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Monday, May 13, 2013

Balanced Budget Amendment Could Do It

Doctor Toms Rant - Blogged


"The last time the national debt exceeded 100 percent of gross domestic product was during World War II, when the Unite States assumed massive debt to fund the war effort. During the past decade, the national debt has skyrocketed to $16.5 trillion while for the fourth year in a row Congress has failed to produce an annual federal budget. The Compact for America (CFA), which proposes that state legislatures use an interstate compact to advance a Balanced Budget Amendment (BBA), could reduce the national debt to acceptable levels, says Nick Dranias, director of the Center for Constitutional Government at the Goldwater Institute.
  • The Balanced Budget Amendment would require a majority of state legislatures to approve any increase above an initial debt limit.
  • Advancing a balanced budget requirement through interstate compact allows states to utilize their sovereign power under Article V of the U.S. Constitution, which authorizes states to originate constitutional amendments by applying to Congress to call a convention for proposing amendments.
  • Without the interstate compact process, ratifying an amendment would require a lengthy process with more than five different state and federal legislative components.
The CFA BBA is designed to spring into action upon certain conditions: when either spending exceeds 98 percent of the debt limit or when the national debt exceeds 105 percent of the outstanding debt upon ratification.
  • The CFA BBA would be particularly effective because it requires total federal outlays to never exceed total receipts at any point of time.
  • This means that accounting techniques cannot be used to allow greater spending because total receipts and total outlays are defined by the amount of actual cash on hand.
  • The proposal would restore some balance back to the system of checks and balances by giving states a say in the federal government's borrowing ability, which undeniably affects the states.
The Compact for America Balanced Budget Amendment would set a firm constitutional cap on debt that would help the dollar retain its strength. The design of the interstate compact is full of safeguards that ensure the legitimacy of the convention process and the constitutionality of the whole process. Since no interstate compact has ever been struck down, the CFA would serve as a valuable tool for states to reign in federal spending.

Source: Nick Dranias, "States Can Fix the National Debt: Reforming Washington with the Compact for American Balanced Budget Amendment," Goldwater Institute, April 23, 2013.

Wednesday, May 8, 2013

An Unfolding Nightmare!


Doctor Toms Rant - Blogged


"Barack Obama’s America is a place where the president’s daughters can vacation on the taxpayers’ dime in the Caribbean and twice at ski resorts, all within three months, plus attend ritzy private schools, while poor black children at horribly failing schools in the District of Columbia have their “opportunity scholarships” taken away.

Barack Obama’s America is one where a black man can be elected president and a black man can be appointed attorney general, and then where both they and their sub-appointees can argue that huge parts of America are still fundamentally racist.

Barack Obama’s America is one where foreign terrorists captured abroad should be tried in American courts, with full American procedural rights, but where American citizens who aren’t an immediate threat can be killed by remote control without benefit of charges, trials or convictions.

Barack Obama’s America is one where black applicants who easily pass an entrance exam for the fire academy in New York can be denied a job for years but where black applicants who missed 70 percent of the exam questions can be eligible not just for jobs but for back pay, benefits and retroactive promotions.

Barack Obama’s America is one where fishermen aren’t allowed to catch red snapper but where the government can kill tens of thousands of snapper by blowing up oil rigs that provide valuable habitat for Gulf sea life.

Barack Obama’s America is a place where Americans can’t drill for oil in American waters but where American taxes can be used to subsidize Brazilian oil exploration and development.

Barack Obama’s America is a place where felons can vote but soldiers can’t. It’s where elderly people are arrested for peacefully protesting against abortion, but where paramilitary-dressed black radicals can’t be prosecuted for threatening voters. It’s where children can’t shape breakfast pastries into the vague shape of a gun, but where children can procure abortions without even informing their parents.

Barack Obama’s America is where citizens must show a valid ID to get a job, but cannot be required to produce ID to vote.

Barack Obama’s America is where preachers who describe traditional Christians as bigots get rewarded with presidential visits, but where pastors who preach traditional morality get accused of hate speech.

Barack Obama’s America is one in which, when an American ambassador and three others are killed, the only person held to justice is one who made an Internet video that almost nobody saw.

Barack Obama’s America is one where the “free exercise of religion” would be restricted to mere “freedom of worship.” It’s where religious institutions have almost no rights to determine who is and isn’t a “minister” under their employ. It’s where speech rights aren’t inherent, but instead are “doled out” by government. It’s where the Second Amendment is limited, and where the Tenth Amendment is almost non-existent.

In Barack Obama’s America, you didn’t earn your own success and you hold on to guns and God only because you’re bitter and resentful. Your rights as a secured creditor are destroyable at the government’s whim; your right to choose not to own something (health insurance) is non-existent. And you can be told first that you won’t pay a single new tax for a national health plan, but then told the entire plan is constitutional specifically because it is a tax.

