Here is my second paper - just out today - on the BBA where I address the version which all the U.S. Senate Republicans co-signed: http://canadafreepress.com/index.php/article/37954 Here is the same paper at my website:http://publiushuldah.wordpress.com/2011/06/27/why-the-balanced-budg...
Here is the earlier paper which addressed why Jim DeMint's previous concept for the BBA was such a terrible idea: http://www.canadafreepress.com/index.php/article/33670
And here is an excellent earlier paper by our own Mike Foil which goes into the financial aspects of the BBA: http://www.canadafreepress.com/index.php/article/33139
In this article, Mike Foil illustrates the size of our national debt! It is mind boggling: http://canadafreepress.com/index.php/article/37687
Here is Mike Foil's article published July 17, 2011:http://canadafreepress.com/index.php/article/38556
Here is Morry Markovitz' paper about cutting spending by means of Congress' returning to its enumerated powers: http://canadafreepress.com/index.php/article/38893
And here is an excellent post with a link to the House version of the BBA which Michele Bachmann signed:
So Michele Bachmann has joined the long list of Republicans in congress who are selling us out.
READ the proposed Amendments, Folks! They are very short. Your politicians, talk show hosts, TV commentators, Faux News, & Tea Party leaders who support this are leading you astray.
Please do all you can do kill the BBA. Senate J.R. 10 transfers constitutional authority over taxing and determining expenditures to the President - the one who controls the sword. Goodbye separation of powers. This is the vehicle for a totalitarian dictatorship. And if it's ratified, it will have all been "lawful". And it does nothing to control spending!
If you have any questions whatsoever, if anything is not clear, etc., just ask!
Took your advise and just sent it to each of them. We'll see what happens. Thanks.
P.H. Has an excellent idea.
How about adding;
Where is your Blog? (URL?) I don't find it listed as a LINK on your TPN profile page. Google shows you referenced in some blogs (mostly TPN), but finding your particular blog out there in Cyber-Space is not a happy task for all of us fighting very slow Net connections. High speed Net is still FAR from universal across America.
David, This link will take you there. Thanks for your interest.
A suggested post anyone may use to respond to endorsements of the BBA
1. What supporters of the BBA overlook is that our Constitution is one of enumerated powers only. That means that every little thing WE authorized the federal government to do is actually listed in the Constitution.
Art. I, Sec. 8, cl. 3-16 lists - itemizes - most of the powers WE THE PEOPLE delegated to Congress.
Now this is the Key: Congress is authorized to spend money ONLY on the enumerated objects of its powers. I.e., Congress may spend money on operating a patent office b/c issuing patents and copyrights is an enumerated power delegated to Congress (Art. I, Sec. 8, cl. 8).
But Congress is NOT authorized to appropriate funds to teach Chinese prostitutes how to drink alcohol responsibly. That is not listed in the Constitution as an enumerated power of Congress.
Congress is NOT authorized to appropriate funds to provide medical care to poor people. That is not listed in the Constitution as an enumerated power of Congress.
SO! It is the list of Congress' enumerated powers which is to control and limit its spending.
That is how Congress is to control its spending: They may lawfully appropriate funds ONLY on the objects of its enumerated powers.
2. Art. I, Sec. 9, next to last clause, requires Congress to periodically publish the list of what it has appropriated funds for (e.g., such and such amount for salaries of federal judges [authorized by Art. I, Sec. 8, cl. 9 and Art. III, Sec. 1]; such and such amount to build ships for the Navy [authorized by Art. I, Sec. 8, cl. 13]; and such and such amount to pay the salaries of the people who mint the coins and the guards at the mint (Art. I, Sec. 8, cl. 5).
Congress is also required by Art. I, Sec. 9, next to last clause, to publish the receipts it took in.
Remember: Our Constitution contemplated that the federal government would obtain its revenue [which was to be spent ONLY on the enumerated objects of Congress' powers] in two basic ways: (1) import & export tariffs, excise taxes (e.g., tax on whiskey) and (2) apportioned contributions from the States.
So, if the federal government had a shortfall in its constitutionally authorized expenditures on the enumerated objects, and the revenues from the tariffs and excise taxes, the federal government would make up the shortfall from the States. The amount due from each State would be apportioned based on population [Art. I, Sec. 2, cl. 3]
Congress never had a "budget" until the Budget and Accounting Act of 1921. The Progressives wanted to substitute a "budget" for the enumerated powers.
3. What the BBA does is to change the criteria for spending. Instead of spending being limited to the objects of the “enumerated powers”; with the BBA, Congress will have constitutional authority to spend money on whatever they want as long as they do not exceed the limits on spending (unless they waive the limits).
Don’t fall for this, People!