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Economy

Mark Meadows’ and Freedom Caucus’ fake concern over budget deficit

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Mark Meadows and Freedom Caucus fake concern over budget deficit

According to Donald Trump, there might be a government shutdown on Saturday when the current debt ceiling Band-Aid created by Trump, Chuck Schumer and Nancy Pelosi expires.

Wouldn’t that be great?

Ironically, Trump claims that the possible shutdown is due to his agreement with “Chuck and Nancy,” specifically the part that deals with DACA, which Democrats want fixed as a condition to pass any legislation to keep the government open. This is an empty accusation on Trump’s part when you consider that he, McConnell and Ryan are onboard with Democrats concerning DACA.

Besides, Mickey has already guaranteed that there will be no shutdown for this or any other reason. Additionally, he promised to save DACA in exchange for Sen. Jeff Flake’s vote on the GOP’s TRINO tax bill.

Passage of the debt ceiling deal negotiated between Trump and the Democrats—along with the passage of a $4 trillion budget resolution in October used by the GOP as a launch pad for advancing tax reform—would not have been possible without a betrayal of conservative values by the House Freedom Caucus. This group of approximately 50 members within the House of Representatives claim to be committed to the concept of “open, accountable and limited government.”

But as we witnessed by their support of big budgets and fake tax reform, the Freedom Caucus cares very little about spending and the deficit, especially when there’s an election just around the corner.

When asked about the trillions of dollars in new deficit spending that will result from the budget and tax reform bills, Freedom Caucus Chairman Mark Meadows dismissed the matter, saying that the bills were “the only thing (he) could get through the GOP-led Senate.” Meadows also stated in another interview that it was more important to “get things done” than to hold out for “politics for usual” by insisting that conservative concerns with the budget be addressed.

Having caved to the GOP establishment and its supporters, Meadows is once again donning his “Mr. Conservative” cap now that the dust has settled on his previous capitulations. Believe it or not, Meadows now claims to be concerned about the exploding deficit that he and other Freedom Caucus members voted in favor of just weeks ago.

Like I said, there’s an election just around the corner.

Originally posted on The Strident Conservative.

 

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David Leach is the owner of The Strident Conservative, your source for opinion that's politically-incorrect and always "right." His articles can also be found on RedState.com. His daily radio commentary is nationally syndicated with Salem Radio Network and can be heard on stations across America.

Economy

With McCain out, Republicans can only afford one ‘No’ vote on tax plan

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With McCain out, Republicans can only afford one 'No' vote on tax plan

Things were looking very good for the GOP going into the week. Both Senators Marco Rubio and Bob Corker had signaled they were voting for the tax bill, leaving three undecided Senators to contend with Monday. Now, Senator John McCain is likely to miss the vote as he travels to Arizona for brain cancer treatment.

That means for the Republican plan to pass in the Senate, no more than one Republican Senator can vote against it. If two vote against it and every Democrat does as well, the vote would be 50-49 against, rendering Vice President’s tie-breaking vote unnecessary.

Averting a government shutdown is also on the table this week, though McCain’s absence won’t be as important since there will likely be Democrats helping to keep the government running, if only for a short while.

Further Reading

Sen. John McCain back in Arizona, will miss vote on GOP tax bill

https://www.cbsnews.com/news/john-mccain-arizona-brain-cancer-treatment-miss-gop-tax-plan-vote/Republican Sen. John McCain returned home to Arizona after spending several days in a Maryland hospital recovering from side effects from chemotherapy treatment for brain cancer, CBS News has learned. He will spend the holidays with his family and will not be on hand for the final vote on the GOP tax passage expected this week. He’s expected to return to Washington in January.

Late Sunday, a dual statement from McCain’s doctor and his office described the senator’s current health situation.

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Economy

Socialism, ‘socio-economic rights’ and Net Neutrality

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Socialism socio-economic rights and Net Neutrality

Given the Socialist-Left’s proclivity for control and deception, it’s is not surprising that they tend to disguise these tendencies behind deceptive labels [e.g. Affordable Care Act]. The term ‘Net Neutrality’ is no exception, with it’s labeling making it sound like a wonderful idea, while in practice it has the opposite effect, as it with most of the Left’s socialist national agenda.

