[This is the transcript of my KVMR commentary broadcast on 1 March 2013.]
It’s hard to think good thoughts about what is going on in Washington and the competency of our government. We seem to have entered into an endless sequence of crises, questionable appointments, and scandals which literally have no end – they now stretch into the future as far as the eye can see, and then there are still more out there waiting that we can’t see. As a political junkie even I am overwhelmed.
We just concluded cabinet appointments that made it not because of the candidates’ sterling resumes – they are arguably awful - but simply because of party loyalty. The guy for Secretary of Defense was at a loss to explain anything that was relevant to his office, and the Secretary of the Treasury candidate told the Senate that he didn’t really know what he did in private practice, why he got those big million dollar bonuses, and what experience recommends him for the job. Nevertheless, these two are now the worthies one of whom will maintain our national security in the face of shrinking defense budgets, and the other one will be in charge of keeping China lending us money they will never see repaid.
And the borrowing will go on forever because we will never bring our federal budget under control – all budgets and obligations call for every aspect of spending to increase indefinitely. Washington’s claim of reducing spending is a very big fairy tale told repeatedly to a very large population of faithful morons. The rule to spending cuts is simple – publicly plan to spend at some arbitrary and prodigious rate, then with much breast beating reduce the planned outlays to their usual budget busting levels, and then credit the difference to your having reduced spending – the sheeple will never know. Meanwhile, the actual dollar amounts of spending just keep roaring upward year after year.