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The Greate$t I$$ue Facing U$ All

Friday, February 12th, 2010

THE NATIONAL DEBT: DO YOU KNOW HOW MUCH YOU OWE?

President Obama announced his 2011 Budget which is $3.834 trillion dollars with a projected deficit of $1.267 trillion or 8.3 percent of gross domestic product (GDP).   As of Feb. 7, our total national debt was $12,348,804,540,946.54 or $12.35 trillion which is larger than the economies of China, the United Kingdom and Australia combined, says Don C. Brunell, President of the Association of Washington Businesses. 

The national debt is growing with the spending spree in Washington, D.C.  According to the Congressional Budget Office and the Office of Management and Budget: 

  • Our national debt will grow an additional $9 trillion over the next decade, to more than $20 trillion.
  • During that time, the United States will accumulate $2.5 billion in new debt each and every day.
  • That’s $1.72 million per minute, for the next ten years. 

According to the Department of the Treasury: 

  • Foreign holders of our national debt are owed a combined total of about $3.3 trillion.
  • The top 10 countries and entities holding U.S. debt are: China, Japan, the United Kingdom, Oil Exporters, Caribbean Banking Centers, Brazil, Russia, Luxembourg, Hong Kong and Taiwan.
  • Our debt to China is approximately $776.4 billion, having grown more than $240 billion in the last year; that is more than $10,000 in debt for the average American working family — just to China.
  • The estimated population of the United States is 307,795,997 so each citizen’s share of this debt is $40,146.02. 

The National Debt has continued to increase and that is before Congress tacks on trillions for health care, cap and trade, new federal stimulus programs, and other yet to be identified spending programs, says Brunell. 

Part of the way President Obama plans to pay for his new round of spending is to eliminate the 2001 and 2003 Bush tax cuts families making more than $250,000 per year which impacts a ton of family-owned, small businesses which are the backbone of our economy and nation, says Brunell. 

Source: Don C. Brunell, “The National Debt: Do You Know How Much You Now Owe?” Olympia Business Watch/Association of Washington Businesses, February 7, 2010. 

Editor’s Note: Instead of partisan debate over how we should be doing “it,”  whatever the “it” may be, the only question that really matters is “should we be doing it?”   If we can’t afford it, we shouldn’t be doing it.   We cannot pay for the unfunded obligations we’re already committed to as a country.  The centuries’ old truth is just as universal and ominous as ever: “The borrower is slave to the lender.”   ~ Dan Blanchard

2010: The Year of State Sovereignty

Wednesday, February 10th, 2010

The Year of State Sovereignty?
By Bernie Quigley

At a press conference last October, Speaker of the House Nancy Pelosi (D-Calif.) was asked: “Madam Speaker, where specifically does the Constitution grant Congress the authority to enact an individual health insurance mandate?”

She replied with that wild-eyed self-assurance that grew more shrill and extreme as we got to Christmas: “Are you serious? Are you serious?”

She shook her head and moved on. Her aide, Nadeam Elshami, said that questioning the Speaker about whether the Constitution authorizes Congress to mandate that individuals buy healthcare was not “a serious question.”

This week the Virginia Senate passed a bill prohibiting a requirement for Virginians to purchase healthcare insurance. With a Republican state House and governor, this bill will likely make it into law.

In an effort led by Texas Gov. Rick Perry (R), more than two-thirds of the states have introduced measures to stop individual mandates on healthcare. Many state attorneys general threaten lawsuits if current federal reform proposals are passed into law. The Heritage Foundation reports that state legislators across the country are considering various bills that would allow their state to opt out of key provisions of ObamaCare or provide state voters a chance at the ballot box to reject nationalized healthcare in their state.

“Regardless of legislative components of the Virginia action yesterday, conservatives should cheer the resurgence of federalism and what it means for reining in the rapidly increasing federal government. With most states starting their legislative sessions, this may be just the beginning of what could be the ‘Year for State Sovereignty,’ ” says Dani Doane, director of government relations at the Heritage Foundation.

(Editor’s Note: If this does not show how out-of-touch or even dismissive of the People and their will our Speaker of the House is, I’m not sure what would.  No one, no one disputes the need for reform.  But a cost-effective, patient-centered approach is the only way to go.  Any plan that mandates purchase of a government “option” (please!) under penalty of a fine or even jail time cannot and should not be taken seriously.  And that’s precisely why 2/3rds of the People oppose it.  ~Dan Blanchard)

Under a Mountain of Debt? Try A(nother) Spending Spree!

Monday, February 1st, 2010

Last week, during the State of the Union speech, our President squandered a golden opportunity, one that could have been a defining moment in this, the second full year of his presidency.   He could have used it as the perfectly timed occasion to say:  ”I have heard the collective voice of Americans all across the country who are saying, ‘We oppose enormous bail outs to banks and the car companies.’  I have heard the anger of those who say, ‘We oppose an $800 billion stimulus that has created very few jobs  while during the same year 3.4 million people lost their jobs.’    I have heard loud and clear the angst of a nation who believes that our approach in the past year to spend our way out of debt is absolutely unsustainable.   I have heard the will of the people expressed at the polls, in places like New York, New Jersey, Virginia and Massachusetts, that says, ‘We want no part of a government takeover of our health care, under the guise of reform.’ And I have heard the pathos of a people who are groaning under the weight of excessive taxation, intrusion into their lives and steady erosion of their liberties.   And so, I stand before you on this night, prepared to plot a fresh, new, common-sense course for our Country.”

