Nemo me impune lacessit

No one provokes me with impunity

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No Title of Nobility shall be granted by the United States: And no Person holding any Office of Profit or Trust under them, shall, without the Consent of the Congress, accept of any present, Emolument, Office, or Title, of any kind whatever, from any King, Prince, or foreign State.

Article 1, Section 9, Constitution of the United States

If this is the law of the land...why in a republic (little r) and as republicans, do we allow mere POLITICIANS to the right to use a "title of office" for the rest of their lives as if it were de facto a patent of nobility. Because, as republicans, this should NOT be the case...just saying...

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Sunday, March 07, 2010

Obama's 10 Year Deficit to Top $9.8 Trillion Dollars!

The Congressional Budget Office has released it's analysis of the future of Mr. Obama's planned budgets.  The CBO says that his budgets will produce deficits that are much, much larger than what the Obama Administration says will arise.  The total will  reach almost $10,000,000,000,000.00.  That figure is as much larger as last years budget deficit was in total.  
The agency says its future-year predictions of tax revenues are more pessimistic than the administration's. That's because CBO projects slightly slower economic growth than the White House.  The deficit picture has turned alarmingly worse since the recession that started at the end of 2007, never dipping below 4 percent of the size of the economy over the next decade. Economists say that deficits of that size are unsustainable and could put upward pressure on interest rates, crowd out private investment in the economy and ultimately erode the nation's standard of living.

A deficit that large, every single year for the next ten years will double the size of the national debt.  That is unsustainable by any measure, and will cause this country to have a budget crisis of epic proportions.  It's time to get our political "elites" attention and let them know that we will not have spending like this any more. 

It's well past time for a a balanced budget amendment  be added to the Constitution.  This Congress has made a mockery of PayGo legislation that can easily be side stepped by labelling it as an "emergency" provision.  Thus cuts don't have to be made elsewhere in order to make up for that specific bill. 

Vote smart, relect no one.

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