It Would Be Funny if it Wasn't So Insulting

My favorite far left whipping boy, Obama’sWeb Home Page (also known as CNN) ran the following as its top story today about the current yearly budget deficit:

http://www.cnn.com/2008/POLITICS/07/28/2009.deficit/index.html

Before continuing, I hope EVERYONE understands the difference between the budget deficit and the national debt. The way the media likes to portray everything is as if we were never in debt before 2001. The fact is, America has been in debt since 1837. The budget deficit is the yearly ‘cost of doing business’ for the government. It’s in the negative over the past 7 years for two reasons….one is Bill Clinton NOT putting that money into intelligence and military in the 90’s which led to attacks against the US such as the ’93 WTC, the ’98 Embassy Bombings and the 2000 Cole (and eventually led to 9/11.) Give the families of all those victims a call and see if they are turned on by the ‘$128 Billion Surplus’ Clinton allegedly had. That money should have been spent to ensure civilians and soldiers didn’t DIE at home and abroad. The other reason for this is, as stated by the White House, PEOPLE BEING STUPID. Maybe not in so many words, but if individuals would learn to spend within themselves, we would not have this issue.

Now, in terms of this article, let’s quickly go over exactly how we got here, and just how ‘BLAMELESS’ the Dems think they are.

If you all remember, about two years ago when the mortgage world was adjusting itself because of the artificial growth, people started simply walking away from homes. And make no mistake, ARTIFICIAL growth is what it was….it was NOT normal organic growth of 3-6% a year which is what you are supposed to get from a home….it was people artificially blowing up demand which in turn blew up supply, with no real assets behind the borrowing (OR lending it turned out.) Foundations built on vapor never stand up.

So in 2006, CNN in their predictable Act 1, Scene 1, brings us their best Meryl Streep/Susan Sarandon drama….‘oh, so many people took out mortgages they couldn’t afford and need a bail out….help us HELP US! We’re too dense to know how to budget our monies and prepare for the worst-case scenario….now I need someone to bail us out. WON’T ANYONE THINK OF THE CITIZENS?’ The name of this movie, obviously directed by Oliver Stone and financed by Michael Moore, was ‘It’s NEVER the People’s Fault.’ When this eventually reached the small screen, it came through in our homes as ‘GW Bush has messed up the mortgage and housing market.”

Excuse me? Let’s all make sure we understand that the Fed is a conglomeration of PRIVATE banks, not a national bureau. Bush had NOTHING to do with appointing Greenspan OR Bernanke. Now I will mention Greenspan, just after he hit ‘EJECT” when he saw what was going to happen, admitted people bit off more than they could chew and he would have spearheaded restriction on loans – the same kind of restrictions that are currently being passed – to make sure it didn’t happen again. I will also say Greenspan said this IMMEDIATELY before also throwing Bush and the White House under the bus. Nice way to finger-point. Seventy-seven years old and not man-enough to make a mistake. VERY impressive, Alan. Unfortunately, Bernanke isn’t as bright as Greenspan (as evidenced by his penchant for speaking at the wrong time and saying the wrong things.) Ben, here’s a hint….don’t even MENTION anything off-hand….markets rise and fall 200 points on what spews out of your mouth.

Anyway, back to the action. So what does our government do? The 2006 Dem Congress starts looking for ways to hand money out to people too dense to manage themselves, and for some reason Bush signs it….more than once. Why is it turning into ‘how many stimulus packages can I sign before I leave office, George?’ Keep in mind a fundamental base of Republicans and Libertarians is ‘work for what you get, take care of your own, minimal government interference and programs.’ Someone’s been dropping Dem vitamins in GW’s coffee in the morning, and even I am starting to get excited for CHANGE (but not THAT sort of CHANGE.) :-)

Anyway, we come to the point of this…..the SAME people that drone on and on and on about the economy and the fact it needs help are NOT celebrating the monumental mortgage package signed last weekend, but are now throwing Bush under an even BIGGER bus regarding the budget deficit. Excuse me??? The whole Republican Party doesn’t want to give out handouts. The Dem Congress does. I understand it was signed by Bush because there was a good chance 2/3 of Congress would have overturned his veto and also the fact it aided lenders and laid out new rules. But throwing him under the bus because you lobbied for and GOT exactly what the entire left-leaning populace of America WANTED???

And let’s talk about the pot and the kettle. Our government has been AHEAD of the national ‘craze’ in borrowing….it’s been borrowing against itself since 1837, LONG before people were mortgaging money they didn’t have. I don’t like the fact Bush is bending toward Congress in his last months. If it was 2007, I would honestly fear a tax increase at this point, but such a radical policy change will not happen.

So in the end I simply call out CNN….pick a side. You are throwing Bush under the bus for the housing/mortgage crisis (which he had nothing to do with) and throwing him under a bigger bus for signing stimulus packages to help end it (hence increasing the red on the ledger.) You can’t have both, and if the left’s solution involves the words TAX INCREASE then I know you also can’t be realistic. So I bring you the following:

THE MORE YOU KNOW>>>>

I’ll close with something I’ll start to do more regularly….‘The More You Know’ Saturday morning cartoon link. Do you KNOW this history of taxation in our country? Do you know enough to understand how increasing both individual and corporate taxes takes money out of your pocket from your paycheck AND makes your cost of living higher? The way people are dry-humping Obama you would think at least half the country didn’t understand this. Here’s a history on American taxation….

http://www.ustreas.gov/education/fact-sheets/taxes/ustax.shtml

Stay informed and do your research!! Go McCain in’08. No tax hikes, no more entitlements for those too uneducated to manage their own money.