The Looming Default Crisis: Are Conservatives Also at Fault?
Richard Pollock is half right. Progressives, as the reactionary Left call themselves, are glad that no agreement has been made, and that any deal which includes cuts on entitlements has been stymied. That is why they mobilized the unions and the Left organizations to wage a full-fledged campaign against what they saw as the president’s potential capitulation to sanity.
Now, as we have seen, the president has seemingly succeeded in blaming the Right for the crisis we are in, rather than his own profligate spending since becoming chief executive. By making it appear that it was the Republicans’ fault that an agreement to raise the debt ceiling could not be reached , and using the bully pulpit that every president has, he has possibly gained the upper hand.
But there is sufficient evidence to indicate that some on the Right are also pleased. Ed Feulner, director of the Heritage Foundation, issued an open letter arguing for no compromise.
As David Frum has commented , “Ed Feulner in an unusual signed personal statement today urges Republicans to force the country into default unless President Obama yields on the outermost conservative demands. In the process, he equates President Obama and the Democrats to the Japanese militarists who bombed Pearl Harbor. I suppose that’s a step up from calling them Nazis.”
In addition, others in the Tea Party have also remained adamant. Mark Meckler, the cofounder of Tea Party Patriots, called the alternative last-ditch McConnell plan “an embarrassment…an abdication of governing responsibilities.”
Yes, conservatives are correct to oppose any tax increases, which, as they argue, kill the creation of jobs in a bad economy. But a default would hurt the nation, something that Ronald Reagan well understood. At the time of the last looming crisis, Reagan said the following in a Sept. 26, 1987 radio address:
Congress consistently brings the Government to the edge of default before facing its responsibility. This brinkmanship threatens the holders of government bonds and those who rely on Social Security and veterans benefits. Interest rates would skyrocket, instability would occur in financial markets, and the Federal deficit would soar. The United States has a special responsibility to itself and the world to meet its obligations. It means we have a well-earned reputation for reliability and credibility — two things that set us apart from much of the world.
“As David Frum has commented , “Ed Feulner in an unusual signed personal statement today urges Republicans to force the country into default”
ron
ed feuler says no such thing. david frum is a loser and you siting him makes you one too.
It’s not being bandied about that we are going into default if we don’t raise the debt ceiling.
As far as I can tell, all our major financial obligations — debt service, Social Security, Medicare — will be still be covered if the ceiling isn’t raised, but rather all the projects planned in budgets by Obama & the Dems will not have money available.
Not raising the debt ceiling seems more a case of not being able to remodel the kitchen rather than having to declare bankruptcy.
Or maybe a business having to layoff workers rather than declare bankruptcy because profits were less than expected after a major expansion.
“Not raising the debt ceiling seems more a case of not being able to remodel the kitchen rather than having to declare bankruptcy.”
That is a very good way of putting it. The major lending institutions throughout the world really don’t give a damn concerning a near future “default.” This is so minor as hardly worth talking about. Are we getting our finances under control? This is ultimately all that dominates their concerns. The current screaming and yelling Washington is simply the result of some powerful interests afraid to take a short term hit. This should bore the heck out of the rest of us.
No Need to Negotiate
There is no need to negotiate
The House has offered Cut,Cap, and Balance.
This measure could be accepted by the opposition — OR — with no negotiations and no need for 0bama’s signature we can force the federal government to operate within its available means
i.e. Cut Cap and Balance: take it or leave it
the federal government will still be able to meet its important obligations from current income and will then be forced to make large spending cuts on other non-essential junk.
and we all know there is lots of that.
again: we do not need 0bama’s signature to give him ZILCH. he needs us if he wants anything more than that.
Excellent point.
EXACTLY! This whole “mess” of a debt ceiling problem is merely our system of checks and balances at work. It’s the very reason that Congress has the power of the purse! It forces the president to be judicious when spending.
This is why I always tell people that there is no such thing as “government money”.
“Cut Cap and Balance: take it or leave it”
Congrats, Mike! You’ve successfully reduced the message coming from the insane Right – to nine words. And poor RR wonders why “the president has seemingly succeeded in blaming the Right for the crisis we are in.”
The default is really no big deal. It will only temporarily ruffle a few feathers. Only an economic illiterate would say otherwise. The main thing is to inform the world that the USA is serious about getting its economic house in order. This is what everybody—especially our major creditors are waiting to hear.
That’s the gist of the matter. The USA, regardless of the semi-fictional “debt ceiling”, is NOT in a position to default on its debt obligations UNLESS Obama and Little Timmy simply refuse to cut the checks.
The so-called ceiling is nothing. There is no ceiling. The USA can spend all the money Obama demands it spend. Little Timmy can sign checks all day long. Who’s going to stop them? RINOs? Liberal marxist cowards?
Only the American citizens can stop these fools in November 2012.
There is no reason for the US to default. The Treasury will still be bringing in money every month. From everything I’ve read that income will be more than sufficient to cover interest payments, Social Security, the Medi’s, and defense.
If there is no deal and we default, or Social Security checks don’t go out, or servicemembers don’t get paid it will be because this administration made the conscious choice to fund something else.
The Democrats need to realize that they’re in the weaker negotiating position and thus need to make greater concessions. Unfortunately for us, this President is too immature and too inexperienced to recognize this.
It’s like saying: “We need a new credit card to pay of the old one”
It doesn’t make sense. Ron Radosh wants to sound responsible and grown up. In reality, he’s just weak and gullible.
There comes a time where you just don’t believe the threats anymore. First it was “we need to bail out the banks or there will be disaster”. Then it was “We need this giant stimulus bill, or it will be a disaster”.
Heh! I tried that route a couple of times in my life and believe me it works for awhile but you end up deeper in debt than you otherwise would have been and it makes it harder to get back out. I pay cash now even though I’ve been offered credit cards again lately. No more for me thanks. Our government should do the same thing. No more credit cards. Spending extra money every single day just to use someone else’s money is stupid. Short term borrowing to cover an unexpected need such as needing a repair on a car is ok, like covering a war. But a war should only be a short term thing. Like repairing a car it does no good to just keep fighting and fighting and fighting. Get in, Get it done. THEN GET OUT! Like you would pay someone to repair the engine or transmission in your car. You don’t want them charging you to store your car or to keep finding little things wrong so they can keep working on it day after day. There is nothing in the U.S. Constitution that allows our going to war to build nations. There is nothing in our constitution that allows the taking of taxpayer money and giving it away, whether to foreign nations or entities, nor to other citizens of this country. The Congress is obligated by their oath of office as is the President, to follow the constitution and they have not done so for about 100 years now. The Social Security program is unconstitutional and I would prefer to see it abolished even though it would mean I would not be able to collect any when I would be eligible in less than 2 years. Anyone now on it should be grandfathered into a program so no one is left destitute by it’s abolishment but no one else should be forced into it. The national debt should and must be paid down in reality, not gimmicked to fake it like it was under Clinton’s time as president. There’s no reason to default on our payments if the limit is reached. We have enough income to pay the maintenance on our debt, to pay our military, to actually pay the folks on SS but federal welfare, foreign aid, etc., should be abolished.
The harsh reality of this debt ceiling crisis is that the “Establishment” in Washington is terrified that the stopping of the payments for other than the essential expenditures tha “Chris in California” lists will allow the public to see just how much of their money is wasted on bloated bureaucracies and UnConstitutional big government adventureism.
And who knows we might just find we like it like that.
This of course would break their chains on us and allow us to walk again as free men and you can bet your last dollar that is the last thing these crooks want us to see.
Thanks Nickel, yes I would very much like to see the federal government put back inside the bounds of the constitution. Then we can start looking at our state constitutions and see just how far those have been violated.
Chris-tell it as it is from Calif. You should move to middle America and run for congress. Mr. Radosh-to quote or trust any comment from david frum, a “has been”, is digging at the bottom of the manure pit.
Chris-tell it as it is from Cailf. You should move to middle America and run for congress. You win. Mr. Radosh-to trust any comment from david frum, a “has been” is digging at the bottom of the manure pit.
Like many others, you are conflating the refusal/failure to raise the debt limit with “default”.
Default is a failure to pay debt service (interest and principle) on already existing obligations. The Fourteenth Amendment commands that “the validity of the public debt … shall not be questioned”, which means the Treasury is obligated to pay that debt service out of current cash flow. It’s Obama that is threatening default, if he doesn’t get his way.
The debt limit prevents the Treasury from borrowing more money. What Obama/Geithner have been doing is borrowing money to pay the interest on the money they’ve already borrowed, and now they’re getting panicky, and threatening “default” as a scare tactic — unless they plan to ignore the Constitution again.
Incidentally, Ed Feulner did not write what David Frum said he wrote (did you actually read it?). His statement was wildly and perniciously false, both with respect to the “Japanese militarist” reference and to “forc[ing] the country into default…” Not the first time Frum has deviated from the facts in service of his viewpoints.
Feulner wrote:
“Congress should not raise the debt limit without getting spending under control. Debt limit legislation should put America on the path to driving down federal spending and borrowing, while preserving the ability to protect America without raising taxes.”
What’s so bad about that idea?
topknife. whats so bad about that idea? NOTHING. thats why obama and his minions are so hell bent against it. he wants to totaly bankrupt America. I firmly beleive he and his cohorts ahould be stripped of all property and finance’s to help pay for what they have wasted of the tax payers money,
Interest and princiPAL, dodo.
It’s the principle of the thing….
No, the 14th does not mean what you seem to think it means. That was only a discussion of debts related to the Civil War, not in general.
The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure. It is a sign that the U.S. government can’t pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our government’s reckless fiscal policies. Increasing America’s debt weakens us domestically and internationally. Leadership means that “the buck stops here.” Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership. Americans deserve better.
