Can the US endlessly create debt without consequence?
So the item of the day is another misguided treatise by my favorite Neocon over at AEI. Here is the link. http://www dot aei-ideas dot org/2013/09/does-the-fed-really-have-a-hidden-agenda-to-hide-the-cost-of-us-debt/comment-page-1/ (replace "dot" with "." I do this so that when I copy and share it does not zero in on this article rather than what I have written.)
My response follows:
There are many things I could pick apart in this opinion piece, but let me concentrate on the last 2 paragraphs.
The legacy of Barrack Hussein Obama: Destroying the American economy one industry at a time. First, the manufacturing (auto) industry. Then, the health industry. Now, the technology sector and I predict that the public education system with the disastrous 'Common Core' policies will be next.
Congratulations Marxists. You are getting your wish. A weakened America. Of course those Marxists will lie and say it's all Republican's fault even while they continue to issue new regulations, new mandates, and new policies from the Democrat controlled White House with air cover from the Democrat controlled Senate and all the Democrat controlled bureaucracies within D.C.
I miss America.
The spectacle of National Security Agency contractor Edward Snowden exposing the covert spying nature of US federal officials has sent ripple waves through the technology industry -- especially in the outsourcing arena.
Remember when this nation valued hard work and you could size up the character of a person by how much they produced in whatever profession they chose to invest their time in?
Or, if they were between jobs they were measured according to how hard they worked to improve themselves in order to find that next career move?
I distinctly remember baling hay in the summers, washing dishes at a supper club on the weekends, working any shift I could find at a fast food restaurant, being a gopher at a construction site during summer break, working a factory job during a different summer break, taking the night shifts in a security job, and eventually landing a sweet position as a software developer. All the time throughout and in between those rungs of the ladder I was reading and learning and experimenting with computers so I could get to this phase of my career and God only knows what may come next.
Got this message from my Congressional mis-representative, Ron Kind, and felt inspired by his words: http://kind.congressnewsletter.net/mail/util.cfm?gpiv=2100104789.491029....
Ron talks about inexpensive health care, small business, and economic opportunity in that piece. My response:
Thank you for your recent email regarding health care, small business, and economic opportunity. Consider the following:
You want low insurance rates, yet you promoted Obamacare, which taxes the very goods and services that you correctly observe already cost too much.
DHHS recently added 15000 regulations with regard to Obamacare. How is this going to REDUCE the cost of delivery of medical care? Quite simply, it is not.