Pop goes the economy

[DougHeil]

Nah, I don't like that terminology. Leftists have co-opted the term "Liberal" to make their ideology sound more palatable. Classical liberals are all about freedom of speech, action, conscience, economy and belief. Today's "liberals" try to shout down speech with which they don't agree, believe in less freedom of choice, action or economy than their supposed forebears, favor a more totalitarian, top-down, form of government, and love to coddle or team up with the enemies of freedom (like Islamists).

Real liberals were guys like the Founding Fathers; today's "liberals" are just socialists or communists in sheep's clothing.

Ouch.

 

[JDeezy]

Some of founding fathers were f______ monarchists though... :chuckles:

Yeah, I watched John Adams.

 

[DougHeil]

More and more are now saying that the Solyndra deal amounts to "Criminal Fraud" against the United States.

What say you?

 

[DougHeil]

LOL Got to give him credit. He doesn't mix words and is very direct and very right on.

Who's Your Daddy?
By Bill O'Reilly
9/24/2011

For millions of folks, the federal government is now their sugar daddy. According to The Wall Street Journal, 47 percent of people in this country, both citizens and non-citizens, are receiving one or more federal benefits payments. That is the highest entitlement percentage in U.S. history.

And that's just the way some in the Democratic Party want it. Get the folks hooked on government benefits, and you'll have their votes for life because those mean Republicans are so full of self-reliance that they'll always oppose federal largesse.

From 2007 to 2010, the Democratic-controlled Congress added $5.3 trillion to America's already astronomical debt -- a record spending spree over a three-year period of time. Speaker of the House Nancy Pelosi and Senate Majority Leader Harry Reid led the wild ride, with Presidents Bush and Obama signing off on the binge.

Now, the USA is approaching bankruptcy, and the Democrats still don't want to rein in spending. They fight cuts every step of the way, offering up phony "take the rich" mantras to deceive the voting public into believing that increasing revenue will dig America out of its well of red ink.

Liberal Americans like to think of themselves as compassionate, championing a vast flow of public money to those who have not. But what is compassionate about wrecking an entire economy?

America's economic status was downgraded because our government has failed to deal aggressively with deficit spending. The dollar is being hammered because confidence in it is flagging all over the world. While countries like Switzerland and Germany retain healthy balance sheets, the USA is following the philosophy of Zorba the Greek: dancing all day long rather than confronting the reality of irresponsible behavior.

Simply put: The federal government cannot continue fiddling while the economy burns. It must begin implementing aggressive spending cuts across the board.

If that were to happen, we finally could look at revenue enhancement in a fair and effective way.

But it's a lot easier to trot out Warren Buffett in the role of the ancient mariner. My secretary pays more income tax than I do, he whines. Well, Warren, you could write a monstrous check to the Treasury anytime you wish in order to right that wrong. But demanding the feds raise the capital gains tax will assure a long winter for the stock market. Would it not?

President Obama will not win re-election on the class warfare ticket, but it seems he is determined to try. By all means, close up loopholes that allow corporations like General Electric to avoid paying taxes. Yes, dial back lavish deductions that fat cats use to dodge responsible tax payment. But let's knock off the "fair share" myth, OK? Affluent Americans have been paying a disproportionate amount of income tax for decades, and still the nation remains deeply in debt.

Punishing achievement is not the road to fiscal solvency, Mr. President. Just ask the Swiss.

http://townhall.com/columnists/billoreilly/2011/09/24/whos_your_daddy

Can anyone in here refute what he wrote?

 

[David.]

Warren Buffet can end the deficit in 5 minutes..

Warren Buffett, "I could end the deficit in 5 minutes," he told CNBC. "You just pass a law that says that anytime there is a deficit of more than 3% of GDP, all sitting members of Congress are ineligible for re-election. The 26th amendment (granting the right to vote for 18 year-olds) took only 3 months & 8 days to be ratified! Why? Simple! The people demanded it. That was in 1971...before computers, e-mail, cell phones, etc. Of the 27 amendments to the Constitution, seven (7) took 1 year or less to become the law of the land...all because of public pressure.

Congressional Reform Act of 2011

No Tenure / No Pension. A Congressman collects a salary while in office and receives no pay when they are out of office.

Congress (past, present & future) participates in Social Security. All funds in the Congressional retirement fund move to the Social Security system immediately. All future funds flow into the Social Security system, and Congress participates with the American people. It may not be used for any other purpose.

Congress can purchase their own retirement plan, just as all Americans do.

Congress will no longer vote themselves a pay raise. Congressional pay will rise by the lower of CPI or 3%.

Congress loses their current health care system and participates in the same health care system as the American people.

Congress must equally abide by all laws they impose on the American people.

All contracts with past and present Congressmen are void effective 1/1/12. The American people did not make this contract with Congressmen. Congressmen made all these contracts for themselves. Serving in Congress is an honor, not a career. The Founding Fathers envisioned citizen legislators, so ours should serve their term's), then go home and back to work.

TL;DR Add an amendment to the constitution to make it so no members of congress can get re-election if there is still a deficit.