In my last column, Congressional
Democrats Bankrupted the Nation [1], I walk readers through the factual
history, from 1916 to 2009, that has brought America step-by-step from the most
productive and prosperous nation ever known to mankind, to national bankruptcy,
in less than a hundred years. The past is clear and indisputable.... though few
folks know it and even fewer seem to have learned the lesson.
In summary, the federal government
has failed consistently in every effort to run Government Sponsored
Enterprises, GSEs. This might be why the founders, in their brilliantly
thought out constitution, afforded the federal government no such right or power
to “waste the labors of the people under the pretense of taking care of
them.” - A mistake that Thomas Jefferson had carefully warned the nation
against.
If you are in dyer need of life
saving brain surgery, I don’t recommend hiring the local union jackhammer
operator to perform the procedure. Likewise, if you want to extend the life of a
going enterprise, I don’t recommend that you hire people with a long and
distinguished history of bankrupting enterprises, to run it.
The Right
Answer
Any business owner knows that when
you find yourself in a hole, the first priority is to stop digging. You can’t
borrow your way out of debt, you can’t spend your way to prosperity and you
can’t rely on people who have only bankrupted businesses, to turn the enterprise
around.
The most obvious outcome of the 2008
election is the fact that we have gone from digging our national hole with a
shovel, to strip mining it with dynamite. It took Washington politicians seventy
years to dig a ten trillion dollar national hole, first with a spoon, then with
a shovel.
Now that Democrats have the free hand
to strip mine that hole with dynamite, it will take less than four years to
double the size of the hole, in trillion dollar increments.
When you find yourself in a hole,
stop digging. There is no running from the day of reckoning. You can’t spend
seventy years wasting taxpayer revenue under the guise of taking care of the
people without eventually facing a day of reckoning. Today is that
day...
The grown up thing to do when that
day arrives is to face it, deal with it, learn from it and move on. But that’s
not what Obama, Pelosi and Reid are doing...
The Wrong
Moves
As I chronicle in my last column [1],
Democrats have an eighty year track record of making all the wrong moves
concerning federal ventures into private enterprise. How many GSEs do they have
to bankrupt before voters get the message that the fed is no good at running
private enterprises?
· Fanny Mae
· Freddie Mac
· The Federal Reserve Bank
· Social Security
· Medicare
· Medicaid
· The US Postal Service
All of them are GSEs, federal
attempts to manage enterprises which would be better managed by private sector
people who have a history of running enterprises successfully. And all of them
are BANKRUPT!
Yet instead of stopping the digging,
the same Democrats that bankrupted them are now blasting the hole deeper at a
fever pace.
Forty of fifty state budgets are also
bankrupt and begging for federal bailout money, from a federal government, which
happens to be bankrupt itself.
Stimulate
What?
Nazi Pelosi ram-rodded an $819
BILLION socialist spending spree through her House that even a dozen decent
Democrats couldn’t support. No wonder not a single House Republican would
support it. This, they call a “new era of
bipartisanship...”
History has proven that Pelosi’s
spending spree will never stimulate the economy and clearly, she wasn’t trying
to stimulate bipartisanship. So what is she trying to stimulate?
· $4 billion to ACORN (famous for massive leftist
voter fraud and other criminal conduct)
· 80% federal spending, 20% tax cuts for Americans
(only Americans can stimulate the economy)
· $335 million for programs that help prevent
sexually transmitted diseases
· $50 million for the National Endowment for the
Arts (Hollywood leftists)
· $70 million for a supercomputer at the National
Oceanic and Atmospheric Administration (Al Gore)
· $75 million for smoking-cessation programs (no
more big tobacco tax revenue)
· $275 billion in “tax relief” focused on
lower-income families (low income families don’t pay taxes)
· The package cost more than the entire Iraq
War
We are a bankrupt nation
allegedly on an austerity program here. What do these things have to do with
stimulating economic growth?
