Thursday, February 01, 2007

What does End 1040 Now mean?

End1040Now

What does End 1040 Now mean? It’s an exhortation to get people in America thinking what it would be like to not have to bother filling out a ridiculously complicated federal tax form, just so you might have the privilege of getting some of your tax money back.

Or worse, having to pay an accountant to do your tax filing and also having to pay more taxes.

What it is not: It is not a site urging Americans not to pay their taxes.

What it is: It is an exploration of how electing a number of Libertarians to federal office will begin the process of downsizing government, ultimately ending with a federal government that can support its Constitutional functions solely with tariffs and possibly a small sales tax.

Why Bother? The US federal government is out of control. It has wasted our tax money on wars we don’t want or need. It gives our tax money away to foreign countries, with little to negative benefits. It has committed our children and grandchildren to paying for foolish spending that has weakened our nation. It has concealed the dire consequences of the $60 Trillion in debt it has saddled this country with – leading to a likely outcome of hyperinflation or paying our country’s obligations with worthless printing press dollars.

The only way to rein in our Congress and President is to replace as many of them as possible in the 2008 election with Libertarian candidates who are committed to reducing the size and complexity of our government, and who have none of the ties to lobbyists and special interests (Big Oil, the Military Industrial Complex, Pharma Giants, Industrial Agriculture, the Public Employee Unions, et al.) who pay for the election of docile Republican and Democratic representatives who are locked-in to do what is best for big money special interests. We need to end the grip of special interests on our country’s future. It’s hurting the many for the wealth of the few.

This country needs to be run like a business. America has valuable assets that are so mismanaged that they cost us money! Forestlands, for example, that aren’t allowed to produce wood products, for fear of lawsuits by a minority of vocal environmental extremists, so the public must pay for fire suppression costs in addition to paying for managers who lose money for us. That’s no way to run a country! And that’s just one example of federal incompetence and waste. Think FEMA and Katrina.

There are so many cozy little “relationships” that Congresspeople have with lobbyists for countries with detestable human rights records that drag us into this war with those we call “terrorists.” For most of Congress, it is a kneejerk reaction to automatically defend anything that Israel does from the criticism of the world. We owe Israel nothing. Why must the US be tied to a country that drops clusterbombs on urban civilian neighborhoods in Lebanon? We even provide them with the bombs and the money to buy them! Is it any wonder the other Middle Eastern countries hate us? We kill their children through our agent Israel. They could be next to suffer the wrath of Israel, financed by the US.

Why fund space exploration when we can’t effectively assist in rescue efforts in our own country? Is NASA a priority for most Americans? By ending the domination of Democrats and Republicans, we can get rid of all these programs that are costing us billions and billions of dollars.

With Libertarians in power, there is no need to argue about reckless, traditional Congressional spending. It all has to go!

I could go on, but I get bored with all this. It puts me in a bad mood. You, too?
Let’s just make a clean break with the mistakes of sixty or 100 years that have brought America to the temporary false prosperity we enjoy now. We have no more time for half-measures and debates on why this or that special interest group deserves our money.

America is on the precipice now. Two crises will occur in the next few years that will make martial law likely and change impossible: One is a nuclear bomb in a suitcase smuggled in to hold New York City for ransom; the other is a Debt Bomb that has been concealed by President Bush (and Clinton) and Congress while they continued on their spending spree. When it “explodes” the world will stop loaning us money to finance our folly. (That’s when the party ends for all of us, thanks to our inept and corrupt leaders who led us blindfolded to the precipice.)

Are you prepared for the bankruptcy of this nation? It will affect you.

Or are you willing to do something to prevent both of these crises? Both the Debt Bomb and the Terrorism Bomb can be defused. It just takes a vote and encouraging all your friends to look into it and vote, too.

Don’t believe me? Read The Coming Generational Storm by Laurence Kotlikoff or read the summary article in my archives, entitled “The Most Important Number”.

Visit www.LP.org to learn the simple, no BS answers the Libertarian party has for our current dilemma.

