Ron Responds to Obama
Posted on January 25, 2012 by LHR Jr.
"Tonight, President Obama once again showed that he does not represent the fundamental change this country needs. Instead of offering solutions to the problems our country faces, the President was intent on delivering a campaign speech, further dealing in the typical Washington political gamesmanship that has gotten us exactly nowhere close to improving the lives of the American people.
"In a speech where much of the rhetoric was devoted to job creation, it was strange that President Obama would brag about his job-destroying national health care plan, Obamacare, and the Dodd-Frank bill, which, contrary to the President's claims, guarantees future taxpayer bailouts of large institutions. Unfortunately, President Obama's 'job creation' policies amount to little more than continuing to allow government bureaucrats to pick winners and losers, which is a recipe for continued economic stagnation.
"President Obama claims to want an economy where everyone gets a fair shot, everyone does their fair share, and everyone plays by the same set of rules. Yet he remains committed to the same old system of debt, deficits, bailouts, and cronyism that created our economic problems. The President speaks of giving us energy independence from unstable nations, yet he refuses to allow the type of development needed to achieve this goal, while at the same time his administration hands out favors to the politically connected – those given to the likes of Solyndra, who fail to produce jobs or energy but succeed in ripping off the taxpayers.
"Of course, President Obama refuses to even mention the role the Federal Reserve plays in creating an economic system where some are denied a fair shot or even to support my efforts at bringing transparency to the Federal Reserve. Also not mentioned by President Obama is the very crucial need for reining in spending and balancing the federal budget. What is called by some 'the greatest threat to our national security' seems not to be of great importance to this President, although I, like many Americans, believe it to be cause for immediate measures, like the $1 trillion in spending cuts that would take place in my first year as President under my Plan to Restore America.
"In the area of foreign policy and civil liberties, President Obama's rhetoric may be different, but the substance of his polices - as shown by his administration's defense of the TSA's treatment of my son, Senator Rand Paul, is hardly 'change we can believe in.' No wonder more and more Americans, especially young people, are rejecting the phony alternatives of Obama and establishment Republicans and embracing my campaign to Restore America Now."
America is the greatest nation in human history. Our respect for individual liberty, free markets, and limited constitutional government produced the strongest, most prosperous country in the world. But, we have drifted far from our founding principles, and America is in crisis. Ron Paul's "Restore America" plan slams on the brakes and puts America on a return to constitutional government. It is bold but achievable. Through the bully pulpit of the presidency, the power of the Veto, and, most importantly, the united voice of freedom-loving Americans, we can implement fundamental reforms.
DELIVERS A TRUE BALANCED BUDGET IN YEAR THREE OF DR. PAUL'S PRESIDENCY:
Ron Paul is the ONLY candidate who doesn't just talk about balancing the budget, but who has a full plan to get it done.
Cuts $1 trillion in spending during the first year of Ron Paul's presidency, eliminating five cabinet departments (Energy, HUD, Commerce, Interior, and Education), abolishing the Transportation Security Administration and returning responsibility for security to private property owners, abolishing corporate subsidies, stopping foreign aid, ending foreign wars, and returning most other spending to 2006 levels.
Honors our promise to our seniors and veterans, while allowing young workers to opt out. Block grants Medicaid and other welfare programs to allow States the flexibility and ingenuity they need to solve their own unique problems without harming those currently relying on the programs.
CUTTING GOVERNMENT WASTE:
Makes a 10% reduction in the federal workforce, slashes Congressional pay and perks, and curbs excessive federal travel. To stand with the American People, President Paul will take a salary of $39,336, approximately equal to the median personal income of the American worker.
Lowers the corporate tax rate to 15%, making America competitive in the global market. Allows American companies to repatriate capital without additional taxation, spurring trillions in new investment. Extends all Bush tax cuts. Abolishes the Death Tax. Ends taxes on personal savings, allowing families to build a nest egg.
Repeals ObamaCare, Dodd-Frank, and Sarbanes-Oxley. Mandates REINS-style requirements for thorough congressional review and authorization before implementing any new regulations issued by bureaucrats. President Paul will also cancel all onerous regulations previously issued by Executive Order.
Conducts a full audit of the Federal Reserve and implements competing currency legislation to
strengthen the dollar and stabilize inflation.
Dr. Paul is the only candidate with a plan to cut spending and truly balance the budget. This is the only plan that will deliver what America needs in these difficult times: Major regulatory relief, large spending cuts, sound monetary policy, and a balanced budget.