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Ted Nugent: Stimulus Plan? Let's Try Economic Freedom
The Waco Tribune-Herald ^ | February 3, 2008 | By Ted Nugent, Texas Wildman

Posted on 02/03/2008 8:20:59 AM PST by JACKRUSSELL

I'm incensed at the Bush/Pelosi $150 billion economic stimulus package. You should be, too.

Sending us a check for a couple of hundred bucks is a pandering joke — an economic slap in our faces.

Hopefully you are smart enough to see through this economic smokescreen. Even if you spend all of the money — your money, by the way, coming back to you — it will do little if anything to improve the sagging economy.

Sending Americans a check is economic flash over substance. If our professional politicians really wanted to improve the economy, they would do a couple of key things.

* Cut the bloated, wasteful federal budget. Cut it by 10 percent or more over the next couple of years.

The blob-like federal government has grown to such a size that it is now eating itself with a $9 trillion debt and billions in deficits, smothering economic opportunity.

If you want real economic stimulus it cannot be accomplished until the federal beast is reined in and put on a diet.

Although I am no economist, this is so fundamental to improving our economy that I am surprised so few of the talking heads have discussed it as a means to improving the long-term American economic condition. I have always lived within my means, and my government should, too.

* Give small businesses tax relief. We must create incentives for small businesses to expand and hire more people. We could accomplished this by getting the onerous, unaccountable IRS off of individuals' backs.

Small businesses are the backbone of the American economy. Strangling them with taxes and stacks of regulations, rules and requirements sucks the life out of our economy.

We must do whatever we can to assist small businesses and encourage them to grow.

Putting money back in Americans' pockets is a good idea only if the money is in the form of permanent tax cuts.

Keeping more of their money gives them more economic choices. Socialists and bloodsuckers aside, I have yet to meet an American who does not favor tax cuts and keeping more of his or her money.

Instead, the professional bureaucrats who run our government want to give you some of your money back in hopes that you spend it on blingbling, big-screen televisions and other indulgent garbage.

Even if everyone blew through the money, it would do little to prop up our economy.

Bailing water on the Titanic may have sounded like a good idea at the time, but you would have drowned anyway.

Robbing and spending our grandchildren's tax dollars today is a recipe for economic disaster. We cannot tax our way out of this economic mess without pushing the middle class further into the economic abyss.

The only way out of this is to grow our way out of it. That can be accomplished only by reducing the size of the federal beast, doing whatever we can to help instead of hindering small business, and giving all Americans permanent and meaningful tax cuts.

As the American presidential primary juggernaut roars down the political track, voters need to ask two key economic questions:

* Do I really believe that federally controlled health care will improve the quality of health care?

* Do I believe that more or less government intrusion is the right approach?

America remains an economic powerhouse. Our economy is four times that of China, but China, India and other burgeoning economies are nipping at our economic heels. If we continue down the path we are on, China's economy will eclipse our own by 2030. That's not good.

The foundation of freedom is economic freedom. You know far better than others how to spend your hard-earned money, how to invest it, and how to take care of your health. Vote for your economic freedom. The economic fate of our country is your hands.


TOPICS: Business/Economy; News/Current Events; Politics/Elections
KEYWORDS: economicstimulus; tednugent
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To: Bon mots

Ted knows best.... the Government does have a “STRANGLEHOLD” on us...!


41 posted on 02/03/2008 9:30:03 AM PST by Republic Rocker
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To: RichInOC

My thoughts exactly


42 posted on 02/03/2008 9:34:22 AM PST by mylife (The Roar Of The Masses Could Be Farts)
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To: theDentist
((((NUGENT for PRESIDENT!))))

As good as that sounds, it will never happen. About 4 years ago a hunting forum i’m a member of, sponsored a group of wounded and recovering soldiers from the Brooks Army Medical Center, all expenses paid, all transportation provided. 2 days before the hunt was to take place, we heard rumor of a guest celebrity making his appearance. On the second day, coming in like a whirlwind, to the tune of Cat Scratch Fever, blasting on his stereo arrives Uncle TED. I’ve met few people in my life who has as more admiration and respect for our military men and women, than Uncle TED. He didn’t hunt with us, but he did go out with a couple of soldiers who did. They both agreed he changed they’re lives forever. That night we set around the fire pit and listened to him play and talk. His sermon on life, liberty and freedom and why we must protect them at all cost, even brought tears to this old vets eyes. TED would never run for office, it would only hold him back. He gets much better results doing what he was born to do, and thats make a difference. He’s one of the smartest men i’ve ever met, far to smart to be a politician.

43 posted on 02/03/2008 9:45:49 AM PST by Dusty Road
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To: crusty old prospector
http://en.wikipedia.org/wiki/Ted_Nugent

In 1978, Nugent became the legal guardian of his 17-year-old girlfriend Pele Massa in order to have sex with her.[4][5]

44 posted on 02/03/2008 9:51:36 AM PST by itsamelman (Announcing your plans is a good way to hear God laugh. - - Al Swearengen)
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To: Kimmers
Exactly, why is it that people like Ted and most of us here on this forum have figured this out but the idiots in D.C. can’t?

