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"Lawrence Dillard" wrote
I'm going to keep my campaign right here in America." Mr Bush had better start soon; he has quite a plateful of overseas issues to explain away, and possibly as many tough internal issues as well. The reason Bush won't be re-elected, is he has never vetoed a spending bill. He did the tax cut to give back the surplus, and then signed bills to spend the money anyway. Enron was an amateur comparably. I'm trying to get my representatives to sponsor a constitutional amendment that says basically, that the budget (as per the CBO) will be balanced two years out of seven. |
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On Sun, 21 Mar 2004 18:01:16 -0600, "D. Strang"
wrote: "Lawrence Dillard" wrote I'm going to keep my campaign right here in America." Mr Bush had better start soon; he has quite a plateful of overseas issues to explain away, and possibly as many tough internal issues as well. The reason Bush won't be re-elected, is he has never vetoed a spending bill. You state a fact but grossly over-simplify a conclusion. The Supreme Court has over-turned the "line-item" veto making it necessary to take bills in toto rather than excise specific pork items. The trend from Congress is increasingly to load up popular bills with amendments bringing home the bacon. Back-scratching between representatives/senators to guarantee passage of the principal bill means a load of budget-busters included. If we start with the essential truism that appropriations bills start in the house, the conclusion might be that it isn't the President that is creating budget problems. He did the tax cut to give back the surplus, and then signed bills to spend the money anyway. Enron was an amateur comparably. The Enron statement is a throw-away. A non-sequitur and inflammatory. The tax cut was not to "give back the surplus" but to stimulate the economy. The basic difference between conservative and liberal approaches to the economy is that conservatives tend to believe that individuals can best spend their own money. Signing bills is only part of the process. Congress initiates, debates, amends and then through passage reflects the "will of the electorate" when they send bills forward to the President. Culpability does not reside solely with the executive. I'm trying to get my representatives to sponsor a constitutional amendment that says basically, that the budget (as per the CBO) will be balanced two years out of seven. How very popular! But, impractical. First, the CBO is a suspiciously political instrument and motivated by other factors than pure accounting. Second, deficit spending is a necessary practice for both long term capital investment and to respond to unforeseen contingencies. Third, the ability to build infrastructure and pay it off in future year dollars will often mandate defiict spending. (We do it regularly in our personal budgets when we buy homes or cars.) Ed Rasimus Fighter Pilot (USAF-Ret) "When Thunder Rolled" Smithsonian Institution Press ISBN #1-58834-103-8 |
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![]() "Ed Rasimus" wrote in message ... You state a fact but grossly over-simplify a conclusion. The Supreme Court has over-turned the "line-item" veto making it necessary to take bills in toto rather than excise specific pork items. The trend from Congress is increasingly to load up popular bills with amendments bringing home the bacon. Back-scratching between representatives/senators to guarantee passage of the principal bill means a load of budget-busters included. Quite right. That vile tactic will continue as long as it is successful. Presidents need to veto these bills and make it clear why they're being vetoed. |
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"Ed Rasimus" wrote
"D. Strang" wrote: The reason Bush won't be re-elected, is he has never vetoed a spending bill. You state a fact but grossly over-simplify a conclusion. The Supreme Court has over-turned the "line-item" veto making it necessary to take bills in toto rather than excise specific pork items. The trend from Congress is increasingly to load up popular bills with amendments bringing home the bacon. Back-scratching between representatives/senators to guarantee passage of the principal bill means a load of budget-busters included. The White House (I'm not even blaming the President, but the whole Executive) seems to be saying; that, as long as we get our program through, then we really don't care what it costs. If we start with the essential truism that appropriations bills start in the house, the conclusion might be that it isn't the President that is creating budget problems. I believe it starts with the budget from the Executive, and snow-balls from that start. He did the tax cut to give back the surplus, and then signed bills to spend the money anyway. Enron was an amateur comparably. The Enron statement is a throw-away. A non-sequitur and inflammatory. Enron is synonymous with accounting schemes. Anything but the truth. We now operate on 10, 20, and 30 year plans. In 30 years we will balance the budget they say, but then can't even predict six months in advance on any specific chart leader. To top it off, we don't really know anything except what the debt is, because banks use computers. The tax cut was not to "give back the surplus" but to stimulate the economy. The basic difference between conservative and liberal approaches to the economy is that conservatives tend to believe that individuals can best spend their own money. You are simplifying too much. When the Republicans won the Executive, the Congress was spending the surplus in small ways. It was a great temptation. First, they needed to get rid of the surplus, and the debate about paying down the debt, lost out to giving everyone some money back. But then the market crashed. Nobody even remembers what they spent the $300 on, but it was probably imports at Wal-Mart. I'm trying to get my representatives to sponsor a constitutional amendment that says basically, that the budget (as per the CBO) will be balanced two years out of seven. How very popular! But, impractical. First, the CBO is a suspiciously political instrument and motivated by other factors than pure accounting. Second, deficit spending is a necessary practice for both long term capital investment and to respond to unforeseen contingencies. Third, the ability to build infrastructure and pay it off in future year dollars will often mandate defiict spending. (We do it regularly in our personal budgets when we buy homes or cars.) The only other measure would be "Percent of GDP", which is even more artistic. CBO is used in all Executive budget computations. Currently we are paying about 300 Billion a year in interest (300 Billion is the same as 6 million $50k a year jobs, or almost the same as what we budget for DOD. That's a lot of F-22's we could have bought. All of that makes sense until the debt number is written down. There's no way that 7,000 Billion can be compared with buying a new home or car. Time to pay off the debt, not spend more. |
