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  • Morning Bell: Big Government, Big Business, Big Problem

    In what Politico is calling “the first whiff of the desperation inside the White House about the slowness of the economic recovery,” President Barack Obama spoke to the U.S. Chamber of Commerce yesterday, claiming: “I understand the challenges you face. I understand you are under incredible pressure to cut costs and keep your margins up. I understand the significance of your obligations to your shareholders and the pressures that are created by quarterly reports. I get it.” No. No, he doesn’t.

    President Obama went on to say, “Even as we eliminate burdensome regulations, America’s businesses have a responsibility as well to recognize that there are some basic safeguards, some basic standards that are necessary to protect the American people from harm or exploitation. Not every regulation is bad. Not every regulation is burdensome on business. A lot of the regulations that are out there are things that all of us welcome in our lives.” Sounds nice. But then the President went on to defend Obamacare, which requires hundreds of new regulations, raises taxes by more than $500 billion, and has already forced the Department of Health and Human Services to grant more than 700 waivers to President Obama’s political allies.

    Any successful market economy does require some basic rules of the road to function. But there is a big difference between a general system of rules that applies equally to everyone and an invasive regulatory scheme that rewards the politically connected. If the President truly wants to “get it,” he should read Bruce Caldwell’s new Heritage paper “Ten (Mostly) Hayekian Insights for Trying Economic Times.” As Caldwell notes, Friedrich Hayek stressed the necessity for clear and certain rules for markets to work effectively, but he also recognized the dangers that government regulations brought to the table. Specifically, Hayek noted that new regulations (1) always target the causes of the last crisis, not the next one; (2) insert uncertainty into the market place; and (3) are hijacked by strong special interests. On that last point Hayek wrote:

    We must finally mention another instance in which it is undeniable that the mere fact of bigness creates a highly undesirable position: namely where, because of the consequences of what happens to a big enterprise, government cannot afford to let such an enterprise fail.

    Caldwell notes that this passage is almost certainly referring to President Jimmy Carter’s first bailout of Chrysler in 1979. Fast forward to Sunday’s Super Bowl and the federal government is still bailing out Chrysler. Even as the company spent almost $9 million on the longest Super Bowl ad in history, Chrysler CEO Sergio Marchionne announced he was seeking a “better deal” on taxpayer-financed government loans.

    This is what happens when big government and big business get in bed together: The taxpayer loses. President Obama went on to claim that all of the government “investments” he is pushing would be for “projects that are determined not by politics.” That is simply impossible: If it is the government that is making the investment decisions—whether they be for high-speed rail, electric cars, or solar power—then those decisions are by definition political. How can the President deny this simple fact?

    The President ended his speech with an abridged history of the New Deal, noting that “the relationship between the President and business leaders during the course of the Depression had been rocky at times” but that at the onset of war, Roosevelt “gathered his family and he explained that he was going to head up what would become the War Production Board. … Not only did this help us win the war; it led to millions of new jobs and helped produce the great American middle class.”

    There are indeed some parallels between the Great Depression and Great Recession. As President Obama noted at the beginning of his speech, today’s Chamber of Commerce supported his Recovery Act, just as 1933’s Chamber of Commerce had supported FDR’s 1933 National Industrial Recovery Act. FDR massively expanded the power and reach of the federal government, causing entrepreneurs to leave their money on the sidelines. President Obama has done the exact same thing. But let’s hope the parallels end there. As President Obama explicitly acknowledged yesterday, the New Deal didn’t end the Great Depression; World War II did. A “War Production Board” where big government and big business are one big happy “family” may have been enough to win World War II, but it will not “win the future.”

