"Tea Party Speech - Courthouse - Stafford County ,
Virginia"
April 10, 2010
Welcome
ladies and gentlemen, welcome patriots!
Politicians like to quote JFK
and "Ask not what your country
can do for you, but what you can do for
your country." Today it is more appropriate to say "Ask not what you
can take from your government, but what your government is taking from
you." The time where we could go to the government and ask for things
is over, it’s now bankrupt, there is nothing left for them to
give- they can only take. Now they must take anything and everything
and give nothing. You might love Social Security and Medicare, and
health care for all, but it won’t be there, it
can’t be there, they are bankrupt. How did we get here?
Politicians
in Washington DC run amok, recklessly drunk with power
It starts with people like:
Congressman Phil Hare (D)
Illinois said, "I don’t worry about the
Constitution…" claims to have read the health care bill 3
times, hasn’t read the Constitution. - Disrespect us because
they disrespect the law they swear to uphold.
I have more respect for a common
criminal, he may steal my money but he doesn’t PRETEND he is
doing me a favor, doesn’t pretend to be obeying the law.
At least a mugger
hasn’t taken an oath like Congressman Hare.
When Congresswomen Sheila
Jackson Lee (D) Texas answered her cell phone in the middle of a
question from a constituent with breast cancer at a town hall
meeting—illustrates utter contempt for the American people.
When Congressman Jim Moran (D)
Virginia made a constituent show his driver’s license before
asking a question at his town hall meeting—he shows complete
arrogance of power.
When President Obama told us
last summer that if we didn’t agree with health bill to shut
up and move aside, he was going to fix things. Mr. President, you need
to hear me loud and clear: I’m not going to shut up and
I’m not moving aside! Try to make me shut-up, try to make me
move aside.
These
corrupt politicians and their perennial apologists in the media call us
angry mobs, astro-turf, extremists, ignorant, unpatriotic,
terrorists—all because we demand answers. This is not some
damn socialist dictatorship—not yet. They insult, smear,
besmirch, ridicule us, yet they want our money and our vote. ENOUGH!
This
disrespect for the Constitution and the Rule of Law, this cavalier
disregard for dissenting Americans, reminds me of a British king 234
years ago or strikingly like too many thug "dictators" today. This
attitude is more fitting for Hugo Chavez or Fidel Castro.
This disrespect for Americans
shows up in many ways
Taxes,
Debt, and Deficit
Politicians vote on spending
bills worth hundreds of billions of dollars but they don’t
even read them: this is clear disrespect
They
vote on a 2500 page legally binding contract for us (health care), but
they didn’t read it which means they are derelict as our
agents. Then they exempt THEMSELVES from theses bills, even exempt
their STAFFS! Now there are two sets of laws one for those who vote on
them and those who have to live under them. Nancy Pelosi told us we
will know what’s in the bills after they are signed into law!
Would you sign a 2500 page contract and after signing it then look and
see what you signed? Does anyone see a problem? And we are smeared for
even asking questions!!! Hey Washington DC kleptocrats-- Just Try and
shut us up!
We
have stimulus bills with over 8000 corrupt insider deals and special
interest group earmarks. Bailouts, buyouts, bribes and favors rule the
day in modern politics. Americans have a legal duty to pay taxes, yet
these politicians don’t feel they have a legal or even moral
duty to spend taxpayer money wisely or even constitutionally. Our
life/work is just another play toy for politicians to squander. They
buy elections, votes, with our own tax money and even our
kid’s money (deficits and debt).
They are parasites. The
etymology of Politics: poly" which means many and "tics" which are
blood sucking parasites. We have end the reign of arrogant political
parasites.
Taxes,
debt burdens and unfunded liabilities
Who has kids and grand kids? Do
you love your kids? If you entrusted me with their trust fund and I
were to embezzle it for my own advantage and bankrupt them before they
could ever see it coming, you’d come and haunt me from the
afterlife. Yet Americans have let reckless politicians get away with it
on a grand scale.
How do we see this? Last year
the federal government ran a 1.4 trillion dollar deficit.
We didn’t accumulate
1.4 trillion of national debt until 1983. It took the first 194 yrs. of
the federal government to have that much debt.
