A Case For Public Banking

Finally a goddamn great idea……..but the Centrists will beat it back to make their owners, the banks, happy.

I have been railing against the bankers and their rape of the American society…..bitching for decades and most Americans know that these robbers are corrupt and yet we seem to not care…..

Finally someone in Congress has stepped up to offer a new way of banking….we can always pretend the the Obama admin did some good but any progress has overturned and the problems with banks have returned and gotten worse.

Like I said a new way of banking…..but what is Public Banking?

Public banking is banking operated in the public interest, through institutions owned by the people through their representative governments. Public banks can exist at all levels, from local to state to national or even international. Any governmental body which can meet local banking requirements may, theoretically, create such a financial institution.

Public banking is distinguished from private banking in that its mandate begins with the public’s interest. Privately-owned banks, by contrast, have shareholders who generally seek short-term profits as their highest priority. Public banks are able to reduce taxes within their jurisdictions, because their profits are returned to the general fund of the public entity. The costs of public projects undertaken by governmental bodies are also greatly reduced, because public banks do not need to charge interest to themselves. Eliminating interest has been shown to reduce the cost of such projects, on average, by 50%.

But we already have banks…why do we need a “public bank”?

Today, cities and states put their money in Wall Street banks, allowing those banks to leverage our public funds in order to dominate the financialized speculative economy rather than reinvesting them in our communities. At the same time, cities and states borrow money from Wall Street institutions and bondholders at high interest rates and pay large fees to keep money in their banks. This is not a cost-effective way to do business. Cities and states could be keeping their public dollars and leveraging them for their own community needs.

With city and state-owned banks, we cut out Wall Street middlemen. Our community’s cash stays home to benefit us! Bank fees are eliminated, interest costs drop, and public bank profits are reinvested into our communities.

Public banks can help us create the communities we want. We want parks, good roads, safe bridges, clean energy, and housing we can afford. We want lower interest rates for local small business loans, local control of our tax dollars, investment in our local communities, and ethical and transparent financial institutions managing our public funds. Public banks can be the financial engine that makes this happen for our communities.

There a few facts that need to be shown why a public bank is a better idea than the robbers we have to deal with today….

  1. Are owned by the people of a state, city, community, or nation;
  2. Serve as the depository for local government funds (city or state taxes, fees, etc.);
  3. Are required to benefit the public by serving local community needs;
  4. Can save state and local governments millions or even billions of dollars, by cutting out middlemen and private shareholders, eliminating fees, and financing projects at lower interest rates;
  5. Reinvest bank profits into the community, providing a new source of income for cities and states and a source of funding for projects such as infrastructure, renewable energy and affordable housing;
  6. Are run, not by politicians, but by qualified bankers serving a public mission;
  7. Provide accountability and transparency to the public for bank decisions, avoiding the risks of Wall Street’s speculative gambling;
  8. Create new jobs and spur economic growth by supporting local small businesses;
  9. Partner with and support rather than competing with local community banks;
  10. Can lend during times of stress and crisis, helping to sustain a healthy local economy.

Now a couple Progressives in the House are offering up a plan for an expansiom of public banking…..

A public option, but for banking. That’s what Reps. Rashida Tlaib and Alexandria Ocasio-Cortez are proposing in a new bill unveiled on Friday.

The Public Banking Act, first shared with Vox, wouldn’t create those options by itself, but would foster the creation of public banks across the country by providing them a pathway to getting started, establishing an infrastructure for liquidity and credit facilities for them via the Federal Reserve, and setting up federal guidelines for them to be regulated. Essentially, it would make it easier for public banks to exist, and it would give some of them grant money to get started.

While it sounds a little wonky, the basic idea is to make it possible for state and local governments, local businesses, and people to do business with public banks, which theoretically would be more motivated to do public good and invest in their communities than private institutions, which are out for profit. One public bank exists in North Dakota, and there is a growing movement to create more of them across the country. California recently passed a law allowing cities and counties to create and sponsor public banks.

https://www.vox.com/policy-and-politics/21541113/rashida-tlaib-aoc-public-banking-act

Another great idea but the Centrists will kill this before it has a chance…..Citibank and others will NOT allow this to move forward.

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“lego ergo scribo”

Blame The Progressives

This time around Dems cannot blame the Green Party for their loss…..but they will look until they find someone to blame to their lack of a real plan for this nation.

The Dems lost some seats in the House and failed to turn the Senate blue so as per usual the Moderates started blaming everybody for the losses and the “Progressives” take the brunt of their attacks.

