McHenry, McCarthy accelerate our country’s trip down the drain.
Imagine that your spouse has maxed out TEN credit cards, and is attempting to sign up for ONE more. There’s absolutely no discussion about cutting expenses or paying off that massive accrued debt. Most of us would label that kind of behavior as insanity.
But that is merely Business-As-Usual for the “honorables” we send to DC every two, four, or six years. They feel no pressure to actually cut spending. Their only focus is to SPEND MORE. When they hit the credit limit, that is when they alert the media and start scaring us with this “debt ceiling crisis” talk. It’s not just Democrats doing it. Most Republicans are in on the scam, too.
In case you didn’t realize it, our nation is buried under more debt than can possibly be repaid in a generation. In a private residence or a private business, there would at least be some serious attempts to cut operating expenses in order to get that debt under control.
In DC, they view spending as a way to buy job security. Most of them couldn’t land or hold a real job out in the real world. We keep voting for them, as long as the checks keep coming.
The “debt ceiling crisis” reporting focuses mainly on scaring the hell out of veterans and retired folks — claiming that they won’t get the monthly payments they count on. THAT is complete and utter bullcrap.
Both national parties have wrecked our economy to such an extent that our currency actually isn’t worth much more than the paper it’s printed on. Foreigners are recognizing that, and are moving away from the US dollar — which has been the standard for international business forever.
Our last best hope in DC is the House Freedom Caucus. Its members held the House’s feet to the fire during the election for speaker. They got roasted for their efforts, but got some constructive concessions. Kevin McCarthy got his post, and began at least saying some things we wanted to hear.
It wasn’t long until the “debt ceiling crisis” reared its head again. McCarthy sounded like he was going to get tough with Joe Biden, but appointed our very own Patrick McHenry to lead the House negotiators. It’s amazing that there has to be negotiations over the idea of living within one’s means.
McHenry is, for lack of a cleaner and better word, a dolt. He’s never held a real job. He’s apparently really good at the art of shuck-and-jive, shaking people down for cash and conning them into voting for him. McHenry claims the insufferable Maxine Waters as his BFF in DC. McCarthy made him Banking Committee chairman. Just days before the last bank collapse, McHenry was in one of the now-deceased banks’ NYC boardrooms shaking them down for cash.
McHenry has regularly, year in and year out, been one of the — if not THE – most liberal Republicans in North Carolina’s delegation to Capitol Hill. He follows close behind the GOP leadership in DC, apparently without an iota of concern about what the folks back home want. *Hey, getting wined and dined and PAID is a lot of fun. If you have to wreck the country in the process, well, so be it.*
One of our last best hopes in DC is congressman Dan Bishop. Dan is a member of the House Freedom Caucus, and was instrumental in extracting conservative concessions from McCarthy at the beginning of the year. Congressman Bishop is the only one we’ve sent to DC who apparently has the guts to speak up for the little people back home:
You’re right about everything except McHenry being a dolt. That title is reserved for Republicans of NC-10.
Being a Republican from district 10, who else are we going to vote for???
I for one did not vote McHenry.
In fact, I didn’t vote for anyone for house rep because there’s no one that stood a chance to beat McHenry!
He has too much backing by the RINO’s and too much financial support from them for anyone else to stand a chance!
What’s a republican conservative Christian supposed to do???
I’ve been in McHenry’s district for almost 14 years. I’ve slowly gotten more and more disgusted with how Mr. McHenry represents us. His motto must be “don’t rock the boat,” for he never really fights for anything. He is content to travel the district, shake hands with the common folk and get his photo taken with each group. But at the polls we are never offered any alternatives to Patrick McHenry. I’ve stopped writing to him. Occasionally I was called by an aide to enlarge upon my opinion, but nothing ever changes. He brags about “getting along” with the opposition. Doesn’t he realize that Maxine Waters does not make a good friend. She is a traitor to the Constitution and the Republic. If he voted to accept the 2020 election results without further investigation, so is he!
I understand the debt/deficit issue very clearly and “know”, not just suspect, the lack of concern in most of the Congress. (Dan Bishop is one of the few that knows what is really going on).
We are being conned by a fiscal policy that has been used 100,s of times throughout history. It is now being named: Modern Monetary Theory. The problem is that every time in history it has been made a nation’s fiscal policy is has always failed leaving behind a small group that gets richer and a lot of those who loose everything.
MMT has two primary tenents; First, a nation that prints its own currency can never go bankrupt and second, national debt is irrelevant.
We like to say that this reckless printing and spending will bankrupt this nation, but in actuality, we can always print more money to cover our current debt. Anyone who is interested in finding out how this is done please read; The Creature from Jeckel Island – a commentary on the Federal Reserve System.
As for a nation’s debt being iirrelevant, for those followers of MMT, debt can be just covered by more printing which is what is being done now. Think about it a minute, what does Congress do when the run out of money? [For those who are unaware, borrowing from the Federal Reserve is the same as printing]
I am not an advocate of MMT just the messenger trying to warn others of what is happening.
So anyone does not have to look ahead ill give you the end of the story – slow but then faster INFLATION turning to hyperinflation and the eventual collapse of the currency. (Isnt it curious that the USA is developing Central Bank Digital Currency). It has happened 100’s of times before and the USA is not immune from this . Slowing down the economy with higher interest rates will not reverse inflation just slow it until the next group of politicians want to jump start the economy and inject more money into it. Then it starts again.
The best that I can hope for as a State Representative is that North Carolina prepare and we work to send competent people to Congress.
Some commentator remarked that the U. S. dollar is now worth 16 cents. Other countries in the world saw the writing on the wall in 2008 and actively sought ways to get around using the US dollar. This BRICS group is adding members quickly and growing. In case anyone noticed it, nobody wants the dollar any more, a currency that once was sought the world over. Our self-sufficiency is non-existent. What going to happen when we can no longer get the products we need through international trade. Representatives should be working to give U S citizens currency back by gold, silver, or precious commodities. Cash should be added to the economy only when production rises. I can’t believe that intelligent people believe that there’s no such thing as bankruptcy and we can just keep printing money forever. Oh, I forgot; you guys can lie to the public!
Aside from the Declaration of Independence, the Constitution, and the Bill of Rights there is very little print out there that is as importantly enlightening as The Creature from Jekyll Island. Control by “We the People ” of this country’s destiny was lost in 1913 when Congress forfeited the power of the printing press to private bankers. Interesting that Congress piled the IRS on us that same year.
I would almost be willing to bet that less than 2% of all legislative electeds at State and Fed levels have not read The Creature from Jekyll Island by J Edward Griffin. I did so almost 15 years ago. As bad as my aging memory can be that read has stuck with me as has The FairTax book that Neil Boortz and Sen John Lender penned. As it is, until, the IRS is abolished Big Brother will trump “we the people” instead of the intended vice-versa.
McCarthy got rolled on this bad deal. We need the fiscal conservatives in our NC delegation to stand against this big spending, big borrowing fiasco. It may also be time to start looking for a new Speaker who will not snatch defeat out of the jaws of victory. McCarthy clearly is not up to the job.
Amen
This happens every two years, without fail. The Republicans cave and settle for a few crumbs. Meanwhile, the massive welfare and warfare state marches on. Everyone in Washington is happy. The folks back home….screwed.