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![]() Ed Rasimus wrote: On Sun, 21 Mar 2004 18:01:16 -0600, "D. Strang" wrote: "Lawrence Dillard" wrote I'm going to keep my campaign right here in America." Mr Bush had better start soon; he has quite a plateful of overseas issues to explain away, and possibly as many tough internal issues as well. The reason Bush won't be re-elected, is he has never vetoed a spending bill. You state a fact but grossly over-simplify a conclusion. The Supreme Court has over-turned the "line-item" veto making it necessary to take bills in toto rather than excise specific pork items. The trend from Congress is increasingly to load up popular bills with amendments bringing home the bacon. Back-scratching between representatives/senators to guarantee passage of the principal bill means a load of budget-busters included. If we start with the essential truism that appropriations bills start in the house, the conclusion might be that it isn't the President that is creating budget problems. He did the tax cut to give back the surplus, and then signed bills to spend the money anyway. Enron was an amateur comparably. The Enron statement is a throw-away. A non-sequitur and inflammatory. The tax cut was not to "give back the surplus" but to stimulate the economy. The basic difference between conservative and liberal approaches to the economy is that conservatives tend to believe that individuals can best spend their own money. Signing bills is only part of the process. Congress initiates, debates, amends and then through passage reflects the "will of the electorate" when they send bills forward to the President. Culpability does not reside solely with the executive. I'm trying to get my representatives to sponsor a constitutional amendment that says basically, that the budget (as per the CBO) will be balanced two years out of seven. How very popular! But, impractical. First, the CBO is a suspiciously political instrument and motivated by other factors than pure accounting. Second, deficit spending is a necessary practice for both long term capital investment and to respond to unforeseen contingencies. Third, the ability to build infrastructure and pay it off in future year dollars will often mandate defiict spending. (We do it regularly in our personal budgets when we buy homes or cars.) Ed Rasimus Fighter Pilot (USAF-Ret) "When Thunder Rolled" Smithsonian Institution Press ISBN #1-58834-103-8 Well, what about this statement from the Republican Party Platform? Reducing that debt is both a sound policy goal and a moral imperative. Our families and most states are required to balance their budgets; it is reasonable to assume the federal government should do the same. Therefore, we reaffirm our support for a constitutional amendment to require a balanced budget. Bob McKellar |
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On Mon, 22 Mar 2004 08:37:01 -0500, Bob McKellar
wrote: Well, what about this statement from the Republican Party Platform? Reducing that debt is both a sound policy goal and a moral imperative. Our families and most states are required to balance their budgets; it is reasonable to assume the federal government should do the same. Therefore, we reaffirm our support for a constitutional amendment to require a balanced budget. Bob McKellar It seems that somewhere about 18 months after that platform statement there was a little altercation in New York city that blew all economic predictions out the window (no puns intended.) To be realistic, platforms are statements of general principles. You'll also find statements in the Republican platform on right-to-life, school prayer, vouchers, tax rates, etc. etc. etc. While they sound good, they tend to be pure populism--an attempt to appeal to the base while simultaneously offering "something for everyone." Most importantly, there should be the recognition (disappointing though it may be) that platforms bind no one. If we were to be bound by a Constitutional Amendment to balance the budget every year, we would be left unable to respond to exceptional circumstances such as 9/11. Ed Rasimus Fighter Pilot (USAF-Ret) "When Thunder Rolled" Smithsonian Institution Press ISBN #1-58834-103-8 |
#7
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![]() "Lawrence Dillard" wrote in message ... "D. Strang" wrote in message news:XW67c.2445$Gg.2318@okepread03... Bush on JFKerry: "The other day, here in Florida, he claimed some important endorsements, He won't tell us the name of the foreign admirers. That's OK. Either way, I'm not too worried, because I'm going to keep my campaign right here in America." Mr Bush had better start soon; he has quite a plateful of overseas issues to explain away, and possibly as many tough internal issues as well. April. Overseas: IRAQ and WMD, continued existence of Al Quaida, Korea, alienation of European friends and Allies, migration of thousands of formerly US jobs offshore. Climbing US KIA and WIA totals. Saddam believed he had WMD, al Qaeda's existance is at risk now, Korea is in negotiation with China and Japan, our European friends have bribery problems to deal with, there are more payroll jobs today than when Clinton left office And last but not least, Billy's military body count ran