DC Celebrates: As The Bankruptcy Train Stays On Track

It was mostly Butch on this not-so-bright morning at the Cafe, and he was at least semi-sarcastic, "We are saved. Our government isn't closing. In fact they are celebrating a 'historic' budget reduction which is the largest ever. Our President stepped in and brought us all together one more time. Harry Reid's cowboy poets didn't get their federal aid cut. The Liberals can continue to bankroll Planned Parenthood who is leading the way to provide abortion services to 40% of Black mothers. Obama can continue forcing 30,000,000 Americans to buy health insurance while destroying jobs, insurance companies, and the world's greatest health care delivery system."

"And the financial truth? This cut is about the size of one week's spending deficit. I repeat. Yep, it covers a little over one week of the 2011 deficit. The deficit this year will still be over $1.5 Trillion. In fact it reduces the 2011 budget by less than 1%. If your family spends $40,000 this year, and you cut your spending like this historic event you would cut by less than $8 per week. That is moving from a small T-Bone to a hamburger steak. If like the government your income is only $24,000 (60% of what you are spending),this historic cut back would reduce your borrowing from $16,000 to only $15,600 in the year 2011 saving about $20 a year in interest. So break out the beer in Hubbard and campaign is DC, it's celebration time."

"You would think this pathetic news couldn't get worse. So get this. Our courageous lawmakers don't even know where the cuts will take place. It was reported this weekend, 'Meanwhile, spending committee czars and their staffs are still laying out the specifics on the spending agreement, which will cut $38 billion over the next six months. The details are just starting to emerge, and lawmakers are realizing they've got a deal in hand, but not much else'. A deal in hand, saved us from shutting down the government, and our lawmakers don't even know what the details of the $38 billion cut are all about. And this was a budget that should have been finalized last October (7 months ago). Do the American people really want to give these guys control of our Health Care System, Financial Systems, Real Estate, or even our Car Companies? Do we really think these guys are going to lead us to energy independence from the Muslim World? Do we want them picking sides in the Middle East of every clash between the Shia and Sunni Muslims and putting our young men's lives at risk under the leadership of the UN or NATO? Do we thing these geniuses are going to outsmart the Chinese in world trade? Reminds me of the old Laurel and Hardy line, 'Ollie, what a fine mess you have us in'."

"Now we can move on to picking to shreds the Republican plan to reduce the federal budget by $6 Trillion versus the Obama plan of increasing the budget by $9 Trillion over the next 10 years. Just imagine what these morons like Pelosi, Reid, and Obama will do with this debate." 

"Obama plans to speak to the nation on Wednesday night.  Is there anyone out there that doesn't know what he is going to say?  He will take a scalpel to the budget including entitlements (Obama smoke and mirrors never pierces the skin)  instead of the Republicans sledge hammer (real cuts from people like Paul Ryan) .  He will not balance the budget on the backs of the middle class (includes the 40% of Americans who pay no taxes) while the 'fortunate' rich are living high on tax breaks (the 10% that while providing jobs also pay the majority of taxes).  He will not sacrifice our investments in 'winning the future' by cutting education (teacher's unions) and clean energy (Algore, GE, and global warming pals), feeding and providing health care for the elderly and poor (scaring the elderly and welfare voters).  He will support worker's freedom and rights to organized labor (Labor Union Campaign Contributors) and women's right to make choices about their health (single issue women voters who worship their rights to abortion).  He will not offer the American dream as he protects the rights of all (particularly Hispanics and Muslims).  And of most importance, Obama's proposals will not seem to hurt to much since nothing of consequence will happen until after his re-election in 2012 (including the tax increases on the rich and most of his punishing health care takeover provisions)."

Billy Roy's summary didn't bring much sunshine, "Butch, you seem to focus on the domestic stuff while I watch out for our security.  Afraid my report this morning is no better.  Rassmusen reports, 'Confidence in America's conduct of the war on terror has fallen to its lowest level in four-and-a-half years. A national telephone survey finds that just 32% of Likely U.S. Voters now believe the United States and its allies are winning the war on terror. That's down eight points from a month ago and the most pessimistic assessment since October 2006 (before the surge in Iraq).   The current decline comes as support for the U.S. mission in Libya is also declining."

"Thirty-nine percent (39%) of voters now think the United States is safer today that it was before the September 11, 2001 terrorist attacks. That's down from 54% when President Obama took office."

Well at least Paul Ryan says we have time to fix the debt issue if we act soon, and it appears folks are waking up about the impostor in the White House.

Think about it and keep the faith,

Jim