Posted by
Mike on Tuesday, December 28, 2010 1:16:52 PM
http://westernperspective.blogspot.com/
The best thing that could happen to California would be if the state had
to declare bankruptcy. Of course many state bondholders would lose
money because of a bad investment. But so would government workers and
pensioners who are overpaid and reap exorbitant benefits and enjoy
unseemly perks all at public expense.
When the conservative majority finally takes power in 2012 as many of us
are hoping it will, cutting spending will have to start at the top
down. This means substantial cuts in defense spending as a deterrent to
war now that our government has chosen to weaken our fighting forces
and turn them into sissies.
Get rid of the Federal Reserve, IRS, and Homeland Security. This can be
done if Congress and the new president have the will to go back to our
nation's founding principles. A good start is being made by the
incoming Congress in spending time to actually read the Constitution out
loud in its opening session. We must not overlook the national slogan
"In God We Trust".
Congress can lay the groundwork this term to transfer power back into
the hands of the people pursuant to putting subsidiarity into practice.
Overspending states like California, Illinois, New York and New Jersey,
after they default on their bad debts, will have to undergo a
reconstruction process as folks begin to rebuild at the local level.
This will be a painful process, but the only way to right the wrongs of
decades of government abuses of power.
On the brighter side, there will be no more terrorist threats from alien
shores once we take back political power from federal and state
governments gone wild, because Americans have no quarrel with any
foreign nation or people and we can choose to live at peace with the
rest of the world.
On balance, America will come out ahead if we do the right thing today.