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Title: Illinois Failures Go Nationwide Under Obama
Source:
Investors Daily
URL Source: http://www.investors.com/NewsAndAna ... Go-Nationwide-Under-Obama.aspx
Published: Jul 20, 2010
Author: Phyllis Schlafly
Post Date: 2010-07-20 15:50:02 by Badeye
Keywords: None
Views: 16081
Comments: 27
Illinois Failures Go Nationwide Under Obama By PHYLLIS SCHLAFLY Posted 07/19/2010 07:05 PM ET View Enlarged Image 'Unsustainable" is a scary word that recently entered political discourse, coming authoritatively from Congressional Budget Office Director Douglas Elmendorf. Unsustainability is the operative moniker for Barack Obama's massive deficit spending, which Elmendorf said "cannot be solved through minor tinkering." The CBO predicts an increase in our public debt from $7.5 trillion at the end of 2009 to $20.3 trillion at the end of 2020 if Obama's fiscal 2011 budget is implemented. As a percentage of gross domestic product, the debt will rise to 90% from 53%. Sen. Kent Conrad, D-N.D., sharpened the focus by asking the CBO director: "What's going to be necessary (is) either a 25% increase in taxes or a 20% reduction in spending, or some combination thereof. Is that correct?" Elmendorf replied "yes." Americans are beginning to wonder if Greece is the picture of the U.S.' future. But we need look no further than the place where Obama and his team were trained in community organizing and bully tactics to redistribute the wealth: Illinois. Illinois was the stomping ground for years for Obama, his top advisers Rahm Emanuel, Valerie Jarrett and David Axelrod, and his appointees such as Secretary of Education Arne Duncan. After they promoted themselves to Washington to run the country, other Obama associates who didn't make the cut continued to run Illinois into the ground, as the Illinois unemployment rate jumped from less than 5% to nearly 11%. For years, we thought California was the most fiscally irresponsible of all 50 states, but Illinois has now taken the lead. A lengthy news article in the New York Times was headlined: "Illinois Stops Paying Its Bills, but Can't Stop Digging Hole." Under years of Democratic leadership, Illinois has refused to honor its obligations, cut spending or trim its shockingly large deficit, which at $12 billion per year approaches nearly half its budget. As a result, Illinois' credit rating has been downgraded and it pays a massive amount in interest on its loans. That's like a family making $50,000 but spending $75,000 each year. Obviously, it won't take long before such a family would lose everything it has. The big-majority Democratic state legislature, defying Illinois' balanced-budget law, has been passing deficit budgets for years. The new definition of a liberal is no longer tax-and-spend; it's borrow-and-spend. It's no surprise that unemployment keeps increasing, and the reason why the rate isn't higher than we are told is that the government has stopped counting people who have given up looking for a job. Employers are not hiring because taxes and regulations are expected to rise
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#1. To: Badeye (#0)
(Edited)
Here are the states with the biggest 2011 deficits, the deficit as a percentage of state spending, and the party of the chief executive: Nevada - 54% - R 5 Republicans, 2 Democrats. And you keep arguing that we would be better off if we had more Republicans in charge? Source: http://www.cbpp.org/cms/?fa=view&id=711 Oh, and Tim Pawlenty's state has a 26% shortfall.
Nevada - 54% - R Illinois - 42% - D New Jersey - 38% - R Arizona 37% - R Maine 35%- D North Carolina - 30% - R Vermont - 30% - R 5 Republicans, 2 Democrats. And you keep arguing that we would be better off if we had more Republicans in charge? Source: http://www.cbpp.org/cms/?fa=view&id=711 Oh, and Tim Pawlenty's state has a 26% shortfall. So many misrepresentations in this post...(laughing) You cite Governorships, then ask 'you keep arguing we'd be better off if we had more Republicans in charge?' I'm speaking of the House of Representatives. And the US Senate. Second...care to detail which party controls the state legislatures in those states you cite? And for how long? And then tell the forum what body in each respective state controls spending? Finally, since you tossed Pawlenty in there...tell the forum which Democrat governor has a surplus. (roaring with laughter) You gotta get away from canned 'talking points' from other sites, GO65...and think for yourself. btw, I'm for CONSERVATIVES taking over top to bottom. GOP is just 'helpful' some of the time.
Obama's first all-by-his-lonesome budget, btw, calls for a $1.17 trillion deficit.
