Saturday, July 30, 2011

A 9 Trillion Dollar Horror Tale!

             The following was heard by yours truly on the Rush Limbaugh(?) show. You know, he has the “EIB” network; (Excellence In Broadcasting) for those of you who can’t find/stand his program.
            Now I’ll be the first to agree that Mr. Limbaugh is in the entertainment business and that hyperbole is oft a time-honored approach. As to the veracity of the following, I can neither confirm nor dispute; but it is so darned alarming I’m compelled to pass it on to you.
            Per Mr. Limbaugh, if the Congress of the U.S. of A. were to submit a “debt reduction plan” that was to merely to freeze spending at the 2011 budget levels for the next 10 years, the CBO (Congressional Budget Office) would score that as a 9 TRILLION REDUCTION over the next 10 years!
            Now I for one think that the 2011 budget is probably too high since it is almost 30% higher than the 2008 budget. Even with Obama’s Libyan War, the 30 % increase is just incomprehensible!
            The House and Senate are fighting over 1 to 3 trillion “savings” over 10 years when just freezing spending at the current bloated level for 10 years would produce a reduction of 9 TRILLION!
            If Mr. Limbaugh is correct and his figures, as I’ve quoted them, are accurate, we free citizens of this great nation are in greater trouble financially that I realized!
            I perceive that we may need an even bigger, broader broom to sweep the 2012 elections if we have any chance to keep this noble ship from crashing on the reefs of greedy, power hungry, …. Oh well, you get the idea.

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