Taxes, Economy and Government Spending

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Taxes, Economy and Government Spending

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A grass roots effort to restore Good Government for the People of Georgia

Southern Party of Georgia Taxes, Economy and Government Spending 


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Trade Deficit: August - 2008 - Current financial crisis is tip of iceberg

"Foreign interests have more control over the US economy than Americans, leaving the country in a state that is financially imprudent. More and more of our debt is held by foreign countries – some of which are our allies and some are not. The huge holdings of American government debt by countries such as China and Saudi Arabia could leave a powerful financial weapon in the hands of countries that may be hostile to US corporate and diplomatic interests.”

The August, 2008 Trade statistics were released on October 10 and remained at a very high and unacceptable level.  This article is of course almost a month later than usual. But with the 'financial market crisis" and election approaching, it was obvious few cared about the trade deficit. The media, the candidates and all of the multitude of talking heads were just absorbed with other things. So I put this one off until after the election.

In January this year - we started tracking our trade with our NAFTA partners [sic].  In just January through August we have a trade deficit over $101,432,000,000.00 or 101.4 Billion USD.

Note that NAFTA was passed by a very narrow margin in 1992 and supported by both Democratic President Bill Clinton, and the 1996 Republican Presidential nominee - then Senator Bob Dole. So NAFTA was brought to us by both the Republicans and Democrats.

Click here for more information


Trade Deficit: July - 2008 - American economy going wrong way

"Foreign interests have more control over the US economy than Americans, leaving the country in a state that is financially imprudent. More and more of our debt is held by foreign countries – some of which are our allies and some are not. The huge holdings of American government debt by countries such as China and Saudi Arabia could leave a powerful financial weapon in the hands of countries that may be hostile to US corporate and diplomatic interests.”

The July, 2008 Trade statistics have been released and remain at a very high and unacceptable level.  The trade deficit is just one symptom of the problems being created by our failed economic and political systems. While somewhat complex it does provide a monthly gauge on the flow of wealth into or out of our country. Obviously a massive outgoing flow can not be sustained forever.

In January this year - we started tracking our trade with our NAFTA partners [sic].  In just January through July we have a trade deficit over $88,235,000,000.00 or 88.2 Billion USD.

Note that NAFTA was passed by a very narrow margin in 1992 and supported by both Democratic President Bill Clinton, and the 1996 Republican Presidential nominee - then Senator Bob Dole. So NAFTA was brought to us by both the Republicans and Democrats.

Click here for more information


Failed Economic policies getting closer to home ...

For several years the Southern Party has been pointing out the long term effects of our country's failed economic polices. These are of course complex issues and require some digging to understand how the Republican and Democratic leadership and parties are both failing to solve the problems.

Click here for more information


Trade Deficit: June - 2008 - the song remains the same

"Foreign interests have more control over the US economy than Americans, leaving the country in a state that is financially imprudent. More and more of our debt is held by foreign countries – some of which are our allies and some are not. The huge holdings of American government debt by countries such as China and Saudi Arabia could leave a powerful financial weapon in the hands of countries that may be hostile to US corporate and diplomatic interests.”

The June, 2008 Trade statistics have been released and remain at a very high and unacceptable level.  Due to schedule conflicts this monthly commentary was not published the last two months, but aside from higher numbers nothing much as changed. For those benefiting from our failed economic policies that is good new, for the rest of us, our children and future grandchildren it is not good news.

In January this year - we started tracking our trade with our NAFTA partners [sic].  In just January through June we have a trade deficit over $74,370,000,000.00 or 74.3 Billion USD.

Note that NAFTA was passed by a very narrow margin in 1992 and supported by both Democratic President Bill Clinton, and the 1996 Republican Presidential nominee - then Senator Bob Dole. So NAFTA was brought to us by both the Republicans and Democrats.

