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Barney Frank: Start deficit reduction with big defense cuts

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cal04 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 10:28 AM
Original message
Barney Frank: Start deficit reduction with big defense cuts
http://www.cbsnews.com/8301-503544_162-20089412-503544.html
video at link

As Washington searches for politically feasible ways to bring down its deficits, Democratic Rep. Barney Frank of Massachusetts said Monday morning that lawmakers should start with cuts to defense spending.

Following the battle over raising the nation's debt ceiling, rating agency Standard and Poor's downgraded America's credit because of both deficit problems and apparent political turmoil. On CBS' "The Early Show," Frank said that defense cuts is one proposal for deficit reduction that should get bipartisan support.

He added that defense cuts should come before other spending cuts because it is the "one area in American policy where we are doing things disproportionate to the rest of the world."

"We don't give our older people more medical care, we don't have a better retirement, we don't spend more on the environment," he said. "Where America is disproportionate is our willingness to be the military policemen for the whole world."


video also here
http://www.cbsnews.com/video/watch/?id=7375985n



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mopinko Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 10:44 AM
Response to Original message
1. start with the corrupt scam artists first.
i am sure there is another generation of richard secords out here.

http://en.wikipedia.org/wiki/Richard_Secord
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nykym Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 11:05 AM
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2. Get the list of Republicons & Tehadists
who voted against the plan, Identify the large military projects in their districts and move them to the top of the list. Actions have consequences. No it is not directed to the people in the state, maybe next election they will think with their heads when they vote.
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mysuzuki2 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 01:51 PM
Response to Original message
3. One of the favorite repub boasts is how St Ronnie caused
the fall of the Soviet Union by outspending them on defense and causing them to go bankrupt. Now the other shoe is dropping 20 years later - we've also spent ourselves into bankruptcy with defense spending!
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