09.22.08

Earmark

Posted in Main, Word for the Day at 2:52 pm by Holder

Earmark
To set aside or reserve for a special purpose

In reference to bills in Congress, we used to call these “riders”.  This is costing the American taxpayer millions of dollars as Congress uses earmarks to buy votes from their constituents or to send tax dollars to their area that benefit them is some personal way.  Wasteful spending by Congress is the same as wasteful spending on the part of the average American.  And that is what got us into this banking mess.  Buying more that you can really afford is not the way to live.  The right to buy a house presupposes and requires the ability to make the payments for that house. We have the right of the pursuit for happiness, not the guarantee of happiness.  We have to work for what we want.  Living above your means is not a responsible way to live.  And our government has been doing the same thing……living above its means.  Borrowing money from China is not the way to run our country.

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