In Barack Obama’s America, states cannot be allowed to enforce immigration laws, but they can’t be allowed not to enforce health-care laws. States that won’t enforce federal laws against vote fraud get a free pass, while states that do try to abide by federal laws against vote fraud get sued by the feds.

Barack Obama’s America is a place where legal subpoenas get ignored, false testimony under oath is cheered, government evades transparency, government watchdogs are hounded from office, and White House access is sold with impunity.

Barack Obama’s America is one where regulations are super-abundant, but jobs are woefully scarce.

Obama’s America is an unfolding nightmare. 

And as yet there’s no sign of the dawn’s early light." Quin Hillyer

Thursday, April 11, 2013

Sunday, April 7, 2013

The Real Difference in a Nutshell

Doctor Toms Rant - Blogged


                   The Difference Between a Republican vs Democrat:

If a Republican doesn't like guns, he doesn't buy one.
If a Democrat doesn't like guns, he wants all guns outlawed.

If a Republican is a vegetarian, he doesn't eat meat.
If a Democrat is a vegetarian, he wants all meat products banned for everyone.

If a Republican is homosexual, he quietly leads his life.
If a Democrat is homosexual, he demands legislated respect.

If a Republican is down-and-out, he thinks about how to better his situation.
A Democrat wonders who is going to take care of him.

If a Republican doesn't like a talk show host, he switches channels.
Democrats demand that those they don't like be shut down.

If a Republican is a non-believer, he doesn't go to church.
A Democrat non-believer wants any mention of God and religion silenced.

If a Republican decides he needs health care, he goes about shopping for it, or may choose a job that provides it.
A Democrat demands that the rest of us pay for his.

If a Republican reads this, he'll forward it so his friends can have a good laugh.
A Democrat will trash it because he's "offended". 

Friday, April 5, 2013

Truer Words Were Never Spoken.

Doctor Toms Rant - Blogged


              "The American Republic will endure, until politicians
                      realize they can bribe the people with their own money.”


Whoever wrote this, it certainly is the truest wisdom ever spoken regarding America. Some say this sentiment is attributed to Tocqueville or Alexander Tyler and some even say Franklin, but it is not fully known whose statement it is. Nevertheless, it is a perfect description of what happens when the Cancer of Socialism is introduced into a healthy free society. 

It exposes the entire game plan of the Democratic-Socialist party masquerading as both Santa Claus and Robin Hood. Personally I would not be surprised if it were uttered by Madison or even Hamilton in the Federalist Papers era though it would seem likely that the source would have turned up by now. 

It could also be said," If one robs Peter to pay Paul, one can always rely on the support of Paul, and there seems that there are a lot of Pauls in America!"

When one administration is able to double the spending in 4 years that the previous "unpatriotic," as Obama has dubbed it,  administration had spent in 8 years, people should get the message that maybe, just maybe, we have a real big problem in Washington, D.C.. 

BUT, The Pauls of America spoke in the 2012 election, screaming for more "free stuff," and Obama and his charges were more than willing to PROMISE it, but, in the end, only give their donors what could be considered "massive kickbacks" by using Pauls' money.

Some of American's unwillingness to put their noses to the grindstone, as it once successfully did and produced a country of unbelievable prosperity, can now only grovel at the feet of tax/spend addicted elites who mean to enslave Paul for all the taking of "free stuff" in the past. Yet Paul continues to think he is getting something for nothing, and thus continues his own charade of success without a penny in his pocket.


              "The American Republic will endure, until politicians
                      realize they can bribe the people with their own money.”

                         TRUER WORDS WERE NEVER SPOKEN

Tuesday, April 2, 2013

What's "REDISTRIBUTION OF WEALTH" Mean?

Doctor Toms Rant - Blogged


When he proposed to redistribute wealth, Obama meant that the system has to
find a "trick" way to transform your wealth into government's hands.
Government will then distribute that wealth to others of its choosing.

Your work and your wealth will belong to the government "in the name of
society"; in other words, it will belong to the collective.  Actually,
though, your work and your wealth will belong to the elite of the
government, who will decide who and what is given your money.  

This is what "redistribution of wealth" means in Obama's philosophy;
                           It is also the basic principle of communism.

The meaning of the "redistribution" of wealth is official government
stealing and the end of your freedom.  It is the beginning of your forced
sacrifices for your leader, your government, and your society.  This leads
to a permanent realignment of power in society, as has been seen in Europe,
or the rise of a dictator, as has been seen frequently in communist society.

Obama's America is a communist society.  As history shows, he will bring
about this way of life by the following means:

1. Transforming private property into collective property. 

The right to individual private ownership of property is sacred in America.
American society is based on a person's right to the fruit of his labors,
not to mention his ancestors' labors.  The government has no right to take
these away. 

