What if the Democrats are GOD forbid--Wrong?
What if the 'health care reform' bill doesn't do what they say it will. What they have submitted to the CBO for an estimate is chock full of speculations of the most optimistic proportions.
I could be wrong, but I think it's like a pig that's all dressed up. They have put adress on it. Applied makeup and lipstick, They have got it to stand up on it's hind legs. But it's still a pig.
We're running record deficits and nothing Congress has done since Bush asked for TARP is working. But we're a couple trillion more in the hole and no relief in site for the next ten years. What's the figure we're looking at? 9.6 trillion more? Argentina did all the things we're doing right now. They spent money like drunken sailors and ended up with debts running out the wazoo. Their currency tanked with 3000% inflation. No that wasn't a misprint. Look it up.
What was it Clinton said about Bush 1? It's the economy stupid! The bills are starting to come due now. What's it going to be like down the line? When Moody's says we're in danger of losing our AAA rating someone had better start paying attention to what things cost!
Congress --Wake up! The coffee's on. And the voters are getting restless. And voters? If you aren't awake and really watching what's going on. Then you deserve what you get! One thing's for certain Obama can't blame Bush for this. And Democrats won't be able to blame Republicans.
Update:Kitten I never claimed to be wall street.
Answers & Comments
Verified answer
Well Bud by most "estimates" this adds about 2.5 TRILLION to our debt. You and I both know that's BS! All we have to do is look at the history of the other government-run programs. I think this disaster will put those to shame.
I guess you saw the feds have been propping up the Mass. program otherwise it would be totally bankrupt. Who's gonna prop US up?
Obama is slick! He's front loaded this thing with enough goodies to appeal to people's self interest. They also threw in the government student loan program. Hey how can people argue with that right? I'll give them credit they've been scheming this thing out for years. They appeal to the worst in people and they're good at the game.
Yes, and most of the 30 million people who are going to "benefit" from the program never paid into it. So remember when your fedreal income tax is more than 50% of your pay (and it will only take a couple of years) what a great idea this was. This is the most devastating plan in the history of our government.
If the plan was that terrific, why don't the democrats in congress pushing this want it for themselves? That's right, this will not apply to them. The reason for this is because they want good health care for themselves, and the reform bill is for the little people - you know the citizens of the U.S.
Whistling past the graveyard are you? Don't look now, but the 216th vote is just about to be cast. By November, the economy will be roaring back and the voters will be happy with the status quo.
And did you find any mistakes in my "Deficit Spending" essay. I've been waiting for your criticism. If I don't hear from you soon, I'm going to print a million copies and hand them out in your CD.
That was entertaining.
(1)
I like the way you comment about CBO projections when we all know that
you haven’t read them. But that’s OK; neither have we.
What we do know is that the CBO is the most credible source for such projections.
(2)
We’re running record deficits you state and you also imply that this is somehow
Obama’s fault. You continue with a reference to Moody’s to suggest a level of
sophistication.
But you provide no justification as to why Obama, with only one year in office,
is primarily responsible for it instead of Bush who had eight years to create this
disaster (following eight EXCELLENT years for our economy with a budget surplus
thanks to ‘pay as you go’ under Clinton).
Moody’s and Standard & Poors gave their AAA ratings to mortgage derivatives during
Bush, by the way. What did Bush do about it; nothing.
As it concerns TARP, it was a success or failure depending upon who you ask.
Many professionals interviewed stated that, TARP should never have been
implemented and that without TARP the banking system would actually have
recovered more quickly. Much of that $700B shall never be returned to the fed.
(3)
You shouldn’t act like a Wall Steet guy when you haven’t been there.
Those of us who have shall sniff you out.
What if they're GOD forbid--Unconstitutional?? You may find THIS interesting reading:
http://washingtontimes.com/news/2010/mar/19/impeac...
I love my Country; I fear our government. These socialists need to be reined in.
John the Baptist
Well then we made the terrible mistake of giving insurance to 30 million people
Won't be anything new. They usually ae.
What if they aren't?