The Daily Walk with Love
— With the foundation of the Shanghai Cooperative, and our
mounting debt and lobbying and corruption running rampant,
America seems on the verge of some very hard times.
(However, with Evans Politics, The Daily Walk with Miracles and now
this new adaptation, we have a new name, but the same patriotism).
I have have done a lot of reading in books & on the web
and given all this a lot of thought: I find
that there are a few, simple changes and reforms which would
serve to save our economy and greatly strengthen
our nation. — It’s very unlikely to happen.
Donald Trump 2019
“For Jobs, Faith & Values!”
April 19, 2019
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The Daily Walk with Love
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Simple Steps Which Must
Be Taken to Save the Republic
The question is, is congress interested more
in filling their wallets, old ideologies and posturing
or are they truly patriotic: “As ye sew, so shall ye reap.”
The Daily Walk with Love (link to Home page and blog), republished April 19, 2019, by Paul Evans. I will try to keep this brief: in my mind it isn’t rocket science.
Big tax cuts for the very rich do fuel the economy but cause deficits because offsetting changes to the tax code (closing loopholes), really can’t be done in the present political climate. Much better for the economy would be a slightly progressive fair and flat tax, as first Ron Paul and then his son Rand called for. Say 15 or 16 percent with two five percent bumps way up high. I believe this would be fair to everyone and would allow us to maintain the entitlements and necessary programs, and still keep our armed forces strong. It would be necessary for congress to suck up its gut and cut out some of the worst loopholes in the tax code. Probably a full revision would not be necessary. But Congress will probably do nothing of the sort, although there are just a few people in the world who very definitely force congress into doing it, not because it’s the best thing for everyone, but because the alternative is a terrible depression which might be worse than 1929.
Let me explain the danger we are in succinctly: Obama got the IMF to make the Chinese yuan a joint global trading currency. Now the Shanghai Cooperative of some 40 nations including Russia, China and Iran will be trading in the Chinese yuan. Mathematically all this is directly tied to our ability to borrow. Now, Obama doubled the national debt, and in his last year in office the budget was (about) $784 billion. In Trump’s first year in office the budget was for $1 Trillion PLUS the $200 billion he gave away to the rich and big corporations. Can’t you see that this is utterly un-sustainable? Stocks are apparently overvalued by 50 to 70 or even 80 percent and both Citibank and Deutsche banks are near to collapsing. If either one of those fail, it will be much worse than 2007-2008 (in numbers, it would be five times worse. In 2007, a major problem was “liar’s loans” the banks made on home mortgages. Now they are doing liar’s loans on both houses AND cars… it is as though the rich are stumbling to their own “financial Armageddon,” led their by their own greed.
A fair and flat tax is the most crying need for us to stay solvent. I personally would like to see a few other reforms passed such as Federally funded elections for Federal candidates, and more limitations on lobbyists. But legally, corporations are considered as people and limiting lobbying is preventing their “free speech.” Did you know that (despite promises of transparency), the Obamacare legislation was negotiated and drafted behind closed doors with a healthcare or pharmaceutical lobbyist in every other seat? Well, that’s really about all I have to say. (You know, these reforms have “a snowball’s chance in hell” of being passed by congress. This may very well lead to economic catastrophe.) But even if President Trump and I differ on our economic ideas, I support the President fully and hope he gets re-elected. He would be just the man to see us through the tough situation we probably will soon find ourselves in.
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