Posted on 04/10/2011 8:17:55 AM PDT by unseen1
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In an interview last night on Fox News, Gov Palin stated that the Paul Ryan budget was a good start. She thanked him for having the political courage to bring the budget issues to the debate. However, she went further than any other potential POTUS candidate in calling for more and quicker cuts than even Paul Ryan's budget. In one interview, Gov Palin has positioned herself has the most fiscal conservative of the possible candidates. Her leaving her state with $12 billion surplus lends even more weight to her argument. The massive surplus in AK that Gov Palin left the state with shows that Gov Palin not only talks about fiscal conservative issue on the stump, when given the power she practices it. She cut overall spending by 9.5% during boom times in AK. She also requested 86% less earmarks from the federal government.
In the interview she also calls for standing firm and NOT increasing the debt limit in the coming months, returning the federal government to its core fiscal duties.
It is becoming increasingly apparent that when it comes to fiscal issues, Gov Palin represents a sea change in thinking among the Gop leaders. Time after time Gov Palin shows she is a Reaganite on issue after issue. She is in words and deeds calling for a return of Reaganism. If she is nominated, the Gop party will go into Nov 2012 as the party talking about Reaganomics once more instead of the party of Bush crony capitalism.
Transcript of interview on 2012 budget items:
Question: In that regard we have got Paul Ryan who is now proposong $5 trillion in cuts over the next 10 years. I think if he is saying $5 trillion then nothing is off the table, Medicaid, medicare. I mean what do you think about this. Is everything fair game? Palin: Everything is fair game. Nothing should be off the table. We can't afford to take anything off the table. We have to make sure National defense is fully funded, that's number 1. From there, we put everything on the table and make some good choices and good priorities of where the dollars should go. But remember Judge again we are bringing in $6 billion a day. Out of that $6 billion, if we service our debt, if we fund national security and constitutionally mandated services, just the essentials. We do that first and then there doesn't have to be a shutdown, just because politicians are claiming that there would be a shutdown if we don't increase the debt limit. As for Representative's Ryan's proposal, his roadmap, it's good. It's a great start. Unfortunately, it doesn't really dig into the debt and get our arms around it. Or stop the deficit spending practice that we have become unfortunately accustomed too for still a long time down the road. But it is a great start, he showed a lot of courage and he is spending some political capital in proposing it. I support it. I'm glad he is going to do it. I just wish we could be more aggressive and do this quicker because if not we are going to be beholden to other countries, who will own us. They will own our debt. We will be less free. We will be less secure. At least Representative Ryan's proposal gets us on the right track towards solvency.
question: But Governor, even Social security? Do you think that might be a bit too drastic?
Palin: Absolutely not. It's necessary. It's like a pyramid scheme or a Ponzi scheme right now. There are going to be fewer payers paying into the system then there are recipients. Something has got to change. So we can't just say social security is that third rail of politics that can't be touched. No, that and Medicaid, Medicare, all the entitlements programs and of course the discretionary spending, all of that has to be on the table. Otherwise, Judge, there will be no social security net, there will be no Medicaid or Medicare or anything else. There will be no entitlement programs because our country will be underwater. We will be bankrupt. We will be beholden to and owned by other countries if we don't put everything on the table
Looks like budget cuts are coming whether folks like it or not. The Congress had a chance to maintain our financial system and credibility but instead, this is coming in July. If QE3 follows QE2, the referenced article says we can expect month over month inflation to be approximately 5% to 10% or 100% per year... can anyone say "Currency Crisis?" or "Weimar Republic?"
In a very few months, one brand of insanity or another is going to come to visit. Palin already has seen these numbers and is getting out in front of the wave.
Huff and puff. What an intellectually bankrupt comment.
Folks like you are going to find fault with Palin, no matter what she says or does.
She could win the nomination, go on to win the general, then reverse the last 100 years of the leftist agenda in her first 100 days in office, and you’d STILL find something to criticize her for.
that be hilarious, that be like sticking a fork in the media’s eye. “See this? Just in case some of you in the media are birthers”
no you have your pompoms hidden
With 22 Dem Senate seats up for relection in 2012, you don’t think we can peel off some to our side to take these issues seriously on the floor. Of course the far left is going to fight every penny and demagogue the issues. The Ryan budget is pretty moderate in terms of dollar amounts...it is the big ideas of reforming entitlements and tackling Obamacare that are the hard part. This lays out our sides position, and we go from there. I am sure there is going to be compromise for 2012. There has to be when the other party is at the table. I am pretty sure Ryan is aware of that.