Under redistribution of wealth philosophy imposed by government-- and of the communist system - you have no personal right to your work, property, or inheritance.

2. Destroying the initiative and creativity of people.

America's wealth and prosperity were created by individuals with the great
desire and creativity encouraged by a free society.  Many Americans started
at a lower income and with no prior wealth.  Andrew Carnegie, Henry Ford,
Bill Gates, and Steve Jobs, among others, started with essentially nothing
and built huge enterprises.

Creativity and working hard were emphasized by many successful Americans
during their lives and after their deaths.  Andrew Carnegie, for example,
felt so strongly that each generation should make its own way that he left
the bulk of his estate to charity.

The successes and consequent contributions of these "wealthy" people create
growth and opportunities for other Americans, resulting in more success and
wealth for America as a whole.  But eliminating from society individual
power and desire curtails and squashes the drive for success.

A government does not create wealth.  It is the private sector, where new
businesses are started and flourish, that allows opportunity and wealth to
expand.  The private sector is responsible for economic growth.

As America's successful become wealthy, they are able to give more and
support others, be it through research projects, schools, or the arts.
Throughout history, it has been the wealthy who have commissioned fine art,
musical compositions, museums, and other monuments of civilization.

3. Increasing the poverty of all who depend on government for basic needs.

Government redistribution will not help the poor.  History has shown that
redistribution of wealth makes all poor. 

In communist societies like China, Russia, Romania, etc., there was and
there is no equality of classes.  Rather, there exist millions of poor
people under a small, elite group of communist rich who never care about
helping poor people.

History shows example after example of communist systems that have
collapsed, each of which made promises like equality and justice and failed
to deliver.  But each of these collapses took millions of lives and many
generations, as people discovered the lies and finally fought the system
only at length.

American society is well-known for its compassion for and charity to the
poor.  Many programs, both private and public, are in place to help those
seeking to overcome poverty.  Yes, many in society believe we should be
doing even more.  But one must remember that poor people are part of our
society who need to be helped, but not enabled. 

We must not be stopped by the pressure of political correctness to
acknowledge that many people have greater abilities than others -- artistic
or musical skills, abilities in mathematics or science, in leadership, in
business, and so forth.  Therefore, as people are different in abilities and
effort, fairness of reward requires such differences.  This is in fact the
true "fair shake" we hear so much about today in politics.

 We have to decide if we want to elect a president who will bring us back to the American values of free market and free opportunities to pursue the American dream, or if we want to elect a president who will take us into socialism and communism -- in other words,the end of our freedom, where government controls, dictates to, and owns us.

                  Redistribution of wealth means not
                                       equality, fairness, or justice, but
rather poverty, slavery, and a complete lack of freedom.
by Virginia Prodan, Americanthinker.com

Wednesday, March 27, 2013

What BO Hath Wrought

Doctor Toms Rant - Blogged


Slow Economic Growth in 2013

March 14, 2013
"Recent economic news has created just a sliver of hope, yet the overall economic picture for 2013 looks bleak. The combination of deficits, regulations and labor trends will create significant obstacles to achieving the economic vibrancy of decades past, says Bruce Yandle, a distinguished adjunct professor of economics with the Mercatus Center at George Mason University.
The Congressional Budget Office (CBO) predicts a 1.7 percent growth in gross domestic product (GDP) in 2013, the World Bank predicts 1.9 percent and Wells Fargo predicts 1.7 percent. This suggests that 2013 will be a rockier year than 2012 but luckily all signs point to a stronger recovery in 2014. However, growth will continue to be suppressed by fiscal policy and macroeconomic conditions.
  • The United States will spend about $388 billion per year servicing $16.4 trillion in debt at current interest levels but this cost would jump to $820 billion per year at 5 percent.
  • GDP growth is being suppressed by bank regulators whose tight grip on lending and ultra-low interest rates has kept a budget crisis from occurring.
  • Even if nominal GDP growth is larger than the CBO's official predictions for 2015 to 2023, GDP growth per year will only average about 1.47 percentage points.
This lackluster growth is hardly enough to offset the gap between government revenues and government spending, which is estimated at 2.72 percent of GDP per year. Improved GDP growth would make America's future fiscal situation easier to manage but the deficit problem must be addressed.
  • Federal regulation, which costs an estimated $1.8 trillion annually, creates another obstacle that hinders growth.
  • Over the past four decades, lawyers and lobbyists have contributed to the incredible growth of the Federal Register, the federal government's publication detailing all proposed federal regulations.
  • While recent employment data shows some improvement in the labor market, President Obama's proposal to raise the minimum wage to $9 per hour would not stimulate the economy but instead punish lower-income workers.
If the economy is to grow, the thicket of rules and regulations must be thinned and government deficits must be reined in." NCPA
Source: Bruce Yandle, "The Economic Situation, March 2013," Mercatus Center, March 1, 2013.