Right now, there is so much in the media about the health care debate we tend to lose track of other things that can affect our future. Just like George Bush, Barack Obama likes to spend our money. Sure President Obama tells us he has to spend to protect our economy and our way of life. It seems that President Bush said the same thing as he spent us into debt.
Deficit grew by $181 billion in July
By Walter Alarkon
Posted: 08/09/09 06:06 PM [ET
Bailouts for financial firms and billions in tax revenue lost because of the recession drove the deficit to a record $1.3 trillion in July, according to the independent Congressional Budget Office (CBO).
Tax receipts that have fallen due to the poor economy and increased spending to save car companies, banks and mortgage firms were major contributors to the federal deficit, according to CBO, which provides official budget numbers for Congress. The federal deficit grew by another $181 billion in July.
How many times during George Bush's tour in the White House did you hear his people say we need to raise the debt ceiling? Of course the Democrats went right along with it.
By Corey Boles and MICHAEL R. CRITTENDEN
Washington U.S. Treasury Secretary Timothy Geithner asked Congress to increase the $12.1 trillion debt limit on Friday, saying it is "critically important" that they act in the next two months.
Mr. Geithner, in a letter to U.S. lawmakers, said that the Treasury projects that the current debt limit could be reached as early mid-October. Increasing the limit is important to instilling confidence in global investors, Mr. Geithner said.
When Barack Obama became President, most of America really thought our war mongering ways were a thing of the past, but the truth is the Obama administration is in cahoots with the Military Industrial Complex, just like George Bush was. Come to think about it, all of our past presidents have been in their employ, too.
Published on Monday, August 10, 2009 by Inter Press Service
Clinton Sprinkles US Military Aid Across Africa
Clinton Pledges Military Aid to Somalia and Other African Countries
by Daniel Volman
WASHINGTON On Aug. 6, U.S. Secretary of State Hillary Clinton met with Somali President Sheikh Sharif Ahmed in Kenya and pledged to provide more military aid and training to the Somali Transitional Federal Government (TFG)
It will be debated for years whether or not we won our War in Iraq. One thing is certain, George Bush gave his Mission Accomplished speech a few years too early, and now George Bush's War in Iraq is Barack Obama's War. The same is true with Bush's War in Afghanistan. President Obama did not have to take ownership of either war, but now that he has, the outcome of both wars will be part of his legacy.
By YOCHI J. DREAZEN in Kabul and PETER SPIEGEL in Washington
The Taliban have gained the upper hand in Afghanistan, the top American commander there said, forcing the U.S. to change its strategy in the eight-year-old conflict by increasing the number of troops in heavily populated areas like the volatile southern city of Kandahar, the insurgency's spiritual home.
Gen. Stanley McChrystal warned that means U.S. casualties, already running at record levels, will remain high for months to come.
I'm reading all this stuff, and I'm thinking things have not changed much with a new president in the White House. We are still at war, out debt is still climbing, and with borrowed money, we continue to arm the Third World. Yes, Candidate Obama promised us "Change," but it appears now that the more things "Change," the more they have stayed the same.