Bush bankrupts America

[dweller]

By Jerry Mazza
Online Journal Contributing Writer
Feb 19, 2006, 17:06
Under George W. Bush’s $2.77 trillion budget for fiscal 2007, federal spending would top revenue by $354 billion, following a
six-year string of staggering deficits -- 2005’s was $429 billion. And that’s just for openers. Step right up, it’s the greatest rip
on earth!

Bush’s 2007 budget also includes $120 billion more for the wars in Iraq and Afghanistan, total since 9-11 attacks about $440
billion. That’s apart from the defense budget upped 7 percent from last year to $439.3 billion. While spending on war like
crazy, tax cuts to the rich so far weigh in at $880 billion. Bush recommends making them permanent, his Rx for disaster.

The red ink will wash like blood across the total federal debt to almost $9.3 trillion. It's dragging interest charges will make it
even harder to deal with future fiscal problems. Consumer and corporate interest rates will be higher, making it harder to
expand business, more difficult to live.

Additionally, while planning cuts in Medicare and Social Security, the president snuck some $700 billion for privatization in his
budget (as of 2010) to be paid out over the first seven years, which revenues ironically would come from Social Security tax
revenues. This is the same privatization plan Congress dumped with a thud last time it was presented.

But like the good Duce he is, he won't go away fast, at least not until he breaks the economy and he gets busted himself for
his various illegalities: lying about Iraq Weapons of Mass Destruction; killing Iraq citizens and American soldiers; outing a CIA
operative whose husband, Joe Wilson, caught him lying about yellow-cake uranium from Niger; okaying NSA spying on US
Citizens; torturing Abu Ghraib prisoners against the Geneva Conventions; not to mention the ever-widening, well-documented
case that the administration participated in and engineered 9-11. Quite a rap sheet. And that’s just a paragraph.

http://onlinejournal.com/artman/publish/article_518.shtml

dp

[rodeodance]

1. the subject line would be a grand slogan

[ladjf]

2. I agree. It says so much is so few words. Go with it.

[acmejack]

3. What a bumper sticker!

Of course that means I would need a car. Which would mean I would need a Drivers License. Which would mean I would have to place my Neurologist under some form of extreme duress. Hmmm....

[Double T]

4. bushco aided and abetted by the rethugliCON congress.........

bankrupted America. So many co-conspirators to indict, so little time.