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                                                                                                                                                                                                                                              "I'd rather entrust the government of the United States to the first 400 people in the Boston

 telephone directory than to the faculty of Harvard University."     - William J. Buckley, Jr.

 

2007/12/28

Ron Paul on Taxes

@ 10:20 PM (8 months, 5 days ago)

 

I like this:

"Working Americans like lower taxes. So do I. Lower taxes benefit all of us, creating jobs and allowing us to make more decisions for ourselves about our lives.

Whether a tax cut reduces a single mother’s payroll taxes by $40 a month or allows a business owner to save thousands in capital gains taxes and hire more employees, that tax cut is a good thing. Lower taxes allow more spending, saving, and investing which helps the economy — that means all of us.

Real conservatives have always supported low taxes and low spending.

But today, too many politicians and lobbyists are spending America into ruin. We are nine trillion dollars in debt as a nation. Our mounting government debt endangers the financial future of our children and grandchildren. If we don’t cut spending now, higher taxes and economic disaster will be in their future — and yours.

In addition, the Federal Reserve, our central bank, fosters runaway debt by increasing the money supply — making each dollar in your pocket worth less. The Fed is a private bank run by unelected officials who are not required to be open or accountable to “we the people.”

Worse, our economy and our very independence as a nation is increasingly in the hands of foreign governments such as China and Saudi Arabia, because their central banks also finance our runaway spending.

We cannot continue to allow private banks, wasteful agencies, lobbyists, corporations on welfare, and governments collecting foreign aid to dictate the size of our ballooning budget. We need a new method to prioritize our spending. It’s called the Constitution of the United States."

I would like to know what RP is going to do about it.

 

Check out the new Barry G. website

Comment(s) »

  1. i didn't vote for him but, ever since reagan left every republican put the u.s. in ruin

    Comment by KENNY G.— 2007/12/29 @ 12:14 AM — (Reply)

  2. even worse, the Import /Export bank here in Texas is caught in an investigation. Showing it had "FUNNELED" millons of US dollars into Mexican based frauds. The "BANK" has lost millons of dollars to this.

    Comment by aza spade— 2007/12/29 @ 08:27 AM — (Reply)

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