-- Posted Monday, 9 February 2009 | Digg This Article
| Source: GoldSeek.com
I find myself in the unusual position of agreeing with Vlad Putin and disagreeing with our current president. There is just something wrong when my economic views are aligned with a former communist and against the head of the free world.
This last week it was reported that Vlad Putin said he will not prop up failing institutions in Russia with bailout money. Furthermore he plans to slash government spending. Over here in the free world ‘Bama (who knows best) is trying to bully his latest bailout package through congress with the threat of total meltdown if we do not dutifully fall into line behind his plan. No discussion is allowed (we don’t have time) we are supposed to just trust him and pass the largest spending bill in the history of the world. (Until the next one in 2010.) Why? Just because ‘Bama knows best.
I have always been told not to criticize a man without a better plan of your own. OK, then, here it is:
Declare 2009 a personal income tax holiday. Slash federal spending back to 1995 spending levels that can be supported without benefit of personal income taxes.
There it is - just that simple. Cut, cut, cut federal spending and stimulate the economy by letting people spend their own money. No rebate checks, no stimulus checks, just KEEP YOUR OWN MONEY. ‘Bama’s cabinet can not be against this plan completely because several cabinet members have been working on their own version of an income tax holiday by “forgetting” (how is that for generous) to pay their own personal income tax. We should follow Washington DC’s lead here and simply declare an income tax holiday for everyone’s personal income tax in 2009.
Since ‘Bama picked our new Treasury Secretary who apparently does not believe in personal income tax maybe ‘Bama really does know best.
If not, maybe we can draft Vlad for President of the US. After all when you step back and look at Russia and the USA they seem to both be working the same fascist business model these days.
WRITE YOUR CONGRESSMAN AND SENATORS and tell them to vote AGAINST the bailouts. Tell them you are for FREE MARKETS and to let them work. CUT federal spending and CUT taxes for the people. Unleash the power of the free market on main street. Maybe while they are at it they can spend 2009 REPEALING burdensome laws instead of passing even more useless regulations. NO MORE money for the BANKSTERS! End the federal reserve! Break up the banks! READ the constitution and the bill of rights and remind them that they are sworn to uphold them. Prosecute the crooks on Wall Street and toss ‘em in jail. Remind them that the Coinage Act of 1792 is still in effect and that the penalty listed in the act for violating it is clearly stated as a felony and “those deemed guilty shall suffer death”. (No wonder so many politicians are against the death penalty.)
Boy do I feel better. Write your congressman and you will too.
In the meantime get some of your assets out of the crooked system before it is too late. Buy gold and silver while you still can. Refuse to participate in the corrupt federal reserve system.
Larry LaBorde,
Silver Trading Company
Larry lives in the occupied South with his wife Puddy and sells precious metals at the Silver Trading Company. Larry can be contacted at llabord@aol.com. You can view his web site at www.silvertrading.net.
To order advance copies of Larry’s new book, “Investing Without a Net” just go to his website at www.silvertrading.net and scroll down to the middle of the home page and click on the link.
-- Posted Monday, 9 February 2009 | Digg This Article | Source: GoldSeek.com
