Showing posts with label Debt.. Show all posts
Showing posts with label Debt.. Show all posts

Wednesday, December 17, 2014

Is the Ideological Right cannibalistic?

Noticed a new story today that Rand Paul was running an advertisement on the internet criticizing Jeb Bush for running for the office of the Presidency.  Now, ignoring for the moment that Bush has NOT yet decided to run (although it IS likely), how do you feel about one member of the right side of the aisle attacking ( not disagreeing) with another from the same side?

 I don't like this stuff one little bit. Yeah...I am so conservative that I have come to consider myself an anarchist. But that is an ideological point of view, not a physical one...that is, I have no intention of going out an harming anyone or interfering with their lives.
Given that, people on the right side of the aisle have gotten into the bad habit of not being able to compromise with those on our side. We all want the same thing, I think: good fiscal responsible government kept as small as is possible. After that, we spin off into our little favorite niches. And that is fine, too. EXCEPT that we do it publicly. It is like immature brothers fighting in the front yard...out there for everyone to see and it leaves a bad taste in the mouths of Independents and even some of those in our own ideological family. Are we so stupid as to think that one side can totally annihilate the other? Or should? We should by now realize that we need to stop acting stupidly,,,at least in public. I am a member of a local Tea Party. But that doesn't mean that I automatically brand anyone who is fiscally conservative but less so on the social issues as an enemy. I NEED THE BUDGET BALANCED. I NEED THE DEFICIT TO START TO COME DOWN. If that is being worked on, no matter at what speed, I can live with that. I CANNOT live with another Progressive, Socialist, Liberal Democrat in the White House. The whole idological right needs to be made to take a time-out, made to sit in the corner and get their collective heads on straight...or you are going to find yourselves living in a European Socialist type country with absolutely no opportunity to change it. Wake up....Please!

Friday, May 6, 2011

California could become our Greece

It is both entertaining and hopeful to focus on the now open Presidential Political Season. We will, of course, tire of it in time and whine about just getting it over with, but for now it is a chance for renewed hope and optimism...for some of us,at least. But there is an ugly threat on the horizon that threatens to make the storms in the South seem minor by comparison and that we have been "helped" to ignore by both the media and the politicians: the failure of California to take any steps to solve their insolvency.

If we are not careful, California will become to America what Greece is about to become to the European Union...a death knell and cause of economic catastrophe...we won't have to wait for the deficit bills to overwhelm us, California's failure will kick us over the cliff way earlier than that.

We all should follow what is happening in and with Greece if we want to see our own future. The European Union (EU) has rules against bailouts and debt restructuring, but that is apparently going to happen shortly. They (the EU) have already done this with Portugal...against their own rules. What does this mean? Well, Germany has indicated that they, if the process continues, will abandon the EU. Whether that happens or not (and the odds are that the German Electorate will demand it), the value of the Euro will plummet. 

Consider then our own beautiful state of California...

Known by some as "the land of fruits and nuts", they do not have a balanced budget. They have no (realistic) plan to balance their budget, and, if they were a public company, would no be rated as a penny stock with no value whatsoever. Yet they continue on unafraid and promising a continuation of the "free" lunch...oh, excuse me..."free" everything.

Guess who they will ultimately expect to pay for it? Yep You and Me! The rest of the United States. And we do not have the money to do it even if we decided it was right. But the worst thing (for California) is that we don't think it is the right thing to do. But...will Obama and the Congress declare that "California is TOO BIG TO FAIL." Where have we heard that one before.

Just think...a political decision that would accelerate our financial demise. Think it won't happen under President Obama? Really? What are you smoking...because I want some! And if you thing this can turn out well for the United States of America, just keep following the developments in the EU and Greece (and the other PIGS [Portugal, Ireland, Greece, Spain]).

It is absolutely as important to us as is the Presidential campaign.