It’s the spending stupid!!!
October 10, 2008 · Print This Article
Everyone is standing around wondering why the Dow is diving, I thought it was supposed to be better now that we passed the bailout. Nope because the bailout doesn’t help Wall St, it doesn’t help small investors, it doesn’t help people on main street. The only people helped by the bailout were the libs in congress and the Republicans who were too weak to say NO. The Libs (Barney Frank, Chris Dodd, etc) refused to heed the warnings and embrace the oversight of Freddie and Fannie back in 2003 when the President tried to fix it. Barney was actually quoted as saying that he doesn’t see a problem with it.
No this bailout was simply to cover the tracks for officials tied to the Clinton Administration who profited from this, and to cover for another failed liberal idea of having government give houses to people that had no ability to pay for them. Even after all that though we still couldn’t get this passed without a whole lot of pork that isn’t needed.
This is no longer about the two party system, this is about a two ideology system. The ideology of liberalism and big government taking over everything, and the ideology of conservatism that is less government, lower taxes (on everyone), preserving freedom. The democratic party is now defined by its socialists, the communists run that party now, that’s fine but the problem is that Republicans have become defined as weak. Yes there are a few conservatives that stood up and said no, and that is great but will they be allowed to run the party? I doubt it. Next time you talk to your republican congressman or senator ask them if they are conservative, if they answer yes which the undoubtedly will then ask them what they think that means. I doubt they will talk about lower spending, less government intrusion, lower taxes, preserving freedom through a strong military. You will here words like compromise, working together, things like that.
Ask them to name one program in the federal budget that actually spent less money than the year before. They won’t be able to because it hasn’t happened in at least 30 years. I am talking about real cuts, not reductions in rates of growth like what libs think a cut is. Nope we as a society and as a voting public have some unpopular decisions to make in the next several years. We need to wean our selves off the government dependency train. We need to reduce the number of people getting checks from the government. We need to cut the federal work force by at least 25% if not 50%. We must eliminate 50% of the departments and garbage in the federal government. We must begin to push things like education, emergency services, and about 50% of everything else the federal government does back down to the states where the constitution says it should be in the first place.
The federal government needs to get out of the business of regulating everything the private sector does, free markets work but only when they are free of bureaucratic interference. The federal government is responsible for defending out borders. They must start doing that, states can and should be able to deport illegal aliens they catch but securing the border is primary focus 1 for the federal government.
A strong national defense is prescribed by the constitution. The commander of the military is the President. Period, no debate, the constitution is very clear about this. Congress’ role in military matters is simply funding only, they don’t get to be generals that tell the President how to manage the military, they don’t get to decide on what weapons the military uses, they are limited to funding the military.
Common Currency is also one of the roles of the federal government. This is fine, even a high level federal banking system is fine but the constitution doesn’t provide for the Treasury Secretary and the Chairman of the federal bank the power to be lord and master of all monetary structure and banking for the entire country. It is not government’s job to tell banks who they can loan to and who they can’t, and it’s not the governments job to bailout investors who make bad loans. That’s called risk. Depositors can be insured for money they deposit up to an established level and that’s fine but there is a difference between depositing your money in a bank and buying stock in a bank.
We have to start cutting spending at least 5% per year and eliminating departments for the next ten years at least if we’re to survive as a representative republic!





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