Monthly Archives: July 2011

There Is No Social Security Trust Fund

Well… the truth comes out…  So Sayeth Barack Obama:


President Obama on Tuesday said he cannot guarantee that retirees will receive their Social Security checks August 3 if Democrats and Republicans in Washington do not reach an agreement on reducing the deficit in the coming weeks.

“I cannot guarantee that those checks go out on August 3rd if we haven’t resolved this issue. Because there may simply not be the money in the coffers to do it,” Mr. Obama said in an interview with CBS Evening News anchor Scott Pelley, according to excerpts released by CBS News.

If the checks can’t be guaranteed to go out on August 3rd unless we borrow money… does that not imply that the Social Security “Trust Fund” has been raided and there’s nothing actually there but a bunch of IOU’s from the Federal Government?  Contrary to what liberals who shriek about entitlement reform believe to be the case?

There you have it, folks.  From the mouth of Barack Obama himself.  There is no actual money in the Social Security trust fund.

Independence Day

On this day it is incumbent upon us to revisit the words of the men who declared Independence from Great Britain on this day in 1776.

Copied from the National Archives:

IN CONGRESS, July 4, 1776.

The unanimous Declaration of the thirteen united States of America,

When in the Course of human events, it becomes necessary for one people to dissolve the political bands which have connected them with another, and to assume among the powers of the earth, the separate and equal station to which the Laws of Nature and of Nature’s God entitle them, a decent respect to the opinions of mankind requires that they should declare the causes which impel them to the separation.

We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.–That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed, –That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness. Prudence, indeed, will dictate that Governments long established should not be changed for light and transient causes; and accordingly all experience hath shewn, that mankind are more disposed to suffer, while evils are sufferable, than to right themselves by abolishing the forms to which they are accustomed. But when a long train of abuses and usurpations, pursuing invariably the same Object evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security.–Such has been the patient sufferance of these Colonies; and such is now the necessity which constrains them to alter their former Systems of Government. The history of the present King of Great Britain is a history of repeated injuries and usurpations, all having in direct object the establishment of an absolute Tyranny over these States. To prove this, let Facts be submitted to a candid world.

He has refused his Assent to Laws, the most wholesome and necessary for the public good.
He has forbidden his Governors to pass Laws of immediate and pressing importance, unless suspended in their operation till his Assent should be obtained; and when so suspended, he has utterly neglected to attend to them.
He has refused to pass other Laws for the accommodation of large districts of people, unless those people would relinquish the right of Representation in the Legislature, a right inestimable to them and formidable to tyrants only.
He has called together legislative bodies at places unusual, uncomfortable, and distant from the depository of their public Records, for the sole purpose of fatiguing them into compliance with his measures.
He has dissolved Representative Houses repeatedly, for opposing with manly firmness his invasions on the rights of the people.
He has refused for a long time, after such dissolutions, to cause others to be elected; whereby the Legislative powers, incapable of Annihilation, have returned to the People at large for their exercise; the State remaining in the mean time exposed to all the dangers of invasion from without, and convulsions within.
He has endeavoured to prevent the population of these States; for that purpose obstructing the Laws for Naturalization of Foreigners; refusing to pass others to encourage their migrations hither, and raising the conditions of new Appropriations of Lands.
He has obstructed the Administration of Justice, by refusing his Assent to Laws for establishing Judiciary powers.
He has made Judges dependent on his Will alone, for the tenure of their offices, and the amount and payment of their salaries.
He has erected a multitude of New Offices, and sent hither swarms of Officers to harrass our people, and eat out their substance.
He has kept among us, in times of peace, Standing Armies without the Consent of our legislatures.
He has affected to render the Military independent of and superior to the Civil power.
He has combined with others to subject us to a jurisdiction foreign to our constitution, and unacknowledged by our laws; giving his Assent to their Acts of pretended Legislation:
For Quartering large bodies of armed troops among us:
For protecting them, by a mock Trial, from punishment for any Murders which they should commit on the Inhabitants of these States:
For cutting off our Trade with all parts of the world:
For imposing Taxes on us without our Consent:
For depriving us in many cases, of the benefits of Trial by Jury:
For transporting us beyond Seas to be tried for pretended offences
For abolishing the free System of English Laws in a neighbouring Province, establishing therein an Arbitrary government, and enlarging its Boundaries so as to render it at once an example and fit instrument for introducing the same absolute rule into these Colonies:
For taking away our Charters, abolishing our most valuable Laws, and altering fundamentally the Forms of our Governments:
For suspending our own Legislatures, and declaring themselves invested with power to legislate for us in all cases whatsoever.
He has abdicated Government here, by declaring us out of his Protection and waging War against us.
He has plundered our seas, ravaged our Coasts, burnt our towns, and destroyed the lives of our people.
He is at this time transporting large Armies of foreign Mercenaries to compleat the works of death, desolation and tyranny, already begun with circumstances of Cruelty & perfidy scarcely paralleled in the most barbarous ages, and totally unworthy the Head of a civilized nation.
He has constrained our fellow Citizens taken Captive on the high Seas to bear Arms against their Country, to become the executioners of their friends and Brethren, or to fall themselves by their Hands.
He has excited domestic insurrections amongst us, and has endeavoured to bring on the inhabitants of our frontiers, the merciless Indian Savages, whose known rule of warfare, is an undistinguished destruction of all ages, sexes and conditions.