    Quick Hits:

    • President Obama’s upcoming budget proposal is expected to increase payroll taxes by as much as $100 billion over a decade.
    • That same budget also includes only $775 million in spending cuts.
    • Responding to frustration with an inequitable economy, Egyptian President Hosni Mubarak’s government announced a 15 percent pay raise for public employees and pensioners.
    • The top watchdog over AmeriCorps has told Congress that he has found several cases of fraud—but that the Obama Administration has refused to prosecute them.
    • Senators Joe Manchin (D–WV), Ben Nelson (D–NE), Claire McCaskill (D–MO), and Jon Tester (D–MT)—all of whom are up for reelection in 2012 and represent states that Obama lost in 2008—are looking for ways to roll back the individual mandate.
    Posted in First Principles [slideshow_deploy]

    46 Responses to Morning Bell: Big Government, Big Business, Big Problem

    1. Ken Jarvis - Las Veg says:

      2- 8 -11 FROM – Ken Jarvis – LVKen7@Gmail.com

      Ben C. Ann Arbor, MI on February 7th, 2011 at 2:26pm said:

      For the LAST time Ken J. I have a family. In order to cover them with insurance and maintain what I had before I turned 65 (basic health care with a $500 deductible) I maintained my policy. My costs went up BECAUSE I (not my family) am now on Medicare A&B plus a cheap supplimental. Not even close to the Cadillac plans enjoyed by unions. Insurance companies do not cover people on Medicare – at least in Michigan. As I see it, I am penalized for being a dad and sixty-five. If I had a choice I would decline Medicare and save $2600.00 a year.

      *** Ben C:

      YOU do have a choice.

      YOU do NOT have to have Medicare,

      but be CAREFUL,

      once you drop it,

      you can NEVER GET it AGAIN.

      ===

      Dave W. Provo. UT on February 7th, 2011 at 10:42pm said:

      Ken J. I am 75 and on all the social hand outs but have a son in college which my previous company insurance would have allowed me to have him on my policy for and additional $51 dollars/month.

      *** Dave:

      You are 75 and STILL CARE FOR A SON?

      WHEN will he be on his own?

      ====

      I can’t add him to medicare or medicade so its $187/month high deduction basic policy with a low cap. My company also dropped me from both health and term life when I reached 65. Had to pay for him as he grew up. And my son’s insurance goes up to $212/month the 1st of March. Can you guess the reason?

      *** Tell YOU Son – To GROW UP.

    2. Merrill Gallion New says:

      Mr. Obama needs to re-read history. Secretary of the Treasury during FDR's Presidency, Henry Morganthau's comment in 1937 that the goverment had spent more money than had ever been spent and the unemployment rate was still what it was in 1933, should be an example for us that government's profligate spending habits must be reigned in or we are subject to the same results of the Great Depression. It is playing out again some 70 years later right before our eyes. What greater rebuttal of the President's policies do we need? Revisionsist history is never instructive.

    3. G. Hugh Bodell says:

      Mr. Obama doesn’t have a clue as to how private industry works. He has never worked a day in his life and is the product of a lifelong free ride provided by those who dictated his agenda. http://www.ghughbodell.com/BooksTreacheryInTurtle

    4. Robert - North Richl says:

      My father remembered when FDR said that his new withholding law – where taxes

      were "withheld" from an employee's paycheck (the single largest loss of freedom in the history of our nation) – was only temporary. My grandfather let his sixteen-year old son know that he would "never see the day" that withholding would be removed. And while FDR is credited with creating "welfare" – his welfare was soup lines, bread lines and building national parks for 5 cents an hour. My, how we have progressed to where the average (reported only by Heritage) welfare recipient receives over $ 36,000 per year and is not required to lift one finger

      (unless they are placing their t-bone steaks, Blue Bell ice cream and Budweiser on the belt at the grocery store). And even FDR was against government unions.

    5. OleProf, Washington, says:

      A minor historical error.The person who "gathered his family and explained he was going to head up the War Production Board" was then-General Motors President William S. Knudsen, not FDR. He was subsequently commissioned as a Lieutenant General for the task.

