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Our Debt Problems: Politicians Extend and Pretend By Ron Hart
http://www.JewishWorldReview.com |
"Giving money and power to government is like giving whiskey and car keys to a teenage boy."
Thinking they solved the problem by extending the debt limit and the supposed cuts past the 2012 elections, Washington patted itself on the back. Just raising the debt limit would be like saying you have cured the DUI problem by raising the illegal blood alcohol level from .08 to 1.2. Problem solved, right?
For weeks leading up to whatever "deal" they cut, Obama and various Republicans worked the press conferences with the bravado of professional wrestlers before a match. Obama warned Eric Cantor (R-VA) "not to call his bluff" on tax hikes. He then backed off his own tax hikes. Then the Re-pugs backed off from entitlement cuts. Perhaps we have elected the worst poker players of all time. Fundamental to bluffing someone is not to tell him up front that you are bluffing.
As they always seem to do on important matters, at the last minute Congress jammed through a bill that no one read but supporters felt compelled to sign in order to stave off yet another pending, Congress-made disaster. They did it with TARP, bailouts, stimulus (a.k.a. "porkulus"), ObamaCare, and now the debt ceiling and fake cuts scheduled to take place in 2013.
Obama says he will not stand by and let our government default on its debt obligation. Thank you again, Obama, for standing firm against something that no one even suggested. He is the best at creating a fake crisis and then saving us from it. Obama "saved or created" jobs with our money, he prevented mass murder by bombing Libya, and any problems the country has, he inherited.
Now Obama has "saved" us from being downgraded and becoming a banana republic. On the bright side, if we do become a Third World country, Hollywood starlets might start adopting babies from here and then maybe we can outsource our jobs to ourselves.
Obama then appears on his personal PR organ, CBS' 60 Minutes, to scare seniors and essentially say he cannot ensure that Social Security checks will go out unless Congress votes his way. He is the only person who can ensure that there is plenty of money in taxes coming in to pay our debt and Social Security obligations. But the funny part is that 75 million Americans, otherwise known as Obama's core constituency, get entitlement checks each month - and he implies that they may not receive them.
As we know, math is not the strong suit of America's Democratic voters. Something like 5 of 4 of them do not even understand fractions. Anything you say will pacify them, and as long as they can take money from others they seem blissfully happy. Taking money from the moochers out there is like trying to put ChapStick on a grizzly bear.
On the other hand, the Tea Party has made the Republicans vote as less of a monolithic group of lemmings like the Democrats. Republicans used to be able to go to Washington and get their pork and meals paid for by just not being quite as bad as Democrats. It was a shirts and skins game there; they would just work out a deal and spend more of our money without incident. The Tea Party has been a game changer, and John Boehner now has some cats to herd.
If Moody's downgraded the USA from a AAA rating, Obama's economic team would immediately retaliate by cutting off stimulus funding to the auto club. They are just that smart about business, given their vast experience in the real world.
We have to support those politicians who actually cut spending. Washington has gone from spending $2.2 trillion in 2002 to $3.8 trillion now, with tax revenue being about $2.2 trillion. There is no stopping this madness unless we cut off funding with a balanced budget amendment.
The inmates are running the asylum.
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• No Child Left --- To the Left • Dems' debt ceiling demagoguery • Golf Summit --- I Like Spike(s) • Nancy Pelosi Finally Demands a Weiner Probe • The porkulus political payback project • An ILL Wind for Business --- Boeing, Boeing Gone? • Osama's 72 Virgins --- and Obama's 72 Versions • Bin Laden was taken out by seals and now sleeps with the fishes • Trump: Got 99 problems, but rich ain't one • Why you should see the ‘Atlas Shrugged’ movie • Why The Donald trumps the Bamster • O-Bomb-A • Mid-East Megalomaniacal Despots on the Run • Facebook ‘Un-friends’ Our Increasingly Regulation-burdened Capital Markets • Hold 'em liable --- the colleges, that is • Follow your Hart in a look back at 2010 • WikiLeaks --- Danger or Disinfectant? • Where We Let Terrorists Really Hurt Us • Time to starve the spending beast • The TSA: We Do Chicken Right! • Capitalism in Time Saves Mine • The Broader Picture of What These Elections Mean • Dem-moralized: ‘Dead Fish’ taken to the trash cant • Obamanomics continue to add up . . . for Republicans • She had Tiger by the tail: If Elin did not get Tiger's money, Obama would have
© 2010 Ron Hart
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Arnold Ahlert | ||||||||||||||||||
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