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HERB PETERS FOR CONGRESS 36th Congressional
District Primary Election scheduled –
Libertarian
Party The Party of
Principle |
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Question
– Why are 85% of the people unhappy with our
government? |
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Is
it that it delivers BARGAIN BASEMENT SERVICES at PENTHOUSE
COSTS?? |
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Issues |
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THE
FIZZLE AND THE SIZZLE ONCE
WE HAD A WONDERFUL
ECONOMY THERE
IS HOPE FOR THE
FIZZLE Why
did the government take gold and silver out of our money? My ANSWER – so they could spend
money without having it. Today
they take in about $6 billion per day and spend $10.5 billion per
day. The
$6 billion are derived from the people in the form of income tax, social
security contributions and other government incomes including
fines. The
other $4.5 billon are either borrowed or CREATED out of NOTHING.
When
MONEY is CREATED out of NOTHING it
dilutes the value of the rest of the money. The weaker (diluted) money
becomes worth LESS – thus the fizzle. As
taxes go up - (inflation is the cruelest tax increase – its affects are
MOST serious for the poorest of our people – causing homelessness) - to
finance our government’s insatiable spending, employees want more pay to
pay the increasing taxes; employers businesses cost more so they want to
raise prices. Diluting
our money and increasing taxes are causing the “FIZZLE” of our
economy. To
correct this we must balance our federal budget and significantly reduce
taxes. THE
SIZZLE | |||
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By
1898 we had become so productive that we exported about 10% of our
production!
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We had a trade surplus of about $600 million
dollars •
The federal debt was $25 per person •
The federal budget had a surplus of over $50,000 per
day!
1898
was probably our pinnacle year of wealth creation; AND a lot of good was
still happening: By
1912 inventions
included the airplane, the automobile and electricity. We did our share of
the above: •
With NO Federal Income Tax •
With NO Federal Reserve System •
With NO Social Security System We
were the envy of the world: Immigrants seeking a new life were welcomed!
Let’s
find the Hope; first let’s find out the problem! | ||||
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I'M ASKING FOR
YOUR HELP TO MAKE A DIFFERENCE! | |||||
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Copyright © Herb Peters 2010
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