Archive for Federal Deficit

The Truth About Medicare

Posted in Politics, Uncategorized with tags , , , , , , , , , , , , , on August 28, 2012 by authorcarloscardoso

There have been many political ads trying to scare America’s seniors into believing that Mitt Romney and Paul Ryan wish to end Medicare and break our commitment to our seniors, nothing could be further from the truth. Quite to the contrary, they are the only candidates who have promised to keep Medicare benefits for all Americans 55 or older. Beginning with keeping the $716 billion dollars being taken out by Obamacare to help fund it, believing our seniors deserve what they paid into and worked for their whole lives, and were promised. Obama made no effort to strengthen the program in his first term, ignoring Medicare completely, knowingly allowing it to head towards bankruptcy making it unavailable to future generations.

Obama’s plan allows Medicare to go bankrupt in 2024 without offering a solution. It takes over $716 billion from the program for Obamacare and then empowers 15 bureaucrats to make further cuts who are unelected and unaccountable to congressional overview. The Romney approach differs greatly from Obama’s; together with Paul Ryan they have bipartisan support for keeping benefits intact for anyone 55 or older. They also want to ensure that the promises made to all other Americans are sustainable and will be there when they need it. Obama‘s trying to scare you because as he said himself as a candidate in 2008, when you have no new ideas to offer, no record to run on, you resort to trying to use scare tactics against your opponent.

The truth is there’s been a lack of leadership, four years and nothing to brag about but the passage of Obamacare, a hugely unpopular law adding one trillion dollars in taxes on top of the theft of over $700 billion from Medicare to pay for it. We were told it was not a tax yet it is actually the largest tax increase in American history The Romney, Ryan plan is to keep that money in Medicare where it belongs and work from day one towards enacting the full repeal of Obamacare. This alone eliminates a trillion dollar tax increase, while undoing another entitlement program that we ultimately can’t afford. The president promised he would cut the deficit in half in his first term, another broken campaign promise, instead he added $5 trillion in additional debt, all in just four years. Spending without budgeting restraint, helped by the fact that ally Senator Harry Reid has not allowed a vote on a budget on the Senate floor since 2009.

The choice on Medicare is simple, you have Mitt Romney and Paul Ryan vowing to keep our promises to all Americans 55 or older while working on a bipartisan plan to ensure we can offer future generations a Medicare program they can rely on. The other choice is Obamacare and its decimation of Medicare by stealing over $716 billion, straddling us with debt, building an entitlement program with a trillion dollar tax increase on top of the $5 trillion dollars he has added to the deficit. Unfortunately Obama’s distorting the Romney plan, because after four years he has no plan, no vision and no record. No path towards saving Medicare while speeding up its destruction so he must resort to scare tactics.

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The President and the Failure of the Super Committee

Posted in Politics with tags , , , , , , , , , , , on December 3, 2011 by authorcarloscardoso

The failure of the Super Committee to come to a deficit reduction deal goes back to the debt ceiling deal. The extension of the Bush tax cuts through 2012 agreed to because of the fragility of the economy certainly still holds true today. The economy is so bad Mr. Obama is running away from it by blaming it on the Republicans protecting the wealthiest 2% of Americans. Interesting how he along with former Speaker Nancy Pelosi quickly embraced the movement that espoused their position on raising taxes, the Occupy Wall Street Movement. Interestingly enough while they demonized the true grassroots movement, the Tea Party. specifically Congresswoman Pelosi had expressed concern about their rhetoric leading to violence. Neither backed away from the Occupy Wall Street movement which Americans watched on their network news turn to lawlessness and violence. The Republicans offered some tax increases trying to reach a compromise but the Democrats wanted a trillion dollars in tax increases out of $1.2 Trillion they were required to cut from the deficit. This poisoned the atmosphere while the Committee was working.

The truth is the failure in Washington can be traced directly to our President who has done nothing but waste trillions of dollars on ventures for those who financed his campaign, while blaming Republicans as he has been the campaigner in chief. The President has done more to polarize this nation than any other president in our history to setup the backdrop of his own re-election campaign. He will run against obstructionist Republicans who have passed over a dozen bills only to be blocked from reaching the Senate floor for a vote. President Obama and his big government Democratic allies are willing to allow innocent Americans to suffer so he can run away from his record. This is not only a failure of leadership but a deliberate effort to allow this President to escape all accountability for his myriad of failures. President Obama is fiddling while the country burns around him. This while he actively is creating an atmosphere of class warfare knowing that his policies are destroying the economy creating more people dependant on the government for aid in the hope that they will vote Democratic.

