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	<title>Comments on: Obama&#039;s Budget Adds $1 Trillion in Taxes, Balloons Federal Deficit</title>
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	<link>http://moneymorning.com/2010/02/02/obama-budget-deficit/</link>
	<description>Global Investment News</description>
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		<title>By: David Merewether</title>
		<link>http://moneymorning.com/2010/02/02/obama-budget-deficit/comment-page-1/#comment-12626</link>
		<dc:creator>David Merewether</dc:creator>
		<pubDate>Thu, 04 Feb 2010 13:05:33 +0000</pubDate>
		<guid isPermaLink="false">http://moneymorning.com/?p=16416#comment-12626</guid>
		<description>It is appropriate to blame Bush for deficit spending in 2001 to 2006.  But it is to the future we should direct our attention. President Obama is a spender on steroids. A 10% pay raise for mosrl government workers who already make 50% more that the private sector worker is not justified and only one example of budget foolishness.</description>
		<content:encoded><![CDATA[<p>It is appropriate to blame Bush for deficit spending in 2001 to 2006.  But it is to the future we should direct our attention. President Obama is a spender on steroids. A 10% pay raise for mosrl government workers who already make 50% more that the private sector worker is not justified and only one example of budget foolishness.</p>
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		<title>By: john l venter</title>
		<link>http://moneymorning.com/2010/02/02/obama-budget-deficit/comment-page-1/#comment-12539</link>
		<dc:creator>john l venter</dc:creator>
		<pubDate>Wed, 03 Feb 2010 12:36:38 +0000</pubDate>
		<guid isPermaLink="false">http://moneymorning.com/?p=16416#comment-12539</guid>
		<description>No progress will ever be made in Washington without meaningful campaign finance reform.  Until then, we will face continued problems with our lawmakers enacting laws and regulations intended to benefit those who contribute the most.  Case in point: the recent exclusion of unions from tax increases everyone else has to live with.  Perhaps it&#039;s time for voters to seriously consider the independant parties as a viable alternative to business as usual on Capitol Hill.</description>
		<content:encoded><![CDATA[<p>No progress will ever be made in Washington without meaningful campaign finance reform.  Until then, we will face continued problems with our lawmakers enacting laws and regulations intended to benefit those who contribute the most.  Case in point: the recent exclusion of unions from tax increases everyone else has to live with.  Perhaps it's time for voters to seriously consider the independant parties as a viable alternative to business as usual on Capitol Hill.</p>
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		<title>By: Bruce M. Simons</title>
		<link>http://moneymorning.com/2010/02/02/obama-budget-deficit/comment-page-1/#comment-12505</link>
		<dc:creator>Bruce M. Simons</dc:creator>
		<pubDate>Tue, 02 Feb 2010 20:51:43 +0000</pubDate>
		<guid isPermaLink="false">http://moneymorning.com/?p=16416#comment-12505</guid>
		<description>Read &quot;Shock Doctrine&quot;</description>
		<content:encoded><![CDATA[<p>Read "Shock Doctrine"</p>
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		<title>By: francis fournier</title>
		<link>http://moneymorning.com/2010/02/02/obama-budget-deficit/comment-page-1/#comment-12487</link>
		<dc:creator>francis fournier</dc:creator>
		<pubDate>Tue, 02 Feb 2010 17:03:52 +0000</pubDate>
		<guid isPermaLink="false">http://moneymorning.com/?p=16416#comment-12487</guid>
		<description>If we are not a socialist country by the time obama servers his first term, it will only be a miricale from GOD.  we all should stop paying taxes until obama provides a valid birth certificate.  If the gov can&#039;t set an example why should we?  He is more racist than david duke and the klu klux clan.  There is so much more, but i am so aggervated it p---- me off.
We need to vote out or impeach all in power now.  

