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Peter Schiff has the proven foresight and REAL solutions this country so desperately needs to avert following in the wake of a crashing Europe May 25, 2010 By Chris Janelli After decades of having to put up with Europeans gloating about their 'better lifestyles' than we hard working, money grubbing, capitalistic provincials, the 'coque au vin' is about to come home to roost. It will be a very bitter plate to eat for the Europeans; more so for the Euro-X generation and their children. "According to the European Commission, by 2050 the percentage of Europeans older than 65 will nearly double. In the 1950s there were seven workers for every retiree in advanced economies. By 2050, the ratio in the European Union will drop to 1.3 to 1." As several American states face fiscal disaster and bankruptcy, tens of billions of US taxpayer funds are going to European bailouts via the International Money Fund; hundreds of billions will probably be more like it. What the heck, it's just ink, paper and sovereign debt. With the current highest federal tax rate of 35 percent compared to a top 1964 income tax rate of 77 percent, the federal government has a huge reserve of untapped taxes. There are many American economists voicing serious alarm, such as Connecticut's own Peter Schiff who is gathering the required signatures to participate in the primary to decide who will run as the GOP Senate candidate. Over the next 5 months, Peter Schiff's message will be unceasingly delivered to Nutmeggers across Connecticut. As Connecticut voter's watch Europe flounder and American dollars be siphoned off to bailout failed socialism and government controlled economies, they must be made aware that Washington, DC needs people like Peter Schiff to stand up and stop the current prevalent progressive political insanity. Senators-like Schiff-will be key to getting America back on track to job creation, debt reduction, promoting free enterprise and supporting America's economic engine-small business. Peter, who predicted the housing collapse and mortgage crisis and a proponent of physical gold, is an adherent of the Austrian School of economics. It's interesting to note that Austrian economics was ill-thought of by most economists after World War II, but even more interesting to note that the European super social "life-style" emerged after WW-II with a growing and choking root system enmeshing its power and grip on governments across Europe. Sound familiar? Like the SEIU and the Obama administration? The Austrian School started seeing a renewal in interest after Friedrich August von Hayek (May 8, 1899 - March 23, 1992) won the Nobel Prize in Economics in 1972. Hayek is best known for defending classical liberalism, which affirms the ideals of limited government and the liberty of individuals, including freedom of religion, speech, press, assembly, and free markets, and free-market capitalism against socialist and collectivist thought. He also received the U.S. Presidential Medal of Freedom in 1991 from President George H. W. Bush. The Salisbury Republican Town Committee, under the leadership of Vice-Chairman Vivian Nasiatka, was honored and is proud to have been the second RTC in CT to endorse Peter Schiff; a man who not only supports classical liberalism and free-market capitalism, but has vitally needed global financial knowledge. Peter Schiff has the proven foresight and REAL solutions this country so desperately needs to avert following in the wake of a crashing Europe. Despite their own sets of political and business experience, neither Simmons nor McMahon comes close to the economic and financial capabilities Peter Schiff would bring to the US Senate. Even the New York Times ran a story on the European crisis that should be a wake-up call to all elected representatives that keep spending and wasting taxes, and supporting European style social programs in the face of reality. If you are concerned for Connecticut and America, SIGN THE PETITION FOR PETER SCHIFF TO RUN IN THE PRIMARY. Visit Peter's campaign web site at www.schiffforsenate.com. NEW YORK TIMES article Europeans Fear Crisis Threatens Liberal Benefits By Steven Erlanger May 22, 2010 PARIS - Across Western Europe, the "lifestyle superpower," the assumptions and gains of a lifetime are suddenly in doubt. The deficit crisis that threatens the euro has also undermined the sustainability of the European standard of social welfare, built by left-leaning governments since the end of World War II. Europeans have boasted about their social model, with its generous vacations and early retirements, its national health care systems and extensive welfare benefits, contrasting it with the comparative harshness of American capitalism. To read the full (and forewarning!) story, go here: http://www.nytimes.com/2010/05/23/world/europe/23europe.html?pagewanted=print And if you think the Obama Brain Trust can do what the Europeans are learning is a recipe for long-term disaster, then vote Democrat in 2010.
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November 21, 2012 2012: A Time for Choosing The time is right for the GOP to woo Democrat voters October 27, 2011 Connecticut's # 1 in the Nation with Per Capita Debt Connecticut is 13.6% higher than the # 2 ranked state. October 16, 2011 The Mayoral Race in Bridgeport is about Connecticut What happens in Bridgeport in this November Mayoral election could be the match to set this state on fire for change |
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Salisbury Republican Town Committee, P.O. Box 221, Salisbury, CT 06068 Paid for and Authorized by the Salisbury Republican Town Committee, Peter L. Becket, Treasurer |