Federal spending soars 25% before bailout

Lawsuit filed against US Treasury Secy and Federal Reserve Board to prevent $150 billions being used to bailout Shariah financing outfit, AIG: http://gatesofvienna.blogspot.com/2008/12/suing-shariah-finance-folks-at-aig.html

U.S. Constitution Section 7 - Revenue Bills, Legislative Process, Presidential Veto All bills for raising Revenue shall originate in the House of Representatives; but the Senate may propose or concur with Amendments as on other Bills. Section 8 - Powers of Congress The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform throughout the United States; To borrow money on the credit of the United States;

BOURBON ST. BLEUS - PT.II If you think Hurricane Katrina was (and is after 3 years of Government planning) a mess just wait until the US Government finishes with its “long-term planning” of the whole country. The Government CAN AFFORD long-term planning"??? With money, it can't even DO short-term planning! And, Climate Clingers, if cars are causing the Katrinas of today, did the CO2 emissions from Columbus' galleons cause them 400 years ago? Please give some concrete evidence as to how a falling dollar in Tokyo will cause the cement streets to buckle in Los Angeles. The whole argument is, to use Clinton-speak, the “biggest fairytale” that we have ever seen and the reason that environmentalists start a brawl over whether wind farms might endanger migrating ducks . C'mon down, Mr. Neal and any other Government-planners! You can dons your best freak flags and realize just how utterly incapable Government is of ANY planning, much less "long-term" planning! In fact, we’ll buy you all of the Pat O'Brien Hurricanes that you want, if you will caution the whole country about the insanity of believing that Washington knows more about making cars than mixing a Bloody Mary.

BOURBON ST. BLEUS - PT.I Mr. Dan Neil, the automotive writer of the bankrupt Los Angeles Times, argues that the "government can afford long-term planning"??? Excuse me, the government can't "afford" anything, but to grant themselves the right to more of money from most and give it to “favorite group of the day”. Most Americans did not want to bailout Wall St. They overwhelmingly deplore the Big 3 Bailout. Mastoff’s defrauded billionaires want the bailout dollars that the pensioners of Lehman Bros. were denied, which will send the nearly-bankrupt average Americans screaming for their gun cabinet. If the public’s reaction is bad now, just wait until the governors, mayors, country club managers and social club schedulers show up in Washington with their hands out! America, when you can walk down BOURBON ST., of ALL places, and hear: socialites in luncheon hats AND strippers; gay waiters AND construction workers; missionaries AND hookers; professed Liberal media stars darlings AND Conservative writers; fake nuns AND real priests literally SCREAMING in unison over bailouts, you KNOW this whole thing stinks! Absolutely, NOTHING can unite Atheists and Bible-clingers standing on any Bourbon St. street corners like BAILOUTS, especially when you start directing their money at someone else. Mardi Gras will look like a normal Tuesday morning when all of the bailors and the last standing bailout-seeking groups realize that there is just no more money for them or anyone else and new, crisp dollar bills will not get buy them fake gold doubloons.

When the dollar goes, we all go down.

grf67: And the Democrat led Congress let them do it.

Bush/Cheney have known about Wall St indiscretions for a very long time but did nothing about it nor allowed anyone else in authority to do something until it was too late. Now they act if this is all a surprise to them. Talk about unpatriotic!

This is depressing. When will our people and their leaders wake up and realize that this financial mismanagement borders on criminal. By both going to war, a very expensive commitment, and maintaining the tax cuts, Bush and Cheney have headed America toward the cliff. Now, we've got a liberal Congress and Obama. This will be change we can believe in --- they're going to press full down on the accelerator and speed even faster towards this cliff when all of their big spending and government expansion plans are enacted. Our nation and its leaders have completely lost touch with financial reality.

Roosevelt took our property and used it for collateral to raise the U.S. from bankruptcy in the 30’s. We never got it back. There is no more property to use. There is no more collateral. We are in deeper trouble than I thought. What this means is we are 100 billion dollars away from bankruptcy. If the dollar fails, we all lose. I urge you to contact your Congressmen and Senators, I know I will mine. When Obama takes office, his will announce yet another tremendous spending initiative. Unless he is planning on picking it off trees, he better know where this money will come from.

Nothing like sticking it to the generations to come. Bush will go down in history as the most ineffective president ever elected. Thanks to all the die hard Republicans who put him in office and made the more stupid decision to reelect him for another term. The legacy will reflect on them as well.

soxconn wrote: grf67: And the Democrat led Congress let them do it. **************************************** soxconn is implying that the Congress was in controll of the Democrats and were to blame. Fact: Reagan: 1981 - 1987 Republicans controlled the Senate. Fact: Bush: 2000 - 2006 Republicans controlled both houses of Congress. That dog will not hunt. It is funny how conservatives try to apportion blame. It seems it is always the other guy who did it.

When we elect avowed haters of government to office. Should we expect them to govern?

TypinPS, The reflection can't be any worse then the twin screw ups, Al "global warming" Gore, and John"I did not throw those medals away" Kerry. You ran a couple lite weights against another lite weight. Maybe find someone one of substance next time. If you think the R's are happy w/ bush, why did so many of them vote for BO?

Natl Debt: 954 billion before Reagan/Bush Natl Debt: 5.7 trillion after Reagan/Bush 12 years. Natl Debt: 5.7 trillion before Bush/Cheney Natl Debt: 10+ trillion after Bush/Cheney 8 years. Google national debt by presidents.

truthspeaker1: Good show, all brought to you with the permission of the United States Congress without whom all debt could not be approved. It ain't a one man show.