Tag: Fascism

Amusing

Obama Added More to National Debt In First 19 Months Than All Presidents From George Washington Through Ronald Reagan Combined

Hell thats nothing, he’s just getting started! Didn’t he just ask for another 50 Billion?

In the first 19 months of the Obama administration, the federal debt held by the public increased by $2.5260 trillion, which is more than the cumulative total of the national debt held by the public that was amassed by all U.S. presidents from George Washington through Ronald Reagan.

The U.S. Treasury Department divides the federal debt into two categories. One is “debt held by the public,” which includes U.S. government securities owned by individuals, corporations, state or local governments, foreign governments and other entities outside the federal government itself. The other is “intragovernmental” debt, which includes I.O.U.s the federal government gives to itself when, for example, the Treasury borrows money out of the Social Security “trust fund” to pay for expenses other than Social Security.

At the end of fiscal year 1989, which ended eight months after President Reagan left office, the total federal debt held by the public was $2.1907 trillion, according to the Congressional Budget Office. That means all U.S. presidents from George Washington through Ronald Reagan had accumulated only that much publicly held debt on behalf of American taxpayers. That is $335.3 billion less than the $2.5260 trillion that was added to the federal debt held by the public just between Jan. 20, 2009, when President Obama was inaugurated, and Aug. 20, 2010, the 19-month anniversary of Obama’s inauguration.

By contrast, President Reagan was sworn into office on Jan. 20, 1981 and left office eight years later on Jan. 20, 1989. At the end of fiscal 1980, four months before Reagan was inaugurated, the federal debt held by the public was $711.9 billion, according to CBO. At the end of fiscal 1989, eight months after Reagan left office, the federal debt held by the public was $2.1907 trillion. That means that in the nine-fiscal-year period of 1980-89–which included all of Reagan’s eight years in office–the federal debt held by the public increased $1.4788 trillion. That is in excess of a trillion dollars less than the $2.5260 increase in the debt held by the public during Obama’s first 19 months.

When President Barack Obama took the oath of office on Jan. 20, 2009, the total federal debt held by the public stood at 6.3073 trillion, according to the Bureau of the Public Debt, a division of the U.S. Treasury Department. As of Aug. 20, 2010, after the first nineteen months of President Obama’s 48-month term, the total federal debt held by the public had grown to a total of $8.8333 trillion, an increase of $2.5260 trillion.

In just the last four months (May through August), according to the CBO, the Obama administration has run cumulative deficits of $464 billion, more than the $458 billion deficit the Bush administration ran through the entirety of fiscal 2008.

The CBO predicted this week that the annual budget deficit for fiscal 2010, which ends on the last day of this month, will exceed $1.3 trillion.

The first two fiscal years in which Obama has served will see the two biggest federal deficits as a percentage of Gross Domestic Product since the end of World War II.

“CBO currently estimates that the deficit for 2010 will be about $70 billion below last year’s total but will still exceed $1.3 trillion,” said the CBO’s monthly budget review for September, which was released yesterday. “Relative to the size of the economy, this year’s deficit is expected to be the second-largest shortfall in the past 65 years: At 9.1 percent of gross domestic product (GDP), that deficit will be exceeded only by last year’s deficit of 9.9 percent of GDP.”

Source…

Amusing

Who am I?

Try to Guess WHO I AM.

I was born in one country, raised in another. My father was born in another country. I was not his only child. He fathered several children with numerous women.

I became very close to my mother, as my father showed no interest in me. My mother died at an early age from cancer. I became close with my grandmother.

Later in life, questions arose over my real name.

My birth records were sketchy and no one was able to produce a legitimate, reliable birth certificate.

I grew up practicing one faith but converted to Christianity, as it was widely accepted in my country, but I practiced non-traditional beliefs & didn’t follow Christianity, except in the public eye under scrutiny.

I worked and lived among lower-class people as a young adult, disguising myself as someone who really cared about them.

That was before I decided it was time to get serious about my life and I embarked on a new career.

I wrote a book about my struggles growing up. It was clear to those who read my memoirs that I had difficulties accepting that my father abandoned me as a child.

I became active in local politics in my 30’s then with help behind the scenes, I literally burst onto the scene as a candidate for national office in my 40s. They said I had a golden tongue and could talk anyone into anything. That reinforced my conceit.

I had a virtually non-existent resume, little work history, and no experience in leading a single organization. Yet I was a powerful speaker and citizens were drawn to me as though I were a magnet and they were small roofing tacks.

I drew incredibly large crowds during my public appearances. This bolstered my ego.

At first, my political campaign focused on my country’s foreign policy. I was very critical of my country in the last war and seized every opportunity to bash my country.

But what launched my rise to national prominence were my views on the country’s economy. I pretended to have a really good plan on how we could do better and every poor person would be fed & housed for free.

I knew which group was responsible for getting us into this mess. It was the free market, banks & corporations. I decided to start making citizens hate them and if they were envious of others who did well, the plan was clinched tight.

I called mine “A People’s Campaign” and that sounded good to all people.

I was the surprise candidate because I emerged from outside the traditional path of politics & was able to gain widespread popular support.

I knew that, if I merely offered the people ‘hope’, together we could change our country and the world.

So, I started to make my speeches sound like they were on behalf of the downtrodden, poor, ignorant to include “persecuted minorities” like the Jews. My true views were not widely known & I needed to keep them unknown, until after I became my nation’s leader.

I had to carefully guard reality, as anybody could have easily found out what I really believed, if they had simply read my writings and examined those people I associated with.

I’m glad they didn’t. Then, I became the most powerful man in the world. And the world learned the truth.

Who am I?

I am . . . ADOLF HITLER.

WHO WERE YOU THINKING OF?

Scary isn’t it?

The audio version.

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