I'm sorry, I don't think that problem about the Debt, Deficit spending, and the Debt Ceiling have been fixed yet!
The people are ignorant and the politicians are expert choreographers and magicians. Fancy footwork, and the slight of hand will not fix the fiscal disorder we have in Washington.
Who agrees with me, that the press won't talk about budgets again until sometime in Friday, December 13, 2013, when the "Conference Committee" is to deliver a budget.
There should be pressure on here. Why aren't the American people up in arms about this. Our government has not passed a budget in over 5 years. This is their job, they have failed to do their job for 5 years and we the people just watch TV.
I don't get it.
In the immortal words of Master Yoda, "do or do not, there is no try".
Do your jobs congress, you have no choice. At some point, I have faith, the American people will snap out of the trance they are in. We will clean house then.
Take care friends.
T. M. Mangum
Showing posts with label budget. Show all posts
Showing posts with label budget. Show all posts
Tuesday, October 22, 2013
Friday, October 18, 2013
The last three weeks
For several weeks the nation was involved in a debate
centered on the topic of the National Debt.
Some in the main stream media have called the end of the partial
government shutdown a loss for the Republican Party, a waste time, and harmful
to the nation. If the American people
have not decided to become more informed on the failings of congress and the state
of the Nation’s fiscal house then I guess I can agree with their
summation. I believe, However, it is
never a waste of time to bring to light the ills that need to be healed. Our government for more than 5 years now has
not passed a budget. We have run fiscal
yearly deficit of over $1 Trillion for at least that same number of years and
the national debt will soon top $17 Trillion!
The problem with the last few weeks is the talk was not all about
Budgets, Debt, Deficits, and Fiscal Responsibility. Now that again is in my opinion the fault of
the Media as well as the Republicans but I hold to the notion that it is never
a waste of time to try and bring the debate to the people and discuss the
things that need to be fixed.
Wednesday, October 16, 2013
The Budget, The Deficit, The Debt
So, what we
are being told is that the 432 members of the House and the 100 members of the
Senate, along with the President; for several years now have been unable to
agree on a budget, that too much debt ($17 Trillion + and counting) is not
good, and that running Trillion Dollar Deficits every year is not a way to
reduce debt.
In the State
of Utah where I live, the week following the Government shut down, new
unemployment claims surged by 7,000. I
am one of those fortunate souls. If you
take a moment to read back through my posts here you will be able to garner
several things:
1.
I am a
conservative, constitutionally minded, advocate for change in our
government.
government.
2.
I think
most of the American Electorate, (The People) are simply ignorant
when it comes to politics, government, and economics.
when it comes to politics, government, and economics.
3.
If the American
people do not re-educate themselves, and change their
government, in the end the US and the world economies will suffer
greatly.
government, in the end the US and the world economies will suffer
greatly.
4.
I do
believe that a better America is worth fighting for and that true
change, by the will of the people, can be accomplished.
change, by the will of the people, can be accomplished.
In one day, if 533 Idiots do not raise the Debt Ceiling the U.S. as a nation will experience many harsh realities and people around the world will suffer. Let us not make any mistake about who is at fault here. While it is very evident that our elected representatives hold the smoking gun and have their fingers on the trigger, it is our fault that our nation is here at this place now.
We have been here before, the debate about budgets, deficits, and national debt have ebbed and flowed like the tides and we have failed to direct our elected representatives in the matter. However this again to me is not surprising. I have heard the conversations,
“we can’t cut military spending it will weaken America.” A good friend of mine
Echo’s the reporting of the day in 2011 as the debate over budgets, deficits, and debt took center stage. With 2012 Defense spending at $1.4 Trillion Dollars, I think that cuts are very appropriate and necessary. The task of prioritizing and slimming and cutting out waste should go to the professionals we employ and elect in Washington and the Pentagon and the “this will weaken the US.” BS argument is null because it is their jobs to do what needs to be done with the money provided.
“Changing the retirement age for Social Security is not fair.” Another good friend
Again echo’s the reporting of the day
back in 2011 when the debate over budgets, deficits, and debt was center
stage. Again, we the people have to wake up and gain control of our senses and our government. If you are on Social Security, Medicare, and Medicaid
no worries no change for you. If your 62
well we just moved the goal post, don’t look for partial benefits till your 65,
and none of us should be looking for benefits before 70! If there is great hardship and inability to
care for one’s self we should make exceptions and of course there is major reform
needed in the system; the amount individuals pay, corporations pay, and the government
pay into the fund as well as in how the fund can be used by the government but
this must be part of the plan.
I highlight these two areas because they represent the two grate portions of the Nation’s Budget and the two great sides of the chasm that divides the people and their representatives.
Start with the big things the rest will follow. Not changing the way we do things will lead to much greater suffering.
Thanks for stopping by.
Thomas M. Mangum
Friday, July 22, 2011
It is Time, To take from the hands of the bueracrat, politician, judicial activist, eleitist, government entity the ability to enslave the population.
