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About face


I am continually amazed at our President’s brazen hypocrisy. As you know, President Obama authorized the bombing of Libya as a result of Gaddafi attacks on the opposition.  Let’s examine his past and present positions on unilateral authorization for military attacks.

Barack Obama,  said in late 2007:

“The President does not have power under the Constitution to unilaterally authorize a military attack in a situation that does not involve stopping an actual or imminent threat to the nation.” (Dec 20, 2007 Boston Globe)

Now, four years later he states that he has full constitutional authority to authorize a military act without approval from Congress:

“[I] directed these actions, which are in the national security and foreign policy interests of the United States, pursuant to my constitutional authority to conduct U.S. foreign relations and as Commander in Chief and Chief Executive.” (Today, in a letter to Congress)

Clearly by his 2007 definition, there was no actual or imminent threat to the United States.  So why the change in position?

I’m not debating the merits of the President Obama’s decision to bomb Libya, just merely pointing out his hypocrisy. When is he going to stop campaigning and start leading. Does he believe anything that he says? Does he have any guiding principles that he uses for making decisions or does he just follow the polls and popular opinion. Whether you are liberal or conservative his inconsistency and hypocrisy should be a concern for you.  If you don’t know what he believes or what he stands for how can you support him?

Read more: http://dailycaller.com/2011/03/21/webb-critical-of-obamas-libya-operation-this-isnt-the-way-that-our-system-is-supposed-on-work/#ixzz1HH0p7cbF

 
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Posted by on March 21, 2011 in Uncategorized

 

Getting involved


A bit dramatic, but it does make the point, the debt is a huge issue and we need to get involved to do something about it. Freedomworks.com is a great way to get involved in the political process. Their FreedomConnector is a great way to connect up with other conservatives who are active in your area.

 
 

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Does this concern you in the least bit?


I know I go on about balanced budgets and massive deficits, but it is because I think they are a real problem. It seems that neither party wants to address the elephant in the room, with the exception of a few individuals. This article by Jeffrey Anderson on the Weekly Standard site emphasizes the point, Mandatory Spending Exceeds all Federal Reveunes for Fiscal Year 2011

That’s right, the mandatory portion (medicare, social security) of the budget exceeds the revenue that the government will collect in 2011. That means that if we cut all discretionary (defense, interstate highways, homeland security) we would still run a deficit. As the article points out, just 4 years ago the Bush administration projected that this would occur in 2057. So much for accurate projections by the government experts.

We need to get serious about cutting spending and reforming entitlements now. Our representatives in Washington are dithering around talking about $60 billion or $100 billion in cuts which are essentially meaningless in light of the magnitude of the problem. In 2011 there is a $20 billion deficit between revenue and mandatory spending. When you add in the $207 billion interest payments the total is a $227 billions deficit before we spend $1 on discretionary spending and we can’t get agreement on a measly $100 billion in cuts. When you add in the discretionary spending the deficit is over $1.5 trillion. When are our representatives going to get serious about this issue. How long will they kick the can down the road?

Because the amount of money is so large, people lose perspective of the scale of the issue. To give you an idea of the scale, please check out this video from 10000 Pennies

I urge you to contact you Senators and Representatives and insist that they vote against another extension of the continuing resolution. Also, insist that they pursue significant budget cuts across the board.

 

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More on Herman Cain


I don’t know what his chances are in the 2012 election, but I hope that more people are learning about Herman Cain. I prefer a business leader or governor over a politician because of the management experience. Herman Cain has great credentials and he has a great story.

Matt Lewis published this article on Herman Cain on the Daily Caller, From the Back of the Bus to the White House. Take a look to learn more about Mr. Cain.

 
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Posted by on March 15, 2011 in 2012 Elections

 

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I don’t want this kind of trust fund


“Social Security tax receipts for the first half of 2010: $346.9 billion; Social Security benefits payments for the same period: $347.3 billion. Before this year, projections have always been that Social Security wouldn’t cross that line into negative cash flow for five years or so. Now it’s a reality. Congress has been spending Social Security’s positive cash flow for years. Now there’s no positive cash flow to spend.”

