Blog

Insanity

I am a write in candidate for Congress in Texas CD 5. Insanity, right? I want to pay off the debt that we all share, in my lifetime. Getting worse? We will pay it off by saving people money. Those with high interest debt do a balance transfer to a term loan paying 8% to our debt. Undocumented workers invest in America, come out and live and work freely, for 10% of their income, and their 1040 becomes their renewable Green Card. Let 65 million homeowners compress their own fuel for 80 cents a gallon. Price of gasoline, crude and diesel comes down while new jobs balance the budget. They also reduce poverty based entitlements, creating a surplus. Savings for everybody on interest, food, fuel, shipping, airfare results. That $.80 includes a quarter to the national debt, and a nickel for roads and bridges. Add that to the savings from Medicaid, Food Stamps, EIC, AFDC, and welfare, and put those new surpluses to the debt, and loan it out, too. The bonds needed are reduced, as is the debt, and a fund measured in the trillions builds up, paying the shortfalls in Social Security and Medicare as we go, while still more is loaned. Make moneys available to cities, counties and states to shore up their overloaded pension systems and outdated infrastructure, and to victims of natural disaster, all at 3% interest, while saving on FEMA and local taxes. In the end, the debt is paid, and that money still flows, reducing the need for income tax. Help me get to Washington, and all these will happen, because they make sense, because the American people are sick of the mess we are in, and because I will be one of few Libertarians in Congress, and will offer a balance at the center, for both parties will need our support, and both parties will be hearing from the folks back home, saying do this now. #nationaldebt #savings #jobs #naturalgas

Cities Need Help

As we pay the national debt, the money becomes available to loan, for Congress funds the bonds and the investors willingly buy them for what Congress pays. Each dollar reduces future bond sales. We can turn that money into accounts receivable, an asset, by loaning it out. If a city can avoid a tax increase by borrowing from a revolving account at 3%, with an eye to weathering the storm of pension shortfalls, and covering the current outlay, while they revamp their pension structure, the debt service could well cost less than the current outlay, and the retool can offer savings, that will eventually pay it off, while each dollar paid back to the Fund reduces the debt yet more. Once the debt is fully balanced by its accounts receivable, it will be paid off, and the loaned payments will begin to eliminate income tax. Once the loan has been repaid, the city may find itself in a position to cut sales and property taxes.

The Koch Brothers and Economic Uncertainty

In defense of the Koch brothers, a variety of wealthy people write that they want an impartial Washington, one that spends wisely, regulates little, and advances no winners. They point out that we are in the slowest recovery in 50 years.

What they fail to note is that speculators among the wealthy, including unregulated big banks, hedge funds and corporate players, plus day traders have been responsible for repeatedly stalling the recovery. Each time they inflate the price of gasoline to $3.75 and diesel to near $5.00, the economy falters as our countrymen slow their spending, creating layoffs. Continue reading

The Ukraine crisis threatens to spiral out of control

The Ukraine crisis threatens to spiral out of control. Each peace effort fails, as Russia fears loss of control of her border lands will again result in invasion, or loss of access to one of her few seaports.

Past attacks were blunted by laying waste to her own motherland to stretch supply lines for her aggressors. Crude, but effective against Napolean and Hitler. After WWII, Stalin created a double buffer, first of the Warsaw Pact, then by the SSR’s, including Ukraine and Belarus, and the Baltic States. All are now lost. Lithuania, Latvia and Estonia have joined NATO, though challenged by the requisite military expenditure. Their loss leaves only St. Petersburg and Kaliningrad as access to the Baltic. Ukraine stands in the way of access to her Black Sea ports at Mariupol and the Crimean Peninsula. Continue reading

Another Death

These tragedies must stop. Police have stressful jobs. They must make life and death decisions in milliseconds. To often, though, they pick the wrong course, and someone dies, needlessly. All cops deal with the stress. Most make the right choices. Anyone can screw up, though they are good at their job, well trained and experienced. The price for the officer’s error is higher, but we all pay the price. Fear of the police engenders hatred for law enforcement and the rule of law that should protect us all. Continue reading