Tagged with "spending"
Dumbing Down of America
Category: Education
Tags: education government spending entitlements

 It is no coincidence that, as our worldwide educational rankings have plummeted from number one to number 23 and 24 in math and reading we have become a nation of politically uneducated citizens. As the cost per student has soared the academic credentials of our students continues to plummet. Our public schools have become indoctrination mills and day care centers.

Students exit the public schools little if any understanding of the workings of our government or its history. They do not understand the Separation of Powers, the Declaration of Independence, the Constitution, and the concept of limited and defined power of the Federal government. They are taught to despise capitalism, to rebuke the successful, and to embrace the welfare state.

They are taught that our rights come for our government not God, that religion represents a threat to the government. They are taught that the states derive their power from the Federal government rather than the converse.

The latest election confirmed our worst fears. As Mark Twain once said, “If you don’t read the papers you are uninformed and if you read the papers you are misinformed.” We are now a nation that is both uninformed and misinformed. Voters chose to reelect a President with most abysmal record in our nation’s history. Rather than display an ability to study the facts and exhibit the skills of critical thinking, they chose their candidate based on 30 second sound bites.

We have become a third world nation of political illiterates. We have traded in our intellects and our morals and become a nation of sheep led by a self-proclaimed Messiah. This last election put on display, for the world to see, the Dumbing Down of America.

Compromise? Tags: economy budget jobs business taxes spending reform

 The Republican buzzword for surrender is “compromise”. John Boehner once stated, “Sometimes it’s hard to do the right thing.” Republicans seem resigned to raising taxes to avoid the “fiscal cliff” and reduce the budget deficit.

Good never compromises with bad, right never compromises with wrong, and justice never compromises with injustice. But, in a nation that has lost its moral compass, what was once crystal clear no longer sees the light of day.

Did Jesus compromise when faced with crucifixion? Did Christians compromise when facing persecution? Did Patton or McArthur compromise when facing the enemy? Would a parent compromise when it comes to the safety and security of their family?

We have become a nation that no longer recognizes a moral standard or a power greater than our government. We have corrupted our media, our family values, our Judeo Christian roots, our Constitution, the rule of law, the Separation of Powers, the sanctity of marriage, and our civility.

Our values and our spirit distinguish us from other living creatures. We have sold our souls to the devils to satisfy our thirst for power and material things. If we do not have our honor and our dignity we have nothing of value. Do we want to be remembered as a people of unshakeable principles or a people of pitiable Compromise?

Misery Loves Company Tags: economy budget jobs business taxes spending reform

 What do European countries and the United States have in common: a Socialist form of government, devalued currency, high unemployment, scant economic growth, a downgraded credit rating, bloated bureaucracies, out-of-control entitlement spending and government pensions, a shrinking private sector, burdensome regulations, onerous taxes, and class warfare?

Europe is an economic catastrophe and appears unwilling to admit that Socialism and Keynesian economics have led them into a financial abyss. As Margaret Thatcher said, “The problem with Socialism is that eventually you run out of other peoples’ money.” As the number of people living off the government dole increases and the number of people available to support them decreases a tipping point is reached and their economies come to a screeching halt.

But President Obama, the self-proclaimed “smartest man in the world”, believes that problem is not the system; the people running the system are the problem. Rather than learn form the mistakes of other nations, President Obama is doubling down on failure. Rather than learn from history he is determined to repeat it.

The mark of any good manager or leader is the ability to objectively self-evaluate their performance and make the adjustments necessary to achieve their primary goals. But President Obama, a man with no economic, financial, or management experience and a penchant for ignoring the advice of others, lacks the background necessary to right our sinking ship.

But European countries have found a loyal follower and have taken heart. After all, Misery Loves Company.

Numbers Game Tags: economy budget jobs business taxes spending reform

 The Obama administration fancies themselves as masters of manipulating numbers and statistics. But numbers and statistics are a dual edged sword. Relying on an ignorant apathetic electorate they have forgotten how easy it is to access the same numbers foisted on the public.

