PolifrogBlog

There is no free in liberty.


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Showing posts with label financial fail. Show all posts
Showing posts with label financial fail. Show all posts

Sunday, September 26, 2010

Once a Hippie, Now the Man -- Perpetually Living Off the Plate of Another....

polifrog



With the most recognizable of the bailouts, TARP, being quickly paid down (and the atta'-boys that are sure to follow) it is wise to understand the totality of the Financial Bailouts.

PBS describes the nearly $13 Trillion bailout of our financial system.




And the bailouts continue to roll in:

WSJ
Regulators announced Friday a rescue and revamping of the nation's wholesale credit union system, underpinned by a federal guarantee valued at $30 billion or more.


The Hippies are, and have been The Man for some time now. This is their pig, but they refuse responsibility for this or anything else. Firmly ensconced in moral relativism they selfishly support choice over life, they choose debt over thrift, they choose The Man over liberty, and they push poverty on all, but themselves.

The majority of the boomer generation could never stop thinking of themselves. First rejecting the thrift, success and sacrifice of the greatest generation then engorging themselves on a combination of free love, consumerism, and me-ism. Nothing satiated these people; not even their incessant self aggrandizing through the media. They were lost in an endless maze of desire unable to find contentment. Now with the bill for all their excess firmly on the table, they pass it on to subsequent generations. Once a hippie, now the man -- perpetually living off the plate of another.

Never before has our country seen such a worthless, selfish, shiftless, horrible, or gluttonous group of malcontents so intent on shifting their individual responsibility to society as the generation that followed the Greatest Generation.

They truly are --- The Worst Generation.



all we are saying, is give tea a chance
end hippie/boomer rant

Sunday, September 5, 2010

Rep. Brad Miller's Budgetary Imprudence...

polifrog


Ask yourself if our nation is on a "fiscally sustainable course". Brad Miller has,

From Rep. Brad Miller's website:
On April 2nd, the House passed the FY 2010 budget resolution with my strong support.


...

The House budget resolution places the U.S. on a more fiscally sustainable course by taking steps to reign in the record deficits of the Bush Administration. In fact, according to the Congressional Budget Office, this year’s budget could cut the national deficit in half by 2015.

First off, congress controls our nation's purse, not the president as Brad Miller seems to suggest. The only power a president has over the budget is the veto.

Secondly, our national deficit was decreasing until Democrats like Brad Miller took control of congress and our national budget in the last years of Bush's Administration. Here is a visual from the CBO:


Finally, this is Brad Miller's vision for our future. Do you feel like we are on a "fiscally sustainable course"?

At some point political spin becomes outright lies.

Brad Miller - Grade School Economist.



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