Debate Round Two – Romney Wins with Truth & the Economy

October 17, 2012

G’Day!

First, hooray for Ryan in the Vice Presidential Debate! He withstood a frontal attack by the Democrats’ chosen “Pit Bull”, Joe Biden and Won! Biden inappropriately and disrespectfully interrupted, laughed, and expressed contempt while Ryan was discussing the serious issues facing America. Biden’s rude and comic behavior illustrated his and Obama’s disdain for the problems facing our country. Also, it is important to note that Biden misrepresented (or lied?) on major issues approximately five times in the course of the debate. (Remember, Vice President Biden is only a heartbeat from the Presidency – is he your choice as a backup?)

Congratulations to Romney for beating Obama again (& biased liberal moderator, Candy Crowley) in the second Presidential Debate with honesty, strength, new ideas, and an unbiased picture of the declining American economy. Equally important, Romney has new ideas and reiterated his 5-Part Plan to correct the Obama economic malaise – Energy Independence, Free Trade, a Balanced Budget, Improved Education, and Tax Reform to support Small Businesses. For his part, Obama merely offered a rehash of his failed policies of the last 3 ½ years, a belief that taxing the “rich” will solve the debt crisis and create wealth and prosperity, and repeated his “bumper sticker” slogans blaming everyone but himself. Obama says that the Republicans want to return us to the failed policies of past. Does he mean free market capitalism, personal freedom, and limited government? Or does he mean the failed policies of socialism, communism, and wealth redistribution, which have historically failed and are currently failing in Europe?

Romney also continues to win women voters with his focus on fairness, jobs, the economy, and bringing down the cost and improving choices in healthcare. Obama appears to believe that the important women’s healthcare issues are taxpayer funded abortions and birth control. If misinformation (deliberate lies?) and character assassination plus unsustainable deficits and potential national economic disaster are appealing to American voters, Obama will win in a landslide. Obama, Biden, and the Democrats have degenerated into employing the desperation tactics used by losers with no rational alternatives – they blame others for the problems; attack, ridicule, and misrepresent their opponents positions; attempt to change the subject; and accuse their opponents of lying! How low can they go? Fortunately, I have faith in the intelligence of the majority of Americans to think for themselves and see through the misinformation and character assassination techniques being used by Obama, the Democrats, and supported by the Liberal Media.

This election is a clear choice between individual freedoms, high growth free market capitalism, fiscally responsible limited government, and saving “The American Dream” vs. government-restricted personal and property rights, a slow growth government controlled economy, irresponsible and unsustainable growth in government, entitlements, and our National Debt, and destroying “The American Dream”. I sincerely believe that, if Obama and Biden are reelected, we are at best facing European style socialism and dependency, increasing taxes for ALL who pay them, and continued economic decline. At worse, we could face exploding National Debt and ultimately national financial collapse. Be aware and vote accordingly!

Think and remember that the freedoms, opportunities, and economic growth we have enjoyed for over 200 years were the result of hundreds of thousands of loyal and dedicated Americans who unselfishly fought and died in many wars to create and protect them. These brave men and women unselfishly served to protect our freedoms and to promote freedom and democracy not only at home but also throughout the world. Obama is deliberately or accidentally undermining and eroding these hard-won individual freedoms and our capitalist economy in order to bring centrally controlled wealth redistributed “fairness” through “Neo-socialism”. Under neo-socialism the government does not own businesses, it forces them through regulations and rules to conform to the wishes of appointed (not elected) central administrators. (Think of the Environmental Protection Agency (EPA), the Department of Energy (DOE), Obamacare “Death Panels”, the Dodd-Frank “Consumer Financial Protection Bureau” and “Financial Stability Oversight Council”, etc.).

As I have said before, the growth of Western Civilization and especially the United States was fuelled by the expansion of individual liberties, property rights, and a free market capitalist society. Our nation was established on the fundamental principle that government is the servant of the people, not that people are servants of government. It’s time to take back our country and return to the individual liberties, free markets, economic growth, and limited government we have long enjoyed. Vote in November!

The Old Guy PhD


Big Government IS STILL Our Problem – & It’s Growing!

May 16, 2012

G’Day!

A year ago on February 11, 2011 my first posted article was “Big Government IS Our Problem!” I firmly believe Big Government is STILL our problem and it is not only growing, it is accelerating! What our country needs is LESS GOVERNMENT not more. If we could get government off our backs, unnecessary discretionary spending could be eliminated, individual and business opportunities could be pursued, jobs created, and income increased, allowing our economy to expand more rapidly. Government needs to be reduced not enlarged.

