Largest Theft in History
By William E. Been
While watching the Debt Ceiling increase by $2.4 trillion just to cover spending until the next presidential election, the scam perpetrated on the American people could not have been any more obvious.
While the GOP House of Representatives negotiated with itself for weeks attempting to propose something that might save our great nation from financial disaster, neither the U.S. Senate nor the White House proposed anything.
Even worse, while listening to the rhetoric of Mr. Obama about the need for a bipartisan solution, the Majority Leader of the Democrat-controlled Senate announced that bills coming from the House were “dead on arrival.” In fact, nothing coming from the GOP House was even allowed to be debated by the totally partisan Senate leadership. This resulted in another crisis not to be wasted.
As the Administration-imposed deadline of August 2 approached, the Democrat rhetoric followed a familiar pattern as they attempted to frighten the American public with false accusations that grandma won’t get her medical care, seniors will lose their Social Security, sick children will be turned away, and that a major calamity will occur if no increase in the debt ceiling is approved by August 2.
In attempting to understand how and why our government has become so blatantly irresponsible, I heard an interview with Orin Hatch on FOX News. Senator Hatch spoke of his past attempts at a Balanced Budget Amendment, specifically one in 1997 that failed to pass by a single vote. I could not help but wonder what that one vote would have meant to the current situation.
With the debt being $5.4 trillion in 1997 and heading for $15 trillion in 2011, it is clear that holding at the 1997 levels would have assured that no crisis would have occurred and that the spending being generated by the Obama Administration would have been dramatically reduced. As a result, it is important to understand who those senators were that accounted for the missing vote that would have facilitated financial soundness.
A familiar pattern was again evident. The vote was 66-34 with a super majority of 67 votes required to pass the Amendment. Upon review of the vote by senator, it was once more aggravating to see the partisan politics that has ruled this country since the early 1990s.
The “one vote” that killed the bill was cast by 34 Democrats who, as a block, killed the chance for financial sanity. Even more remarkable, every GOP senator voted for the bill along with eleven Democrats. Yet, the 34 Democrats blocked a bill that could have completely eliminated the debt ceiling crisis of 2011.
Sadly, eighteen of these 34 senators are still in the US Senate blocking all attempts to reduce spending and debt. This Group of Eighteen has destroyed the financial stability/strength of the greatest nation in history. Every American needs to know these senators who will be listed as the “Dirty Dozen plus 6” at the end of this document.
Having documented the Democrat destruction of mortgage lending standards during the 1990s, this irresponsible destruction of a bipartisan Balanced Budget bill in 1997 coupled with the mortgage lending debacle should be an indictment of the entire Democrat Party. No theft of wealth at any level can even begin to approach what the Democrats and their Progressive Movement allies have committed against our great country.
The Democrats have literally destroyed our financial reputation, the reserve status of our dollar, and are continuing the reckless spending at the prodding of the current President who calls it “investment.” It is time to stop the Democrats, their Progressive masters, and their Socialist allies.
THEY MUST BE STOPPED OR THE AMERICA THAT HAS BEEN THE ENVY OF THE WORLD WILL NO LONGER EXIST. REMEMBER TO VOTE AND GET-OUT-THE-VOTE ON NOVEMBER 6, 2012. GOD BLESS AMERICA!
Dirty Dozen Plus 6
William E. Been is author of Masters of Audacity and Deceit.
Read Full Post »