Tag Archives: Congress

Time for Some Economic Truth Telling

I have something to say to the politicians and the buffoons in the media. “Enough with the lies and the spin and the mis-information! The fraud you are perpetrating on the American people is (or should be) criminal.” For years now, we’ve been told that Reagan ran massive deficits unnecessarily; that Bill Clinton created a surplus; that the Bush tax cuts of 2003 caused the current debt crisis; and my least favorite, that all we need today is tax increases to get out of our current fiscal mess. Using the chart above, and in only 800 words, I will completely disprove each of these idiotic opinions. They are progressive myths perpetrated in an attempt to justify an ever larger U.S. government. So in order:

The deficits of the Reagan years aren’t pretty, but they pale in comparison to the sheer madness of today and more importantly, they had a purpose. When Mr. Reagan took office the Country was in a quagmire financially and militarily and the policies of his administration brought us out of both and to new heights never seen before in America. During his entire Presidency, Democrats held a death grip on Congress and its purse-strings. They could have stopped all that ‘horrible spending’ any time they wanted to – they didn’t. Trust me when I say, I hate deficits, but as deficits go, these had a usefulness at least. Things were accomplished. For the debt incurred, the country gained peace with its greatest-ever threat, the Soviet Union as well as new-found economic prosperity.

Bill Clinton is the luckiest President in U.S. history. He was a philanderer in the only moment in history when one might get away with it – that is after the country gave up its morals and before blogs, twitter, facebook etc. which might have led to a very different outcome (look at Anthony Weiner – his actions were nothing compared to Mr. Clinton’s and he was ridden out of town on a rail). On the financial front, he rode an economic boom driven by the internet to government financial nirvana and he and his progressive friends continue to take credit for something they had virtually nothing to do with. Look at the chart; it’s right there in red and blue. From 1984 to 2000 Federal revenue more than doubled. Tax cuts from the 80’s and the resulting economic crescendo capped by the tech-boom drove federal tax receipts through the roof. Did he pay down the debt? Nope. Instead, Washington spent more money than ever before in the nation’s history. Though they tried very hard, Mr. Clinton’s administration couldn’t spend it all and a small surplus was left over.

Along comes President Bush. He campaigns on returning the American people’s money (remember now, despite the progressives’ slight of hand tactics to make you forget this fact, it is our money)  to them via tax cuts. Coupled with the tech bubble bursting and 9/11, this leads to a drop in Federal revenue and a return to annual deficits. But, wait; look what happens next. Revenues explode upward starting in 2004 and reach the highest in our nation’s history in 2007. How can this be? I’ve been told repeatedly that the Bush tax cuts ruined this country. I’m sure it must be true; I mean, MSNBC says so. Sorry, liberals, wrong again. Mr. Bush is not blameless however. He presided over a federal spending bonanza that out-paced all the income gains created by the tax cuts. But, Progressives don’t argue against the ‘Bush spending’ however. That wouldn’t work with their agenda of always spending more; so they say the tax cuts are to blame. Think what they are actually saying – “We wanted to spend all the money we did spend, PLUS all the money Bush gave back in tax cuts”. Incredible!

Last lie, “Tax increases will get us out of this”. What?!?! The current tax code is virtually identical to that of 2007. That means we have a tax system in place today that produced the largest single year Federal revenue in American history. That isn’t enough for them? They need more? Look at the chart again. In the imaginary years to come, Mr. Obama is counting on Federal income reaching all new highs. And even if it does, he still expects to run $500 and $600 BILLION deficits EVERY YEAR!  He wants to increase taxes in the hopes of increasing revenue (despite all the evidence that it doesn’t work that way), not to get our budget balanced and pay down some debt. No, that would be far too sensible for Washington. These morons want to increase spending even more. They want to go to all-new record levels of spending. I guess they’ve never heard of the idea of cutting back when times are tough.

There you have it; four lies of the left debunked. Where does that leave us? I’ll leave that for another time, but there are some lessons here for those willing to see. How does 2007 revenues with 1999’s spending sound? The result is a $900 billion annual surplus. $450 billion per year of that could go to debt reduction and $450 billion to replacing the money Washington has robbed from Social Security. That sounds like a good place to start.

1 Comment

Filed under Government Spending, Taxation

Puerto Rican Statehood, Now Why Would Democrats Do That?

Having passed the wildly unpopular health care bill through all methods of chicanery, the Democratic leadership in Congress now wants to legalize 12-15 million illegal immigrants currently residing in the U.S. and force (more on that in a minute) the island of Puerto Rico with its population of 4 million to become the 51st state. This will result in 16-19 million additional uninsured Americans which the rest of us will immediately begin buying health insurance for; along with the full allotment of other welfare benefits, Social Security, Medicare, education, etc., etc., etc. Now why would the Democrats do that?

