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Obama Vows To Address Record Deficit Woes [Obama Blames Bush for "Profligacy"]
APReport ^ | February 01, 2010

Posted on 02/01/2010 10:02:36 AM PST by Steelfish

Obama Vows To Address Record Deficit Woes President decries 'what can only be described as a decade of profligacy'

WASHINGTON - President Barack Obama unveiled a multitrillion-dollar spending plan Monday, pledging an intensified effort to combat high unemployment and asking Congress to quickly approve new job-creation efforts that would boost the deficit to a record-breaking $1.56 trillion.

Speaking from the White House hours after the budget's release, the president decried "what can only be described as a decade of profligacy."

He pledged to "do what it takes" to create jobs, while asking lawmakers to follow his lead on reducing "waste in programs I care about."

(Excerpt) Read more at msnbc.msn.com ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS: 2creepy4words; unfrickenbelievable
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1 posted on 02/01/2010 10:02:37 AM PST by Steelfish
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To: Steelfish
Photobucket
2 posted on 02/01/2010 10:03:53 AM PST by b4its2late (A Liberal is a person who will give away everything he doesn't own.)
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To: Steelfish

Obama is mentally ill.


3 posted on 02/01/2010 10:04:07 AM PST by jwalsh07
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To: Steelfish

4 posted on 02/01/2010 10:06:18 AM PST by jwalsh07
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To: Steelfish

The more he blames Bush the more people catch on. I can’t figure out if this guy is incredibly stupid or if he really believes that if he says often enough people will buy it. Or both.


5 posted on 02/01/2010 10:06:36 AM PST by DJ MacWoW (Make yourselves sheep and the wolves will eat you. Ben Franklin)
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To: Steelfish
Is he going to cut the deficit by spending 200 billion to try each terrorist in Guantanamo?
6 posted on 02/01/2010 10:06:48 AM PST by TexasFreeper2009 (November is coming.)
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To: Steelfish

Letting all the American people keep and spend more of their own money was “a decade of profligacy”?????????

PLEASE GOP!!!! Stop the polite applause. Kick this snake oil-selling comunity organizer to the gutter


7 posted on 02/01/2010 10:07:16 AM PST by silverleaf (My Proposed Federal Budget is $29.99)
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To: Steelfish

Obama - get out of the way, then watch as jobs are created.

Government is support to defend our rights and property, not create jobs!


8 posted on 02/01/2010 10:07:33 AM PST by rjp2005 (Lord have mercy on us)
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To: Steelfish

There’s no doubt in my mind that Obama views our war on terrorism as part and parcel of the profligate decade.


9 posted on 02/01/2010 10:07:45 AM PST by Obadiah (Democrats and their life partners, the MSM)
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To: Steelfish
Obama is insane...no rational person could lie without any guilt about it.
10 posted on 02/01/2010 10:09:46 AM PST by highlander_UW (There's a storm coming - little kid at a Mexican gas station in The Terminator)
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To: Steelfish

profligate: recklessly extravagant


11 posted on 02/01/2010 10:10:05 AM PST by Gene Eric (Your Hope has been redistributed. Here's your Change.)
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To: Steelfish
The solution is simple. A 4% national sales tax and the eleminstion of the current system and the IRS.

Do that then get out of the way.

12 posted on 02/01/2010 10:10:13 AM PST by isthisnickcool (GIVE ME YOUR MONEY B***!! - President Obama)
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To: Steelfish
The Obama solution to a budget-busting deficit: increase spending and blame the deficit on Bush!

"Show me just what Mohammed brought that was new, and there you will find only things evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelogus

13 posted on 02/01/2010 10:12:34 AM PST by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
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To: b4its2late
"...reducing 'waste in programs I care about.' "

What programs are those, then? All the programs Obie "cares about" are the ones he created AND the source of the "profligate spending".

14 posted on 02/01/2010 10:13:20 AM PST by cake_crumb (Can we impeach him NOW??)
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To: jwalsh07

Do you notice the trend until 2008? Now, what happened in 2007 that could have effected the contined reduction in the deficit?


15 posted on 02/01/2010 10:14:03 AM PST by Redleg Duke
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To: jwalsh07

Do you notice the trend until 2008? Now, what happened in 2007 that could have effected the contined reduction in the deficit?


16 posted on 02/01/2010 10:14:32 AM PST by Redleg Duke
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To: b4its2late

“what can only be described as a decade of profligacy.”

As opposed to a one year profligacy 4 times worse by the Kenyan.

I hope there’s a big commentary push back to this spin.


17 posted on 02/01/2010 10:15:34 AM PST by y6162
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To: Steelfish

Obama vows to walk away from “Underwater” deficit.
“What’s the point.” he said.


18 posted on 02/01/2010 10:15:36 AM PST by tet68 ( " We would not die in that man's company, that fears his fellowship to die with us...." Henry V.)
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To: Steelfish

If this disgusting, pathetic POS actually believes all the crap coming out of his mouth, then he’s mentally unstable and should be removed from office on that basis alone.


19 posted on 02/01/2010 10:17:28 AM PST by wny
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To: Redleg Duke
Like Congressman Hensarling said, if you average the 12 years of Republican Congressional deficits it comes to about 100 billion per year. The democrats are racking that up monthly these days.

And still the DOW goes up.

Twilight zone stuff.

20 posted on 02/01/2010 10:17:40 AM PST by jwalsh07
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