It took the federal government
till 1996 to spend in its budget 1.4 trillion in a year. That is 207
years to get that far.
Last year this was our annual
deficit.
We are told by the
President’s Office of Management and Budget to expect another
9 trillion dollars to be added to the current 14 trillion dollar funded
debt. These numbers are always absurdly biased downward because of
phony economic assumptions. We can count on probably an extra 15-20
trillion of dollars of deficits added to the national debt in 10 years.
Look at the numbers.
In 1860, Americans owed 2
dollars national debt per capita—about 3 working days for a
median income person in 1860. 3 days and your debt obligations of the
government were cleared.
Today the debt per capita it is
well over 40,000 dollars, so it takes a median income worker over 300
days to pay off their personal part of the funded national debt.
And this is PER CAPITA, not debt
obligations per actual worker. Remember, about ½ of people
are in the labor force and file income tax forms and only about
½ of them pay any income taxes at all! So if you work and
actually pay income taxes, your funded national debt liability is
currently about $150,000 dollars.
For
all the actual income taxpayers, Congress took out a credit card with
your name on it and last year alone added and extra 20,000 dollar
liability with its astoundingly obscene deficit. But what do you have
to show for that? Is your new car paid for, did you get more property,
maybe more in your retirement accounts? No, you have nothing to show
for it but more debt!
When
hard working people want to know "what the hell is the federal
government doing with our money?" we are called radicals, unpatriotic,
ignorant, or uncaring. We are told straight to our face by our arrogant
politicians "to sit down and shut up." It’s our money, our
life! I’m not going to sit down or shut up!
Hey Congress: you
don’t own my money or my life!
The unfunded liabilities are an
even bigger problem which currently stands at about $120 trillion
dollars or at least 8 times the size of the funded national debt. This
is what will be added to the national debt over roughly the next 40 to
50 years.
Let’s get a handle on
this number of 120 trillion! Set this many $1 bills end to end and it
would stretch from Stafford—to the sun and back again---more
than 55 times (11.5 billion miles of money)!
This is the difference between
the taxes we will pay for Medicare and Social Security and the current
legally promised benefits. We will fall $120 trillion short. The
demographics of the baby boom retiring guarantees this result. This is
nothing short of catastrophic for our kids!
Thus, the average American
taxpayer entering the workforce now who actually pays income tax has a
total national debt liability of about 1.3 to 1.4 million dollars! And
this is above and beyond the regular taxes to fund the federal
government for its operations—and also assumes NO EXTRA
DEFICITS arise in any other part of the budget over this time!! This
does not include the Obama care debt obligations. This does not even
include state debt or taxes either.
In
short, your children are now, for all purposes bankrupt. And it is
impossible for the government to tax us out of this hole they dug us
into.
"When you’re in the
hole over your head, stop digging."
Why
do I say we are broke? Here is why. The Congressional Budget Office has
estimated that the entire wealth of the United States: (ALL land 3
million square miles, every building, every home, every car and truck,
all washing machines and dryers, refrigerators, furniture, all personal
physical assets down to the shoes on your feet) amounts to about 50
trillion dollars. Put the whole USA up for sale and only cover about
40% of the unfunded liabilities with just Social Security and Medicare
alone! We are still about 70 trillion dollars short.
What
does this tell us? Technically the US is broke. Our public debts vastly
exceed all collateral assets.
The next generation owes, and
owes, and owes; but can’t speak now or vote now. Your
children, my children, are bankrupt. I’VE HAD ENOUGH OF THIS
GOVERNMENT WASTE! HAVE YOU?
Yet, an even bigger socialist
entitlement program called Obama Care was just rammed down our throats.
It took shameless corruption to have a second Louisiana Purchase in
American history! At least Thomas Jefferson got some real assets
(830,000 sq miles of land) for 15 million dollars. What did we get for
20 times this amount recently? We got Mary Landreiu’s Senate
vote to have government take-over health care in America. What a really
raw deal. Thomas Jefferson got a much better deal.
This was absolute disrespect for
the American people.
