Quote of the moment: John Adams, on government debt

December 12, 2012

John Adams, by Asher B. Durand

President John Adams, painted by Asher B. Durand; U.S. Navy image, via Wikipedia

Our second President, the author of the Constitution and Bill of Rights of Massachusetts, John Adams was quite pragmatic about debt — use it when you have to, don’t use it too much. In his first Annual Message to Congress, on November 22, 1797, Adams said:

Since the decay of the feudal system, by which the public defense was provided for chiefly at the expense of individuals, the system of loans has been introduced, and as no nation can raise within the year by taxes sufficient sums for its defense and military operations in time of war the sums loaned and debts contracted have necessarily become the subjects of what have been called funding systems. The consequences arising from the continual accumulation of public debts in other countries ought to admonish us to be careful to prevent their growth in our own. The national defense must be provided for as well as the support of Government; but both should be accomplished as much as possible by immediate taxes, and as little as possible by loans.

Taxes over loans.  Who would have guessed that?

In contrast to some of the things circulating around the internet today attributed to John Adams, he actually wrote this in his message to Congress.


Bernie Sanders’ righteous anger at deficits caused by “two wars, unpaid for”

November 21, 2011

Slightly more complete story at Raw Story:

Sen. Bernie Sanders (I-VT) on Thursday urged the congressional debt committee not to propose any cuts to Social Security, Medicare or Medicaid.

“This country does in fact have a serious deficit problem,” he said to about 200 people packed in the Senate Budget Committee room.

“But the reality is that the deficit was caused by two wars — unpaid for. It was caused by huge tax breaks for the wealthiest people in this country. It was caused by a recession as result of the greed, recklessness and illegal behavior on Wall Street. And if those are the causes of the deficit, I will be damned if we’re going to balance the budget on backs of the elderly, the sick, the children, and the poor. That’s wrong.”


Ronald Banks: Keep EPA’s regulation

August 26, 2011

In a letter to the editor of the Leavenworth (Kansas) Times, July 11, 2011, Ronald Banks makes the case simply, succintly and quite accurately, for keeping regulatory agencies that protect our health and the environment:

Ronald Banks
Leavenworth

To the editor:

As an independent, I often find my political opinions “between a rock and a hard place.”

A big concern is cutting or defunding programs or agencies to save money. I can’t say much about SEC, FDA, or any other alphabet agency, except the EPA. As a retired Registered Environmental Manager, I have some experience dealing with those pesky, business-busting regulations.

I would like to persuade the spending hawks to reflect on why the regulations were enacted in the first place. Pesticides were abused and found in our water, air and accumulated in our food as described in the seminal 1962 book, “Silent Spring” by Rachel Carson.  Hazardous waste dumps were uncovered at Love Canal.

A dump site was also found in Leavenworth.  Water contamination as shown in the movie, “Erin Brokovich,” from PG&E plants in California; not to mention BP’s oil spill.  E. coli bacterial contamination in hamburger, produce and water, lead in paint, smog/particulate smoke in the air, acid rain, constant oil/gas/ diesel spills on land and sea, have been caused by ironical business cost-cutting on environmental compliance.

Just today I learned Massey Energy compromised safety in its coal mine accident that killed 29 workers.

Don’t get me wrong, I know environmental up-keep is expensive; but it is a public good that must be placed in the fixed costs of a business.

It is not that this information is not known to be true, most would agree they want safe water, air and food. Maybe a reason is in our own psychology? I have recently learned in the latest “Scientific American Mind” that a study by psychologist Ullrich Ecker showed that “our memory is constantly connecting new facts to old and tying different aspects of a situation together, so that we may still unconsciously draw on facts we know to be wrong to make decisions later,” (p12).

In a more political way we also like to see the other party hurt, it feels so good that the feeling unifies a party, even if it hurts us all. As long as the EPA is cut and you are passionate for the cuts factual consequences of the cuts and the emotional consolidation of cheer-leading, may overshadow the good of not cutting.  Remember, cuts at the top filter down to our state, county and city; our water, air and food.

Face it. If there isn’t someone guarding the environment, we won’t have a safe and clean environment.

So, what I have said above will be a “hard sell” no matter how good my argument. Let’s not jeopardize the nation’s health for lobbied cost-cutting budgetary reasons.

Copyright 2011 Leavenworth Times. Some rights reserved

Do you agree?


Hard truths about the U.S. economy

June 15, 2011

Robert Reich tells the truth.  Can you be bothered to listen?

Tip of the old scrub brush to MoveOn.org.  Is there any wonder why the would-be oligarchs work so hard to discredit MoveOn.org?


Scary idea: Obama is now the greatest tax cutter in history

April 24, 2011

Why is that scary?  Because cutting taxes as a policy to fix our ills, doesn’t work.

