5 Things to Question About Debt Deal

Yes, the Tea Party movement influenced what went on in Washington.  No, the Tea Party is not the winner.  (No one won.)

No, this debt deal won’t guide the government off the road toward bankruptcy.  Here’s why.

1.  No Entitlement Fix:  In fact, it appears that entitlements aren’t touched.  Entitlements are the nation’s spending problem.  Not roads and bridges, not the military.  Entitlements. Until we arrest and reverse growth in Social Security, Medicare, and Medicaid, we’re spitting in the ocean.

2.  Military Spending Won’t Be Cut:  Remember the “peace dividend” after the Berlin Wall fell?  Then Saddam invaded Iraq.  Obama and the Dems know damn well that Republicans will forgive them for ignoring planned military cuts as soon as some threat appears on the horizon.  And there’s always a threat.  These cuts, if implemented, will be quickly reversed.

3.  Cuts Are Someone Else’s Problem:  The cuts don’t start until we have a new Congress and a new President. That’s asking a future generation to fix yesterday’s problems.  That’s cowardice and irresponsibility.  And it’s perfectly Establishment. 

4.  Won’t Save Credit Rating (Unless Moody’s Was Lying):  Moody’s reported on Friday that none of the proposed bills would solve the nation’s long-term debt problem.  If we’re going to lose AAA, why not use that trauma as the impetus for real financial reform?  Instead, we’re kicking the can down the road to save the President and Establishment Republicans.

5.  Favors the Establishment:  Most importantly, this bill demonstrates the problem with Establishment politicians: they’re first duty (they believe) is to their next election.  Boehner abandoned his party’s principled members and crafted a deal to win over some Democrats.  That might protect him and Obama.  The taxpayer—especially Millennials and younger—get screwed.

Question the Establishment, kids.  It is not your friend.

Jefferson on Debt

With the debt ceiling negotiations closing in, it’s worth looking to Thomas Jefferson. ThomasJefferson250

Jefferson was very opposed to federal government borrowing.  (He was less concerned with states borrowing.)  What I love about the quote below is Jefferson’s concern for leisure time. 

"To preserve [the] independence [of the people,] we must not let our rulers load us with perpetual debt. We must make our election between economy and liberty, or profusion and servitude. If we run into such debts as that we must be taxed in our meat and in our drink, in our necessaries and our comforts, in our labors and our amusements, for our callings and our creeds, as the people of England are, our people, like them, must come to labor sixteen hours in the twenty-four, give the earnings of fifteen of these to the government for their debts and daily expenses, and the sixteenth being insufficient to afford us bread, we must live, as they now do, on oatmeal and potatoes, have no time to think, no means of calling the mismanagers to account, but be glad to obtain subsistence by hiring ourselves to rivet their chains on the necks of our fellow-sufferers . [emphasis added]"

--Thomas Jefferson to Samuel Kercheval, 1816. ME 15:39

Pay a mortgage? Have student loans? Make a car payment?  Then you might know what Jefferson was talking about.  Debt limits your freedom. You work to pay off the debt, not to live a better life. While you might be perfectly happy selling sea shells you hunted and painted by hand, you cannot. You must work for the man to earn the wage to repay the debts.

These obligations, of course, are your own. If you feel trapped by debt, you trapped yourself.

Government debt, however, enslaves us just as surely. Yet we had little choice in the matter. In many cases, we opposed the borrowing that now forces us to labor.  Our children were born into this financial slavery, and their children will be. 

Free the children.

Rah Rah Roy Blunt

Roy Blunt has not given an inch in the battle over the debt ceiling. He deserves high praise for his resolve. During the 2010 Republican primary, many on the right questioned Blunt's fiscal conservative credentials.  As a member of the House, Blunt had helped craft some and pass unpopular spending bills, including TARP.  On the issue of debt and responsibility, though, he shows no sign of cracking.

Government debt is the defining issue of our time, perhaps of the American experiment. As Congressman Todd Akin warns, the consequences of kicking the can down the road could be as devastating as the Civil War.

