In 1777 the British thought they had finally hit upon a strategy to crush the rebellion. They would divide the colonies. General John Burgoyne had presented a bold plan to the government in London. He proposed to invade New England from Canada marching down the Hudson River Valley. There British troops moving up from New Jersey and New York under the command of General Howe would join Burgoyne and effectively cut the colonies in two demoralizing the rebels and discouraging the French who were considering recognizing the independence of America.
In early summer Burgoyne set off with a professional army of over 7,000 men and many thousands of Indian allies. In a declaration Burgoyne threatened to unleash his Indian allies to pillage the Americans. When numerous atrocities were committed the vast majority of Americans in the path of the invading army resolved to join the rebellion thus swelling the troops and supplies of the Americans.
As the British proceeded south the resistance constantly stiffened and the swarm of snipers buzzed about the invaders like mosquitos snipping at their heels over and over. Burgoyne ignored these attacks and continued his advance to the south in a grand style. Meanwhile, miles to the south General Howe made a decision that would have a fateful consequence. Instead of marching to meet Burgoyne as he was supposed to do he decided to attack Philadelphia, the Rebel capital. Not aware of the change of plans Burgoyne continued to march south unconcerned that his supply lines were becoming longer and less secure since he thought he would receive everything he needed as soon as the reinforcements arrived.
Soon American ambushes began to defeat or capture any British forces sent out from the main body to forage or scout. The Americans began to burn and destroy all supplies, crops, and pasture in front of the British. Day by day General Burgoyne should have begun to realize he was marching into a trap. Finally in the first week of October 1777 the American Continental Army confronted the British north of Albany near the town of Saratoga. Ever the flamboyant firebrand Burgoyne though now surrounded and outnumbered trusted to his professional troops to overwhelm and defeat the citizen soldiers of the American Army. Without hesitation Burgoyne took the offensive and was soon smashing his way through the poorly trained militias that made up a major portion of the American Army. He seemed about to snatch victory from the jaws of defeat when one of America’s greatest heroes intervened.
When the British were about to break through General Benedict Arnold rallied his troops and against the orders of his commanding officer led a valiant counterattack which changed the course of the day and set the stage for the eventual surrender of the entire British army. This ultimately led to the recognition of America by France. And this led to the French fleet and army being present at Yorktown for the final victory which won the war.
General Arnold was grievously wounded at the battle of Saratoga and would never completely recover his health. In the reports of the battle the American commanding general Horatio Gates did not mention Arnold’s heroic deeds and took all the credit for the victory himself.
This slight festered in the heart of Arnold, and is believed to be the reason why he eventually betrayed the cause he had sworn to defend and earned a name forever synonymous with traitor in American History.
In 1777 a foreign army tried to divide America. The assault was met by minute men rushing from all directions leaving the comfort of their homes to sacrifice their lives, their fortunes, and their sacred honor to save their home land. Today the forces of social welfare use class warfare to divide and conquer. Now is the time for all good men to come to the aide of their country! Now is the time for loyalty and patriotism not the time to be timid in the face of forces dedicated to the transformation of our Republic.
Exactly what is treason? It is the offense of attempting by overt acts to overthrow the government of the state to which the offender owes allegiance: the betrayal of a trust.
Benedict Arnold did that by trying to surrender his command: the fortress at West Point. He betrayed his trust and sought to bring about the defeat of his nation.
What should we call leaders who act against the interest of the nation? Who fight endless wars for peace that do not enhance our security or protect our interest? What should we call leaders who sacrifice our energy independence to a false religion of manmade global warming and squander our treasure pouring it into ideologically driven fringe technologies that fail time and time again? What should we call leaders who embrace our enemies and offend our friends? What should we call leaders who have cast off all fiscal restraint and are spending us and our great grandchildren into oblivion? What do we call leaders who ignore the limitations of the Constitution, expand the police and detention powers of the military, and actively work to put law abiding citizens under constant surveillance?
Historians always say that hindsight is 20/20 and looking back we can see that General Arnold believed he had a reason or at least an excuse for his treason.
Seeing as clearly in the present is always a more challenging assignment; however, it is our responsibility to act as the stewards of the heritage we have received. And as the current stewards of America’s precious heritage of limited government, personal liberty, and economic freedom it is our duty to evaluate those who are sailing the ship of state over Niagara without even a barrel and ask ourselves why are they doing this? Why are those sworn to preserve, protect, and defend the Constitution of the United States doing everything conceivable to undermine the Republic and institute a centrally-planned collectivist democracy in its place?
The hidden secrets of the heart are impossible to discern. None of us can ever truly know the unspoken motives of another. Therefore we must base our interpretations of motive upon actions. We watch the bravest of the brave fight and die in wars already surrendered. We watch endless talk about the debt as the debt is constantly increased. We watch as thousands of new regulations are added every day binding the free citizens of America in a totalitarian nightmare of control. Though none dare call it by its real name, none dare point the finger of accusation for fear of being called a bigot, a racist, or intolerant, is it time to use the word none dare speak: treason?
As Thomas Paine once said, “THESE are the times that try men's souls. The summer soldier and the sunshine patriot will, in this crisis, shrink from the service of their country; but he that stands by it now, deserves the love and thanks of man and woman. Tyranny, like hell, is not easily conquered; yet we have this consolation with us, that the harder the conflict, the more glorious the triumph. What we obtain too cheap, we esteem too lightly: it is dearness only that gives everything its value. Heaven knows how to put a proper price upon its goods; and it would be strange indeed if so celestial an article as FREEDOM should not be highly rated.”
Dr. Owens teaches History, Political Science, and Religion for Southside Virginia Community College. He is the Historian of the Future and the author of the History of the Future @ http://drrobertowens.com © 2012 Robert R. Owens drrobertowens@hotmail.com Follow Dr. Robert Owens on Facebook or Twitter @ Drrobertowens
Showing posts with label National debt. Show all posts
Showing posts with label National debt. Show all posts
Thursday, March 1, 2012
Friday, October 14, 2011
The Coming Contraction
The party’s over and it’s time to pay the bill. Our government has been on a spending binge for as long as I can remember. With Clinton and Newt’s slight-of-hand accounting back in the late 90s notwithstanding, which wouldn’t withstand the level of scrutiny we give a tab at our local burger joint, there have been yearly deficits every year since I was born back in the 40s. The debt piled up to a record amount under Bush the Younger, and under Obama it has sky rocketed to the point where people have actually begun to notice that the emperor has no clothes.
It isn’t that our nation is broke since our assets still outweigh our debt, but who wants to sell Yellowstone to satisfy the Chinese? It isn’t just our government who has buried us buying $640 toilet seats, $436 hammers, or a $797,400 outhouse. All of us have had an apple out of that sack. We have pushed our personal credit to the max, our plastic to the limit, and our “Gotta have it now” culture to the breaking point. It isn’t just the 51% who pay no federal taxes but seem to have an insatiable appetite for federal services that are to blame. Those of us who make enough to merit a tax target on our backs have also drunk deep from the government trough. Social Security, Medicare, disaster relief, and student loans have added billions if not trillions to the national debt transferring money to the middle class.
All of us have contributed to this problem. If not by accepting the money or services ourselves than by voting for people who’ve made careers doling out the plunder, robbing Peter to pay Paul, buying votes, and corrupting the system. The entire edifice of Western Civilization teeters on the brink of financial collapse due to the last three generations squandering the as yet unearned income of the next three. We invested the great grand kid’s future in Ponzi schemes so that we could play today and they could pay tomorrow. This is the national version of “I will gladly pay you Tuesday for a hamburger today.”
Our lack of interest allowed politicians to run amuck. Our personal greed and lack of restraint have all of us living in houses made of plastic cards. We look at Greece and ask for whom the bell tolls ignoring the answer that it tolls for thee.
The enemies of capitalism learned the wisdom of Alinsky that “Change comes from power and power comes from organization.” They followed gurus such as Richard Andrew Cloward and Frances Fox Piven two Columbia professors who advocated overwhelming the government bureaucracy with entitlement demands. They followed leaders such as Barney Frank and Christopher Dodd who have pushed legislation that created the bubbles and then strangled the recovery. Now these well organized and well financed Progressives have come to the end game. In the great tradition of all socialist power grabs now that the crisis has arrived they have taken to the streets.
The Corporations Once Known as the Mainstream Media are falling all over themselves trying to equate the current Occupy Everywhere movement with the Tea party. I’ve known the Tea Party. The Tea Party is a friend of mine, and this is no Tea Party. I have attended many Tea Party Events and they were all peaceful. They all respected the police, and stayed within the limits of lawful protest. When the events were over they left the areas cleaner than when they arrived. The only people arrested at Tea Party events have been Progressive street thugs who have attempted to disrupt a peaceful protest. The liberal version is trashing every place they lay their head and threatening violence. In all the Tea Party events over the last few years not one persona has been arrested. In the Occupy Movement in just a few weeks hundreds have had to be hauled away.
I personally know a professional agitator who glories in the title of the Rude Guy. He has made a lifestyle out of pushing for the socialist agenda he imbibed as a youth in public school. He has spent decades moving from protest to protest advocating an end to capitalism while supporting himself through the sale of his books and paintings. This Rude Guy has moved from the implosion of Europe to what some enemies of our nation are calling the American Spring seeking free room and board in New York to continue his work. Given the fact that Van Jones has spent years, George Soros has spent millions through his front groups, and that professional organizers are flocking in from around the world it is hard to buy the Corporate Media line that this Occupy Everywhere movement is spontaneous.
However, there are the Howard Beale types who want to scream “I’m mad as hell and I’m not going to take it anymore!” And there are also the young party people who are looking for an opportunity to have an experience, to recreate the golden years of the 60s when they fantasize the Summer of Love produced something of value besides a generational overdose and a rise in STDs. These naive sheep will be driven before the organizers into the police truncheons. It is these unengaged warm bodies being interviewed nightly. These are the ones who come across as unfocused, confused, and almost comical. They do not represent the well-oiled machinery behind the curtain.
The list of millionaire entertainers who stop by to step out of their air-conditioned limousine to shout, “Power to the people” as they shake their bejeweled fist grows every day. The union bosses express solidarity and send in their shock troops. Leading Democrats praise the movement. The Chairman of the Democratic National Committee, Debbie Wasserman Schultz, has said the Occupy Everywhere Movement is more in the mainstream than the current crop of Republican candidates for president. This movement is not spontaneous, and it is not going to end well. In some places the leaders of this leaderless movement are calling for violence and socialism. In other places they are leaving the public square to march on private residences to intimidate and threaten. Is this organized anarchism or militant apathy?
Some of the issues their signs rail against: bank bailouts, corporate welfare, and other aspects of crony capitalism are issues they do share with the Tea Party. However, the Tea Party Movement has directed their anger at government which is the culprit as far as wasting our national treasure to support their donors. The Occupy Movement is focused on attacking the donors who have received the payouts. The people who invested with Bernie Madoff thought they had found the goose that laid golden eggs, and yes they did receive unrealistic and what are now called unearned payouts, but at the end of the day it wasn’t the investors who were arrested it was Madoff. The Tea Party offers concrete proposals: end the over spending, cut taxes and regulations, and free the economy to free the people. The Occupy Movement offers no solution besides more of the same government intervention that caused the problems to begin with.
As stated at the beginning, we have all had a hand in leading our great nation to the edge of the abyss. And it seems as if our inability to agree upon who the culprits are or what the answers are may push us over the edge. A great contraction in our economy and in our life styles is coming. We must choose. Are we willing to make the changes that will right the ship of state and begin to bail out the rushing tide of debt that threatens to capsize us? Or, will we continue to argue ourselves into paralysis until our creditors demand the austerity we dread?
The one thing worse than being poor is being poor again. Most of us individually and all of us as a nation have been living far beyond our means charging extravagance to a credit card that has reached its limit. We can either send back the steak and have a hamburger on our own now or eventually sit powerless as our card is cut up by the foreign maƮtre. We can either change our menu from caviar to corn flakes now or end up eating rubber biscuits as we wash dishes in the back room.
One thing is for sure the contraction is coming, how do you want to deal with it?