    6. Dennis Georgia says:

      A lost person will travel in a circle, just as a drwonding man will pull at straws. The dems and obama have almost made the full circle in this mess, they are speaking with a forked tongue, and are telling those that will listen that all is well and good. When push comes to shove all is not well and good. Our country is on a wayward path to a great down fall. We can not maintain this path and hope to survive. In the past carter tried the same things that obama is trying and has forced on us. That path lead to inflation on a great scale, interest that was not believeable, the same holds true today.The dems and obam awill not admit any of this to the people.

      Wwe must put actions to our words, we must show them at the polls that we will no longer allow business as usual. Congress and the Whit House must change course, if not we will force them with our votes.

    7. Robert, North Richla says:

      When FDR instituted the withholding of income taxes from paychecks (the single largest loss of freedom in our nation's history) he said it was "temporary."

      My grandfather informed his son that he would "never see the day" that withholding was removed. And while FDR was the father of welfare, his "welfare" was a bowl of soup, a loaf of bread, or a job working 10 hour days for 5 cents per hour building our national parks. Hey, at least they had to do some work. Today, as Heritage has reported, the average welfare recipient receives over $ 36,000 in benefits. And the only time they have to lift a finger is when they place their t-bone steaks, Blue Bell ice cream, or Budweiser on the belt at the grocery store.

    8. Roger / Clarence, NY says:

      America, for the last 50 years, has "sown to the wind" and is now "reaping the whirlwind." This might sound simplistic or trite. However, no one can credibly deny that the country and its people have consistently and incrementally thrown off all moral and ethical restraints. Jehovah has been maligned on every level of our society. Some have demanded that He get out of all public life and confine Himself to the monastic structures we call churches. Many others have chosen to just turn their backs on Him and live as though He does not even exist. Well, He does exist! And He, alone, can redeem our lives from destruction. And this He will do, if and when we fall on our faces before Him, confess our sin of idolatry and repent and return to the ONE who brought our forefathers out of bondage and established them in this land as a God-fearing people. I've said it before and I'll say it again! We need a nation-wide, God-sent, Holy Ghost revival.

    9. laurie, Hawaii says:

      The "Destroyer-in-Chief" is either clueless or drunk with power to extend his empire to the whole "new world order." He is extremely dangerous. Pray that we can stop his horrific acts against our freedom of enterprise, choice and humanity. WAKE UP AMERICA!!!

    10. ClydeB, MO says:

      How can domestic manufacturing retool factories and hire workers when the market place is flooded with imported goods that has been produced by workers in over populated countries whose payroll is subsidized by US dollars?

      Where will the demand come from? Certainly NOT from unemployed US workers. There is no shortage of things to buy and so long as we subsidize foreign payrolls, there won't be sufficient demand to justify expansion.

      We need to set tariffs on imports from those countrie,s who have the enormous trade surpluses, that would roughly achieve a trade balance, with the collected revenue going excusively to deficit reduction.

      The resultant reduction in imports would bolster domestic production which would add payroll, tax revenue, reduce unemployment and grow the job market.

    11. Scott Carver says:

      When will people realize that this clown in the White House has no idea what he's doing. We need people in government that have SUCCESSFULLY run businesses, and who understand what it takes to make business work. Because like it or not, the United States, at least on a federal level, is a business. A business with obligations to meet, bills to pay, and a fiscal responsiblity towards the shareholders, in this case, the American citizens.

      Let's stop electing lawyers, and career politicians. We need people who have actually lived in the real world, not just inside the political arena. We need people who care more about the people they represent then the amount of money in their campaign chests. People who have fought and clawed their way up to achieve the American Dream, and who know what it takes to achieve it and keep it.

      In other words, We need real people in the seats of government. We can no longer afford to elect these plastic, artificial, corrupt politicians that currently occupy those seats. Had I not done things in the past that preclude me from holding office, I would be campaigning right now on these principles. I am still looking for someone worthy of my backing and support. I know they are out there, if only they would take up the cause.

