Rick Santelli Explains Difference Between A Democracy And A Republic

[Locutus]

via RCP:

RICK SANTELLI: You know, this country is a republic. And I'll tell you, there's a lot of various forms of government, but this really is important. A republic and a democracy are pretty much identical, pretty much on every level. Except for one. And this is where I think the fiscal cliff and Simon referring that, you know, president holds all the cards. I don't know that that flies. The difference is, in a republic, the sovereignty rests with every individual person. With a democracy, it rests with a group. And this is a big distinction. Because we elect leaders to represent us. So when they go to Washington, they are there for a reason. The president doesn't hold all the cards. The cards are evenly split up! Now, we had Senator Mark Warner on the other morning. (Clip of Sen. Warner wanting to give POTUS the power to raise U.S. debt ceiling)

Oh, my goodness! What does he think, it's a monarchy, a dictatorship? You know, various forms of government are very inefficient.These are very inefficient. We are a republic, very inefficient. If you want a really efficient form of government, you have a king or a dictator. And in the end, you hope it's a benevolent one. But then you could get things done. There's no lurching, there's no bumps. That's the cornerstone of checks and balances.

video at link:

Rick Santelli Explains Difference Between A Democracy And A Republic | RealClearPolitics

 

[tay]

In modern history, Ronald Reagan oversaw the largest number of debt ceiling increases, and George W. Bush approved a near doubling of the borrowing cap during his two terms in office.


The debt ceiling was raised on seven occasions during President George W. Bush's two terms in office, from $5.95 trillion in 2001 to nearly double that, $11.315 trillion, in 2009 - an increase of $5.365 trillion or 90 percent.

Under Bush the debt ceiling increased:

• by $450 billion to $6.4 trillion in June 2002;
• by $984 billion to $7.384 trillion 11 months later, in May 2003;
• by $800 billion to $8.184 trillion 18 months later, in November 2004;
• by $781 billion to $8.965 trillion 16 months later, in March 2006;
• by $850 billion to $9.815 trillion 18 months later, in September 2007;
• by $800 billion to $10.615 trillion 10 months later, in July 2008;
• and by $700 billion to $11.315 trillion three months later, in October 2008.

The debt ceiling was raised on four occasions during President Bill Clinton's two terms, from $4.145 trillion when he took office in 1993 to $5.95 trillion when he left the White House in 2001 - an increase of $1.805 trillion or 44 percent.

See also: National Debt Versus Federal Deficit

Under Clinton the debt ceiling increased:

• by $225 billion to $4.37 trillion in April 1993;
• by $530 billion to $4.9 trillion four months later, in August 1993;
• by $600 billion to $5.5 trillion two years and seven months later, in March 1996;
• and by $450 billion to $5.95 trillion 17 months later, in August 1997.

The debt ceiling was raised on four occasions during President George H.W. Bush's one term, from $2.8 trillion when he took office in 1989 to $4.145 trillion when he left the White House in 1993 - an increase of $1.345 trillion or 48 percent.

Under Bush the debt ceiling increased:

• by $70 billion to $2.87 trillion in August 1989;
• by $252.7 billion to $3.1227 trillion three months later, in November 1989;
• by $107.3 billion to $3.23 trillion 11 months later, in October 1990;
• and by $915 billion to $4.145 trillion one month later, in November 1990.

The debt ceiling was raised on 17 occasions under President Ronald Reagan, nearly tripling from $935.1 billion to $2.8 trillion.

Under Reagan the debt ceiling was raised to:

• $985 billion in February 1981;
• $999.8 billion in September 1981;
• $1.0798 trillion September 1981;
• $1.1431 trillion in June 1982;
• $1.2902 trillion in September 1982;
• $1.389 trillion in May 1993;
• $1.49 trillion in November 1983;
• $1.52 trillion in May 1984;
• $1.573 trillion in July 1984;
• $1.8238 trillion in October 1984;
• $1.9038 trillion in November 1985;
• $2.0787 trillion in December 1985;
• $2.111 trillion in August 1986;
• $2.3 trillion in October 1986;
• $2.32 trillion in July 1987;
• $2.352 trillion in August 1987;
• and $2.8 trillion in September 1987.

http://www.google.ca/url?sa=t&rct=j...v0m_YAY1ED_sa1wC1SEcQ&bvm=bv.1355325884,d.b2I

 

[L Gilbert]

In modern history, Ronald Reagan oversaw the largest number of debt ceiling increases, and George W. Bush approved a near doubling of the borrowing cap during his two terms in office.


The debt ceiling was raised on seven occasions during President George W. Bush's two terms in office, from $5.95 trillion in 2001 to nearly double that, $11.315 trillion, in 2009 - an increase of $5.365 trillion or 90 percent.

Under Bush the debt ceiling increased:

• by $450 billion to $6.4 trillion in June 2002;
• by $984 billion to $7.384 trillion 11 months later, in May 2003;
• by $800 billion to $8.184 trillion 18 months later, in November 2004;
• by $781 billion to $8.965 trillion 16 months later, in March 2006;
• by $850 billion to $9.815 trillion 18 months later, in September 2007;
• by $800 billion to $10.615 trillion 10 months later, in July 2008;
• and by $700 billion to $11.315 trillion three months later, in October 2008.

The debt ceiling was raised on four occasions during President Bill Clinton's two terms, from $4.145 trillion when he took office in 1993 to $5.95 trillion when he left the White House in 2001 - an increase of $1.805 trillion or 44 percent.

