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Thursday, July 28, 2011

chicken feed

Okay, you are good at math. Try this one. If the Boehner bill becomes law it promises to raise the debt ceiling $900 billion (.9 trillion). If the current debt ceiling is $14.3 T, what will be the new debt ceiling? Answer: $16.3T. That is because of automatic baselining. Each year the fed gov't assumes that the next year's budget will grow by some percentage. It is now around 10% per year. So if you do that for 10 years, you accumulate $1.1T of extra spending needed automatically. 14.3T+.9T+1.1T=16.3T. Welcome to government math. So Boehner's $915 billion in accumulated 10 year spending is nicely counteracted by the increase of baseline. Looks like Washington has snookered us again. We need to elect someone who institutes Zero Baseline Budgeting in 2012.

A chicken has the ability to survive on most any seeds or grains for a diet. For that reason the traditional farming of chickens simply consists of letting them out of the chicken house to roam the farmstead and clean up spilled grain and eat weeds and seeds. But if inclement weather keeps the chicken couped, the farmer can scoop up the grain in the driveway of the granary or barn, dirt, gravel and all and toss it to the chickens. They will pick it clean. For that reason, when something is of little value or meager, the expression, "chicken feed" is used to describe it. We are going to get chicken feed budget cuts from Washington. When the government runs an annual $1.6T budget deficit and the best deal the House can get is about $90 billion in annual cuts, it will be almost imperceptible-- 2% of the entire budget. Chicken feed.

A soldier would just say "nuts", and tell the Democrats "I ain't voting for anything." Retreat, regroup, launch a later offensive. Indeed it might seem better to simply let Obluffer go on spending and ruining our credit rating since we are so powerless to stop the spending. But of course that might damage our nation's economy for years to come with high interest rates and runaway entitlements. This truly is a time of a silent national crisis.

More worrisome than the debt however is what Obluster told La Raza recently. Beck had this on his website glennbeck.com. He said he was very tempted to take matters into his own hands, i.e., operate dictatorially. La Raza, the socialist outfit of Mexican Nationalists who want USA to hand over everything from Texas and Colorado to California over to Mexico, wildly cheered and applauded the Prez.

You know I really don't fear Obama and his dictatorship daydreams so much. Who I fear is the real dictator who is serious about taking over this country and uses Obama's precedents of taking over auto companies and controlling banks. Of using the peronistas--those who pay no taxes--to riot in the streets. Of his methods of hooking so many people on government assistance, medicine, pensions, and jobs, that they look to the government for all that matters. Of his use of the EPA and agencies to hyper-regulate and make businessmen criminals for trying to do business. And I fear those who will stand and applaud and cheer wildly as this takes place.

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