Fed Deficit Exceeds $1 Trillion for Fourth Year
The U.S. Treasury Department on Friday announced the federal budget deficit will exceeded $1 trillion for the fourth year in a row.
The deficit for the 2012 budget year totaled $1.1 trillion, which is about $207 billion less than it was last year (if it’s any consolation).
“The deficit equaled about 7 percent of U.S. economic output, down from 8.7 percent in 2011, 9 percent in 2010 and 10.1 percent in 2009, but it was still greater than in any other year since 1947,” Reuters reports, citing the Congressional Budget Office.
(So much for the consolation.)
“The government ran a surplus of $75 billion in September, Treasury said in its monthly budget statement, the second monthly surplus of the fiscal year and the biggest surplus since April 2008,” MarketWatch reports.
Government spending fell two percent to $3.5 trillion. Aided by a 16 percent increase in corporate taxes, tax revenue rose 6.4 percent from last year to more than $2.4 trillion, according to Treasury.
Interestingly enough, the 2012 shortfall is actually lower than the Obama administration had originally anticipated.
Included in the Treasury’s announcement was a call from Treasury Secretary Timothy Geithner for Congress to support for the president’s plans to reduce the deficit:
The President has put forward a balanced proposal to further strengthen the economy and reduce the country’s future deficits. It is time for Congress to act on these necessary steps that will help create sustainable economic growth for years to come.
And from OMB Deputy Director for Management Zients:
The path forward on deficit reduction is clear. Congress needs to work with the Administration to enact balanced deficit reduction that includes further spending cuts and additional revenue from asking the wealthiest to contribute their fair share. This deficit reduction can and must be achieved without sacrificing investments in education, infrastructure, and research and development that are so critical to creating jobs and securing our Nation’s long-term economic growth and competitiveness.
Follow Becket Adams (@BecketAdams) on Twitter
The Associated Press contributed to this report.
In CONTROL, Glenn Beck presents a passionate, fact-based case for guns that reveals why gun control isn’t really about controlling guns at all; it’s about controlling us. Find out more HERE.
Comments (80)
Sign In To Post Comments! Sign In
Popular Stories
Obama Doesn’t Return Marine’s Salute, Shakes Hand Instead — Is This a Protocol Misstep? 453 Comments
Game-Changing Bombshell? There’s a Major Twist in the Story About a High School Student’s Lesbian Relationship With a Minor 400 Comments
Is the Boy Scouts’ Gay Amendment the ‘Beginning of the End’ for the Group? (Plus: Tell Us Where You Stand) 362 Comments
Church vs. State Complaint Leads City to Remove Christian Crosses on Water Tower — Now See What They’ve Been Replaced With 320 Comments
This Could Be the Most Haunting Statistic You’ll Ever See 275 Comments
Faith
-
Priest Gunned Down by Italian Mobsters Now Beatified
Read More
-
Game-Changing Bombshell? There’s a Major Twist in the Story About a High School Student’s Lesbian Relationship With a Minor
400 Comments
- Is the Boy Scouts’ Gay Amendment the ‘Beginning of the End’ for the Group? (Plus: Tell Us Where You Stand) 362 Comments
-
MSNBC Hosts Martin Bashir and Chris Hayes Claim London Machete Killers Aren’t Terrorists: ‘These Are Just Murderers’
169 Comments
-
Did You Catch the Possibly Policy-Changing Ft. Hood Reference in Obama’s Terror Speech?
102 Comments
Business
-
Have You Had Scotch at a NJ TGI Friday’s Lately? You Might Have Been Drinking Rubbing Alcohol
Read More
-
Venezuelan President Blames Toilet Paper Shortage on the Rich
105 Comments
-
This Terrible Chart Shows the Change in Food Stamp Participation Over the Last 10 Years
Read More
- Disney Makes Absolutely Mortifying Photoshop Mistake Read More
-
Trey Gowdy at It Again — This Time with a Jack Bauer Reference!
