Draft Jim Jordan for Speaker - April 2018

Democracy and Power 103:  Government money In general, the art of government consists in taking as much money as possible from one party of the citizens to give to the other. – Voltaire (1764)

Treasury Secretary Timothy Geithner warns that America is just 40 days away from Armageddon. Don’t let the scare tactics fool you. Even if the debt ceiling is not raised, the U.S. will not necessarily default on its debt on August 2. It’s difficult to understand how anyone would still see Geithner as an authority on the economy due to his previous gaffes on everything from the “stimulus” to the Dodd-Frank financial overhaul law.

On Thursday evening, the New Jersey assembly passed a landmark bi-partisan overhaul of the public employee benefit and pension system.  The bill passed the assembly by a 46-32 vote with 14 Democrats voted with Republicans for the bill. Now all that is needed is a signature from Governor Christie who has already touted the success of the bill’s passage.

Hydraulic fracturing, or “fracking”, seems to be a new American energy solution, or problem, depending on one’s view. Various parties, from environmentalists to businesses are heralding natural gas as the answer to our national energy crisis. Proper fracking harvests large quantities of natural gas safely and at a reasonable cost.

Democracy and Power 104: Future Debt Burden A government debt is a government claim against personal income and private property – an unpaid tax bill. – Hans F. Sennholz Federal politicians – Democrats and Republicans – have willfully and recklessly created an enormous and dangerous debt.  Politicians cannot be trusted to be prudent and honest stewards of America’s finances.

Click to listen!