WASHINGTON (CNN) -- President Clinton announced Wednesday that the federal budget surplus for fiscal year 2000 amounted to at least $230 billion, making it the largest in U.S. history and topping last year's record surplus of $122.7 billion.
This represents, Clinton said, "the largest one-year debt reduction in the history of the United States."
In June, the administration predicted the surplus would be $211 billion, and would increase by as much as $1 trillion over the next 10 years.
And now, after five years of Bush the Republican controlled Congress has had to boost the Treasury Departments credit line four times for a total of $3 trillion. That now puts our debt ceiling at nearly $9 trillion. To spend $1 trillion, one would have to spend a million dollars a day for a million days, or 2,739 years. Multiply that by nine times.
Apologists for the Republican looting of our National Treasury will blame 9/11 and the war on "Terra" in Iraq. I just love the nifty way they link the two in the same breath/sentence and later deny they ever intended any linkage.
Certainly 9/11 and the unrelated and illegal war provided ample opportunity for Republicans to demonstrate their mettle. The only surprise that should exist is the scale of thievery. Slowly, this crap will percolate up and people will become aware that this criminal band of brothers, aka Republicans, are not moral and godly people. The religious right was hoodwinked into believing they had anointed godly men to positions of power. The reality is the Jesus pimps went on a mission of sacking our country for their own worldly gains. And people died in the process. Delay now cries "Uncle" and wants to further fleece the flocks for Republican support.
Democrats wanting to restore credibility to Congress must do so by being credible. After writing laws for 225 years it is dubious that any new such laws can stop this kind of activity. As the Danny DeVito character "Larry the Liquidator" said in Other Peoples Money, "Pass all the laws you want. Guys like me don't go away, we adapt." Honest stewardship of the peoples trust. That is the key first and foremost. Certainly new laws might be appropriate after all is rooted out and methods are exposed. But bottom line, It's the Trust, Stupid.