Oh, wait! Somebody said that already. Obama said it in 2006.
Someone set me straight. I say the US has defaulted twice. I believe once after the civil war and one other time.
Anyone?
If you mean stopped the approval of a new debt ceiling , I believe it is three times, once in 1995, again in 2002 and one other that I am not sure of. If you mean real default such as insufficent funds I am much less sure. Obviously, they had to print “green backs” or paper money to fund the Civil War and moving off of the gold standard in 1933 was a type of “default” and totally removing any tie to gold in 1971 under Nixon was also a type of modified “default” but you will need a more complete answer from some one with more knowledge then I have.
As Sen. Pat Toomey pointed out in WSJ op-ed, the US has more than sufficient income to pay debt service
http://online.wsj.com/article/SB10001424052748703954004576089963912388314.html
The threat of default is, as anyone who looks at facts knows, is scare tactics that MSM amplifies. No need for PJ Media to do the same.
Debasing the currency and incessant government induced inflation undermine US financial credibility as the Chinese and other debtor nations realize.
Right. The MSM is purposely conflating a government shutdown with default on the debt, which are 2 wildly different things. Radosh here is doing the very same thing. There is no looming default crisis. Once again, Radosh displays his Lefty tendencies, promulgating this nonsense. His articles just get worse and worse.
The last 2 times the government shut down, we got welfare reform and balanced budgets. Worked out pretty well. I suggest we try that again. People will not change until they hit rock-bottom. For the government, that means when the money runs out.
I would like the House to pass a bill saying that government workers will not get lost pay and benefits for any amount of time the government is shut down. Make the Dem Senate kill that bill, too. While they are at it, make it a part of the bill that mandates the spending priorities during a shutdown, so the President does not have a free hand to work mischief.
“So is it not foolish for Republicans to give President Obama precisely what he wants,”
How foolish is it for the establishment Republicans to continue kissing Obama’s rear end thinking that it will fool and placate the voters?
In addition to everything else shouldn’t no backbone, no pride and no dignity be important concerns when it comes to our International embarrassment?
How can anyone even consider mentioning Reagan’s name in the same breath or sentence that they do Obama?
Here’s a thought, just how much credit would instantly become available for capital investment if the federal government started paying down the debt?
How much more money would be available for projects etc., if the federal government kept within its legal bounds under the constitution?
How low could tax rates go if they didn’t spend our money on unconstitutional programs and agencies?
What is it about some people, that they want to control others who are not attempting to harm others, who just want to be left alone?
And why do so many people these days think it’s ok to take other people’s money and give it away?
If I take your money and give it to someone else who is hungry, I’m guilty of theft. If I get a group of people to come take your money and give it to others who are hungry, that’s still theft and it adds conspiracy to commit theft. Why is the government (a group of people who get together to do things) taking your money and giving it to others any different???
Chris from CA, your thinking aligns straight up with our Founding Fathers & our Constitutional principles!
A Miracle that Changed the World: The 5000 Year Leap (W. Cleon Skousen),PART II: THE FOUNDERS’ BASIC PRINCIPLES – 7th. Principle,’Equal Rights, Not Equal Things’, pg. 115
Has the bond market shown any concern that there will be a default in payment of US debt? No. Because there won’t be.
Karl Rove lays out the payment priorities. There will be pain but not default. And how bad is it for The Forgotten Taxpayer that Farm Subsidies are not paid? Or that Ethanol Subsidies are not paid? Or that endlessly useless appropriations are frozen? The President and his Main Stream Media amplifiers will be embarrassed when August 2 comes and goes and the world goes on. Will productive, job creating Taxpayer who meets a payroll notice?
I disagree with Karl Rove about political winners. The Pat Toomey Republicans will be the winners and heroes to fiscal common sense taxpayers.
http://online.wsj.com/article/SB10001424052702304911104576443863077227784.html?mod=WSJ_hp_mostpop_read
“The $172 billion in revenues collected over the rest of the month can pay the $29 billion interest charges on the national debt, Social Security benefits ($49 billion), Medicaid and Medicare ($50 billion), active duty military pay ($2.9 billion), Department of Defense vendors ($31.7 billion), IRS refunds ($3.9 billion), and about a quarter of the $12.8 billion in unemployment checks due that month.
There will, however, be no cash for highway construction, no checks for federal workers or retirees, no agriculture payments, no open national parks. Interest rates are also likely to rise if U.S. debt is downgraded, adding massively to the deficit and further damaging the economy. This would be a disaster with no political winners. “
But Obama does NOT take direction from Karl Rove.
If funds are limited after the debt limit deadline expires, it will be Obama who will be deciding which programs those limited funds get spent on. And he’ll clearly do that in a way that enhances his standing with the public at the expense of Republicans.
I have seen this over and over that Obama decides who get’s paid and whatnot. Someone please point me to who/what department has the authority to decide who get’s paid or not. Who racks and stacks the bill and decides which get’s paid?
The Department secretaries and the Agency directors- all of whom report to Obama.
Congress provides the funding and sponsorship of all kinds of things. As long as the money is there, the President follows the law. The President is the CEO of the government, however, and he can shut down part or all of the government. Unless Congress specifies priorities by law (and the President signs it into law), the President will make those choices.
Remember one thing, though: If the head of any branch of the federal government DOESN’T obey the law, there is really no viable mechanism to remove them from office.
The impeachment process didn’t work to remove a felonious perjurer/obstructor of justice from office. Even if the voters mandated Obama leave office in January 2013, if he didn’t leave, what then?
I doubt it would come to that, but it makes anyone pause and think how a narcissistic egomaniacal president (like Obama or Clinton) could simply refuse to leave office, giving the country a dilemma: a violent revolt by the citizenry or surrender through acquiescence.
Actually the ‘parts’ of the Executive branch that most readily comes to mind other than those prescribed by the constitution, [cannot] be shut down on the whim of a president. All those parts were legislated by the congress and appropriated for by congress. The congress would have to first, agree, then [repeal] the legislative statutes authorizing them.
David, if Obama doesn’t leave after being impeached or voted out, the military will escort him from office with orders to shoot him if he resists or orders the Secret Service to resist. In the case of impeachment, if Biden refuses to give that order, then we impeach Biden for Obstruction of Justice, and Boehner becomes President, and he WILL give that order.
As for determining how the funds will be spent in the event the debt ceiling isn’t raised, this is why Congress needs to pass the Full Faith and Credit Act (H.R. 421). The FFCA gives the Executive branch instructions about what to pay and what to cut off if there are insufficient funds to pay for all appropriations without violating the debt ceiling. If Obama, after signing the FFCA or having his veto overridden, attempts to spend money in a manner other than as directed by the FFCA, he shall then be impeached for usurping Congressional power by violating the Appropriations clause.
This leaves me wondering exactly why the Pres wants a line item veto. He can administratively kill any program.
A rhetorical question yes?
A ratings downgrade has nothing to do with the current situation except the fact that the massive spending of the Obama administration and most especially it’s funding for a massive new entitlement in Obamacare has pushed our national spending beyond profligate to outrageous.
What this current debt ceiling debate is really about is whether the combined interests of the Washington special interests and the political hacks who represent only Washington are going to continue to bankrupt the nation to further their own agenda or if the public will finally say “NO MAS”.
We won’t know the answer to this for a few more days but we already know that We The People are not represented well by much of our current Congress or our President. Take action in November 2012 to return US Sovereignty to the people who are actually citizens of this once Great Nation or forever cower in shame before your own children when you relate how the Republic was lost.
Why is it so many folks ignore what a downgrade of credit/debt incurs and accrues in added costs and potentially additonal debt?
Both the private and public sectors are in circular catch-22′s both attached to each other!
Europe caught the cancer some time ago. Unionized and brought forth the Euro. Not work in the end.
America caught the cancer, ignored it and spread it to everybody tied to the USD.
Now what? Cut…Cap…Balance…Cut Taxes in a deep, increasingly high jobless domestic and global recession? Really…thats the magic pill?
Suggested reading for the author of this article: Hayek’s “The Fatal Conceit”, a history of the evolution of civilization from an economic perspective.
Suggesting that the few politicians in Washington who understand basic economics should continue to tax and spend is irresponsible. The ratings agencies aren’t just looking at the payment of the interest, but in the increasing debt, as well. We are fools for having allowed our relatively free-market republic to morph into a dictatorship. It isn’t about Republicans vs Democrats, but the political class who wish to rule over us. We appear to be seeing the predictable end to all civilized nations since the beginning of history. Read Hayek and Enrique Krauze’s History of Mexico, as well as Thomas Sowell’s “Basic Economics”.
It is always important to remember as Henry Kissenger said of Obama, “they have been priming him to become President for over ten years.” We are not privledged to know who the “they” is but you can bet it is more than Bill Ayers and the Chicago thugocricy.
The “they” in this observation is not on the “Peoples” side in this fight so be ready for anything to happen should us plebians try and exert our sovereign rights in this debt ceiling fight.
Loading the camber for the Russian Roulette dance with default.
If you remember that of the $1.6 TRILLION that needs to be raised to fund the over spending of the Obama administration and the Democratic Congress just past, all but 30% of the money at each US Treasury auction is really created out of the printing presses of the Federal Reserve and the Treasury, so is effectively spun out of nothing. Now let that sink in for a moment. The only way we have been able to fund such an absurd level of spending and still keep the level of interest rates so low that the economy isn’t plunged once again into a “deep recession/depression” is to print up 70% of the bids for each of the US Treasury debt auctions and “buy”(sic) the bonds ourselves.
