Showing posts with label Federal Debt. Show all posts
Showing posts with label Federal Debt. Show all posts

Saturday, September 19, 2020

What Democrats Want, Day 45, Countdown to Oblivion? DEBT.

 


As of today, there are 45 days until the most consequential election in American history. This is what they say about many past elections, but this is really it. For if the Democrats seize power – control of the U.S. House, the U.S. Senate and the Presidency – and doing it by hook or by crook (the justifies the means, you know) America as we know it will be forever changed. America envisioned and created by the Founding Fathers will disappear into the shadows of history.

The ungodly secular-humanists/Marxists slow march through America’s institutions over the last 100 years or so will have reached a crescendo – fulfilling Mr. Obama’s fundamental transformation of America. Never again will the demonic Democratic Party relinquish its grip on political power and control of the masses.

Envision with me what a Socialist Democratic Party, takeover, a bloodless coup, a regime change, would look like. This is one in a series of daily articles leading up to the 2020 General Election

 

BOTH major political parties have done virtually nothing about our Debt except to continue to raise it. The Republicans say they are concerned about it but do nothing. The Democrats pretend that it doesn’t exist and ignore it.

 

Definitions

 

The ThoughtCo.com provided the following  basic definitions for the national debt and the national deficit.

 

National Debt

 

“Simply put, national debt is the total amount of debt a federal government has borrowed and, therefore, owes to creditors or back to itself. National debt is a very important element of a country's financial system.”

National Deficit

 

"The federal or national deficit refers to the difference between the government's receipts, or revenues the government takes in, and its outlays, or the money it spends. This difference between receipts and outlays can either be positive, indicating that the government took in more than it spent (at which point the difference would be labeled a surplus rather than a deficit) or negative, which reveals a deficit. The national deficit is officially calculated at the end of the fiscal year. When outlays outnumber revenues in value, the government must borrow money to make up the difference. One of the ways the government borrows money to fund the deficit is by issuing Treasury securities and savings bonds."

 

Current National Debt

 

According to the National Debt Clock the National Debt at the time of this writing was:

 

$26,795,550,000,000

 

Current National (or Federal) Deficit

 

Fox News reported that the federal deficit was $984,000,000 for fiscal year 2019.

 

A recent MarketWatch.com article title read, “U.S.’s annual budget deficit tops $3 trillion for the first time ever after coronavirus relief.” The National Deficit for the current fiscal year (FY2020) which ends in September will be triple what it was last year (FY2019).

 

It seems that only the 40 or so member conservative Freedom Caucus in the U.S. House is the sole entity in Congress that is concerned about the rising debt and deficits. The call for logically cutting the budget in other areas to pay for increased emergency expenditures. But neither the Republicans and especially not the Democrats want to touch their favorite expenditures or make the necessary hard choices of where to cut spending.

 

Cut the Fat

 

There is so much waste throughout government in both labor and expenditures. The bad spending practices throughout government along with deep state resistance make it tough to identify and stop. Just one example cited by Mr. Trump in his Constitution Day speech at the National Archives was the anti-American training “Critical Race Theory” provided within most if not all Departments must first be investigated and then stopped. How many of such wasteful, even hurtful programs are being paid for by taxpayers?

 

What Ifs …

To have any chance at curbing the overspending and misspending at all President Trump must be re-elected. To further aid him, Republican majorities in both the U.S. House and Senate are needed.   Even then least it will be difficult to deal with the bloated bureaucracy throughout the government.  

 

If the Democratic Party wins the Presidency, retains the House and wins the Senate, you can kiss any fiscal restraint goodbye and say hello to more debt across the board. Democrats will spend, spend, spend. You can be sure that the Democrats will raise taxes, increase spending and move the country closer and closer to bankruptcy seeking their imaginary socialist utopia.

 

The choice is clear in November when it comes to who would do a better job regarding restraining and dealing with the debt.

