RE: And they say Biden is the plagiarizer in this administration (Full Version)

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RacerJim -> RE: And they say Biden is the plagiarizer in this administration (9/5/2012 10:25:58 AM)


quote:

ORIGINAL: Musicmystery

quote:

What about the Vietnam war along with the 42 or so years of spending money we don't have prior to that ? Flushing money down the toilet and deficit spending is nothing new.


True. And then Clinton fixed it, one the path to surpluses.

And then Bush and the Republican Congress pissed on it, slashing taxes and starting two unfunded wars.



False. And then Clinton agreed with the Republican Congress to fix it, and created the path to a 10-year projected surplus.
But then the "dot com"/"here today, gone tomorrow" bubble burst and pissed on that 10-year projected surplus before Bush took office.
And then the worst attack on U.S. soil since Pearl Harbor, 9-11, created the worst economic disaster since the stock market crash of 1929.
And then Bush and the Republican Congress went after those who murdered 3,000 innocent people and caused the worst economic diaster since the stock market crash of 1929, and brought the man to justice whom his predecessor et al Democrats had repeatedly opined posed such an imminent threat to both the Middle East and America as well that use of military force to remove him would be justified.
And then Democrats took over Congress, and pissed on everything.
And then Obama and the Democratic Congress flushed everything down the toilet.



lovmuffin -> RE: And they say Biden is the plagiarizer in this administration (9/5/2012 10:42:57 AM)


quote:

ORIGINAL: Musicmystery

quote:

What about the Vietnam war along with the 42 or so years of spending money we don't have prior to that ? Flushing money down the toilet and deficit spending is nothing new.


True. And then Clinton fixed it, one the path to surpluses.

And then Bush and the Republican Congress pissed on it, slashing taxes and starting two unfunded wars.





Clinton didn't fix anything. They borrowed from SS. Eliminating one debt and shifting it to another doesn't mean we had a surplus. It' just means we had a surplus on paper.



tazzygirl -> RE: And they say Biden is the plagiarizer in this administration (9/5/2012 10:43:40 AM)


quote:

ORIGINAL: lovmuffin


quote:

ORIGINAL: Musicmystery

quote:

What about the Vietnam war along with the 42 or so years of spending money we don't have prior to that ? Flushing money down the toilet and deficit spending is nothing new.


True. And then Clinton fixed it, one the path to surpluses.

And then Bush and the Republican Congress pissed on it, slashing taxes and starting two unfunded wars.





Clinton didn't fix anything. They borrowed from SS. Eliminating one debt and shifting it to another doesn't mean we had a surplus. It' just means we had a surplus on paper.


They followed the law. Or did that escape your notice?



mnottertail -> RE: And they say Biden is the plagiarizer in this administration (9/5/2012 10:46:11 AM)

Yes, the Social Security borrowing started early Reagan and has never ceased to this day.



Hillwilliam -> RE: And they say Biden is the plagiarizer in this administration (9/5/2012 10:50:34 AM)


quote:

ORIGINAL: RacerJim


And then the worst attack on U.S. soil since Pearl Harbor, 9-11, created the worst economic disaster since the stock market crash of 1929.
And then Bush and the Republican Congress went after those who murdered 3,000 innocent people and caused the worst economic diaster since the stock market crash of 1929, and brought the man to justice whom his predecessor.....

Wow, I didn't know that Dush got Bin Ladn.[8|] I thought Bush was the one who ordered the taskforce looking for him be disbanded.



tazzygirl -> RE: And they say Biden is the plagiarizer in this administration (9/5/2012 10:53:30 AM)

He did. Jim likes to rewrite history to suit his own agenda



Hillwilliam -> RE: And they say Biden is the plagiarizer in this administration (9/5/2012 10:55:18 AM)


quote:

ORIGINAL: tazzygirl

He did. Jim likes to rewrite history to suit his own agenda

Tis amazing how many people over on that fringe believe in the immortal words of Goebbels and Lenin.

Tell a lie enough times with conviction and it becomes truth.

