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Name:	MartiniMan -	Reply
Subject:	Debt as a % of GDP.....big trouble for the U.S.
Date:	6/7/2010 9:22:28 AM

By all accounts it appears that the U.S. will see our national debt exceed GDP under the Obama administration. As of today it is around 90% of GDP. Sobering thought that in the UK debt is only 82% of GDP. Greece debt is 123% of GDP so we are on a trajectory to be more like Greece, a failed socialist economy and less like Britain, a struggling socialist economy.

Another point that is worth repeating. At the end of Bush's presidency (early January 2009) debt was around 69% of GDP. And all we heard from the left and the government media was the debt crisis under Bush, the irresponsible spending under Bush and by the GOP ad nauseum. While I too was concerned about the spending and critical of programs like the prescription drug benefit, earmarks, etc. it appears that the left was only kidding. Hypocrisy and double standards abound.

And you can't blame this on the GDP as it has rebounded to close to the record level of $15T.

Name:	Psycho -	Reply
Subject:	Debt as a % of GDP.....big trouble for the U.S.
Date:	6/7/2010 11:43:15 AM

I heard on the radio this morning that debt will be over 100% of GDP by 2012

Name:	Yankee06 -	Reply
Subject:	Debt as a % of GDP.....big trouble for the U.S.
Date:	6/7/2010 1:48:16 PM

The important questions are: 1) What are we going to do about this as a country, and 2) what are we ging to do about this as individuals?

-As a country, we're probably not going to do much for the next couple of years. ...then will it be too late?

-As an individual, I don't know what to do! ...gold? ...cash? ...trip around teh world now, while 20 grand is still worth something more than a loaf of bread?

Name:	Talullahhound -	Reply
Subject:	Debt as a % of GDP.....big trouble for the U.S.
Date:	6/7/2010 3:49:43 PM

Huge cuts need to happen, the really hard kind that don't win any votes. The WH needs to take on a massive "education" of the general population and why the cuts need to be made -- as patriotic as "war bonds" were in WWII. Unfortunately, the WH is so busy spinning the numbers into something positive, I'm not at all sure they even know that cuts need to be made.

I saw this morning that Biden is headed to Africa -- I shudder to think how many more millions we are about to promise them -- millions that we can ill-afford as a country. Every time a senior official heads anywhere it means $$$.

Name:	alahusker -	Reply
Subject:	So now what do you think??
Date:	6/7/2010 8:28:11 PM

How is this "hope and change" working out?? Buyer remorse yet or are you happy with the Obama/Biden team??

Name:	water_watcher -	Reply
Subject:	You know Hound ...
Date:	6/7/2010 9:09:05 PM

I am liking and respecting you more every day. While I do know you still have your strong beliefs that we may not always agree on ... I respect that you see the crisis that has been created and that action is needed. But Obama and team are sticking to their agenda and have their spin machine in full gear.

Name:	Talullahhound -	Reply
Subject:	So now what do you think??
Date:	6/8/2010 6:48:54 AM

I'm not sorry I voted for Obama, but I'm not happy with his Presidency. I'm not convinced it is all his fault, but I'm not pleased that they aren't more focused on the economy. I expected him to rally the people more, a la Reagan. Definitely not a "leader", but a policy wonk.

Name:	MartiniMan -	Reply
Subject:	More important question
Date:	6/8/2010 9:44:38 AM

I think asking her if she is sorry for her vote is not the right question. Even if she is unhappy with her choice there is no way to convince her that McCain would be better, even if we all believe in our heart of hearts that he clearly would have been better. The fact is if we had McCain in there he would be doing all sorts of deals with Nancy and Harry and driving us crazy. Would he be better than the current bunch of nincompoops? In my view absolutely! But if he were there she would be asking us the very same question about McCain and none of us would admit our mistake because we would still believe that he was better than Obama.

The right question is whether she would vote for him again today (of course assuming the GOP put forth a credible candidate)? And would she support a change in control of the House and/or the Senate to try to stunt some of his big government policies and force him to try to lead?

I have long said his Presidency will hinge on whether he is ideological or ambitious. I think there is no doubt he is ideological and will accept being a one term President in order to enact his big government, statist agenda. Of that I no longer have any doubt. Watch what happens if the GOP takes control of the House and/or the Senate. The insanity we will see from November 3rd to January 1 will be unrivaled. They will try to push through every one of their remaining leftist wet dreams with the enthusiastic support of Obama.

Name:	Talullahhound -	Reply
Subject:	More important question
Date:	6/8/2010 11:13:25 AM

If the GOP can produce a viable candidate in 2012, and I mean someone other than the normal crop of retreads, I would vote for that person.

And yes, I would like very much to see a turnover in Congress. I count myself in the very large percentage of people that think Congress is a joke.

I truly believe that the country needs leadership -- not just a person with vision (although that would be helpful), but someone that can lead the country through what I believe will be the dark days ahead. I will always admire Reagan for his ability to rally the country on the sheer will of his personality. I admired Bush for his leadership right after 9/11.

Name:	MartiniMan -	Reply
Subject:	More important question
Date:	6/8/2010 12:28:56 PM

Hound, great answers all the way around. My fervent hope is that IF the poll numbers for Obama continue downward, unemployment stays high and the generic number for GOP stays high vis-a-vis Dems then there will be a number of high quality GOP candidates coming to the fore. If job numbers improve as does his chances for reelection then I suspect we will get another set of retreads like we had in 2008. Some people for you to consider are Bobby Jindal, Paul Ryan and several others. You will also see the usual retreads but let's hope the GOP keeps their sanity and puts forward someone new, competent and politically attractive.

And just to be clear (I know GF is already formulating a pointed response), I really hope the job numbers do improve, even if it means it improves Obama's prospects for reelection which is clearly the lesser of two evils. That won't happen by 2012 so I anticipate a big shift in Congress to the GOP. If that happens I suspect some semblance of sanity will return to government policy on the legislative side and maybe the job numbers will improve. Good for America and good for Obama, even if he doesn't really deserve credit. But to be clear, I do not want people to continue to suffer just to improve the GOP political prospects. In that regard I am unlike the left who don't mind bad news for America if it helps them take advantage of a good crisis to enact their big government statist wet dreams as they have done since Obama took office.

Name:	alahusker -	Reply
Subject:	Debt as a % of GDP.....big trouble for the U.S.
Date:	6/8/2010 6:27:22 PM

Okay guys.. McCain was a very bad option in 2008.. I voted for him because I felt candidate Obama would not have a clue how to govern. Now, I continue to ask my self -- had we had a President Romney for the last year and a half, would we be in a better position?? I don't know for sure, but this Commander in Chief, community organizer and junior Senator has not earned alot of my confidence..

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