Monday, April 15, 2013

Sequestration was conceived by Obama, orchestrated by Obama, and every hurtful cut was specifically schemed and approved by Obama to inflict maximum financial injury on the voters.



equestration. What in the world does it mean? The dictionary definition. Take possession of, or confiscate, the assets of any entity which has defaulted on its obligations until those debts are paid, or the claims against those assets are mitigated. Okay, now that you know what sequestration means, you can see what Barack Obama is doing. What's wrong with this picture? Who's the real bad guy here? Who's spending money he doesn't have? Who's really spending money the People's money? The People's representatives? Or a committee of twelve, six of whom have no authority to reach into your pocket? We'll come back to that in a few minutes.

Let's examine how we got to sequestration so you can see the problem from the insiide-out. Your home has certain fixed expenses each and every month (whether you ever take the time to work up a budget or not). Families who live on a budget generally get their bills paid on time simply because those obligations, or the percentage of those obligations paid with each paycheck, are usually the first things that get paid. They may have some lean meal days during the third week of month, and their family entertainment may be TV and popcorn rather than a movie theater and dinner out at a favorite local restaurant once a week, or twice a month. That's what living on a budget does. It makes you live within your means. Responsible people don't spend money they don't have. Nor do responsible governments.
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