121 Comments
Technology
-
‘My Life Is Full of Blessings’: Flesh-Eating Bacteria Victim Who Lost All Limbs Smiles as She Shows Off New Bionic Hands
Read More
-
LOOK: Woman Claims to Have Photographed UFO in California
134 Comments
-
Lion Named ‘Bonedigger’ and Small Dog Make Most Unlikely Companions
Read More
-
Rocket Bike Sets Land Speed Record — and Uses a Fuel You Wouldn’t Expect
Read More
-
How 3D Printing Technology Created a Special Part for Baby’s Windpipe and Saved His Life
Read More
Submitting your tip... please wait!
SirhanSirhan
Posted on October 14, 2012 at 10:19pmRomney said Obama doubled the deficit during his presidential debate with Obama:
During the first presidential debate in Denver, Mitt Romney took President Barack Obama to task for his record on the deficit.
“The president said he’d cut the deficit in half,” Romney said. “Unfortunately, he doubled it.”
We already ruled the first half of this statement True, noting that Obama said on Feb. 23, 2009, “Today I am pledging to cut the deficit we inherited in half by the end of my first term in office.”
But what about Romney’s second claim, that Obama “doubled” the deficit he inherited?
Romney is way off.
The above is from an article from Politifact. It seems to me Romney will say anything to get elected.
http://www.politifact.com/truth-o-meter/statements/2012/oct/05/mitt-romney/mitt-romney-says-barack-obama-has-doubled-deficit/
Report this comment
Libfreezone
Posted on October 14, 2012 at 5:05pmDo you hear that giant sucking sound? That’s America going to the tubes because elected geniouses think spending money we don’t have is great for their career in which nobody holds them accountable!
Report this comment
Shakespear
Posted on October 13, 2012 at 3:04pmLet’s be honest now. The American people are not very good at choosing a president. Problem number one, it’s either or, dumb or dumber. The Republicans have only had one “good” candidate Reagan. The Democrats, Zero. Case closed.
Report this comment
Arshloch
Posted on October 13, 2012 at 1:43pmThink that is bad? If obuma is re-elected wait until Mee-shell takes the entire south side of Chi-ca-go to vacation on the riveria at tax payer expense. Of course weekly golfing forays, to St. Andrews for ‘lil berry’, will add a bit more as well. Oh well, it’s only money, OURS.
Report this comment
Individualism
Posted on October 13, 2012 at 11:28amMitt Romney on the deficit, i will not touch medicare, medicaid and social security, i will increase military spending by 20 – 25% and decrease taxes by 20 percent all across the board. that is a plan to increase the deficit and of course Obama isn’t much better either. John Stewart normally sucks but he put the puzzle together well on this one.
Report this comment
ArmedAndReallyPissed
Posted on October 13, 2012 at 4:28pmAt least Romney won’t invite Radical Muslims that are on KNOWN TERRORIST WATCH LISTS into OUR White House.
Report this comment
GilbertAcct
Posted on October 13, 2012 at 11:00amRomney and Ryan will keep us on these trillion plus deficits. The Ryan budget does not balance until 2040 (and that is calculated using the same rosy scenarios for growth and interest rates that Obama uses for his budget). Romney will be 95 in 2040… Ryan will be in his 70s. Ryan’s budget is meaningless. It cuts nothing. It continues to grow government.
Having said that, yes, Obama and Biden are worse. Vote for Romney, but don’t expect big change.
Report this comment
ArmedAndReallyPissed
Posted on October 13, 2012 at 4:29pmSee above reply. It goes for you as well.
Report this comment
GilbertAcct
Posted on October 13, 2012 at 6:29pmYou mean like Bush did?
Report this comment
Jenasus
Posted on October 13, 2012 at 4:32amThe Communists that our government is stole the money from us and we the people need to get it back from the corrupted banks that control our government.
The FED needs to be audited and shut down.
Report this comment
tdr2006
Posted on October 13, 2012 at 12:42amhttp://www.youtube.com/watch?v=CZ-4gnNz0vc&feature=player_detailpage#t=5s
Report this comment
tdr2006
Posted on October 13, 2012 at 12:41amhttp://www.youtube.com/watch?v=vpP8MsN-CIA&feature=player_detailpage#t=5s
Report this comment
jonarata
Posted on October 12, 2012 at 10:34pm“The President has put forward a balanced proposal to further strengthen the economy and reduce the country’s future deficits.” – Turbo Tax Timmy
The last budget King Putt sent to CONgress did not get a single vote in support. Not one. It was so fundamentally UNbalanced he couldn’t even get his own bootlicker caucus to support it. Some proposal, that.
