Obama: New regs to add billions of new debt

Started by Stocker, August 30, 2011, 12:37:28 PM

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Stocker

August 30, 2011, 12:37:28 PM
As if we needed more proof that he just doesn't get it  :thumbdown:
2012 can't come soon enough..... Republicans better find an unbeatable candidate, muy pronto.

Obama to Boehner: 7 proposed regulations would cost more than $1 billion each

In a letter to House Speaker John Boehner, R-Ohio, Obama lists four proposed Environmental Protection Agency rules and three Department of Transportation rules estimated to cost in excess of $1 billion. One of the proposed EPA rules -- an update to the health-based standard for smog -- is estimated to cost the economy between $19 billion and $90 billion.

http://finance.yahoo.com/news/Obama-7-proposed-regs-would-apf-2560021281.html;_ylt=AuLWUEvXdMb9_tlSzYRnsEC7YWsA;_ylu=X3oDMTE1MmpqM2hhBHBvcwM1BHNlYwN0b3BTdG9yaWVzBHNsawNvYmFtYTdwcm9wb3M-?x=0&sec=topStories&pos=2&asset=&ccode=
My goal in life is to be as a good a person as my dog already thinks I am.

If you don't learn something every day, you're not paying attention.

abnormaltoy

#1
August 30, 2011, 12:49:28 PM
Wasn't it Sen. Everett Dirksen who once said "A billion here, a Billion there...pretty soon you're talking real money"?

With all the talk lately of budgets, deficits and bail-outs in the trillion dollar range a billion for anything out of the Feds seems like a bargain. All that talk of trillions has also had the effect of desensitizing people to the actual size of what a billion is.







Elections have consequences.
The things that come to those who wait, may be the things left by those who got there first.

I contend that for a nation to try to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle.
-- Winston Churchill

Censorship, that most subtle tool of oppression, the tool of the fearful and small minded. 8/15/2008

"It is interesting that we are asked to NOT judge all Muslims by the actions of a few lunatics. Too bad gun owners can't get same judgment."
Travis Tritt (I know!)

46&2

#2
August 30, 2011, 01:17:00 PM
Unfuckingbelievable.  :o
85 4Runner Build  /  Cool Foreign Toyotas  /  Toyota: We Want Diesel FB Page    Rockcrawlintoy – i guess moms will put the pups up on the beach when they go fisting

Stocker

#3
August 30, 2011, 01:18:56 PM
Quote from: abnormaltoy on August 30, 2011, 12:49:28 PM
Wasn't it Sen. Everett Dirksen who once said "A billion here, a Billion there...pretty soon you're talking real money"?
Excellent memory.... he is generally credited with that quote, perhaps incorrectly however.

On large sums of money, this may be a repost but it's a good illustration: http://www.pagetutor.com/trillion/index.html
My goal in life is to be as a good a person as my dog already thinks I am.

If you don't learn something every day, you're not paying attention.

abnormaltoy

#4
August 30, 2011, 01:27:14 PM
I wonder what that last illustration would be...converted to acre-feet? Maybe that would be a better way to describe it..."Today Congress wasted 150 acre-feet of your tax dollars".
The things that come to those who wait, may be the things left by those who got there first.

I contend that for a nation to try to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle.
-- Winston Churchill

Censorship, that most subtle tool of oppression, the tool of the fearful and small minded. 8/15/2008

"It is interesting that we are asked to NOT judge all Muslims by the actions of a few lunatics. Too bad gun owners can't get same judgment."
Travis Tritt (I know!)

abnormaltoy

#5
August 30, 2011, 01:33:16 PM
Quote from: Stocker on August 30, 2011, 01:18:56 PM
Excellent memory.... he is generally credited with that quote, perhaps incorrectly however.

You're probably right...I looked it up and found this instead though..."If some people get any cheer out of a $328 billion debt ceiling, I do not find much to cheer about concerning it." [Congressional Record, June 16, 1965, p. 13884].

Check out the debt ceiling Congress was arguing over around '65...$328 Billion...that might cover the interest on today's debt.
The things that come to those who wait, may be the things left by those who got there first.

I contend that for a nation to try to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle.
-- Winston Churchill

Censorship, that most subtle tool of oppression, the tool of the fearful and small minded. 8/15/2008

"It is interesting that we are asked to NOT judge all Muslims by the actions of a few lunatics. Too bad gun owners can't get same judgment."
Travis Tritt (I know!)

Broke_Okie_Ty

#6
August 30, 2011, 02:32:03 PM
Quote from: 46&2 on August 30, 2011, 01:17:00 PM
Unfuckingbelievable.  :o

Im right there with you!

This country needs to pull its head out of its ass.

Zs Confederate Toy

#7
August 30, 2011, 02:49:48 PM
Quote from: Broke_Okie_Ty on August 30, 2011, 02:32:03 PM
Im right there with you!

This country needs to pull its head out of its ass.
We need more than a head from ass dislodging. We need a complete turn around. Go back on the gold and silver standards so we dont have to borrow money for our money to be worth anything.
ZACH
87 Rock Rat X
80 SR5 The Shady Lady
Trail Junky

Zs Confederate Toy

#8
August 30, 2011, 02:58:57 PM
Click the link then the vid is to the right. If you look past the advert for the GPAA, good Ol George tells alot of truth
http://www.goldprospectors.org/Communication/ArticlesandInformation/tabid/153/EntryId/361/GPAA-founder-George-Buzzard-Massie-featured-in-TV-promo.aspx
ZACH
87 Rock Rat X
80 SR5 The Shady Lady
Trail Junky

brainlessfool

#9
August 30, 2011, 06:01:03 PM
Quote from: Zs Confederate Toy on August 30, 2011, 02:49:48 PM
We need more than a head from ass dislodging. We need a complete turn around. Go back on the gold and silver standards so we dont have to borrow money for our money to be worth anything.

X2
A good day working, that's just sick :reg:

HULK

#10
August 31, 2011, 09:33:24 PM
I miss President Reagan. :yesnod:

Rocksurfer

#11
September 02, 2011, 05:09:38 AM
We all remember the Obama election slogan's right?

Well I got a couple good ones for his next campain
The Ghost-Rider/Ghost Runner

No matter how far you fall, the ground will always catch you

HULK

#12
September 02, 2011, 07:24:43 AM
Obama wrote to John's Boehner? BOING! BOING! :tease:

brainlessfool

#13
September 04, 2011, 09:12:23 AM
Quote from: HULK on August 31, 2011, 09:33:24 PM
I miss President Reagan. :yesnod:

Hell, I'm starting to miss Carter!
A good day working, that's just sick :reg:

Stocker

#14
September 04, 2011, 08:29:16 PM
Quote from: brainlessfool on September 04, 2011, 09:12:23 AM
Hell, I'm starting to miss Carter!
My first thought was -- no way, you cannot be serious. It only took me a brief moment to realize that you might well be on to something. Remembering Carter, that's quite a statement.



Old joke from back in the day: Which woman has two of the biggest boobs in the world?
.
.
.
.
.
.
Miss Lillian (Carter) -- she has Jimmy and Billy!   :gap:
My goal in life is to be as a good a person as my dog already thinks I am.

If you don't learn something every day, you're not paying attention.

Rocksurfer

#15
September 05, 2011, 02:24:44 AM
Quote from: brainlessfool on September 04, 2011, 09:12:23 AM
Hell, I'm starting to miss Carter!

How true a statement
The Ghost-Rider/Ghost Runner

No matter how far you fall, the ground will always catch you
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