Wednesday, November 25, 2009

Nation & World

Washington Whispers by Paul Bedard

John McCain's Syrian Straight Talk

October 22, 2008 10:47 AM ET | Paul Bedard | Permanent Link | Print

Reader Comments

Michael from NYC of NY what racist stereotypes???

Another Kool Aid Drinker, If you don't like what they say call them a racist, sad.

BTW,Michael, college degree-self paid, over $250K income, "had" 6 figures in the 401K & holding investments, and paid for both my daughters college with cash, not with government funds, what say you.

olroy of WA your presentation is on the right path but I think your figures are off due to the fact you didn't adjust for inflation nor did you consider the assets the US government owns today vs 34 years ago. Looking at one side of the equation fits your agenda, total assets minus total liabilities

Poor Larry

Larry of CA says, "Every time an administration has lowered taxes, the government has gotten more cash, the American people have gotten to keep more of their hard-earned cash, and the economy has moved in a positive direction."

That's partially true, but there's an elephant in the room that's misunderstood, or ignored by the Larrys of the world. The elephant is the fact that the government has never gotten enough more cash to make up for the increased amount every President except Bill Clinton has spent beginning with Ronald Reagan.

In terms of percentages, national debt was at 117% of national income (GDP) at the end of WW II. By 1979, the end of the Carter administration, it had declined to 33%. Through those 34 years under 7 presidents, the government practiced fiscal responsibility. In dollars adjusted for inflation, our GDP tripled, while debt stayed nearly level.

Reaganomics decreed cutting taxes without cutting expenditures, & subsequent Republican administrations have followed the same. For most of the past quarter century, our government's outgo has exceeded its income, contrary to the fiscal prudence practiced in the preceding 34 years. Today, our national debt has increased to 70% of GDP.

Following these percentages in practical terms, it is as though you had $50,000 in income at the end of WW II, & $60,000 in debt. By 1979, your income had increased to $180,000 wile your debt held steady at $60,000. Today, at $180,000 of income, your debt has risen to $126,000, and that isn't economic progress. It's your descendants who will pay for the false prosperity you enjoyed from lower taxes while the government borrowed to pay its bills.

Sorry, Larry, you've been living in a fools paradise along with most of the rest of our nation, and the chickens of Republican fiscal irresponsibility are coming home to roost.

Michael

Does that mean that after obama is elected there won't be any more free speech?

Straight Talk

What was McCain's take on Moustapha's remarks?

Hasbollah and Syria have along history of turning illusions into certainty. It is a common failing of political fanatics. I include Bush and McCain in this group but I will not use this report to smear them.

Poor Larry

I feel sorry for Larry of CA. After Obama wins, his racist stereotypes wont be politically correct anymore. He will have to return to the rock from which he crawled under and spew his hatred out of the limelite.

Hey Larry. Have you happened to notice that wealthy educated Americans support Obama in vast majorities? They all must be lazy poor people using their advanced degrees, 401K's, IRA's, 529 college funds for their children, and various investment portfolios to hide their ignorance and apathy.

HillbillyBill of TN

I guess you like a BIG Lib that answers everything with TAX the rich & SPEND for the LAZY.

Add the lack of, I mean NO, experience - never done anything other than hang out with people that either hate America or Hate white people......GOOD CHOICE

Let's see the last time we went this direction unemployment was double digits, interest rates were double digits, and inflation was double digits, good economic numbers.

Every time an administration has lowered taxes the Government has gotten more cash, the American people have gotten to keep more of their hard earned cash, and the economy moved in a positive direction. But I know you leftwing types don't like facts and history because it doesn't fit into your ideological views.

All my problems are because of Bush, Republicans, Mom& Dad, anyone but me. It can't be my fault I'm poor, lazy, and clueless, who can I blame.

Kool-Aid Drinkers - what are you gonna do?????

Attaboy, John

That's the way to talk to our enemies without pre-conditions. Whoops. Uh, well Syria is our country's #1 problem-----isn't it?

Well, it could be some day maybe.

Now, on the other hand Obama wants to talk directly to our enemies, not just privately through letters and speeches. And everybody knows you can't just say stuff to them like, Mr. Gorbchev, tear down that wall! ?? don't they?

Uh, well, anyway...

Now there's that Acorn thingy and that wrong Wright and well, besides, I have the experience to be president on day one because I've been in the majority party for most of my 28 years in the senate and look how well we've managed things.

Oh well, heeeeears Sarah!

Attaboy, John

That's the way to talk to our enemies without pre-conditions. Whoops. Uh, well Syria is our country's #1 problem-----isn't it?

Well, it could be some day maybe.

Now, on the other hand Obama wants to talk directly to our enemies, not just privately through letters and speeches. And everybody knows you can't just say stuff to them like, Mr. Gorbchev, tear down that wall! ?? don't they?

Uh, well, anyway...

Now there's that Acorn thingy and that wrong Wright and well, besides, I have the experience to be president on day one because I've been in the majority party for most of my 28 years in the senate and look how well we've managed things.

Oh well, heeeeears Sarah!

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