Dear Congress...

An open letter to Congress:

Dear Congress:
Having reviewed your track record on administering the financial affairs of this country, it would seem to be prudent to replace you effective, November 2012.

Did you really think we could go on for decades without balancing the budget and that there would be no consequences?

You could have taken draconian action, or you could have taken a more measured approach, but the truth is you have taken no action and now our Social Security and our credit rating are in jeopardy; our economy and our ability to deal with recession is compromised; our social safety net can no longer be sustained at present levels; and our reputation in the world has suffered.

We don't doubt that you will be telling us that it wasn't your fault; that you were unable to control spending; that there are sacred cows, that there is a lot of pressure in Washington, and that we should look at all the good that you have done. You may want to turn our attention to other issues, blame the opposition, or even start a small war to keep us from thinking about the impending financial train wrecks that you should have taken action to avert. No matter. You had your turn, and now you must go. Enjoy your ill-deserved pension...while it lasts.

Sincerely,

Voters



 

Republican proposed spending cuts. Really?

I think these spending cut numbers proposed by Republicans in 2012 speak for themselves.  If a corporation ran red ink for as long as Congress has, heads would roll. They only care what voters want for the next election and show disregard for the future of America.

As shareholders, I think we need to clean house - both sides of the aisle.

It is time to clean house!

Note to Congress: Sacred Cows? The herd needs thinning!

When it comes to sacred cows, the herd needs thinning.  It is time to get down to business and get our financial act together.  How long can we go on spending more than we earn.  This applies to us as citizens, and it applies to the government.  We can't stay in denial about this.  We have some momentum.  Let's keep the pressure on in Washington to fix our national debt problem.  And don't forget, this applies to us the same.  If you are spending too much...STOP IT!  :)

Dave Ramsey: You have to fire these people!

Dave Ramsey, unimpressed by the so-called "deep cuts" proposed by Congress, explains it in terms of our personal debt - something most of us can relate to:

“As a direct ratio, we make $58,000 a year, we’re spending $75,000 per year, and we’re proposing “big cuts” to $72,000 a year.” ~ Dave Ramsey 


Ramsey says it took us from 1776 to 2008 to get to $9 trillion.  From 2008 to present we have added $4 trillion!

This is more than a trillion dollars per year of debt slide.

More from Dave Ramsey (audio).


Ramsey says "This is cause for a political revolution".  He says Republicans and Democrats have both got us into this situation and we need to act in a bipartisan manner to fix it.  As he put it:


"You have to fire these people."

Rand Paul must have read my blog...?

Here's a quote from Rand Paul on NBC's Today Show as reported by Deseret News in Salt Lake City (Associated Press story):  

Republican Rand Paul, who won a Kentucky Senate seat in a race powered by tea party support, said Americans need not fear gridlock in the next Congress because "debate is healthy."

"It seems like the most fiscally conservative government is always divided government," Paul said on NBC's "Today" show.

Clearly he is reading my blog (see Here's to partisan bickering).