Fellow Patriots!
Good day and welcome to our Tea Party! Let me begin with a quote from Thomas Jefferson: "When governments fear people, there is liberty When the people fear the government, there is tyranny .."
In our Tea Party today, we let our government know that we do not fear them, and that we taxpayers will do whatever it takes to preserve our freedom.
I was asked to talk today about the massive expansion of government spending and taxation. I'll explain why you should take care of it, and how much of a threat, it is on the way of life.
Let's check implemented by the federal government recent spending programs:
$ 700 billion for TARP · I
· $ 750 billion for TARP II
· 819 billion $ for the stimulus bill
· $ 410 billion for the omnibus spending bill (with 9000 earmarks for special interests)
· $ 3.6 trillion over the annual budget
And that's just the national expenditure! At the recent G20 summit Obama America is committed to large overseas spending, including:
- $ 1 trillion to the International Monetary Fund and the World Bank
- $ 845 billion for the Millennium Development Goals of the United Nations in the United States as global poverty law, known here
- called Maybe more trillions for a foreign aid program SDRs
- maybe trillions more on the initiatives of the UN climate Change Conference
the good news is that the G20 not yet approved overseas spending proposals by Congress. The bad news is that the Congress of Nancy Pelosi and Harry Reid is controlled.
message is the worse that none of this money really exists! Here are a few startling facts to put this spending proposals in perspective:
· The government debt at the end of Obama's first term will be greater than our entire gross domestic product.
· If you spent $ 2 million US dollars every single day during each year of the birth of Christ until today, you will have planned as much as Obama's budget deficit for the coming year is not output.
· If all debt of all the presidents from George Washington to George W. Bush in the course of 234 years adds accumulated, Obama proposed debt exceeds that amount in just its first four years.
· And here is the one that should scare to death every taxpayer: If the government is on their finances as a private enterprise, its true deficit actually $ 65000000000000, which had to be considered on the GDP of the entire world. This is because future obligations such as Social Security and Medicare benefits liabilities are completely unfunded. There is not a single cent for these programs is stored, but we are already committed to the expenditure.
So what do we get for these trillions and trillions of dollars? Here is a small selection:
· We are not for the trillions get Obama has pledged to spend on UN and IMF initiatives, except perhaps in other countries can accept Obama's apology for American arrogance.
· We will make a $ 634 billion down payment on nationalized health care, for which we obtain the rationing of services and very healthy illegal immigrants.
· We will get 32 new ministries at a cost of $ 136 billion. This really is:
- 32 new buildings in Washington
- 32 new employees from paper pusher
- 32 new tons of rules and regulations
- 32 more bureaucratic attacks on our freedom
- 32 other agencies that will never die, when Reagan was right government bureaucracies, the next thing to be eternal life, what we have
· States 60000000000 $ receive increase their welfare expenditures, for which you'll be billed by your state or local government, if the stimulus emanates money.
· 60.7 million people who do not pay federal income taxes, receive a tax credit from the government. Speaking in plain English, this means that they get welfare. Illegal aliens for this loan into account.
· AIG got funds $ 180 billion in bail-out, of which the Societe Generale, a bank in France passed $ 11.9 billion was; $ 11800000000 to the German bank in Germany; and $ 8500000000 to Barclay, a bank in England. I wonder if any American taxpayer a "thank you" card get it. Perhaps Obama will bow to the leaders of these countries on his next visit.
· ACORN will receive $ 750 million that could still get more election fraud us than what is ACORN currently loaded in 14 States.
· We are more of Big Brother in the form of 40 million smart meters obtained to control the energy consumption in our homes.
· We will get 600,000 more federal, state and local government employees.
· One thing that you could not get tax deductions your 401 (k). House Democrats are looking for this as cost savings measure for the elimination.
let honest. This expenditure programs are not boost over the economy. In fact, reported the non-partisan Congressional Budget Office that Obama's stimulus plan would hurt the economy in the long run, as if he has done nothing. No, these programs are "taking advantage of the crisis to take" as Hillary, Barack and Rahm have told us. You are about to spend an avalanche of money on the pent-left agenda. Instead of wasting a crisis, they will be wasting your money:
· increasing the size and scope of government
· Transferring wealth from the Have of the Habenicht is
· the Punishing coal , oil and automotive industries, while the "Global Warming" windmill windmill ~~ POS = HEADCOMP jousting
· Rewarding unions, teachers' unions and government unions support for the Democrats
· control of the banking and financial system of the United States
· And nationalizing health insurance
But what is spent more frightening than our money on this openly socialist agenda is the question of where the money will come from.
