Prescription for Prosperity: Congressman Paul Unveils Comprehensive Economic Revitalization Plan!!!
Submitted by LeVer2k2 on Thu, 01/24/2008 - 12:45http://www.ronpaul2008.com/prosperity
Digg it Here:
http://digg.com/business_finance/The_Plan_to_Save_The_US_Eco...
Introduction
America became the greatest, most prosperous nation in human history through low taxes, limited government, personal freedom and a belief in sound money. We need to return to these principles so our economy can thrive again. When enacted, my plan will provide both short-term stimulus and lay the groundwork for long-term prosperity.
Other candidates talk a lot about stimulus packages, but my record stands alone. I have fought for these measures for years as a member of Congress and will make them a top priority as president.
Ron Paul, a 10-term Republican congressman from Texas's 14th District, is currently the ranking member of the House Financial Services Committee's Subcommittee on Domestic and International Monetary Policy, Trade, and Technology. He has been named "Taxpayers' Best Friend" for 10 consecutive years by the National Taxpayers' Union. Ron Paul is also the author of several books on monetary policy and economics.
The Four-Point Plan
1. Tax Reform: Reduce the tax burden and eliminate taxes that punish investment and savings, including job-killing corporate taxes.
2. Spending Reform: Eliminate wasteful spending. Reduce overseas commitments. Freeze all non-defense, non-entitlement spending at current levels.
3. Monetary Policy Reform: Expand openness with the Federal Reserve and require the Fed to televise its meetings. Return value to our money.
4. Regulatory Reform: Repeal Sarbanes/Oxley regulations that push companies to seek capital outside of US markets. Stop restricting community banks from fostering local economic growth.
1. Tax Reform
Eliminate Taxes on Dividends and Savings. The basis of capitalism is savings, and Americans who do so should be rewarded.
o Pass HJ Res. 23 to encourage savings over consumption.Repeal the Death Tax. Attacking small businesses and breaking up family farms smothers growth and kills jobs.
o Pass H.R. 2734 to make the Bush tax cuts permanent.Cut Taxes for Working Seniors. Grandmothers and grandfathers working to make ends meet should keep all the fruits of their labor.
o Pass H.R. 191 to amend the Internal Revenue Code of 1986 to repeal the inclusion in gross income of Social Security benefits.Eliminate Taxes on Social Security Benefits. That money belongs to seniors, not the government. They paid into the system for a lifetime, and they should be free to spend every penny as they see fit.
o Pass H.R. 192 to amend the Internal Revenue Code of 1986 to repeal the 1993 increase in taxes on Social Security benefits.Accelerate Depreciation on Investment. We need to help companies grow and create jobs.
o Pass H.R. 4995 and amend the Internal Revenue Code of 1986 to reduce corporate marginal income tax rates.Eliminate Taxes on Capital Gains. Investment should be embraced and rewarded.
o Pass H.J. Res 23 (The “Liberty Amendment”), proposing an amendment to the Constitution of the United States relative to abolishing personal income, estate, and gift taxes and prohibiting the United States Government from engaging in business in competition with its citizens.Eliminate Taxes on Tips.The single parents and working students who earn their income chiefly through tips deserve to keep all of their money. This tax on "estimated income" is unfair and should be ended.
o Pass H.R. 3664 to amend the Internal Revenue Code of 1986 to provide that tips shall not be subject to income or employment taxes.Support Mortgage Cancelation Relief Act. Working families who lost their homes should not be punished a second time with a big IRS bill.
o Pass H.R. 1876 to amend the Internal Revenue Code of 1986 to exclude from gross income of individual taxpayers discharges of indebtedness attributable to certain forgiven residential mortgage obligations.
2. Spending ReformReduce Overseas Military Commitments. Our bases and troops should be on our soil, bolstering our economy.
o It's time to stop subsidizing our business competitors in Europe, Japan and South Korea.Freeze Non-Defense, Non-Entitlement Spending at Current Levels
o I vote against all bloated, pork laden spending bills and will veto them as president.
3. Monetary Policy ReformTelevise Federal Open Market Committee Meetings. An institution as powerful as the Federal Reserve deserves full public scrutiny. Expand Transparency and Accountability at the Federal Reserve
o Pass H.R. 2754 to require the Board of Governors of the Federal Reserve System to continue to make available to the public on a weekly basis information on the measure of the M3 monetary aggregate and its components.Return Value to Our Money. Legalize gold and silver as a competing currency.
o Level the long-term boom and bust business cycle by passing H.R. 4683, which would repeal provisions of the federal criminal code relating to issuance coins of gold, silver, or other metal for use as current money and making or possessing likenesses of such coins.
