Posts Tagged ‘debt’

Our Children

When these cute little kids get old enough to understand – who is going to explain to them that they were born owing hundred of thousands of dollars to faceless bondholders around the world?

Americans love their children. It makes no difference whether we are liberal, conservative, progressive, independent, or even politically sterile – our children are our hopes and dreams projecting our lineage into the future. At this moment, their future is in jeopardy and our generation has the moral responsibility and imperative to reverse that.

We see a future for our kids on the horizon that we have to change before it arrives. Our entitlement programs – Social Security, Medicare, and Medicaid – are spiraling into insolvency. The Federal Budget Deficit has tripled in two years. Our government is mortgaging our kids’ future earnings at an alarming rate and shows no signs of exerting any sanity.

Combining the liabilities of the National Debt at over $13 Trillion at present and the unfunded liabilities of the above mentioned entitlement programs; every baby born today is on the hook for just under $400,000. That, of course, includes every living American of any age. Now we have piled the Health Care Bill on top of all the previous government commitments to entitlement largesse and the long term costs of that are not being truly enunciated. Only time will tell if it will be the final nail in the destruction of our nation’s fiscal stability.

We can no longer sit in front of the TV with 500 channels of sports, porn, and sappy sit-coms and ignore the peril in which we have placed our children’s future. We must awake and realize that piling up unmanageable debt and then dying to escape repayment is nothing short of criminal.

We have to stand up and demand the drastic reform of the entitlement monster before it destroys the opportunity our kids deserve. As individuals we must be strong enough to swear that we will not enroll in any of these programs unless fate and bad fortune leave them as the only way to preserve our lives. We have to get back to the concept that a government handout is not a right – but an insult, and an affront to our dignity. Sure you say you paid in and want your benefits. Too bad the government stole every penny of what you contributed and left the funds empty – it’s GONE! The people we elected over the past half century stole every penny! It is our burden and responsibility to realize the dough is gone and we have to take the hit – not our kids.

Watch that cute clip again and think hard on whether you want to be part of the problem, or part of the solution. Your little loved ones need your involvement now.

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Video Analogy

Take a few minutes and see a video analogy of big government and where we will all be if President Obama continues to get his way:

Watch the debt climb.

See the bureaucrats running their departments.

Observe the few trying to prevent the disaster.

Note the apathy among the dedicated workers.

Witness the tipping point, and the unstoppable aftermath.

Notice the businessmen, stripped of their dignity, thrown into the maw.

Watch how the workers are tossed in immediately after.

Whose children are these – yours, mine, or will they be our grandchildren?

Stalin culled out the thinkers and entrepreneurs and worked them to death in the Gulags. Mao selected the landlords, business owners, and intellectuals and put a bullet in the back of their necks. Obama is not a dictator, and does not have the power to become one. His kinder, gentler way of crippling a free economy is to ostracize, criticize, tax, regulate, and marginalize those who create jobs and write the paychecks.

 “Spreading the wealth around” will soon lead to no more wealth to spread around.

VOTE THIS NOVEMBER!

The Gift

In late 1941, WW II had been raging for over two years.  Britain was holding out alone in Europe and Hitler’s Panzers were within sight of Moscow.  With the horrors of WW I fresh, the United States wanted no more foreign entanglements.

FDR knew the US would have to enter the war on the side of the Allies.  Allowing the Axis Powers to absorb huge populations and untold natural resources would eventually create powers too big to defeat.  Every farm, oil well, rubber tree, factory, and military age man absorbed by the Axis meant another increment of strength to our enemies.  What – if anything – could awaken the American people to the growing and imminent threat to our very existence as a free republic?

Admiral Isoroku Yamamoto stepped up with a perverse and tragic gift on December 7th.  The horrific news of the attack on Pearl Harbor galvanized the American people as nothing else could.  The intense anger following that sneak attack combined with the sober realization that half the world’s modern military strength was arrayed against us stoked the determination to destroy our enemies.  The acute realization that our nation was in mortal danger of becoming an Axis conquest awoke the instinct of self preservation.  From that moment on, America was at war to win.

The Obama Administration is our generation’s domestic Pearl Harbor.  We must take advantage of it to preserve our country for future generations.  Barack Obama has given us a priceless gift if we are strong, smart, and organized enough to use it to our advantage. It is an attack on our freedom, liberties, way of life, and our children’s future, from within. It is an assault on America’s greatness, the destruction of her exceptionalism, and the squandering of her prosperity.  It is up to us and like minded people throughout the land to seize on this gift and turn it to our advantage.

In my adult lifetime, America’s population has increased about 40%.  In that same time, the proportion of people dependent on, or working for government has increased by over 270%.  A whopping 30% of all Americans are currently either working for government or receiving some sort of assistance, transfer payment, or entitlement.

The currently employed labor force is about 45% of our total population.  Almost half of them pay no taxes whatsoever, so that further dilutes the number supporting the 30% to around 22.5%.  If you pay taxes, you are not only supporting yourself, but also more than one person on government programs or employment.  The imbalance of these numbers gets worse by the year.  It is the slow bleeding of our fiscal stability on the path to inevitable to economic suicide.

