They Just Don't Get It!

CNN reporter, Susan Roesgen, really showed her stripes at a recent Tea Party held in Illinois. She questioned one protester who was there with his 2-year-old and asked him, “Why are you here today?” He began replying about how Lincoln stood for liberty but before he could complete his point, she interrupted saying, “Sir, what does this have to do with taxes?... Do you realize that you’re eligible for a $400 credit?” The man asked to finish his point but was again interrupted saying, “Did you know that the state of Lincoln gets 50 billion dollars out of the stimulus?”

Do liberals think people are just stupid? I guess so because that’s how liberalism survives. Too many people can’t see past their own pocket book. The old saying is that if you rob Peter to pay Paul, you can count on the support of Paul. Liberals believe if they pay off enough people, they’ll win support for their reckless budget. Hopefully, the Tea Parties will help bring the danger to light.

Let me tell you what taxes have to do with liberty:

According to the National Debt Clock, as I write this, the national debt is over $11.2 trillion. That means each and every citizen is already on the hook for $36,000 that the government has already spent. Since 9/2007, the debt has been growing an average of nearly $4 billion per day! But according to the Congressional Budget Office, the deficit for this year alone will be a record $1.7 trillion!

That’s not the half of it. Are you sitting down because here’s an eye opener for you; according to Richard W. Fisher (president and CEO of the Federal Reserve Bank of Dallas), “Add together the unfunded liabilities from Medicare and Social Security, and [the national debt] comes to $99.2 trillion over the infinite horizon.”

So what effect does this crushing debt have on our liberty? The short answer is that the cost of this staggering amount is going to enslave our children – literally! Again from Mr. Fisher - “Let’s say… every U.S. citizen who is alive today decided to fully address this unfunded liability through lump-sum payments from our own pocketbooks, so that all of us and all future generations could be secure in the knowledge that we and they would receive promised benefits in perpetuity. How much would we have to pay if we split the tab? Again, the math is painful. With a total population of 304 million, from infants to the elderly, the per-person payment to the federal treasury would come to $330,000. This comes to $1.3 million per family of four—over 25 times the average household’s income.”

Our children, grandchildren, and great-grandchildren are being burdened with a debt they can never repay. Their entire income will not be sufficient to pay even the interest on the debt – never mind any government programs like defense!

Of course, Ms. Roesgen just doesn’t get it. Her take-aways from the Tea Party was that it was an anti-government, anti-CNN event contrived by Fox News and talk radio. What’s especially sad about her “anti-CNN” comment is that the estimated number of protesters attending the various Tea Parties is probably greater than the entire viewing audience of CNN. It is truly a sorry testimony if your network has more protesters than viewers!

So Ms. Roesgen, you can keep your $400 tax credit, your $50 billion in stimulus for IL, your bailouts, and your entire stinking packing for all their worth. The government is supposed to “secure the blessing of our liberty to ourselves and our posterity” – just read the Preamble. Obama and his cohorts wish to leave our posterity drowning in a sea of red ink!