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Posts Tagged ‘Government debt’

The Congressional Budget Debate Is Just a Sideshow by Ron Paul

March 18, 2013 Leave a comment

Federal spending once again dominated the debate in Washington last week, as House Republicans and Senate Democrats began work on their ten-year budget plans. Contrary to claims, neither party’s budget reduces spending. While the Republican plan increases spending a little less than the Democrat plan, it would still spend $5 trillion in 2023, an almost two trillion dollar increase over this year’s budget.

 

Ron Paul, member of the United States House of...

Ron Paul, member of the United States House of Representatives from Texas. (Photo credit: Wikipedia)

 

 

 

 

 

 

 

Of course, these projections of future budgets are meaningless, as a current Congress cannot bind a future one. Therefore, the projected spending for next year is the only part of the budget with any significance. So is there a great gulf between the two parties’ budgets for next year? No.

 

 

 

For fiscal year 2014, the Democrat budget proposes spending $3.7 trillion, while the “radical” Republican budget spends $3.5 trillion!

 

 

 

 

 

 

 

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Gunny G: Back To The articles of Confederation, Etc. (By: Ron Holland)

February 1, 2013 1 comment

Gunny G: Back To The articles of Confederation, Etc. (By: Ron Holland)

 

GyGRet

GyGRet (Photo credit: GunnyG1345)

 

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City Attorney of Bankrupt San Bernardino: ‘Lock Your Doors and Load Your Guns’

November 30, 2012 1 comment

City attorney of San Bernardino Jim Penman had the audacity to tell the truth to the residents of bankrupt San Bernardino at a recent city council meeting. Taking stock of the fact that San Bernardino’s murder rate has jumped 50 percent over the last year, that the city has been cutting its police force by about 80 officers, and that there is no good news in sight,

 

realobam

realobam (Photo credit: GunnyG1345)

 

Penman stated, “lock your doors and load your guns.” He stands by the statement today, explaining, “you should say what you mean and mean what you say.”Penman continued, “Let’s be honest, we don’t have enough police officers. We have too many criminals living in this city. We have had 45 murders this year…that’s far too high for a city of this size ….

 

gophum

gophum (Photo credit: GunnyG1345)

 

I’m not advocating that people go out, who don’t have any training, and buy firearms. I certainly strongly caution anyone who has children at home not to have a loaded gun in the house.”

 

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(See Reader Responses) ~ Is Cloward-Piven being successfully implemented?

October 1, 2012 1 comment

 

My understanding of the Cloward-Piven strategy is that in order to get everyone a guaranteed income and “end poverty”, you had to ‘overload” the US public welfaresystem and get as many people as possible on welfare, government handouts and the like.

 

takethngsawayfryou

takethngsawayfryou (Photo credit: GunnyG1345)

 

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Tax-Loving Conservatives by Gary North (“Conservatives Are the Enemy They love taxes, tariffs, and badge-and-gun coercion in general. “)

June 9, 2012 2 comments

This may sound odd. Conservatives don’t love taxes. They want lower taxes. Right? They want lower taxes and smaller government.

I wish that were true. It isn’t.

Oil on canvas portrait of Alexander Hamilton b...

Oil on canvas portrait of Alexander Hamilton by John Trumbull (Photo credit: Wikipedia)

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“The End Game: 2012 And 2013 Will Usher In The End” – The Scariest Presentation Ever?

June 2, 2012 Leave a comment

“The End Game: 2012 And 2013 Will Usher In The End” – The Scariest Presentation Ever?

/snip

•We don’t know exactly what is to come, but we can all join the very few dots from where we are now, to the collapse of the first major bank…

•With very limited room for government bailouts, we can very easily join the next dots from the first bank closure to the collapse of the whole European banking system, and then to the bankruptcy of the governments themselves.

•There are almost no brakes in the system to stop this, and almost no one realises the seriousness of the situation.

•The problem is not Government debt per se. The real problem is that the $70 trillion in G10 debt is the collateral for $700 trillion in derivatives…

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Impeach Them All

February 15, 2012 1 comment

The US Government continues actions that will result in its own demise. That might seem fitting, except that its failure will seriously harm the citizenry.Government decisions and actions have assured an economic collapse that will result in another depression. Federal debts and promises are too large to be honored, a conclusion based not on economics but on simple arithmetic.The government collapse will likely trigger the economic collapse, although the order could be reversed.

Arguably, we are already in a depression which has been disguised by juicing GDP via excessive government spending. This spending has been funded increased government debt in magnitudes never seen before. To put matters into perspective, by the end of President Obama’s first four years, he will have added more to the federal debt than all 43 Presidents who preceded him.

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“Me Offended?” – Part 7| The Post & Email

December 31, 2011 1 comment

…..There’s No National Debt; there is, however, The National Fleece

During the second nano-second, I’d wipe the slate clean and, guess what? Presto! No National Debt, as in “Zero Point Zero-zero.” This is how it works: the Fed charged us interest on our money, and it wasn’t their money; it’s OUR money, which used to represented wealth but today represents nothing but hot air, an empty promise.

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The People’s Money System ~ “COULD THE NATIONAL DEBT, AND ALL DEBTS, BE ELIMINATED? by Steven Wayne Pattison”| The Post & Email

December 27, 2011 2 comments

COULD THE NATIONAL DEBT, AND ALL DEBTS, BE ELIMINATED?

by Steven Wayne Pattison, ©2011, All Rights Reserved

Why is U.S. currency printed by the Federal Reserve Bank, a private company? Can a barter system work, and would Americans be better off with it?

(Dec. 27, 2011) — Marilyn M. Barnewall posted:

Because my career was banking, I have written much about the attack on America’s independent banks by a federal regime that apparently seeks global governance.

And Dr. Edwin Vieira, Jr., Ph.D., J.D. posted:

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Only 2% of Network Reports on Debt Ceiling Battle Mention Public Opposition to Increase

July 15, 2011 Leave a comment

The 2010 elections, which changed the balance of power in the House, were driven by popular opposition to government spending, debt and the threat of tax increases. Yet even with the federal debt limit already breached and only days left to prevent a national default, the media continue to ignore the public’s wishes.

The theme of network reports on the debt ceiling battle is that some agreement MUST be reached so that the limit can be increased, but many Americans disagree with raising the debt limit and are more concerned about government spending. But that has barely been mentioned in stories.

Polls taken by Gallup, CBS and AP have all registered significant worry about federal debt and opposition to an increase in the debt ceiling. But ABC, CBS and NBC coverage of the debt limit battle being waged on Capitol Hill has not reflected that fact.

The network’s willingness to ignore public opinion on the issue is shocking given the poll numbers

(Excerpt) Read more at newsbusters.org …

via Only 2% of Network Reports on Debt Ceiling Battle Mention Public Opposition to Increase.

‘Stay and Fight’: Is This Realistic? by Simon Black

June 19, 2011 Leave a comment

‘Stay and Fight’: Is This Realistic? by Simon Black

‘Stay and Fight’: Is This Realistic? by Simon Black:

“No fewer than ten NYPD storm troopers were ‘patrolling’ the sidewalk outside in full combat gear: Kevlar helmet, flak vest, semi-automatic 9mm sidearm, and Colt model 933 with M900 foregrip and M68 aimpoint.

A few of them had M203 variety grenade launchers fitting snugly underneath the barrel.

And to what did we owe the deployment of such unnecessary firepower? An invasion of the Canadian hordes? Terrorists on the loose? No. Some visiting politician… clearly an individual who feels important enough to merit an intimidating death squad in his vicinity.

via BLOGGER.GUNNY.G.1984(+): ‘Stay and Fight’: Is This Realistic? by Simon Black.

The “Battle for Our America” Series – Part One| The Post & Email

March 10, 2011 2 comments

“THE PATRIOTIC REVOLUTION…IS HAPPENING NOW”

by Maj. Gen. Paul E. Vallely (Ret.), ©2011

The American people are angry with its national leadership or lack thereof because of the many negatives that include an unemployment rate that is hovering around 9 percent, rising prices and the specter of inflation, over-reaching mandates, the national debt exceeding $14 trillion, increasing food, energy, commodity prices and, worst of all, Americans feel betrayed, lied to, and manipulated. By a large majority, we demand a tidal change, NOW. The people demand change that actually means something positive; change that returns America to her foundations and core values.

via The “Battle for Our America” Series – Part One| The Post & Email.

