Wednesday, September 17, 2008

Obama's Economic Ad: Rebuttal

This is a rebuttal to Barack Obama's economic ad (text).

In the past century, since 1913, America has been rocked as the money and banking became centralized and markets became more and more regulated. But for many of you - the people I've met in person, or on the internet, our troubled economy isn't news. Every American has lost their economic freedom since 1913. Money is created out of thin air, thus devaluing our dollar. It's hard to save money if you need to put everything on credit. You're paying middlemen insurance companies, that cover less and less, rather than exchanging directly with your doctor.

This is a string of market intervention leading to more market intervention. The truth is that while personal responsibility and volition has been stripped, Washington stopped living up to its responsibility of limited government. That's why we need change. Genuine change. This is no ordinary time yet it is another ordinary election. But much of this campaign has been consumed by statist rhetoric and distractions that have nothing to do with you or how we get America back on track.

Here's what we need to do. Reform our tax system, by lowering the income tax, from 10-35% of your income to ZERO percent. Stop ALL government subsidies to ALL corporations, not only to oil companies and companies that outsource our jobs. End the 'bailout' culture on Wall Street, where not just reward, but risk and repercussions are all part of the market. No company is too big to fail. Fast track ENDING government mandated monopolies on energy creation and transmission, let the millions of individual Americans choose their energy sources. Crack down on statists - once and for all - so their back-room deal-making no longer drowns out the effectiveness of the free market and undermines our interests as individual Americans.

And yes, bring an end to pre-emptive war and interventionist policies, so we can stop spending billions each month on OTHER countries when we should be focusing on our own. Doing these things won't be easy. But we're American individuals. Individuals before us met tough challenges before. Will you meet the challenge? I'm Vienna Sausage. I have no central economic plan, but a plan for a true free market, including free entry, free exchange, and free exit. I approve this message because emotionally laden statist ideas of the left and the right will only prolong the problems we face today. But a renewed spirit of unity yet individual responsibility will.

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