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(since
the 07-NOV-2006 election)
þ
DONE?
| (01) | Lawlessness, Government Corruption, Waste, and Incompetence: | ||
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(02) | War and Terrorism: The unnecessary invasion of Iraq was a mistake (i.e. no Weapons of Mass Destruction (WMD)), and worsened by many subsequent blunders, numerous false statements, a lack of understanding of the region that could have easily been obtained from the CIA World Fact Book years before the invasion, an unwillingness to listen to advice, trying to fight a war on-the-cheap, and making military decisions for political reasons (a misuse of the military; U.S. troops deserve much better). And, Homeland Security is a farce when our ports and borders are nearly wide-open. When terrorists really do lay their hands on WMD, there will be nothing to stop them. Then there is the serious matter of Afghanistan, Iran, North Korea and proliferation of nuclear, chemical, biological weapons; matters that are exacerbated by a foreign policy that alienates allies. | |
| (03) | Illegal Immigration: State and federal governments refuse to enforce existing laws, refuse to prosecute employers of illegal aliens, refuse to stop illegal immigration, and refuse to the secured borders or ports. A corrupt and impoverished neighbor refuses to help. Illegal immigration is a net loss of over $70 billion per year to U.S. citizens (not including the massive cost of crime, job displacement, disease, etc.). While most illegal aliens merely come here for work, 29% of our prison population are illegal aliens, and 32% receive welfare. Most Americans want illegal immigration stopped now and do not want another amnesty program (a.k.a. guest-worker program) that will quadruple the problem like the amnesty of 1986. It is despicable how irresponsible incumbent politicians have ignored the problem for decades in pursuit of cheap-labor and the support of their big-money-donor puppeteers (greedy employers of illegal aliens), and now pit American citizens and illegal aliens against each other. | ||
| (04) | The massive $Loading... National Debt, borrowing, spending, and money-printing has the real potential to cause an economic meltdown. Even if the federal government stopped borrowing and the growth of the debt (currently $1.6 billion per day), and started paying back about $1.061 billion per day, it would take over 150 years to pay off the National Debt! If the federal government simply stopped borrowing, the national debt would still continue to grow by over $1 billion per day due to interest alone! Some will argue that the National Debt is not that large when compared to GDP, but that's a deceptive argument, since the National Debt is only a portion of the total $22 trillion of federal debt. Still, the National Debt alone is up from 33% of GDP in 1980 to 63% of GDP in 2006. Including the $12.8 trillion Social Security debt and $450 billion PBGC debt, the total $22 trillion of federal debt has never been worse (ever)! This much debt destroys opportunity, and leaves us with fewer options when we may need them most. It makes the recovery of any inevitable recession, or depression (or worse) more difficult and painful. | ||
| (05) |
REGRESSIVE taxation:
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| (06) |
Inflation
and the
The Federal Reserve:
The Federal Reserve (head
of a usurious, inflationary, fiat funny-money system)
is a quasi-government controlled / privately owned bank) which is
printing too much money and increasing inflation
drastically since year 1999. On average, the
M3
Money Supply increased from $135 billion to $10.15 trillion between 1950 and
2005 ! That is a factor of
75.2 ! But we did not become 75.2 times
wealthier (not when the population also doubled). To make matters worse, massive debt, borrowing, and rampant spending
creates pressure to print more money.
The problem grows worse and worse, because we now have to pay, due
to growing debt, a staggering
$1.3 billion per day (or more) in interest alone on only the $9.4 trillion National
Debt. And guess where the money to pay that interest alone is coming
from? It's coming from more borrowing and more money-printing. The government is printing hundreds of billions of new money per
year, and borrowing the rest. M3 Money Supply also increases due
to growth, productivity, and population growth, but not by the amounts we are witnessing. Our
fiat funny-money monetary system represents nothing more than a
dishonest form of hidden taxation. When the government can print money at
will, and does so irresponsibly, it is no different than a
counterfeiter
who illegally prints currency. Our fiat funny-money monetary system
especially hurts savers and people on fixed incomes, who find the value of
their dollars steadily being eroded by the Federal Reserve's irresponsible,
incessant excessive money-printing.
