Warm Southern Breeze

"… there is no such thing as nothing."

Posts Tagged ‘Jim Lehrer’

Presenting the 60/40 Rule: NO MORE China buying U.S. Treasury Notes

Posted by Warm Southern Breeze on Saturday, October 6, 2012

Mitt Romney, during the first Presidential Debate of 2012, said, “I’m sorry, Jim. I’m going to stop the subsidy to PBS. I’m going to stop other things. I like PBS. I love Big Bird. I actually like you too. But I’m not going to — I’m not going to keep on spending money on things to borrow money from China to pay for it. That’s number one.”

In a previous post I opined how his plan is asinine, because it represents only 0.0012% of the budget.

In a separate post in a different forum, in a thread in response to the topic of cutting PBS, someone wrote that no one (agency) wanted to take a cut, and that Mr. Romney had a valid point about borrowing from China.

That is a concern, and a valid point with which I share similar sentiment, that not only is it bad fiscal policy to borrow, but it is even more dangerous to allow a majority share of any nation’s debt to be held by foreign nations, multinational corporations and others not loyal to the United States. It is a matter of national security, with which the Joint Forces Command Read the rest of this entry »

Posted in - Even MORE Uncategorized!, - Politics... that "dirty" little "game" that first begins in the home. | Tagged: , , , , , , , , , , , | Leave a Comment »

Why Mitt Romney’s Big Bird & PBS “budget saving” is asinine.

Posted by Warm Southern Breeze on Saturday, October 6, 2012

Imagine if the Federal Budget was $1.00.

Then, take a penny, and Read the rest of this entry »

Posted in - Did they REALLY say that?, - Politics... that "dirty" little "game" that first begins in the home. | Tagged: , , , , , , , , , , , , , , , , , , , , , | 1 Comment »

 
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