For sane people, this should be a no brainer , but we are talking Obama and his communist thugs. They are determined to destroy this country one way or the other. What better way than to run up a debt so large that it can never be paid?
Now some may say, well so what! Others may say that well...we will just print money. Oh sure, hyper-inflation will follow, and it’ll take a bushel basket full of money to buy a loaf of bread, but we’ll get by. (Yes, there really are people saying that!)
But there are other more serious issues people need to think about. As we get further in debt, we lose our influence in the world. It used to be that much of the world made policy based on how the United States would feel about it, how we would react. That is quickly going by the wayside.
Now I know the radical left hate America and love the fact that America won’t be "bullying" the rest of the world. But as an American, I like the idea that other nations respect, and yes, even fear us. That keeps everything fair. Keeps us from being screwed over. Keeps us relatively safe and secure!
As we run out of money, we lose the ability to defend our nation. Never mind making war, basic national defense is very expensive. Of course, Obama and his band of lunatics just as soon turn over United States sovereignty to the United Nations and be done with it, creating some sort of one world government. Another subject to discuss another time
Back in the real world, as the greatest nation on earth, we are the target of a lot of hate, just because we are the best. Thus, we need adequate defense. The radical left, headed by Obama, will absolutely hinder our ability to defend ourselves, with his incredible debt.
It also means, at some point, we’ll have so much debt that taxes will have to be raised, thus hurting the economy even more. We are already reaching a point where just the interest on our debt is more than our entire national defense budget!
Think about THAT for a minute!!
The bad thing is Obama and his people absolutely hate capitalism, and hate business. They have already made the U.S. a hostile environment for business. Their insane plans will only send more companies overseas to countries that have more favorable business environments.
Of course, the biggest casualty in all of this would be personal liberty and freedom. The government, though higher taxes, and insane Obama programs, will control more and more of our lives.
Our money won’t go as far, severely effecting our quality of life. That’s what communism is, shared misery.
Before I ramble on more though, lets listen to what Sarah has to say:
Freedom, Influence, Security Shrink as Budget Balloons
The White House recently announced its pricey Childhood Obesity Initiative to tell us what we should feed our kids. Helpful I’m sure – but most Americans would rather see government focus on other important areas right now. We know what our kids should eat: more healthy food, less junk food. There – we just saved Washington a ton of money by announcing that finding on personal responsibility.
What does demand our full attention is the newly released $3,800,000,000,000 federal budget. The president and Congress have a huge job tackling the problem staring right at us as we look at a budget we obviously can’t afford. America’s freedom and security are endangered as we become beholden to other nations, thanks to ballooning deficits and debt. One congressman just warned that our nation may become insolvent if we don’t make better decisions starting now. As noted in a New York Times article today, unless "miraculous growth" or miraculous unforeseen change is on the horizon, America’s freedom, influence, and security will continue to erode. (Personally, at this point I believe it wouldn’t hurt to ramp up our nation’s humble request for the divine miraculous change and wisdom we’ll need to see us through.)
Getting our arms around this will take all of us working together, making sacrifices, taking more personal responsibility, and sending elected leaders to Washington that we can trust. That’s why some of us may come across as strident in our efforts to call out the White House and Congress. We want to trust you, Washington; we want to work with you, but we cannot stomach some of the things being rammed down our throats. Your actions to pile on more debt make no sense, so we must question your motives and intentions. For instance, there’s just no room for expensive, dangerous, and unsustainable new initiatives like Obamacare, Cap and Tax, and a dramatically expanded federal payroll. These government-growing proposals will obviously cause more problems than they’ll solve. They are just further steps towards insolvency.
Steps towards insolvency are steps away from freedom. They’re steps towards destruction. It’s the reason we ask why we should swallow what's coming out of Washington.
The Wall Street Journal has a brilliant column by Gerald Seib today. It reads in part:The U.S. government this year will borrow one of every three dollars it spends, with many of those funds coming from foreign countries. That weakens America’s standing and its freedom to act; strengthens China and other world powers including cash-rich oil producers; puts long-term defense spending at risk; undermines the power of the American system as a model for developing countries; and reduces the aura of power that has been a great intangible asset for presidents for more than a century.
"We’ve reached a point now where there’s an intimate link between our solvency and our national security," says Richard Haass, president of the Council on Foreign Relations and a senior national-security adviser in both the first and second Bush presidencies. "What’s so discouraging is that our domestic politics don’t seem to be up to the challenge. And the whole world is watching."
In the 21st-century world order, the classic, narrow definition of national-security threats already has expanded in ways that make traditional foreign-policy thinking antiquated. The list of American security concerns now includes dependence on foreign oil and global warming, for example.
Consider just four of the ways that budget deficits also threaten American’s national security:
• They make America vulnerable to foreign pressures.
The U.S. has about $7.5 trillion in accumulated debt held by the public, about half of that in the hands of investors abroad.
Aside from the fact that each American next year will chip in more than $800 just to pay interest on this debt, that situation means America’s government is dependent on the largesse of foreign creditors and subject to the whims of international financial markets. A foreign government, through the actions of its central bank, could put pressure on the U.S. in a way its military never could. Even under a more benign scenario, a debt-ridden U.S. is vulnerable to a run on the American dollar that begins abroad.
Either way, Mr. Haass says, "it reduces our independence."
• Chinese power is growing as a result.
A lot of the deficit is being financed by China, which is selling the U.S. many billions of dollars of manufactured goods, then lending the accumulated dollars back to the U.S. The IOUs are stacking up in Beijing.
So far this has been a mutually beneficial arrangement, but it is slowly increasing Chinese leverage over American consumers and the American government. At some point, the U.S. may have to bend its policies before either an implicit or explicit Chinese threat to stop the merry-go-round.
Just this weekend, for example, the U.S. angered China by agreeing to sell Taiwan $6.4 billion in arms. At some point, will the U.S. face economic servitude to China that would make such a policy decision impossible?
Please read the rest of Seib’s column here. Our out-of-control spending is weakening our country. We can no longer afford to kick the can down the road to the next generation. We need to have a serious discussion about our spending priorities before it's too late. Commonsense conservatives have a sincere desire to work with the White House on these challenges, and we’re thankful for those in Congress making the offer to help.
- Sarah Palin
This is a real crisis, not the phony baloney, plastic banana, good time rock and roll kind of crisis the radical left likes to make up to force people to do their bidding. You know, things like the "health care crisis" so they can seize control of much of our economy, and "global warming" the Greatest Lie Ever Told © so they can seize control of everything else!
Nope, our out of control spending, without any regard to the dangers, is a crisis that will destroy our nation, the greatest nation ever to exist on earth. Mankind’s last best hope. Never forget that the demise of America will be the demise of liberty and freedom for all of mankind.
Something that suits progressives, like Barack Obama and his kind, just fine.