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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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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Mr. Obama denounced the $2.3 trillion added to the national debt on Mr. Bush's watch as ""deficits as far as the eye can see."" But Mr. Obama's budget adds $9.3 trillion to the debt over the next 10 years. What happened to Obama the deficit hawk?

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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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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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Mr. Obama plans to boost federal spending 25 percent while nearly tripling the national debt over 10 years. Americans know that this kind of spending will have economic consequences, including new taxes being imposed by the new progressives.

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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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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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I think everyday people on the street who have never been affiliated with the tea party movement are alarmed with the spending and the debt that we have.

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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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The New American Way # 2

in the long run
we're gonna end up
spending between 3.2
and 4 trillion dollars
in our wars in Iraq,
Afghanistan, and Pakistan.

not to mention the 100 million
a day we were spending in Libya.

the elite ghouls of the War machine
pad their pockets ... while our soldiers
fight and die.

we've maxed out the debt ceiling,
they're gonna cut social security,
medicare, and other programs
for the poor, the sick, and the
elderly.

we have children going hungry,
families homeless no way
to get medical care.
no jobs schools laying off
teachers.

we're out of time!
we have to take back the reins
from the elite now...
or we become their garbage...

no more wars!

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The debt and the deficit is just getting out of control, and the administration is still pumping through billions upon trillions of new spending. That does not grow the economy.

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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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Well, the problem of the federal government is that they print money and go in debt. That's their national policy, Democrats and Republicans it doesn't matter. And this is where I differ.

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I do not intend to dispute in any way the need for defence cuts and the need for government spending cuts in general. I do not share a not in my backyard approach to government spending reductions.

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John F. Kennedy

I believe in an America with a government of men devoted solely to the public interests — men of ability and dedication, free from conflict or corruption or other commitment — a responsible government that is efficient and economical, with a balanced budget over the years of the cycle, reducing its debt in prosperous times — a government willing to entrust the people with the facts that they have — not a businessman's government, with business in the saddle … not a labor government, not a farmer's government, not a government of one section of the country or another, but a government of, for and by the people.

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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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Trillion Million Trillion Million Wonders

the world has passed
a trillion million trillion
million of seconds

each second helps
the other crosses
the path of our mind
at equal interval, space
each a divine finger
holding and counting
his treasured creation

cogs creation ride on
each a good samaritan
to each other and us

every second is
unique as the next
because each is
one among
a trillion million trillion
million of seconds
like you, me and them

creation is
a trillion million
trillion million of wonders

beyond the earth
worlds within worlds
up there stars sparkle and smile
each a master of ceremony
ready to lit up and unveil
secretsthat infinity holds on to

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Every American born today owes $43,000 to the federal government the day she or he is born. And we are transferring a tremendous amount of debt to the new generation, much of it owed to overseas creditors who expect to be repaid by our children with interest.

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Having said that, I believe we must not compound the natural disaster of Katrina by creating a fiscal disaster in Congress - it is our duty to ensure that we reign in other government spending in any event, and especially in this time of national emergency.

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