![]() For example, at only 4.5% inflation, $100.00 shrinks to: $96.35 in 1 year $92.70 in 2 years $89.05 in 3 years $81.75 in 5 years $63.50 in 10 years $45.25 in 15 years $35.43 in 20 years |
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| Get ready for more inflation (probably double-digit inflation again). The U.S. dollar is already falling like a rock. It has fallen significantly against all major international currencies for over 5 years. That is why the double-digit inflation of the late 1970s and early 1980's was so devastating. That is what is making foreign investors in the U.S. National Debt a bit nervous. It is also a moral issue. To really understand why the dishonest fiat-funny-money monetary system and excessive money-printing is so popular among bankers, government, some utopian economists, and the business community, you need to understand how it gives them power and influence. It puts money in their hands, first, early in the circulation cycle, before the currency loses its value due to inflation. This dishonest fiat funny-money system shifts the losses to others that don't understand how they are being cheated, and how it erodes their savings, retirements, and fixed incomes. Inflation is like a REGRESSIVE tax, since the poor are limited in ways of preserving wealth with property, gold, stocks, homes, etc. The poor and those dependent on fixed incomes can not keep up with the rising cost of living. So median incomes continue to fall (as they have since 1999). Predatory interest rates and lending practices (i.e. raising Adjustable Rate Mortgages from 6% to 14%) are wide-spread. And the banks get the interest on the money created out of thin air. In addition to that, when some debtors default on their loan (exacerbated by skyrocketing Adjustable Rate Mortgages and predatory lending practices), the bank then can confiscate real property, which essentially converts the loan money printed out of thin air into real property and assets. Cha-Ching ! | |||
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It is similar to playing the game of Monopoly in which one person can print all they money they want for them self. Before long, that one person owns everything, and everyone else is broke or deep in debt (similar to what has been happening in the U.S. for decades, which is why the nation is now swimming in massive debt; about $42 trillion of nation-wide debt; equivalent to about $140K per person). How will the Federal Reserve and government resolve this massive debt problem? They will print more money. They will have no other choice. The treasury yield curve inverted (FEB-2006) which historically have preceded many of the U.S. recessions, and is often seen as an accurate forecast of the turning points of the business cycle. While unemployment is supposedly low, this supposedly rosy economy is being funded with massive debt, borrowing, wasteful spending, and money-printing ($3 trillion more in National Debt from 2000 to 2006). |
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| (07) | Nation-Wide Debt: The total nation-wide personal debt ($20 trillion) and the total federal debt ($22 trillion) has never been worse (combined with state and local government debt, over $53 trillion of nation-wide debt). | ||
| (08) |
Education:
The quality of public education is falling while the cost is rising
drastically. The U.S. has decreasing numbers of U.S. citizens
graduating with degrees in science and engineering. Our children are
the future, but about 30% are failing to graduate from high-school. What will our future be if they are not adequately
educated? Insufficient Education also leads to the failure to recognize the importance of Education itself, Transparency, and Accountability, which results in Corruption:
In a voting nation, an educated electorate is paramount. |
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| (09) | Healthcare: Too many middlemen and too much fraud is not only making healthcare increasingly unaffordable, but dangerous too! Pharmaceutical corporations and the FDA are becoming pill pushers that are killing hundreds of thousands in the U.S. (annually). That does not even include the huge number of patients that are irreversibly damaged and maimed. JAMA reported that over 2.2 million hospitalized patients in 1994 had serious Adverse Drug Reactions (ADRs) and 106,000 were fatal, making these drug reactions the 5th or 6th leading cause of death in the U.S.! JAMA's conclusion was that "the incidence of serious and fatal ADRs in U.S. hospitals was found to be extremely high". On 27-July-2004, HealthGrades.com reported that "An average of 195,000 people in the U.S. died due to potentially preventable, in-hospital medical errors in each of the years 2000, 2001 and 2002, according to a new study of 37 million patient records". Once again, part of the problem is the growing corpocrisy, corporatism, and influence of government by corporations and some that abuse vast amounts of money to control government. Healthcare solutions are needed. While government is not responsible for providing universal healthcare, it is responsible for protecting consumers from some greedy corporations that will do anything for a buck. Also, illegal immigration is placing huge burdens on the healthcare system. Illegal aliens are over-running our ERs, hospitals, Medicaid, and welfare. That’s appalling. Since 1999, that is over 1.5 million people killed by preventable medical mistakes. That is more than all the U.S. troops killed in the the American Revolution (4,435), the War of 1812 (2,260), the Indian Wars (1,000), the Mexican War (1,733), the Civil War (462,000), the Spanish American War (385), WWI (53,402), WWII (291,557), Vietnam War (58,209), Korean War (36,574), the Iraq Gulf War (529), and the current Iraq war Mar-2003-present (3,963), combined! | ||
