The Unnoticed Ocean

It’s hard being a lone voice in the wilderness. The national debt is so huge, and so much a part of our life, that it goes unnoticed, while it sucks billions out of our economy daily. So I battle on… making its repayment help the payer. Nothing i propose will cost you, and much will benefit you and many others. Using natural gas to fuel your car for less than a buck brings sorely needed competition to the energy sector, and jobs for millions. Letting the immigrant earn more will help him, and us. Allowing those with high interest debt to save while paying our debt along with theirs, will help millions. Using some of those funds to shore up Social Security and Medicare will enable us to privatize them in time, while keeping our promise to those who have paid in. Decriminalizing the use of drugs, with vendor license will end the War on Drugs. Between both initiatives, we can stop the Wall, and reduce ICE DEA and the Border Patrol. These savings will help to balance the budget, hastening the day that we pay it off, and end income tax.  

Town Halls with Dan Wood, my Democratic opponent

Had a good chat with Dan Wood, my Democratic opponent, this evening, at one of his fundraisers. He agreed with me that it would be good to hold a series of town hall meetings together.We will meet first on the 11th at the Dallas – Fort Worth Urban League hosted forum, and in Palestine on the 16th.. Thanks, Dan Wood, and looking forward to a good conversation about the issues.

A Nation Divided, and Redemption

     Our nation is deeply divided. Underlying much of the division is fear, for many see their ability to control their future slipping away, the middle class, the American Dream fading as our wealth is transferred to the wealthy. We are told that our plight is due to our jobs being shipped beyond our shores. In reality, our money flows up, once, lining the pockets of the wealthy, as they ship our commodities offshore, charging us more for them, while paying less tax on them. This results in more common debt, which is a liability to us, but an asset to them. There is a simple solution. Allow us to use our abundant resources to provide us all with savings, and attack the debt that underlies much of our fear at the same time. Competition for our business will result in savings for all. It rests on 80 cent fuel for our cars and trucks. Demand for it will create millions of jobs here, funded by loans who’s repayment reduces our debt. Competition for it here will reduce its exported value. I speak of natural gas, available to millions, and convertible to fuel. It is costly to export, but cheap to compress, and its price can include a quarter to pay to the national debt. Let Americans have those savings. Let Americans choose their fuel, and how much they will pay for it. Let Americans once again control their destiny. Everybody wins. There are no losers. All will again enjoy prosperity. The things that divide us fade as the rising tide floats all boats.

Harness the hate for prosperity

I read an interesting article recently.. A Muslim woman reaches out to white supremacists, and finds them to be troubled kids raised hard, and grown into lost souls desperate to belong. They are brought together by the desire to belong, by troubled histories held in common, camaraderie, all skillfully focused into unity of hate for another group, by their leaders. Just like the youth gangs… Wish that hate could be channeled to a real cause of their angst… like the national debt. Thinking about their common struggle, low wages, lack of opportunity, broken homes, prosperity would do more to improve their condition then any degree of segregation, and that prosperity would grow out of reduction in debt. Think about the drag on the economy represented by 21 trillion in public debt. All the money locked up in bonds could be available for other investment. Paying it down for the savings would make more available for others to reduce their own debt, providing a wellspring of prosperity as they are able to buy things they want, creating more jobs. Use our natural gas as an economical fuel for our cars, more money flows into the economy, and more jobs servicing that demand. If there were some way to harness that hate, channel it to something that would benefit all, we could unite this country on the path to prosperity.

WRITE IN Phil Gray for Congress

Pay the debt           Fix immigration           Create jobs           Hold down taxes           Save Social Security           Save money

My name is Phil Gray. I am a write-in candidate for the 5th Congressional District. My reason for running is to pay the national debt, so our grandkids don’t have to. In the process, we will create millions of jobs, many in your community, and save you money. You are the job creator, when you have extra money, after meeting your household expenses. You spend it in the community. That creates jobs. We will pay the debt by loaning to those with high interest debt, saving them money, while they pay us back instead of the bank. We, the taxpayer, get the profit, to reduce the debt. Every dollar repaid, reduces future bond sales, yet every dollar becomes available to loan. We will pay the debt while using our abundant natural gas as a transportation fuel, for 80 cents per gallon. A quarter pays the debt. A nickel goes to roads and bridges. We will allow the undocumented to pay the debt, 10% of wages, for the right to come out to live and work freely. All moneys become available to loan, after reducing the debt. Loan it to cities, counties and states, to fund shortfalls, without tax increase. Loan it to states, to help them pay prisoners to teach prisoners. Each success adds to their release fund, so they have something to work for, and to live on in the free world.

     Many say that we can pay the debt with reduced spending. We certainly need to cut spending, but the annual deficit will eclipse total discretionary spending next year. We borrow more than we can cut. There is one way to reduce spending that will help pay the debt. We must create new jobs. My proposal will add gas field jobs to those seeking oil. We will also need compressors and conversion kits for upwards of 65 million homes. Lots of jobs. We will loan homeowners the funds needed to convert their cars so they can choose 80 cent fuel, while still being able to run on gasoline. What happens to the price of gasoline, partly made with imported oil, when you can get fuel for 80 cents per gallon? It goes down, dragging down the price of diesel, shipping of all goods, food and airfare. More savings for you. Everybody wins. There are no losers. We get prosperity. We get jobs now. Our kids get no debt. We can even cover the shortfalls in Social Security and Medicare. Perhaps, down the road, the profits could reduce or eliminate income tax. Please look me up at philgrayfortexas.com, and, in November, write-in Phil Gray for Congress.

Student loans, rising tuition, and debt

Student loans comprise over a trillion in debt. Some of these are priced as high as 28%. Tuition has risen sharply with Congressional guarantees. FASFA making available ever increasing loan amounts per semester. Students see these huge credit lines as an opportunity for free money. Many enroll for the check, and drop out when the check arrives at the same time that the first tests deliver the message that college is challenging. In the process, they lose eligibility for Pell grants, and have difficulty in returning to school when life shows them the need. Many have called for a comprehensive solution. I propose that colleges who accept federal funding be required to post average first year salaries per specific degree. The student who seeks a degree needs to have the knowledge available to weigh the risks and rewards of their work. The schools benefit by showing the excellence of their programs. Second, allow the student to borrow only what they need, with the understanding that they must begin repayment in four years, unless accepted in a graduate program. Third, make moneys available as we pay off the national debt, to fund these loans at 5% interest. Fourth, allow those with outstanding loans to replace their banks with a debt loan. They pay our debt as they pay their own. Any money paid to the national debt, from whatever source, reduces the need for future bond sales, reducing the debt, while the funds become available to loan to others. Students make informed choices. Former students save money, and get out of debt quicker. Colleges match tuition to anticipated earnings, generally reducing tuition on a free market basis. We all win, for the national debt is reduced, and, when paid, we can reduce income tax. #studentloans #nationaldebt #tuition

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. A city can avoid a tax increase to cover pension shortfalls or infrastructure expense. They can cover a current shortage by tapping a revolving account at 3%, while they revamp their pension structure. The debt service could well save them money, and once reforms take hold, they can pay it off. 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.

Another Death

Today we mourn another death, another unarmed man shot by a police officer. These tragedies must stop. Police have stressful jobs. They must make life and death decisions in milliseconds. Too 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.
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