Click here for more information


Trade Deficit: March - 2008 - focus on foreign owned debt

"Foreign interests have more control over the US economy than Americans, leaving the country in a state that is financially imprudent. More and more of our debt is held by foreign countries – some of which are our allies and some are not. The huge holdings of American government debt by countries such as China and Saudi Arabia could leave a powerful financial weapon in the hands of countries that may be hostile to US corporate and diplomatic interests.”

The March, 2008 Trade statistics have been released and remain at a very high and unacceptable level.  Even with many saying that our economy is entering a recession, our March, 2008 trade deficit was $58,200,000,000.00 or 58.2 Billion USD.

Last month we started tracking our trade with our NAFTA partners [sic].  In just January through March we have a trade deficit over $35,413,000,000.00 or 35.4 Billion USD.

Note that NAFTA was passed by a very narrow margin in 1992 and supported by both Democratic President Bill Clinton, and the 1996 Republican Presidential nominee - then Senator Bob Dole. So NAFTA was brought to us by both the Republicans and Democrats.

Click here for more information


Trade Deficit: February - 2008

The February, 2008 Trade statistics have been released and remain at a very high and unacceptable level.  Even with many saying that our economy is entering a recession, our February, 2008 trade deficit was $62,300,000,000.00 or 62.3 Billion USD.

Last month we started tracking our trade with our NAFTA partners [sic].  In just January and February we have a trade deficit of just a hair under $23,000,000,000.00 or 23 Billion USD.

Note that NAFTA was passed by a very narrow margin in 1992 and supported by both Democratic President Bill Clinton, and the 1996 Republican Presidential nominee and then Senator Bob Dole. So NAFTA was brought to us by both the Republicans and Democrats.

Click here for more information


Principle of "limited government" has been lost ...

We have posted several articles on the growth of both taxes and government spending. Some have complained that we have, like this article, focused on the Republican Party. There is some truth to that. The main reason is that the Republicans are now in power at the national level, controlling the White House, Senate and House of Representatives.

Since they claim to be the party of "less government" one would expect less government.

click here for more


Hang on to your wallet! Here comes "no tax - except this one" Perdue again!

If anyone does not believe that the Atlanta Chamber and their politically correct buddies are still running the State of Georgia, just watch where Atlanta dung flows! Or rather just watch how much the rest of Georgia gets to pay for Atlanta dung!

Now, we are not being critical of Atlanta for their generation of dung, even private homes nestled up here in the mountains have to deal with this byproduct. But we have to pay for our own. This concept is pretty simple, but it just not acceptable to the Atlanta Chamber and politically correct. They want to be able to squander their money on their agenda of ridiculous ideas then have the rest of Georgia bail them out!

click here for full dung report


GOP Is Now The "Fraternal Twin" Of Socialist Democrats
By Chuck Baldwin

The Republican Party's full-court press to enact the biggest expansion of Lyndon Johnson's "Great Society" welfare state by passing the recent Medicare reform bill proves that the GOP is the "fraternal twin" (Howard Phillips) of socialist Democrats. In fact, G. W. Bush and his fellow Republicans on Capitol Hill make Bill Clinton look like an economic conservative!

Furthermore, Robert Novak was quoted in The Washington Post as saying the arm-twisting of recalcitrant conservatives within the GOP by party leaders was nothing like many Republican congressmen had ever seen. Novak quotes Rep. Nick Smith of Michigan as saying he has never seen anything like it in his 11 years in the House.

click here for more


State Reserves Nearly Exhausted, Lawmakers Told

Budget Gap Could Reach $1 Billion

The state government will exhaust reserve funds by the summer, and the budget still could run short by $440 million to $1 billion, budget experts told the Senate Appropriations Committee.

click here for more


More US funds committed to foreign countries ...

With both budget deficits and international trade deficits at record levels, more commitments are being made. There seems to be no end in sight.

At the same time that benefits to US veterans are being curtailed due to budget problems, the Bush Administration continues to increase off shore allocation of US funds. There is something wrong with this picture!