Dr. Owens teaches History, Political Science, and Religion for Southside Virginia Community College. He is the author of the History of the Future @ http://drrobertowens.com © 2011 Robert R. Owens drrobertowens@hotmail.com Follow Dr. Robert Owens on Facebook or Twitter @ Drrobertowens
It isn’t that our nation is broke since our assets still outweigh our debt, but who wants to sell Yellowstone to satisfy the Chinese? It isn’t just our government who has buried us buying $640 toilet seats, $436 hammers, or a $797,400 outhouse. All of us have had an apple out of that sack. We have pushed our personal credit to the max, our plastic to the limit, and our “Gotta have it now” culture to the breaking point. It isn’t just the 51% who pay no federal taxes but seem to have an insatiable appetite for federal services that are to blame. Those of us who make enough to merit a tax target on our backs have also drunk deep from the government trough. Social Security, Medicare, disaster relief, and student loans have added billions if not trillions to the national debt transferring money to the middle class.
All of us have contributed to this problem. If not by accepting the money or services ourselves than by voting for people who’ve made careers doling out the plunder, robbing Peter to pay Paul, buying votes, and corrupting the system. The entire edifice of Western Civilization teeters on the brink of financial collapse due to the last three generations squandering the as yet unearned income of the next three. We invested the great grand kid’s future in Ponzi schemes so that we could play today and they could pay tomorrow. This is the national version of “I will gladly pay you Tuesday for a hamburger today.”
Our lack of interest allowed politicians to run amuck. Our personal greed and lack of restraint have all of us living in houses made of plastic cards. We look at Greece and ask for whom the bell tolls ignoring the answer that it tolls for thee.
The enemies of capitalism learned the wisdom of Alinsky that “Change comes from power and power comes from organization.” They followed gurus such as Richard Andrew Cloward and Frances Fox Piven two Columbia professors who advocated overwhelming the government bureaucracy with entitlement demands. They followed leaders such as Barney Frank and Christopher Dodd who have pushed legislation that created the bubbles and then strangled the recovery. Now these well organized and well financed Progressives have come to the end game. In the great tradition of all socialist power grabs now that the crisis has arrived they have taken to the streets.
The Corporations Once Known as the Mainstream Media are falling all over themselves trying to equate the current Occupy Everywhere movement with the Tea party. I’ve known the Tea Party. The Tea Party is a friend of mine, and this is no Tea Party. I have attended many Tea Party Events and they were all peaceful. They all respected the police, and stayed within the limits of lawful protest. When the events were over they left the areas cleaner than when they arrived. The only people arrested at Tea Party events have been Progressive street thugs who have attempted to disrupt a peaceful protest. The liberal version is trashing every place they lay their head and threatening violence. In all the Tea Party events over the last few years not one persona has been arrested. In the Occupy Movement in just a few weeks hundreds have had to be hauled away.
I personally know a professional agitator who glories in the title of the Rude Guy. He has made a lifestyle out of pushing for the socialist agenda he imbibed as a youth in public school. He has spent decades moving from protest to protest advocating an end to capitalism while supporting himself through the sale of his books and paintings. This Rude Guy has moved from the implosion of Europe to what some enemies of our nation are calling the American Spring seeking free room and board in New York to continue his work. Given the fact that Van Jones has spent years, George Soros has spent millions through his front groups, and that professional organizers are flocking in from around the world it is hard to buy the Corporate Media line that this Occupy Everywhere movement is spontaneous.
However, there are the Howard Beale types who want to scream “I’m mad as hell and I’m not going to take it anymore!” And there are also the young party people who are looking for an opportunity to have an experience, to recreate the golden years of the 60s when they fantasize the Summer of Love produced something of value besides a generational overdose and a rise in STDs. These naive sheep will be driven before the organizers into the police truncheons. It is these unengaged warm bodies being interviewed nightly. These are the ones who come across as unfocused, confused, and almost comical. They do not represent the well-oiled machinery behind the curtain.
The list of millionaire entertainers who stop by to step out of their air-conditioned limousine to shout, “Power to the people” as they shake their bejeweled fist grows every day. The union bosses express solidarity and send in their shock troops. Leading Democrats praise the movement. The Chairman of the Democratic National Committee, Debbie Wasserman Schultz, has said the Occupy Everywhere Movement is more in the mainstream than the current crop of Republican candidates for president. This movement is not spontaneous, and it is not going to end well. In some places the leaders of this leaderless movement are calling for violence and socialism. In other places they are leaving the public square to march on private residences to intimidate and threaten. Is this organized anarchism or militant apathy?
Some of the issues their signs rail against: bank bailouts, corporate welfare, and other aspects of crony capitalism are issues they do share with the Tea Party. However, the Tea Party Movement has directed their anger at government which is the culprit as far as wasting our national treasure to support their donors. The Occupy Movement is focused on attacking the donors who have received the payouts. The people who invested with Bernie Madoff thought they had found the goose that laid golden eggs, and yes they did receive unrealistic and what are now called unearned payouts, but at the end of the day it wasn’t the investors who were arrested it was Madoff. The Tea Party offers concrete proposals: end the over spending, cut taxes and regulations, and free the economy to free the people. The Occupy Movement offers no solution besides more of the same government intervention that caused the problems to begin with.
As stated at the beginning, we have all had a hand in leading our great nation to the edge of the abyss. And it seems as if our inability to agree upon who the culprits are or what the answers are may push us over the edge. A great contraction in our economy and in our life styles is coming. We must choose. Are we willing to make the changes that will right the ship of state and begin to bail out the rushing tide of debt that threatens to capsize us? Or, will we continue to argue ourselves into paralysis until our creditors demand the austerity we dread?
The one thing worse than being poor is being poor again. Most of us individually and all of us as a nation have been living far beyond our means charging extravagance to a credit card that has reached its limit. We can either send back the steak and have a hamburger on our own now or eventually sit powerless as our card is cut up by the foreign maƮtre. We can either change our menu from caviar to corn flakes now or end up eating rubber biscuits as we wash dishes in the back room.
One thing is for sure the contraction is coming, how do you want to deal with it?
Dr. Owens teaches History, Political Science, and Religion for Southside Virginia Community College. He is the author of the History of the Future @ http://drrobertowens.com © 2011 Robert R. Owens drrobertowens@hotmail.com Follow Dr. Robert Owens on Facebook or Twitter @ Drrobertowens
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Friday, September 23, 2011
Where Did This Debt Come From Anyhow?
Have you ever wondered where the National Debt came from? Do you wonder who started it? Do you ask yourself is the National Debt constitutional? I believe that a lack of Historical knowledge and context is a major contributing factor in our current state of political deterioration. Unless we know where we came from we cannot truly appreciate where we are and we have no point of reference to guide us to where we want to go.
The National Debt didn’t start under Barak Obama or George Bush. It didn’t start under FDR or Wilson or Lincoln. So where did it come from and when did it start?
The National Debt and the economic outlook inherent in its creation have not only been with us since the beginning it was one of the most powerful arguments for the ratification of the Constitution. I may have just lost many of the recently awakened. I most assuredly lost those who worship the Constitution as American Scripture and the Framers as demigods who brought the tablets down from on high.
Don’t misunderstand the intent of the following article. It is not to malign the Constitution. I believe it is the greatest political document to come from the hand of man. I have spent a life time testifying to its importance and working to educate people as to its continued relevance. However I also believe we need to know the History of its development, ratification and the continuing saga of its effectiveness. If we don’t learn from History we will be forced to learn from our own mistakes. It’s always less painful to learn from the mistakes of others.
At the turn of the twentieth century Historian Charles Beard published An Economic Interpretation of the Constitution of the United States and set off a debate that still rages around the idea that the Constitution was a the product of a conflict between competing economic interests. The argument goes like this: the Founders, who supported a strong, centralized government and favored the Constitution during its drafting and ratification, were men whose primary economic interests were marked by extensive personal property. They consisted primarily of people involved in commerce such as merchants, shippers, bankers, speculators, private and public securities holders, southern planters and all they could influence. Those who opposed the ratification of the Constitution were supporters of a decentralized government such as already existed under the Articles of Confederation. These were people whose economic interests were connected to real estate. They consisted primarily of isolated, subsistence non-commercial farmers and laborers, people who were often also debtors, and the people they could influence. This article fits into that debate.
Building within the above outlined framework, although James Madison is generally called the Father of the Constitution when it comes to economic concerns I believe the title should belong to Alexander Hamilton.
When the Annapolis Convention which was called in September, 1786 to deal with economic concerns failed to attract enough state delegations for a quorum Hamilton requested permission from the Congress of the Confederation to call another convention in Philadelphia for the purpose of proposing amendments to the Articles of Confederation. Once they closed the doors though they had no authority. The delegates from the twelve states attending wrote a new constitution. Then ignoring the provision of the Articles which required unanimous consent to alter the nature of the American government the Framers sent the Constitution out to be ratified by special ratification conventions by-passing the State legislatures.
Alexander Hamilton was born in the West Indies. By the time he was fifteen his father was bankrupt. At sixteen he moved to New York and went to work in an accountant’s office. He was a self-made man who put himself through Columbia University and personally raised artillery regiments for the Revolution. He spent most of the war as Washington’s top aide. Hamilton had a desire to create a central government both politically and financially strong.
Once the Constitution was ratified and Washington elected as the first president he chose Hamilton as his Secretary of the Treasury. Hamilton hit the ground running. He soon submitted three ground-breaking reports to Congress, one of which impacts the present discussion.
His Report on Public Credit caused controversy because of its social and financial implications. During the Revolution the Confederation and the individual States had run up large debts to both foreign and domestic individuals. Hamilton proposed that the Federal Government assume all the war debt of the states which helped the measure gain approval in Congress. These debts had devalued in worth due to the inflation. As the debts lost their value they were bought up by speculators at a fraction of their face value. Hamilton proposed to redeem them at their original value giving tremendous profits to the speculators, many of whom were prominent in Congress and State governments. The new national government was short on cash, so Hamilton proposed to pay the war debt by issuing interest-bearing bonds, and thus the national debt was born at the dawn of the Republic. It has existed ever since. It has never been paid down to zero and it never will be.
Is the national debt constitutional? Yes, in two ways. Article VI among other things states, “All Debts contracted and Engagements entered into, before the Adoption of this Constitution, shall be as valid against the United States under this Constitution, as under the Confederation.” And because the 14th Amendment states, “The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned.” So the Constitution both in its original form and as amended both validates the debt and takes the question of its legality off the table.
Over the hundreds of years since its inception our nation has continuously had a National Debt. Every President has faced it when they took office and every president has left it for their successor. Some have reduced it, most have increased it. At times it has contributed to our strength and stability. At first by helping to establish the credit of the United States and then by proving the trustworthiness of our government, no one ever doubted redemption. Today the National Debt soars beyond the perceived ability to redeem. It races ahead at an average rate of $3.93 billion per day which is $163,750,000 dollars per hour, $2,729,166,666 per minute and, $45,486 per second. We all know from our personal finances debt in and of itself isn’t a bad thing. We also know unsustainable debt is. No one can afford to spend more than they make forever. Unless of course they have their own printing press then they can do it until no one will accept the paper any more. Then they will do something else.
Stand by for something else.
Dr. Owens teaches History, Political Science, and Religion for Southside Virginia Community College. He is the author of the History of the Future @ http://drrobertowens.com View the trailer for Dr. Owens’ latest book @ http://www.youtube.com/watch?v=_ypkoS0gGn8 © 2011 Robert R. Owens drrobertowens@hotmail.com Follow Dr. Robert Owens on Facebook or Twitter @ Drrobertowens.
The National Debt didn’t start under Barak Obama or George Bush. It didn’t start under FDR or Wilson or Lincoln. So where did it come from and when did it start?
The National Debt and the economic outlook inherent in its creation have not only been with us since the beginning it was one of the most powerful arguments for the ratification of the Constitution. I may have just lost many of the recently awakened. I most assuredly lost those who worship the Constitution as American Scripture and the Framers as demigods who brought the tablets down from on high.