Politicususa explains:

According to the Orange County Register, “For the past two years, a family of four earning the median income has paid less in federal income taxes than at any time since at least 1955, according to the Tax Policy Center. All federal, state and local taxes combined are a lower percentage of per-capita income than at any time since the 1960s, according to the Tax Foundation. The highest income-tax bracket is its lowest since 1992. At 35 percent, it’s well below the 50 percent mark of much of the 1980s and the 70 percent bracket of the 1970s.”

The problem is that the tax cuts have not promoted economic growth and have caused the federal deficit to explode, “Those lower taxes have helped give the U.S. government the lowest revenues as a percentage of gross domestic product of seven industrialized countries surveyed in 2010 by the Congressional Research Services. (The other countries were Japan, Canada, the United Kingdom, Germany, Italy and France.) The U.S. also had the lowest spending as a percentage of the GDP. But with the biggest gap between revenues (31.6 percent of GDP) and expenditures (42.2 percent of GDP), the U.S. also posted the largest deficit as a percentage of GDP – 10.5 percent.”

No conservative would dare give Obama credit.  Is Obama a noble enough leader to decline ownership of the tax cutting title?


Ironic anniversary: Marshall Plan, April 3, 1948

April 4, 2011

Texas Republicans rammed through their radical budget cut program on April 3, 2011 — ironically on the anniversary of another legislative decision made in the depths of deficit spending.

President Truman signing legislation to create the Marshall Plan, 1948 - Library of Congress, Averill Harriman collection

Caption from Library of Congress: "Surrounded by members of Congress and his cabinet, on April 3, 1948, President Harry S Truman (1884-1972) signed the Foreign Assistance Act, the legislation establishing the Marshall Plan. His official statement said, "Few presidents have had the opportunity to sign legislation of such importance. . . . This measure is America's answer to the challenge facing the free world today." The Marshall Plan was a bipartisan effort--proposed by a Democratic president and enacted into law by a Republican Congress in a hotly contested presidential election year. The plan's supporters shown in the photograph are (l-r) Senator Arthur Vandenberg (R--Mich.), Treasury Secretary John Snyder, Representative Charles Eaton (R--N.J.), Senator Tom Connally (D--Tex.), Secretary of the Interior Julius A. Krug, Representative Joseph Martin (R--Mass.), Representative Sol Bloom (D--N.Y.),and Attorney General Tom Clark." Copyprint from The Marshall Plan at the Mid-Mark. Averell Harriman Papers, Manuscript Division

April 3 is the traditional anniversary of the Marshall Plan.  From the U.S. Census Bureau:

SUNDAY, APRIL 3: MARSHALL PLAN

Profile America — Sunday, April 3rd.  One of the major programs that helped to shape history after World War II was signed into law on this date in 1948.  The European Recovery Program — far better known as the Marshall Plan, was suggested a year earlier by Secretary of State George Marshall. It had become clear that the economies of the nations battered by the war were not recovering on their own, and millions of people were not only jobless, but were also going hungry.  The Marshall Plan lasted for four years, distributing some 130 billion in today’s dollars, and helped many nations on the road to recovery.  Recently, the U.S. has given nearly $34 billion a year in economic aid and some $15.5 billion in military aid to countries around the world.  Profile America is in its 14th year as a public service of the U.S. Census Bureau.

Sources:  Chase’s Calendar of Events 2011, p. 204

Statistical Abstract of the United States 2011, t. 1298

Profile America is produced by the Public Information Office of the U.S. Census Bureau. These daily features are available as produced segments, ready to air, on a monthly CD or on the Internet at http://www.census.gov (look for “Multimedia Gallery” by the “Newsroom” button).

SOURCE U.S. Census Bureau

Read more: http://www.sacbee.com/2011/04/02/3523990/us-census-bureau-daily-feature.html#ixzz1IY7ec6mu

On that date in 1948, the U.S. faced the greatest deficits the nation had ever seen, leftover from World War II. Faced with the choice of deeper deficits or no Marshall Plan, Members of Congress chose to borrow the money to rebuild nations hammered by the war,  including our enemies, Germany, Italy and Japan.

What would have happened had the U.S. said “we can’t afford a Marshall Plan?”  Santayana’s Ghost shakes his head.  The U.S. would not have had the aid of growing, free-market economics in France, Germany, Italy, England and Japan, during the Cold War.  Advantages would have been conceded to the Soviet Union and communism, worldwide.

Notice the photograph includes Republicans and Democrats.

What are Texas and U.S. legislators thinking these days?

Resources:


Now is the time for all good citizens to phone legislators for the sake of their country . . .

March 31, 2011

Ready to start dialing?  It’s time to dial to save your country.