Sunday, October 28, 2012

Five Reasons to Vote NObama NOw or in November


I have some very serious reservations regarding Governor Mitt Romney. This election season we are faced with two very sorry, poor, less than optimal choices for President of the United States. However, there is one of the two candidates who is absolutely unacceptable. Janet Porter's video below clearly describes why I will be voting NObama in November! I will not like it, but I will mark the ballot for Governor Romney.

 
The top five reasons Barack Obama should not be re-elected as President include:
·         Life - There is no question of where President Obama stands. He even believes in partial abortion. He voted three times against the Born-Alive Infant Protection Act. He turned his back on the will of the people and forced abortion to be included in ObamaCare. ObamaCare creates the Death Panel, who will prescribe what treatment Americans may or may not

·        Marriage Corruption – Obama believes that same-sex couples should be able to get “married.” Chick-filet values are not Chicago values – Rahm Emanuel, and thank God they are not!

·         Israel – Obama could not meet with the Prime Minister of Israel, he was just too busy with David Letterman…

·         Freedom – What did Obama do when Islamist Jihadists murdered our Ambassador? He spent $100,000 for ads apologizing for the video, which they said caused the “protest.”

·         America – 46 million Americans are on food stamps, a 70% increase from 2007.

Two more reasons include:
Amnesty – Obama champions open borders and the Dream Act. He continues not to enforce immigration laws.
Massive Debt and Deficits – The Obama administration has undertaken unrestrained spending without living within a budget. What budget?  The Democrat controlled Senate has not approved a budget in nearly three years.
 

Sunday, May 20, 2012

A Shameful Senate Scorecard: 1,100+ Days Without a Budget

Hat tip goes to U.S. Senator John Cornyn from Texas who points out the need for our Federal Government to go on a diet to curb its obscenely obsessive spending habit.


Over 1,100 Days Without a Budget
It's been over 1,100 days since the United States Senate, under the leadership of Harry Reid, has passed a budget. Sen. Reid has candidly admitted that the reason he has refused to bring a budget to the floor for a vote is that he doesn't want his Democratic colleagues to have to take a tough vote during an election year.
This shows a disappointing lack of leadership. We've been having elections every other year since the founding of our Republic. A fiscal blueprint for a country over $15 trillion in debt should not be held hostage to politics. But that seems to be the way Sen. Reid would have it. In response, Senate Republicans offered several different budgets on the floor for votes this week. Each was voted down by our Democratic colleagues, including the President’s budget, which failed to receive even one vote.
“It’s been over 1,100 days since Senator (Harry) Reid allowed a budget to come to the floor (of the Senate), which strikes me as kind of all-you-can-eat diet. That is not really a diet. Uncle Sam needs to be put on a diet, and to live within our means. Forty cents of every dollar is borrowed money …”  --- Sen. John Cornyn, (R-TX)

Friday, November 25, 2011

Budget Cutting Made Easy by a Game Show Host

Hat tip goes to Glenn Beck’s TheBlaze.com where Tiffany Gabbay introduces the YouTube video below with these words:

“It’s so easy; a game show host can do it.”

That’s what legendary game show host and Hollywood conservative Chuck Woolery — perhaps best known for his time hosting “The Love Connection” and the pre-Pat Sajak years of “The Wheel of Fortune” — says about cutting government spending by $1.5 trillion over ten years…

In this video Woolery suggests 9 proposed government cuts to achieve what our inept Congress and it’s not so “Super Committee” could not do.



John Boehner where are you?

It is time for Speaker John Boehner, as leader of the U.S. House of Representatives, to show some real leadership. You have it within your power to stop the deficit spending now, not next year, not next decade, but now! Why are you not doing it?

Are you so comfortable being part of the entrenched GOP establishment in Washington that you happy with the status quo? Are you so confident of your re-election that you only have to pretend to be a conservative only around election time? 

We the people are growing increasingly uncomfortable with you and other so-called 'conservative' members of Congress. You are proving to be just as much do-nothing as your predecessors and as the House Democrats.