    12. J. Guidry, Battlefie says:

      Another campaign speech filled with the "can't we all just get along" and phony togetherness of this administration. BS does flow from his mouth and he seems to think no one else has read the health care "reform" bill in its entirety, so he thinks he is safe alluding to things which are not really true.

      Regulations? Bad for business? You betcha. Anytime the government imposes more regulations on any part of the economy, in whatever name of doing good for the consumer, you can bet it is going to slow down the economy and discourage businesses from letting go of hard earned cash reserves.

      And, there is no way this president, nor most of his administration, understands the pressures businesses are under. Nary a one of them has been involved in the private sector of this economy in any capacity. They have no idea what they are talking about, neither does he.

    13. Norm Klevens says:

      When Obama walks into a room, he is the least experienced and that comment from a radio talk show guru was as true as it has been since it was verbalized months ago. The target of my wrath is the unemployment maker, regulation loving, lying president of the United States. Business exists to make a profit for its owners and it is not just another social welfare program. Hiring employees is a risk to the employer as well as to the employee, unless you just want to work long enough to qualify for unemployment. Invest when the demand is nonexistent? The only investment Obama is aware of is not with his money; it’s the tax payer’s money he is squandering. And just what has this liar implemented after speaking the words? Health insurance. “You can keep your doctor; you can keep your insurance company” Just like you can build coal plants, but we will tax you so you cannot operate. Obama gave a speech about “Single Payer” and he said we will get there incrementally. The goal is to eliminate health insurers, just like it is to eliminate coal as a source of energy [and oil too]. These words are the only ones I am aware of that the teleprompter reader has acted on and is still acting on. And the Chamber of Commerce apparently believes the words this time?

    14. Tom Berquist, Pennsy says:

      Obama "GET'S IT" but his agenda is to collapse the economy. Look no further than Saul Alinsky or Cloward & Piven. He just makes speeches like this to buy his administration more time in order for his agenda to take hold. This administration ignores the courts, congress and the majority of Americans to ram this dangerous agenda down our throats. If you do not understand this fundamental goal, of this administration, then it's time to face the facts. They can not hide the laws, directives and executive orders that are treasonist actions toward our country.

    15. ann / st. johns, fl says:

      Yesterday, while at the airport Obama's speech some listening and some not. One word stuck that was he stated I will change the government. How will he do that? Bills goes thru it seems on Fridays or will he continue to ignore Congress, Senate and the American people of what they want.

      When he said I will change the government – first thing I thought was less and less of what American people want and more and more of what Obama wants.

      God Help us All

    16. John, Az says:

      The statement that Jimmy Carter gave Chrysler in 1979 is wrong. The federal government did not give financial aide to the Chrysler Corporation, they gave a loan garrenty to Chrysler,no monies changed hands between the government and Chrysler.

    17. Bruce J. Kolinski says:

      The history of big red nasties that spawned from the belly of the War Production Board makes interesting horror reading for boring sleepless nights.

      The entire U.S. economy is run by political principles, not economic principles. Too bad this same economy, like it or not, is actually governed by real world economic principles isn't it?

      BHO's flatulent ignorance of economics, business and history – not to mention human nature – fuels his arrogance to clownish heights. If this weren't a very real tragedy for our country; a tragedy requiring at least 4 decades to repair (assuming our enslaved children have the will to repair it); it would indeed be a comedy in very bad taste.

    18. Blair Franconia, NH says:

      Obama has multiple personality dissociative disorder when it comes to the Chamber of Commerce. In October, he accused the Chamber, Karl Rove, and others, of using foreign dollars "to influence the election." There was nothing further from the truth. The case Obama criticized in his SOTU last year, Citizens United v. FEC, opened the floodgates for baseless charges like this. The case involved Citizens United, which wanted to air an anti-Hillary Clinton spot called Hillary The Movie, before one of the 2008 primaries. The FEC, acting under McCain-Feingold, banned it because it was thirty days before the election and Citizens United didn't disclose its donor list. Citizens United sued, and the case went to the Supreme Court. The case was argued before the Supreme Court in September 2009, and decided in February 2010, in favor of Citizens United. Can we believe Obama when he says he wants to work with business? There's an old Russian maxim that should work as well with

      Obama as it did with the Soviet Union. "Dovii no provii." Translation: "Trust but verify."

