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To: cva66snipe
The federal debt cannot be compared to consumer debt or even the debt of a business. Consumers and businesses almost always borrow money based on their credit worthiness. Lenders look at your credit score or the businesses D&B, etc.

These kind of methods are not used when it comes to the federal government. One might argue that if such methods were used that the federal government would not be able to borrow a dime. But alas, unlike you and I the feds can not only manufacture money they can manufacture debt and increase their receivables (taxes/fees) whenever they want without a care of what the market bears. That's a scary combination.

Stopping foreign aid would reduce cash outlays, cash outlays which we stupidly fund with borrowed money. Along with stopping foreign aid, since the federal government owns about a 1/3 of all land in the US (50% of California for example) it would be a great idea to sell some of the land and assets the feds own. Selling federal land assets would bring in a lot of money and also more income for the states since federal land is not taxed.

If along with this we impemented the Fair Tax plan we would have a booming economy. "Booming" would not even describe it.

But none of these kinds of things will be done because people in control in Washington don't want to lose the power they have to jack with the rest of us.

47 posted on 04/17/2007 6:45:03 AM PDT by isthisnickcool (Hey mister, can you spare a carbon credit?)
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To: isthisnickcool; cva66snipe; The_Eaglet
Along with stopping foreign aid, since the federal government owns about a 1/3 of all land in the US (50% of California for example) it would be a great idea to sell some of the land and assets the feds own. Selling federal land assets would bring in a lot of money and also more income for the states since federal land is not taxed.

A fine idea.

If along with this we impemented the Fair Tax plan we would have a booming economy.

The FairTax -- already publicly endorsed by Ron Paul.

It's not his main issue (he wants to keep the focus on Cutting Federal Spending), but he has already publicly declared on National TV that, as President, he would "absolutely" sign the FairTax into Law because he has always promised his constituents he "would do anything, anything, in order to eliminate the Income Tax".

Moving on that public endorsement of the FairTax, I went ahead and set up a conversation between Penny Langford (Ron Paul's Political Director) and David Polyansky (Chief Operating Officer of Americans for Fair Taxation, FairTax.Org). I haven't yet talked to Penny to find out the outcome of those conversations, but it is my hope that some good Press Releases may come out generating good publicity for both Ron Paul and the FairTax!

I'll let you know as soon as I hear anything. (I'm not a "big political insider" or anything, just a private citizen with a few good contacts).

Best, OP

49 posted on 04/17/2007 6:59:18 AM PDT by OrthodoxPresbyterian (Please Ping or FReepMail me to be added to the Great Ron Paul Ping List)
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To: isthisnickcool

I agree with what you’re saying. The government is the largest holder of acquired property. Unfortunately much of it was taken for Unconstitutional purposes even as an agent for private corps to steal land. Which brings us back to the point someone made the government becomes the master to whom it owes. In doing so it enslaves us.


78 posted on 04/17/2007 10:08:58 AM PDT by cva66snipe (Kool Aid! The popular American favorite drink now Made In Mexico. Pro-Open Borders? Drink Up!)
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