Monday, October 24, 2011

Ron Paul’s “Plan to Restore America”

  1. SPENDING. Cuts $1 trillion in spending during the first year of Ron Paul’s presidency, eliminating five cabinet departments (Energy, HUD, Commerce, Interior, and Education), abolishing the Transportation Security Administration and returning responsibility for security to private property owners, abolishing corporate subsidies, stopping foreign aid, ending foreign wars, and returning most other spending to 2006 levels.
  2. ENTITLEMENTS. Honors our promise to our seniors and veterans, while allowing young workers to opt out. Block grants Medicaid and other welfare programs to allow States the flexibility and ingenuity they need to solve their own unique problems without harming those currently relying on the programs.
  3. CUTTING GOVERNMENT WASTE. Makes a 10% reduction in the federal workforce, slashes Congressional pay and perks, and curbs excessive federal travel. To stand with the American People, President Paul will take a salary of $39,336, approximately equal to the median personal income of the American worker.
  4. TAXES. Lowers the corporate tax rate to 15%. Extends all Bush tax cuts. Abolishes the Death Tax. Ends taxes on personal savings.
  5. REGULATION. Repeals ObamaCare, Dodd-Frank, and Sarbanes-Oxley. Mandates REINS-style requirements for thorough congressional review and authorization before implementing any new regulations issued by bureaucrats. President Paul will also cancel all onerous regulations previously issued by Executive Order.
  6. MONETARY POLICY. Conducts a full audit of the Federal Reserve and implements competing currency legislation to  strengthen the dollar and stabilize inflation.
Another good plan. If he would stick to economic and gov’t reform issues he would be better off. He is weak on foreign policy. I think some of this support is from the ant-war Left and if stopped talking about they would drop their support (it’s not like they would vote for him anyway.) Ending foreign wars? Nice pipe dream but don’t think it’s going to happen soon. You still have nut cases like the leader of Iran who wants to blow Israel off the face of the world.  Stopping foreign aid? Even to our allies like Israel? I know America is in debt but you just cannot stop it altogether.
He needs an age range on allowing young workers to opt out of the entitlements. Like say 47 and younger.
Monitoring the Fed is a good idea, but if Ron Paul is going to end the Fed and go back to the gold standard he better find out how much gold is left at Fort Knox first.
Finally, taking a salary of $39,336 is good idea, but the next president might raise it. Bill Clinton did. Although, that is not really his problem.

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