The Mudcat Café TM
Thread #115883   Message #2600542
Posted By: Sawzaw
30-Mar-09 - 01:16 PM
Thread Name: BS: Popular Views: the Obama Administration
Subject: RE: Popular Views: the Obama Administration
Amos: You know nothing but you disparage me, claiming I know nothing.

Even your ignorance is superior to the supposed ignorance of others.

I am merely agreeing with you and explaining why you are not alarmed.

Typical of your logic or lack thereof.

National Debt as per the US Treasury:

09/29/2000......$5,674,178,209,886.86
09/29/2008......$9,945,578,231,981.59
03/26/2009.....$11,046,247,657,049.48

Up $1.1 trillion in 6 months

Now we have an idiot (or tax cheat) that can't figure out how to file income taxes correctly, is in charge of the IRS.

The same person that was in on the decision to bail out AIG and preserve their bonus payments is trying to figure out how to damage control for that disaster.


In Crucible of Crisis, Paulson, Bernanke & Geithner Forge a Committee of Three

By David Cho and Neil Irwin
Washington Post Staff Writers
Friday, September 19, 2008; Page A01

Global stocks have experienced wild fluctuations this week in the wake of the U.S. government's seizure of insurance giant American International Group, the failure of Lehman Brothers, the disappearance of Merrill Lynch as an independent company and reports the U.S. government will set up a government entity to take on bad debts from financial institutions.