Michael Tanner of the Cato Institute “the Trust Fund contains no actual assets. The government bonds it holds are simply a form of IOU, a measure of how much money the government owes the system. It says nothing about where the government will get the money to pay back those IOUs.”  In other words, the Trust Fund doesn’t actually have any real money in it.”


I’ve posted a bit on my concerns with our governments unfunded liabilities. Social Security is a disaster in the making unless we undertake some serious reforms.  There are claims that the trust fund will keep Social Security solvent until 2037, that is of course if you don’t consider that there is no trust fund and the government will have to tax or borrow the money in order to pay it out.

Personally would like to see Social Security privatized while protecting those too close to retirement to take advantage of reforms. I would settle for some simple changes, such as rasing the retirement age and removing the income limit on contributions. When SSI was created the average life expectancy was about 62 or 63 years. The thought was the people would not draw on their SSI benefits for many years before they died. Now life expectancy exceeds the retirement age by roughly 15 years, which really screws up the actuarial calculations.

Others propose means testing, but I don’t agree with this approach because SSI is supposed to be insurance not welfare. If people pay in to the system for years, they deserve to get their money back. Otherwise we will reward bad behavior and penalize good behavior. An example, let’s say we have two workers who both average $75,000 in income for their lifetime and pay in pay roughly $500,000 (including employers contributions). Let’s say that worker 1 also saves 10% of his income in a 401K and invests wisely and is able to save another $1 million for his retirement. Worker 2 doesn’t contribute much to his 401K or personal savings, uses the cash to buy a Harley and a boat, and ends up with $100,000 in savings at retirement. We then apply means testing and Worker 1 gets nothing and Worker 2 gets nearly his full SSI benefit. Is this fair and reasonable, I think not.

To make matters worse, we have an Adminstration in the White House that this that there is not a problem and we don’t need to do anything about it.  The article by Charles Krauthammer sums things up nicely.

http://www.nationalreview.com/articles/261893/obama-s-social-security-hoax-charles-krauthammer

 

 
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Posted by on March 11, 2011 in Unfunded Liabilities

 

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Michael Moore is a genius


Not really! Mr. Moore believes that wealth is a national resource that belongs to all of us. So if you invest your money to start a business, work 80 hours a week for years to make ends meet and eventually become successful enough to be profitable and expand your business, then the wealth you earn is everyone’s. If you don’t use it they way he agrees, I suppose if he had the power, he would confiscate it.

He made this revelation in light of the debt problem. According the Michael we don’t have a debt problem. If the rich would just free up their capital, problem solved! As Mary Katherine Hamm points out in her tongue in cheek video he is very wrong!

I am amazed at the lack of understanding of basic economics demonstrated by Mr. Moore. I hope that many people don’t share his views. Not only is he wrong, but downright scary.

 
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Posted by on March 11, 2011 in Deficit

 

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So much for an unbiased media


First there was the Juan Williams firing, allegedly for his racist remarks (if you listened to the full conversation, they clearly were not racist), but more likely because he appeared on Fox News too many times.

Now this, comments from Ron Schiller a Senior VP and President of the NPR foundation. Watch the video for the details, but to summarize, Mr. Schiller vilifies middle america, particularly Republicans and Tea Party members as. His true feeling come to light and no doubt his views represent others at NPR who pretend to be fair and balanced.

Look, I have no problem if NPR wants to have a liberal bias, just be honest about it. Oh, and by the way, you don’t deserve my tax dollars to prop up your liberal bias. I don’t appreciate being called an ignorant, racist, religious wacko and then having to pay to support your programming. Let the far more educated progressive types pay for it out of their pockets.

 
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Posted by on March 8, 2011 in Media

 

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