The icing on the cake will be that we can End1040Now, too, by voting to return America to the principles it was based on in 1776.

Wednesday, January 17, 2007

Is There Hope Yet for America?

Have you seriously thought what life will be like in 20-30 years when you’re retired? Will crime be better or worse (it’s gotten dramatically worse in the past 30 years)? I know, the statistics say some types of crime have improved, but do you really feel safer? If you’ve been alive more than 30 years, I think you’ll agree there’s a lot more craziness going on out there today. With even children committing gruesome crimes – and police too busy pursuing other things – what will morality be like when we’re too old and decrepit to defend ourselves? Carry a gun? (If we’re even allowed to own firearms then?)

What will the dollar be worth? (It’s declined to one-third the value it had in 1971, you know.)

I hate to seem a bearer of bad news, but these are just the facts, folks. If you think it’s too unpleasant to think of these things now, wait ‘til you see what it’s like in 5 or 10 or 20 years. And then, it’ll be too late to do anything about it.

Fortunately, there’s a way to turn around the decline of American life. Politicians like to blame the decline on outside forces: drugs, terrorists, whatever – but the truth is, most of our current problems come from the growth in size and expense of government. Blame the politicians who’ve been in office over the past 70 years. Both parties.

Because of the growth of the size and expense of government, it takes two parents to bring in enough income for a family. What time is left to spend with the children, guiding them through their most important years? We have to pay someone else to raise our children now! I believe this is the cause of so many kids developing “bad attitudes” and going wrong – their parents aren’t able to raise them. There are some things we can’t delegate!

Our federal government and the TV took over raising our children in the 1970s, when rising inflation (a government creation, as we’ll show later) caused both parents to have to work.



Look: Our government on all levels takes 47% of our income on average (1995 figure); it commits us to wars that have nothing to do with the security of our homeland; it gives away Billions of our money to countries like Israel (www.CIAfactbook.gov/Israel), where the average citizen is better off than a lot of us; it fights a war on drugs and we have more drugs than ever.

Both parties favor more government to solve our problems. Well, How’s that working? Any problems been solved lately? (In fact, all the parties, except one are for bigger government, which means more taxes for you.)

How’s the Middle East? War still going on in Iraq?
Perscription drug costs come down yet?
Health Care Costs down yet?
Has Uncle Spendthrift learned to live within his budget yet?
Is the dollar buying more or less this year?

Face it, friends: Our government in Washington has done a spectacularly bad job of managing our affairs – and they haven’t done it cheaply, either. Our state and local governments also have more problems and require more money from us to solve them. Together, Federal, state, and local taxes eat up about 47% of what we earn.

And beyond having the nerve to ask for more money to try to fix the messes they’ve made, federal monkeying with things through the burdens of recordkeeping and compliance issues, they have caused the price of nearly everything we buy to go up!

Example: Due to Food & Drug Administration red tape, it costs a pharmaceutical company $100 million to develop a new drug. They won’t even try to find drugs to benefit rare conditions – there’s not enough money in it. So, the Feds have raised the cost and length of time to develop the drug, that cost gets passed along to you, the consumer. Government micromanaging and paperwork causes you to pay more for your prescription drugs.

Have you taken a look at what the Federal Debt is, lately? Check www.shadowstats.com/ for the real story on our current federal debt. At the rate we continue to go further into debt, what do you think is going to happen at some point down the road?

Well, as Robert Ringer has said, “If our government can collect taxes, print money, borrow money, and change the rules and terms of payment, and it still can’t live within it’s allotted budget, we’ve got a problem.”

My guess is – and this concerns your retirement – the US will have to inflate and/or default its way out of a lot of financial commitments. And, as huge as the debt (including commitments to back up unfunded pension liabilities) is, it’s going to take a LOT of inflation to make even a little of it go away!

And that’s going to make however much you saved for retirement worth a lot less. It won’t be enough, chances are.

Big government is only good for itself and the big businesses (and countries that can lobby for special favors. It is not making America a better place to live, is it?

