Richardcyoung.com

The Online Home of Author and Investor, Dick Young

  • Home
  • How We Are Different
  • Debbie Young
  • About Us
    • Foundation Principles
    • Contributors
  • Investing
    • You’ve Read The Last Issue of Intelligence Report, Now What?
  • Your Survival Guy
  • The Great Reset
  • The Swiss Way
  • My Rifles
  • Dividends and Compounding
  • Your Security
  • Dick Young
  • Key West
  • Paris
  • Dick’s R&B Top 100
  • Liberty & Freedom Map
  • Bank Credit & Money
  • Your Survival Guy’s Super States
  • NNT & Cholesterol
  • Your Health
  • Ron Paul
  • US Treasury Yield Curve: My Favorite Investor Tool
  • Anti-Gun Control
  • Anti-Digital Currency
  • World Gold Mine Production

Your government at Work: Zero Accountability by Design

December 23, 2022 By Debbie Young

Omnibus – a 4,000+ page bill voted on in 2 days? 

The bill, reportedly, totals $1.7 trillion, $773 billion of which is domestic spending specifically. 

A Pork Laden Christmas Miracle: Bringing the Swamp Together 

Democrats and Republicans reach across the aisle to waste tax-payer money. 

Why Republicans Are the Minority 

Kimberley Strassel in the WSJ explains: The GOP has a central problem: It’s members “have not shown a whiff of interest in fiscal restraint since the early days of Paul Ryan’s tenure as House speaker.”

Their majorities broke the bank during the Trump administration, enabling Democrats to point to deficits as reason to resist further tax reform. They held hands with the left to partake in five Covid bailouts in 2020 alone. They joined again to pass Mr. Biden’s infrastructure bill and the semiconductor slush fund. Members of the new, supposedly responsible Republican House majority weeks ago voted to keep the earmark gravy flowing.

No Fiscal Restraint or Reform 

Voters in 2010 put Republicans in charge of the House to serve as a brake on the Obama administration. Next year’s House majority is no guarantee of a repeat. Democrats have figured out that the bait for “bipartisanship” is the promise of dollars, and today’s Republican Party bites every time. Eighteen Senate Republicans voted Thursday for the ugliest, least transparent spending bill on record. As Republicans scratch their heads over their disappointing midterm, they might consider that voters don’t see much of a defining difference with Democrats.

Past omnibuses at least confined themselves to funding everything under the sun (especially monuments to super-appropriators like Alabama Republican Sen. Richard Shelby). This omnibus has also become a vehicle for legislation Congress wanted to pass this year but didn’t. These aren’t small changes: An overhaul of retirement savings rules. Cosmetics regulation. Electoral Count Act reform. Major changes to healthcare. For all we know, there’s a provision creating 12 new cabinet positions. We’ll find out next year, when someone has time to read it.

Want to know if your senator approves of authorizing the Food and Drug Administration to micromanage your mascara? Or killing off drift-net fishing operations? Or letting athletes at service academies get a waiver to play professional sports? Good luck. Members of both parties will say they voted for this turkey solely to avoid a government shutdown, and they’ll duck questions on the other major changes.

Lucky them. Zero accountability. Only this isn’t luck—it’s by design.

Rep. Thomas Massie (R-KY), speaking against the recently released omnibus spending bill:

$45 billion for Ukraine + unrelated laws … Don’t tell me you “defend democracy” if you support one bill once a year that funds everything, written behind closed doors by a few insiders, with insufficient time to read before voting. 

Lawmakers Look to Be Home for Christmas

The House is expected to pass the bill today, averting a government shutdown that would go into effect at midnight.

Related Posts

  • Government Dominated Healthcare Cannot Work
  • Will Your Doctor Work for the Government?
  • More Government Dole/Less Accountability
  • Our Government (Not) at Work
  • Author
  • Recent Posts
Debbie Young
Debbie, editor-in-chief of Richardcyoung.com, has been associate editor of Dick Young’s investment strategy reports for over five decades. When not in Key West, Debbie spends her free time researching and writing in and about Paris and Burgundy, France, cooking on her AGA Cooker, driving her Porsche Boxter S through Vermont and Maine, and practicing yoga.
Latest posts by Debbie Young (see all)
  • Joe Biden’s Death Warrant for Fossil Fuel Plants - May 29, 2023
  • A Memorial Day Message - May 29, 2023
  • Pushing the Envelope Too Far - May 26, 2023

Dick Young’s Must Reads

  • Robo-Advisors: When You Have a Lot More to Lose than Money
  • My Smith & Wesson Revolvers Home Defense Team
  • Who’d be Nuts Enough to Have Put Money into SVB?
  • Hey, Where’s Everyone Going? Follow the Money Kid
  • Meet Me at Freddy’s June 2022
  • Democracy & Diversity: Not In the Constitution
  • Does Big Government Create Poverty?
  • “The Goal”: Strong Families, Resilient Faith, Thriving Middle Class.
  • My Key West Garden Office
  • Escape From the City: You’re Going to Like What You See

Disclosure

RSS Youngresearch.com

  • Your Survival Guy in Rome 30-Years A.B. (After Babson)
  • Money Market Assets Hit Record High: $5.4 Trillion
  • A Three-Week International Research Trip to Paris via Rome
  • The Mania in AI Stocks Has Arrived
  • What Does That Have to Do with Your Dividend?
  • The Wisdom of Sam Zell
  • How Activists Have Weaponized Corporate Boards
  • Is an Investment Property Disaster Looming?
  • Letter to the Federal Reserve Chairman from Your Survival Guy
  • Is Japan Rising Once More?

RSS Yoursurvivalguy.com

  • Your Survival Guy in Rome 30-Years A.B. (After Babson)
  • Insurers Now Fleeing the Net Zero Insurance Alliance
  • A Three-Week International Research Trip to Paris via Rome
  • Will Biden Repeat Obama with US Debt Downgrade?
  • What Does That Have to Do with Your Dividend?
  • The ESG Cartel
  • Two More States Nearing Passage of Permitless Carry Legislation
  • How Activists Have Weaponized Corporate Boards
  • Letter to the Federal Reserve Chairman from Your Survival Guy
  • Big Blue Blob Cities Get Bad News from Census Report

Joe Biden’s Death Warrant for Fossil Fuel Plants

Will Anyone from the FBI Be Held Accountable for the Russiagate Hoax?

A Memorial Day Message

Pushing the Envelope Too Far

Your Survival Guy in Rome 30-Years A.B. (After Babson)

America’s Favorite Wordsmith Needs Tutoring

Copyright © 2023 | Terms & Conditions | About Us | Dick Young | Archives