Pelosi says U.S. Doesn't Have Spending Problem
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Pelosi, Reid and Obama should listen to Ben Carson. Excerpt from his National Prayer Breakfast speech. Definitely a good watch on YouTube.
Why is it so important that we educate our people? Because we don't want to go down the pathway as so many pinnacle nations that have preceded us. I think particularly about ancient Rome. Very powerful. Nobody could even challenge them militarily, but what happened to them? They destroyed themselves from within. Moral decay, fiscal irresponsibility. They destroyed themselves. If you don't think that can happen to America, you get out your books and you start reading, but you know, we can fix it.
Why can we fix it because we're smart. We have some of the most intellectually gifted people leading our Nation. All we need to do is remember what our real responsibilities are so that we can solve the problems. I think about these problems all the time, and my role, you know, model was Jesus. He used parables to help people understand things. And one of our big problems right now, and like I said, I'm not politically correct, so I'm sorry, but you know - our deficit is a big problem. Think about it. And our National Debt - $16.5 Trillion dollars - you think that's not a lot of money? I'll tell you what! Count one number per second, which you can't even do because once you get to a thousand it will take you longer than a second, but...one number per second. You know how long it would take you to count to 16 Trillion? 507,000 years - more than a half a million years to get there. We have to deal with this.
Here's a parable: A family falls on hard times. Dad loses his job or is demoted to part time work. He has 5 children. He comes to the 5 children, he says we're going to have to reduce your allowance. Well, they're not happy about it but - he says, except for John and Susan. They're, they're special. They get to keep their allowance. In fact, we'll give them more. How do you think that's going to go down? Not too well. Same thing happens. Enough said.
What about our taxation system? So complex there is no one who can possibly comply with every jot and tittle of our tax system. If I wanted to get you, I could get you on a tax issue. That doesn't make any sense. What we need to do is come up with something that is simple.
When I pick up my Bible, you know what I see? I see the fairest individual in the Universe, God, and he's given us a system. It's called tithe. Now we don't necessarily have to do it 10% but it's principle. He didn't say, if your crops fail, don't give me any tithes. He didn't say, if you have a bumper crop, give me triple tithes. So there must be something inherently fair about proportionality. You make $10 Billion dollars you put in a Billion. You make $10 you put in $1 - of course, you gotta get rid of the loopholes, but now now some people say, that's not fair because it doesn't hurt the guy who made $10 Billion dollars as much as the guy who made $10. Where does it say you have to hurt the guy. He's just put in a billion in the pot. We don't need to hurt him.
It's that kind of thinking - it's that kind of thinking that has resulted in 602 banks in the Cayman Islands. That money needs to be back here, building our infrastructure and creating jobs - and we're smart enough - we're smart enough to figure out how to do that.
We've already started down the path to solving one of the other big problems, health care. We need to have good health care for everybody. It's the most important thing that a person can have. Money means nothing, titles mean nothing when you don't have your health, but we've got to figure out efficient ways to do it. We spend a lot of money on health care, twice as much per capita as anybody in else in the world, and yet not very efficient. What can we do?
Here's my solution. When a person is born, give him a birth certificate, an electronic medical record and a health savings account [HSA], to which money can be contributed, pre-tax from the time you are born, to the time you die. When you die, you can pass it on to your family members so that when you're 85 years old and you've got 6 diseases, you're not trying to spend up everything. You're happy to pass it on and nobody is talking about death panels. That's number one. Also -
For the people who are indigent, who don't have any money, we can make contributions to their HSA each month because we already have this huge pot of money instead of sending it to bureaucracy - let's put it into HSAs. Now they have some control over their own health care and what do you think they're going to do? They're going to learn very quickly how to be responsible. When Mr. Jones gets that diabetic foot ulcer, he's not going to the Emergency Room and blowing a big chunk of it. He's going to go to the Clinic. He learns that very quickly - gets the same treatment. In the Emergency Room they send him out. In the Clinic they say, now let's get your diabetes under control so that you're not back here in three weeks with another problem. That's how we begin to solve these kinds of problems. It's much more complex than that, and I don't have time to go into it all, but we can do all these things because we are smart people.