If you have that point, then think okay now we are going to continue borrowing even more money to inflate the national debt five trillion higher in just a couple more years.
Now, if you don’t like what we are doing, you craven little hoi polloi just try and stop us and we will stop printing the money to “buy” that 70% of the US Treasury bonds for which there were never any real buyers anyways at the ridiculous low 3% interest rates anyways and see what happens to the real rate of interest that these same debt sales will fetch in a real auction enviroment without the full power of the Federal Reserve and the US Treasury leaning on the so called “market price”.
Our problem is not with Obama or the Republicans in the House or even with the credit agencies who as handmaidens of the crooks behind this whole scheme will dutifully lower the US national ratings when they are told to do so, it is with the people behind the “establishment” of both parties who loaded the gun with these dangerous threats in the first place.
Anyone with a brain knew that Obama was not qualified for any real executive responsiblity yet they pushed him forward.
Anyone with a brain knew that creating an artifically low rate of interest on capital was a ruse that would eventually correct itself in a disruptive and cataclyismic return to a market price as soon as the artifical buying was stopped, yet they did it anyways.
Anyone with a brain knew that you couldn’t push an entirely new entitlement for healthcare insurance paid for by the productive and miss used by the not productive at the time of massive over spending on current entitlements, yet they pushed for it anyways.
Now is the time to realize who the enemy really is and it is as clear at the bosses of those talking heads on your television and the faces answering their questions on the news shows. They are the visible part of the controlling forces that are pushing us to abandon our Constitution and our values and allow them to scare us all into accepting their help to avoid a crisis that will really only allow them to complete their push to control us all.
To see who has funded Obama and the Dem Party, see the series recently run by the Washington Examiner. George Soros has been on board since O ran for the Senate, as well as the many NGO’s controlled by the far left.
I have “Rosemary Baby” film in my mind and can’t stop to associate it with the actual debacle and this president. Soros for one side, building his Progressive network of strategic organizations, and the Farrakhan commentary about how Obama The Messiah was early chosen to be prepared as president…Its amazing to me how America can not defends it self…We are been driven to the abyss…
“Nevertheless, what Reagan said in 1987 still holds true today. Default would be an outcome that no one who wants a strong America should be happy about. The latest story in today’s paper makes it clear that Speaker Boehner understands this, and is working on a new deficit reduction plan that would cut $3 to $4 trillion in spending over a ten year period.”
Why is it that Democrats and liberals (well, what’s really the difference these days) don’t ever, EVER, have to compromise? When there is a “compromise” in Congress, it usually means that the Republicans have to cave in to the Democrats’ demands. And you know how the game is played. Sure, they will “promise” some spending cuts in years eight or ten, but they will never, ever, happen. A new Congress will be in place by then and they could always overturn a deal that was made in 2011. Always, and they usually do. Unless you get the cuts up front, the cuts are meaningless and will never happen.
So do the Democrats want to default? If they’re so anxious to prevent this, why don’t THEY come up with a deal to stop it. All they come up with is excuses NOT to sign a deal. They have absolutely NO ideas of their own except to keep spending money. And comparisons to Reagon are false,simply because Reagan did not have a $14 TRILLION debt to pay and a $1.6 TRILLION budget deficit as well. If he were facing those massive problems, I’m sure he would stop spending as well. And fast.
This is a battle for the soul of the nation. What is it we want to become? Do we want to become just another bankrupt European-style welfare state, like Greece, Portugal, Ireland, Italy, and Spain, or do we want to get back on the road to fiscal solvency? If you choose the latter, then this is a fight we need to embrace. This is where we make are stand and this is where we draw the line. If the Democrats are oh so concerned with the financial future of this country, then they are the ones who should cave in on this, NOT US!
“This is a battle for the soul of the nation…this is a fight we need to embrace. This is where we make our stand and this is where we draw the line.”
May many say “Amen” to that.
Liberals never have to compromise???
Remember how furious they were when Obama dropped a public option for ObamaCare? In fact, they didn’t even like ObamaCare, preferring a single-payer system like Canada’s.
Remember how furious liberals were when Obama agreed to extend the Bush tax cuts, after campaigning in 2008 on a promise to repeal them for anyone making over $250,000/year?
How about foreign policy? Do you think liberals are happy that Obama sent more troops to Afghanistan, kept Gitmo open, and agreed to try KSM by military tribunal?
You should go read the liberal blogs, especially Paul Krugman’s blog. They think Obama has been selling them out.
That is great news. If World War II was really primarily a internecine war between two branches of Statism, perhaps we could get the Hillary Clinton wing to declare war on the Obama wing and see who is still alive at the end of the primary season. It might distract these bloodsuckers long enough for us to wake up the vast middle of America and get them to get off their butts before it is all over.
Which is worse:- Default now or spend spend spend at Obama’s will?
Hell now or Hell later?
Oppose the addiction to deficit now or in November next year?
Your link to the NYT “story” is bad.
http://http//www.nytimes.com/2011/07/24/us/politics/24debt.html?emc=na
Should be
http://www.nytimes.com/2011/07/24/us/politics/24debt.html?emc=na
The article says:
Reid and Pelosi accused Rs of refusing to give ground on how the federal debt limit would be raised, saying, “Their unwillingness to compromise is pushing us to the brink of a default.” [My comment: AND, how is it that the Reid /Pelosi refusal to compromise or give ground is superior to the Republican position?]
If the new talks collapse, House Republicans could ultimately devise an extension based on cuts they identify and send it to the Senate, daring lawmakers to reject it or the president to veto it.
But this article assumes the federal government will default. On what? Pork project vendors? There’s enough monthly revenues incoming to pay debt servicing, national defense, senior socialism programs like socialism security and socialism-care, plus federal pensions. Thats much more than the constitution requires, so, default on what? Defunding on Obamacare. Oh no! Defunding on Sharia NASA funding. Oh my stars! Defunding on Cap n Tax EPA. My goodness! Defunding on socialist schooling. Help!
But, as conservatives going back, even before Reagan have always assured us, “We want to shrink government…but we are going to conserve these following programs that are an American institution…” I have not seen a conservative politician to date, who has responded properly to the usurping of individual rights, only pleading from the compromised, pragmatized right, to make socialism more efficient, and fiscally balanced. Whoop-de-ding – dong.
Yeah, let’s all compromise with our crack addict statists by feeding their habit. The mainstream definition of responsible.
Come on Mr. Radosh! Just who do you think we are? Progressives? Leftists? No, we are not that gullible, nor are we of a pack of lemmings. We know how to balance a ledger and just what words like default mean. Not what we want them to mean but what the actual definition is.
Virtus Vero Feugiat
anyone who thinks a deal with obama or the democrats is possible hasn’t been awake for the last 30 years.
the left are lying scum and dishonest. NO DEAL IS POSSIBLE.
OF COURSE DEFAULT WOULD BE BAD !! BUT IF THERE IS A DEFAULT IT IS THE LEFTS FAULT.
trying to make a deal with them just implicates the conservatives in the dishonesty (a bunch of the republicans are more like the leftist as it is)
The media will paint the Republicans as the guilty party. Be prepared for that. On this one, even Politico.com and Fox News are against you.
And in a way, they will be right.
This business about “no compromise” I’m hearing from some of my fellow conservatives, is just not the way the country works.
Our entire country was built on compromise, especially the bicameral Congress that gave less populous states a break. We’ve been wheeling and dealing and compromising ever since.
I can’t go along with what amounts to an ultimatum.
We should be debating this issue before the voters in 2012 and letting them decide, not ramming through a Constitutional Amendment (!!!) under threat of default.
By doing that, you’re doing EXACTLY what you accused Rahm Emanuel of doing. He said “Never let a crisis go to waste”–and rammed ObamaCare using the economic crisis as an excuse.
Now you’re using the economic crisis as an excuse too, to ram through a Constitutional Amendment that has NOTHING to do with the question of whether the debt limit should be raised.
And how do we know it has nothing to do with it? Because the debt limit ceiling expires in early August–while it may take 5 years or more for 3/4 of the state legislatures to ratify the Amendment. In the meantime, that unratified Amendment has ZERO effect on anything.
Since any 3/4 of the state legislatures must necessarily include Dem-controlled legislatures in Blue states, it may never be ratified. In which case you’re holding the funds of the U.S. Government hostage to an irrelevancy.
…that is what got the USA into this mess. and that is where you are wrong.
people are tired of the compromise. yes the media will blame the republicans (many of whom are more then ready to capitulate completely)_. BUT the people are watching (for a change) and they don’t want more debt. so the conservatives who want to win in 2012 better not raise the debt limit.
raising the limit will only play into obama’s strategy to undermine the economy.
If Alice says 2+2=4, and Bob says 2+2=6, compromising on 5 is not the path of wisdom.
Fundamentally wrong. The US constitution was meant to prevent encroachment on individual freedom, not to allow it one compromise at a time. We have gotten into this mess because of too much compromising, not too little. At long last some politicians are noticing that being uncompromising on your principles may be unpopular in DC, but not necessarily back home.
“But this way nothing will get DONE!” – The federal was never meant to be doing 90% of what it has it’s hands in. Defend our borders, protect our individual rights to life, freedom and property, settle disputes. Other than that get the he’ll out of our way.
The conservative position that we need to start cutting government spending now should be self evident to anyone who is willing to stare reality in the face. Likewise, adding to this already dangerous debt would be sheer madness.
But does anyone really believe that any! meaningful steps to solve this will be taken under this administration? Or are they in fact trying to manufacture another “crisis that should not be wasted”, one that they can and will take advantage of? In short, is this battle really about our debt… OR is it more about the hearts and the minds of a specific but large group of voters who just happen to be not even remotely as informed or committed as we are, but who will in reality either help to re-elect or defeat Obama?
