humanities.philosophy.objectivism

On Feb 22, 6:12 pm, Charles Bell wrote:
> Accrual accounting" (basically discounting FICA revenue) is only a part
> of the final audit which showed deficits in excess of $500
> billion per those years, not including the true liability of Social
> Security accounts or government pension funds

OK....let's ignore the establishments definition of surplus and run
with your personal definition for moment. What does it say about
Bush's label of "conservative" versus Clinton's alleged label of
liberal? Again.... in one year alone......

"The set the government doesn't talk about is the audited financial
statement produced by the government's accountants following standard
accounting rules. It reports a more ominous financial picture: a $760
billion deficit for 2005. If Social Security and Medicare were
included -- as the board that sets accounting rules is considering --
the federal deficit would have been $3.5 TRILLION."

http://www.usatoday.com/news/washington/2006-08-02-deficit-usat_x.htm

Bush still dug you in far far bigger hole than Clinton. You know
3.5 trillion of additional debt works out to roughly $10,000 bucks of
debt for every man, woman, and child in America (+ future interest) in
ONLY ONE YEAR OF BUSH DEFICITS. (and of course that doesn't include
all the money you already own) . You could have paid in full for
yourself, your wife, and your two kids, EACH a decent used economy car
with that money. The credit crunch isn't the only reason the
American currency has tanking recently. You should have elected Buffet
instead of Bush Republicans for President.

Be stubborn about it over pride though. When you pull the leaver in
08, vote for the same group of violent "conservative" knuckleheads
that got your country into so many pickles on so many fronts. Do it to
prove to yourself you are incapable of making serious lapses in
judgment.