The sad part of all this debt is that we have very little show for it. We have a $109 TRILLION debt hole but our roads and bridges are falling apart. We have a $109 TRILLION debt hole and e still under educate our kids. We have a $109 TRILLION debt hole and we are looking at Medicare and Social Security going bankrupt.
Those October posts can be accessed at:
How did we get into this dire situation? Rather than have me explain it, let me allow a journalist, Charlie Reese, who used to write for the Orlando Sentinel newspaper, explain how the American political class has screwed us out of our future and our hard earned dollars:
Politicians are the only people in the world who create problems and then campaign against them.
Have you ever wondered, if both the Democrats and the Republicans are against deficits, WHY do we have deficits?
Have you ever wondered, if all the politicians are against inflation and high taxes, WHY do we have inflation and high taxes?
You and I don't propose a federal budget. The President does.
You and I don't have the Constitutional authority to vote on appropriations. The House of Representatives does.
You and I don't write the tax code, Congress does.
You and I don't set fiscal policy, Congress does.
You and I don't control monetary policy, the Federal Reserve Bank does.
One hundred senators, 435 congressmen, one President, and nine Supreme Court justices equates to 545 human beings out of the 300 million are directly, legally, morally, and individually responsible for the domestic problems that plague this country.
I excluded the members of the Federal Reserve Board because that problem was created by the Congress. In 1913, Congress delegated its Constitutional duty to provide a sound currency to a federally chartered, but private, central bank.
I excluded all the special interests and lobbyists for a sound reason. They have no legal authority. They have no ability to coerce a senator, a congressman, or a President to do one cotton-picking thing. I don't care if they offer a politician $1 million dollars in cash. The politician has the power to accept or reject it. No matter what the lobbyist promises, it is the legislator's responsibility to determine how he votes.
Those 545 human beings spend much of their energy convincing you that what they did is not their fault. They cooperate in this common con regardless of party.
What separates a politician from a normal human being is an excessive amount of gall. No normal human being would have the gall of a Speaker, who stood up and criticized the President for creating deficits.. ( The President can only propose a budget. He cannot force the Congress to accept it.)
The Constitution, which is the supreme law of the land, gives sole responsibility to the House of Representatives for originating and approving appropriations and taxes. Who is the speaker of the House?( John Boehner. He is the leader of the majority party. He and fellow House members, not the President, can approve any budget they want. ) If the President vetoes it, they can pass it over his veto if they agree to. [The House has passed a budget but the Senate has not approved a budget in over three years. The President's proposed budgets have gotten almost unanimous rejections in the Senate in that time. ]
It seems inconceivable to me that a nation of 300 million cannot replace 545 people who stand convicted -- by present facts -- of incompetence and irresponsibility. I can't think of a single domestic problem that is not traceable directly to those 545 people. When you fully grasp the plain truth that 545 people exercise the power of the federal government, then it must follow that what exists is what they want to exist.
If the tax code is unfair, it's because they want it unfair.
If the budget is in the red, it's because they want it in the red.
If the Army & Marines are in Iraq and Afghanistan it's because they want them in Iraq and Afghanistan ..
If they do not receive social security but are on an elite retirement plan not available to the people, it's because they want it that way.
There are no insoluble government problems.
Do not let these 545 people shift the blame to bureaucrats, whom they hire and whose jobs they can abolish; to lobbyists, whose gifts and advice they can reject; to regulators, to whom they give the power to regulate and from whom they can take this power.
Above all, do not let them con you into the belief that there exists disembodied mystical forces like "the economy," "inflation," or "politics" that prevent them from doing what they take an oath to do.
Those 545 people, and they alone, are responsible. They, and they alone, have the power.
They, and they alone, should be held accountable by the people who are their bosses. Provided the voters have the gumption to manage their own employees... We should vote all of them out of office and clean up their mess!
Great piece and summary by Mr. Reese. However, I could argue that it is not our politicians’ fault. It really is our fault. We are so busy fighting among ourselves on short term, minor issues that we forget that the enemy is the political class, not our neighbors, friends and co-workers who may have a different opinion than us. We have allowed our politicians to stay in office despite their pathetic performance and lack of success.
And as we fought among ourselves, we have allowed the political class to impose a variety or taxes on our hard earned money:
- The inheritance tax.
- Accounts Receivable Tax
- Building Permit Tax
- CDL license Tax
- Cigarette Tax
- Corporate Income Tax
- Dog License Tax
- Excise Taxes
- Federal Income Tax
- Federal Unemployment Tax (FUTA)
- Fishing License Tax
- Food License Tax
- Fuel Permit Tax
- Gasoline Tax
- Gross Receipts Tax
- Hunting License Tax
- Inheritance Tax
- Inventory Tax
- IRS Interest Charges IRS Penalties (tax on top of tax)
- Liquor Tax
- Luxury Taxes
- Marriage License Tax
- Medicare Tax
- Personal Property Tax
- Property Tax
- Real Estate Tax
- Service Charge Tax
- Social Security Tax
- Road Usage Tax
- Recreational Vehicle Tax
- Sales Tax
- School Tax
- State Income Tax
- State Unemployment Tax (SUTA)
- Telephone Federal Excise Tax
- Telephone Federal Universal Service Fee Tax
- Telephone Federal, State and Local Surcharge Taxes
- Telephone Minimum Usage Surcharge Tax
- Telephone Recurring and Nonrecurring Charges Tax
- Telephone State and Local Tax
- Telephone Usage Charge Tax
- Utility Taxes
- Vehicle License Registration Tax
- Vehicle Sales Tax
- Watercraft Registration Tax
- Well Permit Tax
- Workers Compensation Tax
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