- IAP Bulletin 091214 December 14, 2009
Economic Reforms America Needs
Reforms For The Recovery Of Free Enterprise and Prosperity
We are Americans who stand united in the cause for freedom as established on the
foundation of our Declaration of Independence and under the laws of our United States
Constitution. We invite every freedom loving American to join with the IAP in promoting
the reforms that will restore our economic freedom and establish a permanent long term
sustainable and prosperous economy.
Many Americans fail to grasp what it will mean to the detriment of law and order in
our society if we don't fix our unsustainable economy that is the creation of government
that has grown too large. Without serious reform to economic policy and social welfare
programs, our Government's present operations of tax, spend and deep, deep debt are
and will remain unsustainable. Unless the American people make the needed reforms to
turn things around, the unsustainable economy could result in a breakdown of law and
order that could either plunge our society into chaos or into the dark night of tyranny.
The response of the Independent American Party to avoid such economic disaster is
this, we do what we can do to promote the policy for corrective reform. We act in
recognition that liberty under Constitutional law is everyone's responsibility.
Beginning with the Declaration of Independence in 1776, then with the ratification of
the United States Constitution in 1788, we the people established a free and independent
nation under the laws of the United States Constitution.
Then, around 1935, we let special interest groups tell us that a little socialism was a
good thing. We let them tax our incomes for making contributions to a social security trust
fund. Millions of people are now dependent on that program of socialism.
Now, here we are. Those programs that were intended as a benefit to the welfare of
the people have grown in application and cost. The costs have risen to an unsustainable
degree. Even without the recent spending binge by the Federal Government, the costs of
the programs for welfare and "entitlements" have put our Government so far in debt that
the value of our dollar is unsustainable and has been dropping.
David Walker spent much of his time, while serving as the United States Comptroller
General, warning us about the coming financial disaster due to the programs of socialism.
On March 12 of 2008, he resigned to better spend his time warning the people.
In an interview about two months before his 2008 resignation, David Walker said:
"The problem is that even though the deficits have come down for three years in a row, our
unfunded promises for Social Security and Medicare have risen dramatically. In our total
fiscal hole it is $53 trillion. That's $440,000 per household. So the problem's not where we
are, it's not where we've been. It's where we're headed unless we end up making dramatic
and fundamental reforms."
Soon after David Walker's resignation in that same year of 2008, greed and
corruption in the business world joined in league with politicians to use our tax dollars to
bailout the failed operations of financial corporations that were encouraged ** to become
too large to fail when the Glass-Steagall Act of 1933 was repealed in 1999.
Such bailouts are opposed by Americans who think that free enterprise means that
when a business fails, the people who did it should pay the price and learn from their
mistakes. That's the way America use to be. Politicians do not listen much to we the
people any more. Giant international corporations have persuaded the politicians to use
our tax dollars to pay for the mistakes of the corporate greed and corruption.
Government of, by and for the people, along with our dollar, will fail if we, the
American people, do not establish needed reforms that will restore a sustainable and
prosperous economy. We ask all Americans to stand up and get involved in this American
cause.
When Government cannot collect enough revenue from taxes to pay for all its
spending, it either prints extra money to pay its bills, which causes inflation, or it borrows
through means such as offering Treasury securities, which adds to the national debt.
Since the American people do not have the money to purchase enough of the
Government securities to satisfy what Government wants to borrow, our Government sells
securities, such as Treasury bonds, to foreigners.
When foreign investors, who would buy Treasury bonds, see the insecurity of the
dollar due to the growing national debt, plus the low interest returns, they could refuse to
purchase the bonds. When everyone declines to buy Treasury bonds, or otherwise loan
Government the money it wants to spend, our Government is then forced to choose
between printing more money, which accomplishes inflation the same as a counterfeiter
would accomplish, or stop spending on planned programs.
The dollar will lose its value to inflation because, we are burying ourselves in
programs of socialism and unsustainable debt.
We must achieve the needed reforms before we can expect to restore a permanent
long term sustainable economy.