Saturday, October 15, 2011

The Congressional Super Committee is a Super Smokescreen!


Blowing Smoke

My local newspaper, the Mansfield (Ohio) News-Journal ran an editorial from the October 8, 2011 The (Youngstown, Ohio) Vindicator. It was the second paragraph from the editorial titled, “Super committee must live up to its name, which made me see red:

The “Super Committee” … has been charged with the herculean task of crafting a plan to reduce the federal government’s $15 trillion deficit by $1.2 trillion over the next 10 years.

First off, I think the editors used the wrong term in describing the $15 trillion dollar Federal debt. They erroneously referred to it as “deficit.” My understanding is that the deficit applies to the current year’s excess expenditures beyond the revenue or taxes received. Deficit refers to short-term debt accumulated during the fiscal year. The overall Federal Debt is what the so-called “Super-Committee” is charged with reducing.

Second, the editors foolishly characterized the very modest and almost inconsequential reduction in the debt compared to the projected federal debt over the next 10 years  as “herculean.” What a joke.

At the current rate of overspending by this government, the Federal Debt will double in 10 years without the $1.2 trillion dollar reduction called for in the worthless Boehner-Reid-Obama debt deal crafted to “solve” the trumped up crisis that “threatened” to shut the government down this summer. The “reduction” will merely limit slightly the annual rate of growth of the overall federal debt.

What would really deserve the term “herculean” would be to cut current FY 2012 budget by $1.2 trillion dollars. That is the only action which would warrant the term “herculean!” The present Congress and President are truly incapable of any type of extraordinary efforts to curb government’s voracious spending habit!

We must go to a zero-based budget each year. We must demand that each agency or department justify their budget requests. We must move toward a balanced budget using the Cut, Cap and Balance approach or the (Representative Connie) Mack Penny Plan to get control of our runaway government spending that is killing our economy and country.

We need a new President and a new Congress in 2012, because this Congress and the GOP establishment headed by House Speaker John Boehner and Democratic Party establishment headed by President Barack Obama and Senate Majority Leader Harry Reid are absolutely unwilling and unable to do the job that they have been entrusted to perform.

The “Super Committee” is not a serious attempt to fix the Federal debt. It is a smokescreen put up by the President and Congress to pretend to be doing something, but all while incurring a larger and larger deficit each year!

Friday, June 24, 2011

National Debt: Hittin' the Ceiling and Head Buried in the Sand?

Hat tip goes to The New American Magazine, the June 6, 2011 issue, for including Michael Tennant's article, “Hitting the Ceiling or Going Through the Roof." Where does our feckless "leader" President Obama stand on raising the Debt Ceiling limit today?

Read carefully the opening paragraphs of the article quoted above. Read the entire article if you wish here.

“The fact that we are here today to debate raising America’s debt limit,” said the Senator, “is a sign of leadership failure. It is a sign that the U.S. government can’t pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our government’s reckless fiscal policies.... Increasing America’s debt weakens us domestically and internationally. Leadership means that ‘the buck stops here.’ Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership. Americans deserve better. I therefore intend to oppose the effort to increase America’s debt limit.”
Who is this mystery Senator railing against raising the federal debt ceiling? Kentucky’s Rand Paul, perhaps? South Carolina’s Jim DeMint? Oklahoma’s Tom Coburn?
No, the mystery Senator is none other than Illinois’ Barack Obama, who spoke those very words in March 2006 as Congress was considering — at the behest of the George W. Bush administration — increasing the amount of debt the U.S. Treasury could issue to almost $9 trillion.

Cartoon by William Warren found at http://PoliticoMafioso.blogspot.com


I strongly agree with Tennant's conclusion regarding the decision to allow the debt ceiling to be raised:


... Only good can come from holding the line on increased debt; only financial catastrophe can come from caving in to the administratior's demands. Americans, as Sen. Obama said, do indeed deserve better.