Well, this doesn’t take a rocket scientist to answer – 19 million mostly poorly educated, low wage earning, not politically savvy new citizens; I wonder which party they would vote for? But, in the case of Puerto Rico it gets even better. As you know, each state gets two Senators and Puerto Rico would immediately elect two more Democrats to that body. In the House of Representatives the seats are capped at 435 and divided among the states based on population. The redistributing would result in Puerto Rico gaining 7 or 8 seats and other states losing that number. Two new Senators and 7 – 8 House seats guaranteed to go to the Democrats; considering that 1 vote in the Senate and 3 in the House were the difference between passage and failure of Health Care reform it becomes immediately apparent the stakes we’re talking here!

But, here’s the best part… Puerto Rico doesn’t even want to be a state. The people of Puerto Rico have overwhelmingly voted against it 3 times, including twice in the 90’s. Perhaps you’re thinking, ‘Well what’s the problem then, they’ll just vote against it again’. If only it were that simple, but as James Simpson explains here, this time the game has been rigged and if HR 2499 passes it will push the citizens of Puerto Rico into a process that will virtually force statehood upon them. Even members of their own party don’t like their tactics on this one. Democrat Congressman Luis Gutierrez shares his opinion of the shenanigans here.

The Democrats can’t pass their agenda (Health Care, Cap ‘n Trade, etc.) without trampling on the Constitution to get around those pesky citizens. Now it looks like they will lose most if not all of their majority in Congress come November. They are running out of time, so they have settled on a new plan. Use the power they have for the next 6 months to manipulate the make-up of the future electorate to ensure their retention of or return to power. Nineteen million welfare addicted new voters should do the trick.

Add to FacebookAdd to DiggAdd to Del.icio.usAdd to StumbleuponAdd to RedditAdd to BlinklistAdd to TwitterAdd to TechnoratiAdd to Yahoo BuzzAdd to Newsvine

Leave a comment

Filed under Ethics & Corruption, Immigration

Democrats Hijack Process and More on Way to Health “Reform”

Not satisfied with the monstrous majorities they hold in both houses of Congress and the  accompanying power to pass any and all legislation of their choosing, the Democrats in Congress are raping and pillaging their way through this legislative session in a manner that makes the Vikings seem like innocent Catholic schoolgirls. It is hard to decide which is more stunning – their lack of shame or the media’s blatant complicity in their actions.

Throughout Congress’s history the party in power has always had the ability to control the calendar; control the debate to some extent; and with a large enough majority, be assured of their agenda’s ultimate passage. However, never before in this illustrious body’s history have we seen one party abuse their power to this extent – literally shutting the other party out. Today’s announcement of their health care ‘reform’ legislation and the blocking of Republicans, Republican staffers and even the general public from attending; is just the latest in a long line of atrocious power manipulation by this Speaker and her cohorts. Previously, these same corrupt politicians locked Republican committee members out of the room where the health care reform legislation was being written. So much for the days of Ronald Reagan and Tip O’Neill sitting down together and hammering out tax policy – nope, Democrats today just lock you out of the room and write it without you then accuse conservatives of not being part of the solution.

This country was founded on the principles of representative government. The founders rebelled against a tyrannical power almost exclusively due to their revulsion at the practice of taxation without representation. But, today in America if your representative or senator is a Republican or an independent or even a conservative minded Democrat, you are a victim of taxation without representation. Republicans, Independents and conservative Democrats are being completely shut out from the legislative process. Their amendments are not being allowed to come to the floor for consideration; they are not being allowed the opportunity to voice their opposition to legislation; and now Pelosi has gone so far as to prevent those who don’t agree with her from even attending a public unveiling of the legislation.

Nancy Pelosi, Harry Reid and the Democrats who conspire with them have hijacked this government. These people took an oath to preserve protect and defend the Constitution, and they have not only failed to uphold that oath, they have blatantly and intentionally violated that oath. Justice would be best served by their immediate incarceration in a federal penitentiary – at a minimum the American people must demand that these treasonous criminals be soundly defeated in next November’s elections.