GOD                                               BLESS                                        AMERICA</description>
		<content:encoded><![CDATA[<p>If we are not a socialist country by the time obama servers his first term, it will only be a miricale from GOD.  we all should stop paying taxes until obama provides a valid birth certificate.  If the gov can't set an example why should we?  He is more racist than david duke and the klu klux clan.  There is so much more, but i am so aggervated it p&#8212;- me off.<br />
We need to vote out or impeach all in power now.  </p>
<p>GOD                                               BLESS                                        AMERICA</p>
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		<title>By: A. Pearsall</title>
		<link>http://moneymorning.com/2010/02/02/obama-budget-deficit/comment-page-1/#comment-12486</link>
		<dc:creator>A. Pearsall</dc:creator>
		<pubDate>Tue, 02 Feb 2010 16:55:27 +0000</pubDate>
		<guid isPermaLink="false">http://moneymorning.com/?p=16416#comment-12486</guid>
		<description>&quot;What has happened to America?&quot; George W. Bush happened to America. Tax cuts + two unfunded, off-budget, and unprecedentedly expensive foreign wars + unfunded Medicare expansion (to buy votes in &#039;04) + his boy Alan Greenspan&#039;s ideology-based belief that bankers would NEVER allow their own greed to overwhelm the system = the majority of our enormous debt.

You can argue all you want about the guy who only took office last year, in the middle of a fiscal catastrophe. You can talk about &quot;never run a corner gas station&quot; and forget about the spoiled-frat-boy president who started at the top of society and failed upward all the way to the White House because his name was Bush and his family is saturated in wealth and political power. Obama by contrast made it to the presidency from being a mixed-race latchkey kid living in an apartment with his divorced mom out in Hawaii--I think I know who demonstrated more character, intelligence, and drive. That&#039;s not even close! After we&#039;re dead and the Chinese historians are writing about the decline of the half-witted American Empire, the president (named Bush) who increased our borrowing from China by something like tenfold in the course of eight years is going to come in for a scathing review. 

I&#039;m sick and tired of Republicans hiding from the facts about what THEIR party did to this country, particularly the disasters they set up between 2000-2006 when they controlled the White House and both houses of congress. BTW, I&#039;m a small-business owner too, and we&#039;ve struggled through this fiasco as well, but I don&#039;t take the easy way out of avoiding real analysis and being another dittohead on the pile.</description>
		<content:encoded><![CDATA[<p>"What has happened to America?" George W. Bush happened to America. Tax cuts + two unfunded, off-budget, and unprecedentedly expensive foreign wars + unfunded Medicare expansion (to buy votes in '04) + his boy Alan Greenspan's ideology-based belief that bankers would NEVER allow their own greed to overwhelm the system = the majority of our enormous debt.</p>
<p>You can argue all you want about the guy who only took office last year, in the middle of a fiscal catastrophe. You can talk about "never run a corner gas station" and forget about the spoiled-frat-boy president who started at the top of society and failed upward all the way to the White House because his name was Bush and his family is saturated in wealth and political power. Obama by contrast made it to the presidency from being a mixed-race latchkey kid living in an apartment with his divorced mom out in Hawaii&#8211;I think I know who demonstrated more character, intelligence, and drive. That's not even close! After we're dead and the Chinese historians are writing about the decline of the half-witted American Empire, the president (named Bush) who increased our borrowing from China by something like tenfold in the course of eight years is going to come in for a scathing review. </p>
<p>I'm sick and tired of Republicans hiding from the facts about what THEIR party did to this country, particularly the disasters they set up between 2000-2006 when they controlled the White House and both houses of congress. BTW, I'm a small-business owner too, and we've struggled through this fiasco as well, but I don't take the easy way out of avoiding real analysis and being another dittohead on the pile.</p>
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		<title>By: John Pasquinade</title>
		<link>http://moneymorning.com/2010/02/02/obama-budget-deficit/comment-page-1/#comment-12480</link>
		<dc:creator>John Pasquinade</dc:creator>
		<pubDate>Tue, 02 Feb 2010 15:56:50 +0000</pubDate>
		<guid isPermaLink="false">http://moneymorning.com/?p=16416#comment-12480</guid>
		<description>You&#039;ve conflated debt and deficit.