Report this comment
jonarata
Posted on October 12, 2012 at 10:42pmBTW, the quoted “deficit” number is nonsense.
Debt to the penny on 09/30/2011: 14,790,340,328,557.15
Debt to the penny on 09/28/2012: 16,066,241,407,385.89
That means the ACTUAL deficit was $1.276T – 16% higher than the quoted figure of $1.1T.
Report this comment
Bankrupt_R_Us
Posted on October 14, 2012 at 7:18amHere’s a Jeopardy question, folks:
How much debt has Washington added in the past six years?
ANSWER: $7.6 trillion, Who says so? The US Treasury, that’s who!
A US Treasury URL shows that Washington has added $7.6 trillion of new debt in the past 6 years.
Oct 11 2012 US Debt: $16.158 trillion
Oct 11,2006 US Debt $8.544 trillion
NEW DEBT IN SIX YEARS: $7.614 trillion.
To verify this yourself, . Click here. http://www.treasurydirect.gov/NP/BPDLogin?application=np
Report this comment
citizen0000
Posted on October 12, 2012 at 10:06pmForward!
Report this comment
ArmedAndReallyPissed
Posted on October 12, 2012 at 8:25pmWe can survive this crushing National Debt, painful as it will be for many generations to come, IF we Americans throw the TRAITOR out of the White House in November. My big concern is…….How many Americans will die in this country, on our streets, when Obama’s friends, the Muslim Brotherhood, attack US ? How do you fight a cowardly evil enemy who straps a bomb to himself / herself to blow up a crowed public Business ? How do you fight a cowardly evil enemy who plants IED’s everywhere and runs ? How do you fight a cowardly evil enemy who does not stand out, by dressing as we Americans do, acting like we Americans do until the fateful hour comes to unleash hell on US ?
All the world was stunned on 911. As Glen Beck thinks, i too think that when this evil “Civilization Jihad” happens it will make 911 look like a friendly Picnic. It seems to me our Hero’s have all gone. No more John Wayne. No more Ronald Reagan. No more morals, principles or honesty. Nothing left but complete corruption. Nothing left but to kill one another over Religion. I have no more faith in “OUR GOVERNMENT”. Only faith in Americans when times get really, really bad to come together as one. But, when every street and small town in America will look like the streets of Iraq and the sandy trails of Afghanistan when this next attack happens and our streets, towns and cities look just like the war ravaged towns and cities of the mid-east, how do you “WIN” a war like that against such cowardly evil ?
Report this comment
DarkJello
Posted on October 12, 2012 at 8:40pmWell said. But I don’t see them as cowards. Evil? Yes.
They are radical warriors that won’t stop no matter the price. We can hide, we can join them, or we can help them to meet Allah and such. I like option #3 best.
Report this comment
GilbertAcct
Posted on October 13, 2012 at 6:34pmWow… what have you been reading? Did Beck do this to you?
Report this comment
zoro51
Posted on October 12, 2012 at 7:47pmFIRE BERNEKE FIRE OBAMA THIS IS ******** TREASIOUNS SOCIALISTS LEFTISTS DEMOCRATS DONT GIVE A RATS ASS no budget apprioved RIED N NAZI PELOSI is a BIG problem.. FIRE THEM ALL
Report this comment
justangry
Posted on October 12, 2012 at 8:21pmWhat good will firing Bernanke or Obama do if we don’t rid ourselves from the system that gives them their power?
Report this comment
DarkJello
Posted on October 12, 2012 at 8:41pm@just:
One step at a time sir. Millimeter by centimeter by ince we need to change course.
Report this comment
justangry
Posted on October 12, 2012 at 9:11pmYeah, how long have you all been saying that? Since the new deal?
