The Presidential Debates – Romney Wins Round One!

G’Day!

Finally the American people were able to see both the real Romney and the real Obama on the same stage, at the same time, unfiltered by spokespersons or the biased Liberal Media. The debate was informative and enlightening and a huge victory for Presidential Candidate Romney.

Romney was enthusiastic and passionate, decisive, well prepared, well organized, and armed with better specifics of both his own proposals and those of Obama. Romney was more confident and professional in his delivery, firm but friendly in responding to the questions of the moderator, Jim Lehrer, and those of Obama, and quick to stand up for his principles and to correct the misinformation presented by the President. Romney stood solidly in favor the basic tenets established by our Founding Fathers in The Declaration of Independence, The Constitution, and The Bill of Rights. The most significant of which is a government limited to protecting national security, individual freedoms, private property rights, free markets, and providing fair and impartial justice. In his debate remarks Romney laid out a five part path to future growth and prosperity: Energy Independence, Free Trade, a Balanced Budget, Improved Education, and Tax Reform. I’m in – are you?

On the other hand, Obama was not well prepared, poorly organized (even rambling at times), and appeared uncomfortable in the setting and especially with Romney’s challenges and corrections of his misinformation. He was lackluster, hesitant, and vague in his presentation, repeatedly relying on the familiar “bumper sticker” slogans used during his campaign – “fair shot, fair share, same rules”, “failed policies of the past”, “saved us from the biggest recession since the Great Depression”, etc. How many times do we have to listen to this misinformation? During the debate President Obama looked bored, did not seem to want to be there, and became increasingly uneasy. Obama has not been seriously challenged since the primary against Hillary Clinton and even then the Liberal Press “had his back” as they have persisted in doing since his election. When everyone around you, including most of the Press, fawns over your very presence and you win the Nobel Peace Prize for actually doing nothing other than being elected, it is difficult, especially without a “teleprompter” or agents to spin the issues on your behalf, to be publicly challenged by an opponent who is equally or better educated, has far more experience, and has high religious and moral standards. It makes you wonder just how capable Obama is in serious negotiations with other world leaders? Obama did make it clear again that he believes Big Government, higher taxes, more regulations, less personal freedoms, and more spending are the answer to our economic, fiscal, and debt problems. Do you?

As stated in my last article, “The November Election-A National Intelligence Test for America!”, this election IS the clearest choice between two different visions for America: sound fiscal policy vs. unsustainable fiscal policy, less government vs. more government, more individual and business freedom vs. less individual and business freedom, lower taxes vs. higher taxes, free market capitalism vs. centrally controlled neo-socialism, stronger national defense vs. weaker national defense, private doctor-based healthcare vs. central government mandated healthcare, strong foreign policy vs. weak and apologetic foreign policy, and, perhaps most importantly, more support for The Constitution vs. less support for The Constitution. These are the real issues from the debate and which we will be voting for or against in November. Do not make the mistake of letting Obama’s campaign rhetoric and a prejudiced Liberal Media systematically brainwash and deceive you into failing to think for yourself and to vote for what is right for our county.

As I have stated in previous articles, our nation was established on the fundamental principle that government is the servant of the people, not vice versa. It’s time to take back our country. Vote in November!

The Old Guy PhD

Obammunism – What is “Fair”?

G’Day!

Everyone believes in “Fairness” but what is it? Is “Fairness” equal opportunity to succeed based on your own efforts and decisions, free of government intervention? Or, is “Fairness” government dictated equal sharing of the success of others independent of personal effort and decisions? Consider this, who determines “Fair Share”? Under Capitalism, “Fair Share” is objectively determined by the choices of free people in a free market. Under “Obammunism”, political bureaucrats subjectively and arbitrarily determine “Fair Share” and impose it on the people. Regarding tax alone, what is to protect you from the “Bureaucratic Elite” changing the wealth threshold from $1 million, to $250,000, to $100,000, to $75,000 or lower? If you support Obama’s policies, nothing can protect you from the Government arbitrarily changing “Fair Share” to adversely penalize more and more successful people. If you work hard and succeed in improving yourself and your family, what is to prevent the government from penalizing you for becoming “Rich”? Under Obama, “Fair Share” cannot be satisfied until everyone is economically equal. This is not “The American Dream”.

