By John Jay Myers at Liberty for All:
It seems like this country has been divided in two, not because Americans are really easily divided into two groups, but because we don’t take the time to realize that we are being divided, and that because of laws put in place by a two party monopoly, we don’t believe we have any other choice.
I think from now on I have to start every speech with one line. We are broke. This country is broke not just in the way our government is run, but seriously financially out of money. When we engage in these big money programs, the money has to come from somewhere. Unfortunately, it is no longer coming from our tax dollars, if it were, this is what you would call a balanced budget. That wouldn’t by the way make the spending okay, balancing the budget is not the end all to our problems.
So where does the money come from? We have to borrow the money, or print the money down at America’s Credit Card the Federal Reserve bank. When people try to justify to poor people that since they don’t pay taxes these programs are a win/win for them, they are not, because they pay the darkest tax of all. When money is printed or borrowed to pay for these programs the value of the money in your pocket loses its value. Most people think a 50% raise in taxes would be out right extortion, but 2 years ago I went to Cici’s Pizza and spent $5 for a buffet and a soda pop, today I go to Cici’s Pizza and it is $7.50 for a buffet and a soda pop. Most poor people have not gotten a raise in the last two years, but they have had a 50% increase in the price of things they commonly buy. This is the worst tax of all and it’s called inflation, it is created by government spending more money than they take in.