The answer isn’t Republicans or Democrats, either. Both took turns presiding over this slow, subtle downfall of our country. Both parties put us into unwinnable wars and ran up phenomenal debts for our grandchildren to pay. The Green Party and Constitution Party are still big government parties, so - to me - they are not the alternative we're looking for.

So, what are we going to do about it? Something better start changing it soon before all us Boomers start retiring. Will Social Security be there for us? Doubt it! Will it be safe to walk the streets at night? Is it now?

There is good news, though. There is a third option – a third party that stands for all the principles of small government that made this country great. The Libertarian Party. And the turn-around of America is just as simple as telling your friends and going to vote.

We still have the right to vote – and we have a better choice, a slate of Libertarian candidates who aren’t financed by special interests, but do have a coherent system of principles very much in line with the ones on which our country was founded.

Because the Libertarians aren’t financed by the big-money interests that have been running this country for their interests, not ours, we have to rely on word of mouth, volunteers, and election contributions from citizens like yourself. (Libertarian candidates are usually excluded from political debates.) Thanks to the Internet, spreading the word just got a lot easier for you.

This peaceful, digital revolution is do-able. And if you think about it – what’s the alternative? More of the same? A steady, or maybe a more rapid downslide for the economy, more regulations that make it harder to create jobs in this country, more crime, more war, and more terrorism here – all coming at a time when we, the working generation, want to be settling down for a comfortable, safe, and quiet retirement.

A financial panic is waiting in the wings - it's time to begin correcting the course of the US, while it's still possible.

So join us! Spread the Libertarian word – there is an alternative and it will be better than the same-old, same-old government that got us into the fix we’re in.


Now I am just a simple guy, no degrees behind my name, no syndicated column in the newpapers, but I can do the math. I have heard Albert Einstein say that compounded interest is “the Eighth Wonder of the World.” I believe him and other smart people who say we’ll never be able to pay off that debt.

So, it’s not going away even if we ignore it – and the folks in Washington keep spending like there’s no tomorrow (it's not their money!), so the Debt Bomb has got to explode during the twenty or more years we’ll be retired – and I’m just saying "We ought to take care of this now and not wait."

Wednesday, January 10, 2007

Solving Your Biggest Problem

Solve Your Biggest Problem

All of us have one Big problem, whether you’re young or old, rich or poor, healthy or sickly. If you’re an American citizen, you suffer from this problem; if you live abroad, to some extent you suffer from it, too.

The problem is our giant, growing federal government and the way it has come to look at our world.

Do you have this problem:

High taxes that won’t allow you to get ahead?
Not Enough Retirement Savings?
Spouse or kids in the National Guard or other Military, stuck in Iraq?
You’ve been a victim of Crime?
You feel you have no say in government?

We all suffer from these and related problems. They all have one cause and one simple solution.

The Cause is an over-reaching federal government that is totally out-of-control.

It tries to be the World Policeman, which makes lots of enemies and costs a lot of money
Because of the enemies it has earned us, you are asked to surrender some freedoms here at home (and you have less freedom to travel safely abroad)
It takes on totally impossible problems, wasting more tax money
It has hidden from us a HUGE COMING FINANCIAL CRISIS, due to its overspending

One thing you need to remember about government: Like any living thing, it will do anything to get re-elected – to stay alive.

It will promise you anything to get re-elected
It will keep taxes low by “stealing from future generations” (piling up debt)
It will commit our country’s military might to protecting the property of campaign contributors (think Halliburton, KBR, the Carlisle Group…)
It will start wars we can’t win.

Something you should know about American politics:

We, the people, have the votes but
Special interests and large corporations have the money

So, politicians promise certain things to the voters – lower taxes or more spending on popular projects – but they also must quietly please their special interest groups and corporate donors to keep receiving the big campaign funding necessary to be re-elected

This is why we have wars that make no sense, such as Iraq. A lot of lies were trotted out to get the American people into the war and then, when they were exposed to be lies, new reasons were found to explain why we must “stay the course.” This is why, after voters expressed their dissatisfaction with the Iraq war in the November election, the President is still trying to please the big money interests that he really works for. The war goes on. It’s not about what we want; it’s about what Bush and his cronies want.

