Another Triumph! '05 Bush Defecit $400 Billion!

[reprehensor]

(Conservatives really, seriously, have no clue about fiscal responsibility. The half a dozen or so that do, should grow a pair and declare themselves 'independents' or something, anything other than the 'R' shingle.)

Oh yes, it can happen here.

snip

Yesterday, the bipartisan Congressional Budget Office, possibly the last intellectually honest government agency in George Bush's Washington, reported that our fiscal situation is even worse than expected.

According to the CBO's latest ''Budget and Economic Outlook," the projected deficit for 2005 will be about $400 billion. The CBO declares, politely but unmistakably, that it doesn't buy the Bush administration's budgetary gimmickry of trying to keep anticipated military outlays out of the official budget.

''The absence of further appropriations for activities in Iraq and Afghanistan," CBO states, ''masks a further deterioration in budget projections over the ten years."

Specifically, the deficit for the next decade is $504 billion worse than anticipated in CBO's previous estimate last September.

The agency goes on to warn that other challenges not currently itemized in official administration projections, such as Medicare, Medicaid, and Social Security, will only increase future deficits. And, of course, if the Bush administration succeeds either in making permanent his major tax reductions (most of which sunset after 10 years), or in adding $2 trillion of borrowing to privatize Social Security, the fiscal situation would go from merely disastrous to catastrophic

snip

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Spend, Fearless Leader, Spend! The Rapture cometh!

[izzie]

1. Time t move your pension fund Offshore?

Bush does say we can do better if we do our own.

[Freedom_from_Chains]

5. Turn the war around

I was thinking the other day that George could really turn the Iraq war around easily. All he has to do is claim the 100K or so civilians that we have killed were actually terrorists and bang huge win for the US, we would really being showing those terrorist whose boss.

Hey if we can declare anyone in this country a terrorist under the Patriot Act why can't we do it in Iraq?

[Ian David]

2. It will be $500 billion after "supplemental" expenditures for Iraq

[ClintonTyree]

3. That $2 Trillion to privatize S.S. is......................

a VERY (ahem) conservative estimate. It will come in at 33% more, at the very least.
"Freedom is on the March", but not freedom from debt, that's for damn sure. This country is so far down, it looks like up to them.

[LostInAnomie]

4. That's "Freedom Debt" to you, boy!

Now get back to lovin' yer cuntree!

[Wright Patman]

6. The master plan

is to destroy the nation-states. They will exist in name only. All the states of the world will be no more sovereign than the 50 states of the U.S. have been since 1865.

The Anglo-American consortium of central banks and their connected global corporations have a timetable to rule the world without firing a shot by 2010 or thereabouts.

Unfortunately, shots have to be fired to control the "gap" regions where all the damn oil is. It is a very cold-blooded game being played by the finance capitalists. It's like watching mafia dons in pinstripes.

I don't know about China. They may just be playing along with the consortium. Or they may be part of it. I would imagine there are two different schools of thought within China just as there are in most countries.

Our mainstream media is obviously on the side of a world with no more nation-states; however, they very cleverly couch it in terms of the U.S. government still existing as a flag-waving, red-white-and-blue sovereign power when anyone with a basic knowledge of arithmetic can see the USG is so heavily in debt that it is already a slave of the central banks.

This is one difference I've noticed between Bush the Elder and the Shrub. Elder made no (skull and) bones about the fact he was all about creating a New World Order. Shrub no doubt feels the same way, but they now realize they have to sell it to the nationalistic American public as just the United States of America expanding to become the United States of the World. So you don't hear much about the "international community" anymore. Maybe there'll be lingo referencing an "intercorporate community" soon. No, that would be too truthful.