So let’s look at the projected Obama numbers: $45.8 trillion in spending through 2021, $26.3 trillion projected Federal debt through 2020, $10.9 trillion increase in Federal Debt, $9.5 trillion in additional debt, $6 trillion paid in interest on debt, $2.6 trillion for the cost of Obamacare, $1.75 trillion in annual cost for regulations.

Current Obama expenditures: $831 billion for the cost of the failed Stimulus, $575 billion in cuts for Medicare, $569 billion in annual taxes for Obama Care, $160 billion in taxpayer dollars spent in Fannie and Freddie, $109 billion annually for the cost of new regulations, $18 billion in expected losses for the auto bailout, 45 million people receiving food stamps, and 14 million unemployed workers.

But the list does not end there: 6.8 million new foreclosures, 6.3 million unemployed 27 weeks or longer, 3.8 million more people in poverty, 3.1 million people granted Obama Care waivers, 2.5 million jobs lost since Obama took office, 1.6 million personal bankruptcies, 980,000 people who have given up looking for work, 1 million construction jobs and 850,000 manufacturing jobs lost, $280,000 per stimulus job, 46,000 pages of new rules added, and a record number of pages added to the Federal Register.

This represents just a portion of the devastation that has been inflicted on taxpayers. But the Obama administration has a total disconnect with the impact their policies have on us. For President Obama it is just a Numbers Game.

Ominous Tags: economy budget jobs business taxes spending reform

 The mainstream media, once again carrying the President’s water and continuing its assault on the “evil rich”, they were only too happy to report on increased earnings for private sector CEO’s. Compensations that can range from several million to 10 million brought righteous indignation from the far left. At least these individuals are responsible for millions or billions of private sector dollars and thousand of private sector jobs. They cannot print their own money, arbitrarily raise their revenues, or necessarily borrow money.

Contrast their compensation with the $50 million earned annually by Justin Bieber and Lady Ga Ga or the $125 million earned last year by Oprah Winfrey. And what about the 10’s of millions earned annually by our President’s favorite movie stars, producers and directors and campaign contributors or the 10’s of millions earned annually by sports figures? And what about the evil rich George Soros?

When you have a abysmal record as President you have little choice but to make other people appear even more pathetic than yourself. Is it the President and his minions that will decide how much money we are allowed to make and keep or who is allowed to succeed and who must fail? With the passing of Stalin, Chairman Mao, Saddam Hussein, Karl Marx, and Adolph we thought the era of dictatorships was behind us but apparently not. The gathering of the storm clouds of tyranny is indeed Ominous.

California Dreaming
Category: Education
Tags: education government spending entitlements

 The State poster child for Socialism, California, is facing a reduction in the number of teachers for the fourth year in a row with potentially 20,000 teachers losing their jobs. What is most shocking to teachers is the fact that they may suffer the same fate as private sector employees, namely layoffs.

California is facing a budget deficit of $20 billion while its total outstanding debt is $2.3 trillion. Employee pension funds are underfunded by $500 billion dollars. They have become the state version of our Federal financial fiasco. While the teacher’s union likes to point out that is costs the school districts about $700 to process each noticed teacher, it pales in comparison to the annual cost of salaries and benefits.

Their familiar refrain on the reason for budget deficits is underfunding not overspending. The truth is: more revenues means more spending not a reduction in the budget deficit. Corporations, small businesses, and individuals must balance their budget and insure that their expenditures do not exceed their income but government feels no such constraints.

 Socialism has been tried and has failed every time it has been tried. There is the presumption on the part of Socialists that they can better spend our money than we can. But our Federal government and California underscores that false assumption. To think that our favorite west coast state has a clue on balancing their budget would be California Dreaming.

Day of Reckoning Tags: economy budget jobs business taxes spending reform

 It has often been said that the only things in life that are certain are death and income taxes. We can now add a third certainty, financial and moral collapse. An old expression, fat, dumb, and happy used to describe anyone oblivious to current events and predictable outcomes.

We have added $5 trillion in new debt in just three short years, made trillion dollar budget deficits commonplace, and accumulated $100 trillion in unfunded liabilities for Social Security, Medicare, and Medicaid. The Federal Reserve has printed $16 trillion in unsecured paper money for fund foreign and domestic bailouts.