And if this battle produces a negative outcome with devastating practical consquences, who will this group turn their wrath on?
So, do we dig in our heals and say “no mas” to raising the debt ceiling… or do we, for example, dare Obama to veto some sort of short-term solution as Charles Krauthammer has proposed? Because if we loose the real battle, the battle of who governs America for the next four years…
If you own a 10 year US Treasury bond today at the current 3% interest rate and interest rise to 5% which would still be a very low level of interest on a ten year loan, how much principal loss will you on the new market value of your existing bond the very second interest rates rise to 5%?
The answer is mathmatically unavoidable. A current $30 interest payment annually on your existing 10 year US Treasury is worth 40% less the minute interest rates rise to 5%. So the market value of your bond (or a portfolio of similar bonds in a bond fund) will fall to 40% less the second interest rates rise.
SO why is this important? Well, remember that the only reason interest rates on bonds are this low currently is that the Fed is buying 70% of each auction so that the market can clear at the low rates of interest rates they want to appear to be the “market” rate. The real market rate obviously would be substantially higher if the Fed was actually not buying 70% of each auction. Think about it, how high would interest rates be if instead of finding willing buyers for 30% of each US Treasury auction they had to push the interest rates up to a level to find willing buyers for 100% of the auction. Where would this take interest rates, 5%, 6% or higher. We will soon find out.
My bigger point is that the so called Republican caused downgrade of our US Treasury debt rating is a total RED HERRING. That is just the trick the Establishment is using to hang the blame for the amount to be sizable rise in interest rates on the Republicans and more specifically on the TEA PARTY, or in short on the average American.
In fact once the Fed announced it was going to stop the easing(code for buying our own bonds to keep rates artifically low and accomplished by just printing up the money to buy the debt) with the end of QE II on June 30, 2011 it was only a matter of when the next auction was going to try and sell US Treasury bonds without the Fed buying down the interest rate with phoney FIAT currency. The debt rating would be only a secondary matter.
So, now they have the gun loaded and they are posturing the media to paint the Republicans and more especially the TEA PARTY as the cause of what is really just the unavoidable rise in interest rates from the end of QE II.
So unless you want to lose 40% of your principal in the next couple of days call someone who does this stuff for a living and get out of all domestic bonds or simply do the math yourself and make your own decision. Either way it is inevitable and has little or nothing to do with the Tea Party or the Repubican Party trying to do the right thing by taking away the Obama administrations irresponsible spending powers.
actually everyone is screwed no matter how things go.
the lesser screwing is if congress finds it’s stones and forces a decrease in spending by not raising the debt limit. there will be pain either way.
…..but to raise the debt limit to a scumbag like obama is guaranteeing economic collapse that will not be stoppable (which is obama’s goal anyhow).
at present the USA is in similar straits as Greece. the only real difference is the USA still has the possibility (and it is only a possibility) to get out from under the debt. this is why the leftists want to keep spending to force a failure that cannot be reversed. what a bunch of a’holes
We have enough natural resources and oil reserves to support our nation for two hundred years. If we start to maximize those resources and unchain our entrepenuers we can unleash a powerful economy once again.
The powers behind Obama are not interested in us restoring our Republic or our economic freedom they only want to cease control.
They are about to spring another “crisis” on us that will allow them to take that last step toward cementing their power over our future.
Wake up and focus on the lies that you are being sold each day by the propaganda forces of the State.
The fact they are unleashing the FBI and the US Justice Department on the Fox News Network’s parent Newscorp and it’s head Rupert Murdoch, is a sign that they are willing to silence any supporter of free speach in American and that if they can take down a company the size of Newscorp then they can take down anyone who challenges them.
The coup of a socialist totalitarian state is in process and it is time for us to call it for what it is.
I am well aware of the lies. I would share with you what is the only solution but I don’t need to be banned.
cheers
Or arrested…
…FOX news is very unreliable. a good part of the reporters are left of McCain if that is possible.
there are a few really good blogs and the rest is crap and propaganda. I don’t see a happy ending. picture new o’rleans after katrina or zimbabwe ….mad max future.
I don’t disagree with you my friend. I just think it is so much better than most of the other alternatives that the vast bulk of Americans use to get their information. Some of their hosts, such as Judge Napolitano, Glenn Beck,Neal Cavuto,John Stossel tell the truth often enough that they are of significant value. But over all I agree we are in deep doo doo.
Nickel…I think you were kind of on the right path to a lot of the nations problems when discussing bond value variables. Labor driven inflation started what has long become a systemic arbitrary and ‘circular’ inflation throughout our economy that has become unsustainable domestically and in the global marketplace. Additional components operating in tandem, that has further driven unsustanable economic inflation has been low interest rates on the one hand and a crazy consumer credit system with exorbitant interest rates, generally ignored by the consumer, and thus the massive unsustainable consumer credit debt.
I keep saying it is the ‘people’ who have destroyed the economy…not government taxes and regulations. The government, in fact, has long propped up the private sector economy at a great and unsustainable cost, subsidizing the private sector as a massive consumer of goods and services along with direct subsidy funding to the private sector economy. The nations problems all started in the private sector!
The entire debt-ceiling/default line is disingenuous.
1. The Republicans need to stand up and be very vocal that this country will default only if that’s what Obama wants. Point out that revenues are more than enough to cover interest payments and current entitlelemts.
2. Republicans should point out the absurdity of the ‘if we don’t raise the debt ceiling then we default’ statement with “So you are saying that the only way we can make the payments on our past loans is to borrow more? If so then we need to stop NOW.”
But, it is EXACTLY what the Kenyan wants. His sole objective is and always has been the destruction of the middle class in America. As we get closer to the election that he knows he can not win, his actions will appear to be even more irrational. They can be understood when when recognizes that he is trying to destroy our country.
An honest person, a true leader, could have seized the high ground, here, and decreased discretionary/non-military spending, without Congressional agreement. There are several hundred billion dollars of unspent stimulus money that could have been used to pay down the debt. It is proof that the Kenyan has never intended to reduce spending that he has not retasked this money.
The debt is over $14 trillion.
That’s equal to the entire GDP of the United States for a whole year.
And that’s only the securitized debt. The unfunded liabilities of Social Security and Medicare are on the far side of $100 trillion.
Be afraid. Be very afraid. We are Greece on steroids.
Exactly, Obama’s real intentions have nothing to do with the debt/debt ceiling.
He is trying to precipitate the economic collapse of the United States so he can fundamentally transform it into a socialist country…period.
When you understand that, you understand Obama and the real issue.
The rest of the Democrats are just useful idiots, and all of this debt/debt ceiling talk is smoke and mirrors.
Obama is still playing the “never let a good crisis go to waste” game. Obama wants the USA to become so destitute, so much in debt, that the people will vote in ANY system that will alleviate the problem.
Obama doesn’t like the USA and has no skin in the game. If he was impeached and removed TODAY, he’d have a sinecure in the Soros organization immediately.
Obama wants us to be in abject misery, grasping for straws. He feels that will cause the citizenry to accept a socialist-type economy.
I paid $32.67 for a XBOX 360 and my mom got a 17 inch Toshiba laptop for $94.83 being delivered to our house tomorrow by FedEX. I will never again pay expensive retail prices at stores. I even sold a 46 inch HDTV to my boss for $650 and it only cost me $52.78 to get. Here is the website we using to get all this stuff, CentShack.com
This insanity makes one thing clear to me. Dems should never have their hands on power again.
I agree with Bob in PA and Chris in CA. The real tragedy is that this was all so avoidable if we had only followed our own Constitution. We are deviating more and more, with very predictable results ahead and none of it good news.
i like to think of myself as a conservative independent. however, not in a million years would i vote for anyone sporting a demtatoo on their soul. this little african freak wants more $$ to spend, pure and simple. his backers remind me of the song, ‘what have you done for me today?’ they want more gov. handouts, and they want them now, and tomorrow, and forever. if he can’t produce, he is history. they will look to those who will. their tool to get more handouts is the vote, legal or not. no matter what these future criminals do, run guns, forgery, whatever, no matter. just ‘show them the $$$’, your tax $$, since they pay no taxes, just get mo gov. benefits. and the list of gov. handouts to these leeches are many.
so what obummer must do now is discredit the tea party. every time i hear something from them, it is about how the tea party is responsible for this impasse. everybody got a taste of their power last election. if he can discredit them there will no longer be any reason for repub’s to block his need to spend.
Yes, we should absolutely buy into their fear-mongering and cave on our principles so the liberals don’t make us look bad. That’s been the GOP strategy for as long as I can remember and it has worked sooo well! Great idea Ron. I remember that we all just HAD to vote for McCain, too, because he was the only one who could win. Come to think of it the same was true of Dubya ($5 trillion more in debt, start of stimulus and bailouts) and his daddy (“no new taxes…. oh, except… yeah, new taxes.”)
This is our 1773.
I think Amazon has a sale on loin girding kits. Stock up now.
eBay, Overstock.com, military surplus, and the GSA, too.
America is in a political crisis, once again. This is not new, it happened in the late 1850s, the issue was slavery; it happened in ‘Nam, the issue was war. At its root, the problem is trust. The opposite party is not judged as just in disagreement; they are the enemy. The reason President Obama is ineffectual, is that most of Congress, and most Americans, do not believe that he means what his teleprompter says. The reason that Speaker Boehner is not Sam Rayburn(look it up) is that he is impotent to order his House caucus how to vote.
