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BA Deere
Honored Advisor

First budget surplus in 42 months!!-Obama should brag.

http://www.zerohedge.com/news/us-posts-first-budget-surplus-42-months-and-it-less-meets-eye   I love the comments    ...."so the national debt won`t go up during April?  LoL"   "They should`ve waited until closer the the election".    Oh, this administration is pulling all kinds of tricks to make this year look better.  Just a very small example is with the farm program, no advance direct payments to farmers, 100% will come in October AFTER the next fiscal year starts.  Also, you`re crop insurance comes due in SEPTEMBER, as opposed to the normal October/November due date(after bean combinin`)  all to pull more receipts into this fiscal year.  I pity da fool that inherits the mess from Obama, 2013 is going to be a basterd.  Of course if Obama wins...."it`s all Bush`s fault!".

4 Replies
schnurrbart
Veteran Advisor

Re: First budget surplus in 42 months!!-Obama should brag.

It may be Obama's fault that he couldn't correct the mess in his first 3 years but, yes, it is still bush's fault we even have the mess and it always will be.

Canuck_2
Senior Contributor

Re: First budget surplus in 42 months!!-Obama should brag.

Want someone to blame?

I caught bits of this program yesterday afternoon so looked it up and listened to it last night.

It is an hour program so will take most of that to listen to it all but is well thought out and goes back in history to show how our economic troubles began.

Worth putting on in the background while you surf, gives you something more than Obama to think about, heck more than just Bush to blame too.

It is on CBC Ideas program and is called Left Behind.

Since it was originally broadcast in January all 3 parts are available.

I have only listened to Part 1 yet.

you can find links to all 3 parts here.

http://www.cbc.ca/ideas/episodes/2012/01/16/left-behind/

Enjoy!

BA Deere
Honored Advisor

Re: First budget surplus in 42 months!!-Obama should brag.

Hey Canuck, we are all to blame, we wanted to shop at Wallymart or in your case Candian Tire instead of the local department store and local hardware store.  Those `big box` stores shop the entire world for the cheapest `pink flamingos` and we shut down the "Ertl toy factories" ship those factories to another country...sure we get cheaper toys and the Ertl company makes record profits with that decision, however the USA ends up with a service-based economy with very few "living wage" jobs.  I`m currently listening to part 1 and yet have heard them mention "free trade" and doubt that they will mention it.  And if they don`t they are not getting to the root of the problem(I will listen to the rest later).  Democrats love to blame "Republican deregulation, low taxes, capital gains taxes..ect" but that is like blaming a cough and runny nose when the patient is suffering from pneumonia.  I agrued with liberals and conservatives when Clinton and Rush were touting NAFTA when they ran out of how wonderfull that "$5 shirts" are they would say "well, if Mexicans have factories, they won`t come here!", now mind you this was the mid-90`s...what has happened to illegal immigration since?  You know, I`m getting damned sick and tired of always being right  Smiley Wink

Nebrfarmr
Veteran Advisor

Re: First budget surplus in 42 months!!-Obama should brag.

I remember someon in a Presidential debate, talking about a 'giant sucking sound' of job movement out of this country.  He may well be proven right.