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Name:   Old Crappie - Email Member
Subject:   fyi
Date:   5/29/2009 8:32:38 AM

USA TODAY used federal data to compute all government liabilities, from Treasury bonds to Medicare to military pensions.
Bottom line: The government took on $6.8 trillion in new obligations in 2008, pushing the total owed to a record $63.8 trillion.
The numbers measure what's needed today — set aside in a lump sum, earning interest — to pay benefits that won't be covered by future taxes. The latest increase raises federal obligations to a record $546,668 per household. This figure doesn't include costs for proposed "free" healthcare.





Name:   Talullahhound - Email Member
Subject:   fyi
Date:   5/29/2009 11:37:13 AM

And 2008 encompasses the Bush Administration, not the Obama Administration. I think that it points out that "government" irrespective of party has been spending money like a drunken sailor.

It always amazes me that the government doesn't prioritize it's spending the same way any of us would. Except those with "echelons above reality" fortunes, you really can't have and do everything.

I saw a guy on Morning Joe yesterday, who said that as a result of the US financial crisis, more people are starving in Africa and dying of diseases that are preventable. At what point in our history did we become the primary benefactor to the world?



Name:   MartiniMan - Email Member
Subject:   2006-2008
Date:   5/29/2009 1:20:14 PM

Recall that spending is set by Congress so the increase in debt since 2006 is not just a Bush problem. In fact, if you look at the numbers since Democrats took control of Congress our national debt has risen 38%. As of January 1, 2006 the total debt was $8.17 trillion (directly from the U.S. Treasury Department website) versus $11.30 trillion today. Looking at it another way, of the total debt to date, almost 40% has come about since Democrats took control of the purse strings.

Worse still, the Obama administration and Democrat controlled Congress will add another $1.8 trillion next year alone!! And once they try to take control of health care it will increase exponentially.



Name:   Summer Lover - Email Member
Subject:   fyi
Date:   5/29/2009 1:36:13 PM

We have been the world's police force, funding source, and soup kitchen for decades. When we do try to help, we are met by ungrateful people who we teach only to stand in line with their hands out (internal aid too). "We" want ethanol produced from corn to replace petroleum and take land out of potential food production, we do not send as much aid because "we" have been totally irrespponsible with "our" spending habits. As far as the politics, every administartion and Congress I have seen has contributed to this behavior, and they are all responsible, and we assume responsibility by electing these idiots to office.



Name:   Talullahhound - Email Member
Subject:   fyi
Date:   5/29/2009 5:52:31 PM

I think you are right. I'd like to see them spend their personal fortunes the way they spend the tax payers money.

You know, I spent so many years working international stuff. I wish I could say that I'd witnessed gratitude on the part of foreign countries that we helped. They don't take care of the stuff we've given them, they sell it on the black market, they complain about a lack of spare parts -- forgetting entirely that they had no logistics or warehousing system to speak of and couldn't find the stuff. After we saved Kuwait, I sat in a meeting with my agency director (who was a 3 star) and witnessed him take a tongue lashing from a Kuwaiti over some weapon cleaning equipment we sent them. Not to mention that they were furious that we wouldn't give them our finest night vision equipment.

No matter what we did, it was never enough. I worked on a number of regions over the years -- even Africa, and eventually it just burned me out. When I moved to technology transfer issues, primarily with the Europeans, no matter how much technology we gave them or allowed our companies to pass to their companies, it was never enough.

It's enough to make a person believe in isolationism.





Name:   MartiniMan - Email Member
Subject:   Even the Russians
Date:   5/30/2009 4:31:10 PM

have the Messiah figured out while Americans fiddle around while they slouch toward socialism. And we see how well its worked for them.......

URL: http://english.pravda.ru/opinion/columnists/107459-0/





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