KER Politics – Thu 13 Jun, 2019

Comments from the Press about the National Debt actually from Cal Thomas

Deeper and deeper in debt

BY CAL THOMAS Tribune Content Agency

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There are many addictions besides drugs, sex and power. There is also our increasing addiction to debt. According to Money Magazine, reporting on figures from the New York Fed, “Americans’ debt hit a new high of $13 trillion last year, surpassing the previous record set in 2008 by $280 billion.”

On a personal level, individual American debt averages $7,800, according to the U.S. Census. Credit card debt and student loans account for a good portion of it, depending on one’s age, with people 75 and older having the least debt and middle aged and younger people having the most.

This is chump change when it comes to spending by the federal government. Citizens Against Government Waste has just published its annual Pig Book, detailing wasteful and unnecessary pork barrel spending by politicians.

To raise your outrage to its proper level, the book needs to be read in its entirety, but here are just a few of its lowlights. Remember “earmarks,” those spending additions to bills that resemble leeches on one’s body? A “moratorium” was placed on them in fiscal year 2011, but Members of Congress have been pressuring their leadership to get rid of them so that they might resume bragging to constituents how they are “bringing home the bacon.”

According to CAGW, 282 earmarks were added to spending bills in the fiscal 2019 budget, a 21.6 percent increase from fiscal 2018. That cost taxpayers $15.3 billion in additional money we don’t have and must borrow. Earmarks are added in secret, so their authors are unknown to the public. How’s that for transparency?

Seven earmarks were added for the overpriced, over budget and overdue F-35 Joint Strike Fighter (total $1.8 billion), “including eight additional planes for the Air Force, six for the Navy, and two for the Marine Corps. In development for nearly 18 years and eight years behind schedule, total acquisition costs now exceed $428 billion; nearly double the initial estimate of $233 billion. A 2019 DOD Selected Acquisition Report noted that the F-35’s lifetime operation and maintenance costs will total approximately $1.2 trillion, the most expensive weapon system in U.S. history.”

This is the Pentagon’s equivalent of California’s ludicrous $77 billion high-speed rail project, which at least has been sharply cut back. Unfortunately, when it comes to federal spending, failure is never a sufficient reason to stop.

Speaking of the West Coast, how about this one – $65 million for the Pacific Coastal Salmon Recovery Fund. “For the third consecutive year,” notes the Pig Book, “President Trump’s budget recommended eliminating its funding because it favors state, local, and/or industry interests, and are ‘not optimally targeted … favor certain species and geographic areas over others,’ and do not direct funds to programs and projects that have ‘the greatest need or potential benefit.’” When it comes to spending, logic never wins.

Here’s a favorite: $13.8 million for wild horse and burro management (largest amount ever). Since FY 1992, Congress has added earmarks totaling $18 million for this program. Perhaps if Congress looked at the south end of these animals they would see their own reflection, which is the image many Americans have of them.

One more (but there are many more): $12 million for the aquatic plant control program, the largest amount ever. Since FY 1994, aquatic plant control projects have been earmarked by Sen. Minority Leader Chuck Schumer, D-N.Y., Sen. Patrick Leahy, D-Vt., and then-Sen. Jeff Sessions, R-Ala. Spending is always bipartisan.

Historically, a contributing factor to the decline of great nations has been massive and uncontrolled debt. We are headed for a similar abyss. Read the Pig Book, be outraged and then vote them out of office.


Comments:
  1. On June 13, 2019 at 10:06 am,
    OOTB Jerry says:

    Debt by design…..
    Better do your history lesson….

    • On June 13, 2019 at 5:34 pm,
      Big Al says:

      Hi Jerry, I have done my history lesson and I happen to completely agree with you, sir!

      • On June 14, 2019 at 7:45 am,
        OOTB Jerry says:

        Hello Owl………History keeps repeating…..because we have the same ding dongs , that follow the Corrupt ONE….

    • On June 13, 2019 at 5:43 pm,
      Big Al says:

      Folks in the high tech arena are known to be brilliant. Some of our friends kids reached a point in their late 30’s and mid 40’s where their net worth exceeded five to ten million dollars. These are very bright young people who will soon be leading America through their knowledge of the Internet. Think I am crazy? Check again!

      • On June 14, 2019 at 7:52 am,
        OOTB Jerry says:

        Leading America……like a bull with a nose ring….. 🙂 🙂

  2. On June 13, 2019 at 11:41 am,
    b says:

    I noticed Putin and Xi have said they will replace any lost commerce with the U.S. in about a year.
    They figure they will have no need of the U.S.
    I dont blame them, the BRI and the railway from Bejing to Moscow should employ just about everyone and create huge opportunity.
    Which unfortunately N.America wont be part of.

    • On June 13, 2019 at 12:09 pm,
      OOTB Jerry says:

      Good who needs them…..except for the Corporate Cabal……

    • On June 13, 2019 at 5:45 pm,
      Big Al says:

      And that is what happens, b, when you think that you are the prettiest baby in the nursery as America does! Sad and stupid, but very true!

