Wednesday, December 11, 2013

Budget Deal - More Spending - More Debt

Republican leaders of Congress, fearing another government shut down, caved to Socialist demands to increase spending once again in the recently negotiated Budget Deal just adding more to our National Debt.   Based on the current trajectory, our National Debt will grow to $25 Trillion in the next 10 years assuming we don't experience economic collapse before then.  Conservatives in Congress should vote NO.  Instead of maintaining discretionary spending at $967 Billion for next year, the Budget will grow to something above a Trillion dollars, adding about $60 Billion in spending over two years.   This Budget Deal effectively cancels many of the cuts that were part of the Sequester Deal.   Supposedly, there will be billions in new fees and taxes and just $23 Billion in Deficit Reduction over ten years, which is chicken feed, assuming it really happens. 

Conservative Groups are all opposed to this Budget Deal because once again it just kicks the can down the road and does nothing to deal with our $17 Trillion National Debt and the $100 Trillion of unfunded liability sitting out there for Social Security, Medicare, Medicaid, ObamaCare, Disability Benefits and local, state and federal pensions.  The United States is on a fast train headed toward bankruptcy and economic collapse.  President Obama and his Socialists pals in Congress keep that train moving in the wrong direction.  Without Republicans in Congress willing to put on the brakes, we will soon to go over the cliff.   This is yet another reason that both Republican Speaker Boehner and Minority Leader McConnell have to go.   They are RINO's. 

This Blogger is losing hope related to the fiscal insanity that we see in Washington DC.  It appears that there is no will, or courage to deal with  deficit spending as we borrow 40 cents for every dollar we spend.  Obama could care less.   Obama wants to see the destruction of the United States through crisis in order to transform our country into a Socialist, or maybe even a Communist nation managed by Dictatorial Executive Order.  Obama is already doing it, which is one reason he is packing the federal courts with Socialists and Communists.   Our Democracy and way of life are at stake. 

Republicans are focused on the 2014 and 2016 elections.   They obviously do not want to rock any boats in the hopes of taking over the Congress and the Presidency.   Even if they are successful, this Blogger is beginning to doubt if they were in control if they have the guts to do what is necessary to cut spending and get Entitlements under control.  It is starting to look like we have the Socialist Party of America and the Socialist/Republican Party of America in Washington DC.  

All Americans should fear this reckless spending.  If we experience economic collapse, there will be civil strife on our streets and then all bets are off.   We would likely see Dictatorship and the dissolution of the United States.  Don't think it can't happen because it has happened in other countries.   History should always be our teacher.   This Blogger is beginning to think the worst possible scenario is coming in the next 10 - 20 years.  The best we can do is prepare for economic disaster.  Buy Guns, Gold and Real Estate in Gated Communities.  The economic storm is coming. 

No comments:

Post a Comment