areyou4real
12-13-2007, 05:42 PM
I truly believe that what I am about to share with you is vitally important to the future of our nation. Please take a moment to read it over thoroughly. Thank you.
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Did you know that we as a nation have a national debt of over $9.1 trillion dollars? That's over $30,000 per person. What's more, the debt is only going to get larger as more and more baby-boomers start to retire and it could eventually cause the collapse of our great nation, if we don’t change course. http://www.msnbc.msn.com/id/22081728/from/ET/ & http://articles.moneycentral.msn.com/News/FedsBudgetTricksHideTrillionsInDebt.aspx
Did you know that the interest payments alone on the debt totaled over $429 billion in 2007? That's 18 cents out of every tax dollar collected in 2006! http://www.treasurydirect.gov/govt/reports/ir/ir_expense.htm
The Treasury (Federal Reserve) cannot print more money and exceed a fixed debt ceiling set by Congress. However, did you know that the House of Representatives raises the ceiling automatically whenever the Treasury asks without a single vote being cast? You heard right, the House set it up so they don’t even need to vote on raising the debt ceiling, it simply happens automatically. It’s complete madness! http://www.npr.org/templates/story/story.php?storyId=5282521
Did you know that if we returned to a federal budget level of just 7 years ago, the IRS could be completely eliminated? You heard me correct, there would be no need for an individual federal income tax, if we simply returned to 2000 federal budget levels. http://en.wikipedia.org/wiki/United_States_federal_budget
I don't know about you, but I am shocked and appalled that our federally elected officials have been so fiscally irresponsible with our tax dollars! They have put the very future of our nation in jeopardy with their recklessness. http://www.thetrumpet.com/index.php?q=4406.2650.0.0
So how did it get this bad? It's simple . . . we have a federal government that refuses to spend within its means.
You also may be thinking to yourself . . . why should I care? . . . it's only on paper. Unfortunately, that's just not true; there are real consequences for all Americans.
First, just think how $429 billion dollars a year could be spent on helping actual Americans rather than just paying for interest on $9.1 trillion dollars of debt?
Second, every time the Federal Reserve prints more dollars out of thin air to cover the ever-increasing spending, the dollars held/made by you and I become worth less and less. This happens indirectly through inflation and is simple economics. When the Federal Reserve creates new money, it dilutes the value of the money currently in the system. This causes prices to increase and you and I are forced to pay more for everything we buy because of this foolishness. This is also precisely why the US dollar is hitting 30-year lows against the Canadian dollar and all-time lows against the Euro. http://biz.yahoo.com/ap/070920/dollar.html
Finally, a large portion of our debt (44% and climbing) is held by foreign countries like Saudi Arabia and China. Borrowing hundreds of billions of dollars from these countries puts not only our future economy, but also our national security, at risk.
Why am I telling you this? I'm telling you this because I don't think very many people out there really know about this and how bad it has actually gotten. I am also telling you this because we finally have a chance for real change. We can elect a President in 2008 that will truly do something about this and his name is Dr. Ron Paul.
Check out these great videos about Dr. Paul to see what I mean: http://www.youtube.com/watch?v=wIivoqLbeeg & http://www.youtube.com/watch?v=FG_HuFtP8w8
As President, Dr. Paul will balance the budget, eliminate the Federal Reserve, and eliminate the IRS, so that we can keep more of our hard-earned money to save or spend as we wish. As commander-in-chief, Dr. Paul will also bring the troops home from Iraq.
As a 10-term Congressman, Dr. Paul also has the voting record to prove it:
He has never voted to raise taxes.
He has never voted for an unbalanced budget.
He has never voted for a federal restriction on gun ownership.
He has never voted to raise congressional pay.
He has never taken a government-paid junket.
He has never voted to increase the power of the executive branch.
He voted against the Patriot Act.
He voted against regulating the Internet.
He voted against the Iraq war.
He does not participate in the lucrative congressional pension program.
He returns a portion of his annual congressional office budget to the U.S. treasury every year.
What’s more, since Dr. Paul’s allegiance lies with the US Constitution, he cannot be bought. Unlike most other politicians in Washington, Dr. Paul has integrity and his record proves it.
I would highly encourage you to check out Dr. Paul for yourself . . . you may just like what you find. I know I sure did. http://www.ronpaul2008.com/ & http://www.ronpaul2008.com/articles/
Thanks for your time.
