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Author Topic: Forbes wirites Obama spent less then he others, that can't be true  (Read 1524 times)
redanimalwar
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« on: May 26, 2012, 07:18:48 AM »

http://www.forbes.com/sites/rickungar/2012/05/24/who-is-the-smallest-government-spender-since-eisenhower-would-you-believe-its-barack-obama/

I just don't beleave it but can somebody explain how they make this look like it is?
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Geolibertarian
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« Reply #1 on: May 26, 2012, 09:31:40 AM »

"Accordingly, the first budget that can be blamed on our current president began in 2010..." -- Rick Ungar

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http://www.globalresearch.ca/index.php?context=va&aid=16181

The Pentagon Budget: Largest Ever and Growing

by Sara Flounders

Global Research, November 19, 2009
International Action Center - 2009-11-07

On Oct. 28, President Barack Obama signed the 2010 Defense Authorization Act, the largest military budget in U.S. history.

It is not only the world's largest military budget but is larger than the military expenditures of the whole rest of the world combined. And it is growing nonstop. The 2010 military budget--which doesn't even cover many war-related expenditures--is listed as $680 billion. In 2009 it was $651 billion and in 2000 was $280 billion. It has more than doubled in 10 years.

[Continued…]

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Oh yeah, Obama's a "small" spender alright. And he's really "pro"-2nd Amendment, too! Roll Eyes
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"Abolish all taxation save that upon land values." -- Henry George

"If our nation can issue a dollar bond, it can issue a dollar bill." -- Thomas Edison

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Geolibertarian
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« Reply #2 on: May 26, 2012, 09:47:33 AM »

Hey Forbes! If Obama is such a "small" spender, then why -- despite the trillions in revenue generated each year by federal taxes -- has the national debt increased more than $3.4 trillion since the beginning of 2010?

Either that article is a practical joke, or Forbes has total and utter contempt for the intelligence of its readers.
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"Abolish all taxation save that upon land values." -- Henry George

"If our nation can issue a dollar bond, it can issue a dollar bill." -- Thomas Edison

http://webofdebt.com
http://schalkenbach.org
http://forum.prisonplanet.com/index.php?topic=203330.0
Geolibertarian
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« Reply #3 on: May 26, 2012, 10:34:33 AM »

Here's yet another economic reality that establishment rags like Forbes want desperately for their readers -- and people in general -- to remain blissfully ignorant of, lest their Orwellian propaganda be recognized as such and laughed at accordingly:

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http://www.prisonplanet.com/as-an-encore-to-bailing-out-the-big-banks-government-to-backstop-derivativees-clearinghouses-%E2%80%A6-in-the-u-s-and-abroad.html

As An Encore to Bailing Out the Big Banks, Government to Backstop Derivativees Clearinghouses … In the U.S. and Abroad

Washington’s Blog
May 26, 2012

The government has been bailing out the giant, insolvent banks for years. (Many of the bailed out banks are foreign.)

That is preventing the economy from recovering … like countries that have grabbed the bull by the horns.

The government has allowed the amount of derivatives to reach 1.2 quadrillion dollars.

That is feeding the parasite of casino gambling … which is preventing the real economy from recovering and is killing the host of actual productivity.

What is the government doing for an encore?  Bailing out the derivatives clearinghouses.

As the Wall Street Journal reported yesterday:

[Continued...]

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"Abolish all taxation save that upon land values." -- Henry George

"If our nation can issue a dollar bond, it can issue a dollar bill." -- Thomas Edison

http://webofdebt.com
http://schalkenbach.org
http://forum.prisonplanet.com/index.php?topic=203330.0
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