Posted on 01/05/2013 3:30:58 AM PST by Reaganite Republican
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Good points. I could add some more. Be that as it may, I won’t here in open forum, but face it, the concept is increasingly on many patriot’s minds no doubt. Millions by now in fact. This is more than incompetence, but encompasses treason with malicious knowledge and aforethought. What are we supposed to do? Just passively take it up the tailpipe and surrender 236 years of liberty without a fight?
Light a fire...
Surprised a dollar crash hasnt happened yet but its coming now that John Boehners in bed with this vile regime.
If the Euro wasn’t a basket case the dollar would have crashed 2 years ago.
Nope. People will want their "free stuff" and will be voting for the party that they believe will give it to them, regardless if they can provide it.
It’s funny, even when I read Levin’s words, I can *hear* his passion, his intonation as when he speaks.
Nope. People will want their “free stuff” and will be voting for the party that they believe will give it to them, regardless if they can provide it.
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Arguably, if the economy is worse next year (2014) then people will want even MORE “free stuff”, regardless of whether it’s fiscally plausible or not. And naturally, people will vote for the party (or politicians) who will provide it for them.
The focus should be on cutting spending. The more we talk about taxes, the more we distract people from the spending issues. Taxing is what Obama wants to talk about.
Which is why I think we've passed the point of no return.
When the system crashes, the handouts will go away, and we will return to the natural order of voluntary exchange, i.e., free markets, whether we like it or not.
I think this country must alter the US Constitution to require the federal government to operate on a balanced budget (illegal for expenditures to exceed revenues).
It is highly doubtful that Congress will EVER find the self-discipline to get this nation’s economic house in order without such an amendment to the constitution.
The wording of the amendment could allow for a temporary exception in case of national emergency/full-scale war, only if approved by 3/4 majority vote of both houses of Congress.
Since Congress would never offer up such an amendment, it would be necessary for it to be done at the state legislative level. It would take 34 states to force Congress to call a national convention, and states could limit what could be considered in the Convention, effectively limiting it to the balanced budget language only.
Attempts to do just such a thing were made in the late ‘70s and early ‘80s and would need to be revived again, this time hopefully being successful because of the calamitous economic precipice facing this nation.
In the earlier attempt, 32 states had submitted an application to Congress for a convention to consider a balanced budget amendment, but it lost momentum when Congress passed the Balanced Budget and Emergency Deficit Control Act, known as the Gramm-Rudman Hollings Act, which required that the budget be balanced by 1991. Obviously, that act of congress was flawed in that it didn’t do what the states had wanted...require a balanced budget.
See http://www.law.harvard.edu/students/orgs/jlpp/Vol30_No3_Rogersonline.pdf for an article with relevant background of the amendment process from an historical perspective.
“If the Euro wasnt a basket case the dollar would have crashed 2 years ago.”
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I have often thought this Mike...
I have often thought this Mike...
The Gerard Depardieu’s of Europe had to diversify their holdings somewhere. So it was either in Swiss Frank denominations or US Dollar holdings/stocks.
Of course they can just as quickly move out of the dollar as quickly as they moved in...
They will not let that happen. They are coming for our guns in 2013, because they are coming for our gold and stash in 2014. They know that hard assets will be prized commodities when hyperinflation hits due to their monetary cronyism. They also want to continue their RINO/DINO Oligarchial control of the US Presidency, US Senate, US Supreme Court and now the US House Boner. So they need to disarm us before the loss of our democracy and representative republic is painfully obvious to the majority. That is where all of this is headed.
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