Obama urges us to avoid debt. Oh really?

Finally, Frank James notices the hypocrisy. What's another almost $800 billion when you're in as far as we are?

In a related story...just in!...
A-Rod's advice to all young athletes with an eye on the big leagues;

Spend more time in the gym, work hard, and don't take any shortcuts!

Again, Frank James fails to mention that the Repukes nearly doubled our national debt in eight short years.

We wouldn't need to spend to stimulate the economy if the Bush "fiscal conservatives" hadn't taken a surplus and blown it on tax cuts for their rich cronies and a trumped up war in Iraq (where much of the billions spent are still unaccounted for).

Looks like he is
"Backfiring'
Probable needs a shot of
"Old Stimulus "

No Jeffy, hypocrisy is the GOPer's blowing money like it's going out of style and then acting like they should be regarded as the good keepers of the treasury after they've been voted into the minority.

Probable needs a shot of
"Old Stimulus "

Posted by: Inky | February 18, 2009 5:47 PM
...

"Probably"

P_R_O_B_A_B_L_Y
prob·a·bly (prb-bl)
adv. Most likely; presumably.

Other than the bible, has the average Republican ever opened a book?

Again, Frank James fails to mention that the Repukes nearly doubled our national debt in eight short years.

We wouldn't need to spend to stimulate the economy if the Bush "fiscal conservatives" hadn't taken a surplus and blown it on tax cuts for their rich cronies and a trumped up war in Iraq (where much of the billions spent are still unaccounted for).

Posted by: Bubba Porter | February 18, 2009 5:44 PM

get over it please- Bush is gone...

If you don;t see the irony of Obama saying "And all of us must learn to live within our means again." after just signing off on new debt of $Trillions ( yes, there will be more!) then you either have a really bad instincts or are just a moon eyed Obamabot ...

Frank James: This is a disingenuous posting. You can't compare what needs to be done at a federal level with what needs to be done at an individual level.

You know better.

It seems they (our rulers in Warshington, I mean) have a fork in the road, two choices:

1. Inflate away all the debt

2. Don't, let all the improvident institutions fail and take down a lot of small companies with them, enter a period of deflation and retrenchment world wide.

Peterson, er, Paulson let Lehman Bros. fail, probably as much from personal spite against a former competitor as from belief in making a morality play of it all.

That had unintended consequences, to say the least.

So I guess we'll go the inflation route.

As usual, the working stiffs will get the short end.

Perhaps the only good that might come would be to reduce the military budget and the footprint abroad, let Europe worry about defending itself, and practice some diplomacy.

get over it please- Bush is gone.If you don;t see the irony of Obama saying "And all of us must learn to live within our means again." after just signing off on new debt of $Trillions ( yes, there will be more!) then you either have a really bad instincts or are just a moon eyed Obamabot ...
Posted by: heartburn | February 18, 2009 6:12 PM
.....

Why don't you get over it, PrePuke?

Your Repuke team, led by Bush and Cheney, trashed our country in every way possible and if you think the average American is going to forget about that anytime soon than you're dumber than I thought.

It's anchor around your neck and it's one that you cheerleaded for, Pre Puke!

So what's wrong with President Obama saying that we should live within our means? Bush never said that and look at the mess he made.

Hey heartburn, If you think people are going to automatically forget about your hero W. then you're an idiot....of course we already knew that.

Frank James is really letting his Repuglican colors show through today. I wonder why RNC Brucie hasn't come on here and cried about it yet? Oh, that's right, Bruce is a Repug droid and the media is "liberal"....my bad.

Does living within our means include the extra $8.00 a week?

What a pointless post.

Are you pleased with yourself?

I suppose the President can't condemn the use of automatic weapons on the streets of US cities because he commands an Army using them right now in Iraq and Afghanistan?

I wonder who President Obama inherited that $10 trillion deficit from?

Maybe Frank James should comment on the real hypocrisy of House Republicans who have the gall to bemoan emergency deficit spending after their conduct over the last 8 years instead.

There's a difference between the federal budget and what individuals should do. Simple as that, as Joe points out.

When the economy is healthy again, the federal budget must work its way back toward some sanity, such as being balanced as it was under Clinton.

Until the GOP comes up with a response to having Obama out in the country listening to folks and personally educating them, he can continue to do this and build widespread support for his plans. After all, these will be the people who will vote against Republican candidates in 2010 and it's only fitting that they should be shown how pathetic their Republican Congresspeople are doing and how their Reps and Senators aren't supporting bills that makes sense for them.

Except for the three RINOs, no GOPers voted TO INCREASE the national debt by nearly a trillion dollars for Obama's stimulus, as every democrat did. Sorry guys, you own this debt.

Joe, why can't you? Shouldn't managing the family budget be done in the same way as the federal budget, just with a lot less zeros? You know better.

Well, it's occurred to Mrs. Morris and myself that now, and in recessions past, Dem or Repub, we are always urged to do the very things that got us into the mess in the first place.

