Record Budget Deficit Expected in 2009

Nice work George, you took a record surplus and turned it into a record deficit.

The next president will inherit a record budget deficit of $482 billion, according to a new Bush administration estimate released Monday.

The administration said the deficit was being driven to an all-time high by the sagging economy and the stimulus payments being made to 130 million households in an effort to keep the country from falling into a deep recession.

But the numbers could go even higher if the economy performs worse than the White House predicts.

Also you need to remember that this deficit DOES NOT include the wars in Iraq and Afghanistan which are handled as supplemental expenses and are not included in the numbers.

This administration has destroyed the economic security for the next generation. We will soon see the baby boomers retiring without the pensions that their parents enjoyed. We will see a huge jump in the elderly living in poverty but the rich will have grown even richer. When will the American people wake up and understand that the middle class has become the working poor with a credit line and with credit so hard to come by soon they will just be the working poor. War, lies, poverty and corruption will be the words that define the Bush administration and we as a country will be paying the price for the next generation.

Bush Disapproval Highest In History

Finally a vast majority realizes that this mental midget is an unmitigated disaster as President.

A new poll suggests that President Bush is the most unpopular president in modern American history.
A CNN/Opinion Research Corp. survey released Thursday indicates that 71 percent of the American public disapprove of how Bush is handling his job as president.

"No president has ever had a higher disapproval rating in any CNN or Gallup Poll; in fact, this is the first time that any president's disapproval rating has cracked the 70 percent mark," said Keating Holland, CNN's polling director.

"Bush's approval rating, which stands at 28 percent in our new poll, remains better than the all-time lows set by Harry Truman and Richard Nixon [22 percent and 24 percent, respectively], but even those two presidents never got a disapproval rating in the 70s," Holland said. "The previous all-time record in CNN or Gallup polling was set by Truman, 67 percent disapproval in January 1952."

He still has a 28% approval rating which absolutely stuns me. Who are these 28%. The only one I seem to know is that bottled blond bimbo Elisabeth Hasselbeck of "The View". She supports this war because its not her family dying in it. Her husband is a third string quarterback who could stay home and watch the kids while she enlists. People like her make me sick but its people like her that support this moron.

John McCain is just more of the same so if you think you didn't like the original wait to see what new found hells a McCain presidency would bring.

President Bush and his administration have single handedly ruined this great nation by destroying its finances, its reputation and its standing in the world. He should have a 100% disapproval rating but he still has time to get to that point. He is without a doubt the worst, most unqualified Presdient in United States history. January 2009 can not come soon enough but only time will tell if its coming too late.

Scalia "Get Over It"

Hey Scalia try telling that to the families of all those who are dead as a result of this Bush Presidency. Imagine if it was your child killed in a war based on lies started by a moronic asshole that didn't even win the election. I bet you would think very differently but hey your kids would never be there. People like you make me sick.

Disapproval of Bush Breaks Record

What I find amazing is that his disapproval rating is not higher.

President Bush has set a record he'd presumably prefer to avoid: the highest disapproval rating of any president in the 70-year history of the Gallup Poll.
In a USA TODAY/Gallup Poll taken Friday through Sunday, 28% of Americans approve of the job Bush is doing; 69% disapprove. The approval rating matches the low point of his presidency, and the disapproval sets a new high for any president since Franklin Roosevelt.

The previous record of 67% was reached by Harry Truman in January 1952, when the United States was enmeshed in the Korean War.

Bush's rating has worsened amid "collapsing optimism about the economy," says Charles Franklin, a political scientist at the University of Wisconsin-Madison who studies presidential approval. Record gas prices and a wave of home foreclosures have fueled voter angst.

Bush also holds the record for the other extreme: the highest approval rating of any president in Gallup's history. In September 2001, in the days after the 9/11 attacks, Bush's approval spiked to 90%. In another record, the percentage of Americans who say the invasion of Iraq was a mistake reached a new high, 63%, in the latest poll.

