Jan
15
Hopefully everyone has been Hannitized a little bit more since reading my previous post, “This just in: Ron Paul is not a conservative? (Part 1)”
For the second part, let us continue to discuss the financial health of the country. The greatest threat to the greatest military power in the history of the earth is the value of its currency. And the greatest country in the world is about to become broke, should it continue down the path of financial irresponsibility.
The same advice is given to everyone by their parents and grandparents. Live within your means. You’ll dig yourself an early grave by being indebted to someone. Living within one’s means, is to live moderately by not overspending on the luxuries you can do without. It means that if you only make $2000 a month, it doesn’t make much sense to go out and by a car that costs $35,000. But many people do. The will take a 60 month loan and make minimum payments for 5 years by the end of which, if they haven’t completely ruined the car, the will try to trade it in or sell it for about $5000.
Of-course when making $2000 a month means that you’re most likely going to go and get a loan from your local bank in order to purchase a car even the bank knows you can’t afford. But they’ll lend it to you, calculating the risk you have. But if you were making, say $1500 a month or less more likely than not the bank will deny you the loan citing high risk due to income level. But what if the bank ignores the risk? What if the bank decides to give you the money that you want, with full knowledge that you probably won’t be able to pay it back? How great would that be? You could by a new car every year. And a better one than the year before. Hell you could by two of them! You’re smart enough to manage your money, so it should be all right. The bank manager knows you personally and figures you’ll pay it all back. No big deal.
What if the government in its infinite wisdom decided to do the same? What if the government had the capability of just borrowing whatever amount of money they need to support whatever special project they needed to fund?
Unless you’ve been living in a cave, the government does just that. It borrows money all the time. Lots of it. As of right now the national debt is at $9.2 trillion. Is there a limit? Even our personal banks, under the most relaxed liberal rules, will realize that if we had an income of $2000 a month and we had a $200,000 debt, our ability to borrow even a $100 has been eliminated. But the U.S. Congress continually votes to raise the amount of debt the government can have. Last November the debt ceiling was raised to $9.8 trillion.
How can we allow this to happen? Which presidential candidate is talking about the debt of the US? Which candidate is talking about cutting spending? The position taken by almost every Republican candidate on dealing with the national debt is to cut taxes. That’s it? Cutting taxes is our only way? Oh sure they’ll speak of cutting government spending left and right. But they won’t talk about what spending they will cut. Just spending. As if there was a lever that they will pull down and all of a sudden government spending will be reduced. No friends, there isn’t a breath of honesty coming out of them.
On the other hand there is one candidate that openly states that he will cut both taxes and spending, and doesn’t stop there. He tells us exactly what spending he will be cutting. He tells us the departments and programs of the federal government he wants to be rid off, not overnight of course (that’s physically impossible).
And the Hannitizer thinks, Dr. Paul isn’t conservative? If cutting the bloated tyrannical Department of Education which is ruining the education of millions of children, is not conservative. Then I don’t know what is. And please before you start expressing your feeling on how cutting the Dept. of Education means the children won’t learn, I suggest you start by reading this.
More to follow…
Great postings Hassan!
Ron Paul is one of the best things I’ve seen come out of politics. I wish the media would stop throwing their little jabs and editorials when mentioning him. Help us all if Hillary gets in office. People need to remember a true conservative is focused on Language, Borders and Culture!
I’m not worried if Hillary is in office, heck she will have Bill to help so you get 2 presidents for the price of one. People have forgotten the Clinton era of prosperity and balanced budgets.
What terrifies me is another GOP victory, which would end the USA as a superpower as unceremoniously as the collapse of the USSR.