FireofLiberty
02-28-2008, 11:58 PM
BJ's newest blog entry, check it out:
http://blog.lawsonforcongress.com/2008/02/29/time-to-call-the-cops/
Time to Call the Cops
By: BJ Lawson
Back when I was in residency, I spent a lot of time assessing patients to determine if they were getting better, holding their own, or getting worse. When patients were not improving, the next question was if it was time to intervene — colloquially, we’d ask, “Is it time to call the cops?”
I’m running for Congress because I believe it’s time to call the cops. Today’s action in the markets puts an exclamation point on my conversation with voters this week — gold at $975/oz, oil at $102/barrel, one U.S. dollar buys 0.97 Canadian, and one euro is worth $1.52. All that in an environment of stagnant GDP growth, domestic job losses, declining consumer confidence, and bank balance sheets that have been obliterated with toxic mortgage debt.
As the Federal Reserve continues flooding the market with liquidity to keep the banking system solvent, the dollar plunges to new lows and commodity inflation continues unabated. Why do voters care? Well, let’s start with the retirement home I visited on Tuesday. I was talking to retirees, some with tears in their eyes, as they described their struggles with inflation. The combination of high grocery and medicine bills with low interest rates is toxic for them, and they’re wondering if their retirement savings will hold out as long as they will. Person after person described the sinking feeling of spending their retirement principle, since the interest is no longer enough to pay for rent, food, and medicine.
Why does our government steal from our retirees? Why does the “greatest generation” see their purchasing power erode before their very eyes? It’s not just retirees, though. Everyone is getting closer to the financial edge in this environment.
Where do we go from here? We need to get off the treadmill of our declining fiat currency. To start, our government needs to stop needing so much money. We need a balanced federal budget. We need to end the federal income tax, and to eliminate the IRS and its 67,000 pages of job-killing regulations that place tremendous friction in our economy. We need a foreign policy that we can afford. The government can’t spend its way out of our current crisis. Since our government has already increased the money supply so much faster than the value of goods and services, we the people need to create real wealth again. Finally, we need to again experience the stability of Constitutional money.
Of course, there are those who think we have nothing to worry about. My primary opponent, for example:
http://www.youtube.com/watch?v=GcBLUatNADk
I ask for your support in the Republican primary on May 6th. The patient, our nation, is in trouble. It’s time to call the cops, and there is a clear difference in this election regarding which candidate can beat our 11-term incumbent David Price:
http://www.youtube.com/watch?v=-AJtRzROGvE
Please declare your support today. Make a donation (https://www.lawsonforcongress.com/donate/), request a yard sign, tell your friends, and help us restore a Constitutional federal government.
Emphasis added to the last bit by me, including the part about *donating to the campaign* (hint, hint). ;) :D
http://blog.lawsonforcongress.com/2008/02/29/time-to-call-the-cops/
Time to Call the Cops
By: BJ Lawson
Back when I was in residency, I spent a lot of time assessing patients to determine if they were getting better, holding their own, or getting worse. When patients were not improving, the next question was if it was time to intervene — colloquially, we’d ask, “Is it time to call the cops?”
I’m running for Congress because I believe it’s time to call the cops. Today’s action in the markets puts an exclamation point on my conversation with voters this week — gold at $975/oz, oil at $102/barrel, one U.S. dollar buys 0.97 Canadian, and one euro is worth $1.52. All that in an environment of stagnant GDP growth, domestic job losses, declining consumer confidence, and bank balance sheets that have been obliterated with toxic mortgage debt.
As the Federal Reserve continues flooding the market with liquidity to keep the banking system solvent, the dollar plunges to new lows and commodity inflation continues unabated. Why do voters care? Well, let’s start with the retirement home I visited on Tuesday. I was talking to retirees, some with tears in their eyes, as they described their struggles with inflation. The combination of high grocery and medicine bills with low interest rates is toxic for them, and they’re wondering if their retirement savings will hold out as long as they will. Person after person described the sinking feeling of spending their retirement principle, since the interest is no longer enough to pay for rent, food, and medicine.
Why does our government steal from our retirees? Why does the “greatest generation” see their purchasing power erode before their very eyes? It’s not just retirees, though. Everyone is getting closer to the financial edge in this environment.
Where do we go from here? We need to get off the treadmill of our declining fiat currency. To start, our government needs to stop needing so much money. We need a balanced federal budget. We need to end the federal income tax, and to eliminate the IRS and its 67,000 pages of job-killing regulations that place tremendous friction in our economy. We need a foreign policy that we can afford. The government can’t spend its way out of our current crisis. Since our government has already increased the money supply so much faster than the value of goods and services, we the people need to create real wealth again. Finally, we need to again experience the stability of Constitutional money.
Of course, there are those who think we have nothing to worry about. My primary opponent, for example:
http://www.youtube.com/watch?v=GcBLUatNADk
I ask for your support in the Republican primary on May 6th. The patient, our nation, is in trouble. It’s time to call the cops, and there is a clear difference in this election regarding which candidate can beat our 11-term incumbent David Price:
http://www.youtube.com/watch?v=-AJtRzROGvE
Please declare your support today. Make a donation (https://www.lawsonforcongress.com/donate/), request a yard sign, tell your friends, and help us restore a Constitutional federal government.
Emphasis added to the last bit by me, including the part about *donating to the campaign* (hint, hint). ;) :D