Political Theater: It Turns Out That The Republicans And The Democrats Were Both Lying To Us And That The Real Budget Cut Number Is Far Less Than $38.5 Billion

Guess what?  The Democrats and the Republicans are both lying to us again.  So what else is new?  The truth is that the great “budget crisis” which supposedly took us to the verge of a government shutdown was just a whole bunch of political theater.  Even the Associated Press is declaring that our politicians used “accounting sleight of hand” to reach the $38.5 billion budget cut figure.  Not that $38.5 billion was an impressive number to begin with.  $38.5 billion would just be one percent of the federal budget.  But once you strip away the accounting charades, the real budget cut number is somewhere around 14 billion dollars.  It turns out that the “budget cuts” include money left unspent from previous years, earmarks that were going nowhere, unused census money and programs that Obama was already planning to cut.  The more you examine the “budget deal”, the more it becomes obvious that the Republicans and the Democrats had no intention of doing anything serious about our debt problems.  The U.S. government is still going to run a record-setting budget deficit in 2011 and both the Democrats and the Republicans are to blame.

So should we be surprised that our politicians have been lying to us again?

Of course not.

But if something is not done about our soaring debt it is absolutely going to crash our financial system.

According to the IMF, the U.S. government will have to borrow an amount of money equivalent to 29 percent of GDP this year alone in order to finance its budget deficit and its maturing debt.

That is what you call a crisis.

But neither political party seems the least bit serious about the national debt.

The Republicans are proposing even more tax cuts without saying how they are going to pay for them, and they even tucked an increase in military spending into the “budget cut” deal.

The Democrats don’t seem to want to cut much of anything.  In fact, most Democrats seem to believe that government debt is not much of a crisis at all.

Our politicians love to talk about “cutting the budget”, but nothing ever gets done.  Both parties have been promising us “fiscal responsibility” for decades but both parties have never delivered.

Sadly, the American people have not held our politicians responsible for this.

This latest episode just reveals how much of a joke Washington D.C. has become.  In the 8 days leading up to the “historic” $38.5 billion budget deal, the U.S. national debt increased by $54.1 billion dollars.

Our politicians are standing by and doing nothing while the financial future of this nation is being destroyed right in front of our eyes.  It is now being projected that by the year 2021, interest payments on the national debt will amount to $1.1 trillion dollars a year.

Fortunately, some bloggers out there are starting to wake up to just how pathetic this latest “budget deal” really was.

For instance, Tim Fernholz of the National Journal recently posted the following….

For example, the final cuts in the deal are advertised as $38.5 billion less than was appropriated in 2010, but after removing rescissions, cuts to reserve funds, and reductions in mandatory spending programs, discretionary spending will be reduced only by $14.7 billion.

In fact, some conservative bloggers are becoming absolutely furious with the duplicity of the Republican party.  In a recent article on Business Insider, John Ellis really let John Boehner have it….

It turns out that the budget agreement that all parties were hailing this past weekend as a “great achievement” is in fact a joke.  Any Republican who was elected with even a sliver of Tea Party support is now duty-bound to vote against it on Friday.  Every 2012 Republican presidential hopeful is now duty-bound to demand that it be voted down.

But Boehner is already saying that it is time to “move on” and that he is really going to “get tough” during the next battle.  Boehner is claiming that the “war” over the debt ceiling is going to be about “trillions” instead of “billions”.

The American people are certainly in the mood for something to be done about our debt crisis.  According to a new NBC/WSJ poll, the vast majority of Republicans and the vast majority of independents do not want the debt ceiling raised.  Even Democrats are roughly split on the issue.

John Boehner is promising that the Republicans will not agree to raise the debt ceiling without “serious steps in the right direction”.

So what pathetically low number will cause John Boehner to cave in this time?

Obama is already taking a strong stand on the debt ceiling.  He is demanding that the Republicans send him a “clean bill” and is warning that they must not “play politics” with U.S. government finances.

On Monday, White House press secretary Jay Carney stated that “the consequences of not raising the debt ceiling would be Armageddon-like in terms of the economy.”

You know what?  To a certain degree Carney is right.  If the U.S. government hits the debt ceiling the financial markets will likely go haywire.  That would cause the big boys up on Wall Street to start putting tremendous pressure on Boehner.  There is no way that Boehner would watch chaos unfold on Wall Street and not end up flinching.

Not that Boehner was ever serious about cutting the federal deficit.  He was not serious about it during the Bush years and he is not serious about it now.

This is all just a whole lot of political theater.

Meanwhile, most Americans are not even paying attention to all of the financial fraud being committed by the “fourth branch of government”.

Of course the Federal Reserve is not actually part of the federal government at all.   But they do get to spend trillions and lend trillions without ever having to get the approval of Congress, the president or the American people.

