Thursday, September 23, 2010

400-408 – • Kevin Williamson, NRO (6/14/2010) The Other National Debt.  To the $14 trillion dollar national debt, we need to add:  $2.5 in state-and-local debt, $3 in government pension plans, $1 in government retirees' health care plans, $.5 to Fannie and Freddie guarantees, and Social Security and Medicare $106 – which brings the real total of our debt to $130 trillion dollars as of right now.

// The debt numbers start to get really hairy when you add in liabilities under Social Security and Medicare — in other words, when you account for the present value of those future payments in the same way that businesses have to account for the obligations they incur. Start with the entitlements and those numbers get run-for-the-hills ugly in a hurry: a combined $106 trillion in liabilities for Social Security and Medicare, or more than five times the total federal, state, and local debt we've totaled up so far. In real terms, what that means is that we'd need $106 trillion in real, investable capital, earning 6 percent a year, on hand, today, to meet the obligations we have under those entitlement programs. For perspective, that's about twice the total private net worth of the United States. (A little more, in fact.)

413-423 – A Pledge To America:  A New Governing Agenda Built On The Priorities Of Our Nation, The Principles We Stand For, And America's Founding Values (9/23/2010).

• NRO Editors (9/22/2010) We'll Take the Pledge.

FY 2011 Discretionary Federal Budget.  62% (~$2.6T) is non-discretionary, 38% (~$1.4T) is discretionary.

My quick summary – Create jobs, lower taxes, reduce spending, shrink government, defend traditional marriage, promote life and ban federal funding of abortion, repeal Obamacare, create high-risk funds for those with pre-existing conditions, freeze government hiring, cap federal spending, no more federal bailouts, cancel TARP, refund unspent Bailout money, enforce the borders and support states who implement federal law (Arizona), fund missile defense, enforce sanctions on Iran, keep Guantanamo open, don't grant Miranda rights to terrorists, refuse to bring terrorists on our shores, put the entitlements "on budget" so we know our true national debt, disconnect Fannie and Freddie from the federal government, cite the constitutional justification for all congressional spending, confirm justices who honor original intent, return to federalism and the Tenth Amendment.

428-437 – Calls

443-452 – Calls

458-508 – Calls

512-523 – Calls

523 – Don Rohde @ Galpin Ford (818) 262-2092.  For the past 38 years, Don has been a sales manager at Galpin, the #1 volume Ford dealer in the world for the past 20 consecutive years.  Galpin has been family-owned and operated for the past 59 years, and 90% of their business is repeat or referral.  Galpin offers Ford, Lincoln-Mercury, Honda, Mazda, Saturn, Volvo, Jaguar, and Aston Martin.  Located in the heart of the San Fernando Valley at Roscoe and the 405, it's Galpin Ford (

528-539 – Calls

• Gustavo Arellano, OC Weekly Blog (9/20/2010) Loretta Sanchez on Univisión: "Vietnamese" Trying to Take Her Congressional Seat Away from Democrats.

In the same answer, Sanchez tells Ramos in pocha Spanish that Democrats might not come out to vote, thereby sealing a comeback for the GOP. It's especially worrisome for her, she says, because "the Vietnamese and the Republicans are--with an intensity (emphasis hers)--trying to take away this seat, this seat that we [Democrats] have done so much for our community, take away this seat from us and give it to this Van Tran, who's very anti-immigrant and very anti-Latino."

544-554 – Calls

558-608 – Calls

612-623 – Calls

628-639 – Calls

644-656 – Calls

• Michael Brush, MSN Money (9/23/2010) Why CEOs can't stand Obama.

• Hugh Hewitt (9/23/2010) Obama's CNBC Townhall Was a Disaster.