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Nov. 20, 2009
Rabbi David Aaron: How to make every second of your life come first
Caroline B. Glick: Whither American Jewry
Nov. 19, 2009
Binyamin L. Jolkovsky: Please Listen to this Godcast (5 minutes)
Jonathan Tobin: ADL Crosses the Line with Report Bashing Obama Critics
Nov. 18, 2009
Rabbi Yonason Goldson: What Judaism has to say about the secret of the Mona Lisa's smile
JWisdom.com: The (Jewish) Dating Game with Rabbi Lawrence Hajioff (8 minutes)
Nov. 17, 2009
Steven Emerson: How Does the 4th Amendment Impact Terror Finance Investigations?
JWisdom.com: If Frank Sinatra married Edith Piaf with Rabbi Y.Y. Rubinstein (2 minutes) Life lessons from what would be regarded as the most inappropriate lyrics ever sung
Nov. 16, 2009
The Jewish Ethicist by Rabbi Dr. Asher Meir : When borrowing is stealing
JWisdom.com: Deconstructing faith with Rabbi Warren Goldstein (9 minutes)
Nov. 13, 2009
JWisdom.com Sarah's subjective reality with Rabbi Sroy Levitansky ( 6 minutes)
Caroline B. Glick: Obama's failure, Netanyahu's opportunity
Nov. 12, 2009
The Kosher Gourmet By Marialisa Calta : A sweet sweet potato treat
JWisdom.com Does God get tired? with Rabbi Harvey Belovski ( 5 minutes)
Nov. 11, 2009
Rabbi Avi Shafran: Jews and money: When anti-Semitism isn't
JWisdom.com Marriages are not made in Heaven with Rabbi Lawrence Hajioff (VERY fast 15 minutes)
Nov. 10, 2009
Michael Doyle: Author of book exposing CAIR ordered to remove supporting documents from Web
JWisdom.com If the creation so loudly shouts the existence of the Creator, why aren't more people believers? with Rabbi Naftali Brawer (9 minutes)
Nov. 9, 2009
Mark Steyn: Shooter exposes hole in U.S. terror strategy
JWisdom.com It's never too late to have a happy childhood with Sarah Chana Radcliffe (5 minutes)
Nov. 6, 2009
Rabbi Berel Wein: Choosing to hear
JWisdom.com Zero to 1/60th: How to Empower An Hour with Gavriel Aryeh Sande (7 minutes)
Caroline B. Glick The mullahs' big week
Suzanne Fields A Fallen Wall for Fallen Man
Nov. 5, 2009
The Kosher Gourmet: Three scrumptious -- but simple -- butternut squash dishes
JWisdom.com Hidden Hints: Unlocking Faith & Prayer with Rabbi Jay Yaacov Schwartz (10 minutes)
Nov. 4, 2009
Tom Hamburger and Kim Geiger: Should prayers be covered?
JWisdom.com When God played peacemaker With Rabbi Sroy Levitansky (5 minutes)
Nov. 3, 2009
Martin Peretz: Beware, Barack. Beware, Rahm. Beware, Axelrod
JWisdom.com Are you are closet idolater? With Sara Yoheved Rigler (10 minutes)
Nov. 2, 2009
Paul Greenberg: The Holocaust is now on Facebook
JWisdom.com Abraham's Strange Change With Rabbi Yitzchok Fingerer (5 minutes)
Oct. 29, 2003
Mortimer B. Zuckerman: Graffiti On History's Walls (MUST-READ!)

Jewish World Review Oct. 8, 2009 / 20 Tishrei 5770

Where Have You Gone Willie Shakespeare?

By Cal Thomas


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http://www.JewishWorldReview.com | "Neither a borrower nor a lender be." -- William Shakespeare, "Hamlet"


Why won't we listen to what used to be called sage advice before the Internet made too many of us think we are re-inventing the world and nothing we think or try has ever been thought or tried before?


The Obama administration is rumored to be seriously considering a second stimulus measure to "improve" the economy. Given the job losses since the last stimulus, I'm not sure we can stand more of that kind of stimulation. Never mind that millions from the first stimulus cannot be found and that billions more have yet to be spent. And how soon Democrats forget their once-great concern about burdening future generations with debt and dependency.


President Obama's budget has projected deficits of $9.1 trillion over the next decade. Brian Riedl of The Heritage Foundation has looked into it and found the numbers to be inaccurate and misleading. What the president's budget ignored is an additional $4 trillion in likely additional spending, which excludes, says Riedl, the following.


  • Additional discretionary spending ($1,545 billion)

  • Health-care reform ($595 billion in spending and $583 billion in revenues). And that's just for starters. As we have seen with Medicare, initial projections by the government, no matter who runs it, are almost always wrong.

  • Additional cap-and-trade outlays and revenues ($821 billion in spending and $214 billion in revenues).

  • Extending "expiring" entitlements ($216 billion in spending). Notice that once anything becomes an "entitlement," ending it is a virtual impossibility.

  • Net interest expenses resulting from the increased deficit spending ($251 billion in spending). Please read that last one again. We the taxpayers are going to be forced to spend $251 billion in interest on the debt because our government cannot do what every American must do: control spending.

  • More realistic interest rates ($1,328 billion in spending and $65 billion in revenues).



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    That's how the administration gets to $9.1 trillion. Remember, this was going to be an honest and transparent administration. Brian Riedl says the reality of the president's budget over the next decade is much different from the already outrageous spending to which it admits. According to Riedl's analysis, the President's budget agenda would actually result in:


    • An additional $5 trillion in spending, $1 trillion in revenues and $4 trillion in deficits over the next decade.

    • Budget deficits adding $13 trillion to the national debt over the next decade. Again, re-read that figure. Say it out loud. Repeat it to your spouse-partner-kid (the kids will be paying for this) and your neighbor.

    • The national debt held by the public surpassing $20 trillion by 2019, reaching nearly 100 percent of gross domestic product (GDP).

    • Annual budget deficits rising to nearly $3 trillion by 2019.

    • Spending surpassing 28 percent of GDP by 2019, shattering the peacetime record set this year.

    • Washington spending more than $37,000 per household in 2019, compared with $25,000 per household (still too high) in 2008.


    (See this and more at www.heritage.org/Research/Budget/bg2319.cfm.)


    This is why so many are angry. This administration is more than mortgaging our future. It is bankrupting it, all in the name of taking care of us. The best thing government can do for us is to get out of the way and let us care for ourselves. These numbers are unsustainable. They are outrageous. And they will become a reality unless enough Americans rise up and say they are not going to take it anymore.


    It's our money, not theirs. They are now stealing it before we make it. Let's hear some outrage about this. Let's sustain it through the next three election cycles, beginning next month with the governors' races in New Jersey and Virginia. If we don't, the future belongs not to us, but to China, Japan, Qatar, Venezuela and Saudi Arabia, among others -- all holders of our national debt.


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