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#41
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US dollar keeps sinking endlessly--worth the same as the Canadian dollar now
"John Kulp" wrote in message ... On Mon, 24 Sep 2007 21:14:01 GMT, grant kinsley wrote: Indeed. There's a tendency to blame everything on that twerp! It's nonsense. Everyone was predicting surpluses as far as the eye could see when Bush took office, which he turned into endless deficits not so much with tax cuts but with refusing to restrain spending with vetoes and this stupid war. You can track both the exchange rates and oil prices directly to his administration. Go ahead and look if you don't believe me. They were? Clinton never had a surplus! The Nationl Debt went up every year under his watch also. We have a Congress that on both sides of the aisles spends like a drunken sailor! We need to vote out all the big spenders. Not elect anybody from the Congress who has helped overspend during their term. don't know the difference between defecit and debt do you. Yes I do and the national debt went down in his last year as well if you bother checking. That being said, I don't have any problem throwing them out myself. Did not. And if you toss in the Social Security money that was moved to the General Fund, the deficit is really big. |
#42
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US dollar keeps sinking endlessly--worth the same as the Canadian dollar now
On Mon, 24 Sep 2007 23:54:52 -0700, "Calif Bill"
wrote: I don't know what planet you live on, but "The federal budget surplus for fiscal year 1999 was $122.7 billion, and $69.2 billion for fiscal year 1998. Those back-to-back surpluses, the first since 1957, allowed the Treasury to pay down $138 billion in national debt.." He had a $230 billion surplus in fiscal 2000 and left office in 2001 with a $127 billion surplus. You need to do some research. Clinton proposed a balanced budget at a future time. And he was helped by an extreme stock market bubble fueled by low interest rates. The debt increased every year Clinton was in office. Not at the rate that Congress as assulted it for the the last 7 years, but still it increased. The only part of the debt that we can actually tack on to GWB is the spending bills that he did not veto. You need to take an American Civics class and learn the the only people who can pass a spending bill is the Congress. I did and I posted it above, which apparently you can't read. And I hardly need a civics lesson from you since I worked in the Senate for several years and would daresay I know a lot more about it than you. |
#43
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US dollar keeps sinking endlessly--worth the same as the Canadian dollar now
Make credence recognised that on Mon, 24 Sep 2007 22:12:22 GMT,
(John Kulp) has scripted: On Mon, 24 Sep 2007 21:43:28 +0200, Doesn't Frequently Mop wrote: Make credence recognised that on Mon, 24 Sep 2007 11:43:27 -0400, Viking has scripted: On Sat, 22 Sep 2007 12:30:42 +0200, Doesn't Frequently Mop wrote: I guess I was fortunate to work in the finance area a few years back, and learnt a lot about how currency values work. It really was enlightening just how the US economy maintains its growth. Such as? Sorry Viking, but I'm not interested in going into it, as it's a big area, and very complex. Much of it is shrouded in smoke and illusion too. -- Meaning, as usual, he doesn't have one clue what he's talking about. Have another burger. -- --- DFM - http://www.deepfriedmars.com --- -- |
#45
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US dollar keeps sinking endlessly--worth the same as the Canadian dollar now
Make credence recognised that on Mon, 24 Sep 2007 15:04:42 -0700,
Hatunen has scripted: On Tue, 25 Sep 2007 07:28:28 +1000, Alan S wrote: Personally I would require a psychiatric evaluation of every political candidate everywhere as a pre-requisite for nomination; but the law requiring that would need to be passed by politicians... Of course, it can be argued that anyone who makes politics their career must be insane anyway. Some might recall that when George Wallace was running for president an opponent pointed out that Wallace was on 10% government disability pay for mental problems he suffered during WW2. Wallace immediately countered the he was the only presidential candidate who had government certification that he was 90% sane. ) -- --- DFM - http://www.deepfriedmars.com --- -- |
#46
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US dollar keeps sinking endlessly--worth the same as the Canadian dollar now
Make credence recognised that on Mon, 24 Sep 2007 17:39:38 -0700,
"EvelynVogtGamble(Divamanque)" has scripted: Alan S wrote: Personally I would require a psychiatric evaluation of every political candidate everywhere as a pre-requisite for nomination; but the law requiring that would need to be passed by politicians... Good point! ;-) Better that they merely require a clean criminal record with no 'lost' records. -- --- DFM - http://www.deepfriedmars.com --- -- |
#47
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US dollar keeps sinking endlessly--worth the same as the Canadian dollar now
On Tue, 25 Sep 2007 19:57:10 +0200, Doesn't Frequently Mop
wrote: Make credence recognised that on Mon, 24 Sep 2007 22:19:31 GMT, (John Kulp) has scripted: Yes I do and the national debt went down in his last year as well if you bother checking. That being said, I don't have any problem throwing them out myself. I checked. http://zfacts.com/p/318.html http://www.brillig.com/debt_clock/ It didn't. ???? Neither link shows whether the national debt went up or down under Clinton. The first shows it going down as a % of GNP, and the second is just a list of links. -- Barbara Vaughan My email address is my first initial followed by my surname at libero dot it I answer travel questions only in the newsgroup |
#48
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US dollar keeps sinking endlessly--worth the same as the Canadiandollar now
Hatunen wrote: On Tue, 25 Sep 2007 07:28:28 +1000, Alan S wrote: Personally I would require a psychiatric evaluation of every political candidate everywhere as a pre-requisite for nomination; but the law requiring that would need to be passed by politicians... Of course, it can be argued that anyone who makes politics their career must be insane anyway. Some might recall that when George Wallace was running for president an opponent pointed out that Wallace was on 10% government disability pay for mental problems he suffered during WW2. Wallace immediately countered the he was the only presidential candidate who had government certification that he was 90% sane. LOL! I didn't agree with his politics, but at least he had a quick wit! (Unlike the present incumbent, who can't speak a complete sentence without injecting "ums" and "ahs", and is totally flummoxed when required to ad lib!) |
#49
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US dollar keeps sinking endlessly--worth the same as the Canadian dollar now
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#50
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US dollar keeps sinking endlessly--worth the same as the Canadian dollar now
On Tue, 25 Sep 2007 23:53:12 +0200, Doesn't Frequently Mop
wrote: Make credence recognised that on Tue, 25 Sep 2007 20:11:30 +0200, B has scripted: On Tue, 25 Sep 2007 19:57:10 +0200, Doesn't Frequently Mop wrote: Make credence recognised that on Mon, 24 Sep 2007 22:19:31 GMT, (John Kulp) has scripted: Yes I do and the national debt went down in his last year as well if you bother checking. That being said, I don't have any problem throwing them out myself. I checked. http://zfacts.com/p/318.html http://www.brillig.com/debt_clock/ It didn't. ???? Neither link shows whether the national debt went up or down under Clinton. Huh????+? The first link shows just that. No, it doesn't. It does not tell us the value of the national debt at the beginning and end of the Clinton administration, only its percent of GDP. For instance, it could be that the GDP rose by end of the Clinton years while the debt stayed more orless constant, or maybe rose a little, leaving it smaller compared to the debt. -- ************* DAVE HATUNEN ) ************* * Tucson Arizona, out where the cacti grow * * My typos & mispellings are intentional copyright traps * |
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