2014: The Year of Libertarian Popular
Progressive Centrist Candidates?
(This economic political essay
consists of a historical survey of American politics with repercussions for the
2014 and 2016 elections.)
The lessons of economic and political
history are constructive for those who take the time to learn them.
Their broad arcs swing like a
pendulum, from deficit decline to surplus growth and back again:
There is wisdom in those who see and honour the connection
between economics and politics.
American politicians, perverting
the ideas of economist investor mathematician John Maynard Keynes, generally
preferred budget deficits and balance sheet debt usury leverage to increase their
perceived powers, with few exceptions. As a result, our private real economy
was in broad real economic decline with few notable exceptions.
To those who like to recite the
long-term growth of the American economy ad infinitum, we say subtract the Fed
monetary illusion that reduced the value of the dollar from $18.92 in gold in
1913 to $1923.70 in 2011, so far a deliberate -99.99% debt usury confiscation
and devaluation of wealth by central bankers counterfeiting the dollar:
By this gold constant measure, the
Dow is not at a 14,684.49 all-time high, but an incomprehensible 1.47 Dow in
terms of 1913 prices. We are but hypnotised by money changers Christ drove out
of His Father’s house.
Alan Greenspan knew this when he
wrote ‘Gold and Economic Freedom’ in 1966 for Ayn Rand’s Capitalism,the Unknown Ideal, before he became Federal Reserve
Chairman from 1987 to 2006.
From 1979 to 2006, under Fed Chairs
Paul Volcker and Alan Greenspan, the dollar largely held its value with gold
from $279 to $444, a range of +/- 9% from the median price of $305.
When the new Fed Chair came in,
gold began to skyrocket to $1923.70 in a vain attempt to keep his promise to
monetarist Milton Friedman in his 90th birthday that the Fed would
not allow another Great Depression and could even resort to throwing Ben Franklin
$100 Federal Reserve Notes out of Fed helicopters.
As we know from experience, economy
and polity are more than monetarism.
Alan Greenspan is acutely aware of
this, having suggested in 2011:
“There are numbers of us, myself
included, who strongly believe that we did very well in the 1870 to 1914 period
with an international gold standard.”
In that same interview, he wondered if it were
time to end the now century-old Federal Reserve Central Bank:
Central Banker Mayer Amschel Bauer Rothschild, who learned
debt discount/usury fractional reserve banking from the Hospitallers, Templars
and Lombardy Merchant Banks, is reported to have said:
“"Give me control of a nation's money
and I care not who makes it's laws"
After long economic depression
triggered by the French and Indian War, part of the Seven Year’s War Churchill
described as the First World War, George Washington fought in the Revolutionary
War for Independence, which destroyed the first Colonial fiat currency, the
Continental.
GW presided over the Constitutional
Convention which defined legal tender as only gold and silver.
He put down the
Shays and Whiskey homeless debtor prison Veterans rebellions and redeemed worthless Continentals with
silver from the Whiskey Tax and unpaid veterans.
He warned Americans for all
times to beware foreign entanglements and political parties. GW’s picture is on
the dollar bill on the other side of his Master Mason’s pyramid eye and Great
Seal re the New World Order of the Ages:
Thomas Jefferson, a
Democrat-Republican Libertarian (Life, Liberty and the Pursuit of Happiness), who
kept and slept with slaves and advocated their freedom, secured the Louisiana
Purchase from Napoleon, wrote the Declaration of Independence and secured the
Bill of Rights. His picture is on the Two Dollar bill:
Benjamin Franklin promoted the
blessings of character and virtues of thrift. He edited the Declaration of
Independence and secured support for the Revolutionary War from the French and
Polish. His picture still graces the $100 bill.
In 1835 President Jackson, a Scottish
Democratic-Republican turned Democrat fought the central bankers, balanced the US
budget and paid off the US Debt for one glorious year. He survived
assassination attempts. His picture is still on the Twenty Dollar Bill.
His successor, Dutch-speaking New York
Governor and Senator Martin Van Buren, exploited the machine politics of the
Tammany Hall political patronage and spoils system.
One-term Democrat Van Buren
reversed Jackson policies of thrift. He promoted “free trade” that created deficits,
drove Mormons from their homes in Missouri and Indians from the South on the
Trail of Tears. He denied Texas statehood. He suffered the panic of 1837 when
banks failed and went off gold and silver currency.
