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Review of Politics, Economics, Constitution, Law and World Affairs by Attorney and Doctor Orly Taitz


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When the people fear their government, there is tyranny.
When the government fears the people, there is liberty.

-- Thomas Jefferson

During times of universal deceit, telling the truth
becomes a revolutionary act.
 -- George Orwell

First they ignore you, then they ridicule you, then they
fight you, then you win.
 -- Mahatma Gandhi


Will you ask a failing student to help you with your homework?

Posted on | April 24, 2011 | 1 Comment

LloydBentsen.jpg Lloyd Bentsen Texas January 20, 1993 December 22, 1994 Bill Clinton
70 Pr4262ls-treasury-rubin.jpg Robert Rubin New York January 11, 1995 July 2, 1999
71 Lawrence Summers Treasury portrait.jpg Lawrence Summers Massachusetts July 2, 1999 January 20, 2001
72 OneilllPaul.jpg Paul O’Neill Pennsylvania January 20, 2001 December 31, 2002 George W. Bush
73 John W. Snow.jpg John W. Snow Virginia February 3, 2003 June 30, 2006
74 Henry Paulson official Treasury photo, 2006.jpg Henry Paulson Illinois July 10, 2006 January 20, 2009
75 Timothy F. Geithner Timothy Geithner New York January 26, 2009 present Barack Obama
Fiscal
Year
Year
Ending
National Debt Deficit
FY1993  09/30/1993  $4.411488 trillion  
FY1994  09/30/1994  $4.692749 trillion  $281.26 billion
FY1995  09/29/1995  $4.973982 trillion  $281.23 billion
FY1996  09/30/1996  $5.224810 trillion  $250.83 billion
FY1997  09/30/1997  $5.413146 trillion  $188.34 billion
FY1998  09/30/1998  $5.526193 trillion  $113.05 billion
FY1999  09/30/1999  $5.656270 trillion  $130.08 billion
FY2000  09/29/2000  $5.674178 trillion  $17.91 billion
FY2001  09/28/2001  $5.807463 trillion  $133.29 billion

                   Today I flipped some channels to see, what is on in terms of political and economic news. I could not take it for too long, particularly as it came to Fareed Zacharia on CNN. He invited Robert Rubin and Paul O’Neil, former secretaries of treasury, to give some advise on our economy and debt reduction.

There were a couple of admissions on their part, that are worth listening to, particularly and admission by Rubin that real unemployment is not 8.8% as reported, but 16%.  When a liberal dem is admitting that a fellow liberal dem is running 16% real unemployment, it is a sure sign, that is is higher than that. In places like Michign and CA real unemployment is probably over 20%.

What got to me, is the fact that they were invited as experts. Experts in what? In failure. It is widely accepted by the liberal media that Clinton balanced the budget and ran surplus. This is not true.

When Clinton took office, National debt was $4 trillion. When he left office, it was 5.6 trillion. Clinton increased National debt by 40%.

Bush JR started with 5.6 trillion and ended with 9.6 trillion. He increased national debt by 4. trillion or 71%.

Obama, of course,     is a total disaster. He started with 9. trillion and within 2.5 years increased it to 14.5 trillion. What is the most frightening, is that in 2010 he increased national debt from 10.4 to 13.9 trillion. a total of 3.5 trillion in one year. This is a totally insane number. If you multiply this by 4 years, at this rate in 4 years of his presidency he will incur roughly the same debt as all the other presidents taken together.

Bottom line, though  Clinton and Bushes did not run such an enormous deficit, their secs of treasure were not successes either.

If you need help to prepare for a test, will you ask for help somebody, who failed this test? No. Rubin and O’Neil were not successful in reducing deficit, so it is insanity, in my mind, to ask their advise.

Yes, Trump is not ideal, but, bottom line, he accumulated 2.7 billion worth of wealth.  He seems to know what he is doing, he is good at what he is doing,    yet CNN is calling him a clown, while they are treating clowns, who bankrupted our economy-as experts.  How sane is that?

Comments

One Response to “Will you ask a failing student to help you with your homework?”

  1. Threasher Shark
    April 24th, 2011 @ 11:13 pm

    Orly: This is how the establishment puts the “Sheeple” to sleep! They will say all the right things, just enough to make everyone say: “aaaahhh, Big Brother!!!”

    Holy “Let’s go back to sleep, Batman!” It’s 1984 revisited! Caffein, anyone?

    Gray Lady Down…

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