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Posted by: nostalgia 1 year, 2 months ago
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nostalgia1 year, 2 months ago
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BOTH sides of the aisle are responsible for this mess!
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Look what Sheila Jackson Lee said - you don't have many members of Congress more liberal than Lee
Notice she actually applauds dismantling depression era regulation!
This mess goes back to the Financial Services Competition Act of 1999
CONGRESSIONAL RECORD: Extensions of Remarks HON. SHEILA JACKSON-LEE
Today I rise in support of H.R. 10, the Financial Services Competition Act of 1999
Today's vote represents groundbreaking financial services legislation that would dismantle many of the depression era laws currently hindering the financial services industry from engaging in a modern global marketplace.
CRA is a success story. Between 1993 and 1997, the number of home purchase loans to African Americans soared 62%; Hispanics saw an increase of 58 percent, Asian Americans nearly 30%; and loans to Native Americans increased by 25%
In Congress, we have spent more than twenty years debating how to update the Nation's antiquated banking laws that prohibit banks, securities firms and insurance companies from entering into another's businesses.
http://64.233.167.104/search?q=cache:BbjQwpXE_UsJ:...-
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vor1 year, 2 months ago
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You are correct! This is no partisan issue. It is the belief espoused by nearly all politicians that we are entitled to spend more than we take in. Both as consumers and federal agencies.
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At least, however, the Dems prevent a greater accumulation of debt by insisting that a reasonable tax is levied. The Bush Tax Cuts (and Reagan's before) both created massive deficits. The can throw in all their fuzzy math but the numbers just don't seem to add up in the end. We must learn to pay as we go. Soon the public would realize that we are in way over our heads and this excessive spending by government and by osmosis, the consumer, would end.-
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nostalgia1 year, 2 months ago
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Govenment spending will never be under control until every single program run by the Feds is honestly assessed for effectiveness. Every program should have a sunset provision - assessed even every 10 years would be better than the current automatic pilot with yearly increases
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Ineffective programs need to be abolished
No new government programs started unless an old program is abolished
How many Federal jobs programs are there?
Are they effective?
No one knows
I doubt that there is a single member of Congress who could list every Federal jobs program and which department runs each one
The Federal govenment is totally out of control-
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wtagg1 year, 2 months ago
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Though you are correct, can you really support what you have just suggested? You seem to focus on social programs and though they are certainly significant contributors to the problem, there are others that demonstrate almost perfectly the principles to speak of above. The war on drugs is a great example as is the Iraq effort. The Pentagon is another area where waste and mismanagement has cost hundreds of billions.
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All programs need to be revised, trimmed, or eliminated. Plan on getting a lot of cut and run comments since that word bite can be applied to any change in the status quo. That is the flaw in embracing the idea for one issue.
The other question is who do you think will work to accomplish such a task? It is obvious from the effort put forth by the republicans from 2001-2007 that one party controlling both the admin and congress cannot do such a thing. Actually, the only thing that has ever come close is the efforts of the Clinton admin and a very budget conscience republican congress. Ironically, accusations are made about the slashing of the budgets for certain programs (which is hardly the case and even if so, were approved by the republican congress) will have a door blocking effect on any attempt to do this now. It is a shame, because as you state, it is needed to get our country back on track and will not come from either of the two main candidates.
Even a candidate like Paul is unlikely to accomplish such a task since he would need to work with congress to accomplish this and each member would see it as taking away something from them and their pet programs. Even Paul's record in congress shows that he has and needs to play the game in bringing back pork and entitlements to those he represents. The only way it will happen is if everybody decides that it is needed. I think there is too much selfishness to ever reach that point unfortunately.-
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nostalgia1 year, 2 months ago
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I'd like to see every single government program re-evaluated
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Congress attaches sunset provisions to some programs - like the Bush tax cuts
Why shouldn't every program be treated the same?
How can government ever be efficient and effective if new programs continue to be piled on top of old programs?
"Ironically, accusations are made about the slashing of the budgets for certain programs (which is hardly the case"
LOL that's just Washington "budget speak"
They decide to increase spending on a program by 6%. Instead the increase is 4%. The next thing you know, members of Congress are running to the cameras complaining that the program is being cut!
Amazing how many voters still fall for that nonsense!
Zero based budgeting and periodic program review would go a long way to stopping this nonsense
I had a House member a number of years ago. I certainly didn't agree with him much of the time BUT he actually campaigned on NO PORK
He never brought back a dime of pork for his district and got elected term after term
Maybe they should switch to "revenue sharing" and let the states decide where to spend the money-
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wtagg1 year, 2 months ago
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I completely agree, but I think that projects like the Iraq effort are part of the government spending that many will attempt to prevent that type of management from being applied. It is a perfect example of a project being created and implemented to obtain certain requirements and goals. The information provided, for whatever reason, is bad/false/misleading/etc..., yet the creators/sponsors of the project want to continue and attempt to create another set of goals, which ironically, are needed due to the implementation of the original project (fighting a new al qaeda presence when one did not exist). Instead of the project being used to reach and obtain goals, goals are created to sustain the need for the project.
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That is horrible project management and can only lead to cost-overruns and total project failure. This is where government has failed us. This type of project management runs rampant throughout the military and social programs.
I could not agree more about the spinning of numbers that both parties take part in. Also the media has much to answer for and when I say media, I mean all media. They are all culpable. It is what allows them to generate huge amounts of income, which is not derived from bringing opposing views together, but by polarizing those views.
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