You are more than welcome to do your own research. But again, the chief executives in 5 of the 7 states with the largest budget deficits are Republicans. Go ahead and deny it if you'd like, that doesn't change the facts.
http://www.cbpp.org/cms/?fa=view&id=711 There are four states with surpluses, they are listed below, along with the party of their Governor: Montana - Democrat North Dakota - Republican Alaska - Republican Arkansas - Democrat So there you have it, 5 of the 7 states with the largest deficits are run by Republicans, half the states with surpluses are run by Democrats. Care to keep playing?
No, you are for John Boehner and Mitch McConnell taking over.
Almost as horrifying as Pelosi and Reid.
There are no two people close to being as horrifying and terrifying as Pelosi and Reid. Sneakypete, have you ever been married? Said things you later regretted?
Oh, I think that Patty Murray and Barbra Boxer come pretty close. Lindsey Graham as well.
They don't have the power vested in them like the dangerous duo.
Sneakypete, have you ever been married? Said things you later regretted?
The Obese Head of NJ just got the news that he's already in deficit by $10.5bln for next year. There's nothing left to cut...except his waistline.
BRAVO!!! It's about time that we had a leader with the cajones to stand up to leeches and parasites that feed off of our tax money. Cut them ALL off.
Yea...well...unless Fat Boy's ready to start closing schools and putting seniors out on the street, he doesn't have much choice. While that may be popular with you, it's already causing him popularity issues. And with Boomers getting ready to retire, he's sitting on a pension time bomb - thanks to another Christie...Todd Whitman...
Typical left-wing hyper-boil designed to halt all discussion of reform. New Jersey spends $2.3 billion a year on schools and a WHOPPING $3.5 billion a year on pensions for bureaucrats. Most Americans don't have pensions. I certainly don't. We save our own money for retirements in IRAs, 401Ks, etc. WHY IN THE HELL should we be forced to jeopardize our future to pay pensions to lazy bureaucrats??? Eliminate their pensions and New Jersey will save $3.5 billion a year. If the bureaucrats don't like it, FIRE THEM. There are plenty of unemployed people who would love to have their jobs even without a pension.
I live next yo NJ. My kid goes to school in NJ. I work with a good snick of people from NJ. This isn't hyperbole. It's what's what. New Jersey spends $2.3 billion a year on schools and WHOPPING $3.5 billion a year on pensions for bureaucrats. Arts, science and education should be the number one priority of any society. History bears out that the nations which emphasized these thrived. History has shown that nations which de-emphasized their importance failed. As for the pensions:
Governments cannot renege on promises. They agreed to pay these pensions.
Your statement has nothing to do with bloated bureacrat pensions, which cost almost 50% more than education in New Jersey. Yes, science and education should be the number one priority of society but government control is destroying both, to the detriment of society. The government monopoly schools are already a failure because they are a near monopoly run by corrupt politicians and moronic bureaucrats. Unfortunately, government funding is politicizing science too, as we've seen with the global warming scam.
Of course they can renege on their promises. Just pass a new law and it's done. Promises that were made 30 and 40 years ago should be NULL AND VOID today because we (people who are paying today) did not make those promises. This is not just my view, it was Thomas Jefferson's as well: "I sincerely believe... that the principle of spending money to be paid by posterity under the name of funding is but swindling futurity on a large scale." --Thomas Jefferson to John Taylor, 1816. ME 15:23 "It is incumbent on every generation to pay its own debts as it goes. A principle which if acted on would save one-half the wars of the world." --Thomas Jefferson to A. L. C. Destutt de Tracy, 1820. FE 10:175 "[The natural right to be free of the debts of a previous generation is] a salutary curb on the spirit of war and indebtment, which, since the modern theory of the perpetuation of debt, has drenched the earth with blood, and crushed its inhabitants under burdens ever accumulating." --Thomas Jefferson to John Wayles Eppes, 1813. ME 13:272 "Ought not then the right of each successive generation to be guaranteed against the dissipations and corruptions of those preceding, by a fundamental provision in our Constitution? And if that has not been made, does it exist the less, there being between generation and generation as between nation and nation no other law than that of nature? And is it the less dishonest to do what is wrong because not expressly prohibited by written law? Let us hope our moral principles are not yet in that stage of degeneracy, and that in instituting the system of finance to be hereafter pursued we shall adopt the only safe, the only lawful and honest one, of borrowing on such short terms of reimbursement of interest and principal as will fall within the accomplishment of our own lives." --Thomas Jefferson to John Wayles Eppes, 1813. ME 13:360
The best thing that happened to this nation was public schools. The worst thing that happened was that morons turned them into a political football, Dems turned them into a social petrie dish and 'pubes have tried to turn them into churches and 4th of July parades. Global warming is real, btw. Ask any Inuit or Greenlander.