MoveOn.org asks Texans to phone their U.S. senators for help:

Dear Ed,

Heads up: Congress is debating a budget plan that would be devastating to Texas. Will you pass this along?

Senators Kay Hutchison and John Cornyn need to hear from all of us about it right now, before they cut a deal in the next few days.

Please spread the word about all of these proposed cuts to Texas:

  • $98 million would be cut from federal funds for clean and safe water in Texas.1
  • 12,000 Texas children would be immediately cut from Head Start, which provides comprehensive early childhood development services for at-risk children ages zero to five.2
  • $391 million would be cut from Pell Grants, affecting all 664,000 higher education students with those grants in Texas.3
  • Job training and employment services would be effectively eliminated for 5,800 dislocated workers, 99,000 low-income adults, and 16,000 youths age 14 to 21.4
  • $10 million would be cut from law enforcement assistance, taking cops off the beat.5

It’s especially galling when the same budget protects tax breaks for corporations like GE and the very rich.

Just last night the news broke that Congress may be close to striking a deal on the budget. Now is the only time we can influence the outcome.

Can you call Sens. Hutchison and Cornyn and ask them to oppose these cuts in the budget? You can pick one of the cuts in this list to highlight in your call.

Senator Kay Hutchison
Phone: 202-224-5922

Senator John Cornyn
Phone: 202-224-2934

Click to report your call. Then pass this email along locally!

http://pol.moveon.org/call?tg=FSTX_1.FSTX_2&cp_id=1547&id=26722-5763840-yqXs_sx&t=2

The cuts that the Republicans are proposing would disproportionately hit those who can least afford it in Texas, and it’s up to us to stop them.

Thanks for all you do.

-Daniel, Amy, Milan, Tate, and the rest of the team

Sources:

1. “House Bill Means Fewer Children in Head Start, Less Help for Students to Attend College, Less Job Training, and Less Funding for Clean Water,” Center on Budget and Policy Priorities, March, 1, 2010
http://www.cbpp.org/cms/index.cfm?fa=view&id=3405

2. “Projected Reduction in Children Served in Head Start Based on H.R. 1—Fiscal Year 2011 Continuing Resolution,” Center for Law and Social Policy
http://www.moveon.org/r?r=207278&id=26722-5763840-yqXs_sx&t=3

3. “House Bill Means Fewer Children in Head Start, Less Help for Students to Attend College, Less Job Training, and Less Funding for Clean Water,” Center on Budget and Policy Priorities, March, 1, 2010
http://www.cbpp.org/cms/index.cfm?fa=view&id=3405

4. Ibid

5. Ibid

Want to support our work? We’re entirely funded by our 5 million members—no corporate contributions, no big checks from CEOs. And our tiny staff ensures that small contributions go a long way. Chip in here.

Meanwhile, the Texas House of Representatives scheduled the start of debate on H. 1 for Friday, April 1 — the budget resolution that would gut Texas schools and higher education, and set Texas on a course of decline that will make California’s troubles look serene by comparison.

NEA’s Texas affiliate, the Texas State Teachers’ Association, asks teachers to call their Texas representatives to weigh in against the drastic budget cuts (and you can call, too):

March 30, 2011

House Bill 1 is an assault on the public schools!

This Friday, April 1, the Texas House of Representatives is scheduled to begin debate on House Bill 1, its version of the state budget for 2012-2013. If this bill were to become law in its present form, it would cut almost $8 billion from public education and, with it, tens of thousands of school district jobs.

Unfortunately, this is no April Fool’s joke.

It is, instead, the proposal of a state leadership that would rather plug a huge hole in the state budget by firing teachers, packing kids into overcrowded classrooms and closing neighborhood schools than by adequately investing in our state’s future.

NOW is the time to call your legislator and let him or her know what these budget cuts will mean in your classroom, your school and your community. We must stop House Bill 1, and your call is critical!

To contact your state representative, call 800-260-5444, and we will connect you [That's the number for TSTA members, but try it -- I'll bet they'll accept your help!]. You can call any time, day or night, but you need to call before Friday. Leaving a voice message with your representative’s office is just as good as talking to a staff member.

It is important to include the following points in your conversation or message:

  • Your name, that you are a TSTA member and that you live and vote in their district.
  • An overwhelming number of people in your community – parents, teachers and other taxpayers – oppose cuts that would harm public schools.
  • Your own story, how laying off educators, cramming children into crowded classrooms and closing neighborhood schools would have a harmful impact on your students and community.
  • Ask your representative to find the revenue necessary to avoid harmful budget cuts, restore full education funding and end this assault on our public schools.

This will take only a few minutes of your time, and it will be time well spent. Your representative needs to hear from you before Friday!

Pick up your telephone and strike a blow for freedom, democracy, education and sanity in government.


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