Monday, March 28, 2011

Save Money & the Country: Let the Government Shutdown!

This is next year!


Senator Harry “White Flag of Surrender” Reid said this week that under no circumstances will he permit the defunding of the perverse, law-breaking Planned Parenthood Federation of America as part of any continuing resolution or authorized budget. He felt so strongly about this that he stated that even if it meant shutting down the federal government. Well, Harry if you feel that way, “Shut ‘er dooooowwwwnnnnn!!!!


On the Planned Parenthood Federation of America (PPFA) funding issue alone it would be worth shutting down the non-essential workings of government. The PPFA has breached the trust of the American people by its pattern of lawbreaking and operating above the law. Undercover videos of the last few years revealed a pattern of dishonesty and lawbreaking, which rivals that of ACORN another leftist pillar of pernicious practices. Undercover videos reveal the abhorrent underbelly that belies PPFA marketing hype. See www.ExposePlannedParenthood.net for more information.

Not only would shutting down the government get the attention of the American people, it would focus all eyes on the gross negligence, incompetency and refusal of the President and his Democratic comrades to effectively deal with the problem of the growing and bloated national deficit and national debt. The GOP in the House proposed and the GOP in the Senate voted for a very modest, and I might add an altogether insufficient, budget reduction proposal for the FY 2011 budget. The Democrats  in the Senate countered with a paltry pittance of a spending reduction. Not to mention that the President proposed a FY2012 budget insuring continuance of the similar atrocious deficit projections as his previous record-breaking and economy-busting budgets of his first two years in office.

Former Speaker of the House Nancy “Leaving on a Government Jet Plane” Pelosi led Democrats resisted almost every cut suggested by their GOP opponents. Really, they were in such a frenzied spending spree last year that didn’t have time to approve a budget, which is the first time since Congress has been required by law to do so. Seems that they have given up their right to squawk about the specifics of the budget, which the opposition is scrambling to fix the mess they kicked down the road …

Charles M. Page, Sr. had some thoughts on the possible shut-down of our self-serving government guilty of gloating in its self-importance. He posted an article at www.TeaPartyNation.com, “Shutting Down The Government Sounds Like A Deal To Me...”He would like to see the government shut down, as would I.

 

Page makes several good points, first he says, “Now I know that they always mean "shutting down only non-essential services" whenever this subject comes up, and usually refer to "continuing to operate the military, and to payout Social Security check, etc."” It would also be important to pay the interest on our staggering debt, so that we don’t incur additional penalties, which would drive up the deficit and debt even further.

 

His second point is a question, “What services are essential for the Government to perform today?  And if it were shut down...even for a few hours, days, or weeks, what do you think might actually happen?”

That is the question we all should be asking. The U.S. Constitution answers that in Article 1, Section 8.

 

Page looks at this looming budget crisis confrontation positively, “My hope is that the (newer) Republicans in the House, because that it the only group I see potentially able to make a stand on this issue, will vote to pass no more "Continuing Resolutions to keep the Federal Government operating" when this next deadline comes due. [April 8]


“I hope

·                    that they reject flat out the notion of the "Need to raise the Debt Ceiling...."  
·                    That unused Stimulus monies are returned to the taxpayers,
·                    that the $105 Billion squirled away in ObamaCare is eliminated,
·                    that significant steps to find Fraud & Waste everywhere are actually taken and reported for once in our lifetimes,
·                    that tax law is reduced to simply "you owe X (my personal number would be 10, 20 tops....) percent of anything you make regardless if you are Joe the Plumber or GE," and
·                    that we find out what we really are getting for our money from the Federal Government?”

 

Yes, this can be a pivotal time for America. It may be the time to discover why it is costing taxpayers and future Americans yet to be born over $1.5 trillion dollars per year in additional debt to operate our out-of-control big government. We need to review every role of the present government and if it does not comport or line up with Article 1, Section 8 of the United States Constitution, serious consideration should be giving to ceasing to fund and/or continue that program or expenditure.

