CAPITALISTISM CAN RAPIDLY RESTORE THE ECONOMY IN AMERICA
20 Good Creative Capitalistic Ideas to Solve The Current Economic Crisis in America:
by Phil Pantana
1. Pass the Fair Tax Plan (H.R. 25/S. 1025); all American citizens and non-citizens alike pay a consumption tax rate of 12% on all new and used goods purchased; change the tax laws to replace the IRS and repeal the 16th Amendment; repeal the Inheritance Tax; Death Tax; and Marriage Penalty Tax.
2. Repeal the Social Security Act signed by President Franklin Roosevelt in 1935; privatize Social Security for all new 9 digit card holders; privatize Social Security for citizens already in the system who volunteer to transfer their account
3. Repeal NAFTA [North American Free Trade Agreement] which took effect in 1994. The data clearly shows the damage NAFTA has done to millions of jobs and people living in the U.S., Mexico and Canada. This will allow more Americans to start small businesses and build companies that produce goods. It will bring lost jobs back to America. The tag “Made in the USA” needs to appear on more U.S. goods.
4. Repeal all minimum wage laws because they prohibit employers from paying their workers below a certain amount. Such laws “help” poor people by making it illegal for unskilled workers to get jobs. Companies, businesses, corporations should not be forced by the government to pay a set minimum wage to any employee on any job level. This is out of the playbook of Keynesian economics, which denies biblical economic law and the principles of the free market system and Capitalism. John Maynard Keynes was a defunct economist. Keynes argued that the government should adopt policies of deficit spending, progressive taxation, and the manipulatio of interest rates.
5. Enforce free and fair trade practices with balanced ratios for all trading nations; “Mirror Trading†reflects the principles of “Tit for Tat†in trade practices. End all unfair and imbalanced trading practices.
6. Declare a national emergency to immediately begin drilling for oil in Alaska; ANWR, off shore; shale oil; in all the lower 48 states where oil exists; suspend all needless EPA requirements and delays in the application process; expedite building 25 new oil refineries in 25 states of the lower 48 states; suspend all unnecessary EPA requirements that obstruct the application for building oil refineries
7. Declare a national emergency and begin building 50 new nuclear power plants, one in each of the 50 states; build more clean coal liquid gas plants; suspend all EPA obstructionist regulations in the application and construction stages
8. Repeal the 2008 Bailout act; privatize all banks and lending institutions including Freddie Mac and Fannie Mae and Sally Mae, etc.; Capitalism, not socialism.
9. Require a balanced Federal Budget in 2009; close all loopholes for special interest lobbyist groups; stop endless subsidizes, pocket liners, “earmarks†and “entitlement†programs.
10. Cut the number of unnecessary and redundant government programs and personnel employed by the Federal Government by 1/3.
11. Secure America’s borders and end all illegal immigration; stop all subsides for illegal immigrants: jobs, social security, education, ambulance service, hospitalization, health care, medicine, low-interest housing loans, food stamps, or prison; pass H.R. 768 making the English language the official language of the United States and all territories.
12. Today we have 800 military bases in 140 countries around the world; reduce the 800 military bases to 500; close the 300 bases that are absolutely not necessary to maintain our national security interests.
13. Privatize all levels of education in the several states and give private vouchers where needed (cost: $16 billion); repeal the Department of Education Organization Act of 1979 (Public Law 96-88) started by Jimmy Carter; privatizing government schools will result in a $316 billion tax cut; let American keep $300 billion of their own money to build their families as they see fit. Education is the responsibility of parents; Each of the 3,143 Counties, Parishes and Independent shall operate schools under the supervision of a local school boards and parents to teach math, science, and true American history.
14. Enact a Life at Conception Act [H.R. 618]; no subsidization of abortion or funds to Planned Parenthood
15. Decrease Corporate Average Fuel Economy (CAFE) standards to increase the delivery of gasoline to gas stations and reduce the over-the-top EPA emission standards for new automobiles.
16. Repeal the 1990 Clean Air Act and all so-called Global Warming greenhouse gas emission standards; reduce extreme EPA standards that prohibit business growth and remove the “endangered species†list of bugs, birds, fish, and animals.
17. Repeal the multimillion-dollar agriculture subsidies program for large farms that hurt small family farms and raise food costs; stop subsidizing corn ethanol; instead, grow Brazilian Elephant Grass for Biomass as an alternative energy source and grow hemp as a cheap alternative to oil and gas; produce biomass energy from plants which absorb the sun’s energy.
18. Phase out the current Federal Welfare System; encourage job growth, hard work and savings; the policies of redistribution of wealth only multiply the problems of the poor. This is the responsibility of the family and the church. The redistribution of wealth is socialism: the state robs from the rich and gives to the poor (minus 30% for administration). Socialism it theft—the state-enforced “redistribution†of wealth. The rich have a responsibility to help the poor, but the poor have a responsibility not to steal from the rich. Follow the Leviticus 19:15 principle that states: “Always judge your neighbors fairly, neither favoring the poor nor showing deference to the rich.â€
19. Support tax-free Health Care Savings Accounts; no Nationalized Health Care program
20. The right and practical thing to do is transfer all responsibilities and jurisdictions of FEMA to the several states. All natural disasters and emergencies are local. Change the name to LEMA or Local Emergency Management Agency.