The federal government is financed in three ways. go all three of them to drain your wealth, the wealth of your children and the wealth of your children kids. Here are the three ways our government is financed:
· First, the government is financed by borrowing money (this assumes that the Chinese and other foreigners want to continue lending to us, which is in doubt ):
o the problem is that we have to pay to the debt still interested. This is a massive time bomb, especially when inflation kicks and interest rates skyrocket. A $ 1500000000000 charge $ 15000000000000 government debt at 10% interest per year in interest payments. This will be paid for with taxes. Assuming that there are 100 million taxpayers, everyone needs every year $ 15,000 in taxes only pay interest to cover!
- Secondly, the government is financed by collecting taxes:
is -The problem is that even if the government confiscated make 100% of the income of each $ 75,000 or more, it would hardly be enough planned expenditures to cover for the year 2009. It is clear that the government must come to the middle class to pay for their spending spree.
- Third, the government will cover by creating inflation financed, which can not be borrowed or taxed:
- The problem is that the money that prints the government is used by the government to cover the deficit obtained during your assets devalued as a result. It is just another form of taxation which concerns every individual.
If you liked the Jimmy Carter years, you'll love where we are headed under Obama. Here our economic scorecard in 1980 was that Carter was the last year in office:
· Interest rates were at 21%
· Inflation was at 13%
· Unemployment was at 7 %
· The combination of these causes us to invent a new word: "stagflation"
after four years of Obama's spending and tax policies, I fear our economic scorecard as Carter will look - or worse.
It is interesting that the Republican Senator Judd Gregg of New Hampshire turned Offer from Obama to be Commerce Secretary. He did this because he had no confidence in Obama's economic policies. In fact, here is what he had to say about Obama's Budget:
· "This budget represents a clear and present danger to the financial health of our country."
· "This plan spends too much, taxes too much and borrows too much."
· "It is a massive expansion of debt, an unsustainable level of spending and a deficit-generating machine that is the country bankrupt."
Ronald Reagan told us that "A government big enough to take away from large enough to give us everything we want is a government everything we have."
Margaret Thatcher told us that "The problem with socialism that you eventually run out of other people's money."
Embarrassingly, we are warned of the former socialist countries, to avoid the same mistakes that they made.
· The Czech prime minister called the US economic stimulus package the "road to hell".
· Russian President Vladimir Putin warned "Excessive intervention in economic activity and blind faith in the omnipotence of the state is a mistake."
· Even Communist China warned the US not to devalue the dollar through reckless government spending.
What happens in Washington threatens America from a constitutional republic of limited government and free and independent citizens to change into a European socialist state, which is the whole world in our bank accounts chain. Our government is getting more burdensome than the autocratic British monarchy, against which we rebelled two centuries ago.
Thomas Jefferson warned us that "The natural progress of things is for liberty to obtain and to win government at the ground."
His warning is urgent for us today. We are at a dangerous turning point in our democracy. Approximately fifty percent of eligible voters do not pay federal income taxes and the remaining fifty percent. Once the ratio for us taxpayers is unfavorable, we will be exposed to a choice majority, which could choose simply to agree to our wealth away. We start now happen to see with Obama, Pelosi and Reid a trillion here and a trillion there to spend.
I am here before you today as average American taxpayer because I take a stand.
I am for the American values of freedom, the rights of individuals done apologetically and private property. The US Constitution and the Declaration of American Independence are the two main political documents ever written.
I am ready to believe that we have to surrender our rights for our political system to work. It can seek no compromise with my life, my freedom and my right luck. There may be with the socialists and radicals in Washington no compromise.
It's time to take a stand to make our voices heard, to challenge our leaders and refuse to back down. The 2010 election cycle is our chance, another shot around the world to start just like the shot heard around the world that the American patriots launched in 1775 in Lexington Green in Massachusetts heard.
We taxpayers have to become activists! The radicals who have taken over the federal government a strong grassroots organization. With groups like ACORN, Media Matters and MoveOn.org, the radicals have the voting booths with armies of "victims" flooded, which is in the hope of democratic vote to get all their needs and desires to the American taxpayer of leeching met.
We now need for our country to get up this socialist threat and confront! If Obama, Reid and Pelosi nor this country eight years running from now, the American way of life is irretrievably lost. The programs that they will implement every day in Washington to be almost impossible to reverse. Once nationalized health care is fully implemented, there will be no undoing it. Once illegal immigrants waved across the border and given free education, health care and other benefits, it will not be it's undoing.
Vice President Joe Biden tells us that "it is our patriotic duty to pay more taxes." I say that it is our patriotic duty to remove this tyrant from office!
It's Tea Party time!
Thank you!
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