The Socialist-Left also tends to overly complicate issues to muddy the waters, such as when an MSNBC host became angry as a ‘Net Neutrality’ opponent obliterated his Leftist narratives. [Courtesy of The Right Scoop]. There have been many an article explaining the issue here, here, here and here.  As well as FCC chairman Ajit Pai detailed the issue on Fox and Friends the other day:

FCC chairman Ajit Pai provided a perfect rebuttal to the net neutrality hysteria running rampant from the nation’s Left. He detailed the restoration of the ‘Light-Touch’ approach to the internet that has seen it flourish for 20 years. He also explained that the free-market approach is the best way to ensure innovation and cheaper prices for all.

Rather than trying to delve into the technical nuances of ‘Net Neutrality’ let us take a look at another case of government interference in the marketplace. This hails from the socialist ‘paradise’ of Venezuela as detailed in The Caracas Chronicles where the “Bureau for the Defense of Socio-Economic Rights (Sundde)” escorted by rifle toting Guardia, force business owners to sell their goods at prices determined by the Socialist government of Nicolás Maduro.

As in the case of ‘Net Neutrality’ there are those who applaud such efforts without any consideration of property rights of others or the long-term implications to their Liberty and society in general. They gain the short-term advantage of free or cheap goods and services without considering that this heavy-handed government interference will suppress the free market. The businesses affected will either cut back on investment in their businesses or close altogether. This is all part of the pernicious nature of socialism, where there will always be those who somehow think they can get something for nothing based on the flawed logic that the world owes them a living just because they exist. Those who salivate at the prospect of free stuff have a tendency to forget about the long-term consequences of their actions.

In the case of ‘Net Neutrality’ regulation of private business discourages innovation and advantages the bigger players in the field causing higher prices and fewer choices.

The Bane of Shopkeepers | Caracas Chronicles

https://www.caracaschronicles.com/2017/12/15/the-bane-of-shopkeepers/On Saturday, December 2, for the fourth year in a row, the Bureau for the Defense of Socio Economic Rights (Sundde) went on an “inspection” of private businesses. They began in Plaza Venezuela, the Sabana Grande boulevard and, by Monday, they were close to Chacaíto. Escorted by the National Guard (GNB) and the National Police (PNB), they forced shopkeepers to sell their entire merchandise at a 50% discount.

People made lines almost immediately outside stores selling shoes, underwear, trousers, shirts, purses and even food. In less than seven hours, shops were emptied out.

It’s a lethal stab to many shopkeepers, since sales already dropped by 40% right in December, a period that usually has an important cash flow. The reason: exorbitant prices. A pair of sports shoes costs Bs. 800,000 ($7.7, at the current black market rate), far more than the average employee can pay, with the current minimum wage plus food stamps at Bs. 456,507 ($4.42).

The GNB officers stood guard in the shops as if products were food for refugees fleeing a war. With rifles close to their chest, they controlled the crowds and diffused the constant clashes among customers.

Shopkeepers in el Centro are expecting Sundde to drop by at any minute on their nearly empty shops, while employees face an ominous prospect for 2018. The operation in Sabana Grande is common practice for the regime now: they regulate prices, destroying production and restricting free market.

Photo: José Díaz, Caracas chronicles

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Economy

Chuck Grassley attempts to defend killing the estate tax

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Chuck Grassley attempts to defend killing the estate tax

Senator Chuck Grassley from Iowa has his heart in the right place, but his delivery often falls short. The estate tax definitely needs to be abolished, but trying to sell the idea by invoking booze, women, and movies is probably the wrong approach.

Here’s what he said earlier this month:

“I think not having the estate tax recognizes the people that are investing, as opposed to those that are just spending every darn penny they have, whether it’s on booze or women or movies.”

Just because people aren’t investing doesn’t mean we’re spending every darn penny we have on booze, women, or movies. It’s time for the Senator to get his messaging fixed.

Source: The Hill

Grassley: Ending estate tax ‘recognizes people that are investing,’ not ‘spending every darn penny’

http://thehill.com/policy/finance/363039-grassley-ending-estate-tax-recognizes-people-that-are-investing-not-spendingSen. Chuck GrassleyCharles (Chuck) Ernest GrassleyGrassley blasts Democrats over unwillingness to probe Clinton GOP and Dems bitterly divided by immigration Thanks to the farm lobby, the US is stuck with a broken ethanol policy MORE (R-Iowa) said he favors repealing the estate tax, which the Senate tax-reform bill does not do, saying it “recognizes the people that are investing,” The Des Moines Register reported Saturday.

“I think not having the estate tax recognizes the people that are investing, as opposed to those that are just spending every darn penny they have, whether it’s on booze or women or movies,” Grassley told the newspaper.

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