See also: National Debt Versus Federal Deficit

Under Clinton the debt ceiling increased:

• by $225 billion to $4.37 trillion in April 1993;
• by $530 billion to $4.9 trillion four months later, in August 1993;
• by $600 billion to $5.5 trillion two years and seven months later, in March 1996;
• and by $450 billion to $5.95 trillion 17 months later, in August 1997.

The debt ceiling was raised on four occasions during President George H.W. Bush's one term, from $2.8 trillion when he took office in 1989 to $4.145 trillion when he left the White House in 1993 - an increase of $1.345 trillion or 48 percent.

Under Bush the debt ceiling increased:

• by $70 billion to $2.87 trillion in August 1989;
• by $252.7 billion to $3.1227 trillion three months later, in November 1989;
• by $107.3 billion to $3.23 trillion 11 months later, in October 1990;
• and by $915 billion to $4.145 trillion one month later, in November 1990.

The debt ceiling was raised on 17 occasions under President Ronald Reagan, nearly tripling from $935.1 billion to $2.8 trillion.

Under Reagan the debt ceiling was raised to:

• $985 billion in February 1981;
• $999.8 billion in September 1981;
• $1.0798 trillion September 1981;
• $1.1431 trillion in June 1982;
• $1.2902 trillion in September 1982;
• $1.389 trillion in May 1993;
• $1.49 trillion in November 1983;
• $1.52 trillion in May 1984;
• $1.573 trillion in July 1984;
• $1.8238 trillion in October 1984;
• $1.9038 trillion in November 1985;
• $2.0787 trillion in December 1985;
• $2.111 trillion in August 1986;
• $2.3 trillion in October 1986;
• $2.32 trillion in July 1987;
• $2.352 trillion in August 1987;
• and $2.8 trillion in September 1987.

http://www.google.ca/url?sa=t&rct=j...v0m_YAY1ED_sa1wC1SEcQ&bvm=bv.1355325884,d.b2I

The topic is about the difference between republicanism and democracy, so your rant about Reaganomics is pretty f'n irrelevant.

Anyway, back to the topic: I think the dude is right, dictatorships and ruling monarchies are definitely more efficient. Democracy works well as long as everyone is fairly similar and there are no major regional or ethnic (and other) differences.
I think republics are the best way for people to go.

 

[DaSleeper]

In modern history, Ronald Reagan oversaw the largest number of debt ceiling increases, and George W. Bush approved a near doubling of the borrowing cap during his two terms






;

What you fail to see with your ideologue mind is that while Bush 2 increased the debt by almost 5 trillions in 8 years....
And Obama has him already beat in less than four years:roll:

 

[Bar Sinister]

Pretty incoherent. But what do you expect from a website with a title that is grammatically incorrect?

What you fail to see with your ideologue mind is that while Bush 2 increased the debt by almost 5 trillions in 8 years....
And Obama has him already beat in less than four years:roll:

Actually if you look at the numbers G.W. Bush doubled the national debt as a percentage of GNP from 30% to 60%. Under Obama it has grown to about 85%, so he is on about that same pace as his predecessor. However, there is one major difference. Obama is attempting to stop the increase in indebtedness whereas Bush made little or no effort to do so. Instead he introduced policies that rapidly increased US indebtedness, polcies that Obama has been unable to reverse thanks to virulent opposition from Republicans.

Note in the graph I have supplied the rapid increase in the national debt began under Reagan and Bush senior, was reversed under Clinton and then accelerated once again under Bush junior.

National Debt Graph by President

 

[tay]

What you fail to see with your ideologue mind is that while Bush 2 increased the debt by almost 5 trillions in 8 years....
And Obama has him already beat in less than four years:roll:

He didn't have to pay for 2 wars and Obummer has to pay interest on the borrowed money. Raise the taxes on those patriotic mill and billionaires........

The topic is about the difference between republicanism and democracy, so your rant about Reaganomics is pretty f'n irrelevant.

Anyway, back to the topic: I think the dude is right, dictatorships and ruling monarchies are definitely more efficient. Democracy works well as long as everyone is fairly similar and there are no major regional or ethnic (and other) differences.
I think republics are the best way for people to go.

My rant is not about reganomics.

I thought the rant story was about the 'debt ceiling limits' and how this loser Santelli is whinning about Obummer raising the limit as if he is the first one to do so and can do so on his own..............

 

[DaSleeper]

Ideologues are the plague of the planet:roll:

 

[Niflmir]

That's a really good question, how many angels can dance on the head of a pin? Oh... different question.

 

[tay]

Ideologues are the plague of the planet:roll:

Exactly and that's why Santelli's rant is bs. Where was his rant when W entered 2 wars without paying for them or when he and the repubs raised the debt limit.

And it interesting to note that since reagen, as the chart shows, no one has decreased the ceiling..........

 

[damngrumpy]

America, France, Germany all democratic republics there are some republics that are
not democracies as well.
Canada is not a democracy in the true sense of the word either we are a constitutional
monarchy the queen is head of state. Yes in reality we are a democracy however by
definition we are not.

 

[L Gilbert]

America, France, Germany all democratic republics there are some republics that are
not democracies as well.
Canada is not a democracy in the true sense of the word either we are a constitutional
monarchy the queen is head of state. Yes in reality we are a democracy however by
definition we are not.

Technically, we are a pseudo-representative democracy but in actuality are a plutarchy.