Massively Indebted, Budgetless Government Decides To Let The Taxes Ride With The Spending
Posted on | August 2, 2012 | 17 Comments
by Smitty
I’m not asking to have my taxes raised, or to watch the stake go through the heart of the economy. But Congress just kicked the fiscal can down the road again:
Yet, in a sign that Wednesday’s vote was more about message than substance, the House made no move to launch a formal House-Senate conference committee to resolve the differences between the bills, and there is little expectation that serious negotiations will take place before the election. The rates expire at the end of the year.
I don’t know how many senior GOP heads read this blog, but the message had better get through:
If the GOP holds Congress in January, the junk has got to stop.
If there is any GOP control, it shall have been a result of the Tea Parties. And if I have any feel at all for the pulse of the Tea Parties through blogging, &c, the Tea Parties are going to slice like a hammer on the GOP if the Ruling Class, beltway shenanigans continue. All the weight of the derision currently poured on #OccupyResoluteDesk and the rest in the blogs, on Twitter, at protests, and so forth is going to get trained on the GOP if there is not a total come-to-Beavis moment for the GOP. The GOP shall have played a populist fiddle to be returned to power. Said fiddle shall make a most ‘unexpected’ suppository if the people don’t see, as a going-in position:
- Significant federal government agency amputations, and corresponding budget cuts. Two words: enumerated powers.
- A budget.
- A tax code that doesn’t make the complexity of the theory behind the Higgs Boson look like a haiku by comparison.
- An admission that the entitlements really are only exceeded in sheer fantasy by the Global Warming crap, but not by much. Dust off the Bush reform plan for Social Security, and make it happen.
- An amnesty plan for the Federal Reserve staff, followed by a thorough air-clearing. Let the thieves retain their lives, in exchange for the truth about what a wretched failure the Federal Reserve is. Then some sane reform.
- In general, an honest, sober take on government.
It took a century to dig this hole, and there is no reasonable way out within a Congress; a Presidential term; a decade. But you guys are on notice that if we’re not at least on a different course, pronto, you’re toast.
Update: more at Reason via Insty.
Update II: linked at WyBlog.

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