Add to FacebookAdd to DiggAdd to Del.icio.usAdd to StumbleuponAdd to RedditAdd to BlinklistAdd to TwitterAdd to TechnoratiAdd to Yahoo BuzzAdd to Newsvine

Leave a comment

Filed under Ethics & Corruption, Health Care

ACORN, Who’s ACORN Say the Dems and the Media

By now, unless you’re living under a rock, you’ve heard about the outrageous scandal involving the liberal and federally funded organization ACORN. So far FIVE different offices around the country have been caught red-handed providing advice on operating a sex ring staffed by 13 and 14 year old girls (illegal immigrants to boot) and how to stiff the IRS on the income generated. If you did somehow manage to miss it, you simply must see some of these videos:

Surreal isn’t it? And yet, a government funded organization and former employer of our current President advising citizens on the management of underage hookers, tax evasion and illegal border crossings may not even be the most unbelievable aspect of the story. No, the real stunner is the ludicrous reactions of the media and Democrats in Washington to this monumental and horribly disturbing story.

First, EVERY SINGLE major media outlet except Fox News made a herculean effort to ignore the story for as long as possible. Each day new videos came out, each one showing another office behaving just as disgracefully or perhaps more so than the last. Apparently this isn’t news. Apparently these organizations aren’t in the news business. Very confusing! When it was finally avoidable no longer they did it as they do best, they spun it as only the Left Wing Media (formerly known as the Main Stream Media) can. Only CNN would report this story with the headline ACORN workers caught on tape allegedly advising on prostitution. Hello! It is on video. What could possibly be alleged about that?

A couple days later, the anchor of ABC News, Charlie Gibson, while being interviewed on radio says he “Doesn’t even know about it” a week after the story breaks!?! Is he kidding? Are we truly supposed to believe that he missed this story for almost a week?

Meanwhile the U.S. Senate votes to ban federal funding of ACORN in light of the scandal. But, seven Senators vote to keep funding this criminal organization. They are:

Burris (D) from Illinois; Casey (D) from Pennsylvania; Durbin (D) from Illinois; Gillibrand (D) from New York; Leahy (D) from Vermont; Sanders (I) from Vermont; and Whitehouse (D) from Rhode Island.

48 hours later, Nancy Pelosi tells reporters, “I don’t even know what they passed. What did they do? They defunded it?”  Really Nancy? You are the Speaker of the House of Representatives and as such are responsible for scheduling votes and coordinating with your counterparts in the Senate on pending legislation, and you expect the American people to believe that you were “Unaware” of this legislation? Are you joking or are you a JOKE?

Just one day later (even though the Speaker knew nothing about it the day before) the House of Representatives votes to eliminate all federal funding to ACORN. Seventy-five Democrats voted against the measure! While the whole list of these convicts might be too lengthy, readers will not be surprised to learn that the tax cheat Charles Rangel (D – NY), the loon, Henry Waxman, author of the climate bill and the entire Congressional Black Caucus voted against the measure. In addition, it will surprise no one to learn that Barney Frank, lead author of the housing crisis was absent for the vote even though he had been on the House floor a mere 30 minutes earlier. Typical cowardly behavior.

This morning President Obama weighs in saying, “Frankly, it’s not really something I’ve followed closely. I didn’t even know that ACORN was getting a whole lot of federal money.” This is  simply laughable. The President of the United States doesn’t know that ACORN gets federal money. He’s the President of the United States. The Senate and the House voted on it this week. This organization played a huge role in his election campaign. He’s a former employee of ACORN. Who exactly are the Americans dumb enough to be falling for this kind of disingenuous issue avoidance?

I can’t decide which story is more outrageous; the under-cover videos exposing ACORN for what it is, or the despicable and dishonest behavior of the media and Democrats in Washington in reaction?

Leave a comment

Filed under Ethics & Corruption

Remember the Real Estate Melt Down? Barney Frank Doesn’t

In a move that defies all rational thought, Representative Barney Frank, D – MA, has written a letter to the heads of the recently bailed out Fannie Mae and Freddie Mac asking them to (get this) lower lending standards. I’m sure you are asking as I am, “Isn’t this how we got into this mess in the first place? Aren’t we still in the process of bailing out Fannie and Freddie?” A bailout, by the way, that is slated to cost the American taxpayer as much as $400 billion! Here is a Wall Street Journal Op-Ed regarding Mr. Frank’s latest act of brilliance relative to mortgage lending.

I thought since Mr. Frank clearly can’t remember the details that have led us to the precipice of financial ruin it might be worthwhile to do a quick recap and refresh his memory. Let’s go all the way back to 2003, when George Bush’s White House was sounding the alarm that there were huge potential problems at Fannie Mae and Freddie Mac. What did Mr. Frank have to say? You won’t believe it!

“Not in a crisis” – Really Barney? “Even if something did go wrong the Federal Government wouldn’t bail them out” – Really Barney? Ladies and Gentlemen, I present your Chairman of the House Financial Services Committee. Did you notice the matter-of-factness with which he said a bailout would never happen; as if the witness who suggested it might was crazy? Not so crazy now, huh, Barney?