Some historians are beginning to compare current day United States policy with the later portions of the Roman Empire. The Roman Empire began collapsing due to similar massive expenditures to support Legions in the hinterlands, raising taxes and destroying trade among Roman citizens.

click here for more


Georgia Heritage Council points out illegal immigration cost to tax payers ...

Interesting that just the educational cost of illegal immigration is more than the tobacco tax increase that was the subject of the secret wheeling and dealing this year. The Georgia Heritage Coalition is absolutely correct, our State government needs to be reformed.

click here for more


The system is broken, are you doing anything ...

It has just been a couple months since we published an article, More historical information on your taxes and a look ahead  ..., that used historical data to do a projection. The conclusion of that projection was:

Now assume that you have a grandson born this year.  If this trend continues for another 40 years, as he is approaching the age where he is getting close to becoming a grandfather what will the government be doing to him? The same trend for another 40 years would produce these figures:

Federal spending per tax payer: $24,881
State & local spending per tax payer: $19,461

That is over $44,000 per tax payer. Tilt! System is broken! This is a virtual recipe for chaos. I hope that you see the fallacy of that level of government spending. It is above the per capita income. 

For those that do not want to take the time to click on the link above and read (or reread) the article a graph of the historical data is reproduced below:

click here for entire article


Christian Coalition of America President Mysteriously Leaves National Policy

The President of Christian Coalition of America, Roberta Combs, visited Alabama and surprisingly endorsed the largest tax increase in Alabama history. Every conservative group in Alabama was fighting the tax increase and
they feel betrayed.

Conservative Christians of Alabama, a true conservative organization, recommends that the president of the Christian Coalition, Roberta Combs, be contacted and asked to keep her liberal views out of Alabama.

click here for entire article


SP of Georgia commentary (485 days until election day 2004):

We would like to hear from any members or supporters who own Coke or Home Depot stock and are not happy about the Anti-Southern actions of these corporations. 

Work has started on the SP of Georgia, Georgia State Government WALL OF SHAME. We need volunteers to help create a mailing list of civic organizations, churches, newspapers and radio stations. The initial request is for volunteers to assist in the following State House districts; District 111, District 116, District 118 and District 125. More will come later.

Also any members or supporters who have a printing business that would be interested in an in-kind contribution please give us a yell. Contributions for postage are also needed. Click here if you would like to make a small contribution toward letting the citizens of Georgia know about the hypocrisy of the Georgia elected officials who earn their spot on the Georgia State Government WALL OF SHAME.

There are 485 days until the November elections next year. Lets put them to good use.

In Honor and Memory of the Honorable Governor Lester G. MaddoxLester Maddox

Former Governor of Georgia, Lester Maddox, has passed on. It has been almost exactly a year since the last time I saw the Governor in person. But every time I had the opportunity to talk to the Governor in person it is an occasion that I will remember.

Meeting with Governor Maddox, Lt. Governor Maddox and citizen Mr. Maddox had something in common. He was the same man, dealt with his audience with the same respect and consideration regardless of the status that his current position held.

click here for entire article


The Party of Spending and Deficits Is ... the GOP 

Christine Hall, CNSNews.com
Tuesday, June 10, 2003 

Think Republicans are the party of small government? Federal domestic spending rose 8 percent from 2001 to 2002, according to the U.S. Census Bureau, at a time when the GOP controlled the White House and the U.S. House.

click here for entire article


The Federal Debt Spiral
by Rep. Ron Paul, MD

The administration held a grand signing ceremony last Wednesday to celebrate the tax cut bill, a marginally worthwhile piece of legislation that does reduce income taxes slightly. The East Room of the White House was awash with cabinet members, Congressmen, Senators, administration staffers, supporters, and news media of every kind, all gathered for a perfect political photo-op.

One day earlier, however, the President signed another bill into law without fanfare of any kind. There was no press conference, no cameras, and no ceremony whatsoever. In fact, the White House issued only the briefest comment on this particular bill, even though it affects the American people far more than the modest tax cut bill. The reason for the silence? The President had just approved a whopping $984 billion increase in the national debt, the single-largest increase in our nation’s history. This was hardly a proud moment for the President or Congress, so the White House understandably kept the whole matter very quiet.

click here for entire article


Southern Party of Georgia extends a cordial "Thank You!"

To the thousands who have supported the Southern Party of Georgia web-site we extend a cordial thank you. The SP of Georgia web-site is the highest ranked political web-site in Georgia and one of the top Southern ranked sites in the country. 

Based upon the Alexa.com rankings:

Georgia Political Web-sites:

Web-Site (link to Alexa Ratings page) Rank in Georgia Alexa Rating as of 
May 27, 2003
Southern Party of Georgia 1 71,526

click here for entire rating table, as of May 27.


SP of Georgia SUPPORT MADE EASIER.... CAN YOU HELP?

At the request of many supporters and members of the Southern Party, we have made it easier to contribute funds in support of our efforts. Now, the convenience of contributing via credit card is available through our web site. As you know, it is only by the support of our members, and visitors to this web site, that we are able to continue our effort to provide you A Real Choice. Please help us carry on our important work in behalf of southern values by clicking (here).


More historical information on your taxes and a look ahead  ...

The previous article demonstrated the amazing growth in federal income tax as an example of how the government becomes addicted to your wallet. The initial income of 1913 was very minimal and had little or no effect on the average citizen. In fact a large portion of citizens were not even tax payers.

This article will also demonstrate the continued addiction of government to your wallet. Most alarming will be the fact that State & local government are now as addicted as the federal government was just 30 years ago.  Always remember that even these dismal facts do not present the true picture, it under represents the future impact of the national debt and liabilities on the life of your grandchildren.

click here for entire article


Property tax tops list of least-favorite taxes
By Thomas A. Fogarty, USA TODAY

It's scant consolation on this April 15, but there's something Americans dislike more than the federal income tax: local property tax.

Thirty-eight percent of adults identify the property tax as the worst tax vs. 21% who cite the federal income tax, according to a Gallup Poll. Smaller proportions cite the Social Security tax and state sales and income taxes as the worst, or "least fair."

click here for entire article


Property Tax Reform

Sunday April 20 is Easter Sunday 
There will be no updates from Friday through Sunday. 
We encourage our members, supporters and opponents 
to spend the day in prayer, church and with your families.



Some interesting information on the history of taxes ...

A few complaints have been received from Georgia Citizens that believe the Southern Party of Georgia is being nit-pickin by objecting to increases in YOUR property taxes by creeping assessment.

While we respect everyone's right to their own opinion, we can only pray that these people will not only open their eyes but also respect the opinions of others.

The issue is that taxes increase and continue to increase and then increase some more. Once received by government entities, they are rapidly spent and the addiction to our wallets brings the government back for more. In the case of property tax here in Georgia this is doubly unfair as your neighbors have as much to say about your property tax as you do, in some case more.  ... (more)


ACTION ALERT!
Help stop a property tax increase!

Representative Ron Forster needs your help

Hello friends:

I am writing you today because we need your help this week in the State House.

A study committee (made up of six dems and three Repubs) was formed to examine Governor Perdue's Education Package. This legislation was written with the assistance of our State School Superintendent Kathy Cox in order to comply with President Bush's "No Child Left Behind."


The Education Package fixes some very expensive mandates from the Barnes bill HB 1187. 1187 required lower class sizes in public schools. The problem is that it is very expensive to implement, especially since the state has no extra money to fund this mandate. During nearly twelve hours of testimony from School Superintendents and School Boards from all over Georgia, we found out that implementation of 1187 will require an average of a 20 - 25% property tax increase in in most Georgia counties to build and staff more classrooms (trailers). This tax increase will require reassessments and maximum millage on nearly every home in the state! Our School systems need more flexibility with class size and the Governor's Ed Package gives them this flexibility.

click here for entire article

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