Last year I believed President Obama and the Democrats would eventually consider the best interests of our country first and would finally realize that their policies were dividing and potentially bankrupting the nation and stifling economic growth. I hopefully thought the President and Congress would recognize this and relatively quickly pursue the excellent recommendations in the bipartisan Bowles-Simpson Debt Reduction Commission’s Report, which was officially presented to President Obama in early 2011. How wrong I was! Obama immediately shelved the report; the Democrats declared it dead on arrival and again failed to pass the required Federal Budget. It has now been over 3 years that the Democrats have prevented passing a budget and Obama’s huge overspending budget proposals have been overwhelmingly defeated by both Republicans and Democrats. Only the Republicans, especially Paul Ryan, have tried to adopt any of the Bowles-Simpson recommendations. Reluctantly, I have come to the conclusion that the “Obammunists” are only interested in pushing their socialist agenda for central control over our lives, our environment, and our private property. Their actions, or lack of, are driving our country into an increasingly dependent and unsustainable welfare state. More importantly, their policies are in serious danger of destroying the American creative opportunistic spirit and national prosperity in which the majority of US citizens believe and enjoy.

In my opinion it is not too late to correct this adverse trend toward mediocrity and save our nation. America can resolve its fiscal and debt crisis and restore our country to a united foundation for responsible government and future prosperity. However, this can only occur if we return to the principles that have made America the greatest and most exceptional country in the world. These principles are: Constitutionally protected individual liberties, free markets, sound fiscal and monetary policies, economic growth, and Constitutionally limited government. The “Obammunists” are rapidly leading us away from all these principles and toward a future of economic stagnation, shared poverty, limited personal freedom, and dependence on government for much of our survival. Under Obama, America is declining quickly into a centrally controlled overregulated socialist state with increasingly limited opportunities for aspiring individuals and companies to succeed.

So what should we do? The first and most vital action individuals can take is to become informed about the issues and vote out the “Obammunists” in the November election. This one single accomplishment will at least stop the rot and give us the opportunity to correct the damage done by Obama and the Democrats. Next we should demand our new President and Congress concentrate on resolving our fiscal/debt crisis, get our economy back on track, and create productive private sector jobs. As I outlined a year ago, at least six actions should be undertaken: 1) Stop/Minimize non-essential regulations, 2) Have a business-friendly government, 3) Reduce tax rates, especially on business, through tax reform, 4) Enact an energy policy that encourages rather than discourages development of domestic sources of traditional energy, 5) Fix the fiscal and debt crises by cutting government spending, revising entitlements, and increasing tax revenues through tax reform, 6) Pass the three pending Free Trade bills and expand them to include other trading partners. Of these six actions only #6, the Free Trade bills, has been passed. (see “Yes, We CAN Grow the Economy and Create Jobs!”)

More specifically, I suggest our new government in 2013 accomplish the following ten (10) priority items:

1)   Unless already accomplished in 2012 by the outgoing President and Congress, immediately extend all the 2012 tax rates for 2 years or until the Tax Reform in Item 6) below is enacted.

2)   Immediately declare a moratorium on any non-essential new laws and regulations.

3)   Immediately rescind Obamacare (unless The Supreme Court has already done this for us).

4)   Immediately rescind the Dodd-Frank Act and its approximately 400 new required regulations (most of which are still to be written). In this regard the most important pieces that need to be rescinded are “The Bureau of Consumer Financial Protection”, “The Financial Stability Oversight Council”, and “The Durbin Amendment”.

5)   Initiate and approve a medium term Balanced Federal Budget that downsizes government, reforms taxes by simplifying the code, reducing tax rates, broadening the tax base, and eliminating politically motivated subsidies. This budget should reform entitlements to sustainable levels, assure the defense and security of America, and reduce and “Cap” the Federal Government Spending at 18-20% of GDP. (see “Bowles & Simpson Have it Right!”)

6)   Initiate and enact the necessary tax and entitlement reform necessary to accomplish suggestion 4) above. (see “Fiscal & Debt Crises – Tax Reform Essential!”)

7)   Demand that any and all new laws or regulations enacted have a “Sunset Clause” that automatically terminates the new law within no more than 10 years.

8)  Demand that Congress review and terminate annually for the next five years at least 10% of all currently existing laws and regulations that are non-essential, unnecessary, or out of date.

9)   Demand a review of all Executive Departments and Agencies of our Government with the goal of downsizing or eliminating over time those that are non-essential, unnecessary, or just bloated. I suggest the prime candidates for consideration are the Departments/Agencies/Bureaus of: Environmental Protection, Energy, and the National Labor Relations Board.