Foreign Policy Debate

Posted in Politics with tags , , , , , , , , , , , , , on November 14, 2011 by authorcarloscardoso

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The Republican debate on foreign policy showed a clear distinction between Barack Obama’s policies and the candidates’ approach. All point out the President’s weakness on the world stage and failed approaches to mitigating the threat to the United States and our allies. Speaker Gingrich set the tone admirably when he refused to attack his fellow candidates and instead focused on the differences between the candidates and the current President. I urge all American’s to view the debate and choose a candidate on vision, leadership and knowledge of the complexity of the current world situation we find ourselves in. I also invite the American people to find out for themselves what UN Agenda 21 is that the Speaker mentioned and the implications on our way of life and national sovereingty.

Tea Party Blamed For Debt Deal Debacle

Posted in Politics with tags , , , , , , , , , , , , on August 6, 2011 by authorcarloscardoso

The article begins with a baseless and offensive attack against conservative Americans in its title, “Tea party has engaged in economic terrorism”. The truth is that the Obama administration and the super majority in both houses of congress gave the Democrats the ability for 2 years to raise the debt ceiling to whatever level they wanted to finance all their spending plans and failed to do so. The President offered no vision, plan or any sense of urgency on resolving the issue until the Treasury Department declared the country would default on its obligations to pay our debts unless the debt ceiling was raised by August 2, 2011. This statement was misleading and began to cause concerns in the markets. They should have assured the world that the US would not default on any loan payments. The federal government could have begun looking at non-essential government workers and beginning to implement a furlough program to extend the government’s ability to pay for all essential services.The federal government didn’t do what all local, county and state governments did when faced with that dilemma, cut government spending. No they proposed allowing them to spend more. They needed to find unnecessary bureaucracy and cut the size of the federal government. The Tea Party wasn’t the irresponsible group in this fiasco, no it was the Democrats who refused to consider significant spending cuts when they knew this path of spiraling debt is unsustainable especially in this weak economy. The author who is nationally syndicated could have debated her points without resorting to calling those who disagree with her, “economic terrorists and equating their actions with that of Al-Qaida. Then she went on to call them” ignoramuses” again degrading and slandering her opponents because she cannot win in an honest and open debate on the issues without resorting to name calling. The Tea party which is an ideal shared by many American citizens who understand that we must fix our economic situation if we are to regain our place as the leader of the free world.

This country is at a crossroads and the choice has never been clearer, do we want a government that believes that taxing, spending and borrowing, leading to unfathomable amounts of debt is the proper course for our nation to take? Debt that our generation will not be able to pay to leave to our children and grandchildren to pay is unconscionable. Thomas Jefferson wrote, “Then I say the earth belongs to each of these generations during it’s course, fully, and in their own right. The 2d. generation receives it clear of the debts and incumbrances of the 1st., the 3d. of the 2d. and so on.”Or do we want a limited government that can live within its means. The Wall Street crash and downgrading of our nation’s credit rating prove the debt must be addressed now. How sad is it for our country to have to listen to Vladimir Putin of Russia call the United States a parasite on the world because we can’t live within our means. China has said the good old days of borrowing are over.

The stock market has been plummeting since the debt ceiling debate showed that this administration had no intention of significantly cutting spending any more than they had to. They also showed their hypocrisy when they continued to talk about revenues, meaning tax hikes after they agreed to the idea that the economy was too weak in the lame duck session of congress to raise taxes and they agreed to extending the Bush tax cuts until 2012. This President has the ignominious honor of being the first President to lose the country’s triple A credit rating and having more people receiving government assistance than ever before in history. All while unemployment remains above what he said it would in spite of the stimulus package that needed to be passed immediately to avert a possible depression. Now with our credit in question, our economy in shambles, unemployment and foreclosures up and the housing market severely weak, here come rising interest rates and further devaluation of the dollar to further weaken our economy. The President needs to take responsibility for the economy and his role over the last two years through the effects of his policies. He also needs to use his influence to end the toxic atmosphere in politics by calling for an end to the bashing of his opponents and toning down this incendiary rhetoric.

Senator Rubio Calls Out the Lack of Leadership

Posted in Politics with tags , , , , , , , on July 30, 2011 by authorcarloscardoso

Senator Rubio eloquently and clearly laid out the situation facing our nation. The time for fiscal responsibility and the end of name calling is now if we are to save our great republic.

Contact President Obama and Demand Leadership on the Debt Ceiling Debate

Posted in Politics with tags , , , , , , , , , , , , , , on July 30, 2011 by authorcarloscardoso

President Obama used the bully pulpit to call out to his supporters to call and email the Republicans to presssure them for their role in this crisis. Unfortunately this is a word this administration has used often but their responses or lack thereof depends on what fits their agenda. I would urge any American who has come to terms with the idea that our curent form of government has grown unsustainable to call the White House and demand leadership not the partisanship and divisiveness that this President has worsened. The contact information can be found at http://www.whitehouse.gov/contact. Below is an example you could view and use if you agree. It is time to hold the President accountable for his actions and or lack thereof.

