Greetings Mr. Millican,
My name is Keith and I just listened to your nine minute speech on your ideals on helping to improve our great country. Yes, I am an American and I am also registered as an independent for my own personal beliefs. I am moved by your words to better this nation, however I would like some insite as to what plans you have for our financial situation concerning home values and the trade strength of our once "mighty" dollar.
Thank you,
Keith
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Keith, first let me say thank you for checking me out. I look forward to our possible meeting further down the line as November approaches.
The financial situation of America is very bleak, but I have a plan. Picking up the pieces is always a very difficult task but I really enjoy a challenge, especially one with huge price hanging in the balance.
Greed is the culprit in most financial setbacks and it was greed that has caused this recession. The sub-prime crisis was caused because investors were not satisfied with doubling their money in 9 years based on an 8% return. They just wanted it faster.
True someone had to buy their sales pitch and it is my contention that the leadership of this country allowed the siren song of money to be lent in very creative ways. It was just too good to pass up. No one believed that anything could happen. Now it has and everybody wants a bail out.
The problem with a bail out is that it can only come at a great cost. The bailout has to be borrowed and from my business school days you don’t borrow money to pay for borrowed money. Plus the source of the capital will come from the excess of US Dollars held by either China or Japan. There is just no money to be let here in America.
The huge amount of dollars held by China came to them at the expense of the American worker via the jobs that the republicans and democrats allowed to go overseas. Now our out of work or under employed American worker will have to pay more taxes to pay off the loan that has to be made to help bailout the America worker who’s jobs were lost to the lender.
The value of your home will come back under my plan but it will not be overnight. The plans I have are geared so that something like what we are seeing today will never happen in the future.
I will immediately upon entering the office of the presidency push for the passage of the Fair Tax legislation. The Fair Tax passage will be the economic engine that will jump start the return of manufacturing jobs to America.
The Fair Tax will do away with all income tax. Since there will be no income taxes on investments and savings America will become the largest off shore banking center in the world. Capital will not be the only investments returning to America. Those manufacturing concerns that moved overseas will want to come back to America also especially when I levy import duties and tariffs on all imported products to level the playing field for American based manufactures. As this momentum begins to build so will the values of the US Dollar.
As the jobs and capital flow back into America the values of all real assets, savings and investments will begin to rebound. From the “bully pulpit” I will be selling the American voter on the idea of building a solid family, home, business and future. I will vigorously fight attempts by Madison Avenue and the globalist to entice the people of America to buy into risky investments and expenditures. That is what a good leader does.
I am not running for this office to make a career out of politics. I am running to put a halt to the impending financial bankruptcy of America. When the voters see my success they will be more likely to listen to all the things that I want to do for America.
I want all Americans to feel secure, prosperous and hope towards a future for themselves and their posterity. Property values are only as high as people have the capital to spend for it. If they have no money the values are useless. My goal is to return America to prosperity in all aspect of our lives.
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