The Record Setter

He has set another new record: George W. Bush has obliterated past deficits, except his own personal best of 2004 which still stands at $512 billion. The budget deficit for 2009 will be a whopping $482 billion, dwarfing the records to date held by none other than Ronald Let’s-Spend-All-Our-Money-And-Only-Tax-The-Poor Reagan, which topped out at a paltry $116 billion in 2003.

Still, the Bushies are scrambling and say that in the overall scheme of things, Ronald is still king, having managed to overspend by a blistering 6.8% whilst Bush’s overdraft stands at only 3.3% of GDP.

Nevertheless, CNN reports that Dan Perino defends the stimulus package (or was it The Surge) which cost the government $170 billion and which the Democrats did blindly sign off on for fear of being hated.

"I remember that back when we were discussing the stimulus package, both parties recognized that the deficit would increase, and that would be the price that we pay in order to help improve the economy," Says Perino.

Improve the economy? Hello? Last time I was at Best Buy people were lined up virtually with their stimulus package checks in hand, waiting to buy the latest flat screen HD 50” Plasma TV from Toshiba, Sanyo, Sharp or Sony. A small percentage of that money may actually end up in the USA I agree. But most of it, designed to give Average Joe a small adrenal boost, a quick pecuniary handjob to make us feel better whilst the United States economy plunges downwards at an unstoppable rate, will travel overseas to feed the countries manufacturing the toys that people buy here as a temporary relief against the deppressing fact that this economy, our economy is in tatters.

Not satisfied with that of course, the Freddie Mac and Fannie Mae $300 billion Social Help Package has been approved by Congress and will probably be signed off by Bush so that Freddie Mac Chairman and Chief Executive Richard Syron and Daniel Mudd, president and chief executive of Fannie Mae can continue to pocket their monstrous benefit bonus packages of $20 million and $13 million respectively.

Bush needs to get fired and the current Democratic leadership needs to be canned. This country is so ready for something new or it will go to the dogs. The existential threat the current Administration represents for this country far outweighs anthing any terrorist can think up.