To our Founding Fathers “Fairness” is our personal “Entitlement” to national security, individual freedom, and free market capitalism with limited fiscally-sound government based on equality of opportunities and private property rights. To President Obama and the Democrats it is “Obammunism”, which is based on the government’s “Entitlement” to regulate and control the American people and businesses to accomplish subjectively determined income and wealth equality. “Obammunism” is achieved through higher taxes, bigger government, forced income and wealth redistribution, expanded welfare dependency, and unfunded entitlements to an unnecessary and undeserved portion of the population. It further requires excessive environmental restrictions on the use of private property, regulations and controls over selected industries, and use of taxpayer funds in the arbitrary selection of industrial “winners & losers”. So far Obama’s big government approach to economic equality has resulted in slow economic growth, a net loss of approximately 4 million jobs, and an energy policy that has killed jobs and leaves American security more dependent on imports of foreign oil. “Obammunism” has also resulted in a 60% increase in our National Debt (from ~$10 trillion to ~$16 trillion) and a huge fiscally unsustainable federal deficit that has exceeded $1.3 trillion in every year of Obama’s Presidency. Erskine Bowles of the Bowles-Simpson Debt Reduction Commission stated earlier this month on the subject of our National Debt, “It is like a cancer. Over time it will destroy the country from within.” Alan Simpson simply referred to it as, “Madness”.

The founders of our great country also believed in equality, the equality of opportunity implemented through personal freedoms, private property rights, and free markets. They believed in minimal government and established a Constitution and subsequent Bill of Rights to guarantee and protect the individual liberties of all citizens from the oppressive policies of the foreign governments from which our ancestors fled in search of a better life. Is it moral or ethical or “Fair” for the government in a land of equal opportunity to engage in wealth redistribution from those who worked hard, made good decisions, and earned their success to those who did not? While nearly everyone believes and supports a reasonable social safety net for the truly needy, the trends since the Great Depression have increasingly been to increase welfare and entitlements far beyond reasonableness and absolutely beyond sustainability.

So what do I believe is “Fair”? What “Entitlements” should we expect from our government? First and foremost, I believe that we are entitled to a President who actually believes and supports the oath of office he declared at his inauguration, which is: “I do solemnly swear (or affirm) that I will faithfully execute the Office of President of the United States, and will to the best of my ability, preserve, protect and defend the Constitution of the United States.”

I believe that we are entitled to a limited government that is business friendly and supports and protects our individual freedoms, free markets, private property rights, sound fiscal & monetary policy, economic growth, and the security and defense of our great nation.

I believe that we are entitled to a limited federal government that regulates and enforces only those activities that cannot be controlled by citizens through either individual freedom of choice under free market capitalism or by State and local governments.

I believe that, except for essential government services, we are entitled to keep what we earn and that wealth redistribution for the goal of economic equality, excessive welfare, and unsustainable entitlements is “Unfair”, unethical, and destructive to economic growth. I further believe that tax reform is essential. (See “Fiscal & Debt Crises – Tax Reform Essential!”)

I believe that, as the Founding Fathers intended, we are entitled to a government that protects our right to use our private property as we wish as long as it does not endanger or encroach on the value of our neighbor’s property AND that we should have the right to use our private property free of unnecessary environmental control and regulation by administrators.

Finally, I believe we are entitled to a President that supports and protects the rights of ALL American citizens and does not promote policies intended to enhance reelection prospects by dividing the country by income, gender, ethnicity, religion, political party, sexual orientation, or race.

Under Obama, our exceptional nation is on the precipice of a fiscal catastrophe and terminal decline in the world. It is not yet too late to correct the Obama’s neo-socialist trend for more taxes, more spending, bigger government, slower economic growth, and eventual collapse under a mountain of unsustainable debt. Throughout history, no nation has been able to sustain excessive spending by taxing, borrowing or “printing money” as a way out of fiscal insanity. All have failed. It is time for America to wake up and realize where this “Amateur” President is taking our country. Study the issues and vote accordingly in November.

The Old Guy PhD

Personal Responsibility – What Happened to Our Pioneer Spirit?

G’Day!

It is obvious that the current members of The Democratic Party did not create our great country. They would never have taken the risks and hardships of crossing the Atlantic and relying on their own abilities for survival without an established government “socialized safety net”. So what has happened to the original American “Pioneer Spirit” of personal responsibility and risk-taking, free of government interference and control? Why have so many of us allowed ourselves to be deluded by lawyers and politicians into believing that the government or “someone else” is responsible for our personal security, retirement, healthcare, employment, injury, or any problem that we face? Why is America becoming a European-style socialist “nanny” state at the same time Europe is finally realizing that unconstrained collective socialism not only does not work but also restricts economic growth AND is ultimately unaffordable? Greece and Portugal are current examples and others may follow. IT IS NOT POSSIBLE FOR THE GOVERNMENT TO SOLVE EVERY PROBLEM OR TAXPAYERS TO PAY FOR EVERY DESIRABLE SOCIAL GOAL OR ADDITIONAL REGULATION OR BUREAUCRACY OUR POLITICIANS WANT! Solving every social issue through additional taxation and government spending is neither affordable nor achievable and only retards economic growth and wealth creation for all. Wealth is not created by taking from those who earned it and giving it to those who did not.

Our pioneer ancestors came to this country searching for freedom from many different oppressions and the opportunity to build independent productive lives free from excessive government control and interference. Our ancestors accepted total personal responsibility for any risks they took. They understood that, whatever the outcome, their future and the future of their families were based on their own decisions and how well they made and executed them. Millions of immigrants have come to our country for the “opportunity” and not the “guarantee” of a better life. We need to rekindle this spirit in our country, get government off our backs, and retake personal responsibility for our lives.

