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Friday, January 25, 2008

Side by Side Comparison of all the Candidates Positions


This website has an easy to read, side by side comparison of all the Presidential candidates with links to sources.

Someone did a GREAT job of laying it all out. A MUST visit for everyone voting in the Presidential primaries. Click on the Title to be taken to the comparision.


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Staving off Recession? Only in an Election Year.


Years ago, when other countries were going through the same housing bubble burst/low industrial spending/low consumer confidence and about to enter a recession, the United States was very free in its advice: Bite the bullet; live though it; it's a necessary adjustment which needs to occur.

But that line of economic thought apparently doesn't apply to us. In a rare show (read Presidential election year) of bipartisan support, the White House and the Congress compromised endless times on both sides to come up with a $140-$150BB Economic Stimulus Package. Both are already chastising the Senate for wanting to fiddle with the bill a little: they want it approved as-is and sent to the President for signature. Rebate checks would be sent out as early as May and finish up in July.......3-4 months before the election.

About $50 billion would go to business to jump-start the supply side of the equation. The remaining $100BB or so would go to taxpayers (and folks that didn't pay tax) in 2007.

The theory is if all these taxpayers (and non-taxpayers) suddenly get a check for $600 or $1200 (more if you have children), they're going to rush out and by iPods and computers and Rolex watches....used Rolex watches at that price.

The plan starts reductions at $75,000 a year in income but actually stretches up to $250,000. The theory behind giving cash to $100,000+ families is that they are more likely to go out and blow it shiny new toys while those below might actually use the rebate to pay bills.

I've got a few problems with the White House/Congress Plan. I'm not going to quibble with the business portion of the plan: they will invest the money in their companies which is good, and besides, since Big Business controls this country, you knew they were going to get something anyway. Here are my concerns:

1. Where are we getting the $150BB to pay for this? There are no offsetting cuts in spending so I guess we're just cranking up the old Treasury printing press again. How long until it takes a shopping cart full of money to buy a loaf of bread?

2. The second is where they are targeted. Before my current bout with unemployment, I used to make 6 figures. Couples making over $150,000/yr ARE just going to spend it on shiny toys or vacations. By and large, unless they completely financially irresponsible, they don't need the money to survive.

3. The flip-side of the coin are those making less than $75,0000; especially if they have children. They're more likely to use the money to pay down debt. The White House and Congress are against this: they want the money spent now. But they're sending the checks during the summer. A lot of people will use them for vacations. A lot of people will use them for vacations outside of the United States. Where's the benefit?

Every day we read of banks writing down billions of dollars in sub-prime mortgages and credit card defaults. THIS is the news that is weakening consumer confidence and bringing the recession. Let the people that NEED the money pay their mortgage or credit card payments on time for a couple of months and the bad news disappears. Consumer confidence goes up. Banks are more willing to lend at the insanely low interest rates available today. The dollar will stop sliding so much against foreign currencies.

Then we have the Presidential Elections. Regardless of who wins, it's like airing out a stale room. We know something is going to change and hopefully for the good. Retail sales rise in the 4th quarter. Business confidence rises.

Then comes January 21st 2009 and we get a new President. Even if its someone as venal and vile as Hillary, she'll get the traditional "honeymoon" with Congress that all new Presidents get (unless they blow it). The economy moves forward.

On the other hand, if the $100BB all goes to one-time frivolous purchases, they money will be spent by August. Then forget all the good stuff I said above.

4. If you lower the threshold for rebates, you have more money to spend. You can either up the rebates to the $1800 mark President Bush wanted or (God help me, I'm about to agree with Ted Kennedy) you can extend unemployment benefits for those whose have run out. The extension won't motivate the unemployed to buy a new car, but it will keep them shopping at Walmart instead of a Food Bank to put food on the table. For some it may make the difference between keeping a house or defaulting on a mortgage. President Bush is against this, Congress "compromised", and the Senate may sink the whole plan by trying to add it. President Bush "compromised" on making his tax cuts permanent.

President Bush is wrong. President Bush was also wrong when he pushed through the change Big Business wanted in the bankruptcy laws, forcing most people to file Chapter 13 instead of Chapter 7. Bankruptcy is a degrading last resort that used to give people a clean start on life. No more. I've come to the sad conclusion (since I voted for him twice) that President Bush is the advocate of Big Business and Big Money. He either doesn't care about or understand the plight of the "average" American. In Dallas, most families don't make over $65K a year. Maybe in California or the NY Metro area where the cost of living is much higher they make $200K/yr, but not here or in most of America.

Ironically, it's the chronically stifled and ignored Ron Paul who has the best answer: end our overseas empire and use the savings to pay off the deficit AND eliminate the income tax. And then get government out of the economy and let the free market work.

But Ron Paul is a man before his time. People would still rather put their fingers in their ears and go "Na,na,na" before admitting Americans and America are financially broke. They still, despite the failures and trillions of dollars spent since WWII, believe we can have Pax Americana AND all live like millionaires. Until other countries start paying US taxes, it's a fantasy. Unfortunately, it's going to take America's financial collapse until action is taken....and by then it will need to be far more drastic and draconian than what Dr. Paul is proposing now.

