Posted on 03/01/2013 9:06:48 AM PST by edpc
At midnight tonight, a bevy of steep spending cuts will hit the federal government unless Congress and the White House agree to an alternative deficit-cutting proposal. Although the national media has been relentlessly focused on this deadline, Mayor Michael Bloomberg said it will only affect New York City if the so-called sequestration continues for a significant length of time.
(Excerpt) Read more at politicker.com ...
If your biggest lenders greatest needs include land, resources, and food.....it becomes YOUR problem. After all, you can no longer provide a monetary return on the investment and that's all you have to offer.
Perhaps crushing you with debt is seen as a better alternative than direct confrontation.
This liberal moron bloomberg can go stick the big sodas he banned up his nose.
I will drink a 32 oz soda to celebrate the sequestor.
"Ideas have consequences." - Weaver
The principles and ideas underlying America's Constitutional limits on grants of power to elected officials led to individual freedom, opportunity, creativity, wealth creation, and a refuge for oppressed persons from all over the world.
The "liberal" movement which began in the late 1800's, now self-described as the "progressive" movement has brought America's citizens and their economy to this point.
So-called "progressives," in their arrogant and overwhelming desire for accumulation of power for themselves, readily acknowledge the taxing power as a useful tool for restraining motivation toward what they deem to be undesirable behavior.
On the other hand, they deny the certain fact that "taking," or taxing productive citizens also discourages and restrains opportunity and motivation toward productivity, wealth creation, and saving.
Democrats, under Obama, now have endangered the liberty of millions yet unborn with their illogical arguments on behalf of "taking" and "redistributing" the earnings of hard-working Americans. They claim they are "taking care" of those who elected them. Their "taking care" amounts to enslaving every citizen, born and unborn, for generations to come.
Their claims would fall on deaf ears, if most citizens understood their Constitution's limits on the powers of government. Hear what some of the wise Founders and Framers of America's Constitution said about the policies of today's "progressive" Democrats.
"To preserve [the] independence [of the people,] we must not let our rulers load us with perpetual debt. We must make our election between economy and liberty, or profusion and servitude. If we run into such debts as that we must be taxed in our meat and in our drink, in our necessaries and our comforts, in our labors and our amusements, for our callings and our creeds, as the people of England are, our people, like them, must come to labor sixteen hours in the twenty-four, give the earnings of fifteen of these to the government for their debts and daily expenses, and the sixteenth being insufficient to afford us bread, we must live, as they now do, on oatmeal and potatoes, have no time to think, no means of calling the mismanagers to account, but be glad to obtain subsistence by hiring ourselves to rivet their chains on the necks of our fellow-sufferers." --Thomas Jefferson to Samuel Kercheval, 1816. ME 15:39
"I deem [this one of] the essential principles of our government and consequently [one] which ought to shape its administration:... The honest payment of our debts and sacred preservation of the public faith." --Thomas Jefferson: 1st Inaugural, 1801. ME 3:322
"I sincerely believe... that the principle of spending money to be paid by posterity under the name of funding is but swindling futurity on a large scale." --Thomas Jefferson to John Taylor, 1816. ME 15:23
"[With the decline of society] begins, indeed, the bellum omnium in omnia [war of all against all], which some philosophers observing to be so general in this world, have mistaken it for the natural, instead of the abusive state of man. And the fore horse of this frightful team is public debt. Taxation follows that, and in its train wretchedness and oppression." --Thomas Jefferson to Samuel Kercheval, 1816. ME 15:40
"Is it now high time for the people of this country to explicitly declare whether they will be free men or slaves. It is an important question which ought to be decided. It concerns more than anything in this life. The salvation of our souls is interested in this event. For wherever tyranny is established, immorality of every kind comes in like a torrent, it is in the interest of tyrants to reduce the people to ignorance and vice. - Samuel Adams
And:
The utopian schemes of leveling and a community of goods, are as visionary and impractical as those which vest all property in the crown. These ideas are arbitrary, despotic, and, in our government unconstitutional. - Samuel Adams
Here is a man who should be economically sophisticated, and he says something idiotic. Don’t worry they will just keep lending us money .... He leaves out the fact that even a small rise in interest rates will crush the budget.
But then this is a man who believes the government has so much time and money to burn they are wasting it on preventing a 2 liter soda with a pizza delivery.
“Money is no problem” Bloomberg said it’s ‘not like your household’.
WHY wouldn’t any one vote for him?????????
money is no object, especially when its someone else’s
I loved Governor Scott Walker’s analogy:
Imagine your credit card company raises your card limit to $1,000,000. So you go out and spend $1,000,000 on yourself, maxing out your card. At the end of the month the bill comes and you hand it to your granddaughter and say, “Here’s the bill - - look how much you owe.” The next month, the credit card company extends your limit an additional $1,000,000. Rinse and repeat.
The scumbag Democrats are fine and dandy with that mentality. Just wow.
HEAR! HEAR! Harken, unto this fellow! Lest ye turn an ear, be that of a Patriot...
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