Newsgroups: alt.politics.perot,alt.politics.elections,talk.politics.misc
Subject: Re: Perot's Plan (1/4)
From: berg@malice.cass.usu.edu (Glenn Berg)
Date: 29 Sep 92 15:15:43
Organization: The Center for Atmospheric and Space Science, Logan, UT
In-reply-to: mpye@netcom.com's message of Tue, 29 Sep 92 15:08:16 GMTLines: 97

In article <7n+p#jf.mpye@netcom.com> mpye@netcom.com (Michael Pye) writes:

>Unless we take action now, our nation may confront a situation similar to the
>Great Depressionand maybe even worse. Our economic growth has been sluggish
>for nearly two decades. The unemployment numbers remain depressing, while the
>Federal Reserve worries about inflation.

The Federal Reserve, a private corporation, does NOT worry about inflation.
They love it!  It gives them the chance to print more money (nearly free to
them) to loan to the banks!  If Perot tries to convince me that the FED is
working in my best interests, I won't believe it!

>The institutions we depend on to preserve our financial security are shaky. If
>they fail, millions of people will be devastated. Banks are already weak. The
>Federal Deposit Insurance Corporation (FDIC), which we as taxpayers guarantee,
>may incur liabilities greater than those from the recent Savings & Loan
>crisis.

Why should we be guaranteeing the FDIC, a private corporation?  Are you going
to do something to change this, Ross?

>You are the owners of this country. Nobody else can do the job. Our system has
>been corrupted because we weren't exercising our responsibilities as owners.

Amen to that.

>And let me repeat: that $214 billion we'll pay next year is interest only.
>Interest doesn't buy a thing. It doesn't spur new business to give people
>jobs. It doesn't help people out of poverty. It doesn't maintain our highways.
>It doesn't protect our forests and national parks. It doesn't put more police
>on the streets. It doesn't restore our inner cities. It doesn't defend us. It
>will never build a classroom or fund research to fight disease.

But it does make the Federal Reserve happy!

>Elected officials don't like to talk about what that massive runaway debt is
>doing to our country. Instead they keep to the time-honored tradition that has
>become standard for our elections. They talk about every tiny group's special
>interest and do nothing about an economy in sharp decline.

And others want to hack away at the branches without attacking the root of the
problem.

>                              HOW DID IT HAPPEN?
>
>How did one year's deficit become so large? How did things get out of control?

It began when the Federal Reserve Act was passed in 1913.

>President Reagan had a reason for the deficit spending that occurred in his
>Administration. He wanted to bankrupt the Soviet Union, and he did it by
>accelerating the arms race.

He wanted to keep the FED happy.

>                              WHO'S TO BLAME?
>
>If anyone wants to know who's to blame for the $4-trillion debt, just go look
>in the mirror.
>
>You and I are to blame. You and I are the shareholders of this country. We own
>it.

Not hardly, Ross.  To be more accurate, we are owned by it.  Every dollar you
carry in your wallet is owned by the FED, and you pay interest on it through
your taxes (or do you?)  Although what you say is partly true, that the blaim
is ours for not doing something about it, who can blaim us when those with the
"money power" control the information we're given.  Even you are unwilling to
address the real reasons behind our debt.

>These are not simple problems that can be solved with a single vote on
>Election Day. One person in one office will not restore excellence to America.
>
>There is only one person in the entire world who can with character, devotion,
>hard work, and sacrifice create an America stronger and healthier than it is
>today.

And the FED gets our blood, sweat, and tears, and NOTHING CHANGES.  I'm sorry,
but I don't plan to be the FED's slave or YOURS.

>The first words of the Constitution are "We, the people." We created the
>Constitution. We created Congress. It exists for us, not the other way around.
>We hire and pay for the bureaucracy. They all work for us.

And you'ld like us to hire and pay you too.  

I'm sorry Ross, but although you present a lot of nice-sounding proposals, you
are either oblivious to reality or unwilling to go after those at root of our
financial and political chaos.  Are you afraid that the same thing will happen
to you that happened to JFK when he tried to circumvent the FED?

The FED must go!  VOTE GRITZ!
--
Glenn A. Berg (berg@logan.cass.usu.edu)
Center for Atmospheric and Space Sciences, Utah State University

"We've got one more hill to take... Capitol Hill!" - Lt. Col. James "Bo" Gritz
Newsgroups: alt.politics.perot