Enslavement by either providing benefit or manipulation of the tax code. This is not an appropriate activity for the federal government, the government has participated in the activity of manipulation of the population through taxation an the providing of benefits/subsidies for much to long and it is time to end this attrocious affront to the personall liberties of the people. It is time to once again bring this nation back to the standard of, government at the consent of the governed.
How will this be accomplished? Constitutioanl Ammendment XXVIII;
We the people understanding that the establishment and maintenance of the federal government requires the expense of the common currency. Realizing that historically governemtents grow and become oppressive, we cause the following restrictions upon the federal government of the united States of America.
All portions of the constitution, ammendments, and articles that stand in contradiction to this ammendment are recinded. All current law that stands in contradiction or contrast to this ammendment are recinded.
The purpose of this ammendment is to address the subject of Federal Government Revenue, Federal Government Spending, and the Financing of Campaigns forElection of Federal Government Representatives.
Funds used by the federal government shall come from the following sources and no other.
1. A levi on all imported goods meant for sale to the consumer of 2.5% shall be levied against all said goods. Congress shall make no law changing or obstructing the collection of said levi.
2. A national sales tax of 2% on all products and services to the consumer except for products considered to be individual subsistance shall be levied against all producst and services sold directly to the consumer. Congress shall make no law changing or obstructing the collection of said tax.
3. A national income tax shall be levied against the income of all individuals, entities, organizations, corporations and groups of 5%, allowing for the adjustment of gross income for the following allowable expenses. Income is the amount of gain to the individual, group, entity, organization, or corporation in any given calendar year in the form of wages, revenuse from sales, fees, dues, gifts, and inheritance, received from employers, customers, acquaintences, family, frinds, agencies, organizations, and or members.
a. Income shall be impacted negatively by the documentable cost to the entity for employing individuals to include wages and health benefits, dental benefits, preventive health penefits, mental health benefits, unemployment insurance, and disability insurance.
b. Income shall be impacted negatively by the documentable cost of contributions of funds to a recognized investment intended for use in retirement, disabillity, or later years of life in the amount of 3.5 % of the individual’s and entity’s total gross income.
c. Income shall be impacted negatively by the documentable cost of physical, infrastracture and equipment maintenance and purchase for business entities.
4. Direct use fees for entry into public lands, parks, museums, monuments, and entertainment activities may be collected the fee may not be greater then fees charged in the private market for access to a simalair and corresponding type attraction.
5. A National Income tax on all gross income earned by any and all entities of .5% will be collected and placed into a national Social Security trust fund.
a. Congress shall not expense funds from this trust for any other reason than to provide support for those citizens who are unable to care for themselves. The term Unable to care for themselves shall be determined by law passed by the congress.
b. Congress will constrain the use of the fund in a manner that will allow the fund to continue in perpetued using the funds collected by the .5% National Income Tax.
c. Congress will not in any way jeprodize the strength, security, standing, and level of balance of the trust through debet, bonding, using as security, and or any other means.
6. The federal government will within 6 months of ratification of this ammendment end the employment of all individuals and end all activities of the Internal Revenue Services and all entities concidered subordinate entities of the Internal Revenue service. Within 10 months of the ratification of this ammendment the federal government will establish the Revenue Accounting and Collections Service (RACS). RACS responsibility is to ensure the unintrusive collection of revenue to the federal government in accordance with this ammendment.
7. Congress, RACS, and or any other entity of the federal government may not attach any other increase through fee, fine, penalty or interest to any tax obligation of any entity under the authority of the United States Government.
8. Congress shall make no law, schedule, regulation, or allow any entity to enact regulation, allowing for the transfer of revenue from one sourse to another source thus negating the obligation of the receiving entity to contribute the stated tax obligation listed in this amendment.
9. The Federal Government of the United States will pass each fiscal year no later then the 29th day of October a budget that is in balance with the following restrictions.
a. Yearly fiscal budgets will be constrained in its spending to a deficit of no more then 5% of the previous years total collected revenue.
b. The national debt may never be greater then 20% of the average collected revenues of the previous 8 fiscl years.
c. It times of major calamity, after a full and open debate of 360 hours, providing to the general population all information pertaiing to the previous year’s budject current and subsequent years proposed budget, a super majority of both houses of of seven eighths of 100% of the members voting, the congress may exceed the deficit and debt restictions for the current fiscal years budget.
10. Only individual citizens residing in the political district of a candidate may contribute to the candidates campaign for a federal government elected position.
a. Individuals must fully disclose all contributions and the contribution may only come from the personal funds owned by the individual.
b. For profit businesses, non-profit organizations, groups, coalitions, and parties headquartered and or doing business in the district of a candidate for a period of 5 years may contribute a total of $5,000.00 dollars to the candidates campaign for a federal government elected position. All contributions must be fully disclosed.
11. Congress shall make no law, treaty or agreement that changes any protion of this ammendment.
Subscribe to:
Posts (Atom)