Deemed to Bankruptcy

On the House Democrats criminal refusal to pass a budget for Fiscal Year 2011 – from NRO’s The Corner:

…Without a budget, “Americans will not know the consequences of the spending spree,” Ryan says. “They won’t know what the tradeoffs down the road will be. They won’t see how this will make us borrow more money overseas, how it will push up interest rates, how it will lead to inflation problems, and how it will demand much, much higher taxes in the future.”

What’s left is a weak promise on paper. The Democrats’ draft for 2011, The Economist notes, lacks any “substantial cuts.” Instead of making actual cuts, Ryan says House Democrats are simply “talking up” spending limits without committing to any real budget guidelines. “It’s the new convenient out for the Democrats,” Ryan says. “If you want something to happen, but you don’t want to take responsibility, then you just deem it — no budget, no priorities, and no restraint. It’s just turning on the spending spigot and ignoring everything else.” …

This is Congress’ primary responsibility – producing a budget for the United States government. Believe it or not, they are not there primarily to pass the Obama agenda…they are there, first and foremost, to decide national spending priorities for the coming year. And they are refusing to do it.

Why? Because they will be either forced to make massive cuts in spending, or reveal a gigantic deficit for FY 2011 and they simply don’t want to do that until after the election, if even then. America can fall apart and die for all they care – their only concern is their power, perks and wealth. All is to be subordinated to keeping Pelosi in the Speaker’s chair and keeping the grafting heads of committees in possession of their gavels.

Now I don’t just want these people defeated in November – I want them jailed for the complete crooks that they are.

UPDATE: Over at Zero Hedge an article on the Fed’s possible plan to massively print up more fake money in one last Keynesian spasm of idiocy. Things are about to tip over in to recession, but it won’t show up until the fourth quarter, at the earliest – so look for any such move to happen after October 1st (ZH thinks after the mid-terms).