I personally thank Senator Blunt and his fellow Republicans for treating this grave issue with the seriousness it deserves.  We are quick to attack when a politician disappoints, but are we willing to applaud when t hey do right?

Please drop Senator Blunt an emailthanking him for his courage and asking to remaining vigilant in this fight for our future. He's under attack from the communists, and he deserves our support.

I just left a voice mail for Senator Blunt. Please contact him via phone, fax, or email. And leave a comment below or on Twitter when you're done.

Washington, D.C. Office

Senator Roy Blunt 260 Russell Senate Office Building Washington, DC 20510 Phone: (202) 224-5721 Fax: (202) 224-8149

twitter: @royblunt

 

Who’s Fit?

Take a look at Drudge. I’ll wait. The day doesn’t really matter.  It’s always full of stuff that makes you think rivets are flying out of the planet like a jalopy in a cartoon.

  • Two girls beat another girl into convulsions over the course of eight minutes while cowardly young men quiver in fear.  (But an old lady steps in and protects the victim.)
  • Syrian security opens fire on demonstrators killing 90.  (But it’s Good Friday.)
  • U.S. Dollar collapses as fear of government debt makes everything American worth less. (But Greece and other European countries even worse.)
  • Japan warns that earthquake aftermath could cause them a double dip.
  • U.S. spending could hit debt ceiling in a week.

These are everyday headlines from an abnormal time. Times as odd as a football bat.

Abnormal Times Breed Abnormal Leaders

The next president or two cannot be ordinary.  As much as we like the underdog and plain, common sense, everyman, there are times when Providence and history conspire to demand a GIANT of a person.

The Depression and World War II would have crush Truman.  Not that Roosevelt’s policies were right, but his stature was.  he was a giant.

Winston Churchill was a giant.

We’re in another era that calls for giants. At least one—one in every country that hopes to survive.

France had no giants in the 1930s.  Nor did Poland or Austria, Czechoslovakia, Hungary, on and on.  The countries without giants fell to monsters.

The World Thirsts for Leaders

You know the difference between the Depression-WWII era and now?

All the giants of that era are dead.  So are most of the people were young then, the ones who fed their families during the Depression, then conquered the monsters in the war.  They’re mostly gone. And those that remain are too old to fight.

The Baby Boomers are the age that Roosevelt was during the last crisis era Gen X is Truman’s age, Eisenhower’s, Patton’s, and Bradley’s.  Gen Y will become the heroes of this era when the history’s written 40 years from now.

But if we don’t get some national GIANTS, who knows what language that history will be written in.

Is Trump the Giant?

trumpI’m not saying Trump’s my first choice. Nor will I pretend I believe he’s an ideological Tea Partier.  I bet he can’t tell you how many Constitutional Amendments there are.  I bet he’s not conversant about Article I Section 8, nor about the 9th and 10th Amendments.  I’d be surprised to learn that he knows the issue in Wickard v. Filburn.  Has he read The Federalist?

As dear and important as those things are to us in the Tea Party movement, I’m not sure how important they’ll be in the next four years.  I’m not sure how important anything we’re talking about today will be four years from now.

The United States on the verge of defaulting on its loans.  U.S. Treasuries are on the verge of being dumped.  The U.S. Dollar’s value is plummeting.  The Fed holds $trillions and doesn’t know what to do with it. George Soros is pushing to issue his own international currency.

The U.S. economic system is about to collapse under 70 years of illegal government activity funded with irresponsible, Ponzi scheme borrowing.

The next president better be Churchill and Reagan, Lincoln and Washington rolled into one.

Stardom and Chutzpah

In modern America, two qualities are indispensible for national leaders: stardom and chutzpah. That’s just be accepted. Those qualities alone are no guarantee of success.

Success requires strength, decisiveness, and a bit of national pride.  These are the qualities Obama lacks.

I see only two potential candidates with all of these qualities:  Sarah Palin and Donald Trump.

That disturbs a lot of people. Left, right, and center.

Can you name another giant personality with the will and resources to challenge for the world’s highest office?

P.S.  If you haven't read this post, please do.