The Death Of The Career Politician

Republican Senator Ted Cruz was a hit on the Jay Leno Show the other night with a few common sense observations that anyone with half a brain realizes.

Watch them here Ted Cruz

I am going to tackle an issue that I believe is way over due: term limits. We learned our lesson after FDR and added Presidential term limits. I think it’s about time we learn our lesson about Congress and term limit them!

Some pundits and talking heads will make the case for no term limits because “what if our side has a great politician in there?” Sorry, this always ends badly. The longer you stay in Washington and the longer you are away from “real life”, the more you stray from common sense.

This simply means that you have to run more decent human beings.

This will also benefit the country because more “good” people will want to run if they know the MOST they could even be in office is two terms, say.

On the flip side, it will discourage some “misguided” people who want to “get in” just to self-serve and save themselves and their family from all the destruction being driven by the political class. Just in case anyone didn’t know, the elites in Washington (President, Cabinet, Congress, Aides, etc.) don’t have to abide or follow many of the laws passed by THEMSELVES! Like the dreaded Obamacare just to name the most recent and pressing issue.

Who says that politicians are some special class of people? They do! Why are they exempt from laws they passed?

If the laws and regulations they pass are so amazing and will benefit the rest of us so much then why wouldn’t the Congress and the President want to abide by them? Hmmmmmmm……

Americans are sick and tired of the games being played in Washington. You are going to see many changes the rest of this decade. They will come in many shapes and sizes. One that must occur if we are to right the ship is congressional term limits.

NO MORE CAREER POLITICIANS!

Our Founders believed that service was just that, service. Not a place to grow comfortable and secure sweetheart deals and run the country in to the ground.

It is about time the people take back the country from the political elite before it is too late. There is a shrinking window of time where that is still possible.

Ted Cruz, Rand Paul and the like will lead this revolution that will galvanize many Democrats and Republicans, young and old, black and white. The simple reason being FREEDOM is something that both sides of the aisle can agree on. Enough said.

Education Is The Destroyer Of Slavery

This decade is going to prove to be very volatile. The world is teetering on the edge of a cliff. There are things you can do and there is hope!

You MUST get educated! That is the most important thing you can do. No one can tell you exactly what do. Each situation is different and you must educate yourself and devise your own plan.

The world’s demise could be your biggest opportunity!

Why Gold and Silver Are SO Important

This site is run by one of my favorite mentors, Mike Maloney. He is phenomenal at education and informing people about the upcoming storms.

You can find pretty much anything you need to know on his site. Plus he regularly talks about other people he looks up to and learns from!

Enjoy!

And The Next Crisis Is…

Its hard to say what the next financial crisis will be in this country. Will it be housing again? Commercial real estate? Or will it be Social Security or Medicare going bankrupt? Maybe the U.S. dollar collapsing or most likely the Japanese yen going bust?

I think there is a good argument to be made that it will be the pyramid scheme we’ll refer to as student loans.

The Next Crisis?

Our politicians wont let this happen because, you know, “it wouldnt be fair if someone couldnt go to school only because they couldnt afford it.” I mean we just heard the President say this again in another campaign speech earlier this week: “its not that we need equal results, everyone should have equal opportunity.”

I hate to break it to people but thats not life. You make your own breaks. If you are older than the age of about 10 you should have realized this. You level your own playing field or you dont. Its that simple. I would have loved to have Wayne Gretzky or Bobby Orr coach me my whole hockey career but its not that simple. You cant make life FAIR no matter how hard you try or how many government programs you scheme up.

They are going to try and make college free someday, MARK MY WORDS!

The President may mention it before he leaves office. I would put money on it actually.

Americans have to realize that they cannot have their cake and eat it, too.

You cannot be the most prosperous and free country on Earth and think you can still pay for everyone to sit home and produce nothing.

The printing of money will only get you so far, just ask the Romans! Our joy ride WILL come to an end if we keep traveling down this delusional “shared wealth” vision.

If it worked then America would have been modeled after every other country that existed prior, but it wasn’t. There is an excellent reason for that.

Be Prepared

Preparation is something of a dirty word in certain areas of life, and other areas it is highly applauded – culturally speaking.

If you are buying home insurance or life insurance people will not bat an eye at you. Heck, buying car insurance is mandatory and you are in big trouble if you are found not to have any.

Then you hear people talk about money insurance or food insurance…wait, no you don’t.

Why don’t you?

The people who do talk about these things are often labeled crazy or “preppers”.

First, lets take a look at those terms and what they mean.

Food Insurance: is either storing canned food/dried food and water.

Money Insurance: is converting your fiat currency in to things of value like commodities – gold, silver, rice, grain, sugar, oil, etc..

If insurance is something that our society seeks – Medicare, Medicaid, Welfare, car insurance, home insurance, etc. then why are people who prepare to keep their money and stay alive shunned and labeled “crazy”?

