color or religion you are it's
the belief that you have something of value. They will rob from a brother, sister, whoever to make things equal. Tipping point will be food or energy issues. The Dem's will blame everyone else and the the media will go along. The problem this time is they will make it worse with no bottom to this pit they have dug. Why? same voter support. Give me Health care, give me food stamps, give me a home, give me group now controls our elections.

Posted by Dale 2009-07-20 09:54|| 2009-07-20 09:54|| Front Page Top

#2 I have no worries. O's buddies are experts! They are sooooo good we have to overlook any previous past tax problems.

Posted by Cyber Sarge 2009-07-20 09:55|| 2009-07-20 09:55|| Front Page Top

#3 3.2, 4%? The Obama administration said that with a straight face?

The advantages of through grounding in dialectical materialism.

Posted by g(r)omgoru 2009-07-20 10:13|| 2009-07-20 10:13|| Front Page Top

#4 What happens when the economic bottom falls out and no one will fund the spending?

You think Bambi is anti-free speech now? You will have seen nothing compared to what he will be.

Posted by DarthVader 2009-07-20 10:37|| 2009-07-20 10:37|| Front Page Top

#5 Keep an eye on California and it's major cities. When the free dough and gov't cheese runs out it should get ugly rather quickly. This will be Barry's cue to suspend the US Constitution and initiate gov't resettlement camps and collective schemes. It's the rich farmers and land owners who are at fault! This land must be shared!

Posted by Besoeker 2009-07-20 12:33|| 2009-07-20 12:33|| Front Page Top

#6 Well, cut him some slack. They've been having typo troubles in this admin for a while. I mean, they couldn't even spell "Barack" correctly a week or two ago, right?

I'm sure he meant negative 3.2% for this year, with negative 4% thereafter. I doubt that anyone reading this would disagree with that prediction, right?

Posted by Cornsilk Blondie 2009-07-20 13:31|| 2009-07-20 13:31|| Front Page Top

#7 I'm sure he meant...

Bammo meant nothing more or less than what the teleprompter told him to say. That is the extent of his personal involvement with any of this.

Did the teleprompter contain a typo? Maybe, but Occam's Razor says that this administration is lying...again.

Posted by Iblis 2009-07-20 15:12|| 2009-07-20 15:12|| Front Page Top

#8 The White House is being forced to acknowledge the wide gap between its once-upbeat predictions about the economy and today's bleak landscape.

Socialism never did do much for the economy.

Posted by JohnQC 2009-07-20 15:27|| 2009-07-20 15:27|| Front Page Top

#9 Or Socialism always does a lot for the economy. It just doesn't do any good - quite the opposite in fact. As I'm afraid we are going to find out first hand.

Posted by CrazyFool 2009-07-20 15:32|| 2009-07-20 15:32|| Front Page Top

#10 Why? same voter support.

True as far as it goes but the real "why" goes a bit deeper. Plato noted that Greek society could not craft a culture, "... by high argument by which all things are seen to be relative."

When relativism (to choose a modern evil) and/or other factors erode the shared culture of a nation the nation cannot long survive since the culture imposes the social mores necessary to an orderly society. With the shared culture absent man's innate nature which is constant across time and space reasserts itself and chaos of the sort you described or a short-lived rule of the mob necessarily result.

Posted by AzCat 2009-07-20 16:11|| 2009-07-20 16:11|| Front Page Top

#11 The reason for the delay is obvious, they don't know what comes after Trillion.

Posted by Cyber Sarge 2009-07-20 16:11|| 2009-07-20 16:11|| Front Page Top

#12 Annihilation, maybe?

Posted by gorb 2009-07-20 16:24|| 2009-07-20 16:24|| Front Page Top

#13 AzCat, great response. Shared culture, yes and when GOD is out we have the rule of man. Hence the migrations to the District of Columbia. Each race of man wants power for his or her group at the expense of all others (this is how they view our history). No melting pot no shared culture. Constitution? will be changed to suit their needs why- "Congress can make the law and Congress can change the law". It's a living document after all.

Posted by Dale 2009-07-20 21:57|| 2009-07-20 21:57|| Front Page Top

#14 Living document sooner or later results in dead citizens -- then dead politicians.

Posted by OldSpook 2009-07-20 22:16|| 2009-07-20 22:16|| Front Page Top

#15 Dale - Quite so. Religion is, I believe, merely another aspect of the shared culture that has bound this nation together. It didn't matter much if one was Jewish, Catholic, Protestant or some other variant but it mattered very much that most of us pretty much, whatever our faith might have been, once shared via those faiths a fundamental set of morals that informed our society. The rapid loss of faith has led to a reversion of man to his more instinctive nature and a corresponding breakdown of social mores and in turn our society. The Enlightenment ideal of a society based purely on reason seems to me to be in the process of failing.

Posted by AzCat 2009-07-20 22:49|| 2009-07-20 22:49|| Front Page Top

#16 OS -- exactly. Too bad the order wasn't reversed.

Posted by Broadhead6 2009-07-20 23:55|| 2009-07-20 23:55|| Front Page Top

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