Tag(s): ; ; ; ; ; ; ; ; ; ; (more...) ; ; ; ; , Add Tags  (less...)
Add to My Group

View Ratings | Rate It

Permalink
View Article Stats      (2 comments)

Red vs Blue Dollars: The Republican Hysteria about the Deficit

Add this Page to Facebook!
Submit to Twitter
Submit to Reddit
Submit to Stumble Upon

Tell A Friend
Become a Fan
Get Embed HTML Code
By (about the author)      
Become a Fan Become a Fan  (2 fans)

opednews.com

Reprinted from a blog by Jeff Schweitzer in the Huffington Post

::::::::

Some lies are nearly bottomless pits of truthtwisting and prevaricatioin, and the Republicans are currently digging several of these pits with no end in sight. Hysteria and hyperbole have gripped the GOP, suddenly worried about government spending after nearly a decade of ignoring the profligate excesses of the Bush Administration.
With passage of Obama's stimulus package, Republicans are newly concerned with the burden of debts on future generations. Breathless proclamations of "fiscal child abuse" and hand-wringing about "robbing our children's piggy bank" are filling the conservative airways. Senator Jeff Sessions (R-Al) said, "Every penny of the plan will be borrowed, and every penny will have to be repaid, with interest, by future generations."
Did this obvious concern arise when funding the Iraq war or the Wall Street bailout? Richard Shelby, the other senator from Alabama, was suddenly curious about the source of funds, saying, "I don't know where the money comes from..." Did he ever ask that question of Bush?
NOW THAT OBAMA IS PRESIDENT, Republicans conclude that debts actually have to be repaid. Wow. Reading from some common script of talking points, Republican congressmen are going before any available TV camera to conclude that "the fiscal stimulus has to be paid for eventually in the form of higher taxes, which will have a negative economic effect in the future."
WHERE HAVE THESE PEOPLE BEEN FOR THE LAST EIGHT YEARS? Let us remember that Bush created a bigger burden on future generations than any president before him. The Republicans under Bush borrowed more from our children and grandchildren than all previous Democratic presidents combined.
Where was Jeff Sessions when our government was borrowing from our children to pay Halliburton? Where was Kit Bond? Where was John Boehner? Where was Patrick McHenry? Where was Richard Shelby? Did these people, now so worried about Obama's spending, sleep through Bush's massive borrowing? Have they already forgotten that THEY ALL APPROVED THE BORROWING WHEN A REPUBLICAN WAS DOING THE SPENDING?
Won't every penny borrowed to prosecute and pay for the nearly $2 trillion war in Iraq have to also be repaid by future generations? Will not that $2 trillion have a negative economic effect in the future? Won't every penny of Bush's $700 billion give-away to Wall Street have to be repaid by future generations? Won't every penny of the record deficits and debts created by Bush and his Republican Congress have to be repaid with interest by future generations?
What is now clear is that Republicans value U.S. currency differently according to and depending on who is spending the money.
Every dollar SPENT BY A DEMOCRAT IS A BURDEN ON FUTURE GENERATIONS, and an example of wasteful government, a slide toward socialism, a horrendous debt to be repaid by our children.
In contrast,EVERY DOLLAR SPENT BY A REPUBLICAN IS AN ACT OF PATRIOTISM, A FIGHT AGAINST TERROR, AND A DEBT THAT MIRACULOUSLY
WON'T HAVE TO BE REPAID BY FUTURE GENERATIONS. Only Democratic debt is an outrageous burden that will destroy our future and must be repaid.
That absurd CONCLUSION IS THE ONLY ONE POSSIBLE IF WE LISTEN TO REPUBLICANS CONSUMED WITH FEAR about Obama government spending, when THEY OFFERED NO SUCH OPPOSITION AND EXPRESSED NO SUCH FEAR UNDER BUSH. According to Republican thought, U.S. currency is no longer simply the Greenback; we now have to divide spending between the Blueback and the Redback, imbued with different powers to either corrupt or defend our country, respectively.
Reflecting the state of our economy, the GOP is now officially intellectually and morally bankrupt, creating a platform built on hypocrisy so blatant that only they can be blind to the inherent contradictions of their opposition to anything Democratic. Republicans have devolved into nothing more than shrill nay saying opponents who neglect to account for their long record of fiscal irresponsibility and massive borrowing. As the party of borrow and spend.
Republicans have zero credibility in offering solutions to the problems they created. The GOP has no credibility in opposing health care spending and/or a stimulus package that effectively repudiates and tries to REPAIR their failures of the past eight years.

Re-posted from Huffington Post blog:


http://www.huffingtonpost.com/jeff-schweitzer/red-dollar-blue-dollar-re_b_168873.html



 

I live in the Pacific Northwest and I am interested in current affairs.

The views expressed in this article are the sole responsibility of the author
and do not necessarily reflect those of this website or its editors.

Contact Author Contact Editor View Authors' Articles

Follow Me on Twitter

 

Share this page: (what's this?)                   Tell a Friend: Tell A Friend

Add this Page to Facebook!      Submit to Stumble Upon      Submit to Reddit      Add This Page to Mr Wong!           NEWSVINE      DEl.ICIO.US      Looksmart Furl      My Web      Blink List     (More...)

Comments

The time limit for entering new comments on this diary has expired.

This limit can be removed. Our paid membership program is designed to give you many benefits, such as removing this time limit. To learn more, please click here.

Comments: Expand   Shrink   Hide  
2 comments
To view all comments:
Expand Comments
(Or you can set your preferences to show all comments, always)

There is Traction in Them Thar Hills of Debt by Jason Paz on Thursday, Jun 18, 2009 at 5:48:02 AM
What are you saying? by John Lorenz on Thursday, Jun 18, 2009 at 8:21:49 AM