We had hopes that the current Administration would recognize the tragedy of over spending and correct its ways. But, Obama spent $1.9 Trillion over budget in 2009. Previously, Bush added $1.3 Trillion to the federal debt in 2008.  47 States are in a budget crisis and all we hear on the news is how well the recovery is going. The stock market appears buoyant because the Federal Reserve and the Treasury have printed up and loaned out $12 Trillion dollars to big banks for investments this past year. Most of the big banks have recouped 53% of their losses from Oct 2008 by playing with money that America doesn't even have!

The appearance of prosperity is a calculated illusion that has allowed the Obama administration to force even more spendy bills through Congress. Add the projected $945 Billion for the Health Care Insurance Reform Bill HR 3590 over 10 Years. Add the American Clean Energy and Security Act of 2009 and its costs to Industry, $846 Billion. Add the Global Poverty Act and its projected cost of $980 Billion over 10 Years. Don't forget all our previous liabilities from Social Security, Medicare and Medicaid. “The 2009 Annual Report of the Board of Trustees of the Federal Old-Age and Survivors Insurance and Federal Disability Insurance Trust Funds” reports that the Social Security unfunded liability is a whopping $15.1 trillion. Additionally, the “2009 Annual Report of The Board of Trustees of The Federal Hospital Insurance and Federal Supplementary Medical Insurance Trust Funds” reports that the Medicare unfunded liability is an even more staggering $36.4 trillion. Add to this the current Federal Debt of $12.7 Trillion.  Add the 2010 Budget of $3.55 Trillion. Are you done adding? The number approaches $65 Trillion!

With a projected drop in GDP, US revenue is declining due to 1.4 million people laid off, 1.46 million Foreclosures, 1.65 million Homeless and a general decline in consumer confidence. The outlook of the US getting out of debt is worse than bleak. It is impossible for us to pay back this $65 Trillion. In fact, it is likely that our GDP will not even cover the interest on this debt in the near future. So what happens when Citigroup goes under? We have authorized a $6 Trillion dollar bailout for them if it comes to that. Freddie Mac and Fannie May hold over $13 Trillion in mortgage backed securities which are tenuous at best. The FDIC is technically in the red. That means that the house of cards we call the United States is about to fall.

Maybe that is why the government is using ARRA Stimulus money to buy bullet proof glass for gov't buildings. Maybe that is why the IRS is purchasing shotguns. Many changes are happening alright. Change you can believe in. Obama has changed Executive Order 12425 to allow INTERPOL to search and sieze evidence in the US without ANY oversight. We are losing our own sovereignty to multi national global elitists. It's no joke that Obama pushed the sale of Chrysler to FIAT. The CEO of FIAT is one of the founders of a secretive alliance called the Bilderburg Group. So, in lieu of all the information I have just presented, we at America's Third Party have embarked on a nearly impossible task to build an economic safety net for this Nation. Our platform is designed to start up the engines of production and trim the excess waste in our government. Our Homestead Renewal Plan will save toxic assets (foreclosed properties) and build jobs (fixing up homes). The dream of owning a home will return and people will start to have more disposable income. Our Flat Tax Initiative will simplify the tax code...20% on everything over $20,000 for everyone. We will offer only 2 tax credits: hiring US employees and renewable energy investment. This Flat Tax will eliminate most of the IRS and 66,000 pages of tax code. Eventually, it can also be a segue to a Fair Tax based on sales revenue. And best of all, it will accomplish what Obama cannot do, eliminate outsourcing of jobs!

It is time for our Nation to bring honesty back to government. It's time for us to get out of foreign Wars and defend our border. It is definitely time to clean up the environment with innovation. It is not time to spend more money. Every one of our ideas will have to show a return on investment(ROI) if that idea is going to advance. We can no longer allow the democrats and republicans to mismanage our resources. Time is running out for us to get our act together. We can prevent bankruptcy if we move politically to stop the devaluation of our dollar by reckless economic monetarists like Ben Bernanke and Tim Geithner. We are proposing the termination of the Federal Reserve Charter, an immediate siezure of the FED's assets and a complete audit of our National Budget. The government can stimulate the economy, but it must first be trimmed in size. Unlike Obama, we believe that the government should help to build jobs. We would also like to see private investment in Renewable Energy Savings Bonds to finance new enterprises that offer a 4% return on investment.  At ATP, we will build the infrastructure of a New America that is sustainable. We will build revenue streams for growth that do not rely solely on taxation. If you have read this entire newsletter, consider yourself educated. You now have more knowledge about your Nation than 99% of Congress.