This downturn has not produced even a slight change in our spending behavior because we always have been careful and prudent. Just because their was a boom in the housing market we did not increase our borrowing or spending.

For us every purchase has been carefully planned. We have always been efficient and careful, driving high milage cars (with the exception of the 68 GTO and Torino 390 GT).

Obama is, once again, correct. Individual Americans need to scale back. smaller is better. Live in a smaller house. Hike and read instead of spend at the mall.

Camp in a tent. That's why they call in camping. A 40' bi-level on wheels does not qualify.

"We wouldn't need to spend to stimulate the economy if the Bush "fiscal conservatives" hadn't taken a surplus and blown it on tax cuts for their rich cronies and a trumped up war in Iraq (where much of the billions spent are still unaccounted for).

Posted by: Bubba Porter | February 18, 2009 5:44 PM "

Hm. So, it was all tax cuts and war?

The fact that people got involved with mortgages that they couldn't afford had nothing to do with it?

The failures/mis-management of Fannie and Freddie weren't contributing factors?

Granted, war doesn't help to save $$, but (like nearly all points political) blaming one party while ignoring everyone else is ignorant and short-sighted.

But hey, thanks for playing.

And you Jeff, own Bush's trillions of debt? Is that how it works? Stupid.

There should have been one bill housing.

Another bill for infrastructure at another time.

Putting all the trash into the bill has warped the coming decades.

Can the next president rescind some of this stimulus bill?

obamma is beginning to feel what our hero W. was dealing with. This pork bill will do nothing but take us, the working white man, into deeper debt.
The almighty one, might not be as powerful as you dems. think he is, but his arrogance
will be the smoke screen you need to not see him, who he really isn't.
Look beond Geo. Bush now liberals, your change is here to meet you.

obamma is beginning to feel what our hero W. was dealing with. This pork bill will do nothing but take us, the working white man, into deeper debt.
The almighty one, might not be as powerful as you dems. think he is, but his arrogance
will be the smoke screen you need to not see him, who he really isn't.
Look beond Geo. Bush now liberals, your change is here to meet you.

I think there are valid arguments on both side about this government plan. Will it raise the budget deficit? Probably. Will it help? That’s a good question. I think economies go through cycles and this might be one of them. I read a good article on recessions and their history on

http://www.recessioninfocenter.com

No, stupid, not me personally, the senators and representatives that followed him. And Bush should've cut more spending (see McCain, John).
That's how Washington works. Presidents come up with ideas that they push and legislators either vote for or against them. Depending on how those plans work out (viewed positively or negatively by the voters) the legislators and presidents either win or lose elections. Welcome to the Swamp, stupid.
McCain lost because he supported Bush's economic policies (even though he and Chris Shays were the only ones who tried to stop the abuse at Fannie and Freddie) and even though he said he wanted spending cuts and didn't vote in favor of Bush's first tax cut bill, he paid for it at the polls. Obama and his enablers in congress will sink or swim based on this one. It's that simple.

The GOP spending ran-up the debt, the tax cuts stimulated the economy and actually created more revenue thru economic growth. The GOP Congress and President Bush s/b held accountable for their spending habits; that is, of trying to out democrat the democarts

There is no personal responsibility anymore. Obama and Congress are stealing MY money to pay the debts of those who chose to mismanage their finances. Hail to the Thief!

The U.S. President who rang up the most debt was Ronald Reagan. The man was a fraud, a failure, and the most overrated President in U.S. history. The current economic crisis were are experiencing can be directly traced back to him and his policies.

Joanne600,
And I thought we were still paying off Reagan's deficits.

"We all have to learn to live within our means again." -- Barack Obama.


Does that include Fedzilla? Evidently not.

Why don't you get over it, PrePuke?

Your Repuke team, led by Bush and Cheney, trashed our country in every way possible and if you think the average American is going to forget about that anytime soon than you're dumber than I thought.

It's anchor around your neck and it's one that you cheerleaded for, Pre Puke!

Posted by: antacid | February 18, 2009 7:04 PM

Your one of those people who spit when you talk - aren't you?

Barack's shmoozing of the GOP with a Super Bowl party, etc was supposed to bring support on the Democrats' terms... but with the strict party-line voting, that didn't go-to-plan.

This isn't the way it was supposed to be- he had to invest most of his political capital in campaigning for it, and was clear in calling it "my bill" throughout... hard to see any political cover for him if it doesn't work, and it must in the next 18 mos.

The massive spending now looks to be a HUGE gamble economically and politically for Obama. And when all this pork and welfare fails to generate real economic gains, the Democrats could face a bloodbath in November 2010.

Obama now owns this clunker...

http://reaganiterepublicanresistance.blogspot.com

Obama talks a good talk except he never follows up on his talk. He knows what is wrong but he dosen't follow through with what he knows is right, he just throws money at the problem just as other democrats have done. He now becomes the biggest spender of our times, If he followed his own advice we would be a lot better off.