Report this comment
DarkJello
Posted on October 12, 2012 at 7:30pmThe “rich” already pay their fair share. So tired of that talking point.
The dems want many more to pay less, and a few to pay even more!
We are out of alignment, just ask any economically trained chiropractor.
Report this comment
justangry
Posted on October 12, 2012 at 8:24pmArguing over who pays higher taxes for social programs when no one should have to pay any… Always a hoot on the Blaze.
Report this comment
DarkJello
Posted on October 12, 2012 at 8:38pmHow do you see us going from the current rate “for social programs” to nothing??
Please enlighten.
Report this comment
soybomb315_II
Posted on October 12, 2012 at 8:46pmHow come Romney/Ryan havent brought up the fact that top 20% make something like 40% of the money but pay 80% of the taxes??? That used to be a common statement but I havent heard Romney say that. Is it because he doesnt want to bring up ‘rich people’ and talk against a progressive tax code?
Report this comment
Wool-Free Vision
Posted on October 12, 2012 at 9:05pmWhat too many dems will NEVER admit/recognize is that trickle-down economics WORKS! Reagan proved it beyond a shadow of a doubt. The whole reason Clinton is considered to have been so successful is that he was still riding the high tide that Reaganomics created.
This is one of the most frustrating and annoying things about democrats and the complicit leftist media: They consistently doom us all to suffering economic distress because they will NEVER concede the fact that Trickle-Down is a recipe for success and Keynesian is a recipe for failure.
Report this comment
justangry
Posted on October 12, 2012 at 9:17pmReagan expanded Jimmy Carter’s government and increased his deficit and national debt substantially. Not to mention the trillions wasted on his war on drugs we didn’t feel during his time in office. I’ll concede that he was better than what we’ve seen from the GOP but that’s not really saying much.
http://www.lewrockwell.com/rothbard/rothbard60.html
Report this comment
drs1969
Posted on October 13, 2012 at 12:19amThe best of Reagan was supporting the Iran-Iraq war. Cheap oil.
Keep them killing each other. They want to, that’s for sure.
Report this comment
U.N.hater
Posted on October 12, 2012 at 7:13pmHe has done this to you and me our children and our childrens children. This on top of everything else he has done to this country and it’s people we do nothing. So could someone please explain to me just WTF is the 2nd Amendment in the constitution for? What good is our constitution if it’s not even being used? We don’t desreve it….
Report this comment
let us prey
Posted on October 12, 2012 at 7:10pmLmao…So, does this make it half of what it was when Obumbler took office? He said it would be cut in half.
Report this comment
DarkJello
Posted on October 12, 2012 at 7:32pmInstead of cutting 4-5 trillion he added around 6 TRILLION.
Talk about being 180 degrees off the mark.
Report this comment
soybomb315_II
Posted on October 12, 2012 at 8:04pmyou guys do realize that what drove the deficit was a drop-off of revenue, right? Look at Bush’s last fiscal year in office and Obama’s first term – it was less people working and stock market write-offs that have been the major factor in the deficit.
Of course offensive military spending, medicare part D, no child left behind, and stimulus havent helped – but to blame it all on Obama is a bit of a stretch
Report this comment
DarkJello
Posted on October 12, 2012 at 8:31pmObama and company act like almost everything bad in the last 4 years is due to GW Bush. They constantly whine and moan. Tons of politicians on both sides are to blame for the decades of failed fiscal policies. Yep, I said decades.
Obama said 4 trillion less, then turned around and added around 6 trillion. Fact.
Report this comment
soybomb315_II
Posted on October 12, 2012 at 8:37pmthats fine but keep in mind Romney is talking about 12 MILLION jobs to be created. So basically if Romney wins in 2012, he will not win his re-election using those standards. Which means that IF we make it to 2016 we will have 4 years of a democrat after that – stick a fork in us
Report this comment
DarkJello
Posted on October 12, 2012 at 8:45pmI hope and pray Romney can deliver at or near that many jobs. But I don’t know, and I won’t promise anything. Still, Obama does not deserve 4 more years. Actions speak louder than words. Maybe it is all for nought. Better to die fighting than to give up, like so many Americans have.
