President R.Reagan said, "This is the issue: whether we believe in our capacity for self-government or whether we abandon the American Revolution and confess that a little intellectual elite in a far distant capital can plan our lives for us better than we can plan them for ourselves. ... Somewhere a perversion has taken place. Our natural, inalienable rights are now considered to be a dispensation of government, and freedom has never been so fragile, so close to slipping from our grasp as it is at this moment."
And it appears that President Obama his pulling hard on the fabric of freedom that we hold so dear. His Federally mandated confiscation and redistribution of more than $ 1.3 trillion to be spent over the next 10 years, and may grow to 3 trillion if he keeps pending like a drunken sailor! Will certainly devalue the dollar and cause rapid out of control inflation. It could get so bad that even the Communist Chinese will not buy our T- Bonds.
Between Japan and China we have outstanding $1.27 trillion in debt before Hillary went with hat in hand to Beijing to ask them to buy more. She never broached the subject of their air pollution(the worst in he world) or the horrible human rights record. It was as though she went to visit a friend not a Communist enemy who would like to bury us both economically and militarily.
And not be out done in the spending frenzy. The U.S. Congress is proceeding with plans to spend even more of the taxpayers money on their personal favorite, themselves and their voters.
The irony of it all is that on the day the President held a "fiscal responsibility" summit at the White House -- the House of Representatives Appropriations Committee released an omnibus budget measure designed to finance the dozens of federal agencies whose 2009 budgets were not approved in the last Congress.(they held this back just on the chance that Bush might have used his veto pen,which he seldom used).
True to Democratic rhetoric heard throughout the Bush years, the legislation would provide significant new funds to many domestic programs...US Rep. David Obey, the Wisconsin Democrat who heads the House Appropriations Committee, said in a news release Monday, "Congress...today presents a bill that will keep the government running and finish last year’s business. This bill works in harmony with the economic recovery package, making investments that address the country’s immediate needs while investing in our long term economic strength." Much of that spending is directed toward programs important to higher education.The legislation would provide an extra $347 million in funds for the Pell Grant Program for low-income students, an increase paid for in large part by taking money that the Bush administration proposed directing toward the Academic Competitiveness and Science and Mathematics Access to Retain Talent Grant Programs that have gone underutilized by colleges.
Note: They are taking the money from areas where American students fall behind many Asian and European Countries, and giving it to students who will never attain the excellence we need in our schools and Universities.
Just a few of he programs that will receive multi-millions of dollars that I feel has nothing to do with stimulating the "Countries Immediate Needs", and everything to do with strengthening the Democrat voter base, are listed below.
Strengthening Tribally Controlled Colleges and Universities $23,158,000
Strengthening Alaska Native/Native Hawaiian Institutions $11,579,000
Strengthening Historically Black Colleges and Universities $ 238,095,000
Strengthening Historically Black Graduate Institutions $58,500,000
Minority Science and Engineering Improvement $8,577,000
Developing Hispanic Serving Institutions $93,256,000
Strengthening Asian American and Pacific Islander-serving Institutions $2,500,000
Tribally Controlled Postsecondary Voc-Tech Institutions $7,773,000
I am all for education, but could this not wait until the taxpayer can breath again when and if the economy rights itself. Obama and Congress are doing everything they can to destroy it despite the Pious Platitudes!
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Comment on: Jaxhawk
THE TAX BURDEN IS GOING TO GET WORSE BEFORE IT GETS BETTER
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Tuesday, February, 24, 2009 4:21 PM bill writes:
tax burden
The following is an important comment from the New Media Journal:"President Obama on Monday vowed to reel in wasteful Washington spending and blasted deceptive "accounting tricks" used by the Bush administration to fund the Iraq war even as House Democrats released a $410 billion stopgap spending bill studded with thousands of pork-barrel projects. The 1,000-plus-page spending bill provides a fat target for deficit hawks. It includes hundreds of pages of earmarks - pet spending projects inserted by lawmakers, ranging from $185,000 for coral reef research and preservation in Maui County, Hawaii, to $55,000 in meteorological equipment for Pierce College in Woodland Hills, Calif., to $9.9 million for science enhancement at historically black colleges in South Carolina. House Speaker Nancy Pelosi, California Democrat, defended the spending blueprint that is needed to fund more than a dozen Cabinet departments for the final seven months of the federal fiscal year. She said the increases were needed to fund programs and policies starved for dollars under President George W. Bush. It is a $30 billion, or 8 percent, increase over comparable budgets for the same departments in fiscal 2008...At the White House, Mr. Obama, who sharply attacked earmarks on the campaign trail, did not take a stance on the thousands of items included in the bill".
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