Are the 28% who approve of this moron actually living in this country? Anyone with a brain understand that this is not just a failed presidency it is a worldwide disaster that has led to the deaths of hundreds of thousands or people. The lack of oversight has led to the financial meltdown we are currently experiencing. The country needs to have a national holiday celebrating the end of this reign of terror and idiocy.

I for one can't wait for this fool to go back to his fake ranch so we can recover from his fake presidency.

Company With Ties To Daddy Bush Defaults on Margin Calls

The Bush family has failed Savings and Loans under their belt, they have risen our national debt to astounding numbers and now a company with strong ties to Daddy Bush is defaulting on margin calls.

What a surprise that the first family has ties to bad business.

A bond fund managed by private equity firm Carlyle Group, revealed on Thursday that it has received a note of default after failing to meet several payment demands.

Shares of Carlyle Capital Corp. Ltd. plummeted more than 50% on the news that it had missed four out of seven margin calls totaling around $37 million on Wednesday. A margin call is a payment to guarantee a much larger debt or investment.

Carlyle Capital said one creditor has issued a default notice and it expects to receive a second such notice, adding to market worries about forced liquidations of residential mortgage-backed securities.

Carlyle Capital's difficulties will have "no material impact on the Carlyle Group or its funds," Christopher Ullman, a spokesman for Washington-based Carlyle Group, said. Carlyle Group, one of the world's largest private-equity firms with $76 billion under management, manages 55 funds in 21 countries.

As of last month, Carlyle Capital had a $21.7 billion investment portfolio of AAA-rated floating-rate capped U.S. mortgage-backed securities guaranteed by Fannie Mae and Freddie Mac.

Yields on some of those securities have plunged to their lowest levels in two decades after credit markets dried up.

Carlyle Capital Chief Executive John Stomber attempted to play down the situation, saying the past few days had created a market environment that did not fairly value the fund's assets.

"Unfortunately, this disconnect has created instability and variability in our repo financing arrangements," Stomber said in a statement. "Management is actively working with the company's repo counter-parties to develop more stable financing terms."

But the stock, which listed on the Euronext Amsterdam in July, dropped 58% to $5, giving the company a market capitalization of $255.4 million.

The fund originally sold shares at $19 each.

The company said that seven banks that help finance its portfolio of Freddie Mac and Fannie Mae securities through short-term repurchase agreements, known as repos, had asked for an additional $37 million on Wednesday to keep funding in place.

It met the requirements of three of those, who it said had indicated "a willingness to work with the company during these tumultuous times."

It gave no detail on the banks in question or which one had issued the default notice.

Carlyle Capital as recently as Monday had reassured investors on its funding lines, saying it had $2.4 billion in undrawn repo lines and that it had increased a credit facility provided by the parent by 50%, to $150 million.

Do you think the ties to the Bush family will get media attention? I doubt it.

Food Costs Jump 4.9% in 2007; Biggest Gain Since 1990

What is the similarity? Both times a Bush was President.

Inflation truly hit home in 2007 with food prices rising 4.9 percent, the most since 1990, as energy costs for farmers surged and the production of crops, livestock and dairy products failed to keep pace with increased global demand.

Dairy prices gained the most of all foods last year, with milk surging 19.3 percent, the Labor Department said Wednesday. Fruits and vegetables increased 5.9 percent and cereal and baked-goods prices rose 5.4 percent. Bread prices jumped 10.5 percent, according to the report.

Companies including Kellogg Co. and General Mills Inc., the largest U.S. cereal-producers, boosted prices as the cost of commodities such as wheat reached record highs.

"If they're going to pay more for food, people offset that by being more frugal users of food and looking at other parts of their spending where they feel they can cut back," said Michael Walden, an economics professor at North Carolina State University in Raleigh. "Likely that would be entertainment, electronics, higher-end clothing, vacations."

and why are food costs rising so quickly?

One of the driving forces for higher food prices was the rising cost of fuel. Farmers and ranchers, along with transport companies, felt the same pinch that many consumers did in 2007 as energy prices, which include gasoline and diesel fuel, rose 17.4 percent.

