Posted on 09/08/2004 9:50:23 AM PDT by Willie Green
Here´s the Real Deal! The same Washington politicians who took control of Congress by promising to balance the federal budget are now bankrupting America by launching the biggest spending spree in the history of the United States.
With big-spending Democrats at their side, President George Bush and his “conservative” Republican Congress have controlled the government´s checkbook while the national debt has skyrocketed past seven trillion dollars. That´s right, $7,000,000,000,000. How has the party of Reagan become the party of big- government spending?
Now former Republican congressman Joe Scarborough delivers a scathing indictment of Republicans and Democrats alike in the same informed, hard-hitting, and entertaining style fans of Scarborough Country have come to admire. Having had a ringside seat during his four terms in the House of Representatives, Scarborough gives the inside scoop on how Washington really works and on the spending orgy the Republicans have fueled the last ten years.
Read an excerpt of Scarborough's book, below:
(Excerpt) Read more at msnbc.msn.com ...
Go Joe Go!!!
Is Joe wanting Dubya to raise taxes?
LOLOL......I could not agree more.....but you know we're going to get slammed for saying so!
I question the timing...this could help Kerry. In my opinion, Joe wants Kerry to be elected...he is no Republican. I can't even watch this lame show anymore...I'd rather watch Harball! At least you get some decent conversation.
Joe Scarborough is Making Kerry's Case
I'll go ya one further - he's sold out his Republicanism because he knows he's gonna get canned from PMSNBC and is already auditioning for one of the Old Media channels.
Gee, what a guy!
Besides, as my ol’ dad used to tell me: “Son, if you want quality, it’s going to cost you.”
Dubya's ballyhooed tax cuts haven't done diddly-squat to "tickle down" and generate revenues by stimulating our economy. Instead, they hemorrhage OUT of our domestic economy and flow overseas in the form of increased offshore investment and a staggering Trade Deficit. This tyrannous policy burdens our citizenry with increased debt while undermining their opportunities for better wages and benefits. This is a direct assault on the peaceful prosperity of the American Middle class.
No, it is the Bush Administration who has abandoned any pretext of fiscal responsibility and handed Kerry a substantive issue on a silver platter.
And then Karl Rove sends forth his swarm of talking-point flying-monkeys to bash the bejeezus out of fiscal conservatives who dare to shine a light on the Administration's hypocrisy.
Heard him last night. Impressive. On money matters the GOP is to the left of the Democrats. Or to paraphrase from the past 'it's passing the tax increases to the next generation, stupid'. Or the Richest 2% Gone Wild.
George W. Bush's "compassionate" neoconservatism is nothing but a globalized rebirth of LBJ's Great Society. The national interests of the American People are subordinated to unfetterred government spending on BOTH guns & butter, with the debt obligation for such extravagence passed on to future generations.
$7,000,000,000,000 sounds like a lot of money.
However, it equates to about $20,000 per capita of th USA population.
If foreigners have been daft enough to lend to you at the current low interest rates, say 1%, then the cost per capita of financing this debt is approx $4 per week per citizen.
I guarantee that by the time the bills are due the US$ will have devalued against the currencies of the lenders.
It's as close to getting something for nothing as you can get.
Seven trillion?
Yeah, yeah, but Scarborough sucks, besides he's not really a Republican.
I agree 100%. He may be right about some of this, and can certainly write anything he wants, but anyone who puts out a book right now certainly wants to influence the election.
Actually, it's $7,375,414,949,499.68
And increasing at the rate of $1.72 billion per day.
U.S. NATIONAL DEBT CLOCK
So Joe understated it a little bit.
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