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  1. #1
    Join Date
    Jul 2005
    Posts
    13,383

    $165,040,000,000.00 -- In One Month!

    This is the ing the prize-winner gave us last month...wait until this month when he will be handing billions of dollars directly to his union friends, yet again! Just stealing, really.

    Hey, liberals: Okay, okay, you win! We're done! It's over! You killed us! LOL



    Deficit in July Totals $165.04 Billion


    The U.S. government spent itself deeper into the red last month, paying nearly $20 billion in interest on debt and an additional $9.8 billion to help unemployed Americans.

    Federal spending eclipsed revenue for the 22nd straight time, the Treasury Department said Wednesday. The $165.04 billion deficit, while a bit smaller than the $169.5 billion shortfall expected by economists polled by Dow Jones Newswires, was the second highest for the month on record. The highest was $180.68 billion in July 2009.

    The government usually runs a deficit during July, which is the 10th month of the fiscal year. So far in fiscal 2010, the government spent $1.169 trillion more than it made. That figure is about $98 billion lower than during the comparable period a year earlier.

    For all of fiscal 2009, the U.S. ran a record $1.42 trillion deficit. Fiscal 2010 might run a little higher—the Obama administration sees $1.47 trillion.

    Wednesday's monthly Treasury statement said U.S. government revenues in July totaled $155.55 billion, compared with $151.48 billion in July 2009.

    Spending was higher, totaling $320.59 billion. July 2009 spending amounted to $332.16 billion.

    Year-to-date revenues were $1.75 trillion, compared with $1.74 trillion in the first 10 months of fiscal 2009. Spending so far in this fiscal year is $2.92 trillion, versus $3.01 trillion in the prior period.

    Spending for benefits for the unemployed year to date totaled $121.4 billion; for July, the tab was $9.8 billion, the Treasury statement said.

    Years of deficit spending by Washington have led to a mounting national debt. Interest payments so far in fiscal 2010 amount to $185.25 billion; by contrast, corporate taxes collected by the government during the same 10 months were $139.71 billion. Interest payments in July alone were $19.9 billion.



    http://online.wsj.com/article/SB1000...722830706.html
    .
    There is not a truth existing which I fear
    or would wish unknown to the whole world."
    --Thomas Jefferson

  2. #2

    Re: $165,040,000,000.00 -- In One Month!

    We not getting off that easy

    It has to be a slow , painful death, where the knife goes in, and they twist it

    Cloward and Piven

    Looks like Schiff was right again

    There is no exit strategy


  3. #3
    Join Date
    Jul 2005
    Posts
    13,383

    Re: $165,040,000,000.00 -- In One Month!

    Quote Originally Posted by brucefan View Post
    We not getting off that easy

    It has to be a slow , painful death, where the knife goes in, and they twist it

    Cloward and Piven

    Looks like Schiff was right again

    There is no exit strategy



    Exactly, there is no great 'thought' going on...the prize-winner is not exactly a gifted thinker.

    He is as transparent as his 5 book lifetime reading list, his utter incompetency as an off-the-cuff speaker and his child-like regurgitation of the thoughts of 'other people'--all of them enemies of the USA.

    This is just step one, two, three, Rules for Radicals and Cloward and Piven.

    Not one thing more. No modern spin, no re-interpretation.

    Not one thing more.


    Seen the new "stimulus"? Stealing money from food stamps to give directly to his union scum.

    unreal.





    .
    Last edited by pwrone; 08-11-2010 at 06:54 PM.
    There is not a truth existing which I fear
    or would wish unknown to the whole world."
    --Thomas Jefferson

  4. #4
    Join Date
    Sep 2004
    Posts
    27,212

    Re: $165,040,000,000.00 -- In One Month!

    all you rich guys do is think about your money!? maybe we should raise taxes and piss off your little "enabler" army!? and when is mr. shiffty gonna "break down" and get a REAL job!? sounds like THAT'S what he is SCARED of!? :cwm2: :spin2: : :
    i do not endorse/recommend any advertising on scam.com associated with my name /posts or otherwise. thank you

  5. #5

    Re: $165,040,000,000.00 -- In One Month!

    Quote Originally Posted by pwrone View Post
    Exactly, there is no great 'thought' going on...the prize-winner is not exactly a gifted thinker.

    He is as transparent as his 5 book lifetime reading list, his utter incompetency as an off-the-cuff speaker and his child-like regurgitation of the thoughts of 'other people'--all of them enemies of the USA.

    This is just step one, two, three, Rules for Radicals and Cloward and Piven.

    Not one thing more. No modern spin, no re-interpretation.

    Not one thing more.


    Seen the new "stimulus"? Stealing money from food stamps to give directly to his union scum.

    unreal.





    .

    Its pathetic is what it is

    What about the unspent money from the last crapulus spending bill? That money is not good enough?

    These states are drowning from all these pensions, and now the Feds and radicals have them right where they want them

  6. #6
    Join Date
    Sep 2004
    Posts
    27,212

    Re: $165,040,000,000.00 -- In One Month!

    the wealthy need to start making donations directly to GOV!? help alleviate the burden of not enough money to the job done!? it's the only fair thing to do!? it's just temporary until the economy returns!? beats gettin taxed some more dont you agree!? a very common sense solution!? :cwm2: :spin2: : :
    i do not endorse/recommend any advertising on scam.com associated with my name /posts or otherwise. thank you

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