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Health & Fitness

What to Ask Senator Ron Johnson

So tell me, is there a question you would like the Libertarian Party to ask Senator Johnson?

On Friday, April 5th, at the early hour of 7:30 AM, Senator Ron Johnson will be delivering an update on the US Economy and federal budget.  This will offer an opportunity to ask questions and gauge whether there is any attachment to reality in his message.  To that end, what does the data about these two items tell us and what might we ask based on this information?

From an economic standpoint there are wildly variable measures one could use.  On the upside new home sales were up in January and February, the stock market is hitting new all time highs, and gun and ammo supplies at just about every outlet in Hudson are nearly gone.  All bullish indicators in their own right.

On the downside real wages in America continue to decline over the last decade, personal savings is almost non-existent, jobs are not back, and one starts to wonder if our Senator does his own shopping because food and energy prices are all out of this world.  All bearish for our future.

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All of these “good” and “bad” indicators are actually centered on one very large problem; the money printing by our Federal Reserve and propping up our federal deficit.  The money being printed is helping a very small number of banksters while hurting the middle class, and is an invisible tax that you neither see nor had any representation in the decision.  Inflation is a hidden tax that not one in a million understands and that is why it is used.  Punch in the gut #1.

On the government spending side nothing can be said short of OMG.  If this were Senator Johnson's business it would be broke, shut down, dismantled and sold for scrap.  Yet Senator Johnson voted for the additional $62 Billion tax increases last December and if you havent figured out our tax system yet- you are paying the majority of those and not the rich.  Punch in the gut #2.

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The Truth About Taxes: http://youtu.be/mqr1xSVSjJI

Truth About Taxes and Example: http://youtu.be/xRlqhjZ4290

I will close with a few charts.  The first is the Federal Reserves M1 money supply, or “funds readily accessible to spend.”  Note that this supply of money has gone from $1.3 to $2.4 Trillion in 3 years.  That $1.1 trillion in new money is where your food and energy cost increases have come from.

The second chart is the actual inflation in America as calculated by the economist John Williams (www.shadowstats.com).  As you see, inflation is not running under 2%, but closer to 10% calculated year over year.  Does that match your experience more closely?  Housing, the stock markets, food, fuel, and government debt are all symptoms of the Federal Reserves printing of $85 Billion a month in thin air money to prop up an unsustainable model and we are paying the price.

(Real inflation explained by Chris Martenson's Chapter 16- Fuzzy Numbers: http://youtu.be/zPkTItOXuN0)

All of this inflation is caused by our Government not managing it’s spending and the monetization of our country's debt by the Federal Reserve.  These actions are destroying what little income and savings you have while banks on Wall Street get wildly rich.  When will it end?  In recent testimony Fed Chairman Ben Bernanke stated that there is no end to the intervention in sight.

So tell me, is there a question you would like asked of Senator Johnson?

Frankly, when I’m getting robbed blind I tend to start with, "Can you please make it stop?"

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