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FOX and Friends all over Giuliani at NH Politics and Eggs

Reported by Chrish - November 26, 2007 -

FOX and Friends kept FOX fave Rudy Giuiani in the spotlight with repeated teasers and a grand finale interview by Campaign Carl Cameron at the "Politics and Eggs" event this morning 11/26/07. Guliani perceives Mitt Romney as his biggest threat and attacked accordingly, with a little help from his Friends.

The former Mayor compared his tax-cutting record to that of the former Governor, claiming more success and indicating that that record made him more qualified to be the tax-cutter-in-chief. Giuliani praised the people of New Hampshire as "very very practical people" and Cameron noted that even Democrats in NH were opposed to instituting state sales and income taxes; "there's a certain aversion to taxes here."

When is someone going to ask these borrow-and-spend Republicans how they plan to balance the budget and relieve the crushing debt we are leaving to our children and grandchildren? US Comptroller David Walker has been touring since 2005, trying to get the message out to America that if we don't do something about spending now we will be facing steep tax increases in the near future:

"There's a good reason politicians don't like to talk about the nation's long-term fiscal prospects. The subject is short on political theatrics and long on complicated economics, scary graphs and very big numbers. It reveals serious problems and offers no easy solutions. Anybody who wanted to deal with it seriously would have to talk about raising taxes and cutting benefits, nasty nostrums that might doom any candidate who prescribed them.

To show that the looming fiscal crisis is not a partisan issue, he brings along economists and budget analysts from across the political spectrum. In Austin, he's accompanied by Diane Lim Rogers, a liberal economist from the Brookings Institution, and Alison Acosta Fraser, director of the Roe Institute for Economic Policy Studies at the Heritage Foundation, a conservative think tank.

"We all agree on what the choices are and what the numbers are," Fraser says.

Their basic message is this: If the United States government conducts business as usual over the next few decades, a national debt that is already $8.5 trillion could reach $46 trillion or more, adjusted for inflation. That's almost as much as the total net worth of every person in America -- Bill Gates, Warren Buffett and those Google guys included.

A hole that big could paralyze the U.S. economy; according to some projections, just the interest payments on a debt that big would be as much as all the taxes the government collects today.

And every year that nothing is done about it, Walker says, the problem grows by $2 trillion to $3 trillion."

Nope, no hardballs for Rudy; just another platform to tooot his own horn on FOX.

Sandwiched between the teasers and updates from Aruba were numerous happy-talk segments about the economy as reflected by the large retail numbers from "Black Friday." Today is apparently "Cyber-Monday" and Americans are spending record amounts - again - in their holiday frenzies.