Bankrupt?

2009-07-30T14:20:00.000-07:00

Too many people have lost it all in the past eight months.

1. They have lost their credit standing.
2. They have lost their automobiles.
3. They have lost their homes.
4. They have lost their life savings.
5. They have lost their inheritance.
6. They have lost their "play money".
7. They have lost their ability to pay for college.
8. They have lost their will to try.
9. They have lost their jobs and incomes.
10. They have lost their courage.
11. They have lost their belief in the American Dream.
12. They have lost their trust in government.
13. They have lost their faith.
14. They have lost their compassion for their neighbors.
15. They have lost their sanity.

And on and on and on...

Too many left-wing socialistic political pundits lay blame on the Free Market System and Capitalism as the culprit for their problems.

1. They offer government as the solution for their job.
2. They offer government as the solution for their health care.
3. They offer government as the solution for their incomes, savings, and "play money".
4. They offer government as the solution for their energy needs.
5. They offer government as their personal and economic savior.

And on and on and on...

Too few recognize the facts that government taxation and regulation of the Free Market System created their economic problems.

1. The Federal Reserves manipulation of the discount rate has destroyed the ability of banks to provide low cost credit for eligible borrowers.
2. The Federal Housing Authority through the Community Reinvestment Act caused an artificial price hike in the cost of housing.
3. The federal government's fictitious free trade policies and punitive regulatory requirements for domestically produced automobiles destroyed two American industrial icons.
4. The federal governments taxation of American produced goods coupled with fictitious free trade policies created industrial outsourcing and massive blue collared unemployment; a loss of medical insurance, savings, tax revenues and personal retirement accounts have bankrupted the American Dream.
5. The federal government has purposefully destroyed the Capitalist Free Market System in America.

Alabama can and will bring back Free Enterprise. We can and we will attract higher paying jobs, increase the potential for personal wealth and secure economic prosperity for every Alabama worker. We need smaller government.

Smaller government will bring back our outsourced industries and our jobs.
Smaller government will increase personal income.
Smaller government will recreate innovative entrepreneurship in Alabama.
Smaller government will increase state sources of revenue.
Smaller government will protect personal freedoms.
Smaller government will provide higher quality goods and services.
Smaller government will lower consumer costs by increasing producer competition.