Obama and his cadre of hacks, elitists, sycophants, czars, camp followers, and assorted & sundry buffoons are ratcheting up every handout, entitlement, and subsidy they can to increase dependency on government.  These burgeoning government giveaways are no different than the farms, oil wells, factories, mills, and young men that were being swept into the maw of the Axis war machine. Each new handout buys strength for the Obama welfare state juggernaut.  Senator Jim DeMint stated that “A dependent voter is a dependable vote.” Obama is buying as many as he can with money as yet unearned by those yet unborn.

This is the path so disastrously trod before us by Greece, and being quickly followed by Italy, Spain, Portugal, Ireland, and Hungary.  Our future is unfolding before us in Europe this very minute.  The only preventative measure that will save us from a similar fate is to emasculate the Obama Administration in November with our votes. While we are at it, let’s broom out a few dozen Bush-era RINOs who don’t concern themselves with our future any more than the current regime.

Here is deficit spending compared to a cross country road trip.  It will give some perspective:

Now is the time for all good men to come to the aid of their country!

Just for clarification; that line did not come from the mouth of some famous leader back in history.  It originated as a typing class drill by a teacher named Charles E. Weller in about 1867.

Just the Facts

Here is Daniel Hannan, Member of the European Parliament chastising former Prime Minister Gordon Brown about deficit spending and borrowing. This exact same speech could and should be delivered in our own Congress, on the Sunday talk shows, and from every rooftop in America. Keep in mind that when Mr. Hannan mentions that every child in Britain is born owing “Twenty Thousand Pounds”; in America every child is born owing just shy of $400,000!

Our own Senator Murray and Representative Inslee are so wrapped around the axle with myopic liberal orthodoxy that neither of them would ever think of opposing the dangers of the nation’s present path toward future bankruptcy. Both ignore the past, are blind to the future, and concerned only with personal power. It is our job to elect replacements for them with Mr. Hannan’s common sense and courage. They are out there and running in the primaries this very moment and deserve our support.

This November General Election may well be the most important in our lifetimes. Don’t miss this opportunity to make a difference. Your little loved ones, too young to vote or yet unborn, are depending on you.

Devil to Pay

Greek citizens are angry because their government spent and promised too much, is broke, and has had to reduce wages, benefits, and pensions. Ironically, one of the requirements of the proposed EU and IMF bailout of Greece is that it privatize its single payer health care system!

Based on concerns that this situation could spread to several other European countries, the Euro is weakening and stock markets are falling. With the massive debt being rung up by our own government, could the dollar be next on the list?

In the US; local, county, state, and federal governments have vastly expanded regulation and ladled on layer upon layer of additional “services”. They have hired too many, promised too much, and spent themselves into a descending spiral of debt. High wages, big benefits packages, and generous pensions are quickly threatening to bankrupt many cities and states. Huge entitlement programs are fast approaching insolvency at the federal level.

What will the American people do when the rubber hits the road and all these promises cannot be kept? They were promised these programs and benefits in good faith, and are bound to be extremely angry when they find out their “services”, wages, and benefits will be reduced.

United Airlines pensions were trashed a few years ago. GM and Chrysler pensions are still paying out only because the US government is supporting the firms with TARP money. Social Security went into the red this year. Many states’ pension liabilities are underfunded and approaching critical breakdowns. College students are demonstrating against tuition increases. What will happen when California defaults on its pension liabilities? Will LA become “Athens West”?

If we do not address these looming problems immediately, we may be seeing serious unrest in our own cities. We must elect LEADERS with the principles, backbone, and ability to start adjusting these situations before the ax drops suddenly. We need office holders with the guts to look the American people in the eye and say “Enough!” If these unrealistic and underfunded programs are not scaled back, they will fail, and there will be the devil to pay.

The Greek government made the Faustian bargain of buying loyalty and labor peace by spending future revenues that would never materialize. The citizens are now being told they will get less free stuff, and they are violently reacting. Are the millions of Americans who are dependent on or expecting free stuff going to behave any differently when the gravy train grinds to a halt?

If you have children you care for in your life, now is the time to think of their future. Political business as usual should go into the dustbin of history. It depends on you and your vote to determine whether it will be a peaceful readjustment over time or a blind plunge over a fiscal cliff into conditions that will make the Great Depression look like a cakewalk. Preventing such a future will require most Americans to sacrifice some of the future benefits they are expecting – that goes for you and me. Can you face and handle the truth?

Don’t wake up some morning and see scenes like the above playing out in our major cities. Your country needs your attention, your love, and your vote at this approaching crossroads of history.

The Rallyer

There he stands with a woman about his age; he holding a sign, she an American flag. His apparent age reveals the fact that he probably grew up subject to the draft. If his hair is completely gray, he may have stormed the beach at Normandy in 1944 or suffered the freezing weeks at the Chosin Reservoirin ’50. A little less gray, he may have experienced Khe Sahn in ’68 or the heat of Iraq in ’91.