This led to prolonged depressions
in the 1800s, paying for Indian, Mexican-American, Civil and World Wars of
Aggression with Robber Baron and Carpetbagger industry and land-grabs:
War does not create things or
prolong life.
War breaks things, loses lives and
causes inflationary booms and deflationary busts, as country Lawyer Lincoln
proved with the Civil War.
He bypassed New York banker usury with Treasury-issued Greenbacks
and Martial Law suspending due process, habeus corpus and posse comitatus.
Because Lincoln freed the slaves and preserved the Union at the cost of his
life, his picture is on the Five Dollar Bill:
http://en.wikipedia.org/wiki/Abraham_Lincoln
Disaffection from lingering 19th
Century agricultural and economic depressions elected pro-enterprise
Republicans with economic freedoms and protections of private property.
Republican Presidents of Prosperity
included popular anti-Trust wealthy Harvard historian pro-environment
progressive reformer Bull Moose President Teddy Roosevelt. TR presided from
1901 to 1909 over generally rising markets, including a 46% correction:
Rough Rider TR was succeeded in a
three-way presidential race when the winner, Democrat Woodrow Wilson, did not
get a majority of the votes:
Exactly a century ago Presbyterian Minister son, Princeton
President and New Jersey Governor Woodrow Wilson railed on the radio against
the same Money War Trust that funded him. He presided over falling markets from
1913 to 1921:
WW signed off on the Federal
Reserve Central Bank, the IRS and vote for women.
WW created government programs that
foreshadowed the Democrat New Deal.
He raised taxes to pay for the programs and
the first World War.
WW negotiated Versailles war reparations that bankrupted
Weimar Germany with hyperinflation wheelbarrow money.
This led to the rise of
Hitler and World War II.
WW still holds the Presidential record for most rounds
of golf in office, although President Obama is catching up:
WW refused to pay promised Veteran
Bonuses after the war. He was widowed at the White House, and married a direct
descendant of Pocahontas. She ran the country when her husband was confined to
the Lincoln Bed after a stroke:
WW was succeeded by Amherst College
President, Massachusetts Governor and popular laissez faire President Calvin
Coolidge.
His emblem was “The Business of
America is Business.”
His peace, freedom and prosperity platform created
the Roaring Twenties with rising markets from 1923 to 1929:
Columnist Dorothy Parker bet Cal at
a White House Dinner she could get more than two words out of him.
He responded, “You lose.”
CC refused a third Presidential
term, saying two were good enough for Washington.
Coolidge
was lukewarm on Stanford miner philanthropist Hoover. He derided the ambitious
wealthy Rockefeller-funded Commerce Secretary as "Wonder Boy". He was
reluctant to choose Hoover as his successor. On one occasion he remarked, "for six years that man has given me
unsolicited advice—all of it bad.”
President Hoover had the misfortune
to be elected one-term President from 1929 to 1933 after eight years of
Coolidge prosperity.
He gave his salary back like Presidents Kennedy and Obama
(5%).
Hoover’s first 120 days up to the 1929 stock market crash included more
press conferences than any other President. On the eve of the crash, Hoover
declared, “Poverty will be banished from
this nation.”
As an engineer, Hoover claimed to
eliminate waste from government while he implemented failed government spending
and shovel-ready “Pro-Labour” programs that marked the actual start of the Great
Depression New Deal.
Hoover raised taxes to pay for these
government programs and ordered young Army officers Eisenhower, MacArthur and
Patton to stop a Bonus Army march by WWI veterans still seeking their promised
bonus pay the second decade after WW I ended.
MacArthur used arsenite vomit gas, bayonets,
bulldozers, cavalry with swords drawn and tanks to clear the Hooverville camp
of homeless, hungry unemployed soldiers and their families. There were hundreds
of casualties and deaths, including police, veterans and their children.
Hoover’s most destructive economic legacy was signing the
Smoot Hawley Trade tariffs on 20,000 imported goods into law in 1930, the
second highest tariffs in US History, exceeded only slightly in 1828.
Retaliatory tariffs by US trade partners quickly reduced US trade by 50%,
contributing to the severity of the Great Depression:
Today, competitive and retaliatory currency devaluations with
free rather than fair trade parallel the destructive elements and effects of
Smoot Hawley trade tariffs.
