After the $700 billion bailout, the trillion-dollar stimulus, and the massive budget bill with over 9,000 earmarks, many of you implored Washington to please stop spending money we don't have. But, instead of cutting, we saw an unprecedented explosion of government spending and debt, unlike anything we have seen in the history of our country.

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Look, I am not worried about Washington cutting too much spending too fast. I mean, the kinds of spending cuts we're talking about just right now are $100 billion out of a $3.7 trillion budget.

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It is being alleged that the Federal Government is 'cutting' spending. In fact, we are not 'cutting' anything. Defense spending under this budget would rise by 4.3 percent over last year. Other discretionary spending would also rise.

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Why don't we stop the stimulus spending? There's still about $400 billion or $500 billion of the stimulus plan that has not been spent. Why don't we stop it? It's not working.

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To reduce deficit spending and our enormous debt, you reign in spending. You cut the budget. You don't take more from the private sector and grow government with it. And that's exactly what Obama has in mind with this expiration of Bush tax cuts proposal of his.

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The Boy and the Teacher

Teacher, teacher, 'why is my gram parent going to have to go to a nursing home? '

'Well', says the teacher in disgust. 'The republicans(Defenders of the rich) won't allow the raise of the government budget ceiling(The Amount Of Money That The Government Can Borrow.) they don't want to raise taxes on the job creators(Corporations..). But they want taxes on the workers and cuts in government funded programs to equal the new budget. The Democrats(The Ones Who Believe Our Country Should Be A Nanny State) . Don't want to make the cuts in certain government programs or raise taxes on the poor and want to raise the budget ceiling without paying for it.'

The little boy says 'That don't sound that complicated. Why don't we just tax everyone across the board, according the money they make and have. And Why don't we make cuts in programs that are not necessary. Oh and while were at it why don't we bring back our military slowly. So were not spending 60 billion dollars month in other countries. Why do we have to police other countries? Or even a better question how can we afford too when our debt is so high? '

The teacher responds back, why don't you write your congressmen, senators, and president letters and ask them.

The little boys says, 'Easy they would never read them.'

The teacher a little annoyed says, 'You got answer for everything. And I thought I was the teacher.'

The little boy chirps, 'your darn tooting'.

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Having-Less-Is-More

Money isn't 'everything' you know?

'Ooooohhh mon ami,
Big dummy you!

YOUR money may not be 'everything'.
Or not nearly what it use to be.
However...
SOMEWHERE someone is spending it,
Caring less about your limitation.
Or who has good or bad or indifferent credit.
And they have yet to accept greed as a motive,
To live a happy life! '

I am not referring to foreigners,
I am talking about us...
Living today in 'this' country.

'Oh?
I see.
So you've already adopted,
That 'Having-Less-Is-More' attitude?
Good for you.
You make me proud.
But as for me...
Give me a ten dollar bill anytime.
Even a five dollar bill,
Seems less than a dollar these days.'

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Balanced Budget... Nov 14th,2012

Balanced Budget …Nov 14th,2012
By
James Bredin


What do you mean; balanced budget; our politicians never heard,
They're busy travelling the world and never got the word,
Okay, we just heard that lower commodity prices are a bad sign,
Will they or will they not, have to examine our credit line?




Should massive government spending be under control?
Should we have forbidden referendums or maybe have a poll?
Have Conservative principles been thrown out the door?
And how do promises of a future balanced budget score?




Is this the same crowd that refused death-with-dignity to us all?
Do they expect us to get down on our knees or maybe crawl?
Why is the federal budget ballooning to $26 billion this year?
Should we forget about this because the government is sincere?

Nov 14th,2012

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As I have traveled throughout my Congressional district, the one thing I heard loud and clear was simply please stop spending money you do not have, rein in spending, live within a budget.

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Since taking office, President Obama has signed into law spending increases of nearly 25 percent for domestic government agencies - an 84 percent increase when you include the failed stimulus. All of this new government spending was sold as 'investment.'

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Government spending is being restrained, the economy is making progress and moving forward, and the pro-growth, tax cutting policies put in place have allowed businesses to grow, which has brought in additional tax revenue to help pay off the debt.

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You've got to either say you're going to cut taxes and find some spending cuts. I think we ought to reform long-term entitlement spending in the country, but you can't out of one side of your mouth say, 'Yes, we're for tax cuts, we're for spending discipline, and we're for bringing down the debt.'

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I think that when we look out with our underfunded liabilities and our national debt over $14 trillion, I think if we are part of that movement to get our government spending under control, I think that would be a tremendous legacy to leave.

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I have a record as governor. I have a record of cutting spending. And I talked yesterday not only about we ought to cut spending, I talked about how we've cut spending in Mississippi and how if you did the same things in the federal government, you would save tens of billions of dollars a year.

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Increased government spending can provide a temporary stimulus to demand and output but in the longer run higher levels of government spending crowd out private investment or require higher taxes that weaken growth by reducing incentives to save, invest, innovate, and work.

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Where we're coming down is we currently have $787 billion of stimulus that's been passed. We're certainly focusing on spending that money as quickly and as efficiently and as transparently as we can. We think that's absolutely the right strategy.

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I have serious concerns about whether it's prudent to give any foreign country substantial leverage over the U.S. economy. Instead of spending $80 billion on important programs here at home, we're sending this money overseas just to pay interest on our debt.

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Adjusting American Credit Ratings

17.3
trillion dollars
staggering
US faulting
on debt

flee
higher internet
rates 4 money rejecting
big business spending
cuts

but
American mega
rich are exempt
from all taxes pending
just raise debt ceiling

it's
been raised spending
countless times infesting
poor people's pockets
political leadership whims

sleight
of hand finances
American magic markers
erases 4 trillions
in American gross debt


Copyright © Terence George Craddock
Written in July 2011 on the 5.7.2011.

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Every American knows there are government expenses that are absolutely not necessary. I disagree with the very idea that our government is spending $2.4 trillion in the most efficient manner.

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The fact is, if our primary legislative goals are to repeal and replace the health spending bill; to end the bailouts; cut spending; and shrink the size and scope of government, the only way to do all these things it is to put someone in the White House who won't veto any of these things.

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Extremely Left

Some would see me as a left extremist, but I'm not, I understand economics very well, I understand why our system isn't functioning correctly. I have no degree to state this but it doesn't make me any less wrong. I have read though enough articles and documents how this or that would fix our system. It is the monetary system itself that is part of the problem, it is the governance of that system that is part of the problem, it is the way our money is both created and distributed that is the problem. They're too many facts pointing all in one direction to ignore. We must open our eyes and see behind the smooth talkers, manipulating anything and everything for there own benefit before it is too late. I don't hate government. I don't hate small business. I'm not an anarchist. I believe they have there place. But I also believe when corruption is in the open and no one cares we have a problem.

Some might think I'm off my rocker, but how do you get trillions of dollars in debt? Where does this debt come from? I recently saw a chart 1/3 of it came from bush era tax cuts for the rich. I heard someone say the corruption is now in the form of consolidation of what little wealth we have left. While that maybe true, I still believe that is in preparation for the second collapse. Or the first one that never really happen. Depending on your perspective. A soften fall by printing money that doesn't exist that's written upon government debt. Be confident people it won't hurt if you keep spending. But what your continuously spending is really doing is perpetuating the cycle of corruption. Providing more money to corporations they can use to influence our government more. Another words the debt was created to give corporation more power. I would say boycott everything if I thought that was possible. I would say lets have modern Boston tea party if I thought we could get away with it. But that method I believe is useless. The only ones I think can stop it are the politicians. Will they though? I doubt it. I have a voice as you do and we must keep speaking. And that is right now my number one objective. Will it solve anything? I don't know, but I must try. So I can say I was not one of those good people who did nothing.

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