Archive for April 11th, 2011

Prince of the City–Videos

Posted on April 11, 2011. Filed under: Blogroll, Culture, Economics, Education, Entertainment, Law, liberty, Life, Links, media, Movies, Music, People, Philosophy, Video, Wealth, Wisdom | Tags: , , , , , , , , , , , , , , , , , , |

Prince of the City (Part 1)

 

Prince of the City (Part 2)

 

Prince of the City (Part 3)

 

Prince of the City (Part 4)

 

Prince of the City (Part 5)

 

Prince of the City (Part 6)

 

 

Prince of the City (Part 7)

 

Prince of the City (Part 8)

 

Prince of the City (Part 9)

 

Prince of the City (Part 10)

 

Prince of the City (Part 11)

 

Prince of the City (Part 12)

 

Prince of the City (Part 13)

 

Prince of the City (Part 14)

 

Prince of the City (Part 15)

 

Prince of the City (Part 16)

 

Prince of the City (Part 17)

 

Prince of the City (Part 18)

 

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Republican Party Establishment Ruling Class Betrays The Tea Party Movement and American People With A Fiscal Year 2012 Budget Resolution With A Deficit of $995 Billion And Budgets Not Balanced In Next Ten Years–Replace Republican Party Leadership–Videos

Posted on April 11, 2011. Filed under: American History, Banking, Blogroll, Business, Communications, Computers, Economics, Employment, Federal Government, Fiscal Policy, government, government spending, history, Law, liberty, Life, Links, media, Monetary Policy, Money, People, Philosophy, Politics, Private Sector, Public Sector, Rants, Raves, Security, Taxes, Technology, Unions, War, Wealth, Wisdom | Tags: , , , , , |

Pronk Pops Show 24: April 19, 2011

Pronk Pops Show 23: April 12, 2011

Pronk Pops Show 22 (Part 2): April 7, 2011

Pronk Pops Show 22 (Part 1): April 7, 2011

“The budget should be balanced, the Treasury should be refilled, public debt should be reduced, the arrogance of officialdom should be tempered and controlled, and the assistance to foreign lands should be curtailed lest Rome become bankrupt. People must again learn to work, instead of living on public assistance.”

~Marcus Tullius Cicero

“A wise and frugal government, which shall leave men free to regulate their own pursuits of industry and improvement, and shall not take from the mouth of labor the bread it has earned – this is the sum of good government.”

~Thomas Jefferson

U.S. Debt Clock

http://www.usdebtclock.org/

Reagan on Balanced Budget

Shelby Introduces Balanced Budget Amendment to Constitution

Mark Udall Co-sponsors the Balanced Budget Amendment

Mark Levin “I feel that we can do great things.”

Summary of Outlays, Revenues (Receipts), Deficits, Surpluses Fiscal Years 1980-2010(Nominal Dollars in Millions)
Fiscal Year Outlays Revenues (Receipts) Deficits (-), Surpluses
1980 590,941 517,112 -73,830
1981 678,241 599,272 -78,968
1982 745,743 617,766 127,977
1983 808,364 600,562 -207,802
1984 851,805 666,488 -185,367
1985 946,344 734,037 -212,308
1986 990,382 769,155 -221,277
1987 1,004,017 854,288 -149,730
1988 1,064,417 854,288 -155,178
1989 1,143,744 991,105 -152,639
1990 1,252,994 1,031,958 -221,036
1991 1,324,226 1,054,988 -269,238
1992 1,381,529 1,091,208 -290,321
1993 1,409,386 1,154,335 -255,051
1994 1,461,753 1,258,566 203,186
1995 1,515,742 1,351,790 -163,392
1996 1,560,484 1,453,053 -107,431
1997 1,601,116 1,579,232 -21,884
1998 1,652,458 1,721,728 69,270
1999 1,701,842 1,827,452 125,610
2000 1,788,950 2,025,191 236,241
2001 1,862,846 1,991,082 128,236
2002 2,010,894 1,853,136 157,758
2003 2,159,899 1,782,314 -377,585
2004 2,292,841 1,880,114 -412,727
2005 2,471,957 2,153,611 -318,346
2006 2,655,050 2,406,869 -248,181
2007 2,728,686 2,567,985 -160,701
2008 2,982,544 2,523,991 -458,553
2009 3,517,677 2,104,989 -1,412,688
2010 3,456,213 2,162,724 -1,293,489

For a history of the Federal Government’s Receipts (Revenues), Outlays, and Deficits and Surpluses

http://www.whitehouse.gov/omb/budget/Historicals

4/5/11 Republican Leadership Press Conference

Ryan Unveils Much Anticipated 2012 Budget Plan

Republicans roll out “Pledge to America”

Eric Cantor: Mr. President, America Is Broke; Are You Going To Help Us Fix It?