Don’t misunderstand the intent of the following article. It is not to malign the Constitution. I believe it is the greatest political document to come from the hand of man. I have spent a life time testifying to its importance and working to educate people as to its continued relevance. However I also believe we need to know the History of its development, ratification and the continuing saga of its effectiveness. If we don’t learn from History we will be forced to learn from our own mistakes. It’s always less painful to learn from the mistakes of others.
At the turn of the twentieth century Historian Charles Beard published An Economic Interpretation of the Constitution of the United States and set off a debate that still rages around the idea that the Constitution was a the product of a conflict between competing economic interests. The argument goes like this: the Founders, who supported a strong, centralized government and favored the Constitution during its drafting and ratification, were men whose primary economic interests were marked by extensive personal property. They consisted primarily of people involved in commerce such as merchants, shippers, bankers, speculators, private and public securities holders, southern planters and all they could influence. Those who opposed the ratification of the Constitution were supporters of a decentralized government such as already existed under the Articles of Confederation. These were people whose economic interests were connected to real estate. They consisted primarily of isolated, subsistence non-commercial farmers and laborers, people who were often also debtors, and the people they could influence. This article fits into that debate.
Building within the above outlined framework, although James Madison is generally called the Father of the Constitution when it comes to economic concerns I believe the title should belong to Alexander Hamilton.
When the Annapolis Convention which was called in September, 1786 to deal with economic concerns failed to attract enough state delegations for a quorum Hamilton requested permission from the Congress of the Confederation to call another convention in Philadelphia for the purpose of proposing amendments to the Articles of Confederation. Once they closed the doors though they had no authority. The delegates from the twelve states attending wrote a new constitution. Then ignoring the provision of the Articles which required unanimous consent to alter the nature of the American government the Framers sent the Constitution out to be ratified by special ratification conventions by-passing the State legislatures.
Alexander Hamilton was born in the West Indies. By the time he was fifteen his father was bankrupt. At sixteen he moved to New York and went to work in an accountant’s office. He was a self-made man who put himself through Columbia University and personally raised artillery regiments for the Revolution. He spent most of the war as Washington’s top aide. Hamilton had a desire to create a central government both politically and financially strong.
Once the Constitution was ratified and Washington elected as the first president he chose Hamilton as his Secretary of the Treasury. Hamilton hit the ground running. He soon submitted three ground-breaking reports to Congress, one of which impacts the present discussion.
His Report on Public Credit caused controversy because of its social and financial implications. During the Revolution the Confederation and the individual States had run up large debts to both foreign and domestic individuals. Hamilton proposed that the Federal Government assume all the war debt of the states which helped the measure gain approval in Congress. These debts had devalued in worth due to the inflation. As the debts lost their value they were bought up by speculators at a fraction of their face value. Hamilton proposed to redeem them at their original value giving tremendous profits to the speculators, many of whom were prominent in Congress and State governments. The new national government was short on cash, so Hamilton proposed to pay the war debt by issuing interest-bearing bonds, and thus the national debt was born at the dawn of the Republic. It has existed ever since. It has never been paid down to zero and it never will be.
Is the national debt constitutional? Yes, in two ways. Article VI among other things states, “All Debts contracted and Engagements entered into, before the Adoption of this Constitution, shall be as valid against the United States under this Constitution, as under the Confederation.” And because the 14th Amendment states, “The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned.” So the Constitution both in its original form and as amended both validates the debt and takes the question of its legality off the table.
Over the hundreds of years since its inception our nation has continuously had a National Debt. Every President has faced it when they took office and every president has left it for their successor. Some have reduced it, most have increased it. At times it has contributed to our strength and stability. At first by helping to establish the credit of the United States and then by proving the trustworthiness of our government, no one ever doubted redemption. Today the National Debt soars beyond the perceived ability to redeem. It races ahead at an average rate of $3.93 billion per day which is $163,750,000 dollars per hour, $2,729,166,666 per minute and, $45,486 per second. We all know from our personal finances debt in and of itself isn’t a bad thing. We also know unsustainable debt is. No one can afford to spend more than they make forever. Unless of course they have their own printing press then they can do it until no one will accept the paper any more. Then they will do something else.
Stand by for something else.
Dr. Owens teaches History, Political Science, and Religion for Southside Virginia Community College. He is the author of the History of the Future @ http://drrobertowens.com View the trailer for Dr. Owens’ latest book @ http://www.youtube.com/watch?v=_ypkoS0gGn8 © 2011 Robert R. Owens drrobertowens@hotmail.com Follow Dr. Robert Owens on Facebook or Twitter @ Drrobertowens.
Friday, August 5, 2011
A Declaration of Independence
It has happened just as foretold. The Progressive Republicans have joined with their Democrat fellow-travelers and once again sold our inheritance for a bowl of promises. We voted for an end to the out of control spending and what did we get? 3.5 trillion steps closer to the abyss. It’s time to admit that when you fall off a cliff it doesn’t matter much if you were pushed or if you walked. The fall might not be so bad but that sudden stop at the end isn’t so good.
Maybe it’s just me but I’m tired of the same old same old in our politics. The big-box monopoly parties have morphed into two sides of the same coin. Today we choose between the Conservative Progressives’ policies of tax and spend, infringe personal liberty, and outsource our sovereignty or the Liberal Progressives’ policies of tax and spend, infringe personal liberty, and outsource our sovereignty. We’ve been caught on the horns of a dilemma trying to choose between Tweedledee and Tweedledum, and since we don’t want to throw our vote away we must vote for one of the big boys after which the campaign promises dissolve and we’re hung out to dry.
As a voter I’ve had my Damascus Road Experience. The scales have fallen from my eyes. I’ve reached the point where I would rather vote for someone who might actually try finding another way to operate our government besides taxing like the Sun King and spending like a drunken sailor whose credit card limit is constantly raised and who can print his own money.
It’s time to stop talking. It’s time to take action. The Founders of our nation dedicated their lives, their fortunes, and their sacred honor to birth our state and this noble experiment. It’s time for us to do the same. This nation was conceived as a representative republic designed to operate on democratic principles. For over 100 years the Progressives have worked to transform the land of the free and the home of the brave into a People’s Democratic Republic. What’s the difference? The difference between a Democracy and a People’s Democracy is “the difference between a jacket and a straight jacket.”
How did we arrive at the current situation?
James Madison our fourth president and the chief architect of the U.S. Constitution said, “There are more instances of the abridgement of the freedom of the people by the gradual and silent encroachment of those in power, than by violent and sudden usurpation.” We didn’t get here all in one jump. First the camel said, “Can I just stick my nose in your tent to stay warm?” and finally the generous man found himself out in the cold as the camel settled down for a nice warm nap, one inch at a time.
The compassion of our people built a safety net for those who needed help and the greed of the lazy turned it into a hammock. America, the Land of the Free is being transformed into an America that is dedicated to the unsustainable achievement of, from each according to their abilities to each according to their need. When you rob Peter to pay Paul eventually Peter changes his name to Paul and the house of cards tumbles down.
The willingness to share our heritage led America to welcome more immigrants each year than the rest of the world combined, and the abuse of our generosity turned into a migration invasion that threatens to overwhelm us and destroy the future of our children. Taxes imposed to meet the ever-swelling demands of government have turned into a blatant, wealth re-distribution program that makes most pyramid schemes look fair. It’s as if our predatory government looks at a productive citizen as merely a source of residual income. Or as the ads promise, our Progressive leaders lay on the beach of self-importance and our checks just keep pouring in. We’re no longer respected as Citizens. Instead, we’re coveted as consumers or human capital.
It’s time for action.
We as citizens who love our country must to break the logjam caused by an imperial presidency, an abdicating legislature, an activist court, a suffocating bureaucracy, and the strangulation of regulation. The constant growth of government destroys freedom for “as government expands liberty contracts.”
It’s time to actively work for America’s acceptance of a different way.
And what might this Different way be?
Something radical, something that almost strains the bounds of the imagination, something that would immediately unleash the bent-up energy of a free people: a return to constitutionally limited government!
But how do we get there from here? We need to build a new party to win the reins of government from the two-headed bird of prey which has assumed perpetual power through perpetual re-election. What we need now are citizens willing to sacrifice their repose and enter the arena. We need non-professionals to clean up the mess and right the ship of state.
What we don’t need is one more election where the Conservative Progressives replace the Liberal Conservatives because as Albert Einstein said, “Insanity is doing the same thing over and over again and expecting different results.”
We need a new party. We must work to unite the Tea Party Movement with the many splinter parties which hold the same basic values. We must reclaim our liberty from the professional politicians and professional radicals who have manipulated the system to achieve unlimited power which they use to spend us into insolvency, tax us into poverty, and regulate us into serfdom.
This new party must siphon off all the conservatives who are members of the twin party out of habit or family tradition. This new party must rise fast and work hard. It must capture the center and the right declaring boldly that it will defend what America stands for but not necessarily all that stands for America. The time has come to fight for the right before we are swallowed by the wrong.
Winston Churchill said, "If you will not fight for the right when you can easily win without bloodshed, if you will not fight when your victory will be sure and not so costly, you may come to the moment when you will have to fight with all the odds against you and only a precarious chance for survival. There may be a worse case. You may have to fight when there is no hope of victory, because it is better to perish than to live as slaves."
We can’t let divisions divide us or they will bury us. United we stand, divided we fall. None of us can do this alone but together we can. Keep the faith. Keep the peace. We shall overcome.
Dr. Owens teaches History, Political Science, and Religion for Southside Virginia Community College. He is the author of the History of the Future @ http://drrobertowens.com View the trailer for Dr. Owens’ latest book @ http://www.youtube.com/watch?v=_ypkoS0gGn8
© 2011 Robert R. Owens drrobertowens@hotmail.com Follow Dr. Robert Owens on Facebook or Twitter @ Drrobertowens.
Maybe it’s just me but I’m tired of the same old same old in our politics. The big-box monopoly parties have morphed into two sides of the same coin. Today we choose between the Conservative Progressives’ policies of tax and spend, infringe personal liberty, and outsource our sovereignty or the Liberal Progressives’ policies of tax and spend, infringe personal liberty, and outsource our sovereignty. We’ve been caught on the horns of a dilemma trying to choose between Tweedledee and Tweedledum, and since we don’t want to throw our vote away we must vote for one of the big boys after which the campaign promises dissolve and we’re hung out to dry.
As a voter I’ve had my Damascus Road Experience. The scales have fallen from my eyes. I’ve reached the point where I would rather vote for someone who might actually try finding another way to operate our government besides taxing like the Sun King and spending like a drunken sailor whose credit card limit is constantly raised and who can print his own money.
It’s time to stop talking. It’s time to take action. The Founders of our nation dedicated their lives, their fortunes, and their sacred honor to birth our state and this noble experiment. It’s time for us to do the same. This nation was conceived as a representative republic designed to operate on democratic principles. For over 100 years the Progressives have worked to transform the land of the free and the home of the brave into a People’s Democratic Republic. What’s the difference? The difference between a Democracy and a People’s Democracy is “the difference between a jacket and a straight jacket.”
How did we arrive at the current situation?
James Madison our fourth president and the chief architect of the U.S. Constitution said, “There are more instances of the abridgement of the freedom of the people by the gradual and silent encroachment of those in power, than by violent and sudden usurpation.” We didn’t get here all in one jump. First the camel said, “Can I just stick my nose in your tent to stay warm?” and finally the generous man found himself out in the cold as the camel settled down for a nice warm nap, one inch at a time.
The compassion of our people built a safety net for those who needed help and the greed of the lazy turned it into a hammock. America, the Land of the Free is being transformed into an America that is dedicated to the unsustainable achievement of, from each according to their abilities to each according to their need. When you rob Peter to pay Paul eventually Peter changes his name to Paul and the house of cards tumbles down.
The willingness to share our heritage led America to welcome more immigrants each year than the rest of the world combined, and the abuse of our generosity turned into a migration invasion that threatens to overwhelm us and destroy the future of our children. Taxes imposed to meet the ever-swelling demands of government have turned into a blatant, wealth re-distribution program that makes most pyramid schemes look fair. It’s as if our predatory government looks at a productive citizen as merely a source of residual income. Or as the ads promise, our Progressive leaders lay on the beach of self-importance and our checks just keep pouring in. We’re no longer respected as Citizens. Instead, we’re coveted as consumers or human capital.
