Our nation’s Vice-President offers some rather bizarre financial advice:
(CNSNews.com) – Vice President Joe Biden told people attending an AARP town hall meeting that unless the Democrat-supported health care plan becomes law the nation will go bankrupt and that the only way to avoid that fate is for the government to spend more money.
“And folks look, AARP knows and the people with me here today know, the president knows, and I know, that the status quo is simply not acceptable,” Biden said at the event on Thursday in Alexandria, Va. “It’s totally unacceptable. And it’s completely unsustainable. Even if we wanted to keep it the way we have it now. It can’t do it financially.”
“We’re going to go bankrupt as a nation,” Biden said.
“Now, people when I say that look at me and say, ‘What are you talking about, Joe? You’re telling me we have to go spend money to keep from going bankrupt?’” Biden said. “The answer is yes, that’s what I’m telling you.”
Frankly, I am without words.

There must be some logic contained somewhere within his reasoning. I haven’t found it. But I am still looking.
Picking Doddering Joe was a stroke of brilliance on Axelrod’s part. If your puppet is really dumb, surround him with simpering imbeciles to make him appear smarter.
It is certainly working to fool the media.
Here’s an idea I’ve been promoting for a few years now:
How about we agree to pay our politicians double their current salary so long as they agree not to come to work?
I think in the long run it would save us a fortune.
In spite of being introduced at J. Sargeant Reynolds today as, Vice President O’Biden, the Veep delivered a very interesting and hard-hitting (at Republicans) speech before a full auditorium.
The part that I liked was when Mr. Biden said of our Republicans, “…its one thing to say that you are for small business, but what we are doing, is helping them…”
At several points in the speech Mr. Biden contrasted the action oriented approach of the Democratic Administration to what he repeatedly characterized as the a do-nothing approach favored by the Republicans. The point the Veep was making was, at least WE are doing something!
No matter what side of the political aisle you are on, VP Joe Biden is probably the best liked VP that we have had in decades.
What would everyone think about requiring our leaders to pass a proficiency test before their names can appear on a ballot? We can’t drive a car without passing a test. Even in the public sector, judges, policeman, etc. need to prove that they are capable of doing their jobs before they can be hired. Our President, Vice President and members of Congress, however, aren’t even required to take an economics class before they make policies that effect us and future generations. Just a thought.
> How about we agree to pay our politicians double their current salary so long as they agree not to come to work?
That’s absolutely brilliant! It would have saved us a few $Trillion in the past few months. Even triple or quadruple.
Tests wouldn’t work. Guess who will be giving the test… the gov’t. Guess who could bias the tests any way they want?
[...] You can start here. [...]
Vice President Biden has to frame the issue in terms that the average man on the street can understand, and of course, the Press could do a better job of providing a cogent analysis of what is being presented.
Based on what the Vice President said at J. Sargeant Reynolds on Thursday, he illustrated his point of having to spend money to prevent our economy from falling further, with an example of how local loan guarantees had helped to save an Ashland food service company from bankruptcy. The loan guarantees are enabling private businesses to keep citizens employed. In the Ashland case the owner reported that he has been able to hire additional workers and is now purchasing his building.
The V.P. further pointed out that steps being taken to help small business weather this economic storm, will pay off as a net revenue generator.
Economists of various political slants will debate this approach ad infinitem, but for those of us who are in the storm, we see that the Administration is at least trying to help, and is providing real assistance where it is needed the most. Those loans and loan guarantees that were booked by the government as expenditures, will eventually (mostly) be repaid, as we recover. When we recover from this, such investments by our government in our infrastructure and private sector, will position our communities and our nation to better compete in the Twenty-first Century.
So far, the Republican plan is just, screw the Middle Class, and let those businesses all fail. If the citizens reflect on the recent Bush regime, we can see that the way Republicans deal with economic downturns, is to go to war overseas, and to put more Americans in jail here at home. We should never trust the Republicans with our national leadership, EVER again.
Libertarian and Conservative citizens need to replace the Republican Party with a new party that will provide an effective voice for them and that will not be beholden to multinational conglomerates, as the GOP has unfortunately become.
Are you kidding me? If you or I were going bankrupt, would you go out and spend more money ? Can you say economics 101? Do you actually think that what they are doing is going to help small businesses ? You all are in for a rude awakening. Just wait…Unemployment will sky rocket as our debt grows. Small businesses will fail. Cap and trade will make our electric bills, gas bills and gasoline cost go up drastically. This is Jimmy Carter all over again. This shows just how BLIND and ignorant America has become.
Thank god for people like J. Tyler Ballance, we need to keep some of these people around so don’t forget just who moronic the American liberal can be. Intellectual snobbery is the only real weapon left to those whose ideas are morally indefensible and intellectually bankrupt?! When academicians, journalists and radical liberal politicians find their views met with skepticism or rejected outright, they tend to respond by wrapping their mantle of “greater understanding” around themselves while hastening to point out that their opponents simply don’t have the entire picture, OR a full understanding of the issues involved. At which time they get a little carried away and go straight into the vicious invective category. I shall leave you with a couple quotes from those who know of what they speak. All truth passes through three stages. First, it is ridiculed
Second, it is violently opposed Third, it is accepted as being self-evident. Arthur Schopenhauer
German philosopher (1788 – 1860)
It is from weakness that people reach for dictators and concentrated government power. Only the strong can be free. And only the productive can be strong.
Wendell L. Willkie