In every stage of these Oppressions We have Petitioned for Redress in the most humble terms: Our repeated Petitions have been answered only by repeated injury. A Prince whose character is thus marked by every act which may define a Tyrant, is unfit to be the ruler of a free people.

Nor have We been wanting in attentions to our Brittish brethren. We have warned them from time to time of attempts by their legislature to extend an unwarrantable jurisdiction over us. We have reminded them of the circumstances of our emigration and settlement here. We have appealed to their native justice and magnanimity, and we have conjured them by the ties of our common kindred to disavow these usurpations, which, would inevitably interrupt our connections and correspondence. They too have been deaf to the voice of justice and of consanguinity. We must, therefore, acquiesce in the necessity, which denounces our Separation, and hold them, as we hold the rest of mankind, Enemies in War, in Peace Friends.

We, therefore, the Representatives of the united States of America, in General Congress, Assembled, appealing to the Supreme Judge of the world for the rectitude of our intentions, do, in the Name, and by Authority of the good People of these Colonies, solemnly publish and declare, That these United Colonies are, and of Right ought to be Free and Independent States; that they are Absolved from all Allegiance to the British Crown, and that all political connection between them and the State of Great Britain, is and ought to be totally dissolved; and that as Free and Independent States, they have full Power to levy War, conclude Peace, contract Alliances, establish Commerce, and to do all other Acts and Things which Independent States may of right do. And for the support of this Declaration, with a firm reliance on the protection of divine Providence, we mutually pledge to each other our Lives, our Fortunes and our sacred Honor.

The 56 signatures on the Declaration appear in the positions indicated:

Column 1
Button Gwinnett
Lyman Hall
George Walton

Column 2
North Carolina:
William Hooper
Joseph Hewes
John Penn
South Carolina:
Edward Rutledge
Thomas Heyward, Jr.
Thomas Lynch, Jr.
Arthur Middleton

Column 3
John Hancock
Samuel Chase
William Paca
Thomas Stone
Charles Carroll of Carrollton
George Wythe
Richard Henry Lee
Thomas Jefferson
Benjamin Harrison
Thomas Nelson, Jr.
Francis Lightfoot Lee
Carter Braxton

Column 4
Robert Morris
Benjamin Rush
Benjamin Franklin
John Morton
George Clymer
James Smith
George Taylor
James Wilson
George Ross
Caesar Rodney
George Read
Thomas McKean

Column 5
New York:
William Floyd
Philip Livingston
Francis Lewis
Lewis Morris
New Jersey:
Richard Stockton
John Witherspoon
Francis Hopkinson
John Hart
Abraham Clark

Column 6
New Hampshire:
Josiah Bartlett
William Whipple
Samuel Adams
John Adams
Robert Treat Paine
Elbridge Gerry
Rhode Island:
Stephen Hopkins
William Ellery
Roger Sherman
Samuel Huntington
William Williams
Oliver Wolcott
New Hampshire:
Matthew Thornton

Are we, the current citizens the intellectual heirs of this document?  Or have we abandoned our birthright instead to go chasing after the bloodthirsty French Revolution?

