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Thread: The Sequester: Budget Crisis or Manufactured Crisis?

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    Hatha Sunahara's Avatar
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    The Sequester: Budget Crisis or Manufactured Crisis?

    One can conclude from reading this (below) that the government's spending problem arises from the fact that they have unlimited credit provided by the Fed. And, since the taxpayers are liable for repayment of all that borrowed money, the congress should represent the interests of the people who are responsible for repaying that debt. But the government irresponsibly represents the interests of the owners of the Fed. Therefore it would be reasonable to argue that the taxpayers are being taxed without representation.

    Now, if the government didn't have unlimited credit provided by the Fed, we wouldn't have this spending problem, would we? Doesn't that argue for getting rid of the Fed? The Fed merely enables all forms of government excess. But that was the plan 100 years ago, wasn't it?



    http://www.1800politics.com/the-sequ...ctured-crisis/

    Published by Jedidiah Bressman on February 28, 2013


    Our government is set to spend $3.5 trillion this year and we are having a “budget crisis” over $85 billion in cuts and even if these cuts were to be made, they would not be from existing programs. They will be cut from money guaranteed to agencies. For example, if the Department of Agriculture was supposed to receive five billion dollars, but only received two billion, that would be considered a cut for the sequester. So does the Obama administration want to make a big deal out of this sequester? Because they have a created a country in which they must keep them in a constant state of worry and fear. If they did not the American people would be able to look into the sequester, and see that it was not a big deal.

    What is the craziest part of the entire idea of the sequester is that the president wants to blame republicans for the looming sequester. However, the idea of the sequester originated from the White House. How does the president keep his name out of it? Obama keeps campaigning for his ideas and if he maintains to the public that the republicans are to blame, then the media will back him and so will the American people. However, they need to understand that they are being brainwashed into becoming a part of the Obama tragedy. This tragedy is where the government tries to legislate prosperity to those who are not as ‘lucky’ as those who have money. Then he passes laws into affect that lead the people on to believe one thing, but then another happens. Must I remind you about Obamacare? “This is not a tax,” Obama emphatically stated. However, what did the Supreme Court rule? They ruled that Obamacare was a tax and it did not do anything close to what they president wanted! We now see that the program is under-funded. Now they are asking for money!


    In this country we do not have an income problem, we have a spending problem. While the president says that we need to tax the rich more and make them pay their fair share, which would not solve the problem. According to multiple sources, if the government were to tax the top two percent of Americans at 100%, it would run the government for less than a month. So, how is it that we cannot find somewhere to cut spending? Why can’t we cut some of the president’s vacations? He seems content on taking multiple trips on the taxpayer’s dime. I am not content with him spending time golfing with Tiger Woods. He should be spending time in the White House, not spending my money, but working on reducing the debt.

    Finally, how can he blame republicans? The senate has not passed a budget since Obama has become president. Maybe the sequester is the kick that Obama needs to make some compromise with republicans on the topic of spending cuts.

    Hatha
    Cosmic justice is getting what you deserve.

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