• Skip to primary navigation
  • Skip to main content

Alternative News Resource

When Mainstream News Fails To Inform

  • Home
  • Articles
    • Solutions
    • History
    • US Government
    • Environment
    • Medical-Health
    • Political
    • Technology
    • Books
    • Movies
    • Local
  • Show Search
Hide Search
  • All
  • Environment
  • History
  • US Government
  • Departments & Agencies
  • Medical-Health
  • Politics
  • Solutions
  • Technology
  • Books
  • Movies

It’s Not Default of Obama: Jail GOP Deadbeats for Debt Crisis

July 21, 2011

by Greg Palast
exclusive for Truthout/Buzzflash.com

Charles Dickens’ Oliver Twist gave debtors’ prison a bad rap. Too bad. I’d say that locking away GOP Majority Leader Eric Cantor in a penitentiary for deadbeats seems like a darn good idea.

Bush reads from My Pet Budget

Let’s talk about how we ended up in this pickle, bucking up against the “debt ceiling.” From 2001 to 2008, a Republican President took an annual surplus of $86 billion left for him by Bill Clinton and ran up the budget deficit to over half a trillion in a year ($642 billion in 2008). Altogether, George W. Bush blew up the national debt by over $3 TRILLION–then left the bills to Barack Obama.Greg Palast.

July 21, 2011 Filed Under: Political Tagged With: Voting Rights

Tags

2016 Presidential Election (11) Arctic (2) Bernie (2) Books (1) CA (3) California (5) Climate Change (1) Corporate Power (7) Democracy (4) Economy (4) Education (3) Elections (1) Electoral College (2) Energy (3) Extractive Industries (7) Financial (5) Fracking (2) G.O.P. (3) Global Warming (5) Govt. Transparency (2) Greg Palast (7) History (3) Internet (5) Iraq (5) Israel (6) Jesse Z. Lurie Column (5) Local (3) Local Oakland (6) Medicine (3) Middle East (9) movie (2) National Popular Vote Compact (1) Obamacare (3) oil (6) Public Land (3) Solar (5) Supreme Court (5) vo (1) Voter guide Nov. 8 (1) Voter Information (3) Voter Invormation (1) Voter Suppression (2) Voting Rights (53) War (6) Water (3)

New Posts In Your Inbox

Sign Up

Coming Soon

Copyright © 2023Sitemapevelurie.com/web design/build

  • Arctic
  • Corporate Power
  • Greg Palast
  • Israel
  • California
  • Voting Rights
  • Water