In the wake of massive government
bailouts, ever increasing power from the Federal Reserve Board, the
Treasury, and the Federal Government in general: one might ask how we
got here, and how we are going to get out.
Manipulation of our economy by The Fed, and intervention by the Government is the problem, not the solution. The Federal Reserve prints off our money with NO BACKING. It's backed on your faith in the Federal Government and the National Debt.
More and more families are getting kicked out of their homes every day, yet Big Banking, Big Auto: these are worthy of government intervention, but you are not. Not only that, but our children and your children's children will be forced to foot the bill.
I
would not
support any government bailouts, and it is time we take our economic
knocks like adults, and after we deal with the fall out, and not make
the same mistakes again. I would refer you to the Depression of
1920. It only lasted 18 months. Do you know what the
Federal Government did to end it? Nothing. They
did not create spending programs, raise taxes, bailout companies,
nothing. They did, however, cut the Federal Budget by 50%.
18 months; think on it.
We must localize our economies to protect against a coming economic crisis.
A Google search on "Austrian economics," "Ludwig von Mises," or
"Rothbard" should also prove helpful.
Gold and silver have always been sound hedges against inflationary monetary policy. I would ardently suggest the people of WV to begin to buy gold and silver. Silver is my precious metal of choice. Bars, rounds, or pre-1964 US Coinage (excepting nickles, which only contained silver during the years of WWII) are all good bets, in my estimation.
Congress has the power to coin and regulate the value of money. Why has Congress given that authority, something the Constitution does not authorize, to a privately run Central Bank?
We need local, alternative currencies and regional currencies. If the dollar isn't doing it for us, someone else should. Local currencies are legal (they are considered taxable income), as long as they are paper and not coins. It's not a 100% fix, but it's a start.
Local currencies will help buy local goods and services, which in turn create market environments which can bring about local jobs. Would you rather pay your neighbor to grow apples, or some huge corporation that imports its food from China?
WV literally hemorrhages money as we pay for out-of-state goods and services, and if we can begin a cycle of local economy, local prosperity will follow. You see stickers at co-ops and farmers markets that say, "Buy Local." This is a great idea, and we must do so to protect ourselves from the coming crisis. A small study in peak oil will show you that the next 20 years will be nothing like the last 20 years. We must take action now to protect ourselves.
- Back our currency with a solid commodity.
- Repeal the Federal Reserve Act, and have Congress coin and regulate the currency.
- Legalize gold and silver barter in economic exchanges.
- De-regulate protected fields (law, medicine, etc.)
- State level tax cuts for everyone, esp. the working poor, and the working class.
- State level SPENDING cuts to make the tax cuts possible.
- Foster localized economies, creating cycles of prosperity. When you buy your vegetables from your neighbor, and your meat from another county in WV, we save money and increase local prosperity.
- Localize, localize, localize.
