Posted on 08/21/2009 2:31:06 PM PDT by khnyny
WASHINGTON (Reuters) - The Obama administration will raise its 10-year budget deficit projection to roughly $9 trillion from $7.108 trillion in a report next week, a senior administration official told Reuters on Friday.
"The new forecasts are based on new data that reflect how severe the economic downturn was in the late fall of last year and the winter of this year," said the official, who is familiar with the plans.
"Our budget projections are now in line with the spring and summer projections that the Congressional Budget Office put out."
The CBO said in June that deficits between 2010 and 2019 would total $9.1 trillion. The official said the 2010-2019 cumulative deficit projection replaces the administration's previous estimate of $7.108 trillion.
(Excerpt) Read more at reuters.com ...
He is insuring his base votes for him again so he can keep his a$$ wrapped in silk.
The man is vile and beneath contempt. A snake holds higher ground.
LOL.
A bill has been introduced by Ron Paul (HR 1207) to audit the Fed.
Ben’s next big problem will be the CRE market. (commercial real estate)
[[The Obama administration will raise its 10-year budget deficit projection to roughly $9 trillion from $7.108 trillion ]]
Woops- Obama underestimated how much the muslims i nthe world would be ‘needing’ for hteir jihad against America- silly accountign mistake is all- the figures should be correct now (Except when the muslims demand more from him in coming months)
And maximum dosage anti-psycotic meds.
“Does anybody really know what time it is? Does anybody really care?
The time is 25 or 6 to 4. “
But only in “Chicago”.
Sent: Thursday, August 20, 2009 11:56 AM
Subject: Obama Montana town hall orchestrated
FIRST HAND ACCOUNT FROM MY FRIEND IN MONTANA-LOOK AT HOW OBABMA’S ACTED LIKE KINGS AND QUEENS WHILE THE REST OF THE COUNTRY IS SUFFERING.
For those who don’t believe that the Whitehouse is staging their “town hall” events, read this very carefully.
“NEWS FROM MONTANA
“Things are not always what they seem”.
Hello All,
By now you have probably heard that President Obama came to Montana last
Friday. However, there are many things that the major news has not
covered. I feel that since Joe and I live here and we were at the airport
on Friday I should share some facts with you. Whatever you decide to do
with the information is up to you. If you chose to share this email with
others I do ask that you DELETE my email address before you forward this
on.
On Wednesday, August 5th it was announced locally that the President
would be coming here. There are many groups here that are against his
healthcare and huge spending so those groups began talking and deciding
on what they were going to do. The White House would not release ANY
details other than the date.
On about Tuesday Joe found out that they would be holding the “Town Hall”
at the airport. (This is only because Joe knows EVERYONE at the airport)
Our airport is actually located outside of Belgrade (tiny town) in a very
remote location. Nothing is around there. They chose to use a hangar that
is the most remotely located hangar. You could not pick a more remote
location, and you can not get to it easily. It is totally secluded from
the public.
FYI: We have many areas in Belgrade and Bozeman which could have held a
large amount of folks with sufficient parking. (gymnasiums/auditoriums).
All of which have chairs and tables, and would not have to be SHIPPED
IN!! $$$$$
During the week, cargo by the TONS was being shipped in constantly.
Airport employees could not believe how it just kept coming. Though it
was our President coming several expressed how excessive it was,
especially during a recession. $$$$$
Late Tuesday/early Wednesday the 12th, they said that tickets would be
handed out on Thursday 9am at two locations and the president would be
arriving around 12:30 Friday.
Thursday morning about 600 tickets were passed out. However, 1500 were
printed at a Local printing shop per White House request. Hmmmm……900
tickets just DISAPPEARED.
This same morning someone called into the radio from the local UPS branch
and said that THOUSANDS of Dollars of Lobster were shipped in for Obama.
Montana has some of the best beef in the nation!!! And it would have been
really wonderful to help out the local economy. Anyone heard of the
Recession?? Just think…with all of the traveling the White House is
doing. $$$$$ One can only imagine what else we are paying for.
On Friday Joe and I got out to the airport about 10:45am. The groups that
wanted to protest Obama’s spending and healthcare had gotten a permit to
protest and that area was roped off. But that was not to be. A large bus
carrying SEIU (Service Employees International Union) members drove up
onto the area (illegal)and unloaded right there. It was quite a commotion
and there were specifically 2 SEIU men trying to make trouble and start a
fight. Police did get involved and arrested the one man but they said
they did not have the manpower to remove the SEIU crowd.
