It's the relationship!

Friday – August 5, 2011

It’s the relationship!

I do not like to gloat; I do not like to take credit; I do not like to predict doom and gloom; I do not like to see my country in trouble. But it is and I told you so.

This is not a day to celebrate; America is hemorrhaging. The nation’s debt is now 97.2% of GDP. You might as well call it 100%. The nation’s debt is now consuming all that is good in our traditions and in our security. We are now a debtor nation. Our individual relationship with government should be questioned. Our individual desires as citizens along with doing the right things as citizens and playing by the rules as citizens, and now suffering for it, is what should be at the forefront in any future debate.

The DOW fell 513 points yesterday, the largest drop since December 1 of 2008 when the financial crisis hit. It was down 4.31% yesterday, it has fallen 10 out of 11 sessions and it is now down 10.54% over a ten day period. It is also the lowest close since December 9 of 2010. The Market is the barometer of confidence in the economy. I predicted that the market would fall last week when the debt deal was being negotiated when everyone else said it would rise.

The cure can no longer be the norm of printing more money because the world’s economy is now a reflection of the American economy.

Our debt today is at 97.2 % of GDP, The bush debt was 69.4% of GDP and the Clinton debt was at 37% of GDP. This trend of upward spending was eventually going to burst the economic bubble; it happened yesterday on Obama’s watch. The president said, Wednesday night at his birthday bash, “I didn’t think the climb was going to be as steep as it is.” He then went on to blame the nation’s financial crisis and the world’s economic condition in part on the Tsunami that hit Japan. He blamed, he’s blamed and he will continue to blame until his work is done. His work has now shown the results that a lot of us warned you about. It is his work and ultimate goal of economic transformation that will transform our relationship with government to that of more government control.

Our economy is now at a stand still. The President has announced his mid west bus tour to discuss the economy and jobs. Is this something that we should feel good about? Is this bus tour going to provide some divine inspiration to fuel a solution? Is this bus tour going to provide the jobs that he is solely responsible for loosing? Will his solution be another divine inspiration like an electric car? The government has bought 1,250 units of the Chevrolet VOLT the public has only bought 125 units to date. Oh by the way you subsidized the sales of this vehicle with $7,500 per vehicle with your tax dollars, did you get a new car? The president put all his hopes on this transformation to green technology and green jobs. It failed because it was a false premise to think that government is the sole creator of jobs and that the divine wisdom of this president would save the Union.

Wednesday night the President had a birthday party and fundraiser. The guests paid $38,500.00 to attend. If they wanted a picture with the president it cost the guests an additional $10,000.00. Now I have a divine inspiration, this idea just might help save the economy. Why doesn’t the president hold fundraisers every day up to the election so that the cash he raises can pay for the damage he has done? He is the only one who seems to be bringing in the cash these days. He will have 1 billion dollars in his campaign war chest very soon. He has about 86 million now. Why doesn’t he start giving this money to the souls that he has caused such hardship for? Now that is compassion and that is spreading the wealth around, something he said he would do in his last campaign.
As Thomas Paine a famous American author wrote: December 23, 1776: “THESE are the times that try men's souls. The summer soldier and the sunshine patriot will, in this crisis, shrink from the service of their country; but he that stands by it now, deserves the love and thanks of man and woman. Tyranny, like hell, is not easily conquered; yet we have this consolation with us, that the harder the conflict, the more glorious the triumph. What we obtain too cheap, we esteem too lightly: it is dearness only that gives every thing its value. Heaven knows how to put a proper price upon its goods; and it would be strange indeed if so celestial an article as FREEDOM should not be highly rated.”
What happened this week is the failure to recognize and understand the traditions that made this country great. What happened this week is the failure to listen to the words of history. What happened this week is the failure of the President of the United States to recognize what our history was and what defined us as a great nation and a compassionate society. That is the president’s failure and it should no longer be ours to deal with.
Taxes, healthcare, uncertainty on a whole list of concerns, gold going up and the price of oil coming down are all signs of a stagnant economy, an economy that is in freefall and an economy that is not performing. Unemployment is stuck at 9.1% we are still loosing 400,000 jobs a month and creating ¼ of that in new jobs. This is not progress this is more of the same and it is on this president’s watch. It is because of his policies and his ideology. This is not the fault of congress or another natural disaster. It is the fault of a national disaster that emanates from 1600 Pennsylvania Avenue you won’t need the zip code for this one.
On today’s date in 1861 the The Revenue Act of 1861, formally cited as Act of August 5, 1861, Chap. XLV, 12 Stat. 292, included the first U.S. Federal income tax statute (see Sec.49). The Act, motivated by the need to fund the Civil War, imposed an income tax to be "levied, collected, and paid, upon the annual income of every person residing in the United States, whether such income is derived from any kind of property, or from any profession, trade, employment, or vocation carried on in the United States or elsewhere, or from any other source whatever.
Rates under the Act were 3% on income above $800 and 5% on income of individuals living outside the country.
This single act changed the relationship between the citizen and their government. But this single act was also a needed tool to win the freedom and independence that gave the liberty to many that did not have it. This was reasonable then because it was needed then. But like anything a government does it grew into a beast that ultimately consumed more and more of our revenue.
When your government takes in 2.2 trillion dollars in revenue a year and spends 3.7 trillion dollars a year on programs that most of us derive no benefit from then your relationship with your government is violated. When your government does not listen to the will of the people then your relationship with your government is violated. When government thinks they know more about what you need and does not let you make your own decisions then your relationship with your government is violated. When your president takes credit for the good things and does not take the blame for the bad then your relationship with him and your government is violated. It’s like any marriage when the other one in a relationship does not live up to expectations then your relationship is done.
Its time to dig deep into your soul and ask yourself this one question, “What kind of a relationship do you want with your government”? Because that affects what kind of country we will become. After a little searching of the soul you just might demand that your government redeem itself by giving us our liberty back so that our freedom is unhampered so that we are able to gain our independence once again. This is the freedom that will bind and that will not “try men’s souls.”
Thomas Paine said: “He that would make his own liberty secure must guard even his enemy from oppression; for if he violates this duty he establishes a precedent that will reach to himself.”
This special relationship is what we must extend to our neighbors because in the end it is the relationship that makes America strong and that will ensure a secure America for our posterity.
Gregory C. Dildilian
Founder and Executive Director
Pinecone Conservatives
A footnote: There comes a time when the realization of our individual relationship with our government and each other and each others neighbors is what must be strengthened through the words and actions that unite instead of words and deeds that consumes then divides us.