I'm well aware of Jefferson's view of the perpetuity of laws and acts of legislatures. His view, btw, was soundly rejected as impractical for a National Legislature.m I'm also aware of his view that an executive was free to ignore any law. I know all this because he's my favorite founder. He had long hair, smoked pot and was an agnostic. Played a mean fiddle too...
By corrupt politicians who want power and control.
Anybody who went to the trouble of cutting all of the miraculous bullshit out of his personal bible is A-OK with me.
"The ocean will take care of this on its own if it was left alone and left out there. It's natural. It's as natural as the ocean water is." - Rush Limbaugh
Nope. By the people forming the USCON. Jefferson, while a presence, wasn't present.
Yepper...
The best thing that happened to this nation was public schools No, it was the constitution. The worst thing that happened was that morons turned them into a political football No, the predictable and inevitable thing happened as happens with ALL monopolizes -- the government monopoly schools lost focus on their CUSTOMERS (the students and their parents) and instead became self-centered and self-absorbed.
Okay...you won that one.
We both know the answer....lol
Obama's first all-by-his-lonesome budget, btw, calls for a $1.17 trillion deficit.
Boehner in the House, damn straight. Never taken an earmark, and has done a great job under the circumstances a minority party faces in the House of Representatives. McConnell? You don't pay attention is my only conclusion on this assertion.
Obama's first all-by-his-lonesome budget, btw, calls for a $1.17 trillion deficit.
Illinois - 42% - D
New Jersey - 38% - R
Arizona 37% - R
Maine 35%- D
North Carolina - 30% - R
Vermont - 30% - R
Being a Republicans means you get to choose your own reality
#2. To: go65 (#1)
Here are the states with the biggest 2011 deficits, the deficit as a percentage of state spending, and the party of the chief executive:
#3. To: Badeye (#2)
Second...care to detail which party controls the state legislatures in those states you cite? And for how long? And then tell the forum what body in each respective state controls spending?
Being a Republicans means you get to choose your own reality
#4. To: Badeye (#2)
Finally, since you tossed Pawlenty in there...tell the forum which Democrat governor has a surplus.
Being a Republicans means you get to choose your own reality
#5. To: Badeye (#2)
I'm for CONSERVATIVES taking over top to botto
Being a Republicans means you get to choose your own reality
#6. To: go65 (#5)
No, you are for John Boehner and Mitch McConnell taking over.
#7. To: jwpegler, go65 (#6)
Almost as horrifying as Pelosi and Reid.
#8. To: Ibluafartsky (#7)
There are no two people close to being as horrifying and terrifying as Pelosi and Reid
#9. To: jwpegler (#8)
Oh, I think that Patty Murray and Barbra Boxer come pretty close. Lindsey Graham as well.
#10. To: go65 (#1)
(Edited)
#11. To: war (#10)
"New Jersey doesn't have a revenue problem, it has a spending problem and it is not our intention to tax our way out of this problem," Christie's spokesman Michael Drewniak said in an interview today.
#12. To: jwpegler (#11)
#13. To: war (#12)
(Edited)
Yea...well...unless Fat Boy's ready to start closing schools and putting seniors out on the street
#14. To: jwpegler (#13)
Typical left-wing hyper-boil designed to halt all discussion of reform.
#15. To: jwpegler (#13)
Eliminate their pensions
#16. To: war (#14)
Arts, science and education should be the number one priority of any society.
#17. To: war (#15)
Governments cannot renege on promises.
#18. To: jwpegler (#16)
#19. To: jwpegler (#17)
(Edited)
#20. To: war (#19)
His view, btw, was soundly rejected
#21. To: war (#19)
I know all this because he's my favorite founder.
#22. To: jwpegler (#20)
#23. To: Skip Intro (#21)
#24. To: war (#18)
#25. To: jwpegler (#24)
No, it was the constitution.
#26. To: go65 (#3)
You are more than welcome to do your own research.
#27. To: go65 (#5)
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