They eliminate productive American jobs and
decrease productive American economy.
American multinationals outsource and import
cheap illegal scab labour. They unintentionally reduce consumers for their
products and reduce general prosperity.
Ford grew wealthy by paying his
employees top dollar. So did Gates, who bought Ford Cobras for his top
employees.
FDR ran in a three-way race for
President and co-opted the Socialist Plank of Presbyterian Minister Norman
Thomas (who at first admired the Communist Russian Revolution) to win election:
The planks of Marxism included
centralized banking, education, healthcare and progressive taxation with industrial
policy, planned economy and public national ownership of private assets.
These
platforms are now de facto de novo American policy. On his deathbed in 1924 Lenin said Russia had reverted to "a bourgeois tsarist machine... barely
varnished with socialism”:
Wealthy Delano-Russell opium-running heir FDR was elected
President four times from 1933 to 1945. He and the MSM hid his disability from
polio. FDR repealed Prohibition, drank, smoked and allegedly whored bi-sexually
like a distillery chimney on shore leave from Eleanor, who preferred the
company of women:
FDR packed the Supreme Court during the Great Depression and
implemented strong unconstitutional government wartime controls such as an industry
panel based on political patronage.
He seized Constitutional gold and
repudiated Constitutional gold contracts retroactively, with threats of ten
years in prison. He devalued the dollar -80% to stimulate the economy. It did
not work, as predicted by the unpopular Austrian Credit Business cycle:
His politics were so strong-arm, bordering on totalitarian, that
Smedley Butler, the most decorated Marine in history, called War a Racket and
warned of a multinational corporate fascist German business plot to overthrow
the American government and way of life. The plot, ridiculed by MSM, was confirmed
by Congressional hearings:
Not everyone realizes various political dynasties did significant
business trade with Hitler:
Needless to say, though academics and political revisionists
loved to credit the “liberal” New Deal and World War II with saving America
from the Great Depression, the facts are that the market from 1933 when FDR was
President, to 1945, when FDR died in office, barely went sideways, down in real
terms of gold.
Taxes soared as as high as 96%. Multiple 100% market rallies
corrected back again, not unlike these volatile financial times.
The market did not recover 1929 highs until 1954, after
numerous bankruptcies. Counting inflation, the Dow did not recover until the
1960’s after JFK was president, cut taxes and put in steel tariffs to protect
American industry.
Before FDR, liberal meant political liberty, equality, jobs,
justice and prosperity.
After FDR, liberal meant big government bureaucracy, inflation,
recession, red tape and unemployment.
As one myopic modern liberal put it, “I would rather have
government pay for charity than I.” The big lie of modern government liberals is that we can get something for nothing.
Although our Constitution requires uniform government taxes,
it does not require government charity, as Tennessee Frontiersman Militia
Colonel Davy Crockett knew when he told Congress to reach into their own
pockets for their own good works, rather than the taxpayer’s pockets:
Government charity is a moral hazard and oxymoron.
Who wants
to work when they think they can get a free lunch, phone or ride?
As Maggie Thatcher put it, the trouble with socialism is politicians run out of other people's money.
(Update: The Iron Lady passed of a stroke at 87 as this essay was written.)
Government today claims to tax the rich and protect the middle
class and poor.
Government actually exempts some of the biggest crony
corporations, richest churches and foundations from tax.
Including inflation, property, sales taxes, twenty new taxes and
20,000 new IRS agents of Obamacare, government spends and taxes the middle
class and poor more today than ever before on a total percentage basis.
As Aristotle and Adam
Smith knew, a Constitutional uniform tax rate for all more quickly restores
prosperity than any other government policy:
After FDR’s death by stroke at Warm Springs, farmer haberdasher Pendergast Machine politician
from the Show Me State, Senator and Vice President Harry Truman, became the
33rd president from 1945 to 1953.
His Senate Truman Committee brought him to national prominence
exposing waste,
fraud, and corruption in wartime contracts.
As President after FDR passed, Give-em Hell Harry fire-bombed many Japanese cities, including March
1945 air raids on Tokyo that killed 100,000 people, most of them civilians, in
one night.
Truman dropped Little Boy on Hiroshima and Fat Man on Nagasaki, killing
over a quarter million people, most of them civilians, in four months. Many of
them died horrible wasting deaths from painful radiation burns and sickness.