----------------
Did you know that we as a nation have a national debt of over $9.1 trillion dollars? That's over $30,000 per person. What's more, the debt is only going to get larger as more and more baby-boomers start to retire and it could eventually cause the collapse of our great nation, if we don’t change course. http://www.msnbc.msn.com/id/22081728/from/ET/ & http://articles.moneycentral.msn.com/News/FedsBudgetTricksHideTrillionsInDebt.aspx
Did you know that the interest payments alone on the debt totaled over $429 billion in 2007? That's 18 cents out of every tax dollar collected in 2006! http://www.treasurydirect.gov/govt/reports/ir/ir_expense.htm
The Treasury (Federal Reserve) cannot print more money and exceed a fixed debt ceiling set by Congress. However, did you know that the House of Representatives raises the ceiling automatically whenever the Treasury asks without a single vote being cast? You heard right, the House set it up so they don’t even need to vote on raising the debt ceiling, it simply happens automatically. It’s complete madness! http://www.npr.org/templates/story/story.php?storyId=5282521
Did you know that if we returned to a federal budget level of just 7 years ago, the IRS could be completely eliminated? You heard me correct, there would be no need for an individual federal income tax, if we simply returned to 2000 federal budget levels. http://en.wikipedia.org/wiki/United_States_federal_budget
I don't know about you, but I am shocked and appalled that our federally elected officials have been so fiscally irresponsible with our tax dollars! They have put the very future of our nation in jeopardy with their recklessness. http://www.thetrumpet.com/index.php?q=4406.2650.0.0
So how did it get this bad? It's simple . . . we have a federal government that refuses to spend within its means.
You also may be thinking to yourself . . . why should I care? . . . it's only on paper. Unfortunately, that's just not true; there are real consequences for all Americans.
First, just think how $429 billion dollars a year could be spent on helping actual Americans rather than just paying for interest on $9.1 trillion dollars of debt?
Second, every time the Federal Reserve prints more dollars out of thin air to cover the ever-increasing spending, the dollars held/made by you and I become worth less and less. This happens indirectly through inflation and is simple economics. When the Federal Reserve creates new money, it dilutes the value of the money currently in the system. This causes prices to increase and you and I are forced to pay more for everything we buy because of this foolishness. This is also precisely why the US dollar is hitting 30-year lows against the Canadian dollar and all-time lows against the Euro. http://biz.yahoo.com/ap/070920/dollar.html
Finally, a large portion of our debt (44% and climbing) is held by foreign countries like Saudi Arabia and China. Borrowing hundreds of billions of dollars from these countries puts not only our future economy, but also our national security, at risk.
Why am I telling you this? I'm telling you this because I don't think very many people out there really know about this and how bad it has actually gotten. I am also telling you this because we finally have a chance for real change. We can elect a President in 2008 that will truly do something about this and his name is Dr. Ron Paul.
Check out these great videos about Dr. Paul to see what I mean: http://www.youtube.com/watch?v=wIivoqLbeeg & http://www.youtube.com/watch?v=FG_HuFtP8w8
As President, Dr. Paul will balance the budget, eliminate the Federal Reserve, and eliminate the IRS, so that we can keep more of our hard-earned money to save or spend as we wish. As commander-in-chief, Dr. Paul will also bring the troops home from Iraq.
As a 10-term Congressman, Dr. Paul also has the voting record to prove it:
He has never voted to raise taxes.
He has never voted for an unbalanced budget.
He has never voted for a federal restriction on gun ownership.
He has never voted to raise congressional pay.
He has never taken a government-paid junket.
He has never voted to increase the power of the executive branch.
He voted against the Patriot Act.
He voted against regulating the Internet.
He voted against the Iraq war.
He does not participate in the lucrative congressional pension program.
He returns a portion of his annual congressional office budget to the U.S. treasury every year.
What’s more, since Dr. Paul’s allegiance lies with the US Constitution, he cannot be bought. Unlike most other politicians in Washington, Dr. Paul has integrity and his record proves it.
I would highly encourage you to check out Dr. Paul for yourself . . . you may just like what you find. I know I sure did. http://www.ronpaul2008.com/ & http://www.ronpaul2008.com/articles/
Thanks for your time.