Memo To Washington Republican Party Establishment–You Are Not Listening To The American People–Read Our Lips–“Cut Spending and Balance The Budget Starting With Fiscal Year 2012”–Videos

Posted on May 25, 2011. Filed under: Banking, Blogroll, Communications, Economics, Fiscal Policy, Microeconomics, Monetary Policy, Money, Taxes, Video, War, Wealth, Wisdom | Tags: , , , , , , |

Start Listening to Senator Paul:

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

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

S-1 FY2012 Senator Rand Paul

(Nominal Dollars in Billions)

Fiscal Year Outlays Revenues DeficitsSurplus Debt Held By Public
2011 3,708 2,228 -1,480 10,430
2012 3,100 2,547 -553 11,051
2013 3,152 2,755 -397 11,532
2014 3,227 3,088 -139 11,748
2015 3,360 3,244 -116 11,942
2016 3,430 3,349 19 11,997
2012-2016 16,269 15,083 -1,188 n.a.

http://campaignforliberty.com/materials/RandBudget.pdf

4/14/11: Sen. Rand Paul Speaks Out Against the Continuing Resolution

Senator Lee explains the enforceability of a balanced budget amendment

Senator Pat Toomey Explains That Failing To Raise Debt Limit Doesn’t Cause Default

Neither the Republican Party nor Democratic Party Fiscal Year 2012 budget proposals are the road to peace and prosperity but a Tea Party budget with balanced budgets most definitely is:

Which Budgets Are Balanced And Living Within The Means of The American People?

 

4/5/11 Republican Leadership Press Conference

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

Sen. Toomey Unveils his FY 2012 Budget

Senator Pat Toomey Talks with Michael Medved about his Budget

S-1 FY2012 Senator Pat Toomey(Nominal Dollars in Billions)
Fiscal Year Outlays Revenues DeficitsSurplus Debt Held By Public
2011 3,625 2,230 -1,351 10,351
2012 3,477 2,538 -919 11,418
2013 3,485 2,964 -521 12,217
2014 3,509 3,216 -291 12,801
2015 3,623 3,391 -233 13,326
2016 3,765 3,524 -241 13,886
2017 3,853 3,736 -117 14,363
2018 3,955 3,916 -39 14,800
2019 4,140 4,108 -32 15,254
2020 4,302 4,325 23 15,681
2021 4,493 4,566 73 16,071
2012-2021 38,602 36,304 -2298 n.a.

http://www.scribd.com/doc/55116239/Restoring-Balance-Final

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.

George H W Bush read my lips

Boehner on GMA: To Create Jobs, Let’s Cut Spending & Stop The Tax Hike — Now

The Republican Party establishment still does not get it nor are they listening to the tea party movement or the American people.

The tea party movement is being betrayed by the Republican Party establishment in Washington D.C. by Senators Toomey, Lee, Rubio and DeMint and House Budget Chairman Paul Ryan.

Starting this year, all fiscal year budgets from here on out must be balanced by cutting spending outlays including the closing of Federal Departments.

Taking ten to twenty-five years to balance the budget is simply neither serious nor fiscally responsible.

Gentlemen, your plans do not live within the means of the American people.

Gentlemen, your plans are fiscally irresponsible and your budgets are massively unbalanced.

Gentlemen, your plans would increase the National Debt by several trillion dollars over the next ten years.

Gentlemen, your plans would not get the American economy on a high growth path needed to create over 30 million new full-time jobs that are needed now and not in ten years.

Gentlemen, your plan is a disappointment and a disgrace.

Stop protecting the budget baseline and in turn the Federal Government Departments, and start balancing the budget in Fiscal Year 2012 by permanently closing Federal Departments, agencies and programs.

Congratulations, you are repeating the mistakes that led to the Republican Party losses in 2006 and 2008.

Only Senator Rand Paul’s proposed Fiscal Year 2012 Budget proposal comes close to understanding the scope and urgency of the fiscal crisis.

Unfortunately, the Federal Government does not have the luxury of waiting five years to balance the budget.

In less than three years the economy will be in another recession as a direct result of Congress not balancing the budget in a timely manner.

By then the credit rating agencies will have downgraded Treasury debt and interest rates will be significantly higher making matters even worse.

Any Senator or Representative that votes for either Senator Toomey’s or Representative Ryan’s plan deserves to be defeated in the next election.

Budget to the estimated tax revenues not the CBO budget baseline.

Streamline the Federal Government by closing ten Federal Departments.

Cap the National Debt Limit at $15,000 billion and start paying off the National debt within five years.

Cut the budgets of the remaining Departments including the Department of Defense by 20% and total compensation for all Government employees by 20%.

Pass the FairTax with a 25% (excluding the tax) or 20% (including the tax) national retail sales consumption tax on the sale of new goods and services to replace all Federal taxes.

