Archive for March, 2009
Article 1 Section 7 — Important!!
Posted in Article I, Constitution as Written on March 28th, 2009 by admin – Be the first to commentSection 7. All bills for raising revenue shall originate in the House of Representatives; but the Senate may propose or concur with amendments as on other Bills.
Every bill which shall have passed the House of Representatives and the Senate, shall, before it become a law, be presented to the President of the United States; if he approve he shall sign it, but if not he shall return it, with his objections to that House in which it shall have originated, who shall enter the objections at large on their journal, and proceed to reconsider it. If after such reconsideration two thirds of that House shall agree to pass the bill, it shall be sent, together with the objections, to the other House, by which it shall likewise be reconsidered, and if approved by two thirds of that House, it shall become a law. But in all such cases the votes of both Houses shall be determined by yeas and nays, and the names of the persons voting for and against the bill shall be entered on the journal of each House respectively. If any bill shall not be returned by the President within ten days (Sundays excepted) after it shall have been presented to him, the same shall be a law, in like manner as if he had signed it, unless the Congress by their adjournment prevent its return, in which case it shall not be a law.
Every order, resolution, or vote to which the concurrence of the Senate and House of Representatives may be necessary (except on a question of adjournment) shall be presented to the President of the United States; and before the same shall take effect, shall be approved by him, or being disapproved by him, shall be repassed by two thirds of the Senate and House of Representatives, according to the rules and limitations prescribed in the case of a bill.”
This is imperative that every American know and understand as our spend-happy government is leading us to complete and utter destruction. Legally all bills that raise taxes or revenue need to come from the House of Representatives. Why do you think the founders felt that this was necessary? Because the House of Representatives are up for election every two years and because they come from districts that are relatively small. This means that if you don’t like the taxes you have to pay, talk to your representative. Hopefully he lives relatively close to you.
We like to pretend that the government has infinite amount of money, it can just keep selling treasuries to the Chinese and they can just pay for everything we need. This is not realistic, logical or true. The government will eventually have to either repay the money or default on the debt. I hate to think how the Chinese would feel if we defaulted on the debt. What does a bank do when you default on your mortgage? They take your house! Can the Chinese take our Country? Maybe…
Rush Limbaugh: Titular Head Of The Republican Party?
Posted in Political Discussion on March 18th, 2009 by halthouse1 – Be the first to commentAll Hail The King
Now for full disclosure I listen to Rush, enjoy the show, agree with some but not all of the things that he says, and certainly do not consider him to be the leader of the Republican Party, titular or otherwise. The masses that don’t listen to him dislike or even hate him out of hand, primarily because they are led to that conclusion by the main stream media, not to mention the many politicians leaning left.
“Obama, Begala, and Carville vs. Rush (National review Online)
How curious: Free-thinking commentators Paul Begala and James Carville have each set their sights on Rush Limbaugh in recent days. Begala shamefully called Rush a “corpulent drug addict” during a Situation Room segment on Friday, and today Carville appeared on American Morning to tout his new column attacking Rush and mocking the GOP for being beholden to a radio talk show host.
Coincidentally, these media analysts just happened to pick up on the exact same meme President Obama conspicuously initiated late last month, when he scolded Republicans for Rush’s undue influence over the party.
Boy, these on-message talking points are so well-coordinated, it’s almost as if Begala, Carville, and oh, I don’t know, the President’s Chief of Staff hold daily conference calls, or something.”
Thanks to commentators like James Carville and Paul Begala, Rush has become a marketing tool of the left that have somehow anointed him as the spiritual and philosophical leader of the Republican Party, picking perhaps the most radioactive public figure that they possibly could to try and turn into the face of the Republican Party. They have made him the basis of Democrat talking points, with the typical American Democrat and particularly liberal Democrat buying in hook, line and sinker.
Now anyone that listens to talk radio with anything close to something resembling an open mind, would certainly not agree with all of what anyone has to say. They would also not disagree with everything. You take from it what you will, and that will form the basis for constructive debate. Not the case with what appears to be a laser guided marketing campaign that must have started at the upper echelon of the Democrat Party. It is designed to tear the Republican product down.
Using my humble blog as a small sample of the anecdotal evidence of the Rush obsession, the comments that I get both here and primarily in the discussion groups that I copy it to are all Rush, all the time. Let’s look at some examples:
- i guess that’s why this blog keeps getting shorter…(your saying the same s..t)are you becoming the next rush limbaugh? it seems so…you are all about hype and sensationalism…
- i assume you are miriam limbaugh..correct?..
