There is perhaps no better advertisement for an Ivy League education that this comment from a student of two such fine institutions;
“Steve, the math is the math. You can’t lower rates and raise revenue, unless you’re getting revenue from someplace else,”
For those of us that lean fiscally conservative the following headline was meant to give solace to the frighteningly steep rise in our nation’s debt;
The borrowing refers to the need to yet again raise our debt ceiling and allow politicians the ability to spend more by borrowing more. I, unlike the article’s author, used the term “politicians” rather than just Obama when referring to the one(s) doing the borrowing. This story is should be primer on how the political class (both right and left and middle) play the game to ensure that they stay in power while seeming to play to their bases.
There was a news item a few days ago that got very little attention yet was perhaps the story of 2012 less than two weeks into the new year. It should have been front page above the fold with a bold, red headline. The total debt of the United States now exceeds our Gross Domestic Product, or
“The 100% mark means that your entire debt is as big as everything you’re producing in your country.”
“Economist Mark Zandi of Moody’s Analytics says reaching the 100% mark shows ‘the grave need to address our long-term fiscal problems.”
Perhaps one of the saddest statistics that can be pinned to George Bush’s second term and hyper-inflated by the Obama Administration is the fact that as of August 2011 more than 45 million people were receiving food stamp benefits. So approximately 14 percent of Americans need government to survive. Since half of the recipients are children their parents are obviously unable to properly care for them. These “safety net” programs have morphed into the natural order of things for many families; relying on the government dole to exist.
“When the people find they can vote themselves money, that will herald the end of the republic.”
I’d like to suggest that the Obama Administration be renamed the OBA Administration or the Obama Back-Assward Administration. When most of us have a problem we try to find and fix using logic. For instance, my car was having some trouble starting so I had the battery and alternator checked. If I were to act like the Obama Back-Assward Administration, I would probably have my key checked. It would be funny except that these folks are “running” the country or should I say “ruining” the country…
Welcome back my friends to the show that never ends
We’re so glad you could attend
Come inside! Come inside!
Come inside, the show’s about to start
guaranteed to blow your head apart
Rest assured you’ll get your money’s worth
Guaranteed to blow your head apart
- – Emerson, Lake and Palmer (edited)
“Top Democrats and Republicans in Congress prepared new proposals to avert a government debt default and a potential global financial crisis.”
That’s the lead paragraph from a story in today’s paper. What should scare you is when Democrats and Republicans agree on something the public generally gets screwed. I believe that both sides realized that they set up this “battle” and now that the public is watching they are not sure how to get out from all of the rhetoric that they have been spreading. What both sides agree on is that they both want desperately to get re-elected and regain power. Even a little power is better than none and they are more than willing to squander our money, our children’s money, and our grandchildrens’ money to maintain their power. Here are few facts as I see them:
Many times as I read an article I find a few sentences that capture the essence of the piece. In “Phrase-e-ology” I’ll post some thought followed by key phrases. As always I’ll have a link (in blue) to the original article.
It is hard not to grab some great phrases from an author like Walter Williams. His recent article asks the question of whether we (America) deserves our fate (still avoidable at this point). Pointing out that our culture is following in the footsteps of some historical empires like that of the Romans, Spanish, French, and English where…
Many media/political pundits love to make fun of Glenn Beck calling him many name from clown to chicken little. There is little doubt that Mr. Beck gives them pleny of ammunition as with his frequent reports on “spooky dude” or George Soros. The media seems like they want to portray Soros as this wealthy grandpa figure who has nothing but good intentions. Beck and his staff have done yeoman’s work compiling information about Soros’ behind the scenes machinations as he seeks his goal of a global economy headed by his inner circle. Soros the billionaire certainly has the resources to pursue this goal and Beck seems to have convinced fellow Fox host Bill O’Reilly of Soros’ intents.
Politicians succeed by engaging us with truths (usually only half truths) to get us riled up for their cause which is ultimately about getting them reelected. Few politicians care about anything more than achieving this goal. They avoid the tough decisions while decrying that the other side won’t make the tough decisions. The good news for American citizens is that we have a free press that sorts out complex issues and will not let politicians get away with the half truths. Okay that was dripping with sarcasm, but I am a dreamer and that is the way our country is supposed to work.
