bismi-lLahi-rRahmani-rRahiem
In the Name of Allah, the Compassionate, the Merciful
=== News Update ===
White House Moron will have USA at war in Afghanistan, Pakistan, Iran, and Iraq
The “war on terror” will never end, because the moronic US government has defined everyone who resists US hegemony as a “terrorist”
A banana republic by 2012? Change for the Worse
By Paul Craig Roberts
March 01, 2009
http://www.vdare.com/roberts/090301_change.htm
President Obama has presented the most irresponsible budget in US history. His fiscal year 2010 budget projects federal spending of $3.5 trillion and a federal deficit of $1.75 trillion. In other words, 50 percent of the government’s budget consists of red ink.
And Americans are angry that sub-prime borrowers took mortgages they couldn’t afford.
The bald fact is that the US government is going to have to borrow–or print–half of the money it intends to spend in Obama’s first budget. This fact has fallen through the cracks as New York Times headlines proclaim “A Bold Plan Sweeps Away Reagan Ideas.” It certainly does sweep away Reagan ideas. No Reagan budget ever presumed that the federal government could borrow half of its annual expenditures. Indeed, Obama’s budget deficit for 2010 alone exceeds the totality of “Reagan Deficits” for Reagan’s two terms of office.