The Good News

We can change regimes here, too.

If you’re tired of being treated like a chump, who’s expected to pay (and lose loved ones) for wars that only create more enemies for the US, inflicting misery on innocent people in the process, then get ready to replace the bloodsucking politicians that got us into this jam!

You may be saying, “But all politicians are the same!” And you’re partially right.

That’s because the only politicians you are allowed to hear about are the Republicans and the Democrats – and they are basically the same.

They are all indebted to corporate and special interests. That’s the only way to raise enough money for the expensive ad campaigns they must run these days.

You don’t hear much from the so-called minor parties, like the Libertarians, Greens, and the Constitution Parties. They may be on the ballot, but they don’t get the daily publicity the major party candidates get. So, you probably don’t know enough about them to be confident in voting for them. Besides, you may say, “They’ll never win.”

But they do sometimes win. And they can win more often if more people get fed up with the Democrats and Republicans and decide to find an alternative.

That’s what this crusade is about: Getting the word out that there is a better alternative to the two parties that have been leading the US on the road to ruin. More about that, later!

The Internet can level the playing field for better, uncorrupted, people to get into public office and start taking America back for the people,

In a way, our Congress and President have been writing bad checks in our names – and our kids and grandkids’ names – and not telling us.

They have saddled us with a debt that the smartest economists guarantee cannot be paid without causing major suffering here at home. (Read The Coming Generational Storm by Laurence Kotlikoff for more on this.)

What Are We Talking About?

For the retired or soon-to-retire, we’re talking about a major cut in the value of your retirement savings, due to wild inflation. We’re talking 24-hour a day printing presses cranking new dollars out of thin air, like they did in the late 70s.

For the young worker, these honest independent economists are warning that payroll taxes of double what they are today. A big cut in your standard of living, plus more of the usual wars, terrorist incidents at home and abroad, welfare for more corporations and individuals as the economy goes into the tank under the weight of all this taxation.

Big trouble – like the Depression of the 1930s, except that you may have noticed that people are not as civil and peaceful as they were in the 30s. But, even in the 30s people did desperate things to get food and we can expect no less in the next one.

More Good News!

We have some time to prepare, but we must start educating other voters now. Fortunately, this can be as easy and empowering as your pressing the “Forward” tab when you get done reading this.

The key deadline is the 2008 election.

What Are Libertarians?

There are a few people in Congress today – fighting a lonely fight – by Libertarian principles. One of the best examples in Representative Ron Paul, MD, of Texas. Visit his Web site or Google him to see the kind of person he is. He labels himself a Republican, but his principles are pure Libertarian – the same principles this country was founded to protect. I have a link to one of his speeches in Congress in one of my previous posts.

If You’re a Republican

You’ll be happy to know that Libertarians are fiscally conservative – unlike theRepublican party we have come to know in recent years.

Low Taxes. Balanced budgets, no foreign aid to kleptocratic regimes around the world, no welfare of any kind – corporate, national, or personal (leave more dollars in taxpayers’ pockets so they can provide charity donations to the nonprofits who do it best. There’s a lot to like about Libertarians.

If You’re a Democrat

You’ll like the fact that Libertarians are socially liberal. There are a lot of issues that are simply none of government’s business.

No foreign entanglements, no foreign wars.

No unwinnable Wars on Drugs and similar campaigns. (Prohibition doesn’t work)

Lower taxes for everyone. Less recordkeeping and the unpaid expense of producing complicated tax returns.

More affordable health care – the effective way.

More and better JOBS here in the US because big government gets out of the way of small, medium, and big businesses. Over-regulation and high cost of doing business in the US are driving our jobs overseas.

What You May Not Like…

If you’ve come to believe our federal government is to be used for handing out favors to your special interest group, you won’t like Libertarians.