The country is financially falling apart and Washington is sending out gift checks printed on IOU's. I hope Big Business, Big Media, Big Government, and the Military/Industrial Complex will at least have the courtesy to acknowledge Ron Paul was right "way back then". They won't have any money for a plaque or statue.


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Sunday, January 13, 2008

Seriously: Why Isn't Ron Paul the Front-Runner?




I know there are many who sincerely believe in a United States where the government takes care of you from cradle to grave. I disagree with you, but I understand why you feel the way you do and this article is not designed as an assault against your world-view.

I'm speaking to every voter who has a personal or family budget to manage. The more debates I watch, the more I research the candidate's positions, the more papers I read that completely and purposefully delete any mention of Ron Paul, the more frustrated with my fellow so-called conservatives I become.

I didn't start out liking Ron Paul. In fact, the first article I wrote on him was "Now is NOT the Time for Ron Paul". I saw him, at best as a potential spoiler in the general election if he went 3rd party, and at best, a humorous diversion in an otherwise lack-luster field of candidates.

But the more you really compare him to the other candidates and to the news of the day, he is really the only one who it makes sense to elect President.

Before thousands of mice start clicking the DIGG "Bury" button in abject horror, hear me out.

Lets look at the overall health of America today. Not the polarizing factors like Illegal Immigration, Social Security, Healthcare....just the overall FINANCIAL health of America as a nation.

We've got to be honest: we're broke. We're worse than broke, we've got the largest deficit we ever had and it's growing. The dollar is worth less and less against the Euro, the Yen, and every other major foreign currency. We are spending more than we can tax.

Congressional Earmarks had the lime-light shined on them this campaign. Money....OUR money..intentionally thrown into a big pile where individual congressmen and senators can divert them to what I'm sure they believe are worthy causes in their district or state.

Personally, I'm out of work right now, my Unemployment Insurance has run out, and we can barely afford the health insurance premiums let alone the $1000 deductible if we have to use it.
I'm in debt like I've never been and my prospects are still not good. I live in Texas, can't afford to move if I wanted to, and my skills are just not in demand here.

It would be great if the government paid my health insurance, gave me a reasonable stipend to live on, sent me back to college, and fixed my cracked foundation so I could sell my house. BUT THEY DON'T HAVE THE MONEY or the responsibility! This is not Dubai where every citizen gets $75K a year just for being a citizen AND a free college education. WE ARE BROKE AS A NATION.

There are a lot of nice things the government could do if we let it. We could even supply cradle to grave support for everyone, legal and illegal too......except we can't afford it.

We're a nation living like me: on credit cards. Families every day make decisions like whether or not to purchase a new car or take a vacation, or buy food. Some live responsibly within their means and deny themselves that new BMW in favor of a lesser car. Others buy the BMW because they make enough to pay for it, while a lot of Americans buy the BMW hoping they can juggle the bills to make the payments.

It's time to face the fact that America can not afford to do a lot of things anymore. And a lot of them are good things. In Texas, where we seem to vote yes as a state for every bond issue that comes along, we recently approved $3 Billion for cancer research. My two grandfathers died of cancer. No one likes cancer. But paying out $3BB for something that is really up to the evil drug companies we accuse of overcharging us....it's a luxury we can't afford. Better they had spent nothing OR put it towards a nuclear power plant which would benefit all Texans.

America is the family that's home is worth less than what they owe on it, have maxed out their existing credit cards, and instead of cutting the cable tv, the dinners out, the newest gadgets and the most fashionable clothes, they just apply for more credit cards. The interest rate is higher because their credit rating is lower, but who cares: got to have that new cell phone.

And then one day we reach the tipping point where we can't afford all the payments anymore and start defaulting and paying late. The credit card companies see this and not only cut you off from new cards, but double the rates on all your existing cards and your payments go even higher.......and you can't afford them and now you're getting scared. America starts wars in places we have no business being and we spend even more. Then the cap comes off the mortgage and we have to start selling our country to the Chinese, the Europeans, and anyone else who wants in on the biggest estate sale in the history of the planet. In the end, it's unsustainable, and like the British and the French and the Spanish before us, our empire crumbles and we sink back into 2nd world status. Is that what we want for our future? Our children's and grandchildren's future?

Ron Paul is the only candidate from either party saying we can't afford a world-spanning empire anymore. As much as our hearts may go out to people, we can't afford to police the world. With the Baby Boomers (I am one) hitting retirement, we have a social security systems that can't afford to pay the bills. On my last letter from social security showing what I would make if I retired at different ages, they noted that after 2011, those payments could be reduced 35% due to lack of funds.

The conventional political solution? Keep pushing back the retirement date, tell the seniors to keep working, and hope they die before Social Security has to pay out any benefits. I guess they forgot to clue Big Business in on that, because despite the laws, age discrimination is a fact of life in the real world. Even in government: The FDIC, which is quasi-government, is the subject of a class action suit because the Board allegedly decided to push out anyone over 50 so they wouldn't have to pay pensions.