It’s time for action.
We as citizens who love our country must to break the logjam caused by an imperial presidency, an abdicating legislature, an activist court, a suffocating bureaucracy, and the strangulation of regulation. The constant growth of government destroys freedom for “as government expands liberty contracts.”
It’s time to actively work for America’s acceptance of a different way.
And what might this Different way be?
Something radical, something that almost strains the bounds of the imagination, something that would immediately unleash the bent-up energy of a free people: a return to constitutionally limited government!
But how do we get there from here? We need to build a new party to win the reins of government from the two-headed bird of prey which has assumed perpetual power through perpetual re-election. What we need now are citizens willing to sacrifice their repose and enter the arena. We need non-professionals to clean up the mess and right the ship of state.
What we don’t need is one more election where the Conservative Progressives replace the Liberal Conservatives because as Albert Einstein said, “Insanity is doing the same thing over and over again and expecting different results.”
We need a new party. We must work to unite the Tea Party Movement with the many splinter parties which hold the same basic values. We must reclaim our liberty from the professional politicians and professional radicals who have manipulated the system to achieve unlimited power which they use to spend us into insolvency, tax us into poverty, and regulate us into serfdom.
This new party must siphon off all the conservatives who are members of the twin party out of habit or family tradition. This new party must rise fast and work hard. It must capture the center and the right declaring boldly that it will defend what America stands for but not necessarily all that stands for America. The time has come to fight for the right before we are swallowed by the wrong.
Winston Churchill said, "If you will not fight for the right when you can easily win without bloodshed, if you will not fight when your victory will be sure and not so costly, you may come to the moment when you will have to fight with all the odds against you and only a precarious chance for survival. There may be a worse case. You may have to fight when there is no hope of victory, because it is better to perish than to live as slaves."
We can’t let divisions divide us or they will bury us. United we stand, divided we fall. None of us can do this alone but together we can. Keep the faith. Keep the peace. We shall overcome.
Dr. Owens teaches History, Political Science, and Religion for Southside Virginia Community College. He is the author of the History of the Future @ http://drrobertowens.com View the trailer for Dr. Owens’ latest book @ http://www.youtube.com/watch?v=_ypkoS0gGn8
© 2011 Robert R. Owens drrobertowens@hotmail.com Follow Dr. Robert Owens on Facebook or Twitter @ Drrobertowens.
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Friday, July 29, 2011
The Corrupt Bargain
In American History slogans, catch phrases, and grand titles have often come to serve as signposts marking out eras and pointing the way to popular notions of what passes for an understanding of the national mood or circumstance in a particular period of time. Examples include: “Millions for defense but not one cent for tribute!” a slogan which spurred us on to our first undeclared war against the Barbary Pirates. “Remember the Maine!” a slogan used by the newspapers at the end of the nineteenth century to gin up support for a war against Spain, and a war which launched the United States as a colonial power. “The Square Deal,” the “New Deal,” the “Fair Deal,” and the “Great Society” all designate government programs aimed at the redistribution of wealth, and of course “Camelot” immediately brings forth visions of the youthful, inspiring, inept, and immoral Kennedy years.
In an effort to advance the cause of verbal economy by recycling a catch phrase from the past, I propose that we label House Speaker John Boehner’s proposed plan for raising the debt limit as “The Corrupt Bargain.”
Looking back the original Corrupt Bargain refers to the compromise which defeated a hero, elected a president, and ultimately led to that president’s defeat.
In 1824, as today, America’s political system was under unbearable stress. There were two major political parties; the Federalists who were the political descendants of Hamilton and the centralized government party and the Democratic-Republicans who were the political heirs of Jefferson and the Anti-Federalists.
During the election of 1824 the Federalists collapsed as a party while there were five major candidates and scores of minor ones running as Democratic-Republicans. The candidate officially backed by the Democratic-Republican Party was William H. Crawford, the Secretary of the Treasury under President Monroe. He had been chosen by the Democratic-Republican Caucus in Congress and had little popular support.
The confusing outcome of this election showed the growing power of an electorate fast outgrowing the original restrictive voting practices of the Federalist era and beginning to display the impact of mass appeal campaigning. Andrew Jackson, the hero of the battle of New Orleans came out on top with Ninety-nine electoral votes and 43% of the popular vote. John Quincy Adams, the son of the second president and Monroe' secretary of state, won eighty-four electoral votes and 30% of the popular vote. Crawford won forty-one electoral votes. Henry Clay, the Speaker of the House came in fourth with thirty seven electoral votes. Since no one had enough electoral votes to win, the election was thrown into the House of Representatives. They had to choose between the top three candidates, which immediately disqualified Clay, and since Crawford had very little popular support it was immediately seen as a contest between Jackson and Adams.
In this situation Clay, as Speaker of the House, held the commanding position. He held similar views in most areas to Adams and had actually split that wing of the party siphoning off enough votes to deny Adams a win. However, Clay was an outspoken opponent of Jackson ,and after more than a month of bargaining he threw his support behind Adams securing his election as the sixth president. Adams then appointed Clay as his Secretary of State a post that had been the stepping-stone to office for the four previous presidents.
While this politically expedient arrangement worked well for the election it did not work out so well for the administration or for the future of either Adams or Clay. The supporters of Jackson branded it as the “Corrupt Bargain” and used it to immediately launch the bitter 1828 presidential campaign. The Jackson Democrats pointed to the Adams-Clay bargain as the symbol of a corrupt system wherein Washington elites disregarded the will and interests of the people to pursue their own ends.
All of which brings us to Speaker Boehner and his various plans, trial balloons, and phone interviews he is presenting to the nation as a means of raising the debt limit. And make no mistake about it that is his goal. He is a career politician and a quintessential Washington insider. He and the other leaders of the Republican Congressional Caucus are as attuned to the voice of their constituents as the Democratic-Republican Caucus was in 1824. The grassroots Tea Party which swept the 2010 elections and which made him Speaker clearly want an end to yearly deficits and to an ever-increasing debt. Yet every plan the perpetually-re-elected Republicans present including Paul Ryan’s, merely cuts the present deficit and slows the growth of the debt, but they do not end the deficit spending or reduce the debt. In other words they propose to drive us to the poor-house a little slower than their Democrat opponents.
These same neo-conservative progressives caved during the lame duck session after the paradigm shifting election of 2010 breathing life into the freshly hobbled Obama Administration by agreeing to a stealth stimulus in return for an extension of all the Bush tax cuts. They caved during the series of continuing resolution battles allowing more spending in exchange for cuts in discontinued programs and layoffs of none-existent federal workers. They have either colluded or have been out-maneuvered by an administration determined to fundamentally transform America.
Now they stand with the strongest card conservatives have held since the Clinton impeachment debacle. A card dealt by the hard work and strategies of the Tea Party. This card is the ability of the House to just say no to any more deficit spending. By refusing to pass a bill to raise the debt limit the House can stop our slide into the financial abyss. When a shopaholic has maxed out all their credit cards and reached the limit of their available lines of credit the answer is not to give them a higher limit or new cards.
Yes, the alternative will be tough but we have spent our way into this corner and we have to work and save our way out. Since neither party seems willing to drain the swamp it is time to flood the swamp with calls, letters, and visits. Demand that our representatives represent us and not themselves or their fellow insiders. Stop the deficits! Pay down the debt! And don’t make a Corrupt Bargain that will lead us and our posterity further down the road to serfdom. Don’t sacrifice the future for the expediency of the present. Don’t mortgage the innocent lives of the unborn for the fleeting luxury of a self-indulgent present or we will all endure a shabby future in a second-rate Chinese financial dependency that was once the land of the free and the home of the brave.
Dr. Owens teaches History, Political Science, and Religion for Southside Virginia Community College. He is the author of the History of the Future @ http://drrobertowens.com View the trailer for Dr. Owens’ latest book @ http://www.youtube.com/watch?v=_ypkoS0gGn8 © 2011 Robert R. Owens drrobertowens@hotmail.com Follow Dr. Robert Owens on Facebook.
In an effort to advance the cause of verbal economy by recycling a catch phrase from the past, I propose that we label House Speaker John Boehner’s proposed plan for raising the debt limit as “The Corrupt Bargain.”
Looking back the original Corrupt Bargain refers to the compromise which defeated a hero, elected a president, and ultimately led to that president’s defeat.
In 1824, as today, America’s political system was under unbearable stress. There were two major political parties; the Federalists who were the political descendants of Hamilton and the centralized government party and the Democratic-Republicans who were the political heirs of Jefferson and the Anti-Federalists.
During the election of 1824 the Federalists collapsed as a party while there were five major candidates and scores of minor ones running as Democratic-Republicans. The candidate officially backed by the Democratic-Republican Party was William H. Crawford, the Secretary of the Treasury under President Monroe. He had been chosen by the Democratic-Republican Caucus in Congress and had little popular support.
The confusing outcome of this election showed the growing power of an electorate fast outgrowing the original restrictive voting practices of the Federalist era and beginning to display the impact of mass appeal campaigning. Andrew Jackson, the hero of the battle of New Orleans came out on top with Ninety-nine electoral votes and 43% of the popular vote. John Quincy Adams, the son of the second president and Monroe' secretary of state, won eighty-four electoral votes and 30% of the popular vote. Crawford won forty-one electoral votes. Henry Clay, the Speaker of the House came in fourth with thirty seven electoral votes. Since no one had enough electoral votes to win, the election was thrown into the House of Representatives. They had to choose between the top three candidates, which immediately disqualified Clay, and since Crawford had very little popular support it was immediately seen as a contest between Jackson and Adams.
In this situation Clay, as Speaker of the House, held the commanding position. He held similar views in most areas to Adams and had actually split that wing of the party siphoning off enough votes to deny Adams a win. However, Clay was an outspoken opponent of Jackson ,and after more than a month of bargaining he threw his support behind Adams securing his election as the sixth president. Adams then appointed Clay as his Secretary of State a post that had been the stepping-stone to office for the four previous presidents.
While this politically expedient arrangement worked well for the election it did not work out so well for the administration or for the future of either Adams or Clay. The supporters of Jackson branded it as the “Corrupt Bargain” and used it to immediately launch the bitter 1828 presidential campaign. The Jackson Democrats pointed to the Adams-Clay bargain as the symbol of a corrupt system wherein Washington elites disregarded the will and interests of the people to pursue their own ends.
All of which brings us to Speaker Boehner and his various plans, trial balloons, and phone interviews he is presenting to the nation as a means of raising the debt limit. And make no mistake about it that is his goal. He is a career politician and a quintessential Washington insider. He and the other leaders of the Republican Congressional Caucus are as attuned to the voice of their constituents as the Democratic-Republican Caucus was in 1824. The grassroots Tea Party which swept the 2010 elections and which made him Speaker clearly want an end to yearly deficits and to an ever-increasing debt. Yet every plan the perpetually-re-elected Republicans present including Paul Ryan’s, merely cuts the present deficit and slows the growth of the debt, but they do not end the deficit spending or reduce the debt. In other words they propose to drive us to the poor-house a little slower than their Democrat opponents.
These same neo-conservative progressives caved during the lame duck session after the paradigm shifting election of 2010 breathing life into the freshly hobbled Obama Administration by agreeing to a stealth stimulus in return for an extension of all the Bush tax cuts. They caved during the series of continuing resolution battles allowing more spending in exchange for cuts in discontinued programs and layoffs of none-existent federal workers. They have either colluded or have been out-maneuvered by an administration determined to fundamentally transform America.
Now they stand with the strongest card conservatives have held since the Clinton impeachment debacle. A card dealt by the hard work and strategies of the Tea Party. This card is the ability of the House to just say no to any more deficit spending. By refusing to pass a bill to raise the debt limit the House can stop our slide into the financial abyss. When a shopaholic has maxed out all their credit cards and reached the limit of their available lines of credit the answer is not to give them a higher limit or new cards.
