EPICWORLD DINNER TOPICS

Restoring Biblical Values through Epic Stories

Government Debt vs. Budget Balance, American Citizen

Dinner Topics

keyDear Readers, this is not a topic for one day. It is so important, let’s keep it foremost in our daily learning.  For me, like many of us, money topics are not my forte. However, thanks to the Tea Party Constitutional Symposium, I have learned much about the importance of a free market economy in a way everyone can understand. I have tried to present the information in a clear and understandable way. I hope this is useful to you. The Constitution provides for the people to take back their country from the jaws of tyranny by implementing amendments via the states. The most effective way to make a difference is to focus on one amendment at a time. This post shows why a Balanced Budget is the most important place to start.  Our greatest weapon against the evils of tyranny is TRUTH, so we must educate ourselves, because government schools will no longer  provide the truth. Please visit the website links and learn all you can and teach your families. Our very survival depends on it. ~C.A. Davidson

 Balanced Budget key to Liberty for American Citizen in the Future

Notes from Tea Party Article V Symposium Part 2

States are working to oppose national tyranny, using the Constitution. Emphatically, this is NOT a Constitutional Convention, NOT to re-write it, but to legally compel Congress to do its job—to control and rein in the maniacal spending of the dictator in the White House by passing a single amendment requiring a balanced budget. This is totally constitutional—the only thing that is constitutional. The Supreme Court, the President, and Congress have abandoned the Constitution many years ago.

About Proposed Amendments

Term Limits

Starting around 1896, when the Progressives began entrenching career bureaucrats in their Administrative State, politicians stayed in office for increased number of years. Today the average term of elected officials is about 20 years.

The argument against term limits is that the bureaucrats are entrenched no matter which party is in power, and if they don’t like a certain elected official who opposes bureaucratic tyranny, they simply wait until the opposing official is out of office.

constitution2The best way to get the Congress back into the hands of the people is to repeal the 17th Amendment.

This would return the selection of Senators back to state legislators, thereby returning power to the states, and giving the people of the states more voice in the federal government. Currently, U.S. Senators, once they are elected by their state, and once they arrive inside the corrupt Capitol Beltway, they are no longer accountable to the states. They simply become another cog in the giant, crushing wheel of the federal leviathan.

Where we really need a term limits amendment is for the judges. With the Supreme Court justices in office for life, we have seen the tyrannical horrors they are capable of, and this only the beginning.

In his book, The Liberty Amendments, author Mark Levin provides powerful history and logic to support a term limits amendment, starting with the Supreme Court justices.

Priority: Balanced Budget Amendment

The Federal Government is spending $6.8 million per minute.

If we don’t control spending America will be bankrupt in 5 years, and nothing else will matter. The recent Paul Ryan budget authorized the spending of one trillion dollars per year.

National Debt Timeline

trilliondollars<– 1 Trillion Dollars

2000—$5 Trillion

2008—$10 Trillion

2013—$17 Trillion

If we had ratified a Balanced Budget Amendment in 1985 when Ronald Reagan requested it, our national debt would be less than $1 Trillion today.

2013

nationaldebt<—National Debt

Outgo: $17 Trillion

Income (tax revenue): $2.5 Trillion

Interest: $420 Billion (Interest kept artificially low by Federal Reserve)

Balanced Budget Objective ABC

Abolish the IRS

Balance the Budget

Constitutional Restraints

Definitions:

Bankruptcy in the United States

1. 100 million people without benefits

2. Economy will collapse

3. President will instate martial law to curb unrest

4. Our liberty will vanish

debt-ceiling-obama-cartoons“Quantitative Easing”

This is a fancy name for PRINTING MONEY. The government prints $85 million per month and adds it to the currency circulation. This causes INFLATION.

INFLATION

The media may tell you that inflation is caused by high prices. This is not true. That is like saying that “wet streets cause rain.” Inflation is caused by dumping unearned dollars into the economy. This paper money, not backed by anything of real value, like gold or silver, causes the real value of goods to go down, even though the prices go up.

Businesses do not—cannot—cause inflation by raising prices.

They only raise prices so they can cover the expense of operations.

Only the government can cause inflation, because only the government can print money. Inflation is like a hidden tax that everyone has to pay.

constitutionBalanced Budget Amendment

Why is it a priority? Because if we go bankrupt, we will no longer be free to do anything—buy, sell, speak, or do.

Freedom requires a stable economy, and a stable economy requires freedom. Capitalism provides the most freedom to the people.

capitalismUnder capitalism, the rich become powerful; under socialism, the powerful become rich. ~Rush Limbaugh

Out of 50 individual states, 49 have a balanced budget requirement. Why shouldn’t the Federal Government have a balanced budget requirement?