If we are going to preserve our nation that is independent and free, we must take the
necessary steps to rescue our dollar and economy. We ask people to take the time to
share this information with others. As we promote these reforms across the country, we
can succeed.
The reforms that the IAP call for are needed to rescue the value of our U.S. Dollar and
provide for the needs of millions of Americans who have become dependent on the
unsustainable promises of Government support. We need these reforms to soften the
crash landing of the unsustainable economy that socialism and special interest groups
are leading us into.
The following IAP promoted reforms will do more than any other reforms to restore
economic freedom, prosperity and a safe society through law and order:
- 1) Cut Federal Government spending to achieve a balanced budget without
increasing taxes. Priority consideration should be given in providing for national
defense and in achieving entitlement reform.
2) Replace the Income Tax and the IRS with a consumption tax. With the Fair
Tax, all direct taxes on individuals, business and investments will be eliminated and
replaced with a consumption tax on the purchase of new products and services.
This will promote an expanding economy to provide revenue and the time to
establish all the reforms needed to fix the unsustainable economy. By eliminating
the direct tax on business and individuals, the Fair Tax will bring back America's
Industry and jobs. It will eliminate the Internal Revenue Service and its direct tax
controlling power over every citizen.
Do not confuse the Fair Tax with a VAT tax that is a bad proposal that would be a
tax in addition to the IRS income tax. With the Fair Tax, all federal taxes will be up
front and apparent to everyone who chooses to purchase a taxable item. The Fair
Tax taxes people at the point of purchase if and when they chose to make taxable
purchases, even those in the underground economy and illegal aliens who make
taxable purchases. With the Fair Tax, more people will be concerned about
controlling government waste and corruption.
3) Statistical economic projections prove that the ability of our government to
pay what has been promised to the citizens of our nation in the various social
welfare programs that include "Entitlements" and all other forms of socialism is
financially unsustainable. Without real reform in the financial operations of the
Federal Government, the law and order of this American republic could end in the
most unfortunate and uncomfortable way. Those who understand this financial crisis
know that when the unsustainable government debt hits the hard wall of economic
reality, conditions of poverty will cause increasing hardship and possible civil unrest.
The Independent American Party calls for reforms, such as the Fair Tax Act, that will
restore economic freedom and bring back our nation's industry and jobs which, in
turn, will increase the revenue needed to pay government debt and prevent
economic disaster.
With the Fair Tax, the taxing method that funds programs of socialism will change.
There will no longer be a direct tax on people. Therefore, for future recipients of
benefits provided by government programs of socialism, there will no longer be a
perceived entitlement based on a person's direct tax payments into a trust fund. All
future benefits can now be based on need rather than based on direct payments
into a trust fund that is susceptible to being robbed by government and used for
other purposes.
The IAP calls for the reforms that will revive our economy enough to help people
whose lives have been turned upside down by government debt and financial policy.
The reforms needed to fix our nation's economy and debt problems revolve around
the two variable factors of revenue verses expense. To change the unsustainable
economy into a sustainable economy, we need the best plans for reform that will
reduce government expenses. Government's largest unsustainable expense is the
involvement in programs of socialism.
The IAP supports an emergency freeze on benefit increases. Recipients of benefits
who are able to work, should be required to submit evidence of work preformed for
the period for which benefits are received. Options for work can include community
service. People unable to work, need someone to submit a release document for
each reporting period that they are eligible for government provided benefits.
To avoid the work requirement, people will be encouraged to plan and invest for
their retirement. Encouragement for public reliance on private institutions and
charitable organizations such as churches will take place. As Government expenses
are cut, so can the taxes.
The only exceptions to the work requirement will be for those who serve in the
armed forces. For example, those who are injured while in the defense of the United
States should be exempt from the requirement to perform work in return for
assistance received in recovery. Veterans, active duty members and their affected
immediate families, who are in need of such assistance, should be given that
assistance on a top priority basis even in the face of the need to cut all other
expenses as might be required for a balanced budget.
People who plan and properly provide for their retirement outside of dependence on
government provided assistance have no need to receive government assistance.
