Posted on 01/16/2012 9:00:16 PM PST by TBBT
Newt Gingrich was as tough as nails, and deserved extra praise for not taking Juan Williams’s race-baiting. “No, I don’t see that.” Every person who believes in a color-blind society, especially tonight, ought to thank Newt for that. He then went on to show (again) he will be able to challenge President Barack Obama on nearly every fact and anecdote that could come up should they ever debate. The standing ovation he received was more than well deserved. To paraphrase a little: When he is right, he is great. The ongoing problem is when he is wrong. But tonight he was right — about a lot, and said it better than anyone.
(Excerpt) Read more at nationalreview.com ...
Opps- I meant see my posts here:
You are right: I didn’t get it. What I didn’t hear was “- - - Romney said that he will cut federal spending .” When did he say it? What was he going to cut? Was it a cut in Baseline Federal spending, or just reducing the rate of increase in Federal spending?
It is one thing to say “we have to get our fiscal house in order,” and quite another to “cut spending to equal our income.” Newt said the latter last night, but Romney is to timid to even think out loud about reducing the size of the libs Nanny State.
We do not need a timid Mitt at the helm to steer the Ship of State, we need a battle-scared Warrior.
” - - - - If the federal government were to cut a federal program and use all the savings - - - “
” - - - - Now here’s a question for you: what percentages of debt must be retired in order to keep federal government functioning adequately? - - - “
There are no “savings,” only profit and loss. Federal politicians have kept the US Federal Government in the loss column for almost 80 years. Our “Balance Sheet” is the Total National Debt which says that we are 52 Trillion dollars in debt, but the Federal politicians use the 15 Trillion dollar debt number.
Your question to me implies that the Federal Government stays at it’s current size, or continues to grow at the current rate of growth. Currently, the Federal Government is not “functioning adequately” because is has to borrow 40 % of the money it spends from sales of promissory notes (bonds) to anybody who actually believes that you and I and our descendants will have any money left to pay them back.
All your examples address the problem correctly, IF the Entitlement Plantation is to be kept at it’s current level.
However, the US Federal Government is now in the early stages of a financial death spiral, and the 40 % of Federal spending that goes to fertilize it is essentially what the promissory notes are used for.
In short, the Federal income is barely adequate to maintain the essential, NON-Welfare functions of Government.
To oversimplify, the Chinese are paying for The New Deal (FDR’s SSS), The Great Society (LBJ’s Medicare and Medicaid), Food Stamps (Nixon), No Child Left Behind (GWB), and all the rest of our Welfare System, including the illegal Obama”care.”
BTW, what we have here is a “Welfare Bubble,” and nobody seems to realize that we have been sitting on pins and needles for a very long time.
Yes, money is the mother's milk of politics.
It is also a good idea to buy bumper stickers and yard signs. The eyeball count for bumper stickers can be quite high, especially if they are put in eye-catching places on a vehicle.
If one is willing to stomach such fatuous sites as Facebook or Twitter, it would be a good idea to voice support in those venues also.
You’re right!
Sometimes, like children, adults need to know it’s OK. So now it’s OK. Let’s cross our fingers for Florida. I expect it will just get easier, especially, when the TEA Party folks begin to line up behind Newt.
It’s the Day for ABR!
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