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An American Affidavit

Thursday, November 10, 2016

The Sky Fell on Half of America By Bill Sardi from LewRockwell.com

The Sky Fell on Half of America

 

     They are calling it the revenge of the deplorables. 
Goodbye Barbara Streisand, Miley Cyrus, Jon Stewart, Cher, Whoopi Goldberg, Rev Al Sharpton, Rosie Odonnell, and the 1 in 4 Americans who said they would consider leaving the U.S. should DONALD TRUMP win the Presidential election, plus all the Muslims living in America who said they would also leave the good old U.S. of A.  If others don’t want to stay and help row the boat, Canada is a convenient option.
What now for Hillary?  Will President Trump lock her up as his supporters demand?  Had Hillary Clinton been elected there surely would have been an attempt to impeach her from office.  What turmoil that would have created, followed by a predictable pardon with even more uproar.
Apparently, Wall Street bankers are attempting to tank the economy as news headlines say the markets are going into free fall and the Dow Futures drops 750 points.  (Wall Street did this to Jimmy Carter, Mr. President.)  Why?  Would it be because they fear they can’t pay off government anymore and get away with their fraud or panicked they may not be able to get free perpetual money anymore from the Federal Reserve Bank?  Global markets, built on fraud, are tumbling because of your election Mr. Trump.  What does that say?



One troubling issue.  You pleaded with your audience in Nevada for votes so you could get on with the task of reducing or eliminating the planned sequestration of military funds as part of planned budget cutting measures.  
But it is clear the U.S. cannot afford both guns and butter.  The burgeoning population of retirees applies pressure as costs for Medicare and Social Security soar.  Has the military industrial complex gotten to Mr. Trump already?  Must America stage perpetual wars to sustain its economy?  Must we cull our older population because we can’t afford to care for them like they are doing by withholding water from institutionalized elders in Great Britain and letting them die of dehydration?
By the way, the Pentagon wants to close more military bases to get its budget under control and Congressional leaders are blocking the closures for political reasons.  Can Mr. Trump get Congressional leaders to stop this nonsense?
A country so divided. The good, bad and the ugly is that Americans are left with two choices: progressive socialism or fascist capitalism.  How did America come to this point?  And tears being shed on the losing side, can you imagine?  Can you restore American entrepreneurship and a free market again Mr. Trump? 
Mr. Trump, are you really ready to stop the electioneering and politicking and hit the Oval Office prepared to make American great again? 
A quick trip to China to accelerate investment in America would be promising. 
A reduction in corporate taxes, a daunting task to ramrod through Congress, could result in corporations bringing back over $2 trillion held offshore.  U.S. made goods would be cheaper also.
A better way to put more money in the hands of Americans without minimum wage legislation or lowering taxes would be to pass legislation that would provide tax breaks for natural gas or hydrogen pumping stations for clean-fueled automobiles so the U.S. could lower consumer prices at the pump and have clean-fueled vehicles on the road.  Mr. Trump, will you see the green light here and use your popularity to push this through Congress? 
Why urge overseas investors to come and invest in American assets when the debt-ridden federal government is holding 2.515 billion acres of mineral rights (more than the total surface area of Canada) and 900,000 separate real estate assets covering more than 3 billion square feet, plus $128 trillion of offshore oil and gas resources (80 times the national debt) that could be sold off to domestic and foreign investors?
Come on Mr. Trump, you aren’t given to leaving any money on the table, are you?   The U.S. is asset rich and debt-ridden. 
And what about more efficient high-voltage power lines that reduce line loss and would recover 7-20% of electricity generated in the U.S. that is lost in transmission?  That would put another $60 billion back in the energy industry that is lost into thin air.
Mr. Trump, you have been so incensed China and other trading partners are lowering the relative value of their currency by raising the value of the U.S. dollar to capture business in an unfair manner.  Trade tariffs only lead to war.  Why not instruct your Treasury Secretary to buy up foreign currencies when they buy up U.S. dollars so currency manipulation becomes futile?
Come on Mr. Trump.  You’ve got the people behind you (well at least half of them) and that half wants to make America great again. 
Please don’t yield to the public’s demand for universal health care.  Such a system will only result in greater utilization and soaring costs.  America doesn’t even have enough doctors for such a plan. 
Why not promote preventive medicine and reduce the rate of disease and the need for treatment altogether?  Why not promote and adopt an anti-aging pill once proposed by a government think tank that could produce a longevity dividend that Dr. S. Jay Olshansky promises will save Medicare from bankruptcy by prolonging the American healthspan as well as lifespan?
What is America going to do with its currency, Mr. Trump?  Shouldn’t the U.S. back its currency with something?  The European Union threatened to back the EURO with gold if we didn’t bail their banks out along with U.S. banks.  The U.S. can’t keep sending aircraft carriers out to intimidate every country that threatens to back its currency with gold. 
My ten-year-old son said it aptly Mr. Trump.  “When money is free then everything will be worth nothing.”  Printing more and more electronic money is financial mayhem. 
How long will the Federal Reserve keep encouraging bankers to recklessly write loans that end up in foreclosure?  Get rid of Fannie Mae and Freddie Mac that are simply dumping grounds for bad loans. And the Federal Reserve is going to have to do something with the $4.3 trillion of bad loans it transferred from the accounting books of banks to its own ledger.  Maybe it’s time to foreclose on the Federal Reserve itself, Mr. Trump.
I’ve said enough.  America is a land of opportunity.  All it need to is put its might into action.  Halt the cronyism.  Provide tax breaks so old technologies can be fully amortized to make room for new technologies.  Get things done Mr. Trump.  Rally the people.  Get the other half running with you.  Trillion dollar fixes to the 18 trillion dollars national debt are needed.
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