Posted on 10/11/2009 3:28:57 PM PDT by combat_boots
I'm going to go back to this quote by Barney Frank of the US House, because it says everything those in state and local governments need to know:
Barney Frank, the Massachusetts Democrat who is chairman of the House Financial Services Committee, said in an interview that the defaults were, in essence, worth it.
“I don’t think it’s a bad thing that the bad loans occurred,” he said. “It was an effort to keep prices from falling too fast. That’s a policy.”
Got it? It's a policy to screw the state and local governments.
Huh, you say? It's simple, really: State and local governments rely on property tax revenues. Yet defaulted mortgages don't pay property taxes. Yes, there's a lien on the property but this doesn't help the municipal budget now.
And suffer they are:
Tax revenues used to pay teachers and fuel police cars continue to trail even the most pessimistic expectations, despite the cash from the economic stimulus plan pouring into state coffers.
"It's crazy. It's really just unbelievable," said Scott Pattison, executive
(Excerpt) Read more at market-ticker.denninger.net ...
Absolutely not. That type of thinking plays right into the hands of those who know that the strength of the US is in ALL the states being together.
Breaking up the country into states and regions is EXACTLY what those who want this country devolved into a non-entity, powerless and small, want for the future.
______________________
This is progressivist, centralized thinking — NOT the thinking of most of our Founders. NOT what the Constitution defined. NOT what Conservatives should affirm. This is the thinking of Statism and Empire, not States Rights and Republic!
How can Conservatives EVER win back office, much less save the nation, if some “Conservatives” are “big government, neo-Conservatives?” Restore the STATES to their rightful place, and that will FORCE Washington into THEIR rightful place! THREATEN secession, REGAIN 10th Amendment PROTECTIONS! SCARE Washington DC (and all those who reside therein) and ONLY THEN can we win!...
I’m starting to sound like Jesse Jackson’s white twin LOL
I’d much rather send the leeches elsewhere to their socialist utopia they have always dreamed about. There are plenty of other places they’d feel more “at home”.
The traditional fears of a constitutional convention are ungrounded. This is because any changes must be approved by 38 of the 50 States. There is just no possible way that 3/4ths of the State legislatures will approve any kind of radical changes.
Despite the conservative wish list of changes that we would like to see, the #1 priority of the individual States would be to restore the balance of power between the States and the federal government. Right now, they just imagine this in the reinforcement of the 10th Amendment; but as a convention became more realistic, they would likely change their starting point to the repeal of the 17th Amendment.
But where would they go from there? Again, from their point of view, they want the federal government to stop oppressing the States. This is very different from addressing the complaints of the people, other than by imagining the States as the spokesmen for their people, that is, that to get to the people, the federal government has to go through the States.
This creates a dilemma with the income tax, because the current constitution forbids the federal government from directly taxing the States, and there is no way the States would approve that.
A balanced budget amendment wouldn’t fool the States for a minute, because the federals have mastered the art of evading such restrictions with off budget items, multi-year contracts, mandatory appropriations, and other tricks.
And nobody trusts the POTUS enough to give them a line item veto.
So just to restore a balance between federalism and anti-federalism, the convention has its work cut out for it. To make matters much worse, they will have to consider amazingly unpopular things such as renouncing the US national debt, ending government largesse programs like SS, Medicare and Medicaid, and massive defense cuts.
The one thing the convention will not suffer from is radicalism. But getting 38 States to agree on anything will be like sweeping ants into a pile. So at least a year will be spent haggling, before a straw poll of legislatures will be affirmative enough to even attempt a vote.
BINGO! The money quote of the day! The states created this mess and the states could end it tomorrow. Decommission the Federal "government" NOW!!!
How about standing on a pile of dead liberals?
Nine clowns in bathrobes won't have much effect in the next revolution. They had best stay neutral...
That looked well-thought out.
I dont think the system does work. I think that is why we are seeing a big chasm between the people erupt like never before.
Nearly half the people love what is going on. You can talk about “we the people” all day but half those people want their free Obama money.
and whats to stop the federal government from crushing the first state to do this? The media will cry “coup” and “traitors” and you can bet they’ll be assassinations by the CIA and a large number of Union troops.
we already have a 10th amendment, what makes you think they’ll listen to another one?
A Constitutional Convention would be a disaster dominated by radical leftists.
Texas is now getting to be controlled by the left, little by little. I think Nebraska or Wyoming would be a better place for a conservative.
Socialists will stay in a free state. Look at history. They want to undermine it from the inside like they did to America. Thats why all those leftists who protested Vietnam became Professors et al.
Socialists believe in corrupting the institutions they want to destroy.
Agreed, and who likely stole the election via his leftist cohorts in ACORN.
The state doesn’t matter except that it be a state that basically leans conservative and one that we can make lean more conservative.
Texas may be leaning left now, but if every conservative in a liberal sweat hole were to pick up stakes and move, we could turn it solidly conservative again.
Also, I need an ocean.
On so many levels, you’re dreaming- you’re in la la land!
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