Entries in Deficit Spending (4)

Saturday
Aug142010

Michael Moore, Move On. There's a New Documentary Producer in Town. I Want Your Money.

Yes, there's finally some conservative documentarians starting to appear.  Ray Griggs produces I Want Your Money set to be released soon.  I would say it's the conservative version of pantload Michael Moore's documentaries but that would be a slap at Mr. Griggs.  He's far too truthful and decent to deserve that.  You can watch the trailer below, and be sure to visit the movie's website, I Want Your Money.

This movie, from iwantyourmoney.net is an example of the steps conservatives will have to take in order to spread the message of the economic calamity being foisted upon the American public in the name of bailouts, stimulus and subsidies. Michael Moore, move over. A new documentarian is in town named Ray Griggs.

 

Wednesday
Aug112010

AFL-CIO President Richard Trumka Claims we Don't Have a Deficit Problem

This is the attitude which will destroy this country economically.  Just look at Greece, Portugal, Japan, Spain, any number of the socialist European countries now reeling from their spending binges.  What is missing from this snippet is any conversation about the fact that if jobs are the biggest problem facing the country, then the answer is tax reform, government budget reform, and limits on government spending.  Otherwise, we'll just continue down the rat hole until everything implodes on top of us.

I post this video clip primarily because I want everyone to understand that this is the opposition when it comes to any meaningful reform.  On a day when Nancy Pelosi and Congress pass a $26 billion stimulus bailout bill for teacher and public employee unions and a state medicaid payoff, this represents exactly why that bill was passed, as payola to the unions.

Listen to it closely.  Until this mindset is either changed, buried or enough of us begin to drown out this baloney, we're facing an uphill battle.

We have met the enemy, and it is us. As long as this mentality exists, or at least is predominate, we will continue down the rat hole of profligate spending. If he really cared about jobs, he'd propose tax reform, limited government spending.

 

 

Thursday
Feb112010

The Money Hole

Sunday
Feb072010

Congress & Earmarks. Just Like Meth, The Addicts Can't Stop

http://www.iwatchobama.com/wp-content/uploads/2009/08/pork-barrel-spending.png

I never thought David Obey and I would agree on something... but he raises a good point in his recent "Dear Colleague" letter to other members of the House of Representatives.  The GOP is being hypocritical when it opposes spending bills that include pork barrel projects they have lobbied for but then vote against when they know the Democrats' majority in Congress will pass the bill anyway.

Is it any wonder that Congressional spending is out of control?  What Congressman is willing to stop earmarks?  Obama talks about putting earmarks on the Internet for everyone to see (which is fine) but does nothing to cajole Congress into stopping the practice of earmarks or pork barrel spending.  Like a bunch of addicts holed up in some sleazy meth house, these men and women just continue spending with total disregard to the United States' tenuous fiscal condition.

Obey (D-Wisconsin) (and a very liberal Democrat at that) writes:

I feel compelled to point out the irony that some members demand that programs be fully funded and then decline to support the bill that carries out that request.

It has been my experience that a number of members who profess concern about the Great Lakes in fact voted against the bill which contained that funding when it came before the House last year. I would ask whether that is enough to give hypocrisy a bad name.

[The Wisconsin congressman on to say that Great Lakes funding is one of his] "highest priorities, "[b]ut, sometimes, there are good reasons to trim even the programs we care most about.

I would have some difficulty taking seriously members who pose for political holy pictures by sending letters asking for increased funding and then vote against that legislation that requested funding. I understand there are huge temptations in this institution to try to have it both ways. But, in a tight budget year, that is going to be very hard even for the most spectacularly inconsistent of members.

Of course, David Obey doesn't object to the spending, he just objects to the hypocrisy.  So perhaps I half-agree with Obey:  the hypocrisy needs to stop.  If Congress is ever going to get control over spending, it needs to stop spending, period. 

How about a budget freeze?  Or, a budget freeze and a 2.5% or 5% cut across all programs, all spending?  Yes, even DoD, Social Security, Medicare.  Imagine how the markets would react with just the spending freeze, let alone a budget cut.

Until then, China, Japan and the Middle East will continue to purchase our debt, creating a serious national security issue for the U.S.

The addicts need treatment.  Now.

http://media.townhall.com/Townhall/Car/b/20071107ST2AP-FarmBill.jpg

You can read Obey's letter and the article on Huffington Post at this link.