Federal Government Will Borrow 40 Percent of the Money It Spends NextYear
 

According to the Obama administration’s mid-session budget update, the
federal government will have to borrow nearly 40 percent of its total
expenditures in 2010.

The report, “Mid-Session Review, Budget of the U.S. Government, Fiscal
Year 2010,” shows that 39.9 percent of all federal income will be
borrowed, making borrowing the single largest share of revenue in
2010. The next largest component of federal revenue is the personal
income tax, which accounts for only 27.3 percent of federal funds.

[...]

This level of borrowing is unprecedented even during recessions.
During the long recession of the 1970’s, federal borrowing never rose
above 20 percent of total expenditures despite nearly a decade of
sluggish economic growth, high inflation and an international oil
crisis.

Debt as a share of the budget reached 15 percent during the 1987
recession. Borrowing was generally high during much of the early
Reagan administration, reaching a peak of 25 percent in 1983.

However, Obama’s borrowing is 10 times greater than Reagan’s, which
was fueled largely by defense spending as America battled the Soviet
Union for dominance in the Cold War

[...]

Brian Riedel, budget analyst at the conservative Heritage Foundation,
said that the historic levels of borrowing proposed by Obama are not
likely to abate, due to what he said were anti-growth policies pursued
by the president.

“Two-thirds of the budget was eliminated after World War II ended,”
Riedel told CNSNews.com. “But that’s not going to happen now. The
White House thinks growth is going to rebound pretty quickly … which I
find unrealistic, given some of the anti-growth policies that are a
part of the president’s budget.

“Tax increases, cap-and-trade, health care, all of these are going to
harm the economy, and they’re going to reduce the growth rate long-
term,” he added.

“The lower economic growth is – the lower tax revenues come in, and
that means higher borrowing is needed to compensate,” said Riedel.

http://www.cnsnews.com/news/article/53246

Watch your paper U.S. dollar shrink before your very eyes, and - Poof!
- disappear! applause

(OT) : Go Green Recycle Congress ! - Say 'No' to Pelosi & Reid and Obama-Care©
 

On Sep 1, 2:54*am, "~ RHF" wrote:
On Aug 31, 5:07*pm, "~ RHF" wrote:


- - Obama-Tax-Slavery© !
- - Creating a Culture of Joblessness, Dependency
- - and Controlling Your Every Day Life
- - Plus Taxing Every Day You Live :
- - That's Obama-Tax-Slavery© !
- -http://groups.google.com/group/rec.radio.shortwave/msg/
fd2bc713ce1e20fa
- - *.

- Go Green Recycle Congress !
- http://www.zazzle.com/go_green_recyc...62533321830640
-
- Truth Be Told . . .
- http://www.zazzle.com/bo_008_bumper_...84717137477441
- *.

The US Congress under the Leadership of
Pelosi [D-CA] & Reid [D-NV] : S U C K S !

US Congressional Job Approval - RCP Average
MOST [2/3] DISAPPROVE = 62.0 %
Fewer Approve = 28.8 %
Negative Spread = -33.2 %
http://www.realclearpolitics.com/epo...roval-903.html

Go Green Recycle Congress !
Say no, No. NO ! to Nancy Pelosi's Obama-Care©
http://groups.google.com/group/rec.r...83ba6a546c14eb

Go Green Recycle Congress !
Say no, No. NO ! to Harry Reid's Obama-Care©
http://groups.google.com/group/rec.r...b864940a355429

Reality Check both Nancy Pelosi [D-CA]
and Harry Reid [D-NV] are Heading the
US Congress and taking the Nation in the
Wrong Direction with Obama-Care©

Direction of Country - RCP Average
ON THE WRONG TRACK = 58.4 %
Right Direction = 35.8 %
Negative Spread = -22.6 %
http://www.realclearpolitics.com/epo...untry-902.html
Looks like 6-out-of-10 American Voters 'think'
the USA is on the Wrong Track due to the
US Congress and it's Democrat Leadership
of Nancy Pelosi [D-CA House] and Harry
Reid [D-NV Senate]

While most Americans [US Citizens] still
have a 'nice thought' for Prez Obama :o)
President Obama Job Approval - RCP Average
Approve = 52.1 % {Still 'Like' BHO}
Disapprove = 43.4 %
Positive Spread = +8.7 %
http://www.realclearpolitics.com/epo...oval-1044.html

The Message is still the same
Go Green Recycle Congress ! ~ RHF
* Throw Da Bums Out ! ;-{

(OT) : Go Green Recycle Congress ! - Say 'No' to Pelosi & Reid...
 

