Missouri's 7th District, U.S. House of Representatives
Bringing LIBERTY to Capitol Hill -- 2010 OZARKS VIRTUAL TOWN HALL
Saturday Morning, April 24th, 2010, 10:30am
A Discussion of The President's Saturday Morning Radio Address
Click here to listen to the April 24th, 2010 Ozarks Virtual Town Hall
Notes and Summary of the President's Weekly Radio Address:
Promising News From the Auto Industry
The White House Press Office: – In his weekly address, President Obama said that while the government is ending many of emergency programs put in place to stabilize the financial sector and restart lending, Wall Street reform remains urgently needed. General Motors announced that it has repaid its loan to taxpayers with interest five years ahead of schedule, and Chrysler Financial has already fully repaid with interest its loan as well. While this is good news, it is also a reminder that the crisis in the auto industry was caused in part by problems in the financial sector.
To help prevent another crisis, Congress needs to enact reforms to hold Wall Street accountable and protect consumers. (continued below)
America's Founders envisioned the American people, acting as businessmen, humanitarians, and missionaries, engaging in commercial and charitable activities around the world, bringing peace and receiving the admiration of the world.
"The great rule of conduct for us, in regard to foreign nations is in extending our commercial relations to have with them as little political connection as possible."
— Washington, Farewell Address (1796) [Washington’s emphasis]
"I deem [one of] the essential principles of our government, and consequently [one] which ought to shape its administration,…peace, commerce, and honest friendship with all nations, entangling alliances with none."
— Jefferson, First Inaugural Address (1801)
Bush's unconstitutional military invasion of Iraq has destroyed Christianity in that country.
Under Saddam Hussein's secular government, Christians in Iraq had greater freedom than in most other Arab nations, and one of the largest Christian populations in the Muslim world was in Iraq.
Iraq is now an Islamic theocracy under Sharia law. The Christian population has been destroyed. Christian Churches are burned and terrorized with impunity.
Obama is following in Bush's unconstitutional, anti-Christian footsteps.
It was little more than one year ago that our country faced a potentially devastating crisis in our auto industry. Over the course of 2008, the industry shed 400,000 jobs. In the midst of a financial crisis and deep recession, both General Motors and Chrysler – two companies that for generations were a symbol of America’s manufacturing might – were on the brink of collapse. The rapid dissolution of these companies – followed by the certain failure of many auto parts makers, car dealers, and other smaller businesses – would have dealt a crippling blow to our already suffering economy. The best estimates are that more than one million American workers could have lost their jobs.
These workers would have found new jobs under New Management.
The previous administration extended temporary loans to both companies. Even so, when I took office, the situation remained dire. We had to determine whether or not we could justify additional taxpayer assistance. After all, many of the problems in the auto industry were a direct result of poor management decisions over decades. So it wasn’t an easy call. But we decided that while providing additional assistance was a risk, the far greater risk to families and communities across our country was to do nothing. We agreed to additional help, but only if the companies and their stakeholders were
willing to break with the past. They had to fundamentally reorganize, with new management that would reexamine the decisions that led to this mess and chart a path toward viability. I knew this wasn’t a popular decision. But it was the right one.
Those who raised their right hand toward heaven and invoked God's Name in a solemn oath to abide by the Constitution should have done "nothing." That is what "We the People" authorized them to do in the Constitution.
So, GM and Chrysler went through painful restructurings: ones that required enormous sacrifices on the part of all involved. Many believed this was a fool’s errand. Many feared we would be throwing good money after bad: that taxpayers would lose most of their investment and that these companies would soon fail regardless. But one year later, the outlook is very different. In fact, the industry is recovering at a pace few thought possible.
Just this week we received some encouraging news. Since General Motors emerged from bankruptcy, the auto industry has actually added 45,000 jobs – the strongest growth in a decade. And Chrysler announced an operating profit in the first three months of this year. This is the first time Chrysler has reported a profit since the beginning of the economic crisis. What’s more, GM announced that it paid back its loans to taxpayers with interest, fully five years ahead of schedule. It won’t be too long before the stock the Treasury is holding in GM can be sold, helping to reimburse the American people for their investment.
