What does 'sequestration' really mean?
What does 'sequestration' really mean?
Exclusive: Ben Kinchlow questions government 'locking away' taxpayer funds
by Ben Kinchlow Email | Archive
America is facing a potential financial crisis that, according to some, is a fiscal cliff that could have devastating long-term consequences for American businesses, large and small, employment, our international credit rating and even the stability of the dollar, all of which could have a dramatic impact on “We the People.”
Apparently, Congress is taking steps to offset the pending crises. The U.S. Senate, after a 13-hour marathon voting session, voted “overwhelmingly” (50-49) to pass a budget. The narrow margin occurred because some up-for-re-election Democrat senators sided with Republicans in voting against the first budget to pass that chamber in four years. I know many of you will be shocked (or relieved, based on your political leanings) to learn it included almost $1 trillion in new taxes. Not to worry, it only affects evil rich people; you know, the ones who own businesses and hire people.
They, no doubt, included a restriction on executive golfing excursions. As noted by Rep. Gohmert, R-Texas, Obama’s recent golfing trip to Florida would have saved as much as the furloughing of 341 federal employees.
Perhaps they included an addendum regarding first family trips. According to Judicial Watch, “a recent trip to Spain in 2010 by Michelle Obama, family, and staff cost taxpayers $467,585 and a trip by the first lady and family to South Africa and Botswana last year cost $424,142 for the flight and crew alone.”This doesn’t include first daughter Malia Obama’s $115,500 spring break trip to Mexico.
Lest some readers of this column think I am implying President Obama does not care about the fiscal issues facing us, let me include an interesting item I discovered on the Internet recently: “The president interrupted his Hawaii vacation for six days to negotiate the fiscal cliff in Washington. All told, he spent roughly 40 hours on Air Force One flying between D.C. and Hawaii.”
How concerned was he? Well, it costs approximately $180-185,000 an hour to operate Air Force One. Assuming $185,000 (government always costs top dollar), he spent $7,400,000 of his money to get back to look after you. (Oops, sorry! That was your money, wasn’t it?)
I am sure, since both conservatives (for support) and liberals (for anti-conservative ammo) listen to Glenn Beck, they are most likely aware of this radio transcript posted by Beck Dec. 5, 2012:
“Every year taxpayers in England have to spend $57.8 million for the first family of Great Britain to make sure that everything is maintained and everything is taken care of and their security and everything else, $57.8 million. And the people in England are upset about it.
“How much did we pay our royal family? How much did it take to maintain our royal family, the Obamas, just last year? Now, this is really interesting, especially as we come up for another vacation for the Obamas. This one is going to cost us $4 million. This vacation in Hawaii for Christmas is going to cost you $4 million. How much did we spend last year? Remember, the royal family cost $57.8 million. Would you be stunned if I told you it was $50 million? Would you be bowled over if it was $100 million? How much do we spend? The total last year, a little higher than $57.8 million.
“So what was it? $60 million? No. $100 million? Nope. $250 million? Not even close. The answer: $1.4 billion.“
The current administration is obviously concerned; NBC News reported that “the canceled White House tours save the Secret Service around $74,000 a week and would save around $2 million by the end of the fiscal year. Some 37 Secret Service officers are employed to staff the tours.”
Washington is determined to do something about it. Witness the charges and counter-charges, debates and arguments raging in both houses of Congress about tax cuts, higher taxes, fair shares, balanced budgets and now “sequestration.” For Pete’s sake, what is “sequestration?”
According to Auburn.edu, sequestration was “originally a legal term referring generally to the act of valuable property being taken into custody by an agent of the court and locked away for safekeeping, usually to prevent the property from being disposed of or abused before a dispute over its ownership can be resolved.”
In a monarchy or dictatorship, there is no need to consult with anyone except the reigning potentate or his closest advisers as to the generation and disposition of revenues. The king and his court neither have limits on their terms of office nor can they be questioned as to their intent. The people are essentially chattel and are subject to the whims of their rulers, who do what that want, when they want, the way they want.
I have a question: Since the president and Congress have no money, own no property and earn no private capital by their own efforts, whose money are they spending and whose valuable property [is] being taken into custody – and locked away for “safekeeping” – to “prevent the property from being disposed of or abused before a dispute over its ownership can be resolved?”
Read more at http://www.wnd.com/2013/03/what-does-sequestration-really-mean/#mL5tGjXMQgtIcA1k.99
5 Comments:
Break it up and you can se what it means.
Se - Quest - Ration.
Yepper...
It means living well of our dime.
@Im2smart4u:
How would you know, you've got your head so far up your A$$ that you couldn't tell the difference between a lemon and a fig. Get off your race card waffle, and show me how George Bush spent more than this regime has already.!
Pony up or take a hike, plain and simple..
In case you haven't seen it already, COLOR doesn't have any bearing on being able to solve anything, now does it????
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