Federal Spending

Trump’s Proposed Department Of Government Efficiency Headed By Musk And Ramaswamy A Threat To American Democracy!

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An attack on the federal bureaucracy has been proposed by Donald Trump, with his idea of a new Department of Government Efficiency, to be pursued by two billionaires—Elon Musk and Vivek Ramaswamy!

This is an attack on American democracy and the authority of the legislative branch, as the proposal is to cut the federal budget by about one third, saving $2 trillion, out of a $6.5 trillion national budget!

There are very few public figures more oboxious, all knowing, and arrogant than Musk and Ramaswamy, and the irony is that they want to create a new government agency to cut funding on other government agencies, truly looney.

Ramaswamy wants to cut the Department of Education, the Federal Bureau of Investigation, and the Internal Revenue Service, and also, overall, cut the federal work force by 75 percent.

That should, on its own, be enough to declare these two arrogant, super wealthy prima donnas, as totally off the wall lunatics, and the ideas they promoted are basically anarchistic in nature, and needs to be repudiated in an aggressive manner!

Massive cuts in Social Security and defense spending would be required under this lunatic plan, and instead, both Musk and Ramaswamy need to be told to go back to enrichment of their own fortunes, and leave the American people alone!

Mitt Romney: A Chameleon, But Also A Damned Liar!

Ronald 2 Comments

Mitt Romney, the Republican Presidential nominee, has often been described as a chameleon, a person who constantly changes his views, which already makes him a suspect candidate, as one finds it hard to believe anything he says, and to accept any position he takes on any subject as being his final view.

But worse than being a chameleon is the reality that he also is a damned liar!

Romney has been campaigning on the idea that Barack Obama is a wild spender, when the truth is that federal spending has slowed up under his Presidency.

Federal spending increased the most under George W. Bush, 7.3 percent in his first term and 8.1 percent in his second term, followed by Ronald Reagan, George H. W. Bush, Bill Clinton, and finally, Barack Obama, with only 1.4 percent annually during his first term.

Romney, as Eugene Robinson in the Washington Post observes, lies about Obama “apologizing for America” when he has never done that; claims that Obama does not believe in American “Exceptionalism”, which is also false; and says that Obama is guilty of “appeasement”, which is ridiculous, considering Obama’s exceptional work against terrorism; and while stating all these falsehoods about Obama, Romney exaggerates his job creating while at Bain Capital, another total lie.

For a person who claims to be a “good Mormon”, very religious, it makes one wonder what that term “very religious” means! Apparently, it is the right to lie through one’s teeth and keep a straight face!

Federal Reserve Chairman Ben Bernanke Advice: Government Stimulus Spending Needed Now, Dealing With Deficit Later!

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Federal Reserve Board Chairman Ben Bernanke gave testimony yesterday on the economy before a Senate committee, and emphasized the urgency of the government spending money to stimulate the economy in the short term, to make up for lack of private spending!

The issue of the deficit, Bernanke said, must be dealt with, as it is a threat to our long term economy, but right now the emphasis has to be on promoting economic growth, or else there is a danger of a further downturn in the economy!

Considering that Bernanke was appointed by President George W. Bush, and is seen as a conservative, this is advice that should be taken seriously by Congress and the Obama Administration!

Better to work to expand the economy, than to follow the lead of Franklin D. Roosevelt in 1937, who listened to conservatives who complained about government spending, cut the spending, and helped, therefore, to cause the Recession of 1937-1938! President Obama and the Democrats MUST take action to promote economic growth, no matter what conservatives and Republicans say!