If you think the feds should set a minimum wage at some arbitrary higher figure – Libertarian candidates won’t be doing that either. Honest economists will tell you this doesn’t work to anyone’s benefit. (Most professional politicians don’t care what works, they are perfectly willing to promise voters anything and then blame some third party when it doesn’t work.)

If you want to use government to legislate morality as you believe it should be, you won’t be happy with Libertarians. On the other hand, you may like the savings left in your pocket when government shrinks down to what we really need it to do: Protect us from foreign attack and natural disasters; keep civil order; maintain a system of laws that enforce contracts and prosecute fraud. As it is, our federal government is so stretched thin it can’t even perform the essential basic services we created it to do! And it’s headed for bankruptcy.

If you favor some grand New World Order scheme that requires military bases and ongoing wars in multiple parts of the globe, you won’t be happy with the Libertarian Party (http://www.lp.org/)

If you believe the government owes special treatment to you for your race or special investment in your area to benefit your city or state at the expense of all the rest, you won’t like the LP, either.

But…

If you weigh all the factors and really are honest about what is fair and feasible in government, you may realize that the Libertarian Party is the right choice for taking back America and creating a just and prosperous society for all.

You see, we have been conditioned over the past 90 years to expect things that our government cannot deliver.

In the real world, you can’t have both:

Free medical care and get someone else to pay for it

Peace at home when we’re meddling and pushing other nations around abroad

Low taxes and lots of government services

Freedom for you and unfreedom for those you don’t like

We’ve been seduced by our professional politicians to believe “We can have it all – and get someone else, some big corporation or some snooty rich person – to pay for it.”

Libertarians don’t believe in using government force to steal from one group to benefit another. Period.

So…Start thinking about it, please!

Read my previous post about the Debt Bomb that is going to demolish your happy retirement. That’s the kind of results the present way of doing business in Washington is getting us. They should be prosecuted to the extent they stuck us with an impossible debt burden!

We need to get the word out about the Libertarian alternative, so we can do something about our dissatisfaction in 2008!

It will be fun and the most patriotic thing you can do.s

More to come soon. Thanks for reading. May God bless you and prosper you!

Wednesday, December 27, 2006

The Most Important Number in the World

The Most Important Number in the WorldBy David Galland - 78 million.

That figure is the key to steering your portfolio successfully past the reefs of today’s brewing monetary crisis. And, if you play things right, it’s the key to making a lot of money for yourself over the next decade.

78 million is the number of baby boomers who are in or approaching retirement. That’s the biggest demographic bulge in U.S. history, fully 26% of the population.

And many of those 78 million are in a jam. As they approach retirement, they are still carrying historic levels of debt and, on average, have woefully inadequate net worth—and much of that based on shaky housing prices.

In fact, 25% of the retiring boomers—nearly 20,000,000 in all—are facing retirement with a net worth of less than $50,000. You don’t need to be an accountant to see that, with today’s degraded currency and longer life expectancies, they won’t get very far on so little.

This is a real tragedy in the making. After all, what could be sadder than millions of people striving for a lifetime to reach the American dream and then discovering that the “golden years” are just a fantasy, their wealth having been sucked away by decades of inflation and taxes so that politicians and bureaucrats could squander it to grease the skids for their own political success.

In 1930, the total share of the U.S. economy directly controlled by or dependent on government was about 11%, leaving the balance of 89% firmly in the hands of private enterprise.

Today, by the late Milton Friedman’s calculations, the government’s share of the U.S. economy—including the time and resources required to comply with all the regulations—has ballooned to over 50%, reducing the wealth-creating machinery of free enterprise to an auxiliary engine for government.

No wonder so many people live paycheck to paycheck.

What It Means and How to Profit

U.S. government debt now tops $9 trillion, before taking into account its unfunded obligations for Social Security and Medicare—debts that the retiring boomers will soon have their hands out to collect.

After adding in Social Security, Medicare and all the government’s other pay-later obligations, the current debt actually comes in at over $60 trillion—an amount so large, not one person in a million has a real sense of it. So let’s try to put that number into perspective.

