Fiscal Insanity: Oregon Democrats Vote For $50M For A Park In St. Croix?

All of Oregon’s Representatives, except the lone Republican, vote to spend $50M to purchase beachfront property in St. Croix, US Virgin Islands.

GovTrack: House Vote On Passage: H.R. 3726: Castle Nugent National Historic Site Establishment Act of 2010

How many Oregon businesses and workers benefited from this spending?

That’s OK, the money is coming from the Social Security Trust Fund anyhow. Actually it will come from money borrowed from China to redeem the T-bills that make up the Social Security Trust Fund. (Social Security is now paying out more than they take in, so the government has to come up with the funds to pay back the money we already paid in. But who do you think is going pay the Chinese?)

I guess they needed a place that was nominally in the U.S. where they can loll on the beach. You and I certainly won’t be able to afford to go there.

Boy, It’s A Good Thing That The Democrats “Saved Social Security” During The Bush Years.

next-in-line-for-a-bailout-social-security: Personal Finance News from Yahoo! Finance

Don’t look now. But even as the bank bailout is winding down, another huge bailout is starting, this time for the Social Security system.A report from the Congressional Budget Office shows that for the first time in 25 years, Social Security is taking in less in taxes than it is spending on benefits.

Instead of helping to finance the rest of the government, as it has done for decades, our nation’s biggest social program needs help from the Treasury to keep benefit checks from bouncing — in other words, a taxpayer bailout.

You know, with the problems we are having in the economy due to government meddling in the mortgage area, with the billions poured into a “stimulus” that used political rather than economic conditions to decide who got the loot’ and the continuing support for “Sub Prime” lending, does not lead me to having any confidence that they are going to be able to deal with the SS problem.

The attempt was made during the Bush Administration but not only was it blocked by the Democrats, but they have bragged about it ever since.

Here’s excerpts from testimony by my Representative Peter DeFazio, before the House Subcommittee on Social Security in Feb and Mar 2002.

I am in the middle of a series of 15 town hall meetings I’ve been holding throughout Southwest Oregon to discuss Social Security with my constituents.

If there’s one thing I want those who attend my town hall meetings to take away from those gatherings it’s that Social Security is NOT in crisis. It is a fundamentally sound program that can remain so for the next 75 years and beyond with only minor changes.
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We’re All “Rich” Now.

Bob Hertbert – A Less Than Honest Policy – NYTimes.com

The tax would kick in on plans exceeding $23,000 annually for family coverage and $8,500 for individuals, starting in 2013. In the first year it would affect relatively few people in the middle class. But because of the steadily rising costs of health care in the U.S., more and more plans would reach the taxation threshold each year.

Within three years of its implementation, according to the Congressional Budget Office, the tax would apply to nearly 20 percent of all workers with employer-provided health coverage in the country, affecting some 31 million people. Within six years, according to Congress’s Joint Committee on Taxation, the tax would reach a fifth of all households earning between $50,000 and $75,000 annually. Those families can hardly be considered very wealthy.

This is surprise. Bob Herbert has been one of the most doctrinaire liberals at the NYT. (It’s not like he doesn’t have competition for it though)

Now he’s worried that the increased taxes on medical insurance is going to hit the middle class?

Hello? Have you been so engrossed in your Obama campaign collection that you haven’t noticed what has been going on in Congress the last few months? Are you telling us that Obama’s promise that the tax burden will only fall on “the rich” might have been a little disingenuous?

It might only mean that Herbert feels comfortable enough that the ‘healthcare bill” is going to become law that he can write columns pointing out the problems. That’s insurance for down the road when he gets accused of being oblivious to the tax increases. No one is going to notice then that his column was a couple of weeks too late.

The Health Care Vote. Why I Will Call My Congressman When I Feel Ill.

Health-care Bill: How the House Voted washingtonpost.com

I see that my Congressman, Peter DeFazio, 4th District – Oregon, has voted for the House Healthcare bill. I am not surprised. DeFazio is an unreconstructed Leftist and has never seen a problem that he didn’t think could be cured by higher taxes and more bureaucracy. If you look at where his funding comes from you will see why. Lobbyists and Unions as far as you can see.

Anyhow, I immediately sent him an e-mail informing him that he is not going to be on my speed dial for all problems I have with health care.

Hey, not my idea, it’s his. He decided to inject himself and his cronies into my personal healthcare. So, of course, I’m going to call him first.

Her’s the e-mail I sent. I would encourage everyone whose Representative voted for this monstrosity to do the same.

Congressman DeFazio;

Since you have seen fit to involve yourself in my personal healthcare, it seems only fair for me to advise you that I am putting your office on my speed dial so I can easily reach you with any problems I might have with my health care.

I don’t agree with your vote, but since you saw fit to cast it for this ill-defined, massively intrusive and deficit busting program, you own it.

I will be encouraging as many people as possible to do the same. If you want to take the place of our Drs and Insurance companies, I will comply by deferring to your imputed expertise.

Please don’t start whining about how people, the medical profession and the health care industry reacts to your bill. After all, you and your colleagues seem to think that you are smarter than everyone else. If that is even close to true you will have anticipated every reaction and decided that the cost was worth it.

Deal with it.

DeFazio: Unions And Lobbyists Can Spend Stimulus Better Than You Can.

DeFazio a no on stimulus; Obama still needs him.

Lots of ink and electrons today for Oregon Rep. Peter DeFazio, the only member of the House to switch from voting yes on the stimulus bill to voting no on the second go-around.

As DeFazio told my colleague Charles Pope, the bill is simply too larded with tax cuts – as opposed to infrastructure spending – for him to accept the final version.

What DeFazio means is that you and I, being ordinary people, are too stupid to know what to do with the money. He would like the money to go through his committee so that he can control who benefits. With DeFazio that means Lobbyists and Unions. Since with 60% of his funding coming from out-of-state sources, that doesn’t even mean Oregon Lobbyists and Unions.

With DeFazio, if you’re not kicking some of your paycheck back to the Union, which in turn finds its way into his campaign coffers, you don’t matter.

Voting against it will also give him an out when it blows up.

That’s DeFazio. He’s a “maverick,” meaning that he’ll do his best to pretend to be on your side, no matter what side that is.