The United States of America needs to return a peace and prosperity economy with a constitutional republic that is limited in both size and scope.

The United States of America needs to abandon the warfare and welfare economy with a collectivist state that is not limited in either size or scope.

The American people want a choice not an echo of President Obama’s Democratic Party Fiscal 2012 budget proposal.

Gentleman, back to the drawing boards–start cutting and balancing–earn you pay.

 

 

Background Articles and Videos

Ron Paul on FOX News 05/25/11

U.S. Debt Rating Drops to “Negative”

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

 

Dick Armey Part 1

Dick Armey Part 2

Dick Armey Part 3

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Leave It To Beaver–Newt Gingrich–The Beaver Puppet of The Republican Washington D.C. Establishment Political Class With It Social Engineered Warfare and Welfare Economy with A $3,500 Billion Unbalanced Budget For Fiscal Year 2012 with Nearly $1,000 Billion In Deficit Spending!–Videos

Posted on May 17, 2011. Filed under: Banking, Blogroll, Business, Climate, Communications, Culture, Economics, Education, Employment, Federal Government, Fiscal Policy, Foreign Policy, government, government spending, Language, Law, liberty, Life, Links, media, Microeconomics, Monetary Policy, Money, Narcissism, People, Philosophy, Politics, Private Sector, Psychology, Public Sector, Rants, Raves, Regulations, Resources, Strategy, Talk Radio, Taxes, Unions, Video, War, Wealth | Tags: , , , , , , , , |

Pronk Pops Show 28:May 18, 2011

Pronk Pops Show 27:May 9, 2011

Pronk Pops Show 26:May 5, 2011

Listen To Pronk Pops Podcast or Download Shows 27-28

Listen To Pronk Pops Podcast or Download Shows 22 (Part 2)-26

Listen To Pronk Pops Podcast or Download Shows 16-22 (Part 1)

Listen To Pronk Pops Podcast or Download Shows 10-15

Listen To Pronk Pops Podcast or Download Shows 1-9

THE BEAVER – Trailer

 

  

“…One other trend is that Americans are becoming more averse to partisan labels. While Republican affiliation has fallen by four points since 2005 to 25, and Democratic affiliation dropped by a point to 32 percent, the number of independents rose 7 point to 37 percent. (These numbers do not square with the ones in the chart because they reflect polling in the first quarter of 2011, and not annual averages used in the typology studies).

On the pivotal issue of the role of government, 96 percent of Staunch Conservatives and 74 percent of Main Street Republicans want a smaller government providing fewer services. Among Democrats, 53 percent of the Hard Pressed, 65 percent of New Coalitioners and 74 percent of Solid Liberals favor bigger government providing more services.

The majority of independents want smaller government, with 84 percent of Libertarians holding that view, far higher than the other independent “types.” …”

http://www.pollwatchdaily.com/2011/05/04/clashing-views-of-government-deepening-the-political-divide/

Gingrich: GOP Budget Plan Is “Right-Wing Social Engineering”

Newt Gingrich’s scathing criticism of Rep. Paul Ryan’s (R-Wis.) budget has House Republicans peeved

Paul Ryan Defends Against Newt Gingrich Attack

Paul Ryan and Newt Gingrich Square Off

Bill Bennett Interviews Newt Gingrich about His Paul Ryan Comments

Newt Gingrich Tries to Rehabilitate Himself on the Mark Levin Show in Wake of Ryan Disaster

Rush Limbaugh – Newt Gingrich Trying To Carve Himself Out A Place In The Campaign

The Real Newt Gingrich (complete film)

The Real Newt Gingrich Part 1

The Real Newt Gingrich Part 2

 

The Real Newt Gingrich Part 3

The Real Newt Gingrich Part 4

Larry McDonald – John Birch Society Chairman – CFR NWO 1983 1/2

Larry McDonald – John Birch Society Chairman – CFR NWO 1983 2/2

“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

The Republican Party establishment or political class in Washington D.C. is out of touch with the American people.

Many long time members of the conservative movement who in the past voted Republican, now consider themselves independents and support the tea party movement.

After twelve years of the Bushes with their wars,  unbalanced budgets, deficit spending, growing national debt and low economic growth rates, conservatives and libertarians concluded that the Republican Party was deeply penetrated by big government interventionist who in the past were called progressives and/or Rockefeller Republicans–and are now called country club Republicans or Republicans In Name Only–RINOS.

Smart and wise conservatives and libertarians recognized that the two-party system in the United States made it difficult if not impossible to win as a third-party candidate.

If you wanted to run for public office such as for Congress, the Senate or for President of the United States, you had no choice but to run on the Republican ticket.

This meant fighting the Republican establishment progressives or big government interventionists in primaries just to get on the ballot.