About Government Spending

treewbranchesTree Analogy

Compare government spending to a weed in Washington DC that grew into a tree. That tree has a lot of branches: IRS, Entitlements, Welfare, Department of Education, Environmental Protection Agency, and other countless bureaucracies.  Which one should we cut out?

The answer is to go after the whole trunk—that is, cut off the spending, dry up the funds that feed all these tyrannical bureaucratic branches.

Bus Analogy

dangerCompare the economy to a bus. Congress is driving—going at 65-70 miles per hour, and you are riding. You come to a sign that says “Bridge Out Ahead.” Wouldn’t you think that the driver would slow down and stop? No, instead, Congress is stepping on the gas, speeding up to 75 or 80, spending more and more and more.

This is why the Balanced Budget Amendment has 3 parts:

1. The Federal Government can spend no more than it takes in.

2. Raising taxes requires a super-majority. Tax limitations must be built in.

3. Borrowing must be phased out over 5 years.

Path to a Balanced Budget Amendment

The plan is to implement it in 3 years.

If Congress refuses to obey the Constitution and bring forward the amendment demanded by the people, the states could sue to force Congress to act. We have many allies in Congress, and the public pressure on Congress would be powerful.

November 20, 2013—Ohio passed a Balanced Budget resolution, 63-29

75% of the American people support it. Article V requires 2/3 of the states to pass the amendment. We have 20 out of the required 34 currently working toward the amendment.

To see the progress, and to learn what you can do, visit

IamAmerican.org

Compact for America’s “Article V 2.0” Turn-Key Approach is Our Best Shot

Compact for America—the States regain Control

Using an agreement among the states called an “interstate compact,” the Compact for America invokes Article V of the United States Constitution to advance one or more specific constitutional amendments. An interstate compact provides the vehicle to advance constitutional amendments because it transforms the otherwise cumbersome state-initiated amendment process under Article V into a “turn-key” operation.

The Compact for America empowers the states to agree in advance to all elements of the amendment process that states control under Article V in a single enactment that can be passed in a single session. The Compact does require congressional consent to work, but such consent is achieved by simple majority passage of a congressional resolution, which consolidates everything Congress must do in the Article V process in a single enactment and in a single session. Specifically, the Compact and the counterpart congressional resolution include:

 An agenda limited to the consideration of the proposed amendment (specified in the Compact);

In short, the Compact for America consolidates everything Congress and the States do in the Article V process into just two overarching pieces of legislation—one congressional resolution and one interstate compact joined by thirty-eight states. It thereby dramatically cuts the time and resources needed to achieve a state-originated constitutional amendment. The Compact transforms the state-originated amendment process, which otherwise requires more than 100 state and congressional enactments across five or more legislative sessions, into something that can get done in a single legislative session for each member state and Congress. Rather than a legislative quest that will take ten to twenty years, the Compact can generate a constitutional amendment in as little as one year.

The Compact’s “Article V 2.0” turn-key approach also eliminates any possibility of a “runaway convention.” It compels all member state delegates to follow convention rules that limit the convention agenda to an up or down vote on the amendment it proposes and to return home if those rules fail to hold. It prohibits member states from expanding the scope of the convention, violating the convention rules, or ratifying anything other than the contemplated amendment. The Compact is like a ballot measure directed to state legislators, governors and Congress.

That’s why Compact for America has garnered support from Congressmen David Schweikert (AZ), Paul Gosar (AZ), Lamar Smith (TX), John Culberson (TX), State Legislators Adam Kwasman (AZ), Yvette Herrell (NM), Tommy Williams (TX), Lieutenant Governor David Dewhurst (TX), the Republican Liberty Caucus, Ohioans for the Liberty Amendments, States United Balanced Budget Initiative, Idaho Freedom Foundation, Kansas Policy Institute, Pelican Institute for Public Policy (LA), Wyoming Liberty Group, Hon. Judge Harold DeMoss (U.S. Court of Appeals for 5th Circuit), Kevin Gutzman, Ph.D., J.D. (Western CT State University Professor of History), Ilya Shapiro, J.D. (Cato Institute), Nick Dranias, J.D., Sven Larson, Ph.D. (Wyoming Liberty Group Economist), Byron Schlomach, Ph.D., Kyle McAlister (Questor Pipeline Company), Ron Hicks (HerdX, Inc.), Robert C. Reinarz (R.C. Reinarz & Company), Mark McKinnon (Maverick Media), and John McLaughlin (McLaughlin & Associates).

Compact for America is also what the People want. According to McLaughlin & Associates, popular support for a compact to advance constitutional amendments exceeds opposition by more than two to one.