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Nihilism, Futurist Traditionalism and Conservationism

Transition to a debtor state

29 08 11 - 04:58

From a now-prophetic blog:

* President Bush expanded the federal budget by a historic $700 billion through 2008. President Obama would add another $1 trillion.
* President Bush began a string of expensive finan­cial bailouts. President Obama is accelerating that course.
* President Bush created a Medicare drug entitle­ment that will cost an estimated $800 billion in its first decade. President Obama has proposed a $634 billion down payment on a new govern­ment health care fund.
* President Bush increased federal education spending 58 percent faster than inflation. Presi­dent Obama would double it.
* President Bush became the first President to spend 3 percent of GDP on federal antipoverty programs. President Obama has already in­creased this spending by 20 percent.
* President Bush tilted the income tax burden more toward upper-income taxpayers. President Obama would continue that trend.

* President Bush presided over a $2.5 trillion increase in the public debt through 2008. Setting aside 2009 (for which Presidents Bush and Obama share responsibility for an additional $2.6 trillion in public debt), President Obama’s budget would add $4.9 trillion in public debt from the beginning of 2010 through 2016. - Heritage

The source is a neocon/palecon hybrid blog, citing from the Washington Post. Read that clearly: conservative source citing liberal source.

The point is that instead of paying our money forward, we're paying it backward -- we're using our future investment to subsidize the failures and glitches of the past.

Thanks to a bastardized interpretation of Christian morality and liberalism, we're pandering to the lowest common denominator. It costs nothing, except our future.

All those who disagree are motivated by one simple factor: social power. They want to have control over others, and one way to do that is to appear altruistic and thus gain a rise in social status.


two comments

Corporation Pull-In
>conservative source citing liberal source

Who gives a fuck? The only thing that matters is the truth. Conservatives are scumbags, enjoy your corporate slavery. Corporation Pull-In - 29-08-’11 06:35
Martin Luther
I scourged myself in the snow pretty hard today, left a nice blood blister on my chapped rump. Mine ass has seen the glory of the cumming of the lord Martin Luther - 30-08-’11 20:32

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