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The Threatened Government Shutdown Is Caused By Bad Policy By BOTH PARTIES

Posted By admin On October 1, 2013 @ 6:10 am In Featured Stories,Prison Planet,Tile | Comments Disabled

Forget Partisan Rhetoric

Washington’s Blog [1]
October 1, 2013

Preface: Remember what the Founding Fathers said about partisan soap operas [2].

The Threatened Government Shutdown Is Caused By Bad Policy By BOTH PARTIES 011013shut

Image: Government shut down.

While partisans focus on specific things the other side is doing – “Obamacare” and the “debt ceiling” are the buzzwords of the day – the truth is that we wouldn’t be in this budget crisis in the first place if the government hadn’t engaged in bipartisan idiocy by:

 

 

 

  • Fighting a series of wars – which are horrible for the economy [6] – when not absolutely vital to protect against an imminent attack

 

 

 

 

 

 

 

 

 

 

 

 

 


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URLs in this post:

[1] Washington’s Blog: http://www.washingtonsblog.com/2013/09/forget-partisan-rhetoric-bad-policy-by-both-parties-forced-the-threatened-government-shutdown.html

[2] partisan soap operas: http://www.washingtonsblog.com/2011/07/the-founding-fathers-tried-to-warn-us-about-the-threat-from-a-two-party-system.html

[3] directly harms internet companies, Silicon Valley, California … and the entire U.S. economy: http://www.washingtonsblog.com/2013/07/nsa-spying-directly-harms-internet-companies-silicon-valley-california-and-the-entire-national-economy.html

[4] 11 millions users: http://www.dailymail.co.uk/sciencetech/article-2423713/Facebook-users-committing-virtual-identity-suicide-quitting-site-droves-privacy-addiction-fears.html

[5] Encouraging American businesses to move abroad for decades: http://www.washingtonsblog.com/2010/12/theres-a-huge-difference-between-what-is-good-for-american-companies-versus-what-is-good-for-the-american-economy.html

[6] horrible for the economy: http://www.washingtonsblog.com/2012/02/debunking-the-myth-that-war-is-good-for-the-economy-once-and-for-all.html

[7] Creating the too big to fail banks: http://www.washingtonsblog.com/2009/10/debunking-the-too-big-to-fail-myth.html

[8] dooming the economy: http://www.washingtonsblog.com/2013/09/hank-paulson-the-too-big-to-fail-phenomenon-is-unacceptable.html

[9] massive subsidies to the giant banks: http://www.washingtonsblog.com/2013/03/top-banking-analyst-subsidies-to-giant-banks-exceed-780-billion-year.html

[10] saving the big banks at taxpayer expense, : http://www.washingtonsblog.com/2013/02/virtually-all-of-the-big-banks-profits-come-from-taxpayer-bailouts-and-subsidies.html

[11] choosing the banks over the little guy: http://www.washingtonsblog.com/2011/08/by-choosing-the-big-banks-over-the-little-guy-the-government-is-dooming-both.html

[12] saying no to helping Main Street … while continuing to throw trillions at the giant banks: http://www.washingtonsblog.com/2011/01/government-says-no-to-helping-states-and-main-street-while-continuing-to-throw-trillions-at-the-giant-banks.html

[13] large percentage of those bailouts: http://www.washingtonsblog.com/2011/06/ron-paul-one-third-of-fed-bailout-loans-and-essentially-100-of-ny-fed-loans-went-to-foreign-banks.html

[14] see this: http://www.zerohedge.com/article/fed-releases-details-secret-855-billion-single-tranche-omo-bailout-program-just-another-fore

[15] corporate welfare queens: http://www.washingtonsblog.com/2013/03/cutting-corporate-welfare-queens-off-from-the-dole-would-offset-the-need-for-sequestration-budget-cuts.html

[16] massive subsidies to the doomed nuclear industry: http://www.washingtonsblog.com/2013/03/want-to-reduce-the-debt-stop-billions-a-year-in-nuclear-subsidies.html

[17] killing the rest of the economy: http://www.washingtonsblog.com/2011/07/economics-professor-well-have-never.html

[18] Refusing to prosecute criminal fraud: http://www.washingtonsblog.com/2013/03/the-government-has-it-bass-ackwards-failing-to-prosecute-criminal-fraud-by-the-big-banks-is-killing-the-economy.html

[19] destroying the economy: http://www.washingtonsblog.com/2010/10/fraud-caused-great-depression-and-this.html

[20] massive quantitative easing: http://www.washingtonsblog.com/2013/09/bad-government-policy-has-created-the-worst-inequality-in-world-history-and-it-is-destroying-our-economy.html

[21] more than offsets any savings from budget cuts in other areas: http://www.washingtonsblog.com/2013/03/fed-spends-as-much-in-a-month-as-the-sequestration-budget-cuts-cost-in-a-year.html

[22] huge portion of the money from quantitative easing: http://globalresearch.ca/index.php?context=va&aid=25566

[23] here: http://www.zerohedge.com/news/2013-02-09/feds-bailout-europe-continues-record-237-billion-injected-foreign-banks-past-month

[24] here: http://www.washingtonsblog.com/2012/12/quantitative-easing-benefits-the-super-elite-and-hurts-the-little-guy-and-the-american-economy.html

[25] Engineering: http://www.washingtonsblog.com/2011/07/of-course-unemployment-is-rising-government-policy-is-guaranteeing-it.html

[26] “jobless recovery”: http://www.washingtonsblog.com/2011/08/former-labor-secretary-obama-hopes-to-distract-the-american-people-so-we-forget-about-grim-unemployment.html

[27] redistribution of wealth from the little guy to the big boys: http://www.washingtonsblog.com/2009/06/what-a-jobless-recovery-really-means-a-massive-redistribution-of-wealth-from-the-little-guy-to-the-big-boys.html

[28] over-financialized economy: http://www.washingtonsblog.com/2010/08/a-sustainable-level-of-bank-profits-appears-to-be-about-1-of-gdp-higher-bank-profits-lead-to-a-ponzi-economy-and-a-depression.html

[29] runaway fraud, waste: http://www.washingtonsblog.com/2013/02/the-sequestration-debate-misses-the-real-issues.html

[30] corruption: http://www.washingtonsblog.com/2012/05/trust.html

[31] failed drug war: http://www.washingtonsblog.com/2013/03/stopping-the-failed-war-on-drugs-would-more-than-pay-for-the-sequester-cuts.html

[32] Allowing giant corporations to escape paying taxes: http://www.washingtonsblog.com/2012/07/why-you-pay-too-much-in-taxes-because-everyone-from-the-ultra-rich-to-illegal-immigrants-pay-nothing.html

[33] Government Policy Caused the Drought of Unemployment: http://www.prisonplanet.com/government-policy-caused-the-drought-of-unemployment.html

[34] Of Course Unemployment Is Rising … Government Policy Is GUARANTEEING It: http://www.prisonplanet.com/of-course-unemployment-is-rising-government-policy-is-guaranteeing-it.html

[35] Fed Policy Raising – Rather than Reducing – Unemployment: http://www.prisonplanet.com/fed-policy-raising-%e2%80%93-rather-than-reducing-%e2%80%93-unemployment.html

[36] Federal Reserve Policy IS Working … Just Not For America: http://www.prisonplanet.com/federal-reserve-policy-is-working-just-not-for-america.html

[37] Big Banks and D.C. Politicians Doing the EXACT SAME THINGS Which Caused the Financial Crisis In the First Place: http://www.prisonplanet.com/big-banks-and-d-c-politicians-doing-the-exact-same-things-which-caused-the-financial-crisis-in-the-first-place.html

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