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The 50 Trillion Dollar Privatization Cost

[Replies: 55]
Have you seen the present Federal Deficit?

It's 52.7 TRILLION DOLLARS and even admitted to
by The "Driveby Media Man" himself Rush Limpbrow.

The problem is: "privatization is the biggest scam that
America has allowed since the English sank the Lusitania
(According to J. Edgar Hoover's justification to Congress
for American Isolationism.) and the claims that Islamics
committed the events of 9/11/2001 (Again debunked by
the FBI [which caused the Director to be replaced].)

The biggest part of the scam is where the "Private
Contractors" take over management of Federal Employees
and claim that they increased the salary of these
people from $8.00 - $10.00 an hour to over $60.00 and
then collect $120.00 an hour from Uncle Sam for the
Bill. The new "Private" employees actually get the $60.00
an hour.

And these people actually think they earn their pay by
being able to use a Software system admitted by Bill
Gates himself that any 6 year old 2nd grader can operate.

Steve Blonske
GySGt USMC Retired
Last Post Mar 30, 2008 11:01 PM by: spydoy1
liberteric
Posts: 1,021
Registered: 1/27/08
(41 of 56)

Re: The 50 TRILLION DOLLAR PRIVATIZATION COST

Mar 29, 2008 4:30 PM
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> Enlighten me. I'm a no nothing voter.

No you're not. You're just confusing the annual budget with the National debt. Someone here suggested that when Clinton left, there was over 200 million dollar surplus, but the thread is about the National Debt, which is now at over 9 trillion dollars. When Clinton left, it was 5.7 trillion dollars.
The BUDGET surplus was for individual years. He raised taxes and cut the military, so of course we had more money for THAT year's budget.

--
I have no quote
Posts: 4,526
Registered: 7/15/07
(40 of 56)

Re: The 50 TRILLION DOLLAR PRIVATIZATION COST

Mar 29, 2008 4:28 PM
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> > Bogus surplus? All that boom during the 90s
> where
> > people made money was bogus?
>
> That money was gone by the time Clinton left office.
> There was no Federal surplus. There was an estimated
> budget surplus, but that was over estimated. you are
> confusing a budget surplus with the National debt,
> which was 5.7 trillion dollars when Clinton left
> office. It's now over 9 trillion.
>

There was never a budget surplus. The surplus they keep describing comes from only using half of the numbers, leaving out intragovernmental holdings completely, which has only ever been done when describing this utterly bullshit surplus.
Posts: 4,526
Registered: 7/15/07
(39 of 56)

Re: The 50 TRILLION DOLLAR PRIVATIZATION COST

Mar 29, 2008 4:25 PM
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> > > Are you saying Clinton practiced "fuzzy
> math"?
> > >
> > I'm saying the public was lied to and that
> factcheck
> > is either wrong or also lying, I have an email
> in to
> > them, I'll let ya know what they say about the
> ever
> > increasing debt despite this bogus surplus.
> Check
> > any site that lists year by year debt and you
> will
> > see it has gone up every year since 1958, the
> last
> > time we actually had a surplus.
>
> Bogus surplus? All that boom during the 90s where
> people made money was bogus?
>

Surplus, yes entirely bogus. Boom of the 90s, indeed real. 2 very different things.
liberteric
Posts: 1,021
Registered: 1/27/08
(38 of 56)

Re: The 50 TRILLION DOLLAR PRIVATIZATION COST

Mar 29, 2008 4:24 PM
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> Bogus surplus? All that boom during the 90s where
> people made money was bogus?


That money was gone by the time Clinton left office. There was no Federal surplus. There was an estimated budget surplus, but that was over estimated. you are confusing a budget surplus with the National debt, which was 5.7 trillion dollars when Clinton left office. It's now over 9 trillion.

> Can we correlate this to the inflated prices of homes
> and now homeowners are stuck with mortgages worth
> more than their homes.
>
> Will the Fed bail out those homeowners as they did
> Bear Stearns?


What does any of this have to do with the lie that somehow Clinton got us out of debt? If you must defend a lie at least stick with that lie, rather than change the subject. I'm not saying you knew it was a lie. Most people don't know.

--
I have no quote
CharlieDontSurf
Posts: 691
Registered: 2/18/08
(37 of 56)

Re: The 50 TRILLION DOLLAR PRIVATIZATION COST

Mar 29, 2008 4:22 PM
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... There was a projected surpluses of course. That is what the harpies keep bringing up.

--
"When people fear the government, there is tyranny.
When government fears the people, there is liberty."
Thomas Paine
liberteric
Posts: 1,021
Registered: 1/27/08
(36 of 56)

Re: The 50 TRILLION DOLLAR PRIVATIZATION COST

Mar 29, 2008 4:18 PM
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> > Are you saying Clinton practiced "fuzzy math"?
> >

> I'm saying the public was lied to and that factcheck
> is either wrong or also lying, I have an email in to
> them, I'll let ya know what they say about the ever
> increasing debt despite this bogus surplus. Check
> any site that lists year by year debt and you will
> see it has gone up every year since 1958, the last
> time we actually had a surplus.