Truman took America into war with North Korea, backed by their
China and Soviet Union neighbors. He recalled MacArthur who wanted to clean out
the Communists.
The Korean armistice to this day has not declared peace, and is
currently ramping up with war declarations the new Defense Secretary takes
seriously by moving air, missile and naval support to the China Sea.
The upshot of the Truman war Presidency was a Dow that went
sideways to down when adjusted for the cost of living, with an economy that
went into a triple dip recessions in 1945, 1949 and 1953:
Prohibition whiskey-running and Hollywood heir wealthy Harvard
Democrat, PT Boat survivor, Profiles in Courage putative author (actually JFK
speechwriter CIA Director nominee Ted Sorenson), London School of Economics
dropout and Marilyn Monroe boyfriend President JFK and dedicator of the Amherst
Robert Frost Library, authorized silver certificate dollars backed with silver
per the Constitution and reduced taxes:
JFK presided over peace and prosperity until he called off
military support for the failed Ike-authorized CIA Mafia Bay of Pigs Operation
Zapata invasion to recover nationalized assets.
That led to the Cuban Missile
Crisis.
JFK twice tripled military advisers in the French Indochina Vietnam War, supported by the US since 1950, when Truman was President with the un-won Korean
War.
This escalated to a 25-year un-won war in Southeast Asia.
After US corporate government deposed a democratically-elected leader in Iran with Operation Ajax and Kermit
Roosevelt, installing the Shah and his dreaded secret police Savak, we continued to prosecute pre-emptive unwinnable intrigues and wars in the Middle East since the 1990
Persian Gulf War approaching another 25 year unwon war.
Some New World Order:
JFK was
angered by the CIA Mafia's Bay of Pigs failure, and declared he wanted "to splinter the CIA in a thousand pieces and
scatter it to the winds."
Kennedy commented to his
journalist friend Ben Bradlee, "The
first advice I'm going to give my successor is to watch the generals and to
avoid feeling that because they were military men their opinions on military
matters were worth a damn.":
After JFK was assassinated his silver dollar standard was eliminated. Yet during his and his successor LBJ’s tenure, the sound money Dow went from 536 in 1961 to 995
in Jan 1966.
The simultaneous Great Society and Vietnam butter and guns spending with tax hikes crowded out private prosperity and returned the Dow to 631 after
LBJ announced he would not run for President again in March 1968:
President Nixon presided over a Dow decline from 985 in 1968
after he was elected, to 577 in 1974 after he resigned.
Along the way the Fed tried to tighten the money supply to
offset the guns and butter fiscal policy.
Nixon proclaimed “We’re
all Keynesians now” and continued budget deficit spending and trade deficit
policies.
He eliminated the dollar gold trade standard in August 1971,
instituted price and wage controls that did not work, ramped up lethal B-52 Rolling Thunder carpet bombing in
Cambodia, Laos and Cambodia before ending the Vietnam War and the Draft.
Nixon initiated free not fair trade with Communist China that
ultimately exacerbated US budget and trade deficits that put America out of
work, where we are now, facing bankruptcy because of chronic deficits, debts
and unemployment.
These political economic diseases could be eliminated
overnight by returning to Constitutional sound internet money with uniform
taxes with real-time internet representation on issues and votes, so we the
people can actually see and vote on what politicians are doing:
Jimmy Carter presided over a Dow decline from 1014 the year he
was elected, to 742 the year before the Iran Hostages were taken. The market
went nowhere under his Presidency. The economy went South with a 22% official Misery
Index that led to the election of Hollywood actor Ronald Reagan with
Rockefeller choice George Bush as VP:
Ronald Reagan was the first
President to major in Economics. His CIA Director VP HW, the youngest pilot in WWII, Yale pitcher, majored in Economics Yale as a
Phi Beta Kappa in two and a half years. W was the only President with a major
in History and an MBA.
RR was the only President to
understand and practice unpopular but accurate Austrian and Libertarian
Economics, along with Maggie Thatcher, Jack Kemp, Ron Paul and Paul Ryan.
[Update: Baroness Thatcher passed at 87 last night of a stroke as this political paen was written.]
Like JFK, RR cut taxes to grow the
peacetime economy.
He also reduced the number of Federal Regulations with
Sunset expiration provisions in the Federal Register.