And let me begin to close here - another parable: Sea Captain, and he's out on the sea near the area where the Titanic went down. And they look ahead and there's a bright light right there - another ship he figures. He tells his signaler to signal that ship: deviate 10 degrees to the South. Back comes the message, no you deviate 10 degrees to the North. Well, he's a little bit incensed you know. He says, send a message, this is Captain Johnson, deviate 10 degrees to the South. Back comes the message, this is Ensign 4th Class Reilly. Deviate 10 degrees to the North. Now Captain Johnson is really upset. He says send him a message, this is a Naval Destroyer. Back comes the message, this is a Lighthouse. Enough said.
Why is it so important that we educate our people? Because we don't want to go down the pathway as so many pinnacle nations that have preceded us. I think particularly about ancient Rome. Very powerful. Nobody could even challenge them militarily, but what happened to them? They destroyed themselves from within. Moral decay, fiscal irresponsibility. They destroyed themselves. If you don't think that can happen to America, you get out your books and you start reading, but you know, we can fix it.
Why can we fix it because we're smart. We have some of the most intellectually gifted people leading our Nation. All we need to do is remember what our real responsibilities are so that we can solve the problems. I think about these problems all the time, and my role, you know, model was Jesus. He used parables to help people understand things. And one of our big problems right now, and like I said, I'm not politically correct, so I'm sorry, but you know - our deficit is a big problem. Think about it. And our National Debt - $16.5 Trillion dollars - you think that's not a lot of money? I'll tell you what! Count one number per second, which you can't even do because once you get to a thousand it will take you longer than a second, but...one number per second. You know how long it would take you to count to 16 Trillion? 507,000 years - more than a half a million years to get there. We have to deal with this.
Here's a parable: A family falls on hard times. Dad loses his job or is demoted to part time work. He has 5 children. He comes to the 5 children, he says we're going to have to reduce your allowance. Well, they're not happy about it but - he says, except for John and Susan. They're, they're special. They get to keep their allowance. In fact, we'll give them more. How do you think that's going to go down? Not too well. Same thing happens. Enough said.
What about our taxation system? So complex there is no one who can possibly comply with every jot and tittle of our tax system. If I wanted to get you, I could get you on a tax issue. That doesn't make any sense. What we need to do is come up with something that is simple.
When I pick up my Bible, you know what I see? I see the fairest individual in the Universe, God, and he's given us a system. It's called tithe. Now we don't necessarily have to do it 10% but it's principle. He didn't say, if your crops fail, don't give me any tithes. He didn't say, if you have a bumper crop, give me triple tithes. So there must be something inherently fair about proportionality. You make $10 Billion dollars you put in a Billion. You make $10 you put in $1 - of course, you gotta get rid of the loopholes, but now now some people say, that's not fair because it doesn't hurt the guy who made $10 Billion dollars as much as the guy who made $10. Where does it say you have to hurt the guy. He's just put in a billion in the pot. We don't need to hurt him.
It's that kind of thinking - it's that kind of thinking that has resulted in 602 banks in the Cayman Islands. That money needs to be back here, building our infrastructure and creating jobs - and we're smart enough - we're smart enough to figure out how to do that.
We've already started down the path to solving one of the other big problems, health care. We need to have good health care for everybody. It's the most important thing that a person can have. Money means nothing, titles mean nothing when you don't have your health, but we've got to figure out efficient ways to do it. We spend a lot of money on health care, twice as much per capita as anybody in else in the world, and yet not very efficient. What can we do?
Here's my solution. When a person is born, give him a birth certificate, an electronic medical record and a health savings account [HSA], to which money can be contributed, pre-tax from the time you are born, to the time you die. When you die, you can pass it on to your family members so that when you're 85 years old and you've got 6 diseases, you're not trying to spend up everything. You're happy to pass it on and nobody is talking about death panels. That's number one. Also -
For the people who are indigent, who don't have any money, we can make contributions to their HSA each month because we already have this huge pot of money instead of sending it to bureaucracy - let's put it into HSAs. Now they have some control over their own health care and what do you think they're going to do? They're going to learn very quickly how to be responsible. When Mr. Jones gets that diabetic foot ulcer, he's not going to the Emergency Room and blowing a big chunk of it. He's going to go to the Clinic. He learns that very quickly - gets the same treatment. In the Emergency Room they send him out. In the Clinic they say, now let's get your diabetes under control so that you're not back here in three weeks with another problem. That's how we begin to solve these kinds of problems. It's much more complex than that, and I don't have time to go into it all, but we can do all these things because we are smart people.
