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Left And Right Politics

…plus the cream in the center.

Obama And Congress Scramble To Find Money For Tax Cuts

Posted by Billy On January - 16 - 2012

This week Congress returns to work after their three week undeserved vacation. So now it’s time for them to dig their heels down and find money to support the tax cuts that Obama and friends want to continue keep in place to help get the vote they need to win this year’s election.

There are many ideas that are being floated around Washington, but the one idea that is being avoided is the one that many Libertarians and Conservatives are calling for for years. It’s the idea of cutting many programs that are not the responsibility of the federal government. It’s gotten to the point that the federal government has funded so many programs that can no longer be funded. The real issue is how many of those programs should not have ever been put in place to begin with (but that’s for another post).

There are many programs that can be dismantled and/or eliminated to lower the cost of running this country. The biggest problem America is facing when talking about the deficit or the debt ceiling is the fact that Washington is spending way too much. Instead they want to play the number game and say they’re going to cut spending over a ten year period. I laymen terms that means they will cut back on future projected spending.

Let’s look at it this way, the federal government spent $3.5 trillion in 2010 and according to the most recent available tax revenue information (2007), only collected $2.4 trillion in taxes (after refunds). Washington is already spending more than it collects. Add on to the fact that there are other programs that politicians want to have funded in the future. Let’s say they “plan” to spend an extra $300 billion each year for the next ten years, in that case they would be spending another three trillion dollars on top of the already $3.5 trillion. So now they say they just “cut” $500 billion dollars. What that really means is that now they expect to spend only an extra $250 billion dollars each year on top of what they are doing already.

The federal government has been doing nothing but growing for the past few decades and on the path they (politicians) are going, it will continue to grow. Don’t be one of the many that fall for the creative accounting practices of our politicians. Wake up and see for yourself that this country is already bankrupt. the only reason we are still operating is because China and other countries are still willing to buy our debt. Once they stop buying our treasury bonds, it will be over for America.

The ONLY way to get the deficit and the debt under control is to reduce current spending. Yes it’s not going to be easy for the American citizen to do it, but the alternative is not a pretty site what-so-ever.

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Rick Santelli Rants In Defense Of The TEA Party

Posted by Billy On August - 9 - 2011

This morning, August 8,2001, before the markets even opened, Rick Santelli was asked about what he thought about all the events since last Friday night when Standard and Poors downgraded the credit rating of the U.S. His response as well as his analogies to the current situation is awesome. If you’ve watch CNBC during the trading day on Wall street, you know Rick Santelli for his reports live on the Chicago Board of Trade, where he is also known for his occasional rants. His rants (in my opinion) are so clear and straight to the point, it’s awesome.

Rick Santelli clearly does not agree, condone or accept the lack of leadership in Washington. I have to agree with him myself since I also share that same view. Obama and all the other politicians (both Republicans and Democrats) in Washington (oops I forgot, they’re on five weeks vacation) have shown no leadership skills during the last few months. What happened in the past week is just part of the results.

From Timothy Geithner telling Congress in April, 2011 that he sees no risk at all to the United States losing it’s “AAA” credit rating, to Obama’s lame speech today, we can see the lack of leadership.

If we, the American voter, don’t stand up and tell Congress and the president to do the job we sent them to Washington to do, we as a nation will lose more than we already have.

Here’s the video to Rick Santelli’s rant this morning. I know you’ll enjoy it as much as I did.

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Government Can Not Work Together

Posted by Billy On July - 23 - 2011

……unless of course it’s comes to the fact of giving themselves raises or going on vacation.

When it comes to anything other than those two issues, Congress and the Administration can not work together. It’s been going on for over three months (actually longer, but I’m just talking the major push of it all) and still to this day the Obama Administration can’t even come up with their own plan. All they want to do is point fingers at the Republicans coming up with “insane” ideas, and not being cooperative.

It’s gotten to the point where the credit rating company, Standard & Poors is looking to downgrade the U.S. rating on the grounds that they (Federal government) are politically divided. In October, S&P said that the U.S. fiscal issues won’t affect anything in three to five years from now. Then in April, they changed their outlook to being a three to one chance that there will be debt issues within two years. Well now, S&P are looking at a 50% chance of a downgrade since Congress and Obama are too divided to really give confidence to the rating company.

Obama and the Democrats in the Senate have said that they will not pass a bill that won’t allow the federal government to raise the debt ceiling. The Republicans in the House have presented a bill, Cut, Cap and Balance, but the left doesn’t like it. Why? Because they didn’t write it. Well, not really, they feel that they will have to raise the debt ceiling again as well as they’re not too happy about cutting programs that have brought them the votes they’ve wanted in the past. They’re also thinking of the election next year.

That’s what this all comes down to when you really think about it. This whole entire debt ceiling fiasco is all political and nothing more. Why else would Obama use his empty threat last week when he said that he couldn’t guarantee if the Social security checks would go out on August 3rd if the debt ceiling wasn’t raised. I feel that was a low-class act for any president to do. When it comes to cutting programs, it’s always the Fire Department, Police Department and Medicare that are used as pawns to get voter support. The good thing is that more than ever, the American voter is engaged and knowledgeable about the federal government and what their duties are and what is going to come first in entitlement programs and other spending programs.

It time for us to realize that these clowns in Washington are not going to do the right thing ever again in their political careers, so let’s make it easier for them by voting ALL of the out of office when their time has come for re-election .

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Sheila Jackson Lee Plays The Race Card

Posted by Billy On July - 19 - 2011

It never ceases to amaze me that certain people label others as a racist when they don’t go along with what they want, especially in politics. It doesn’t matter if it’s the Republicans or the Democrats, they both do it when it suits their needs. It seems that it’s the Democrats turn to do it with Sheila Jackson Lee leading the charge.

On Friday, Representative Sheila Jackson Lee (D-Tx) insinuated in a very strong manner that some members of Congress are against raising the debt ceiling because President Obama‘s race.

On the House floor this past Friday Jackson Lee is quoted, “I do not understand what I think is the maligning and maliciousness [toward] this president,” said Jackson Lee, a member of the Congressional Black Caucus. “Why is he different? And in my community, that is the question that we raise. In the minority community that is question that is being raised. Why is this president being treated so disrespectfully? Why has the debt limit been raised 60 times? Why did the leader of the Senate continually talk about his job is to bring the president down to make sure he is unelected?”

She also had the nerve to say that Obama has been targeted like no other president before him. Her comment being, “I am particularly sensitive to the fact that only this president — only this one, only this one — has received the kind of attacks and disagreement and inability to work, only this one,” said Jackson Lee from the House floor.

“Read between the lines,” she continued. “What is different about this president that should put him in a position that he should not receive the same kind of respectful treatment of when it is necessary to raise the debt limit in order to pay our bills, something required by both statute and the 14th amendment?”

“I hope someone will say that what it appears to be is not in fact accurate,” said Lee. “But historically it seems to be nothing more.”

I would like to inform Ms. Jackson lee that we can no longer pay our debt as a notion because of all of the other times that Congress raised the debt ceiling. It has nothing to do with anything else. In 2006 when G.W.Bush wanted to raise the debt ceiling (which was wrong then too in my opinion), the Democrats fought against it. What has changed the minds of the left to want to do it now? Is it because they have the power or are they the ones who are being racist?

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