A vote of no confidence:

Thursday – August 25, 2011

A vote of no Confidence:

The President said, on July 3, 2008 that then President George Bush, “has a credit card from the bank of China, in the name of our children”, while he was complaining about the 4 trillion dollars that Bush had added to the National Debt during his entire 8 year presidency. He was campaigning against the spending and the waste then.

Fast forward 3 years and you will find that the President has added 4 trillion in his presidency so far in his first term. The CBO announced that there would be another trillion dollars added to the debt next year alone. So, let’s get this straight. President Bush added 4 trillion dollars in 8 years and this president has added 4 trillion dollars in just under his first three years and counting. This is an important scenario and one that should be highlighted whenever the economy is discussed. This is the reason the economy is not moving forward.

The CBO came out yesterday and announced that unemployment would be at a rate of 8.5 % for the next three years. This, coupled with the debt that keeps on soaring, is why many of the CEOs in the country are starting to give the President a vote of no confidence.

The Democrats were trying to make George Bush a one term President. They failed. Now the Democrats are complaining that the Republicans and the Tea Party are trying to make Obama a one term President. What’s the difference? There is no difference, it’s just the politics. But one thing does remain clear. The president campaigned on his theory of how economics works and he is now being proved wrong. This is why it is OK to give a vote of no confidence now.

The CEO of Starbucks, Howard Schults, has asked other CEO’s of great American companies not to give campaign donations to anyone in elected office until the balance sheet is cleared. I give this a vote of confidence. This is the start of a movement that should be encouraged. People donate large amounts of money to politicians for two reasons: access and influence. If more people would do the same as Schults is asking for then the influence and access that is gained through political donations will come to a halt. Maybe then people will get the message that it’s not about partisanship, it should be about citizenship.

The vote of no confidence is being felt in every corner of the economy lately. The president is meeting with business leaders for suggestions on what to do. What the president should be doing is meeting with those of us who are self employed and who run small businesses on Main Street to get a perspective of why there is a no confidence vote.

Part of the vote of no confidence is due to government regulations that hamper business growth and jobs growth. The CBO just came out with a new figure regulations are now 10% of GDP. I hate to be so dry with the figures I used yesterday and today, but these figures tell a story and these figures are the reason why there is now a vote of no confidence.

The EPA is about to come out with new regulations that would have been put into law if the Congress passed the cap and trade legislation. The EPA is usurping Congress and their ability to vote down bad legislation. The EPA will now add these regulations that will cost American industry billions. This money will go up the smoke stacks instead of down the drain.

The CBO just announced that there will be a reduction of 10 billion dollars in regulations, while the EPA and other agencies will enact new regulations that total 9.5 billion dollars in new cost to business. Where is the savings, it’s just a wash. There are new regulations on the amount of dust that can be allowed in the air, there are new regulations on the height of fences on cattle farms. These type of regulations tie business up instead of freeing business up to expand and create jobs.

There are 6.2 million Americans that have been out of work for 6 months. 7.33 million Americans are collecting unemployment insurance. In 2011 the Obama administration has proposed 340 new regulations at the cost of 65 billion dollars to business. No wonder there is a vote of no confidence. A new poll says that only 26% of Americans now favor how the president is handling the economy. This number is the lowest it has ever been. 2.4 million Job’s have been lost since the president took office a new record of job losses in any presidency. And we are supposed to be patient while we are told that things will work out. This administration is the first in 100 years to have more academics than business people among the ranks of advisors and cabinet members. Maybe this is part of the problem and another reason to give a vote of no confidence.

With all these new figures we are still not looking at the regulations that will be added into the economy under Obama-care and the new Dodd - Frank banking regulations bill that hasn’t even taken affect yet. One question I have is why is it possible that Chris Dodd and Barney Frank are still able to write new legislation when it was their original legislation that caused all this economic uncertainty in the first place?

There will be at least 59 more months of 8.5% or more unemployment that the CBO report is now projecting. The CBO also said that an additional 3 trillion dollars will be added to the debt on top of the 4 trillion the president has already accumulated. On July 3rd of 2008, the president said the amount of debt that has been accumulated under Bush was “irresponsible and unpatriotic.” I will use these words to describe this administration now.

I will use these words as a way to describe the administrators that legislate through the offices they hold in the bureaucracies such as the EPA that make law through the regulations they enact. The Congress is the only body in the government that can make law. Our government was originally designed through the system of checks and balances to prevent the things that are happening today in these agencies. I proposed a plan last week that would audit every agency and the charters that put them in business originally. What I think we would find would be the root of how government grows and how our money has literally disappeared.

A vote of no confidence on the part of every American has to be taken now so that our entire government goes through the house cleaning process that is now needed. This is why we must vote in new Representatives that are wise and realize just how prosperity works and how to grow the prosperity that is needed to take the government back from the few that regulate and that stealthily has taken our freedoms away.

When government and the people who operate the government through administrative functions consolidate ideology and start to legislate we must be prepared to call them “irresponsible and unpatriotic” and we must be prepared to take a vote of no confidence.
Jefferson wrote to Gideon Granger in 1800: "I do verily believe that a single, consolidated government would become the most corrupt government on the earth."
Gregory C. Dildilian
Founder and Executive Director
Pinecone Conservatives

A footnote: Let’s stimulate the patriotic forces necessary to make a no confidence vote and rid the agency bureaucrat and the politicians from the offices they hold. This is the only way that will ensure that our government serves us and not the bureaucracies that now rule our lives.