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H.R. 3778: More crap from CRAPitol Hill

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Marti Oakley     

Copyright 2012 All Rights Reserved

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In what is clearly another of those actions meant to deceive the public into thinking someone in the District of Criminals is actually trying to accomplish something meaningful, comes this bill regarding raising the debt ceiling.  A cursory read may make you think the intent is to prevent raising the ceiling, thereby preventing an increase in the overall national debt.  We could only hope!  Unfortunately, this bill H.R. 3778, is simply a tactic used to make it appear that (in this particular case) the Republicans are really, really serious about stopping the mindless spending that they themselves have contributed to right along with the Democrats.

Take a closer look.  You’ll see this bill has nothing to do with limiting federal spending.

Washington, D.C. newspaper The Hill is reporting:

“Rep. Doug Lamborn (R-Colo.) on Wednesday introduced a bill that would prevent Congress from considering an increase in the debt ceiling unless both the House and Senate have approved a concurrent budget resolution, something the Senate has not done in nearly three years.”

Lamborn said his bill would at least require a budget to be in place before these debt ceiling increases can occur.

“Today I have introduced a bill to stop this madness,” he said on the floor. “The Budget Before Borrowing Act,” H.R. 3778, is a straightforward, no-gimmicks approach to spending money. It very simply says that the nation cannot raise the debt ceiling limit unless the House and the Senate have agreed on a budget resolution.” 

Did you catch the “approach to spending money” comment? More

The Great Global Money Siphoning Machine

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By W. R. McAfee, Sr.

Copyright © by W.R. McAfee.  All rights reserved.

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OPINION

People who’ve paid attention to financial events of late are seeing the financial curtain rising on the final act of the greatest theft the world has ever known. It began when:

  • (1)America’s treasury vaults were emptied by Wall Street’s thieves and their politically-appointed government confederates, and
  • (2) the subsequent start-up of the fed’s money presses to the tune of—What? $20, $25 trillion now that has gone onto the American taxpayer’s tab?

All this to pay for the deliberate financial devastation the bankers caused worldwide by insuring and selling worthless Wall-Street-stamped, genuine Triple AAA-rated derivatives/CDSs/mortgage bundles to the rest of the world; knowing the banks and funds that bought them would be stuck with these ‘moral hazard’ assets; thus placing themselves in vulnerable financial positions; ripe pickings for later takeovers, consolidation, closures.

Did I mention the companies that insured the bundles would also take a bath?

All of this might have been avoided if our elected puppets had not given up America’s Constitutional right to print our own money to English-backed bankers in 1913.  Our founders, knowing about the Rothschild banking operations in London—it’s estimated they now control an estimated two-thirds of the world’s money—had deliberately written into our Constitution that congress was the only body authorized to coin [read: print] and issue America’s money. More

A Bully Debt Limit Increase : Need vs Want

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Lynn Swearingen (c) copyright 2010 ALL RIGHTS RESERVED

This is a long-term issue in which many Administrations bear the weight upon their shoulders of “borrowing gone out of control” in conjunction with “spending with no accountability”.

Now consider comparing the above explanation with this “reasoned” Chicago style approach:

Obama says he cannot guarantee Social Security checks will go out on August 3 More

How I would cut federal spending, or: We should have insisted they shut the federal government down

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Marti Oakley (c)copyright 2011 All Rights Reserved

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“Now see how easy that was?  I just saved us almost 213 billion for just this year alone which is just about 2.3 times the amount in historically fictional savings Obama and the Republi-crats claimed that are really of no benefit at all. “

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The waste, fraud and corruption in our federal government established over decades via career politicians and faux political party’s has brought our country to the brink of disaster.  The recent threat of a government shutdown over contrived budget differences was a golden opportunity to stop the corporately controlled machine that is killing us.  This should not have been a matter of preventing a shutdown…..we should have insisted they shut down.  And then we should have stepped up, cleaned house (and senate) and used this opportunity to rid ourselves of these prevaricator’s, thieves, charlatans…. corporate lackey’s all of them, and started over. 

After viewing the political trickery sold to the public as “spending cuts of historic proportions”, I decided to write my own list of REAL spending cuts that would benefit us all.  I believe I can save the country more than a measly 78 or 84 billion in pretended cuts put out by the Repli-crats.

This is my seven step plan that would save us billions just this year and help stem the flow of the surveillance state being planned for us by the Repuli-crats.  It would also be the beginning of defunding of federal corporate agencies which are a threat to our nation. More

The War on the US Economy

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John Boering (c)copyright 2011 All rights Reserved
 April 15, 2011

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“The USDA and Monsanto co-own the dangerous Terminator Seed patent together.  Therefore, we can expect a continuation of ‘business as usual’ with the USDA pushing GE food down our throats on behalf of their business partners in the biotech industry. “

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The federal government claims the debt is $14.3 trillion dollars, but other economists say the US debt is closer to $200 trillion (based on projected revenue and projected spending).  Either way, a $38 billion budget reduction makes no difference.  Especially when the federal government’s actual spending will decrease by a mere $352 million compared to last year- as reported by the National Journal:

“The astonishing result, according to CBO, is due to several factors: increases in spending included in the deal, especially at the Defense Department; decisions to draw over half of the savings from rescissions, which are funds previously authorized but not spent; cuts to reserve funds; and to mandatory-spending programs, such as certain farm subsidies.”

Here is a sample of some of the so-called budget cuts:

1.  Department of Defense budget-

The DoD’s budget for 2010 was $685 billion, including the wars in Iraq and Afghanistan, according to WikipediaObama called for a reduction in the DoD budget by $400 billion….over 12 years, which averages out to $33 billion a year. This cut is still pending a Pentagon review which leaves Obama with some wiggle room. Compare the money that the US spends on military industrial corporate welfare and illegal wars to China, with the second largest military expenditure, in the amount of $150 billion.

Who is the DoD’s real enemy?  It appears to be the American taxpayer and the US economy. More

THE FEDERAL RESERVE SCREWS THE AMERICAN PEOPLE AGAIN!

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John Wallace (c)copyright 2011 All Rights Reserved 

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“The Federal Reserve’s recent actions in flooding the world with new dollars and most recently using accounting trickery to make the American taxpayers responsible for any bad investments they make, is surely cause for immediate action by our new congress.”

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On January 6th, the international Banksters at the private Federal Reserve screwed the American people again and not too many people noticed. It seems that the Banksters became concerned that the Fed might suffer some monetary losses if the value of their massive amount of bond holdings were to decrease. So what did they decide to do? More

The Debt Ceiling : 71 Days

2 Comments

Lynn Swearingen (c) copyright 2010 ALL RIGHTS RESERVED



At the end of the month or year, many of us must look at our individual budgets and sigh. Again due to rising food, fuel, tax increases, or just the general cost of surviving we must “create” more money. We comb through the tangible assets we have and determine which are essential for our continued effort to stay afloat as it were. Maybe Grandma’s silver Tea Pot goes up on EBay, those books one would never part with go on Amazon, and Craigslist becomes our second job.

We cut expenses.

Instead of driving through the inevitable “easy” meal of fast food – we learn that Mac N Cheese from a box isn’t so difficult.

Department Stores become a thing of the past as we comb through second-hand shops to find a “retro” outfit or learn to hem and modify what we have.

Maybe we consider putting in a Garden instead of stopping by the produce department for our thrice weekly sales. More

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