We attacked an oil rich nation for what most beleive was the oil, yet the vast majority of American people have reaped no gain from this endless and destructive war.

The American people have been screwed and not even kissed while the Bush cronies have laughed all the way to the bank over the bodies of the dead soldiers and Iraqi civilians. Are you finally fed up enough? You elected this murderous moron, not once but twice and this is the result. His father was a poor President, this one is the worst in American history.

Bush Keeping an Eye On The Economy

I needed a good laugh today. The mental midget is watching the economy!!

President Bush said Tuesday that he is watching very carefully to see if the struggling U.S. economy needs a short-term boost from the federal government.

"We're listening to different ideas about what may or may not need to happen," he said. "We'll work through this. We'll work through this period of time."

He wouldn't comment on any specific ideas he is considering, such as tax cuts aimed at lessening the chance of a recession. "We'll look at all different options."

The only thing this idiot seems to understand is tax cuts. With some luck this asshole will run the national deficit up to $10 trillion dollars and collapse the entire financial system of the country before he leaves office. The legacy of failure continues.

Bush In Mouth Disease

Aren't you proud to call this man the President of the United States? Watch this and you will realize why he is a worldwide joke.

Bush To Travel To Repair US Image

I thought this was some sort of joke.

President George W. Bush's diplomatic passport will acquire a slew of new country stamps during his final year in office as he tries to rebuild the U.S.'s international standing and create a foreign-policy legacy beyond Iraq.

The president plans trips to the Middle East, Africa, Asia and South America, which would make 2008 his busiest year abroad. While his major domestic initiatives may get stalled by a Democratic majority in Congress and the gridlock caused by election-year politics, he still has an opportunity to exert his influence overseas.

``When it comes to foreign policy, he's not a lame duck; he can do a lot,'' said Richard Haass, president of the Council on Foreign Relations, who served as director of policy planning at the State Department until June 2003.

Bush, 61, came into the White House promising a humble foreign policy and eschewing nation-building and foreign entanglements. That changed after the Sept. 11 attacks, when he adopted a style supporters hail as visionary and critics call cowboy diplomacy.

While the president will strive to strengthen alliances, it won't come at the expense of continuing to prosecute the war on terror, said Jim Jeffrey, the deputy White House national security adviser.

``We want to be well-perceived in the world,'' Jeffrey said in an interview. ``But more importantly, we want to formulate policies that will protect the American people.''

This moron thinks anyone will take him seriously? He is one of the most hated men in the world today. Who would listen to a word that comes out of his lying mouth? If he really wants to repair our imagine in the world he should retire and go read "My Pet Goat" for the remainder of his miserable life. That is a better outcome than the hundreds of thousands that are dead as a result of his lies.

Bush as a diplomat is like Amy Winehouse as a drug counselor.

Bush Says Economy Is Sound

Once again Bush can not see what is right in front of his face.

President Bush worked to reassure Americans on Monday about the economy but said "there's definitely some storm clouds and concern" because of the nation's credit crunch and mortgage problems.

"But the underpinning is good," Bush told business and community leaders at a gathering of Rotary Club members.

"We've had a pretty good economic run," the president said in a speech intended to show he is aware of the public's edgy mood these days. Consumer confidence has eroded as turmoil in the housing and credit market have battered the economy.

Bush tried to position himself as an advocate for working families by taking aim at his favorite target: the Democratic Congress.

"The Congress cannot take economic vitality for granted," Bush said.

"The most negative thing Congress can do in the face of economic uncertainty is to raise taxes on the American people," Bush said.

The one trick pony of tax breaks is all this fool has. It is his economic policies that have pushed our national debt to over $9 trillion dollars and forced the federal reserve into a juggling act to keep us out of a severe recession.

He neglected to tell this crowd that lower interest rates and a falling dollar are a prescription for disaster. How can you finance your debt and ask those that finance it to accept so little return if not a loss on their money. That is the economic legacy of this moron. The chickens are about to come to roost and its going to get very ugly.

