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Marie Lozito


May 21, 2011

Marie Lozito is a Registered Nurse, Licensed Massage Therapist, wife, mother, grandmother and life-long conservative. She wrote a text on medical massage and taught at New York College of Health Professions. 

Interested in, and observing politics since 1960, she ran for elected office in 2010. 

 

MISCELLANEOUS MUSINGS

An accumulation of thoughts about a few different topics.


The desire to control one's freedom to pursue happiness was at the heart of the American Revolution. The colonies suffered under economic policies over which they had no say. Today, we see our government growing unchecked, a Federal deficit over $14 trillion and an “entitlement” crisis waiting to smother future generations in debt. Concern about this gave birth to the Tea Party movement and the conservative tidal wave in the November 2010 elections.

The United States is no longer economically "the Land of the Free." According to The Heritage Foundation's Index of Economic Freedom, the United States ranks 9th – not first. It is behind such countries as Denmark, Canada, and Hong Kong ( #1). Our decline from #1 is because of the huge increases in government spending. TARP, Stimulus and QE2, all of which were supposed to combat unemployment and spur economic growth, didn't. Instead the American economy is even more handicapped than before by taxes and regulations that have prevented creativity, productivity, and competition, all of which are at the core of economic freedom. Thomas Jefferson underscored that point when he observed that "a wise and frugal Government, which shall restrain men from injuring one another, shall leave them otherwise free to regulate their own pursuits of industry and improvement."

In The Heritage Foundation’s "Understanding America" series, Kim R. Holmes, Ph.D. and Matthew Spalding, Ph.D. explain why it is so important: “America's founders knew that liberty is about more than just securing political freedoms. True liberty requires economic freedom—the ability to profit from our own ideas and labor, to work, produce, consume, own, trade, and invest according to our own choices.” True economic liberty also includes the risk of failure. Businesses go out of business if they don't manage their risks well and make profits – as they should!

The problem of America's debt has caused our credit outlook to be lowered. "... S&P's lowered credit outlook for the U.S. Like it or not, the highly regarded S&P credit assessment is out there, and when Wall Street talks, a lot of money can walk. Rep. Eric Cantor of Virginia, the Republican majority leader in the House, calls the S&P assessment 'a wake-up call' for those who want to raise the U.S. debt limit without 'meaningful fiscal reforms that immediately reduce federal spending and stop our nation from digging itself further into debt.' ... The public is fully awake now, with neither appetite nor tolerance for drowsy addicts of the Big Sleep." --Washington Times editor emeritus Wesley Pruden

President Obama called for “adult conversation” about the problem. So how seriously are the politicians in Washington taking this crisis? The week after S&P downgraded our credit outlook and with America on target to hit our $14,294,000,000,000 debt ceiling by May 16th (which we did), President Obama spent several days traveling across the West collecting campaign cash and playing golf , Congress headed off on a two-week vacation and Sen. Harry Reid jetted off to China on a 10-day junket with nine colleagues – costing taxpayers millions. In fact the only “adult conversation” I've heard about the problem is Paul Ryan's proposed budget.

So, we hit the debt limit and the Federal government can't borrow any more money. Instead of dealing with the problem appropriately, the Secretary of State is playing bookkeeping tricks to keep everything going unchanged until August. At the same time, he is issuing dire threats about America defaulting on its debts. “The sky is falling! The sky is falling!” - give it a break Chicken Little! America gets about 60% of the money it spends from the revenue it brings in. American debt servicing is about 10% of it's expenditures. Defaulting on its debt is the last thing America should do or needs to do. Just follow the law – creditors get paid first. After creditors are paid, you make the necessary changes in your spending habits so that you live within your means (“your means”=the revenue you bring in). That's how the people do it. That's how towns, cities, counties and states have to do it. That's how the Federal government should do it too! Incidentally, if I were a Federal employee, I wouldn't count on the money they are taking from the Federal employees pension trust funds being returned by the government. Yes, you read that correctly. One of the financial bookkeeping games Secretary Geithner is playing, instead of making necessary changes to the government's spending habits, is raiding the pension trust funds. Anyone else doing that would be put in jail!

One of the few actual jobs assigned to the Federal government by the Constitution is the defense of these United States. There is no doubt that we have an amazing military here in America. The problem is that to be the best, requires upkeep and modernization. Jim Talent, distinguished fellow at The Heritage Foundation and former U.S. Senator explains the problem: “The Navy has fewer ships than at any time since 1916. The Air Force inventory is smaller and older than at any time since the service came into being in 1947. The Army has missed several generations of modernization, and many of its soldiers are on their fourth or fifth tour of duty in Iraq or Afghanistan. The Reserves have been on constant mobilization; many vital programs, such as missile defense, have been cut; and in the past two years, no fewer than 50 modernization programs have been ended.” This is a dangerous world we live in and a strong modern military is an essential to keeping America free.

One of the problems with having people in high government positions who don't seem to understand the need for secrecy on certain subjects is that other people get hurt or killed. It's happened before. Members of Jimmy Carter's administration leaked secret information, and within a few weeks, dozens of agents and informants in Europe and the Middle East “disappeared”. (The “cold war” was still going on then and the communist Soviet Union didn't give gentle interrogations followed by fair trials to suspected informants or spies.) This time it's the SEAL Team Six members and their families who are in danger. The amateurs in the Obama Administration who have “leaked” the names and home towns of the SEAL Team Six members should be held legally accountable if any of the SEAL Team or their families get hurt or killed by radical Muslims retaliating for Osama's assassination. 

 

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