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Rep. Earl Pomeroy (D-ND) - Ethics - $5.6 Trillion Surplus

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Uploaded by on Mar 21, 2008

Coincidental deception does not occur. Patterns of deception do occur. This video completes the analysis on how all 3 North Dakota Democrats elected to national office have changed their position on the $5.6 trillion projected surplus from their "uncertain" position in 2001, which agreed with the 2001 CBO report making the projection, to their "certain" position in 2007/2008. The American Institute of Certified Public Accountants (AICPA) discloses that it is easier to deceive people with a projection than with historical numbers. This opportunity for deception is not lost on all 3 North Dakota Democrats as you will see how all 3 have changed their positions from the $5.6 trillion surplus being "uncertain" in 2001 to "certain" in 2007 or 2008, even though the facts of the 2001 CBO report, including the 11 pages of uncertainties, never changed. The subject of deception with a projection may seem trivial, but it has been illegal in the private sector since 1933 for using deceptive tactics for all projections covered by the Securities Act of 1933. http://www.reportcard2000.com

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  • This guy has a good point to make but someone

    forgot to ad in the George W Bush factor in that equation lol. Do the math USA, Democratic = surplus and better health. Republic = Large spending for no reason/recession.

  • @triptows If you want to understand the surpluses from the temporary economy that began in 1995 when Netscape went public and ended in March 2000 when the NASDAQ peaked and dropped, I suggest you look at a couple more of my videos, Let's not forget the in the 1990s the baby-boomers were in their peak income years versus them now retiring. Videos: Part 3 - Clinton Economy in 2000 peak and decline Part 2 1990s economy and budget surplus- Revenues

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  • Clinton didn't leave a surplus but a $1.4 trillion debt over eight years. He borrowed from Social Security, part of a $115 Trillion unfunded liability, to make it seem he left a surplus. See my about me for links.

    .

    Allen West 2012

  • $5.6 trillion is about what Bush did to our economy and to top it off with deaths war and stupidity and lose of about 10% jobs.. Earl finally made a choice for the people of the people.

  • we been in a recession most of the time bush has been in office. obama has been in for 1/8 of that time. Recession over! Hello! All you got to do is the math on your way of life. Was your way of life better on the 2rd year of a presidency or was it better under a different President/Ruler.

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