Bush Screws Nations Children Again

This man truly is a nasty piece of dirt.

President Bush vetoed legislation Wednesday that would have expanded government-provided health insurance for children, his second slap-down of a bipartisan effort in Congress to dramatically increase funding for the popular program.

In a statement notifying Congress of his decision, Bush said the bill was unacceptable because — like the first one — it allows adults into the program, would cover people in families with incomes above the U.S. median and raises taxes.

"This bill does not put poor children first, and it moves our country's health care system in the wrong direction," Bush's statement said. "Ultimately, our nation's goal should be to move children who have no health insurance to private coverage, not to move children who already have private health insurance to government coverage."

There is always enough money for war and tax cuts but expanded childrens health programs are unaffordable. Has this fool ever priced health care? A family of four making $75,000 and living in NY could not afford private health care.

This man makes me sick to my stomach. January 2009 can not come soon enough.

Democrats Cave Again

It really is time for a third political party.

Democratic lawmakers and staffers privately say they're closing in on a broad budget deal that would give President Bush as much as $70 billion in new war funding.

The deal would lack a key provision Democrats had attached to previous funding bills calling for most U.S. troops to come home from Iraq by the end of 2008, which would be a significant legislative victory for Bush.

Democrats admit such a move would be highly controversial within their own party. Coming just weeks after House Speaker Nancy Pelosi, D-California, vowed the White House would not get another dollar in war money this year, it would further antagonize the liberal base of the party, which has become frustrated with the congressional leadership's failure to push back on Bush's Iraq policy.

I don't understand why the Democrats constantly cave into this fool. His approval rating is 28% while the Democratically controlled Congress is even less. Don't they realize it is so low because they are seen as useless wimps.

It is time for a third party in this country. One that represents the good of the middle and lower classes. It is really sad to say that the best party for the future of this country right now is the Democrats. What does that say for the Republicans and the political process in this country when our best hope is a party of scared fools who can't stand up to the most unpopular and worthless President we have had in our history?

Bush Finally Calls Musharraf

Bush finally talks to Musharraf.For four days after Pakistan President Pervez Musharraf declared a state of emergency in Pakistan, President Bush refused to directly contact Musharraf. Reuters reports that Bush has finally made the call:

U.S. President George W. Bush said on Wednesday he had spoken to Pakistani President Pervez Musharraf and urged him to both hold elections and give up his military post.

"My message was that we believe strongly in elections and that you ought to have elections soon and you need to take off your uniform. You can’t be the president and the head of the military at the same time," Bush said at a joint news conference with French President Nicolas Sarkozy. "I had a very frank discussion with him," Bush said.

Its nice that this fool finally got involved in the Pakistan crisis. I thought he would wait until the nukes were firmly in Osama's hands. Worst President Ever.

Iraq War's Creeping Costs

The Iraq war may be funded largely with Uncle Sam's borrowed cash, but don't think American consumers will escape without taking a hit in the wallet.

The nation has spent $415 billion in Iraq and another $190 billion since 2001 fighting the "war on terror," which includes the fighting in Afghanistan, according to a recent report from the Congressional Budget Office, Congress' nonpartisan research arm.

That number could grow substantially. The CBO estimated in August that the total could hit $1 trillion by 2013 and that's if nearly two-thirds of the 210,000 troops now deployed are brought home.

On Wednesday, CBO Director Peter Orszag is scheduled to testify on Capitol Hill and is expected to say that those numbers have been revised higher.

In addition, Senate Budget Committee Chairman Kent Conrad said recently that a long-term "Korea-like" presence in Iraq could end up costing $2.5 trillion, or enough to cover half the estimated shortfall in Social Security due to retiring baby boomers.

Remember this war when they tell us that they need to cut social security benefits. Instead of caring for our own citizens we wasted trillions of dollars on war and countless lives to satisfy this vindictive and stupid President. If you still support this man then you are truly stupid.