And let me begin to close here - another parable: Sea Captain, and he's out on the sea near the area where the Titanic went down. And they look ahead and there's a bright light right there - another ship he figures. He tells his signaler to signal that ship: deviate 10 degrees to the South. Back comes the message, no you deviate 10 degrees to the North. Well, he's a little bit incensed you know. He says, send a message, this is Captain Johnson, deviate 10 degrees to the South. Back comes the message, this is Ensign 4th Class Reilly. Deviate 10 degrees to the North. Now Captain Johnson is really upset. He says send him a message, this is a Naval Destroyer. Back comes the message, this is a Lighthouse. Enough said.
CanaTigers
2,500+ Posts
My wife never had a spending problem either.
majorwhiteapples
5,000+ Posts
Considering that she was number 3 in line to be the POTUS, she has to without question be the most ignorant, stupid person to ever come that close to the presidency. How sad that a district in this country could be so gerrymandered to allow her to get re-elected time after time.
Debt problem solved
This dork isn't even trying anymore..
This dork isn't even trying anymore..
H
Hu_Fan
Guest
Thank you, theiioftx.
THAT is the kind of thinking and language sorely missing across the entire political and media and kitchen-klatch landscape.
That kind of dialog and discussion could lead to something fruitful, however it's cut, diced, arranged. It's the THINKING and the PRINCIPLES that makes it.
Nice post.
THAT is the kind of thinking and language sorely missing across the entire political and media and kitchen-klatch landscape.
That kind of dialog and discussion could lead to something fruitful, however it's cut, diced, arranged. It's the THINKING and the PRINCIPLES that makes it.
Nice post.
Liberal philosiphy: Click your heels three times and say there's no place like home......
The U.S. has a Pelosi problem.
HHD
HHD
They're adopting the Keynesian/Paul Krugman BS. The rationale is that the spending is good and that reducing it is a bigger hazard to the economy than the debt it. If the debt gets too big to service, just monetize it - print more money.
Wouldn't it be nice to just be able to print money to pay off our homes, credit cards, etc.? If you're an individual, you get charged with a crime, but if you da guvmint, it's all good.
Wouldn't it be nice to just be able to print money to pay off our homes, credit cards, etc.? If you're an individual, you get charged with a crime, but if you da guvmint, it's all good.
hornyhoosier
500+ Posts
You've got to give Roger credit. He is not a quitter. He'll keep playing the strings off that fiddle why Obama, Pelosi and company fire bomb Rome into debt oblivion.
You know the American economy really took off during World War II, building a lot of damned things that had no useful purpose besides blowing the hell out of something, hopefully before some opposing assets blew the hell out of it. The war spending ushered in a time of general prosperity and growth.
So the Keynsians aren't necessarily crazy. But spending money so it grows the pie and puts a lot of folks working productively is not an easy or clean process.
So the Keynsians aren't necessarily crazy. But spending money so it grows the pie and puts a lot of folks working productively is not an easy or clean process.
Crockett does speak the truth. However, the Democrats don't support doing anything that resembles what he's talking about. Also, the demand for war spending was real during WWII. It wasn't fabricated by government.
More significantly, though we ran big deficits during WWII, we were talking about a short-term operation - an all-out, balls-to-the-wall war that only last a little over 3 years, because we were as serious about winning as our enemies were.
What we're borrowing to finance now are long-term expenditures with no foreseeable end and very little if any infrastructural or technological impact. Enormous difference.
More significantly, though we ran big deficits during WWII, we were talking about a short-term operation - an all-out, balls-to-the-wall war that only last a little over 3 years, because we were as serious about winning as our enemies were.
What we're borrowing to finance now are long-term expenditures with no foreseeable end and very little if any infrastructural or technological impact. Enormous difference.
AustinBat
2,500+ Posts
Bevo Incognito
5,000+ Posts
Spending? Revenue?
The problem that we have is that we can't say no to a free lunch and elect the politicians who promise us one, be they Democrats or Republicans.
The problem that we have is that we can't say no to a free lunch and elect the politicians who promise us one, be they Democrats or Republicans.
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