Tuning Up For The ""4th of July""
Benjamin Franklin said something like ‘if we don’t hang together against the British then surely we will hang individually’.
TJ penned something like 'inalienable rights are life, liberty and the pursuit of happiness'.
Ronald Regan related that 'freedom and liberty can be lost over one generation'.
Another by TJ: "God forbid we should ever be twenty years without such a rebellion.The people cannot be all, and always, well informed. The part which is wrong will be discontented, in proportion to the importance of the facts
they misconceive. If they remain quiet under such misconceptions,
it is lethargy, the forerunner of death to the public liberty. ...
And what country can preserve its liberties, if its rulers are not
warned from time to time, that this people preserve the spirit of
resistance? Let them take arms. The remedy is to set them right as
to the facts, pardon and pacify them. What signify a few lives lost
in a century or two? The tree of liberty must be refreshed from
time to time, with the blood of patriots and tyrants.
It is its natural manure."
TJ wasn't just whistlin' Dixie. Let's do that one line again - "If they remain quiet under such misconceptions, it is lethargy, the forerunner of death to the public liberty. . ."
So, this 4th of July let's follow his suggestion and make some noise. So, for what reasons do we have to make noise?
The major reason we need to make some noise is because we, as citizens, have failed in our responsibility/duty to be informed and active in politics. Any perceived problem within the confines of the US can be directly attributed to local/state gov't or the 535 in Washington. We can find like minded candidates to run. We can vote from office those incumbents who continue to deny our constitutional rights such as Article Five Convention.
Other reasons to make some noise and vote incumbents from office:
Federal debt near $16T
Nationwide debt $57T
Illegal immigration ??
Medicare (over $70B/annual fraud)
Uncompensated healthcare $56B/yr
State/local pension debt est. $4-5T
Rampant corruption/drugs $??
And, how is our fiscal house hangin this birthday? Total Natl Assets (90T) minus unfunded liabilities (120T) is (-120T) - (+90T) = -$40Tdeficit
With an M2 Money Supply (all the piggy banks included) of about $10T, how can the 535 pay the interest on $16T of federal debt?
The 535 have failed, in a big way, and they must go. Most expeditious way? A new third party with a different political attitude with a mission to abolish corporate personhood and implement REAL campaign finance reform.
This 4th of July I hope you take the time to review these reform websites: www.republicsentry.com, www.foavc.org, www.movetoamend.org and www.reclaimdemocracy.org
Otherwise, let's celebrate the day, our inalienable rights to 'life, liberty and the pursuit of happiness', and acknowledge the Founding Father's of our Constitution.
Posted by Roy Ellis at July 4, 2012 1:31 PM
Roy wrote: And, how is our fiscal house hangin’ this birthday?
Not too good.
On this 4th of July, some people might say we should be giving thanks for those who sacrificed so much for the freedom and liberty they gave to the United States.
And we should.
But now look at what we have today, which does not bode well for the next few decades:
- the M2 Money Supply of $9.94 Trillion and the Federal Reserves of $2.6 Trillion is less than 22% of the $57.6 Trillion nation-wide debt;
- the $15.75 Trillion federal debt is $138,575 per tax payer; over 103% of the $15.19 Trillion GDP?; over $180,000 per U.S. citizen; over $509,000 per U.S. tax payer; over $693,639 per family; and 3.8 times the U.S. GDP of $15.19 Trillion (over 200% higher than it was in year 1956); $120 Trillion in unfunded liabilities which exceeds the $90 Trillion in nation-wide assets;
- No one can explain where the money will come from to merely pay the interest alone on $57.6 Trillion of nation-wide debt, much less pay down the principal, when that money does not yet exist;
- the U.S. has fallen to 14th in Reading, 25th in Math, and 17th in Science (based on 2010 OECD scores);
- U.S. unemployment (currently at 8.2%) has been above 8.0% since year 2009;
- incessant inflation is used to battle debt, but destroys wages and savings; a 2001 U.S. Dollar is now only worth 77 cents; and a 1950 U$D is only worth 11 cents; and a 1913 U$D is now only worth 4 cents; the effect of incessant inflation, year-after-year-after-year; non-stop inflation since year 1956;
- real income has been shrinking for years; Americans have lost 39% of their wealth since year 2007; incomes have not been keeping up with inflation;
- Americans ages 35 to 44 have lost 55% of their wealth, and are 70% poorer than their counterparts of the same age in 1984 (according to a Pew Research Center study from last year);
- many of the economic statistics not being reported accurately, and many statistics are being manipulated to make matters look less severe;
- State and local pensions are $3.9 -to- $5.0 Trillion in debt (much more than the previous estimate of about $900 Billion);
- 80% of the U.S. population owns only 17% (or less) of all wealth, and 1% owns over 40% of all wealth (up by 20% from 20% in year 1976); a wealth disparity gap that has never been worse since the Great Depression;
- millions of more foreclosures and bankruptcies are still in the pipeline;
- many trillions spent for stimulus and increased the already massive debt, with little (if anything) but more debt to show for it;
- regressive taxation;
- rewards, tax breaks, and subsidies for corporations that move jobs out of the U.S.;
- constitutional violations (e.g. Article V)
As a result, get ready more of the same things listed above … except worse.
When will it end?
Only when too much of the following two extremes finally becomes too painful:
- Extreme #1: One extreme wants regressive taxation, unfettered capitalism, little (if any) government regulations, and freedom to explore and wallow in almost every manifestation of unchecked greed.
- Extreme #2: The other extreme wants a nanny-state with citizens increasingly dependent on the government (by design); with massive cradle-to-grave government programs (which are usually severely mismanaged and plundered) that nurture a sense of entitlement and dependency on government; tries to disguise envy and jealousy as demands for equality; wants to grow government ever larger (despite the already current nightmare proportions); rewards failure and laziness; and perpetuates the myth that we can somehow all live at the expense of everyone else.
But, at any rate, the majority of voters have the government that they elect, and re-elect, … , and re-elect, at least, possibly, until repeatedly rewarding failure, repeatedly rewarding the duopoly, and repeatedly rewarding FOR-SALE, incompetent, arrogant, greedy, selfish, and corrupt incumbent politicians in Congress with perpetual re-election finally becomes too painful. That is, the majority of voters obviously have exactly what they deserve, since they repeatedly reward their incumbent politicians with perpetual re-election.
As long as the majority of voters allow this, they obviously have what they want.
World’s best designed outhouse. fer shure, d.a.n.
Say, I saw Romney on TV at a political meeting and he looked unshaven. Can you believe it??!!
And, Obama is saying its alright for some Dems to miss the Dem Natl Convention. What is this world coming too??!!
Back to reality;;;
Barclays is putting much of the blame for their lying about manipulating key lending rates on the ‘regulators’. Saying that they had previously notified regulators that other banks were not being honest about inter-bank lending rates during the time of the housing mortgage crisis.
And, today we hear that Country Wide, now defunct, was offering low rate loans to congresspersons during the same time period.
I wish I were a cor-pra-tist
just livin in luxury with-out the risk,
By stroking the palms in elected office,
I could live big with no resist,
A cor-por-ation the key to my success,
Personhood trumps taxpayers, ah!- happiness.
Otherwise - - -
yet I seem to still exist,