4) Repeal the Constitution's 17th Amendment. Repealing the 17th Amendment
would restore each state's power to appoint the 2 Senators who represent their
state in the United States Senate. In the democratic process for government that the
states originally agreed to when our nation's Constitution was established, the
people should vote for their state government officials, for their United States
President and for their representatives in the United States House of
Representatives, but they should not also vote for the 2 Senators in the United
States Senate. In order for the state governments to best serve the interests of their
state and the people who elected them, the state governments need to have the
power to appoint their 2 representatives in the U.S. Senate. This protects state
rights.
5) Restore United States monetary independence by returning responsibility for
control over our U.S. money back to our United States Congress. Replace the
Federal Reserve Notes with U.S. Treasury Notes similar to what was being
accomplished by President Kennedy's Executive Order 11110 when it was issued
on June 4, 1963, before his assassination.
6) Bring down health care costs by improving the health of the people through
better pollution detection and control and by protecting alternative health care rights
as called for in such bills as H.R. 3394 and H.R. 3395, the `Health Freedom Act'.
7) All future proposed Federal Government legislation should comply with
Constitutional law in agreement with Supreme Court rulings that uphold the
Constitution's laws and with the proposed legislation, H.R. 450, that would require
constitutional compliance.
8) Rather than to make Free Trade Agreements that only benefit international
corporations and the dictators of oppressed people, the IAP calls for trade reform
that makes trade agreements that benefit the people of both trading nations. Free
Trade is only good when it is with equally free states, not with nations whose people
are exploited under oppression in factories for corporate profits.
The USA became a great and prosperous industrial nation, because we had free
trade between equally free states. If one of our states offered concessions to
business that suppressed people's rights to environmental health or to organize in
labor unions, many factories would be established in that state that exploit the
conditions for the profits to be made by cheaper production. This would result in a
loss of factories and jobs in the other states. This would obviously be wrong. It is
obviously just as wrong that our nation should lose factories and jobs to other
nations where the people are not equally protected in their rights. Because of our
bad trade agreements with nations that do not protect citizen's rights, many of our
factories and jobs have shut down or moved to those nations for cheaper production.
We cannot be an independent nation without the factories to provide for our needs.
If we now suddenly stop trade with those nations under oppression, we could feel
the loss until our factories are restored. Therefore, our best move is to first bring our
factories back by passing the Fair Tax Act. Through this tax relief on our domestic
production, there will be a great incentive for investments in domestic enterprise
and we will again become an independent and prosperous nation.
9) Citizens within every state and small governmental jurisdiction need to
establish a Citizens Investment Trust Account or CITA for the purpose of generating
investment returns to reduce the need for public taxes. The funds to begin each
CITA can be found through CAFR audits. CAFR or Comprehensive Annual
Financial Report audits (best performed by certified financial auditors) show where
available public funds can be found to be invested to produce CITA investment
returns. The funds from these investment returns can then be used for government
operations to reduce the need for public taxes at both the local and federal level of
government. CAFR audits show that such a method of generating investment
returns for tax rate reduction is possible.
10) The IAP calls for an amendment to the Constitution for the purpose of
overturning Federal Court decisions that have endowed artificial entities with
personhood. Through Federal Court endowment of personhood, artificial or legal
entities, such as corporations, receive the same protection for rights as are
guaranteed to natural persons by the Bill of Rights. Thus, they are seen to be legally
equal to natural persons.
On January 21, 2010, the U.S. Supreme Court, in a landmark decision that called
any ban on the purchase of political advertising a restraint of free speech,
overturned an existing law that limited political spending by labor and big business.
By seeing these organized entities as being endowed with personhood and,
therefore, eligible to the protection of rights the same as individual citizens, the
Supreme Court lifted restrictions on what corporations and labor organizations may
invest to sway voters in federal elections. By the decision, both groups and other
groups now have free rein to pour in large amounts of money for support of their
agenda in all 50 states.