Monday, March 07, 2011

Can a people be free and equal?

“… We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator, with certain unalienable Rights, that among these are Life, Liberty, and the pursuit of Happiness.” The Declaration of Independence establishes the American ideal. We are beings who have been created – beings on whom the Creator bestows rights – and we cannot legitimately be separated from those rights by acts of government or of other men .
“The nature of government is to accumulate power, always at the expense of individual freedom … Within the United States, a soft revolution of the left against the Constitution has been underway for 80 years. Its goal is the equality of outcomes. Is means is the accumulation of power through the growth of government. (The great irony of liberalism is that, when government becomes all-powerful, all power is concentrated in the hands of those who run the government … which is the least equal outcome of all.)
--- Bart Fleming, “Is it liberty and equality, or liberty VERSUS equality?” Tea Party Review, March 2011, Vol. 1, No. 1

Amazingly, the first and preeminent right enumerated in the Declaration of Independence is LIFE. In 1973, 38 years ago, this right to life was willfully and wrongly “revoked” by the government, the so-called Supreme Court. The liberty, the freedom of the unborn, the most vulnerable in society was stolen. All of our remaining rights stem from that most vital right of all. ObamaCare is not healthcare reform, it is healthcare control! It is a symptom of what the author above says is its unquenchable thirst for more power.

One by one big government is stripping us from our freedoms in the name of equal outcomes for all. This is socialist utopian fantasy. Government does not determine our rights, God does. The Left is at war with God. Under “Dear Leader” Chairman Barry Soetoro aka Barack Obama we are becoming more and more like the Soviet Union each passing day.

Budget Deficit Made With Red Chinese Ink!


Furthermore, our government is in need of extensive bariatric surgery. Now it waddles badly, barely able to hold itself up. The Chinese are enabling its feeding and its spending frenzy. It needs to be knocked down to size several notches. We need to stop feeding this bloated monster. The past 4+ years it has acted like a bloodsucking leech that has attached itself to American taxpayers and it won’t let go.  

Essentially, the government has far too much power. It is doing and meddling in affairs it has no business getting into such as healthcare or education.

We need to put our federal and state governments on a strict diet. We need major spending cuts. Not the namby pamby nicks that the President or even the House have proposed. We need to get serious. I for one am for shutting down the government until we can get serious about fiscal responsibility.

There are two examples of government expenditures that can be trimmed right off hand that would save us a bundle of money. One is the complete elimination of the nearly worthless, even destructive U.S. Department of Education. The other is the equally useless Environmental Protection Agency (EPA).

Yes, ket’s get serious and put the government on a starvation diet, a real budget balancing diet, and sooner rather than later! Let’s start now in the current Continuing Resolution for 2011.

Draw a line in the sand. Say “No” to the raising the debt ceiling. Since the President has audaciously sent a budget containing a $1 ½ trillion deficit, let’s adopt a new slogan. “Trim a trillion here and there, until we are debt-free.”

$ TRIM A TRILLION OR TWO $ 

Tuesday, February 22, 2011

Democrats need a reality check

Hat tip goes to freshman Congressman Jim Renacci (R-OH-16) who just tweeted a link to this YouTube video:


Apparently the Democrats are ignoring the facts or they are living in an alternate universe somewhere in Absurdistan. 

Monday, February 21, 2011

FY2011 Showdown: Who’s agenda will prevail, the Radical Left or the Teahadists?



The Left is demonstrably expert in name calling. Its lastest concoction is the clever ‘Teahadists,’ a term the DailyKos used to describe the Republican base. Here is how Jed Lewinson of the DailyKos opened his recent article, “With their spending bill D.O.A., can House Republicans avoid federal shutdown?”today:


“Over the weekend, House Republicans bowed to pressure from their teahadist base by passing a spending bill that would cut $61.5 billion from the federal budget through the final seven months of this fiscal year. But even before the bill passed, Republicans were acknowledging that it was dead on arrival…”

I for one hope Congressional Republicans show some courage and listen to their teahadist base and stand firm. Maybe government should shutdown at least until a more balanced budget is hammered out. 