    19. Ppat Huckabee Hope,A says:

      Can you send all the new House of Representatives a copy of 20 Bundlesome Regulations? Is the new speaker of the House really committed to change or like Obama, just camoflague?

    20. David Bess, Carson C says:

      I had to laugh about BHO's justification of the excessive regulations being put onto business. The EPA has decided that milk contains oil and therefore fall under their control. Now all dairy farmers will have to inmplement a "Spilled milk action plan" ,using the guidelines of oil spill plans, and have containment facilities for the milk. This will increase the cost of milk and the burden on the farmers. However it will create more government jobs for inspectors, lawyers, and beaurocrats.

      I'm sure that the dairy farmers never consider themselves to be an equal threat to the environment as the oil industry. But some idiot at the epa found a way to expand his power and kingdom. This was done at the expense of the farmer. So when will we start importing milk (toxic substance) from China.

      All economic system need some controls to protect the populace. But the controls should be guidelines not micro management by the government. What's next? Well there's the problem, no body knows and that uncertianty is forcing companies to restrain their plans for expansion and job creation.

      Way to go BHO.

    21. hal metzger, scottsd says:

      This is the third time that I learned of the President's address to the Chamber of Commerce included the inference that because business entities are now holding large retained earnings and experiencing less Gov't interference, they should begin hiring! Give me a break!! – Economics 101 has never permeated the President's vast and superior knowledge (sic) about the way business works. The business community is sitting on their dynamic economic prowess simply because the President and his advisors are the problem and not the solution. Uncertainty inhibits the release of that potential to supply needs. With a Demo-cratic Senate and Administration, America's economic future is still in doubt!

    22. Pingback: Morning Bell: Big Government, Big Business, Big Problem | Big Propaganda

    23. Nancy, Georgia says:

      Please ignore Ken. He makes no sense.

    24. Jeanne Stotler,Woodb says:

      KEN JARVIS, you owe those gentlemen apologies, your remarks are out of line. My step-father was 54 when my brother was born, my husband was 58 when our youngest son was born, these boys are now men, my brother had a very successful life and was a Co. supervisor in Lee Co. FLA. (Has lost his sight now) my son works for a company that is connected to space programs and the defense of our country from rockets, they did go to school, my mother worked and so did I. Don't make assuptions as to the age of these sons Assume makes an ass/u/me

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    26. Hermes C Liberty, Ne says:

      A good question would be : Are Big Government and Big Spending in the context of today's economy and world whereabouts, manifesting Acts of war? It might be necessary to look closely at this relation. A lien not easy to establish, yet Obamacare is a good starting point in reading events that way.

    27. Bobbie says:

      Every member of the chamber of commerce has to be investigated.

      From post: went on to claim that all of the government “investments” he is pushing would be for “projects that are determined not by politics. ?????

      Gosh, is the president that misinformed to ignore the factual knowledge of government only to be of politics???? It's a political game when government interferes with personal freedom, responsibilities and accountabilities. Especially when government holds no accountabilities and absolutely no reason to interfere.

      Not a fair game when inexperience sets the rules, regulations and mandates so the president doesn't have to use his own pocket change. If the president wants to be a business man, something the Mr. President has never experienced, the president of dignity would remove himself from American presidency to hold accountable for his corrupt business practices or study his job of presidency of America and comply.

      The President is the problem/ Step out of the way Mr. President. Everywhere government exists is a loss of freedom. let businesses freely conduct without your hand. Let all people make their decision to apply or consumer, without your nurturing teat. I don't blame any business owners whom you've put in the position of uncertainty just for "crisis" sake. You are a burden and infringement on all American principles which you see absolutely no value and evidentially in contrast of the honest good of the American people.

