The Other Side of Obama

[Dammy]

Why Obama is freaking out over a measly $2B (out of a typical $12B profitable year for JPMorgan) JPMorgan loss is now easier to understand. Don't be concerned, he has alot more where that came from. Shockingly, it was made after he became a US Senator. Funny that.

 

[FluffyMcDeath]

Don't be concerned, he has alot more where that came from. Shockingly, it was made after he became a US Senator. Funny that.

Woo. He's worth 10 million? That's almost half of what Bill O'Reilly gets paid a year. (That's why Bill has his finger on the pulse of common America - he's one of them!)

 

[Dammy]

Woo. He's worth 10 million? That's almost half of what Bill O'Reilly gets paid a year. (That's why Bill has his finger on the pulse of common America - he's one of them!)

True, like the common Americans, he has no say over the debt that is spent in his name: http://usdebtclock.org/ If $4T in borrowing over 8 years is unpatriotic, as then Senator Obama said, what's $5T in 3.5 years?

 

[metalman]

f $4T in borrowing over 8 years is unpatriotic, as then Senator Obama said, what's $5T in 3.5 years?

 

[robert l. bentham]

If $4T in borrowing over 8 years is unpatriotic, as then Senator Obama said, what's $5T in 3.5 years?

a necessary by product of the 2 wars and tax cuts bush left behind... most of that 5 trillion (not the real amount anyway which is much, much higher in fact) is defense related to ongoing war.... don't like it? instead of coming on here and crying about those mad cap crazy libs spending all ur hard earned money, call ur republican congressman and tell him to stop voting to kill brown people for their natural resources...

 

[Dammy]

a necessary by product of the 2 wars and tax cuts bush left behind... most of that 5 trillion (not the real amount anyway which is much, much higher in fact) is defense related to ongoing war.... don't like it? instead of coming on here and crying about those mad cap crazy libs spending all ur hard earned money, call ur republican congressman and tell him to stop voting to kill brown people for their natural resources...

Except that isn't what happened, most of the $5T was from Obama stimulus that became apart of the baseline budget, then there is the money put away for Obamacare each year.

Lets look at Bush's 2010 budget (2011 was polluted with Obama's spending), you will see DoD was a measly $664: http://en.wikipedia.org/wiki/2010_United_States_federal_budget That sure doesn't look like it would add up to $5T over 3.5 years, does it?

Don't worry, the GOP congress critters are getting an ear full from the Tea Party, and some are being voted out like Luger.

Now how are the Progressives going to solve this massive debt that they keep wanting more of? Higher taxes won't solve it, even if you taxed at 100%: http://usdebtclock.org/