Quote:
Originally Posted by
bionicarm http:///forum/thread/380296/tea-party-movement/20#post_3309779
I actually agree with a lot of the things you stated. Realistically, you'd NEVER get anyone to agree to limiting our military power. I'm all for just protecting our borders. But if you don't have eyes and ears sitting around the radical 'hot beds' of the world, you'd end up with another attack like the Japanese did on Pearl Harbor.
Not saying limit our military power. We need to be strong, but we need to pay for things with real money, not borrowed money. You can have ears, and I would argue we do have them and they are not the military bases, around the world at a much less monetary cost than what we have.
I'm all for lowering taxes, but if you do that, where do you get the money to pay for the fundamental government programs you rely on a daily basis (DOT - Interstate highways, Military, FEMA, CDC, Food and Drug Admin, etc.)?
IMO most of what you listed there is better left to private industry and the market to take care of.
I won't bore you with quoting article 1 section 8 and the enumerated powers but just let me say it is limiting in what the congress should be appropriating money for. If it should be, needs to be, or people want it to be changed the vehicle for doing so is the amendment process, not congress just willy nilly spending on what they want to.
Bailing out major corporations is a toss-up. Depends on the industry you're bailing out. If we hadn't bailed out GM and Chrysler, you would've had a major adverse affect on the economy of several Northeastern states - Illinois, Michigan, Ohio. Those states are already running at Depression-era levels, with some of the highest unemployment rates and house foreclosures in the country. Letting GM 'fail' would've pretty much put the last nail in the coffin for the rest of the people who not only work in GM factories, but the hundreds of companies that supply product and parts to GM. Not to mention the myriad of small businesses like restaurants, clothing stores, hardware stores, etc. That's what you don't realize when you let major corporations fail. It doesn't just affect that company.
I live in Michigan, I would be hard pressed to believe that;
1. it is better off because the feds bailed out GM and Chrysler.
2. GM and Chrysler would not have been able to declare bankruptcy and came out of it.
3. There would not be some other company that would pick up the slack left by GM and Chrysler, read here opportunities for other car companies whether in existence now or not to gain some of the vacated market share.
It is how the market works, there are winners and losers.
Those states you have listed are not the top ones in foreclosures by the way. Also those states have high tax rates to try to fund their social programs and are failing at it. They are also big union states that have driven industry out with high wages and benefits.