(the above is paraphrased as each of them had their own version.)



lovmuffin -> RE: And they say Biden is the plagiarizer in this administration (9/5/2012 11:02:00 AM)


quote:

ORIGINAL: tazzygirl


quote:

ORIGINAL: lovmuffin


quote:

ORIGINAL: Musicmystery

quote:

What about the Vietnam war along with the 42 or so years of spending money we don't have prior to that ? Flushing money down the toilet and deficit spending is nothing new.


True. And then Clinton fixed it, one the path to surpluses.

And then Bush and the Republican Congress pissed on it, slashing taxes and starting two unfunded wars.





Clinton didn't fix anything. They borrowed from SS. Eliminating one debt and shifting it to another doesn't mean we had a surplus. It' just means we had a surplus on paper.


They followed the law. Or did that escape your notice?



Where did I state it was illegal ? My point is borrowing was not such a cool idea and the Clinton surplus was smoke and mirrors.



tazzygirl -> RE: And they say Biden is the plagiarizer in this administration (9/5/2012 11:10:44 AM)

You do realize SS is off those books, yes?



lovmuffin -> RE: And they say Biden is the plagiarizer in this administration (9/5/2012 11:38:09 AM)

I'm not sure what you mean.



tazzygirl -> RE: And they say Biden is the plagiarizer in this administration (9/5/2012 11:39:07 AM)

http://en.wikipedia.org/wiki/Unified_budget



Musicmystery -> RE: And they say Biden is the plagiarizer in this administration (9/5/2012 3:27:01 PM)


quote:

ORIGINAL: RacerJim


quote:

ORIGINAL: Musicmystery

quote:

What about the Vietnam war along with the 42 or so years of spending money we don't have prior to that ? Flushing money down the toilet and deficit spending is nothing new.


True. And then Clinton fixed it, one the path to surpluses.

And then Bush and the Republican Congress pissed on it, slashing taxes and starting two unfunded wars.



False. And then Clinton agreed with the Republican Congress to fix it, and created the path to a 10-year projected surplus.
But then the "dot com"/"here today, gone tomorrow" bubble burst and pissed on that 10-year projected surplus before Bush took office.
And then the worst attack on U.S. soil since Pearl Harbor, 9-11, created the worst economic disaster since the stock market crash of 1929.
And then Bush and the Republican Congress went after those who murdered 3,000 innocent people and caused the worst economic diaster since the stock market crash of 1929, and brought the man to justice whom his predecessor et al Democrats had repeatedly opined posed such an imminent threat to both the Middle East and America as well that use of military force to remove him would be justified.


.........slashing taxes and going to war without funding it, then adding another unfunded war in Iraq just because.



Musicmystery -> RE: And they say Biden is the plagiarizer in this administration (9/5/2012 3:28:32 PM)


quote:

ORIGINAL: lovmuffin


quote:

ORIGINAL: Musicmystery

quote:

What about the Vietnam war along with the 42 or so years of spending money we don't have prior to that ? Flushing money down the toilet and deficit spending is nothing new.


True. And then Clinton fixed it, one the path to surpluses.

And then Bush and the Republican Congress pissed on it, slashing taxes and starting two unfunded wars.





Clinton didn't fix anything. They borrowed from SS. Eliminating one debt and shifting it to another doesn't mean we had a surplus. It' just means we had a surplus on paper.

And slashing taxes and starting two unfunded wars means we can't even say that anymore.



lovmuffin -> RE: And they say Biden is the plagiarizer in this administration (9/5/2012 4:42:04 PM)


quote:

ORIGINAL: tazzygirl

You do realize SS is off those books, yes?




He paid down the public debt by borrowing money in the form of intragovernmental holdings (mostly Social Security). He called it a surplus but that's just not quite accurate.


http://www.craigsteiner.us/articles/16



tazzygirl -> RE: And they say Biden is the plagiarizer in this administration (9/5/2012 4:57:15 PM)


quote:

ORIGINAL: lovmuffin


quote:

ORIGINAL: tazzygirl

You do realize SS is off those books, yes?




He paid down the public debt by borrowing money in the form of intragovernmental holdings (mostly Social Security). He called it a surplus but that's just not quite accurate.


http://www.craigsteiner.us/articles/16



Im not having this debate again.

http://www.collarchat.com/m_3989652/mpage_3/tm.htm

But, I will post this...

