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Buckley's 'Modest Proposal' Would Erase 18 Percent Of The Federal Budget
Forbes ^ | January 12, 2015 | George Leef

Posted on 01/12/2015 1:13:43 PM PST by reaganaut1

click here to read article


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To: reaganaut1

Would be a good START.


21 posted on 01/12/2015 2:50:54 PM PST by Secret Agent Man (Gone Galt; Not averse to Going Bronson.)
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To: DesertRhino

The given choice was Romney or Obama.

Between the two, I wouldn’t be as concerned about the future of the country as I am now if Romney was elected.


22 posted on 01/12/2015 2:58:44 PM PST by research99
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To: BenLurkin

I was ready to bet you $1,000 that Dirksen said ‘a million here, a million there.’

Now it hardly seems worth it.


23 posted on 01/12/2015 3:02:17 PM PST by Fightin Whitey
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To: reaganaut1
large portion of that spending should never have been permitted because giving money to state and local governments is not among the powers granted to Congress.

The trend lately in the FEDGOV is to do whatever you want, and then make the other branches take some action to stop you; if they dare. And then they don't dare. And so on and so forth. The Constitution is only as good as it is obeyed. It never really had a mechanism of enforcement.

24 posted on 01/12/2015 3:15:27 PM PST by Alas Babylon!
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To: upchuck

good history of that frequently referred to quote.


25 posted on 01/12/2015 3:19:11 PM PST by KC Burke (I know my screen name says KC but I'm in AZ now!)
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To: reaganaut1

don’t forget grants and funds for non-government orgs and stuff

like PBS, NPR and Planned Parenthood.


26 posted on 01/12/2015 3:21:37 PM PST by GeronL
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To: Dr. Sivana

don’t replace it, just spend less

fix potholes instead of buying buses and trains


27 posted on 01/12/2015 3:22:37 PM PST by GeronL
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To: research99

After RomneyCare, he didn’t deserve those votes


28 posted on 01/12/2015 3:23:33 PM PST by GeronL
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To: DesertRhino

“One id like to see is to stop all interest payments to the Federal reserve. “

You’re too late. That’s always been the case since the Fed was organized. Interest payments that the Fed receives on its Treasury paper gets returned directly to the Treasury. A very small portion goes for payroll and routine operational expense but that’s it.

The Fed isn’t a private bank. It’s a hybrid public/private organization created by an act of Congress. It controls its holdings of Treasury paper but it doesn’t own them. Its Treasury holdings are a tool that it uses for adjusting the money supply in the banking system.

When the Fed buys Treasuries from banks what it is really doing is converting illiquid Treasury paper into loanable dollars. It monetizes Treasury debt. That’s the “creating dollars out of thin air” that you speak of. It’s a change of state as opposed to a creation out of nothing. When the Fed sells its Treasury paper to banks it soaks up dollars out of the banking system, reducing the money supply.


29 posted on 01/12/2015 3:53:44 PM PST by Pelham (WWIII. Islam vs the West)
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To: reaganaut1

Federal money is a drug and the States need a 12 step program!


30 posted on 01/12/2015 4:21:46 PM PST by mistfree (It's a very uncreative man who can't think of more than one way to spell a word.)
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To: nikos1121
We need a CEO for president.
Two names.
  1. Herbert Hoover (started the New Deal, tho he didn’t call it that. FDR lambasted him for the rest of FDR’s life as the cause of the Great Depression - but doubled down on exactly what Hoover started. At least until Hitler scared FDR straight, ending the Depression by starting the wartime buildup - and stalling the New Deal - upon the Fall of France in May 1940).

  2. Jimmy Carter.

31 posted on 01/12/2015 5:02:38 PM PST by conservatism_IS_compassion ("Liberalism” is a conspiracy against the public by wire-service journalism.)
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To: DesertRhino

He would have been worse. Republicans would oppose Romney even less than they oppose Obutthole.


32 posted on 01/12/2015 6:07:37 PM PST by jospehm20
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To: conservatism_IS_compassion

What the heck was Carter a CEO of?


33 posted on 01/12/2015 9:53:54 PM PST by Impy (They pull a knife, you pull a gun. That's the CHICAGO WAY, and that's how you beat the rats!)
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To: BillyBoy; AuH2ORepublican; fieldmarshaldj

Ev Dirksen was perhaps our finest Senate leader and might be the last good Senator ever elected from Illinois.


34 posted on 01/12/2015 9:55:34 PM PST by Impy (They pull a knife, you pull a gun. That's the CHICAGO WAY, and that's how you beat the rats!)
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To: BillyBoy; AuH2ORepublican; fieldmarshaldj

Other than Peter Fitzgerald of course. Sigh.


35 posted on 01/12/2015 9:57:53 PM PST by Impy (They pull a knife, you pull a gun. That's the CHICAGO WAY, and that's how you beat the rats!)
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To: nikos1121

Like Milt, Dubya and Hoover? No thanks.


36 posted on 01/12/2015 10:08:00 PM PST by 2ndDivisionVet (The question isn't who is going to let me; it's who is going to stop me.)
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To: 2ndDivisionVet

Herbert Hoover- not a CEO.

He became very wealthy as a professional mining engineer. During WWI he volunteered to run an American agency dedicated to preventing starvation in war ravaged Europe, and then served as Secretary of Commerce under Harding and Coolidge.

He became President without ever having won an elected office before.


37 posted on 01/13/2015 12:03:46 AM PST by Pelham (WWIII. Islam vs the West)
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To: Impy

Governor of Georgia if that counts.


38 posted on 01/13/2015 12:23:19 AM PST by Pelham (WWIII. Islam vs the West)
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To: conservatism_IS_compassion

Hoover was a mining engineer.


39 posted on 01/13/2015 12:24:05 AM PST by Pelham (WWIII. Islam vs the West)
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To: Impy

Marigolds.

Whatever good he did he undid with his role in passing Johnson’s civil rights bill.


40 posted on 01/13/2015 12:26:42 AM PST by Pelham (WWIII. Islam vs the West)
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