Monday, September 26, 2011

Government out of control


To the editor:
    Cache Valley Politicians say they’re cutting the budgets to the bone? The corporate State of Utah was never meant to be a state for profit, controlling private businesses or private property! The state can only tax properties of corporations and government officers within the three branches of government.
    The corporate county of Cache as well as Logan, Smithfield, etc. as state fostered political subdivisions for gain, are illegal, and are in contempt of both U.S. and Utah Constitutions!
    Governments have no lawful regulatory authority to regulate us, as if we were their corporate properties! The governments never were lawfully set up to raise profits, nor receive retirements and other benefits as politicians. They were to do one term, and go back to their private job. No one was ever to retire with pay for being a public servant!
    In Utah, control of rights and empire building are unbridled, because the majority of people have fallen asleep at the watch towers, due to their comforts and money.
    Governments can’t compete or assist private businesses, and by doing so have damaged the balance of free enterprise markets.
    Politicians are being bought by large corporations. In return, billion-dollar socialist projects, are given to big oil, auto, pharmaceutical, medical and insurance companies, whom are making unrealistic profits; yet we are paying more for fuel, etc. than we ever have; we lost our freedoms to regulations, taxations and are fleeced by price fixing monopolies!
    Remove empire building, along with revenue-making traffic courts, private property taxes, private income taxes, and stop enforcing private businesses to be income tax collectors, licensing, and Social Security number enforcers.
    We need to get back to basic governments of bare bones, protecting the people’s rights to life, liberty and the pursuit of happiness. We do not want governments to regulate our lives! Leave us alone and allow us to work, earn wealth, keep or spend our wealth as we desire, and soon, all the unemployment, socialist government budget problems, etc. will disappear by themselves! Leave us alone!
    Do away with all government agencies that are not paid for by state and federal fuel taxes, sales taxes, and “corporate property taxes.”
    This nation must stop the war they declared on the people (war on drugs) and instead, focus to preserve our boarders, our language, our monetary system backed by silver and gold supporting our U.S. Treasury notes, getting rid of the giant leach called Federal Reserve Bank. Protect the rights and liberties of the people!
    If governments will not act lawfully, then we the people will make citizens’ arrests and rid ourselves of the socialist parasites that now have this nation to its knees, being  financially distraught and morally corrupted.
Don Dunbar

Sunday, September 25, 2011

How large is the federal debt?

Total Federal Debt and Its Coomponents (End of Fiscal Year 2010)Total federal debt—also known as gross debt—is the amount of the federal government's outstanding debt issued by the Treasury and other federal government agencies. Totaling about $13.6 trillion at the end of fiscal year 
Any yearly accounting period, regardless of its relationship to a calendar year. The fiscal year for the federal government begins on October 1 of each year and ends on September 30 of the following year; it is named by the calendar year in which it ends. Prior to fiscal year 1977, the federal government began its fiscal year on July 1 and ended it on June 30.2010, gross debt consists of two components: (1) debt held by the publicFederal debt held by all investors outside of the federal government, including individuals, corporations, state or local governments, the Federal Reserve and foreign governments. and (2) debt held by government accountsFederal debt owed to government accounts, primarily to federal trust funds such as Social Security and Medicare. The cumulative surpluses, including interest earnings, of these trust funds and other government accounts have been invested in Treasury securities, almost always nonmarketable. Whenever a government account needs to spend more than it takes in from the public, the Treasury must provide cash to redeem debt held by the government account. Consequently, this reflects a future burden on the economy. (also known as intragovernmental debt holdings), such as the Social Security and Medicare trust funds.http://www.gao.gov/special.pubs/longterm/debt/debtbasics.html#heldbypublic

