Prepare To Sell Your Great-Grandchildren To The Chinese
We keep electing increasingly profligate spenders. From the WSJ:
George W. Bush approved gigantic spending increases for Medicare and bailouts. He also sponsored the first ineffective "stimulus" in February 2008--consisting of $168 billion in tax rebates and spending that depleted federal revenues in return for no economic lift.Democrats ridiculed Mr. Bush as "the most fiscally irresponsible President in history," but then they saw him and raised. They took an $800 billion deficit and made it $1.4 trillion in 2009 and perhaps that high again in 2010. In 10 months they have approved more than $1 trillion in spending that has saved union public jobs but has done little to assist private job creation. Still to come is the multitrillion-dollar health bill and another $100 billion to $200 billion "jobs" bill.
...Mr. Obama and his allies in Congress have ... increased the budget by 50% and financed the spending with IOUs.
...This year debt will hit 61% of GDP, heading to 68% soon even by the White House's optimistic estimates.
...By the way, today's spending and debt totals don't account for the higher debt-servicing costs that are sure to come. The President's own budget office forecasts that annual interest payments by 2019 will be $774 billion, which will be more than the federal government will spend that year on national defense, education, transportation--in fact, all nondefense discretionary programs.
If you can do simple math -- like, if you can add -- how can you be anything but terrified of what's to come?
We can no longer afford business as usual, which means we can no longer afford to elect the Democrats, the party of really bloated government, or the Republicans, the party that talks small government, but is just for smaller big government than the Democrats.
Unfortunately, it seems the electorate is an ass. (And P.S. Doesn't Obama look like a movie star with those glistening abs in the Hawaiian surf?)







Unfortunately, it seems the electorate is an ass.
I think the first problem is that the electorate cannot choice who runs. I cannot remember the last time when I saw what I thought was a good canidate run for an office. As is often said, If you are smart enough to be a good canidate, you are smart enough to know not to run. Yeah, I want to throw my hat into the ring so I get everyone digging into my business...potentially even making stuff up so the other canidate can win.
The Former Banker at December 16, 2009 1:24 AM
Have I mentioned that Obama and his team have no understanding of how wealth is created, since whenever they've needed money, they've called some patron and asked that some be sent over?
Yes, you say? I have mentioned these things before?
Bad news! I'm going to mention them again in the times ahead!
Crid [CridComment at gmail] at December 16, 2009 2:22 AM
Perhaps, Obama is just not fit to be a president and should have been voted out.
WLIL at December 16, 2009 2:49 AM
The electorate IS an ass. That's because several generations of our wonderful government schools have left most people with no understanding of the American traditions of personal freedom and personal responsibility, self-reliance and self-determination. These concepts are foreign to the average "American". They will continue to vote for whoever promises to take care of them, and they will tolerate whatever incremental loss of freedom and living standards that are necessary to accomplish their ultimate goal of all being wards of the state, and the goal of their masters to control their bodies, minds and souls.
Everyone who understands and loves the American way of life as I've expressed it above will have a tough decision to make down the road. Namely, when is it preferable to die free rather than live as a slave? That's an individual decision. I've made mine.
cpabroker at December 16, 2009 4:30 AM
Never, ever blame the unwashed masses: Doing so makes you into an asshole, and a fool besides.
Crid [CridComment @ gmail] at December 16, 2009 4:46 AM
Crid's right. Don't blame the public; that's what the leftists do. People in general are not stupid, although they may be badly mis-informed. The electorate has learned a lesson from Obama; it's been an expensive lesson, but it's not too late to right the ship.
It looks like the Tea Party movement is going to subsume the GOP, in a manner similar to the way the Reagan Revolution did in 1979. There's going to be a lot of new faces trying to get out in front of that, and it's up to people like us to separate the wheat from the chaff and start getting the word out. I'm almost certain that the next Republican Presidential nominee won't be a McCain, but it remains to be seen what type of person it will be. How many people outside of California and old-movie buffs had heard of Reagan in 1976? Don't give up, and don't blame people for acting on the information they have. Just point them in the direction of better information.
