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Lets all get involved!
Issues need to be addressed when they are manageable and correctable not when they become monstrous and out of control like our Nation Debt.

We have been fooled (by all parties) into believing that talking politics is a taboo when it isn’t. Analyzing the issues among peers, friends and family allows us to set expectations for our political leaders and allows us to set performance bars to hold them accountable for. Let’s bring politics to the frontline of our lives and educate our youth that discussing politics in not rude or impolite.   

The bottom line is that we all want what’s best for our country and by discussing the issues we’ll find there are more common grounds and shared values than differences among all party lines.  Sharing the knowledge would bring these important common priorities out of the smoke screen and to the frontline.

Enjoy the following links and articles.  Read and make your own research, lets all make America great!


The Candidates:

John McCain - Presidential Candidate - Republican Party
Official Website: www.johnmccain.com
Stand on Issues: www.johnmccain.com/Informing/Issues
Historical Vote and Position on the Issues: www.ontheissues.org/john_mccain.htm


Sarah Palin - Vice Presidential Candidate - Republican Party
Historical Vote and Position on the Issues: www.ontheissues.org/Sarah_Palin.htm

Barack Obama - Presidential Candidate - Democratic Party
Official Website: www.barackobama.com/index.php
Stand on Issues: www.barackobama.com/issues
Historical Vote and Position on the Issues: www.ontheissues.org/Barack_Obama.htm


Joe Biden - Vice Presidential Candidate - Democratic Party
Historical Vote and Position on the Issues: www.ontheissues.org/Joe_Biden.htm

The Issues 

National Debt
$9.62 Trillion
Intragovernmental Holdings  4.2 Trillion= 44%
Debt Held by the Public  5.4 Trillion=56%

As National Debt Increases, so will interest rates because investors perceive government debt as riskier.

Intragovernmental Holdings are the surplus of Social Security, Medicare and Government Pension funds (instead of being invested) have been loaned to the government to finance deficit spending.
This “interest-free-loan”, helps keep Treasury Bonds interest low.
The S.S. surplus for 2007 was $283 billion.  Rather than inversting those surpluses for the future retirees the US Budget Office “borrows” these surpluses at no interest and uses  them to cover
their spending.

All taxes we pay are used for todays government spending and NOT saved for the future.

Learn more about out National Debt:  useconomy.about.com/od/fiscalpolicy/p/US_Debt.htm

Government Spending

What is the difference between Federal Deficit and National Debt?
      
Federal Deficit is the difference between what the government takes in from taxes and other sources and what it spends annually.
This difference is what the government borrows.

National Debt can be thought as the accumulated debt the government owes from  all those years borrowing money to pay off the annual deficits.

The ND has grown $3.6T (60%) since 2000 $6T, projected to be 12.3T by 2013.  (this projection is an unrealistic assumption)

- $9.4 Trillion Debt     $4.7 Trillion is in Private Hands 
                                 $2.4T  (51%) Foreign Investors
                                           Japan 24%
                                           China 20%
                                           UK, Brazil, OPEC  6%

As of March 2008
- 71% of the Debt is due in less than 5 years.
- 39% of the Debt is due in less than 1 year.


Forecast Budget Deficit for 2008 $380 Billion  ($390 Billion)

The problem starts with the government not being able to live within its means.

Interest payments toward our ND are about $.20 of every one of our tax dollars.

The government is like the compulsive shopper who takes comfort in keeping up with the minimum monthly payment while piling up debt. Eventually we are maxed out and it becomes harder to find loans.


IRAQ WAR - March 20, 2003 - Present

The Administration misled America the Iraq War was not necessary!
“No Weapons of Mass Destruction found in Iraq” - CIA Report
“No link between Saddam Hussein and al Qaeda”- Pentagon Report
Iraq is Obviously About the Oil!

    - US Military Killed 4,179 Wounded 30,634
    - Bill so far $526 Billion
    - Estimated Bill, thru 2017, $3 Trillion
    - US Soldiers in Iraq 155,000 over half of them are on their 4th and 5th tour

    - Iraqi Civilians Killed over 655,000 & over 5 Millions have been displaced
    - Largest Oil Reserves in the World: 1st Saudi Arabia - 2nd Iraq - 3rd Iran
    - Est. cost to Rebuild Iraq $105 Billion

Cost of War
www.defense.gov/news/casualty.pdf
www.globalsecurity.org/military/ops/iraq_casualties.htm
icasualties.org/oif/
www.antiwar.com/casualties/
en.wikipedia.org/wiki/Casualties_of_the_Iraq_War
www.iraqbodycount.org/

Iraq Contractors: No Bids, No Taxes.....No Problem
seattlepi.nwsource.com/opinion/354032_kbred.html
www.boston.com/news/world/articles/2008/03/06/top_iraq_contractor_skirts_us_taxes_offshore/

Iraq Quagmire:Cost of War
www.ips-dc.org/reports/#234

Iran in the Crosshairs: How to Prevent Washington's Next War
http://www.ips-dc.org/getfile.php?id=168

The Iraq War is expected to cost tax payers $3 trillion.  With that money we could give Medicaid Level Health20insurance to every uninsured American at $3,067 per person.  Or we could buy 142 million Americans energy-efficient hybrid cars. Or we could send 20 million students to college. www.3trillion.org

Corporate Greed

Eye Opening Studies (Both Worth Reading)  www.ips-dc.org/reports/
2007 www.ips-dc.org/reports/070829-executiveexcess.pdf
How US ranks & compares to Europe
2008 www.faireconomy.org/executiveexcess   (download PDF)

Income Tax in the United States  en.wikipedia.org/wiki/Income_tax_in_the_U.S.

Others with Smart Ideas:
Ron Paul: www.ronpaulforpresident2008.com/news/


Hillary Clinton: www.hillaryclinton.com/



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