IT WILL NEVER CHANGE…Craig Maus

March 7, 2011 2 comments
csacommand@windstream.net
Dear Brethren (hundreds bcc herein),
Prior to last November’s elections, we Confederates told you that things would NOT change as a result of those elections.
We described the ‘two-party’ system of the Federal system as being ‘two wings of the same bird’ and equally, told you what to expect after the election.
We also told you that all we accomplished was buy ‘ourselves’ some time for what’s left of America.
The ‘one wing’ of the Federal system is the more powerful and more evil of the two- that being the DemonCrat wing while the other, its mentally inferior and wholesale stupid sibling- the ‘Republican/GOP’ wing, acts its fool in creating the foundation for its stronger partner.
Collectively, they have combined through perpetual ineptness a wholesale demagoguery made of innate corruption, constantly manipulated over time through deceit & chicanery, bringing us all to where we are today.
The Central State has obliterated any remnants of the former Republic and has replaced it, deliberately, with a self-serving two-party hegemony that underwrites its own life insurance & perpetuity through  the expense & at the hands of every American.
Despite the obvious will of the ‘People’, their system and their two party’s will continue to ignore our wishes and continue to proceed in doing what they want, how they want and when they want despite their ‘promises’ made as ‘candidates’ that always prove to be false & baseless.
It has become ALL that was envisioned by our Confederate ancestors when they decided 150 years ago that it was time to Separate!
Time has only proven them & us correct!
As ‘Rome’ continues to burn, the ‘Republican’ wing of this ‘bird’ is now back peddling, as was expected, from reducing the massive Federal debt that they helped to create when their ‘boy’ was in office.
They talk about a $30 billion dollar cut in Federal spending, as if that is going to make some sort of difference in this entire dilemma.

Obama Was Right About Debt In 2006

February 3, 2011 Leave a comment

Free RepublicBrowse · Search Pings · Mail News/ActivismTopics · Post ArticleSkip to comments.Obama Was Right About Debt In 2006IBD Editorials ^ | February 3, 2011 | STEVE STANEKPosted on Thursday, February 03, 2011 7:17:39 PM by Kaslin

 

In 2006 the U.S. government‘s national debt topped $8 trillion, and a senator from Illinois named Barack Obama called it a “sign of leadership failure.” He voted against raising the debt ceiling.In 2011, by contrast, a U.S. president from Illinois named Barack Obama looks at a national debt that tops $14 trillion and does not see it as a sign of leadership failure.Instead he characterizes it as necessary to the nation’s economic health. He’s currently jawboning lawmakers to let the federal government make the national debt even bigger.Today the debt is nearly as big as the nation’s entire gross domestic product. If we took every penny produced by every business and individual in the nation for the entire year, we’d barely pay it off.The president and his minions warn there will be an economic calamity if the government does not have unfettered access to our future earnings.”If we hit the debt ceiling, that’s essentially defaulting on our obligations, which is totally unprecedented in American history,” warned the president’s chief economic advisor, Austan Goolsbee, as if the only alternatives were to raise the debt ceiling or default.There’s another alternative: Hold spending in check.Excerpt Read more at investors.com …

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The Television Commercial About The National Debt That Is Being Banned By Major Networks

November 2, 2010 Leave a comment

The Television Commercial About The National Debt That Is Being Banned By Major Networks

Posted By admin On November 2, 2010 @ 5:05 am In Featured Stories | 2 Comments

The American Dream [1]
Nov 2, 2010

A new television ad about the U.S. national debt produced by Citizens Against Government Waste has been deemed “too controversial” by major networks including ABC, A&E and The History Channel and will not be shown on those channels. The commercial is a homage to a 1986 ad that was entitled “The Deficit Trials” that was also banned by the major networks.  Apparently telling the truth about the national debt is a little too “hot” for the major networks to handle.  But perhaps it is time to tell the American people the truth.  In 1986, the U.S. national debt was around 2 trillion dollars.  Today, it is rapidly approaching 14 trillion dollars. The American Dream is being ripped apart right in front of our eyes, but apparently some of the major networks don’t want the American people to really understand what is going on.

The truth is that the ad does not even have anything in it that should be offensive. The commercial is set in the year 2030, and the main character is a Chinese professor that is seen lecturing his students on the fall of great empires. As images of the United States are shown on a screen behind him, the Chinese professor tells his students the following about the behavior of great empires: “They all make the same mistakes. Turning their backs on the principles that made them great. America tried to spend and tax itself out of a great recession. Enormous so-called “stimulus” spending, massive changes to health care, government takeover of private industries, and crushing debt.”

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