Wednesday, February 16, 2011

The Continuing Resolution: So What Really Is Draconian?


I have been watching the House Proceedings on C-Span regarding the Continuing Resolution (CR). Part of the Democratic talking points is the use of “draconian” when referring to many of the proposed spending cuts put forth by the Republicans. A person on a Cleveland.com Political Forum provided a link to an excellent article, which I quote from below, and which redirects the application of that the term “draconian” to where it belongs …

“The only genuinely "draconian" policy in Washington is the multi-trillion-dollar annual deficits being run up that constitute a death sentence on our children's and grandchildren's prosperity and liberty.” 

--- Tony Blankley, “It’s the Deficits That Are Draconian, Not Their Cuts,” 

Obama the Magician

Saturday, February 05, 2011

Trimming the fat from the Federal budget


Hal Gershowitz and Stephen Porter in an important BigGovernment.com article, “Obama to Debt and Deficit Reduction Commission: So Long, It’s Been Good To Know You,” suggest several debt and deficit reducing measures of their own.

 

PRESIDENT NOT SERIOUS ABOUT DEFICIT REDUCTION

 

Gershowitz and Porter observe that in his State of the Union address “As an answer to the budget crisis, the President’s call for a freeze in spending was less than weak; it amounts to little more than camouflage to mislead the electorate into believing that his Administration is serious about controlling spending.”

 

SOLUTIONS?

 

The President and the Congress need to begin to address the debt and the deficit now.

 

However, it appears that it will be up to Congress, because the President, according to Gershowitz and Porter, “…(C)learly signaled (in his SOTU address) that reducing spending will not be part of his agenda (freezing costs isn’t reducing spending) nor will his agenda include very much of the Debt Reduction Commission’s recommendations regarding tax reform…quite the contrary…

 

The authors also note that the President is ignoring his Debt Reduction Commission’s key recommendation which included “… (A) simplification of the tax code, reductions in tax rates for all tax payers, treating capital gains and dividend income as ordinary income, and the elimination of itemized deductions and many sacred-cow subsidies, credits and other corporate tax incentives … The … Commission also recommended establishing firm ratios of allowable Debt to GDP and Taxes to GDP, a sensible way of keeping America from spending and taxing itself into European-type economic extremis.  Not a word from the President, other than a sentence about lowering tax rates for business, on any of these key recommendations, all of which would be anathema to his far left base.”

 

 

SOCIAL SECURITY/MEDICARE, THE BIGGIES

 

The authors of the article cited above state, “… (F)uture Social Security benefits and Medicare funding will have to be addressed.  Medicare premiums will have to be substantially increased or Medicare benefits will have to be substantially reduced.” We have kicked this can down far too long. It is time to cut the benefits and increase the premiums and come up with private-based retirement alternatives for younger people.

 

ZERO-BASED BUDGETING

 

Gershowitz and Porter wrote, “Perhaps it’s time to dust off old zero-based budgeting plans and reconsider a realistic, but modified approach to zero-based budgeting.  Under a zero-based budgeting regime (quite common in the private sector) every agency and department would have to build its budget from a zero base each year, eliminating (or reducing) every unproductive, inefficient or duplicative expenditure.  A government zero-based budgeting process would, admittedly, be very time consuming, labor intensive and cumbersome.  However, a modified zero-based budgeting process just might work.  Under a modified zero-based budget plan, managers would be charged with the responsibility of on-going evaluation of their agency or department’s productivity and identifying those operations that can be reduced or eliminated. Perhaps every three years or five years, every agency’s budget would be adjusted consistent with these rolling assessments of productivity.”

