The Mortgaging of America
Against calls to trim spending elsewhere to accommodate the Katrina emergency, House Majority Leader Tom DeLay (R-Tex.) did little to close those floodgates when he suggested this week that the Republican-controlled Congress had already trimmed all the fat from federal spending. "My answer to those that want to offset the spending is 'Sure, bring me the offsets,' " he said. "I will be glad to do it, but no one is able to come up with any yet."
This shows the mindset and thinking of the president and his Republican Congressional leaders in Congress. They’ve already trimmed all the fat from federal spending? They refuse to understand the financial damage that they have done to this country in the past five years.
Allow an ordinary citizen to point out the following “offsets” that the House Majority Leader can’t seem to find:
1-All of the hundreds of millions of dollars in the pork-barrel spending that was loaded into the highway bill.
2-The expensive ongoing pre-emptive war in Iraq that is costing this country billions of dollars and thousands of lives.
3-The “give to the rich and take from the poor” tax cuts that the president and his cronies passed.
4-The tax incentives given to the energy companies under the guise of helping with the energy problem.
5-The financial help to the drug companies under the phony Medicare prescription bill that helps no one except those companies.
6-The bridge to nowhere in Alaska.
7-Etc, etc, etc. for the things we don’t even know about and have been hidden by our “serve the rich and powerful” Republican led Congress.
If Mr. DeLay and his indicted friends in Texas want to find a way to finance the reconstruction of New Orleans (if it is done) they can do so. That is if they finally want to be honest and interested in helping this nation survive a fiscal crisis of overwhelming proportions. It will either be that or the devaluation of the dollar against the world’s currencies and/or more of our country being owned by those nations who hold what is fast becoming the "Mortgaging of America."
This shows the mindset and thinking of the president and his Republican Congressional leaders in Congress. They’ve already trimmed all the fat from federal spending? They refuse to understand the financial damage that they have done to this country in the past five years.
Allow an ordinary citizen to point out the following “offsets” that the House Majority Leader can’t seem to find:
1-All of the hundreds of millions of dollars in the pork-barrel spending that was loaded into the highway bill.
2-The expensive ongoing pre-emptive war in Iraq that is costing this country billions of dollars and thousands of lives.
3-The “give to the rich and take from the poor” tax cuts that the president and his cronies passed.
4-The tax incentives given to the energy companies under the guise of helping with the energy problem.
5-The financial help to the drug companies under the phony Medicare prescription bill that helps no one except those companies.
6-The bridge to nowhere in Alaska.
7-Etc, etc, etc. for the things we don’t even know about and have been hidden by our “serve the rich and powerful” Republican led Congress.
If Mr. DeLay and his indicted friends in Texas want to find a way to finance the reconstruction of New Orleans (if it is done) they can do so. That is if they finally want to be honest and interested in helping this nation survive a fiscal crisis of overwhelming proportions. It will either be that or the devaluation of the dollar against the world’s currencies and/or more of our country being owned by those nations who hold what is fast becoming the "Mortgaging of America."
posted by Sam Schoolsky | 8:37 AM
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