Tuesday, January 15, 2013

Bang Your Head On The Debt Ceiling

Glass ceiling in Mare building, Tallinn University, June 2011, by Alma Pater

Obama's latest speech strongly indicated that he will not negotiate on the nation's credit limits known as the "debt ceiling".

I hope he doesn't. It will mean that he'll actually have to budget within his means.

I also hope that congress does not raise it. I hope somebody with a backbone takes a stand in the House of Representatives. I hope that all conservatives as well as those members of the GOP who claim to be will put on their trusses and stand with that voice.

Then again, with no budget and our credit limit reached, some idiots in Congress want to provide relief funding for Hurricane Sandy to Florida, Guam, and Samoa. None of the above were affected by Hurricane Sandy. This demonstrates how fiscally and financially irresponsible Congress and Obama have been over the past four years.

The voice should say one word to Obama in regards to the "debt ceiling":  "NO!"

Every time Obama attempts to lobby for the nation's credit limit to be raised, some conservative Senator or Congressman should give a news conference during which they read Obama's own words from the Bush Administration. They should call Obama out on his lack of leadership. They should call him out on his tyranny. They should shove his own words down his throat, publicly, to demonstrate his vast hypocrisy.

“The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure. It is a sign that the U.S. Government can’t pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government’s reckless fiscal policies. … Increasing America’s debt weakens us domestically and internationally. Leadership means that ‘the buck stops here. Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership. Americans deserve better.” ~ Senator Barack Obama  2006
The above quote was when the Debt Limit was under $10 Trillion.  Now, our national debt is over $16.4 Trillion, almost twice what it was when he made that speech against President Bush.

Obama and his typical voters fail to realize a few facts.

First of all, only Congress can raise that debt ceiling. He cannot. So, if he fails to negotiate, he loses and America wins. Obama doesn't have a choice.

Second, if Congress does not raise the debt ceiling, then it doesn't go up. That is a responsible course of action. Our country is already broke and spending more than it is making. The country has been operating without a budget for four years. It's time for Obama and his cronies to grow up and act like adults. It is time for them to sit around the dinner table and start cutting out luxuries so they an afford the rent, the utilities, and to pay what it owes already.

Third, Obama wants idiots to believe that hitting the debt ceiling is somehow the same as defaulting on loans. It is not. What it means is that they cannot borrow more. It does not mean that they cannot pay what they already owe. They still have to make those payments. A credit limit is not the same as a default. Default comes when they fail to pay their bills.

And the final point is that conservatives in congress should not negotiate on that ceiling. When it is hit, it becomes a negotiating point for cutting out those luxuries.

They can cut funding for puppet shows. Those are luxuries and not legitimate government expenditures.

They can cut food stamps. It is not the government's responsibility to feed the lazy.

They can cut the Obamaphones. It is not the government's responsibility to provide those luxury items to the lazy.

They can cut funding so some music teacher can go jam with a reggae band in Jamaica.

The list goes on  and on and on.

What things is the government required to pay for? The military, veterans' benefits, costs of running offices, transportation, legitimate scientific research, and national parks all fall within the limitations enumerated in the US Constitution. (In fact, funding the military and providing for national defense are mandated by the US Constitution).

So are all current debts owed by the government. 

Even those "costs of running offices" are as to "be defrayed", not reimbursed.

All other things are luxuries. It's time to pick and choose the few that are important and to budget for them. All others are beyond our means at this time. Maybe they could budget to save for a later date. However, that would mean having a budget and sticking to it.

So, congress should not negotiate. It is a non-negotiable. The country needs a budget. The country needs to spend within its means and prove itself to be responsible in paying back what it already owes before they should be allowed to borrow more.