Today we are going to discuss – BUDGETS! Yeah! Everybody loves a budget. Right?! No?! Wut? You don’t love having a budget or even talking about them? Dang. Maybe I can change your mind. Maybe not.
With all of the unnecessary drama about the funding issues caused by Demoncrap politics and R-con pansies primarily in Club Senate, we need to remember all of it can be fixed if We the People keep the hammer down on ALL elected officials. I will be suggesting a couple of methods further down in this text for when America First MAGA decides to wield its power on the elected officials nationwide.
But first, let’s see what The Word has to say about a related subject. First from the Old Testament in Proverbs 21:5.
“The plans of the diligent lead to profit as surely as haste leads to poverty.”
The next is from the New Testament in Luke 14:28.
“Suppose one of you wants to build a tower. Won’t you first sit down and estimate the cost to see if you have enough money to complete it?“
We see that the prudent person makes plans that leads to success while the impulsive goes broke. In keeping with that, if you are planning to build or do something, you need to know how much it will cost or else it may not get done.
So plan for success. Check. Determine the cost and how much money you need to get it done. Check. Yeah, you know that means to BUDGET.
Simple concept to understand and execute if we are disciplined enough to do it. The problem is the majority of humanity rarely does. The attitude is “We don’t need no stinkin’ budgets (badges)!”
Budgets
I am not going to bore readers with a discussion on how to budget. You know how, you need to just do it. Below are some recommendations of types if you need them.
Wifey and I have never budgeted annually. Instead we plan and do our version of the No-budget Budget continuously as in the link. Which means planning long term for purchases, investments and other major uses while controlling spending to build surpluses. Then we spend the money at the right time and always look for the low point in pricing of whatever it is, which can be on sale, seasonal, negotiable, etc. We do not agonize over spending the funds since we planned and did our due diligence about a product or purpose. This method works for even emergency usage purposes. You simply think through what could happen and plan for possible emergency needs along with allocating funds to savings over time.
However, the budgeting I am primarily discussing today is our nation’s.
Federal Budgets
When was the last time a full budget of our federal government was approved by both houses of Congress and signed into law by the POTUS on time before the fiscal year began, which means without use of continuing resolutions (CR’s)?
No fair cheating and asking AI. Well, OK, go ahead if you must.
The year was 1997. Yup, about three decades ago. So let’s revisit some headlines from those days.
Slick was still doing the dirty with Monica.
Sorry, couldn’t resist. 😂
Ireland granted a divorce for the first time in its history, Notorius B.I.G. was shot to death at an LA stoplight, Heaven’s Gate cult members committed mass suicide in SoCal, Timothy McVeigh was convicted of the Okie City bombing,
Tiger Woods won his first Masters. Shockingly, he is still alive after winning more and blowing up his body and personal life multiple times.
Hong Kong was returned to China, Princess Di died in that Paris car crash, John Denver died in a private plane crash, Elton John hit the top of the charts with Candle in the Wind, and the Titanic mega movie hit theaters.
The economy was buzzing. Newt’s Contract with America was paying big dividends and Slick was staying out of the way while taking all the credit; which was always the Clinton’s favorite move. The GDP had grown to a dazzling (for them and then) 3.75% range and markets were good with the Dow Jones Industrial Index closing at 7908. My own small business banking career was beginning to take off. Life was good in general for much of our population. The following Fed annual report can inform anybody who wants to know more about our nation’s financial condition.
https://www.federalreserve.gov/boarddocs/rptcongress/annual97/ar97_02.pdf
Fast forward a half dozen years and the trends may start making you depressed as you remember then and now. Look at how much the deficit has increased since the last annual budget surplus was achieved in 2001. Since that point our nation has experienced 9/11, forever wars, the debt markets collapse and Great Recession beginning in 2008, Russia Russia Russia, the COVID scamdemic, openly stolen elections and lighting a match to more money than we can count supporting Nazis in Ukraine. It has been almost like we were in a controlled state of demolition as a country. Right?
Well, what nation or nations rose during that period? Yup. What elected officials aligned with those nations during the period? What industries and companies benefitted the most from the answers to those questions? What events distracted We the People from the answers to those first two questions?
It has been as simple to analyze and understand as answering those type questions.
