TIP: Click on subject to list as thread! ANSI
echo: crossfire
to: JEFF BINKLEY
from: TIM RICHARDSON
date: 2009-01-07 05:35:00
subject: Trillion dollar dedicits

On 01-07-09, JEFF BINKLEY said to ALL:


A couple of things:


JB>Just remember, change is coming, from bad to worse...


JB>JANUARY 7, 2009 Obama Pushes States to Cover More Unemployed


JB>By JONATHAN WEISMAN

JB>WASHINGTON -- President-elect Barack Obama plans to offer states $7
JB>billion as incentive to permanently change their unemployment-insurance
JB>laws to cover part-time workers and prevent other laid-off workers from
JB>falling through cracks in the coverage.


I don't know how many other states are in the same boat.....but California is
around 30 billion or more in the red. California is also firmly in the hands
of democrats, and has been for many years.


JB>But the proposal, along with others to subsidize health insurance for
JB>the laid-off and expand Medicaid to out-of-work Americans, are sparking
JB>bipartisan concern over the potential, long-term impact on a federal
JB>budget deficit that is expected to hit $1 trillion this year, even
JB>before the stimulus plan.


JB>A new Congressional Budget Office forecast due out Wednesday is expected
JB>to put the fiscal 2009 deficit at about $1 trillion, more than double
JB>the $438 billion in red ink CBO foresaw in September.


The vast amounts of debt Hussein and his new administration will run up will
no doubt be attributed to George W. Bush.


By the way......I've seen some media noise about Al Qaida already blaming
Hussein for the situation in Gaza, and Hussein hasn't even been sworn in yet!


He's going to have to hit the ground running.....like the minute he takes his
hand off the bible and the applause dies down!






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