George W. Bush's Job Approval Rating Drops to 25%

What do Richard Nixon and George W. Bush have in common?

George W. Bush's overall job approval rating has dropped to 25% as nearly seven in ten Americans say the national economy is getting worse according to the latest survey from the American Research Group. This matches the lowest approval rating for Bush recorded by the American Research Group.

Among all Americans, 25% approve of the way Bush is handling his job as president and 67% disapprove. When it comes to Bush's handling of the economy, 23% approve and 67% disapprove.

Among Americans registered to vote, 26% approve of the way Bush is handling his job as president and 67% disapprove. When it comes to the way Bush is handling the economy, 25% of registered voters approve of the way Bush is handling the economy and 67% disapprove.

Approval among Republicans has dropped back to 67%. In September, 80% of Republicans approved of the way Bush was handling his job. In August, 66% of Republicans approved of the way Bush was handling his job.

The results presented here are based on 1,100 completed telephone interviews conducted among a nationwide random sample of adults 18 years and older. The interviews were completed October 18 through 21, 2007. The theoretical margin of error for the total sample is plus or minus 2.6 percentage points, 95% of the time, on questions where opinion is evenly split.

Overall, 25% of Americans say that they approve of the way George W. Bush is handling his job as president, 67% disapprove, and 8% are undecided.

Who are the 25% who still agree with this moronic fool? You have to wonder about their sanity or their intellect. Republican still support this fool by large numbers. What does that tell you about Republicans? Is it simply not admintting that you made a mistake or do they really feel everything is going so well? I would love to have a conversation with someone that supports this fool and see if I can understand what they are so supportive of.

Bush Gives The Middle Finger To Nations Poor Children

If you needed any further proof that this President is out of touch with reality, here it is.

President Bush on Wednesday vetoed legislation expanding a children's health insurance program by $35 billion over five years.

Bush quietly exercised the veto at 10 a.m. before leaving the White House for a trip to Lancaster, Pennsylvania, to discuss the federal budget and taxes.

Congress sent the legislation expanding the State Children's Health Insurance Program, or SCHIP, to the White House on Tuesday.

"It is our hope and the will of the American people that the president will sign the bill into law on behalf of the future. It is right for no less than 10 million reasons -- our children," Senate Majority Leader Harry Reid and House Speaker Nancy Pelosi said in a joint statement.

The Senate voted 67-29 Thursday to expand the program. Bush has said it's a step toward universal coverage, which he opposes on philosophical grounds.

The program would double -- from 4 million to 8 million -- the number of children covered.

Eighteen Republicans joined all of the Democrats in voting to expand the program from its annual budget of $5 billion to $12 billion for the next five years.

The additional costs were to be largely paid for by additional taxes on cigarettes unlike the endless war which is borrowed funds and will have to be paid for by the same children he just refused health care.

President Bush is the worst President in United States history. 2009 can not come soon enough. Lets hope there is something left to salvage. The only silver lining is that George W. Bush is driving the Republican Party off the cliff.

War Money Yes, Child's Health Care No

US Defense Secretary Robert Gates is seeking nearly 190 billion dollars to fund the wars in Iraq and Afghanistan in 2008, the largest war funding request ever in the six-year-old "war on terror," the Pentagon said Wednesday.

Gates was scheduled to testify later before a Senate committee on the request, which was 42.3 billion dollars greater than the administration's estimate when it presented its 2008 budget request in February.

"This additional 42.3 billion dollars puts us at just under 190 billion dollars for the global war on terror supplemental request for 2008 -- 189.3 billion dollars," said Geoff Morrell, the Pentagon press secretary.

So $189 Billion dollars for war is necessary but children's health care is not. The House overwhelmingly passed an increase in the State Children's Health Insurance Program but the President has promised a veto.

Democrats clearly believe they have a winning issue with the State Children's Health Insurance Program legislation, so they're pulling out all the props. Yesterday, children were brought to press conferences around Washington. On the heels of a resounding 265-159 approval in the House last night, it was the Senate's chance to turn up the heat on President Bush, who has threatened to veto the $35 billion increase in children's health insurance funding.

