Kristi Risk We The People
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WE THE PEOPLE
Economy
 As your Congresswoman, I will strive to implement fiscal responsibility.
How Do the General and Trust Funds Get their Money?
For The General Fund: All personal and corporate income tax.
For Social Security Trust Fund: Payroll taxes on wages up to $102,000 (2008).
For Medicare: Payroll taxes on all wages.
Too much financial freedom and too little Congressional oversight has overtly revealed that Government Sponsored Enterprises (GSE’s) are at the epicenter of the global financial meltdown. Can money buy anything? Well, apparently so, considering Fannie Mae and Freddie Mac spent nearly $200 million to lobby Congress and financial political action organizations. “The 2008 financial meltdown could not have occurred without the interjection of politics into the mortgage industry. A truly free market would have no need of a bailout, nor would it have expected one”. ~ L. K. Samuels
The mission of the U.S. Securities and Exchange Commission (SEC) is to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation. Had they enforced current regulations, the financial meltdowns of the banks could have been avoided.
NO MORE BAILOUTS! Ever heard the phrase, “You make your bed, you lie in it?” Perhaps the Federal government needs to be reminded of the consequence of this phrase.
It is high time to privatize some government agencies. This would open up a whole new job market (through the bidding of contracts throughout the country) and remove some of the government invasion the American people are subject to at the hands of federal officials. Contractors would enforce fraud and abuse regulations per state legislature, which would also give power back to the states. Some concern may arise over those in Washington D.C. who might loose their jobs as a result of this privatization, but they too, should be given the same fair option as the other Americans who have lost their jobs in the past year…BUYOUT or MOVE.