Quotes of the day

posted at 10:45 pm on April 12, 2011 by Allahpundit

“The US budget deficit shot up 15.7 percent in the first six months of fiscal 2011, the Treasury Department said Wednesday as political knives were being sharpened for a new budget battle.

“The Treasury reported a deficit of $829 billion for the October-March period, compared with $717 billion a year earlier, as revenue rose a sluggish 6.9 percent as the economic recovery slowly gained pace.

“The Treasury argued that the pace of increase in the deficit was deceptive because of large one-off reductions in expenditures made during the first half of fiscal 2010, compared with previous and subsequent periods.”

***
“Some Republicans are already squirming over a vote that provides a ready-made campaign ad for their opponents: Rep. Paul Ryan’s fiscal 2012 budget, which will restructure Medicare, alter Medicaid funding and slash $6 trillion from federal spending over 10 years.

“Whether they’re new lawmakers in formerly Democratic seats or House veterans who represent districts with large elderly populations dependent on Medicare, a significant number of Republicans realize that embracing the Ryan plan may be one of the most treacherous votes of the year…

“Privately, rank-and-file offices on Capitol Hill are whispering that the Republican leadership is asking its members to take a tough vote on a bill that has no chance of becoming law — Ryan’s budget is dead on arrival in the Senate, still ruled by Democrats.

“For now, GOP lawmakers are dodging the question.”

***
“Failure to raise the debt ceiling would mean that the government would have to make choices as to who they would and would not pay. For example, they would have to make decisions about whether to pay bondholders, including those in China and Japan who had loaned the United States money, or whether to issue Social Security checks…

“It was made quite clear in the latest NBC News/Wall Street Journal poll—conducted March 31-April 4 among 1,000 adults, with a 3-point error margin—that most Americans do not understand what the debt limit is or the consequences of not raising it…

“It’s clear that President Obama and congressional leaders of both parties as well as opinion leaders of all stripes have an enormous amount of educating to do. The public seems to see raising the debt ceiling as being a question of whether we should go further into debt or not, even when it is explained to them.

“It would be interesting to see how the public would have responded if it had been made clear that Social Security and veterans’ checks wouldn’t be going out, that the government’s credit rating would drop, and that the implications for Medicare and Medicaid would be enormous.”

***



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Comment pages: 1 2

cmsinaz on April 13, 2011 at 8:04 AM

Thank you, ma’am.

kingsjester on April 13, 2011 at 8:07 AM

The left has mastered seduction of the masses. Like dirty old men, they offer free candy to the children in order to lead them astray. There was a time in America, when the children knew better than to be tempted by such dangerous kindness -not any more!

The right fails to call the left what it is -dirty old molesters with free candy they steel from nice people.

Don L on April 13, 2011 at 8:44 AM

er…steal.

Don L on April 13, 2011 at 8:44 AM

“It would be interesting to see how the public would have responded if it had been made clear that Social Security and veterans’ checks wouldn’t be going out,

In the spirit of leftist trash everywhere, cut first the programs that are most popular. BUT, make sure you pay the third rate poli sci retard hired on at the Dept. of Education to monitor compliance with school lunch laws, and their billions and billions of dollars worth of co-workers.

MNHawk on April 13, 2011 at 8:49 AM

By the time most of the peeps figure out that it’s time to turn out the lights and lower the flag, it’ll be too late. The lights will go out with cap & trade imposed by the epa, and renewable energy. Our money if we still have any after taxes will not be worth the paper it’s printed on. Our food chain and health care system will be non existent. The military will be patrolling the streets to keep order. The ‘fundamental change’ will have been made complete.

Kissmygrits on April 13, 2011 at 9:03 AM

sharrukin on April 13, 2011 at 12:31 AM

Ahh, don’t confuse Texas with Californio. Most
Mexicans have blended or have blended families here…

Texas has every resource needed to be it’s own country.

tinkerthinker on April 13, 2011 at 9:16 AM

“Failure to raise the debt ceiling would mean that the government would have to make choices as to who they would and would not pay. For example, they would have to make decisions about whether to pay bondholders, including those in China and Japan who had loaned the United States money, or whether to issue Social Security checks…

The United States was born with debt: debt to France and other countries that had loaned us money, arms, uniforms and even their troops.

That debt under the Articles of Confederation broke that form of government and nearly ‘collapsed the system’. The Shayesites were one messenger and one message intercepted away from getting control of a local arsenal and putting up a serious fight against regular troops. That was 1786 and it horrified Washington enough to get over to Philadelphia after the Baltimore Convention had put forth that this current form of government needed some serious changes.

The current federal government system was devised to pay off debt FIRST. We had no army, no navy and not much else worth talking about, back then, save debt. Lots of debt. It would not be paid off and the government have actual balanced books until the 1830′s. Then the spending started after that but before the Civil War as politicians love overspending.

Of all the things the federal government has given to it, the primary reason for it to even exist is to pay off debt.

It has no ‘choices’ to make between debt and SSA, debt and veteran’s benefits, or debt and the military: debt comes first. Then securing the borders. Then making sure we are armed enough to secure the borders and protect our trade… we depend on trade to exist and have the ability to get a decent economy to pay off our debt. Protecting the Nation is to ensure that we have regular, unfettered commerce not prone to depredation… so we can service our debt. All of the primary functions of the US federal government serve one singular purpose: allowing it to pay off debt.

Hamiltonians, Progressives and Leftists see it is a grand way to let the government ‘run’ the economy and ‘regulate’ it. It should be noted that this is an utter failure whenever it has been tried… it might take a few decades or a century to fall apart, but fall apart it does. That is why they go after fundamental rights and freedoms – they don’t care about debt, wish to burden the politically faithful less than those who produce wealth, and otherwise make it impossible to pay off debt due to creating their own imbalances.

That doesnt’ work.

Never has, never will and there is no way to make that ‘work’ in the long-haul.

That is why talking of fundamental rights and liberty are as essential today… no, more essential today… than in 1787: it is the basis for correcting our government and ourselves by trusting ourselves, first, and our fellow citizens, second, and any government ‘trust’ goes with how close you can get a firepit and pot of tar to the politicians in question. The best government can do, every do, is treat all citizens equally without favor, without fervor and in pursuit of equal application of the law. That is so we can pay off our debt as a system of equal justice favors none and preserves a society that can pay off its debt.

ajacksonian on April 13, 2011 at 9:24 AM

Maybe I am the only one, but I do see progress and I see a set of people who understand what we are up against…gosh, wouldn’t it be nice if they were the only ones to vote on the bills…

tinkerthinker on April 13, 2011 at 9:25 AM

Ryan’s plan in no way affects the elderly. What the h*ll are they talking about? This needs to be made clear yesterday. Anyone currently receiving Medicare will continue to receive Medicare in its current form. Good grief.

JAM on April 13, 2011 at 10:15 AM

Frankly, I find it amazing that these buffoons in Washington DC are more concerned about their re-electability and political capital than they are about our country going down the shitter…unbelievable.

Titanic Passenger #1: Hey dude, the ship is sinking!
Titanic Passenger #2: Is my tie on straight?
Titanic Passenger #3: Does this dress make my butt look big?

Geministorm on April 13, 2011 at 11:06 AM

Comment pages: 1 2