Republican Establishment Will Propose A Ten Year $6,200 Billion Cut In Spending Over Ten Years–The Problem Is It Does Not Balance The Budget For Another Five Years At The Earliest–Tea Party Movement Demands Balanced Budgets Starting In 2012 For The Next Ten Years!–Videos

Posted on April 3, 2011. Filed under: American History, Blogroll, Communications, Diasters, Economics, Education, Employment, Federal Government, Fiscal Policy, government, government spending, Health Care, history, Investments, Law, liberty, Life, Links, media, Monetary Policy, People, Philosophy, Politics, Raves, Video, War, Wealth, Wisdom | Tags: , , , |

“Everyone wants to live at the expense of the state. They forget that the state wants to live at the expense of everyone.”

“Sometimes the law defends plunder and participates in it. Thus the beneficiaries are spared the shame and danger that their acts would otherwise involve… But how is this legal plunder to be identified? Quite simply. See if the law takes from some persons what belongs to them and gives it to the other persons to whom it doesn’t belong. See if the law benefits one citizen at the expense of another by doing what the citizen himself cannot do without committing a crime. Then abolish that law without delay – No legal plunder; this is the principle of justice, peace, order, stability, harmony and logic.”
~ Frédéric Bastiat (The Law)

The Debt Clock
http://www.usdebtclock.org/

Give it a listen!

Pronk Pops Show 22 (Part 2)

April 08, 2011 11:16 AM PDT

Pronk Pops Show 22, April 7, 2011

Segment 1: 3,500,000 Million Americans Unemployed in March 2011 Still Exceeds Great Depression High of 13,000,000 In March 1933–The Obama Depressions Continues–Bureau of Labor Statistics: 8.8% Official Unemployment Rate (U-3) vs. Gallup Unemployment Rate of 10.0%–Nonfarm Payroll Increased By 216,000–The Government Makes The Depression Worse!–Videos

Segment 2: Obama’s Anti-American, Anti-Capitalist, Anti-Growth, Anti-Jobs, and Anti-Security Energy Policy–Videos

Segment 3: Republican Establishment Will Propose A Ten Year $6,200 Billion Cut In Spending Over Ten Years–The Problem Is It Does Not Balance The Budget For Another Five Years At The Earliest–Tea Party Movement Demands Balanced Budgets Starting In 2012 For The Next Ten Years!–A Jet Plane To Prosperity Not A Path To Prosperity–Videos

Segment 4: Just One More Thing Congressman Ryan: When Does The Republican’s Path To Prosperity Balance The Budget?–The Twelth of Never!–Videos

For additional information and videos on the above segments:

http://pronkpops.wordpress.com/2011/04/04/pronk-pops-show-22-april-5-2011-segment-113500000-million-americans-unemployed-in-march-2011-still-exceeds-great-depression-high-of-13000000-in-march-1933%E2%80%93the-obama-depressions-contin/

Paul Ryan – Years of Empty Promises

Fox News Sunday – Next Move,Cutting Trillions 4/3/2011

 

Rep. Paul Ryan on Federal Deficits and Budget Talks – CBN.com

Deficits, Debts and Unfunded Liabilities: The Consequences of Excessive Government Spending

 

The Bush/Obama Years (Dan Mitchell)

 

Milton Friedman – The Free Lunch Myth

 

Dan Mitchell From The Cato Institute On Government Spending

The Empirical Evidence Against Big Government

Government spending is the problem and the tea party movement wants this problem solved now and not over the next five to ten years!

Either  Congress and the Senate cuts  government spending or the heads of politicians will be on the chopping  block.

The American people will vote them out of office.

The Tea Party movement expects the Republican Party to propose a balanced budget starting with Fiscal Year 2012 and passage of the FairTax.

Anything less simply does not cut it.

This will require over a $1,000 billion cut in spending in Fiscal Year 2012 to around $2,500 billion in expenditures and estimated tax revenues of $2,500 billion.

It’s Simple to Balance The Budget Without Higher Taxes

 

 

As I expected the Republican Party establishment still does not get it and are living in the past.

A path to a balanced budget over five or ten years  means continuing down the road to serfdom resulting in low economic growth and high unemployment rates of the welfare and warfare economy and collectivist state.

Time to turn-around and get on  the superhighway to a peace and prosperity economy and constitutional republic  by actually cutting Federal spending and reforming the Federal taxation system.

Start by permanently shutting down entire Federal Departments.

Instead of blaming the Democratic Party for shutting down the government, take credit for shutting Federal Departments permanently to save money and reduce the American people’s tax burden.

Embrace the shut-down and then extend it by cutting the salaries and benefits of all remaining government employees by 25%!

There Are too Many Bureaucrats and They Are Paid too Much

 

The Tea Party movement wants the Federal Government shut-down to save Social Security and Medicare and put it on a sound foundation  where every American will have their own personal retirement account and health insurance plan that the individual owns and controls.

Everything should be on the chopping block.

No category of  government spending is off the table including all entitlement programs and defense spending.

