“Government does not solve problems; it subsidizes them.” – Ronald Reagan
Conservative Talk: What did they say?
Michael Barone | Bond Markets Reflect the True Cost of Obamacare
Not many people noticed amid the Democrats’ struggle to jam their health care bill through the House, but in recent weeks U.S. Treasury bonds have lost their status as the world’s safest investment.
But, as we know from the experience of high-tax Western Europe and relatively low-tax America over the last three decades, higher taxes tend to retard economic growth. Lower economic growth means less revenue for government than in CBO projections. Less revenue means more borrowing — and at some point lenders are going to call a halt.
Barack Obama’s project of transforming the United States into something like Western Europe is, according to the CBO, raising the national debt burden on the economy to World War II levels. I see train wrecks ahead — as the bond market forces huge spending cuts or tax increases first on states and then on the federal government. It will make what happened in the House Sunday look pretty. Read the entire post HERE.
Jackie Gingrich Cushman | Fighting for Liberty
Patrick Henry uttered his famous line, “Forbid it, Almighty God! I know not what course others may take; but as for me, give me liberty or give me death!” on March 23, 1775.
Now, 235 years after Henry’s statement, President Barack Obama signed the health care reform bill into law.
Henry was determined to fight for liberty — the power for the American people to make individual choices. This desire for liberty in Henry and others provided the fuel and supported the belief that the rights of the American people begin with God, are given to individual people and then loaned from those individuals to our government.
Thomas Jefferson reflected these beliefs when he wrote our Declaration of Independence.
“We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.” Read the entire post HERE.
That’s right, the Democrats did pass a health care bill that a plurality of Americans opposed. And it is in so many ways an awful piece of jumbled-up law. But it will not be the wedge issue that can in November deliver back to the Republicans those marginally safe seats now held by Democrats.
So what is the best way for Republicans to win possible swing races? The answer is to look back at the financial disaster that in the fall of 2008 scarred this nation almost as indelibly as 9-11 did. It’s simply called too much debt and no money.
How do you turn tired concepts like these into something that changes an election? By making an analogy between the conditions that led to the sudden near-collapse of our financial system in just a few weeks in 2008 to the very real possibility that the same thing could one day happen to our entire national treasury. Read the entire post HERE.