He probably worked hard all his life. Maybe he spent endless hours as a line haul truck driver. Perhaps he riveted aircraft wings for 40 years. He could be an engineer designing machines to improve our standard of living. There is a good chance he may be a doctor, accountant, manager, or mechanic. His life profession does not matter. His purpose here is to show his concern for the direction his beloved country seems to be headed.

He has served with and worked alongside others of all races and creeds and is not a bigot. He respects anyone with a work ethic and a spirit of self reliance. He believes in private and government support for those unfortunate enough to have been dealt the hand of disability. He has little understanding or patience for those who seek support to alleviate difficulties brought on by their own actions of lack thereof.

He was raised understanding that opportunity in America is boundless and limited only by the abilities and efforts of the individual. He paid his taxes, paid his bills, bought a home he could afford, saved some money, and raised children always believing that their future would be brighter than his. Now this belief has been shaken.

The many thousands he paid into Social Security were spent – never “saved” – and his kids will now be taxed to pay his benefits. The extravagant promises of Medicare appear to be slowly dissolving before his eyes, and whatever benefits he is to receive from that program will also be financed by his children. He is stunned by the trillions being added to the national debt for the purposes of propping up failing business models and retaining government workers.

The man is angry – angry at the spending with no apparent end or means to pay for it. Angry; at the certainty of higher taxes on the horizon. Angry; that the Administration and Congress wasted over a year on a health care fiasco instead of concentrating on the economy. Angry; at the dilution of US defenses and the de-emphasis on the opposition to terrorists. Angry at the shabby treatment of staunch allies like Israel, Columbia, Honduras, South Korea, and Poland. This paragraph could go on for many lines, but the point is made.

He is “angry” but does that make him “dangerous”?  No.  The man has probably seen more than his share of war and bloodshed.  He loves his country and its people far too much to even consider taking up arms.  He cherishes our Constitution and the protection of rights it enshrines.  He is exercising those rights at this very moment and quietly treasuring the fact that he can do so here while billions in other nations can not.

The Administration and its media sycophants fear this man, and with good reason.  His opinions are spreading across the land in opposition to the reckless policies mentioned above.  As the weeks pass toward Election Day, his quiet, courageous stand against the devolving of the American dream are being taken up by millions of like minded citizens. This man, with determination, dedication, sinew and guts helped defend and build this nation and he will not sit idly by and watch it rot from within. He is to be revered – not denigrated. We owe him our deepest gratitude for answering the call once again to preserve America and our way of life.

The only thanks this man desires is that you stand up and join him.

McKenna

Washington State Attorney General Rob McKenna represents the majority of American people who understand that a society supported by burgeoning entitlements is unsustainable. Our Constitution was written to protect us from the Government – not to allow it to control our private, personal decisions. His joining with 13 other State Attorneys General to challenge the constitutionality of  ObamaCare is much appreciated.

Present US national debt combined with the unfunded liabilities of Social Security, Medicare, and Medicaid is approximately $117 TRILLION – BEFORE adding the monstrous health care program. Over the years the federal government has piled up promises to pay that amount with no visible means of support to do so.

Just for comparative purposes, that much money would make 336 STACKS of $100 bills each of which would reach the International Space Station from the earth’s surface. A baby born today owes about $381,107 with its first breath as does every other living American. Democrats like to borrow from future generations or dragoon money from those who earn it and give it to those who don’t. Republicans often do the same in support of earmarks, subsidies, and anything they think will buy a few votes. Who will be holding the debt sack when the music stops and China quits funding our shortfalls? Hint: Many of them are not born yet.

The supporters of Health Care Reform insisted the program was deficit neutral. However if one were to take a sensible look at the broken promises of Social Security, Medicare, and Medicaid costs over time, a reasonable person could only expect the same future cost explosion with health care. The duplicity of double counting Medicare “savings” and separating out the $209 Billion “Doc Fix” are obvious to all who wish to see. Larding the bill with bribes and payoffs like the “Cornhusker Kickback” and “Louisiana Purchase” to assure passage stinks to high heaven.

My beloved little Goddaughter will be paying for this myopic foolishness long after we who squandered her future are gone. Our elected officials are present time oriented and refuse to consider history or contemplate the future. They exist in the here and now; caring only about what makes them feel good in the moment and what it takes to cling to office. Playing Robin Hood with other peoples’ money provides instant gratification along with votes. They care not a whit about the damage their inane spending and massive borrowing will eventually lead to.

Folks who choose to believe in this massive “entitlement” nonsense and support it are welcome to do so. However, please remember that the proverbial road to Hades is paved with good intentions. The European Union is desperately dealing with a half dozen member states that are drowning in debt largely caused by excessive entitlement spending. Present US programs are growing exponentially at the same time the number of workers paying in is shrinking relative to the recipient burden. Now we are told that 30 million more people can be insured basically at taxpayers’ expense and it will not increase the deficit? Perhaps the Tooth fairy may step in to assist.