The ruling leaves in place a prohibition on direct contributions to candidates from
corporations and unions. The decision removes limits on independent expenditures
that are not coordinated with candidates' campaigns. The court ruling will likely
boost the role of special interests in politics.
What would change if corporations did not have personhood? If corporate persons
no longer had first amendment right of free speech, we could prohibit all corporate
political activity. They would give no more contributions to candidates or parties, no
more lobbying. Think of the ripple effect.
Because they now have legal personhood status, corporations are like
superhumans with all the advantages and none of the disadvantages. Corporations
have infinite lifespans so they can continue to accumulate wealth and power forever
while maintaining an artificially elevated status for a small number of people. Unless
the court rulings establishing such personhood become nullified, it is a boost to
groups having special interest agendas in politics at a time when the only special
interest should be the interests of natural persons who vote. The special interests of
those who work under the cloak of an artificial entity having legal personhood with
superhuman advantages, should not be allowed to promote any political agenda of
corruption or of anything else.
Thomas Paine, in his work of 1791 called The Rights of Man, said, “It has been
thought that government is a compact between those who govern and those who are
governed; but this cannot be true, because it is putting the effect before the cause;
for as man must have existed before governments existed, there necessarily was a
time when governments did not exist, and consequently there could originally exist
no governors to form such a compact with. The fact therefore must be, that the
individuals themselves, each in his own personal and sovereign right, entered into a
compact with each other to produce a government: and this is the only mode in
which governments have a right to arise, and the only principle on which they have a
right to exist.”
These Revolutionary Era people believed that any artificial entity or institution that
was made up by humans, from governments to churches to corporations, must be
subordinate to individual living people in terms of the rights and powers held by the
institution.
For more IAP stand on the issues , go to: www.usiap.org .
Government must cut spending. Everyone in Congress who votes for bailouts and
more spending for socialism needs to be replaced.
Everyone in Congress who does not support the Fair Tax needs to be replaced
because, the Fair Tax is our road to recovery. It will bring back our American industry, jobs
and prosperity,
Along with rebuilding our nation's economy, the Fair Tax will help reestablish
America's liberty and independence. With the passage of this legislation, the Internal
Revenue Service will be abolished. We will no longer be under its controlling influence.
We will experience a new beginning for freedom and independence in America.
In the short term, we might not be able to prevent our economy from getting worse
before it gets better, or prevent people around the world from exchanging their dollars for
what they consider to be a more secure or preferred currency. However, as we succeed in
promoting the needed reforms, confidence in the dollar will return and be even stronger
than before.
In the short term, the world may move to a different preferred currency other than our
dollar. This move will have a direct effect on the financial operations of the Federal
Reserve System.
Remember, our U.S. Congress put the Federal Reserve System in charge of our
dollar resulting in the creation of the Federal Reserve Note. This became our currency.
Through our American spirit of free enterprise, this currency soon became the preferred
currency of the world. Since the Federal Reserve System has become an international
organization for controlling the world's preferred currency, we now see that the Federal
Reserve System could and, as our economy continues to worsen, will most likely decide
to replace our dollar with a new preferred currency. If we fail to take the necessary actions
to rebuild our domestic industry and economy, the declining value of our dollar will put our
people in much deeper hurt.
It was a big mistake when our U.S. Congress gave its authority for control over the
worth of our dollar to the international Federal Reserve System. Now, we the people need
to take the authority back in order to preserve both the value of our dollar and the law of
our U.S. Constitution.
The way we do things in America and correct our political mistakes is through the
ballot box. Before any candidate is elected, that candidate must support the needed
reforms including returning responsibility for the dollar back to the United States Congress.
One of the reforms we expect a good candidate to support is legislation favorable to
President Kennedy's Executive Order 11110. This called for the printing of United States
Treasury Notes backed by silver.
Executive Order 11110 created this money to compete with Federal Reserve Notes.
By having this competing money, we could then say to the Federal Reserve, go ahead
and promote your preferred world currency. We have our dollar and we will keep it.