Yes, the alternative will be tough but we have spent our way into this corner and we have to work and save our way out. Since neither party seems willing to drain the swamp it is time to flood the swamp with calls, letters, and visits. Demand that our representatives represent us and not themselves or their fellow insiders. Stop the deficits! Pay down the debt! And don’t make a Corrupt Bargain that will lead us and our posterity further down the road to serfdom. Don’t sacrifice the future for the expediency of the present. Don’t mortgage the innocent lives of the unborn for the fleeting luxury of a self-indulgent present or we will all endure a shabby future in a second-rate Chinese financial dependency that was once the land of the free and the home of the brave.
Dr. Owens teaches History, Political Science, and Religion for Southside Virginia Community College. He is the author of the History of the Future @ http://drrobertowens.com View the trailer for Dr. Owens’ latest book @ http://www.youtube.com/watch?v=_ypkoS0gGn8 © 2011 Robert R. Owens drrobertowens@hotmail.com Follow Dr. Robert Owens on Facebook.
Friday, April 22, 2011
Truth Justice and the American Way
Who in their wildest dreams ever thought we would see a headline that says, “China Urges U.S. to Protect Creditors”? For those of us who grew up in an America that was the undisputed leader of the free world locked in the Herculean task of containing the godless hordes of the Communist East, an America that was the largest manufacturer, largest creditor, and the economic engine that drove the world’s economy until recently it was unimaginable. We watched as America fought wars around the edges of the creeping red menace. We worked to elect the leaders and pay the taxes that built a 600 ship navy, the best equipped armies in history, and the Space Based Initiative all of which eventually convinced even the Soviets that their centrally-planned monstrosity couldn’t compete as it collapsed of its own weight.
Yes, except for the pages of MAD magazine, Cracked, or Rolling Stone until recently such a headline would have been unimaginable. Today, after 23 years of Progressive leadership it has become the truth. Communist China is warning us to make provisions to pay our creditors in the face of a declining credit rating and an ever growing debt. Have they ever heard of the GM bond holders?
If you’ve ever been to a TEA Party rally or if you grew up in America before it became politically incorrect to love our country you will remember these words, "I pledge allegiance to the Flag of the United States of America and to the Republic for which it stands, one nation, indivisible, with liberty and justice for all." This is our hallowed Pledge of Allegiance. It ends by announcing to the world our dedication to Justice.
In a world still run by kings, empires, and tyrannical despots as America rose to become a capitalist colossus of opportunity, we proclaimed that instead of the whims of the privileged riding rough shod over the rights of man we as a nation believed in an objective justice that wasn’t swayed by birth or purchased by fraud. For more than two hundred years this honorable standard was our goal. It wasn’t always perfectly applied, and it was sometimes cruelly circumvented by prejudice and avarice, but at least it was our goal. The statue of Lady Justice wears a blindfold so that she is not influenced by what can be seen and she holds the scales which weigh the truth.
Martin Luther King called us to be more than we had been and all that we can be when he said, our children “will not be judged by the color of their skin but by the content of their character.” That this call was not for something new but instead a fulfillment of our original design is shown in Dr. King’s plea that America , “live out the true meaning of its creed: ‘We hold these truths to be self-evident: that all men are created equal.’” This was ever the goal: blind justice. This was ever the light which shone from the beacon in the hand of Lady Liberty: freedom to rise above our birth, liberty to rise to the level of our efforts, and justice for all.
Today the Progressives have shackled us to a creed of political correctness which for the first time in our history makes Americans fearful of the penalties for what they say, write, and think. The Progressive ideology of from each according to their abilities to each according to their need, their dedication to the end of American Exceptionalism through globalization, and their worship of the myth of man-made global warming has created a toxic atmosphere where justice has no blindfold and her scales are tipped by the corruption of political power, crony capitalism, and interest groups on steroids.
In the face of these assaults on who we are and what we can do the American people refuse to give up! In the face of the best government money can buy taxing us to penury and spending us to poverty the American people continue to produce, to work, and to hope. In a world where our Progressive leaders have raised stealing from Peter to pay Paul into a national policy the American people have refused to go quietly into that dark night. On the day taxes were due thousands upon thousands of dedicated Americans gathered in city parks, town squares, and fields to proclaim America is still the home of the brave and the land of the free.
This is the American way. We have faced adversity many times. We have stood up to be counted when kings and emperors sought to squash the freedom of man under the weight of their divine right pride. We have shouldered the burden when dictators sought to clamp their totalitarian yoke upon the neck of the world and we will stand before these self-inflated ideologues who seek to smother freedom under a centrally-planned economy and a regimented society. Other countries have shown that when you rob Peter to pay Paul eventually Peter changes his name to Paul and that in the face of a stacked deck they will pretend to work as the government pretends to pay. In America today millions are rising up and saying, we will not have a nation drowning in debt and limited in power! We will not leave a broken dream to our children! We will work tirelessly to preserve truth, justice, and the American way. Keep the faith. Keep the peace. We shall overcome.
Dr. Owens teaches History, Political Science, and Religion for Southside Virginia Community College. He is the author of the History of the Future @ http://drrobertowens.com View the trailer for Dr. Owens’ latest book @ http://www.youtube.com/watch?v=_ypkoS0gGn8 © 2011 Robert R. Owens dr.owens@comcast.net Follow Dr. Robert Owens on Facebook.
Friday, April 15, 2011
Uncle Sam Plays You Pay
America is careening towards a financial Armageddon. The president proposed a budget for 2012 that projected a deficit of 1.6 Trillion dollars. That is trillion with a “T.” Gone are the innocent days when one of the perpetually re-elected could quip, “A billion here and a billion there and soon we’re talking about real money.” Now billions disappear into the federal sinkhole at the rate of 4.08 billion per day. What does a trillion look like? If you went into business the day Jesus was born, and you lost a million dollars a day, 365 days a year, it would take you until October 2737 to lose a trillion dollars.
According to the Congressional Budget Office (CBO) the budget deficit just for February 2011 hit $223 billion, which means more debt was added in just that one month than was added in all of 2007. The personal share of the federal debt borne by every tax-paying citizen is now increasing at the rate of $50 per day seven days a week, 364 days a year. That is an increase of $1,500 per month and $18,250 per year per tax payer.
That sounds serious. However, it doesn’t appear as if our elected officials take it seriously at all. The Republicans propelled into the majority by the grassroots activism, high energy and victories of the Tea Party Movement promised to cut 100 billion from the 2011 budget. President Obama submitted that budget which spends 3.7 trillion with a deficit of 1.6 trillion dollars in 2010. It was never passed even though the Democrats controlled both houses of Congress and the White House. This left the door open for the Republicans to use the continuing resolutions necessary to keep the government operating as vehicles to wring spending cuts from the Democrats. After theatrical bi-weekly dramas these cuts were in the range of ten to twelve billion dollars.
Then finally, with the Democrats imposing an artificial deadline for the passage of a budget that was almost half expended and which they had failed to pass when they had undisputed control, the two parties of power struck what they hailed as a “Historic” compromise. They first told us they slashed thirty eight billion from the budget. The actual number, according to the Congressional Budget Office has since dwindled down and down until today it is estimated to be less than a billion. The Federal Government will still increase the national debt by several trillion dollars this year and our leaders expect us to celebrate their conversion to fiscal sanity. Isn’t the definition of insanity to continue doing the same thing and expect different results? Just because they’re crazy doesn’t mean we have to cheerfully put on an economic straight-jacket and walk voluntarily into a padded cell at the poor house.
Representative Paul Ryan (R. WI) introduced a budget which he says takes on the sacred cows and gores the sacred bulls by cutting six trillion from the projected budgets of the next ten years. The Democrats immediately assaulted this plan as cruel, heartless, and inadequate. The President announces his latest plan which he assures us he meant to introduce all along once someone else had opened the debate. In His plan Mr. Obama plans to cut the projected deficit by stopping waste and abuse in government programs and by taxing the rich.
There are two problems with this approach: if we had all the money politicians have promised to save by stopping waste and abuse we would have a surplus, and the rich don’t have enough money. It has been estimated that if you confiscated every dime every person who makes over one million dollars per year makes it would only generate enough money to run our debt addicted government for less than one year. What would we do for the next year? And the fact of the matter is that the tax increases the President wants are not confined to the rich. They would target everyone with a combined gross income above 250,000. That group includes most small business people. This approach will take money out of the pockets of the greatest creators of jobs: small business people. And it still won’t generate enough money to stop the red ink.
Now the battle looms to raise the debt limit. This is an inside-the-belt-way shell game wherein the parties of power each beat their chests and growl at each other about who is the most responsible before they both vote to increase the limit on their collective credit card. Wouldn’t it be great if we could all just raise the limit on our credit cards indefinitely? And now with the Federal Reserve buying our own debt to finance the repayment maybe we could increase the limits on all our cards so that we can pay our Visa with our MasterCard and our MasterCard with our Discover and our Discover with our Visa. How could that ever go wrong?
The storyline we are supposed to believe now is that in exchange for raising the debt limit there must be meaningful movement towards a balanced budget amendment. That sounds so encouraging. If we just had a balanced budget amendment the problem will be solved. As always there are several spare balanced budget amendments lying around in Congress waiting for enough votes or at least an opportunity to get to the floor for a debate before they are stuffed back in a committee until the next time the shopaholics on the Potomac need to convince the great unwashed in fly-over country that this time they are serious about curbing their over-spending.
But even if they were passed what good would they do? The President and the Democrats have already shown that they think the way to solve the deficit problem is to raise taxes. The Republicans have a plan that appears very dramatic but at the end of a decade still has not ended the deficit spending, which means the debt is still growing.
The International Monetary Fund has looked at these plans and says it appears America is not serious about dealing with its addiction to debt. If we don’t do something soon our creditors are going to stage an intervention, and they will dictate how we must restructure our lives and our nation if we want any more credit. And we are addicted to credit.
A balanced budget amendment merely requires a balanced budget, and budgets can be balanced by increasing taxes instead of decreasing spending. What we need instead is a spending amendment which would limit federal expenditures to a reasonable percentage of the nation’s income. If we can’t stop the spending we will eventually destroy our credit, collapse our economy, and curtail our liberty. In other words, no matter what we the people want Uncle Sam will continue to spend, spend, spend as long as we pay, pay, pay.
Dr. Owens teaches History, Political Science, and Religion for Southside Virginia Community College. He is the author of the History of the Future @ http://drrobertowens.com View the trailer for Dr. Owens’ latest book @ http://www.youtube.com/watch?v=_ypkoS0gGn8 © 2011 Robert R. Owens dr.owens@comcast.net Follow Dr. Robert Owens on Facebook.
According to the Congressional Budget Office (CBO) the budget deficit just for February 2011 hit $223 billion, which means more debt was added in just that one month than was added in all of 2007. The personal share of the federal debt borne by every tax-paying citizen is now increasing at the rate of $50 per day seven days a week, 364 days a year. That is an increase of $1,500 per month and $18,250 per year per tax payer.
That sounds serious. However, it doesn’t appear as if our elected officials take it seriously at all. The Republicans propelled into the majority by the grassroots activism, high energy and victories of the Tea Party Movement promised to cut 100 billion from the 2011 budget. President Obama submitted that budget which spends 3.7 trillion with a deficit of 1.6 trillion dollars in 2010. It was never passed even though the Democrats controlled both houses of Congress and the White House. This left the door open for the Republicans to use the continuing resolutions necessary to keep the government operating as vehicles to wring spending cuts from the Democrats. After theatrical bi-weekly dramas these cuts were in the range of ten to twelve billion dollars.
Then finally, with the Democrats imposing an artificial deadline for the passage of a budget that was almost half expended and which they had failed to pass when they had undisputed control, the two parties of power struck what they hailed as a “Historic” compromise. They first told us they slashed thirty eight billion from the budget. The actual number, according to the Congressional Budget Office has since dwindled down and down until today it is estimated to be less than a billion. The Federal Government will still increase the national debt by several trillion dollars this year and our leaders expect us to celebrate their conversion to fiscal sanity. Isn’t the definition of insanity to continue doing the same thing and expect different results? Just because they’re crazy doesn’t mean we have to cheerfully put on an economic straight-jacket and walk voluntarily into a padded cell at the poor house.