After the elections of 2006 and 2008, the Republican Party brand was damaged as both conservatives and libertarians left the Republican Party having concluded they were betrayed by the Republican Party establishment in Washington D.C.

Dan Mitchell, Cato Institute, Debt Ceiling

Rand Paul “Republicans & Democrats Have Been On A Drunken Spending Spree Up Here”

The tea party movement became the new home of both former Republicans and Democrats who strongly felt that their political parties had left them.

George Wallace, who was  elected Governor of Alabama four times and ran for President of the United States four times,  once said “There’s not a dimes worth of difference” between the Democratic and Republican Parties.

Wallace was echoing Huey Long who was a one-term Governor and one term Senator of  Louisiana before he was assassinated in September 1935:

With inflation the difference between the Republican Party proposed budget for Fiscal Year 2012 and  the Democratic Party or President Obama’s proposed budget for Fiscal Year 2012 has grown to about $200 billion.

Both the Republican and Democratic Party Fiscal Year 2012 budgets are massively unbalanced.

Both the Republican and Democratic Party Fiscal Year 2012 budgets run deficits of about $1,000 and $1,200 billion respectively and which in turn increases the National Debt by the same amount.

Both the Republican and Democratic Party Fiscal Year 2012 budgets are living beyond the means of the American people to pay for in taxes and are fiscally irresponsible.

Which Budgets Are Balanced And Living Within The Means of The American People?

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.

Newt Gingrich, the Republican Party’s beaver puppet, to the tea party movement and American people was wrong when he labelled the Republican Party’s Fiscal Year 2012 budget of Paul Ryan “right-wing social engineering”.

The Paul Ryan and Republican Party budget is the social engineering of the Republican Party establishment in  that the budget protects the massively bloated bureaucracy and budget baseline.

Cutting the rate of growth in the budget baseline by over $6,000 billion sounds impressive but it really is only business as usual.

These so-called cuts are not real cuts or lower year to year budget outlays.

It’s Simple to Balance The Budget Without Higher Taxes

Tea party conservatives and libertarians are not asking, they are demanding massive cuts in the budget baseline or Federal Government spending and balanced budgets starting in Fiscal Year 2012.

Tea party conservatives and libertarians are insisting that eight to ten Federal Departments be closed permanently.

Tea party conservatives and libertarians are demanding these changes before the Republican establishment even mentions entitlement reforms to Social Security and Medicare.

If the tea party conservatives and libertarians do not get them, they will vote out of office any Republican or Democratic Representative and Senator who votes for an increase in the National Debt ceiling and the massively bloated Fiscal Year 2012 unbalanced budget.

The tea party movement is not falling for either  Newt Gingrich, The Beaver puppet of the Republican establishment, nor Paul Ryan’s twenty-five years to a balanced budget pathway to prosperity.

If the Republican Party establishment cannot balance the budget in Fiscal Year 2012 then the tea party movement will find people who will in future years.

Both the Democratic and Republican parties still do not get.

Both Senator Rand Paul and Ron Paul do get it as well as the urgency of the situation.

Rand Paul ‘It’s Amazing To Me To Be Lectured To Hear About How Awful The Tea Party Is’ 4/15/11

Neither Bill Bennet nor Mark Levin nor Rush Limbaugh are pointing out to the audiences that the Republican Party or Paul Ryan’s proposed budgets are massively out of balance and would not balance for over twenty-five years.

May I suggest these talk show hosts do their homework before singing the praises of Paul Ryan or criticising Newt Gingrich, who at least got it half right.

Ryan’s or the Republican Party’s proposed budgets are not courageous, serious or balanced–these budget are fiscally irresponsible and living way beyond the means of the American people.

The days or wine and roses are over.

Stop spending and start balancing the budget or you will be replaced.

The tea party movement will be replacing the current puppet in the White House in 2012 with a person who talks the talk and walks the walk–a fiscally responsible conservative or libertarian.

“If the practice persists of covering government deficits with the issue of notes, then the day will come without fail, sooner or later, when the monetary systems of those nations pursuing this course will break down completely. The purchasing power of the monetary unit will decline more and more, until finally it disappears completely.”

~Ludwig von Mises, On the Manipulation of Money and Credit, page 5

NPR on Ron Paul: Why The Young Flock To An Old Idealist

Ron Paul: The ‘Status Quo’ Is My Toughest Competition

Ronald Reagan on Limited Government

 

Background Articles and Videos

Alex Jones welcomes John Birch Society President John McManus 1/5

Alex Jones welcomes John Birch Society President John McManus 2/5

Alex Jones welcomes John Birch Society President John McManus 3/5

Alex Jones welcomes John Birch Society President John McManus 4/5

Alex Jones welcomes John Birch Society President John McManus 5/5

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

Ryan Unveils Much Anticipated 2012 Budget Plan

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