One Reason Fixing The Government Debt Is So Impossible...

The Looking Spoon ^ | 7-29-11 | Jared H. McAndersen

[The Looking Spoon]

Let's keep this really simple...

[MHGinTN]

IBTBPA (in before the blogpimp alert) ... kool Tees, BTW.

[kingu]

Cute. But wrong. (R)ino is the true problem. No Teacher Left Behind, Drugs For Free, TARP, seizure of private enterprise - that was all Bush. Yes, the (D)’s went on a spree, but we had already committed through our (R)inos spending far in excess of the budget, and opened the door for the (D)s to expand it even further.

The true cause of government debt: They don't treat tax money (or taxpayer liabilities like debt) as being real money. It's pretend vote buying money, and while it'd be easy to say both parties are equally responsible, the truth is that its an ever expanding liberalism within the Republican party that is constantly enabling it.

Every single congressman who's trying to hold the line now voted to spend 1.5 trillion dollars we didn't have not just once, but twice, through these idiotic continuing resolutions. The little chips we've gotten as part of all of this isn't even a . on the overspending scale.

Our Tea Party representatives need to be blunt and block any funding for useless agencies and programs. They can't operate without congress giving them a budget. And one house can shut down the entire government if need be over the issue, and they should. This can't continue anymore.

Not raising the debt limit is a bandaid after the self inflicted wound. Demand a real budget, demand a real financial plan, and above all, limit the budget deficit - and if you're limiting it to one 1/15th of the GDP, you're not limiting it at all. Worse is the present plan which is 12% of each and every transaction done in the US. That's unsustainable.

[The Looking Spoon]

Thank you for the kind words about the shirts, I’m always coming up with new ones so check it out from time to time (I may do something with this piece, but modify it to make it more timeless).

[The Looking Spoon]

I don’t thing we disagree on much, but you can’t have RINO’s without the source of their squishiness....which is the Democrats.

So maybe we could agree Dems are the “root” cause?

:-)

[YankeeReb]

[kingu]

Would I consider Orson Scott Card the root cause? He's a Democrat. I consider liberalism as the root cause, a disease that infected the democrats first, and has been working it's way ever deeper into the Republican party as well.

(R)udy Mc(R)omney. Need more be said?

[YHAOS]

OK . . . real simple.

If Congress passes legislation allowing the Administration to spend more money the American People don't have, the Administration will spend more money the American People don't have.

[Sundog]

If what you say is true, how does the Fed get 16 trillion dollars to loan to world banks from South Korea to Scotland?

http://hotair.com/archives/2011/07/22/fed-audit-16-trillion-in-loans-to-banks-in-less-than-three-years/

Why doesn’t the Fed take over the U.S. debt position and charge zero percent for the favor?

Why do we even pay taxes?

[RoadTest]

Yeah. The New World Order’s elite rulers have bought and paid for both parties. They kindly let us play the NFL-type Republicans-vs.-Democrat game. They think we like it.

[YHAOS]

"If what you say is true, how does the Fed get 16 trillion dollars to loan to world banks from South Korea to Scotland?"

Accounting gimmicks. Book keeping transactions. We didn't load up $16T in greenbacks on airplanes and fly them to South Korea, Scotland, etc.

I heard about that Fed audit too. Interesting isn't it.