How to Fix the US Economy [A Personal Reflection]

There is no doubt that the Economy of our great United States of America is going from bad to worse. The culprits are many ranging from failed Government Policies to Businessmen and the people. The culprits can also include a war against terrorism which is draining the resources of this country to the point that we cannot resolve our problems.

The people who look to the State [including the Republicans and Democrats] are thinking that Fannie May and Fannie Mac will save us and save programmes such as Social Security, Medicare, Medicaid, and our Safety Net. The Republicans and Democrats have bankrupted the United States of America with failed programmes such as the FDIC [Federal Deposit Insurance Commission] and its false promises of paying up to $100,000 for each failed bank. Do you think the FDIC has enough money to pay if each bank fails? My response is NO. Do you think the Republicans and Democrats are part of the solution? The Republicans and Democrats are part of the problem with their wasteful government spending and interventions which serve as a vehicle for more interventions in the future. The Federal Reserve System is also incapable of resolving the crisis that has reached out of proportions.

The resolution is difficult but can be done based on the effort of the people who are the backbone of the government. It is the responsibility of each individual to educate themselves on the numerous loans offered by banks or refer them to a lawyer in order to avoid the mess of foreclosure. It is also the responsibility of the people of the United States of America to take the initiative and vote out the Republicans and Democrats in this General Election in November of 2008 and replace them with the Libertarian Team of Bob Barr and Wayne Allyn Root.

After achieving this momentous solution, the next thing to do is a complete overhaul of wasteful government programmes such as the Federal Reserve System, the Federal Deposit Insurance Commission, the Fannie Maes, and Freddy Macs. Afterwards, the programmes should be replaced by the Silver and Gold Standards in which the United States Dollar is pegged to Gold and Silver. Other Federal Programmes related to Housing and Lending should be abolished as well with the market and the individual taking over the economy as well as the US Government.

The United States of America should also review its commitments and withdraw from International Organizations such as the International Monetary Fund, the United Nations, and the Organization of American States. There should be no foreign aid but trade between individuals of different countries based on supply and demand. The United States of America should also pull out of the Middle East [including Israel] as well as negotiate with the Chinese and Russians in which all parties withdraw from Korea [so that the two Koreas can resolve their own problems].

The United States of America should also quit propping up state, municipal, and county governments and allow them to find ways to attract investment without taxation. The Federal Government should do the same thing. Only then can our ailing economy be fixed.