Today
We the People have learned much through those 25 years. We learned that the old rules, thoughts and ways of doing things are no longer productive or necessary. Citizen ownership of guns and concealed carry permits/licenses have exploded. We learned that many kids did not succeed in public schools or live well after getting shot up with endless vaccines. Prepper supplies and info sold like hotcakes. We have learned that Big Pharm, CDC, FDA, NIH and a sundry of medical professionals as well as related industries, organizations and schools are extremely dangerous scam artists and liars who are willing to commit genocide for a buck. We learned that some believe there are dozens of genders with matching pronouns, you can mutilate a human to make it a different sex to affirm the “dignity” of the person, that sexual perversion is cool and normal, that you can dress like an animal and use a kitty litter box instead of a toilet even in public schools, that baby parts and blood help old human demons stay alive, and so on.
You get the picture.
We also learned about a guy named Trump. Boy, did we ever learn. The entire globalist world upchucked on itself when #45 happened. We MAGA types could scarce believe our good fortune. We knew we were cooked as an independent nation without a force such as him and the patriots taking over. He brought incredible economic growth despite all of the skullduggery of the wicked globalists who opposed his every move and tried to take him down.
From these experiences we also learned on a more mundane business of We the People level that the nation does not need an annual federal budget since there has not been one that mattered even when eventually one would get done well into a fiscal year THROUGHOUT THE ENTIRE PERIOD.
A few years of stupidity is one thing, a quarter century of it should be enough for everybody to admit that things have to change.
It no longer mattered because the federal government ALWAYS spent far more than the revenues they forecast or received because investors and other countries continued to invest in our debt (Treasuries). At least they did when the Treasury and Fed were not issuing and buying back their own debt. Say hello to quantitative easing. Had the inflow and creation of funds out of thin air stopped, the excessive spending would have stopped and the complicit businesses that caused the fiscal nightmare to the economy would have hit the bankruptcy courts. But the politicians could not have that because there personal incomes would take a hit.
America provided foreign investors a perceived safe harbor such that they made an acceptable rate of return orchestrated by a compliant and complicit Fed, which is not controlled by the POTUS or Congress despite being technically under the U. S. Treasury. That was the brilliant evil that came from the globalist ghosts of Jekyll Island. Ot course the politicians have been all too happy to play along with the scam as they became richer and richer.
Some created funds usage went for nefarious purposes of weakening our nation’s economic condition to the delight of the Uniparty, War Pigs and other enemies of the Republic who benefitted. Trump and patriots are dismantling one of their primarily beneficiaries – the Islamic Republic of Iran, before our very eyes today. The international corruption became business as usual, entrenched and built into the system that eroded the wealth of our middle class. The national debt and annual deficits exploded.
The submitted budgets from Congress and Presidents never practically balanced and there have been no restraints. They were fantasy and lipstick on the pig. It was all SWAG based using phony baloney projections and assumptions cooked up by partisan political hacks and backed by the Dem controlled Congressional Budget Office (CBO) and other swamp critters. The Republicons never cared enough to clean house when they won elections, they wanted theirs as well. Congress continued to spend like drunken sailors with no thoughts of tomorrow or We the People because most were in on the money grab. Explain the massive fortunes these elected officials accumulated during their times in office any other way. Their operatives made out like bandits as well in high paying, fake government jobs which led to the radical blue area support in DC, northern VA, Maryland, Delaware, etc.
All of it proves we do not need to keep doing annual budgets in our status quo halls of Congress since they have been weaponized against We the People. It will remain that way to some degree until/if a balanced budget amendment is passed. Until then, I suggest we think outside the box and upset the Deep State apple carts permanently with the following.
Perpetual Budgeting
Sometimes known as a continuous budget in the spirit of our personal budget model discussed above; the perpetual budget provides for updating on a regular, usually monthly or quarterly, basis as well as when major plans and changes in budget are approved and implemented. In this case that latter point would happen as major legislation is passed that requires budget adjustment. As an example, when one month or quarter is completed another is added. There would be no requirement that a budget of that type be done only on an annual basis. It could be for two or four years as examples, if at all after the initial one is passed. There is no Constitutional requirement for an annual federal budget. That is an outgrowth of the House of Representatives being granted authority over the purse. It is a practice that is lawful, but without specific provision.
For what it is worth, in my best Scott interrogation of Chat GPT, I took it down and made it apologize for saying there was a Constitutional requirement with its first response.