Our porous unguarded borders have caused a rapid rise in crime, depleted state funds for social service programs, and made our nation more susceptible to terrorist attacks. We have decreased our military preparedness, embraced our enemies, and shunned our allies. We have a true unemployment rate close to 11% and a combined unemployment and underemployment rate close to 20%. Our housing market is in shambles and repressive regulations make gains in employment nearly impossible. Much of our population remains mired in generational welfare.

Public education is in a state of decline and Christianity is under attack. Crime, divorce, illegitimacy, and illiteracy are at all time highs. Immorality and perversity pervade our advertising, books, music, movies, and television. We have come to believe that the actions we and our government have taken will have no consequences. What is certain, unless we reverse the direction we have taken as individuals and as a nation there will be a Day of Reckoning.

Why?
Category: General
Tags: economy budget jobs business taxes spending reform

 As parents we have all experienced a child of boundless curiosity, when presented with a request or a demand, ask “Why?” And which of us, having worked in the private sector, have not heard our supervisors say, “We always do it this way or we never do it that way.”

As Alexander Tyler, a Scottish history professor, stated in 1887, in the devolution of a democracy, abundance is invariably followed by complacency and apathy. In the H G Wells book, the Time Machine, the Eloi, a society of childlike adults is hampered by their lack of curiosity and discipline. They do no work and live in a peaceful communist society where strength and intellect are no longer advantageous to survival.

We have come to accept a tyrannical government that acts in an extra constitutional manner. We do not question debilitating generational welfare programs, taking the life of unborn infants, mandatory education, the regulation of what we eat, drink, wear, breathe, drive or the homes we live in. We do not question economic generational theft, political corruption and lies, the denial of right to the free expression of our religious beliefs, or the indoctrination of our children in public schools.

We do not question oppressive taxation, the squandering of our tax dollars, the destruction of our heritage and culture, the security of our borders, the abandonment of the rule of law, class warfare, our moral decay, and the loss of inalienable rights endowed by our Creator. We must abandon the indifference that threatens the greatest society the world has seen and begin to ask Why?

The Argument Against Big Government - Part II Tags: Progressivism the Constitution Government Spending

A very savvy and succinct friend makes the following comment:

The tyranny of a majority indoctrinated and captured by an elite controlling the media, academia, government bureaucracies, and big labor is now the problem. The elites seek to implement the French model of 'beneficent' elites running the lives of the great unwashed in exchange for their permanence in power. They, of course, can do a better job than 'impersonal' capitalist markets.

 

This comment gets to the heart of the flaws in the Progressive proposition.  Progressives start with the notion that it is dangerous to allow common people to actually control a government [a belief shared with the creators of the US Constitution, by the way].  But they then follow Hamilton by suggesting an alternative to rule by the People---rule by a virtuous elite.  
 
Under the Progressive formula, the People's role is minimized, with elections still being held regularly [it is, after all, dangerous for any politician to disenfranchise the 99%], but with the real business of government being carried out by millions of bureaucrats who are not only not elected, but who are protected by the Civil Service rules from the politicians the People elect.
 
Because our government has become so complex, Congress can no longer actually specify most laws.  Rather, Congress delegates to various bureaucracies and regulators the task of creating the rules that govern the People.  The rules that get written are so long and so complex that no one understands them, shifting power from the People and the Congress [and the President, by the way] to the bureaucrats and the courts, the two elite groups favored by Progressives since they are considered to be the most professional and, of course, to be personally "the brightest and the best" by Progressive standards.
 
Presidents then try to recover some of their lost power by appointing White House staff and "Czars" to study functions nominally governed by the bureaucrats and propose policies that will allow the President to make a difference.
 
The result is an amazingly complex and dysfunctional government that is loathed by the People.  
 
But notice something the Progressives have been able to do that shows how smart they are: We have lots of polls about how happy or unhappy the People are with Congress, with the President, and with each of the political parties.  We have zero polls about how happy or unhappy the People are with the bureaucracy [with the exception of the IRS, which is, of course highly visible to the People].  Isn't that clever?  The bureaucracies are invisible and the courts are positioned as the People's only reliable source of protection.
 