To me, I believe it is something that the media and modern culture have rammed down our throats. They label people as “preppers” and extreme for actions that in the end will either directly save your life or protect and expand your wealth.

I believe we can find our answer in history as well. Government does what it can to seek power. They ALWAYS have and ALWAYS will. The people who generally seek those positions are people who want power and the government is a great way to take advantage of that. Fortunately, now, there are a lot of people who have sought office and will continue to seek office because of a calling to serve the people of this country and return it to the accountable and responsible government laid out in our founding documents.

Roosevelt did it, he sought power and won. Not by winning elections but by confiscating gold from the citizens. He brought the power to the federal government from the states possibly more than any other President in American history. He stole wealth and made people like it. The government increased its money creating capacity exponentially under Roosevelt, not to mention the social programs he constructed which we are feeling the effects of today like Social Security.

This is what government does effectively – steal your wealth and keep you dependent. I truly believe they ridicule gold and silver investors and food savers because they want you totally dependent on them. If everyone is prepared for disasters than who needs government? Government does not want that, that means less money coming in and fewer votes – less power.

That is why they always want to tax you more. Speaking of that, inflation is a constant tax. The government is stealing your wealth and many people do not even realize it.

America’s problem is our apathy and our memory. Most Americans don’t remember all the recessions our country has had nor do they believe any of these bad things we see happening all around the world can happen here. I hate to break it everyone but they CAN and they WILL if we continue to implement the same failing strategies.

This is exactly why it is imperative that people wake up and become prepared. We are on our way to $20 trillion in debt. Baby Boomers are just starting to retire and the programs they depend on for retirement are already on their way to bankruptcy, not good! The dollar has lost 95% of its purchasing power since Nixon took us off the gold standard in 1971. The Federal Reserve is approving Quantitative Easing (printing money) every month for the foreseeable future. Our credit rating will come in to question again as to whether we can make good on our debts.

The list goes on and on. That list is not good. That list should tell you a few things; you need to get educated and you need to get prepared. Find out what government is doing with the money you give them. Then you need to take action. The dollar will collapse, most likely in this decade.

What will you do about your money? Do you really think that paper assets are the way to go right now?

What will you do if a natural disaster hits or an economic disaster?

These are important questions to ask yourself.

Having car insurance, home insurance, and Medicare aren’t going to matter when you know what hits the fan. Get prepared and educated and start your path toward independence.

Get the insurances that you will really need. You will sleep better now and then!

“Nanny State” – Coming To A Government Near You…Unless You Have The Answers!

It is astonishing to see liberal talking heads back Obama’s jobs bill, and more specifically the tax hikes on “rich people”. Has anyone looked up the definition of Socialism lately?

so·cial·ism

[soh-shuh-liz-uh-m] -noun

1. a theory or system of social organization that advocates the vesting of the ownership and control of the

means of production and distribution, of capital, land, etc., in the community as a whole.

2. procedure or practice in accordance with this theory.

3. (in Marxist theory) the stage following capitalism in the transition of a society to communism, characterized by

the imperfect implementation of collectivist principles.

WOW! This is right out of the playbook.

Controlling the production of capital: This is exactly what happened with the Solyndra scandal. Government is not a venture capitalist and when it becomes one, it always fails. Pushing through loans and trying to make a company work is not something governments can do because they have no vested interest. They use taxpayers’ money and have no accountability for the share holders. On the other hand, an investor wants his company to succeed so he/she doesn’t go bankrupt. So he/she will take the necessary steps to make the most product at the least cost. This is how Capitalism works, and why it has worked so well for over 230 years.

It is so beyond scary to see so many news anchors, commentators, union leaders, political leaders, and Presidents back this idea of taking from the rich and redistributing the wealth to the poor. It has been tried in countless countries and failed each time. No, I take that back. It has succeeded overwhelmingly at its intended purpose; overthrowing governments and giving the power to emerging dictators – see #3 on definition of socialism.

Also beware of people like Stephen Lerner who advocate unrest and overthrow of our systems.

You have heard Obama claim that all Americans need to pay their fair share of taxes. Well what exactly is the fair share? Does one man have the power to decide whats fair? A quick look at the data from 2008 – not much has changed in two years – and you will notice that the top 1% of taxpayers earn about 20% of all the adjusted gross income but pay nearly 40% of the taxes. While the bottom 50% of taxpayers earn about 12.75% and pay just under 3% of the total income taxes. While the bottom 47% or 48% DONT PAY ANY FEDERAL INCOME TAXES. Doesn’t that seem reversed? In the business world you want incentives to make more, not make less, so you can pay less taxes. This is where our country is distorted. There isn’t as much incentive to do well because so much of your money is taken and given to people who don’t work as hard and educate themselves. Many know they can just float through life, be a bad student, bad worker, etc., and have the government (high income earners) pay their way through life; in the form of welfare, unemployment, Social Security, Medicare, and Medicaid.

