Friday, November 30, 2012

The national debt ceiling, falling again.

Rachel Lucas wrote "Let it burn?", regarding the blanket "more of the same debt, debt, and tyranny" proposal to avoid the looming national debt ceiling confrontation -- as Obama pitches in for his next four years of unfettered whatever.

So I wrote Dr.  Coburn, US Senator, Oklahoma.
Dr. Coburn,

I have seen a synopsis of Secretary Geitner's nebulous budget proposal regarding the much anticipated deficit ceiling collapse.

Please agree to Secretary Geitner's proposal with a couple of stipulations.

 1. Immediately defund and abolish the EPA, DEA, ATF (or whatever it is called this week), the Dept of Ed, Dept of Labor, and TSA.
 2. Expire all Presidential appointments in the last 5 years that did *not* receive full Senate endorsement, and place a term limit of 8 months on all future out-of-session Presidential appointments that might, under *any* interpretation, warrant Senate review.
 3. Require the House to ratify *any* change of taxes, fees or penalties under any existing or proposed Federal regulation or law.
 4. Forbid any surveillance of anyone in the United States without a current, specific to the individual, court ordered warrant. Forbid any database of search or surveillance results not pertaining to court ordered searches and surveillance. Forbid secret "No Fly" lists or any other barrier to communication, commerce, transportation, travel or other personal liberty that is not both available for common public scrutiny and managed by publicly identified entities in a public and open fashion, similar to court sessions open to the press and the public.
 5. End the CRA, and any other program intended to redistribute the wealth. ("Don't expect to build up the weak by pulling down the strong", Calvin Coolidge). Tax bundled securities as a separate entity of wealth, at 10% of debt balance per year. The balloon of  debt not secured by tangible assets is a serious threat to national security, and must be reduced to a minor risk.
 6. No more continuing budget resolutions. Require a budget balancing expenditures next year with receipts from last year. No more borrowing it forward.

I think this would be a reasonable response to the Obama administration's requests.

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