tag:blogger.com,1999:blog-5387053284149226571.post2182368343946468878..comments2024-03-29T04:10:31.115-04:00Comments on The Coming Depression: Here Comes the Government ShutdownEconomic Analysthttp://www.blogger.com/profile/04338902162073990568noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-5387053284149226571.post-22715363427795598722011-04-03T01:22:47.286-04:002011-04-03T01:22:47.286-04:00The Republicans will make lots of noise and drama ...The Republicans will make lots of noise and drama about “balancing the budget” responsibly and blaming Democrats and social security benefits, socialism etc. <br />,just as they did with Gingrich and Co in the nineties.<br />As if The Republican Bush and his mission accomplished war spending was an unavoidable anomaly .<br /><br />This is a convenient 2 political party ,but same- same politics/economics gameshow ,to make it seem worthwhile in getting exited about supporting this or that set of gangsters taking turns at handing out the pork .<br /><br />Under Republicans like Reagan and the last time under Bush the government deficits soared big time .<br /> Both political parties including Clinton when in power claim to try to ‘balance the budget” by replacing social security funds with IOUs in order to try and cover up the extent of their deficit spending ,by robbing peoples savings for social security , thereby turning social security into an underfunded Ponzi.<br />Now these polititions of both parties claim that the government has no money to meet the social security obligations that working people paid in for.<br />But there is still plenty of money for babkster welfare and wars.<br />But all the Politicians of both parties and the sock puppet presidents just do as they are told by Wall St and the Fed and serving the needs of the finance sector and military industrial complex welfare systems.<br /><br />The trillion dollar deficits will continue a bankrupt insovant Ponzi economy cannot function without bailouts.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5387053284149226571.post-87703741955714809262011-04-01T19:24:40.356-04:002011-04-01T19:24:40.356-04:00Anon 1:57- I agree with you. If that's the b...Anon 1:57- I agree with you. If that's the best they can do, we're going to fail.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5387053284149226571.post-7184362862794207872011-04-01T16:57:07.696-04:002011-04-01T16:57:07.696-04:00$61 billion dollars is ONLY 26% of February's ...$61 billion dollars is ONLY 26% of February's $223 billion dollar federal deficit. If this is the best congress can do then shut down the government. Based on the amount of debt, deficits, TARP, stimulus, and money we've loaned out to foreign banks, businesses, and individuals, $61 billion dollars is pathetic. It's not even a feeble attempt to rein in spending. Shut it down.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5387053284149226571.post-86381500628681683672011-04-01T15:11:31.651-04:002011-04-01T15:11:31.651-04:00Who needs a budget or a Constitution? I thought th...Who needs a budget or a Constitution? I thought that Obama was our dictator now. He will rule by means of executive orders. <br /><br />Half of this country (the kool-aid drinkers who voted for this empty suit) would cheer this idea.<br /><br />We are doomed.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5387053284149226571.post-59937370341177749662011-04-01T14:39:51.983-04:002011-04-01T14:39:51.983-04:00at this point maybe the best thing that could happ...at this point maybe the best thing that could happen, hopefully cause americans to take an honest look at gov.<br />so if we're without funding, do we stop policing the world?Anonymousnoreply@blogger.com