The reforms we promote here will strengthen our economy and provide for a growing
tax base that will enable government to maintain the basic needs that sustain the lives of
millions of citizens who have become dependent on the Government's unsustainable
promises of "entitlements" and welfare. Government spending in many areas must be cut
to achieve a balanced budget.
We need reforms that will work to preserve the values America was built on. We
need reforms like the Fair Tax Act. This legislation, when passed into law, will reform our
oppressive tax system and replace it with a system that will turn loose the might of
American free enterprise.
The Fair Tax sets free every man and woman in this nation to work and produce
without the burden of the IRS and its direct taxing power. Without the direct tax on our
labor, people will maintain control over all the fruit of their labors. Also, every arm of our
Federal Government that is designed to control "we the people" through IRS control will
be eliminated. The IAP calls for these reforms in the IAP campaign for America that
promotes more push from the American people to get the Government moving in the right
direction.
We understand the issues we face and the critical need for the reforms that people,
such as David Walker, say we must have. We understand the need for the reforms and we
promote them in order to save the value of our dollar and the integrity of a Federal
Government that is based on the law and order of the Constitution.
Through meetings of every size, both public and private, concerned citizens
everywhere are invited to join in the Committee of Correspondence work of taking this
information and promoting the needed reforms. As we encourage each other to endure
the depressed economy in the hope of regaining our American independence and free
enterprise prosperity, the needed reforms can be achieved. America will vote for and
elect only candidates who will make these reforms happen.
Your application for C of C membership is a statement or re-dedication to support
the laws of the United States Constitution. It puts you on the C of C mail list.
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Personal liberty and independence in America are directly related to the state of our
economy. Since our American economy is entering a state of unsustainable debt, the
liberty and independence we have taken for granted over the years now depends on our
ability to promote and accomplish needed economic reforms. An unsustainable society is
unacceptable. We need everyone to understand what unsustainable means and what will
likely happen if we don't have the will to fix it. Liberty will give way to tyranny without the
faith to stand up for what is right.
America was born out of the sweat and blood of a people who had the will to stand up for
what is right. They had the faith to depend only on God rather than to be in bondage to
man or to the government of man. The proud heritage of our nation bares record of this
fact. We recognize our great American heritage in the first recorded prayer of our nation.
The Reverend Jacob Duché has been recognized as giving the first prayer in the First
Continental Congress of America on the 7th of September 1774. It is recorded that after
reading the 35th Psalm, he then gave this prayer. Listen carefully to the words of that
prayer:
"O Lord our Heavenly Father, high and mighty King of kings, and Lord of lords, who dost
from thy throne behold all the dwellers on earth and reignest with power supreme and
uncontrolled over all the Kingdoms, Empires and Governments; look down in mercy, we
beseech Thee, on these our American States, who have fled to Thee from the rod
of the oppressor and thrown themselves on Thy gracious protection, desiring to
be henceforth dependent only on Thee. To Thee have they appealed for the
righteousness of their cause; to Thee do they now look up for that countenance
and support, which Thou alone canst give. Take them, therefore, Heavenly Father,
under Thy nurturing care; give them wisdom in Council and valor in the field; defeat the
malicious designs of our cruel adversaries; convince them of the unrighteousness of their
Cause and if they persist in their sanguinary purposes, of own unerring justice, sounding
in their hearts, constrain them to drop the weapons of war from their unnerved hands in the
day of battle! "
"Be Thou present, O God of wisdom, and direct the councils of this honorable assembly;
enable them to settle things on the best and surest foundation. That the scene of blood
may be speedily closed; that order, harmony and peace may be effectually restored, and
truth and justice, religion and piety, prevail and flourish amongst the people. Preserve the
health of their bodies and vigor of their minds; shower down on them and the millions they
here represent, such temporal blessings as Thou seest expedient for them in this world
and crown them with everlasting glory in the world to come. All this we ask in the name
and through the merits of Jesus Christ, Thy Son and our Savior. Amen."
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Supporting evidence:
* Find information on the Fair Tax Act at: www.congress.org .
* For recent information on the need for additional economic reform that the CAFR audits
will make apparent, enter HERE .
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