As far as your thoughts on Palin, this is what leaders do. Much like Ryan and Pence, she is laying out an opening position, and it is one that pretty much anyone on our side agrees with. The Ryan budget is a great start, but only is a start. We have massive budget problems, and this is just the beginning. If we pretend like Ryan’s is the far right position, we have a tougher road, it has to be sold as a serious and reasonable proposal to win over a good part of the population.
I agree in principle, but not in practice. I think that the government needs to have a fixed allowance in the ratio of money vs. population size (like so much per capita), but that’s problematic too. I like the sentiment, because government needs to fit in it’s bounds, not bounds expanding to fit government. If I’m saying that right... hopefully I did.
testy testy
http://barbaricthoughts.blogspot.com/2009/08/alaskan-fisherman.html
By Dewie Whetsell, Alaskan Fisherman. (As posted in comments on Gretas article referencing the MOVEON ad about Sarah Palin) :
The last 45 of my 66 years Ive spent in a commercial fishing town in Alaska. I understand Alaska politics but never understood national politics well until this last year. Heres the breaking point: Neither side of the Palin controversy gets it Its not about persona, style, rhetoric, its about doing things. Even Palin supporters never mention the things that Im about to mention here.
1- Democrats forget when Palin was the Darling of the Democrats, because as soon as Palin took the Governors office away from a fellow Republican and tough SOB, Frank Murkowski, she tore into the Republicans Corrupt Bastards Club (CBC) and sent them packing. Many of them are now residing in State housing and wearing orange jump suits. The Democrats reacted by skipping around the yard, throwing confetti and singing la la la la (well, you know how they are). Name another governor in this country that has ever done anything similar. But while youre thinking, Ill continue.
2- Now with the CBC gone, there were fewer Alaskan politicians to protect the huge, giant oil companies here. So, she constructed and enacted a new system of splitting the oil profits called ACES. Exxon (the biggest corporation in the world) protested and Sarah told them dont let the door hit you in the stern on your way out. They stayed, and Alaska residents went from being merely wealthy to being filthy rich. Of course the other huge international oil companies meekly fell in line. Again, give me the name of any other governor in the country that has done anything similar.
3- The other thing she did when she walked into the governors office is she got the list of State requests for federal funding for projects, known as pork. She went through the list, took 85% of them and placed them in the when-hell-freezes-over stack. She let locals know that if we need something built, well pay for it ourselves. Maybe she figured she could use the money she got from selling the previous governors jet because it was extravagant. Maybe she could use the money she saved by dismissing the governors cook (remarking that she could cook for her own family), giving back the State vehicle issued to her, maintaining that she already had a car, and dismissing her State provided security force (never mentioningI imaginethat shes packing heat herself). Im still waiting to hear the names of those other governors.
4- Now, even with her much-ridiculed gosh and golly mannerism, she also managed to put together a totally new approach to getting a natural gas pipeline built which will be the biggest private construction project in the history of North America. No one else could do it although they tried. If that doesnt impress you, then youre trying too hard to be unimpressed while watching her do things like this while baking up a batch of brownies with her other hand.
5- For 30 years, Exxon held a lease to do exploratory drilling at a place called Point Thompson. They made excuses the entire time why they couldnt start drilling. In truth they were holding it like an investment. No governor for 30 years could make them get started. This summer, she told them she was revoking their lease and kicking them out. They protested and threatened court action. She shrugged and reminded them that she knew the way to the court house. Alaska won again.
6- President Obama wants the nation to be on 25% renewable resources for electricity by 2025. Sarah went to the legislature and submitted her plan for Alaska to be at 50% renewables by 2025. We are already at 25%. I can give you more specifics about things done, as opposed to style and persona . Everybody wants to be cool, sound cool, look cool. But thats just a cover-up. Im still waiting to hear from liberals the names of other governors who can match what mine has done in two and a half years. I wont be holding my breath.
By the way, she was content to to return to AK after the national election and go to work, but the haters wouldnt let her. Now these adolescent screechers are obviously not scuba divers. And no one ever told them what happens when you continually jab and pester a barracuda. Without warning, it will spin around and tear your face off. Shoulda known better.
“End Socialism Now.”
I like it.
“When a middle class family with an income of 100k loses an effective 40% every year to taxes that is NOT freedom that is slavery to the government.”