I've been a hawk all my life. I served in the military because I thought it was the right thing to do. But in 2008, do we REALLY need military bases in Europe? I don't think the Nazi Party is making a come-back and the hated (by me) French have their own nukes to defend themselves with. Do we need a massive "embassy" the size of Vatican City in Iraq? And one, apparently with defective sprinkler and fire suppressant equipment?

We spend more on "Defense" than the rest of the world combined. They laugh at us, the UN directs us, and the rest of the world spends their money on their own countries and token military forces. Why not? The USA will ride to the rescue and not even send them a bill.

How much free oil did the Kuwaitis send us after Gulf War 1? How much free oil are we getting from Iraq to repay the hundreds of billions we've spent on "freeing them"? How much does the South Korean government pay for the 50,000 troops we have separating them from North Korea.....for the last 50 years? Nothing, Nothing, Nothing.

And meanwhile at home, the collection agencies are calling America non-stop; we're one step away from being foreclosed on......and every candidate BUT Ron Paul talks about spending more and more money. "We must cut spending....and I'm in favor of Universal Healthcare" or "I'm in favor of increasing our 'investment' in Education". It's as though they're wearing blinders or are so afraid of facing reality, that they're running on denial through spending. Not one of them can see that we are running like lemmings off a cliff, and if it doesn't happen in my lifetime, it definitely will in our children's lifetime. Enough is enough. America is broke and broken. And no one will acknowledge it except Ron Paul.

The Dallas Morning News drives me crazy down here. They do political article after political article mentioning EVERY candidate who got more than 12 votes......except Ron Paul. They did an article today on the internet revolution in politics and used Barack Obama as its example! Ron Paul was not mentioned once. Love him or hate him, you can't deny that the political internet revolution revolved around HIM! Yet not one mention from the Dallas Morning News or I'll bet in many of your hometown newspapers.

Why? Because he makes us look at America the way we ARE, not the way we PERCEIVE ourself to be. We as a nation are headed to bankruptcy and no one wants to face that....except Ron Paul.

I don't agree with all Dr. Paul's policies, but I also remember (I hope they still teach it in schools today) that there are THREE CO-EQUAL branches of government. There are intentional checks and balances. Dr. Paul will be able to accomplish a lot with Presidential powers, but there is Congress and the Supreme Court to reign him in.

One thing he can do as Commander in Chief is not to involve us in ANY wars or conflicts not specifically declared by Congress. As he is fond of saying, our last declared war was WWII and we haven't won a single non-declared one since. Personally, I think we did win Gulf War I but that's just me.

He can re-deploy our forces from overseas to the continental US. Doesn't your heart go out to all the families of National Guard troops who thought they were signing up as the military of last resort and now are on 12-18 month tours? Bring them home.

Israel? They have enough nuclear weapons to turn most of the Middle East into a sheet of radioactive glass, and make no mistake, if they are attacked and backed into a corner with no exit, they will do just that. And the Arab States know it.

Japan? Can't they defend themselves yet? How much have they paid us for being their military for the last 50 years? Nothing.

Taiwan? Is it really any of our business how they and the Chinese solve their issue? The British, once a great military power, gave back Hong Kong. Life goes on.

We ignored the Sudan and Danfur yet we couldn't ignore Yugoslavia?

Americans are a compassionate people but sometimes we can't see the forest for the trees. The forest in this case is the financial survival of the United States of America. And no one but Ron Paul seems to get that.

This nation was founded on the principle of "Life, Liberty, and the Pursuit of Happiness". What kind of life can we have as a second-rate nation? How much more liberty will we give away in the name of security? The pursuit of happiness was never intended as a guarantee everyone would BE happy.....just that they would have the freedom to pursue it. Me, I'm miserable right now but I don't blame America or expect America to bail me out. How many others will be in my boat if the country goes under financially? We're already seeing the word "Recession" in the media. They're not reporting: they're trying to prepare us for what is yet to come. Notice they waited until after Christmas so as not to be blamed in dampening 4th quarter consumer confidence.

The arrogance of the media in only telling us what they think we can handle, or to steer us in a direction THEY want us to go. But that's for another article. They obviously don't want to "upset the ship" by giving Ron Paul the attention he DESERVES based on the votes he's gotten and the money he's raised.

History demonstrates over and over (do they still teach REAL history in schools?) that at certain crucial junctions, a person will rise to the occasion and do great good. I am convinced finally that Ron Paul is that individual, that America's survival hangs on this election, and NONE of the other cardboard cut-outs running for President can save this nation. Dr. Paul is 71. We need him NOW, not in 8 years.

Look at America's Financial State the same way you should look at your family's. Then go to the website of the candidate you are currently supporting. Does THEIR policy make the problem better or worse? Does it start SOLVING the problem, or just push it off to the NEXT President. America, we are in a Financial CRISIS. For that reason alone, you MUST vote for Ron Paul to be the next President of the United States. Wake up and face our reality. Christmas is over and it's time to pay the bills.



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