      • On June 14, 2019 at 7:49 am,
        OOTB Jerry says:

        Leading America…..like a bull with a nose ring……….. 🙂

        • On June 14, 2019 at 7:50 am,
          OOTB Jerry says:

          oops wrong spot…

  3. On June 13, 2019 at 1:32 pm,
    cfs says:

    Considering Chinese lack of internal quality control, I’m happy to buy German/Japanese goods instead.

  4. On June 13, 2019 at 2:19 pm,
    b says:

    Ive owned chinese made computers phones and other products for years, they always have been good for me.

    It would be nice if more manufacturing was here but I have a feeling when that happens it will be with robots etc.

    • On June 13, 2019 at 9:17 pm,
      Big Al says:

      As have I!

    • On June 14, 2019 at 7:38 am,
      Rufust445 says:

      One should be wary of said computers and phones from China made since 2011. Many of them could have a “back door” built deep into the firmware that allows hacking. As for robots replacing manufacturing jobs, where will people whose jobs have been replaced get the funds to buy all these wonder goods, not to mention services?

  5. On June 13, 2019 at 2:47 pm,
    cfs says:

    If robots can do a better, cheaper job, bring ’em on.

    • On June 13, 2019 at 3:05 pm,
      Dick Tracy says:

      Robots could replace you, but you won’t be saying, bring ‘ em on. LOL! DT

      • On June 13, 2019 at 9:20 pm,
        Big Al says:

        I happen to agree with you Mr. Tracy!

      • On June 14, 2019 at 7:40 am,
        Rufust445 says:

        +1

  6. On June 13, 2019 at 3:13 pm,
    OOTB Jerry says:

    https://www.zerohedge.com/news/2019-06-13/propaganda-root-all-our-problems
    As I never tire of saying, the real underlying currency in our world is not gold, nor bureaucratic fiat, nor even raw military might. The real underlying currency of our world is narrative, and the ability to control it.
    Never mind that US government insiders like Hillary Clinton had been prepping for escalations against Russia well in advance of the 2016 elections, and that their preexisting agendas to shove a geostrategic obstacle off the world stage benefitted from the hacking narrative as much as George Kurtz did.

    Never mind that Crowdstrike is tied to the NATO narrative management firmknown as the Atlantic Council, which receives funding from the US government, the EU, NATO, Gulf states and powerful international oligarchs. Never mind either that Crowdstrike was financed with a whopping $100 million from Google, which has had a cozy relationship with US intelligence agencies since its very inception.

    Never mind that to this day the DNC servers have not been examined by the FBI, nor indeed were they examined by the Special Counsel of Robert “Iraq has WMD” Mueller, preferring instead to go with the analyses of this extremely shady outfit with extensive and well-documented ties with the oligarchic leaders of the US-centralized empire. Also never mind that the Crowdstrike analyst who led forensics on those DNC servers had in fact worked for and was promoted by Robert Mueller while the two were in the FBI.

    • On June 13, 2019 at 8:27 pm,
      Chartster says:

      Yeup, true story.

      • On June 14, 2019 at 7:55 am,
        OOTB Jerry says:

        Chartster……….what is the word from the “Q”…..?
        The last messages I saw, there was some confusion in the ranks…..what say ye..?
        Not a trick question, just wanting to know what you think. THANKS

        • On June 14, 2019 at 5:13 pm,
          Chartster says:

          Hi Jerry,
          I doubt there is any confusion. Q posts when he/they want to. Sometimes he doesn’t post for a while and stays quiet. Sometimes he post disinformation to drive the rats to the edge. Sometimes he posts truth in advance that will happen in the future to set traps and make people react.

          Lately he’s been quiet, which usually means Big news is coming.

    • On June 13, 2019 at 9:29 pm,
      Big Al says:

      I have never heard a number as high as the one that you mentioned. I did read the story of Google lobbying expenditures and I was not even close to being surprised. As I said in my related comment, the real intellectual power that will ultimately control this country will without a doubt come from the Googles of the world!

      • On June 14, 2019 at 7:53 am,
        Rufust445 says:

        Google got big by being the best search engine. It is no longer a trustworthy search engine.

        • On June 14, 2019 at 7:56 am,
          OOTB Jerry says:

          Ditto ON THE TRUSTWORTHY…..

        • On June 14, 2019 at 8:46 am,
          Matthew says:

          That’s a fact. Google is not your friend.

    • On June 13, 2019 at 9:31 pm,
      Big Al says:

      That is an incredibly astute statement Jerry. “Controlling the narrative” is definitely the name of the game!

  7. On June 13, 2019 at 6:30 pm,
    cfs says:

    Listening to no fewer than eight Democrats today racying about the Stephanopoulos it seems clear that catching the Trump Derangement Syndrome (TDS) leads to cases of insanity in a very short period of time.
    I would, therefore, suggest that all people showing early symptoms of TDS be confined to a mental institution for their own safety and for treatment.

    • On June 13, 2019 at 9:21 pm,
      Big Al says:

      A big Amen Professor!

      • On June 14, 2019 at 8:01 am,
        OOTB Jerry says:

        That group of Dems are a group of sick (filled with hate) individuals with out a clue…….TERM LIMITS…..will end some of this non sense.
        But, we have been over Term Limits so many times….doubtful the sheeple can grasp the idea.

  8. On June 13, 2019 at 6:32 pm,
    cfs says:

    oops ranting and raving not “racying”