For well over our first century as a country, we experienced essentially free markets and constitutionally protected individual liberties, which were largely free of federal government controls. We experienced problems but grew and prospered into a great nation. Major federal government intrusion in our commercial and personal lives really began with the passing of Constitutional Amendment XVI in 1913 authorizing direct federal income taxes. In 1913, federal government spending was less than 3% of GDP. From that year forward the size of our government and its control over our lives and commerce has inexorably increased over time, especially under F. D. Roosevelt’s “New Deal” in the ‘30s, Johnson’s “Great Society” in the ‘60s, and in this century Bush II’s “Prescription Drug Program” and Obama’s “Healthcare and Financial Regulation”. Except for WWII, the current size and scope of government spending has never been as high as it is now under the Obama Presidency at approximately 25% of our GDP! Just since Obama was elected, Federal Government ANNUAL spending has increased from $2.9 trillion to $3.8 trillion, the ANNUAL deficit increased from $500 billion to 1.7 trillion, and our total National Debt has increased by 40% from $10 trillion to $14.3 trillion! The Democrats in Congress have not passed a Federal Budget for over 800 days and have so far rejected all attempts this year by the Republicans to pass one for next year! To paraphrase Bill Clinton during the 1992 Presidential campaign, “It’s the Spending, Stupid!”

In July, my post highlighted the fact that our Founding Fathers risked their very lives, not just reelection, with “The Declaration of Independence”. Eventually, a new nation and a new government, unlike any other in history, were born based on their courage, vision, and desire to preserve this spirit of independence and freedom and to protect it for future generations. Our Founding Fathers were incredibly wise and shortly after gaining our independence from England, realized the potential flaws inherent in pure democracy, and created a written “Constitution” and subsequent “Bill of Rights” establishing the role of federal vs. state government, protecting the rights and freedoms of individual citizens from the government, and establishing appropriate mechanisms to amend the Constitution as necessary without destroying it from within.

Where are we today? We have an emerging “nanny-state” in which many believe that anything bad that happens is NOT personally their fault and it must be the fault of “someone else” or the responsibility of the government to correct. In other words, we are giving up personal freedoms and responsibilities and becoming a nation of dependency on government. Our ancestors would be appalled! The government cannot and should not try to protect us from all misfortunes or bad decisions we make ourselves. Historically, Americans don’t want or need a “handout”; they want an opportunity and the freedom to get a “leg up”. Today, only the Republicans, especially the “Tea Party”, are even attempting to risk reelection by taking a long-term view of our country’s needs. They are actually proposing fiscal solutions to correct the spending disaster that our governments have imposed on us. So what has been the “Tea Party’s” reward for standing up for what is right? They have been the subject of malicious vilification by the Obama Administration, Democrats, and segments of the media and have even been called “Terrorists”! Unbelievable! The Tea Party members are currently our true “Patriots” and should be praised for refusing to accept the short-term and totally inadequate fiscal “Band-Aids” proposed by the Democrats. Instead of addressing our long-term problems of unfunded and unsustainable entitlement programs, the Obama Administration and Congressional Democrats are ignoring the problem and are attempting to blame the Tea Party for our economic and political problems. The Administration and Democrats are not only continuing their failed policies down this path of national destruction but also seem to be intent on accelerating its speed of decline. More Liberal Madness!!

So what should be done to halt the increasing culture of dependency on the government and return prosperity and growth to the people and to our country? Our government must set priorities within “Capped” budget constraints (see “Is a Balanced Budget Amendment Necessary?”) and make rational cost-benefit trade-offs before commitments to any new or continuing government socially/politically motivated programs and bureaucracy are approved. For starters, every new law or program should have a built-in “Sunset Clause” specifying that it must be reapproved by a set date or it is terminated. As detailed in “Yes, We CAN Grow the Economy and Create Jobs!” at least six specific actions could and should to be taken: 1) Stop/Minimize non-essential regulations, 2) Have a business-friendly government, 3) Reduce tax rates, especially on business, through tax reform, 4) Enact an energy policy that encourages rather than discourages development of domestic sources of traditional energy, 5) Fix the fiscal and debt crises by cutting government spending, revising entitlements, and increasing tax revenues through tax reform, and 6) Pass the three pending Free Trade bills and expand them to include other trading partners. More is possible but this would be a good beginning.

In short, we need to return to the principles of a constitutionally limited government and individual freedoms created by our Founding Fathers. Returning to our fundamental principles of individual freedoms, free markets, sound fiscal and monetary policy, economic growth, and limited government is the proper course of action. The government should get out of the road and let entrepreneurs and businesses generate the economic growth, job creation, and increasing wealth of which they are capable. Let’s get to work!

The Old Guy PhD