To be honest the quoted banner is not true to his words. At the time candidate Obama was speaking of electricity rates and his plan for Cap and Trade. The full quote from the Washington Examiner Online is:
You know, when I was asked earlier about the issue of coal, uh, you know — Under my plan of a cap and trade system, electricity rates would necessarily skyrocket. Even regardless of what I say about whether coal is good or bad. Because I’m capping greenhouse gases, coal power plants, you know, natural gas, you name it — whatever the plants were, whatever the industry was, uh, they would have to retrofit their operations. That will cost money. They will pass that money on to consumers.
Yesterday evening I watched with amusement, as I am am sure many you did, as Senator Schumer (D-NY) seemed positively giddy at the supposed trap sprung on those intransigent Republicans in the House side of the Congress. When asked if the Senate would return to appoint conferees to work out the differences in the two bills he responds indicating the House will do what Leader Reid and the President have asked them to do. Forget for a moment that the House is independent from the Senate and represents the people while the Senate is supposed to represent the State Legislatures under our Federalist system; not act solely as a submissive arm of the other chamber. Put aside that all spending measures are supposed to originate in the House and receive vetting from the Senate. What is this dog and pony show really about?
According to the good Senator from New York we are to accept a 60 day arguably meaningless extension of a tax holiday as a bi-partisan “mission accomplished” from the Senate. A measure that NO payroll department will be able to incorporate into employees paychecks based on the normal payroll cycle of 90 days or 1 quarter in the business cycle. So by my reasoning if the House does buckle and pass the Senate version we still see a tax hike returning to former tax levels January 1st and gear up for the next dog and pony show at the end of February.
As we roll into the next election cycle the gamesmanship orchestrated here is all too familiar. What the right and left wings of the Progressive party appear to be communicating is their belief in how utterly clueless they consider us to be. Under the banner of bi-partisanship we are supposed to be lulled into believing they are working in our best interest and if we don’t see it we are just too stupid or intransigent to accept the truth as they see it. If this observation is true, and I sincerely believe it is, then we have reached that point where the political class sees us as serfs if not out right slaves that they have total power over based on their ability to craft any law needed to keep us subservient. This is not a new phenomenon , regretfully, as this behavior has been so clearly pointed out by Frederic Bastiat over 160 years ago.
I cannot avoid coming to this conclusion – that there are too many great men in the world; there are too many legislators, organizers, institutors of society, conductors of the people, fathers of nations, etc., etc. Too many persons place themselves above mankind, to rule and patronize it; too many persons make a trade looking after it. – Frederic Bastiat, The Law, 1850
We have a choice in front of us: Continue to send the same thieves to steal in our name and rule over us or seize back the liberty we have surrendered and restore this once great Republic to the vision our founders laid out for us. Cast aside party and look at what the politician is truly saying in both speech and deed. Does he or she advocate the continued use of the government to steal in your name or does he or she advocate restoring your liberty as found in natural law?
Is it just me or does the controversy the Cain campaign is now facing seem conveniently manufactured? I woke this morning to Fox & Friends breaking news on payouts to make sexual harassment charges go away (italics mine). The show was leading with a Geraldo At Large segment where Geraldo was holding a phone with a Cain campaign staffer on the other end quizzing him on the report from two “anonymous” sources. He was asking the staffer if the reports were true; the classic “do you still beat your wife” trap. Continue reading →
Yesterday evening I heard the news of a major credit rating agency’s downgrade of our national credit worthiness from AAA to AA+. I wish I could feign surprise but that level of dishonesty is not in my moral character. And in a sense that is part of the problem we face; failure as a society to reject the government theft of property from one group of individuals to purchase power through welfarism. This welfarism is the root cause creating the ever increasing debt; we have a spending problem not a revenue problem. Sadly the media en mass seems to overlook that critical little fact. Even the rating agencies seem to be stuck in the failed Keynesian philosophy of Government control through spending and debt to manage an economy over proven free market solutions that could actually turn this and every other world economy around.
The Fox Business article, which contributed in part to the tag line of this piece focuses on the politics surrounding the recent debt ceiling debate rather than trumpet the real issue the public needs to awaken to.
The heated debate on Capitol Hill and in the halls of the White House stalled repeatedly during months of negotiations, leading S&P to question the “effectiveness, stability, and predictability of American policy making.”
Flipping through today’s WSJ I came across the quoted letter written in response to the July 30th “Hobbit” opinion piece. Kudos to Mr. Stevenot. Well said!
Regarding your editorial “The Debt-Limit Hobbits” (July 30): I join with my other southwest Ohio tea-party leaders in opposing the Boehner plan because we’ll get less than 3% “real” spending cuts in a government that has bloated 40% in four years, and this is not enough. Authorizing $1 trillion in new debt today for the promise of cuts which may or may not work out to be more than that over 10 years is an unfavorable deal.
Kudos to the Club for Growth, Heritage Action, Jim Jordan, Jim DeMint, Michele Bachmann and others for standing on principle and opposing this plan.
As for Middle Earth, to quote Gandalf, standing before the hordes of Mordor at the Black Gate, “Surety you crave! Sauron gives none. If you sue for his clemency you must first do his bidding. These are his terms. Take them or leave them” . . . But as for your terms, we reject them utterly. . . . Begone!”
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