All right well let me jump on into today's opening
monologue the right side way as always brought to
you by Stan MacDonald partner of the law firm
of Wilmer and Lee Stan MacDonald a 30 year
of veteran the prices of law and long time
conservative and oh by the way the daily sponsor
of the right side way monologue and I'll tell
you more about staying here and just a minute
OK so as I prepared for the show today
I could not help but reflect on the fact
that we are still in the government shut down
like I said a moment ago the shut down
Shinola is running deep now much of the world
is not feel at the same way right the
private sector rocks on it has two people go to
work but eventually it does begin to hit home
as parks are closed and paperwork can't get processed
as quickly in federal legal system slow down and
the pace of life has to slow and then next
thing you know our troops in our law-enforcement begin
to worry about getting paid so that means the
stores in the restaurants outside the main gate in
every military town might be seeing less revenue as
military families tighten their belts license is in passports
don't get issued to travel in business takes a
pause tourism can slow down in areas where people
usually go to something seeing in the beautiful fall
but they can't right now because the park Rangers
in the maintenance staff are all on furlough and
pretty soon the private sector begins to feel the public
actress pain and yet still the Democrats pander and
claimed that they're only real concern is just sticking
up for the little guy not really they claim
they can't do what they've done for the past
ever so many years they can't just simply fund
the government current levels make no mistake this is
a democrat impose government shut down and why because
they want to spend more money government always spends
more money right but Democrats wanna spend more money
I mean like money we may not even have
Democrats are denying people their paychecks because they want
to spend more money and that's the corrects of
the matter and your government is currently shut down
while dims demand to spend it like they've got
it now we've all had those times right I
know we have everybody here who's listening right now
it's probably had those times where you had to
rob Peter to pay Paul and by that I
mean I'm sure the most folks listening to this
I've had those days we're paying one bill not
being able to pay another or for that matter
maybe you've had times with some very important bills
got paid on a credit card and it could be
extremely frustrating and if you're not careful it can
get away from you in a hurry to this
day I'm not sure how our family made it
through my late life decision to go to law
school I mean there I was in my early
30s I had a wife two kids a dog
in a mortgage and now I go to law
school but was careful application of a second mortgage on
the house a little bit of G.I. bill too
very modest day job paychecks and a credit card the
Shell game played that for three years and using
that credit card for daily trip trips to Birmingham to
go to class and then pay down the balance
is the best we could draw from the credit
line to pay the tuition with the G.I. bill
was short pay it back down draw it again
with the regular paycheck got irregular it was three
years of financial tight rope walking but God was
faithful and I graduated and somehow the light stayed
on and the kids always had Christmas and Charlene
she was off in the miracle worker I've said
it before but I'll brag on her again she
literally used to sit down every month and she
would plan out every dinner for the whole month
every last one and then she would take stock
of what we had in the cupboard and she'd
make a shopping list for all the ingredients she
had to have to make all those meals and
when she did that it planned it out so
well I remember once being in a group of
friends somebody was complaining about the cost of groceries
and I told him how Charlene handled our groceries
and they were so impressed but they're appreciation turned
a shock when I told him she fed the
whole family of four and the dog for around
2 50 a month one lady said my word
I spent that every week there weren't many vacations
but the kids always had new clothes for school
and truthfully we didn't lack for anything in my
recollection there was actually a lot of laughter in the house
and we have said many times that we don't
take it for granted not by a stretch but
what I just described to you as what so
many others have done or are doing now but
the Biden economy we just went through that was
so much more pronounced put us into 40 year
inflation highs and Charlene and I back in the
day we learned firsthand what it had to me
to be to live within our means and do
we have some debt now of course we do sure
we're still paying the mortgage on that beautiful home
but generally speaking we're doing what many of you
were doing trying to live within our means paying
our bills stay current keeping the credit card managed keeping
our insurance premiums current giving our ties in our
gifts trying hard to be responsible to be good
student that's what most folks do right because it's
expected that we would be financially responsible unless you're
the federal government because apparently the federal government is
allowed to operate in a spending deficit in return
like you know deficit spending is that a term
that every American should know firsthand right it's literally
defined as government spending in excessive revenue of the
funds that are raised by borrowing rather than from
taxation wow the bottom line is that where Charlene
and I threaded the financial needle to get me
through law school with the understanding that every dime
of debt we incurred would have to be repaid Congress
never feels that pinch their death spending as a
lose it presents to the world the false notion
that they've got it when they really don't it
is spending more than you got but somehow in
the halls of Congress that's apparently allowable again and
again and again and every year the United States government
collects revenue from taxes and it spends it on
his public programs and its agencies and if any
given year it spends more than it earns its
yearly budget will result in a deficit and then
to cover the deficit the US treasury has to borrow
money by selling security like treasury bills bonds and
saving bonds to the public just like an individual
who spends more than what he earns we have to
borrow from the missing amount from a credit card well
the accumulated deficits a year after year for the
outstanding US national debt are huge just spend it
like you got it man well this week the
Democrats are pushing forward and they're never-ending zeal to
grow government by refusing to open government that's right
Democrats don't want to go through the normal appropriations
processes they don't wanna responsibly align spending with revenue
they just wanna bypass all the usual and regular
order of business and shut down government because they
can't get a mass of spending bill passed on
their own so a predicted $1.65 trillion in spending comes
at a time when the national debt sits over
$30 trillion and Democrats are demanding right now and increase
or they will continue to hold out on federal
employees and contract obligations and it got me to
thinking has there ever been a government leader in
modern US history who actually worked to reduce our
public debt in like a meaningful way well you
may be able to know there was one so
let me give you a quick history lesson it
was President Calvin Coolidge not so long ago I
read a biography on Coolidge and I came to
a real appreciation for the man his bio from
the coolest foundation says a few things about him it
says this John Calvin Coolidge born in Plymouth Notch
Vermont on Independence Day July 4, 18 7 2 his
family had a very simple life and Coolidge work
for the time he was very young in other
words he had a work ethic y'all Coolidge enter
the price of law and politics and he worked
his way up the ladder of Massachusetts state politics
eventually becoming the governor Coolidge was elected to be
the vice president of the United States in 19 20 but he
succeeded to the presidency upon the sudden death of
Warren G Harding in August 19 2 3 and then
in 19 2 4 he was elected to be
president outright under Coolidge the federal budget was balanced
and the national debt reduced think about that when
Coolley is left office in 19 2 9 the
federal budget was actually lower than when he arrived
at the White House 6 7 months before he had
a favorite quote he say I am for economy
and after that I'm for more economy the nation
fared so well and cool that people talked about things like Coolidge
prosperity President Coolidge left office wildly popular and he
famously chose not to run for reelection even though
we could have believing that the chances of having
a wise in public service are increased by the
change in presidential office he said after a moderate
length of time meaning he also believed the term
limits it's really kind of amazing we stopped to
think about it under his leadership the federal budget
was actually lower when he left office than it
was when he first came into office it's possible
it is it's not necessarily easy but it's certainly
possible for a visionary leader to address fiscal policy
effectively Coolidge may have lived in a different time
he certainly didn't take office with the kind of
debt like we see now but his principles and
his adherence to those principles are timeless and they
are lacking right now especially as we watch Democrats
and Congress discontinued to spend it like they've got
it and if they can't get what they want
a blank check to borrow on credit then they'll
just shut down the government and leave people without
a paycheck it is time to reopen the government
it is time to put things back in order
and get back to regular order appropriations and responsible
spending it is possible somebody please give them this
lesson somebody tell him to quit trying to spend
it like they got it and it's a rap for
the right side way