A warning re giving voters the keys to the treasury....
Begin with then-senator Obama's 2008 presidential campaign statement re then-president George W. Bush:
The problem is that the way Bush has done it in the last eight years is to take out a credit card from the Bank of China in the name of our children, driving up our national debt from $5 trillion from the first 42 presidents. No. 43 added $4 trillion by his lonesome. So we now have over $9 trillion of debt that we are going to have to pay back. $30,000 for every man woman and child. That's irresponsible, that's unpatriotic.
Thus, apropos of Rudy Giuliani saying Feb, 17 that President Obama does not love America, and notwithstanding Giuliani's Feb. 19 retraction on Fox & Friends that the president "is a patriot, I am sure" (0:37): By the president's own 2008 definition, in office he has been "irresponsible and unpatriotic" in presiding over six consecutive debt-ceiling increases that collectively raised the debt to 2015's $17.4 trillion. It was $12.1 trillion when Obama took his first oath of office. in late 2013 the debt ceiling was "temporarily" suspended until March 8, 2015 as part of the budget deal between Obama and the Congress.
Here is the US debt clock, albeit with more indicators than most of us (myself included) can handle, the debt now stands at $18.3 trillion. Thus President Obama is on the verge of having added trillions more than the amount of debt that George W. Bush had added when he assailed his predecessor as "irresponsible and unpatriotic."
Or president's latest budget, at $4 trillion (risibly stated as $3.999 trillion to keep it officially--trans., politically--under the magic $4 trillion mark--will, by the administration's numbers, add another $477 trillion--premised upon optimistic projections of economic growth--3 percent for calendar 2015 & 2016--to the deficit and hence to the national debt.
However, the White House's own FY2016 Budget Overview tells us that achieves $1.8 trillion in deficit reduction (projections go out five years in annual budget documents). These Obama budgets mark what AEI called a few years ago "the return of 'Rosy Scenario"--a reference to the mantra during Ronald Reagan's budgets.
One last note on Rudy's comment: What ever happened to the proclamation, commonplace during the Bush years but actually originally proclaimed in 1961, that "dissent is the highest form of patriotism?" (The quotation appeared in a publication of the friends Peace Committee; I couldn't find a website for the group, but clearly this was a left-wing pacifist organization.)
One last note on Obama. In 2010, as president, he said of the Iraq War (0:38)--you may see the late WaPo executive editor Ben Bradlee's face first, but click on embedded arrow & the link goes to a CBS link to the president addressing the nation--that there were patriots on both sides and that no one doubted President Bush's "support for our troops," "his love of country" and "commitment to our security."
(If one wishes to cut the president slack for his campaign rhetoric and instead accept his in-office tribute to his predecessor, the same logic should apply to Rudy's recent statements.)
NOW: a prescient warning from the late-19th century:
Sent me via email from a friend (format his), re one Alexander Tyler:
In 1887 Alexander Tyler, a Scottish history professor at the University of Edinburgh, had this to say about the fall of the Athenian Republic some 2,000 years prior: "A democracy is always
temporary in nature; it simply cannot exist as a permanent form of government. A democracy will continue to exist up until the time that voters discover that they can vote themselves generous
gifts from the public treasury. From that moment on, the majority always votes for the candidates who promise the most benefits from
the public treasury, with the result that every democracy will finally collapse over loose fiscal policy, (which is) always followed by a
"The average age of the world's greatest civilizations from the beginning of history, has been about 200 years. During those 200
years, these nations always progressed through the following sequence:
From bondage to spiritual faith;
From spiritual faith to great courage;
From courage to liberty;
From liberty to abundance;
From abundance to complacency;
From complacency to apathy;
From apathy to dependence;
From dependence back into bondage."
Bottom Line. Ponder the above with care come 2016.
Letter from the Capitol, LFTC, Economy, Conservative Politics