😂
To effect the change would mean legislative approval would be required to modify the process from the existing selected method of practice and procedure. Which is a timing issue for when a white hat GOP group of patriots gained control of Congress. When explained to American citizens it would become another 80/20 approval of the measure. The continuous haggling and posturing over budget matters would end. The fake news media would hate it and oppose. They might have to actually work as journalists to survive instead of the profiting from the Kabuki Theater we see today.
When used with a Balanced Budget Amendment (BBA) the perpetual budget would require significant proof, not faked estimates, of funds and revenue stream availability to justify any additional allocation or increase in appropriation as well as the increases in costs and expenses. There would need to be approval from Congress to make budget changes to ongoing appropriations and allocations That could potentially slow “progress” down, not a bad thing in some cases as it would slow the mischief of the Uniparty.
With the dynamics of our huge budget that has so many moving parts and the rapidly growing tariff revenues, the flexibility of continuous budgeting would put a headlock on the current and future political gridlock in Congress over CR’s and “annual” budget appropriations.
What some folks miss is that many programs and departments in the federal government have “end” (termination) dates that are forgotten or intentionally ignored. Instead they get continually renewed through CR’s and inattention. This keeps operatives employed and making mischief throughout the system to enrich the participants. In perpetual budgeting they are automatically ended unless extensions are approved in advance by Congress. We the People will know if we are provided transparent access to the financial workings of our nation, which is a goal of DOGE and U. S. DOGE Service.
It would also be an ideal weapon for PDT and future patriot Presidents to respond to opportunities throughout the globe as well as a deterrent for excessive spending by any elected officials. As an example, if American citizens got stupid and voted more criminals into power, the codifying of perpetual budgeting and the BBA would provide a good defense.
The operations of America, Inc. would take a more business as usual approach that would kill the Uniparty’s hellbent desire to spend other people’s money (ours) for personal and NGO gain. Political battles, holding payroll hostage and posturing in the media over CR’s would end as well. CR’s that have been a plague on our nation for 25+ years would have no reason to even exist.
Perpetual budgets would reduce the numbers of non-productive budget personnel in every area of government. With the new AI based operating system that is envisioned and being implemented there are less “hands” in the process as well as the till. The archaic always wrong, Demoncrap controlled CBO would be revamped to reflect current and proposed methods that actually work as well as using real time financial activity. Forecasting would become much more accurate and predictable, which would benefit all of us.
Our elected officials need to be more responsive to a rapidly changing, dangerous world while being much more responsive to We the People. The old ways and games they play need to come to an end. The Fed report I linked near the beginning is the type report and analysis they still do today. It is passé. PDT is trying to force the federal government and Federal Reserve into current times since what formerly was, is no more. Scott Bessent is being a hammer in Treasury and on the world stage. We do not need the old business as usual to throw a monkey wrench into The Golden Age. The unelected Fed would be completely removed from policy making, a goal of #47’s admin. Along with the proposed changes in the CBO, the Uniparty and Deep State would lose serious levers to their ages old political stranglehold on power and access to money to fund their devious schemes and activities.
I have provided a balanced look at Perpetual Budgeting in summary form in the link below for those who want to know more, while at the same time knowing that many readers will not do so. 😂 Perpetual budgeting does not have to be strict and narrow, it can be adapted to government accountability needs that make sense. Think practical and pragmatic, not political and corrupt. Think innovatively, not stuck in what seems to have always been. If 1913 taught us anything, the paradigms can be changed for good or for evil.
https://www.accountingtools.com/articles/what-is-a-perpetual-budget.html
Think about it (or not).
Krazy Karen & Ken Korner
For what it is worth, if you are unaware of him, brandonjamal is brutally honest with a potty mouth.
This one is potty mouth truth telling.
😂
Remember Wolf’s site rules. Note and label all AI. Please be kind to one another, we are all in this together. May God richly bless America and all of you.
Before all things and people – In God We Trust. Also, trust Trump and the plan.
But I don’t want to be First. I want to stay pgoup2.
Is pgoup something you accidentally step into?
While walking out the door of a Learing Center…..?
Too late, you missed your big chance to be second! 😂
You are the First (and only, one-of-a-kind) pgroup2.
ThanQ for noticing. 😉
You’re the one I always look forward to seeing.