10)   Longer term, Congress should initiate and pass a Federal “Balanced Budget Amendment” to the Constitution. Forty-nine states currently have some version of a balanced budget requirement. Only Vermont does not. (see “Is a Balanced Budget Amendment Necessary?”)

Our country can be saved if the American People recall and return our government to the original spirit and intent of our founders. The United States is exceptional among all nations because of our Constitutional support of individual liberties, private property rights, a free market capitalist society, and limited government. Government should be the servant of the people. The American People should not be the servants of the government. It’s time to take back our country! Study the issues and vote in November!

The Old Guy PhD


Let’s Send Congress & The President on Unpaid Leave!

November 30, 2011

G’Day!

Let’s face the truth. Our government is doing nothing to solve our country’s economic problems and has actually made the situation worse in the last two and a half years. While not practical, perhaps the best way to create jobs and improve our economy would be to send Congress and President Obama on an unpaid leave of absence for 2012. Certainly neither is accomplishing anything of benefit and paying Congress to do nothing and President Obama to campaign for his reelection is a waste of their time and our money. Also, my real concern that they will continue to do even more harm through Executive Orders or will create new regulations that further restrict our businesses and prolong the political uncertainty that is at the heart of our economic stagnation. Since they are not doing anything meaningful, preventing all new government action in 2012 would give business the certainty of “status quo” and no further damage would be done prior to our national vote on economic policy. Withholding pay is a logical penalty for our current do-nothing government representatives and would have the benefit of reducing the deficit. Since their priority is reelection, this would give them the freedom to try to convince the electorate that they support policies that will protect our freedoms, promote jobs and economic growth, and deserve to be retained in office.

To be fair, let’s review a few of the major government results since the 2008 election. Our total deficit has increased by $4 trillion and the annual deficit more than doubled from $500 billion to $1.3 trillion/year. Government spending has increased from approximately 20% of GDP to 25% of GDP. National Debt has now increased by nearly 50% to an estimated $15 trillion, nearly 100% of GDP. New entitlement commitments through “Obamacare” was passed against the desires of the majority of American voters and will further increase deficits and debt in the future. The Dodd-Frank Financial Regulations Bill was passed, which significantly increases regulations over the financial services industry and has currently added to the turmoil, confusion, and stagnation in our banking system. The Energy Department and the Environmental Protection Agency (EPA) have virtually shut down domestic development and exploration of fossil fuel resources, have wasted billions of taxpayer dollars in support of noneconomic renewable energy companies (Solyndra et al), and have again delayed the proposed pipeline from Canada (Note: Canada is now threatening to sell the oil to China). The Department of Justice (DOJ) tried to bring the terrorist prisoners back into the US to be tried under US laws, supported the sales of guns to criminals and is delaying business mergers, which will improve the competitiveness of American companies. The Federal Communications Commission (FCC) has joined with DOJ in attacking the proposed merger of AT&T and T-Mobile. The pro-union activist National Labor Relations Board (NLRB) is attempting to stop Boeing from finalizing its new “Dreamliner” plant in the Right-to-Work State of South Carolina and is attempting to change voting rules to eliminate the requirement for secret ballot for unionization in a company. The do-nothing Democrat-controlled Senate has passed no government budget for approximately three years and has blocked attempts by the Republican-controlled House to pass fiscally responsible legislation. Not an appealing set of accomplishments.

President Obama is and has been in re-election campaign mode for months and has virtually abdicated leadership to resolve our unsustainable deficit and debt crises. In fact, Obama has significantly added to the magnitude of these problems by his uncontrolled increases in government spending, Obamacare, and the overall anti-business attitude of his administration. Obama ignored the excellent recommendations of his own Bowles-Simpson Debt Reduction Commission, which addressed all areas of the deficit and debt crises including increased revenues through tax reform, entitlement reform, and decreased government spending. Obama has also provided no apparent advice or leadership for the failed “Super Committee” and it now appears to have been designed to fail in order to create a political issue for the next election. As Governor Christie of New Jersey said this week regarding Obama’s lack of leadership, “What the hell are we paying you for?”

Enough is enough. Given the stalemate in Congress and an absentee President focusing on his own reelection, we should, if we could, send them all home on unpaid leave until the next election. Unfortunately, we need to have this election ASAP and not a year from now. The will of the American people needs to be determined regarding whether free market capitalism and individual freedoms or redistributive socialism and big government central planning is preferred. Personally, I vote for individual freedom, free markets, sound fiscal and monetary policy, economic growth, and limited government.

The Old Guy PhD