700 billion dollars that would have actually helped.

As you may know, the United States Senate, last week, passed a Economic Rescue Package that went to loan lenders. Loan lenders such as banks, mortgage companies and even insurance companies. This is intended to increase liquidity in the economy and increase lending and spending. Once the lending and spending increase, inherently the economy goes positive. This was also the intention of the stimulus program earlier this year. Give people a rebate from their taxes and have them spend money and the economy will turn around. I have a better idea. Give the 700 billion dollars to the people. The low people, the majority of the people. 700 billion dollars in 1 year would pay 20 million people $35,000.00. I don't know if you can do the math on this, but 20 million people is 6.6% of the American public. The unemployment rate is about 7%. Hmmmmm, if we really want to increase the economy, we want to increase spending. If we increase lending then we are increasing debt. We are in an economic downturn because people have been taking loans that they can't pay for. So we think $700 billion is the answer, so how should we spread this money out. I've got it, give it to the bankers so the people can take out more loans they can't pay for. Yes, I'm a genius. We saw this same type of thing happen in the 30's. The government can take their money and make government jobs. I've heard that the country has some major infrastructure problems. How about creating jobs to fix the infrastructure. This will create a lot of money flow into the market, sell a lot of houses, and if you use American Made Material (AMM) then you will create thousands of more jobs and this then makes over 20 million more tax payers and billions more in tax revenue. Build highways and bridges with AMM, build more power plants with AMM, reinforce the American power grid with AMM, and we could even employ government workers to build refineries and sell them to the oil companies using AMM. The government could even hire researchers, 100's of thousands of researchers and engineers for developing new green energy. I know what you are thinking, this guy is crazy, this would never work, but it did once upon a time when the economy did the exact thing it is doing now. Lack of liquidity, running on banks, and government influence on the market. I guess I am just to simple of a thinker.

So what.

I know what some people might think about my previous blog entries. Some people would say, "if you don't like the way our government runs the country, then you should leave." I have to say, I love this country. I hate our government running our everyday lives. I believe what Benjamin Franklin said, "We created a Republic, if you can keep it." A republic means that is is a government "run by all," not a democracy "run by the majority." A good example of the difference was in a video I watched which said if 35 men in a lynch mob chased down a lone gunman and when they caught him they voted 35 to 1 that to hang him. The lone gunman is hung and the democracy is successful, ruled by a majority. In a republic the same thing happens but the Sherrif shows up as they are about hang the lone gunman and says, "The law requires that he must be taken back to town because he has the right to a trial." He then goes to trial and can not be sentenced to death even by a majority, but by a concensus of the jury, it must be unanimous. "Ruled by all," if that was not the intention, our law system would not be set up in this manner. When the "elected officials" in Washington, take the economy into their own hands, that takes the power away from the people. This makes an Oligarchy, government ran by a few. This is the same type of government as dictators have. Sure they have ultimate power, but they also have their advisors, and their secretaries of things, so they have a few people that make all the decisions. You can beg and plead to them to do what is best for the people, but if they don't think it is in their best interest, then they don't do it. Over 60 percent of American's were against the bailout package that was passed by the Congress. America begged and pleaded to their Senator's and Represenative's to not pass it, but because the special interests in their pockets want more government money, they decided that it wasn't in their best interest. What is the difference between them and the Castro's? The only way to keep them from taking control of the country from the people is to limit their power. The law is supposed to limit their power, but the inherent problem is they right the laws, that limit their own power. They also vote on the fact if they should get pay raises. They also vote on their own retirement packages and health care coverage. If we were really in control they wouldn't be in control of their own fate, we would be in control of theirs. Should they be able to set their term limits, or should that be up to the people? Should they be able to give themselves raises every year, or should they leave that up to us? Should they give themselves free healthcare coverage if we can't get it for ourselves? It sounds like the republic is falling apart. I hope to God that the American people realize what they are doing. If we don't stop doing this we will be run by just the people we don't want to be.

If you think I make sense then you would probably like Bob Barr for the same reasons I do. He is the onlly candidate who is actually telling you what he thinks.

http://www.BobBarr2008.com/issues

Now back to the market.