Voting GJ is not “bad” per se, I just don’t see it making a real difference. Stay cool Soy.
Report this comment
Creativethinker
Posted on October 12, 2012 at 9:20pmSo voting for Gary Johnson will help get rid of Obamacare? So voting for Gary Johnson will help us get the Keystone pipeline and stop the massive layoffs in the coal industry which will effect electricity rates which Obama swore to bankrupt? So voting for Gary Johnson will stop the military cuts and help our military to be stronger again and have the ability to defend us? Stop with the fantasy vote get real.
Report this comment
soybomb315_II
Posted on October 12, 2012 at 9:56pm@creative
Gary Johnson is hands down better than Romney. Fix the election laws if a Gary Johnson vote doesnt suit you
Report this comment
KidCharlemagne
Posted on October 12, 2012 at 10:08pmCreativethinker
Posted on October 12, 2012 at 9:20pm
So voting for Gary Johnson will help get rid of Obamacare?
====================================
There’s a far greater chance of Gary Johnson getting rid of Obamacare than Mitt Romney though:
April 12, 2006: “Romney-(Ted) Kennedy Health Care Bill Signing”
Report this comment
term limits for congress
Posted on October 12, 2012 at 7:08pmThere’s a budget??? I’d like to see that, please.
Report this comment
drs1969
Posted on October 13, 2012 at 12:22amIt’s called Spend and Print.
Used to be called Taxation w/o Representation.
Report this comment
soybomb315_II
Posted on October 12, 2012 at 7:06pmThere is no way to contain the deficit other than spending cuts
Report this comment
2MINUTESTOMIDNIGHT
Posted on October 12, 2012 at 7:10pmSo lets vote for Gary Johnson which will result in the POS Kenyan having another four years to continue the spending.
Report this comment
soybomb315_II
Posted on October 12, 2012 at 7:17pmlets vote for gary johnson because he is the only one pledging to cut spending. If voting for gary johnson somehow helps Obama, then you republicans should be looking to fix the election laws instead of blaming us for your stupid political system
Report this comment
justangry
Posted on October 12, 2012 at 7:19pmI’m voting for Gary Johnson because he’s the best candidate, and today’s conservatives suck.
Report this comment
2MINUTESTOMIDNIGHT
Posted on October 12, 2012 at 7:28pmYesterday I went to Burger King and ordered a Big Mac. The nice lady behind the counter told me they don’t have Big Macs at Burger King. I cried and said I wanted a Big Mac. She informed me they have Whoppers or Tendercrisp Chicken Sandwich. I cried more and kept telling her I wanted a Big Mac. She told me that maybe I should take steps to reform the menu and that it’s my fault they only have Whoppers and Tendercrisp Chicken Sandwiches. I continued my fit telling her I wanted a Big Mac. All of the other customers looked at me like I was an idiot because I wanted a Big Mac although Big Macs were not on the menu. I continued to have a fit like a 3 year old and kept crying that I want a Big Mac, I want a Big Mac. Finally they threw me out.
See any similarities here Soyburger / Angry?
Report this comment
DarkJello
Posted on October 12, 2012 at 7:34pmA vote for Gary Johnson is a vote for BHO. Fact. Period. Done.
Report this comment
2MINUTESTOMIDNIGHT
Posted on October 12, 2012 at 7:41pmThank you JELLO.
Report this comment
soybomb315_II
Posted on October 12, 2012 at 7:50pm@2Minutes
I am hungry for a BIG MAC and there happens to be one on my ballot. Sweet! I am in luck.
I will repeat it until the cows come home….If me voting for Gary Johnson helps Obama – then you need to get off your lazy ideological butts and start fixing the election process. I will not be held hostage by a 2-party system that has rigged the game to ensure that every election leads to bigger government!!!
Report this comment
justangry
Posted on October 12, 2012 at 7:50pm“Only I want to make something clear, I am not a conservative. I think today’s conservatives are WORSE than today’s liberals. If anyone destroys this country it will be the conservatives because they do not know how to preach capitalism. To explain it to the people because they do nothing but apologize and because they’re all altruists. They are all based on religious altruism, and on that combination of ideas you cannot save this country.” Ayn Rand.
