Friday, June 11, 2010

Joint Budget Planning????

On June 9th the Wall Street Journal reported that the top finance officials from the EU, the European Union, are urging the need for more centralized budgeting. What this would mean is that all the members of the EU would submit their budgets to the council after they have been submitted to their respective governments. Now on the surface many will say that this is just good economics since they rely on each other to bail them out. Excuse me! One country relying on another countries budget to be able to survive? One country having a say in another countries budget? Is this just the precursor to a One World Government?

Let me give you an example that many people may be able to identify with. I am married with 3 children that are for the most part out on their own in the world, well, one of them is back home now, at least for a little while. We live on about an 11 acre plot of land that was passed down to my father by his parents, part of that was put in my name so I could build a house on it. My parents have since built a house on it also. Ok, now down to budgets. When my wife and I are making out our family budget we take into consideration what we need as a family. When my parents are working on their budget they take into consideration what they need as a family. We do not take our budget over to my parents to get their approval nor do they submit theirs to us for approval. Sure we share the same piece of land and have common goals but, what they earn and spend is not my concern or business, just as what I earn and spend is none of theirs. When our children were at home our budget would include their allowance, what they did with it after we gave it to them was their business. Once they left home we stopped giving them an allowance and they started figuring out their own budgets. As parents get older and their income goes down there may be cases where the next generation will include them into their budget to help support them. In times of hardship we have given money to our grown children if we could afford it just as our parents have done for us at times and we have done for them at times, only if we were able to afford it. Does this sound like how most families work? When you are planning out your budget do you take into consideration your neighbors budget? Do you loan money to a family member or a neighbor when you can’t afford to? Do you loan money to a family member or neighbor when you know they are just going to use it frivolously when there are better things you could be doing with it? Do you continue to loan money to a family member that just keeps making bad judgments on how to spend it, never changing their habits? Most responsible people do not like to throw good money after bad.

Now take that same attitude and look at the world we are living in now. Given the above example of a family’s budget let’s use it as an example for the Government. My parents, as the Patriarch and Matriarch of our family, would be the Federal Government. My wife and I would be the State Government with our children would be the local county and city Governments. The way our Government was originally set up the Federal Government had no means of earning money other then through taxation. That taxation is coming from the individuals of the States and from taxation of imports and exports to and from other countries. The State Governments receive their income from taxation of income within that state, sales within that state, land usage within that state and road usage within that state. Local County and City Governments income is obtained typically from property taxes within that County of City and from the budget of the State, just like a child working a part time job and receiving an allowance. This isn’t a perfect parallel of how a family budget works but its close. The Federal Government has a limited income so it should have a budget to match; the States have limited income so they should have budgets to match, and the same with the smaller local Governments. One States budget should have no affect on another States budget, just as one countries budget should have no affect on another. Our Federal Government needs to take a few lessons from family budgeting. The USA needs to stop sending foreign aide to third world countries that are doing nothing to improve their lot in life. Stop sending money to countries that have had some form of disaster while we are fighting disasters in our own country. Stop making loans to countries that are going bankrupt but are unwilling to change their spending habits. I know some of these sound heartless but let’s look at the reality of it. If the USA continues to make loans to countries that are never going to be able to repay us how long will the USA be able to stay afloat, once the USA goes bankrupt what help will there be for those recipient countries? Just to stay with the reality of the situation, the USA is on the verge of bankruptcy already.

Now look at the joint budget planning, this is just another step towards a One World Government, just what the progressives want. Do we want the French or the English to tell us how to spend our money? Didn’t we fight the French and then the British for the right to do what we felt was right for this country? Do we want to present our budget to Greece for approval? They haven’t done to well with their country so what makes anyone think they should have a right to tell any other country how to run their countries budget. I know we are not one of the members of the EU but if the EU moves forward with this how long will it be before a similar move will be made in the United Nations. How long will it be before the EU and the UN are making moves to have joint planning and approval for other areas of the Government, such as what laws are written, what rights are observed, and what freedoms are allowed. Is that what we want? Do you want your neighbor or someone in another part of the State you are living in to tell you how to setup your family budget? Do you want Nations with completely different moral codes to tell us how our laws should be written or what freedoms we should have, if that’s what you want you will have no freedoms, you will be a slave to the One World Government. If you don’t believe this to be the direction the world is headed you need to stop and listen to the politicians. The progressives in our own Government are headed towards this at breakneck speed. Anyone that believes in what this country is suppose to stand for needs to wake up and start paying attention to what is going on not only in our country but also throughout the world and how it affects us.

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