Taxes and Term Limits
by Rense Johnson, Chairman
Citizens for Term Limits … for a fresh Congress!
October 15, 2008
Elsewhere on these pages in a Wall Street Journal editorial are detailed the hugely harmful activities of Fannie Mae and Freddie Mac, whose unbridled, uncontrolled activities were defended and protected by the Democrats.
We have been reading about all the people who have lost their homes as a result of the these activities.
But also elsewhere on these pages we have described the Mindless Tax of the Do Not Drill Democrats which had resulted in $4.00 gasoline.. It is easy to connect the tax of the DNDDs with the average normally solvent Mr. Homeowner who, stripped of his assets by the DNDDs’ Mindless Tax, could no longer maintain his mortgage payments and feed his children. As a result he lost his home that is part of the American dream, that he had worked to own and had counted on for the security of his wife and family.
Now the cost of gasoline has retreated substantially. Does this get Mr. Homeowner’s home back for him?
No. And now faced with a credit crunch that did not develop overnight, or even in the last eight years but rather in the last six decades as a result of a Congress, (Government) which President Reagan likened to ”. . . a baby. An alimentary canal with a big appetite at one end and no responsibility at the other.”
And how do we extract ourselves and our nation from this Congress-induced mess we’re in?
With a constitutional amendment limiting limiting congressional terms: Six years in each chamber.
It won’t get Mr. Homeowner’s home back for him, but perhaps it will give his children hope for the future.
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