Representative Paul Ryan (R. WI) introduced a budget which he says takes on the sacred cows and gores the sacred bulls by cutting six trillion from the projected budgets of the next ten years. The Democrats immediately assaulted this plan as cruel, heartless, and inadequate. The President announces his latest plan which he assures us he meant to introduce all along once someone else had opened the debate. In His plan Mr. Obama plans to cut the projected deficit by stopping waste and abuse in government programs and by taxing the rich.
There are two problems with this approach: if we had all the money politicians have promised to save by stopping waste and abuse we would have a surplus, and the rich don’t have enough money. It has been estimated that if you confiscated every dime every person who makes over one million dollars per year makes it would only generate enough money to run our debt addicted government for less than one year. What would we do for the next year? And the fact of the matter is that the tax increases the President wants are not confined to the rich. They would target everyone with a combined gross income above 250,000. That group includes most small business people. This approach will take money out of the pockets of the greatest creators of jobs: small business people. And it still won’t generate enough money to stop the red ink.
Now the battle looms to raise the debt limit. This is an inside-the-belt-way shell game wherein the parties of power each beat their chests and growl at each other about who is the most responsible before they both vote to increase the limit on their collective credit card. Wouldn’t it be great if we could all just raise the limit on our credit cards indefinitely? And now with the Federal Reserve buying our own debt to finance the repayment maybe we could increase the limits on all our cards so that we can pay our Visa with our MasterCard and our MasterCard with our Discover and our Discover with our Visa. How could that ever go wrong?
The storyline we are supposed to believe now is that in exchange for raising the debt limit there must be meaningful movement towards a balanced budget amendment. That sounds so encouraging. If we just had a balanced budget amendment the problem will be solved. As always there are several spare balanced budget amendments lying around in Congress waiting for enough votes or at least an opportunity to get to the floor for a debate before they are stuffed back in a committee until the next time the shopaholics on the Potomac need to convince the great unwashed in fly-over country that this time they are serious about curbing their over-spending.
But even if they were passed what good would they do? The President and the Democrats have already shown that they think the way to solve the deficit problem is to raise taxes. The Republicans have a plan that appears very dramatic but at the end of a decade still has not ended the deficit spending, which means the debt is still growing.
The International Monetary Fund has looked at these plans and says it appears America is not serious about dealing with its addiction to debt. If we don’t do something soon our creditors are going to stage an intervention, and they will dictate how we must restructure our lives and our nation if we want any more credit. And we are addicted to credit.
A balanced budget amendment merely requires a balanced budget, and budgets can be balanced by increasing taxes instead of decreasing spending. What we need instead is a spending amendment which would limit federal expenditures to a reasonable percentage of the nation’s income. If we can’t stop the spending we will eventually destroy our credit, collapse our economy, and curtail our liberty. In other words, no matter what we the people want Uncle Sam will continue to spend, spend, spend as long as we pay, pay, pay.
Dr. Owens teaches History, Political Science, and Religion for Southside Virginia Community College. He is the author of the History of the Future @ http://drrobertowens.com View the trailer for Dr. Owens’ latest book @ http://www.youtube.com/watch?v=_ypkoS0gGn8 © 2011 Robert R. Owens dr.owens@comcast.net Follow Dr. Robert Owens on Facebook.
Saturday, March 19, 2011
Are We On Our Way To Gettysburg?
The nightly newsreel rolls and we watch in fascination as our friend and ally Japan struggles to regain its bearings after nature’s devastating one-two-punch seems to have set them up for a potential nuclear knock-out. Boosting the ratings of the wall-to-wall news channels we sit for hours glued to the scenes of devastation waiting to be amazed by the most recently discovered views of water overtaking land in a world where every phone is a video camera. The destruction of this latest mega-tragedy is reminiscent of World War II after America paid back Pearl Harbor in spades and today’s situation even has an atomic twist at the end. One major difference is that this time we are all praying that our partners in the land of the rising sun won’t have to surrender.
Today America faces an economic earthquake and a social tsunami. Our leaders have spent us into the poor house. Our melting pot has become a smelting pot. Our social glue consists of eating at the same fast food restaurants and watching the same game shows. Reality shows are more popular than reality. Our President fiddles while Rome burns more concerned about b-ball brackets then about a 14 trillion dollar debt, two wars, and a world aimed at meltdown. The only event able to hold the administration’s interest is the 2012 election and their obsession to maintain their grasp on power.
The lack of a Historical perspective may well prove to be the undoing of our nation. Once a people are divorced from their past they live in the Eternal Now and those who set the agenda can always change now. The study of History not only provides context it also provides an endless number of lessons, illustrations, and warnings.
The magnitude of the calamities currently assaulting Japan cannot help but bring to mind the terrors of total war. In all our wars only one ever visited such destruction on our homeland. In the Civil War the North adopted a policy of total war to destroy the South’s will and ability to fight. After the South under a string of brilliant generals culminating in Robert E. Lee handed the Union defeat after defeat Grant and Sherman were able to convince Lincoln of the necessity of wonton destruction of civilian as well as military targets.
Flush with victory Lee launched his first invasion of the North in 1862. He marched into Maryland, a slave state which stayed loyal to the Union more because of an occupying army then because of popular sentiment. Lee’s goal was to defeat the Union Army and lead Maryland into the Confederacy thus surrounding Washington DC, probably winning foreign recognition, and possibly winning the war.
The previously invincible Army of Northern Virginia led by arguably the greatest tactician America has ever produced met General George McClellan and the Army of the Potomac at the Battle of Antietam for the bloodiest day in American combat history. More than twice as many Americans were killed or mortally wounded at Antietam on that one day than in the War of 1812, the Mexican War, and the Spanish-American War combined.
After twelve hours of savage combat more than 23,000 soldiers were killed, wounded or missing. The fighting ended in a stalemate with combat stopping due to the sheer exhaustion of the armies not because one side had triumphed over the other. However, Lee and his men were at the end of a precarious line of supply through enemy territory with no hope for reinforcement and more Union forces were arriving all the time. Therefore, even though the Union sustained more casualties than the South, Lee was forced to withdraw. This was a tactical victory for the South but a strategic victory for the North opening the door for Lincoln to issue the Emancipation Proclamation thus seizing the moral high ground in the war and precluding any recognition of the South by the European powers.
One year later after fresh victories at Spotsylvania Courthouse, in the Wilderness, and Chancellorsville Lee once again sought to end the war with a second invasion of the North. This time he crossed the Potomac at Harper’s Ferry and marched into the heart of Pennsylvania hoping to destroy the North’s will to fight by bringing the war to them.
This time he met the Union Army under General George Meade a career officer and civil engineer. In this pivotal battle of the war the great bold tactician met the plodding bureaucrat. On the first day of the battle General Lee moved uncharacteristically slow and Meade moved uncharacteristically fast allowing the North to gain the high ground. This set the stage for the battle as the South wasted itself attacking strong positions culminating in the fruitless slaughter of Pickett’s charge. Bled white and facing a Union army that was constantly growing Lee turned around and carried the Confederacy’s last hope of victory from the field of honor.
But it didn’t have to end that way. Instead of attacking against fortified positions either uphill or over open ground Lee could have turned to the east to march towards Washington. Meade and the Union army would have had to follow him doing their best to move around him to shield the capitol. Lee could then have chosen his ground and allowed the North to waste itself against a fixed position as they had so many times before. A victory here would have left Lee with an unopposed road to Washington and possible victory.
Hindsight is 20/20 and at this distance without the hazard of battle and the gamble of combat it’s easy for an armchair general to improve upon the real life experience of one of the greatest generals in history.
What we need now is not hindsight but foresight. Domestically, America is facing the perfect storm of crushing debt, dwindling industrial capacity, high unemployment, and creeping inflation. Internationally we’re engaged in two hot wars, a desultory campaign against international terrorists, pirates on the high seas, and collapsing prestige.
Are we boldly marching towards our Gettysburg? Are we blindly relying on our past glories expecting them to propel us to future triumphs? Will we waste ourselves assailing massive debt with paltry cuts? Are we marching over open ground against the fixed positions of free trade agreements that are free in only one direction? Are we hamstringing ourselves with an energy policy designed to keep the earth green by devastating our pockets for the benefit of our enemies?
Before it’s too late we should turn and march towards victory! Stop the over spending. Renegotiate all our trade deals, and make them equitable for all sides. Put the welfare genie back in its lamp before Ali Baba and his 535 thieves pass another budget, loot the treasury, and we end up sitting in the dirt eating leaves.
Dr. Owens teaches History, Political Science, and Religion for Southside Virginia Community College. He is the author of the History of the Future @ http://drrobertowens.com View the trailer for Dr. Owens’ latest book @ http://www.youtube.com/watch?v=_ypkoS0gGn8 © 2011 Robert R. Owens dr.owens@comcast.net Follow Dr. Robert Owens on Facebook.
Today America faces an economic earthquake and a social tsunami. Our leaders have spent us into the poor house. Our melting pot has become a smelting pot. Our social glue consists of eating at the same fast food restaurants and watching the same game shows. Reality shows are more popular than reality. Our President fiddles while Rome burns more concerned about b-ball brackets then about a 14 trillion dollar debt, two wars, and a world aimed at meltdown. The only event able to hold the administration’s interest is the 2012 election and their obsession to maintain their grasp on power.
The lack of a Historical perspective may well prove to be the undoing of our nation. Once a people are divorced from their past they live in the Eternal Now and those who set the agenda can always change now. The study of History not only provides context it also provides an endless number of lessons, illustrations, and warnings.
The magnitude of the calamities currently assaulting Japan cannot help but bring to mind the terrors of total war. In all our wars only one ever visited such destruction on our homeland. In the Civil War the North adopted a policy of total war to destroy the South’s will and ability to fight. After the South under a string of brilliant generals culminating in Robert E. Lee handed the Union defeat after defeat Grant and Sherman were able to convince Lincoln of the necessity of wonton destruction of civilian as well as military targets.
Flush with victory Lee launched his first invasion of the North in 1862. He marched into Maryland, a slave state which stayed loyal to the Union more because of an occupying army then because of popular sentiment. Lee’s goal was to defeat the Union Army and lead Maryland into the Confederacy thus surrounding Washington DC, probably winning foreign recognition, and possibly winning the war.
The previously invincible Army of Northern Virginia led by arguably the greatest tactician America has ever produced met General George McClellan and the Army of the Potomac at the Battle of Antietam for the bloodiest day in American combat history. More than twice as many Americans were killed or mortally wounded at Antietam on that one day than in the War of 1812, the Mexican War, and the Spanish-American War combined.
After twelve hours of savage combat more than 23,000 soldiers were killed, wounded or missing. The fighting ended in a stalemate with combat stopping due to the sheer exhaustion of the armies not because one side had triumphed over the other. However, Lee and his men were at the end of a precarious line of supply through enemy territory with no hope for reinforcement and more Union forces were arriving all the time. Therefore, even though the Union sustained more casualties than the South, Lee was forced to withdraw. This was a tactical victory for the South but a strategic victory for the North opening the door for Lincoln to issue the Emancipation Proclamation thus seizing the moral high ground in the war and precluding any recognition of the South by the European powers.
One year later after fresh victories at Spotsylvania Courthouse, in the Wilderness, and Chancellorsville Lee once again sought to end the war with a second invasion of the North. This time he crossed the Potomac at Harper’s Ferry and marched into the heart of Pennsylvania hoping to destroy the North’s will to fight by bringing the war to them.
This time he met the Union Army under General George Meade a career officer and civil engineer. In this pivotal battle of the war the great bold tactician met the plodding bureaucrat. On the first day of the battle General Lee moved uncharacteristically slow and Meade moved uncharacteristically fast allowing the North to gain the high ground. This set the stage for the battle as the South wasted itself attacking strong positions culminating in the fruitless slaughter of Pickett’s charge. Bled white and facing a Union army that was constantly growing Lee turned around and carried the Confederacy’s last hope of victory from the field of honor.
