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

Tuesday, November 12, 2013

Is Anarchy and Tyranny knocking at the door?

In reading Mark Levin's book The Liberty Amendments, I know that I have fallen off discussing the proposed Amendments to which I will return to them soon, I stumbled upon a curios passage Levin quotes of John Adams. The passage appears in Chapter Eight: An Amendment to Protect Private Property (p 139-140):

"Suppose a nation, rich and poor, high and low, ten millions in number, all assembled together; not more than one or two millions will have lands, houses, or any personal property; if we take into account the women and children, or even if we leave them out of the question, a great majority of every nation is wholly destitute of property, except a small quantity of clothes, and a few trifles of other movables. Would Mr. Nedham be responsible that, if all were to be decided by a vote of the majority, the eight or nine millions who have no property, would not think of usurping over the rights of the one or two millions who have? Property is surely a right of mankind as really as liberty. Perhaps, at first, prejudice, habit, shame or fear, principle or religion, would restrain the poor from attacking the rich, and the idle from usurping on the industrious; but the time would not be long before courage and enterprise would come, and pretexts be invented by degrees, to countenance the majority in dividing all the property among them, or at least, in sharing it equally with its present possessors. Debts would be abolished first; taxes laid heavy on the rich, and not at all on the others; and at last a downright equal division of every thing be demanded, and voted. What would be the consequence of this? The idle, the vicious, the intemperate, would rush into the utmost extravagance of debauchery, sell and spend all their share, and then demand a new division of those who purchased from them. The moment the idea is admitted into society, that property is not as sacred as the laws of God, and that there is not a force of law and public justice to protect it, anarchy and tyranny commence. If "Thou shalt not covet, " and "Thou shalt not steal," were not commandments of Heaven, they must be made inviolable precepts in every society, before it can be civilized or made free."

John Adams wrote that passage originally in "Defence of the Constitutions of Government of the United States." The United States is a Republic and not a true Democracy a concept that retards the Progressive ideals; unfortunately it doesn't eliminate them. Despite living in a free society, governed by representative rule, liberty and protections of private property are eroding. The erosion isn't a recent occurrence; yet it has been kicked into overdrive in recent decades.

Our National Debt has topped $17 TRILLION! A number trivialized by Progressives and Big Government Spending Conservatives while ignored by the vast majority of journalist ( a term I use loosely). One must hand it to Big Government types though. While Mr. Adams crafts precepts restraining the poor, idle, vicious and intemperate, Big Government has crafted precepts more enterprising; entitlements. The current continuing resolution calls for the United States Federal Government to spend $3.4 TRILLION of which, roughly, $2.5 TRILLION is entitlement spending. That $2.5 TRILLION earmark does not include the subsidies dolled out for ObamaCare.

The foundation of a free society is the right to private property free from government intervention and seizure as well as protected by the same said government from others in society. Taxation, entitlements, and willful idleness are all elements causing the erosion of ones right to private property. The rich have the means to relocate while the Middle Class and poor do not. What happens when the Rich are no longer an option? Anarchy and Tyranny will take hold - That is the legacy the Baby Boomers, Gen X and Gen Y leave for those born in the 21st Century.

Saturday, March 27, 2010

Debt rises to incredible heights yet Americans are blind

This morning I am reading Star Tribune and various other news sites I follow when I came across this headline: CBO report: Debt will rise to 90% of GDP (http://www.washingtontimes.com/news/2010/mar/26/cbos-2020-vision-debt-will-rise-to-90-of-gdp/) in the Washington Times. The headline enough raised my ire and should every American. Now, I have been railed against for my push of smaller government, more freedom and lower taxes platform. I hope this article puts things in perspective for those that believe I am "chicken little" on the size and scope of government.

The article notes that the Federal public debt when Obama took office was $6.3 trillion or $56,000 per household. That number has expanded to $8.2 trillion or $72,000 per household today. The CBO estimates that by 2020 we are on path to reach a debt of $20.3 trillion or $170,000 per household. I understand and acknowledge that Republicans, especially under Bush, lost their fiscal conservative way which lead to the historic election of Barack Obama. I recall last year when the unemployment rate hit 10% Vice President Biden noted that the Obama administration did not realize how bad the economy was and their numbers were off.

James Horney, a federal-budget analyst at the liberal Center on Budget and Policy Priorities, said, " The biggest part of the deficit difference [between the Obama's administration and CBO numbers] is lower tax revenue due to the different economic assumptions." Horney is correct that the Obama administration has a rosary outlook but it is that thinking that tripped them up last year as unemployment surpassed 10%. We need to get Americans back to work and being productive. Too many of our manufacturing jobs are being outsourced and due to our mounting debt America is put in a conundrum. The conundrum is protecting America jobs while not alienating our ATM; China.

Sure the Fed could print money hand over fist but that will only lead to inflation and a deeper recession. So how do we jump start the economy and reverse the trend this article warns? To start we need to demand that our government go on a diet and that Americans be held accountable for their actions. Right now Obama is proposing incentives that will encourage banks to rework mortgages that are underwater for those that are unemployed. This new incentive will create more debt for taxpayers and further our co-dependence on Government solutions. It is unfortunate that people are losing their jobs and making the house payment is tough but that does not mean the government is the answer.

When will Americans realize that entitlements, cash for clunkers, tax credits and health care reform legislation are only hurting the future of America? We need to wake up and demand that government shrink and allow the private sector be allowed to work. We need to demand that more States Attorney General join the fight for State Rights against the growing tyranny of the Federal Government. Obama did not start us down that road but he is standing on the accelerator with both feet.

Tuesday, October 6, 2009

State Budgets to be pushed over the brink by Medicaid expansion.

President Obama declared before the joint session of Congress, a few weeks back, that he will not sign a health care reform bill that adds one "dime" to the National Debt. Both the H.R. 3200 and the Baucus Bill have language to expand Medicaid to cover more low-income people. State budgets are already stressed and one of the provision under current Medicaid programs is that states cannot cut benefits instead states must cut other aspects of their budgets. "If the federal government wants to expand health care to everybody in the country, they should not force the states to pay part of the bill. If they want to do that, the federal government should pay for it," said Gov. Haley Barbour of Mississippi (http://www.hattiesburgamerican.com/apps/pbcs.dll/article?AID=2009909150314).

Rep. Shelley Capito (R-W.VA) echoes the concerns governors have when she said, "We're talking about legislation with a staggering trillion dollar price tag, and now we're hearing from the governors about how this will hit state budgets as well. The reality is that funding Medicaid is tough for every state right now and there are real bipartisan questions about the way this legislation is moving forward in both houses of Congress" (http://www.dailymail.com/News/200910050806). While many in Congress, along with the Governors, see the benefits in the expansion of Medicaid the fear comes in the expansion of their already taxed budgets.

California just had a "garage sale" to raise funds to help payback some their IOU's. In Minnesota, Governor Pawlenty had to use unallotment to balance the budget. The federal government has for years been overstepping their Constitutional role by mandating legislation unto the states. It is time for the governors of each state to stand up and defend State Rights from the tyranny of the federal government. The promise made by President Obama as to not raising taxes on those making less than $250,000 will go out the window if Congress passing health care reform that expands Medicaid coverage. Granted the tax hike will not come from the federal government; rather it will come at the state level. This portion of the health care reform is a Ponzi scheme and violates the Constitutional rights afforded the States.