I watched with amazement on Wednesday, July 23, 2008, as our three Nevada Representatives in Congress just voted YEA in unison for the so-called “Foreclosure Prevention Act of 2008. ” The official title as amended of this legislation is:

Moving the United States toward greater energy independence and security, developing innovative new technologies, reducing carbon emissions, creating green jobs, protecting consumers, increasing clean renewable energy production, and modernizing our energy infrastructure, and to amend the Internal Revenue Code of 1986 to provide tax incentives for the production of renewable energy and energy conservation.

Do you believe protecting private lenders and people who entered into loan agreements and now need to be bailed out is fair and equitable? I sure don’t. The official title is very fitting considering this piece of legislation is over 700 pages of massive spending and contains more invasions into our financial privacy by the IRS.

Now, I am not blind to the fact that Nevada has an issue with foreclosure. We all saw what was happening here in Las Vegas with skyrocketing home prices, and the speculators or “flippers”, as I like to call them. Did everyone just expect there would be no price to pay for that housing bubble? Everyone did not indulged themselves; the people who did recognize it as an economic bubble steered clear and they are not suffering from the housing market failure. That is until President Bush signs the Foreclosure Prevention Act of 2008 into law, which he will do any day now. Now everyone is going to pay dearly with more national debt, increased taxes, and massive inflation of our dollar. Our children are going to pay for the speculation of investors while they are bailed out, then move right on to their next investment opportunity. I find this a very bad precedent for our nation to set. The companies and people involved in foreclosures should be free to fail as we all are in life. That is their right, just as it is our right not to have to pay for their mistakes and misjudgments in the housing market.

It does not end there with this legislation. You notice the “to amend the Internal Revenue Code of 1986″ in the official title. Well this is the part that really gets me fired up. The bill declares that credit card and other payment processors must report all transactions to the IRS. That’s right neighbor! The IRS wants all your credit card statements to make sure you are not cheating them somehow. Of course the IRS expects an increase in revenue from this amendment. Just as the Economy is tightening on all American citizens, our Federal Government is finding new ways to squeeze us. Also within this bill, the national debt was raised by another $800 billion. The debt ceiling is now set at $10.6 trillion. Note that our national debt was around $5 trillion in 2000, which took over 200 years to acquire.

There are many more scary and wasteful sections in this legislation. Please read it and acquire more knowledge about everything that is wrong with our current representatives in Congress. Neighbors, we need to vote these over-spending big government career politicians out of office now, before it is too late.

Well I had an interesting lunch today! I went home to grab a bite to eat and saw about a 40 people standing on the street outside the Republican Victory Office. They had “Save our Social Security” and “McCain=Bush” signs. I was provoked to go chat with them and see what it was all about. I expected to see some other fellow Republicans talking to them. I did not see anyone; therefore, I decided to go stand up for our Party.

I walked over and asked them what were the issues they had and that I was a Republican and I believe our values can help them. Oh Man! The names that I heard were not nice. There were a few nice people, they were very passionate about keeping their Social Security safe from the hands of our Government’s spending habits. To many people, Social Security is their retirement! I agreed with them that is a huge issue that needs to be addressed. I asked them if they knew how much our Government spends overseas maintaining our Empire. They knew it was a lot, so I asked if they were OK with their Taxes and Social Security being spent overseas to protect other countries. They stated “NO!” Well, I said if that Trillion or so dollars a year stayed in our economy and was spent here in America, you would not be standing here right now. We agreed on that.

I let them know that I oppose many of the action our current leaders have taken, but I do not think more government is the answer. Many of them wanted more oversight on spending. I said how about just “Less Spending.” Congress should not be fighting about where and when to spend the money; they should be asking themselves if they should spend it at all.

I let them know I was currently running against the incumbent Republican Representative, because I agree with many of their issues as well. I explained that I felt if you are “complacent in the reckless spending, then you are complicit in it as well.” I left them to their signs and went on my way.