But the bureaucracies and the courts are, in fact, the major source of the problem.  It is these two groups that have made our government so complex that the People simply CANNOT effectively oversee it, or even understand it.
 
I admire the Progressives' political talent at the same time I despise their political philosophy.
 
In contrast to the Progressive formula, the Constitution gets it right.  Starting from the same valid premise [that the People will often err, given human nature], the Constitution attempts to limit the damage the federal government can do by limiting the federal government's powers, by forcing the State governments to be subject to the will of the federal government in some cases, by leaving many issues about which government has authority in a given area open to question, ensuring that Congress is often split between the two parties, by allowing the courts to interpret what is actually Constitutional, and by forcing the federal government to subject itself to the will of the People every two years [in the case of the House and one third of the Senate] and every four years [in the case of the President].  
 
Progressives think this system is too complex and will often stop "the brightest and the best" from being able to use the federal government's elaborate structures and enormous wealth to implement the ideas "the brightest and the best" favor.  So they have created the Rube Goldberg government we know today, which is amazingly complex and often stops anything from getting done.  This Rube Goldberg creates a problem: It's even harder to do all the things Progressives want to do. 
 
The Progressive's solution?  More bureaucracies, more "czars", more rules, more taxes, and more reliance on "the brightest and the best".
 
What a surprise.  Progressives, like everybody else, want more power.  The Constitution is unique in its reliance on the People.  With all their flaws [and the People are often not pretty to look at], the People as a whole are still far superior to any smaller group.
 
But the People can only retain power if the government's duties are limited, since the responsibility for unlimited duties virtually compels the granting of unlimited power.  The genius of the Progressives has been their ability to convince the People to assign more and more tasks to the federal government and then to convince the People that the only way these tasks can be accomplished is to give the federal government more power and more money.
 
Between them, our various governments [local, State and federal] spent over 40% of GDP in both 2009 and 2010.  Since GDP is over $14 trillion, that's a lot of spending.  The federal government spends about 1.5 times as much as the State and local governments.  That's a reversal from 100 years ago, when State and local governments spent 2.3 times as much as the Federal government.
 
In the 100 years from 1910 to 2010, GDP grew from $33.4 billion to $14,551.8 billion, or by 435.7 times.  That's an amazing growth rate.  The US population grew by 3.35 times during that 100 year period, from 92 million to 308 million.  So GDP per person was 130 times as much in 2010 as it was in 1910---which is a remarkable growth rate, even in the face of the amazing inflation engineered by the Fed during that 100 year period.
 
Inflation alone accounts for a 23 times increase in ANY expenditure during the period from 1910 to 2010.  So instead of sharing a 130 times increase in GDP, the People share an inflation adjusted increase in GDP of "only" 5.6 times.  That means that the average person in the US produces 5.6 times the products the average person produced in 1910.  And that translates into a vastly higher standard of living, as we all have personally experienced.   
 
But those who manage our government have done even better.  The money we give Washington grew by 4,140 times, eclipsing by far the paltry 1,260 times more money we give to State and local governments.  Dividing each of these multiples by the same inflation adjustment, the federal government receives 179 times as many resources from the People in 2010 as it did in 1910.  The poor States and local governments receive "only" 55 times as many resources from the People in 2010 as they did in 1910.
 
All of our governments are becoming richer at a faster rate than the People.  And remember that the People's share of GDP is a pre-tax number, which means that the 5.6 times as much GDP they receive must be substantially reduced if a fair comparison is to be made between the People's share and the governments' share.  Luckily for my generation, Progressives bought our votes by borrowing the money they spent, not taxing us to get the needed cash.  So we were able to live high on the hog while passing the cost of our luxuries on to our children and grandchildren.
 
Progressives maintain that this amazing transfer of money [and therefore, of power] from the People to the government [and especially to the federal government, the Progressives' favorite government, because it is the most powerful] has been beneficial to all and essential to those whose ability to earn their own way is limited.
 