Every politician knew, years ago, that the US finances were unsustainable, the pile of debts was growing so obscene, that grown people will quit using our money. This has happened throughout history, people held piles of paper money, their life’s savings, that could not purchase a loaf of bread. Then the pitch forks came out. Today we do not own pitch forks.
The question is when? No one knows but it is soon and will be ugly. We live in an ugly time: vast foreclosures, soul killing inability to find work.
The only legitimacy of the Republican position, no tax increases, is that no one believes the government will ever quit spending money that it does not have. Neither party holds a shred of trust that they have the guts to quit spending our grand children’s life savings. America is at that time, at the end of a three day drunk, the realization that if we do not stop, we will die. We may die any way, but the path forward, self discipline, is the only hope of survival.
I am absolutely certain that the widows and orphans will be cut first. There is no possibility that the fat cats will lose their limousines, perks, and insane salaries. History teaches that it always takes violence to over throw an encrusted central authoritarian power structure. The primary purpose of a democracy is to evolve peacefully, to avoid these national traumas which plague mankind. We shall see if America will survive. Every generation has to earn survival, but there are few brave people in Washington D.C., now that Walter Reed has moved away.
America has a real crisis, once again.
Mr. Radosh
Do you have children? Did you ever have one of them throw a tantrum in the check-out line at the Supermarket when you refused their demand for some of the candy?
Well, did you finally give them candy or not? And if you gave them the candy, did that STOP future tantrums or ensure them?
This is simple … WHY are you advocating that fiscal conservatives GIVE candy to Obama & Dems that we cannot pay for and you will ensure the same tantrums down the road.
Simply put; Obama does not want a strong America. He wants one in his image. Incompetent and insouciant.
I’m going to do a Youtube video:
IF this administration were NOT made of subversives, they would have called the nation to rally around a plan to save the economy, they would have explained to the American people that, in order to preserve the “common good”, we have to make sacrifices in the next few years.
They want to raise the debt ceiling AND they want to raise taxes: the first goal dooms the dollar, the second dooms the economy.
It is not matter of looking for “compromises” between a paleo-marxist view of the world and free markets, it is matter of stopping the policies of this administration, policies that are intended to destroy America’s might.
All this circus that has the political activists captivated is just that…’political circus’ and nothing to do with serious address of the nations prpblems.
Heres what it boils down to when you blow away all the rhetoric fluff.
1. The Executive/democrats demands a long term plan of approach to the problems.
2. The TeaParty GOP demands only a short term ‘political’ bandage approach to the problems.
The President and Demcrats have out smarted the TeaParty GOP House folks…as usual! The President/dems have ‘quietly’ had the Simpson-Bowles plan in their pockets all along while letting the TeaParty GOP House folks make political fools of themselves.
Meanwhile, the more adult body of government today, is the Senate. They have been busy working on a longer term plan including much of the Simpson-Bowles recommendations for which the Pesident and the Democrats have had in their pockets all along.
So lets see how that correlates. A ‘bipartisan’ Simpson-Bowles commission plan. A ‘bipartisan’ senate plan including much of the bipartisan Simpson-Bowles recommendations. Last but not least, a President and Democrats who who will bottom line around the ‘bipartisan’ efforts of Simpson-Bowles and… the ‘bipartisan’ senate plan incororating the Simpson-Bowles recommendations.
The TeaParty GOP House is all about ‘politics’ while the bipartisan Senate and the President are about long term fixes and effective governance to support those fixes.
Yes, of course, the President himself, is involved in ‘politics’ over these issues but, he has to do little strategically, as the TeaParty GOP of the House is playing right into his political strategy.
1. The Simpson-Bowles recommendation. Combination in spending and revenue.
2. President recommendation. Combination of spending and revenue.
3. Bipartisan Senate recommendation. Simpson-Bowles spending and revenue.
4. The people. “Only with spending cuts”: 20% (Gallup July 7-10, 2011)
Then we have the TeaParty GOP ‘political’ circus folks over in the HOUSE side….representing ALL the folks who have partied, drank all the champagne and danced to the band for decades and now don’t want to pay their tab because, they claim, it may put at risk their jobs and income.
The federal government has propped up this nations economy for far to long since the 60′s and I suggest its time for the people who’ve benefited, to man up or woman up and face the consequences of their irresponsible and unsustainable choices! Lets see what the moral fiber of the new generations really is when put to the test. Pay up …. or run?
that is really funny.
your liberal is showing …in spades. what is Soros paying these days?
Congrats,
A totally ideological discourse, without any reference to the facts.
Fact:
debt 14 trillions, GDP 14 trillions, i.e., value of the dollar: not the paper it is printed upon.
Fact:
the democrats want to increase taxes , thus scaring venture capitals away from America and causing a longer depression.
Fact:
this administration is made of marxists who have repeatedly declared that they want to decrease America’s power and might.
If the democrats win this round, there will be poverty and misery for everybody.
And that is what the subversives want, because it will help their cause.
They don’t fare well with a strong middle class, they need proletarians and lumpen-proletariat (this last , for the riots.)
Sherab…Let me share a fact with you that you ignore!
Before the dance starts the dancehall is nice and clean. When the dance is over the dancehall is a mess.
For a 182 years the generations (people) struggled to build a sustainable nation and economy….most often with great or the ultimate sacrifice. For the past 53 years, the generations (people) have gone out of their way to destroy what those of the previous generations handed to them.
The government has always and continues to be of the people…by the people.
All the rants of yours and so many others on here, blaming the government for the mess after the dance ends, is far beyond disingenuous.
I liked the nubers you indicated as fact but….some how you seem unwilling to factually report, how much of those number you contributed.
Outsmarted? No. They have huge advantages. They have the WH and the Senate. They also have a complicit Press. It is also the way the system was designed to work, so that populist changes of mood could not immediately alter the government. The House is not supposed to be able to change things. Their only real power is the power of the purse, but it is no small thing. Blaming the House and the GOP and the Tea Partiers is grossly unfair. The House can only do what it is now doing, holding the purse strings.
Sen. Coburn has come out with a 600-page budget with $9T in cuts over 10 years. It cuts all areas of government. It will be the answer. The House will support it. The House will not support the Dem Senate plan. All spending bills (budgets) must begin in the House. Scorn them if you want, TT, but they will decide the outcome in this. This is their one area of power. Do not be fooled by all the political rhetoric and positioning.
Besides, the Dems have stated very clearly that they will not introduce a budget, because it would be “foolish”. If ti becomes advantageous to do so, then they very well might, but I do not see that as a highly likely possibility. They want the Republicans to make the unpopular decisions, so the Dems can demagogue it to get themselves re-elected.
Gen. Malaise is wrong. You are not a liberal, Soros-paid troll, but clearly, you have been spending a lot of time on lib sites lately. You should be careful, TT. Garbage In, Garbage Out.
Be well.
if he isn’t liberal what is he/she ? I will go by his words which makes him a liberal in my book.
not sure
but tt seems ruffled by “tea party activists”
“Damn kids, too impatient and too irreverent to procedures and decorum…”
“It’s the people’s fault for the mess we’re in….”
seems like a hybrid of karl rove and “a phycisist”
You would be mostly correct! I have little regards for most of what the Tea party folks evolved into! If you’re a Tea Part folk, then you should be ashamed of your constitutional knowledge and or you have no respect for it…one or the other! Yet, all of you first claim, to be the ardent supporters and protectors of the constitution.
The constitution gave to the ‘people’, the ultimate authority to determine what direction the nation should take and ultimately become. The constitution further defined ‘representation’ of the people to include equal ‘representation’ of the [minority] in the government processes.
The constitutional grant to the people has never, in a single instance, been deviated from!
So lets disect this much! 1) A GOP minority faction, calling themselves the Tea party, finds fault with the constitutional ‘majority’ rule and demands the nation conform to a minority-minority position. 2) The Tea Party folks, like the majority of American’s, had no complaints when the 50+ year rock-n-roll party was booming. 3) Now that the rock-n-roll party has gone belly-up financially, the Tea party folks rise up to claim their righteous purity and place blame on others.
Next! Only a fool would claim capacities to fix a problem that has not fully been identified by its causation(s). Then, here comes the ONLY Tea Party publisdhed, somewhat comprehensive plan, through the intellectual brillance of Rep. Ryan. What does his plan do? Raises the national debt over ten years with ‘assumptions’ going forward! Thats Tea Party brilliance! Next comes more Tea Party brilliance. A rehtorical thing they call the Cut, Cap and Balance uummm plan, with zero substance. The nation has ‘been there…done that’ three or so times in crafting debt caps starting in 1917 and more recently in the 90′s. Cut-cap-balance are all synonymous in accounting functions except, for the Tea party folks it appears!
Moving on to the Tea Party mantra for JOBS…putting taxes aside for the moment. The great Tea Party plan is to slash government to the bones while the nation is in a deep, jobless economic recovery. Slashing the government doesn’t only mean adding government jobs to the ‘unemployeed roles’ for which the Tea Party folks have no grasp of, but it takes payroll dollars out of the economy. It doesn’t stop there! It also reduces the governments requirements for goods and services provided from the private sector commerce economy. Case in point! NASA just gave out 11,000+ pinkslips that adds to the unemployment and lost from the economy. Nobody yet knows enough to speculate on how many indirect jobs from the communities, contractors and sub contractors involved will be adding to the unemployment and lost from the economy. By the way, I note that PJM didn’t find such unemployment and economic loss in a single day worth commenting on. Daxypoo…who and what is going to absorb these losses starting next week…next month or so? I’m certain it must be in your Tea Party manual somewhere!