They say that issues like Medicare For All and the Green New Deal were labelled by Repubs as “socialism” and the moderates lost their edge…..

AOC made some excellent points about the allegations by the Gutless Centrists….

  • Progressives aren’t to blame for the party’s congressional losses, a narrative centrists have argued. The election showed that “progressive policies do not hurt candidates, Ocasio-Cortez said, adding the example that “every single candidate that co-sponsored Medicare for All in a swing district kept their seat.”
  • The party’s operation deserves blame. “There’s a reason Barack Obama built an entire national campaign apparatus outside of the Democratic National Committee,” she said, adding that “the party—in and of itself—does not have the core competencies, and no amount of money is going to fix that.” When Obama’s organization faded away, she said, “we lost House majorities.”
  • Republican success in the messaging battle can be traced to Democrats’ weak online presence. In fact, “Our party isn’t even online, not in a real way that exhibits competence,” Ocasio-Cortez said. “I don’t think anybody who is not on the internet in a real way in the Year of our Lord 2020 and loses an election can blame anyone else.”
  • Joe Biden’s transition decisions will show how open his administration will be to progressives. If it’s not, “we’re going to lose,” she said. “It’s really hard for us to turn out nonvoters when they feel like nothing changes for them.”
  • The significance of Biden’s election is that “we aren’t in a free fall to hell anymore.” But that doesn’t mean the nation is out of the woods yet. “Whether we’re going to pick ourselves up or not is the lingering question,” Ocasio-Cortez said. “We paused this precipitous descent.”

I agree with her thoughts…..Progressives are not to blame….Centrist Dems are terrible candidates and cowards.

First the Moderates/Centrists are so lame they could not defend themselves and now they want to blame others for the pussy ass campaigns….typical Centrist cowardice.

But let’s look at the issues that they are blaming for their losses…..M4A and Green New Deal……

Here are the facts:

►112 co-sponsors of Medicare for All were on the ballot in November. All 112 of them won their races.

►98 co-sponsors of the Green New Deal were on the ballot in November. Only one of them have lost an election.

Bernie has written an op-ed in USA Today shooting down all the accusations by the gutless spineless Centrists…..

You’re reading the Opposing View, one of two perspectives in Today’s Debate.

I am very proud of the hard work that the progressive community put into electing Joe Biden as our next president.

And let’s be clear: This election was not just a normal election between two candidates. It was much more important than that. It was an election about retaining our democracy, preserving the rule of law, believing in science and ending pathological lying in the White House. And with a record-breaking turnout, the American people voted to reject President Donald Trump’s racism, sexism, homophobia, xenophobia, religious bigotry and authoritarianism. That is very good news.

Even so, truth be told, the election results in the House and Senate were disappointing. Despite Joe Biden winning the popular vote by more than 5 million votes, the Democrats lost seats in the House and, so far, have only picked up one seat in the Senate.

Now, with the blame game erupting, corporate Democrats are attacking so-called far-left policies like Medicare for All and the Green New Deal for election defeats in the House and the Senate. They are dead wrong.

https://www.usatoday.com/story/opinion/todaysdebate/2020/11/11/bernie-sanders-dont-blame-so-called-far-left-policies-editorials-debates/6258716002/

I agree with Bernie….the DNC needs to pull it’s head out of corporate America’s ass and start representing the people that vote for them and not the free lunches they get with the wealthy.

Then there is the Media…..they have been pushing Biden even before he announced and gave Centrist candidates far more exposure than any of the true progressives…..and they continued their assault on progressives by helping the cowards centrists blame others fir their failures…..

In a write-up about the call, the Washington Post‘s Rachael Bade and Erica Werner (11/5/20) quoted and paraphrased 14 sources blaming those who “endorse far-left positions” for Democrats’ losses, counterbalanced by only four sources defending the left. All of the progressive sources were named; half of the establishment sources were either quoted anonymously or presented as unspecified “moderates”—or, twice, simply as “Democrats,” committing the exasperatingly common journalistic sleight-of-hand that erases progressive Democrats as legitimate members of their party.

In addition to quoting a handful of participants on the call, Bade and Werner interviewed numerous “moderates” for the article (“Several moderate Democrats said in interviews…”), but only managed to interview two progressives: Alexandra Rojas, head of the leftist PAC Justice Democrats, along with Rep. Jared Huffman, a member of the Congressional Progressive Caucus—who took the side of the centrists.

https://www.commondreams.org/views/2020/11/11/when-centrists-lose-corporate-media-blame-left

The MSM is still NOT a source for accuracy and facts….

