Thursday, August 13, 2009

This'n'That;August 13th[Deficit;GubnerDave;Geeze-Louise]

Fluffy STILL Pissin' It Away!

The national budget must be balanced. The public debt must be reduced; the arrogance of the authorities must be moderated and controlled. Payments to foreign governments must be reduced, if the nation doesn't want to go bankrupt. People must again learn to work, instead of living on public assistance. Cicero (106 BC - 43 BC), 55 BC [If this ol' guy got the message.... d'ya think the current crop of political slugs will?!?!]

WASHINGTON (MarketWatch) -- The U.S. government ran a budget deficit of $180.6 billion in July, marking the 10th straight month of red ink, the Treasury Department reported Wednesday. The monthly deficit pushed the cumulative deficit so far this year up to $1.26 trillion -- slightly more than the Obama administration's been projecting for all of the 2010 fiscal year. Fiscal 2010 begins Oct. 1.
  • Outlays amounted to $332 billion last month, the Treasury said, up 26% from July 2008.
  • Receipts were $151 billion, down from $215 billion in June and 6% lower than a year ago.
  • For the year to date, total receipts hit $1.7 trillion, down 17% from a year ago, while outlays stood at about $3 trillion, up 21%.
  • Individual income-tax receipts dropped off in July, to $64.8 million from $92.9 million in June [Down 30.3%!!].
  • Corporate income-tax receipts dropped dramatically as well, to $2.5 million in July from $32.5 million in June [Down a whopping 92.4%!!].
  • The Treasury allocated $7.2 billion in July to its program for buying Fannie Mae and Freddie Mac mortgage-backed securities. The program, intended to revive the market for mortgage financing, has had $153 billion in liabilities so far this fiscal year.
  • In addition, the Treasury spent $85 billion for its housing and economic recovery program, which includes buying preferred stock from both Fannie and Freddie.

On another front, the Treasury spent $22 billion of its $700 billion Troubled Asset Relief Program in July,

  • bringing fiscal-year 2009 spending to $169 billion, the agency's figures showed.
  • Financial institutions that took money from the program paid back $3.5 billion to the Treasury last month.
  • For the full fiscal year, the administration continues to expect a deficit of $1.84 trillion.
Those number are likely to be revised, however, since the economy has been far weaker than was originally estimated. "Double-Dealin' Dave" Keeps Up With Fluffy [New York's gubner-"Double-Dealin' Dave" Paterson is doing his dam'dest to keep up with Fluffy obama's "piss-away" economic policy. I was involved in helping to raise seven children; I'm sure that each year, we didn't spend ONE welfareRAT's allowance on ALL OUR KIDS!!
  • The government, at all levels, has made being a welfareRAT all too comfortable. It's time to return the shame to spending money that other people earned!!
  • The 'RAT's debit cards?? A PUBLIC DISGRACE!!
  • What ever happened to having to go in person to the county office building, stand in line, answer a bunch'a questions in order to receive one's monthly benefits?? [...and if it doesn't last the whole month?? Tough-Shit!!]
A liberal is someone who feels a great debt to his fellow man, which debt he proposes to pay off with your money. G. Gordon Liddy Mister Liddy's quote goes to the heart of the problem; Liberals playing "the welfareRAT-"shamelessly spending other people's money!!] ALBANY — The state is providing $200 back-to-school grants to more than 800,000 children in low-income families through $140 million in federal stimulus money and a $35 million grant from billionaire George Soros. Soros' gift allows the state to access $140 million in a 4-to-1 matching grant program through the stimulus package, Gov. David Paterson announced Tuesday in Manhattan. The goal is to have needy families buy back-to-school supplies for their children. Paterson said the slumping economy has put "families into the position where they are going to have to use their money[??] for rent and the most basic of supplies" and may not have money for their children's school supplies. Families that get public assistance or food stamps automatically received the one-time $200 payment Tuesday if they have school-aged children between ages 3 and 17. About $100 million will go to New York City and the rest to upstate and Long Island. About 500,000 children in New York City are eligible and about 315,000 in the rest of the state. Republicans questioned whether the use of stimulus money for the program will help the economy. The $200 was deposited into state-issued debit cards used by needy families. So there is not any requirement that the money be used for back-to-school supplies, or that a child has to be enrolled in school for the family to get the money. "It should be done on a programmatic basis where you have accountability and you know how it is being spent," said Rockland County Executive Scott Vanderhoef. Senate Minority Leader Dean Skelos, R-Nassau County, and other Republican senators said the Democratic governor should use the money to lower property taxes after he agreed to raise taxes and fees in the budget. Geeze-Louise: Where's Your Town Meetings? Geeze-Louise-McIntosh-Rodham-Slaughter, the kazillion-year-old, non-representative [NY-28] from Fairport, N.Y., apparently has had enough of town hall meetings. She [as do all the commie-libs] attributes the recent spirited questioning of the healthcare reform proponents to organized resistance. What she fails to realize is: the folks she's failing to represent are fed up with her fascist tactics in forcing the reform down our throats!! Back in the early '90s, Slaughter held two spirited town hall meetings in her Upstate New York district before the third broke into chaos. Til Nex'Time....

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