An Amendment to My Plan
Author: Ken Coman
•8:47 PM
One additional area I would focus on if I were the leader of this Nation at this important time would be a return to the virtues of Freedom and Accountability. Across this Globe the word "America" is synonyms with "Freedom." America is, or should be, Freedom. I would remind the citizens of our great land that America was founded by men and women who craved for personal responsibility. They craved the opportunity to be able to enjoy the fruits of their labors because they had been deprived of them by a Colonial Empire. They craved the opportunity to succeed - even if in the attempt they would fail. I would remind our people that this country was founded to reduce government - not to embolden it. I would tell the leaders of business and industry that the very bedrock of America is not the government but the Freedom the government is to sustain and that Freedom cannot exist without Accountability. They are two sides of the same coin. Once cannot exist without the other.

Corporations are not people and, they have no right and no place, especially not multi-billion dollar businesses, to ask the Government of a Free people to lift their responsibility and to take away their Accountability for their Freedom and choices and to place that burden on those who had nothing to do with their poor decisions.

It is absolutely un-American to support and sustain the endless bailout of corporations at the expense of every man, woman and child for generations to come. Let us get out of this mess. Let us not protract their painful death but let us be true to Principle - true to our Fathers and true to America - that Freedom which we once fought for and held so dear. The Constitution begins, "We the People... " It does not begin, "We Citi Group...", "We Bank of America..." "We General Motors..." "We Chrysler..." "We the Corporation of the State of California..." It starts off, "We the People of the United States of America!"

I would tell our people, "Let Freedom Ring from sea to shining sea! Let the people of this land know that they will not be burdened with the poor choices of others any more than the natural consequences of such. Let the people know that they have the power in their hands to make their destiny and that they will be supported by a government that will protect those freedoms with Liberty and Justice for all."
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The Coman Plan - Data backup on Inflation
Author: Ken Coman
•8:23 PM
Last night I posted what I would do if I were expected to do something. Two of the points I said that would need our attention would be fiscal policy and inflation. Both are obviously related but in the short term, we can make immediate changes to reduce the coming hyperinflation. The current bailout bill is the wrong direction for the short and long term.


http://www.youtube.com/watch?v=zdVP_sgCETo

To watch a short presentation on the point I made regarding the money supply increasing by 24% annually, you will need to watch this:


http://www.youtube.com/watch?v=YDEe0Ai6lTM

Not that Glenn Beck is a good source of backup, but the data from the Federal Reserve is.

Finally, AEI has a great article called "The Second Coming of Keynes." I recommend it to you. If you look at the proposed bailout relative to anything that has ever been undertaken by the government in our history, you will see how crazy this plan is.

The author closes: "The truth is that there is very little empirical support for policies such as these. They will likely provide a small boost, at an enormous cost. When the boost is gone, the cost will remain.

For those economists who are more skeptical of the theories of John Maynard Keynes, there is but one consolation: An experiment this large will provide ample opportunity for study. "

Indeed it will and we have good reason to suspect the outcome won't be pretty. Amending the Federal Reserve Act to allow money to be printed only at the rate of productivity would be the best and most sound fiscal policy for our country - gold should not be our standard nor should the great experimental ideas of the Fed bankers. Gold and the Fed are not the wealth of the nation. Smith was right - it is labor.

There are two enemies to our future - Government spending and the Federal Reserve system of unbridled freedom to set America's monetary policy. Both must be reigned in.
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More on the Wrong Track for Change
Author: Ken Coman
•10:30 AM
My only point in this is to document for anyone reading (all two of you (my wife and I)), that this is just more of the same. I am certain that the intent is to bring change but the motives and the rhetoric are the same of the past 16 years. Here is the headline from the political sports coverage by Politico:

"At Dem retreat, a partisan love fest"

Here are the first few bits of the article:

"WILLIAMSBURG, Va. — A fired-up Barack Obama ditched his TelePrompter to rally House Democrats and rip Republican opponents of his recovery package Thursday night – at one point openly mocking the GOP for failing to follow through on promises of bipartisanship.

In what was the most pointedly partisan speech of his young presidency, Obama rejected Republican arguments that massive spending in the $819 billion stimulus bill that passed the House should be replaced by a new round of massive tax cuts.

“I welcome this debate, but we are not going to get relief by turning back to the same policies that for the last eight years doubled the national debt and threw our economy into a tailspin,” said President Obama – sounding more like Candidate Obama than at any time since he took the oath of office less than a month ago.

Obama, speaking to about 200 House Democrats at their annual retreat at the Kingsmill Resort and Spa, dismissed Republican attacks against the massive spending in the stimulus.
"What do you think a stimulus is?" Obama asked incredulously. "It’s spending — that's the whole point! Seriously.”

Stabbing hard at Republicans who once aligned themselves with his predecessor, Obama made it clear that the problems he seeks to address with his recovery plan weren’t ones of his making.
“When you start hearing arguments, on the cable chatter, just understand a couple of things,” he said. “No. 1, when they say, ‘Well, why are we spending $800 billion [when] we’ve got this huge deficit?’ – first of all, I found this deficit when I showed up, No. 1.

“I found this national debt, doubled, wrapped in a big bow waiting for me as I stepped into the Oval Office.”

After his remarks, Obama, clearly caught up in the moment, made the party get-together feel even more like a campaign rally with his signature call-and-response chant.
“Fired up?” he asked the Democratic lawmakers. “Ready to go!” a group of them shouted back."


Well, I am not ready to go down that road again. They have to change the tactics and the media has to change the type of coverage if there will be anything more than a political horse race to watch. I am ashamed of this. This has to end or our government will become ever more innefectual and ever more distanced from the people they were elected to serve. We really do want change.


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Second Day of Congress and What Happens?
Author: Ken Coman
•5:40 AM
I thought we were in the middle of a crisis, didn't you? If that is the case, why was the first item of business presented on the house floor yesterday the Resolution: Expressing the sense of Congress regarding the need to prevent the closure or consolidation of post offices? It gets better.

There were three resolutions for creating commemorative stamps:

http://thomas.loc.gov/cgi-bin/bdquery/D?d111:5:./temp/~bdmZsn::

http://thomas.loc.gov/cgi-bin/bdquery/D?d111:6:./temp/~bdmZsn::

http://thomas.loc.gov/cgi-bin/bdquery/D?d111:11:./temp/~bdmZsn::

And about 90 other resolutions proposed in the house. Absolutely no bills were proposed on the house floor - not a single one. And this is at a time of crisis.

One the contrary, the Senate had just a handfull of resolutions and took up about 20 different bills. Looks like the Senate is off to a better start.

There was a resolution proposing amending the constitution to do away with the electoral college - H.J. Res.9. I did like that one.

Nevertheless, if you can judge a book by its cover, not much is going to happen, we are going to have some awesome stamps this year and keep a few more post offices open. Looking forward to it - More of the Same.
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