Tuesday, July 26, 2011

George W Bush Raised Debt Ceiling Seven Times

All but two presidents since 1939 have raised the national debt ceiling multiple times, according to Politifact.com. However, when President Clinton did it, George W Bush did not oppose it, at least publicly. (Why would a state governor do that anyway, right, unless he planned to run for president sometime in the future). However in Obama's case, he voted 'no' while in congress on raising the debt ceiling in 2006, while George W Bush was in office, in order to make a public, political point. Now we've come full circle and Obama needs the money. It appears Obama didn't properly planificate he might need to ask congress for a trillion or so dollars in the future.

Sunday, July 24, 2011

Will The US Default On $14.5 Trillion Debt?

The US Federal Budget Deficit is nearly $1.4 trillion and climbing. The US Debt Clock lays out the numbers. The debt ceiling aside for a moment, if your were President Obama or Speaker Boehner, what would you cut to balance the budget? How would George W Bush do it? How about the $212 billion in interest payments for starters? The United States' largest creditor is China. Is is wise to owe the Chinese government over $585 billion? Why should America have to borrow money from any foreign government?

Friday, July 22, 2011

Frank Caliendo on Letterman as Bush

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"We're in the planification of that plan."

George W Bush and The National Debt

According to Jeffrey H. Anderson, former professor of American government and political philosophy at the U.S. Air Force Academy, President Obama is outdoing president George W Bush in deficit spending. The $410 billion per year ran up by Bush dwarfs in comparison to Obama's 1.413 billion per year. What does the federal government need that extra $1 trillion per year for? What could you do with $1 trillion bucks?

George W Bush Economic Policies

"And the cornerstone of my economic policies, when I first got elected, was cutting taxes on everybody on who paid taxes." - George W Bush. Don't you wish every president believed that?

Thursday, July 21, 2011

George W Bush Limited Addition Signed Baseball Cards

President George W Bush and The Topps Company have agreed to issue 200 limited addition baseball cards with Bush's signature.  Read more about it here. - USA Today

George W Bush Wants Grandchildren

The best Bush can get from Jenna at the moment is a cat.