My Letter to the Leslie Marshall Show

http://www.lesliemarshall.us/contact.html#emailform

Dear Ms Marshall,

I recently watched interviews where you seemed quite confused about the validity of the Tea Party protests that took place on April 15th and you alluded that people were just upset over paying their taxes or this is some hijacked right-wing event to counter President Obama’s ability to do his job. The fact is, I do want Mr. Obama to succeed and it would be ridiculous to think anyone who is an American would actually want someone to fail.

Let me first express that I come from a rather large family whereby we are literally split down the middle between Republicans and Democrats and a few of us, including myself, consider ourselves Independents and a vast majority of us on both aisles are very angry at both political parties. On Wednesday, I attended the tea party event in my city of Indianapolis. While it is true that some who attended the events were confused about the reason why they were there or they came with other objectives (such as Obama or George W Bush bashing or in regards to a very narrow special interest focus), the vast majority of people agreed upon one founding principle…that our public servants are not following the US Constitution or what is known as the written rule of law. That was the single greatest focus which was expressed by a vast majority of people I had interviewed.

Now, getting back to your stated premise, you mentioned that you felt that most people were there because they hated taxes and you even expressed that Obama has only raised taxes on those who makes $250K or more a year. I must advise that you are missing the point and it deeply frustrates me watching others debate with you and not tackle the single most important issue in regards to taxation which is known as the inflation tax. Let me dig further into this topic for I truly hope I can help you understand the seriousness of the issues I am bringing forth to you as what is and has happened in our nation is nothing other than currency devaluation. You see, the US Government and our state & local governments are bankrupted. They are out of money and they have bonds (debts) due. So how does a government raise capital if they are broke? Where does the money come from? If you are not aware, the only way the government can raise capital is through three processes: 1. Raise Taxes 2. Decrease Spending 3. Print money out of thin air. Guess which one our government has chosen? If you guessed #3, then you are correct.

Let’s dive a little deeper into this issue. We are not only dealing with the reality that our government passes bailout/relief/stimulus bills without reading them, but we also have witnessed the Federal Reserve, which might I add is not a part of the Federal Government and is a private bank, printing more money at will and without Congressional approval and dump it in the marketplace. What happens to the value of money when more money is printed–it actually decreases which means we all pay more for goods and services (see: http://www.youtube.com/watch?v=t_LWQQrpSc4&feature=player_em...). This is known as an inflation tax and sets us up squarely in the sights of hyper-inflation. Couple that with the loss of jobs, decreasing wages, less profitability from companies and this spells BIG TROUBLE.

If you’re not sure how this works, I suggest you to buy a stock with a company which just announces that they are going to raise capital by increasing the number of shares in the marketplace and watch what happens…the price of the stock goes down.

Let’s take another look at how our government plans to solve this credit crisis. We are already bleeding profusely in debt and our government is telling us that they can solve debt by increasing spending and creating more credit (printing more money). Ask any business what they do when times are bad, the first answer you will receive is that they cut their costs (i.e. reduce their spending and pay off debts).

On a final note, we are going through a deflationary cycle which I equate to being a sign of a coming tsunami. What happens before hyper-inflationary woes takes place is that the tide actually pulls away from the shoreline (called deflation) and builds into a massive tidal wave called inflation. Once this tide comes to shore, many many people are going to be wiped out and mass chaos will ensue.

I expect the best out of you and I understand your concerns about the problems we face as a nation, but like many others in our news media, you must learn how money works for what is about to happen is going to change the course of history in the USA and the world.
Sincerely,

Wayne Kirk
Indiana Real Estate Broker
Dimeoooo@yahoo.com
(317) 966-7716