Our spending superheroes?

superheroes_final2

September 22, 2011

Americans are holding out for a hero on spending. Maybe even a superhero.

What if there was a group of lawmakers whose sole mission was to scrutinize our spending and find at least $1.2 trillion in cuts in a sweeping effort to control the country’s economic crisis? Sounds like something we could really use. Maybe we could even call it a super-committee?

Well…apparently we’ve got one. Today, we introduce the members of the super-committee like you won’t see them anywhere else.

Want more? Get the full rundown on the committee and its members in the accompanying fact sheet. Click here to download.

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  • Ronald Fortunato

    There is only one way to fix the financial trouble in our country and that is the act of Disinflation!!!.This will be hard to do at first, but it will get better. Does this committed have the back bone to do what is right??????

  • Pieter

    These are politicians, do they do anything right for our country? Or do they do it for themselves and those that pay them for special interests?

  • http://www.Wellosophy.com Dr Richard Davis

    The only fix to the debt problem is to eliminate debt. Is that s hard to understand? If Congress abolished the Federal Reserve and resumed it rightful Constitutional role as the creator of credit and currency without debt, we could restore free markets and personal liberties. Prosperity would flow from the minds of a free people once again.

    This is the lesson of history. Learn it well before it is too late!

    • themanwithsauce

      I’m pretty sure without the federal reserve our money would become worthless since without a central bank how would our money hold value? We’d have to go back to some sort of precious metal standard which is hilariously unstable and a step backwards. If the central banking system for the US is abolished then our money becomes worthless internationally as well.

      And of course the solution to the debt problem is to eliminate debt. But the question is where do we find the increase in funding AS WELL AS the reduction in spending? People seem to be under the impression that we only need to cut spending on everything OR raise taxes to solve the problem. But neither one will completely work. The government needs to spend a certain amount to keep its economy going smoothly. And taxation is a difficult sell both because of faith in the government and perceived gains. I’m unhappy with certain tax increases because I feel like that tax isn’t going to do what it says it will do.

      Really, the problem will get solved when we get leaders and candidates who both have the necessary moral standard and intelligence to do a good job but also have the charisma and staff to make them appear likeable.

  • Patrick

    “If Congress abolished the Federal Reserve and resumed it rightful Constitutional role as the creator of credit and currency without debt, we could restore free markets and personal liberties.”

    This comment makes no sense. Congress doesnt do things direct. they legislate to create bodies that have the executive authority. So Congress, in its authority, set up the Federal Reserve bank to have the ability to create and manage credit and interest rates. The Fed is a part of the free market system.

    without the Fed, our credit system would be less stable and we would have less prosperity not more.

    However, the Fed is distracted by their dual mandate, and should instead have a more direct mandate of a stable currency and a goal to keep the economy stable (avoid deflation and inflation).

  • paula roudenbush

    I am 64 years old and I can remember only 1 politican that was a true honest and fair man in office. And that man was and still is Lee Hamilton. God Bless him

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