They just don't stop, do they?
House Minority Leader Nancy Pelosi said Sunday that Democrats have already made plenty of spending cuts, but re-stated her party’s willingness to agree to a mix of cuts and tax increases to avoid $85 billion in spending cuts set to kick in next month.
“What we do need is more revenue and new cuts,” the California congresswoman told “Fox News Sunday.”
Pelosi also called the cuts, known as sequester, a “bad idea all around.”
Then why did you and your caucus approve it in 2011? You do remember that, right Nancy?
It seems that memories are damned short in Washington DC. Real short, when you start talking about what people voted for. And in this case Pelosi did vote for these cuts -- as did the rest of the caucus.
Arizona Republican Sen. John McCain told Fox on Sunday that Republicans just agreed to tax increases during a recent budget standoff but suggested he might be open to closing some tax loopholes.
He also urged both parties to work together to avoid sequester, which will result in big cuts to the defense budget.
“I’ll take responsibility as a Republican, but we’ve got to avoid it” said McCain, the top Republican on the Senate Armed Services Committee. “The world is a very dangerous place.”
And your caucus voted for it too!
Ms. Senile over there, along with Mr. McInsane, wish that we would forget.
But I do not forget. I remember. I remember that neither political party would make the changes in the fiscal policy necessary two years ago. I remember quite well people like Cathy McMorris-Rodgers, who talked up a good line right until the rubber hit the road, and then she, like Boehner and rest, folded as the bunch of spineless wimps that they are.
I remember both that the Bush Treasury lied as to their intention for the TARP bailout money (disclosed under oath by Kashkari in a hearing on Capitol Hill; they had already decided not to buy "toxic assets" before Congress passed the bill) and that Bernanke was caught pulling system liquidity into the maw of the Lehman collapse while telling everyone he was doing the opposite, never mind his repeated claims that he would not "monetize the debt" yet he has done exactly that. We can also talk about Tim Geithner and the entirety of the FOMC, who knew in 2008 that Turbo Timmy stood accused of passing inside information to the banksters prior ot the discount rate cut in August and yet everyone remained both silent and complicit in that act up until the transcripts were released.
The number of people who have been charged with lying to Congress and prosecuted over these events? Zero.
Worse, Congress took this "deal" to "fix" the budget problem in 2011 and then did nothing about it for a year and a half, but now this very same Congress is bleating that the day is upon us when every opportunity existed over that year and a half to have a thoughtful, public debate about how we stop deficit spending.
See, there really are only two ways to do it -- you can spend a hell of a lot less or tax a hell of a lot more. Either path removes the artificial "demand" in the economy, which means both cause GDP to contract, at least in the short term. And let's not kid ourselves; both sides of the aisle are equally guilty when it comes to writing checks they cannot cash.
At its core the spending problem is all centered not in the places that everyone screams about (e.g. welfare, Social Security, defense and the like) but rather in the medical industry. It is there that we must focus our attention and make immediate and dramatic changes, but there is not even a debate on this matter taking place today.
Any attempt to do so is either deflected or ignored despite a few people such as myself that have been spilling much digital ink for years, because without addressing this issue none of the rest matters.
Oh, and let's not kid ourselves about Obamacare: It makes the problem worse.
It's great political fun to commit financial anal******upon our youth, who cannot vote and thus have no voice, when it comes to these issues. Both parties deserve to see their political epitaphs written by those very same youth who simply erect their middle finger and refuse to pay for that which they did not consent to, nor do they want. The political class is doing a great job of guaranteeing that they'll do it too; right about the time that everything they have and earn is attached for delinquent student loans they're likely to find out that youth, vigor and the middle finger all come together, and that abused people eventually reach their breaking point -- you either destroy their spirit in which case you can't collect as they don't produce anything, or they rise up and destroy you in one form or another -- sometimes politically, sometimes financially and sometimes physically.
Slavery is only a stable form of existence for those in bondage so long as they have something left to lose and the cost of breaking that bondage exceeds the cost of remaining in chains. There comes a point where the people have had enough, and that day is approaching. Those who believe that these "fine folks" in DC can simply order up their jackbooted thugs to go forth and crush the resistance should pay careful attention to what one man is doing out in Los Angeles.
Chris Dorner has exposed the soft underbelly of the beast: The government and its agents no longer exist to serve and protect the public -- they now commit literally any offense upon the common man for their own political aggrandizement or survival -- including attempting to murder citizens on the flimsiest of pretext.
Not one of the LAPD involved in those shootings at innocent people is under arrest just as not one big bankster, Fedhead or politician has faced the music for what was done in the years leading up to 2008 -- or their acts since!
Yet we still have politicians of all stripes, and so-called "civil servants", who believe that the people will rise and "come together" when they need it?
You're joking, right?
The legacy of the LAPD shooting wildly at two vehicles that had nothing to do with the guy who declared war on them will be and should be a gigantic middle finger erected in the direction not only of the LAPD but of all "police forces" nationwide, with the exception being those agencies who immediately prosecute any and all such crimes as the common acts of thuggery that they are, with their respective chiefs and Sheriffs standing up to state here and now, before and after the fact, that such behavior will be treated as the precise same felony that it would be if a common person committed the same offense, whether that be forgery of documents in foreclosures, tossing flash-bangs on the laps of innocent kids or feloniously shooting wildly at people who have zero connection to a person you are trying to capture.
So far all I hear in that regard is..... crickets.
It is well past the time when we the people must demand that those in so-called "law enforcement" choose between law and order and sanction of lawless gangland behavior, whether the evil bastards committing the bad acts are doing so with guns or briefcases. We have hard proof in the form of bald admissions that the Justice Department will not criminally prosecute any company that it believes could impact "financial stability." This extends not only to money laundering but also to those firms who have admitted that they were selling crap securities and robbing people of everything they own -- including their house -- through knowingly-perjured and forged documents.
This is a raw declaration by our government that if you are a large bank or other "connected" entity you can literally order up murders and get away with at most a fine that is a puny percentage of your market capitalization.
There is no longer a reasonable presumption that just because someone wears the uniform of a federal, state or local law enforcement agency they're a good guy; indeed, the presumption is shifting rapidly to they're a bad guy and aiding someone in some sort of criminal enterprise -- if they're not engaged in one themselves. Countless acts of invading the wrong house at gunpoint, tossing flash-bang grenades onto couches and shooting through windows injuring or killing innocent people and now multiple officers wildly spraying bullets at innocent newspaper carriers are the acts of those engaged in war crimes and myriad felonies, not the acts of legitimate law enforcement.
The people didn't ask for this change to take place; the so-called "law enforcement agencies" committed all of these heinous acts on their own initiative and as such have nobody to blame but themselves for the consequence they now face.
If you're a politician and think you can just call out the jackboots to enforce your dictates you better rethink that strategy. People only cooperate with the government willingly when they think the government is doing good things. When they become convinced it's doing bad, evil things instead at best you get shunned.
At worst you create thousands of Christopher Dorners.
What's even worse when you look at the fiscal bottom line, and what both sides of the political aisle refuse to recognize, is that those who are takers, and yes, this includes all who are net consumers off the Federal budget, don't matter to the fiscal outcome. Only those who are net contributors matter. And the ranks of those people, due to the policies of DC, are shrinking by the day.
There is an "event horizon" on this dynamic that is quite impossible to detect in advance, but that it exists is a given. When it is reached impact with the fiscal singularity is no longer a possibility, it becomes a certainty as the spiral downward on revenue accelerates and the number of takers balloons.
If you don't see that dynamic playing out over the last few years, and thus deduce that we're quite close to that event horizon, you're not very bright.
