Mr. Donnelly,
Thanks for the reply. Everything you say is pragmatic. As such, I offer you additional insight into the situation. In my opinion, there is perceived to be a problem where no such problem exists.
It must be terrible to face such opposition that derives their stance before the debates even begin! How absolutely dreadful. My advice is as follows, and is a hard road and likely is not very popular. There is presently a huge movement to hate on the rich. Fact is, the rich pay far more taxes than the poor and there are lots of entitlement payments. Also note that I am OK with the tax code and also believe that taxes could be cut on the middle class by 50% (anyone who makes less than $50K) — these would be met with enormous enthusiasm.
Subsidies exist for a reason, that reason being that people have found a way to manipulate the system to their advantage via lobbying.
If I was in your shoes, I would strike out to find and identify all of those who oppose me and challenge everyone individually to a debate on live television to express how they could choose their position before the debate or even glossing over the document. If they don’t show, it would not make you look foolish to sit on live television for a minute and briefly express your concern, name them by name, and inquire to the voting public why they voted for this candidate who clearly is more focused on gaming the system than defending the rights of americans.
Look, for the most part, things work enormously well over at congress. I prefer that most of the time people can’t decide on anything. Usually when decisions are made, a lot of porkbarrel legislation is rolled in. I don’t plan on running in the interim, but if I do decide to run, I would shoot from the hip and lead with no regrets decisions. I would not hide behind untruths and would admit my faults.
Keep doing your best. You’re doing a pretty damn good job, sir. Shipping jobs overseas is now a function of the largest currency war of our lifetimes, of which I am an active participant and am profiting enormously. China cheats the system and so does Germany. The USA, by running a deficit is keeping things reasonably fair. I expect us to cheat for as long as everyone else cheats.
Fraud is a necessary part of the system these days, it’s either that or we all work 75% of what we do today and have more vacations. Since it is the opinion of everyone in charge that we need to work the hell out of everyone, less they have time to think about things and actually vote on important issues, might as well keep running that deficit.
Cheers!
Do Not Lose,
CEO ARM Holdings LLC
None of the above is intended as investment advice. I can’t guarantee the information I gathered is from an accurate source. I may buy or sell any stock or security without prior notice.
Disclaimer: http://www.glenbradford.com/disclaimer.php
From: Congressman Joe Donnelly [mailto:Joe.Donnelly]
Sent: Thursday, January 26, 2012 2:15 PM
To: globalspeculation
Subject: Responding to your message
January 26, 2012
Dear Mr. Bradford,
Thank you for taking the time to contact me about the debt limit. I value your views, and your input helps me to better represent the people of Indiana’s Second District in Congress.
The debt limit debate this past year was contentious and unnecessarily suspenseful primarily because too many people in Washington had drawn lines in the sand before the debate even began. The reality is that compromise and bipartisanship are always going to be required when the issue is as important as the fiscal future of our country. With so many people locked into positions at the outset, it was very difficult for Congress to arrive at a workable solution to the problem.
We did, however, finally arrive at a fiscally responsible plan that drew support from both parties. The plan raised the debt ceiling, but also cut spending by an amount greater than the authorized increase in debt. The bill will reduce future government spending by almost $1 trillion over the next ten years by placing strict spending caps on future budgets. Those cuts will be achieved without affecting Social Security recipients, Medicare beneficiaries, veterans, or those on Medicaid.
This legislation is far from perfect. I would have preferred that any increase in the debt limit be accompanied by common-sense solutions such as closing tax loopholes for companies that ship jobs overseas and ending tax breaks for big oil companies. Yet the possibility of defaulting on our nation’s obligations, potentially causing catastrophic harm to our already fragile economy, was not an option for me.
You sent me to Congress to seek bipartisan solutions to bipartisan problems. I remain dedicated to working with my colleagues on both sides of the aisle to safeguard America’s fiscal future.
Thank you again for contacting me about this important issue. Please do not hesitate to write, call or email me again if I can ever be of assistance. Also, if you would like to receive regular updates on my actions on your behalf in Congress, sign up for my e-newsletter, The Donnelly Dispatch, at http://donnelly.house.gov/contact/email-updates.shtml.
Sincerely,
Joe Donnelly
Member of Congress