Comments on: Those Dangerous Tea Parties: Are YOU the Threat We’ve Been Waiting For? http://www.americanconservativedaily.com/2009/04/those-dangerous-tea-parties-are-you-the-threat-weve-been-waiting-for-2/ Your daily dose of conservative offsets to combat annoying liberal global whining. Sun, 12 Feb 2012 00:09:56 +0000 hourly 1 By: Norb Leahy http://www.americanconservativedaily.com/2009/04/those-dangerous-tea-parties-are-you-the-threat-weve-been-waiting-for-2/comment-page-1/#comment-71209 Norb Leahy Mon, 20 Apr 2009 16:16:39 +0000 Why the Tea Parties ? 50% of us have two primary complaints. 1. The government has printed money and inflated prices by over 4% every year for the past 40 years We can easily debase the currency by printing more money and we’ve done so undetected at the rate of over 4% per year for the past 40 years. In 1968 new cars were $2,000, now they’re $20,000. Houses were $30,000, now they same house is $300,000. Family health insurance was $600 a year, now it’s $12,000 a year; College tuition was $900 a year, now it’s $18,000 a year. Health Care and Education inflated 8% per year. A good family income was $10000 / year, now it takes $100000 / year. Most large purchases are 10 times higher than they were 40 years ago, except for health insurance and education; these are 20 times more expensive. The way to confirm changes in inflation is to look at the growth in the gross domestic product (GDP). It too has grown 4% per year for that past 40 years. (isn’t that interesting…) The purpose of announcing the GDP is to give us the illusion that we are making progress. Looking forward, because of the size of our debt and the diminishing value of our economic capability, we look forward to debasing the dollar at double the rate of the last 40 years. Whose to blame for Inflation ? Richard Nixon took the dollar off the gold standard in 1974. With nothing to tie the dollar to, congress could debase the currency at will, urging the Federal Reserve to print money and cause inflation. That’s when our current bout of overspending and inflation started. Rather than holding to balanced budgets, government continued to spend more than they took in revenue. In an attempt to mask this crime, the government fiddled with the data and announced far less inflation than was actually created. 2. Since 2004, the government has increased the national debt from $3.2 trillion to over $11 trillion and the overspending in the trillions began in 2008 could bring the national debt to $20 trillion. In addition, the government has $55 trillion in unfunded liabilities for our Social Security pensions and Medicare. It does not appear that government will ever reign in the spending when they can simply debase the currency and call it growth. We believe government should follow the same rules we follow: 1) Pay Principle and Interest when you pay off your debt. 2) Don’t let your debt exceed 2.5 times your annual income. 3) Don’t let your P&I payments exceed 28% of your annual income. Our federal debt is $11.5 Trillion. Our GDP for 2008 was $14.2 trillion. Our Federal Tax Revenue in 2008 was $2.4 trillion. Our Interest is $460B at about 4% of the national debt. Our real total debt could be $75 trillion, but with a $2.4 trillion income, our debt should be $6 trillion max. We expect GDP to decline. Do the math. Pensions & Healthcare It’s never a good idea to entrust your pension and healthcare with the same organization, especially if it’s a government that can make selective homicide legal. We have that government right now, with our pensions an abortion law and a strong desire to take over healthcare. If they need to save money and they will, they will restrict healthcare based on age and push out pension payments to age 80. The politically correct Thought Police will have everyone over age 65 thinking they should check themselves in to Soylent Green. Government Waste I view all forms of welfare, foreign aid, foreign military base maintenance, pork project that are truly unnecessary and a myriad of do-gooder departments and agencies as government waste Campaign Finance is broken. I would limit campaign expenses to $1 per registered voter in their district. Education is broken. . I would put k-12 and college on the internet and close the schools and colleges. I would remove all government financial support from education. Healthcare is broken. I would replace hospitals with home care, replace malpractice settlements with license suspension, remove all defensive medicine Healthcare costs are too high because its paid for by a third party who has no reason to want to change it. I would remove all government financial support from healthcare. Social Security is broken We should pay out what each participant put in. We should begin reducing the Social Security Tax on younger workers and reduce the amount the government will have to pay out. We should do this until citizens have their own private retirement savings plans, then pull the plug on Social Security. What can we do to get this to happen ? I think the first step toward sanity would be to purchase our elected representatives back from the special interests and only allow constituents to make campaign contributions… no PACs, no outsiders, just registered voters in the candidates’ districts. State legislatures need to do this… the U.S. Congress won’t. Loss of self sufficiency is loss of freedom It’s bad enough that about 25% of us are receiving social security and medicare and another 25% of us are receiving tax subsidies of other various sorts. At least 50% of us are naturally conflicted in demanding that the government reduce its spending on us. Also we are split 50-50 in our opinion over the wisdom of expanding the social safety net. We are not in a good place. If the Left prevails, we could find ourselves with a $75 trillion real National Debt, with interest only payments at 4% of $3 trillion a year, 80% tax rates and no economy left in the U.S. Our loss of freedom would come in two ways: 1. we wouldn’t have an economy and could not support ourselves and 2. we expect our guns would have been confiscated, our churches closed and our freedom to disagree eliminated. This has already taken place in our public schools and colleges. We would be at the mercy of criminals and subjugated by government and cultural oppression. If this sounds like Communist Russia, it is. If we keep our current system, no one would be able to retire before age 80 except public school teachers. Why the Tea Parties ?

