Showing posts with label Deficit Spending. Show all posts
Showing posts with label Deficit Spending. Show all posts

Friday, April 3, 2009

Democrats Oppose Transparency

All but three Senate Democrats voted against an amendment, "To increase transparency by requiring five days of public review of legislation before passage by the Senate." This simply states that bills that are rushed through the Senate would have to garner 60 votes only if they had not been posted online for five days. The irony of the Democrat's opposition is this measure is taken directly from the Obama presidential campaign. President Obama promised more transparency in the government by posting bills online for citizens to review prior to a vote. Apparently all Democratic Senators except, Senators Bayh, Nelson, and McCaskill disagree with this increased transparency. This measure doesn't exclude a majority vote on any bill it simply protects against slipping measures into a bill without an adequate review, a protection against situations like the AIG bonus fiasco. It would be interesting to hear the individual Senator's reasons for opposing transparency, and if the President is planning to stick to his campaign promise of putting bills online for review prior to a vote.

More information on the Cornyn Transparency Amendment

Democrats Vote Against Transparency

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Purple People Vote

Broad Side of the Barn - An Independent Call



Friday, March 6, 2009

Evan Bayh Opposes Omnibus Spending Bill

Senator Evan Bayh of Indiana wrote an Op-ed in the Wall Street Journal yesterday coming out against the huge appropriations bill that would increase spending eight percent from last year. His article Deficits and Fiscal Credibility is definitely worth a read, below is an excerpt.
This week, the United States Senate will vote on a spending package to fund the federal government for the remainder of this fiscal year. The Omnibus Appropriations Act of 2009 is a sprawling, $410 billion compilation of nine spending measures that lacks the slightest hint of austerity from the federal government or the recipients of its largess.

The Senate should reject this bill. If we do not, President Barack Obama should veto it.

The omnibus increases discretionary spending by 8% over last fiscal year's levels, dwarfing the rate of inflation across a broad swath of issues including agriculture, financial services, foreign relations, energy and water programs, and legislative branch operations. Such increases might be appropriate for a nation flush with cash or unconcerned with fiscal prudence, but America is neither.

Drafted last year, the bill did not pass due to Congress's long-standing budgetary dysfunction and the frustrating delays it yields in our appropriations work. Since then, economic and fiscal circumstances have changed dramatically, which is why the Senate should go back to the drawing board. The economic downturn requires new policies, not more of the same.


Senator Evan Bayh Rejects Bloated Appropriations Bill

Friday, October 24, 2008

McCain Good for Business and Good for the Economy

Often times pro business even pro small business policies are looked upon with disdain as can be seen in Senator Obama recently comments criticizing Senator McCain for caring more about Wall Street than Main Street. However, this is a myopic view of the economy. Pro business policies create jobs, pro business policies help grow the economy. Putting the breaks on an already sagging economy with increased taxes does nothing for the American worker exept make life harder. CNBC notes that small business owners recognize that McCain Understands Small Business Owners
The following is a statement from American Small Business League (ASBL) President Lloyd Chapman: One look at Senator John McCain's website will tell you, this is a man that knows and cares about America's 27 million small businesses. He knows 56 percent of all Americans work for small businesses. John McCain is a small business guy through and through.

Time also reported on the 300+ professional economists that back McCain. Conversely the Union Leader disusses how Senator Obama's tax plan does not add up in their article It doesn't compute: Obama's tax plan a ruse.
Numerous organizations, including the Associated Press, have noted that Obama's proposals spend hundreds of millions of dollars more than his tax hikes raise. What is less well known is that Obama's tax plan itself sends out of Washington far more than it brings in. Obama's campaign twice admits that in the wording of the tax plan.

According to the plan, "his tax relief for middle-class families is larger than the revenue raised by his tax changes for families over $250,000." That sounds like he's giving a net tax cut. But much of what he calls "tax cuts" are actually cash payments to low- and middle-income Americans. Ultimately, he sends out of Washington hundreds of billions of dollars more than it takes in.

In other words, Obama promises more in benefits to low- and middle-income Americans than his plan can finance with his tax hikes on "families" making more than $250,000 a year. And note the word, "families." Even though Obama says that no "family" making less than $250,000 a year will see a tax increase, in fact his plan raises taxes on individuals making $200,000 a year or more.