Once again, the government is going after this economic disaster we are facing. Today the Federal Reserve, the people in charge of making, baking, and selling our money, dropped the key interest rate by .5%. That means today it is 25% easier to borrow money from the United States monetary system than it was yesterday, interest fell from 2% to 1.5%. I may sound like a raving lunatic, but with interest rates as low as that, then people will be borrowing money and that means the government will be printing more money, which means each dollar will be worth less, which means people will need to borrow more money to do the things they thought they would have had enough for, and the cycle continues. This doesn't sound like a good resolution to our problem. I bet I could think of a way to get us out of the conundrum. Let the economy go into a depression. Let the unemployment numbers go up to 25%. Let us all remember what it was like before iPods, or laptops, or even Nintendo. Let the economy go down so that way we can reinstate what made the United States such a booming economy in the first place. Let American innovation rejuvenate the economy. Let all the big business fail. Let them all wither up and blow away. If they a good enough to weather the storm then they deserve the money they get. Let us all get back to the basics that makes the United States such a wonderful place to live. The fact that anyone can make something out of next to nothing instead of having to ask permission from the oligarchy. So my message is to get government out of the way, and let us run the market. We know how to do it better than you, besides we do pay your paycheck.

If you agree with the majority of what I have written then you should really check out this website. http://www.bobbarr2008.com/

Once again, dumb debate.

I am confused. I watched the debate and thought that I was going to here something with sustenance. I only heard them saying the same thing over and over again. I listened intently and was looking for something to give me hope that either of them would actually do a good job as president. I was sadly dissappointed. All I heard was, 'He voted 1 million times against you and I voted 5 million times to help you. My budget plan will cut your taxes by 100% and we will increase the amount that we will return to you and blah blah blah blah blah.' I love it when they tell you all of these things in the running for the election, and as soon as they are president, they do nothing. It's the "No New Taxes" BS all over again. Neither of them are going to cut my taxes, or anyone else who might read this. They are both going to increase taxes. They are both going to increase our naitonal deficit. Neither of them even ever said that they were going to at least strive for a balanced budget. Why would you not even try to lie about getting a balanced budget. I know it is possible. Bill Clinton had a balanced budget, and before he was out he had a surplus. As soon as G.W.B. came in, it was gone.

I have to say that I am like the majority of America, the economy is my #1 concern. However, my concern is completely different than the concern of the two major candidates. I have a more Libertarian policy as far as the economy goes. Government stays out of the markets. The people run the market the way they see fit. If greed gets in the way, the businesses make risky bets and fail, and the government allows it. The government doesn't step in and help the company to their feet and dust their shoulders off. People lose their jobs, but the competition gains and makes more jobs. Do you realize how much of a loss it would be, to our economy, if Walmart were to go bankrupt? They are one of the largest employers in the United States. If all of a sudden they were talking about filing a chapter 11 and closing all of their stores, under the current administration and congress, the government would jump in and give them a couple of billion dollars to keep their doors open. They already get thousands of my dollars every year out of my paycheck. I don't think they should be allowed to get thousands more for bad management and risky investments. But that is what is happening with the banks. And both of the nominees in this popularity contest support giving them everything they might want. They both also supported the extra $150 billion so that way we could get the congress to "help us." If it was such a sure fire way to help the economy, and end this economic disaster, you would think that you wouldn't have to add on $150 billion dollars in "goodies." I just want to put into perspective how much $850 billion is, $850,000,000,000, that is $850,000 million, or 85 times larger than the largest number you can put into your standard 10 digit calculator. We are about to have a $10 TRILLION deficit. And with bills like this, you would wonder why.

I am so dissapointed with the American people in their idiotic selections for the office of THE PRESIDENT OF THE UNITED STATES OF AMERICA. Do they not realize that it should be someone who they believe can be the LEADER OF THE FREE WORLD? Do they not realize that this isn't just a popularity contest? Do they not realize that if they just vote for someone who says, "I believe in change," or, "I put country first," and they never say what they are going to do, that means they have no plans? Do they not realize that if we continue to vote the way we have that we are going to end up being like France, Spain, Germany, and England, a "FORMER World Power?" I just don't understand I guess.

What I do understand, is if someone really does eant chang, or someone who is putting country frst then they should vote for Bob Barr.