Thursday, March 8, 2012
Today's Stand-Alone Newsbite: If Violence Isn't the Anwser...
The federal government recorded its worst monthly deficit in history in February, according to a preliminary report Wednesday from the Congressional Budget Office that said the deficit in fiscal year 2012 is already more than half a trillion dollars.
* THANK YOU REPUBLICAN HOUSE! THANK YOU JOHN BOEHNER, ERIC CANTOR, NAN HAYWORTH, AND YES... THANK YOU, PAUL RYAN!
(*SARCASTIC CLAP-CLAP-CLAP*)
The CBO’s figures show that despite repeated efforts to trim spending, the government has borrowed 42 cents of every dollar it spent during the first five months of this fiscal year.
* FOLKS. DON'T LET THESE BASTARDS FOOL YOU. NO MONEY CAN BE SPENT WITHOUT THE APPROVAL OF BOTH THE HOUSE AND SENATE. THE HOUSE ALLOWS THIS SITUATION TO CONTINUE. THE HOUSE IS (SUPPOSEDLY) RUN BY REPUBLICANS.
The nonpartisan agency projected the government will run a deficit of $229 billion in February, the highest monthly figure ever. The previous high was $223 billion a year ago, in February 2011.
* FOLKS... FEDERAL BUDGETS RUN FROM OCTOBER THRU SEPTEMBER. THAT MEANS THAT BASICALLY THREE MONTH'S OF SPENDING HAD GONE ON IN FY2011 THAT THE GOP HOUSE DID NOT BEAR ULTIMATE RESPONSIBILITY FOR. THAT SAID, THE REPUBLICANS TOOK CONTROL OF THE HOUSE IN JANUARY 2011 AND HAVE CONTROLLED IT EVER SINCE.
It is the 41st straight month the government has run a deficit — itself a record streak that dates back to the final months of President George W. Bush’s tenure. Before now, the longest streak on record was 11 months.
* RAISE YOUR HAND IF YOU BELIEVE VIOLENCE ISN'T THE ONLY ANSWER. OK., NOW EXPLAIN TO ME WHAT THE ANSWER IS.
For all of fiscal year 2012, which began Oct. 1, the budget analysts said the government has raised $869 billion in revenue but spent $1.5 trillion so far.
* THIS IS THE NEW NORMAL FOLKS. FORTY-ONE MONTHS IN A ROW! THIS IS WITH THE REPUBLICANS HAVING HAD CONTROL OF THE HOUSE FOR THE PAST 14 MONTHS!
Congress and President Obama sparred for most of last year on how to cut spending, but the CBO’s figures show that spending has actually remained flat in 2012 once the timing of certain payments has been adjusted.
* FLAT MY ASS! SPENDING WILL BE UP THIS YEAR!
Mr. Obama last month released a budget that showed the government averaging $1 trillion deficits for the rest of this decade.
House Republicans are working to write their own budget now.
Senate Democratic leader Sen. Harry Reid of Nevada has said he doubts his chamber will write a budget this year.
(*SNORT*)
* FOLKS... THE SENATE - THE DEMOCRATIC CONTROLLED SENATE SINCE JANUARY 2007 - HASN'T BOTHERED TO WRITE A BUDGET IN OVER 1,000 DAYS!
* AGAIN... SHORT OF VIOLENCE... SHORT OF ACTUALLY KILLING A FEW OF THE LEADING POLITICIANS RESPONSIBLE FOR THE ONGOING DESTRUCTION OF THE AMERICAN ECONOMY... HOW DOES THIS THING END?
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