30. October 2008 by admin.

From Human Events.com:
This new spending, if enacted, would represent an almost 10% increase over the President’s FY 2009 budget.

• This $300 billion spending proposal would cost more than 42 states’ budgets combined (general fund expenditures).

• It is more than the United States spent last year on imported oil ($294 billion net).

• It is more than 60% larger than any one-year federal spending increase, ever.

An initial draft of the Amendment which was obtained by HUMAN EVENTS shows its purpose of “raisi(ng) taxes by an unprecedented $1.4 trillion for the purpose of fully funding 111 new or expanded federal spending programs” and, referencing S. Con. Res. 70, the Fiscal Year 2009 budget proposal, lists 111 items in the format of “On page 11, line 4, increase the amount by $5,120,000,000.”

According to Senator Allard’s communications director, Steve Wymer, “This amendment is obviously somewhat tongue-in-cheek. But if leaders in the Democratic Party are going to propose billions…or trillions…of dollars of new spending, at least let’s be honest about it.”
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Obama claims all his new spending is “more than paid for” in cuts. How can that be?

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30. October 2008 by admin.

In Barack Obama’s obamercial, he claimed that the collapse of the markets was through 8 years of bad policies. The crunch was triggered by the collapse of major gse- government subsidised entities- Our website has documention on this, as our regular visitors know. Here is a John Mccain ad outlining Obama’s conenction to one of the major architects of that collapse, a man who made millions of dollars in a few short years, Frak Raines.

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