Been a while since my last post but I’ve been following this debt ceiling/budget/tax revenue debacle and wanted to throw some items out there.
Obama said he was not sure if Social Security checks would go out if we didn’t raise the debt limit, right? First, isn’t Social Security supposed to be a trust fund? The way it’s supposed to work is the money gets taken out of your check, put in a trust fund and then when you retire you collect. Oh that’s right, our federal government has raided the trust fund to pay for everything else. So much for the “lock-box”. Secondly, we’ve heard the Democrats say over and over again that Social Security is sound. If that’s true, why would there be any problem with Social Security checks if we don’t raise the debt ceiling? That’s the problem with telling so many lies. Eventually you can’t keep them all straight.
I’ve also seen the attack ads on Paul Ryan’s budget plan saying that granny would be pushed over a cliff in her wheel chair. First, see the above. Secondly, Ryan’s plan would only affect people who are still 10 years away from retirement. Nobody currently drawing would see any changes, at all.
Moody’s is the big ratings agency that has put the U.S. on watch for a possible downgrade, which would dramatically increase the interest we would have to pay on our debt, causing even more deficit. Is this the same Moody’s that gave Behr-Stearns, Lehman Brothers, Fannie-Mae, Freddie-Mac and virtually every mortgage derivative scam out there a triple aaa rating right up until the financial melt-down of 2008? Just asking.
The monied, political, elite ruling class is doing nothing but covering there ass. We the people need to cut them off and force them to control spending. Not that I’m a huge fan, but Ron Paul made a great point on the House floor the other day. About $1.5 trillion of our debt is held by the Federal Reserve because of the QE1 and QE2, the programs wherein the Fed bought up treasury notes by basically just printing enough money to do it. Keep in mind the Fed is just a bunch of private bankers. Paul’s solution was to write that debt off. Call it even with the Fed and start from scratch. Maybe to simplistic, but not a bad idea, huh?
Democrats know beyond all doubt that Social Security and Medicare must be reformed to remain solvent for future generations. But they’ve ignored that fact since Obama got elected and instead focused on creating yet another unfunded soon to be insolvent entitlement, Obamacare. We just don’t have enough “evil” rich people to tax. Even with a massive tax increase on all of us we still won’t come close to living up to the financial commitments in Social Security, Medicare, Obamacare and our debt obligations.
The fraud being perpetrated by the Democrats on America is, they don’t want a leaner more efficient government. If they did why not support a balance budget amendment. 74% of the nation wants it. The other 23% are Democrats.
republicans bear the most responsibility for america’s national debt (reagan tripled the debt and bush 2 doubled it).
republicans bear the most responsibility for america’s deficit (the three main contributers to the deficit are the 2 bush tax cuts, wars in iraq and afghanistan and the prescription drug plan…all unpaid).
republicans are refusing to raise the debt ceiling in the house without huge cuts even though many of the them voted numerous time before to raise the debt ceiling.
republicans are not putting everything on the table which is needed in negotiations. obama put social security and medicare in play. republicans are not negotiating in good faith and many of them do not understand the meaning of the debt ceiling.
but yet through all those points, people still blame liberals. and they get away with it. if the media would call out republicans for their rank and file hypocrasy when it comes to debt, then things might be different. but the media is failing.
republicans cannot cause the debt and deficit that we are facing and then in the same breath make democrats clean it up. where were all of these deficit hawks when bush was running up the debt? where were the tea party events when the clinton surplus was turned into a deficit? if those people truely cared about the debt, they would have been far more vocal over the past 10 years. but bring in a democrat to the presidency and all of a sudden republicans care.
its not about the debt. its about pure partisianship with no regard for america. that is why the tea party is dangerous to the country. they don’t care about the voters or elections or what harm they could bring to america. and on top of that, they’re completely uninformed and angry. they aren’t patriots, they’re treasonous.