Thursday, June 30, 2011

With Obama's speach, are we in a position to solve the debt issue

Well our President had his say, on one side he now seems to understand that the private sector economy is the key to recovery. The problem is that He has no basis of understanding of how to fix it. He said he knows what to do, yet his solutions are always the same. Increase cost on individuals and small business, increase cost on small banks, increase the cost of power. Limit our national production of domestic energy while promoting foreign oil, and manufacturing, and expect an outcome that seems to becoming farther and farther out of reach. The more this supposed eloquent President speaks the less I am willing to hear what he has to say. If this is what our colleges are producing the more I believe that we are spending our money unwisely for higher education.

The problems are many, we have a federal government that will not stop spending, and I will say that all the stimulus has done is delay what is coming. Has it helped? Well that answer is twofold. Yes and No. if you consider delaying the inevitable then it is a huge success. Has it stopped the endemic problem of our Tax and Regulatory structure, and then the answer is No. The federal Government is borrowing much of the money needed for small business to expand. With the incoming health care reform the cost on business and future growth will be massive, and for this one reason is holding back investment. The new regulatory environment is stopping investment and economic growth, by placing time constraints, cost or both on new projects that make investment impossible. Mr. Obama hates Business and capitalism. He feels that it destroys an individual’s ability to grow. In My personal experience he is about as wrong as any individual can be. Yet he is in a position to inflict great harm on our national economic outlook, and that is what he has done. His friends do not want to fix the system, they want to change it. And that is the key, for all his rhetoric he is leading the destruction of our nation. This is willful intent on his part and must be stopped. Our only hope is that the states and what is left of our system of government stands up and protects us. If not It will be up to each and every one of us. I know that sounds like a Revolutionary thought. But historically that will be the outcome. State rights must be enforced, that is one of the so called negative liberties that our President is talking about. We have a system to regain the initial intent of our founders, and if our leaders will not make those changes it is up to us to elect individuals that will.

The high cost that our Federal government has placed on our economy along with the Obama Administration monetizing our debt has paved the way for the future economic collapse. The clock is ticking and the only way to soften the blow is to deregulate, allow for our domestic power to begin expansion. Lower cost is the key, and that includes regulatory oversight. States should be able to tell the federal Government and the EPA to stay out if it means reducing a state’s ability to grow its economy. The North Carolinas issue with Brining manufacturing into the state is a point of concern. Under the commerce clause the state has a right to expand its economy, the feds cannot move in on these States’ rights. Here in Nevada should be able to collect property taxes from the 87% of the federal land in the state. This is the main fact why Nevada has such a limited tax base. Even if Nevada had ¼ of the land, our current state tax system would benefit. Each state will become a life raft in these rough economic seas that are approaching. It is the states that need to become the life rafts. We need to prepare Nevada and all of our rouged individuals to store food, energy and prepare. After Presidents Obama’s speech yesterday I feel this time is getting close.

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