| (10) | Environment: If we mess up our environment, all of the other things on this page may not matter much. | ||
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| (11) | Energy Vulnerability: urban sprawl, 40+ hours per month (540 per year) commuting; traffic grid-lock; tremendous waste of time and fuel; The Department Of Energy, despite its cu$hy $24 billion annual budget (year 2007), has no energy plan. The government, despite the trillion$ it bilks from the U.S. tax-payers, is not serious about developing alternative energy sources. Just think what could have been done with the annual $28 billion spent on pork-barrel and waste? | ||
| (12) |
Social
Security: Social
Security is $12.8 trillion in debt and there are looming shortfalls due to
decades of plundering surpluses, and a decreasing ratio of contributing
tax payers to total number of Social Security recipients.
An aging population
(77 million baby boomers) will exacerbate the Social
Security and Medicare revenue shortfalls as the number of entitlement recipients
increases relative to the decreasing the number of entitlement tax payers (and revenues). 77
million baby boomers will earn less income, pay less taxes, spend less, and
start drawing benefits from already troubled Social Security, Medicare, and Medicaid
systems. In year 1998, the average age of women in the U.S. is 81
years. That is 16 years beyond the typical age of eligibility for
Social Security and Medicare (i.e. age 65). That means there are
13,175 persons (on average) becoming eligible for Social Security and
Medicare per day!
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| (13) | Medicare: There are currently hundreds of billions of unfunded liabilities for Medicare, and Medicare fraud is rampant. Medicare could easily become (if it hasn't already) a bigger problem than Social Security. | ||
| (14) | Pension Benefit Guaranty Corporation: The PBGC is $450 billion in the hole (as of JAN-2005). Tax-payers will get stuck with the bill. There is a growing problem (nation-wide) of insolvent and plundered pensions; | ||
| (15) | Crumbling Infrastructure (roads, bridges, tunnels, railways, ports, air ports, buildings, water treatment, etc.); |
Perhaps enough voters will question the wisdom and habit of repeatedly rewarding irresponsible incumbent politicians with perpetual re-election when enough voters are jobless, homeless, and hungry; perhaps when the consequences of the these 10+ abuses finally becomes too painful? The sooner the better (similar to what voters did in the Great Depression, when they voters ousted 206 incumbent politicians in year 1933). At any rate, the voters have the government that the voters elect (and deserve).
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In a voting nation, an
educated
electorate (i.e. the voters) is paramount
! The voters will receive their education (eventually) one way or another. The voters' education is already on its way; some painful lessons are already in the pipe-line. Sooner would be better than later. Please help energize your family, friends, and associates ! |
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| The Problem and the Solution (account for the human factor) | |
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The Disparity Trend is worsening (these things did not all come about by mere coincidence over the past 30 years) |
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Economic Conditions Never Worse Ever and/or Since the 1930s and 1940s. |
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Irresponsible Incumbents (what irresponsible incumbent politicians do while troops risk life and limb) |
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National Debt (it will take 153 years to pay off the National Debt) |
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Debt and Money (M3 Money Supply and the Federal Reserve) |
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Consider the Following Scenario (must we always learn the hard way)? |
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Solutions ; Help to Educate others (peacefully force government to be responsible and accountable too!) |
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PROs and CONs (why to stop re-electing irresponsible incumbent politicians) |
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Environmental Issues (population, arable land, global warming) |
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Badly-Needed, Common-Sense Reforms |
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Congress is ignoring 567 amendment applications by all 50 states to call and Article V Convention |
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The Cheater's Philosophy (learn to recognize the manipulation techniques) |
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Frequently Asked Questions |
| Solutions . . . | |