But it didn’t have to end that way. Instead of attacking against fortified positions either uphill or over open ground Lee could have turned to the east to march towards Washington. Meade and the Union army would have had to follow him doing their best to move around him to shield the capitol. Lee could then have chosen his ground and allowed the North to waste itself against a fixed position as they had so many times before. A victory here would have left Lee with an unopposed road to Washington and possible victory.
Hindsight is 20/20 and at this distance without the hazard of battle and the gamble of combat it’s easy for an armchair general to improve upon the real life experience of one of the greatest generals in history.
What we need now is not hindsight but foresight. Domestically, America is facing the perfect storm of crushing debt, dwindling industrial capacity, high unemployment, and creeping inflation. Internationally we’re engaged in two hot wars, a desultory campaign against international terrorists, pirates on the high seas, and collapsing prestige.
Are we boldly marching towards our Gettysburg? Are we blindly relying on our past glories expecting them to propel us to future triumphs? Will we waste ourselves assailing massive debt with paltry cuts? Are we marching over open ground against the fixed positions of free trade agreements that are free in only one direction? Are we hamstringing ourselves with an energy policy designed to keep the earth green by devastating our pockets for the benefit of our enemies?
Before it’s too late we should turn and march towards victory! Stop the over spending. Renegotiate all our trade deals, and make them equitable for all sides. Put the welfare genie back in its lamp before Ali Baba and his 535 thieves pass another budget, loot the treasury, and we end up sitting in the dirt eating leaves.
Dr. Owens teaches History, Political Science, and Religion for Southside Virginia Community College. He is the author of the History of the Future @ http://drrobertowens.com View the trailer for Dr. Owens’ latest book @ http://www.youtube.com/watch?v=_ypkoS0gGn8 © 2011 Robert R. Owens dr.owens@comcast.net Follow Dr. Robert Owens on Facebook.
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Friday, March 4, 2011
And the Dead Beat Goes On
Now we’re getting tough! Since the Tea Party Turnaround last November the new Republican majority in Congress is taking the bull by the horns and showing that they mean business! They would only agree to raise the debt limit for two weeks. That’s like telling your shopaholic alter ego who’s emptied the family savings, overdrawn the checkbook, mortgaged the house, and taken out a juice loan with a loan shark just to cover the interest, “This has got to stop! Here’s a new credit card, but you can only use it for two weeks.” How could that possibly go wrong? Just charge it to someone who hasn’t been born yet. They never seem to complain.
In a letter to James Madison, referring to the idea of running up a national debt beyond the power of the current generation to fully fund or pay off, Thomas Jefferson said, “I say, the earth belongs to each of these generations during its course, fully and in its own right. The second generation receives it clear of the debts and encumbrances of the first, the third of the second, and so on. For if the first could charge it with a debt, then the earth would belong to the dead and not to the living generation. Then, no generation can contract debts greater than may be paid during the course of its own existence.”
Currently the national debt of the United States stands at over 14 trillion dollars and it’s growing at the rate of more than one trillion per year for as far as the eye can see. It has increased by an average of $4.13 billion per day since September 28, 2007. We can question the wisdom of this but did you know that it is illegal to question the validity of the practice? According to the14th amendment Section 4 it’s illegal to question the validity of the National Debt. This section says, “The validity of the public debt of the United States, authorized by law … shall not be questioned.”
When we take actions like making Health Care a right we have just placed an obligation on everyone else to pay for it. I want to be healthy. I want everyone else to be healthy. I also want the economy to be healthy. Creating another entitlement that requires taking money from productive people and using it to give benefits to a third party only points to the coming double-dip in this Great Recession and the shell game which is our national budget. We sent Bernie Maddoff to jail for doing on a smaller scale what our government does every day: robbing Peter to pay Paul. The problem with robbing Peter to pay Paul is eventually Peter changes his name to Paul.
Although it was stated before it was illegal to do so Thomas Jefferson was willing to say the practice of robbing our children and grandchildren because we cannot quit spending is not a valid way to manage our affairs, “The conclusion then, is, that neither the representatives of a nation, nor the whole nation itself assembled, can validly engage debts beyond what they may pay in their own time.”
Along with much of the wisdom of our Founders this has been forgotten by an ever growing government seeking to be all things to all people. Our current leaders may have forgotten the wisdom of our Founders but they seem to have accepted the wisdom of Salvador Dali, “I believe that the moment is near when by a procedure of active paranoiac thought, it will be possible to systematize confusion and contribute to the total discrediting of the world of reality.” This may describe our current descent into the bizarre world of a fundamentally Transformed America, but it doesn’t sound promising as a plan for political success.
We can’t spend our way to prosperity. We can’t borrow our way to solvency, and we shouldn’t condemn our descendants to a life of limited opportunity crushed under the debt for the entitlements we wanted but couldn’t afford. That’s the reality our actions are ignoring as our shopaholic alter ego pouts, “But, I want it now!”
Dr. Owens teaches History, Political Science, and Religion for Southside Virginia Community College. He is the author of the History of the Future @ http://drrobertowens.com View the trailer for Dr. Owens’ latest book @ http://www.youtube.com/watch?v=_ypkoS0gGn8 © 2011 Robert R. Owens dr.owens@comcast.net Follow Dr. Robert Owens on Facebook.
In a letter to James Madison, referring to the idea of running up a national debt beyond the power of the current generation to fully fund or pay off, Thomas Jefferson said, “I say, the earth belongs to each of these generations during its course, fully and in its own right. The second generation receives it clear of the debts and encumbrances of the first, the third of the second, and so on. For if the first could charge it with a debt, then the earth would belong to the dead and not to the living generation. Then, no generation can contract debts greater than may be paid during the course of its own existence.”
Currently the national debt of the United States stands at over 14 trillion dollars and it’s growing at the rate of more than one trillion per year for as far as the eye can see. It has increased by an average of $4.13 billion per day since September 28, 2007. We can question the wisdom of this but did you know that it is illegal to question the validity of the practice? According to the14th amendment Section 4 it’s illegal to question the validity of the National Debt. This section says, “The validity of the public debt of the United States, authorized by law … shall not be questioned.”
When we take actions like making Health Care a right we have just placed an obligation on everyone else to pay for it. I want to be healthy. I want everyone else to be healthy. I also want the economy to be healthy. Creating another entitlement that requires taking money from productive people and using it to give benefits to a third party only points to the coming double-dip in this Great Recession and the shell game which is our national budget. We sent Bernie Maddoff to jail for doing on a smaller scale what our government does every day: robbing Peter to pay Paul. The problem with robbing Peter to pay Paul is eventually Peter changes his name to Paul.
Although it was stated before it was illegal to do so Thomas Jefferson was willing to say the practice of robbing our children and grandchildren because we cannot quit spending is not a valid way to manage our affairs, “The conclusion then, is, that neither the representatives of a nation, nor the whole nation itself assembled, can validly engage debts beyond what they may pay in their own time.”
Along with much of the wisdom of our Founders this has been forgotten by an ever growing government seeking to be all things to all people. Our current leaders may have forgotten the wisdom of our Founders but they seem to have accepted the wisdom of Salvador Dali, “I believe that the moment is near when by a procedure of active paranoiac thought, it will be possible to systematize confusion and contribute to the total discrediting of the world of reality.” This may describe our current descent into the bizarre world of a fundamentally Transformed America, but it doesn’t sound promising as a plan for political success.
We can’t spend our way to prosperity. We can’t borrow our way to solvency, and we shouldn’t condemn our descendants to a life of limited opportunity crushed under the debt for the entitlements we wanted but couldn’t afford. That’s the reality our actions are ignoring as our shopaholic alter ego pouts, “But, I want it now!”
Dr. Owens teaches History, Political Science, and Religion for Southside Virginia Community College. He is the author of the History of the Future @ http://drrobertowens.com View the trailer for Dr. Owens’ latest book @ http://www.youtube.com/watch?v=_ypkoS0gGn8 © 2011 Robert R. Owens dr.owens@comcast.net Follow Dr. Robert Owens on Facebook.
Saturday, November 20, 2010
Thanks For Nothing
Sometimes not getting everything you want is the best thing you can get. Sometimes enough is too much already. Sometimes the next time might be the last time if this time is just like the last time. Sometimes when we try to run out the time, time runs out on us. Then again, sometimes time seems to stand still, which is exactly the time we need to realize time never stands still.
Sometimes not getting everything you want is the best thing you can get. In the run up to the game-changing election of 2010 many people hoped the Republicans would gain control of both the House and the Senate. This did not happen and that is a good thing. The staggering scope of the re-alignment in the House reveals the breadth and depth of America’s repudiation of the Progressives and their welfare nanny-state. However, if the Teanami had given conservatives complete control of the legislative branch it would have set the stage for President Obama and his accomplices in the media to run against the Tea Party Congress 24/7 for the next two years. As it stands today, the House can act as an anchor slowing down the precipitous rush into the Progressive’s socialist dream world without being a foil for the next comeback kid.
Sometimes enough is too much already. While the House is now in a perfect position to slow down the Progressives march towards Utopia it might be too late. By standing on the promises they’ve made to get another chance at legislative leadership the Republicans can stop anymore over-the-top spending. They can use their power to modify bills and bring some sanity back to our budgetary process. This will be good, but it won’t be enough. The looting of the treasury that’s gone on for the last two years combined with the projected looting already commits us to trillion dollar yearly deficits for the next 10 years. Slowing the rate of growth will do nothing to stop our mad rush into insolvency. Standing still is not good enough, we must reverse course or this Titanic is going to hit the iceberg no matter where we place the deckchairs.
Sometimes the next time might be the last time if this time is just like the last time. The Republicans are hitting the right note as they prepare to take over the House. They aren’t crowing about the victory of their Party. They’re acting chastened and aware that if they mess it up this time they may end up following the Whigs they replaced in the 1850s unto the ash heap of history. After 40 years in the wilderness, the Republicans gained power in 1994. They followed through on their contract and brought in the first balanced budget in a generation, ended welfare as we had known it and inspired a pragmatic progressive to utter those long sought after words, “The era of big government is over.”
Unfortunately, they nominated a lackluster candidate and were out maneuvered by the Clinton Machine in 1996 and then fell into an impeachment debacle wherein they had to fight the administration, the media, and their own Progressive wing. Following their impeachment fiasco the GOP legislative majority followed their Progressive leaders and wallowed in the pork until disgusted voters decided to give the Democrat Progressives a chance.
The Republicans are wise to realize they’ve not been embraced by the Silent Majority / Tea Party. They’ve been given one last chance. Do what you said you would do, fight to reverse the slide, fight to save the Republic, don’t just mark time, or this time will be your last time because sometimes when we try to run out the time, time runs out on us.
Sometimes time seems to stand still which is exactly the time we need to realize time never stands still. The lame duck session grinds on, and we still don’t know what lame laws these ducks will lay before they lose the keys to the House. In a way, with the holidays fast approaching and the blessed sound of a recess bell not too far away it feels as if time is standing still. As if the angels are holding their breath awaiting the first snowflakes as we all gather to give thanks, Congress is going home.
However, the Progressives are not standing still. In the last two years they’ve effectively abdicated their Constitutional responsibilities moving much of the decision-making and oversight from Congress to the bureaucracy. Right now the multiple thousand page bills are being unwrapped like Christmas presents by the departments and bureaus and soon new regulations with the force of law will cascade out of nondescript offices continuing the transformation of America. Those dedicated to the salvation of the Republic cannot rest upon the glow of victory. We must redouble our efforts to turn back the tide. We must limit the government before the government limits us.
Now is the time to petition our representatives, asking them to actively do nothing in the lame duck session that isn’t absolutely necessary. There was no budget passed, so a continuing resolution is required. That’s all that must be done. The tax question can be postponed until the next Congress and made retroactive. The START treaty needs a closer examination. Everything else being proposed such as the Dream Act is nothing but political payoffs for members of the Progressive coalition. The best thing this Congress can do for us after all they’ve done to us is nothing. If they’ll just do that we can all be thankful.
Dr. Owens teaches History, Political Science, and Religion for Southside Virginia Community College and History for the American Public University System. http://drrobertowens.com © 2010 Robert R. Owens dr.owens@comcast.net Follow Dr. Robert Owens on Facebook.