The SEIU crowd was very organized and young. About 99% were under the age
of 30 and they were not locals! They had bullhorns and PROFESSIONALLY
made signs. Some even wore preprinted T-shirts. Oh, and Planned
Parenthood folks were with them…..professing abortion rights with their
T-shirts and preprinted signs. (BTW, all these folks did have a permit to
protest in ANOTHER area)
Those against healthcare/spending moved away from the SEIU crowd to avoid
confrontation. They were orderly and respectful. Even though SEIU kept
coming over and walking through, continuing to be very intimidating and
aggressive at the direction of the one SEIU man.
So we had Montana folks from ALL OVER the state with their homemade signs
and their DOGS with homemade signs. We had cowboys, nurses, doctors you
name it. There was even a guy from Texas who had been driving through. He
found out about the occasion, went to the store, made a sign, and came to
protest.
If you are wondering about the press…..Well, all of the major networks
were over by that remote hangar I mentioned. They were conveniently
parked on the other side of the buildings FAR away. None of these crowds
were even visible to them. I have my doubts that they knew anything about
the crowds.
We did have some local news media around us from this state and Idaho.
Speaking of the local media…they were invited. However, all questions
were to be turned into the White House in advance of the event. Wouldn’t
want anyone to have to think off the top of their head.
It was very obvious that it was meant to be totally controlled by the
White House. Everything was orchestrated down to the last detail to make
it appear that Montana is just crazy for Obama and government healthcare.
Even those people that talked about their insurance woes……..the White
House called our local HRDC (Human Resource and Development Committee)
and asked for names. Then the White House asked those folks to come.
Smoke and mirrors…EVERYTHING was staged!!!!!!!!!!!
I am very dismayed about what I learned about our current White House.
The amount of control and manipulation was unbelievable. I felt I was not
living in the United States of America, more like the USSR!! I was
physically nauseous. Joe and I have been around when Presidents or Heads
of State visit. It has NEVER been like this. I am truly very frightened
for our country. America needs your prayers and your voices. If you care
about our country please get involved. Know the issues. And let Congress
hear your voices again and again!! If they are willing to put forth so
much effort to BULLY a small town one can only imagine what is going on
in Washington DC. Scary!!”
actually it’s a hundred TRILLION...
It seems to me if they are going to continually blame Bush then they need to also come out and say the Democrat congress too who wrote the laws. Of course we all know they won’t because they are the ones who are all running the show now.
isn’t this “bush’s fault”???
Then it'll be President Biden. In time, he'll resign too.
Then guess what.
You heard it here first.
This man either is completely out of touch with reality, or this is deliberate in order to bring the economic sector to its knees, making it easier for the government to take control. I’m thinking the latter.
The other day I was having a conversation with my father, and told him that I believe by the time I am his age, that I will be paying nearly 70%+ of my income directly to the government at all levels.
And I told him that 70% was my optimistic number.
Heaven knows it may be higher.
And we’re headed for DC and the BIG party!
We’re not letting them take our country away without a fight........that’s for sure!
+++++++++++++++
YES! Wish I could join you, but I’ve been to 8 local events since 4/15...:)
“A bill will be presented to the Congress for action next year. It will include an across-the-board, top-to-bottom cut in both corporate and personal income taxes. It will include long-needed tax reform that logic and equity demand ... The billions of dollars this bill will place in the hands of the consumer and our businessmen will have both immediate and permanent benefits to our economy. Every dollar released from taxation that is spent or invested will help create a new job and a new salary. And these new jobs and new salaries can create other jobs and other salaries and more customers and more growth for an expanding American economy.”
– John F. Kennedy, Aug. 13, 1962, radio and television report on the state of the national economy
In his tax message to Congress in 1963, Kennedy asked that the top income tax rate be brought down from 91% to 65%. His goal was to reduce all statutory income tax rates by about 30%, including a reduction in the bottom tax rate from 20% to 14%.
Subsequently, Congress only reduced the top rate to 70%.
They should send me $9 trillion.
I swear I will invest most of it.
So was appointing Sotomayor.
These clowns aren’t as dumb as we think. What better way to transfer the wealth than print ridiculous amounts of dollars. Pensions will be mostly gone that aren’t indexed for inflation, savings accounts shrink and so on. And these b@$*#^*s are secretly laughing all the way through this mess. I’m ready to go kick some @#*!
29 cents on a good day
(Just kidding, I don’t know. Probably less than $0.29 on a good day.)
BUSH’S FAULT!
Huh.
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