What to do-Obama's stimulus plan is not working

quote from my comment below:  If the idea of a stimulus III is wrong, note that FairTax, of it's own action, will bring this nation back just by the confidence it will provide in enactment.

 

Tuesday, July 14, 2009

Editorial: Obama's stimulus plan is not working

Plan to spend the nation out of recession isn't stimulating the economy or creating jobs

The Detroit News

President Barack Obama's plan to attack the recession through massive deficit spending is not producing the results the president promised in February when he convinced the American people to go deep into hock in the name of creating jobs and boosting economic growth.

Obama is well into spending the $787 million approved by Congress for his stimulus programs, and yet the unemployment rate is still climbing and economic recovery remains elusive.

Administration economists projected that the huge influx of borrowed federal dollars would keep the national unemployment rate from breaking through the 8 percent mark. It stands at 9.5 percent today and is still rising

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my comment:

Cancel first stimulus, the bailout.  Cancel stimulus I.  Then retrieve what funds not allocated.

 

Send out stimulus III to Head of household mortgage. If no mortgage, send to local bank HSA/IRA for each adult.  If you send $15,000 per adult (children considered one adult)it will cost approximately 3.75 trillion dollars.  Sure it will inflate the dollar, but at least there will be a dollar to inflate and a future to correct.

 

To correct our future, make manufacturing a fair trade platform by removing the excise production tax and replacing our IRS with the FairTax Plan.  That will create many jobs, provide middle class, and lower, with a huge pay raise by providing gross pay paychecks.  We need this to offset the coming inflation already being created by Federal spending.

 

Then set up a Constitutional review by States control, reviewing Federal practice, to include commerce clause, social spending, eminent domain, federal property ownership,control of a State's resources,etc.

 

Drill here, drill now!!!  Carbon is our friend!

 

If the idea of a stimulus III is wrong, note that FairTax of it's own action will bring this nation back just by the confidence it will provide in enactment.  It will take longer though.  By distributing to every household, you meet the threshold of equal treatment by the term "General Welfare".

FairTax NOW!!!

 

R. George Dunn

Dennis Pittman invited you to the event "Rally Against Obama!!"...

----- Original Message -----
From: "Facebook"
Subject: Dennis Pittman invited you to the event "Rally Against Obama!!"...

Dennis invited you to "Rally Against Obama!!" tomorrow.

Event: Rally Against Obama!!
What: Rally
Host: NORTH OAKLAND REPUBLICAN CLUB
Start Time: Tomorrow, July 14 at 1:00pm
End Time: Tomorrow, July 14 at 4:00pm
Where: Macomb County Community College

To see more details and RSVP, follow the link below:
http://www.facebook.com/n/?event.php&eid=102938352806&mid=c5d254G314ef632G2260027G7

Thanks,
The Facebook Team

Where USA went wrong fiscally & how FairTax will fix it

Before W.W.II this Nation was a closed market to imports.  The framers of our current tax structure did so under the Americans consuming only domestic manufacturing, I imagine using the production tax system as a convenience since the bookwork was already in place and under management control.  Then we opened our trade to Japan, making for free trade.  This gave the American consumer a boost to their cashflow, making for more spending in other areas and those we lost a few jobs, the increased cashflow produced many more jobs. 

President Reagan then introduced free trade to the world and opened our border to duty free import.  NO thought was given to the production tax structure in place and the new surge of cheap goods made for even greater prosperity to the American consumer, while again eliminating some jobs, but at the same time we had new technology introducing new avenues of employment, thus the excise production tax on domestic production had minimal effect.  During the period after, companies were being cannibalized for short term profit as their competition from imports was cutting into the profit margin and causing little advantage to stay in business.  These companies were closed, jobs being eliminated, as the scavenger Companies bought them up and sold them for parts or took the parts overseas to open up manufacturing to import and feed the open accounts of buyers of the closed companies products, in a duty free, production tax free advantage and at a high markup profit. 

The slow demise of manufacturing in America has grown and the need of social programs from the Federal Government to prop up the American dream continued to grow, expanding deficit spending and hidden inflation.  This perpetuated the domestic excise production tax, furthering the handicap of American manufacturing.  The need for additional income into Families also grew, demanding more then two spouses could produce to keep up with the standard of living and regulations and license fees, insurance costs, to a point where a majority of Americans are now in a fiscal struggle living paycheck to paycheck, if working.  Jobs have become hard to find, many being entry level service jobs without any ability to advance or receive adequate wage.  Jobs are at a premium, even with a low reported unemployment level, which does not report and hides many who have slipped from the employment rolls due to years of job seeking frustration, especially in the urban and rural areas. 

Now we find ourselves being tempted into becoming what we fought for years with our own blood to push back, fascism, Communism and the Tyranny of Government, with the promise of fiscal security.  The American Dream is on life support in need of a true free market, one of which fair trade exists.  The cost advantage of foreign imports over domestic by continuing with a production tax is about 22%, the amount of hidden tax in domestic goods.

Time is of essence, that this very hour, this Nation is about to fall.  The World Government proponents are about to make their final push for world dominance through one world currency.  The Marxist of the world have moved into leadership positions in coalition with the One World Shadow known as RHINOs, the pawns of the One World Government advocates.  The old media has joined or is owned by both powers and is a major instrument of this Coalition and is making for a unique threat to the U.S. Constitution. 

The only way to prevent the above from fulfilling their mission to dominate this Nation and the World is to offer change to the American worker and Family a grand demand for their employment, jobs, jobs, jobs.  Only then will the chain of despair be broken.  The Conservative Movement must center all it's will on fixing the failing tax and trade structure of this Nation.  We must lay down the plank of the Fair Tax Plan  WWW.fairtax.org  to the Democrat and Republican Grassroots and educate them across into a Party totally centered on the character and values of the Founding Fathers, presiding under the Constitution as written through the demand on the Judiciary to be of good behavior as instructed in the Constitution and defined by Alexander Hamilton in the Federalist #78 Document.  http://www.constitution.org/fed/federa78.htm

The Fair Tax is the Salvation of the United States of America and it's Constitution of liberty and Freedom of We the People.  Make it so.

R. George Dunn