The result was a market that went
from Dow 777 to 2722 before the 1987 crash from too much Keynesian debt and
deficit spending that took the USA from the world’s largest creditor to largest
debtor and dropped the dollar -46% from 1986 to 1988. The result was an economy
that grew at a real 8% rate in 1984 and created more jobs than any Presidency:
The significance of more prosperity for all is illustrated by
the correlation of the Gini coefficient that measures wealth disparity and
equality, with quality and quantity of life.
The Gini coefficient ranges from 0, perfect equality and 1,
ultimate disparity, the 99%/ 1% Occupy scenario where the top 1% own most of
the world’s wealth.
Researchers Richard
G. Wilkinson and Kate Pickett found higher rates of health and social problems (obesity, mental illness, homicides, teenage births, incarceration, child conflict, drug
use), and lower rates of social goods (life
expectancy, educational performance, trust
among strangers, women's status, social mobility, even numbers of patents issued) in countries and states with higher inequality.
Using
statistics from 23 developed countries and the 50 states of the US, they found
social/health problems lower in countries like Japan and Finland and states like Utah and New Hampshire with high levels of equality, than in countries (US and UK) and states (Mississippi and New York) with large differences in household income.
This is not to advocate or regulate forced government or market wealth
transfer but to increase wealth creation with sound money and uniform tax rates
specified in the US Constitution.
Inflation
and taxes invariably transfer wealth from poor to rich as money buys special
interest enforcement and legislation, perhaps why certain criminal Wall Street
CEOs are still free and rich under the Obama regime:
Hillary Rodham Clinton is now posturing
for President in 2016, more than three years from now.
A website claims she is the leader we need to keep our country
moving forward:
We are not so sure angry,
dead, homeless or hungry unemployed people in Afghanistan, Al-Shifa aspirin
factory, Benghazi Embassy, Bin Laden Station, Bosnia, Canada, Cuba,
Dayton, Dead friends of the Clintons, Domestic espionage, East Timor, Egypt, FBI political vetting files, Gaza, Haiti, Herzegovina,
Iraq, Iran, Israel, Korea, Kosovo, Libya, Loral
strategic technology exports to PRC, Murrah Building, Northern Ireland, Madison
Guaranty Savings and Loan, Mexico, Mogadishu, Nuclear secrets thefts from Sandoz
labs, Pakistan, Palestine, Rwanda, Sarajevo, Serbia, Somalia, Sudan, Syria, Tyson
Pork Belly accounts, US Treasury, USS Cole, Utah Coal, Yugoslavia, Waco, Wag
the Dog, Whitewater Investors, or WTC I might agree, after logging a million
miles as Secretary of State or no.
We’ll
leave that for political analysts to decipher re the potential 69 year-old
candidate in 2016.
One
of the reasons Barack Obama was elected over HRC in 2008 was he had less political
baggage, mainstream media (MSM) and Court smothered Birther issues aside.
Perhaps
it is worth noting HRC’s husband’s understudy Al Gore came close to occupying
the White House, but no cigar, dangling chads and Ohio voter machine tabulations
or no. Instead he got AAPL stock as Director.
We see the biggest barrier to HRC in 2016 as 2014.
Assuming
we have free elections in 2014, they may provide a significant voter referendum
on the economy under the Obama Democrat Presidency if disaffected disappointed citizens
actually turn out to vote.
In
2008 and 2012, the loyal opposition ran candidates against Obama with political
baggage who could not and did not win, despite considerable MSM hype implying
an actual choice.
GOP apparatus,
somewhat enabled by MSM, smothered the one candidate who could win, Constitutional
Libertarian Ron Paul.
GOP and
MSM buried victorious Ron Paul Constitutional Bill of Rights, Libertarian and Youth
votes in the Caucuses and Primaries. They did not seat Ron Paul delegates at the
Tampa Convention, let alone allow him to share the stage under what used to be
the big tent.
This was bad political calculus blowback, since Ron Paul outpolled BO and MR,
particularly after stirring debate performances his third time running for
President.
New Mexico Governor Libertarian Presidential candidate Gary Johnson
did not even get the debate stage, let alone fair and impartial MSM coverage.
The Internet may be
the great leveler for rational prosperity politics in 2014:
The
Obama confederacy in 2012 effectively asked for four more years of Foodstamps,
Obamaphones, Shovel-ready jobs with higher borrowing, spending and taxes to get
their job fixing the economy done. All this is bunk.