Were these loans paid back with other taxpayer money? Are the union's "post-employment" benefits now fully-funded, or are they still left off the accounting books?
In addition, Chrysler Financial has already fully repaid with interest the loans it received to support auto financing. And we are closing the books on the temporary program that helped parts suppliers weather this storm – returning this investment to the Treasury in full, with interest, as well. Finally, we are bringing to an end many of the emergency programs designed to stabilize the financial sector and restart lending so folks could finance cars and trucks – as well as homes and small businesses.
On Friday, in fact, the Treasury Department informed Congress that this financial rescue – which was absolutely necessary to prevent an even worse economic disaster – will end up costing taxpayers a fraction of what was originally feared. This is a direct result of the careful management of the investments made by the American people so that we could recoup as many tax dollars as possible – and as quickly as possible.
The "American People" refused to invest in GM, which is why Obama had to. "Invest?" Does a bankrupt government really "invest?"
These steps, as well as others we’ve taken, have meant that millions of people are working today who might otherwise have lost their jobs. But these steps were never meant to be permanent. As I’ve said many times, I did not run for president to get into the auto business or the banking business. As essential as it was that we got in, I’m glad to see that we’re getting out.
At the same time, even as we have come a long way, we still have a ways to go. The auto industry is more stable today. And the economy is on a better footing. But people are still hurting. I hear from them just about every day in letters I read and in the towns and cities that I visit. No matter what the economic statistics say, I won’t be satisfied until folks who need work can find good jobs. After a recession that stole 8 million jobs, this is gonna take some time. And this will require that we continue to tackle the underlying problems that caused this turmoil in the first place.
In short, it’s essential that we learn the lessons of this crisis – or we risk repeating it.
The economy is still on a foundation of paper. This foundation is unethical and tyrannical.
Now, part of what led to the crisis in our auto industry – and one of the main causes of the economic downturn – were problems in our financial sector. In the absence of common-sense rules, Wall Street firms took enormous, irresponsible risks that imperiled our financial system – and hurt just about every sector of our economy. Some people simply forgot that behind every dollar traded or leveraged, there is a family looking to buy a house, pay for an education, open a business, or save for retirement.
Obama now shifts the subject from Detroit to Wall Street, and his proposed regulatory "reforms."
That’s why I went to New York City this week and addressed an audience that included leaders in the financial industry. And once again I called for reforms to hold Wall Street accountable and to protect consumers. These reforms would put an end – once and for all – to taxpayer bailouts. They would bring greater transparency to complex financial dealings. And they will empower ordinary consumers and shareholders in our financial system. Folks will get clearer and more concise information when they make financial decisions – instead of having to worry about deceptive fine print. And shareholders and pension holders will have a stronger
voice in the boardrooms of companies in which they invest their savings.
That’s how we’ll restore trust and confidence in our markets. That’s how we’ll help to put an end to the cycle of boom and bust that we’ve seen. And that’s how – after two very difficult years – we will not only revive the economy, but help to rebuild it stronger than ever before.
Ignorance or deception: none of these "reforms" are related to the "business cycle."
“Why Americans Should
365 Days a Year”
The word "Christ" means "King." The Message of Christmas and the Principles set forth by the Christ (the Messiah) who came that first Christmas are the real solution to America's problems. The Federal Government is at war with Christmas and "The Way of Peace" announced by the Prince of Peace. The Government should be on His shoulders (Isaiah 9:6-7). Abolishing a Messianic State is the only appropriate way to honor the Messiah.
Otherwise Christmas becomes mass hypocrisy.
John the Baptist prepares the way for the Messiah, as prophesied of Elijah.
