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Citigroup eyes options including merger
NEW YORK (Reuters) - Citigroup Inc lost more than one-quarter of its market value on growing worries over whether it has enough capital to withstand billions of dollars of potential...
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Fed's Bullard: U.S. spending slump to sap 2009 growth
EVANSVILLE, Indiana (Reuters) - St Louis Federal Reserve President James Bullard said on Thursday that financial market turmoil has collapsed U.S. consumer confidence and this would weigh on growth well...
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Oil falls over $1 on demand worries
SINGAPORE (Reuters) - U.S. crude oil dropped more than $1 a barrel on Friday, falling for sixth straight sessions as more distress for the global economy threatened to eat further...
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NY City securities workforce down to Sept 2005 level
NEW YORK (Reuters) - New York City's securities companies shed 16,000 employees in October, measured on a year-over-year basis, pushing the total work force down to a level last seen...
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Democrats demand U.S. Big 3 offer survival plan
WASHINGTON (Reuters) - Democratic congressional leaders, seeking to salvage a bailout of the Big Three automakers, demanded executives provide a business survival plan in exchange for their support of up...
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S&P dives to lowest level since 1997
NEW YORK (Reuters) - Stocks plunged yet again on Thursday, as a frantic flight from risk prompted by investors' deepening economic fears drove the benchmark Standard & Poor's 500 index...
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Marsal to lead team of over 600 at Lehman
NEW YORK (Reuters) - Bryan Marsal, currently chief restructuring officer of Lehman Brothers Holdings Inc , will take over as chief executive of the bankrupt investment bank after the close...
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Paulson defends handling of U.S. financial crisis
SIMI VALLEY, California (Reuters) - Treasury Secretary Henry Paulson on Thursday defended his handling of the financial crisis but refused to say whether any further help will be offered to...
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Dell profit tops Street view, shares rise
SAN FRANCISCO (Reuters) - Dell Inc, the world's No. 2 PC maker, posted a better-than-expected quarterly profit on Thursday as cost cuts offset lower revenue, sending its shares up about...
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Fannie Mae, Freddie Mac suspend some foreclosures
NEW YORK (Reuters) - Fannie Mae and Freddie Mac, the two biggest U.S. home loan finance companies, on Thursday said they would suspend foreclosures of occupied homes until early 2009,...
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Written by Ray Stone
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Tuesday, 22 July 2008 00:00 |
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Do You Want a Stronger America?
Critics of the U.S. Constitution claim it needs to be changed and reinterpreted to reflect the modern world, and that our current adherence to the document is holding our nation back. These individuals overlook an important fact: we have not been following the Constitution or recognizing the restrictions it places on the federal government, but we would be better off if we did. For if we were to strictly adhere to the U.S. Constitution, limiting the power of the Federal Government and avoiding foreign occupations, our country would be stronger and safer. Let’s examine some issues facing our country and see how following the Constitution can help American citizens solve these problems, while deviation from Constitutional limitations serves to exacerbate them.
We will have a stronger America with a constitutional foreign policy.
We should bring our troops home from Korea, Germany, Kosovo, and the 125 other countries they occupy. Article I, Section 8, of the Constitution grants Congress the power to declare war and to call forth the militia "to execute the Laws of the Union, suppress Insurrections and repel Invasions." Nowhere in the Constitution is it written that the president has the authority to call forth the militia to preempt a perceived threat.
But some say: “We need to fight the terrorists ‘over there.’”
An average of 28 al Qaeda attacks occurred worldwide, per year, before 9/11. Since our invasion of Iraq, there has been an average of 200 attacks annually, worldwide—not including the thousands of attacks in Iraq.
Some say: “Yes, but, they haven’t hit the U.S. since we invaded.”
Al Qaeda leaders wait patiently to attack until the time is right. They waited nearly a decade between the 1993 World Trade Center bombings and the 9/11 tragedy.
If the U.S. were attacked now, we would not have enough troops to defend our country, because we are spending $1 trillion a year to baby-sit the civil war in Iraq, and to occupy 130 bases around the world. 1
We will have a stronger America by eliminating unconstitutional federal departments.
Eliminate no-value and low-value major departments, such as Homeland Security and the Department of Education.
Some say: “Homeland Security keeps us safe, and the Department of Education makes our schools better.”
Since its creation in 2002, Homeland Security has done nothing to fix our porous borders. In a test of border security, federal agents were able to smuggle the materials needed to make two dirty bombs across both our northern and southern borders. 2
Since the Department of Education was created in 1980, test scores have consistently dropped, relative to the scores of other nations. The Department of Education’s No Child Left Behind Act has taken control of school curriculum and testing away from local municipalities and given it to Washington.
We will have a stronger America with a constitutional currency.
The U.S. government should print its own money, backed by gold and silver, and abolish the Federal Reserve.
Some say: “I don’t care where my money comes from.”
Contrary to popular belief, the Federal Reserve is not a government department. It’s a system of large private banks that loan their own money to United States citizens. The private banks make billions in interest by perpetuating this fraudulent system.
Printing money in this way, and increasing the number of dollars in circulation also creates inflation, raising costs while devaluing savings. If inflation increases to 8% next year, $100,000 in savings will be worth under $93,000.
We will have a stronger America with a constitutional federal budget.
Our U.S. government must pay down its $9 trillion debt.
Some say: “The United States has always carried national debt.”
Our current debt is the largest of any country in the history of the world. Your share of this, and that of every citizen, including every baby being born, is $30,000. A full 20% of the revenue from income taxes—the taxes you and I pay every April 15th—is applied solely to the payment of the interest on this national debt.
Some say: “Can’t the U.S. write off its debt, or simply default on it?”
U.S. citizens own 50% of the debt, while foreign countries such as China and Saudi Arabia own the other 50%. If we default on the domestic debt, the millions in savings bonds held by Americans would become worthless. If we default on the foreign debt, China and Saudi Arabia can legally seize United States assets around the world.
Elected officials who are sworn into office to follow the Constitution and then propose and vote for unconstitutional laws should be replaced. Let’s take back our political parties, our government, and our country. Let’s find candidates who respect the law of the land and help get them elected to offices at all levels.
1 U.S. Congressional Report: January 31, 2008
2 GAO-06-940T: July 6, 2006 |
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