Fiscal restraint? We don't need no fiscal restraint!!

[quaoar]

http://www.washingtonpost.com/wp-dyn/articles/A60963-2004Nov18.html

The collapse of statutory restraints on the growing budget deficit has alarmed Wall Street, befuddled the Treasury Department and elicited calls for a rethinking of the way the government handles its authority to tax its citizens and spend those proceeds.

"The fact is, very little is left in any real form or substance," said Robert D. Reischauer, a former director of the Congressional Budget Office, now president of the Urban Institute.

With last night's passage of the debt ceiling increase, the government's borrowing limit has climbed by $2.23 trillion since President Bush took office: by $450 billion in 2002, by a record $984 billion in 2003 and by $800 billion this year. Just the increase in the debt ceiling over the past three years is nearly 2 1/2 times the entire federal debt accumulated between 1776 and 1980.

A recession, a sluggish economy and five tax cuts in four years -- coupled with soaring defense spending on wars in Iraq and Afghanistan and rising domestic spending -- have turned record surpluses that Bush inherited into a record deficit of $413 billion in the past fiscal year.

[Lucky Luciano]

1. Does our administration

and its great leader have a massive short position on the American dollar along with futures and options against the dollar in favor of the Euro? I mean, this fiscal irresponsibility is going to continue to tank the dollar - if they have massive short positions, they will make (have made) big BUXXXXXXXS!

[gumby]

2. Well, that's a good start.

But the neocon-religofascist agenda merges to bring this government down. What better way to do that than bankruptcy?

A bankrupt USA serves both their purposes. A purposely bankrupt USA "starves" the gummit and eliminates ALL social programs while sending the masses off to the churches where they must accept right-wing Jesus before they eat. Couldn't be simpler. Got it?