As you read the Gospel accounts, ask yourself how you would react if you knew these accounts were really true. Not just true in some "religious" sense, but reported in the New York Times, proven in a court of law, or acknowledged by your personal hero. (How do you know something is true? Do you even have any "heroes?") How should you change your life if your Creator became a human being? How should Washington D.C. react if this human being claimed to be the true Ruler?
The Prophet Micah predicted that the Messiah would be born in Bethlehem. Jesus' parents lived in Nazereth. Therefore God predestined Caesar to issue a decree (probably relating to taxes) that would bring Joseph and Mary to Bethlehem before Jesus was born.
Bush claims the same global power of confiscation and migration as Caesar did. Thousands of Christians have been forced to move out of Iraq to make way for Bush's Islamic Theocracy.
An army of angels announces the birth of the Messiah, saying,
“Glory to God in the highest,
And on earth peace to those with whom He is pleased!”
Man's chief end is to glorify God and live in peace. The Bush Administration's chief end is to erect a "wall of separation" between God and government so that the State gives no glory to God, and to wage war, thereby "stimulating the economy."
When Herod got word of the birth of a rival king, he behaved in a perfectly logical way (for someone who wants to protect his power): he massacred all male babies the age of Jesus. Herod recognized that Jesus was a threat to Herod's power.
Every day in America 4,000 unborn babies are murdered. These babies must threaten something.
Millions of Americans who call themselves Christians, on the other hand, are no threat to tyranny. None of them are being killed. Bush has killed a thousand times more human beings than Herod did, and confiscated a billion times more wealth than Herod did.
Herod's son Antipas played a small role in the execution of Jesus Christ. But Jesus rose from the dead, was enthroned on the throne of David at the right hand of God, and assumed the rightful role of King over all nations.
Orange, Calif: So many Christian commentators today make the claim that virtually all founding fathers were really members of anti-Christian secret societies, e.g., Masonic orders. Your approach to the history of the founding period of our nation is that the Founding fathers were Christian and by implication that the intent behind the Constitution was overwhelmingly Christian. Could you comment on the difference between these perspectives?
"In recent years, Freemasonry and its links to the Founding Fathers has been a focal point of controversy. This new work explores the truth behind this connection and corrects the numerous myths about Freemasonry and the Founders. Primary sources reveal both the Founders' limited involvement with Freemasonry as well as the dramatic changes that Masonry has undergone since the time of the Founders. This work provides an insightful history of the secret society and offers convincing proof of its relatively small influence on America's foundations." WallBuilders.com: The Question of Freemasonry and the Founding Fathers
"No political order can be religiously neutral, and the modern political order in the United States and other Western nations, called "pluralism," is in reality polytheism. As in the ancient world, polytheists are offended at those who claim that there is only one God, and this is why orthodox Christianity is increasingly under assault in the United States and throughout the Western world. In this book, Gary North brings his many years of theological and historical research to bear on the question of how this polytheistic state of affairs came about, and what must be done about it. In a powerful argument, sure to be controversial, North points a finger at the framers of the Constitution of the
United States, who self-consciously broke with 1000 + years of Western heritage by not referring to the Trinity and to Christ as King. This was the hole in the dike, North contends, through which modern secularism has poured. No one concerned about the state of the American nations can afford to ignore this book." Free online
"The question of where ultimacy lies should be central to the Christian. It is easy to see the social implications of allowing priority to fall to either the one or the many. This volume examines in-depth the Christian solution to the problem of the one and the many — the Trinitarian God. Only in the Godhead is this dilemma resolved. Only in the Trinity does there reside an equal ultimacy of unity and plurality. Rushdoony examines the history of Western thought from the standpoint of the one and the many and demonstrates clearly that the most astute thinkers were unable to resolve this philosophical conflict. What is needed now is a complete return to the Trinitarian view of God and its implications
for a Christian social order."
I’m Kay Bailey Hutchison, United States Senator from Texas.
For more than a year, Democrats and Republicans on Capitol Hill have been working to craft legislation that would prevent another catastrophic financial crisis like we saw in the fall of 2008.
