So pumping trillions of dollars into special interest projects is how we save the economy.
Saving GM was about the democrat party buying votes. Look who owns GM now. This is I did you a favor now you owe me a favor type of politics.
Not to mention this is more than likely unconstitutional. Have you read the constitution lately? The federal government is allotted very little especially when you read the 10th Amendment.
I wonder if I get my credit card out and run it up to the limit if I will end up better off?
The free market has not failed. The government has failed in trying to manage it and our money supply ECT.
Lets look at one simple sector of our economy. The housing market. The housing market is where the down turn in our economy started. And it all was mostly in the Phoenix area.
Did you know the housing market is in a state of recovery in Phoenix. How would I know about this. I am trying to buy a house. While houses are at 30% - 50% lower in price now than 2 years ago, houses are being bid on and competition has returned. The government has had little to do with the recovery in the Phoenix housing market. It has been through private investment.
One thing that has been neglected is that markets adjust. It is natural. When the government gets involved the problems are exasperated and I believe will ultimately be made worse.
Hyper inflation is projected to be in our future.
When I make statements about government needing to be pruned to the tune of 85% all I have to do is look at the Arizona government that has grown 60% in the past 5 years. 60% in 5 years.
What is our state government doing today that we now know that we were deprived of before 2004 ?
It has been said that Bush spent more during his tenure than all the presidents before him combined. Obama is going to make what Bush spent look like pocket change.
This alone is an indicator that government need to be timed back substantially.
Sales tax in California is now 9.75%. Almost 10% of everything bought in California is tax at one tenth. That is outrageous. And they are still having budget problems.
Talking about budgets, when we cannot balance our budget government spending is out of control.
I believe that reducing taxes and the size and scope of government will spur economic growth.
Let the people vote with their dollars. Let them own and carry guns, as long as they have proven to be responsible, let them eat cheese burgers if the choose, let them chose their doctor and their insurance plan.
I agree our health care system is not as good as it could be. I worked for an HMO 12 years ago and saw it first hand.
We need freedom not restriction. We need to be free of the current model of health care. I feel the model is alternative health care backed by a indemnity health insurance plan. A plan that lets you go to the doctor and pay them directly. An insurance plan that makes you responsible for 20% of your charges.
Lets un-handcuff our medical professionals so they can do what they do best.
Lets un-handcuff our businesses. You are self employed. How do you feel every quarter when you send in your taxes? I feel cheated.
I think freedom is the answer. So did our Founding Fathers.
------------------------
Keith Smith
--- On Sun, 8/2/09, Craig White <
craigwhite@azapple.com> wrote:
> From: Craig White <craigwhite@azapple.com>
> Subject: Re: Geek/Tech/Entrepreneur Stuff to do in PHX
> To: "Main PLUG discussion list" <plug-discuss@lists.plug.phoenix.az.us>
> Date: Sunday, August 2, 2009, 3:05 PM
> On Sun, 2009-08-02 at 14:42 -0700,
> keith smith wrote:
> > Some think deregulation was a factor. Bailing
> out thosw who made bad
> > decisions is even worse.
> >
> > We should have let GM and Chrysler go bankrupt at the
> get go. We
> > should have held those accountable for risky loans
> accountable not
> > bailed them out.
> ----
> the bailout of Chrysler and GM was to save the health care
> benefits and
> pensions of the retired and workers. Why should a
> government exist
> except to benefit the people?
>
> the bailout of banks and investment houses was simply to
> prevent a huge
> depression. We surely haven't seen the bottom of this
> recession and who
> knows how many more jobs & homes will be lost when it
> is done. While it
> goes against everything we all think is proper, bailing out
> some of the
> companies that caused this nightmare may have been the only
> option to
> prevent a complete meltdown of the economy. It still may
> come to pass.
> ----
> >
> > Yeas we have a problem. And businesses are
> predatory by nature.
> > Nothing a few class action law suits can cure.
> >
> > We need the free market to find equilibrium and with
> government
> > intervention we have an artificial prop.
> ----
> the free market was a failed experiment - that is my point.
> No matter
> how many times you say free market, it doesn't change the
> fact that free
> market is a platitude but not a successful economic model.
> -----
> > Hope it does not happen however there are people what
> are saying our
> > economy is going to tank because of the government
> trying to intervene
> > and correct the market.
> >
> > I will agree, some government is good. I will
> also say we have a
> > government that is way too large. Maybe by as
> much as 85%.
> ----
> I wish I had your ability to pull numbers from thin air.
> ----
> > Wait til you social security disappears and we move
> into hyper
> > inflation.
> ----
> social security is solid if our government is solid. It is
> funded into
> 2040 and those who are calling it endangered do so for
> political
> reasons.
> ----
> > I wish I could by a lot of gold.
> >
> > We have set ourselves up for failure. China of
> all countries owns
> > some 2 trillion in our national debt. How does
> that help us? It has
> > much potential to hurt us.
> >
> > We are in bed with a country that kills people that
> stand up against
> > the government.
> ----
> The investments China has in our Treasury bills props up
> our economy and
> permits them to continue selling product in the US. If they
> decided to
> dump their holdings, our currency would be devalued to the
> point of
> massive economic malaise throughout the world. That is the
> reality. We
> have a symbiotic relationship with China, deal with it.
>
> I actually am going to China in a couple of weeks.
>
> I seem to recall our own national guard shooting at people
> in this
> country who stood up against the government. I fail to see
> the
> difference here.
>
> Without getting into the things that the Chinese government
> does, let us
> look at our own government that wiretaps our phones without
> even
> bothering to get a warrant, tortures people, murders
> prisoners, lies to
> the American public about 'weapons of mass destruction' to
> provide cover
> for invading a country for their oil and I am going to be
> bothered by
> what other countries do?
>
> Craig
>
>
> --
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