For example, most Americans don’t realize this, but the Federal Reserve has been handing out hundreds of millions of dollars in nearly risk-free loans to their friends and even to the wives of their friends.

Unfortunately, the Federal Reserve is above the law and is not accountable to anyone.  In fact, we can’t even get our politicians to authorize a comprehensive audit of their books.

The truth is that our system is soaked in so much fraud that there is no way that it will ever recover.

We have turned our backs on the principles of our founding fathers and so now we pay the price.

The U.S. national debt is now over 14 times larger than it was 30 years ago and it is currently rising by well over 4 billion dollars every single day.  This debt will destroy our financial system.  We are stealing the future from our children and our grandchildren.

It is so sad to see what is happening to America.

So what do all of you think about what is going on in Washington D.C.?  Feel free to leave a comment with your opinion below….

Shut It Down?

If the U.S. government were to shut down for a while, would that really be such a bad thing?  Right now everyone in the mainstream media is freaking out as if the world is going to end, but the truth is that there have been government shutdowns before.  The apocalypse is not going to happen if there is another shutdown.  If Congress could find a way to get our troops and our border patrol agents paid, then what would be so bad about the government taking a “vacation” for a while?  After all, when was the last time that either the Republicans or the Democrats did anything that was actually good for America?  It has not mattered which political party has been in power – over the past couple of decades our “representatives” in Washington D.C. have passed an endless parade of bad laws and have gotten us into the biggest mountain of debt in the history of the world.  They literally seem unable to do anything right.  So would it really be so bad if a government shutdown slows them down for a while?  If our politicians are going to act like a bunch of idiots, why not let them shut it down?

Think of it this way – if you could eliminate all of the laws passed under George W. Bush and Barack Obama would you do it?

I think that most Americans would.

Almost every single law that has been passed over the past couple of decades has been bad for America.

But many Americans seem to be going into a panic at the thought that the “almighty government” might not be operating for a few days.

Many Americans seem to have bought into the lie that the federal government is the most important institution in our country.

But this is never what our founding fathers intended.  Our founding fathers intended for the federal government to be very limited.  Unfortunately, we have turned our backs on the principles of our founding fathers.

So exactly what is this fight between the Republicans and the Democrats all about?  Why have we been brought to the brink of a government shutdown?

We keep hearing that it is all about cutting the budget.  In fact, House Speaker John Boehner says that his party is “damn serious about it”.

But that is a joke.  The federal budget deficit for this year is going to be approximately $1.6 trillion dollars.  The Republicans were asking for just $61 billion in budget cuts (3.8% of the budget deficit) and there are rumors that Republican and Democratic negotiators have agreed to a figure of $38 billion in budget cuts.

$38 billion?

Is this why the Tea Party was sent to Washington?

$38 billion would just be 2.4 percent of the $1.6 trillion dollar deficit.

Wow, that is really wielding the budget cutting axe!

Look, the U.S. government cannot spend a single penny from now on without Republicans going along with it.

The Republicans control the House of Representatives.  Barack Obama and the Senate will not have a single dime to spend unless they can get the House to go along with it.

If the Democrats want money to implement Obamacare then they have to get the Republicans to go along with it.

If the Democrats want to give money to the EPA to implement Obama’s “green agenda” then they have to get the Republicans to go along with it.

In fact, pretty much whatever the Democrats want to do, they have to get the Republicans to agree to fund it.

So if you don’t like what Obama and the Democrats are doing, don’t just blame them.

Blame the Republicans as well.

Both parties are deeply corrupt and both parties have gotten us to the point we are at.

Sadly, it looks like any deal that the Republicans and the Democrats are going to agree to is going to include virtually everything that the Democrats want.

It is going to include full funding for Obamacare.

It is going to include full funding for Planned Parenthood.

It is going to include full funding for NPR.

It is going to include full funding for the EPA.

So what are the Republicans going to get?

$38 billion in spending cuts?

Is that supposed to be a “deal”?

The truth is that Boehner is a joke and he is not serious about cutting the federal budget.

But if we don’t start seriously cutting the federal budget we are heading for complete and total disaster.

David Stockman, who served as budget director under Ronald Reagan, says that if Congress is not serious about getting our financial house in order that a government shutdown could be precisely the kind of wake up call that we need….

If the Smithsonian, the Parks Service and the Cherry Blossom Festival get delayed or canceled, it’s the wakeup call that we really needed. The fools inside the Beltway are borrowing $100 billion month in and month out, and there’s nobody left in the world buying except the central banks—the Fed and the people’s printing press of China. There’s no way that’s sustainable or viable. It’s simply building up pressure in the monetary system that’s going to blow sky-high.