It didnt. The Budget is based upon income minus outgoing. Simple math. That 17.9 billion came into play in the Treasury itself... after the budget is balanced. The law clearly states any surplus is to be reinvested back into Treasury holdings.

Section 3111 of title 31, United States Code, authorizes the Secretary of the Treasury to use money received
from the sale of an obligation and other money in the general fund of the Treasury to buy, redeem, or refund, at or
before maturity, outstanding bonds, notes, certificates of indebtedness, Treasury bills, or savings certificates of the
U.S. Government. During fiscal 2000, the Secretary of the Treasury authorized the redemption of $21.3 billion of
outstanding unmatured marketable Treasury securities at a premium of $5.5 billion. These early redemption
transactions are known as Treasury “buybacks.” The net change of the Federal debt securities held by the public
during fiscal 2000 includes $21.2 billion related to these buybacks.

and

Now that the Federal Government has achieved budget surpluses coupled with projections of continuing surpluses, focus has started to shift to the impact of the surpluses on the Federal debt. While we have had 3 consecutive years of budget surpluses, it is important to understand the composition of budget surpluses, and the relationship that these excess funds have had on reducing or changing the composition of the Federal debt. There are two components of Federal debt: debt held by the public and intragovernmental holdings.

That 17.9 Billion is from... wait for it... Treasury Securities. This is an after budget expense.

http://www.collarchat.com/fb.asp?m=3990523

But, hey, if you want to hash this all out again, Im more than game.

Start a new thread.



lovmuffin -> RE: And they say Biden is the plagiarizer in this administration (9/5/2012 5:27:10 PM)

I don't even want to hash it out but I don't believe for one second the Clinton created a surplus.



tazzygirl -> RE: And they say Biden is the plagiarizer in this administration (9/5/2012 5:42:12 PM)

Yet he did... per the Treasury.

Argue all you want.



Politesub53 -> RE: And they say Biden is the plagiarizer in this administration (9/6/2012 3:41:26 AM)


quote:

ORIGINAL: lovmuffin

I don't even want to hash it out but I don't believe for one second the Clinton created a surplus.


If you are right maybe you can fact check.......[8D]



MrRodgers -> RE: And they say Biden is the plagiarizer in this administration (9/6/2012 4:05:38 AM)


quote:

ORIGINAL: RacerJim


quote:

ORIGINAL: Musicmystery

quote:

What about the Vietnam war along with the 42 or so years of spending money we don't have prior to that ? Flushing money down the toilet and deficit spending is nothing new.


True. And then Clinton fixed it, one the path to surpluses.

And then Bush and the Republican Congress pissed on it, slashing taxes and starting two unfunded wars.



False. And then Clinton agreed with the Republican Congress to fix it, and created the path to a 10-year projected surplus.
But then the "dot com"/"here today, gone tomorrow" bubble burst and pissed on that 10-year projected surplus before Bush took office.
And then the worst attack on U.S. soil since Pearl Harbor, 9-11, created the worst economic disaster since the stock market crash of 1929.
And then Bush and the Republican Congress went after those who murdered 3,000 innocent people and caused the worst economic diaster since the stock market crash of 1929, and brought the man to justice whom his predecessor et al Democrats had repeatedly opined posed such an imminent threat to both the Middle East and America as well that use of military force to remove him would be justified.
And then Democrats took over Congress, and pissed on everything.
And then Obama and the Democratic Congress flushed everything down the toilet.

This here is an almost complete bastardization and revision of history and demonstrates the length to which so many will go to always paint the dems and libs as the center of our problems.

Not only is this not even close or even a nice try but it is so wrong...it becomes a deliberate falsification of the last 12 years to deflect blame from your choices of leaders.



MrRodgers -> RE: And they say Biden is the plagiarizer in this administration (9/6/2012 4:10:48 AM)

quote:

ORIGINAL: lovmuffin

I don't even want to hash it out but I don't believe for one second the Clinton created a surplus.

You can believe anything you want. That doesn't change the facts one of which is that Clinton in fact did create a surplus for 3 years and used it to pay down republican debt.

When one has to stoop so far to deny history, then from that point on, your insecurity is removing all reason. Try hashing it out...do you good. Look it up and from any source.




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