19 Replies to “The Decline And Fall Of The American Empire”

  1. It is kind of irrelevant anyway. The reported deficit of 1.3 trillion is not gaap based. The true gaap based number is closer to 5 trillion for 2011. That is the number any US business would have to post.

  2. Why would you need a budget when you’re spending someone else’s money?

  3. mike in white rock…so true.But I would add who needs a budget when you aren’t going to have an election anyways??

  4. “You don’t need a budget”
    That will make a fine epithet for the tombstone of America’s fiscal demise.

  5. Doesn’t surprise me. Their base has no need nor understands budgeting either.

  6. If this type of commie economics prevails for another 4 years the US will be in the hands of foreign debt holders – maybe that is a relief – from greed head commie leaders to financial robber barons. The robbers at least have a limit to their greed, the commie is never satisfied.

  7. “We already have an agreed-upon cap on spending.”
    LOL.
    Yes, one that keeps lifting by Obamba’s stroke of a pen.
    Mike nailed it.

  8. The fact is, Democrats don’t need a budget, because they’re going to spend however much they want to spend anyway!

  9. Robert Mugabe has never had a budget either.
    When you print money like you print toilet paper, what is the need for a budget?

  10. These guys say they will spend less on some super socialist future project then call that a massive tax cut.
    Socialism works as long as you don’t run out of “OPM” (other peoples money)

  11. A trillion here, a trillion there and pretty soon is adds up to real money.
    Hey the USA (Unfunded States of America) has become the WSA (Weimar States of America).
    It just a simple letter change folks, now move along.
    Over at DRUDGE the lead off story is:
    RYAN: SLASH ANOTHER $5.3 TRILLION
    Cheers
    Hans Rupprecht, Commander in Chief
    1st Saint Nicolaas Army
    Army Group “True North”

  12. “If he had a budget it would slow down his plan to ruin the US financially.
    Posted by: Rose at March 20, 2012 4:13 PM ”
    And his golf game when he would have to read it…oh wait.

  13. I wouldn’t want to run a popsicle stand without a budget, but apparently the largest fiscal entity the world has ever seen doesn’t need one.
    No wonder America’s credit rating will soon resemble a porn actress’s cup size.

  14. Why do Americans pay them to sit & do nothing. Sounds like our Patronage bunch in Canada.
    Privilege is tier Religion it seems.

  15. A budget before the election would only highlight the pending disaster under Obamas hope and change leadership. Obama will use the GOP message of restraint and cutbacks to show how he stands for the poor and middle class and will protect them, at any cost. Class warfare at its finest.It will come down to Romney and his millionaire buddies against the poor downtrodden in Obamas camp. This will not be a election involving common sense, logic or survival as a country. It will be a election of spin,ideology, brainwashing and postponing reality for 4 more years. From what I have seen coming from the left, there is enough support to ruin the USA for more than a few generations, if not forever. Unless the GOP wins there will be no more budgets for years to come. As the USA is a economic basket case and people will not vote to eliminate their freebees, I fear the worst. Just hope there are enough voters to understand what 4 more years of obama means.

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