Republicans are working to ensure the bill would forbid any future bailouts of Wall Street banks. The idea that a financial institution is ‘Too Big To Fail’ perverts free market capitalism. It suggests that large firms can privatize their profits, yet socialize their risks.
Or, put simply, these companies take their profits in good times - but when things go bad – they turn to the government to bail them out. This must end. The American people should not be forced to pay the risky gambling debts of the large financial institutions.
The Democrats pushed a bill through the Senate Banking Committee that does not stop future bailouts. Republicans have been attacked for speaking out against it and asking for bipartisan negotiations before allowing the bill to be debated on the Senate floor. But to be clear, we will stand firm against a partisan bill that exposes ordinary taxpayers to future bailouts or favors big companies over community banks across America. The tactics the Democratic leadership used to pass the health care bill must not be repeated.
Thankfully, negotiations in the Senate continue. It's time for the name-calling to stop. Getting our economy back on track is too important to allow political games to sidetrack these efforts.
Both parties agree that any financial regulation should do one essential thing: no company should be considered ‘too big to fail.’
And never again should taxpayers be expected to bail out those who made risky financial bets with other peoples’ money.
Unfortunately, the White House is attacking Republican leaders to score political points. Americans are troubled by the way Democrats forced their health care bill on the public that overwhelmingly opposed it.
The Democrats are trying to do it again. But they underestimate Americans’ understanding.
The fact is a growing number of experts on both sides of the ideological spectrum are coming to see what Republicans have been saying all along: the Financial Regulation Bill contains serious flaws.
We believe this bill can be fixed, with a sincere bipartisan solution.
And, as the President said in his visit to Wall Street on Thursday, we are still working on a bipartisan bill ‘drawing on the ideas of Democrats and Republicans.’ That’s a far cry from last week’s comments.
It’s time for Democrats to put away the political playbook and simply say publicly what they’re suggesting privately: that this bill still needs some work, that both parties should come together to do that work on behalf of the American people. We can prevent future bailouts.
We can address the root causes of the economic downturn. But, first, we need to put politics aside.
Thank you for your time.
If you take nothing else with you from today's "Virtual Town Hall," remember this:
Third, the purposes for which today's government uses taxes
are destructive of civilization itself.
What Would America's Founding Fathers Do?
The men who threw tea into the Boston Harbor over a tax of 3 pence per pound would not be happy with a tax ten times greater on every gallon of gas. Those who took up muskets over a total tax burden of less than 3% would not be happy with the fact that the federal government now takes more than half of everything you earn.
Today it is illegal for public school teachers to teach their students that the Declaration of Independence is really true (and not just an outdated historical document). The federal government is clearly at war with everything the Founding Fathers stood for.
America's greatest Americans would abolish today's federal government.
Muskets are Not an Option
There are two reasons why we should not take up arms to pull off the violent overthrow of the federal government, even if America's Founders would surely do so. First, the feds have nukes. Second, violent revolution is unChristian and unBiblical. We must beat our swords into plowshares and use persuasion to abolish tyranny. This is time for a revolution of ideas.
Revolution Won't Come in a Day
John Adams once wrote that the American Revolution began in 1761, when Massachusetts attorney James Otis began legal challenges to the Writs of Assistance. He lost the case, but "American independence," Adams wrote, "was then and there born." Now do the math. That means it took 15 years to convince the rest of America to declare Independence (1776).
Then another seven years of war was required before a Peace Treaty was signed (1783), and then six years before the Constitution was finally ratified (1789). That's almost 30 years. (And Jefferson said we shouldn't go 20 years without another rebellion!) How can we hope to convince Americans to fight for principles they were never taught in government schools? We need to be in this battle for the long term. "Eternal Vigilance is the Price of Liberty."
Every great athlete has a coach.
If you want to be a great American you need a coach.
If you want to achieve great things for your country, you need a coach.
