Dear Friends,
It seems to me, the upcoming debt ceiling debate could be won handily by the republicans, if they only use some good old down Eastern shrewdness. The debate has been framed by Obama, the democrats and the unbiased media. They have established a false narrative. The future of the United States is at stake, so to allow a false narrative to not only be established, (republicans have no control over the unbiased media’s narrative), but to allow it to become commonly understood, would be tantamount to stabbing the republican voters in the back. Unfortunately the republican Elite specialize in stabbing their base, conservatives and libertarians, in the back. Not only the future of the United States is at risk from the gamesmanship the Elite in Washington are playing, the very threat of the American government defaulting on it’s debt, the US being the World’s bank, puts the whole of the planet at risk as Obama score points on republicans. We are poorly served by both parties in this, the republicans due to their love of the unbiased media and hatred of their voters, and the democrats who push down the gas peddle of spending even as the ultimate debt cliff looms closer…
The unbiased media are working as hard as they can to insure that Obama and the democrats win the hearts and minds of the American people. To the power structure in Washington, Constitutionalists are the enemy, we the people are cannon fodder, in their war against the Constitution. We are to be cajoled, bullied and forced if need be, to agree that the Constitution of the United States is the real problem. The Elite use every underhanded means to this end. They call anyone who brings up the Constitution an extremist. It is perfectly acceptable for an economist to attack a conservative or libertarian, for fighting that the government live within it’s means, but if they attack the policies of democrats, that are demonstrably damaging our economy, they are attacked, even tenured professors are threatened with loosing their jobs if they speak out. The Elite in both the media and Washington have never seen a Right they didn’t want to take away. The debt limit debate is another manufactured “crisis” they can exploit in their war on liberty.
To counter such powerful propaganda and outright lies, Conservative, libertarian and any politician who shuns the progressive agenda, must be wise as an owl and sly as a fox. No matter what the constitutionalists do or say, in an effort to limit the growth of government taxation, spending and intrusiveness, the unbiased media will misquote, demonize and even doctor video or audio tape, to make their point. Newt Gingrich’s Contract With America was called his Contract On America by the unbiased media. To expect different would be foolish.
In order to counter such powerful political riptides, the US House of Representatives should pass a bill numbering priorities to spending… if the debt ceiling is not raised by the deadline. Such as, making debt payments number one, Social Security payments number two and continuing listing all departments in priority, not only for today’s debt ceiling debate but for all that come in the future. Then send it to the Senate.
Harry Reid would have to allow a vote especially as the debt limit ceiling gets closer. With a bill on his desk, to spare the United States and the rest of the World, from the worst case scenario if the limit is passed, even the unbiased media would have to question it. Pressure would mount on Reid both to suppress the bill and to allow it to come to a vote. Obama would want such a bill suppressed because the lack of it gives Obama the upper hand in the propaganda wars. If such a bill were to land on Obama’s desk he would not sign it. Doing so would let republicans off the hook but not signing it would give Obama the blame. Obama would be faced with a political loose loose.
No matter if Harry Reid suppresses this bill, or President Obama refuses to sign it, all the political shrapnel would squarely hit the democrats and Obama. Even the most unbiased media person will be forced to report the truth… (most likely a distorted version of the truth), that a bill to eliminate the worst effects of a debt ceiling, not only for today’s debate but for future debt ceiling debates, being passed in the House, was suppressed by the Senate or was vetoed by Obama. This would infuriate foreign countries and their news outlets, because Obama would be directly threatening their countries as well, with his brinkmanship. The World’s economy would continue to be put at risk by future debt standoffs, a way out was at hand, but Obama and the Democrats stood in the way.
The answers the Elite are giving are simply laughable. (Or they would be if there wasn’t such import in the question). Bernanke, claiming the US should eliminate all debt ceilings, is just plain stupid. That is telling your wife, “The new gold card is maxed out already honey… what we need is an unlimited platinum card.” Clearly this is stupid writ large. The trillion dollar coin idea is just as ludicrous. If the US minted a trillion dollar coin, and deposited it with the FED, it would be instant hyper inflation. The raising revenues siren call is blatantly self serving for the Elite. That is obvious because there is no amount of revenue, the system the politicians have created out of our Constitutional republic, could ever meet the greed of the Elite. For every dollar in gained revenue these reprobates will spend two. More revenue is like tossing more kindling on a fire. It might suppress the flames for a moment but when the fires poke through they will only get higher.
There are always revenues coming in to government from the various taxes. This revenue is sufficient to pay for the most basic services of government like debt service, social security and scaled back defense, the entirety of the bureaucracy would have to be shut down though. The problem comes in when the President seizes the power of the purse from Congress and uses it for political purposes. Power of the purse was given to Congress, intentionally, by the framers of our Constitution. It is supposed to limit the power of the executive. This executive however, has wrested the power of the purse from Congress, largely due to Harry Reid and the Senate abdicating their responsibility to pass a budget. Obama can simply use his power to spend, or as in this case, not to spend, to strategically punish the American people and institutions, ginning up anger against republicans who the unbiased media will be vilifying for Obama’s choices.
The debt limit debate is perfectly suited for Obama to exploit to his advantage unless the House makes a decisive move. Passing a bill into law, that enumerates the spending priorities by congressional mandate, would not only set the World’s minds at rest, knowing the US will not default on it’s obligations, but would return the power of the purse to it’s rightful owners. The spending could be debated without catastrophe looming, and any political backlash would be a worry of all factions, not just the one who wants our Constitutional republic to endure.
Sincerely,
John Pepin
