Debt rollercoaster.

usd

It seem that everywhere you look you see signs of how th US government has lost control. The average person now worries more than ever about their future and the future of their children. Instead of combating the current economic crisis with sound policy, the reduction of government, the ending of costly wars, the reform of social spending to introduce more accountability, lower taxes for all, and introduction of revenue generating initiatives, the government continues to print money daily, increase the size of government, send more troops to the middle east, pass laws to spend billions, even trillions on public health care, increase taxes across the board and promote reckless spending by consumers who are trying to break their bad spending habits.

As I have said before, by the simple legalization of marijuana, the US could generate billions of dollars each year just from taxes on the marijuana. This is not speculation, it is being done effectively in the Netherlands. Furthermore, science and research on marijuana as well as hundreds of related industries, not limited to “paraphernalia”, clothing, medicines, foods, etc. can spring up overnight. This has the potential to create thousands of jobs creating a product with hundreds of uses.

Also mentioned before, the regulation of marijuana will increase the supply and bring the price of marijuana down, which will effectively drive the criminal competition out of business. Therefore, we won’t have to spend billions fighting crime and billions locking up innocent smokers.

The time to push for responsible government policies and responsible government spending is now. The time to push for marijuana legalization is NOW.

According to Dr. Marc Faber who is one of the most respected economists of our time, and who has an incredible knack for predicting economic trends, if the Federal Reserve continues to print money as fast as it has done in the last year, the US dollar could quickly lose its entire purchasing power. He agrees with many key studies that within 7 to 10 years time, the US government, due to a lack of spending restraint, will have to use 50% or more of taxes collected to pay just the interest on the national debt.

It’s not too late to turn things around….spread the word, educate the uneducated or ignorant, and lobby your members of government. A simple phone call to your congressional representative holds a lot of power.

Marijuana Legalization

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November 9th, 2009

3 responses

3 responses


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Keith@Norman Rockwell Art

As usual, a very informative, well written post.

While technically accurate in that the Mint does actually print the currency, the problem is that the Federal Reserve is involved. According to the law, the Fed “lends” all our “money” into existence. Check out The Creature From Jekyl Island if you wants to get a glimpse of how deep the “debt” rabbit hole goes.

The Fed creates “money” out if thin air and the government pays interest on that. Sounds like the alchemist’s ultimate dream come true. Actually its even better because the Fed doesn’t even have to start with lead, just air.

There is a audio file at this location
http://www.futuresunltd.com/media/creature.mp3
You should give it a listen.

If what they are doing wasn’t legal, it would be a crime. Actually, stealing is a crime, no matter what the law says.

Pretty good work, if you can get it. At least, it beats running around with a gun and a mask over your face.

Up until the Federal Reserve, we had no deficit. We had a surplus. There were no bailouts (they are immoral anyway,) and charity was not a government privilege.

Marijuana should be legalized, but that is just one of the problems faced by our country
.-= Keith@Norman Rockwell Art´s last blog ..Nov 10, The Metropolitan Museum of Art is home to Norman Rockwell painting =-.

Reply – Keith@Norman Rockwell Art&#180;s last blog ..<a href=\"http:\/\/www.best-norman-rockwell-art.com\/metropolitan-museum-of-art.html\">Nov 10, The Metropolitan Museum of Art is home to Norman Rockwell painting<\/a> '); return false;">Quote
November 11, 2009 9:14 am

Alan

@ Keith…thanks for the info…I have heard of that book. I have also read about many of the founding fathers and know about their struggle to avoid a central banking system. Didn’t the feud (which ended in the killing of Hamilton) between founding fathers Aaron Burr and Alexander Hamilton originally begin because Hamilton was strongly in favor of central banking?
That aside, I have read many accounts of how fond of hemp and marijuana the founding fathers were and how they enjoyed the occasional joint. I have also read that George Washington used marijuana to relax because he had a lot of dental pain in later years.

Reply – Quote
November 11, 2009 2:33 pm

Janine@Contractor

I don’t think legalization of marijuana will be approved soon coz there are still a lot of traditional politicians and religious NGO’s that blocks it. On the economy side, the problem should be fixed from the root cause (which is creating electronic money out of nothing and nothing get paid by hard cash) and not feeding another problem as a solution.

Reply – Quote
November 25, 2009 10:54 am

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