Lets carry on while on this thought. Slash the government! Okay, I’m all for that! Slash every private sector federal subsidy. I’m especially for that! Time for all American’s to learn how much they rely on those subsidies and that include a few million jobs. Lets get all the employed private sector, government welfare cats, on unemployment and out of the economy. Going on! Its long time for American’s tyo pay the full costs of goods and service that so many government subsidies regulated to first continue to be on the shelves and second to be offered at a reasonable price. R&D? Time American’s begin to pay the full costs rather than the government subsidizing it. On no! Don’t tell me that not in your Tea Party manual!
Theres no better time than during a deep jobless recession to do all the slashing. I mean it! Time for those with all the smug, righteous rhetoric who are still employed to learn some lessons and feel the pain!
Oooops! Silly me! I forgot the Tea Party slash the taxes plan. Okay, I’ll play! What taxes are we slashing and to what? Seems the Tea Party folks are have some very tough problems in figuring it out…or if they have, its a secret. maybe cause they can’t grasp that commerce ‘rates’ and individual ‘rates’ are the ‘rates’ payed…I mean by the 55% who even pay any taxes.
Okay Poo, I know you have all the answers. How about giving them up!
Ok, I’ll play.
Slash the government! Yep, I’m all for that! Slash every private sector federal subsidy. I’m especially for that! Its long past time for Americans to reap the benefits of goods and services in a market unskewed by federal subsidies. While we’re at it, an elimination of ALL 501cX corporations. Including churches. R&D? Time for the private sector to pony up. Time Americans begin to pay the true costs of goods and services rather than the government subsidizing them – they’ve been paying anyway. Think ethanol subsidies are a good idea? Who pays? Why, we do, all the way from raw material (see farm subsidies) to production (subsidized by your tax dollars) to the grocery store (higher food prices due to a skewed market.) If your good or service won’t survive market competition, why should it be subsidized anyway?
I could also think of a few fun things to do involving bureaucrats and a main-group element, but I digress. Politicians are pimps. You keep ratchet-jawing about the will of the majority. The majority have no more God-given rights than I do; it certainly hasn’t the right to steal from me or deny me my rights to live, liberty and property. The worst form of government I can think of is a democracy. What in the world makes anyone think a mob of publc school graduates is qualified to vote on anything of import?
["It is also the way the system was designed to work, so that populist changes of mood could not immediately alter the government."]
Pretty good assessment except ‘could not radically alter the government’ would be more in line with the constitutional intent.
["Sen. Coburn has come out with a 600-page budget with $9T in cuts over 10 years. It cuts all areas of government. It will be the answer. The House will support it."]
You misrpresent the Coburn 600-page budget proposal. First, its not by any means a legislative ‘bill’ as its being called. It does however, has ‘bipartisan’ input. Regardless, the only serious ‘plans’ that will be considered is the crew of six and Coburns….both incorporating at least some of the Simpson-Bowles recomendations. One of those, or parts of both, will most likely come to the floor and be fought over with endless amendments and ‘political’ silliness before making it (if anything will) to what will be another House circus in reconcilation.
["Scorn them if you want, TT, but they [the House] will decide the outcome in this. This is their one area of power. Do not be fooled by all the political rhetoric and positioning.”]
Thats not a correct representation of the ‘congressional’ process. Assume a Senate finalized a bill goes to reconciliation. Lets assume the House and Senate reconcil a legislative bill. Now what again, is the House going to do? Reject their own reconciled legislative bill in order to refuse to pass an appropriations bill?
Thanks, but I let all the socialist and liberal charges roll off my shoulder…even the charges that I visit ‘lierbal sites’ and am brainwashed by the liberals agenda’s. Activist often have a tendency to get off or be led off on diversions and away from all the core realities. Theirs, is often the excitement and comradery of battle for blame and blood. That fortunately, is not a part of our constitutional governance process.
Finding fault with Republicans (to the extent they represent conservatives) is a liberal meme so pervasive that — unbeknownst — it regularly finds expression in nominally Right alternative media. Standing on principle sometimes requires that we put to the test whether the sky is really falling.
The exercise of political courage is not without the risk of consequences; otherwise, it would not be called “courage”.
What we have in this debt “crisis”, in my view, is a pitched battle in a larger war — a war unrecognized as such by too many Republicans. It is one between the Jacobin Institutional Left and the will of the people. One between the unchecked arc of government growth and and liberty. If the battle is concluded without serious reductions in spending, Progressives will have increased and consolidated their power, and there will be no turning back.
Yes, Republicans are as guilty as Democrats in the profligate spending of the past several decades. At the very least, when they were elected they have not rolled back the spending of the Democrats (e.g. Social Security, Medicaid). At the worst they have tried to buy Democratic votes with their own big spending (George Bush and the two Republican houses on Medicare in 2006). Republicans can redeem themselves, however, if they insist on real, permanent and immediate (within less than 2 years) cuts in spending.
“Japanese militarists who bombed Pearl Harbor. I suppose that’s a step up from calling them Nazis.””
Umm, no, it is not. The “Japanese militarists” were members of the Kodo-Ha, the Japanese Nazi equivalent. They are why Japan was allied with Germany. So, it really was a Godwinian thing to say.
There was a vulnerability in the Japanese Constitution. The Emperor ruled in time of peace. In time of war, the military took over. So, these Kodo-Ha figured out that, to take power, all they had to do was start a war. A colonel of a regiment would order his troops to provoke someone. Voila. War. The military, with all their Kodo-Ha adherents (about 1/3), would take power.
Freedom requires a moral people, because it requires certain vulnerabilities. When a people are immoral, they abuse their freedoms and lose them thereby.
One of the Doctrines of the USA is civilian control of the military. Theoretically, some US colonel starting a war is impossible. They also would never be used to repress teh people. The military is full of moral people.
More and more, though, there are more Leftists in the military, less morality. Do not believe our military cannot be undermined. The military draws from the public at large. If they are more immoral, then so, too, will be the military. Thus, gays in the military. More immorality. A return to the draft would lower the moral standards and the morale of the military. So, of course, they are talking about a draft.
I am glad to see the pushback from the moral people of society, via the Tea Party. That is what the Tea Party is, a re-assertion of morality. The new crop of politicians is really a better bunch of people. Lots better.
["the Tea Party is, a re-assertion of morality."]
Marc….Truer words never spoken so forthright in more recent debates.
I’ve been saying for awhile now, that the Tea Party folks are ‘re-asserting’ themselves back into their former GOP Religious Right/Christian Coalition movement state-by-state where they can. Take a look at the states in which they have some majorities and see how many of their ‘old’ social agendas are being brought to the floors of the congress’ and passed. The Tea Party folks are using every strategy they can to divert national attention away from that…..and its working for them….lest their true identity and agenda’s be exposed.
Now don’t mistake my position on the old Religious Right/Christian Coalition. Some of their agenda’s I agreed with and some not so much. I’ve been know to advocate on behalf of some of their issues and have a record of doing so. However, I have a major problem with groups that misrepresent who they are and what their true agenda’s are. Thats not only a character flaw but a serious morality flaw in and of itself.
The origins of the Tea party I have NO problems with! However, here comes the old Religious Right/Christian Coalition folks into the mix and now the Tea Party is far off its base of origin…..JOBS, the economy and a constitutional federal government. Now, as I said, in the states they’re all about the old Religious Right/Christian Coalition agenda’s and at the federal level (the diversion) they’re all about consuming the media and the people with ‘political’ jousting over NOT JOBS, the economy or a constitutional government but rather a diversion issue of national debt.
Any rational person, in my opinion, would want prioritze with an approach fixing the economy, getting folks employed and revenues coming in and then approach fixing the structural fiscal problems of government. Just guessing from my observations, they are clueless in how to fix and reconstitute the economy jobs. The sad fact is…the President approached the economy and jobs with a proposal for whatever it was worth and it was shelved ‘immediately’ by the GOP for a fight over spending and the debt for which the democrats have sat back and said “okay” let them go down that road over fixing the economy and jobs crisis. The dems will pull that card back out come closer to election time and so many more are jobless and the economy still in the tank. Talk about being handed an ‘political’ ace! Historically, it is true that folks ultimately vote their wallets on election day in times of economic downturns and high unemployment.
If lowering taxes was the magic pill so many Tea Party-GOP folks are blindly advocating as a fix for the economy and reconstituting jobs, NO politician of any party would get in the way of lowering taxes! They would all be trampling over each other to take ‘political’ credit for lowering the taxes and saving the economy and reconstituting jobs.
So, no, I don’t view the Tea Party folks as being who they said they were or who they say they are now….especially at the federal level. At the state level, they’re more exposed…in fact, fully disclosed, considering the numbers of social agenda bills advanced over jobs and their economies.
Also, I haven’t noted a single state in which the Tea party claims victory, that has refused a federal government handout. Hypocritical? I’ll leave that to others to analyze.
The U.S. government has been in default since the creation of the Federal Reserve in 1913, when it started the steady intentional devaluation of the dollar. The government’s AAA rating has long been a sham.
Default and get it over with. That is the only way to slash spending.
Whatever the Republicans do or don’t do, Obama and his fellow progressives, now, disturbingly, everywhere you look, are about one thing and one thing only; advancing their Progressive agenda, without effective opposition, blaming the chaos that ensues on the Republicans who continue to play the hapless good guy while the Left continues to skewer them at every turn. The Republicans on the other hand cannot have a bowel movement without a swarm of press, slavering at the bit, eager to indulge in their favorite pastime of assassinating Republican’s character and reputation, an art form that with their willing and dedicated partners in the information world, they’ve elevated, unchallenged, to a science.
