Reversalnow: Peter G. Peterson on Debt

Thursday, December 18, 2008

Peter G. Peterson on Debt

USA To Owe More Than All of Us Own

According to recent calculations by the Peter G. Peterson Foundation (PGPF), the sum of America's debts and other financial commitments is about to exceed the collective net worth of its citizens. That means that for the first time in our history, we'll owe more money than all of us have combined.

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Save the Republic

1) Abolish Abortion on Demand.

2) Allow free prayer in Schools.

3) Abolish the Federal Reserve.

4) Impeach Obama. Impeech all who vote for banker bailouts. Try them for thier treason.

5) Abolish the IRS, replace the Tax code with a flat 15% consumers tax.

6) Shrink federal, state and local governments to operate within the 15%.

7) Get out of all free-trade agreements and military agreements with other countries.

8) Close the borders.

9) Stop all usage of federal troops on state soil, except for border patrol. (National Borders-Canada, Mexico)

10) Repeal the Patriot Act, the John Warner Defense Act, and FISA wire tap.

11) Strengthen the right to own and bear arms.

12) Outlaw GMO foods and eugenics advancement. Do this through litigation, and legislation.

13) Abolish the FDA, and replace it with a system that protects us and does not sell us out to the Pharmacutical companies.

14) Get the US out of the UN

15) Over turn the Electoral College election of the President.

16) Stop Cap and Trade. Stop all bailouts.

17) Promote and stimulate small business development.

Revolution Garry

Destroy the Two Major Political Parties

The simpliest way to save America would be to take down the Democrat, and Republican monopoly of the Federal Government. It would take riots in the streets to do this.

We are at the end of America if the globalist sell-outs in Washington are not cast down. The two party dictatorship is evil. So long as they keep control, and the Globalist control them, the US is headed for disaster.

We need to oust all politicians and install patriots.

This of course is problematic, in that in a free society they have the right to be evil, so long as they are not unconstitutional. But they are unconstitutional. They undermine it with lies, and bad law.

But so long as the sheep get thier news on the major news sources they will be sedated with lies, and unable to rise up. The Corporate News sources with only a few exceptions, guide the people into a Martrix of deception. The exceptions I find I post in these news articles on this blog, with my comment.

Free Trade Buzz Words and Agreements

‘Fast-Track’ means authorizing the President to sign trade deals with a single yes-or-no Congressional vote after only limited debate. Supporting Fast-Track implies the speaker supports free trade.

‘Fair Trade’ means placing restrictions on imports based on environmental, labor, or other concerns. Supporting Fair Trade implies the speaker is against free trade.

‘Trade Deficits’ mean that the US imports more than we export to a particular country. Concern over trade deficits implies supporting trade restrictions against Mexico, Japan, and East Asia, with whom the US has large trade deficits.

Agreements:
NAFTA
The North American Free Trade Agreement of 1994 establishes a free-trade zone between the US, Canada, and Mexico.
A ‘free trade zone’ means that goods can cross the border in either direction without tariffs or taxes of any kind.
Canada is the largest trading partner of the US, accounting for over 25% of both our imports and exports.
Mexico & Japan account for about 15% each; Europe combined for about 20%; and East Asia combined for about 15%.
NAFTA passed with some important compromises to protect the environment and labor standards; these are refered to as ‘Side Agreements.’
In 1994, President Clinton invited Chile to join NAFTA as the next step toward a Free Trade Zone for the Americas.
In 2001, President Bush formalized the proposal of expanding NAFTA to a Free Trade Area for the Americas, encompassing 34 countries and 800 million people by 2005.
GATT & WTO
The World Trade Organization is an international organization intended to reduce trade barriers, formed in 1995.
The General Agreement on Trade and Tariffs is the international treaty which preceded the WTO's formation; it began in 1947.
The ‘Uruguay Round’ was the most recently completed round of GATT negotiations, completed in 1994.
Negotiations to start a new ‘Round’ took place in Seattle in Dec. 1999, but were disrupted by riots.
WTO members (which includes the US and most industrialized countries) grant each other ‘MFN’ or Most Favored Nation status, which means minimal import tariffs.

Reversalnow

Thursday, December 18, 2008

Peter G. Peterson on Debt

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