Intelligentsia is not running the country

In 1819, John Adams wrote to Jefferson: "Have you ever found in history, one single example of a nation thoroughly corrupted that was afterwards restored to virtue?...  And without virtue, there can be no political liberty... Will you tell me how to prevent luxury from producing effeminacy, intoxication, extravagance, vice and folly?... No effort in favor of virtue is lost." 

 

Unmistakably, America has been built on the virtues of the Bible. It is unlike any nation in history besides obedient Old Testament Israel. However, in its decline it is sharing in the common demise experienced by all great nations and empires – the degeneration of its moral fabric. The Progressives as they are so labeled who are leading the charge down this path of destruction should be aptly renamed “the digressers!” It reminds of the passage in Romans where it says “professing themselves to be wise, they became fools.” 

Harry Reid recently said “Everybody else, including the rich people, are willing to pay more. They want to pay more.” Nancy Pelosi famously stated concerning the need to pass the Affordable Care Act "It’s going to be very, very exciting. But we have to pass the bill so that you can find out what is in it..." I am left with no doubt that many of these politicians are in government because with logic and intelligence such as this, they would never make it in the private sector. The problem becomes however, they are in a position of authority to regulate the private sector which they have no idea how to make successful. In school, students who were not up to speed academically would be tutored till they came up to the standard of the rest of the class. I wonder if many of our congress men and women need a little education in how capitalism works? 

The following is taken from

http://www.politifact.com/truth-o-meter/article/2013/oct/14/does-raising-debt-ceiling-increase-our-debt/

Do you remember this: Obama said in reference to raising the debt ceiling "does not increase our debt. It does not grow our deficits. It does not allow for a single dime of increased spending. All it does is allow the Treasury Department to pay for what Congress has already spent."

So, contrary to what Obama said, if the the debt ceiling is raised high enough, it does, in fact, "allow" for additional spending. It just doesn’t demand it.
"Clearly, raising the debt ceiling does not in and of itself increase the debt or grow the deficit," said Steve Ellis, vice president of Taxpayers for Common Sense. "But to say that it doesn’t allow for a dime of increased spending is misleading. When the credit card company increases my credit limit, it doesn’t increase my debt load or even my spending. But it certainly facilitates it. The same is true with the debt ceiling."

Satya Thallam, director of financial services policy with the the center-right American Action Forum, concurred, saying that while the debt ceiling has "little to do with the present," it has "everything to do with future potentials."

Thallam said the debt ceiling can be perceived as a prerequisite for future spending -- though a better term, he said, may be "post-requisite."

"It’s like signing a contract to purchase new furniture, and then going to your credit card company and asking for a credit limit increase to cover the amount," he said. The debt ceiling "doesn't lead to additional spending, but it does risk the possibility that you won't be able to pay."

They're masters of rhetoric that's for sure.