Debt Ceiling Talk

Thus far, I have kept silent around here on the debt ceiling.  This is mostly because there hadn’t been anything of real interest to me in writing about until now.  Despite Boehner’s whining that the Republicans only control 1/2 of 1/3 of the government they hold all the cards on the debt ceiling.

Which is why I find it very interesting that Barack Obama was complaining the other day about the Republicans not wanting to compromise.  I mean, I could hop in my time machine and go just a few short years ago and get the Obama who said, “I won” in response to Republican objections about how things should be done.  But pointing out the blatant hypocrisy of Barack Obama is like shooting fish in a barrel.  He has become such a joke that there isn’t any point in pointing out his self contradictions even for the purposes of mockery.

No.  I write tonight because I think that we – the Conservatives of this country – should give Obama what he wants.  Obama has repeatedly called for ending “spending in the tax code”.  He did this at his press conference on Wednesday.  And he said it in April.  Where Jon Stewart beautifully explained Obama’s position.

What? “Spending reductions in the tax code”? The tax code isn’t where we spend, it’s where we collect, and that…. ohhhhhhhhhhhhhhh. I guess what you said is tax “code”, code for raising taxes. You managed to talk about a tax hike as a spending reduction. Can we afford that and the royalty checks you’re going to have to send to George Orwell?

So, if Obama wants to talk about some changes to the tax code, I’m all for him.

First, since he’s so horribly offended by the tax cuts for corporate jets, I suggest that we repeal the legislation that introduced them.

Second, lets all be honest.  GE paying no taxes is a very bad thing.  It just goes to show how bad our tax law is.  Therefore, it’s time for a total tax overhaul!  Flat Tax?  Fair Tax?  Lets have that discussion!  Demanding a balanced budget amendment is small potatoes now!  The POTUS has spoken!  He wants to talk about the tax code!  Lets oblige him!  Show us the difference between Republicans and Democrats.   Send him a bundle to sign that cuts the crap out of spending, bans federal monies going to Planned Parenthood in any way shape or form, raises the debt limit high enough to pay for the money he’s taken out of pension plans, social security, and medicare to keep his spending levels up, and reforms the tax code to remove all loop holes via a flat tax or fair tax and defunds the Department of Justice until the congress gets answers on Operation Fast and Furious and Obama and Holder agree to defend the Defense of Marriage Act in court.

I’m also all for cutting the Department of Education’s police force.

But, abolishing the income tax in its current form (i.e. no deductions, no loopholes) we also undercut one of the major arguments that has been used to foist “homosexual marriage” on us in that we will no longer have to hear about married couples getting the tax credit while gays and lesbians don’t have their partnerships recognized and don’t get a tax cut.

As I said to open this post – the Republicans are holding all the cards here.  If Obama would rather default on United States debt than put some federal spending on hold then so be it.  The GOP needs to immediately send Obama a bill prioritizing debt payments for when the treasury runs out of fiscal games to play and the spending orgy has to stop.

To be completely serious – in Obama’s first two years of office, he shoved his agenda down our throats without thinking twice about it.  And now he wonders why nobody is just running to him to work out some kind of compromise bill?  It’s really very simple – we categorically reject the kind of tax hikes that Obama wants and in his time in the Oval Office he has shown absolutely zero ability to work with Republicans to get things done.  And that’s showing right now.  His skill set is demagoguery.  He gave his long hypocritical speech the other day to try to community organize his followers into pressuring the Republicans into giving him what he wants.  If the Republicans do that, there will be a third party in 2012 and they know it.  It is not going to happen.  And in my opinion, it’s very unlikely that Obama is going to come out of his ivory tower willingly and try to solve the problem.  He will continue to send Biden and Reid to deal with the Republicans while blathering on like the irrelevant wind machine he is to any microphone in reach.

So, if it’s unlikely that Obama is going to deal with us in a sincere way, what have we to lose by writing up a Conservative vision for the country and demanding he go along with it?  Give the voters are clear and distinct choice in 2012.