Zero-Based Budgeting is a wise idea. I wrote about this earlier this year in an article, “How about ‘taxing’ government? Where’s the Budget?”




Wednesday, January 05, 2011

How about ‘taxing’ government? Where’s the Budget?


Drastic times call for drastic measures. Let’s get on with some serious government reduction! I have two ideas that could both be used by Congress to mandate reduction in the size and cost of government.

‘DEFICIT TAX’

The first idea is to establish and charge a ‘Deficit Tax’ on all of the spending of all departments and agencies of the Federal Government.

I heard what, at first, sounds like a wacky idea this afternoon on XM-Serius Patriot Radio. The host suggested that all agencies of the federal government be ‘taxed’ at a rate similar to what taxes are being charged to corporations on all of its current spending allocations. Let’s play with that idea a while.

Hypothetically, let’s use 33 1/3 % as a ‘Deficit Tax’ rate for every department and every agency of the federal government. This ‘tax’ would be imposed on the current budget allocation made to each department under the most recent approved budget. For example, say the overall budget for the U.S. Department of Education was $60 Billion dollars. Starting immediately, that department would be ‘taxed’ $20 Billion dollars [ .333 x $60 Billion = $20 Billion ]. The $20 Billion would be mandated to be applied to reduce the federal deficit. The U.S. Department of Education would then be required to reorder and restructure its operation to operate with the remaining allocation of $40 Billion dollars. This ‘Deficit Tax’ would remain in place until the federal deficit was eliminated. This would give each director and manager an incentive to priorities programs and eliminate waste or duplication.

Personally, I see no need for the Department of Education at all and its entire $60 Billion allocation could be used to reduce the debt and deficit. Like families and businesses in general the bloated government would now need to tighten its expansive belt and cut to bare bones necessities like everyone else.
I see no sacred cows. If we applied this procedure across the board government would be reduced 1/3!  

ZERO-BASED BUDGETING

The second idea would be to adopt Zero-Based Budgeting and require every Department and agency of the Federal Government to begin to phase in the use of Zero-Based Budgeting in their year to year planning.

Here is one definition of Zero-Based Budgeting:

“The budgeting process is an essential component of management control systems and has been an effective system by which management can successfully plan, coordinate, and control. The process involves the creation and implementation of the broad objectives of an organization [ such as reducing the federal debt & deficit, eliminating obsolete, ineffective programs, identifying and eliminating redundancy and waste ]  the detailed objectives, and a short-term and long-term financial plan. The philosophy and procedures used to implement zero-base budgeting in industry and government settings are quite similar, only slightly differing with the mechanics to fit the specific needs of each organization.  
“The basic process of zero-based budgeting is to justify budget requests every budgeting cycle, regardless of prior period budgets. The following sections address the specifics including the history, implementation, drawbacks and solutions, and behavioral impacts of zero-based budgeting.”
In other words, every time a budget is submitted, justification must be made for every program and expenditure. It would force each department director or manager to justify the reason for his or her department’s existence and justify each of the programs of the department or agency.


CONCLUSION

I think that the combination of these two ideas would one, curtail the obscene spending, and two, would force directors and managers to really look hard at why their department exists. Furthermore, if any department, such as EPA or Energy or Education cannot substantiate a constitutional reason for their existence then those Departments or Agencies must be eliminated. Overall, I would like to see the trend turn from government expansion to government contraction and/or elimination.

The 111th Congress failed to submit a budget last October as required by law. One of the first priorities of the new Congress would be to develop a budget. The two ideas presented in this article could be incorporated into the process if the members of Congress are serious about their promises to cut the deficit. I don’t really think they are, but I hope they prove me wrong.

Saturday, September 05, 2009

Politics, a definition

Hat tip to the Continuing Collapse email newsletter about our destructive education system for this great quote.

