by Ron Paul
One might think that the recent drama over the debt ceiling involves one side wanting to increase or maintain spending with the other side wanting to drastically cut spending, but that is far from the truth. In spite of the rhetoric being thrown around, the real debate is over how much government spending will increase.
No plan under serious consideration cuts spending in the way you and I think about it. Instead, the “cuts” being discussed are illusory, and are not cuts from current amounts being spent, but cuts in projected spending increases. This is akin to a family “saving” $100,000 in expenses by deciding not to buy a Lamborghini, and instead getting a fully loaded Mercedes, when really their budget dictates that they need to stick with their perfectly serviceable Honda. But this is the type of math Washington uses to mask the incriminating truth about their unrepentant plundering of the American people.
The truth is that frightening rhetoric about default and full faith and credit of the United States is being carelessly thrown around to ram through a bigger budget than ever, in spite of stagnant revenues. If your family’s income did not change year over year, would it be wise financial management to accelerate spending so you would feel richer? That is what our government is doing, with one side merely suggesting a different list of purchases than the other.
In reality, bringing our fiscal house into order is not that complicated or excruciatingly painful at all. If we simply kept spending at current levels, by their definition of “cuts” that would save nearly $400 billion in the next few years, versus the $25 billion the Budget Control Act claims to “cut”. It would only take us 5 years to “cut” $1 trillion, in Washington math, just by holding the line on spending. That is hardly austere or catastrophic.
A balanced budget is similarly simple and within reach if Washington had just a tiny amount of fiscal common sense. Our revenues currently stand at approximately $2.2 trillion a year and are likely to remain stagnant as the recession continues. Our outlays are $3.7 trillion and projected to grow every year. Yet we only have to go back to 2004 for federal outlays of $2.2 trillion, and the government was far from small that year. If we simply returned to that year’s spending levels, which would hardly be austere, we would have a balanced budget right now. If we held the line on spending, and the economy actually did grow as estimated, the budget would balance on its own by 2015 with no cuts whatsoever.
We pay 35 percent more for our military today than we did 10 years ago, for the exact same capabilities. The same could be said for the rest of the government. Why has our budget doubled in 10 years? This country doesn’t have double the population, or double the land area, or double anything that would require the federal government to grow by such an obscene amount.
In Washington terms, a simple freeze in spending would be a much bigger “cut” than any plan being discussed. If politicians simply cannot bear to implement actual cuts to actual spending, just freezing the budget would give the economy the best chance to catch its breath, recover and grow
Connie Mack Republican puts CNN's Pier Morgan in his place
NASA & Global Warming & Clown Al Gore
The Aliens are here here Biden
The Gibb Review: Books
Charles Fort, Father of the Paranormal
Inside of a Dog
The WORD is worth a Thousand Pictures
The Way to Wealth (Benjamin Franklin)
This is from a former Chicago lawyer now practicing law in Tyler, TX :
This is legit. I checked it out myself at https://www.iardc.org/ Stands for IllinoisAttorney Registration And Disciplinary Committee. It's the official arm of lawyer discipline in Illinois; and they are very strict and mean as hell. (Talk about irony.) Even I, at the advanced age of almost 65, maintain (at the cost of approximately $600/year) my law license that I worked so hard and long to earn. Big surprise. Former Constitutional Law Lecturer and U.S. President Makes Up Constitutional Quotes During State Of The Union (SOTU) Address.
1. President Barack Obama, former editor of the Harvard Law Review, is no longer a "lawyer". He surrendered his license back in 2008 in order to escape charges he lied on his bar application. A "Voluntary Surrender" is not something where you decide "Gee, a license is not really something I need anymore, is it?" and forget to renew your license. No, a "Voluntary Surrender" is something you do when you've been accused of something, and you 'voluntarily surrender" your license five seconds before the state suspends you.
2 Michelle Obama "voluntarily surrendered" her law license in 1993.
3. So, we have the first black President and First Lady - who don't actually have licenses to practice law. Facts.
4. A senior lecturer is one thing, a fully ranked law professor is another. Barack Obama was NOT a Constitutional Law Professor at the University of Chicago.
5. The University of Chicago released a statement in March 2008, saying Sen. Barack Obama (D-Ill.) "served as a professor" in the law school-but that is a title Obama, who taught courses there part-time, never held , a spokesman for the school confirmed in 2008.
6. "He did not hold the title of Professor of Law," said Marsha Ferziger Nagorsky, an Assistant Dean for Communications and Lecturer in Law at the University of Chicago School of Law.
7. The former Constitutional Senior Lecturer (Obama) cited the U.S. Constitution the other night during his State of the Union Address. Unfortunately, the quote he cited was from the Declaration of Independence .... not the Constitution.
8. The B-Cast posted the video:
9. Free Republic: In the State of the Union Address, President Obama said: "We find unity in our incredible diversity, drawing on the promise enshrined in our Constitution: the notion that we are all created equal.
10. Um, wrong citing, wrong founding document there Champ, I mean Mr. President. By the way, the promises are not a notion, our founders named them unalienable rights. The document is our Declaration of Independence and it reads:
'We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.'
