re: #289 Walter L. Newton

You got it… twisting and spinning it doesn’t change the facts. Now… if the report was about the ADMINISTRATION seeing the problem they are creating, then I would have something to crow about… in this case… it’s infighting and eating their own… loving every minute of it. Hell, I’m not even waiting for the mid-terms to start cackling and sniping.

Touche’.

I don’t do parties. Financial markets have gone global since the mid 2000s. We were struggling under a near recession for the better part of that decade which led to the final near collapse on October of 2008 which led TARP as promoted by Hank Paulson who worked alongside the New York Fed boss, Timothy Geithner.

Even though spending has increased it still on the same trajectory as it was before January 20, 2009. Majority of spending is on entitlements and defense. With the former we have an aging population and baby boomers entering the entitlement “market.” On the latter we are fighting a two front war in Iraq and Afghanistan which are still not free or payed for by Iraqi oil revenues (as promised). At the same time we are providing military “services” for the Persian Gulf, North Korea, Haiti, East Africa (pirates), and the Indonesian region.

Everything was, still and will be set up for the top 1 percent of this nation. Nothing has changed before January 20th nor after. My world fell apart on October of 2008 and hit bottom in October of 2009. This was with both Republicans and Democrats at the helm. Frankly, whoever wins in 2010 or 2012 probably won’t mean a spit of difference in my life.