A trillion is 1000 X 1000 X 1000 X 1000, or a million millions. In his first address to Congress, President Reagan, himself a big spender, accurately pointed out that a stack of $1,000 bills four inches high makes you a millionaire, and that a trillion dollars would be a stack 67 miles high!

The U.S. government owes 60 of those sky-piercing stacks of $1,000 bills.

It’s a lot of money. And it’s not just any kind of money. Amazingly, this unbacked currency of a bankrupt government is still the reserve currency of virtually every nation in the world today. But not, we think, for much longer.

To service its debt and keep the game going, the U.S. government must sell on the order of $2.5 billion per day in new Treasury bills, much of it to foreigners already sitting on something like $6 trillion of U.S. paper.

Absent the foreign buyers of U.S. Treasury securities, the whole scam begins to unravel. And once it begins to unravel in earnest, with wealthy foreigners and then governments rushing to switch out of dollars, the speed and steepness of the monetary collapse will be breathtaking.

Back to the Boomers

While millions of boomers will be lucky to scrape by for a year or two of hard living in a trailer park, their meager assets won’t carry them through the 20 or 30 years of retirement that medical science now promises. For that, they’ll have to rely on scraps from Washington. And if they have nothing else, every one of them has a mailbox that’s just right for receiving government checks.

In fact, according to the Fed, a majority of retired Americans already rely on Social Security for 80% or more of their income.

And that makes Social Security and Medicare politically untouchable, no matter how badly the programs trap the U.S. economy.

Recognizing that the U.S. has little capacity to rein in its profligate spending and has neither the intent nor the ability to actually pay off its $60 trillion debt in money worth anywhere near what it’s worth today, foreigners are increasingly leery about accumulating more greenbacks.

On November 9, for instance, Reuters reported that, “The bond and foreign-exchange markets were struggling to come to grips with comments from China's central bank governor Zhou Xiaochuan, who said his country had a clear plan to diversify its $1 trillion in foreign-exchange reserves and is considering various options to do so.”

Normally, the more skeptical foreign investors become, the higher interest rates must go to entice them to continue raising their hands at Treasury auctions… and to keep them from dumping their existing holdings.

But even that route, at least for now, is closed. That’s due to the critical role of housing in today’s economy and in the financial statements of so many millions of American homeowners. Simply, higher interest rates would devastate the already weak housing market and bring ruin to a heavily indebted populace, especially cash-strapped boomers, and further ratchet up the cost of government borrowing. In other words, raising rates is not an option.

So what are nervous bureaucrats to do?

The answer is to depreciate the currency—and as quietly as possible. That allows the government to meet its obligations, but with ever more worthless dollars. It’s their only way to buy time.

In fact, Fed Chairman Ben Bernanke virtually gave the game book away in a speech in Frankfurt on November 10.

“It would be fair to say that monetary and credit aggregates have not played a central role in the formulation of U.S. monetary policy.”In other words, the total amount of money in the system—what we “print”—is whatever the government finds convenient from one day to the next. That’s a politic way of admitting that the U.S. government is planning to paper over all its many obligations and accelerate a trend that has been in motion since the creation of the Federal Reserve in 1913.

Make no mistake, it’s a desperate strategy, but at this point it’s the only option for a government whose decades of reckless spending have led the economy into a box canyon, the floor of which is covered in quicksand. There is no way out. The best they can hope for is to stall the inevitable for as long as they can. “Not on my watch” is the phrase of the day.

The Death of the Dollar

In this age of instant communication, the government can’t hide the truth—at least not for long. So, no matter that they have stopped publishing M-3 money supply numbers, recognition that we are between a rock and a hard place is spreading. Reckoning day is not far off. And when it comes, it will rush in faster and more brutally than almost anyone expects. The world’s financial picture will be redrawn from scratch, and a painful unwinding of the economic dislocations built up by decades of political pandering will begin.While no one can say with certainty how the disaster will play out, there is one truth you can take to the bank. Throughout all of human history, gold has always held its value as a monetary instrument. That sort of shock-proof durability cannot be claimed by any paper currency, certainly not by the dollar, which has lost 70% of its value since abandoning the gold standard in 1971.