Fastforwarding to 2005, Barney Frank tells us that there is no housing bubble, nothing to worry about and Fannie and Freddie should just keep making loans to people who can’t afford them (is there any chance this is because those people vote almost exclusively Democratic?).

In 2004, the Republilcans in Congress had had enough. They wanted to shut down the runaway lending at these two government subsidized companies. Watch as the Democrats rail against the Republican plan. Remember, this is 2004, people! What would have happened if Democrats hadn’t stopped the efforts to get a handle on the runaway mortgage environment? Would we be in this finanical mess today? Doubtful. Keep in mind, what brought down the banks, was their real estate investments, not their banking business.

My favorite is the bufoon Maxine Waters saying, “We were trying to fix something that wasn’t broke”. Maxine, the word you’re looking for is broken. Learn English if you are going to be a U.S. Congresswoman. She goes on to say, “Under the outstanding leadershipof Mr. Raines”. Oh, I wish she was kidding, but no, she’s actually serious. Then we have the classy Mr. Meeks saying he’s “pissed off”. He’s “pissed off”? That’s the language he feels is appropriate during a televised committee hearing in the United States Congress? Then Mr. Frank pipes in to say he “doesn’t see anything in the report that raises safety and soundness problems”. Good call Barney!

But, why would Democrats turn a blind eye to the risks? And why would Barney be willing to go right back down that road again? Money. Are you surprised? A little bit of money bought Barrack Obama, Christopher Dodd, Barney Frank and many many others. Frankly these politicians were cheap dates. A couple hundred thousand dollars and they turned a blind eye while their Democratic friends like Frank Raines made millions running Fannie and Freddie into the ground. A couple hundred grand and these politicians were willing to watch millions of Americans lose their homes and the rest lose significant equity. For that little bit of money these political whores were willing to put America’s sovereignty and her security at risk. Now Mr. Frank wants to go back to relaxed lending standards. I wonder who paid him off this time? I wonder what it will cost the American taxpayer this time?

1 Comment

Filed under Ethics & Corruption, Financial

Congress Adding Another Roadblock to Selling Your Home

As if the real estate market were not bad enough, Congress has decided to add yet another hurdle to the process, and as they often do in Washington, they are sneaking it under the radar while no one is looking. House Resolution 1728, the Mortgage Lending and Anti-Predatory Lending Act, is intended to address the predatory lending practices of the past several years – you know Washington’s favorite hobby – closing the barn door after the horse has already gotten out. What’s wrong with stopping predatory lending? Perhaps nothing, if that were where our brilliant leaders stopped. Unfortunately, they took it a step further and in the process have all but eliminated an owner’s ability to self-finance the sale of their own property. Seller financing is a vital tool for property owners looking to sell in a tough economic climate such as the one we are presently experiencing.

Interesting isn’t it, the government now all but owns the banking system, and the Congress of the United States decides it’s a good time to eliminate Americans’ ability to self-finance their transactions. Coincidence? I think not. Yet another restriction placed on the citizens of this country and their ability to manage their own lives and finances. Congress does this under the guise of protecting us from the proverbial big bad wolf at the door, but no entity has done more to harm the American citizen or his prospective wealth than the Congress itself. They are the problem, not the solution. Perhaps we should take the advice of a family member who suggested we double their salaries in exchange for their agreeing to go home and pass no more legislation until 2010. It couldn’t possibly be as expensive as allowing them to continue legislating us into oblivion.

The site found here was created to fully explain the problem with this legislation and help put a stop to it. If you’d like to learn more or get involved, I encourage you to check it out.

1 Comment

Filed under Random Senselessness

Congress Again Plays Robin Hood

Once again Congress is bribing some Americans using money stolen (okay taxed, but what’s the difference?) from other Americans. Democrats have decided they know best what cars their fellow citizens should be driving and want to manipulate the people’s behavior in their chosen direction. [On a side note, where is manipulate in the Constitution? I can’t find it.] Tuesday the House voted to provide $4 billion so that anyone who turns in a gas guzzler and buys a new car can get a $4500 rebate from Uncle Sam.

First, Democrats ripped off the shareholders and debt holders of GM and seized 83% ownership of General Motors using money they stole from the American taxpayer (well, actually the American taxpayer’s grandchildren, but that’s  another story) and now their trying to rescue our $50 billion they poured into a dead company by ‘stimulating’ GM’s sales with more stolen funds.