Before some lame Centrist tries to equate me with a Bernie supporter……you are WRONG.  I like some of his ideas but he is too damn old…..if I were going to vote for an Old Fart I would have chosen Biden…..BTW I dd not vote for him (before they ask)…..

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“lego ergo scribo”

Why Are The Dems So Timid?

I have been watching the Dems since the 1980s and I have not seen any true political fire in their actions or rhetoric.

We can always point to Trump’s first State of the Union when Pelosi had her silly “Kodak” moment with her applause antic….and then all her rhetoric over the lapses in the Trump agenda….but all that is just words…I still have seen nothing that would make me believe that Dems are anything but cowards and wimps.

They bow, thanks to the spineless leadership, to just about everything the GOP desires….I know they have had few successes but think back to 2008….Dems controlled Congress and the White House and their agenda was stifled at every turn by the GOP and the Dems just did not have the fight in them.

And this trend has continued through today…..the fight or should I say the lack of a fight over replacement for Ginsburg just brings their, Dems, pathetic spineless actions back to the forefront.

Trump’s efforts to prepare an electoral coup are a clear statement of intent for what he would do if he manages to hold on to power, which he would see as a mandate to transform the United States into a presidential dictatorship.

But the response from Trump’s nominal political opponents is a combination of fecklessness and prostration. Far from calling for Trump’s immediate removal from office or the convocation of a congressional investigation into Trump’s coup plots, the Democrats have offered nothing but pathetic moral appeals to Trump and the Republicans, while dropping all opposition to his efforts to pack the court ahead of the election.

House Speaker Nancy Pelosi practically begged Trump, “Why don’t you just try for a moment to honor your oath of office to the Constitution of the United States.” Senate Minority Leader Charles Schumer, for his part, directed his appeal to the Republican Party: “At this perilous moment, every Republican in this chamber should stand up.”

Pelosi and Schumer know full well that neither Trump nor his Republican co-conspirators are going to have a change of heart as a result of their moral exhortations. Such statements constitute an abandonment of any effort to oppose Trump’s preparations to launch an Election Day putsch.

https://www.wsws.org/en/articles/2020/09/25/pers-s25.html

Dems offer no opposition just pathetic theatrics….seems they, Dems, do not have time for the political battles that we need to keep this country moving forward….however they do have time to rush out of town constantly to meet with their true owners……big dollar donors…..

To watch the games played by these people and one will see why discerning voters will look elsewhere for a candidate….those are the true patriots.

When will we ever learn?

I Read, I Write, You Know

“lego ergo scribo”

Closing Thought–02Oct20

If you do not have an opinion on the round of protests then you are either stupid or live under a rock in a magic garden somewhere….

One of the big debates is that the police do not need military gear to “protect and serve”…if that is truly their intention (some of us doubt the slogan)….

I for one do not believe they need this equipment makes them feel they are above the law and invincible.

The Dems in Congress have offered up a bill to cut back on the military hardware police departments can get from the Pentagon….

Dozens of congressional Democrats are urging committee chairs to limit the types of military-grade equipment sent to local police departments amid ongoing protests over racial injustice.

More than 40 Democrats signed a letter to the leaders of the House and Senate Armed Services committees calling on them to include the restrictions in the final version of the annual defense policy bill.

“As House and Senate conferees negotiate the Fiscal Year (FY) 2021 National Defense Authorization Act (NDAA), we encourage you to ensure that the conference report includes provisions requiring reform of the Sec. 1033 Program by imposing additional conditions and limitations on the transfer of Department of Defense property for law enforcement activities,” the lawmakers wrote.

The letter, a draft of which was obtained by The Hill ahead of its release, was sent to Senate Armed Services Committee Chairman James Inhofe (R-Okla.), House Armed Services Committee Chairman Adam Smith (D-Wash.), top Senate Armed Services Democrat Sen. Jack Reed (R.I.) and top House Armed Services Republican Rep. Mac Thornberry (Texas).

The letter was organized by House Armed Services Committee member Rep. Anthony Brown (D-Md.), Congressional Black Caucus Chair Karen Bass (D-Calif.) and co-signed by 41 other House Democrats. Several outside groups, including the progressive group Demand Progress, also backed the letter.

https://thehill.com/policy/defense/518203-democrats-push-for-defense-bill-restrictions-on-transferring-military-grade

A damn good idea to de-militarize the police departments…..an idea that has been a long time coming……

WAIT!

