Ron Paul / Steve Kubby for President
If Ron Paul gets the GOP nomination, I will support him for POTUS. If he doesn’t get the GOP nomination, the LP will still need a candidate. I was part of a team that would like to offer the LP nomination to Ron Paul, but he has already refused it. So, in the alternative: Kubby wants to use my economic program
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(i) repeal the 16th Amendment (income tax) and
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(ii) stop using “imaginary numbers” in government budgeting.
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(iii) cut government programs in a tri-bi-partisan way in Congress, with supplemental appropriations and continuting resolutions only after Congressional oversight committee hearings, to review government inefficiency and get rid of waste.
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Less-than-full-year appropriations: Continuing Resolutions can become a budgeting tool to cut spending. Kubby supports this idea, to use a “look back” method to determine how much each government program should be INCREASED (adjusted for inflation and/or cut in real terms) annually.
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Negative COLA: If a program is not supplemented by new appropriations, it will be cut in real terms; the appropriated dollars buy less - and those programs just have to continue getting the same number of shrinking dollars. [ shed a tear ]
So, I support Steve Kubby’s effort to promote my budget-theory ideas - to use a Gandhi/passive resistance-with-veto technique to cut spending (in real terms).
Back in 1982-84, I am proud to tell you that I worked for Ron Paul, as his staff aide on the Banking Committee. Ron Paul introduced the bill I wrote to begin minting U.S. gold bullion coins, and it did become Public Law 99-185. Ron Paul has become famous for my work on gold coinage, and it makes me happy.
I hope Steve Kubby can become famous for my work on government budget systems, too. Mountains can be moved if you let others take credit for the miracle. Isn’t there a quote about Muhammad and a mountain?
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Regards, Joe Cobb
Glendale, Arizona
www.JoeCobb.com
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March 27th, 2008 at 1:29 am
Very clever, but this proposal does not solve the problem of Entitlements, like Medicare and W.I.C. or even formula grants for education and law enforcement. There is a large part of the Federal budget that is not driven by appropritions, but the spending is automatic - based on formula “entitlements.”
What you might consider would be to establish a “firewall” or formula percentage of the Federal budget that would go for Entitlements. Let’s pick 50 percent.
The tax money would come in, and 50% of it would go immediately out for payment of entitlements. If the money did not come in, the entitlements would be reduced, shaved down proportionately. Grandma would not get her full check next month, due to insufficient funds.
Common sense. Household budget rules are sensible. Insufficient funds is a common concept.
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