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Obama: Budget Deficit Will be $2 Trillion Higher than Projected
    #10932972 -

Within hours after President Obama left Washington for his vacation on Martha's Vineyard, the Office of Management and Budget leaked word that, sometime this week, it will revise its projection of the federal budget deficit over the next 10 years from $7 trillion to $9 trillion.


That $2 trillion upward revision will put the White House's numbers in line with the $9.1 trillion deficit that the Congressional Budget Office projected in June. Back then, the administration criticized CBO's analysis; now it's admitting that CBO was right after all. (Of course, CBO might yet revise its projection upward even more, in light of current economic realities.)



http://www.nypost.com/seven/08252009/postopinion/opedcolumnists/bams_2_trillion_friday_surprise_186337.htm


Meanwhile Obama played tennis with
his wife and golf with his buddies Monday, starting his first
vacation in office on Martha’s Vineyard, a picturesque island known as a refuge for the wealthy and privileged.

Obama  played golf with UBS Investment Bank President Robert Wolf and Chicago physician Eric Whitaker, both friends. White House aide Marvin Nicholson was also in the foursome.

http://www.newsday.com/news/nation/obamas-start-vacation-with-tennis-golf-swimming-1.1389854




Does Obama's new $9 trillion deficit projection include health care reform?


--------------------
America's debt problem is a "sign of leadership failure"

We have "reckless fiscal policies"

America has a debt problem and a failure of leadership.

Americans deserve better

Barack Obama

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Re: Obama: Budget Deficit Will be $2 Trillion Higher than Projected [Re: lonestar2004]
    #10933074 -

http://quotes.ino.com/chart/?s=NYBOT_DX&v=d6




US dollar index......


Maybe Obama wants a NEW currency?


--------------------
America's debt problem is a "sign of leadership failure"

We have "reckless fiscal policies"

America has a debt problem and a failure of leadership.

Americans deserve better

Barack Obama

Extras: Filter Print Post Top
Re: Obama: Budget Deficit Will be $2 Trillion Higher than Projected [Re: lonestar2004]
    #10946040 -

it's only money, they can print more

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Re: Obama: Budget Deficit Will be $2 Trillion Higher than Projected [Re: Prisoner#1]
    #10947209 -

Where were they going without ever knowing the Way?

"They made up their minds
And they started packing
They left before the sun came up that day
An exit to eternal summer slacking
But where were they going
Without ever knowing the way?

They drank up the wine
And they got to talking
They now had more important things to say

And when the car broke down
They started walking

Where were they going without ever knowing the way?"


Anyone could see
The road that they walk on is paved in gold
And it's always summer, they'll never get cold
They'll never get hungry
They'll never get old and gray
You can see their shadows
Wandering off somewhere
They won't make it home
But they really don't care
They wanted the highway
They're happy there today , today

The children woke up
And they couldn't find 'em
They Left before the sun came up that day
They just drove off
And left it all behind 'em
But where were they going without ever knowing the way?






--------------------
America's debt problem is a "sign of leadership failure"

We have "reckless fiscal policies"

America has a debt problem and a failure of leadership.

Americans deserve better

Barack Obama

Extras: Filter Print Post Top
Re: Obama: Budget Deficit Will be $2 Trillion Higher than Projected [Re: lonestar2004]
    #10947287 -

It's not his fault, if you just let him euthenize your grandma I'm sure this wouldn't have happened. :awesome:


--------------------
"Have you ever seen what happens when a grenade goes off in a school? Do you really know what you’re doing when you order shock and awe? Are you prepared to kneel beside a dying soldier and tell him why he went to Iraq, or why he went to any war?"
"The things that are done in the name of the shareholder are, to me, as terrifying as the things that are done—dare I say it—in the name of God. Montesquieu said, "There have never been so many civil wars as in the Kingdom of God." And I begin to feel that’s true. The shareholder is the excuse for everything."
- Author and former M6/M5 agent John le Carré on Democracy Now.
Conquer's Club

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Re: Obama: Budget Deficit Will be $2 Trillion Higher than Projected [Re: ScavengerType]
    #10947328 -

right, just kill your grandma. do it for Ted Kennedy!


--------------------
America's debt problem is a "sign of leadership failure"

We have "reckless fiscal policies"

America has a debt problem and a failure of leadership.

Americans deserve better

Barack Obama

Extras: Filter Print Post Top
Re: Obama: Budget Deficit Will be $2 Trillion Higher than Projected [Re: lonestar2004]
    #10950206 -

chappaquiddick

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