© 2011, Pontificus. All rights reserved.

© 2010, Pontificus. All rights reserved.

Hold Onto Your Wallet!

In yet another act of “unprecedented transparency”¹, the Democrats have driven a bill through Congress that has now been signed by Obama (D) to raise the Congressional Credit Card limit to a staggering $14.294 TRILLION without the benefit of CSPAN capturing a single second of the closed door discussions.²

The vote in the Senate was taken just in time before the newly baked Senator Brown (R) from Massachusetts were to be sworn in, since he might have forced actual debate on the issue. It was simply safer for Reid (D) to drive the vote while the Massachusetts state officers with (D)’s behind their names were doodling and claiming that it just takes time to create the necessary documentation for Brown (R) to be sworn into office.³ After all, even when the results are not contested, it’s important to dot those t’s and cross those i’s, especially when a guy with an (R) is the topic, and not someone with a (D), isn’t it?⁴

Those in the Senate with (D) behind their names even claimed to wait for Brown (R) for any important vote, such as that on healthcare.

It must be that the (D) people don’t think that agreeing to spend $1.9 TRILLION is not an important vote. Interestingly, if $1.9 TRILLION doesn’t make the cut, but a healthcare plan supposedly costing $1 TRILLION or thereabout does, then is that an indication that the REAL cost of the healthcare legislation is far beyond $1.9 TRILLION? Harry (D), Nancy (D), please explain.

As we reported previously⁵, this bill increases the national debt “limit” by more than it has ever been increased before, both as a percentage of the total, and as an absolute number. Not even during the dark days of World War 2 was such a dramatic increase necessary.

So what’s different? A looming 2010 Congressional election disaster for those with a (D) behind their names has Harry (D) and Nancy (D) running scared, and Obama (D) can’t help but agree. With Brown (R) in the Senate now, Reid (D) might not have been able to push this (D) looneylaw through Senate, or at least not without some semblance of debate.

Yesterday, following up on his transparency pledge, Obama (D) chose to leave those pesky cameras outside yet again, and proceeded to sign this monster into law. All hail the chief, the Congressional Credit Card is safe from those pesky guys with (R) behind their names.

© 2010, Pontificus. All rights reserved.

Spending your way to debt bondage

In the sea of self-righteous proclamations by Democrats in Congress to wait for the new Republican Senator from Massachusetts before engaging in further healthcare debate, the same induhviduals have carefully neglected to discuss the real elephant in the room. Namely the national debt.

The reason is now obvious. Harry Reid and company clearly wanted to pass the biggest increase in the national debt ever, and saying that they would wait for Brown on such a key issue would have made them liars.

So there it goes, a $1.9 TRILLION dollar addition to the national debt, care of the Democrat Senate.¹ The vote was on party lines, 60-40, and would have failed had Reid waited another few days.

To put this number in perspective, it represents about 53% of the 2010 federal budget, as submitted by the biggest spender ever to occupy the White House. It also increases the national debt by a whopping 15%, the biggest percentage ever, in addition to by far the biggest absolute value ever. And it increases the direct national debt to $45,000 for every American man, woman and child.

This vote by the Democrat controlled Senate shows that Democrats with Harry Reid at the helm take issue with Brown, who might have taken away their credit card and impacted their freespending habits. Should the Democrat controlled House concur that the credit card limit should be raised by this whopper, the Democrats lead by Reid, Pelosi and Obama will be free to spend their way into the worst possible future for the American people. Namely debt bondage.²

© 2010, Pontificus. All rights reserved.