As I was leaving, I had a nice video taped chat with some other Republicans at a distance from the protest. It was very refreshing after talking with the protesters. I recognized one gentleman as Jon Porter’s staffer; I sure hope he played football in College. I figured I might as well let Jon know about the protesters’ issues, since he could not be there to talk with them. After a few minutes, the staffer seemed more concerned about the perceived split in the Party during our conversation. I stated that I believe “competition breeds participation“, and that is what we need in November. It was a very nice conversation with the camera in my face. I hope they put it on You Tube! They did ask one question, “What are you going to do when Porter wins the Primary?” I said I would be volunteering to get Republicans elected to office, and would try to get others to do so as well. I should have asked what happens when I win the Primary? Oh well I guess we will see how it plays out.­

• In 1929, the Soviet Union established gun control. From 1929 to 1953, about 20 million dissidents, unable to defend themselves, were rounded up and exterminated.
• In 1911, Turkey established gun control. From 1915 to 1917, 1.5 million Armenians, unable to defend themselves, were rounded up and exterminated.
• Germany established gun control in 1938 and from 1939 to 1945, a total of 13 million Jews and others who were unable to defend themselves were rounded up and exterminated
• China established gun control in 1935. From 1948 to 1952, 20 million political dissidents, unable to defend themselves, were rounded up and exterminated.
• Guatemala established gun control in 1964. From 1964 to 1981, 100,000 Mayan Indians, unable to defend themselves, were rounded up and exterminated.
• Uganda established gun control in 1970. From 1971 to 1979, 300,000 Christians, unable to defend themselves, were rounded up and exterminated.
• Cambodia established gun control in 1956. From 1975 to 1977, one million ‘educated’ people, unable to defend themselves, were rounded up and exterminated.
• Defenseless people rounded up and exterminated in the 20th Century because of gun control: 56 million.

Australia gun owners were forced by new law to surrender 640,381 personal firearms to be destroyed by their own government, a program costing Australia taxpayers more than $500 million dollars. The first year results are below:

Australia-wide, homicides are up 3.2 percent
Australia-wide, assaults are up 8.6 percent
Australia-wide, armed robberies are up 44 percent (yes, 44 percent)!

In the state of Victoria alone, homicides with firearms are now up 300 percent. Note that while the law-abiding citizens turned them in, the criminals did not, and criminals still possess their guns!

It will never happen here? I bet the Aussies said that too!

While figures over the previous 25 years showed a steady decrease in armed robbery with firearms, this has changed drastically in the first year of gun control, since criminals now are guaranteed that their prey is unarmed.

There has also been a dramatic increase in break-ins and assaults of the ELDERLY. Australian politicians are at a loss to explain how public safety has decreased, after such monumental effort and expense was expended in successfully ridding Australian society of guns. The Australian experience and the other historical facts above prove it.

You won’t see this data on the US evening news, or hear politicians disseminating this information.Guns in the hands of honest citizens save lives and property and, yes, gun-control laws adversely affect only the law-abiding citizens.Take note my fellow Americans, before it’s too late! The next time someone talks in favor of gun control, please remind him of this history lesson.

With Guns………..We Are ‘Citizens’.
Without Them……..We Are ‘Subjects’.

During W.W.II the Japanese decided not to invade America because they knew most Americans were ARMED ! It was reported that when asked why Japan did not follow up the Pearl Harbor attack with an invasion of the U. S. Mainland, his reply was that he had lived in the U. S. & knew that almost all households had guns.

Goto the link below. Feel free to play with any years and dollar amount you want to enter in this Federal Reserve calculator. But please put in the year 2000 to 2008 with $1.00.

http://www.minneapolisfed.org/Research/data/us/calc/

Results for this Homework on July 1st, 2008 are shown below.


What does this data mean to you?

It means you have lost 25% of the value of your dollar and savings since the year 2000! How does this make you feel? This is one reason why I am running for Congress.

Please send this Economy Homework to your Family & Friends!