higher. At home: Purposefully Deceptive Governing. I doubt GW could have been more straightforward, but I do not doubt your angst. He's got a lot of backing and filling to do over his last November's somewhat tainted Medicare prescription drug plan, at the time called a "centerpiece" of his re-election campaign. At a time when the deficit was already soaring, Mr Bush claimed that its cost would be, oh, some $400 billion over a period of ten years, although government analysts had--some five months earlier--predicted that the actual cost would be closer to $550 billion. Alas, correction proved necessary, and one Republican congressman accused his own party's leadership of attempted bribery on the floor of the House (reportedly now under FBI investigation) as a part of the vigorous arm-twisting which took place. No, only the CBO numbers are legal. The rest of what you write is just so much wishfull bull****. The actuaries who generated the "true" figure say that Bush admin appointees violated ethical standards by ordering the actuaries to conceal their findings from both Congress (congressmen who specifically inquired about the cost estimates were told that none existed) as well as the public at large, on pain of losing their jobs. That kind of Democrat lieing only makes you look foolish, Dillard. Two months after the critical vote, Mr Bush claimed that he was "shocked" to discover that the actual cost had increased to $534 billion; one wonders whether the bill would have passed had the true numbers been known. The Democrat's plan would have been $1 trillion, so we are bucks ahead and grandma can get her drugs and not have to eat cat food. Furthermore, Almost a month before convincing Congress to vote to commit the US to warfare with Iraq in 2002, the Bush administration has admitted, it learned the N Korea had resumed its nuclear program, a fact which did not bode well for the US' strategic situation. That is, the possibility of armed conflict in Korea had risen sharply; one wonders how the Congress might have voted had it known of this renewed threat in timely fashion. Would it have been willing to authorize commitment of US troops there? Congress and the public were kept ignorant of this important fact until after the Iraq vote was history. Only the ignorant were ignorant of what North Korea were doing. (ie Carter) snip of more of the same |
#8
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Mr Tarver, please do me the enormous favor of placing my posts in your
permanent kill-file. I will be greatly relieved. After all, are you sure you understand the meaning of the word "angst"? And are you certain you could recognize a democrat even if one sat on your face? Thanks in advance for granting me the favor I ask.... "Tarver Engineering" wrote in message ... "Lawrence Dillard" wrote in message ... "D. Strang" wrote in message news:XW67c.2445$Gg.2318@okepread03... Bush on JFKerry: "The other day, here in Florida, he claimed some important endorsements, He won't tell us the name of the foreign admirers. That's OK. Either way, I'm not too worried, because I'm going to keep my campaign right here in America." Mr Bush had better start soon; he has quite a plateful of overseas issues to explain away, and possibly as many tough internal issues as well. April. Overseas: IRAQ and WMD, continued existence of Al Quaida, Korea, alienation of European friends and Allies, migration of thousands of formerly US jobs offshore. Climbing US KIA and WIA totals. Saddam believed he had WMD, al Qaeda's existance is at risk now, Korea is in negotiation with China and Japan, our European friends have bribery problems to deal with, there are more payroll jobs today than when Clinton left office And last but not least, Billy's military body count ran higher. At home: Purposefully Deceptive Governing. I doubt GW could have been more straightforward, but I do not doubt your angst. He's got a lot of backing and filling to do over his last November's somewhat tainted Medicare prescription drug plan, at the time called a "centerpiece" of his re-election campaign. At a time when the deficit was already soaring, Mr Bush claimed that its cost would be, oh, some $400 billion over a period of ten years, although government analysts had--some five months earlier--predicted that the actual cost would be closer to $550 billion. Alas, correction proved necessary, and one Republican congressman accused his own party's leadership of attempted bribery on the floor of the House (reportedly now under FBI investigation) as a part of the vigorous arm-twisting which took place. No, only the CBO numbers are legal. The rest of what you write is just so much wishfull bull****. The actuaries who generated the "true" figure say that Bush admin appointees violated ethical standards by ordering the actuaries to conceal their findings from both Congress (congressmen who specifically inquired about the cost estimates were told that none existed) as well as the public at large, on pain of losing their jobs. That kind of Democrat lieing only makes you look foolish, Dillard. Two months after the critical vote, Mr Bush claimed that he was "shocked" to discover that the actual cost had increased to $534 billion; one wonders whether the bill would have passed had the true numbers been known. The Democrat's plan would have been $1 trillion, so we are bucks ahead and grandma can get her drugs and not have to eat cat food. Furthermore, Almost a month before convincing Congress to vote to commit the US to warfare with Iraq in 2002, the Bush administration has admitted, it learned the N Korea had resumed its nuclear program, a fact which did not bode well for the US' strategic situation. That is, the possibility of armed conflict in Korea had risen sharply; one wonders how the Congress might have voted had it known of this renewed threat in timely fashion. Would it have been willing to authorize commitment of US troops there? Congress and the public were kept ignorant of this important fact until after the Iraq vote was history. Only the ignorant were ignorant of what North Korea were doing. (ie Carter) snip of more of the same |
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