50% of us have two primary complaints.

1. The government has printed money and inflated prices by over 4% every year for the past 40 years
We can easily debase the currency by printing more money and we’ve done so undetected at the rate of over 4% per year for the past 40 years. In 1968 new cars were $2,000, now they’re $20,000. Houses were $30,000, now they same house is $300,000. Family health insurance was $600 a year, now it’s $12,000 a year; College tuition was $900 a year, now it’s $18,000 a year. Health Care and Education inflated 8% per year. A good family income was $10000 / year, now it takes $100000 / year. Most large purchases are 10 times higher than they were 40 years ago, except for health insurance and education; these are 20 times more expensive. The way to confirm changes in inflation is to look at the growth in the gross domestic product (GDP). It too has grown 4% per year for that past 40 years. (isn’t that interesting…) The purpose of announcing the GDP is to give us the illusion that we are making progress. Looking forward, because of the size of our debt and the diminishing value of our economic capability, we look forward to debasing the dollar at double the rate of the last 40 years.

Whose to blame for Inflation ?
Richard Nixon took the dollar off the gold standard in 1974. With nothing to tie the dollar to, congress could debase the currency at will, urging the Federal Reserve to print money and cause inflation. That’s when our current bout of overspending and inflation started. Rather than holding to balanced budgets, government continued to spend more than they took in revenue. In an attempt to mask this crime, the government fiddled with the data and announced far less inflation than was actually created.

2. Since 2004, the government has increased the national debt from $3.2 trillion to over $11 trillion and the overspending in the trillions began in 2008 could bring the national debt to $20 trillion. In addition, the government has $55 trillion in unfunded liabilities for our Social Security pensions and Medicare. It does not appear that government will ever reign in the spending when they can simply debase the currency and call it growth.

We believe government should follow the same rules we follow: 1) Pay Principle and Interest when you pay off your debt. 2) Don’t let your debt exceed 2.5 times your annual income. 3) Don’t let your P&I payments exceed 28% of your annual income. Our federal debt is $11.5 Trillion. Our GDP for 2008 was $14.2 trillion. Our Federal Tax Revenue in 2008 was $2.4 trillion. Our Interest is $460B at about 4% of the national debt. Our real total debt could be $75 trillion, but with a $2.4 trillion income, our debt should be $6 trillion max. We expect GDP to decline. Do the math.

Pensions & Healthcare
It’s never a good idea to entrust your pension and healthcare with the same organization, especially if it’s a government that can make selective homicide legal. We have that government right now, with our pensions an abortion law and a strong desire to take over healthcare. If they need to save money and they will, they will restrict healthcare based on age and push out pension payments to age 80. The politically correct Thought Police will have everyone over age 65 thinking they should check themselves in to Soylent Green.

Government Waste
I view all forms of welfare, foreign aid, foreign military base maintenance, pork project that are truly unnecessary and a myriad of do-gooder departments and agencies as government waste

Campaign Finance is broken. I would limit campaign expenses to $1 per registered voter in their district.

Education is broken. . I would put k-12 and college on the internet and close the schools and colleges.
I would remove all government financial support from education.

Healthcare is broken. I would replace hospitals with home care, replace malpractice settlements with license suspension, remove all defensive medicine Healthcare costs are too high because its paid for by a third party who has no reason to want to change it. I would remove all government financial support from healthcare.

Social Security is broken
We should pay out what each participant put in. We should begin reducing the Social Security Tax on younger workers and reduce the amount the government will have to pay out. We should do this until citizens have their own private retirement savings plans, then pull the plug on Social Security.

What can we do to get this to happen ?
I think the first step toward sanity would be to purchase our elected representatives back from the special interests and only allow constituents to make campaign contributions… no PACs, no outsiders, just registered voters in the candidates’ districts. State legislatures need to do this… the U.S. Congress won’t.

Loss of self sufficiency is loss of freedom
It’s bad enough that about 25% of us are receiving social security and medicare and another 25% of us are receiving tax subsidies of other various sorts. At least 50% of us are naturally conflicted in demanding that the government reduce its spending on us. Also we are split 50-50 in our opinion over the wisdom of expanding the social safety net. We are not in a good place. If the Left prevails, we could find ourselves with a $75 trillion real National Debt, with interest only payments at 4% of $3 trillion a year, 80% tax rates and no economy left in the U.S. Our loss of freedom would come in two ways: 1. we wouldn’t have an economy and could not support ourselves and 2. we expect our guns would have been confiscated, our churches closed and our freedom to disagree eliminated. This has already taken place in our public schools and colleges. We would be at the mercy of criminals and subjugated by government and cultural oppression. If this sounds like Communist Russia, it is. If we keep our current system, no one would be able to retire before age 80 except public school teachers.

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