There are a couple of overall problems with budgets in the business world. The first is that they must be addressed seriously by serious people. Let’s take a simple example — your sales team says that next year’s sales will be up 20%. Since you can’t sell what you don’t have, this means your cost of sales will be up 20% about three months earlier — you have to buy it and put it together. That putting it together is going to mean your labor costs will go up by 20% about two months earlier, and your commissions will go up three months earlier. Then your accounts receivable will go up until 60 days after delivery. All this is going to drain your cash.
If your sales guys are allowed to drop this on the floor and then not perform, it may actually detonate your company — and that’s only 20%…..like a sales guy claiming he has six inches when he’s only got five. Happens all the time.
The second thing is that they are seriously dependent on time and externalities. Growing sales by September is a very different beast than growing sales in January. Further, you cannot focus solely on your sales ramp plan when your product is recalled by the Feds — you need contingency plans. Contingency plans, fortunately, need not be as detailed as your main plan….you just need to have considered their general shape. Cash in suitcases, private jet to non-extradition country is a classic.
When you get to Government Accounting, you step through the Looking Glass. The budget becomes the financial statements, and silly matters like actually having the cash are shoved into disused restrooms under stairwells, behind signs that say “Beware of the Leopard.”
You measure “expenditures” [cash movements] against “appropriations” [government resolutions] like it’s supposed to mean something, and the “appropriations” can change if the Clerk of the Senate gets hiccups at the wrong time.
The concept of perpetual budgeting is interesting, but my impression of the way Congress approaches it comports with this comment. I don’t think anyone in Congress takes budgeting seriously, so to change the way they make the budget would be a major ordeal. To me, it looks as if they include whatever spending they want with no consideration for the consequences.
Instead of using a budget to coordinate operations, governments use it to obscure operations.
Speaking of being light on your feet….
One time, the company I was working for required some extra square footage, so we went out with some real estate guys to look at a property. It looked like it had been hastily abandoned, so I took some time to find out the story.
Turns out, the facility had been a contract “burn-in” test facility, where equipment is run for a period of time, sometimes at elevated temperatures, in hopes of weeding-out the weak. Intellectually, this is very close to watching grass grow or paint dry, but you need to produce a nice “techie” report at the end. Accordingly, this is often done by “fly-by-night” operators with no long-term business plan. This guy had defaulted on his rent before the ink on the lease was fully dry.
When the Sheriffs showed up to padlock the place, they guy was right in the middle of a facilities demonstration for a big prospective customer. The Sheriffs came in, were taken to the back room by the operator, came out and started putting locks on the doors. If it were me, I would’ve thought I was cooked.
Instead, the operator whisked the would-be clients out the door and took them to dinner. He told their delegation that it was a “bomb threat” and everyone had to immediately leave the building.
French phrase worth knowing: “de l’audace, encore de l’audace, et toujours de l’audace”.
The audacity!
It’s pretty close, but not exact — as usual between languages. Rendered into English, it’s sort of “boldness” or “daring” — although Google Translate goes with “audacity”.
The difference is that the French implies pressing forward despite the risk, while the English is pressing forward despite the offense against social order. As an example, Cambridge goes with https://dictionary.cambridge.org/dictionary/english/audacity “courage or confidence of a kind that other people find shocking or rude”.
Still, it’s not the worst example of mixing words that sound vaguely the same in English……for that, I’d tag the Spanish word “embarazada“.
An English speaker might be tempted to render this as “embarrassed”.
It actually means “pregnant”.
“For what it is worth, in my best Scott interrogation of Chat GPT, I took it down and made it apologize for saying there was a Constitutional requirement with its first response.
😂”
_____________
👍😁
That’s funny, but for it to make that kind of a blatant error, and spread it, does not bode well.
*snicker*
LOL!!!
I had always misheard this as:
Before we scare the cockatoos
From Canton East to Yongaboo
It’s a great song, if it weren’t such a stupid concept.
Mike Davis:
When The Fiancee and I bought our house, we had (among other things) the roof assessed. We were told that our roof would last about 8 more years, and the cost to re-roof the place would be about $16,000. So we saved an extra $167 per month to our “roof account” (if you have enough funds in one account, banks are generally willing to have a number of accounts on a consolidated statement).
Twelve years later, we had enough saved to re-roof the house and move the HVAC into the attic at the same time.