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Just heard Demint say Obama added more to National Debt in first year than Bush* in eight years comb

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Toots Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-24-10 11:28 AM
Original message
Just heard Demint say Obama added more to National Debt in first year than Bush* in eight years comb
And no one contested it so it must be true....Right? This is what makes me so angry with these talk shows. They just give a format for out and out LIES..
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spanone Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-24-10 11:30 AM
Response to Original message
1. it's becoming less and less subtle how the pundits are enabling the thugs
lying is part of the game
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Frustratedlady Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-24-10 11:30 AM
Response to Original message
2. Too bad someone didn't point out that Bush didn't pay his bills in 8 years.
Isn't that correct? He delayed payment on the biggees for the next administration?
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Toots Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-24-10 11:34 AM
Original message
That is pretty much the definition of DEBT
Bush* added more to the Debt in eight years than all other previous Administrations combined. When Bush* took office the National Debt was slightly over five trillion dollars. When he left office it was 11 and a half trillion dollars..Now they just raised the debt limit to 12.8 trillion. Obama has increased the Debt enormously, but he was forced to do so to try and salvage the country from the ravishes of the Republicans.
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blm Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-24-10 11:34 AM
Response to Reply #2
6. you got that right....
.
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City Lights Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-24-10 11:31 AM
Response to Original message
3. The corporate media is a massive part of the problem.
:nuke:
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kenny blankenship Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-24-10 11:33 AM
Response to Original message
4. You're going to hear a lot more of that in the run up to midterms
Republicans are going to be screaming about deficits! deficits!! deficits!!!

Democrats are going to be mewling uh.. mee too! I'm a deficit hawk too! I can help!
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Junkdrawer Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-24-10 11:39 AM
Response to Reply #4
7. And in the end, Social Security, Medicare and Medicaid will be the targets...
Edited on Sun Jan-24-10 11:40 AM by Junkdrawer
The fix is in and we now know the plan:

1.) Obama creates the "Bipartisan Commission". It works in secret until AFTER the midterm elections.

2.) Republicans, thanks to Democratic disenchantment and a big influx of Corporate money, win back Congress.

3.) The Commission announces its findings (Lead pipe cinch to include big "entitlement" cutbacks.)

4.) Republicans simply vote to accept the findings and any blame goes back to Obama because he appointed the most seats on the commission.
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Bitwit1234 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-24-10 11:33 AM
Response to Original message
5. You see...
the problem is, this common creep knows the difference. But he knows that the media will repeat this over and over and over til the public believes it also. Isn't it a shame that right now and here, we don't have an Edward Murrow or a Chet Huntley....they asked the tough and real questions. And why do you think the republicans were so damn insistent to try to pin something on Dan Rather. He was the last of the breed. You see he was one of the people they sent the anthrax to. We know it was the shadowy branch of you know who's, who did send all that anthrax...who did they send it to. NOT ONE DAMN REPUBLICAN SCUM.ONLY TO THE DEMOCRATS AND THE MEDIA THAT ASKED TOUGH QUESTIONS OF THE REPUBLICANS. HOW IN THE HELL COULD THE MEDIA GLOSS THAT OVER. Well their Republican masters wouldn't let them follow it up.
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Pirate Smile Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-24-10 11:47 AM
Response to Original message
8. CBS reporter, Mark Knoller fact checked it on Twitter. It would have been nice for someone
on TV to do it.

"@markknoller: Fact Check: Sen Jim DeMint R-SC says Obama created more debt in 1st yr than Bush in 8. Treasury #s: Bush-$4.9-trillion; Obama $1.7-trillion "
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lumberjack_jeff Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-24-10 12:05 PM
Response to Reply #8
9. It also presupposes they started in the same place.
Bush inherited a $250b surplus, Obama inherited a $400b deficit and a massive currency crisis.
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stray cat Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-24-10 12:30 PM
Response to Original message
10. Do you have the numbers - the money to bail out banks plus stimulus plus car companies
was substantial
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laughingliberal Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-24-10 12:35 PM
Response to Original message
11. McConnell sat on MTP and said Obama turned hard left after inauguration. Unbelievable!
So, my concerns are that they will force him right which will be a disaster for the economy and us peasants down here who are struggling. I emailed the White House with this message:

President Obama,

In watching Meet the Press this morning, I became very frustrated hearing Mitch McConnell say, at least twice, that you had taken a hard left when you took office. I have a some problems with that. First, obviously, is there was not a turn to the left. The stimulus bill was allowed to be whittled down to several hundred billion less than needed and 40% was diverted to tax cuts due to Republican blackmail to get it passed. It was good the tax cuts did not go to the usual suspects at the top but it was still not the stimulative effect we needed. My other irritation is knowing had you taken a hard left on economic policy in the style of FDR, we would be seeing some results, by now, and not sweating the midterms. Instead, you have relied on the most conservative members of your economic team and, no surprise, it hasn't worked for us peasants. Now I am concerned, as I've written before, that your focus will turn to deficit reduction due to pressure from Republicans and the conservatives in the White House. I think we need a plan, perhaps, for deficit reduction but I fear spending cuts now, unless we are talking military spending, will bring on the double dip of which you have spoken. The dilemma now is the economy requires a turn to the left but the propagandists of the right are out in force. My advice is stand firm on a big jobs creation program and take them on. We can not afford to dance in the middle with this. I am encouraged to see Paul Volcker and Elizabeth Warren have been ungagged. I prefer we move in the direction they have been encouraging all along. I am skeptical of your recent populist message, however, as I read you are still behind the Bernanke nomination which is an indication the change in direction may be window dressing. My husband and I have gone from pretty solid middle class in 2006 to abject poverty and depending on friends to keep us off the streets and it is, likely, too late for us as I am over 50 and he is over 60. I would urge you to take a page out of FDR's playbook while there is still time for others to avoid the cliff.
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Cleita Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-24-10 12:45 PM
Response to Original message
12. Did he mentioned the budget surplus he went through first before he
incurred debt? I'll bet he forgot that little factoid.
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