HEADLINE

HEADLINE

CALIFORNIA US SENATE RACE

 

At least two candidates want the federal government to increase “Health Care” coverage.

 

Is there a problem with that? YES!

·       The Federal Government is BROKE; and

·       Health Care is NOT an enumerated power granted to the Congress by the Constitution. This power to regulate health care is an opportunity for the state or the people.

 

·       Amendment 9

The enumeration in the Constitution, of certain rights, shall not be construed to deny or disparage others retained by the people.

 

·       Amendment 10

The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people.

 

Can we afford more government? NO. Since 2008 financial collapse the federal government has spent more than it takes at a pace of over $3.17 billion per day – every day of the year since the year-2008.

 

Kotlikoff, on February 25, 2015, declared to the US Senate Budget Committee that the US Federal Government is broke. That was over three years ago. The government has ignored the warning and has continued to spend billion of dollars per day more than it takes in.

 

Continued spending will bring us closer to Hyperinflation.

 

See here the current results of hyperinflation in Venezuela. Is this what you want in your future?

 

MORE Growing of Federal Government, knowing that it is broke is not a wise choice. It (the federal government) pays its bills:

·       It collects taxes and outlays that revenue to pay its daily bills,

·       But, it runs out of money before all the bills are paid (it is short by about $3 billion per day),

·       It pays the last $3 billion per day;

·       by borrowing which adds to its future debt or by

·       creating money out of nothing which inflates the money supply and makes your money weaker.

·       The daily inflation, if it continues, eventually hyperinflation.

 

Let’s end the flirting with inflation and hyperinflation and restore our nation to our first 104 years, (lets leave out the Civil War era.)

 

Here is a picture of the United States in its first 104 years. We have done it right before. We can do it again.

 

Let’s keep all of our modern conveniences and our pre 1965 healthcare system.

 

In the 1950s era a office visit to see a medical doctor it cost about $5. And the medical cost of the doctor and hospital for pre natal care and delivery were about $150 for the doctor and about $150 for the hospital.

 

Lets make our country great again, let’s restore the federal government we experienced under democrats, Andrew Jackson, Franklin Pierce  and Grover Cleveland. We had federal tax rates as low as 3.6% with NO Individual Tax returns to complete.

·       The short version link extolling our prosperity.

·       The longer version link extolling our prosperity

 

Herbert G. Peters

US Senate

California

 

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