U.S. Budget: THE Definition of Insanity

The definition of insanity is doing the same thing over and over again, whilst expecting different results."

A quote attributed to both Albert Einstein and Benjamin Franklin.

With that in mind, I have only one quite serious question for Mr Barack Hussein Obama:

Why is it, sir, that you are so incredibly and vehemently opposed to balancing the budget of the United States of America?

That, to my way of thinking, is THE question that should be put to the President of the United States.

This president is only concerned with spending. He has historically resisted all cuts, and history indicates his intransigence in terms of making any spending cuts whatsoever.

Mr Obama clearly lacks the capacity to make the tough spending decisions. Any tough spending decisions.

On that basis, however, he holds his water in terms of Demorat/Leftist platform. Everyone must be taxed, and there can be no cuts in spending.

Taken in retrospect, it is an age-old axiom. Tax and spend, tax and spend = Demorats and Leftists. They are, of course, nothing if not predictable in their consistency.

Let's review in brief:

• TARP didn't;
• The "Stimulus" didn't;
• Bailouts of fiduciary institutions didn't put us on the path to recovery;
• Bailouts of vehicle manufacturers didn't put us on the path to recovery;
• The ONE US vehicle manufacturer (Ford) refusing to take bailout money is the MOST successful;
• "Cash For Clunkers" stimulated nothing;
• Unemployment is at roughly 10%, up to 25+% in some areas;
• The housing market is further tanking;
• The Demorats have done nothing budgetarily beneficial in 800+ days;
• Housing contract cancellations have surged;

On the other hand, the Gang of Six deal looks remarkably similar to the Pelosi "we'll have to pass the bill in order to see what is in it."

Despite some strong pushback from liberal groups and labor unions to the proposed changes to entitlement programs, House Democratic Leader Nancy Pelosi seemed to leave the door open to the plan, telling reporters, "We haven't seen it but it has some good principles in it."

And that is its own intrinsic kind of separate Demorat/Leftist insanity.

The debt plan from the so-called Gang of Six includes two very shocking aspects:

1. Tax deduction removal (where Mr Obama "gets" his so-called tax "cuts";
2. A constructive insertion of a Constitutional balanced budget amendment;

Let me be, again, please, incredibly and perfectly plain, with an emphasis on clarity:

Tax deductions will be placed on the backs of the Middle Class. There simply are NOT enough "rich" people to enable the cash that Mr Obama wants. The FIRST proposal on the line is the mortgage deduction.

Again, to be plain: there is roughly a 10% cost factored into every house for this.

You eliminate the mortgage deduction? You have, positively, absolutely, GUARANTEED a depression that will make the 1929 Great Depression look like child's play. Housing values will further plummet and incentives will be slaughtered. At best.

And opening the Constitutional for revision, enabled by Article V, for a so-called "Balanced Budget Amendment", is a loser at best. At very best.

The Constitution already exists. SCOTUS has already set it aside in any number of important cases, deciding that current memes are more important than a charred, flaky, doddering document.

What makes anyone think SCOTUS, stacked by a future administration, simply won't strip the Constitution when and while it will, as it will, by fiat?

You open a Constitutional Convention these days and every Bill and Amendment is up for grabs. I won't have it. I thought the GOP asking for a Flag-Burning amendment was clearly stupid, as it was. Opening up our core, founding document for Leftists during this particular administration is, likewise, beyond stupid.

Right.

You want to know what tyranny looks and sounds like, kids? Just look around. Check your DEM/MSM. These people are not about liberty or freedom. They're about an agenda. A Stalinist Show Trial. And Mr Obama, in His Infinite Wisdom, isn't responsible for any accountable portion of anything.

Like trying to nail Jello to a wall.

BZ