&quot;pushing the debt as a percentage of GDP up to 77%&quot; or
&quot;To keep the deficit to below 77% of GDP&quot;

Is it the debt or deficit that is 77% of GDP?  Not very good for you cred.</description>
		<content:encoded><![CDATA[<p>You've conflated debt and deficit.</p>
<p>"pushing the debt as a percentage of GDP up to 77%" or<br />
"To keep the deficit to below 77% of GDP"</p>
<p>Is it the debt or deficit that is 77% of GDP?  Not very good for you cred.</p>
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		<title>By: Roger Wickes</title>
		<link>http://moneymorning.com/2010/02/02/obama-budget-deficit/comment-page-1/#comment-12476</link>
		<dc:creator>Roger Wickes</dc:creator>
		<pubDate>Tue, 02 Feb 2010 15:02:53 +0000</pubDate>
		<guid isPermaLink="false">http://moneymorning.com/?p=16416#comment-12476</guid>
		<description>I encourage everyone reading this to send an email to your congressman an urge them to pass a $2.2 Trillion dollar budget this year.  It&#039;s high time we started to live within our means.</description>
		<content:encoded><![CDATA[<p>I encourage everyone reading this to send an email to your congressman an urge them to pass a $2.2 Trillion dollar budget this year.  It's high time we started to live within our means.</p>
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		<title>By: BigMike</title>
		<link>http://moneymorning.com/2010/02/02/obama-budget-deficit/comment-page-1/#comment-12474</link>
		<dc:creator>BigMike</dc:creator>
		<pubDate>Tue, 02 Feb 2010 15:00:43 +0000</pubDate>
		<guid isPermaLink="false">http://moneymorning.com/?p=16416#comment-12474</guid>
		<description>I am a small business owner who has been taxed heavily over the past years. I started the company in 1995 and I was thinking I was finally going to finally reap some rewards. Now I am just trying to stay in business. What many people do not understand is that the money a small business makes falls down to the owners personal taxes. It is not like we can pull all this profit out and keep for yourself - we invest in our company. Over the past few years I have had to pull about 40% of each years profit out to just pay my taxes. Then I get hit with AMT, my kids get zero student aid for college and I do not qualify for the stimulus. It is like getting stabbed with a knife over and over. If OWE-Bama ever even ran a corner gas station for a month he would maybe understand the hard work and effort it takes to run a small business. To come out and blame everything on the last decade and have this outrageous budget is sickening! I watched the State of the Union Address and was thinking that 200+ years ago we had people like Thomas Jefferson, George Washington, Benjamin Franklin, etc. Now we have Joe Biden, Nancy Pelosi, Barney Franks. What has happened to America??????</description>
		<content:encoded><![CDATA[<p>I am a small business owner who has been taxed heavily over the past years. I started the company in 1995 and I was thinking I was finally going to finally reap some rewards. Now I am just trying to stay in business. What many people do not understand is that the money a small business makes falls down to the owners personal taxes. It is not like we can pull all this profit out and keep for yourself &#8211; we invest in our company. Over the past few years I have had to pull about 40% of each years profit out to just pay my taxes. Then I get hit with AMT, my kids get zero student aid for college and I do not qualify for the stimulus. It is like getting stabbed with a knife over and over. If OWE-Bama ever even ran a corner gas station for a month he would maybe understand the hard work and effort it takes to run a small business. To come out and blame everything on the last decade and have this outrageous budget is sickening! I watched the State of the Union Address and was thinking that 200+ years ago we had people like Thomas Jefferson, George Washington, Benjamin Franklin, etc. Now we have Joe Biden, Nancy Pelosi, Barney Franks. What has happened to America??????</p>
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		<title>By: Martin</title>
		<link>http://moneymorning.com/2010/02/02/obama-budget-deficit/comment-page-1/#comment-12465</link>
		<dc:creator>Martin</dc:creator>
		<pubDate>Tue, 02 Feb 2010 12:26:33 +0000</pubDate>
		<guid isPermaLink="false">http://moneymorning.com/?p=16416#comment-12465</guid>
		<description>What a sad world we live in where our own government can&#039;t balance it&#039;s books and still raises the taxes for the rich.  What is the point of trying to better yourself in your career if all you face is taxes and death?</description>
		<content:encoded><![CDATA[<p>What a sad world we live in where our own government can't balance it's books and still raises the taxes for the rich.  What is the point of trying to better yourself in your career if all you face is taxes and death?</p>
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