Did not the Dems try something like this in 2015?

Why yes they did!

It was a waste of time and another plank in their attempt to look like they care for the upcoming election in 2016.

But do not take my word for it…I have the post here…..https://lobotero.com/2015/05/11/dems-launch-effort-to-demilitarize-police-thehill/

A familiar tactic.

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“lego ergo scribo”

Congress Returns

After a month of laying around the house and schmoozing with high dollar donors the Congress has come back to DC to work on yet another bill that would help during this pandemic crisis we are having.

For the sake of “compromise” the work being done does little to help the jobless keep their homes or feed their children…..and the Dems will do little to help…..

As the Senate returned from its nearly month-long recess on Tuesday, there was little prospect that Congress would provide any significant relief for the tens of millions of workers who lost their $600 weekly federal jobless benefit when it was allowed to expire on July 31.

The ending of that lifeline plunged millions of working class families into desperate financial straights. The economy is still short 11 million jobs from the level of employment in February, and more than 30 million unemployed workers continue to receive government aid.

As of this week, only 19 states will be providing the temporary $300-per-week benefit authorized by President Trump in an executive order last month. The program is financed by Federal Emergency Relief Agency funds that are expected to run out in about five weeks.

The Aspen Institute reported last month that 30-40 million people in the US were at risk of being evicted in the coming months. The Hamilton Project reported even before the cutoff of jobless aid that more than 20 percent of all US households and over 40 percent of mothers with children under the age of 13 were experiencing food insecurity.

https://www.wsws.org/en/articles/2020/09/09/cong-s09.html

Please pay attention!

This illustrates that the Congress, both Repubs and Dems, care little about the plight of the people of this nation…..keep that in mind when you go to cast a vote.

Vote for candidates that actually have a plan to help the people with the problems this pandemic has created……Party means NOTHING!  They are the same!

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VOTE!

I Read, I Write, You Know

“lego ergo scribo”

Congress–WTF?

Closing Thought–28Aug20

I read the other day about a bill that sailed through the Congress for money to be sent to Israel….

It made me say out loud…WTF?

The US is sending almost $4 billion to Israel for their defense.

Again—WTF?

Pro-Israel group thanks an array of Democrats and Republicans for authorizing funding, saying the money ‘will help Israel protect itself against continuing security threats’

The American Israel Public Affairs Committee praised the Senate and the House of Representatives for authorizing $3.8 billion in defense assistance for Israel.

The pro-Israel lobbying group thanked an array of Democrats and Republicans in Congress for shepherding through the funding this week as part of the National Defense Authorization Act, saying the money “will help Israel protect itself against continuing security threats.”

https://www.timesofisrael.com/aipac-praises-3-8b-in-israel-defense-assistance-after-it-sails-through-congress/

Is Israel not strong enough to defend itself from protesters with rocks?

If Israel cannot defend itself why do the American taxpayer have to pay for their defense?

If they cannot make their own way in this world then they deserve to perish.

Any debt that the US owes Israel was paid in full over the last 60 years….time for them to stand on their own two feet or fall on their face….

The US should not have to pay Israel a dime….it is money pissed away with NO redeeming qualities.

When will Americans start demanding that Israel stay out of our politics and our government…..they have had a free hand in both for too many goddam years.  Time for them to focus on settling their problems and stay away from our politicians…..and those same politicians that take money from Israel should be banned from Congress and political life forever.

Israel is NO friend to the US…..they use us and our money for evil…..time for that to stop!

I Read, I Write, You Know

“lego ergo scribo”

Closing Thought–11Aug20

The Congress is said to be working on yet another pandemic stim package and of course the Dems and Repubs do not see eye to eye…..and the president does not see it the same as Congress……

But the next package MUST include a bailout of the defense industry……

Republican defense lawmakers are pushing for the next emergency coronavirus funding package to include a hefty boost for defense spending, saying that the pandemic’s effects on military spending have cut across an array of program and procurement accounts.

“Socially distanced production spaces, provision of PPE, self-quarantining, disrupted logistics have generated significant bills,” the group wrote in an open statement on Thursday. “These COVID-related effects made defense programs less efficient and more expensive, and DOD cannot redirect money from other crucial priorities to cover these costs.”

The comments lawmakers — Senate Armed Services Committee Chairman Jim Inhofe, R-Okla.; House Armed Services Committee ranking member Mac Thornberry, R-Texas; House Appropriations Committee ranking member Kay Granger, R-Texas; and the appropriations committee’s defense panel ranking member Ken Calvert, R-Calf. — come amid negotiations on the latest multi-trillion relief package between House Democrats and White House officials.