These same people who had no
time to read the bill and honestly face us to answer tough questions
will have the time to exempt themselves, raise taxes ½
trillion dollars and hire an extra 17,000 new IRS agents.
There are a few people in
political life who have opposed this unconstitutional abuse of power.
I’m so proud to be here today with Delegate Bob Marshall,
who’s Health Care Freedom Act and Attorney General Ken
Cuccinelli, whose immediate lawsuit against the federal government will
hopefully put a stop to this grotesque violation of our rights as
Americans. God bless them and others here today for their fidelity to
the Constitution. Our founding fathers would be proud of their work.
But what’s going on in
Washington DC is different story.
We were told with a straight
face not to worry about the OBAMACARE costs: that this health care
socialism would save us money, yet now we hear about a VAT? What are
the lies here? Does anyone think their taxes are going down in the
future? The ink isn’t even dry on the health care
monstrosity, and they’re already planning an economy wide
hidden tax. The Value Added Tax is a lie because it doesn’t
add to our values—rather it confiscates them in taxes.
I’m mad as hell and
not going to take it anymore!
Think about where
we’re at today
The Military, Social Security,
Medicare, Medicaid and interest on the funded national debt are
considered untouchable. Of the BIG 5, only national defense and
interest payments on debt are even Constitutional. If we shut the rest
of the ENTIRE Federal government down (courts, roads, embassies,
everything) last year, we would have saved about 800 billion dollars,
leaving a deficit of over 600 billion!
And
the current artificially low interest rates will not last long no
matter how much debt China or the Federal Reserve buys. Higher interest
rates are absolutely certain in the future with crowding out of capital
markets and inflationary expectations.
Our
interest charges currently run about 400 billion dollars per year.
However, a mere 1% increase in interest rates adds an extra 150 billion
to the deficit! What happens if inflation returns to 6 or 7 %, we are
looking at least 1 trillion of interest charges each year! In my
lifetime I vividly remember the interest rates in 1979-1980, do you?
Remember those 21% interest rates? Imagine that today!! A staggering 3
trillion in annual interest charges alone!!!
The
people who put us in this ever expanding sinkhole don’t think
they have to answer to you and me; who the hell are these people
working for anyway? And why aren’t they in jail?
We
cannot tax or even grow our economy out of this problem
Consider
the following facts.
Over
the last 100 years, the American economy has had its ups and downs
(boom times and recessions), yet the long run growth rate of the real
economy averaged about 3% per year. 3% is about the current interest
charges on government debt. Since the national debt is 14 trillion, it
is almost 100% of the entire size of the whole economy. This means that
next year and the year after and so on if the economy grows at a 3%
rate—all the improved standard of living is sucked out each
and every year to pay the interest charges alone! If interest rates go
to 5, 6 or 7% then the real standard of living will decline even when
the economy is not in recession—when times are good you will
get poorer, and when times are bad—well you do the math.
Our
debt has got us to a point where it is no longer possible for our
children to have a better life than we did. The great dream of America
was that each new generation would have more opportunities and
prosperity than previous generations. This is now over. Reckless
kleptocrats in Washington DC have set us on a race to the bottom in
standard of living and a race to the top on debt and tax liability.
For
children born after 1996, today 14-15 years of age, that child over
their entire working life will pay 70% of entire lifetime earnings to
the federal government in taxes. The Boston Tea party started for a
hell of a lot less taxes. I often think about that number of 70% when I
look at my 12 year old son Giovanni. I look in his face and see no
future.
I’m mad as hell,
I’ve had enough!
I want the names of these people
who have desecrated my Constitution, wantonly wasted our tax money and
trashed my kid’s future. I want term limits on these
obscenely reckless politicians across the Potomac—most of
them should serve their terms in federal penitentiary where they
belong. What they have done to our children is so incredibly
derelict—so unconstitutional—so corrupt and abusive
of power their time is up. Their day of reckoning is soon.
I
swear on my life, with God as my witness, we are going to hold them to
account for this disaster. If you’re a politician and
disrespect the Constitution, individual liberty, and the American
people; heed my words: this, I swear before God almighty right here
right now, we’re coming after you. In November we will kick
your asses out and save this Republic from your socialist tyranny.
Thank You
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