We have seen consistently and historically
that government growth correlates inversely with prosperity.
Grow government and shrink the economy. Shrink government and grow the economy.
The historical record shows the more
government borrows, controls, spends and takes, the less we the people have
left for economy, no matter what the politicians claim.
Government does not create. It destroys, with few exceptions.
Not
that 0D government kept promises on closing Gitmo, cutting corporate control of
government and domestic espionage, delivering Green Energy, ending on-going wars
of aggression with lobbyist government, fixing the economy and healthcare, putting
Americans back to work and reducing taxes on the middle class.
Obamacare
created death and healthcare rationing panels, 20+ new taxes on the middle class, 20,000 new IRS agents and $48 an
hour Acorn jobs as Obamacare Navigators at more expense to our economy and
productive jobs:
The
fact is, government cannot, does not create economic productive jobs by raising
borrowing, spending, red tape and taxes.
Government
empties the pockets and rides on the backs of productive people.
President
Reagan claimed and proved this by reducing government bureaucratic red tape, cutting taxes
and growing the powerful productive American economy at an 8% rate in 1984,
collapsing the Soviet Empire and saving social security. In 1986 the Reagan
dollar hit the highest value in 26 years.
To
be fair, his budget deficit military spending also took America from the
largest creditor nation to the largest debtor nation and devalued the dollar
almost in half by 1987.
Today in 2013 China, Germany and Russia are the world’s largest surplus trade nations.
The US fiat reserve dollar
of workers, trade and savers is only used in half of foreign nations now for trade.
The USD is in danger of further devaluation under Obama, having
already fallen as much as -18%.
Upside
down derivative fractional reserve banks could quickly take down the dollar and
economy with a run that exceeds FDIC reserves and credit lines.
The next step
could be Argentine or Cypriot style confiscation of European and American deposits, pensions and
retirement funds, converting depositors into mandatory shareholders in bad bank
investments by force majeure.
We already saw MFG and other financial firms confiscate segregated client assets without regulatory recourse.
After asset seizures fail to offset the defaulting deflating debt derivatives bubble, the dollar could be devalued with the
Bernanke Ben Franklin Helicopter scenario.
It
is not too late to head off a financial holocaust rivaling Hungary, the Weimar
Republic or Zimbabwe by returning the dollar to Constitutional gold and silver:
AAPL, GOOG or XOM could use their offshore cash hordes to start the process of restoring integrity to the dollar economy by
offering instant customer access to secured electronic gold and silver reserves by
Internet.
The
key to the 2014 election resolution may be the petrodollar, labour participation
rate and the misery index.
Despite
the prospect of energy self-sufficiency and hopeful resurgence of the
American manufacturing base with a devalued dollar, the dirty secret is that
fracking can pollute and shorten the life of wells.
The
dollar may temporarily become the strongest currency as defacto debt default depression
and other nations race to devalue their currencies to write off their debts
with the delusion that Smoot Hawley competitive devaluations in the race for
zero bottom can garner more trade:
The
fact is, lowering currencies for trade advantage raises production costs that
offset perceived advantages.
Losing a little on each product or transaction but trying to make
up for it with volume does not work well, as manufacturers and service companies proved time and
again.
Economic
indicators based on long-term budget and trade balances suggest the dollar is
in so much trouble the over-indebted Government may, like Argentina or Cyprus, grab
deposits, pensions and retirement plans of the few savers left:
The
$85 Billion a month Fed-engineered Quantitative Easing (QE) booms in bonds and
stocks holding up $223 Trillion of bank casino derivatives cannot last forever:
At
63.3%, our American Labour Participation rate is the lowest since May 1979,
when Carter was President and not re-elected in 1980:
This
means more than a third of Americans who can and need to work are unemployed
and going off unemployment compensation after up to 99 weeks.
They may try to
survive on disability and food stamps at poverty levels. Then they may turn to crime, rending the social fabric like Les Miserables.
A
sixth of all Americans receive food stamps and a fifth of Americans receive a
Social Security check, with a fifth of them on disability.
America
spends as much on the military in 150 countries as all other nations combined. There were trillions reported missing in the Pentagon, according to a former Secretary of
Defense.
America has expanding unfunded liability mandates of $123 Trillion, including diplomacy, entitlements, espionage, military and subsidies:
How
can we grow our economy by giving mandatory tax handouts from those fewer left
employed?
