Thomas Sowell – Political Fables – The Truth Regarding Budgets & Fannie and Freddie

In today’s sound bite and limited to 140 character culture much has gotten lost in this “short hand”. While I rather not spend my time debating whether or not Obama, Nancy and Harry are Socialists or whether their policies are Socialistic in design because too much time is wasted on defining the term “Socialist”……. Republicans actually can be lumped in with Obama, Nancy and Harry as all of them are growing the size of the Federal government. The issue isn’t who should be taxed more, the issue really is everyone is taxed too much……. the issue is spending, the “government” has too much money period.

The current “short hand” (actually this has been going on for some time) as well has allowed the blame and credit for deficits, spending and taxation to be associated to different POTUS…… Nixon did this…… Carter did that…… OMG, Reagan did that….. Bush ’41 didn’t do ……. Clinton had a surplus…… Bush ’43 did that….. and Obama has spent……

Guess what folks…… this short hand is really stupid…… the POTUS can’t spend a dime. ALL spending bills start in the House of Representatives and ALL taxes are voted into law by Congress…… simple and factual……. just go read your country’s Constitution…… please go read the Constitution……..

So when people say Clinton left office with surplus (actually it was ONLY on paper btw), it was the Republicans who where in charge of the purse strings……..

The Republicans won a majority for the 104th Congress (1995 was when they received the “keys to the car”) and held a majority until the 110th Congress (which was sworn in January of 2007). An interesting discussion can be made when the Republicans “lost their way” but certainly a good case be made in the early 1900′s. But it can’t be argued that by the 109th Congress (2005-2007) there were far more “RINO” Republicans (RINO = Republican In Name Only) than any other time in the history of the House of Representatives. The Republican Congresses (the 108th and 109th Congresses especially) were actually spending more than the Democrats.

It can not be debated as well both parties have been marching the United States toward a much larger central government…… it is just at what “speed”/pace we have been marching. What can be debated is whether corporations, the “military complex” or a welfare state benefit more from which Party…….

….. all of this spending is all about power…… control the purse strings and you have the power…….

And the real issue is spending……

Enough of my ranting……. this piece by Thomas Sowell does a much better explaining than I ever could……. wake up “We The People”….. Until someone stops spending we are only going to fall deeper into the abyss……..

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