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The Ryan Budget-Just Moving Around the Cushions of the Titanic's Deck Chairs--03-26-2012
The Financial Survival Network ^ | 03/26/2012 | Kerry Lutz

Posted on 03/26/2012 12:27:00 PM PDT by appeal2

Wisconsin Congressman Paul Ryan released his budget last week. At first blush, it appeared to be a substantial move in the right direction. It cut spending while decreasing taxation. But the reality is that his budget completely misses the mark. It is still a redistributionist plan that forcibly takes money from the producers and almost as lavishly bestows it upon the beneficiaries. This budget takes less and consequently gives less. In the final analysis, the budget doesn't go nearly far enough to help restore confidence in the rapidly deteriorating status quo.

A fiat currency that can be created by the click of a mouse is what facilitates the ever expanding scope of government and the quickly evaporating purchase power of the once almighty dollar. The results of these policies can lead to nothing but global financial collapse, and we can already see the storm clouds on the horizon. Enslaving the current and future generations with debt is a surefire recipe for lower standards of living and a declining culture. One can only try to be prepared for the inevitable chaos.

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TOPICS: Chit/Chat; Conspiracy; Government; Politics
KEYWORDS: gold; kerrylutz; silver; triplelutzreport

1 posted on 03/26/2012 12:27:10 PM PDT by appeal2
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To: appeal2

# 2013 United States federal budget - $3.8 trillion (submitted 2012 by Former US Senator Obama)
# 2012 United States federal budget - $3.7 trillion (submitted 2011 by Former US Senator Obama)
# 2011 United States federal budget - $3.8 trillion (submitted 2010 by Former US Senator Obama)
# 2010 United States federal budget - $3.6 trillion (submitted 2009 by Former US Senator Obama)
# 2009 United States federal budget - $3.1 trillion (submitted 2008 by President Bush)
# 2008 United States federal budget - $2.9 trillion (submitted 2007 by President Bush)
# 2007 United States federal budget - $2.8 trillion (submitted 2006 by President Bush)
# 2006 United States federal budget - $2.7 trillion (submitted 2005 by President Bush)
# 2005 United States federal budget - $2.4 trillion (submitted 2004 by President Bush)
# 2004 United States federal budget - $2.3 trillion (submitted 2003 by President Bush)
# 2003 United States federal budget - $2.2 trillion (submitted 2002 by President Bush)
# 2002 United States federal budget - $2.0 trillion (submitted 2001 by President Bush)
# 2001 United States federal budget - $1.9 trillion (submitted 2000 by President Clinton)
# 2000 United States federal budget - $1.8 trillion (submitted 1999 by President Clinton)

Personally, I’d like to use the 2001 Clinton budget as a baseline. We have to pay interest on the debt that we permitted Bush and Obama to run up. We have to pay inflation-adjusted social security and retirement benefits and the agreed pay scales for federal workers (although we can and should cut the number of federal workers over the next few years, perhaps at half the rate of attrition - allow agencies to hire one person for every two that leave unless Congress specifically approves an exception based on a demonstrated need that justifies adding to the debt burden on the next generation). We have to pay for military systems in the pipeline to protect our country (unless we decide to cancel some of them). Otherwise, any new or increased spending since 2001 should be debated from the perspective of whether it is worth putting our children and grandchildren deeper in debt for that particular boondoggle to reward political donors. In almost all cases, including ObamaCare, the answer is “NO!”


2 posted on 03/26/2012 12:39:04 PM PDT by Pollster1 (Can we afford as much government as welfare-addicted voters demand?)
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To: Pollster1

The first 5 months of the US Gov’t fiscal year, the Federal Gov’t has borrowed more than it has rec’d in taxes.

It means the USA is borrowing over 50% of what it spends!

How can that last?


3 posted on 03/26/2012 12:42:53 PM PDT by PGR88
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To: appeal2

Be careful posting this on FR. I was attacked repeatedly back in May when Paul Ryan first released his Heritage Foundation scam report of a budget proposal...
http://www.freerepublic.com/focus/f-news/2705340/posts

Amongst freepers there is a large contingent of people who are “pro-military” who have no idea about any line items in the DoD budget... it’s like arguing with a wall of ignorance.

You’ll also find the “Don’t tax you, Don’t tax me, tax the man behind the tree” contingent.

Paul Ryan is OWNED by JPMorgan and the NYFED Board of Governors. Any mercy or benevolence granted by Ryan’s politicking upon the average taxpayer is a purely coincidental tangent to his representation of the banking industry’s wants and needs.
I mean owned, not just rented like most other politicians in the country.


4 posted on 03/26/2012 1:19:34 PM PDT by JerseyHighlander
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To: Pollster1
Personally, I’d like to use the 2001 Clinton budget as a baseline.

Adjusted for inflation, right? And factoring in a war, too...

Right?

While we're at it... Clinton didn't have a Department of Homeland Security. I'd be very happy to end *THAT* department, along with others. That said, I ain't in charge. So that's got to be paid for, too.

Too many of our own seem to think the same as the Obamanuts... that s$!t's free.

And it ain't. If you don't want to pay for something, *GET RID OF IT*. Don't demand the same amount and expect to not pay for it.

As military, I'd be happy to give you Clinton-level defense, for Clinton-level pay, providing that it bought the same as it did back then. The thought of not having to deploy every other year would warm my heart.

5 posted on 03/26/2012 3:27:14 PM PDT by gogogodzilla (Live free or die!)
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To: gogogodzilla
Adjusted for inflation, right? And factoring in a war, too... If you don't want to pay for something, *GET RID OF IT*. Don't demand the same amount and expect to not pay for it.

That is the point - a Clinton-level government, adjusted for inflation, with only those additional items that can pass as line items with an up or down vote on that single expenditure. If it's not worth having, I don't want to have it or pay for it.

6 posted on 03/26/2012 4:10:12 PM PDT by Pollster1 (Can we afford as much government as welfare-addicted voters demand?)
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