Defense officials have said publicly they need at least $10 billion in emergency funding to cover pandemic-related costs and avoid exhausting other modernization and readiness funds.

https://www.militarytimes.com/news/pentagon-congress/2020/08/06/next-coronavirus-relief-package-must-include-a-big-defense-boost-gop-leaders-argue/

I say SCREW THEM…I am preached to by the government that I should prepare for that rainy day and yet when it arrives the M-IC whines and demands that we bail them out with taxpayer money….

Once again I say SCREW ‘EM!

Maybe they should start practicing what they preach….hire some accountants that will tell them how to avoid these financial problems.

Not to worry they will get their black mail money for the M-IC has spent lots of cash on Congress to assure that they will ALWAYS get what they want.

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“lego ergo scribo”

Will Workers Be Protected?

This pandemic has shove unemployment up the worker’s butt and broke off……but Congress decided to step in an extend unemployment and try to help save the lives of laid off workers.

The problem is the bill that protected the workers is due to expire on 25 July, the CARES Act…….once it expires will Congress step up and protect workers again or will they decide to screw them hard like they do most of the time?

Some 25 million US workers are facing a reduction or outright elimination of a $600 weekly federal addition to state unemployment benefits when the supplemental payment authorized by Congress under the CARES Act expires on July 25.

In the midst of a raging pandemic and the worst economic crisis since the Great Depression, with at least 30 million out of work and new jobless claims surpassing one million a week, the supplement is all that has been keeping many families above water. Coinciding with the impending end of a federal moratorium on evictions and the expiration of state moratoriums, the cut in jobless pay will propel millions into destitution and homelessness.

One survey found that 37 percent of renters and 26 percent of homeowners feared they could be homeless by the end of the year. Researchers at Columbia University say they expect US homelessness to increase by 45 percent compared to 2019.

https://www.wsws.org/en/articles/2020/07/21/pers-j21.html

Since Congress only worries about party politics and could care less of the plight of the workers….I think they will find a way to screw those people that need help (as always)…..even economists see the need to extend the Act even the need to expand it a bit….

Congress is back in session, and it has a weighty task before it — figuring out what to do about the economy as COVID-19 infections spike across the country and states roll back their reopenings. One central point of tension: the $600-per-week supplemental unemployment insurance benefit that was enacted in March as part of the CARES Act and is set to expire on July 31.

Democrats have proposed extending the payment until jobless rates in states fall below a certain threshold. Republicans, meanwhile, are leery of continuing the full payments, saying they will discourage people from returning to work. And it’s true that research has shown that many workers are making more money on the beefed-up benefits than they would be at their old jobs.

Economists Think Congress Should Keep Paying Unemployed Workers $600 A Week — Or Even More

Time to end these damn wars and use the money saved where it is most needed…..in this country to help those that are paying for the wars.

I Read, I Write, You Know

“lego ergo scribo”

 

Remember Dodd-Frank?

Does anyone remember the days around 2008?

The financial collapse….remember now?

Well after the collapse Congress did all they could to make things better for the society and spawned the rooks on Wall Street…..it was called Dodd-Frank.

In case you have no damn idea what I am talking about…..

Dodd-Frank is also geared toward protecting consumers with rules like keeping borrowers from abusive lending and mortgage practices by banks.

It became the law of the land in 2010 and was named after Senator Christopher J. Dodd (D-CT) and U.S. Representative Barney Frank (D-MA), who were the sponsors of the legislation.

But not all of the provisions are in place and some rules are subject to change, as we’ll see.

The bill contains some 16 major areas of reform and contains hundreds of pages, but we will focus here on what are considered the major rules of regulation.

https://www.cnbc.com/id/47075854

Basically the Congress allowed the industry to write the bill and then makes it look like someone is protected……you are NOT!

The pandemic has created a similar situation,,,,and Congress is doing what it always does….bails out the crooks as a solution to the problem….

Big business and banks are just as corrupt and eager to shovel profits to senior executives 10 years after the landmark banking reform legislation known as Dodd-Frank as they were during the 2008 crisis, a new report warns, because the bill’s regulations on executive pay remain unimplemented.

“White collar crime pays, and until Congress enacts the rules to change it, we’ll continue to see top executives raking in off catastrophes of their own making,” report author Bartlett Naylor, financial policy advocate at Public Citizen, said in a statement.

