Today I'm going to tell you more interesting things we've learned from the debate about the federal budget.
1. It is really possible to balance the budget by 2020, and the Republican plans prove that it is doable. If we delay taking the necessary steps, we will soon be spending every dollar of federal revenue on interest which, like unpaid personal credit card debt, will progressively increase in rate in addition to amount.
2. We can reform extravagant welfare spending and the more than 70 means-tested wealth-distribution handouts by the same formula the Republican Congress adopted in 1996. That welfare reform was signed by Bill Clinton but unfortunately, repealed by Obama.
3. We can stop the unsustainable growth of Medicaid by block-granting the funds to the states. The states can then fix eligibility and benefits.
4. The Republicans are far too timid in dealing with the fiscal and unemployment problems created by illegal immigration. That is costing us a mountain of taxpayer spending for means-tested financial handouts, hospital and medical care, and U.S. citizenship given to anchor babies.
5. Obama's tremendous deficit spending confirms the researchers who discovered that he is following the Frances Fox Piven strategy, which he learned from her own lips as a principal speaker at a Socialist Party Scholars Conference in New York in 1983 when Obama was a student at Columbia University. Her strategy is to flood the welfare system with more recipients than taxpayers can afford, thereby creating a financial and political crisis that will doom the capitalist system and move America into Socialism. That Socialist Party Conference commemorated the 100-year anniversary of Karl Marx's death, and Frances Fox Piven urged her listeners to "stand within the intellectual and political tradition Marx bequeathed." Scholars have documented the socialists who attended that event and then went into community organizing to spread their message, some of whom became colleagues or mentors of Barack Obama.
Listen to the radio commentary here: