Sunday, August 7, 2016

On Restoring the Homestead Act and Transferring Lands under the Control of the Bureau of Land Management back to the States and the Citizens

On Restoring the Homestead Act and Transferring Lands under the Control of the Bureau of Land Management back to the States and Citizens.    

   Among the simplest ways to encourage economic growth is by transferring land from the Federal Government to the States for their free and fair use.  The Bureau of Land Management currently controls 247.3 million acres of land. While some may be hard working and intelligent, the thing is, most of these bureaucrats know very little about the productive economic management of land.  I care immensely about conservation, but believe sincerely that the best form of conservation is blended with healthy human ecosystem, and the Christian Stewardship of the lands involves its profitable usage.  Ever since Theodore Rosevelt’s successful legacy of conservation, each subsequent president has attempted to up him by putting aside more lands for conservation.  Today, fires rage across these untended to lands left idle, destroying the trees, ecosystems and homes of people who live along their periphery.  There is a better way to use this land to improve standards of living for American Citizens.  Take the work of Irvine Company and what it has done with Irvine Ranch for example (IrvineCompany.com). Beyond agriculture, forestry, fishing and hunting, there are also ample opportunities for lumber, grazing, farming, mining and oil and gas extraction.  

     From 2014 to 2015 mining output dropped by an alarming 29.5% and is down from 2008 by 40%!  Within this sector, Oil and gas extraction from 2014 to 2015 dropped down by 42%, and from 2008, as of 2015 is down 58%!  Farming is down from 2014 to 2015 by 10%.  These are alarming trends in major industries where the United States of America has long been a powerhouse.  Part of these numbers are the result of lower fuel prices, but part of the lower fuel prices are the direct consequence of federal policy, particularly relating to Saudi Arabia and strategic efforts to bleed the treasuries of Iran and Russia while squeezing out smaller American oil producers from the market.  Another large part of it, however, has to do with trade and import policies, along with environmental and labor regulations that have made it more difficult for oil and mining companies to be profitable and prevented the movement of profitable permits for extraction.  By handing these lands over to the States and freeing up the red tape, an issue within which we will delve into with much greater detail in the coming months, a better balance between environmental conservation and human economic needs can be met that brings an end to lackluster workforce participation, median income and GDP growth. (U.S. Bureau of Economic Analysis "Gross Output by Industry" www.bea.gov 

     If this was done in conjunction with a repeal of the homestead act, that if reinstated with a provision reserving homestead-ready lands for Natural Born Citizens with land acquisition caps in one legislative act, without any tax, spending, or borrowing increases the government of the United States of America could virtually end homelessness and provide outstanding opportunities to grow the construction, mortgage, finance, banking and real estate industries.  This is an easy way to substantially free up economic opportunities for not only growth, but to expand access to the American Dream to millennials.  Focused programs, that put college grads in homestead houses, for example, could reward their hard work and expand the American Middle Class.  

If Hillary Clinton Were Elected and Things Stayed the Same...

If Hillary Clinton Were Elected and Things Stayed the Same
by Theo Johnson

Based on a recent conversation with a Bernie Sanders supporting Millennial I'm deducing that the new way by which Democrats are pitching Bernie Sanders supporters on a vote for Hillary Clinton, is based on a combination of fear mongering them with lies of what a Trump presidency would be and by programming them to think that "if Hillary's elected and nothing changes, I'll be good." Let's take a look at what, "if nothing changes," actually means. 
The Obama Administration has been defined by nearly a 1 trillion dollar budget deficit year in and year out causing him to accumulate more debts on our behalf than every other president in US history combined. The 8 trillion dollars in debt accumulated by the Obama Administration would have been far worse had Senator Ted Cruz not lead the push for sequestration which imposed across the board cuts. 
What's worse, is this deficit spending has not translated to growth, in fact, GDP growth was measured at a meager 1% for the past year. The Federal Government's debt is already hovering above 19.4 trillion dollars, but unlike some countries, federal debt is only a portion of the picture because when you take into account our local and state debts the total is closer to 22.4 trillion dollars. The prior, is about 107% of GDP and the later, about 124% of our GDP. 
The Obama Administration has placed our Government finances and posterity in a far worse economic position than when he came into office. For the sake of buying votes he spent foolishly on dependence inducing programs that discourage productivity such as food stamps and healthcare reform. While deficit spending may be justified to spur economic growth, the consequences of his policy have been dismal, and inexcusably, despite quantitative easing, stimulus spending and deficit spending, President Barack Obama has failed to produce any meaningful economic growth. Essentially, the Democrats under Carter were a disastrous tax and spend party, Bill Clinton brought the party to the Center right and moved it away from tax and spend to a party of pay as you go with the disciplining help of a Republican controlled house. Barack Obama transformed the party into a borrow and spend party. Onerous regulatory measures have prevented a healthy economic recovery and debt liabilities will inevitably place a drag on long term economic growth. I've already pointed out on many instances, that Hillary Clinton is not the pragmatic centrist moderate her husband was as President, but is in fact through and through a left wing radical in her acts, deeds and own words without shame. She is economically illiterate and the cost of her policy proposals are daunting. While her answer to this is to let Bill Clinton fix the economy, his age and health are in clear disarray. Both her social and legislative agenda directly undermine prospects for economic growth. 
With 8 years of Hillary Clinton and no change, at a continued 1% growth rate our GDP in 2024 would be only 19.39 trillion dollars. At the same average accumulation of debt as we saw under Barack Obama, most likely less than our nation would see if Democrats took control of Congress, the debt amount would balloon from 19.4 trillion to upwards of around 27.4 Trillion dollars of debts. At this point, our debt would be over 141% of our nation's GDP. As debt liabilities grow, so to do the costs of servicing our debts in the form of interest payments. The combination of slow growth and rapid debt accumulation results in more and more of our tax revenues being diverted from investment in our security, economy, infrastructure, education, justice and social programs and instead towards debt payments pushing us further along towards the path of insolvency and the cascade of calamity that would result from national bankruptcy.
This is why a proven negotiator, manager and businessman such as Donald Trump makes sense for America in 2016. A pro-growth agenda and commitment to moving us closer to a balanced budget and eventual surplus has to be the priority. If Trump and the Republicans can match Reagan's average GDP growth of 7.9%, by 2024 our nation's GDP will be 32.91 trillion dollars. As the GDP goes up, so to do tax revenues. While Reagan did take on some debts as a consequence of cold war strategy, he only added around 1.8 trillion dollars in total debts over 8 years. With Trump/Pence in the White house and Republican control over Congress and the Senate we could easily limit our debt spending to only 1.8 trillion (the annual budget deficit has already been reduced by Republican control of the Congress and Senate to ~400 billion annually) bringing our total debts to 21.2 trillion as budgets are moved to surpluses and our debt can begin to actually be paid down. By the end of 8 years of Trump/Pence USA's debt to gdp ratio will be 64.4%. Over the next few months I'll start showing you how this can be accomplished. What is astonishing, with smart decision making and the combination of sensible policy and leadership, I'll show you how Intelligent Business leadership focused on the National Interest can easily accomplish this type of growth without increasing federal spending or raising taxes.