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Blitzburgh 06-29-2007 06:36 PM

United States of Debt ...
 
Our debt and the presidents responsible for it ....

Wow, GOP Presidents have been an absolute nightmare for our country ..... sick stuff, but the truth must be told. Took Clinton 6 years just to get the freight train to start slowing down from the two previous administrations. Now look what "W" is doing ..... sick, sick, sick ...


Don't shoot the messenger .... :coffee:



http://web.whittier.edu/academic/mat...es/usdebt1.gif

revefsreleets 06-29-2007 07:15 PM

Re: United States of Debt ...
 
Hmmmm. Seems to be an upward trend here that started 40 years ago, and was only slowed by a bubble ( dot.com ) economy that burst right around 2000.

Well, the only thing I think you can hope for (and pray for, since you stir up so much shit) is that a Democratic President elected in '08 reverses this trend. Unfortunately for you, it ain't gonna happen. But it's fun to watch the spin!

SteelCityMan786 06-29-2007 07:17 PM

Re: United States of Debt ...
 
Quote:

Originally Posted by revefsreleets (Post 261189)
Hmmmm. Seems to be an upward trend here that started 40 years ago, and was only slowed by a bubble ( dot.com ) economy that burst right around 2000.

Well, the only thing I think you can hope for (and pray for, since you stir up so much shit) is that a Democratic President elected in '08 reverses this trend. Unfortunately for you, it ain't gonna happen. But it's fun to watch the spin!

Not if Hilary is president. The only Democrat I can see winning the presidency is Barack Obama

If it's Rudy or John from the Republican Party, we'll see a change.

83-Steelers-43 06-29-2007 07:18 PM

Re: United States of Debt ...
 
This guy is on a roll.

tony hipchest 06-29-2007 07:22 PM

Re: United States of Debt ...
 
Quote:

Originally Posted by revefsreleets (Post 261189)
Hmmmm. Seems to be an upward trend here that started 40 years ago, and was only slowed by a bubble ( dot.com ) economy that burst right around 2000.

Well, the only thing I think you can hope for (and pray for, since you stir up so much shit) is that a Democratic President elected in '08 reverses this trend. Unfortunately for you, it ain't gonna happen. But it's fun to watch the spin!

but wasnt clintons specialty in college economy and politics? just because its an upward trend does that mean every president should just say "f--- it its an upward trend so nothing is gonna stop it"?

didnt clinton actually have a childhood and lifelong focus to entering politics and addressing problems such as these, as opposed to being an actor or owning a baseball team?

i think youre selling our previos democratic president a bit short.

but hey, were going to hell in a handbasket of debt anyways....

(if you dont look at the pink elephant in the room it ALWAYS goes away)

blaming the dot.com bubble burst on clinton is hilarious. werent the majority of the holders of those shares who were "pumping and dumping" them wealthy republicans?

revefsreleets 06-29-2007 07:53 PM

Re: United States of Debt ...
 
Quote:

Originally Posted by tony hipchest (Post 261194)
blaming the dot.com bubble burst on clinton is hilarious. werent the majority of the holders of those shares who were "pumping and dumping" them wealthy republicans?

I'm on no way blaming the bubble burst on him. I'm just correctly pointing out that he rode a wave that was not of his creation that also ended under his watch.

As for pumping and dumping, I'd be interested to see a source on that one. Most of the people who made most of the money were just accidental tourists who were lucky enough to take the trip.

tony hipchest 06-29-2007 09:43 PM

Re: United States of Debt ...
 
Quote:

Originally Posted by revefsreleets (Post 261205)
Most of the people who made most of the money were just accidental tourists who were lucky enough to take the trip.

lucky accidental tourists? :toofunny: sources for that must flood the net for that one :rolleyes:.

sounds more like the "suckers" those stocks were dumped off to.

the "accidental tourist" was being fed "hold for the long haul" while being told daytrading was an evil "risk and gamble" doomed to lose out on the next days big gain. LOL. even with earnings/ share were at 150-200:1 the "tourists" were being told "the market will catch up! "hold, hold, hold!"

the internet stock craze was the biggest case of "pump and dump" never prosecuted.

anyways, pointing out that the internet craze ended under clintons watch is about as constructive as correctly pointing out that 9-11 happened under bush's watch. regardless, the chart posted above doesnt lie DESPITE under whose watch it finally began to cease its exponential growth...

study the chart. shit sure did start to hit the fan between '80 and '92. i wonder if "trickle down" economics had anything to do with it. i wonder if the same ones to benefit from "trickle down" economics (enron and tyco executives?) were the same ones to benefit from the dot.com bust :hunch:

Crushzilla 06-30-2007 12:54 AM

Re: United States of Debt ...
 
According to some sources the debt looks worse than it is. With a widening world economy the current national debt is actually less severe than the one we had accrued during the second World War.

Just playing Devil's Advocate.

There is an obvious trend in Republican Presidents and the rising debt. In their defense, it is very hard to balance the budget with one hand preparing to launch missiles. It's also hard to do such tasks when you are in bed so often... with as many big businesses as possible. :coffee:

I can't cut this administration any slack. It has been a f***ing travesty.

:help:

revefsreleets 06-30-2007 06:45 AM

Re: United States of Debt ...
 
What about the trade deficit?

http://www.safehaven.com/article-2875.htm

Or the fact that Clinton balanced the budget in spite of his own attempts not to?

http://www.thefreelibrary.com/Defici...ons-a018614099

Finally, the rest of my points laid out more eloquently by a WSJ Op/Ed writer

http://www.opinionjournal.com/editor...l?id=110005409

SteelCityMan786 06-30-2007 10:23 AM

Re: United States of Debt ...
 
Quote:

Originally Posted by revefsreleets (Post 261280)
What about the trade deficit?

http://www.safehaven.com/article-2875.htm

Or the fact that Clinton balanced the budget in spite of his own attempts not to?

http://www.thefreelibrary.com/Defici...ons-a018614099

Finally, the rest of my points laid out more eloquently by a WSJ Op/Ed writer

http://www.opinionjournal.com/editor...l?id=110005409

then why did the deficit get worse for Clinton as it has for every president listed in the graph?


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