WHAT DO THE FINANCIAL CRISES IN GREECE, PORTUGAL, SPAIN, IRELAND, BRITAIN AND THE USA ALL HAVE IN COMMON?

WHAT DO THE FINANCIAL CRISES IN GREECE, PORTUGAL, SPAIN, IRELAND, BRITAIN AND THE USA ALL HAVE IN COMMON?

UNBRIDLED GOVERNMENT SPENDING AND DEBT AND STATIST POLICIES WHICH PERVERTED THE FREE MARKET.

NEITHER GREECE, PORTUGAL, SPAIN, IRELAND, OR BRITAIN HAD EIGHT YEARS OF BUSH POLICIES; THE GOP DID NOT DRIVE THEM INTO A DITCH.

THEY WERE DRIVEN INTO THE DITCH BY UNBRIDLED GOVERNMENT SPENDING AND INTERFERENCE WITH THE FREE MARKET.

IN THE USA IT PRIMARILY TOOK THE FORM OF FANNIE MAE AND FREDDIE MAC AND THE CRA.

THE PROBLEM ISN'T AND WASN'T WALL STREET OR GREED.

THE PROBLEM IS AND REMAINS BIG GOVERNMENT.

IOW: SOCIALISM.

THE ANSWER ISN'T MORE DEBT.

IT'S AUSTERITY. AND LOWER TAXES.

THE USA FEDERAL GOVERNMENT SET A RECORD IN RECEIPTS WITH THE CURRENT TAX RATES. IN 2007.

NOW - WITH THE SAME CURRENT TAX RATES, THE USA FEDERAL GOVERNMENT IS SETTING RECORD DEFICITS.

WHY? WHAT CHANGED?

THE ECONOMY. THE ECONOMY SHRANK.

THE SOLUTION ISN'T RAISING TAXES. NOT FOR ANYONE.

THE ANSWER IS MORE GROWTH.

AND RAISING TAXES WON'T LEAD TO MORE GROWTH.

IT'S THAT SIMPLE.

ANY AND ALL POLITICIANS WHO FAVOR RAISING ANY TAXES SHOULD BE THROWN OUT OF OFFICE. AND UNTIL THEY ARE, THEY SHOULD BE IGNORED.