See any similarities between you and the other GOP lapdogs here that call themselves conservatives to this quote?
Obama / Romney I don’t care. Neither will stand up for our rights or Constitution. They’re both evil.
Report this comment
Toms
Posted on October 12, 2012 at 7:51pmAgreed, spending cuts are a necessary part of the mix to cut the deficits. But increasing income by putting people back to work in the private sector is another component that must occur. Romney and Ryan are proposing a plan that will dramatically improve both of these aspects. Not by some grand government progrom (The spelling is intentional. Look the word up in your dictionary if you do not understand the significance.) but by tried and proved methods of incresing the amount of domestically produced energy which will put a lot of people to work and bring huge amounts of income to the government(s), repealing the extremely expensive and job killing Affordable Health Care Act, reducing the number of duplicative programs, and transfering programs to the states to name a few. Protest votes for some other candidate may be emotionally satisfying but this is not the time.
Report this comment
2MINUTESTOMIDNIGHT
Posted on October 12, 2012 at 7:59pmOn the ballot does not mean in the race. Your Johnson pipe dream is waste.
Report this comment
soybomb315_II
Posted on October 12, 2012 at 8:01pm@Just
http://video.msnbc.msn.com/the-daily-rundown/49388282#49388282
My understanding is that the ‘magic number’ that you talk about is 5%….
@Toms
It is always the right time to do what is right
Report this comment
soybomb315_II
Posted on October 12, 2012 at 8:05pm@2minutes
we are playing for the future – you are playing for the present
Report this comment
Eastinfection
Posted on October 12, 2012 at 8:10pmwe’re toast….
http://www.youtube.com/watch?v=wIKVj18BgXs
Report this comment
2MINUTESTOMIDNIGHT
Posted on October 12, 2012 at 8:21pmYou are absolutely NOT playing for the future. You are playing for the instant gratification of casting a vote for a fictional candidate. You are trying to make a stand by farting in the wind. If you were playing for the future, you would be doing anything and everything to get the POS Kenyan out. Period. Don’t tell me you are playing for future. That is absolute BS.
Report this comment
soybomb315_II
Posted on October 12, 2012 at 8:28pm@2minutes
You obviously dont understand the dynamics. You cant see past your own nose
There are many things at play. You must have skipped the primary and convention, where the establishment flexed their muscles and slapped down the tea party and grassroots. IF we are going to save this country – it can only be done with a non-progressive. We can ONLY get a non-progressive if the establishment types in the republican party are removed or diminished. Voting for Romney solidifies them. This is just one of the many ‘long game’ dynamics
Report this comment
DarkJello
Posted on October 12, 2012 at 8:37pmYou chaps can drop bombs and be angry all you want. Vote for GJ. That is your call. It won’t change a darn thing, but it is your right to vote or not as you see fit. God bless.
Romney is a superior option to BHO, because he is not BHO. Time will tell.
Report this comment
justangry
Posted on October 12, 2012 at 8:40pmNo we’re trying to get enough votes to establish a legitimate third party. I’ve been searching for the words for a while before I found that Ayn Rand quote above. The gap between Neoconservatives and Libertarians is just too much to ever come to any kind of compromise. The fact is, I really don’t like the GOP’s (fascists) policies anymore than I do the socialist’s. I mean there’s still some in the Liberty movement that believe we can work within the Republican Party. I don’t. Values voters, the Moral Majority, and/or religious right are progressives. We need our own party because your great big tent is filled with a holes.
Report this comment
resme
Posted on October 12, 2012 at 8:53pmVirgil Goode 2012!!!!!!!!!!!!!!!!!!
Report this comment
justangry
Posted on October 12, 2012 at 9:10pm@Resme, Goode voted for the Patriot Act. I agree Johnson is weak on some issues, but I can’t get over that.