Quote/Unquote



"Politics is the art of looking for trouble, finding it, misdiagnosing it, and then misapplying the wrong remedies." --- Groucho Marx


Isn't that essentially what TARP, the Bailouts, Cash for Clunkers, the Simulus Bill, the bloated Federal Budget, Amnesty, Cap and Trade, and ObamaCare Healthcare 'Reform' are all about - the politics and policies of socialism?

Wednesday, April 15, 2009

Two Trillion Tons, TEA Party Protest Song

I came across this smashing video as I was searching for information about the TEA Party Protests to be held all across America this Wednesday. Following is a parody of Sixteen Tons as heard on the Lars Larson Show on Westwood One Radio Network. Lyrics by Jim Gossett and Lars Larson. Vocals by David Ford. Produced by Nick Archer.



American Tea Party


Two Trillion Tons

Obama got elected, now there is no end;
The Democrats wanna tax and spend,
Tax and spend us into bankruptcy,
With a tax-cheat runnin’ our Treasury.

You spend two trillion bucks, and what do you get?
No recovery but deeper in debt.
St. Peter better call me ‘fore it’s too late;
I owe my soul to the welfare state!


Obama is a leftist, as he can’t deny;
‘Govern from the center,’ was a great big lie.
Karl Marx Manifesto is his playbook,
And you and me soon will be on the hook.

You spend two trillion bucks, in unsecured cash;
Soon the dollar will be pure trash.
Our bond holders we have to appease;
We owe our soul to the Red Chinese.


Obama and his people are makin’ a mess,
Bernanke’s fired up the printing press,
Printin’ money that don’t exist,
No wonder America is gettin’ (peeved?)

You spend two trillion bucks,
They ain’t done yet!
Obama and Pelosi are pilin’ up the debt.
I work hard for the money, this I don’t deserve . . .
We owe our souls to the Federal Reserve!

Tuesday, April 14, 2009

Pittsburgh (PA) Tea Party, Saturday, 4/11/09

Thousands Rally in Pittsburgh last Saturday


Accoring to the Pittsburgh Tribune-Review online article, "Several thousand people jammed into Allegheny Landing on the North Shore Saturday afternoon for an event dubbed as a "Tea Party" to protest what they believe is excessive government spending to bail out faltering corporations and the economic stimulus package . . ." Read more.
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The Tea Party Protest Movement is picking up stream heading into a major event accross the country on Wednesday, April 15th, 2009. Find the nearest Tea Party Protest Rally near you and join it tomorrow!


· (U.S.A.) http://www.TEAPartyDay.com/
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Monday, April 06, 2009

G (Global) 20 Meet Up, Reordering the world

Cartoon by Nate Beeler as found on Townhall.com 4/3/09


Bill Wilson summarizes President Soetoro's (alias Obama) “accomplishments” at the G20 pow wow last week in Europe in his 4/3/09 Daily Jot article, “The Gang of 20 And The New World Order,” in the following excerpt.

“The man who now occupies the Oval Office threw America’s sovereignty under the bus, joined up with the gang of 20, and agreed to an international heist of a trillion dollars as the first installment of redistributing America’s wealth to the rest of the world in support of programs that will make his socialist and communist buddies richer and more powerful. He explained his strategy of compromise to adoring reporters: "Each country has its own quirks and own particular issues that a leader may decide is really, really important, something that is non-negotiable for them. And what we tried to do as much as possible was to accommodate those issues in a way that did not hamper the effectiveness of the overall document."

Soetoro (Obama) is a globalist and a socialist. He does not care about the United States Constitution or the founding principles and values of America. Joe the Plumber, during the presidential campaign drew out of Soetoro (a/k/a Obama) the fact that one of his chief core beliefs and values is the redistribution of wealth not only giving to the “needy” in America, but also to those in the world. Never mind that the that that trillion dollars will fall into the hands of greedy dictators, Marxists, and elites and will never reach the truly needy. It is merely a ploy to establish socialism and globalism. Nearly everything Soetoro (Obama) has done since taking office 9 weeks ago has been destructive to free enterprise and the traditional American values and principles.