Wednesday, October 20, 2010

Tuesday, October 19, 2010

China's not the villain if the West tries to debase its debt through QE - Telegraph

 www.telegraph.co.uk/finance/comment/liamhalligan/8....html

This article notes that the US has already had a Quantitative Easing program of 1.7 Trillion (QE is when you print $ out of thin air and use it to buy your own debt). Historically, this has always been the action of countries in desperate financial trouble (just like us). http://chum.ly/n/3cefd3

Thursday, October 14, 2010

Post from greshambouma at CHUM.LY

Side With Citizen Involvement

Attacking someone you don’t know and have never spoken to has its advantages--you can say anything since you know almost nothing at all. To say I don’t care about older people is just one of many false accusations leveled at me by Vera White [various INK columns]. My favorite part of campaigning has been meeting with retired folks. I deeply value the older generation and believe in honoring them. My world is enriched by lifelong friendships with them, their great wisdom and wonderful stories, and I visit nursing homes regularly. I hope our retired community will forgive me for wanting to bring my complete message in my own format rather than AARP's. Those who have heard me speak may recall that one of my legislative goals is to keep our parents and grandparents from losing their residences if property taxes keep escalating beyond their ability to pay. Rising property taxes are a tremendous burden for those on fixed incomes, as many elderly can attest.

My opposition calls me a tea party candidate, a great evil in their eyes. The 'tea party' is a disorganized nationwide grassroots movement composed of Democrats, Republicans and Independents...common people fed up with big government politicians from both parties. To attack the tea party is to attack the very idea of citizen involvement in government. These attacks seek to protect big, bloated, powerful government from the average mom, dad, grandma and grandpa who feel outraged at the debt shackling our future. Is accountability and transparency too much to demand from government? In this David & Goliath struggle, Vera and much of the media champion Goliath. I urge voters to stand for the Davids, for the people and for liberty.
Gresham Bouma
for Idaho Senate District 6
sent 10/6/10, published in Moscow-Pullman Daily News on 10/12/10 http://chum.ly/n/3b0ec9

Tuesday, October 12, 2010

Post from greshambouma at CHUM.LY

Taxing, borrowing and spending is highly stimulative as long as much of the borrowing or taxes comes from outside the system. When all the taxes and borrowing comes from inside the system all you do is transfer economic activity from the wealth producing (private) sector to the wealth consuming sector (public). Wait, you say, you can’t tax foreign sources! Not true, you just have to be sneaky. You do it by expanding your money supply, which is a stealth tax on anyone who holds your debt or currency in their account. As long as the market does not devalue your currency as you inflate it, you transfer wealth and the game goes on. http://chum.ly/n/3a1cce

Monday, October 11, 2010

Senator Fulcher Endorses Bouma

Dear Editor,

As Idaho Citizens, all of us should be interested in who is representing us in the Idaho legislature. But as a member of the Idaho State Senate, I also have an immediate vested interest in who I will be working with.

So when Gresham Bouma won the primary election last May, I took the initiative of getting to know him. I asked him to communicate to me his platform and positions on issues currently facing Idaho. The summary of that dialogue is this: I like what I see.

It is clear to me Gresham understands that our future is dependent on a well-funded, diversified education system. Gresham also understands that the answers to the economic challenges we face today are based on empowering the free market, encouraging individual incentives, and protecting personal liberties.

I believe that if you elect Gresham Bouma to the State Senate on Nov. 2, he will represent his constituents with honesty, integrity, and dedication. He has responded to me and my questions by preparing diligently and analyzing all of the issues placed before him; all with the spirit of "listening before speaking."

I expect to start my 4th term in the legislature this coming January, and I want Gresham Bouma there with me. Only you can make that happen, and I respectfully ask that you do.

Sincerely,
Senator Russ Fulcher
Majority Caucus Chairman, Idaho State Senate
Published in the M/P Daily News

Sunday, October 3, 2010

Post from greshambouma at CHUM.LY

The federal govt. is like a subcontractor who agrees to do a job for a certain amount, had been paid many times more than the original agreement, has abandoned the job, interferes with all the other subs and still comes demanding more payment. Fire the damn sub, or make him do the original job at the original price. http://chum.ly/n/377426

Saturday, October 2, 2010

Post from greshambouma at CHUM.LY

In modern liberalism you can’t define either good or bad, one of the many bad results is that you can no longer define and reward excellence, or define and punish incompetence. All performance is equal, and deserves equal rewards. What nonsense. One application of this principle is the idea of rewarding the govt. with more responsibility and tax revenue after it has proven itself such a gross mismanager of what it has already received. http://chum.ly/n/37027e