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No Comments DYK – The Center of Blame for the Economic Collapse Part I
The more bad news on the economy crosses the online news websites; the more I get curious as to the cause. I have read and heard many different causes and blame thrown around. It is enough to make your head spin with all of the bickering and fighting over who is to blame and what is the cause. Since I’m still trying to fully learn how this country works, I asked my hubby for his opinion. I feel it is best to put it completely here. Please be warned though, he is incredibly blunt. You know where he stands and he doesn’t shy away from it.
“The answers on who is to blame and what caused it are easy to find if a person is not ignorant, a liar or an easily manipulated fool. The answers are found in the US Constitution and the Library of Congress. The citizens of the USA are to blame for failing to do their civic duty and keeping the government in check. The media and the public schools are to blame for misleading the public with the intent to control and manipulate them. Congress makes the laws, not the President. The President signs and enforces the laws crafted by Congress. The President can create an Executive Order but it only applies to the Executive branch. Only the House of Representatives has control over the budget and expenditures. Both parties, Congress and a number of Presidents are at fault but it comes down to the citizens not doing their duty and keeping the politicians in check.”
Okay, I said he’s blunt. The US Constitution spells out the duties of each branch and the limitations on them. When you read and understand it, you quickly realize that it was written to seriously limit the powers of the federal government including the Supreme Court. Politicians do not always follow it. When they don’t and intentionally work around it, they are violating their oath of office and the public’s trust. In any company, that is called insubordination and is grounds for termination. But the HR Department in this case is the citizens of the USA. We do have a report card on their performance in the Library of Congress. How the members of Congress voted and what got signed into law and what got vetoed is a matter of public record. We just have to read it.
Some try to blame President George Bush (Republican) for the current economy and the Iraq war. Well, that would be wrong. Neither is to blame for it. I turned to my hubby for more pointers on this.
“One of the greatest mistakes made by many is trying to define the events going on today in terms of their life and experiences. That is a critical mistake as that is ignoring history and all of the factors that go into what happens. A 25 year old Filipino would be complete in error thinking the Philippines are the way it is because of events in the last 5-10 years. It is a combination of the history of the Philippines starting to the pre-Spanish days, the Spanish rule, Jose Rizal, the invasion of the Japanese and being freed by the USA forces in WWII, and all of the decisions of their Congress and Presidents. Economic decisions take time to see their full effect. Usually, it takes 8 or more years and almost always the impact is not felt until the President who signed the Congressional bill into law has left office.”
Could we use the money spent in Iraq to fix the economy here? No. The vast majority of the funds are debt and not from the General Fund. Does it help our debt load? No. But you do not improve your debt load by making it bigger. So it isn’t the cause or the solution. It just adds on to the debt problem.
Please scroll down for Part 2..
Thank you,
Anah