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-----Original Message-----
From: rrdd3939@aol.com

Sent: Mon, Feb 8, 2010 1:53 am

       Dear Steve.

       I wish to pay you a compliment: you present liberal and socialist concepts better then the

so-called political pundits I hadn't had an intellectual work-out like that in years. You are indeed a worthy opponent. Thanks for the cerebral stimulus. But there are two floors in your thinking.

       They are 1) The Founding Father's created a Federalist/Constructionalist Constitution predicated

on Judeo-Christian principles and classic market liberal economics (later known as capitalism).

       Problem: add-ons, such as unions; signing statements, expansion of federal role; creation of

semi-independent federal agencies such as the Federal Reserve Bank; progressive income tax; etc.

       Solution: allow market forces determine interest rates; apply Amendment 10 in the Bill of Rights and define commerce clause the way the Founding Father's defined it; create a flat tax; reduce the

cooperate income tax; place limits on unions; stop expanding the welfare state; investing in R & D on the scale of the past.. Capitalistic solutions.

      They are 2: Basically, capitalism is the greatest economic/political system ever created - the

problem lies with people not the system: Clinton allowing people with little or no credit to receive

mortgages in 1998. Democrats not permitting an audit of the Fed and reigning in unions (which destroyed the public school system. Amtrak, the Postal System, the airline industry and the auto industry).. Senator Frank refusing in 2006 to examine Fannie Mae and Freddie Mac once that domino fell so did the others: commercial banks, investments banks, combos, Wall Street, auto industry.               Part of it is institutional: the socialistic concepts introduced by Wilson, Roosevelt and Johnson - - - worst of all Obama.

      Secondly people. You can create a perfect economic/political system on paper but once you

introduce people into the equation you screw up the works.

       It's fascinating that economically China and Western Europe (and Eastern Europe after the

fall of communism) are moving toward homegrown forms of capitalism while Obama takes us in

the direction of traditional socialism with possible future elements of communism.

      Restore power to the states, localities and the people (Amendment 10) which is the way are system is suppose to operate: bottom-up not top-down. The federal government can't spend it's way to long lasting prosperity( a la Obama; FDR tried it in the '30s and Japan in the'90s) and we must once again place the individual above the group if you want creativity, innovation, and productivity.

                                                                                                     Yours Truly,

                                                                                                      George, Tom, Jim and Rick