Just in case you missed it, America is a nation that was designed by geniuses and is now run by idiots. We can also add that our nation is run by gutless, self-centered cowards too.
What is going on that requires stating the obvious?
The gutless cowards we call the Senate and Congress are now working a plan to punt the so-called sequestration for another year.
First, the sequestration was a horrible idea. John Boehner, instead of standing and fighting, he raised his freshly laundered white flag of surrender and gave us sequestration.
Sequestration is the process of automatic budget cuts if the Congress could not agree on a specified amount of budget cuts.
Barack Obama and the Party of Treason loved sequestration because half the cuts if sequestration were invoked would come from the Department of Defense and one of Obama’s long standing goals has to destroy America as a military superpower.
The budget is out of control. While members of Congress are now seriously looking at ways to avoid the catastrophic defense budget cuts, they are not serious about cutting spending.
We have hundreds of billions of dollars in waste in the Federal Budget. When is the government going to cut the waste? We have hundreds of billions of dollars in spending that exists only to help get politicians reelected. When is that going to be cut?
Oh wait, according to the politicians in Washington think that is more important than minor details such as defending the nation.
Now the pressure is building in congress, including among Republicans for new “revenues” for the government.
So here is the thirty-five cent question. Are the politicians in Washington going to listen before or after we have an economic collapse? My money is on after the collapse because so many of these politicians do not even have a room temperature IQ. Most of them don’t have an IQ that could thaw ice.
John McCain and Lindsay Graham are leading the charge on punting sequestration.
One thing is certain. You know when Graham and McCain get together on something, anything, you can oppose it just on general principles and probably be right.
Graham and McCain are believers in the P.T. Barnum School of politics, believing there is a sucker born every minute and they are all voters. The so-called “offsets” or cuts are going to be non-existent. They are going to be numbers made up by the Congressional Budget Office. The CBO is the Indianapolis Colts of politics, except the Colts have a better chance of winning than the CBO has of getting anything right.
The numbers will exist on paper. It will be the equivalent of me taking my bank statement and adding a couple of zeros to my account balance. It might make me think I am rich, but the reality will be I am just as broke as I was before I took my pen to the bank statement.
The real danger is the pressure in Republican circles to raise taxes.
The Taxpayer Protection Pledge of Americans for Tax Reform is the standard by which Republican anti-tax beliefs are measured. Most Republicans have signed the pledge.
Yet within Congress, a number of Republicans have turned their backs on the pledge not to raise taxes. Even more Republicans are threatening to go squishy and raise taxes.
The problem is not revenue. It is spending.
In a hearing in 2011, the GAO could not even identify the number of welfare programs the government had, how much money was being spent or even whether the programs were effective.
Instead of gutting defense spending, which is something the Constitution mandates, why don’t we cut wasteful government spending?
With hundreds of billions of dollars of identified government waste, why aren’t McCain and Graham out making those cuts? The answer is, they are clueless Washington politicians.
Killing, not punting sequestration is a good idea. Even Leon Panetta, the Secretary of Defense says the cuts in defense spending would be devastating.
We need real budget cuts. We need to eliminate the programs that are wasteful or that have just completely failed.
Unfortunately with McCain and Graham leading the charge what we are going to end up with are phantom budget cuts along with real tax and fee increases.
In short, America is sinking faster than an Italian cruise ship and Graham and McCain simply want to order more lasagna.
Tags: americans, barack, graham, john, lindsay, mccain, obama, pledge, protection, reform, More…sequestration, tax, taxpayer
Permalink Reply by Herta Weiss on July 12, 2012 at 9:01am
This rather brilliantly cuts thru all the political doublespeak we get.
It puts it into a much better perspective.
Lesson # 1:
* U.S. Tax revenue: $2,170,000,000,000
* Fed budget: $3,820,000,000,000
* New debt: $ 1,650,000,000,000
* National debt: $14,271,000,000,000
* Recent budget cuts: $ 38,500,000,000
Let's now remove 8 zeros and pretend it's a household budget:
* Annual family income: $21,700
* Money the family spent: $38,200
* New debt on the credit card: $16,500
* Outstanding balance on the credit card: $142,710
* Total budget cuts so far: $38.50
&am p;am p;am p;am p;am p;am p;am p;am p;am p;am p;nb sp;
OK now Lesson # 2: Here's another way to look at the Debt Ceiling:
Let's say, You come home from work and find there has been a sewer backup in your neighborhood....and your home has sewage all the way up to your ceilings.
What do you think you should do ......
Raise the ceilings, or pump out the crap?
Your choice is coming Nov. 2012.
Permalink Reply by Doug Nicholson on July 12, 2012 at 1:17pm Its even worse than stated here. Remove 8 digits from $38,500,000,000 and you get total budget cuts of $3.85!
Permalink Reply by jerome naccari on July 12, 2012 at 1:44pm well said!
Permalink Reply by Monica Babcock on July 14, 2012 at 9:34am well said. everyone should read this
Permalink Reply by JOHN DELASAUX on July 28, 2012 at 10:36am Great analogy, but probably lost to a Liberal who might see it.
Permalink Reply by Mollie Baxter on July 30, 2012 at 4:09pm
Permalink Reply by Herta Weiss on July 12, 2012 at 9:03am
This rather brilliantly cuts thru all the political doublespeak we get.
It puts it into a much better perspective.
Lesson # 1:
* U.S. Tax revenue: $2,170,000,000,000
* Fed budget: $3,820,000,000,000
* New debt: $ 1,650,000,000,000
* National debt: $14,271,000,000,000
* Recent budget cuts: $ 38,500,000,000
Let's now remove 8 zeros and pretend it's a household budget:
* Annual family income: $21,700
* Money the family spent: $38,200
* New debt on the credit card: $16,500
* Outstanding balance on the credit card: $142,710
* Total budget cuts so far: $38.50
&am p;am p;am p;am p;am p;am p;am p;am p;am p;am p;nb sp;
OK now Lesson # 2: Here's another way to look at the Debt Ceiling:
Let's say, You come home from work and find there has been a sewer backup in your neighborhood....and your home has sewage all the way up to your ceilings.
What do you think you should do ......
Raise the ceilings, or pump out the crap?
Your choice is coming Nov. 2012.
Permalink Reply by Billy Bowlegs on July 12, 2012 at 9:57am "Initial jobless claims come out an hour before today’s open. The following chart has been making rounds on the internet. In blue is the S&P 500. In red is the weekly initial jobless claims number. The correlation isn’t perfect, but it’s close enough to get your attention. If the weekly jobless number starts to increase (move down – note the left side scale), the market isn’t likely to rally. It’s something to pay attention to – especially since the monthly unemployment rate is a joke." Jason Leavitt
BB: This tells a good story about OBOZO.
Permalink Reply by Billy Bowlegs on July 12, 2012 at 9:03am Judson,
How can Bill Nelson get rid of the OBAMACLONE Syndrome?
Just asking.
I see he is turning tail somewhat. Is he trying to save his sorry ARSE?
Permalink Reply by Debrajoe Smith-Beatty on July 12, 2012 at 9:13am BB Bill Nelson just wants to stay in office and get more money in his pocket.
Its time for everyone with a spine to go underground. Try to figure out a way to live without a paycheck. Now this has to be an honest living that is productive. Deal in cash and cease paying federal Income tax. If I could convince enough people this is the way to go we wouldn't have to worry about IRS agents. We surround them.
Permalink Reply by Bonita Weimerskirch on July 12, 2012 at 9:24am How did things EVER get this screwed up? Surely there are some politicians in Washington with a LITTLE common sense.....aren't there.......????
© 2013 Created by Judson Phillips.