As for not raising the debt ceiling, there are mixed messages, everything from utter fiscal disaster, as suggested in this article, to something not desirable but manageable. Major commitments, debt payments, social security checks, veterans benefits, military payrolls, disability benefits, etc. can be met with monthly tax receipts but, and it’s huge, much of what else the Government currently pays out will have to be eliminated or seriously curtailed. With Obama and Reid at the helm this can only spell disaster for the Republicans.
Unfortunately, if the Republicans allow Obama to prevail, raise the debt ceiling with empty promises but little in the way of real spending cuts and new taxes currently ineptly disguised as revenue enhancements and the closing of loopholes, they will take the blame for the chaos that will inevitably continue through 2012; a classic case of damned if you don’t, damned if you do; backwards, yes but a better fit to this scenario.
How the Republicans survive this fiasco is the root of the intractable problem they face. With the Democrats holding the Senate and in lock step with the Executive they hold a Royal Flush and the Republicans a pair of deuces valiantly trying to bluff their way to a win. It is unlikely that whatever happens will be good for them or the country.
It becomes more obvious with each passing day of the Obama Presidency that America is in the midst of a civil war; an as yet non-violent war of words but a war nonetheless between those who seek to take this country, permanently, far to the Left, a socialist “Utopia” where what’s good for all takes precedent over what’s good for the individual, from each according to ability to each according to need, VS those who want to take it back to stand on the principles that made America great, that all men are created equal, the unalienable right of every individual to life, liberty and the pursuit of happiness, freedom of conscience, freedom of speech, the right to bear arms and last but not least, minimal government intervention, the dream of the Founding Fathers.
It’s time the American people, those who can still think for themselves, got a wake up call.
Stir the POO POO there Ed.
This article is wrong. The politicians run up the debt all the way to the point of defaulting on our payments and to fix it we just raise the debt ceiling…every time they do it? I can see the first time in the countries history when they raised the debt ceiling the first time, ever, but when it continually happens, who is the sucker then. You wouldn’t do it for your own kids, and yet we let the politicians back us into this corner with threats to the elderly, the military and the credibility of our entire country. Enough already. Stop letting them do this. They will do this every time to get what they want. We have people finally paying attention, so we need to stop it here, not give in to corrupt politicians who threaten us.
Looming default crisis? There’s no looming stinking default crisis. Uncle Sam can’t borrow in excess of 14 trillion? No problem, sell assets, like the 80 million barrels of oil at 100 dollars a barrel in the strategic reserve. That should be good for six months of operations; the president just dipped into it for fun and games and to make up for Libya’s missing oil to the Europeans. Certainly we can sell oil for gramp’s and grandma’s social security? And what about those 2 trillion in social security trust fund bonds? They can be redeemed by the Fed, because the bonds already count as part of the budget that is under the debt ceiling. Hey, with current tax revenues and those trust funds redeemed by the Fed, that’s two years of operations. And that’s before program cuts and selling other asset–like NASA, and Amtrak, and federal loans for college students to work on their gender confusion for four years. We already have a State Department to do Muslim out reach. They are all money losers. No problem, the “crises” will still be going on right up to the general election, next year, just in time for the presidential voting and canceling those Federal dues to the UN.
Don’t raise the debt ceiling and, voila, we balance the current budget. Start cutting and don’t stop until receipts match expenditures! No superfluous “cut, cap, and balance” legislation needed. It’s so simple that the retards in the gov’mint cannot fathom real spending cuts (as opposed to reductions in the “baseline.)” Enough is enough.
Bill Daley said on Fox News today the Republican house is saying with their bill that it’s our way or nothing. He said nothing about the Senate not presenting any bills for consideration. The Senate will not allow any budget bill to reach the floor. To do so would jeopardize losing the support of their base. By keeping the budget from a vote they hope to protect Dem. senators and the fallout from a presidential veto. The US Senate has become just another presidential committee. The Democratic Party has become a disgrace, unworthy to be called an American political organization.
Everybody in Congress is aware of the BiPartisanPolicy.org analysis of “X” day, see link http://www.bipartisanpolicy.org/sites/default/files/Debt%20Ceiling%20Analysis.pdf
Goto page 16 of 38. See that after “X” day, there is enough revenues to pay (1) all interest on the debt, (2) all Social Security, (3) all Medicare and Medicaid, (4) all defense vendors, (5) all active duty military, (6) all military veteran benefits, and (7) more than half of [forever extended and extended and extended] unemployment benefits. By any rational person’s dictionary, this is no default.
Everybody understands that after our fellow Americans decided to put Democrats in charge in November 2008 of the White House and both houses of Congress, those Democrats decided to increase the worst Bush annual deficit of $400 billion to $1.5 trillion, all in spending increases. Everybody understands that. The correction is to undo the spending increases, not increase taxes. If Boehner doesn’t blink, and refuses to increase taxes, no matter what, I’ll be the first to support his next re-election, something a few months ago I couldn’t imagine possible.
I honestly believe that if I were of the generation obligated to pay for the US debt without having reaped any of the benefits, I would not be happy.
Not to worry! The generations that didn’t ‘reap’ the benefits of the party (may) only be being born.
Hey ‘champ’. Regarding the ‘minority’ Tea Party and like minded types, it’s for these same ‘despised’ people you speak of why a MAJORITY of Tea party newly elected politicians brought their cities, counties, state’s a BALANCED budget.
Here in Virginia, newly elected Gov. McDonnell did just that. As well as ‘doing the impossible’ regarding state budget NJ’s Chris Christie. Both men backed by the Tea Party.
Virginia’s prior Gov, Democrat Tim Kaine (check out his record as Gov.. a travesty), whose campaign against McDonnell was a TOTAL JOKE, will now be running for the upcoming vacated Senate seat. HAHAHAHA
2ndly, your crying crocodile tears for NASA space exploration employees, check your emotional diatribe at the door.
NASA employees have known for nearly 2 years of the space program being mothballed. I’m sure MOST have either gotten a job in either the productive private sector or continue their sponging off the tax payers teet at ANOTHER government gig.
Heck, I bet even loony, mother Gaia worshiping James Hansen will find a job. Stranger things have happened.
This result alone will save taxpayer’s some dough.
I bet you have the same rationale for the upcoming relic of USPS pink slips, office closures. Even after being + $8 billion in the hole for 2010 alone. Honestly, how many USPS offices need there be in urban areas? If it wasn’t for junk mail and the few remaining paper-billed customers, the USPS would go way of the dodo. Wishful thinking..
Nonetheless thanks for your nonsensical rants. It reinforces the inevitable head shake I unavoidably produce when listening to Pelosi, Durbin, Rangel, Waters, Watermann-Schulz, Kaine, Frank etc., speak.
-Independent non kool-aid drinking Capitalist.
First! Name isn’t “Champ” and so you start with the display of a character flaw before you even start with your propaganda speech.
Now for a bit of reality! If it were for all the GOVERNMENT SPONGES in Virginia the state would be nothing. Next, I don’t recall as yet, Gov. McDonnell rejecting any federal government handouts so, unless you can dispute this, Virginia is yet another state reliant on government socialist handouts.
NJ’s Christie was NOT a Tea Party fronted candidate so get your facts correct! Supporting a candidate does NOT make the candidate property of some supporter group. Christie forged his own path to be a cnadidate and governor long before there was a Tea Party. I think the nation got a whiff of some of the real Tea Party fronted candidate whacko’s in the news for weeks.
To infer that 11,000 employees of NASA went to work at new jobs the next day is a display of certifiable mental disease. Those job losses will account for many more private sector jobs losses yet to be determined in number. Then you attempt to speak to savings as if you had even a minute bit of economic intellect. For each one dollar of ‘personal income’ lost, it equals seven dollars lost from the economy. Lets supose you are wrong (which you are) in how easy it was/is for those employees to find another job. Now they’re using resource rather than generating resources….at a time when the nations economy is in increasingly high unemployment mode and a deep, deep, long term recession.
As to all your rant about the USPS. The USPS is independent agency and self sustaining using NO government funds. “The USPS has 571,566 full-time workers, making it the country’s second-largest civilian employer after Wal-Mart Stores…”
Maybe having a clue would save you face when pretending to be some knowledgeable activist.
‘Activist’. I’m an ‘activist’? YOU’RE the one CONTINUALLY misconstruing, changing mine and other commenter’s verbiage to fit your narrative.
1. A majority of D.C.’s government employees hail from D.C. and Maryland. OUCH!!
2. I DID NOT say NJ’s Christie was the Tea Party’s frontrunner but BACKED by the Tea Party.
3. I DID NOT ‘infer’ NASA space program employees went looking for a job ‘the day of’ their pink slip. hahaha I ‘inferred’ the aforementioned employees had PLENTY of notice of the space program getting 86′d. Also, the ‘..$7 dollars lost’ nonsense you spoke of is moot for these ‘government’ (i.e. see taxpayer fronted) employees receive their buck from taxpayer ‘revenue’, not the private sector. A shame you didn’t defend James Hansen.
4. The USPS.. WHEN (not if) they have a shortfall in revenue over expenses, Congress cries ‘Uncle’ and ‘provides’ (again, think private sector dollars/’revenue’)the difference. This past year was in excess of $8 billion – The last I heard, Wal-Mart MAKES MONEY!!!
Please, do share with me your ‘economic intellect’… hahaha
Leftist troll. I believe Arianna’s calling. You better get that..
sad ….but there is another crowd that is not going to see any return. all those taxpayers that put into the system and didn’t take out anything. like those that paid their mortgages and now they get to pay those of their neighbors.
those who saved for their retirement and have their funds reduced to nothing (if it isn’t nothing yet it will be) due to the economic policies of tax cheat Geithner and fool Barnake. ….right they were just following orders …
it isn’t just the youth of tomorrow that are being screwed over …it is every honest person in america.