And a sizable portion gets a refund, with no payment at all! The problem is that it’s been about 6-7 generations since we’ve had many of our freedoms, and at that time, a whole segment of the population had none. So it’s (freedom) a more foreign concept to each passing generation. And that, is why the public education system NEEDS to GO, too!*
*(No one has ever accused me of not having an opinion.)
How Palin Beat Alaska’s Establishment
http://online.wsj.com/article/NA_WSJ_PUB:SB122057381593001741.html
Some old articles.
I think it was Palin who introduced a bill which ensured that any spending bove $1k are posted online for transparency purposes
Very encouraging but national defence has to be on the table as well. The deficit is that bad. What does “fully funded” for national defence mean?
Where has Mitt been in all the budget debates? His strength as a candidate is supposed to be his economic knowledge. Complete silence.
Good article. I like Ryan, his plan is a great improvement over anything the older heads in congress are proposing, but Palin is right.
Ryan is a good guy, but I don’t think we can solve this problem without actually devolving entire departments back to the states or even eliminating them entirely. Energy, Education, Agriculture, these should definitely be on the table. I’d like to find the politician who is willing to look at Interior too. These all bring the government into control of areas where they have no business.
Ryan’s plan is a good one for what it is, which is to slowly ramp down the debt. But it leaves aside the assumptions for another day that have infected this government over the last century and guarantee that we will be right back here next year and the year after. As long as we continue to expect the same things from the federal government we will continue to get the same outcomes.
Unfortunately for you, you are the guy who isn't serious.
Read this thread:
http://www.freerepublic.com/focus/chat/2702514/posts
The following chart says it all. The Feds aggressive Treasury monetization has been the causa proxima (90-percent correlation) to the peddle-to-the-metal Minsky Meltup in commodities. I suspected this would be the effect but confess I did not believe the Fed and could be so irrational as to attempt it, especially with the blowback evident by year end. Though I am one of the most persistent critics of the Fed, this exceeded even my worst fears. This is what Bernanke refers to as temporary inflation. Nor did I anticipate the markets ignoring such clear and present danger. The transmission of this inflation disease appears to take about six months, which corresponds to the MIT price survey I have been using. It, too, now shows that inflation is in full swing.
The question now: When does the meltup switch into a full-fledged meltdown of the global economy? In spite of all warning signs that the Fed has ignored over the past few months, the switchover is now transmitting at such a rapid pace that it could happen in either one great shock or in a series. In my view, the 320 level on the CRB was more than enough to trigger the switch, and it corresponds with the first riots in Tunisia and then Egypt. If the Fed continues its purchases, we can calculate that each new $100 billion of Treasury purchased will add about 5 percent to the commodity index and $7 to oil. It takes four weeks for the Fed to purchase $100 billion in Treasuries. What a game of chicken being played out and right before our eyes! You can sense the collision, flying glass, blood, and bones at almost any moment. If the Fed desists or scales down its Treasury buying, the stark trillion dollar question becomes who will buy them?
This means approx. 7% inflation per month!!!!!!
And, when QE2 ends, then no one will be around who is interested in buying Dollars that have fallen in value by 50% by July verses last September.
Get it, we need a plan, and now becuase folks haven't dealt with the reality in this fiscal year where they cut only $38 Billion for the rest of this fiscal year while spending $54 Billion of new debt 70% of which was simply printed money.. you get the idea of the magnitude of the awe crap that is coming here now, and in a way that cannot be stopped.. just avoided for a few more days while the criminals figure our how to loot the wealth of America a few more days.. then we will all be sold into slavery like Joseph did to the Egyptians when there was no food and no money, so he took their land and possessions and made everyone slaves to the Pharaoh.
*..sizzleen mean..* Ouch!
bkmk
“fully funded” is political speech for wiggle room. I take it to mean the wars and soldiers are funded, missle defense is funded, and any advanced wepaons programs that show progress is funded.
Palin has stated in other interviews that the defense dept would have to justify their funding and she is sure waste and abuse is in the defense dept. but unlike say the libs she doesn’t think we should strip defense to pay for these programs or balance our budget.
Thanks, and I agree I think Palin is attempting to change the entire focus of converation not just the $ size of the discussion..
IMO, the Republicans damaged their negotiating position when they took shut down off the table. That is the difference between Gov Palin's approach to negotiation and the current Pubs.
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