Wednesday, July 6, 2011

Debt Ceiling - #3053 - Thomas Sowell - Politics Versus Reality - Real Clear Politics

It is hard to understand politics if you are hung up on reality. Politicians leave reality to others. What matters in politics is what you can get the voters to believe, whether it bears any resemblance to reality or not.  Not only among politicians, but also among much of the media, and even among some of the public, the quest is not for truth about reality but for talking points that fit a vision or advance an agenda. Some seem to see it as a personal contest about who is best at fencing with words.  The current controversy over whether to deal with our massive national debt by cutting spending, or whether instead to raise tax rates on "the rich," is a classic example of talking points versus reality.  Most of those who favor simply raising tax rates on "the rich" -- or who say that we cannot afford to allow the Bush "tax cuts for the rich" to continue -- show not the slightest interest in the history of what has actually happened when tax rates were raised to high levels on "the rich," as compared to what has actually happened when there have been "tax cuts for the rich."  Read more......... Article contributed by Steve Peters.

Mark Levin: If Obama Seizes Congressional Power to Borrow and Spend,  He Should Be Impeached - The Right Scoop -   Democrat Chuck Schumer said recently that it is being talked about that Obama should override Congress and borrow more money if Congress refuses to raise the debt ceiling, which Levin says is clearly unconstitutional. Levin goes further to say that if Obama were to actually do this (and he doesn’t believe he will), he should be impeached and Schumer who advocates it should be kicked out of Congress.  On the debt ceiling, Levin implores Republicans to stand firm, noting that Obama has everything to lose including his agenda in this fight over the debt ceiling.  Here are a couple of quotes from this fiery segment:  If Barack Obama attempts to destroy the Separation of Powers doctrine, if he intends to seize Congressional power when it comes to borrowing and spending despite the plain wording of Article 1 Section 8 Clause 2. In other words if he’s going to violate his oath of office…then he needs to be impeached.  Should he attempt to seize explicit Congressional power, we’ve got to make a case that we don’t like dictators in this country and that we will not accept dictators in this country. There’s not even a colorable argument that can be made that justifies the President of the United States seizing for himself the authority to “borrow money on the credit of the United States.” And should Chuck Schumer continue to urge this and should the President do it, then Chuck Schumer should be expelled from the United States Senate when the Republicans take it back over as they will.  Listen to audio from his radio show........

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