Imagine what you could do if George Washington, "the Father of his Country,"
could travel through time and be your personal coach.
The results could be extraordinary.
Contact Congress -- this is from the JBS website, powered by "CapWiz," from Capitol Advantage. Lots of organizations use capwiz. If you don't want to go through the JBS, search for capwiz on Google and find another organization that uses it.
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Action E-List Sign up for the JBS Action E-List and be notified when you can make a critical difference on important issues.
Help End the Mexican Civil War
Black-market profits caused by drug prohibition fund a civil war in Mexico that's threatening to spill over our borders. Drug profits also fuel the terrorists who are killing U.S. soldiers in Afghanistan. It's time to dry up the black-market profits. It's time to end drug prohibition.
Make Congress Read Their Bills Before Voting
Make Congress read every word of every bill they create before they vote on it.
Urge your Representative and your Senators to sponsor DownsizeDC.org's “Read the Bills Act” (RTBA).
End the FED
The Federal Reserve System constantly inflates and deflates the supply of money and credit, causing booms and busts. It's time to get off this roller-coaster. It's time to end the Fed.
No government money, whether borrowed or taxed, should ever be used to bailout private financial interests. If you agree, please send Congress a message telling them so.
TWIC - A Backdoor Real ID Card
Real ID is dying. But the Department of Homeland Security has a new plan to subject every American to a national ID card anyway. They plan to pick off one occupational field at a time, starting with the maritime industry. One man is fighting back. Meet him, and help stop this backdoor Real ID plan.
Stop the Killer Horse Hormones
The FDA "outlawed" the use of Estriol, an estrogen medication that's bio-identical to human estrogen. Doctors must now prescribe animal-derived estrogen instead. Are bio-identical hormones dangerous, while animal-derived hormones are safe? No. The practice of medicine is moving to chemically identical to human hormones and away from animal hormones. Learn why the FDA decided to endanger women's health in this way, and take action.
End Asset Forfeiture
If the government suspects you used your house or car in a crime, they can take it and sell it at auction. They don't even have to prove your guilt. They call this practice civil asset forfeiture, but it's really theft. It violates the 4th, 5th, 6th, 8th, 9th and 14th Amendments. It also encourages law enforcement to put profits before justice. Tell Congress to end civil asset forfeiture.
Support an Iraq Referendum
Americans keep debating when, how, or if to leave Iraq. Maybe we should ask the Iraqi people what they want. After all, it's their country. Tell Congress to request that the Iraqi government hold a public referendum on the U.S. occupation. Learn more »
Make Congress read every word of every bill they create before they vote on it.
Urge your Representative and your Senators to sponsor DownsizeDC.org's “Read the Bills Act” (RTBA).
Unelected bureaucrats create tens-of-thousands of new dictates each year. Making rules is the job of Congress, not bureaucrats.
DownsizeDC.org has drafted the “Write the Laws Act” to end bureaucratic “legislation without representation.” Click here . . .
"Cap and Trade" is not the way
The politicians seem to be unifying around "cap and trade" as a way to cut CO2 emissions. If they take this step it may be the largest increase in the size, scope, and intrusiveness of government since the creation of Medicare. Worse still, it may not even achieve its purpose. Please tell Congress to oppose "cap and trade." Learn more »
Big government prospers through failure. Each new failure is used to justify more spending and new powers. Wasteful spending in Iraq is the latest example. One way to change this is to hold government accountable. A new bill in Congress seeks to provide some of the needed accountability. Please support it. Learn more »
Stop the War for Terror U.S. policy has inflamed the Middle East. It has made terrorism more likely rather than less. We seem to be fighting a war for terror, rather than on terror. This policy must stop. The place to start stopping is with Iran. We must not attack Iran. War with Iran would devastate our economy, disrupt world oil supplies, and recruit more terrorists. Click here to stop this war before it starts.
Click herefor a replay of this edition of the Ozarks Virtual Town Hall