Tuesday, July 26, 2011
Congressional budget Crisis...............Under my proud new feature: Mustang Sends
Our problem in understanding the real economic situation is that we do not know what politicians mean when they suggest curtailing “entitlement spending.” For example, do politicians refer to the billions of dollars spent on housing for illegal immigrants, and the homeless, or do they simply mean cutting back on the social security pension annuity forced on American workers since 1935? Do they refer to the billions paid out in unemployment insurance? Do they suggest curtailing Medicare, another mandatory program forced on the American people? Do they refer to the grants offered to states to supplement their individual Medicaid programs, including medical programs for indigent children? Do they want to stop making billions of dollars in SSI payments to illegal aliens? Do they want to rescind Obama-Care?
No, that isn’t what Obama and other politicians want at all. Obama wants to tax “the richest” Americans so that he can spend even more money on give-away programs. It appears as if Obama is wearing down the American people, who honestly … aren’t that bright to begin with. Obama has no plan for dealing with exorbitant spending, but remains popular among 47% of registered voters. What is wrong with this picture?
Before continuing, let’s look at the time tested Democratic plan of action: Never let a crisis go to waste —even one we created ourselves.
The language used by the mainstream media doesn’t help. Sorry, state-run media: America is not standing on a fiscal precipice. Maybe it would be a good thing for the government to go bankrupt. You know, if government under George Bush had let GM and Chrysler go into bankruptcy, they’d be back on track right now and rehiring. Instead, Bush/Obama flushed a ton of our money down the sewer. We find it amazing that this ineptitude gives confidence to 47% of registered voters. Have we forgotten that we learn valuable lessons from our failures? The failure in this case is our collective stupidity electing unqualified persons to the White House, Senate, and House of Representatives.
Speaker Boehner’s plan is a disgraceful sham. It does cut $1.2 trillion in discretionary spending, but the problem is that there is no guarantee that Congress will cut that spending. As to the actual spending reductions, they only offer modest reductions in publicly held debt and do nothing for reform of entitlement programs. If the American people are going to continue to fund $250 million free-housing projects, which include free schools, free clinics, and free rent for illegal aliens, then we fail to understand how anyone is looking seriously at “entitlement” programs.
Alison Fraser (Heritage Foundation) tells us that neither Boehner nor Reid’s plan will pass Standard and Poor’s smell test, and in fact, the US government spending will increase over the next ten years … suggesting that neither Congress nor the White House are taking this issue seriously. Realistically, why should they care if our interest payments will triple over the next ten years? After all, it isn’t their money, so there is no reason for their concern if the holders of our debt increase interest rates. Meanwhile, when Obama said “… every family knows that a little credit card debt is manageable,” the American people smiled, and winked at one another. All is well in River City; except, we aren’t talking about a little family credit card management problem, are we? Aren’t we talking about $14.3 trillion in debt? So get that stupid smile off your faces, America …
We should align ourselves with Americans who make the simple argument: forget all these idiotic and dishonest congressional plans. Just stop spending money on things not mandated by the United States Constitution. Naturally, those 47% of registered voters who continue to adore the communist in chief don’t quite understand all the fuss. Not at all.
Thanks, Mustang, I'm proud to carry your work here at geeeZ and hope I can print more in the future.