SHELDON IOWA: McCainisthrough inadvertently lampoons liberal Democrats

LOL @ a Dumocrat making fun of a state run by Dumocrats. The video we're responding to: http://www.youtube.com/watch?v=Ldft_D3z10Y

Here's the audtor's report:

While certain agencies and programs had their general fund spending cut, overall spending went up. $5.9 billion in FY 08, $6.1 billion in FY 09 and $6.3 billion in FY 10. (FY 09 and FY 10 include federal stimulus funds used for general fund purposes.) The budget has not been cut. The FY 07 budget (the last budget approved by House Republicans) spent $1.01 for every $1.00 of ongoing revenue. The FY 2010 budget spent $1.14 for every $1.00 of ongoing revenue. That is simply not sustainable and leaves a gigantic spending gap in FY 2011.

The Auditor believes the spending gap between revenue and expenditures in FY 2011 is $1.062 billion. If the remaining federal stimulus dollars are used to help fill the gap, it would mean the state would need 15 percent revenue growth in FY 2011 to make up the difference between revenue and spending. According to the Auditor, $248 million was shifted out of the Rebuild Iowa Infrastructure Fund (RIIF) for general fund purposes. If these funds were allowed to remain in the RIIF, the entire I-Jobs program could have been funded on a pay-as-you-go basis in less than 6 years. Borrowing $1.664 billion to receive $765 million in net bond proceeds means that for every $1 of construction in the next 2 years, it will cost the taxpayers $2.18 over the next 25 years.

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[QuartuvLarry]

I'm from Iowa. Tom Vilsack (The Ballsack) is even from my home town. Obama won over voters in Iowa.

Can't exactly say my state is a bastion of conservatism.

And yes, there's a prolific abundance of ethanol pumps there.

[UTubekookdetector]

You are correct. Ethanol would never survive without the subsidies and loan guarantees. I would prefer that the Dept. of Energy be shut down and the gov't get out of the energy subsidy business altogether.

[fargenacle]

And your a typical conservative running around the question but never giving a direct answer. And you never provided me with anything except a bunch of URL's that go nowhere. Professor Enigma? Come on. Your arguments have as much substance as you videos have pictures.

[UTubekookdetector]

It's in my "Democrats are responsible for high energy prices" on the left side of my channel.

You're stalling now Fart, it's obvious. You're the equivalent of a red-light district talking head.

[fargenacle]

It seems you only accept sources that prove your point no matter how wrong they are. For this reason you are a lost cause. And you never answered my last post. You never proved that Carter and Clinton cut oil production.

[UTubekookdetector]

The Energy Information Administration has the figures, I already provided you with an article going over these figures.

Fart, I don't think you know much about what you talk about. You're the typical liberal generalizing and blathering to anyone that will listen.

[UTubekookdetector]

I reference all my material Fart, I doubt you do.

Demand for energy will continue to rise, if we don't find more energy, prices will rise.

Therefore, when envirokooks block construction of new oil refineries, block drilling in ANWR, expand drilling in the Gulf, drilling for shale oil, or drilling the OCS, that will affect everyone.

I referenced all my material in my big oil article, you're welcome to try to dispute it.

I don't accept the premise of your "mainstream" argument.

[fargenacle]

If a refinery has to shut down for repairs how is that the presidents fault? Every business has to shut something down for repairs at one time or another.

I looked up your professor enigma. This guy is way too far to the right to believe anything he has to say. Do you have a more mainstream source I can check?

[UTubekookdetector]

Do you think oil refineries never go offline for proactive/reactive repairs? Do you think oil refineries never peter out?

[UTubekookdetector]

The 97-01 comments were allusions to your blathering about the shipping of jobs overseas on my channel page kid.

Clinton's best years had massive increases in imports, as well as trade en masse and an avg. of 45K jobs/month were outsourced from 97-01.

But the unemployment rate got under 4%. Perhaps you should consider that trade creates jobs and when jobs are shipped overseas, some jobs are created here.

SImple concept, too bad you haven't looked at the facts.