Good article by Glenn Beck

March 27, 2008 10:26 by johnolimbo

http://www.cnn.com/2008/US/03/26/beck.deficit/index.html?iref=mpstoryview

The Article is entitled the $53 trillion asteroid.

What is he talking about... remember that I told you how MnM costs and SS costs were rising?  Remember that WSJ editorial by Gov. Sanford?  Same thing.  If you guys, if my generation, vote Democrat we are going to raise spending and taxes for at least the next four years*.  We are going to be looking at the best a 500 billion dollar deficit each year and at the worst nearly a trillion.  We will be sinking into more and more debt, and we will be in essence, pardon my French but screwed!  John McCain is the only candidate who consistently opposes government waste.  He is the only candidate who talks about this upcoming crisis.  He is the only candidate who will cut spending, and cut taxes and attempt to balance the budget.  If you vote Democrat you are going to vote against financial common sense.  Take the top three economists and let them debate Obama or Clinton.  Hell take any of those three and let them go at it - the results would be devastating. The government is not a business and not an industry.  Who makes innovations?  Who makes money, who makes goods and services?  How do we grow economically speaking as a country?  Private sector private sector private sector!  Everyday I am amazed at how little Clinton or Obama understands the economy or trusts their fellow man.  Trust their fellow man?  Thats right I said it.  Because if you trust your fellow man you trust him to do his best, to try his hardest, to pull his weight.  Those are the virtues of the free market, those are the virtues of capitalism.  MnM and SS are government commitments, commitments that do not embrace the free market.  Commitments that are doomed to fail.  A vote of D is a vote of distrust.  Government regulation, government intervention - too much of this is like government ownership - and what is that my friends?  That is socialism.  You guys have to understand that we need more than 4 years to address the crisis we are in.  We might not even have enough time to address this crisis by 2019...  But we need to think long term.  And a vote for Democrat is a vote for short term meritocracy and long term disaster.  You want more specifics?  I'll be glad to provide them one issue at a time.  I am still working on how trial lawyers (who put almost 87 million in last election cycle and over 75% of it to the dems) are affecting health care costs - which drives up the costs for you - punitive damages.  Who is advocating the solution - tort reform, caps on pun damages?  Do you think is it Obama and Clinton who are in the pockets of trial lawyers?  Or do you think it is McCain who is not in the pockets of the trial lawyers.  The dems will fool you - they will pretend they have you best interest at hand, but look deeper guys.  See who benefits from their policies - and ask yourself - why would rich lawyers be D and give money to Ds if they make a lot of money? 

 

* - because Congress uses spending baselines in their budget a real increase this year (more than just inflation adjustment) will mean a real increase in spending that will continue forever - in other words if you move from 1% of gdp in a project to 2% that will become the new baseline for the future, or until Congress cuts spending - and how likely is that to happen ...


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