Look, the United States is heading straight for financial armageddon.  This is a crisis of historic proportions.  In a previous article on U.S. government finances, I detailed some absolutely horrifying statistics about the debt crisis that the U.S. government is facing….

*If you divide the national debt up equally among all U.S. households, each one owes a staggering $125,475.18.

*The federal government has borrowed 29,660 more dollars per household since Barack Obama signed the economic stimulus law two years ago.

*During Barack Obama’s first two years in office, the U.S. government added more to the U.S. national debt than the first 100 U.S. Congresses combined.

*In the new budget that the Obama administration has proposed, the U.S. government would spend 3.7 trillion dollars in 2012 and by 2021 the U.S. government would be spending a whopping 5.6 trillion dollars per year.

*The U.S. government currently has to borrow approximately 41 cents of every single dollar that it spends.

*The total compensation that the federal government workforce earned last year came to a grand total of approximately 447 billion dollars.

*The U.S. national debt is currently rising by well over 4 billion dollars every single day.

*The U.S. government is borrowing over 2 million more dollars every single minute.

*The U.S. national debt is over 14 times larger than it was just 30 years ago.

*Unfunded liabilities for entitlement programs such as Social Security and Medicare are estimated to be well over $100 trillion, and nobody in the U.S. government seems to have any idea how we are actually even going to come close to meeting all of those obligations.

*If you were alive when Jesus was born and you spent one million dollars every single day since that point, you still would not have spent one trillion dollars by now.  But this year alone the U.S. government is going to go about 1.6 trillion dollars more into debt.

*If the federal government began right at this moment to repay the U.S. national debt at a rate of one dollar per second, it would take over 440,000 years to pay off the national debt.

But even if the Republicans got every single thing that they have been demanding it would make essentially no difference as far as our national debt crisis is concerned.  It would basically be like spitting into Niagara Falls.

So which political party has the correct position in this battle?

Neither of them.  In fact, both political parties are a joke.  They are both acting like a bunch of idiots just like they have been for decades.

So let them shut it down.  The truth is that the number one threat to our liberties and freedoms right now is our own federal government.

In a recent article, J.B. Williams talked about why he thinks that it would be a really good idea to shut the government down….

I say, shut it down! The federal government has done as much to harm the union of states as it has ever done to improve freedom and liberty in America. We will be better off without a federal government, with each state able to fund and govern itself better than the Fed ever could.

Extreme threats demand extreme measures, and nothing threatens the future freedom and prosperity of the United States more than our own federal government. Enemies beyond, we can deal with. It’s the enemy within which threatens us most today. It’s time to shut it down and reset.

Just think about a few of the ways that our own federal government violates our liberties and freedoms every single day….

*If you want to get on an airplane in America today, you must either go through one of the incredibly intrusive full body scanners that are going into all U.S. airports and let airport security goons gawk at your exposed body, or you must allow airport security goons to feel you up using the new “enhanced pat down” techniques they are being instructed to employ.

*Thanks to the Patriot Act, if you are identified as a “terrorist”, you suddenly lose all of your constitutional rights.  We are told that detaining American citizens indefinitely and subjecting them to “enhanced interrogation” techniques will keep us all safer.

*The federal government controls our lives so tightly that now they even tell us what kinds of light bulbs we are allowed to buy.

*Barack Obama has been pushing a plan that would create a national database that will store the DNA of all individuals who have been arrested, even if they end up not being convicted of a crime.

*Just about anything can be used against you in court these days.  In one of the very first military commissions held under the Obama administration, a U.S. military judge ruled that confessions obtained by threatening the subject with rape are admissible in court.

*The federal government listens to our cell phones whenever they want and they require that all cell phone companies must be able to pinpoint the locations of all of their customers to within 100 meters.

*According to FBI Director Robert Mueller, “homegrown terrorists” represent just as much of a threat to American national security as al-Qaeda does.

*In Washington D.C., if you do not submit to “random bag checks” while riding the Metro there is a good chance that you could receive a follow-up visit by the FBI or by the Department of Homeland Security.

*If you make food “incorrectly” there is a good chance that you will get raided by the federal government.  In fact, the feds raided an Amish farmer at 5 AM in the morning because they claimed that he was was engaged in the interstate sale of raw milk in violation of federal law.

So in light of how extreme our federal government has become, is there anyone out there that still thinks it would be a “crisis” if the government was to shut down for a while?

If our government is going to take away our liberties and freedoms instead of protecting them, then why would it be a bad thing if it shut down for a short time?

It might just get some of the control freaks off our backs for a while.

Yes, we do need to make sure our military men and women are paid.  We also need to make sure that our border patrol agents are paid.  But if Congress could actually get that accomplished it wouldn’t be too bad at all if the government were to shut down for an extended period of time.

So what do all the rest of you think?  Feel free to leave a comment with your opinion about the possibility of a government shutdown below….