Yes, our President could have and should have taken advantage of his national stage this way–but alas, he did not. Sadly, we heard no such words.  Not only does our current administration not have its hand on the pulse of where Main Street USA lives and breathes, it seems not to care.  It’s not that they do not know what Americans are going through as unemployment continues to rise–and foreclosures with it–and are just acting as though they are blind to these cold, harsh realities.  It’s that they do see and they do know and are acting against the will of the people anyway.

What we got last Wednesday night was a lecture, a scolding as it were, and no one was left out (just ask your Supreme Court justices).   The President’s words, seemingly underscoring his resilience–”I’m no quitter,” in reality only served to emphasize a level of defiance of the will of the People that is unprecedented.   Translation: “We’re going to find a way, some way, any way to get our agenda pushed through, no matter what–and no matter how many object to it.”   If you doubt that, Speaker Nancy Pelosi’s commentary the very next day:  ”If the gates are closed, we’ll go over the fence.  If the fence is too high, we’ll pole vault in.   If that doesn’t work, we’ll parachute in, but we’re going to get health care reform passed.”  Make no mistake, whatever the People say and however they may protest, their government says:  ”We know better what’s better for them than they do.”

The message out of Washington isn’t anything resembling, “You know, we may have spent way too much after all.”  It’s, “We haven’t spent nearly enough.”   And so, there is more to come.  Much more.  Including the most bloated budget proposal in our nation’s history.  This fiscal insanity is a runaway train, and liberal “leadership” is its engineer.

As the American Conservative Union reported today:

“Today’s Wall Street Journal screams with the headline, ‘Deficit to Hit All-Time High,’ as they report that President Obama’s budget projects the deficit will shoot up to a record $1.6 trillion this year.”  The Associated Press says: ‘Obama unveils $3.83 trillion budget with massive deficits.’

Worse, Obama and the liberal Democrats controlling Capitol Hill now say they want even more stimulus spending, what you probably heard talked about in that State of the Union speech as a “jobs bill.”

Massive government spending does not create jobs, it merely puts America’s families, children and grandchildren in even more debt.  Massive government spending does nothing to help America’s small businesses on main street.  Massive government spending does nothing but give liberal Democrats another blank check to hand out goodies to their liberal special interest friends.

The spending must stop. The stimulus bills cloaked as jobs bills must stop.  We must speak out.”

And so, we are.  And we will.

–Dan Blanchard

Leadership 101: Take Ownership!

Wednesday, January 27th, 2010

I believe that one the biggest indicators of TRUE leadership is the willingness to accept responsibility for one’s OWN words, one’s own promises, one’s own decisions and actions.   No one disputes that every sitting President inherits challenges that may have occurred on a prior President’s watch (and those decisions made at that time are THAT President’s responsibility.)   But true leadership does not look to heap blame upon or deflect responsibility away from oneself and toward those who have not been sitting at your desk occupying YOUR role for over a year. At some point, in EVERYONE’s life, someone ELSE’s responsibility ends and yours begins!

The more one keeps singing the “It’s His/Her/Your/Their Fault” song, the more one necessarily implies his/her own apparent powerlessness over the very issue one keeps crooning about.  This does not inspire confidence in such leadership, but a feeling of defeatism and resignation.  When one makes bold decisions and takes action on an immense scale, especially involving hundreds of billions of dollars that you yourself authorized, one is necessarily tied to their implications, good or bad.

Americans would respect and, therefore, follow a leader who would humbly channel the spirit of Harry S. Truman and acknowledge, even reaffirm: “The buck stops here!”   A better country does begin with “me.”   Even when one is President.  Especially when one is President.

–Dan Blanchard


Congresswoman Bachman urges Reps to Embrace TEA Party

Wednesday, January 27th, 2010

In this 58 second clip, Congresswoman Michelle Bachman (R-MN) urges the fellow members of her party to “embrace” the TEA Party movement in America.  I believe she is wise in saying so and is astute Representative at the Capitol.  But I would respectfully amend one statement she made: it is not the goal of the TEA Party movement to become the dominant force of the Republican party.  It is its mission to reach out to disaffected Democrats and Independents as well as all disenfranchised Americans who know that they are neither being heard nor heeded in Washington.

The TEA Party is becoming the clear voice and primary force for conservatism in America: Fiscal responsibility, limited government, national sovereignty and a return to our Constitution as the blueprint for American liberty. –Dan Blanchard

http://www.breitbart.tv/bachmann-tea-party-members-will-become-dominant-force-of-republican-party/

Katie Couric and CBS Encounter the TEA Party

Tuesday, January 26th, 2010

“CBS News: CBS Evening News Anchor Katie Couric spoke to Tea Party leaders Michael Johns and Kellen Guida about their movement and the frustrations of those who identify with it. The Tea Party movement, Johns said, was a “visceral reaction” to the idea that “our federal government was growing too large, that too much power was being centralized, and government bureaucracies that the American people were over-taxed, in some ways over-regulated.”

http://www.breitbart.tv/hugely-patriotic-movement-tea-party-leaders-talk-movement-mission-with-katie-couric/

(Editor’s Note:  There are moments where Couric attempts to bait Johns and Guida with false assumptions & stereotypes that only serve to reveal her own bias and naivete about the purpose and scope of the grassroots effort.  These two articulate beautifully the common concerns and basis for our hopes for a better America–Dan Blanchard).

Press Coverage of Recent Protests at Congressional Offices of John Yarmuth

Tuesday, August 11th, 2009