    28. Suzanne, Florida says:

      I applaud the Chamber audience for their civility and fortutide while sitting through the President's speech. It was a marvel of platitudes unrelated to anything but his delusions of what our America should be. Speaking to this particular group after the months of thrashing everything they represent speaks poorly for him and arrogance never seen in any president since our beginning.

    29. Charles Nystrom, Sum says:

      Yesterday Obama chided businessmen to invest some of their cache hoard if, for no other reason, they had a moral duty to do so for the good of the nation. Following that, Obama stated he was open to reducing taxes and regulations. Unfortunately, Obama has priorities backwards.

      In the real world government cuts taxes and reduces regulations. If the resulting economic environment is sufficiently attractive, business will invest.

      One more item. Name an instance when Obama promised to grow the economy with private sector jobs, and did so. Don't even consider the word trust. Verify first.

    30. Dwana Townsend says:

      Where has our TEA Party gone? As I watch the events unfold in the middle east, I am amazed at how brave these people are to stand up to their governments. The question I have is do WE THE PEOPLE iof the UNITED STATES have that same courage to get out there and protest peacefully in mass numbers against this regime and ask this President and Vice-President to step down immediately!!!

    31. Dave W. Provo. UT says:

      Dear Ken J. All of us parents who have very right brained children are not as heartless as you. This son made it to the alternative chair of a major classical orchestra but couldn't balance a checkbook. It takes them much longer to learn to live in a left brained dominant world. He had to learn how to learn in very different ways but now he is an honor student in science at a fine college. Thank God for a country that still allows people second and third chances. My relatives in the UK in a similar situation were forced by the Health Authorities to institutionalize their son who had much milder ADS problems. Now to today's HF article– There is no cure in the one shoe fits all approach. Regulations should be drastically reduced and States allowed to experiment or we will end up strangling in endless government forms.

    32. Jerome, Florida says:

      I fear the Chamber (or at least leadership) has now joined the ranks of the bought and paid for. The only capitalism the President is fond of is crony capitalism. The man is a statist who has surrounded himself with other statists. He is driven by an anti-colonialist ideology and it is his stated purpose to remake the country. As always, he reads a carefully crafted speech full of contradictions and paradox while offering false compromise. It is to be expected the President's adoring sycophant press would applaud in agreement. But for the Chamber of Commerce to politely play along, well to say it is disheartening is as kind as I can muster. Really Chamber? "Even as we eliminate burdensome regulation…." should have been cause for at least one Chamber member to vomit uncontrollably in his chair. Much like the AMA, AARP, and the rest of the Obamacare-enabling cronies, the Chamber of Commerce is doing a poor job of looking after member interest.

    33. Henry ,Illinois says:

      By venting our anger in this medium regarding "the community organizer" we accomplish absolutely NOTHING.The thing to do is to get involved in our own communities, organize and try to persuade our neighbors,friends and acquaintances in a common goal to defeat this socialist and the rest of his ilk and throw the whole lot out in the election of 2012.

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    35. KB in PA says:

      Clyde B in MO has really hit the nail on the head. His observations cut straight to the heart of the matter with regard to American manufacturing jobs, AND with regard to the "average" American citizen's dramatically decreasing capacity to purchase, which comes as the result of [a] diminishing incomes and [b] increasing inflation.

      The time is coming, and it is coming soon, when Americans will cease buying non-essentials. As reported just a week or so ago, 11% of American homes are sitting VACANT. That's quite incredible, is it not? But apparently living separately from other family members is becoming a non-essential, by definition. Do we really believe this trend is going to reverse course, sometime soon? I sincerely doubt it. Anyone wanna take bets on how long it will be before the report comes out saying that 20% of American homes are sitting empty?

      And as Clyde B notes, there is by no means any shortage of retail items in the stores. All from China, of course. But there is, even with those low-low-low Chinese prices, a diminished number of buyers … a number that is going to continue to dwindle, as more and more items come to be viewed as non-essential.