With the dollar untethered from gold, the worth of the $20 bill in your pocket is headed for its intrinsic value… as a recyclable.

In the weeks, months and years just ahead, gold, silver and other tangible assets are again going to become much more than financial obscurities tucked away on the commodities page. They’re about to become front-page news.When that happens, the prices of the metals—and of the high-quality gold and silver shares we follow on behalf of subscribers to our International Speculator—are heading for the moon.

Hopefully, enough of the 78 million baby boomers will catch on to the underlying realities of their situation early enough to take advantage. For many, it may be their last chance at enjoying dignified golden years—instead of laboring through their eighth decade under the Golden Arches.


***Mind-boggling numbers. So what to do if you want to preserve—and preferably, multiply—your assets until retirement knocks on your door?We invite you to take advantage of our no-risk, 100% money-back guarantee. You have 3 full months to thoroughly evaluate the International Speculator, browse the archived issues and see how much Doug’s recommended stock picks have appreciated in the last 12 to 24 months.Take your time, and if within 3 months, you’re not convinced that the International Speculator will give you returns you’d never even dreamed of, just cancel and get a full refund, no questions asked.Learn more here.**********************************************


This article originally appeared in the weekly e-letter, What We Now Know (WWNK) -- published by, and used here with permission from Casey Research, LLC. Click here <http://www.caseyresearch.com/wwnkOptIn.php> to sign up for a FREE subscription to WWNK, or check out past editions in the WWNK archives at http://www.caseyresearch.com/.

Saturday, December 23, 2006

Just when you were ready to relax...

Your biggest risk in Retirement – the one you probably haven’t planned for – is the US Government.

However much you have saved, it can be made worthless over the twenty years you may be retired, thanks to the INFLATION that is the only way our federal government can pay for their wild out-of-control spending.

Another danger our government brings us in our retirement years is WAR, in the form of terrorism that may strike your family and friends here or anywhere in the world. I will show that “terrorism” is a phenomenon created by our government’s bad foreign policy moves. It is very simple to correct, but the present crop of legislators will never do it – With your help, I believe we can replace enough of Congress to change our country’s direction before it is too late.

In fact, all the problems Congress is struggling with now, grew from bad policies put in place by previous office-holders: High medical costs, Crime, an Economy that can’t compete anymore, Unfunded Pension Liabilities that the feds have guaranteed (this is a Biggie!). None of these areas were a problem until the federal government got involved.

And you’ve probably already heard what they’ve been doing with our Social Security taxes. That’s right, our Congress has been spending them. There is no savings account – they’re running Social Security like a Ponzi Scheme! And they haven’t figured in that 76 million Baby Boomers are going to place a huge burden on the reduced number of actual workers, who aren’t going to want to pay more to support us. (Even if you don’t need your social security check, this and several other financial crunches will cause the Feds to crank up the printing presses to pay their way out of an ugly situation. Big inflation will affect you, just when you can least afford it.)

It all adds up to big problems for you and me, coming due in the next few years, when we are less able to take a big financial “hit.” That’s why we need to act now to prepare for the election in 2008.

The only thing I have to sell you is the idea that we can change the mess we’re in if we alert enough of our friends and associates to the dangers. We just elected a new crop of slightly-less-bad apples, but what is the President doing? He’s making plans to increase our troop commitment to a war that we have no chance of “winning.” Plus, he’s maneuvering to get us into a war with Iran and maybe North Korea, too. And our Democratic Congress will go along, at least until a few thousand more of our kids are dead or maimed.

No, most of our Congress needs to be replaced. There is one person in the House of Representatives that I have confidence in. His name is Ron Paul, MD. Ron is listed as a Republican, but his principles are pure Libertarian. Take a look at a speech he gave recently:http://www.lewrockwell.com/paul/paul303.html (Within this speach is contained the real reason we are in Iraq and will possibly soon be making war on Iran.)

