Comments on: Federal Budget Woes: It’s the Spending, Stupid!

By: BizzyBlog » The Federal Budget: Collections Are Fine. It’s the Spending, Stupid.

Sat, 17 May 2008 13:34:19 +0000

[...] This column was originally posted at Pajamas Media Thursday under the title “Federal Budget Woes: It’s the Spending, [...]

By: Ten

Ten — Fri, 16 May 2008 13:00:53 +0000

The myopia of the political left — JohnR’s socialists — is matched only by that of the political right. Few know and fewer care that we’re the largest debtor nation in the history of mankind, that Helicopter Bernake’s Fed is the problem at the core of this great global cash crisis, that we’ve utterly sold our economic birthright to foreign oil, to cheap imports, and to a centralized money manipulation that should stagger the mind, and that there’s no repairing the mess — we’re already into positive feedback in any number of indicators.

In fact, the very words, “this mess” are a knee-jerk trigger for angry reactionism from the right more than the left, a real irony.

The left versus right political divide in this country is a smokescreen. The real problem, as always, is globalism, loss of US sovereignty, and the economic cancer of a paper money supply. It only took sixty years to wreck the place and the hard times are yet to come.

By: Democrats versus Republicans - Page 211 - SailNet Community

Democrats versus Republicans - Page 211 - SailNet Community — Fri, 16 May 2008 07:17:56 +0000

[...] still going up, up quite a bit. I wonder what caused that? More charts, more history….Pajamas Media

By: It’s Not the Tax Cuts! « The View from Alexandria

It’s Not the Tax Cuts! « The View from Alexandria — Fri, 16 May 2008 04:00:39 +0000

[...] budget has gone from surpluses to deficits—because, Democrats often say, George Bush cut taxes. This chart shows that explanation doesn’t hold [...]

By: BizzyBlog » Latest Pajamas Media Column (’Federal Budget Woes: It’s the Spending, Stupid!’) Is Up

Thu, 15 May 2008 13:09:45 +0000

[...] It’s here. [...]

By: Tom Blumer

Tom Blumer — Thu, 15 May 2008 13:01:21 +0000

John R, I don’t disagree with you at all about the unfunded liabilities, which are horrendous.

http://pajamasmedia.com/blog/social-security-anything-but-secure/

Unfortunately, the next president is going to have to deal with dwindling SocSec surpluses, which will directly affect the immediate budget, because we have been raiding the SocSec surplus for decades.

By: Alternate Media Making Headway | The Anchoress

Alternate Media Making Headway | The Anchoress — Thu, 15 May 2008 12:48:27 +0000

[...] ‘net; it’s a nice energy over there. The site covers the gamut – you’ve got your economics page, your campaign analysis, book reviews, world politics, advice columns, internet stuff, [...]

By: JohnR(DC)

JohnR(DC) — Thu, 15 May 2008 11:52:05 +0000

It’s not the year-to-year spending that is the problem, it’s the unfunded liabilities that the Comptroler General has painstakingly tracked for years. By one standard, the nation cannot now meet its obligations, let alone those included in the expanding guarantees/entitlements.

Too much focus on fiscal year budgets distracts from the necessary task of reversing the dozens of guarantees and entitlements that are the legacy of 70 years of socialism. At some point, other nations will cease picking up the tab for our nation’s flatulent overpromising to just about every constituency imaginable. Armageddon will arrive.