Obama, the Budget, and Circumventing the Process
You’ve got that right! Thank goodness for Obama!
Without him, the national deficit is going down…oh wait, it’s not. http://gatewaypundit.blogspot.com/2009/03/10-tax-spend-facts-for-tax-day-tea.html#links
But hey. At least Congress has NOT spent (pledged prior to today’s budget) more money in the past 70 days then the country’s GDP of the entire last year…oh wait, they have. http://www.bloomberg.com/apps/news?pid=20601087&sid=armOzfkwtCA4&refer=home
At least Obama and Congress followed the procedural rules when passing a budget. Oh wait, they circumvented the process through the “reconcilliation” process. http://online.wsj.com/article/SB123871911466984927.html
Daniel Hannon – A Hero Born on Youtube
Fresh air in a time of hazy fogs, and cloak and daggers…
Another “Conservative” in the UK Parliament
In his speech to party conference in Bournemouth, Liberal Democrat Shadow Chancellor Vince Cable argues that government should do fewer things well, rather than many things badly, freeing up the resources to give tax cuts to ordinary people.
Crushing Debt for the Next Generation – What have the Democrats Done?
And so the spend-a-thon by the Democratic President and Democratic Congress will lead our children into crushing debt for the next 23 years. THANKS HOPE AND CHANGE!
WASHINGTON – In preparation for his lead role in supporting a more fiscally-conservative “alternative” budget, Congressman Jim Jordan (R-Urbana) today offered the following opening remarks in the House Budget Committee in opposition to President Barack Obama’s FY 2010 budget proposal.
“Thank you, Mr. Chairman. Last Friday, Emily and Andrew Beck, originally from Carey, OH in our district gave birth to their son Olin. Olin is nine pounds, 3 ounces, 19 ¼ inches long and named after his grandpa. And little does this young man know – baby Olin is already more than $30,000 in debt to his government. And if the majority’s budget plays out as projected, that debt will go up to $70,000 by the time he’s able to write his name in cursive.
Olin’s not a free spender…he’s barely a week old! He simply was born at a time of unprecedented deficit spending by his United States Congress. This budget spends 10 billion dollars a day, every day for a year, moving the budget to an unprecedented level of 25% of GDP. It projects trillion-dollar deficits as far as the eye can see, landing somewhere around 125% of GDP in a few years.
And this comes on top of the bailouts, the omnibus spending bill, and the so-called stimulus bill that promises to spend $262,000 per job created, showering our tax dollars on such things as 300 million dollars worth of golf carts for federal bureaucrats; 50 million dollars for the National Endowment for the Arts; and millions of dollars in taxpayer-funded bonuses for executives at AIG.
Mr. Chairman, the administration has suggested that America’s economic ‘crisis’ should not be overlooked as an ‘opportunity’ for the majority to spend.
We disagree. We believe this is a moral issue – about baby Olin’s future, and about the future of our country. For generations, moms and dads have sacrificed so their kids can have life a little better than they did. That is the American dream!
But with this budget, the majority and the administration are putting the future at risk. They are forcing baby Olin and his generation into an almost insurmountable debt spiral – requiring them to run a 1 trillion-dollar budget surplus every year for 23 straight years, just to break even.
That is, of course, unless another ‘crisis’ allows the majority another ‘opportunity’ to spend even more.
When will this madness stop? When will the American people say ‘enough is enough’? For the sake of every American taxpayer – both current and future – to whom Congress will send the bill for this incredible spending, I implore my colleagues to show some restraint – and a little common sense – and start over on this budget.”
-
Archives
- June 2009 (10)
- May 2009 (23)
- April 2009 (43)
- March 2009 (118)
-
Categories
- Abortion
- Activists
- Anti-Catholic Legislation
- Appointees
- Atlas Shrugged
- Bills I Support
- BlogoWar
- BO – Biography
- Capping Pay
- Celebrities
- Clinton
- CNN
- Contributors
- Credit Crisis
- Disenfranchise Voters
- DOJ
- Economy
- Education
- Equal Opportunity
- EU Ratification
- Food
- Food Stamps
- Former Obama Supporters
- Free Market Economics
- Free Press
- Free Speech
- Global Warming
- Going green
- Government Debt
- Health Care
- Hollywood
- Immigration
- Kennedys
- Liberal Business
- Mark Levin
- Mexico
- Michelle Obama
- Minister of Culture
- Neutral Govt
- Obama & Bush
- Obama – Cabinet
- Obama – Domestic Policy
- Obama – Foreign Policy
- Obama – Fundraising
- Obama – Housing Bill
- Obama – Spending Bills
- Obama – Stimulus Bill
- Obama Budget
- Obey Obama
- Palin
- Pensions
- Personal Amusement
- Personal Debt
- PETA
- Piano
- Political Attacks
- Polls
- Populism
- Pork
- Preventing Credit Fraud
- Record Collections
- Redistribution of Wealth
- Rush
- School Shootings
- Science and Politics
- socialized medicine
- Space exploration
- Spitzer
- Strange but True
- TARP
- tax cheats
- Tax Cuts
- Tea Party
- Teleprompter
- The Left
- Tolerant Liberals
- Town Hall
- Uncategorized
- United Nations
- Useful Idiots
- Veterans
- Voting Rights
- Wikipedia
-
RSS
Entries RSS
Comments RSS