Making this claim was a brilliant strategy.  It positions the Progressives as "good guys" and their opponents as "heartless and greedy capitalists".  This claim looked valid as long as the favorable effects of WWII continued to buoy the US economy and as long as the benefits promised by the Progressives were mainly concentrated in people too young to actually receive them.
 
Now that demographic trends have turned against the Progressives [the "Baby Boomers" are starting to retire and there are fewer people available to pay the taxes needed to provide the benefits the Progressives give to old folks], the Progressives understand that the People as a whole will soon understand clearly the flaws inherent in Progressive political and economic policies.  
 
In an effort to continue to bamboozle the People for at least a while longer, the Progressives are cleverly demonizing SOME of the People ['the rich' or 'the 1%'], so they can convince 51% of the People in any election that the shortage of personal income is due to a few bad capitalists, rather than to misguided and dumb Progressive policies.
 
We'll see if that tactic works.  It could, for a while at least, since these are complex issues.  If it does, Progressives will be able to hang on to power for a few more years.  I hope it doesn't.  Every year we delay reforming these policies makes the cost of repairing the damage greater.  People like me benefit.  The longer the gravy train continues to run, the more gravy I get, now that I am old enough to receive the Social Security and Medicare benefits promised me in 1933 and 1965.  
 
But I know that the more gravy I get, the less bread and water that will be available for my children and grandchildren.  
 
And now the Progressives want to pass increases in taxes, to ensure that I won't be able to help my children and grandchildren supplement their own reduced after-tax incomes with the remainder of my accumulated savings.  
 
Progressives call this fairness.  I call it nonsense.  Progressives want to punish those who foresaw the flaws in their policies and consumed less in order to save more.  The Progressives will use the money they take from those who consumed less and use it to buy votes from those who are panicked now that they are facing an uncertain economic future while still being liable to pay off all the debts they incurred to buy the luxuries they foolishly consumed when times were good.  That's not fairness, no matter how clever it is as politics.  
 
But even some of my children are still bamboozled by the Progressive rhetoric.  So sad.  Almost as sad as the members of my greedy and lucky generation [which has lived high on the hog while piling up debts that our children and grandchildren will have to pay] who also have been bamboozled by the Progressive rhetoric.  Some very smart people are letting the Progressives fool them.  Truly amazing.  
 
And sad.
 
But, luckily, we still have a chance to fix the problem.  November 6th is coming soon.  All we have to do is
 
Vote 'em OUT!!!  Vote 'em ALL out!  Your choice.  Your vote.  Your country.  Your Responsibility!

 

One More Lie Tags: economy budget jobs business taxes spending reform

 I and many Americans have wondered why the stock market continues to recover while our nation is drowning in debt, unable to balance their budget, has chronic unemployment, and a disastrous housing market. Remember when we were told that the cost of TARP would be somewhere in the range of $800 billion dollars?

The first ever GAO audit of the Federal Reserve was carried out in the past few months over the objections of d Ben Bernanke, Alan Greenspan, and various other bankers who lied to Congress. They were afraid of the effects an audit would have on markets and we now know why.

 Over $16 trillion dollars had been secretly given out to US banks and corporations and foreign banks everywhere from France to Scotland. From the period between December 2007 and June 2010, the Federal Reserve had secretly bailed out many of the world's banks, corporations, and governments. Virtually none of the money has been returned and it was loaned out at 0% interest.

 When the TARP Bailout bill was passed we were told that loans of $800 billion were given to failing domestic banks and companies. That was a blatant lie considering the fact that Goldman Sachs alone received $814 billion. The Federal Reserve donated $2.5 trillion to Citigroup, while Morgan Stanley received $2.04 trillion. The Royal Bank of Scotland and Deutsche Bank, a German bank, split about a trillion and numerous other banks received hefty chunks of the $16 trillion.

And where is the outrage? Why have we not heard from the Federal Reserve, the White House, the Republican and Democratic Parties? And what about the mainstream media and their often heard cries for justice for our citizens? In a Ponzi scheme of Titanic proportion, a few rich and powerful people are acting unilaterally to destroy our economy. This latest disclosure and cover up by the Obama administration has proven to be just One More Lie.


 

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