The debate on raising the debt limit is hitting critical mass and there are a few things that are worth noting on the issue. Talks have reportedly broken down and Obama threw another tantrum last evening. It appears he is having problems because his base wants taxes raised and they insist that it all can’t be done with cuts alone. This is, of course, pure fabrication because there is enough waste in government along with unnecessary programs to balance the budget without raising taxes. Taxes are high enough and it is important to remember that when government talks about balancing cuts with taxes that the cuts take place over ten years and the taxes take effect immediately.
Democrats are in a tizzy and Obama is acting like a spoiled child who can’t get his way. He has resorted to scare tactics to get his point across and it is probably working with some groups of people who are not as informed as they should be. Obama’s tactics are terror tactics designed to gain compliance to his wishes by terrorizing those who have become enslaved to the government. He is also using the word default as in for the first time in our history we will default on our obligations. This is malarkey. We have enough money coming in to service our debt and a default is the inability to do that so no matter how times Sir Golfsalot says it, it isn’t true. We will not default on our debt. We will, however, not be able to pay for some of the things that politicians have promised in order to get votes. We might not be able to afford some of the agencies that are either not needed or have grown way too big and need to be smaller anyway.
No matter what, we will not default on our debt.
Obama is using terror against the elderly, those enslaved to government through forced participation in the Ponzi scheme known as Social Security. Obama stated that if we do not settle this he can’t guarantee that Social Security checks go out in August. Really? We take in enough money each month to not only service our debt (which means we won’t default) but to also pay the recipients of Social Security the money they paid into a system that has been mismanaged by politicians. This should actually be a wake up call to the people who believed that government had the money to pay this obligation. The money has not been put away in a special trust fund. The money was moved to the general fund under LBJ, a Democrat, and has been spent on pet projects of politicians. They did what Bernie Madoff did and he is in jail.
Obama claims that he cannot guarantee those checks will go out but this is a lie. He can make that guarantee unless he has decided that there are other entities that need the money more, like say his union thug friends. The reality is that Obama can guarantee the checks go out and he should do that. In fact, the House should call his bluff and pass legislation that says that in the event a deal is not reached then the money must be spent to service the debt, pay Social Security recipients, and pay the military. After that they can do what they want with the rest. That would force the Senate to either side with Social Security recipients (as they claim they do) or vote against them. It would force Obama to do the same.
Republicans should stop playing games with this child and back him into a corner so that he is forced to make tough decisions. Force him to either sign it or screw over the Seniors. Force him and the Senate to make these decisions through legislation because negotiations are getting us nowhere.
Democrats say we must raise the debt ceiling in order to keep from going into default (a claim I have already addressed) but they are in a tizzy because there are no tax increases in these Republican offered bills. That brings up another point. Democrats have offered no solutions and have not offered a budget in two years. The only thing they know how to do is tax and spend. Barbara Mikulski, the gnome Senator from Maryland, is very upset that tax increases are not included in any of the plans. Mikulski is an idiot and should have been turned out to pasture a long time ago. She could not survive in the real world and the morons in Maryland keep reelecting her because she keeps giving them someone else’s stuff. Yes, this is why Babs (and the rest of the Democrats) want higher taxes. They want more of people’s money so they can give it to other people who will then vote for them. It is the same scheme that has caused this problem but she does not care.
I can understand why Obama is upset. He is in the position of having to beg Congress to do what he was unwilling to do when he was in the Senate. He must now admit to the world that the fact we are here asking to raise the debt ceiling is a lack of leadership. Those were his words when he was in the Senate and now he is forced to admit that he has been lacking as a leader. In fact, all Democrats in the Senate voted against raising the ceiling the last time and this is what Harry Reid had to say at the time:
“If my Republican friends believe that increasing our debt by almost $800 billion today and more than $3 trillion over the last five years is the right thing to do, they should be upfront about it. They should explain why they think more debt is good for the economy.
How can the Republican majority in this Congress explain to their constituents that trillions of dollars in new debt is good for our economy? How can they explain that they think it’s fair to force our children, our grandchildren, our great grandchildren to finance this debt through higher taxes. That’s what it will have to be. Why is it right to increase our nation’s dependence on foreign creditors?
They should explain this. Maybe they can convince the public they’re right. I doubt it. Because most Americans know that increasing debt is the last thing we should be doing. After all, I repeat, the Baby Boomers are about to retire. Under the circumstances, any credible economist would tell you we should be reducing debt, not increasing it.
Keep in mind that Democrats want to increase the debt limit by 2.5 trillion dollars which is quite a bit more than Reid discussed above. They want to push this issue past the next election so they do not have to deal with it again.
In any event, Obama now has a record and people are far less impressed with his actions as they were with the words. Some folks have figured out that it was easy for Obama to talk but acting on the words was not so easy. They figured out that he was way more radical than he led them to believe and that he is not an effective leader. In fact, it has to be troubling to Obama that Ron Paul is within striking distance in the presidential polls.
So here we have a leader who spent like there was no tomorrow on programs that cost more money and failed to stimulate saying we have to be responsible with the debt while asking us to bump the credit limit another 2.5 TRILLION dollars. They promise cuts that will take place over ten years (and we know that never happens) while taxing us immediately. And yes, the taxes will hit all of us one way or another.
What could go wrong with this plan?
Here is an idea. Balanced budget amendment to the Constitution to force them to live within OUR means. Flat tax that all wage earners pay and cuts across the board to government with the elimination of unconstitutional or unnecessary programs and departments.
Until that time we need to take a new approach to slap people like Mikulski back into reality. Obama promised that if he were to get elected it would not be business as usual in DC. With that in mind, let’s do things a little differently. We want the cuts to the budget to be IMMEDIATE and the tax increases to be over ten years.
It is OUR money and dammit, it is time they listened to us tell them how to spend it.
One thing is certain. They don’t want to cut and they want to raise taxes but on August 2nd they are not going to have much of a choice. There will be a lot more cutting than they wanted to happen and it won’t take place over ten years.
Never surrender, never submit.