| | Debt Ceiling posts by D.K. Christi and Don E. Harpe | |
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dkchristi Five Star Member
Number of posts : 8594 Registration date : 2008-12-29 Location : Florida
| Subject: Debt Ceiling posts by D.K. Christi and Don E. Harpe Wed Jul 13, 2011 7:33 pm | |
| Copied below are the two posts Abe wishes to forward. Both Don and I have agreed that our words may be used for lobbying efforts.
I want to send a message to the President. Here is the message. Please read it, suggest changes or additions. Add your name to your post to be included. It should be your name, city and state where you live, with title, author.
Dear President Obama:
A State of Emergency exists with many citizens of America.Many of us are living in fear and that fear is real. As seniors our livelihood is being threatened by the loss of Social Security income. We paid into the SS fund. If there is no money in the fund, where is it? If it was used and not returned it is akin to theft. It is called an entitlement and that is a correct label. We are entitled to the money we paid into the fund. Medicare and VA care is also threatened. The veteran swore an oath to serve and put his/her life on the line. What about the promises made to the veterans? The enemy is not some foreign power, but those who are ready to renege on their promises and deprive the citizens of life-sustaining services.
Mr.President, your efforts for a universal health care program is appreciated. We know that the enemies within, supported by the rich and powerful, don’t want it to succeed. The enemies talk about the trickle-down theory. Where has it trickled down? Can they give examples of this theory? Where are the jobs they created? What happened to America’s middle class? We have a two-class society, rich and poor, with the rich are getting richer and the poor, poorer.
In the preamble to our constitution, it says, “…establish justice ,insure domestic Tranquility, provide for the common defense and promote the general Welfare…” What happened to justice, Tranquility and general Welfare?
If there are tax breaks, don’t you think those breaks should apply to all Americans? If the rich get tax breaks based on the trickle-down theory, allow them to keep the breaks if they can demonstrate how those breaks created jobs. If not, they should be required to pay up.
I am an author and participate on a forum with other authors. The current state of emergency is being discussed. Here are two postings by other authors.
By D.K. Christi: The President of the United States has not threatened anything. He cannot assure anyone that government business will go forward because the debt ceiling has never before been held hostage to opposing political agendas. His original request was the traditional bill extending the debt ceiling to cover the debts already incurred - not new debt - the debts we have already promised to pay. That's what debt is - already spent funds.
What is our debt? The majority is from the reduction in taxes during the Bush Administration that reduced needed revenue to support the war effort. The war effort is the biggest piece of the debt since when the war was started, there were no taxes or financial hardships imposed on the U.S. citizens while the best young men and women were being sent to face death. The next piece of the debt came from the programs implemented to put specific industries back into business to provide jobs or prevent the loss of jobs. That is only a small piece of the debt since those payments were successful and have been nearly paid back in full - in full. Another piece of the debt is payments owed to senior citizens and disabled persons for medical care that has been one of the most efficient delivery systems of medical care imaginable. While costs for insurance and general medical care have skyrocketed with exorbitant salaries in the insurance industry and high awards to malpractice attorneys and for malpractice insurance, the administration of the medicare program has been lean and efficient. The program works. It extends quality life and provides a safety net for people who previously either died, were burdens to families or ended up on the federal dole because all funds were exhausted from illness. Social Security and medicare are paid for by those who are employed for the benefit of those who retire. It's a pay for itself program. Medicaid primarily serves children and elderly who have no other source of medical care. Because it is administered by states, it is less efficient and has a variety of service methods making its efficiency difficult to measure. Both programs serve people with no other resources for the most part, those least able to lobby for themselves.
Thus the debt was incurred by wars and tax gifts to the wealthy and corporations that shrunk the revenue needed to support the war effort and the promised services to citizens.
The debt ceiling" is semantics that matter in the money markets. Not increasing the debt ceiling at this time is not comparable to living within our means at home. The war effort should have been a pay as you go effort - taxing for the war at the time of the war. Tax breaks to the wealthiest people and corporations who have windfall profits from the labors and benefits of this wonderful country and its working class is plain stupid. That stupidity should not be borne by the least able.
President Obama is just stating the obvious. When it comes time to pay the bills, the current revenue flow will not pay them all. Everyone knows that, but he said it to be perfectly clear. The debt ceiling must be lifted so the government can pay existing debts. It will be a world class debacle not to.
The next step is to remove those ridiculous tax breaks to the wealthy and largest corporations, extend the salary taxes past the current income limits for social security and collect outstanding IRS debts rather than adding people to the prisons who need to work off the debt they owe us.
It's taking a statement and turning it into a threat that keeps people on edge and unable to evaluate the truth from the political hyperbole.
By E. Don Harpe The debt limit (ceiling) was first introduced in 1917, and since then Congress has never failed to raise it. Actually, the first time it was put on the table was in 1981, and it was the Gipper himself who raised it that year. Back then President Ronald Reagan said, quote: “The full consequences of a default – or even the serious prospect of default – by the United States are impossible to predict and awesome to contemplate. Denigration of the full faith and credit of the United States would have substantial effects on the domestic financial markets and the value of the dollar.”