4. Regulatory ReformRepeal Sarbanes/Oxley. It has seriously wounded our capital markets and helped make the UK the financial center at our expense.
o Ending these misguided regulations would bring jobs flooding back to the United States
o Pass H.R. 1049 to reform Sarbanes-Oxley and reduce the burden it places on small businesses.Repeal or Remove Costly and Unnecessary Federal Regulations. Neighbors know best how to help their neighbors.
o We need to make it easier for community banks, credit unions, and other financial institutions to better serve their communities and to help people in these communities get access to credit and capital.
o Pass H.R. 1869 to enhance the ability of community banks to foster economic growth and serve their communities, boost small businesses, increase individual savings, and for other purposes.
NOTE: I changed the post so that all the text is here. Some people are not able to access the campaign site while at work/school.
dugg it
and printing it!
Life, liberty, and the pursuit of happiness.
Life, liberty, and the pursuit of happiness.
IMHO...
I think they should remove the line:
"Return Value to Our Money. Legalize gold and silver as a competing currency."
I think a lot of people will see that and go "huh?"
I immediately had a vision of people carrying around gold bricks or Ron Paul coins trying to buy a cheeseburger or something. It just sounds funny/kooky to a layperson.
Revision?
How about eliminate taxes on exchange of gold and silver to encourage investment in sound money.
Now that all this great info is out there
Plus the Glen Beck thing the other day, what candidate would dare try to "parrot" these statements? I wouldn't be suprised to see it, I just wonder which would "try".................. SORRY!! My mind is soooo bad sometimes!!
Bump...
Well laid plan I'd say...
NOTE: I am not advocating violence in any way. The content of the post is for intellectual, theoretical, and philosophical discussion. FEDS, please don't come to my house.
Need e-mail for Crammer
He has liked Ron Paul's stance on economic monetary policy.
How can we get this to hi?
Can not find any direct e-mails to him, anyone a member of his club?
Excellent
I just read the page on his website. This is so great. It is completely conservative, mainstream and perfect. This is what Dr. Paul is all about, A straight arrow of truth, action and wisdom.
Great work!
LivingTheDream
Who has the link to all the e-mail addresses
of the Mass Media: this needs to get some PR.
What is the fastest way to get $ into the hands of the real working class?
No taxes on Tips, !!!!
TAX reform is HUGE!
Should Digg it here
Should Digg it here too:
http://digg.com/2008_us_elections/Ron_Paul_2008_Comprehensiv...
All tyranny needs to gain a foothold is for people of good conscience to remain silent.
Thomas Jefferson
All tyranny needs to gain a foothold is for people of good conscience to remain silent.
Thomas Jefferson
More successful without name in the title
From what I've heard about the Digg algorithm, we have a better chance of digging the article to the front and not being censored if "Ron Paul" is not in the article name.
I thought I heard him mention
a repeal of the Federal Taxes on Gasoline the other day, for immediate relief at the pump. Anyone else catch that?
With the current economic dark clouds overhead
It would be nice to publish this as a full page ad in all of the major newspapers across America or at least start where the votes are needed now.
VOTE NOW in WorldNetDaily Poll
http://www.worldnetdaily.com
Scroll down on main page.
Ira J. Madsen
Springfield, Mo
Ira J. Madsen
Springfield, Mo
Pure Poetic Perfection.
Funny how such simple solutions solve such complex problems.
Duh,....If you want to save money, spend less. If you want people to earn more so that they CAN spend money, let them keep more!
If you want more production in the US, regulate it less and make it easier.
Why is this so difficult to comprehend for most people?
"This nation will remain the land of the free only so long as it is the home of the brave."
My favorite parts, H.J. Res 23 and H.R. 4683
With bills so simple you could heal the country and bring back the freedom and prosperity that made America great. Reading the Liberty Amendment is a huge breath of fresh air, and H.R. 4683 is even better, all it does is repeal a section of the criminal code but with amazing results.
http://thomas.loc.gov/home/gpoxmlc110/h4683_ih.xml
http://libertyamendment.org/
Spread it!
needs to go everywhere! Don't miss the DIGG up top!
Now this is what we need!
I hope RP gets this out in the debate tonight. People in FL and everywhere need to read this.
_________________
Want Ron Paul? Register Republican Now
canvass with this
i am printing out a 1000 copies of this for my precinct
http://www.healingexperiment.com
I print/saved off official
I print/saved off official site in adobe pdf. If anyone wants it, email: mefleabyte@gmail.com
I work for a family business...
There are a lot of points here that are music to the ears of small business owners. If you come in contact with them on a regular basis and you feel comfortable talking politics, they neeed to see this.
"Make fun buddy..." - Ron Paul
"Make fun buddy..." - Ron Paul
Nice edit :-)
love the title
keep this going!
everyone DIGG ...up top
Send the PDF file to
Send the PDF file to everyone you know and more...
