The New Federalism: Economic Slavery

Economic Enslavement verses Sovereign Civil Rights the Fight is On

This year the federal government will spend 50 cents for every dollar from borrowed money, the other half will come from taxes.  America already in a recession comparable to the Great Depression will try to spend its way to prosperity by using a new totalitarian fascist  model on its people for the first time since FDR’s presidency.

Americans are only hearing a liberal message that does not explain both sides of the issue with a idealistic concept that “government is here to help you!”  The naive and uninformed headline reading public who have forgotten what independence and liberty are find themselves numbed into following leaders rather that questioning authority.

The federal government, elected and unelected bureaucrats are consuming more and more governing authority of states and localities, leaving them beholding to a massive authority that must borrow the funds to impose its complete will upon its subjects.

This is being done in complete contradiction to the constitution, and after losing case after case at the supreme court level states and local governments and the people they govern have resigned themselves to federal encroachment in their lives.

Economic slavery is now being forced upon Americans, and these once free and independent people are willingly submitting to government edicts as the Jews submitted to the Nazis walking unchallenged into genocide.

As you read the following article by Andrew Taylor, Associated Press the only objection to the full economic take over of a states economy by the Presidents budget is coming from States that will not allow their industries and resources to be stopped by new federal regulations to impose taxation for Social-Totalitarian spending programs.

It appears that economic slavery is a contentious issue among liberal progressives when it hits their pocket books, and when the public they serve are at risk by the federal government, but will they have enough authority to stop the largest private property grab by government in Americas history?

These same elected officials now battling to save their states from economic slavery have voted to empower the same government they are fighting with the ability to create $7.1 trillion in annual deficits over 2010-2019 with optimistic economic forecasts.  The liberal progressive democrats controlling congress may battle to save a few of the electorate interests in their states but they have allowed a financial damage of massive debt to shackle their subjects like slaves to the will of the federal government.

It is the issue of economic slavery between the states and the federal government that will define the length of  oppression by a new American totalitarian government just as it did following the civil war with the abolishment of slavery and the thirteenth amendment to the constitution.

The republicans in this debate are not sidelined but the awakening of senators and congressmen to the federal threat to freedom from economic slavery by its federal government is now more apparent than ever.  How ironic that the battle for economic freedom will be waged liberals in government.

As slavery was originally enforced by the states then taken away by an amendment to the constitution, so should now the sovereign states lead the way for a new amendment to the constitution limiting the ability of the Federal Government to economically enslave the population by creating massive amounts debt.

White House: Budget deficit to top $1.8 trillion

White House: Budget deficit to top $1.8 trillion, 4 times 2008′s record,Andrew Taylor, Associated Press Writer, On Monday May 11, 2009, 10:31 am EDT

WASHINGTON (AP) — With the economy performing worse than hoped, revised White House figures point to deepening budget deficits, with the government borrowing almost 50 cents for every dollar it spends this year.

The deficit for the current budget year will rise by $89 billion to above $1.8 trillion — about four times the record set just last year. The unprecedented red ink flows from the deep recession, the Wall Street bailout, the cost of President Barack Obama’s economic stimulus bill, as well as a structural imbalance between what the government spends and what it takes in.

As the economy performs worse than expected, the deficit for the 2010 budget year beginning in October will worsen by $87 billion to $1.3 trillion, the White House says. The deterioration reflects lower tax revenues and higher costs for bank failures, unemployment benefits and food stamps.

For the current year, the government would borrow 46 cents for every dollar it takes to run the government under the administration’s plan. In one of the few positive signs, the actual 2009 deficit is likely to be $250 billion less than predicted because Congress is unlikely to provide another $250 billion in financial bailout money.

The developments come as the White House completes the official release of its $3.6 trillion budget for 2010, adding detail to some of its tax proposals and ideas for producing health care savings. The White House budget is a recommendation to Congress that represents Obama’s fiscal and policy vision for the next decade.

Annual deficits would never dip below $500 billion and would total $7.1 trillion over 2010-2019. Even those dismal figures rely on economic projections that are significantly more optimistic — just a 1.2 percent decline in gross domestic product this year and a 3.2 percent growth rate for 2010 — than those forecast by private sector economists and the Congressional Budget Office.

For the most part, Obama’s updated budget tracks the 134-page outline he submitted to lawmakers in February. His budget remains a bold but contentious document that proposes higher taxes for the wealthy, a hotly contested effort to combat global warming and the first steps toward guaranteed health care for all.

Obama’s Democratic allies controlling Congress have already made it clear that they will reject key elements of his plan. Already apparently dead is a plan to raise $267 billion over the next decade to pay for his health care initiative by curbing the ability of wealthier people to reduce their tax bills through deductions for mortgage interest, charitable contributions and state and local taxes.

And the congressional budget plan approved last month would not extend Obama’s signature $400 tax credit for most workers — $800 for couples — after it expires at the end of next year.

Obama’s remarkably controversial “cap-and-trade” proposal to curb heat-trapping greenhouse gas emissions is also reeling from opposition from Capitol Hill Democrats from coal-producing regions and states with concentrations of heavy industry. Under cap-and-trade, the government would auction permits to emit heat-trapping gases, with the costs being passed on to consumers via higher gasoline and electric bills.

Among the new proposals is a plan — already on its way through Congress — that would increase the Federal Deposit Insurance Corporation’s borrowing authority from $30 billion to $100 billion in order to grant a two-year reprieve from higher deposit insurance premiums while the industry is struggling.

Also new are several tax “loophole” closures and increased IRS tax compliance efforts to raise $58 billion over the next decade to help finance Obama’s health care measure. The money makes up for revenue losses stemming from lower-than-hoped estimates of his proposal to limit wealthier people’s ability to maximize their itemized deductions.

The updated budget also would repeal an unintended tax windfall taken by paper companies that use a byproduct in the paper-making process as fuel to power their mills. The tax credits were never intended for paper companies, but now they could be worth more than $3 billion a year, according to a congressional estimate.

The budget would make permanent the expanded $2,500 tax credit for college expenses that was provided for two years in the just-passed economic stimulus bill. It also would renew most of the Bush tax cuts enacted in 2001 and 2003, and would permanently update the alternative minimum tax so that it would hit fewer middle- to upper-income taxpayers.