They aren't lying. They're talking about the US Budget. Of course when Clinton raised taxes, they got more money for their budget those years. He slashed military expenses so of course we had more money. It seems that hardly anyone here knows the difference between the annual budge and the National debt. At the end of 2000, we had a national debt of 5.7 trillion dollars. Now, as you pointed out, it's around 9 trillion, not 50 trillion like the originator of this post suggested.

--
I have no quote
Nemeses2008
Posts: 1,627
Registered: 3/8/08
(35 of 56)

Re: The 50 Trillion Dollar Privatization Cost

Mar 29, 2008 4:18 PM
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you guys are so stupid the democrats and republicans are running a con on you.


IF IT QUACKS LIKE A DUCK WALKS LIKE A DUCK IT MUST BE A DUCK
Posts: 635
Registered: 2/29/08
(34 of 56)

Re: The 50 Trillion Dollar Privatization Cost

Mar 29, 2008 4:18 PM
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Here's a story about the Bush admininistration's push to privatize everything that is insightful, infuriating and entertaining, all at once

"The Great Iraq Swindle"



http://www.rollingstone.com/politics/story/16076312/the_great_iraq_swindle

--
Edited by CountyWexford at 03/29/2008 1:19 PM PDT
CharlieDontSurf
Posts: 691
Registered: 2/18/08
(33 of 56)

Re: The 50 Trillion Dollar Privatization Cost

Mar 29, 2008 4:17 PM
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Read "Blackwater" by Scahill.

http://www.blackwaterbook.com/

--
"When people fear the government, there is tyranny.
When government fears the people, there is liberty."
Thomas Paine
Posts: 1,756
Registered: 7/17/07
(32 of 56)

Re: The 50 TRILLION DOLLAR PRIVATIZATION COST

Mar 29, 2008 4:17 PM
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> > Apples and oranges and I did look it up.> http://www.factcheck.org/askfactcheck/during_the_clint > > > > on_administration_was_the_federal.html" target="_blank">SOURCE
>
> Oh for christ sake. That's the annual budget. It's
> not the trade deficit or our national debt. Perhaps
> you should learn a bit about it before you comment on
> it.
>
> --
> I have no quote


Enlighten me. I'm a no nothing voter.
liberteric
Posts: 1,021
Registered: 1/27/08
(31 of 56)

Re: The 50 Trillion Dollar Privatization Cost

Mar 29, 2008 4:13 PM
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> national debt is at 9 trillion. Go get a job. I own
> these fools like slaves. Its not even fun anymore.


I agree. It doesn't even require any work, which they apparently refuse to do anyway. They confuse the national budge with national debt and the trade deficit. They don't seem to know much of anything about anything that isn't on Huffingtonpost.

--
I have no quote
liberteric
Posts: 1,021
Registered: 1/27/08
(30 of 56)

Re: The 50 TRILLION DOLLAR PRIVATIZATION COST

Mar 29, 2008 4:11 PM
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> Apples and oranges and I did look it up.SOURCE

Oh for christ sake. That's the annual budget. It's not the trade deficit or our national debt. Perhaps you should learn a bit about it before you comment on it.

--
I have no quote
CharlieDontSurf
Posts: 691
Registered: 2/18/08
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Re: The 50 TRILLION DOLLAR PRIVATIZATION COST

Mar 29, 2008 4:03 PM
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Very true the surplus was not real but a projection.

--
"When people fear the government, there is tyranny.
When government fears the people, there is liberty."
Thomas Paine
liberteric
Posts: 1,021
Registered: 1/27/08
(28 of 56)

Re: The 50 TRILLION DOLLAR PRIVATIZATION COST

Mar 29, 2008 4:02 PM
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> right wingers think that barking the same retarded
> lie often enough is the same thing as telling the
> truth


Don't be so stupid. At the end of 2000, we had a national debt of 5.7 trillion dollars. We didn't have a surplus. Why don't you use those journalistic skills of yours and look at some facts.

--
I have no quote
Posts: 10
Registered: 12/2/07
(27 of 56)

Re: The 50 Trillion Dollar Privatization Cost

Mar 29, 2008 3:59 PM
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I always follow the money and noticed ago who benefits
from the privatization you describe. Rove and company
are rolling in the aisles as Obama is named messiah as
they know about his 3.5 million seed money and support
from corporations, no matter what his team tells athe
world about average donations...I sent this to Bill Maher:

Obama for keeping Blackwater et al; Hillary is not...
[Replies: 0]
Bill,

I noticed you believe their exit plans are the same. Please
note Obama does not stipulate the contractors must go
from Iraq as Hillary does. Kindly update your take on that?

Thanks,
Jeanne who is not a believer in messiahs of any kind either...;>
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