This is an example of the President's priorities. There is always enough money for war but never enough to help the citizens of the country who will pay for the war for a generation.

The $189 billion requested is not part of the national deficit. It is done as a supplemental spending bill and is not included in yearly fiscal deficit numbers. When you hear the deficit has fallen remember that not everything is counted. The math is dishonest as is everything associated with this administration.

The American people need to stand up and demand an end to this war and the fiscal ruination that is being slowly perpetrated. Until we fully understand the strangehold of the military industrial complex on our government, we will forever be involved in military conflicts that enrich the few at the expense of many.

Bush To Nations Poor Children - Screw You

Why is it that there is never a question about the Iraq War being too expensive?

President Bush again called Democrats "irresponsible" on Saturday for pushing an expansion he opposes to a children's health insurance program.

"Democrats in Congress have decided to pass a bill they know will be vetoed," Bush said of the measure that draws significant bipartisan support, repeating in his weekly radio address an accusation he made earlier in the week. "Members of Congress are risking health coverage for poor children purely to make a political point."

In the Democrat's response, also broadcast Saturday, Pennsylvania Gov. Ed Rendell turned the tables on the president, saying that if Bush doesn't sign the bill, 15 states will have no funding left for the program by the end of the month.

At issue is the Children's Health Insurance Program, a state-federal program that subsidizes health coverage for low-income people, mostly children, in families that earn too much to qualify for Medicaid, but not enough to afford private coverage. It expires Sept. 30.

This President is an immoral fool. Health care for poor and lower income children is bad but no bid contracts for Halliburton and Blackwater are neccessary. Where is his outrage when it is proven that Halliburton has overcharged the American taxpayer? Where is his outrage that $9 billion dollars is missing in Iraq? Where is his outrage that after billions have been spent on reconstruction that cholera is now in Baghdad as a result of unclean water? Where is his outrage that after billions of dollars in contracts, they still have nearly no electricity in most parts of Iraq? Where is his outrage after his close friend Ray L. Hunt sealed a deal for Iraqi Oil.

President Bush is the WORST damn President in our history. His corruption knows no bounds. I dare him to veto this bill and tell the nations poor children that they mean nothing to him. He is no better than the corrupt despots he rails against and in some ways he is worse. January 2009 can not come soon enough for the American people and for the rest of the world who see this fool for what he is - an incompetent corrupt sociopath.

How Bush Became The New Saddam

Read this article from Canada's Maclean Magazine.

Bush says Troops Will Be In Iraq After He Leaves Office

Bush Orders Gradual Troop Cuts in Iraq

President Bush, defending an unpopular war, ordered gradual reductions in U.S. forces in Iraq on Thursday night and said, "The more successful we are, the more American troops can return home."

Yet, Bush firmly rejected calls to end the war, insisting that Iraq will still need military, economic and political support from Washington after his presidency ends.

Bush said that 5,700 U.S. forces would be home by Christmas and that four brigades _ for a total of at least 21,500 troops _ would return by July, along with an undetermined number of support forces. Now at its highest level of the war, the U.S. troop strength stands at 168,000.

"The principle guiding my decisions on troop levels in Iraq is: return on success," the president said, trying to summon the nation's resolve once again to help Iraq "defeat those who threaten its future and also threaten ours."

Basically what he said is that we will eventually get to pre-surge troop levels but we will maintain a 130,000 troop force until at least he leaves office. It is time for the American people to say enough is enough and that not one more American life is worth being lost in this disaster.

There has been no measurable progress in Iraq no matter what General Petraeus,"the ass-kissing little chickenshit" tell us. Petraeus's superior, Admiral William Fallon, chief of the Central Command(Centcom) needs to be called before Congress to give his sworn testimony.

His version of the situation on the ground is much different than General Petraeus who may have designs on the Presidency of the United States. Just what we need, someone else using the troops as props for political reasons.