- i find my comments similar to the minority leader of the gop..rush limbaugh
- …The only people putting politics ahead of country nowadays, ARE right-wing Republicans and their Leader, Rush Limbaugh…
- …I understand. I listen to your leader, Boss Rush. The GOP wants Obama to fail. After all, if his policies end up showing some progress over the long haul, what will happen to the party that got us here?…
- …heavens to Michael Milkin, say it aint so! Really, there was never a need to form the SEC, pass ‘33, ‘34 & ‘40 Acts or Sarbanes-Oxley because, you know, we can trust Corporate America to be honest, ethical and hire all those people who are out of work right now. Just ask Rush! …
- …It seems the only people who believe the Obama is God thing are those ranting that he should have the God-like powers to change in 45 days, what has been screwed in 8 years. OK sure. I guess that’s what those who wear the Rush is God goggles call anyone who hopes he succeeds. nice. …
- …well said Douglas. What ARE the poor neo-cons and Rush Disciples going to do if things stabilize and even show modest improvement under Obama? Who will they blame for all their failed policies and archaic ideologies then?…
Long Live The King: The Democrats Say So
You Looking For Answers? Keep Walking!
Posted in Bailout on March 12th, 2009 by halthouse1 – 1 CommentFrom The Political and Financial Markets Commentator
Secretary Geithner Speaks To The Democrats
I hate to have to keep bringing up the inadequacies of Tim Geithner, but because he is in charge of a little thing like saving the economy and banking system of the free world, I feel like I have to. In a dinner Monday night with House Democrats, it appears that he was able to tell them everything that he has been able to tell us about the plan to fix the banking system and the financial system: Not much. Some of the comments that were allegedly made by the guests are equally instructive as to the mentality of our legislators.
To their credit however, in their never ending goal of self-sacrifice for the benefit of the taxpayer and in an effort to save money for our cash strapped society, dinner was held at a restaurant providing good food at a good price.
“Treasury Secretary Timothy Geithner tells House Democrats that White House efforts to fix the nation’s economy are working — but he’s also urging them to be patient.
Geithner met with Democrats in a closed session Monday night, where one lawmaker urged the administration to “Hurry, whatever you’re doing, please hurry.”
Members interviewed after the meeting say it reflected the political challenge they faced — explaining the policies of a president of their party to a public angry over bank bailouts and an unending recession.
House Democratic Leader Steny Hoyer of Maryland compared the current economic situation to a crippled ship, noting that “The boat is not taking on more water, but you haven’t yet pumped it out.”(KVEWTV.com)
As you can see from the 3rd paragraph the focus is still on the political ramifications of the medicine, rather than the critical nature of the medicine itself. Wrong focus because they will be answering far tougher questions if this crisis is not resolved.
Nice stock market rally on Tuesday led by comments out of Citigroups Pandit. There were also comments made by Barney Frank regarding the re-institution of the uptick rule for shorting stocks.
Article 1 Section 6, and the Omnibus Bill
Posted in Article I, Constitution as Written on March 10th, 2009 by admin – Be the first to comment“The Senators and Representatives shall receive a Compensation for their Services, to be ascertained by Law, and paid out of the Treasury of the United States. (The preceding words in parentheses were modified by the 27th Amendment.) They shall in all Cases, except Treason, Felony and Breach of the Peace, be privileged from Arrest during their Attendance at the Session of their respective Houses, and in going to and returning from the same; and for any Speech or Debate in either House, they shall not be questioned in any other Place.
No Senator or Representative shall, during the Time for which he was elected, be appointed to any civil Office under the Authority of the United States which shall have been created, or the Emoluments whereof shall have been increased during such time; and no Person holding any Office under the United States, shall be a Member of either House during his Continuance in Office.”
The above section to the first Article is relatively straightforward. However, it does provide a good introduction into an item the author considers to be an imminent problem. The Omnibus bill is currently being voted upon by the senate. The spending is $410 billion dollars. This represents an 8% increase over last year’s spending for general government functions. This is completely absurd considering the recent passage of the stimulus package, which already increased government spending by $800 billion.
Government revenues are about $2.5 trillion. That’s a lot of money, considering it is about 18% of total GDP. That means that on average every single income earner in the United States is paying on average about 18% in taxes. Now include state taxes and the total average tax burden is about 30%. Even then, the government can’t get its fiscal house in order. The total deficit this year will be well over $1 trillion. That means that if we wanted to pay off the debt we’ll incur this year alone we either need to increase taxes by 50% or we need to cut government spending in half. Now compound the interest, previous debt etc, and we have a very serious problem.
The government has decided that they can spend as much as they want without consequences. How can a government expect its citizens to remain content knowing that the leaders of our nation are driving us straight towards a cliff? Please comment and let us know your frustrations with this government irresponsibility.

