Profundities

Democracy must be something more than two wolves and a sheep voting on what to have for dinner. –James Bovard, Civil Libertarian (1994)

Afterburner Bill Whittle: Making it hurt

Quote of the Day 03/20/13

“It is a general popular error to suppose the loudest complainers for the public to be the most anxious for its welfare.” – British statesman and political thinker Edmund Burke (1729-1797)

What would James Madison say? By the Bear

The original Constitution was a 6 page hand written document containing 4,400 words with 10 Amendments commonly referred to as the ‘Bill of Rights.’ Today we have a total of 27 Amendments.

Among the chief points at issue at that time in 1791, was how much power to allow the central government.

James Madison, who became our 4th President, was given the task of being the primary author of the Constitution and is now called the “Father of the Constitution.” Madison said in The Federalist paper No. 45… “The powers delegated by the proposed Constitution to the federal government are few and defined. Those which are to remain in the State governments are numerous and indefinite.”

Madison makes it absolutely clear that our Constitution was written by our founders with the purpose of creating a federal Government with few but necessary powers relative to those of the States.

I wonder if Madison was here today, what he would say about our present gigantic Federal bureaucracy that employees over two million people, who account for massive spending and never-ending budget deficits and National Debt.

    We must not let our rulers load us with perpetual debt. -THOMAS JEFFERSON,

    As a very important source of strength and security, cherish public credit. One method of preserving it is, to use it as sparingly as possible; avoiding occasions of expense by cultivating peace, but remembering also that timely disbursements to prepare for danger frequently prevent much greater disbursements to repel it; avoiding likewise the accumulation of debt, not only by shunning occasions of expense, but by vigorous exertions in time of peace to discharge the debts, which unavoidable wars may have occasioned, not ungenerously throwing upon posterity the burthen, which we ourselves ought to bear. – GEORGE WASHINGTON

Madison was known to be a gentlemen, but even gentlemen loose it sometimes and if he was here today I would venture he would say … “What is it that you DO NOT understand about the words… The powers delegated by the proposed Constitution to the federal government are few and defined.”

Nowhere in the Constitution does the Federal Government have the authority or the right to get involved with: Education, National Health Care, EPA and Property Rights, Marriage, Funding Contraception and the list goes on and on.

Today the country has a Federal Register of rules and regulations of 81,405 pages and millions of words that covers everything, from how you should live your life to how you run your personal business. We have a Federal Income Tax Code contains 72,536 pages, answers range from 3.8 million and 5.6 million words.

I am not as polite as Madison… so in Bear lingo…THIS IS NUTS!

How is it that We the People have allowed the Federal Government to amass so much power and control of our lives, and created such a bureaucratic nightmare when it is obvious that was not the intent of our Founding Fathers?

    Power corrupts; absolute power corrupts absolutely- Lord Acton

If we are, as a country, to remain a country based upon Freedom and Liberty, then we must adhere to our founding principles established in our Constitution or tyranny will be in our future.

    The great American patriot Benjamin Franklin was asked, upon his emergence from the Constitutional Convention in Philadelphia in 1787, what form of government the United States was going to have. Franklin answered succinctly, “A Republic, if you can keep it.”

Ben Franklin Was Correct: A Republic, If We Can Keep It

‘Not One Dime’: Health Care Law Projected to Add $6.2 Trillion to U.S. Deficit By Christopher J. Conover

Congress is likely to follow precedent and bypass the new health care law’s draconian payment cuts to doctors and hospitals, causing the law’s cost to balloon by trillions of dollars.

It turns out President Obama was right when he said his health care law wouldn’t add one dime to the federal deficit.1 Figures from the Government Accountability Office suggest that the Patient Protection and Affordable Care Act will in fact add 62 trillion dimes over the next 75 years.2 (To give that $6.2 trillion some perspective, our national debt is currently $16.7 trillion.) Sometimes called the congressional watchdog, the GAO is the official auditor for the U.S. Congress. GAO is the agency that designated Medicare and Medicaid as high-risk programs because they are particularly vulnerable to fraud, waste, abuse, and improper payments. And it is likewise the agency that ultimately will be tasked with identifying all the bureaucratic snafus associated with Obamacare as it continues to roll out, affecting more and more Americans.

Federal Budget on an “Unsustainable” Path

In the meantime, GAO has issued a report that paints a bleak picture of Obamacare’s impact on our fiscal future. An important takeaway is shown in Figure 1.

No matter whether we use current law (labeled the “baseline extended” scenario) or current policy (labeled the “alternative” fiscal scenario), the January 2010 projections (calculated before Obamacare was written into law) show U.S. public debt3 is soon headed toward historically unprecedented4 and economically unsustainable levels.

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