Texas Governor Rick Perry sends Rangers to Mexican border.So says an
article at MSNBC.

Because DUMBASS B HO has Failed America.

SIC em RANGERS, SIC em! Brought SMOKE on their Wetback asses!
cuhulin

(OT) : Go Green Recycle Congress ! - Say 'No' to Pelosi & Reid...
 

Gomer's ''blind date'' woman. (The Andy Griffith Show) Wasen't she the
same woman who was in one of those 007 movies? Dr.No? The woman who had
the ''Trick'' dagger built into one of her shoes.
cuhulin

(OT) : Go Green Recycle Congress ! - Say 'No' to Tax-&-Spend Obama-Nomics©
 

On Sep 11, 3:26*am, "~ RHF" wrote:
On Sep 1, 2:54*am, "~ RHF" wrote: On Aug 31, 5:07*pm, "~ RHF" wrote:

- - Obama-Tax-Slavery© !
- - Creating a Culture of Joblessness, Dependency
- - and Controlling Your Every Day Life
- - Plus Taxing Every Day You Live :
- - That's Obama-Tax-Slavery© !
- -http://groups.google.com/group/rec.radio.shortwave/msg/
fd2bc713ce1e20fa
- - *.

- Go Green Recycle Congress !
-http://www.zazzle.com/go_green_recycle_congress_bumper_sticker-128862...
-
- Truth Be Told . . .
-http://www.zazzle.com/bo_008_bumper_sticker-128984717137477441
- *.

The US Congress under the Leadership of
Pelosi [D-CA] & Reid [D-NV] : S U C K S !

US Congressional Job Approval - RCP Average
MOST [2/3] DISAPPROVE = 62.0 %
Fewer Approve = 28.8 %
Negative Spread = -33.2 %http://www.realclearpolitics.com/epo...onal_job_appro...

Go Green Recycle Congress !
Say no, No. NO ! to Nancy Pelosi's Obama-Care©http://groups.google.com/group/rec.r...83ba6a546c14eb

Go Green Recycle Congress !
Say no, No. NO ! to Harry Reid's Obama-Care©http://groups.google.com/group/rec.r...b864940a355429

Reality Check both Nancy Pelosi [D-CA]
and Harry Reid [D-NV] are Heading the
US Congress and taking the Nation in the
Wrong Direction with Obama-Care©

Direction of Country - RCP Average
ON THE WRONG TRACK = 58.4 %
Right Direction = 35.8 %
Negative Spread = -22.6 %http://www.realclearpolitics.com/epo..._of_country-90...
Looks like 6-out-of-10 American Voters 'think'
the USA is on the Wrong Track due to the
US Congress and it's Democrat Leadership
of Nancy Pelosi [D-CA House] and Harry
Reid [D-NV Senate]

While most Americans [US Citizens] still
have a 'nice thought' for Prez Obama :o)
President Obama Job Approval - RCP Average
Approve = 52.1 % {Still 'Like' BHO}
Disapprove = 43.4 %
Positive Spread = +8.7 %http://www.realclearpolitics.com/epo..._obama_job_app...

- The Message is still the same
- Go Green Recycle Congress ! ~ RHF
- * Throw {Vote} Da Bums Out ! ;-{
- *.