Neil Cavuto Interviews Mark Levin – This Budget Compromise Is A Historic Scam

Which Budgets Are Fiscally Responsible?

Republican Party Budget Proposals

S-1 FY2012 Chairman’s Markup

(Nominal Dollars in Billions)

Fiscal Year Outlays Revenues Deficits Debt Held By Public
2011 3,618 2,230 -1,388 10,351
2012 3,529 2,533 -995 11,418
2013 3,559 2,860 -699 12,217
2014 3,586 3,094 -492 12,801
2015 3,671 3,237 -434 13,326
2016 3,858 3,377 -481 13,886
2017 3,998 3,589 -408 14,363
2018 4,123 3,745 -379 14,800
2019 4,352 3,939 -414 15,254
2020 4,544 4,142 -402 15,681
2021 4,739 4,354 -385 16,071
2012-2021 39,958 34,870 -5,088 n.a.

http://budget.house.gov/UploadedFiles/PathToProsperityFY2012.pdf

Democratic Party Budget Proposals

S-1 FY2012 President’s Budget(Nominal Dollars in Billions)
Fiscal Year Outlays Revenues Deficits Debt Held By Public
2011 3,819 2,174 -1,645 10,856
2012 3,729 2,627 -1,101 11,881
2013 3,771 3,003 -768 12,784
2014 3,977 3,333 -646 13,562
2015 4,190 3,583 -607 14,301
2016 4,468 3,819 -649 15,064
2017 4,669 4,042 -627 15,795
2018 4,876 4,257 -619 16,513
2019 5,154 4,473 -681 17,284
2020 5,442 4,686 -735 18,103
2021 5,697 4,923 -774 18,967
2012-2021 45,952 38,747 -7,205 n.a.

http://www.whitehouse.gov/sites/default/files/omb/budget/fy2012/assets/tables.pdf

Tea Party Budget Proposals

S-1 FY2012 Tea Party’s Balanced/Surplus Budget(Nominal Dollars in Billions)
Fiscal Year Outlays Revenues Surpluses Debt Held By Public
2012 2,500 2,500 0 10,900
2013 2,800 2,800 0 10,900
2014 3,000 3,000 0 10,900
2015 3,200 3,200 0 10,900
2016 3,300 3,300 0 10,900
2017 3,400 3,500 100 10,800
2018 3,500 3,700 200 10,600
2019 3,600 3,900 300 10,300
2020 3,700 4,000 300 10,000
2021 3,800 4,300 500 9,500
2012-2021 32,800 34,200 1,400 n.a.

The tea party movement’s budget would require the Federal Government to have a balanced or surplus budget in every fiscal year starting in 2012 with a declining national debt starting in Fiscal Year 2017.

Neither the Republican nor Democratic Party is capable of living within the means of the American people.

The Republicans are proposing a budget for Fiscal Year 2012 of $3,618 billion compared with the President Obama’s $3,729 billion.

This results in a deficit of $995 billion for the Republican budget and $1,101 billion for President Obama’s budget.

As the above  tables clearly show, neither party is capable of balancing the budget in the next ten years.

The above budgets are needed to support a warfare and welfare economy with a collectivist state.

The above budgets are not a pathway to a peace and prosperity economy with a constitutional republic.

The budget needs to be balanced starting in fiscal year 2012 at $2,500 billion or less.

The tea party movement demands that from here on out that all budgets be either balanced or in surplus with no tax increases.

Before  either political party attempts to reform so-called entitlement programs such as Social Security, Medicare, or Medicaid, the tea party movement demands that ten Federal Departments be permanently closed and the budgets of remaining Federal Departments be reduced by 25%.

03/17/11: Sen. Rand Paul Introduces Five-Year Balanced Budget Plan

It’s Simple to Balance The Budget Without Higher Taxes

There Are too Many Bureaucrats and They Are Paid too Much

Eight Reasons Why Big Government Hurts Economic Growth

The Empirical Evidence Against Big Government

Free Markets and Small Government Produce Prosperity

Milton Friedman on Libertarianism

“In the councils of government, we must guard against the acquisition of unwarranted influence, whether sought or unsought, by the military-industrial complex. The potential for the disastrous rise of misplaced power exists and will persist.”

~Dwight D. Eisenhower

“A bureaucrat is the most despicable of men, though he is needed as vultures are needed, but one hardly admires vultures whom bureaucrats so strangely resemble. I have yet to meet a bureaucrat who was not petty, dull, almost witless, crafty or stupid, an oppressor or a thief, a holder of little autthority in which he delights, as a boy delights in possessing a vicious dog. Who can trust such a creature.”

