The ‘Fiscal Cliff’. Of all the shameful travesties that have come forth from a federal government that neither the founding fathers, nor any other American leader of substance would recognize, the ‘Fiscal Cliff’ ranks near the top in terms of cowardice, foolishness and gross negligence.
On the odd chance that the Fiscal Cliff hasn’t come on your radar screen or been explained to you, I’ll outline it in the barest of terms with the use of an apt analogy. It is a juvenile game of ‘Chicken’, materially similar in all respects to those macho / idiotic / suicidal drag races depicted in Hollywood teen exploitation flicks.
Two drivers line up about 300 yards or so from a deadly cliff, point their Hot Rods toward it and rev their motors. Then someone drops the flag and off they race. The racer who shuts it down and slams on the brakes first, loses. That’s right, loses! In my book, the person who suddenly gains wisdom and has an epiphany that such a contest is insane, is the winner, but I told you the game was idiotic. He, the schmuck who opts to save his skin, then is branded the ‘Chicken’ – henceforth the title.
The ‘Winner’ in more than a few cases, is the idiot who is too ‘brave’ to mash down on the left side pedal before the other man does and in winning, loses his life. Some kind of hero, eh. That’s one version of the ‘Chicken Game’ race. The other similar variant has an even more moronic intended outcome and is even more prone to tragedy. Perhaps it’s not tragedy, really. Maybe its just eliminating stupidity from the gene pool. But I digress. This version is immortalized in the legendary movie, ‘Rebel Without A Cause’. I’ll not waste my time attempting to describe something that can be done better justice by a clip of the actual scene itself:
If one were to look for a pool of contestants moronic and irresponsible enough to let circumstances play out in a similar manner with our nation’s finances, one need look no further than Congress. Both parties have proven that they should have their driving privileges revoked and the keys to the car taken, but we who vote and those that don’t are the lazy and delinquent parents that continue to indulge these spoiled and insolent little monsters’ every whim, while remaining focused on entertainment and diversions. I believe ‘Bread and Circuses’ was what it was known as, in another great empire that exists now, only in the pages of history.
Some of you who might still be sitting in the GOP ‘fan section’ of the stadium, will feel that I am unfairly lumping Republicans in together with those big spending Democrats as I cast a net around the fools. After all, you say – “it’s the Democrats that only want more taxes to close the deficit, not less spending”. While that is reasonable as a gross simplification, I’m not giving Republicans a ‘get out of jail free’ card on this one. The reason that the Fiscal Cliff looms large (and uncomfortably close) at this time, is because Republicans have a noodle where a spine should be.
There’s a point at which a line must be drawn in the dirt and it gets crossed with the result of fists flying, not cars headed toward the edge of 1,000 feet of nothing but air. Not so with this bunch. No, instead, the GOP draws the line in sand, then the wind comes along and nobody knows where or even if there was a line. We don’t even know if there is one now. But there’s still a cliff.
That’s because instead of standing firm in the face of the Democrats’ threats of a government shutdown, the Republicans caved in, August before last and agreed to the Budget Control Act of 2011. Fiscal Conservatives got nothing out of that debacle, but the United States still got its credit rating downgraded. The nothing we got was any spending reductions, which is the only thing of value in any such ‘Budget Control Act’. Without that, it’s just an ‘act’, and a bad one, at that. What’s largely if not entirely missing from any of the media kibitzing about this budget morass is that the spending side of the equation is the side that needs dealing with. How more obvious can it be when the national debt is nudging it’s way towards $17 Trillion?
I don’t want to neglect mentioning a central player in all of this. He plays the role of Natalie Wood in the movie clip. He is the cheerleader for the Democrat punk in the Hot Rod to Hell on your screen right. I refer to none other than Barack Hussein Obama. Senator Jeff Sessions of Alabama comments thus:
“I rise today to express my reservations about the fiscal cliff negotiations that are currently underway,” said Sessions. “Over the last two years, Congress and the President have held an endless series of secret negotiations. There have been gangs of six and eight, a supercommittee of 12, talks at the Blair House and the White House. But the only thing these secret talks have produced is a government that skips from one crisis to the next. Everything has been tried but the open production of a 10-year budget plan as required by law and open discussions of the difficult choices.”
The ‘Debt Ceiling’ is that mushy ‘line in the sand’ that I was referring to earlier. The spending track we’re on is unsustainable. Maintain it and you can tax everyone at 70% of their income and ends still will not meet. This is the uncomfortable truth that needed to be hammered home incessantly into the feeble brains of the sheeple known as the American electorate. Open the vault and show them what is and isn’t there. Scarce little Gold and assets, but massive debt and a printing press cranking out more paper, making the paper in their wallets worth less by the minute. Peter Schiff, CEO and Chief Global Strategist of Euro Pacific Capital Inc. told CNBC this month:
“Ben Bernanke is a much bigger threat to the U.S. economy than the fiscal cliff. In fact, if it wasn’t for his accommodation,all the QEs, we wouldn’t have to go over the fiscal cliff. In fact, ultimately because of what the Fed has done, we’re gonna have to go over a much bigger cliff, as part of the solution to solve the problems that the Fed helped create by allowing the government to get so big. But I think if we avoid this cliff—which is a mistake, we actually need a bigger cliff that has a lot more government spending cuts—but if we get a deal, which I think likely we will do because politicians want to pretend that they saved us from this phony crisis so they set us up for a bigger one… it means that trillion-dollar-plus deficits will perpetuate and these big deficits are what is undermining the dollar because the Fed has to print money to finance them… all the ‘fiscal cliff’ means is that we have to start paying for all this government… so if the politicians want to spare us from this fiscal cliff, then cut government spending so we don’t have to pay for it.”
Mr. Schiff hit the nail on the head. The problem only metastasizes the longer a treatment is delayed. Our overstuffed government pig has lots of slop that it greedily consumes and which it shares with a multitude of other eternally voracious pigs. The government pigs and the others it entertains as permanent guests at the dinner table are too expensive to keep feeding. I’m not going to roll out the list of pigs at this juncture. Look at the entire list of government expenditures and useless, unconstitutional cabinet agencies and you’ll know what I’m referring to. But don’t assume that I’m merely alluding to welfare recipients when I mention pigs. The porcine family has lots of relatives on both sides of the railroad tracks.
I’ll tell you what I see in my smoke ring dreams. I imagine a man or woman with a plan to run for and serve in Congress. This person is intelligent, articulate and can not only educate people, but can sum up a problem and sensible solutions to said problems in brief, for those with a short attention span. But – we already have some of those. My critical and indispensable requirement is that they are painfully and brutally honest when they talk about answers. Kind of a political version of Jim Carrey’s character in ‘Liar,Liar’. They must be willing to touch all the ‘third rails’ without fear.
With wanton abandon, this mythical politico will offer up every sacred cow (or pig), for the national backyard barbeque. My notion – my prototype of the sublime legislator also includes his resolve to cliff his own political career. No re-election, just a blaze of glory. In my mind’s eye, my ‘Mr. Smith’ looks and sounds not like James Dean, but like Jimmy Stewart. My ‘Mrs. Smith’ looks and sounds like Maggie Thatcher, not Natalie Wood. Not that Ms. Wood was not an attractive woman, but I need someone of greater substance and gravity to deliver the message I have in mind, that’s all.
The stuff I was smoking when I dreamed all this up, is still illegal. Cuban cigars, that is. What did you think I meant?