What makes you think the "idiots" in D. C. can't figure it out?

They know exactly what is happening and they will continue doing what they've been doing. The more they spend the more power they can exert. The more they can tax, the more they can control the people.

We're not being treated as citizens by our government but as vanquished hordes by a victorious occupier.

45 posted on 02/03/2008 9:57:47 AM PST by varon (Allegiance to the constitution, always. Allegiance to a political party, never.)
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To: RichInOC
Okay, why isn’t that old boy running?

Ted is a rock star, and has been for over 30 years, and he has a "past". He's not stupid.

46 posted on 02/03/2008 10:14:31 AM PST by LiberConservative
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To: Lonesome in Massachussets
Not quite as eloquent as the Sage of Baltimore but just as equally to the point:

Giving money and power to government is like giving whiskey and car keys to teenage boys. - P. J. O'Rourke
47 posted on 02/03/2008 10:18:08 AM PST by Caramelgal (Rely on the spirit and meaning of the teachings, not on the words or superficial interpretations)
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To: Lurker

Yeah I’ll be honest and say a little piece of me was thinking the same thing when I wrote it but why let introspection get in the way of some good hyperbole.


48 posted on 02/03/2008 10:32:15 AM PST by kinghorse
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To: Lonesome in Massachussets
Precisely. Count on Mencken to have phrased the sentiment elegantly, too.

Great citation!

49 posted on 02/03/2008 10:32:50 AM PST by SAJ
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To: Jack Black

He’s the best. I grew up solidly in the corner of anyone who could warble Maybelline while firing off fretted scuds without any particular target in mind. Good stuff. White Buffalo. It all sort of comes back you know. I was solidly a Nugent boy in the 70’s.


50 posted on 02/03/2008 10:35:58 AM PST by kinghorse
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To: kinghorse; xcamel
There's a major difference between a spike in generic consumption spending and a spike in spending on capital goods. The former, if the ''money'' is just printed (as in this case) is nothing other than inflationary. The latter, under the same assumption, **might** see enough growth from investment to repay the effort. No guarantee, though.

To alter Mr. Reagan's metaphor slightly: 'A rising tide lifts all boats', provided the water in the tide isn't wildly corrosive.

The US, candidly, needs some sort of recession in order to flush out the excesses now embedded quite thoroughly in the economy. The CDO/SIV mess helps, in the longer term, no matter that there's some short-term pain.

All the political class are doing with this loony ''stimulus'' scheme is attempting to mask a structural illness with a high fever.

51 posted on 02/03/2008 10:39:35 AM PST by SAJ
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To: JACKRUSSELL

Look at our choices for President in 2008. I say LETS DRAFT TED!


52 posted on 02/03/2008 10:40:13 AM PST by ronnie raygun (Id rather be hunting with dick than driving with ted)
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To: Southerngl

He lives in Waco and Bush in Crawford. Both are in McLennan County no more than twenty miles apart.


53 posted on 02/03/2008 10:45:12 AM PST by GW and Twins Pawpaw (Sheepdog for Five [My grandkids are way more important than any lefty's feelings!])
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To: SAJ

Capital spending is coming from the new century’s lend lease partner’s, the UAE, Saudi, Dubai etal. It’s a big merry go round, pyramid building on a grand scale as if pyramid building wasn’t itself grand enough. Of course that’s the true structural weakness, the fact you always have to outdo yourself to keep it going.


54 posted on 02/03/2008 10:46:31 AM PST by kinghorse
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Fortunately there are probably still over 1 billion people in the world squatting in a dirt trench if they’re lucky so I tend to look on the bright side. We have a lot consumers yet to mentor up from the dirt.


55 posted on 02/03/2008 10:50:27 AM PST by kinghorse
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To: kinghorse

Well said. If you build one road, maintenance cost over time is effectively a fixed, known expense. If you build an indeterminate number of roads, as the political winds shift back and forth, the formerly fixed expense doesn’t simply multiply by that number. It goes up further still as administration and bureaucratic costs take a greater chunk with each new road built. Not to mention the add-on costs of interest and graft, of course.


56 posted on 02/03/2008 11:26:22 AM PST by SAJ
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To: GW and Twins Pawpaw

He lives in Waco and Bush in Crawford. Both are in McLennan County no more than twenty miles apart.

***************************

Yep, that’s just about ‘up the road’ in Texas speak. hehe


57 posted on 02/03/2008 1:27:03 PM PST by Southerngl
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To: itsamelman

I guess that explains where he came up with the lyrics for “Wango Tango”. Or maybe “Cat Scratch Fever”. Or quite possibly “Wang Dang Sweet Poontang”. I often wonder what my parents were thinking when they walked by my room and heard such lyrics. I guess as with most rock music, the words are inaudible to the refined ear of the aged.


58 posted on 02/03/2008 8:16:16 PM PST by crusty old prospector
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