Ron Paul's Straight Texas Straight Talk
Legislative Forecast for 2008 a Letter from Ron Paul
First and foremost, we will see ramped up spending for the warfare/welfare state. There is no resolution or end in sight on the Iraq occupation. While the American people try repeatedly to communicate to Washington that enough is enough, there still remains little political will in Washington to bring the troops home. The war will continue to require mountains of taxpayer and newly printed dollars, and our economy will sink under the burden. If we are manipulated into a second war, the effects on our economy will be truly devastating. Welfare and entitlement programs will also be ramped up as the economy flounders and budgets in American households are strained.
This leads me to my next forecast of more federal bailouts for the housing sector. Efforts by the Federal Reserve to stave off recession will have the net effect of only blowing the bubble bigger, making the crash that much more painful when it inevitably comes. The malinvestments caused by easy credit in the housing industry will be prolonged by more easy credit. New programs and laws will be enacted to prop up housing, all with a falling dollar, devalued by continued foreign interventions. The crisis in the housing market will spread and I'm afraid we are in for some rough economic times.
Moreover, the government will require more money than ever this year, and as funding options run out, taxes will go up. Expect stealth tax increases on consumer goods, perhaps airline tickets or cigarettes, and increased government fees here and there. Ironically total revenues will probably fall due to a weakened economy. The new programs started to "help" the country will require extra money wherever the government can squeeze it out of you, unfortunately it will be at exactly the moment you can least afford it. Since the Democrats enacted "pay-as-you-go" rules for new legislation, cutting taxes to give relief during recession will be bureaucratically next to impossible. In spite of that, I will continue the uphill battle for tax relief.
Last, I expect, in spite of rhetoric to the contrary, we will see more federal control of education as Congress prepares to reauthorize No Child Left Behind.
If this is indeed the agenda of Congress, let us hope that there is not nearly enough time to accomplish it all this year.
Published by Deez
Father, Husband, Brother, Corrections Officer. View profile
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- First and foremost, we will see ramped up spending for the warfare/welfare state.
- This leads me to my next forecast of more federal bailouts for the housing sector.
- Moreover, the government will require more money than ever this year...
9 Comments
Post a CommentDear God.
Hey Larry, It sounded like Old Slick Willy was pissed off that the American people were buying into Obama's campaign, putting to ruin all the Clinton's best laid plans. It's like they spent years on the beach making a huge sand castle and some black guy comes along and stomps in their work of sand art. LOL. HOW DARE HE! WE ARE THE CLINTON'S! THIS IS OUR SAND CASTLE, BEEEEAAAATCH! SO, STEP THE F@#K OFF! ROFLOL. Shake 'em Up Obama! I love it.
last part cut off:
Here is the video:
http://www.youtube.com/watch?v=L3e5dwunBaI
Deez,
Ron Paul, who have stated on your other post I supported whenhe ran as a libertarian suffers from the phenomium started by Nixon and Kennedy: Mass visual media. His message is sound, but the messenger's ability to speakthat message is important. SO are things like height, weight facial hair etc. Is it fair? No. Neither is people living in areas of the world that lack safe drinking water, but it is reality.
Think of Edwards. He carries the common mans message of populism, but can't sell it. I think Ron Paul, and more importantly his supporters are GREAT for this and all politial races. I just hope the issues they stand for will stay front and center when this first stage of the presidential election process is over. I hope Ron and his supporters will hold both nominees and ultimately the next president's feet to the fire about those issues.
Secondary note: Your article also reminded me that there is a way to bring attention to my own video projects without the n
If people in Africa know about this guy, more people here should. I wish I could shout his name to everyone in America.
Deez not being an American I hadn't really heard about Ron Paul until a friend of mine introduced me to what he stands for. What is amazing is that he seems to have captured the imagination of so many non US citizens. Interesting.
My prediction? This will be among the most exciting presidential elections run in some time. Due to the "war", economy, big brother's extending reach, the first African American and woman with credible shots at the office, on and on, this is going to be quite a show.
BTW for everyone's information here are the Michigan results: #1 Mitt Romney 337,84739 23%, #2 John McCain257,52130 6%, #3 Mike Huckabee 139,69916 1%, #4 Ron Paul 54,4346 0%, #5 Fred Thompson 32,1354 0%, #5 Rudy Giuliani24,7063 0%.
Deez,
Good article, and GREAT Picture!