Report this comment
soybomb315_II
Posted on October 12, 2012 at 9:23pmGoode also voted for Iraq but overall, i think the Constitution Party is much better than the libertarian party. So basically it is a wash – but Gary Johnson has a huge upside, name recognition, and probably the most qualified/experienced 3rd party candidate in modern history. So I gave it to Chuck Baldwin in 2008, Gary Johnson in 2012. Peace Resme
Report this comment
KidCharlemagne
Posted on October 12, 2012 at 10:11pm2MINUTESTOMIDNIGHT
Posted on October 12, 2012 at 7:28pm
Yesterday I went to Burger King and ordered a Big Mac.
=========================================
Why didn’t you just go to McDonald’s instead, silly?….
Report this comment
Eastinfection
Posted on October 13, 2012 at 9:48amoops.. wrong link. now i can’t find the right one.
Report this comment
Tankertony
Posted on October 12, 2012 at 7:05pmBy their nature leftists could care less about debt and deficits because when everything collapses who is coming to the rescue? They are ! A rapidly expanded government would then save us.
Report this comment
justangry
Posted on October 12, 2012 at 7:24pmWell the republicans aren’t going to fix d*ck. At least not for 28 years or so.
Report this comment
2MINUTESTOMIDNIGHT
Posted on October 12, 2012 at 7:37pmBut voting for Gary Johnson, who has 0 percent chance of winning sure helps!
Report this comment
soybomb315_II
Posted on October 12, 2012 at 8:01pmoh, so voting is a popularity contest now?
Report this comment
2MINUTESTOMIDNIGHT
Posted on October 12, 2012 at 8:12pmSoyburger, your comment is nonsense. I have had this discussion with you at least a dozen times. You are certainly free to vote for anyone you want. If it makes you all tingly inside to know you wasted your time and effort voting for a fictional candidate, go ahead. Some day when you join reality, you will likely wish you had acted differently. Please rest assured that when you vote for Johnson, you will be casting your vote for the same POS as ENCINOM, WANGO, VOICE OF TREASON, PROGRESSIVE PETE, Obama Phone Lady, etc…. Congratulations on your decision.
Report this comment
soybomb315_II
Posted on October 12, 2012 at 8:21pmA vote should never be cast based on ‘who can win’. If you are scared of the honest votes, then you should try to fix the rigged election laws….Otherwise you are just another nanny state progressive – telling people how they should think
Report this comment
Stoic one
Posted on October 12, 2012 at 7:04pmSpending Cuts! What spending cuts?
Spend NO more than is brought in .
Report this comment
soybomb315_II
Posted on October 12, 2012 at 7:11pmas long as the Fed exists, the government can spend as much as they want
Report this comment
2MINUTESTOMIDNIGHT
Posted on October 12, 2012 at 7:02pmTimmy “Turbo Tax” Geithner says: “It is time for Congress to act on these necessary steps that will help create sustainable economic growth for years to come.”
Whose economic growth? Kenya’s? Venezuela’s? Egypt’s? Indonesia’s? Cause it certainly isn’t ours.
Report this comment
kaydeebeau
Posted on October 12, 2012 at 6:54pmif dollars were minutes $1 trillion would be 32,000 years…….
Report this comment
damon_k
Posted on October 12, 2012 at 6:58pmThat’s a good way to look at it. So Obama’s debt by the time he leaves office in January would be almost 200,000 years. Read political commentary at: http://smallcraftadvisorychronicles.blogspot.com/
Report this comment
2MINUTESTOMIDNIGHT
Posted on October 12, 2012 at 7:05pmDAMON: Have you ever considered actually purchasing some advertising space instead of mooching off The Blaze?
Report this comment
Common Sense 24
Posted on October 12, 2012 at 7:16pmActually if dollars were SECONDS, 1 Trillion dollars would be 31,688 years, 32 days, 1 hour, 15 minutes, and 3.21 seconds. Just a note, I also took into account leap years in my calculation.
Report this comment
2MINUTESTOMIDNIGHT
Posted on October 12, 2012 at 7:19pmThanks Commonsense. Now can you figure out who is the bigger mooch: Damon K or Michelle O?
Report this comment
kaydeebeau
Posted on October 12, 2012 at 7:28pmoops – my bad..but you got the point anyway right??
Report this comment