{"id":5299,"date":"2011-07-04T02:48:42","date_gmt":"2011-07-04T09:48:42","guid":{"rendered":"http:\/\/www.politicsplus.org\/blog\/?p=5299"},"modified":"2011-07-04T02:48:42","modified_gmt":"2011-07-04T09:48:42","slug":"a-chip-off-the-old-tin-foil-hat","status":"publish","type":"post","link":"https:\/\/www.politicsplus.org\/blog\/2011\/07\/04\/a-chip-off-the-old-tin-foil-hat\/","title":{"rendered":"A Chip Off the Old Tin Foil Hat"},"content":{"rendered":"

Sometimes we find the same family giving America more that one great leader.  The Roosevelt family gave us both TR and FDR, 5th cousins.  The Kennedy family gave us John, Robert and Teddy.  At other times, some families have given America more than one catastrophe.  The Bush family gave is Prescott, a Nazi sympathizer, who continued to do business with Hitler throughout WWII, his son GHW who lied to get us into Iraq the first time, and his son and GW, aka Potomac Pinocchio, the worst president in US history.  However, no family has given America two such absolute lunatics as the Paul family.<\/font><\/p>\n

\n

\"RandHat\"Sen. Rand Paul (R-Ky.) is planning a Senate filibuster next week in an attempt to force debt ceiling negotiations into the open.<\/p>\n

"We’ve had not one minute of debate about the debt ceiling in any committee," he said in an interview<\/a> with C-SPAN’s "Newsmakers" that aired on Sunday. "We haven’t had a budget in two years. We haven’t had an appropriations bill in two years. So I’m part of the freshmen group in the Senate that’s saying, ‘no more.’" <\/p>\n

Paul’s plan: "Next week, we will filibuster until we talk about the debt ceiling, until we talk about proposals."<\/p>\n

He added that a group of senators in the "conservative wing" of the Republican Party will also be presenting a proposal to tie raising the debt limit to passage of a balanced budget amendment<\/strong>. <\/p>\n

"[W]e will actually vote in favor of raising the debt ceiling next week if we can, but it will be contingent on passing a balanced budget amendment to the Constitution<\/strong>," he said, adding, "I’m not completely without the sense that we may need to raise the debt ceiling. But I will only do it if we have significant budgetary reform, and to me that means you have to balance your budget every year."\u2026 [emphasis added]<\/p>\n<\/blockquote>\n

Inserted from <Huffington Post<\/a>><\/p>\n

As nice as the idea of a balanced budget sounds, there are times when economic reality demands deficit spending and other times that allow a budget surplus.  Roosevelt and Truman ran deficits during WWII.  Truman and Eisenhower knew how to deal with it.  They kept the top marginal tax rate over 90%.  Ronald Reagan ran up a huge deficit needlessly. Clinton balanced the budged and gave us a surplus.  GW Bush ran up a huge deficit and trashed the economy.  Obama has taken the blame for major deficit increases, but the vast majority of them were mandated under the Bush Regime.  To enable decreases in spending, we first need increases in revenue, a task that would be far easier had not Republicans blocked stimulus.<\/font><\/p>\n

Now Paul whines about the lack of a budget.  There has been no budget for one reason only.  His Republican Party has filibustered every budget attempt, sabotaging America for political gain.  Like his father he has zero understanding of economic issues.  The father would return us to specie, one of his new ideas,<\/em> although requiring specie almost collapsed the economy during the 19th century.  The son would require balancing the budget completely on the backs of the poor and middle classes.<\/font><\/p>\n

Rand is just a chip off the old tin foil hat.<\/font><\/p>\n","protected":false},"excerpt":{"rendered":"

Sometimes we find the same family giving America more that one great leader.  The Roosevelt family gave us both TR and FDR, 5th cousins.  The Kennedy family gave us John, Robert and Teddy.  At other times, some families have given America more than one catastrophe.  The Bush family gave is Prescott, a Nazi sympathizer, who […]<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-5299","post","type-post","status-publish","format-standard","hentry","category-politics","category-5-id","post-seq-1","post-parity-odd","meta-position-corners","fix"],"_links":{"self":[{"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/posts\/5299","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/comments?post=5299"}],"version-history":[{"count":0,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/posts\/5299\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/media?parent=5299"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/categories?post=5299"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/tags?post=5299"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}