The answer is nothing! Obviously,
it’s not the economy that House Democrats are trying to stimulate with $819
Billion in new taxpayer debt, which is actually estimated to cost more than $1.2
trillion when all is said and done.
Democrats are trying to stimulate the
growth of the federal government, via a trillion dollars in new efforts to
redistribute private property taken from those who earn it and vote Republican,
and given to those who vote Democrat. Pelosi is trying to stimulate the growth
of America’s already bankrupt entitlement GSEs.
Just in case you have any doubts
about that, take a moment to watch Obama Financial & Economic Advisor Robert
Reich and ranking House Democrat Charlie Rangel, as they define their idea of
“economic stimulus” in this congressional hearing. [2]
Pelosi, Reid and Obama are outraged
at Citi-Groups purchase of a new corporate jet, but none of them are outraged at
the taxpayer’s purchase of Nazi Pelosi’s personal jet.... They are outraged at
private corporate bonuses, but not at the fact that Democrats have used public
office as a get-rich-quick scheme for decades... We have monumental hypocrisy on
parade here! And that’s the good news...
Senate
Republicans
Senate Republicans might need to take
a lesson from the Obama political playbook. Obama Chief of Staff Rahm Emanuel
looked at the Democrat manufactured financial calamity and said, - ”You never
want a serious crisis to go to waste. And what I mean by that is an opportunity
to do things you think you could not do before.”
In other words, frightened Americans
will swallow a big fat socialist pill that they would otherwise never swallow,
if Democrats just seize this opportunity to shove it down the people’s throats
while they are focused on the prospects of a bread line.
The stimulus bill that passed Nazi
Pelosi’s House is indeed a “crisis” for every American. She took her photo op
standing next to a blown up image of a gift check from congress to the average
American, in the amount of $1800 per family. But absent from that photo op was a
blown up picture of the $8000 bill in new taxpayer debt per American family it
will cost, not counting the interest.
Senate Republicans could use this
crisis as the motivation they need to return to their conservative principles
and values. They can and should use this taxpayer crisis to stand tall with the
average American taxpayer, against this massive onslaught of secular socialist
confiscation of private property to fund Pelosi’s entitlement vote
pandering.
Democrats knew that this crisis was
coming because Republicans had warned them for years. Watch this video from a
2004 congressional hearing on the subject of Fannie and Freddie heading for
bankruptcy, which would drag the entire US economy into the toilet. [3]
Four years later, on congressional
Democrats’ watch and just in time for the 2008 election cycle, Fannie and
Freddie went bankrupt. Banks began failing across the country and around the
globe. Home foreclosures shot through the roof and home values dropped through
the floor. The US stock market (and American savings accounts) lost 40% of its
value and the dollar is on the brink of collapse.
If there was ever a crisis deserving
of real conservative Republican leadership, this must be it!
Only Senate
Republicans Can Stop the Digging
Democrats are clearly committed to
using the financial crisis they created to shove unbridled socialism and asset
redistribution down the throat of every productive American. The presidential
pen is being used to issue numerous Executive Orders aimed at bringing the
leftist proletariat to unmatched political power over the people who pay taxes
in this country.
Senate Republicans must be equally
committed to stopping it all!
From 2001 through 2008, Republicans
sounded repeated warnings of impending financial chaos. [4] Democrats not only
ignored every warning, they kept digging the hole even deeper.
WAKE UP America and tell Senate
Republicans to grow a spine and stand up to this insane continuation of the very
policies that caused the global financial crisis to begin with....
Speak up while there is still an
opportunity to put a stop to it in the Senate.
Call or write your senators today! A
dozen House Democrats had the good sense and backbone to stand up against Nazi
Pelosi. So even if you have Democrat Senators in your state, make the calls,
write the letters and send the emails. The buck stops with each of
us!
[5] Here’s a link for Senate contact
information – Use it or lose it!
PLEASE HELP WALTER MOORE END SANCTUARY CITY POLICIES IN LOS ANGELES AND SHUT THE DOOR TO ILLEGAL MIGRATION INTO AMERICA
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