Obama to Seek Three Year Spending Freeze
OPS_admin | Jan 27, 2010 | Comments 0
White House officials acknowledge that the freeze is more symbolic than substantive – in the most recent fiscal year, discretionary spending represented just $447 billion of the mutli-trillion dollar budget.
In a move designed to demonstrate the administration’s commitment to fiscal responsibility, the president will use his State of the Union address Wednesday night to call for a partial, non-security, discretionary spending freeze, multiple media outlets are reporting.
While details are still vague, anonymous White House officials have told sources that the proposed spending freeze would save $250 billion over the next decade. The freeze would take effect for the 2011 fiscal year which begins October 1, and last for a period of three years.
Exempt from the freeze are agencies that deal with security matters such as Defense, Homeland Security, Veterans Affairs and State. Medicaid, Medicare and Social Security, for which money is allocated yearly based on a formula, would also be exempt.
Full Story Obama to Seek Three Year Spending Freeze | Economy In Crisis.
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If we don't change our ways soon...
A new report by the Royal Society, chaired by Nobel prize-winning biologist Sir John Sulston warns that world population must be stabilized and consumption in wealthy nations must be reduced or the entire planet is in big trouble. As the report reads: "The number of people living on the planet has never been higher, their levels of consumption are unprecedented and vast changes are taking place in the environment. We can choose to rebalance the use of resources to a more egalitarian pattern of consumption... or we can choose to do nothing and to drift into a downward spiral of economic and environmental ills leading to a more unequal and inhospitable future."This is the same warning that President Jimmy Carter gave Americans back in the 1970's - but it was ignored when Ronald Reagan came to power with a "more positive" message basically telling Americans we can do whatever we want. And then after 9/11 - Bush told us all we should go shopping and consume ever more.And now with corporations calling the shots in Washington - long-term sustainability of the planet takes a back seat to short-term profits. If we don't change our ways soon - and embrace clean, alternative energy and educate women around the plant - then we all could be headed for a rough century.-Thom(Is there any chance we will learn in time? Tell us here.) -
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" We the corporations" On January 21, 2010, with its ruling in Citizens United v. Federal Election Commission, the Supreme Court ruled that corporations are persons, entitled by the U.S. Constitution to buy elections and run our government. __________
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The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness. 
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