Budget Deficit Tops $1 Trillion for First Time

[MangoPuff]

I wonder if anyone that works at the money making place actually steals a buck or to...o_O

[Richardgwm]

Four of the last five Democratic presidents balanced the budget and ran surpluses.

Zero of the last five Republican presidents balanced the budget.

[tnguyen318]

The question about the currency is not just national but international. The Currency reflects resources. 

[fh1mahfanzai]

this is all started with bush, when cliton was in office our country had budget surplus. and once the bush administration came into office everything changed... damn why war... the fucking deficit is way more important then some fuckin oil..

[abarzilai664]

And this is only the begining, the deficit will grow ever more as the adminstration will continue onwards towards the utopia that it promised. Of course the Obamaniacs will keep claiming that this is temp, and it is good because it's "for America" but in the end the end all we'll have is a bunch of white elephants with little money to maintain them.

[AMINOGEN1]

if you think  Bush have nothing to do with it.you're one stupid MTF!!

[btchr17]

Obama has spent more in one half of a year then bush spent in 8 years. Bush has NOTHING to do with that

[jwh30385]

@btchr17 Are you serious..?

[bleupeony2]

Printing money out of thin air, Chinese students laugh!

[sugarpuddin88]

Currently, the world is forming ad-hoc currency baskets for trade in order to get away from the contamination, which is the US dollar, (google: Shanghai Organizational Coop); & setting up for a new World Order Currency

Meanwhile, the USA has Stockholm Syndrome, where the terrorized population through Obama actually supports their terrorist: This week Obama is actually giving more power to their captors, the Federal Reserve Bank, rather than prosecuting them

[sugarpuddin88]

Bernanke, Geithner, Rubens, Summers, Goldman Sachs, JP Morgan & the Federal Reserve Bank know exactly what they are doing by collapsing the US Dollar:

The purpose of this financial crisis is to take down the U.S. dollar as the stable datum of planetary finance and, in the midst of the resulting confusion, put in its place a Global Monetary Authority [GMA - run directly by international bankers freed of any government control] -a planetary financial control organization" - Bruce Wiseman

[therealcaptobvious]

Obama signed into law $7 trillion of spending. So we're just 1/7th of the way there.

Thanks minions!

[sharinganclan213]

what recession? we will be heading towards a depression, its only a few trillions away..

[DPKFOUR7]

Get rid of your paper dollars you KNOW their going to be worthless.

Food, weapons, ammo, gold > usless paper dollars

[sharinganclan213]

buy your guns before sotomayor takes them away.

[toneo2001]

This President acts as if he was not part of the government until he became President and blame spending on Bush. He voted on EVERY spending bill Bush proposed, what a hypocrite, if he was concerned about spending surely he would have voted different but NO, this President is Bush and every President before him on STEROIDS!!!!

[WEREFEAT]

By the way, what ever happened to the billion or trillion (I can't remember which) the DID flat out LOST a few years back.

I don't have it...so don't even think it.

[humaner]

What weird world we live in I just don't get it anymore.

[R1suke]

hmm, guess you can't spend your way out of debt

[Donahue250]

everyone points fingers for the recession..BULLSHIT.....are money is owned by a private bank....i dont know if you know who rockefeller is, but he owns pretty much the whole fucking world....with an estimated net worth of. 6.8 trillion dollars...he owns the federal reserve(our money)...he donated land to the un to have there headquarters...he basically owns every form of government and controls what happens..

[gbpackersfan42]

Yay, thank you all of you idiots who voted for this king idiot to lead our nation. I know, let's just blame George Bush for everything that goes wrong because he is still somehow responsible everything that goes wrong for the next 3 1/2 years. DOD DAMN YOU LIBERAL DOUCHES BAGS!! I can't believe how stupid you all are.

[FllipMania]

wow...you're the one that's stupid....Obama came into the white house with everything already messed up from the previous presidency.....

[StrwberryCoff]

So he adds billions and billions of dollars to this? The recession is directly related to our monetary policies of printing our way out of trouble. But it catches up to us. If this exact same policy failed in Zimbabwe why would it not fail here?

If anyone thinks that spending more money is going to prevent a depression, they are wrong. We are doing little more than creating new bubbles. Obama is continuing the goals of Clinton and Bush by printing more and spreading war.

[Juntahh]

print money and give it to the lower class people! low middle too

[StrwberryCoff]

That will just make poor people even poorer and destroy the middle class. The more paper money that we print the less it is worth. If we continue we are going to have to start printing high denomination bills and to try to keep up with runaway inflation.

[Juntahh]

how does giving the poorest people money make them poorer?

but they are giving money out to retards that went backrupt in the first place... makes alot of sense

[StrwberryCoff]

With a fiat currency the more money in circulation, the less it is worth. Prices sky rocket, in particular food prices. The government produces nothing and has no income, so they have to tax people. People are already over taxed, so to pay for everything congress orders money to be printed. This money is worthless as it has no real value. Unlike gold or silver, it is unlimited. So if we printed off $50K for every lower class family, we'd literally kill people by driving prices up.

[ladylordess]

JUntahh By just GIVING someone money, without their having earned it, or learning HOW to earn it, you only make them MORE dependent on you, the one who EARNS it. ALL Bailouts are BAD. IF they fail, let them go bankrupt. A new one will be around the corner to begin again. Free Markets!!! Less Government interaction. Constitutional law matters!!!

[sugarpuddin88]

Just face it: Americans love to bend over & take it like a little yatch!

Meanwhile, my Norwegian Kroners are going ballistic - Thank god I rolled all my IRAs, 401s & annuities into foreign currency IRAs

Now I'm making a killing!

The worse America does, the more money I make!

Go America Go!

[jwh30385]

@sugarpuddin88 I put most of my money into the Kroners as well. Best idea ever ;)

[gbpackersfan42]

Stop blaming everything on Bush already, jeez! How can you not see that what Obama is doing is going to hurt our economy worse than anything Bush could do? Obama said that with the stimulus bill unemployment wouldn't go over 8%. It's already over 9% and even Obama said that it will reach 10% by the end of the year. So ya, a lot of help constant spending is doing for us. And now Obama wants to control everything from GM to the healthcare system. Say hello to the Soviet States of America.

[LordSirpiko]

lol riiiight.

[CraftLulz]

We don't have this problem in my village, ALLAH always provides.

[oilhammer04]

If the first stimulus didn't work, then pile on more money . . . . typical Washington approach to problem solving. Our government is good at creating problems and then pretending that we need their help, i.e., by spending our tax dollars, to solve the problem. One big factor associated with the housing disaster is the Community Reinvestment Act that pressured Banks to make loans to uncredited worth customers. Now the politicians tell us the problem is deregulation. They want more control...

[FllipMania]

damn the bush administration....

[LordSirpiko]

wow your the only one that understands this.

everyone wants to blame Obama even though all his spent dollars are TRANSPARENT.

People seem to forgotten about Bush.. and are to busy watching 'octomom' and 'micheal jackson' bunch of stupidfied sheep this country turned to i tell ya.

[Docthewrench]

Nah OBAMA is a SAINT its all BUSHES fault  hell and his fathers fault and all republicans faults they have always done evil and wrong things.

[Docthewrench]

UMMM OBAMA is in charge lol BUSH means nothing anymore but I know BUSH is to blame for everything from the beginning till the end

[FllipMania]

wow you are stupid....the recession started because of the bush administration....Obama came in the presidency knowing that America is in major debt and bad economic times