novatownhall blog

Where you are held accountable for your convictions and record

Browsing Posts tagged Socialism

I liked this satirical picture from Dan Mitchell’s site so much that I wanted to share it with you all here. Question of the day: Is it is more compassionate to give away other people’s money or did Jesus intend for us to feed the poor and donate our own money using our own free will?

by jacob
Previously in the article “Republican Ideas” I laid out four items that I believe would weld the Republican party a coalition that could win elections. They were

1. Kill the terrorists before they kill us
2. Give us back our money
3. Zero Earmarks
4. Obey all of the Constitution

I am thinking that this list is too complex. It also has the wrong priorities. Therefore I will provide a simpler list:

1. Zero Earmarks
2. Cut Spending

The reason I have shortened the list is that our own deficit is far more destructive that anything the Islamic Trolls can do. Also, taxes, while important are not the root of the evil. When government spending eats up three to five percent of our GDP, as it did the first 150 years our country existed, a bad tax policy is not an issue. When government, Federal-State-Local is easting up over 40% of our GDP as it does today, a good tax policy is not possible.

At all three levels of government we must reduce government spending. This cannot happen until the pork-barrel spending, today referred to as earmarks, is eliminated. Politicians who engage in earmarks should be eliminated during primary season. This of course requires our electorate to focus on what their representatives are doing in Leesburg, Richmond and Washington; in that order.

A simple approach is to ask our current and future representatives at all three levels of government to sign a ‘No Earmarks’ pledge. This forces them to take a position that we can hold them accountable for. I can see a solid man like Tag Greason signing this pledge and living up to it. I cannot imagine any of the current crop of big spenders on our Board of Supervisors signing such a pledge. Refusal to sign the pledge is a statement in itself. One conservatives can use to pummel our BOS into submitting to the will of the people, or to be shown the door on election day.

It is not possible to enact a law that makes earmarks or pork illegal. In a real sense ‘bringing home the bacon’ is a lot like pornography. You really cannot define it, but you know it when you see it.

We as a nation spend too much. Our government at all three levels spends too much. The issue is not taxes. The issue is spending. If expenditures exceed revenues you are on an unsustainable path. There are no miracles. The state, if it bails out the county is then in the same position, except on a bigger scale. If the Federal government steps in, then it too is in the same fiscally unsustainable position. Raising taxes forever is not a solution either. The Laffer curve shows clearly that once taxes go beyond a given percentage of income, the rate of growth in revenues declines.

Therefore the only choice is to have the courage to cut spending. This requires that the elected politician, at whatever level of government, must have the spine to stand up to the special interests, and reduce spending. Such a stance is not political suicide, such a stance will earn the gratitude of the 40% of the country that is self identified as conservative, and most of the moderates. The 20% of the country that is self identified as liberal will fret and whine; but most conservatives see such and revel in it.

Fiscal Sanity
The road to fiscal sanity requires we as a nation must recognize what is it that government should do, what it can do, and what it should not do. The constitution in Article 1, Section B outlines the 21 activities that are in the purview of the federal government. The 9th and 10th Amendments basically say unless it is specifically permitted, it is forbidden for congress to do. It would serve our nation well if over a period of years we bring the government into line with the Constitution our Congress and President have sworn to uphold.

At the State and local level the problems are both more complex, but easier to fix. First of all the state and local governments have more latitude than the Federal. Therefore pinning them down is harder. However, on the flip side what is the proper role of our state and local government can be restricted more readily by the fact that unlike the Federal government, they cannot print more money.

We as conservatives have a long road ahead of us. The culture is being taught to be dependent on government for things that the people really should be doing for themselves. This is the fault of conservatives. That is correct, it is our fault. The conservative’s motto can be summed up as ‘leave me the hell alone’, the trouble with this mindset is that we have then left the field wide open to those values and world views that are antithetical to liberty. Socialism is slavery, what else can dependence be? We must speak to this reality in the public square, and this must be the guiding principal for all future legislation, and choice of candidates. It may take more than 20 years of fiscal conservative activism to undo the damage of 80 years of progressive rule in our country. While this is daunting, it must be done.

Okay, it has been a while. I haven’t posted anything in a long time and mostly because things were already being said well enough already. One thing has not. The White House thief has stolen billions from retired folk by changing the rules.

Most of the garbage I see from the present administration is just the same garbage I would see from any liberal administration … granted, they are more so into taking money from one group and giving it to another, but generally just more of the same.

But now BO has distinguished himself by stealing from retired people, young people saving for their children’s college, stealing from just plain folk that trusted that the rules don’t change once the game is under way.

GM bond holders are not big corporate greed machines. There are some institutional holders (retirement funds and such) but a lot of individual investors also heldĀ  GM “secured bonds”. What pray-tell are secured bonds? They are bonds that are to be paid first and foremost in the event of a bankruptcy. That is the way the law has always read, but that is not what this administration has allowed to happen. What is supposed to be the most secure investment (secured bonds) turned out to be a very bad risk, not because if GM were forced into a normal bankruptcy that the bonds would not have been paid, but because BO stank up the place.

People who relied on the security of the bonds are being shafted by the administration so they can “rescue” the union, take over the company, and do so with impunity. Stealing from retired people if you ask me. Those that invested in what used to be low risk, beware. Retired people, beware. BO changed the rules, and now what was low risk (secured bonds) is no longer low risk. It used to be that if the company went under, the assets would be sold, and the first debt paid would be secured bonds. So even if the company owed money to suppliers, the bond holders were secure as long as what was owned was more than their loans totaled. Now even secured bond holders are not much (if any) better off that stock holders.

The BO stinks in this. He is the one that put the full court press on getting this railroaded through. The nerve of him calling an 84-year-old retire man greedy for wanting to keep even the principle of the $20,000 he had invested in GM bonds. The BO stinks … he takes money from retired people to pay back the unions that gave him so much money during the election.

Let’s hope the country finally gets enough of this guy … let’s hope (and work) to make sure when the next election comes around to save the country from the likes of him.

Someone finally looked at the great depression, and figured out that FDR had nothing to do with the recovery, and likely caused the depression to last 7 years longer than it should.

The Dems got it wrong before, and they will get it wrong again if they are in office. Do we really want economic melt down yet again? The socialism of FDR kept the country from recovery until the war got him out of trouble. We don’t need the Dems needing another war to get us out of a slowdown.