Monday, March 16, 2009

You Support Fed. Gov. With More Than Half Of Your Income

This is from Ron Paul's website:

"The real issue is that the overall budget is too big, by far, which is why I always vote against it. But attacking the 1 percent that was earmarked solves nothing. The whole issue is a distraction from the real problems we face, which are that the Federal Government will absorb over 1/3 of our country’s GDP this year and taxpayers are forced to fork over more than half their income to fund government at all levels. On top of that, the national debt is $11 trillion, which is $36,000 per citizen. The recent increases in bailouts, government spending and money creation is going to hobble our economy for decades. We must curb the government’s appetite severely if this country is ever to thrive again. The noise over “earmarks” is a red herring and a distraction from the real issue of uncommitted spending."

"It is time to attack the entirety of government spending. We especially need a full account of the activities of the Federal Reserve that spends and creates trillions of dollars with no meaningful oversight. This is a huge problem that needs immediate attention."

you can read more on this at:
http://www.house.gov/htbin/blog_inc?BLOG,tx14_paul,blog,999,All,Item%20not%20found,ID=090316_2757,TEMPLATE=postingdetail.shtml

More interesting articles
Also: "Is spending the answer?" http://www.house.gov/htbin/blog_inc?BLOG,tx14_paul,blog,999,All,Item%20not%20found,ID=090302_2706,TEMPLATE=postingdetail.shtml

Also: "On Transparency of the Federal Reserve"
http://www.house.gov/htbin/blog_inc?BLOG,tx14_paul,blog,999,All,Item%20not%20found,ID=090223_2687,TEMPLATE=postingdetail.shtml

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