Go Green Recycle Congress ! - Say 'No' to Obama-Nomics©
1 - Excessive Across-the-Board Big Government Spending
2 - Mega Taxes on the Incomes of Every Working American
3 - Higher Big Government Fees on Daily Family Living

Seven out of Ten Americans Lack Confidence in the
US Federal Government's Handling of the Economy
{Fear Obama-Nomics© : Excessive Spending and Mega Taxes}

http://news.yahoo.com/s/ap/20090914/...ltdown_ap_poll

* Even more 80 Percent Rate the Condition of the
US Economy as Poor and Blame Congress fearing
that the Economy will get even Worse with More
Federal Spending and Higher US Taxes.

* Half of those surveyed said Deficit Reduction {Less
Spending} should be the 1st National Priority over
increased spending on an Obama-Care© Big
Government Health System {Blame Congress}

(OT) : Go Green Recycle Congress ! - Say 'No' to Tax-&-SpendOb...
 

DUMMMMMMB ASS and his family visited the Grand Canyon.
Out of compassion, they started throwing money into the big hole.
cuhulin

(OT) : Go Green Recycle Congress ! - Say 'No' to Pelosi & Reid andAll Their Secret Big Money Lobbyist Friends
 

Go Green Recycle Congress ! - Say 'No' to Pelosi & Reid
and All Their Secret Big Money Lobbyist Friends

(OT) : Go Green Recycle Congress ! - Say 'No' to Pelosi & Reidand All Their Secret Big Money Lobbyist Friends
 

~ RHF wrote:

.
The King of Lobbyist Cash Political Slush-Funds
Harry {Scary} Reid [D-NV]
.

Harry Reid "scary"?

Ha ha ha ha.

(OT) : Go Green Recycle Congress ! - Say 'No' to Pelosi & Reid...
 

I still haven't fixed that other water leak in my 1978 Dodge van yet.I
think I will have to remove the front timing chain case cover, it is
probally corroded on the edge where it fits against the engine block.I
will need to find a good timing chain case cover at a junk yard.Part of
the timing chain case cover is also part of the engine water cooling
gallery.

Yesterday, I saw on tv that the communist *******s who run the city of
Jackson are still going around and hauling off junk vehicles and taking
them to the communist impound yard.Every couple of days, I crank up that
van and let it run a couple of minutes.I need to get a new safety
sticker on that van.Pete Robertson's auto repair shop is about two miles
from doggy's couch, that is where I get my safety stickers.

My old buddy is coming over here tomorrow.I will hook up a tow line to
my 1983 Dodge van and we will tow my 1978 Dodge van to about one block
of the auto repair shop.As soon as I get my new safety sticker on my
1978 Dodge van, we will tow it back to my house.

Good thinking, eh?
cuhulin

(OT) : Go Green Recycle NewsWeek ! - Say 'No' to Promoting "TheRace Card"
 

NewsWeek -asks- Is Your {White-Faced} Baby A Racist ?

Does News Week present a Fair and Balanced
Image of Racism in American when NewsWeek
Only Put's a White Face on Racism ?

Why Didn't NewsWeek use a Collage of Baby
Faces of All Colors including Boys and Girls
on the Cover to present a Non-Bias View of
Racism in America ?

NO NewsWeek Stepped Out and "Choose"
Only a White Baby's Face to Represent the
Face of Racism in America : Implying That
All White Babies are Naturally Racist and
Implying That All Whites are Inherently Racist.

Forget About All the Good and Bad Things
that NewsWeek in the Article had to say
about Racism in America : A Picture {Image}
is Worth a Thousand Words and a Major
National Magazine Cover is Worth a Million
Words; and NewsWeek's First Million Words
were condensed down to :
Is Your Baby {White-Faced} A Racist ?

The 14 September 2009 Issue of NewsWeek
Magazine Front Cover : "Is Your Baby Racist ?"
http://news.yahoo.com/nphotos/Septem..._crying_racism

sad, Sad. SAD ! Journalism NewsWeek !
* Go Green Recycle NewsWeek !
Say 'No' to Promoting "Racist Stereotyping"

bad, Bad. BAD ! Journalism NewsWeek !
* Go Green Recycle NewsWeek !
Say 'No' to Promoting "Race Hate"

racist, Racist. RACIST ! Journalism NewsWeek !
* Go Green Recycle NewsWeek !
Say 'No' to Promoting a "Race War"