Most importantly, the means to become rich are so strapped by government rules and regulations, the American Dream is just that; a dream.

—–

I think that Churchill said it best.

“We contend that for a nation to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle.” – Sir Winston Churchill

On that note, once you have identified the problem you need to lay out a solution. This is again where you will hear many media personalities claim that Republicans have no plan – even though they have submitted multiple this year alone only to be shot down or tabled in the Senate, or threatened by the President to receive a veto. Most famous were the Cut, Cap, and Balance plan and the Paul Ryan budget plans; reforming many plagued government programs.

This is a rough list of the ideas I have to spur economic super-growth in the private sector. The area where real prosperity is created.

1.) Cut taxes for everyone. Institute a flat tax, if you were to have an income tax, of say 15%. You then broaden the tax base to include the 50% of the country paying no federal income tax. Everyone pays 15% federal income tax. This would drastically increase “revenue”, which the Democrats talk about all the time now, as a cover for tax hikes. That would probably get rid of all the “unfair” talk we have going on between the President and the country, don’t you think?

2.) Better yet, just get rid of the income tax. This is a Keynesian approach, to bring down the skilled worker and redistribute the wealth to the poor; originally implemented as the 16th amendment by super-progressive, Woodrow Wilson, as a tactic to pay for war.

3.) Get rid of capital gains, property, and estate. These are worthless taxes that take from the wealthy and have proven to grow government. Capital gains are the taxes put on earnings from things like stocks and are already taxed through income initially, so that’s a double tax. Property taxes are taxes you pay on your land. The government forgot that the Founding Fathers meant for the people to own their land, not the government. By taxing you on your land, the government is telling you that you don’t own it, you just are leasing it from them. Estate tax, or the death tax, is land/house taxed that is inherited or given to someone through a will when someone dies. Just another way for government to corral your money.

4.) In getting rid of the federal income tax we would implement a small national sales tax that would tax all items being sold, except vital goods like food/commodities. This would incorporate everyone in the entire country; every single person taking something from the pot, is also contributing to it. Every person getting paid under the table, illegal immigrant, or tax cheat; is now taxed when he/she buys items at the store. Fair share, right?

5.) Stop some tax loopholes for corporations that give companies, like GE, the ability to pay ZERO taxes and stash their money in overseas accounts.

6.) Stop printing money (audit the Federal Reserve) – This stops inflation and gets rid of the secret tax. The secret tax is hidden everywhere, all around you. Every good and commodity goes up in price but your wages don’t. You pay more for each product, effectively lowering the purchasing power of the green you have; forcing you to hand away more bills for the same product.

7.) Get rid of much of the regulations and red tape hamstringing small business. Which leads in to the biggie…

8.) Repeal Obamacare. The national healthcare law the Democrats shoved down our throats while in full control will destroy job growth. Not to mention when it takes effect in 2013 it will bring more tax hikes. The ills of Obamacare are long and many. This is something I will cover in the near future. This post is long enough and may be easily doubled if I begin to explain the negatives that will come along with it.

9.) Stop bailing companies out – This is counterintuitive. no one is too big to fail and sets a horrible example for companies and citizens. Bail outs are counter to free markets and free enterprise.

10.) Institute tort reform – Ridding the judicial system of many frivolous lawsuits. The component added would be a loser-pays system. If you file a frivolous lawsuit and lose then you pay the costs. See Texas for the success of this policy.

11.) Reform entitlement programs – Medicare, Medicaid, and Social Security need serious overhauls. They are colossal burdens on our taxpayers. The big three take up nearly 50% of our federal budget without enough taxpayers paying in to the system to keep it upright, which we are beginning to see the repercussions of now.

12.) Reform unemployment – You have to work for charities or a company and get job training. There should also be an allotted time period that you are eligible for payments.

13.) Reform welfare – You should be drug tested while receiving welfare checks. If you test positive you are immediately off and you have to pay for the test. If you test negative, then you are refunded your test money. You should also have an allotted time period before your checks stop; say 18 months.

14.) Re-work base-line budgeting. Every time there is 1% increase in spending, there should be a 1% increase in the budget. Right now we have a budget that increases automatically each year. For example, say the budget increases 9 percent each year. If you only spend an extra 5% that year the Congressional Budget Office (CBO) scores that as a 4% budget cut. With this system, real budget cuts will never be attainable. The budget will continue growing uncontrollably. To put it in relative terms: its like being dragged to a store by your friend when you have no money, buying something on sale, and telling yourself you just saved money.

Just a few things that can be done to immediately relieve the burden on the American economy. This should get the ball rolling – as there are still, many things we could do that are not mentioned above.