11. And this is the same guy who lectured the Supreme Court moments later in the same speech?
When you are a phony it's hard to keep facts straight.
AARP - Business or Senior Citizen scam?
Obama Leaves Town (Stop Spending)
College Costs & The Myth of the Value
Newt Gingrich slaps the Media
Profit vs Non-Profit
And General inequities in the life of most Americans
**Due to Technical Difficulties, the webcast cuts off 2 minutes prior to the end**
Thanks for taking the time to watch,
And thanks for just being you.
Thank you Jeff. Take a look at this note I recived from an old student of mine. He is a teacher now somewher in Michigan CHECK out the Video . WOW. WOW. Russ,
As I was surfing youtube.com I came across a video that struck a chord with me. As a former teacher you may be interested in it to. The following is a link to the video.
Hope you are doing well. Jeff.W...
Here's an opinion piece by Chuck Green who writes "Greener Pastures" for the Denver Post Aurora Sentinel...one of the more liberal papers in the country. Additionally, Mr. Green is a lifelong Democrat...so this is rather a stunning piece...
Obama is victim of Bush's failed promises !
Barack Obama is setting a record-setting number of records during his first term in office:
Largest budget ever. Largest deficit ever. Largest number of broken promises ever.
Most self-serving speeches ever. Largest number of agenda-setting failures ever. Fastest dive in popularity ever!
Wow ! Talk about change.
Just one year ago, fresh from his inauguration celebrations, President Obamawas flying high. After one of the nation's most inspiring political campaigns,the election of America 's first black president had captured the hopes anddreams of millions. To his devout followers, it was inconceivable that a year later his administration would be gripped in self-imposed crisis.
Of course, they don't see it as self-imposed. It's all George Bush's fault !
George Bush, who doesn't have a vote in congress and who no longer occupiesThe White House, is to blame for it all.
He broke Obama's promise, to put all bills on the White House web site for five days before signing them.
He broke Obama's promise, to have the congressional health care negotiations broadcast live on C-SPAN.
He broke Obama's promise, to end earmarks.
He broke Obama's promise, to keep unemployment from rising above 8 percent.
He broke Obama's promise, to close the detention center at Guantanamoin the first year.
He broke Obama's promise, to make peace with direct, no precondition talks with America's most hate-filled enemies during his first year in office, ushering in a new era of global cooperation.
He broke Obama's promise, to end the hiring of former lobbyists into highWhite House jobs.
He broke Obama's promise, to end no-compete contracts with the government.
He broke Obama's promise, to disclose the names of all attendees at closedWhite House meetings.
He broke Obama's promise, for a new era of bipartisan cooperation in all matters.
He broke Obama's promise, to have chosen a home church to attend Sundayservices with his family by Easter of last year.
Yes, it's all George Bush's fault ! President Obama is nothing more than a puppet in the never-ending failed Bush administration.
If only George Bush wasn't still in charge, all of President Obama's problems would be solved. His promises would have been kept, the economy would beback on track, Iran would have stopped its work on developing a nuclear bomb and would be negotiating a peace treaty with Israel . North Korea would have ended its tyrannical regime, and integrity would have been restored to the federal government.
Oh, and did I mention what it would be like, if the Democrats, under the leadership of Nancy Pelosi and Harry Reid, didn't have the heavy yoke of George Bush around their necks? There would be no ear marks, no closed-door drafting of bills, no increase in deficit spending, no special-interest influence (unions), no vote buying ( Nebraska , Louisiana ).
If only George Bush wasn't still in charge, we'd have real change by now.
All the broken promises, all the failed legislation and delay (health care reform, immigration reform) is not President Obama's fault or the fault of the Democrat-controlled Congress. It's all George Bush's fault !
Take for example the decision of Eric Holder, the president's attorney general,to hold terrorists' trials in New York City . Or his decision to try the Christmas Day underpants bomber as a civilian.
Two disastrous decisions.
Certainly those were bad judgments based on poor advice from George Bush !
Need more proof?
You might recall that when Scott Brown won the election to the U.S. Senate from Massachusetts , capturing "The Ted Kennedy Seat", President Obama said, Brown's victory was the result of the same voter anger that propelled Obama into office in 2008. People were still angry about George Bush and the policies of the past 10 years. And they wanted change.
Yes, according to the president, the voter rebellion in Massachusetts ,was George Bush's fault.
Therefore, in retaliation, they elected a Republican to the Ted Kennedy seat,ending a half-century of domination by Democrats. It is all George Bush's fault !
Will the failed administration of George Bush ever end, and the timefor hope and change ever arrive ???
Will President Obama ever accept responsibility for something / anything?
(Chuck Green is a veteran Colorado journalist and former editor-in-chief
This is the webcast from last week, we were having technical difficulties.
9/11 Student Video
President of GE [Look up name]
Where is the Budget?
Obamacare & Selling your house
Government grows, economy shrinks
MSNBC & Republican Debate
College & Administration increase
Do you need college?
Solar Energy Bust
U-M vs Notre Dame