cnn just showed poll results....60% disapprove of the way Obama is handling the DEFICIT

[spanone]

i remember fucking dick cheney said deficits don't matter and the media yawned, but now they're polling on the deficit....librul media

Cheney to Treasury: "Deficits don't matter"

Former Treasury Secretary Paul O'Neill was told "deficits don't matter" when he warned of a looming fiscal crisis.
O'Neill, fired in a shakeup of Bush's economic team in December 2002, raised objections to a new round of tax cuts and said the president balked at his more aggressive plan to combat corporate crime after a string of accounting scandals because of opposition from "the corporate crowd," a key constituency.
O'Neill said he tried to warn Vice President Dick Cheney that growing budget deficits-expected to top $500 billion this fiscal year alone-posed a threat to the economy. Cheney cut him off. "You know, Paul, Reagan proved deficits don't matter," he said, according to excerpts. Cheney continued: "We won the midterms (congressional elections). This is our due." A month later, Cheney told the Treasury secretary he was fired.
The vice president's office had no immediate comment, but John Snow, who replaced O'Neill, insisted that deficits "do matter" to the administration.
http://www.ontheissues.org/2004/Dick_Cheney_Budget_+_Economy.htm

[Name removed]

1. Deleted message

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[harlfxstc]

2. Not to defend what Cheney allegedly said according to O'neil but.

My wife and I spending 3% more than we net per year isn't a problem as long as we have some good equity behind us.

It gets to be a problem when we are in line to spend 15% more than we net per year for any number of years in the future on top of being out of equity....

I think this is why the CNN poll is a warning flare. We Spent 800 Billion on a stimulus package for just pork. Now it appears even Howard Dean admits the health bill that may come out of the House & Senate will cost us more than it saves. Put that on top of reports that medicare wastes 80 Billion dollars a year and nobody does anything about it and that Social Security keeps paying dead people; is it any wonder people are getting upset and concerned?

[buff2]

3. They should have showed "concern" during the bu$h

spending years. He wasted more money than all the other Presidents put together.

[MannyGoldstein]

8. Yup. But we are here and it is now.

Bad news.

[notesdev]

4. Plus

the $800B for TARP, supposed to fix the banking system, now we're worse off than we were before.

And our government is not spending 3% or even 15% above its revenue, but closer to 80%. That's a recipe for default and insolvency.

[harlfxstc]

5. The spending needs to STOP now before it is too late.

I am not going to blame Bush, blame the GOP, blame Democrats, nobody but whatever politicians keep spending our money like there is no tomorrow with NO abandon. I won't tolerate this anymore. We are going to leave a bankrupt nation to our kids and grandkids if we don't stop spending money and thinking every problem has a solution and that solution is to throw money at it.

I AM SICK OF THE SPENDING!

[Bandit]

7. It's OK though because we have a couple of wars to spend borrowed money on..

How short sighted does one have to be to not recognize that without Health Care Reform we will NEVER get our fiscal house in order. What was just Pork in the Stimulus package that you believe should not have been there?

[timeforpeace]

6. Whatever. The CNN thing isn't about Cheney. It's about Obama.

[FrenchieCat]

9. Isn't that how the media tends to operate..........?

They let Bush/Cheney into the china shop to break every fucking thing in sight,
and now that Obama is attempting to repair some of the damage,
he is blindfolded, given a hammer and told to hurry the fuck up....
while walking around with many feet up his ass,
pushing him onto a tightrope, and jeering at him all the while.

Fucking impossible demands,
made of a very reasonable man.

Fuck the CNN for that.
They were always part of the problem,
and there is no earthly reason to believe
otherwise now, except for those who want to.

[spanone]

12. whatever.

[corpseratemedia]

10. simple solution, cnn

make your buddies stop the wars

restructure the banking system (someone from Norway posted to me how they did it) - or perhaps reinstate Glass-Steagal


want a revenue base? make sure the rich and corporations are actually paying taxes and their fair share of taxes, stop burdening other classes like your friends are now

oh yeah, and bring the jobs that your friends sent overseas back to this country.

[rurallib]

11. Just shows me that the media's role in tearing down Obama is working

FUX sets the agenda, all the media sheep follow and within a few weeks you have the Americanus Stupidus convinced that there was no deficit until the day Obama was elected.
On that day it became $12 Trillion.

Like everything else the media has distorted and the public licks it up.
Sure would be nice if NPR was the voice of reason, but alas no. They follow the meme of the day like all the others save a few.