You remind me of the guy who goes to Vegas, stays in the $2,400 penthouse for a week, partying and running up a huge tab and at weeks end wins $50K and walks on his tab…..blaming the hotel for a dirty towel that didn’t get exchanged.
…not even close. I don’t like gambling, it is a tax on stupidity.
I pay my taxes. I pay my way. I honor my commitments.
…your insults will not change how I act. You may have mastered the alinsky principals but honest people still see through them.
Problem is, in all your hypocritical righteousness….you’re a socialist in which any honest person can discern! Employee or business owner…you’re a socialist recipient! If you’re a resident or use the services of any community, you’re a socialist recipient. If you use any public utilities, you’re a socialist. If you purchase any products or services that recieve government subsidy and price support, you’re a socialist recipient. If you attended an education system, you’re a socialist recipient. Shall I continue?
Funny how radical activists on any side of their issues have no sense of reality, the reason for which I supose, there has long been a clinical diagnosis for.
Ron Radish: liberal to his core.
Unalaska….You’re hoplessly lost in your own world of nonsense!
“Congress gives the Postal Service about $96 million a year in compensation for postage-free mailing for the blind and disabled and for absentee ballots sent from US citizens living overseas. But beyond that it is self-supporting.”
(06:00 AM ET, 07/20/2011)
You’re also NO economic genius! You haven’t a clue do you, how much Wamart has lost in domestice operations alone….do you?
Lost revenue doesn’t mean bankrupt and unable to meet its obligations. Sometimes lost revenue, in any given enviornment, may well mean ‘trimming’ is on the board for which the USPS is going to be do.
SO, your ranting about the USPS in the context of government spending and slashing was a direct reflection of incredible ignorance…as was the rest of your commenting and responses.
Mr T.T., please, PLEASE provide the site(s) stating the USPS stays in the black ‘financially’ by selling more cardboard, stamps and tape with NO government intervention.
As well as a reference, at the very least steer me in the direction as to HOW the USPS plans to pay/payback the + $8 billion from this past year ALONE. If you can’t sniff another, ‘Too big to fail’ situation here.. paraphrasing Mr, Foxworthy, ‘You might be a government employee’.
My ‘ignorance’. Seriously, guy. The USPS and their lack of being able to cover their OWN bills, passing that due onto the shoulders of taxpayers has occurred for decades. Keeping blinders on and slinging nonsensical fiction isn’t helping your cause.
WHEN does the USPS plan on closing 100′s of their urban area offices? They’re still hiring!!! Yeah, the USPS is TOTALLY private sector. Billions in debt and still hiring. Geesh.
Even the Smithsonian sites, including D.C.’s National Postal Museum is 2-1 federally funded!
I know Wal-Mart hasn’t been strong the last 2 years due to online shoppers and the recession supposedly ending. Wal-Mart still made $419 billion the last fiscal year. Though is expanding in India and 13 other countries.
You know why Wal-Mart will ride out the economic storm and the USPS will continue to have a their handouts? Wal-Mart CHANGES, streamlines their business. USPS hasn’t changed in 30 years due to it being on the government dole. Just like other government/federal entities.
I don’t shop at nor like Wal-Mart but respect their teeth in the business game. I’ve YET to see Wal-Mart ask for a handout, though.
You’re hopless!
FY 2010 U.S
Comparable store sales in the United States……..(-) 0.8%
Walmart U.S. ………………………………..(-) 0.7%
Sam’s Club ………………………………….(-) 1.4%
Thats not counting the $8B YOY loss in revenues of closed operations
“The USPS FY 2010 $6B ‘net’ loss was driven primarily by the statutorily required $5.5 billion payment the Postal Service made to its Retiree Health Benefits Fund this week. If Congress had granted the USPS relief from this payment, the USPS would have ended its fiscal year with an operating loss of about $500 million, according to the organization.”
Now, I make it a policy to not do the homework for those who present themselves as you do but, rest assured if you know how to dig around and through Walmart financials, their FY 2010 domestic lost reveues was sure greater than the USPS’s.
You seem stuck on stupid! The federal government and tax dollars doesn’t fund the USPS other than the ‘fee’s’ charges I posted up above. THATS THREE TIMES!
T.T., this will be my last response because you Sir/Ma’am are a counterproductive ideologue. i.e. Illiberal.
1. You stated the USPS is ‘private sector’, though in your last message you ADMIT Congress footed the bill for its losses (hmm.. I said that earlier. Sounds a ‘bit’ like a federal governmentpet project to me..) due to being sucked dry by USPS pensioners. Wow, that sounds an AWFUL LOT like public sector/Union dilemmas. Oh, wait. The USPS IS Union. Silly me.
2. You’re going by the USPS’s ‘..according to their organization’ statement. Yep, I’m sure their findings are ‘legit’. Sure.
Remember the ethics committee being investigated by an outside source?
I bet the DoJ’s investigators looking into ‘Gunwalker’ and ‘Fast and Furious’ will find nothing as well.
Even yourpartisan MSM know the score.
http://www.msnbc.msn.com/id/43259512/ns/business-us_business/t/postal-service-running-out-options/ and a quote: “Postal service executives proudly note that if it were a private company, it would be No. 29 on the Fortune 500″.
The 8.5 billion loss in 2010 is an increase of $4.7 billion from 2009 alone..
http://www.cnsnews.com/news/article/us-postal-service-accrued-record-loss-85
http://www.theoaklandpress.com/articles/2010/10/23/opinion/doc4cc3a237064f2250546497.txt
Yep, I’m sure they’ll make these losses up by more Union dues and closing offices. Yep, it’ll happen anyday now. Don’t count on it. Like Romulus and Remus the USPS is banking on Congress, again, to reallocate tax payer dough to these Civil Service types. Nothing like keeping an antiquated relic like the bloated USPS afloat.
Enjoy your postalnews.com/’postalnewsblog’ spin, champ.
Absolutely the republicans are at fault. They too, spent our money like there was no tomarrow under GWB. You see, we trusted these criminals to look after OUR government and they betrayed us hopeing we would not notice. They are all at fault. They are the worst kind of life. An animal that was like these life forms would be exterminated as soon as possible.
What is the resistance of generally informed and astute observers/writers to see “progressive/liberal/Democrat-Rinos/multiculturalist/internationalists cackling with glee among themselves now their plans effectively accomplished. Okay, it did take a half century – or more if we go back to Woodrow Wilson- but what matter time if and when it so well succeeds. And even more hilarious to the planners when there doesn’t seem a lot to be done about it as virtually ALL policy makers and engineers of the body politic are troops and officer corps (core!) of these “progressives”? The body politic corraled by educational and media/entertainment big-shots as shilla for the New Age- New World Order. Politics now merely soap opera scripted for the population by these destroyers programming – literally – the population to total uninterest except to cheer the latest political or news glamour boy/girl. With their wizard’s wands of TV and Film.
Remember the election of 1960 – the first presidential election after Sputnik -brought Kennedy the First, via bizarre vote count in Chicago, with his brothers, into all policy offices of the Federal Government: Executive, Justice and Congress. Obama out of Chicago, the nucleus of the fortune for the “dream”
of Joseph P.Kennedy for a Kennedy Dynasty, was dubbed the New Kennedy by establishment media courtiers of the Kennedy Camelot. This New Kennedy also living the “dream from his father” gave one speech in which he described “my Sputnik moment”, jumped on by critics as just another gaffe by this gaffe-prone Executive. WAS IT? Was this just meaningless blather?
That Americans, the most privileged citizens on the planet in personal liberties and possibilities for individual life, liberty and pursuit of happiness evolving into the richest, free-est, most generous,most respected and envied society in history should have so easily sold their birthright to groups/brotherhoods of power- mad psychopaths with pretty faces and a great line in schmoozing the population to the political soap opera they designed. To convince/brainwash Americans that all life is play/entertainment. Not serious,just another toy in the playpen. The false gods of Hollywood and Big Media the new idols, Sodom and Gomorrah have nothing on modern Americans. America just another success story on the template of socialism/communism by which personal freedoms are increasingly removed with the approval of those to be imprisoned by micro-management of their lives by their betters. Lightbulbs?
Have a look at Europe, now also in throes of the final solution of national
sovereignty and independence. To be RULED henceforth by Self elected, with their chosen successors, international socialists/progressives/liberals/etc. The reactions of the policy makers in the face of their failure/was it really a faulure?: ever more removal of the power of the populations to choose their own ways of life,their economies, and leaders. To be ruled instead by a central control body in Brussels and Strasbourg. On the base of economic destruction engineered by their introduction of a common currency the EURO promising some of the populations a free lunch paid for by other peoples’ money. A sucker’s game which the debtor populations joined with alacrity. What are these “leaders ” now doing. Taking even more money from the suckers who believed their tall tales. Cominterm, Commissariate anyone? “For the good of the people” as in dictatorship of the proletariate.
The word, idea, which so many of the informed astute shy from IS conspiracy. Yes Conspiracy. Members of the Party, card-carrying or not, fellow travellers and useful idiots do not call it INTERNATIONAL Communism because it has a pretty sound and might be set on a rock backing.
Is it serendipity, incidental, accidental, ordinary development of societies that it’s all happening in the West,the “last man standing” of societies in which individuals, NOT ruling classes, decide how they want their individual lives and that of their nations to be managed? Is this truly the FINAL SOLUTION of that dream of liberty in the United States of America? Sacrificed at the hands of shamans?
I have a sheet music copy of your song “Beyond The Sunset For Me” altho I’m not sure where I got it or when. It doesn’t have any names or copyrights or any other info on it so I was wondering if you know or could tell me who wrote it? Thanks a lot!!