Saturday, September 24, 2011

Live blogging the US Sen. race, the CPAC, P5 edition


After languishing in the shadows of the Republican presidential race, the U.S. Senate race just took center stage at Conservative Public Action Conference and the Republican Party of Florida Presidency 5 event this morning.
First up at CPAC: Adam Hasner, the former Republican leader in the Florida House, a post he was given by former House Speaker and current Sen. Marco Rubio, whom Hasner invoked to much applause in the first 30 seconds of his 15 minute speech.
"He called me the most partisan Republican in Tallahassee. He meant it as a compliment. The mainstream media tried to make it an insult. I made it a badge of honor," Hasner said.
Hasner soon took a subtle shot at opponent George LeMieux, the former right hand mand of Charlie Crist, the Republican-turned-independent governor who lost to Rubio last year. Before Obama took the reins of power, Hasner said, "the establishment in the Republican Party was saying the best way for Republicans to beat the Democrats was to be more like them. I didn’t buy into that philosophy."
Hasner,, however, made himself sound like more of an opponent to the establishment and Charlie Crist than he was. As this story of ours shows,Hasner also supported a watered-down climate-change law that the Legislature now wants to repeal. And he voted for a budget with $2.2 billion in tax and fee increases and billions more in federal stimulus money. He also favored high-speed rail and SunRail, which tea party activists came to abhor. Though he privately mocked and fought Crist behind the scenes at times, Hasner also boasted of working with the governor on the federal stimulus program.
Hasner spoke forcefully at CPAC, garnering wild applause for his shots at Obama.
"The Obama administration doesn't have a messaging problem. They have a policy problem. They are waging class warfare," Hasner said, noting he has been a lifelong Republican despite being the son of two liberal Jews from New York.
http://miamiherald.typepad.com/nakedpolitics/2011/09/live-blogging-the-us-sen-race-the-cpac-p5-edition.html
"Life as a Republican isn’t easy," Hasner said. "Being a pro-life pro-second amendment conservative from Boca Raton hasn’t made it any easier." 

Friday, September 23, 2011

NYT: Obama rebuffed as American influence wanes

A last-ditch American effort to head off a Palestinian bid for membership in the United Nations faltered. President Obama tried to qualify his own call, just a year ago, for a Palestinian state. And President Nicolas Sarkozy of France stepped forcefully into the void, with a proposal that pointedly repudiated Mr. Obama’s approach. 
Bailey Comment: What was that saying about the dog (France) that bites the hand that feeds it! http://www.msnbc.msn.com/id/44624040/ns/world_news-the_new_york_times/

Thursday, September 22, 2011

I know how to create jobs!

Fire all of the politicians and replace them with the laid off, out of money, out of work average American. Americans that could take care of their families on $50,000 a year. Why do we elect career politicians that are whining about they're only making $600,000 a year. Duh!!

Tuesday, September 20, 2011

Who will eclipse America?


According to Voltaire, the Roman Empire fell “because all things fall.” It is hard to argue with this as a general statement about decline: nothing lasts forever. But it is also not very useful. In thinking, for example, about American predominance in the world today, it would be nice to know when it will decline, and whether the United States can do anything to postpone the inevitable.
Contemporary commenters despaired of the Roman Empire for several hundred years before it finally collapsed. Could America find its way to a similar extension?
In terms of providing an essential structure for discussion of this problem, Arvind Subramanian’s new book, Eclipse: Living in the Shadow of China’s Economic Dominance, is a major contribution. (Full disclosure: Subramanian and I are colleagues at the Peterson Institute for International Economics, and we have worked together on other issues.)
In particular, Subramanian develops an index of economic dominance that should become a focus of conversation anywhere that people want to think about changes in world economic leadership. There is no need to know any economics in order to be fascinated by this book: it is about power, pure and simple.
The basic facts are incontrovertible. The United Kingdom was the world’s dominant economic power from the rise of industrialization in the early nineteenth century. But it lost its predominance and was gradually eclipsed by the US, which, at least since 1945, has been the undisputed leader among market-based economies.http://globalpublicsquare.blogs.cnn.com/2011/09/20/who-will-eclipse-america/

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