The bottom line is that Obama is not being honest about his tax and spending plans. It is impossible -- impossible! -- for him to finance his giveaways by taxing only those making $250,000 or more. He will have to raise taxes substantially on people making much, much less than that.

Senator Obama's plans to "spread the wealth" are anti-growth measures done in the name of fairness. However, there is nothing fair about halting economic growth. There is also nothing fair about punishing success.
McCain Good for Business and Good for the Economy

Wednesday, October 1, 2008

Volunteer for McCain Palin

It's coming down to the last weeks of the election. The best way to help the McCain/Palin ticket is to volunteer. Contact your local McCain Victory Office or make calls to battleground states from your home with the Online Phone Bank. This is the time that matters most. For Senator McCain to win the White House his campaign needs volunteers making phone calls and knocking on doors. Please take the time to make even just a few phone calls a day. From home or from a Victory Office please volunteer, and be a part of history.

Economic and ACORN Links

With the first draft of the Democrat's economic bill including give aways to groups like ACORN, a combination of public outrage and confusion has lead to numerous questions about the bill, ACORN, and Fannie Mae and Freddie Mac. Here are some links to articles on these topics...

ACORN

Acorn's Sentaor

CRL: ACORN Will Still Reap Windfall from Financial Crisis

Rescuing ACORN

O's Dangerous Pal's

Econ Bill

ACORN Outrage Removes Affordable Housing Provision

ACORN Issue Fueling Bailout Opposition

ACORN, Obama, and the mortgage mess

THE MELTDOWN'S ACORN

Fannie Freddie

How the Democrats Created the Financial Crisis: Kevin Hassett

Where Was Sen. Dodd?

Where was Dodd during the Fannie Mae collapse?

Wrecks, Lies and Barney Frank

Saturday, September 27, 2008

Sign The Petition To END DEFICIT SPENDING NOW!

DEMAND AN END TO DEFICIT SPENDING!


PLEASE CLICK HERE TO SIGN THE PETITION NOW!!

We at "Let's Get This Right" http://www.letsgetthisright.com recognize
that the current economic situation is a bipartisan issue and requires
serious attention.

As President Ronald Reagan once said "You and I are told we must
choose between a left, or right, but I suggest there is no such thing
as a left or right. There is only an up or down."


We at "Let's Get this Right" agree with that statement and we
recognize that the US economy is in enormous trouble. This includes
Wall Street, the US Government, and every American living on
main-street; no one is immune to the impact of the current economic
situation.

When Wall Street needs help it turns to the government, when the
government needs help it turns to the American people and when the
American people need help, it is often too late for us to obtain help
because the government has already over spent the tax dollars, fees
and fines it collects as part of its daily function.


When it needs money for a spending bill, or a financial bailout, the
government either cuts spending somewhere, shifts spending
temporarily, raises taxes on the American people or simply prints more
money.

Sadly, when it prints more money much of it is backed by foreign
governments and investors from countries such as Saudi Arabia, China
and others which do not share our interests, our constitutional
heritage, or our core values.

Regardless, we the people cannot afford to continue to allow the
current reckless spending practices used in Washington, nor should we
allow our country to be in debt or beholding to other nations.

Especially when the average American?s yearly income is on the decline
from which we must all pay for our taxes, insurance, gas,
transportation, groceries, housing, clothing, etc.

So "Let's Get This Right!"

We the undersigned DEMAND that members of the US House of
Representatives, the US Senate and the US President immediately pledge
to commit to the following;

- STOP Any and all deficit spending that is unrelated national defense
until the US budget is balanced.


- START investigating the roll that corporate executives, lobbyists
and politicians played in the current economic downfall to include the
use of subpoena power, and criminal prosecution where necessary.


- CONTINUE to follow these steps until anyone directly connected with
the current economic downfall is no longer in a position to do so
again; especially those who directly benefited from quid pro quo
activity, including political advocacy, legislative action, or
"sweetheart deals" such as low interest loans and campaign donations.


It is time to get back to basics. We the people could not operate our
personal budgets the way that corporations or the federal government
have without ending up out of work and in jail. We the people are not
above the law and those in positions of power should not be either.


"Let's Get This Right" http://www.letsgetthisright.com


PLEASE CLICK HERE TO SIGN THE PETITION NOW!!