      With regard to both of the above-noted factors (disappearing incomes and increasing inflation), I, for one, am convinced we, "ain't seen n-n-n-nothing yet."

      Obama is well aware of this, but he also knows there is no one currently in either Congress or the Senate, possessed of the courage needed to point-blank call him out for the liar that he is … to step up to that Saturday microphone, and really let him have it, to stuff his stupid words right back in his face, and to truly make him look the diabolical nation-destroyer that he is.

      Why, oh why, oh WHY is this man so protected?

      But he is. And so he just blithely blathers on, understanding all too well that no one is going to stop him.

    36. Brad, Detroit, MI says:

      After 2 years, NOW he is going to figure out a way to get the economy moving ? What ? The big government, big spending plan didn't do a damn thing ? Surprise. The government IS the problem, stupid. If I see one regulation canceled or rescinded during the next 2 years I will die on the spot of a heart attack.

      All talk, no action. Please vote this man out in 2012.

    37. Thor H. Asgardson says:

      "New Deal"

      "The depression was the calculated 'shearing' of the public by the World Money powers, triggered by the planned sudden shortage of supply of call money in the New York money market…The One World Government leaders and their ever close bankers have now acquired full control of the money and credit machinery of the U.S. via the creation of the privately owned Federal Reserve Bank."

      - Curtis Dall, Franklin D. Roosevelt's son-in-law, as quoted from his book, "My Exploited Father-in-Law"

    38. Dan, Murfreesboro, T says:

      Get a grip!! We had good credit going into WWII. We are now officially broke, excepting the fact that, right now, we can still print money, stealing it from all those we currently owe money to. We aren't getting out of any hole now with the onset of a war…. We desperately need to cut massive spending from entitlements, and just deal with the consequences. Hopefully there are some economic geniuses out there who can captain this ship into safe harbour. But the sad and horrible truth is simple…. we are going to default on many of the ridiculous promises our liberal and economically irresponsible politicians have been making for the last 70 years; Those who have accepted these unrealistic promises are going to get "burned"; We ALL are. Get ready to experience what all bankrupt people experience; a very tough time for a while. Better us endure this pain than force the international markets to dump the dollar. We won't know pain like the pain we will face if we allow that to happen.

      Best idea? Read the Constitution, learn history, and force our Representatives to adhere to a budget that is WELL within our means, and return to a sound economy. Toqueville saw this economic crisis coming even as our beloved baby country was still in diapers. Once the people figure out they can vote themselves the life of Reilly, why work for it??

      Believe me, I'm not relishing the consequences of these cuts we are going to experience in entitlements, but Geez…. THE BOATS SINKING!!!!!!

      b

    39. Lee-White Tanks AZ says:

      Big Government + Big Labor + Big Business = Big Fascist Enterprise.

      nuff said.

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    41. Yellowbird says:

      Putting lie detector equipment on Obama would blow all fuses. I don't believe he can open his mouth, without a flow of lies.

    42. Sue Marie Detroit says:

      Roosevelt's policies helped the depression last an extra 7 years. The current recession (AKA DEPRESSION) may also last an extra 7 year because of Obama's policies. History repeating itself again.

    43. Bob, Ft. Myers says:

      These Heritage articles would be more enjoyable if they were not strewn full of strange and useless distracting marks that Heritage attributes to software. I use standard hardware and software, so the unwelcome symbols and marks are the fault of The Heritage Foundation alone and should not be blamed on others – which is of course a tactic favored by unaccountable liberals – not true conservatives. If left unresolved, I'll have no choice but to look to THF's competitors for a professional source of news and conservative opinions.

    44. Bob, Ft. Myers says:

      I'll bet the Weekly Standard does not have foreign marks and odd symbols cluttering up their online articles & communications – so what's The Heritage Foundation's excuse?

      Conservatives and professionals don't excuse away real problems – they fix them!

      Fix this problem.

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