Others can explain better than I where our government went wrong. Harry Browne’s book, Why Government Doesn’t Work is a good one. So is Robert Ringer’s Restoring the American Dream.
These gentlemen have laid out the whole vision and a realistic path to making it a reality.

My job – as I see it – is to reach enough Americans through the Internet to make a difference in the next election (2008). I'd like to make you aware of the serious problems we face and to let you know there is a solution, but it’s not what your average politician is telling you.

Just look at their track record! Our Congress hasn’t been able to live within a generous budget for more than 30 years. Why trust idiots like that to correct problems they created?

All the “solutions” they offer require more government, which means more expense for all of us. I believe we’re paying too much for all the problems they’ve already given us: paying for generations of welfare families; paying for illegal immigrants’ medical care; starting wars that have nothing to do with protecting our people, but have everything to do with padding the wallets of corporate campaign contributors.

I’ll go into detail soon. For now, I want to let you know what to expect from this blog. Unfortunately, this isn’t a fulltime venture, so I’ll have to dash off my ideas when I have a moment.

If you like what I’m saying, please tell your friends, family, and associates. Share the books that contain the philosophy behind my blog.

If you don’t like what I’ve got to say, that’s good, too! Tell all your friends about this crazy blog that’s pissing you off. But, keep in mind, I’m not interested in arguing. Discussion, yes. Answering questions, yes. But if you’re really happy with the government we’ve got and the direction it’s going, then you have no business reading these challenging ideas.

Like they say, “We all deserve the government we’ve got.” But I believe we deserve better.

Talk with you soon, I hope.

Monday, December 18, 2006

Contact Me:

Thanks for taking the time to consider a US without the need for an income tax.

This country got along very well without income tax until 1913. Since then, it's been all downhill. More taxes allowing the bureaucracy to grow, burdening business and all of us with ever-growing expenses. You know those federal employees deserve their perks.

If you, like me, sense that things need to be turned around soon, I'd like to ask permission to email you, so I can let you know when new topics are added to this blog.

I promise you some ideas that you will not hear in the mainstream press nor from your Congressman or -woman. In fact, they don't want you to know where your money is being spent. And they definitely don't want you to know how easy it would be to solve the major issues that they can never work out.

Here are some topics I'll be covering in upcoming issues of this blog:

The Real Cause of Terrorism and What You Can Do About It

How our government creates problems to keep themselves employed

How to Cut American Health Care Expenses

Why we need to stop borrowing money and giving it to foreign governments

What the Retirement Debt Bomb will do to your well-planned retirement

With so many Boomers beginning to retire in the next 18 months, our current deficit spending will cause serious problems - some say massive inflation or the bankruptcy of our government.

If you see the danger, I'd like to invite you to join a national movement to change this out-of-control spending and international military adventurism before it takes away our remaining freedoms and quality of life.

Our quality of life has declined drastically over the past 50 years - take it from me if you haven't been around that long. I have some insights on how to simply turn that process around, if you're interested.

To send your comments and suggestions, email me at End1040Now@yahoo.com Please keep your criticism constructive: I'm not interested in arguing. Time is too precious.

Wednesday, October 18, 2006

Imagine a USA without Federal taxes...

I'm setting up this blog to see how much interest there is in eliminating the necessity for Federal 1040 income taxes. It can be done and would have great benefit for the conomy, obviously.

The way to do it is to downsize our government to its Constitutionally proposed level. No more giving our money away to Israel, Egypt, Pakistan, and Colombia, etc. No more NASA. No more wars in foreign countries that are no threat to us.

A lot of useless things would have to go. We would actually be a lot safer if we didn't have a military presence in so many countries.

Along with cutting the size of the federal government and making it live within its budget (which would be financed with import duties, etc. and maybe a sales tax), the proposed program would eliminate the federal debt by sales of federal assets, such as timberlands, rangelands, unused military facilities, fleets of cars, trucks, tanks, planes, etc.

If I showed you an organized, existing political party with a program to do all these things, would you be interested in taking a look? If so, go to www.lp.org

Let's get this country off the self-destructive course it's on and revive the prosperity and freedom we once enjoyed!