But the greatest travesty here is the injustice of these kinds of measures. If your neighbor buys a new car or truck this year and the new vehicle gets 10 mpg better than their previous one, they get $4500 of your money and mine toward the purchase, no other strings attached. If the new auto gets just 4-9 mpg better than the old one they still get $3500 from our crazy Uncle Sam. Many Americans (estimates are around 9 million) were already going to buy a car this year and will now get a nice bonus courtesy of their fellow Americans for doing something they were already going to do. The hope is that this legislation will generate more sales, but how many more and will those additional sales be worth it?

Who loses in the end? The same taxpaying citizens who always lose. Those who listened to the politicians, the talking heads, or more likely, their own common sense and got out of gas guzzling autos  in the last few years will once again be paying extra taxes so that others, who did not make good choices, can get a $4500 gift. Yet another example of Congress stealing from some and giving to others. Does no one see the injustice of a government behaving this way?

House passes cash for clunkers to boost new car sales – Jun. 9, 2009.

1 Comment

Filed under Government Spending

What Was the Rush?

Remember when the Democrats and the Obama administration told us it was urgent that we pass the $787 billion stimulus bill? Remember the “emergency” that resulted in Congress voted on it after only 12 hours for Congressmen to read the 1,100 page bill? Remember when it was such a crisis, that President Obama felt he had to break his promise to the American people that he would not sign any legislation for 5 days to allow time for public comment? Those who urged caution or suggested hearings be held to determine the likelihood of the stimulus strategy succeeding were shouted down – there wasn’t time for that we were told.

Why then has this government only managed to spend 6% of that money in the 3 months since the bill’s passage? A mere $46 billion of the $787 billion stimulus package has gone into circulation. Proponents of the stimulus will say the money is coming, it just takes time to get in motion. Fine, point conceeded. But, that does not begin to speak to the point. If it was always the plan for it to take months for the stimulus money to enter circulation, what possible reason was there for rushing the 1100 page legislation with 9000 earmarks through Congres and across the President’s desk? Why couldn’t our leaders show a modicum of responsibility and honor? Yes, that was a rhetorical question.

1 Comment

Filed under Financial, Government

Carbon Emissions – the Whole Story

Al Gore calls it an Inconvenient Truth, but I would say the global warming, carbon emissions, cap and trade situation is a Complicated Truth. Any one of these topics would be hard to delve into in a single blog entry or even in several entries, but I will point you to this article which is a compelling look at the complexities of the issues – Bound to Burn by Peter W. Huber. If you are looking for a common sense, honest analysis of these difficult topics, here it is.

Mr. Huber explains the real truth, that China, India and other developing nations are not going to be convinced to cease the burning of fossil fuels and thus impede their rapid advancement out of poverty. Not even to “save the planet”. If Democrats persist in placing extreme regulatory limits on carbon emissions in this country the resultant job migration overseas will make us look back longingly to the “outsourcing” job migration of the last 10 years. I might add, that when cap and trade is coupled with the current administration’s plans to raise corporate tax rates, every employer in America that has the ability will have all the reason they need to take their operations and the associated jobs overseas.

Likewise, the $40 trillion in oil under the Middle East is coming out of the ground. If you think it isn’t, I beg you to explain to me how a few sheiks, who hate us to begin with, will be convinced to give away $40 trillion by not drilling that oil. Of course, that’s rhetorical because there is no way that will happen.

Simple logic tells us that 1 billion people in developed nations cutting their carbon emissions, while the other 5 billion people on this planet are increasing their emissions rampantly, is not a formula for solving this problem and will only put those people doing the cutting at a huge competitive disadvantage. Bottom line this is a much more complex issue than the politicians make it out to be, and certainly too complex for Henry Waxman  to cram comprehensive climate change legislation through Congress in less than 30 days.

Leave a comment

Filed under Global Warming

Do You Believe Your Own Theory or Not Al?

If Al Gore believes so strongly in his global warming theory (and make no mistake, it is nothing more than a theory!) then why are he and House Democrats afraid to openly debate the subject? After inviting Lord Christopher Monckton, a former science advisor to Prime Minister Thatcher, to testify alongside the former Vice President, Democrats chickened out. When Lord Monckton’s flight from England landed in the U.S. this morning he was told he’d been scratched from the witness list. Gee guys, thanks for the notice!

It seems odd to this humble citizen that these progressive, open-minded, tolerant individuals in the majority would not want to hear an opposing view, of which there are many, before they begin re-writing the entire U.S. energy policy based on Gore’s imaginary science. Of course, as we’ve seen, they are only progressive, open-minded and tolerant when you agree with them. Just ask Miss California!

Leave a comment

Filed under Global Warming