WC Varones

Don't lend your hand to raise no flag atop no ship of fools

San Diego Tea Party responds to U.S. debt rating downgrade

Gee, this doesn't sound like the rubes or terrorists that politicians and the snob media tell us the Tea Partiers are:
No one here in San Diego, across the country, or elsewhere in the world, who has been closely following the news, is surprised that S&P downgraded this nation’s credit rating from AAA to AA+. The simple, bitter truth is that the United States of America spends money it doesn’t have. And S&P formally stated what the taxpayers of this nation have been saying loudly these past three years — you can’t spend us back to solvency.

The Tea Party was started in 2009 out of the growing frustration that our representatives in Washington DC were more interested in reelection instead of representation. The Republican Party had abandoned its fiscally conservative roots, approving more entitlement programs and agreeing to continue baseline budgeting that automatically increases spending levels. The Democrats, especially when they gained control of both Houses in 2007, dramatically escalated spending while rewarding their base constituencies. President Obama has seen fit to promote his vision of wealth distribution as he demonizes this country’s wealth producers and uses his regulatory agencies to harm our businesses. All of them stopped representing the average tax paying American. TARP, Stimulus, Cash-for-Clunkers, and Obamacare are prime examples of bi-partisan betrayal that set America firmly on the road to fiscal disaster.

This week’s bi-partisan Debt Ceiling deal was a bitter reminder that establishment GOP have learned nothing from the Tea Party uprising and the demands of the taxpayers for a more responsible government. It also shows that the Democratic Party will resort to vigorous hyperbole, fear-mongering rhetoric, and crass class-warfare tactics to undermine any call for serious entitlement reform. We applaud those who voted against the measure (including local representatives Duncan Hunter and Bob Filner), and we are ashamed of those who supported supposed ‘spending cuts’ that amounted to less than a day of Washington’s spending.

Exactly right. And it's not just Tea Partiers who are seeing through the budget B.S. Despite the deceptive way the media portray our spending and debt levels as necessary and sustainable, people across America can plainly see that they are neither.

13 comments:

Anonymous said...

Better be careful, the government's trying to blame it all on the tea partiers as if you are all responsible for this! I'd say your lives are in danger at this point, especially when the shit hits the fan. Those in the spotlight as such should be careful.

Anonymous said...

Where was all the "job creation" these last 10 years we've had the Bush tax cuts? Well? Where? And where are all the jobs created by the reduction in the payroll tax? Well? Where? Wherever they are, they are not here. We should raise taxes on all corporations doing business in America. If they don't like it, let them leave. The patriotic ones will stay. The rest of them... Good riddance! The
USA is the greatest country on earth with the highest rate of consumption. Let's see if these huge corporations who have continually destroyed main street will go running off to china. I bet they won't.

Anonymous said...

The wealth creators in this world are not the owners of businesses. The wealth creators are the workers. They make the products, they teach the children, they care for the sick, they man the phones. A CEO is nothing without the workers, without the consumers. No CEO is worth millions of dollars a year. Taxes should be high to give back to the real people who make America great, and to take care of our elders. Anything else is stealing from the people. For god sake, think of the general welfare. It's in the preamble. WE the people include the poor, the sick, the indigent. Share the wealth. It's everyone's country, not just the rich, the smart, the elite. Think of your neighbor, not just yourself. If you ask me, this country needs more socialism, not less.

Anonymous said...

Clearly we need to address the deficit spending issue. However I might point out that the largest spending increases ever happened under two republican administrations ( Reagan and Bush Jr.). This is not a democratic, republican or tea party issue it is an american issue. We all need to stop wanting handouts be they corporate tax discounts or social security ( if we don't need it). Our Income is 15.6% of our GDP and our spending are 23% ! This isn't balanced. We clearly need to cut spending and raise taxes. We need to be debt free or we will be eaten alive by competitors like China. However it needs to be fair and balanced and everyone needs to do their part.

LossOfGravity said...

Tea Party creates Toll and Expects Taxpayer to pick up Tab.

LossOfGravity said...
This comment has been removed by the author.
SarahB said...

Anonymous...I love everyone trying to muddy the water. It's SPENDING, stupid! Can't explode national spending and expect anything to fix it besides...uh, less spending. Wanna know why the Bush Tax Cuts haven't grown the economy...because he grew spending.

W.C., Thanks for spreading the word. Lots of blame going around all weekend. Looks like zero is going to get done till Nov. 2012.

Anonymous said...

I propose a one-time SaveAmericaTax on all public corporations: divide the debt by all companies listing on the exchanges. We could pay off the debt immediately. These big companies aren't spending the cash. Besides, it's not their money. It came from the american people and it's time to take it back. If corps won't spend, we should spend it for them.

Anonymous said...

A true patriot comes to the aid of his countrymen. Not all can fight, not all can work. A noble approach would be a larger committment to the general welfare. To that end we should discourage the vast accumulation of private wealth by raising taxes on the income of big private and public corporations and individuals. This way we will foster the collective well-being while simultaneously reducing our oversized emphasis on the efficacy of greed, which is ruining our lives by creating vast divides between richer and poorer. An economy is a complex organism which cannot be compared to that of a family. Families and businesses are not generally democracies with constituencies that have competing self-interests. Understanding this underlying dynamic compels problem-solvers to seek complex solutions. This country is not broke, our committment to the general welfare is.

Anonymous said...

A true patriot comes to the aid of his countrymen. Not all can fight, not all can work. A noble approach would be a larger committment to the general welfare. To that end we should discourage the vast accumulation of private wealth by raising taxes on the income of big private and public corporations and individuals. This way we will foster the collective well-being while simultaneously reducing our oversized emphasis on the efficacy of greed, which is ruining our lives by creating vast divides between richer and poorer. An economy is a complex organism which cannot be compared to that of a family. Families and businesses are not generally democracies with constituencies that have competing self-interests. Understanding this underlying dynamic compels problem-solvers to seek complex solutions. This country is not broke, our committment to the general welfare is.

W.C. Varones said...

5:59,

Nice try, but all the companies out there don't have nearly enough money to bail out the U.S. government.

The total book value of all publicly traded U.S. companies is around $7 trillion. And most of that $7 trillion is NOT cash. It's property and equipment and inventories, and intangible accounting stuff like goodwill.


So you could confiscate all American companies cash, bankrupt them all, and it wouldn't make a meaningful dent in our $14 trillion debt -- much less the $1.5 trillion in new debt we are adding every year.

That's how out of control our spending problem is.

Temple of Mut said...

"I'd say your lives are in danger at this point, especially when the shit hits the fan. Those in the spotlight as such should be careful."

Is that a heartfelt warning or a threat?

DooDooEcon said...

Anonymous, "The wealth creators in this world are not the owners of businesses. The wealth creators are the workers."

Sorry, but highly paid CEO's are not business owners. CEO's making millions are also workers. Corporations are owned by people, larger corporations are owned by shareholders who largely are "workers."

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