President Obama,

With all due respect to your office, I find your comments from your press conferences on the debt ceiling debate to be more about political posturing than actual leadership. This crisis is just another example of a trend we’ve seen under your administration. You let things simmer failing to act little less lead, until positions harden then announce the need to get it done quickly. You wait until the last possible moment and declare an emergency. Then out you come portraying the role of the statesman who gets congress to work together. You excel at playing the blame game instead of leading. You were in charge of an undivided government for 2 years and didn’t feel the need to sufficiently address this issue at all, why? You weren’t willing to pay the political price to own this issue with your fellow Democrats. Now you have your scapegoat, someone to blame for your own ineptitude, those intransient Republicans. You ran for the office you hold to lead. Forget about your political future when considering making the hard choices. Follow your oath and do what is right to lead this nation back to prosperity. Present the American people with your plan, detailing your positions and how you intend to achieve them.

You speak of a balanced approach with spending cuts and additional revenue to not chance harming the economy. However it is your policies which have accelerated and even helped to create the mess we are in. The American economy needs jobs; this can only be accomplished by creating an atmosphere where our free market, capitalist system is encouraged to invest in America and her bright future. I’m sure you also realize that spending cuts alone will not solve our problem. The trade deficit incurred by our country for energy is also a threat to our long term fiscal strength. The obvious answer is to expand our efforts for domestic production, refining and use of our natural resources to lower both energy prices and unemployment. Increased workers being hired across the country will lead to increased revenues for the government and improve America’s long term financial health.

We owe it to our children to leave them with a clean slate and a fresh start to pursue their dreams. The deficit must be addressed and our debt paid down. Failure to do so is immoral and will define the lack of leadership on your part and your legacy. Stop trying to scare people into acting hastily in a manner they may later regret. Plan, prepare and react in a timely manner to issues that arise so the American people can watch the actions of our elected officials. You promised transparency and yet all we see is legislation being passed without lawmakers even having the opportunity to review it. Yet you promised us the American people would have access to critical legislation through the internet far enough in advance for us to review it and to allow our thoughts to be heard. This is one of many broken promises made by you on the campaign trail. You seem to lack substance when it comes to governing. Campaigning and governing are separate and distinct functions. You have yet to show much of an appetite for the latter. Stop trying to act like a leader and actually be one.

You asked the American people to contact their elected officials and share their views hoping to pressure your opponents to give in to your demands. I pray this is just one of many voters holding you personally accountable for this mess and contacting you. This is your mess, no more passing the buck or the blame. Time for you to stand up and fix things now before it’s too late. You wanted the job now get out there and do it right, be the leader you aspired to be and millions thought you capable to be. This is a historic moment and history will judge you by your actions and or inactions at this time of great uncertainty. Present us with a plan with specifics. Do your job and lead.

Respectfully.

The Gang of Six Deficit Reduction Plan

Posted in Politics with tags , , , , , , , , , , , , , , , , , , on July 20, 2011 by authorcarloscardoso

The proposal put forth by the Senate group of six including, Democratic Senators; Dick Durbin from Illinois, Mark Warner from Virginia and Kent Conrad from North Dakota as well as Republican Senators; Tom Coburn from Oklahoma, Saxby Chambliss from Georgia and Mike Crapo from Idaho must be opposed. This plan is a recipe for disaster and doesn’t do enough to address our immediate need to enact serious spending cuts. It is time we consider ending deficit budgets with budgets that not only don’t add to our debt but begins to pay down what we owe. $500 billion in cuts does not come close to accomplishing that.

The only true path to getting our fiscal house in order is to cut government spending and also looking to removing regulatory obstacles to job creation. Additional revenue in these circumstances can only come from private sector investments in American jobs. Our fiscal house will never be in order when we can’t afford our government, have continued high unemployment, a still damaging housing crisis and a trade deficit. We must rebuild our economy and declare energy independence from foreign sources. Explore and use our latest technology and huge natural resource reserves to lead us back to prosperity. We must end the reckless policies of the Federal Reserve and restore the integrity of our dollar. Only these concrete steps will lead us back to our position of preeminence in the world and ensure that we can regain the future for our children and their children. We must fix what we can and recapture the imagination of the world. The beacon of freedom and liberty must shine brightly as the darkness of evil spreads across the world. We are once again called to action and true leadership to ensure our vision and values of freedom and liberty is spread throughout the world.