The report lists billions in bonus cash paid out to executives over the past decade despite Dodd-Frank’s regulatory framework banning such cash-outs.

“It’s 2008 all over again,” said Naylor. “Congress is bailing out Big Business and enriching CEOs while workers scrape by as the economy lurches downward in a pandemic.”

https://www.commondreams.org/news/2020/07/21/white-collar-crime-pays-decade-after-dodd-frank-executives-still-lining-their

Once again the Congress is only protecting their donors……. they care NOTHING for the “people”……and yet we are to believe that they have our best interests at heart……

Time for them to have a wake up call….and the people take back the government that began with them in mind and has gone so far off the original track.

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VOTE!

I Read, I Write, You Know

“lego ergo scribo”

2021 NDAA

NDAA? 

That would be the National Defense Authorization Act……for FY2021

Every year, members of the congressional armed services committees go through the long and sometimes torturous journey of assembling the National Defense Authorization Act, the annual bill that sets policy for the Defense Department. The entire process, however, is also a critical exercise in the formation of U.S. national security policy. 

The defense policy bill is so valuable to Pentagon operations that lawmakers frequently refer to it as a must-pass piece of legislation. Ideally, the NDAA debate forces lawmakers to explain why certain military investments are necessary or why a particular overseas military engagement has outlived its usefulness.

https://www.defenseone.com/ideas/2020/07/ndaa-should-prompt-rethinking-costly-us-foreign-policy/166686/

The M-IC has won the battle to keep troops fighting and dying in Afghanistan……

By a vote of 284-129, the House of Representatives soundly defeated an amendment to establish a plan to withdraw US troops from Afghanistan. A slight plurality of Democrats supported the measure, with most of the leadership opposing. All Republicans except two voted in to oppose. Libertarian Justin Amash supported the measure. The amendment to the 2021 National Defense Authorization Act (NDAA) was offered by Rep. Ilhan Omar (D-MN).

President Trump declared in late May that he wanted to withdraw all US troops from Afghanistan before the November election. Since that time, Democratic leaders have shifted to an even more hawkish position, pulling out all the stops to prevent such a move. Much of the foreign policy of the Democratic leadership has been driven by opposition to Trump’s positions, rather than by what is best for the country or what the American people desire.

American troops have been fighting in Afghanistan for 19 years, with no progress in reducing violence.

(antiwar.com)

Seems that the Dems are joining the Repubs as the warmongers…..so it really is truly a one party government……two sides same coin.

The Act is one of pure Neocon-isms…..

A $740 billion defense policy bill that President Trump threatened to veto has passed the House with a veto-proof 295-125 majority, with 108 Republicans voting in favor of the 2021 Defense Authorization Act and 43 Democrats voting against. The bill calls for military bases and other properties named after Confederate military officers to be renamed within a year, a move Trump firmly opposes, the Hill reports. It also includes a 3% pay rise for troops and allocates $1 billion to a pandemic preparedness fund.

The House bill passed with bipartisan support, although Republican lawmakers strongly objected to an amendment placing limits on the president’s ability to use the Insurrection Act to deploy troops within the US, CNN reports. The amendment passed 215 to 190, with only one Republican voting in favor. The Senate is expected to pass its version of the bill this week, which calls for the renaming of bases named after Confederate officers within three years. Trump said weeks ago that he would veto any bill that included the renaming of bases, but since the measure appears in both the House and Senate version of the defense policy bill, it is likely to remain in the final version that makes it to his desk.

Trump has said he will veto this bill…..we will see if he means what he says or was it all just theatrics?

It is time for the Congress to get real about this country and the money we throw at war…….time to defund the Pentagon…..yep…I said DEFUND the Pentagon.

Congress has appropriated nearly $3 trillion dollars to fight the economic and public health impacts of the Covid-19 pandemic. This is on top of a terrible budget deal last year that blew through spending caps imposed by the 2011 Budget Control Act. With little end in sight to the pandemic and its associated recession, Congress is likely to spend even more in the months to come.

With resources more limited than ever, areas of the budget that were off-limits for years should now be more closely scrutinized. At the top of that list should be the single largest part of the federal discretionary budget, an entire category of spending that has long been off the table: the Pentagon.

https://www.politico.com/news/magazine/2020/07/16/defund-the-pentagon-the-conservative-case-366066

I know hard to believe that I am agreeing with a conserv on the Pentagon……it worries me as well…..but matters not…..I will support a good idea no matter where it originates.

I Read, I Write, You Know

“lego ergo scribo”