Sometimes not getting everything you want is the best thing you can get. In the run up to the game-changing election of 2010 many people hoped the Republicans would gain control of both the House and the Senate. This did not happen and that is a good thing. The staggering scope of the re-alignment in the House reveals the breadth and depth of America’s repudiation of the Progressives and their welfare nanny-state. However, if the Teanami had given conservatives complete control of the legislative branch it would have set the stage for President Obama and his accomplices in the media to run against the Tea Party Congress 24/7 for the next two years. As it stands today, the House can act as an anchor slowing down the precipitous rush into the Progressive’s socialist dream world without being a foil for the next comeback kid.
Sometimes enough is too much already. While the House is now in a perfect position to slow down the Progressives march towards Utopia it might be too late. By standing on the promises they’ve made to get another chance at legislative leadership the Republicans can stop anymore over-the-top spending. They can use their power to modify bills and bring some sanity back to our budgetary process. This will be good, but it won’t be enough. The looting of the treasury that’s gone on for the last two years combined with the projected looting already commits us to trillion dollar yearly deficits for the next 10 years. Slowing the rate of growth will do nothing to stop our mad rush into insolvency. Standing still is not good enough, we must reverse course or this Titanic is going to hit the iceberg no matter where we place the deckchairs.
Sometimes the next time might be the last time if this time is just like the last time. The Republicans are hitting the right note as they prepare to take over the House. They aren’t crowing about the victory of their Party. They’re acting chastened and aware that if they mess it up this time they may end up following the Whigs they replaced in the 1850s unto the ash heap of history. After 40 years in the wilderness, the Republicans gained power in 1994. They followed through on their contract and brought in the first balanced budget in a generation, ended welfare as we had known it and inspired a pragmatic progressive to utter those long sought after words, “The era of big government is over.”
Unfortunately, they nominated a lackluster candidate and were out maneuvered by the Clinton Machine in 1996 and then fell into an impeachment debacle wherein they had to fight the administration, the media, and their own Progressive wing. Following their impeachment fiasco the GOP legislative majority followed their Progressive leaders and wallowed in the pork until disgusted voters decided to give the Democrat Progressives a chance.
The Republicans are wise to realize they’ve not been embraced by the Silent Majority / Tea Party. They’ve been given one last chance. Do what you said you would do, fight to reverse the slide, fight to save the Republic, don’t just mark time, or this time will be your last time because sometimes when we try to run out the time, time runs out on us.
Sometimes time seems to stand still which is exactly the time we need to realize time never stands still. The lame duck session grinds on, and we still don’t know what lame laws these ducks will lay before they lose the keys to the House. In a way, with the holidays fast approaching and the blessed sound of a recess bell not too far away it feels as if time is standing still. As if the angels are holding their breath awaiting the first snowflakes as we all gather to give thanks, Congress is going home.
However, the Progressives are not standing still. In the last two years they’ve effectively abdicated their Constitutional responsibilities moving much of the decision-making and oversight from Congress to the bureaucracy. Right now the multiple thousand page bills are being unwrapped like Christmas presents by the departments and bureaus and soon new regulations with the force of law will cascade out of nondescript offices continuing the transformation of America. Those dedicated to the salvation of the Republic cannot rest upon the glow of victory. We must redouble our efforts to turn back the tide. We must limit the government before the government limits us.
Now is the time to petition our representatives, asking them to actively do nothing in the lame duck session that isn’t absolutely necessary. There was no budget passed, so a continuing resolution is required. That’s all that must be done. The tax question can be postponed until the next Congress and made retroactive. The START treaty needs a closer examination. Everything else being proposed such as the Dream Act is nothing but political payoffs for members of the Progressive coalition. The best thing this Congress can do for us after all they’ve done to us is nothing. If they’ll just do that we can all be thankful.
Dr. Owens teaches History, Political Science, and Religion for Southside Virginia Community College and History for the American Public University System. http://drrobertowens.com © 2010 Robert R. Owens dr.owens@comcast.net Follow Dr. Robert Owens on Facebook.
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Saturday, November 6, 2010
My Name’s America and I’m a Debt-a-holic
Anyone who’s walked down the twelve-step path or knows someone who has, which is almost everyone in America, has heard the saying, “Until you admit you have a problem there’s no hope for a cure.”
We, as America have a problem: we’re addicted to debt. Now is not the time to point fingers. This isn’t the time to figure out whose fault it is or when was the fatal binge that sent us over the line from recreational user to addict. Now is the time to man-up, to admit we have a problem, and take the first steps toward recovery. And I’m not talking about some over-priced, jazzed-up, Betty Ford type recovery “Program.” I mean real recovery. This won’t happen overnight. It won’t happen without fears and tears and soul-searching honesty as we look in the mirror and admit to ourselves, “We aren’t controlling the debt. The debt is controlling us.”
Like many survivors of the Summer of Love, and the other social scams of the 1960s, when so many of we Boomers danced in lock-step like lemmings at mass festivals loudly proclaiming our induhvidualism while wearing identical tie-dyed shirts and patched-up jean uniforms, I found myself one day admitting I was addicted to something. No longer could I pretend I was taking the formerly magical something for fun. I was ingesting something that was bad for my body, because if I didn’t I’d get sick. My body, my mind, my soul had become addicted, and if I didn’t keep flying I was going to crash. I had that realization. Step-by-step I learned to walk on my own again. Maybe you’ve never had that experience personally. Hold on to your treasured memories of missing that degrading rite of passage, because we as a nation are about to hit the wall.
If we don’t sober up and take the cure ourselves one day soon our friendly local debt dealers are all going to get together and pull an intervention on us, and that will not be pretty. The austerity you place upon yourself is easier to bear than the austerity placed on you by someone else. If we don’t seize these last few moments of independence to stand up and say, “My name’s America and I’m a debt-a-holic” before we can print enough funny money to pay off our massive debts the countries holding that debt will cut us off and we’ll have to go through withdrawals cold-turkey. Or worse yet, we may be so strung out on living beyond our means that we’ll agree to anything the debt dealers demand if only they’ll extend our credit for a few more days. The borrower is slave to the lender and he who pays the piper calls the tune.
It’s easy to pick out all the pet projects of the opposition and say those are what caused us to go over the line. If we’re truthful we will see that it wasn’t just entitlements it was providing garrison troops to maintain the peace around the world. It wasn’t just tax cuts it was also spending. Truthfulness is a required ingredient for this cure. It won’t work if we just stop drinking, because dry drunks just find something else to fill the hole in their souls. It won’t be good enough to kick the heroin of debt just to become strung out on the methadone of printing money. We can’t just click our heels three times and say “I wish I was home” as Bernanke pumps out billions of increasingly worthless paper dollars. We can’t start using our Discover Card after the shop keeper cuts up our MasterCard and our Visa.
Some fear the cure will be worse than the disease. Some are afraid to admit there’s a problem fearing there will be a stigma. We’re past time to worry what the other countries down the block are going to say. We cannot hesitate because we’re ashamed all the other countries will point at us on the UN playground and say behind phony smiles, “America couldn’t handle their budget and now they have to live within their means.”
We can’t let divisions divide us. We must remember we are the UNITED States. We have to realize we cannot remain anonymous buying our debilitating debt on the corner from dealers who’re laughing at us behind our backs. We cannot continue spending like drunken sailors at the first port-of-call in six months and expect that there will be anything left for the kids. We’re sacrificing our children at the altar of our own desires. It’s time to admit that being generous with other people’s money isn’t generosity, its theft. It’s also time to realize that if everyone demands what they want no one will get what they need.
Yes, this will mean hard choices. Yes, this will mean that we all must roll-up our sleeves, tighten our belts, and go to work for the long haul. But we’re America. We can do this. Instead of expecting our representatives to bring home the bacon let’s ask them to balance the budget no matter how that may gore our sacred cow. Perhaps it’s time we remember to ask not what our country can do for us, but ask instead what we can do for our country.
Dr. Owens teaches History, Political Science, and Religion for Southside Virginia Community College and History for the American Public University System. http://drrobertowens.com © 2010 Robert R. Owens dr.owens@comcast.net Follow Dr. Robert Owens on Facebook.
We, as America have a problem: we’re addicted to debt. Now is not the time to point fingers. This isn’t the time to figure out whose fault it is or when was the fatal binge that sent us over the line from recreational user to addict. Now is the time to man-up, to admit we have a problem, and take the first steps toward recovery. And I’m not talking about some over-priced, jazzed-up, Betty Ford type recovery “Program.” I mean real recovery. This won’t happen overnight. It won’t happen without fears and tears and soul-searching honesty as we look in the mirror and admit to ourselves, “We aren’t controlling the debt. The debt is controlling us.”
Like many survivors of the Summer of Love, and the other social scams of the 1960s, when so many of we Boomers danced in lock-step like lemmings at mass festivals loudly proclaiming our induhvidualism while wearing identical tie-dyed shirts and patched-up jean uniforms, I found myself one day admitting I was addicted to something. No longer could I pretend I was taking the formerly magical something for fun. I was ingesting something that was bad for my body, because if I didn’t I’d get sick. My body, my mind, my soul had become addicted, and if I didn’t keep flying I was going to crash. I had that realization. Step-by-step I learned to walk on my own again. Maybe you’ve never had that experience personally. Hold on to your treasured memories of missing that degrading rite of passage, because we as a nation are about to hit the wall.
If we don’t sober up and take the cure ourselves one day soon our friendly local debt dealers are all going to get together and pull an intervention on us, and that will not be pretty. The austerity you place upon yourself is easier to bear than the austerity placed on you by someone else. If we don’t seize these last few moments of independence to stand up and say, “My name’s America and I’m a debt-a-holic” before we can print enough funny money to pay off our massive debts the countries holding that debt will cut us off and we’ll have to go through withdrawals cold-turkey. Or worse yet, we may be so strung out on living beyond our means that we’ll agree to anything the debt dealers demand if only they’ll extend our credit for a few more days. The borrower is slave to the lender and he who pays the piper calls the tune.
It’s easy to pick out all the pet projects of the opposition and say those are what caused us to go over the line. If we’re truthful we will see that it wasn’t just entitlements it was providing garrison troops to maintain the peace around the world. It wasn’t just tax cuts it was also spending. Truthfulness is a required ingredient for this cure. It won’t work if we just stop drinking, because dry drunks just find something else to fill the hole in their souls. It won’t be good enough to kick the heroin of debt just to become strung out on the methadone of printing money. We can’t just click our heels three times and say “I wish I was home” as Bernanke pumps out billions of increasingly worthless paper dollars. We can’t start using our Discover Card after the shop keeper cuts up our MasterCard and our Visa.
Some fear the cure will be worse than the disease. Some are afraid to admit there’s a problem fearing there will be a stigma. We’re past time to worry what the other countries down the block are going to say. We cannot hesitate because we’re ashamed all the other countries will point at us on the UN playground and say behind phony smiles, “America couldn’t handle their budget and now they have to live within their means.”
We can’t let divisions divide us. We must remember we are the UNITED States. We have to realize we cannot remain anonymous buying our debilitating debt on the corner from dealers who’re laughing at us behind our backs. We cannot continue spending like drunken sailors at the first port-of-call in six months and expect that there will be anything left for the kids. We’re sacrificing our children at the altar of our own desires. It’s time to admit that being generous with other people’s money isn’t generosity, its theft. It’s also time to realize that if everyone demands what they want no one will get what they need.
Yes, this will mean hard choices. Yes, this will mean that we all must roll-up our sleeves, tighten our belts, and go to work for the long haul. But we’re America. We can do this. Instead of expecting our representatives to bring home the bacon let’s ask them to balance the budget no matter how that may gore our sacred cow. Perhaps it’s time we remember to ask not what our country can do for us, but ask instead what we can do for our country.
Dr. Owens teaches History, Political Science, and Religion for Southside Virginia Community College and History for the American Public University System. http://drrobertowens.com © 2010 Robert R. Owens dr.owens@comcast.net Follow Dr. Robert Owens on Facebook.
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