Cousin Dave at December 16, 2009 6:35 AM
His abs are ok for a middle-aged guy, but they're overshadowed by his moobs. The guy should keep his shirt on in public. Which is an interesting case of people seeing either what they want to see or what they are told over and over that they are seeing. Enough of "He's a GOD! Just look at him! Thrill! Swoon! Mmm, mmm, mmm!", and people think the moobs must be figments of their imaginations and discount what their own eyes are telling them.
It worked so well that all the bowing and scraping to despots on camera can just be flat out denied. Who you gonna believe, Obama or your lyin' eyes?
Robin at December 16, 2009 7:43 AM
I am soooo sick of our rock star president. If he'd spend less time doing talk shows talking in circles and more time in a basic math class, maybe he could do something worthwhile.
Yeah, it'll never happen.
Ann at December 16, 2009 8:19 AM
It's imperative to dismantle the Federal Reserve System (sounds so official), which is the private corporation that we owe the Federal Government debt (aka the National debt) to. Congress uses our income tax as a slush fund to enact their crazy schemes, basically anything that is explicitly prohibited by the Constitution (enumerated powers). Obviously there is little incentive for Congress to do such a thing, considering that slush fund allows them to buy votes to stay in office. We became indentured servants after passage of the Federal Reserve Act of 1913 and of course the Social Security act 20 years later and then the confiscation of Gold. Remember the United States notes that were issued by Executive order under JFK, which are no longer in circulation (there were redeemable in Silver).
jksisco at December 16, 2009 11:31 AM
Okay medicaid and medicare are billions in debt. If that's not enough to scare people off from government run health care- Think IRS.
The IRS is a government entity so complex that when Consumer Reports did a story on their efficiency, they found out that people in the local IRS offices gave them the wrong answer to their questions, regarding their income taxes, 50% of the time. HGow comforting.
David M. at December 16, 2009 12:34 PM
Now, the Democrats were right (at the time), about spending under President Bush.
And it wasn't even all their (or Congress's) fault, as Mr. Bush wasn't a small-government guy by any means.
But it was always hilarious to watch the follow-up to that factoid - the claim that they, the Democrats, were for lower spending, and would restore a sound fiscal policy to the Union.
Did anyone believe that load?
And if so, who're they blaming now? And why were they ever stupid enough to believe it?
Sigivald at December 16, 2009 1:09 PM
>>Yes, you say? I have mentioned these things before? Bad news! I'm going to mention them again in the times ahead!
What about his swimming trunks (in Amy's linked pic), Crid?
Granted, they're not speedo-style - but they're worth one of your mentions, surely?
Jody Tresidder at December 16, 2009 2:08 PM
I'm sorry that some of you think that only leftists think the "unwashed masses" are asses. I stand by my post agreeing with Amy's statement. An electorate that is not made up of asses does not elect someone like Obama, whose background and positions, many contrary to traditional American beliefs, were known before the election and available to anyone who took the trouble to educate himself. It also does not compound its mistake by simultaneously giving him overwhelming majorities in Congress, to enable him to ram the most extreme leftist agenda in our history through.
These people are, whether purposefully or ignorantly, trying their level best to dismantle the greatest, most prosperous, and freest society in the history of the world, and transform it into just another mediocre European welfare state/banana republic. If the electorate wants to prove to me that it's not totally brain dead, it'll start by undoing in November 2010 what it did in November 2008. I'm not holding my breath on that one.
cpabroker at December 16, 2009 6:36 PM
> -worth one of your mentions
Don't hate!
Crid [CridComment at gmail] at December 18, 2009 2:14 AM
cpa, I'll grant you that there's blame-the-public sentiment on the right (I just saw some of it last night). But they haven't institutionalized it the way the left has. There aren't any right-leaning columnists writing columns about how America is ungovernable.
Cousin Dave at December 18, 2009 7:06 AM
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