"It is asinine to assume you can spend your way out of debt! It is doubly
asinine to assume that you can borrow your way out of debt!" Andy
Stevens, 2009"
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The Law by Frederic Bastiat:
Liberty and the Government
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"The Law" in PDF format.
This is a must-read fundamental definition relationship between individual freedom and
government
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It's the Economy Stupid.... Obama claims that he inherited
Bush's budget and therefore the economy is Bush's fault. Let's see how that
works out.
Budgets do not come from the White House. They come from Congress, and the
party that controlled Congress since January 2007 is the Democratic Party. They
controlled the budget process for FY 2008 and FY 2009, as well as FY 2010 and FY
2011. In that first year, they had to contend with George Bush, which caused
them to compromise on spending, when Bush somewhat belatedly got tough on
spending increases.
For FY 2009 though, Nancy Pelosi and Harry Reid bypassed George Bush entirely,
passing continuing resolutions to keep government running until Barack Obama
could take office. At that time, they passed a massive omnibus spending bill to
complete the FY 2009 budgets.
And where was Barack Obama during this time? He was a member of that very
Congress that passed all of these massive spending bills, and he signed the
omnibus bill as President to complete FY 2009. Let's remember what the deficits
looked like during that period: (below)
If the Democrats inherited any deficit, it was the FY 2007 deficit, the last
of the Republican budgets. That deficit was the lowest in five years, and the
fourth straight decline in deficit spending. After that, Democrats in Congress
took control of spending, and that includes Barack Obama, who voted for the
budgets. If Obama inherited anything, he inherited it from himself.
In a nutshell, what Obama is saying is I inherited a deficit that I voted for
and then I voted to expand that deficit four-fold since January 20th.
The
National Debt Road Trip
How do the Obama deficits compare with past presidents? And how did the national
debt get so big anyway. This video tries to answer those questions by looking at
the debt as a road trip and seeing
The video below provides and interesting, in-depth explanation of how we, as a
nation, find ourselves in our present sad state of affairs.
I'm hopeful that this link will be forwarded to everyone in your
address book and that they in turn, will do the same; until every person in this
country has had an opportunity to see it and to make a personal decision as to
the direction that this country should pursue.
I urge you to watch this movie, (below) This will be time well spent.
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The video below provides and interesting, in-depth explanation of how we, as a
nation, find ourselves in our present sad state of affairs. 
