Greg outlines strategic faults in the president's economic plan. He fears a currency collapse is on the horizon unless a return to fiscal conservatism is implemented and interest rates are permitted to find their natural level -- without government manipulation.
Greg visits with former congressman JD Hayworth at the Capitol. Conservative Hayworth is expected to challenge moderate McCain in the Arizona senate primary later this year.
Dear Republican FriendsThe decision to enter a political race is never an easy one. Constraints -- family, financial, philosophical -- abound and obstacles, especially in challenging an incumbent, are high. Yet today I am proud and eager to come before you and seek your support in my effort to win the 12th District Congressional seat currently held by liberal Mel Watt. Many of you know me and have supported my effort in the past. While my support for our military and the need for a tougher stance against illegal immigration has not wavered, my focus during this campaign will be on our rapidly collapsing economy and the need for a return to the fiscal conservatism that ... ( Read More ) Why No Jobs?As I travel throughout our state discussing the accelerating economic collapse and the complete failure of the Democrats in the state and federal legislatures to act decisively to save our economy, I often hear, "Greg, what has happened and how are we going to get our jobs back?" The person asking is your neighbor, your relative, an acquaintance down the street. They have worked hard most of their lives but now are falling behind and can sense something is very wrong. The Democratic "leaders" in Congress and the General Assembly assure them things are fine. "The recession is over," they crow. "The president's plan has brought hundreds of thousands of new jobs," etc, etc, etc. Each statement a bigger lie than the one before. Meanwhile citizens of North Carolina can't find work and are struggling to survive. Increasingly it becomes more difficult to pay for food, utilities, the mortgage and needs for the kids. The debt bubble is strangling each of us in a tightening economic noose that drives free men and women to their knees. Our jobs have been sacrificed on an altar of globalization created and sustained by men like Price, Watt, Butterfield, and Kissell. Their answer always seems to be more stimulus, more spending -- and, of course, more debt. Meanwhile, working men and women are crushed as jobs flee the economic wasteland ... ( Read More ) Why The Crash?There are two types of "money" competing with each other in America today as our economy enters the final stages of a deflationary economic collapse. First is the after-tax true-labor result of working people in the economy -- the fruit of honest work by regular people. This "money" is the sum result of sweat, blood, tears and toil by working class Americans and accurately reflects the economic output of this great country we call home. Unfortunately this honest value is overwhelmed by the second type of "money" -- and therein rests the root of out current economic catastrophe. A catastrophe, I might add, the president and his current crop of congressional underlings seem little interested in avoiding. Of course not as this second type of "money" seems ... ( Read More ) |