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This is a well informed article, as are all of the author's articles.
1 posted on 07/28/2011 6:10:47 AM PDT by Veritas_et_libertas
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To: Veritas_et_libertas

There is an old rule of thumb that if a fighter aircraft looks good, it is. I have questions about the F-35.


2 posted on 07/28/2011 6:21:10 AM PDT by fso301
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To: Veritas_et_libertas

Oops! Sorry for posting on the wrong thread.


3 posted on 07/28/2011 6:21:57 AM PDT by fso301
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To: Veritas_et_libertas

There’s an awful lotta “coulda, maybe, possibly” kinds of objections, along with a single study against a supermajority. I still remain supportive of a BBA.


5 posted on 07/28/2011 6:36:36 AM PDT by LS ("Castles made of sand, fall in the sea . . . eventually." (Hendrix))
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To: Veritas_et_libertas

A Constitutional Amendment, once ratified and adopted, cannot by definition later be found ‘unconstitutional’ and thrown out by any court.


6 posted on 07/28/2011 6:39:20 AM PDT by Yo-Yo (Is the /sarc tag really necessary?)
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To: Veritas_et_libertas
As George Mason University Economics Professor Walter E. Williams has pointed out when he's guest hosted Rush Limbaugh's show several times, EVERY budget Congress passes is a "balanced budget".

In the sense that Congress proposes taxes that will "pay" for the spending. And before the taxes ever get a chance to come in, the money is borrowed. Et voila, a "balanced budget"!

The Balanced Budget Amendment is nothing more than a veil we are telling polluticians we want placed over our own eyes.

It's the spending, stupid.

12 posted on 07/28/2011 6:53:20 AM PDT by Texas Eagle (If it wasn't for double-standards, Liberals would have no standards at all -- Texas Eagle)
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To: Veritas_et_libertas
Fourth and most seriously: A constitutional amendment allowing Congress to spend up to, say, 19% of GDP could concede the constitutionality of all of the thousands of federal domestic spending programs in effect when the federal government last spent under 19% of GDP (in the year 2001). Thus, programs that are now constitutionally suspect and subject to eventual court challenge could be constitutionally insulated by the amendment.

Indeed. It's a blank check for the government to do anything whatsoever up to that amount.

15 posted on 07/28/2011 7:08:23 AM PDT by Rider of the Storm
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To: Veritas_et_libertas
I would like a Constitutional amendment for balanced budgets, too, but we seem to have lost the ability to write them. Once upon a time, they were simple: "Alcohol's illegal". Then, "Alcohol's legal".

This thing was too complicated -- would provide livelihoods for too many lawyers.

17 posted on 07/28/2011 7:18:51 AM PDT by BfloGuy (There is no remedy for the inefficiency of public management. -- L. Von Mises)
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To: Veritas_et_libertas

We don’t need a BBA. All we need to do is put me in charge for a couple of years. ;)


18 posted on 07/28/2011 7:25:48 AM PDT by Joe Bfstplk
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