The same old song!

Thursday – April 14, 2011 The same old song! Where is the reform? Where is the economy of a strong fiscal deficit reduction program? We got the pomp and the ceremony and unfortunately, it ended with the same old song. The president played the same old name blame game. The president surprised few and confirmed the worst fears of many, yesterday, when he gave his non-prime time speech at George Washington University. He was disingenuous and he accomplished the goal of playing to his left wing buddies. We have heard all the pros and all the cons of the president’s plan. We heard the words of Lincoln. We have heard from the Republicans and the Democrats. No surprise in their comments. It is right versus left. This was the first speech of his 2012 presidential campaign. He demonized business, while at the same time allowing laws to continue that eliminate taxes on profits from corporate overseas earnings, some of which have contributed heavily to the Democratic Party. For example, General Electric has made millions in overseas profits, because the law says they are exempt from paying millions in taxes. The president wants the rich to pay more in taxes. This part of the old song will not work, because we have fewer richer people than we did six years ago. How can we say to future generations that we want to strategically invest in their future and at the same time give them the bill for the choices this government makes on their behalf? This is the definition of what deficit spending is. The latest retail sales numbers were released yesterday. The new figures are the lowest in nine months. This is a sure sign that consumers are now holding on to their cash and not spending their cash in stores. I believe that we are now entering a stagflation cycle like we had in the 70’s. Remember Jimmy Carter’s approach to the economy? It’s the same old song that was sung then, as we heard it sung yesterday. There were 412,000 new weekly jobless claims last week up by 27,000. I heard an interview with Congresswoman Eddie Bernice Johnson yesterday. She is a Democrat from the State of Texas. It was the most inane unstructured presentation of the facts that I have ever heard. Her use of the English language was alarming and it was a symptom of the illogical approach that we have by office holders that design our laws and vote to pass our laws. It was the same old song of progressive liberals that get to remain in office by giving away our prosperity to keep certain Americans dependant and in need of government services all for what, a voting base that continues to rob from our posterity. What we heard yesterday was just politics, with no desire to save the union and save the fiscal strength of our country. The president’s speech and his policies are irresponsible because they will lead to a diminished future by exploiting fears of the weak. The president had a moment in time yesterday where he could have made a difference. But as we all saw it was the same old song. This time he was really absent. Even the Vice President was caught on tape napping while the speech was singing the same old song. The president in essence said that he favors punishing achievement. He in essence said that he is on the same course that he started on when he became president. He says he has learned but he keeps singing the same old song. The new budget that he House Progressives released is called the People’s Budget. The question I have is: what kind of people are we? Are we going to let the government take away our wealth and property, because some others deserve access? What kind of people allows their government to come up with a People’s Budget that strips wealth away from the producers? What kind of people encourages the politics of envy and encourages class warfare? What kind of people blindly follow elected officials? What kind of politician can blindly lie to a constituency through false statistics with a false premise? They are called Progressive Liberals. I heard nothing but hyperbolae and platitudes from the president and unfortunately, from many who spoke yesterday. It’s the same old song. This country is broke. This country must reign in its spending today and not tomorrow. We can no longer kick the can down the road singing the same old song. Americans should ask and demand that there be transparency in all government spending going forward. We should not blindly pay our taxes and let the crooks say they are investing in our future. A few things to consider: We should insist that government spending goes back to the spending levels of 2008 for five years and cut redundant programs to eliminate wasted cost. This approach would keep the debt ceiling from going up when it becomes a convenient excuse to borrow more money. We should insist on a flat tax or a consumption tax, or have a three bracket tax system, that has the rich paying a bit more than the poor pay, every one must pay their fair share of tax. This would reduce every loop hole in the tax code and eliminate the 48% of Americans that don’t pay one cent of tax to the federal government. We should insist that the government give vouchers for healthcare and let the market compete for business through quality service and cost. We should revamp the social security system that give moor benefits to the very poor and that gives less to the very rich. This includes Medicare and Medicaid. These are just a few things to consider that would put our financial house in order. We are just as guilty in singing that same old song when we let the same old politics play out for another generation to bail out. If this were 235 years ago our government would have been shown the exit doors yesterday by way of the pitch fork. Where are the Americans that knew the difference from a government that hides the facts for its own benefit and that could articulate what the real facts are that threatens our liberties today? Patrick Henry said: “The liberties of a people never were, nor ever will be, secure, when the transactions of their rulers may be concealed from them.” Need I say more! Gregory C. Dildilian Founder and Executive Director Pinecone Conservatives A footnote: The Political song should be for the betterment of the country and not for the betterment of self or party by those that serve. This is something that our next President should insist upon!