So called mandatory spending, namely entitlements, should have a budget!

Stop feeding the bureaucratic beast,  start chopping.

Milton Friedman on Libertarianism (Part 4 of 4)

Shut-down the following Federal Departments permanently:

  1. Department of Agriculture (USDA)
  2. Department of Commerce (DOC)
  3. Department of Education (ED)
  4. Department of Energy (DOE)
  5. Department of Health and Human Services (HHS)
  6. Department of Homeland Security (DHS)
  7. Department of Housing and Urban Development (HUD)
  8. Department of Labor (DOL)
  9. Department of the Interior (DOI)
  10. Department of Transportation (DOT)
  11. Department of Veterans Affairs (VA)

The  following Federal Departments will remain open with a 25% cut in staff and a 25% cut pay in benefits;

  1. Department of Defense (DOD)
  2. Department of Justice (DOJ)
  3. Department of State (DOS)
  4. Department of the Treasury

Have up and down video recorded votes for each Federal Department that requires each Representative and Senator to vote for the closing of each department.

Those Representatives and Senators who vote for the continuation of more than five Departments should be targeted for defeat in the next election.

The Tea Party movement will vote for those politicians who voted for closing ten or more Federal Departments.

Only then will the American people support those who want to reform and “save”  Social Security and Medicare with personal retirement accounts and health insurance plans that the individuals owns and controls and not the Federal government.

Yes, entitlements are the real spending  problem and will require real reform:

Social Security, a retrospective

Saving Social Security with Personal Retirement Accounts

 

Moving Forward On Entitlements: Dan Mitchell

Moving Forward on Entitlements: Douglas Holtz-Eakin

Moving Forward on Entitlements: Maya MacGuineas

Moving Forward on Entitlements: Steve Moore

Moving Forward on Entitlements: Panel Discussion

Five actions are required:

1. Limit the size and scope of the Federal Government by closing permanently eleven Federal Departments.

2. Pass the FairTax–a retail national sales consumption tax to replace all Federal taxes.

The FairTax: It’s Time

 

Dan Mitchell explains the fair tax

 

What is the FairTax legislation?

How does the FairTax rate compare to today’s?

3. Put all Federal entitlement programs on a sound foundation by making them individual owned and controlled by the individual and not the government–entitlement reform.

4. Balance the budget by limiting total Federal government spending to 80% of the previous year’s FairTax collections with the remaining 20% allocated to paying down the Federal debt.

5. A propaganda or if you prefer a marketing campaign to explain why the above is required.

Milton Friedman – The Social Security Myth

All five need to be accomplished during a three-year time frame from  2011 through 2013.

Only then will the United States economy transition from a low-growth rate and high unemployment warfare and welfare economy to a high growth rate full employment  peace and prosperity economy.

Free Markets and Small Government Produce Prosperity

Time is running out.

Either the Congress and Senate acts or the American people will by voting both Democrats and Republicans out of office in 2012 and 2014.

The American people do not want a warfare and welfare economy.

The American people do not want a massive collectivist state.

The American people do not want a path to prosperity over ten years.

The American people want a peace and prosperity economy.

The American people want a constitutional republic that is limited in both scope and size.

The American people want a jet plane to peace and prosperity economy that takes off now.

Attend a tea party event in your community.

Join the Second American Revolution.

Background Articles and Videos

Paul Ryan and David Walker on Entitlements

 

GOP budget plan to cut more than $4 trillion

By Kevin McCoy, USA TODAY

“…In a Fox News Sundayappearance, Ryan said the GOP 2012 budget blueprint would exceed the $4 trillion in spending cuts previously recommended by a presidential debt commission “by cutting spending, reforming entitlements and growing our economy.”Instead of using changeable spending caps as a percentage of the economy, the plan would use budget caps set by law on the portion of the federal budget that is negotiated by Congress and the president each year, Ryan said. Republican proposals for the precise levels are still being discussed, he said.The plan would also lower federal tax rates and broaden the tax base, Ryan said. Decisions on specific tax changes, such as eliminating federal tax breaks for oil and gas companies, would come later, Ryan said.Discussing entitlements, he said the plan would change Medicare, the federal health care plan for seniors, by creating a “premium support” system that allows seniors “to pick the (private health) plan of their choosing, and then Medicare subsidizes that plan.”However, the plan would allow Americans who are now 55 and older to keep the current Medicare programs.”By addressing the drivers of the debt now, we do it in a gradual way,” Ryan said. “We can guarantee the mission of health and retirement security, not just for current generations, but for future generations.” …”

http://www.usatoday.com/news/washington/2011-04-04-Budget04_ST_N.htm

 

Related Posts On Pronk Palisades

Ron Paul Tells The Truth–The Political Elites Are Not Serious About Cutting The Budget–The Coming Collapse Of The Dollar And Inflation–Videos

The Washington Political Elites of Both Parties Are Not Serious About Balancing The Federal Budget And Funding Entitlement Liabilities–Send In The Clowns–Don’t Bother There Here–Videos

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