About Me

In writing the "About Me" portion of this blog I thought about the purpose of the blog - namely, preventing the growth of Socialism & stopping the Death Of Democracy in the American Republic & returning her to the "liberty to abundance" stage of our history. One word descriptions of people's philosophies or purposes are quite often inadequate. I feel that I am "liberal" meaning that I am broad minded, independent, generous, hospitable, & magnanimous. Under these terms "liberal" is a perfectly good word that has been corrupted over the years to mean the person is a left-winger or as Mark Levin more accurately wrote in his book "Liberty & Tyranny" a "statist" - someone looking for government or state control of society. I am certainly not that & have dedicated the blog to fighting this. I believe that I find what I am when I consider whether or not I am a "conservative" & specifically when I ask what is it that I am trying to conserve? It is the libertarian principles that America was founded upon & originally followed. That is the Return To Excellence that this blog is named for & is all about.

Thursday, July 28, 2011

Debt Ceiling Problem - A Win-Win For BO


Last April 14 I wrote re the 2010 campaign promise to reduce spending $100 billion their first year in office "...how discouraging it is to have elected 87 new House Members only to find that 66 of them have already abandoned ship." I went on "It doesn't give much hope for the deficit ceiling fight (I barely have the strength tonight to call it that) or the fight for trillions in the 2012 budget negotiations. It is looking pretty hopeless for America @ this point." See ReturnToExcellence.net posting of April 14, 2011 for complete write-up along with comments including one received earlier tonight from a statist, three & one half months after the posting, taking me to task for not wanting to compromise.

As the country wrestles with the tug of war between reducing the nation's deficit & raising the debt ceiling the polls are all over the map as to whether the majority wants to reduce government spending or raise taxes to solve this problem that will supposedly reach a head on August 2. My guess is that more people will be for increased government spending than reducing taxes for the simple fact that over 70% of the population receives a government check or benefit each month. Couple this with the anti-American hostile media being statists ensures a fate unbecoming to our founding principles.

BO is in the catbird seat re all of this – he has known for quite some time that the majority of the public will hold him harmless blaming the Republicans for any government shutdown or delay in the issuance of Social Security benefits & of course more importantly BO really gets what he wants in that people will become more dependent on government programs. For instance it was reported earlier today that the debt ceiling problem is having a detrimental impact on entrepreneurs access to capital resulting in a freeze on hiring & capital spending. Now who could blame BO for these problems with George W Bush still fresh in peoples' minds & the class(less) warfare never ending speeches of millionaires & billionaires who earn over $250,000 per year.

All of the plans presented to date actually add to the national debt over the next ten years including the so-called fiscally responsible Ryan Plan that will lower the national debt from current policies but will still result in the government spending $5 trillion more over the next decade than it brings in. What a charade when you consider that all of these plans talk up fiscal responsibility – what a shame that enough people to keep BO in power fall for this or worse yet have no idea what this is all about or could not care less & will vote for him.

Now if Paul Ryan is the most fiscally responsible Member of Congress allowed to present a plan to lead us out of our current fiscal problems it is definitely news to Jeff Dyberg who let us know back in April that Rep. Ryan voted for TARP, felt the free market had failed when he chose to replace it with bureaucratic central planning (against competition) by supporting the taxpayer bailout of GM & Chrysler, voted for the 2008 Bush Stimulus bill, supported ethanol subsidies agreeing with the December 2010 tax deal with BO, & has also voted to support the confiscatory tax on AIG bonuses. Mr. Dyberg questions whether or not Paul Ryan is fiscally responsible enough to be the leading advocate of the free market – & yet this is all we have. We know "who is John Galt?" - we need to know where he is.

Now I am someone who participated in Dick Zimmer's deficit reduction workshops in the early 1990s & I can attest that some of these types of decisions are not easy. The Bipartisan Policy Center determined that between August 3rd & 31st that $172.4 billion of estimated receipts would come in to the federal government. They also estimated that the following cash out flows (in billion of dollars) would be required for the same 28 day period:

Interest – $29.0

Social Security – 49.2

Medicare/Medicaid – 50.0

Defenses Vendor – 31.7

Unemployment – 12.8

Military Pay – 2.9

Veterans Affairs – 2.9

IRS Refunds – 3.9

Food Stamps – 14.2

Federal Salaries – 14.2

Miscellaneous – 100.8

What would you cut? Are you willing to see your Social Security or Medicare payments cut? Are you using the Constitution to determine what to cut? Please consider that welfare payments very well can be considered insurance payments that will keep the lower class poor out of burglarizing homes in "better neighborhoods." Without these welfare payments would you be living with steel bars & guards around your house?

Our SC businessman recently presented BO's quote from March 2006 re BO's hypocrisy concerning Bushes' perceived failure of leadership concerning the debt ceiling that so many of you responded to. Our thanks to him once again for presenting this link of Harry Reid showing exactly how disingenuous the Democrats are regarding this debt ceiling fiscal issue or anything else that will help our country.

3 comments:

  1. You hit the nail on the head when you said 70% of the population is for increased spending rather than reducing taxes. Most people ONLY read headlines. You have Obama telling people that Social Security checks might not be mailed in August because of the Republicans, and he gains 80% of retirees’ votes for the next election.

    Now you have people out of work - who will they vote for? Not the Republicans, but they will vote for people who PROMISE them jobs, even if it means spending on programs that do not work, creating impression of creating jobs. Who gets their vote?

    Unless Republicans do a better job of communicating with the general population, they have a good chance of losing big in the next election. Remember many people do not pay any income tax at all. They will vote for Democrats who promise them "the moon."

    As for me, I will take a very long nap, lasting for years, unless someone comes up with smart plans that have a chance to work and that the general public believes will work.

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  2. It is time to stop nonprofit organizations and have them pay taxes. I think by law they only have to use 10% of their donations to the objective. Many are funded by George Soros. EPA is getting out of hand - cut their department in half. That is where I would start - with the agencies and go from there.

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  3. We felt that in his latest speech Obama presented himself as a victim in a political hassle. The good guy!

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