~Marcus Tullius Cicero

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Tea Party Movement Demands Passage of Balanced Budget Amendment and The FairTax As The Price For Raising The National Statutory Debt Limit of $ 14,294,000,000 One Last Time By $1,000,000,000,000!–Videos

Posted on April 11, 2011. Filed under: Blogroll, Communications, Culture, Economics, Fiscal Policy, government, government spending, Law, liberty, Life, Links, media, People, Philosophy, Politics, Private Sector, Public Sector, Rants, Raves, Talk Radio, Taxes, Technology, Union, Video, Wealth, Wisdom | Tags: , , , , , , |

Pronk Pops Show 23: April 12,  2011

Pronk Pops Show 22 (Part 2): April 7,  2011

Pronk Pops Show 22 (Part 1): April 7,  2011

The FairTax: It’s Time

 

EAT THE RICH!


 

Reagan on Balanced Budget

 

Shelby Introduces Balanced Budget Amendment to Constitution

 

Mark Udall Co-sponsors the Balanced Budget Amendment

 

Mark Levin “I feel that we can do great things.”

 

3/09/11: Sen. Rand Paul on balancing the budget

 

Sen Paul and DeMint at CR Rally

 

Mike Pence at Continuing Revolution Rally

 

Advice to Tea Partiers

 

Debt Ceiling Balanced Budget

 

New Tea Party Senator will push for balance budget amendment

 

Today’s Fight is Not the Main Event

 

Details on the Balanced Budget Amendment

 Requires the President to submit a balanced budget to Congress each February.
 Requires Congress to appropriate a balanced budget annually.
 Caps annual spending at 20% of the economy.
 Requires any tax increase be subject to 2/3 House and Senate approval.
 All above limitations can be waived by 2/3 majority or by simple majority in times of War or if Congress deems a military conflict to be an imminent risk to national security.
 There have been at least 15 attempts to pass a Balanced Budget Amendment.
 In 1997, passage of the amendment failed by 1 vote

 

Rand Paul and Mike Lee on “Glenn Beck” with Judge Napolitano 03/07/11

 

Fox News Reports on Hatch-Cornyn Balanced Budget Amendment 1-26-11


Hatch Introduces Balanced Budget Amendment

 

Inhofe: We Need a Balanced Budget Amendment Now More Than Ever

 

Inhofe Blasts Obama Budget and Federal Spending

 MONTHLY STATEMENT OF THE PUBLIC DEBT
OF THE UNITED STATES
MARCH 31, 2011

TABLE I -- SUMMARY OF TREASURY SECURITIES OUTSTANDING, MARCH 31, 2011
(Millions of dollars)
                                              Amount Outstanding
Title                                         Debt Held             Intragovernmental         Totals
                                              By the Public         Holdings
Marketable:
  Bills.......................................        1,694,692                     3,809                1,698,501
  Notes.......................................        5,843,938                     3,933                5,847,871
  Bonds.......................................          931,474                     3,815                  935,289
  Treasury Inflation-Protected Securities.....          640,714                       125                  640,840
  Federal Financing Bank  1  .................                0                    10,239                   10,239
Total Marketable  a...........................        9,110,819                    21,921 2              9,132,740
Nonmarketable:
  Domestic Series.............................           29,995                         0                   29,995
  Foreign Series..............................            3,786                         0                    3,786
  State and Local Government Series...........          181,922                         0                  181,922
  United States Savings Securities............          186,864                         0                  186,864
  Government Account Series...................          136,956                 4,596,057                4,733,014
  Hope Bonds 19...............................                0                       493                      493
  Other.......................................            1,301                         0                    1,301
Total Nonmarketable  b........................          540,824                 4,596,550                5,137,374
Total Public Debt Outstanding ................        9,651,643                 4,618,471               14,270,115
TABLE II -- STATUTORY DEBT LIMIT, MARCH 31, 2011
(Millions of dollars)
                                              Amount Outstanding
Title                                         Debt Held             Intragovernmental         Totals
                                                 By the Public 17, 2Holdings
Debt Subject to Limit: 17, 20
  Public Debt Outstanding.....................        9,651,643                 4,618,471               14,270,115
  Less Amounts Not Subject to Limit:
    Other Debt Not Subject to Limit...........              488                         0                      488
    Unamortized Discount  3...................           20,388                    20,657                   41,046
    Federal Financing Bank  1     ............                0                    10,239                   10,239
    Hope Bonds 19.............................                0                       493                      493
  Total Public Debt Subject to Limit..........        9,630,767                 4,587,082               14,217,849
  Other Debt Subject to Limit:
    Guaranteed Debt of Government Agencies  4                13                         0                       13
  Total Public Debt Subject to Limit .........        9,630,780                 4,587,082               14,217,862
  Statutory Debt Limit  5.....................................................................          14,294,000
  Balance of Statutory Debt Limit.............................................................              76,138
COMPILED AND PUBLISHED BY
THE BUREAU OF THE PUBLIC DEBT
www.TreasuryDirect.gov

http://www.treasurydirect.gov/govt/reports/pd/mspd/2011/opds032011.prn
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