I added a Proud Supporter of Ron Paul button to my homeschool "McGuffey" site!
http://www.mcguffeysonlinetutor.com/public/main.cfm
Spread the PROSPERITY theme
And the COMMON SENSE to elect the man who can bring it:
http://www.manofcommonsense.com/?page=Weblog
PDF
I print/saved this in adobe pdf. If anyone wants it, email: mefleabyte@gmail.com
Prescription for Prosperity...
title on official page. Has a ring to it :-)
EXCELLENT PLAN
Fits right in with my philosophy on success:
Hard work – the willingness to put together a short-term and long-term effort to continuously better your circumstances and the circumstances for those who you care about (i.e. friends, family, future generations, fellow citizens, neighbors). Hard work is a willingness to continuously aim your actions at chosen goals. Continuous goal-directed behavior.
Smart work – valuing the ability of the human mind to continuously find better ways to do things. Smart work includes an effort to continuously innovate, figure out more efficient ways of doing things, expand your breadth and depth of knowledge in ways that will achieve productive outcomes. Smart work means using reason to guide your efforts.
Freedom – in order to encourage work, both of the hard and smart variety, individuals need to be able to reap what they sow so to speak. Individuals who work hard and work smart will create valuable benefits in their lives. These individuals should be able to freely dispose of the product of their labor. The products of their mental and physical labor (either goods produced with their owned product which they fully own and can dispose of, or the wage that they receive when working for someone who employs them) should be their property to use freely. They must also be allowed to freely operate their minds in order to create their own outcomes.
Long-term thinking – Short term thinking has been proven to provide less long-term benefit than long term planning and goal orientation. Immediate gratification robs from the future to make someone feel good in the present. Over the long haul positive actions or negative actions accrete to produce a surplus and relative happiness or a deficit and relative pain. Where you are today is a product of the outcome of your long term actions up to this point. Where you will be in 20 years will be a product of all your actions up to that point. Living day to day with no guiding philosophy provides less likelihood of long-term success.
Investment – This comes down to the idea that if you invest present time and move resources out of present consumption in order to make your stock more productive for the future, you will gradually make your future more easy by having your past efforts work for you. Again, creating a surplus leads to the creation of long-term assistance via your accumulated capital. You must save in order to invest.
Ability to work with other individuals – there is no way one person can do more than a collection of people. In order to achieve what is possible, an individual must be able to work in a cooperative environment. There are always people who are better than you at something, and you can always be better than your buddy or your neighbor at something. This is where you have to be able to work with them to get the most out of each others' talents whether through trade or via combined efforts. The modern corporation is a huge development of this concept. They combine efforts and trade with others.
Seeing reality – you must be able to judge the facts to have long term prosperity and success. You must believe your senses and have a methodology for combining data in to knowledge and knowledge in to wisdom in order for you to conquer the challenges of the environment that surrounds you. Through evading reality, ignoring reality, denying reality or just not learning from and respecting reality you will not be able to overcome reality. The challenge is to discern reality and overcome the challenges that it presents to you. Theories that say you cannot discern reality will do nothing but hold you back from achieving your goal of overcoming the challenges inherent in the world.
Clarity of thinking/awareness – being aware of the world around you is huge. Having the clarity of thought to be able to understand ever more complex lines of reasoning and compound concepts will allow you to better see the angles that will lead to success and the obstacles along the way. Hazy thought, and again ideas that say you cannot effectively discern reality will destroy your abilities. The self-limiter mindset is one of the largest destroyers of long term success.
Awareness of risk – this comes back to the above mentioned topics. You need to be aware of the possible dangers of actions that you may be taking. If you expand your knowledge base you will be way more likely to avoid possible pitfalls to your path towards long term prosperity and ease. Taking unenlightened risks is a great way to get yourself unexpectedly knocked on your ass. This is yet another reason why discerning reality is one of the most important tools for success.
Believe in your abilities and the abilities of others – you must know that you can do whatever you set your mind to do as long as you continuously better your approach and keep hitting the nail on the head. Without this belief it is very easy to give up. You have to believe that others can achieve as well because you need other successful people in your court to be able to reach your full potential.
Perseverance – there will always be setbacks. You cannot get disheartened by failure or give up at the first sign of difficulty. You have to see challenges as the only way to get better. Challenges are learning experiences.
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Freedom - Peace - Prosperity
Sounds good to me!
Now we just have to get him elected
AWESOME!
official page has place for DIGG but those reading here or maybe post uptop LeVer2k2??
http://digg.com/business_finance/The_Plan_to_Save_The_US_Eco...
Thanks
Thanks for the link.