And now we learn that every time it’s been put on the table since then, it’s been raised. President George W. Bush raised the debt ceiling in 2002 – 03 – 04 – 05 – 06 – 07 – and 08. President Barrack Obama raised it in 2009 and 2010. And here’s the kicker. The budget, or passing a budget, was not connected to raising the debt ceiling in any of those years.
So, why is it this year the Republican’s in Congress are determined to tie the debt ceiling to the passing of a new budget, and why are they standing so firm on what they insist on calling “raising taxes?” We know it isn’t really raising taxes, it’s just rolling them back to where they were before George W. Bush started the second biggest welfare program in the history of the country, by giving billions of tax dollars to the wealthiest people in the country. We know the argument that the “tax breaks for the wealthy” are needed to create jobs, and if that were true, it would be well spent. But it simply isn’t true. They aren’t creating any jobs, at least not here in this country. They’re sitting on the money, giving their corporate heads raises and personal jets, but they aren’t creating any jobs. I honestly believe they could create jobs, I just don’t think they want to. Most of these elite wealthy people who have their hands so deep in the taxpayers pockets are themselves Republicans, and I think they are very deliberately not creating jobs in order to point to the unemployment situation and the number of jobs not created as a means to get a Republican elected to the White House again in 2012. They want this, because in that way they’re pretty sure the government teat they’re sucking off will never dry up. So the idea that rolling back the tax breaks will in some way hinder job growth is nonsensical. Job growth due to the tax breaks is non-existent all ready, so how can it be hindered more?
The other reason, which also deals with the creating of new jobs, says that even the mention of rolling back taxes has been enough to keep the people who get the wealthy welfare checks from investing the money to create the jobs. How hokey is that? Are they that afraid? I doubt it. Most people doubt it.
The American people believe that it is unconscionable to try and balance the budget by spending cuts alone, especially when those cuts come at the expense of those Americans least able to afford the cuts, and most likely to suffer from them. We are already graduating students that can barely read, and can’t find New York or Los Angeles on a map, and they want to take money away from education. Nearly every college in the country is raising tuition just to get by, and they want to take money from the grants program. Seniors are being told they have to choose between eating and buying medicine, between paying their utility bills and their phone bills. Social programs that do the most good in this country are being stripped of funding, when they know it will keep many middle aged ladies from getting needed mammograms. And why is this being done? To create jobs if you listen to the Republicans, but if you listen to the rank and file working man and woman on the street, it’s being done so the wealthy can remain in their gated communities, in their million dollar homes, and fly around the world on vacations. It’s being done so oil companies and big farm businesses can keep making record profits, and keep their corporate jets in the air. It’s being done so the war in the Middle East can continue, and the war is continuing, not to keep us safe, but to keep pouring billions of dollars into the coffers of a handful of corporations. The war has never been about terrorism, or keeping America safe from attack. It’s been about making dollars for a handful of very powerful people who think it is their right to rape this country until the middle class and the working class bleed.
I think the Republicans and those idiot members of the tea bag party that are doing everything in their power to hold this country hostage, should be brought to trial for treason.
Other authors who agree with the above are: |
| | | zadaconnaway Five Star Member
Number of posts : 4017 Registration date : 2008-01-16 Age : 76 Location : Washington, USA
| Subject: Re: Debt Ceiling posts by D.K. Christi and Don E. Harpe Wed Jul 13, 2011 7:40 pm | |
| Thak you for compiling this for us, DK. I shall print it out and send my signed copy to the white house. |
| | | alice Five Star Member
Number of posts : 15672 Registration date : 2008-10-22 Age : 76 Location : Redmond, WA
| Subject: Re: Debt Ceiling posts by D.K. Christi and Don E. Harpe Wed Jul 13, 2011 7:59 pm | |
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| | | Abe F. March Five Star Member
Number of posts : 10768 Registration date : 2008-01-26 Age : 85 Location : Germany
| Subject: Re: Debt Ceiling posts by D.K. Christi and Don E. Harpe Wed Jul 13, 2011 10:36 pm | |
| Thanks, DK for the editing. For those of you who send this by whatever means, include my name as follows: Abe F. March Charlottesville, VA Author |
| | | Abe F. March Five Star Member
Number of posts : 10768 Registration date : 2008-01-26 Age : 85 Location : Germany
| Subject: Re: Debt Ceiling posts by D.K. Christi and Don E. Harpe Wed Jul 13, 2011 11:08 pm | |
| I posted this as a blog on my website http://tinyurl.com/679zhgw |
| | | zadaconnaway Five Star Member
Number of posts : 4017 Registration date : 2008-01-16 Age : 76 Location : Washington, USA
| Subject: Re: Debt Ceiling posts by D.K. Christi and Don E. Harpe Wed Jul 13, 2011 11:23 pm | |
| Abe, the link takes me to my own site! |
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| Subject: Re: Debt Ceiling posts by D.K. Christi and Don E. Harpe | |
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