The Official Misery Index, the sum
of inflation and unemployment that got Reagan elected over Carter in 1980 with
22% Misery, hit 13% under Obama:
The defacto true Misery Index is
closer to 33% with a 10% true cost of living increase and 23% real
unemployment:
With 58 million Americans depending
on social security and talk of a further Obama Chained-CPI cut in Cost of
Living Adjustments (COLA’s), a significant block of voters may not buy broken
OD promises to fix things by 2014, let alone 2016.
With
90 million Americans no longer employed after offshoring, importing and
subsidizing low wage H1-B and illegal jobs with free education, foodstamps,
healthcare, prison and welfare, we are talking about a total voting block of
148 million disaffected voters in 2014 and 2016, almost half the American
population of 316 million.
After suffering extreme left-right party gridlock in Washington, DC, they may welcome the center left and center right Constitutional progressives and libertarians to get the job of government reform done.
All
we need to accomplish to effect constructive reform of government is to get
these 148 million disaffected disenfranchised Americans to vote.
To vote, they need candidates and principles worth
voting.
For
perspective, there are 143 million working Americans and 113 million American
taxpayers supporting 90 million Americans who dropped out of the workforce.
There are 50 million Americans living in
poverty, 48 million living on food stamps, 46 million retired, 23 million
government employees, 21 million unemployed and 14 million disabled Americans:
http://www.usdebtclock.org/
A number of them broke US laws to come here illegally and sponge off the system, depriving Americans of a living wage or job in many cases. Corporate government got cheap labour and votes in the deal with the devil, while losing law, order, peace and prosperity.
If 0Ds and enabling GOPs give illegals a second free ride leg up, there may be electoral hell to pay. Americans are fed up and not going to take it any more, watching foreigners eat their lunch.
This
is a considerable voting block of alienated angry Americans who can no longer afford or recognize the American Dream.
Foodstamps, Make-work government jobs, Obamacare and Obamaphones do not win 0D coattail heirs a third election.
Especially after the Department of Homeland Security and other government
agencies, including Social Security, were reported buying 2 billion in lethal
hollow point bullets, plus assault weapons and armoured vehicles to deliver
them.
The OD government bordered on tyranny by seeking to deny and violate Bill of Rights Constitutional protections for all
Americans, while using MSM to pangloss it over as National (In)Security against terrorism.
How about government protecting peace and prosperity for a change?
If we have a stock market
correction of -15% that further impairs promises of economic recovery for the 1%, plus impairs healthcare, pension and retirement plans for many of the 99%, then it’s Katy Bar the door.
Already employers are refusing to hire based on the cost uncertainties of Obamacare.
Americans are waking up to government CAFRs (Comprehensive Annual Financial Reports) hiding gigantic off-budget assets for government
entities dwarfing budget deficits.
Government cried wolf while holding mountains of assets.
This is a recipe for the same privatisation the Austrian Libertarian Reagan and Thatcher employed to liberate their economies, refusing to join and surrender to the unproductive tyranny of collective.
It does not take a village dictating bureaucratic red tape and taxes. It takes freedom, individual courage and creativity.
In essence, MSM now focus on
government budget deficits and ignore government CAFR balance sheets.
Government balance sheets include $577 Billion in California and much more on a Federal level:
On the Reagan Task Force we battled
to end government deficits accumulated over six decades in the 1930s, 1940s, 1950s, 1960s, 1970s and
1980s, including ending government waste with the Grace Commission, largely ignored by a
Democrat Congress.
At the White House Conference on
Small Business, we advocated for a return to Constitutional principles that made
America good, great and prosperous.
By 1994 our Contract with America elected
a Republican Congress that kept its pledges, including balancing the
budget in 1997, 1998, 1999, 2000 and 2001, albeit by borrowing from the Social
Security Trust Fund Lockbox.
Unfortunately, the GOP caught Potomac Power Swamp fever and began to borrow, complicate and spend like drunken Democrats.
They were turned out of office in 2006, leading to Obamacare and even bigger government taking a quarter of the economy and impoverishing a record number of Americans, while claiming to help them.
In 2012, we were the only serious Senate candidate to oppose indefinite detention and special interest taxes.
By the end of the day, it is not about political parties, but
principles.
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