EXCERPTS FROM TALKING POINTS IN FAVOR OF A CONCON: Good reasons for NOT SUPPORTING a ConCon
In a recent analysis the International Monetary Fund highlighted the perilous situation in which America finds itself:
Under current policies, the United States federal debt is projected to grow rapidly due to a combination of large budget deficits before and during the crisis, as well as over the medium term, demographic factors and healthcare inflation.
As part of the medium term adjustment, the authorities would need to RAISE TAXES and or cut transfers substantially to avoid undesirable escalation of the debt-to-GDP ratio. The longer the wait, the larger the necessary adjustment will be and the greater the burden on future generations.
Boston University economist Laurence J. Kotlikoff points out that “The IMF is saying that closing the US fiscal gap, from the revenue side, requires roughly speaking, an IMMEDIATE AND PERMANENT DOUBLING OF OUR PERSONAL INCOME, CORPORATE AND FEDERAL TAXES AS WELL AS THE PAYROLL LEVY SET DOWN IN THE FEDERAL INSURANCE CONTRIBUTION ACT.”
Both Kotlikoff and the IMF agree that immediate reforms are needed to address both the revenue and spending sides of America’s deficit crisis.. . .At the federal level, even the Congressional Budget Office paints a bleak budget picture and stresses the importance of tackling the budget deficit immediately. An amendment to the US Constitution that requires annual federal appropriations to not exceed annual revenues (with an exception for national emergencies) would require the federal government to live within its means rather than engaging in deficit spending and debt issuance that perils the entire nation.
In 1979 the Texas legislature petitioned the US Congress to enact a federal requirement under which “The total of all federal appropriations made by the congress for any fiscal year may not exceed the total of all estimated Federal revenues for that fiscal year.” (THIS RESOLUTION NEEDS TO BE REPEALED!! Imagine the necessary tax increases to raise enough revenue to cover the deficit- spending and the stifling of job creation!) Speculative concerns that a convention could result in a broader re-write of the Constitution must be balanced against the possible bankruptcy of our nation if a constitutional prohibition against deficit spending is not enacted.
Note: Think about this: A BBA would do nothing to stop the big-spenders. A BBA would merely give them cover to continue to increase our taxes in order to try to raise enough revenue to cover their wild spending.
There are no rules in the Constitution or any law to limit a ConCon‟s purpose, procedure, agenda or election of delegates. A runaway convention could result in a re-write of our original Constitution with the resultant loss of our God-given liberties guaranteed by our Founders—in particular the individual Right to Keep and Bear arms, the Tenth Amendment, repeal of National Sovereignty, Loss of our Borders with the adoption of a North American Union to name a few.
There is nothing wrong with our original Constitution if only the Executive, legislative and judicial branches of government would abide by it!
There is no "quick fix" for the irresponsible actions of those in authority over us.
Every two years we can unseat members of the House of Representatives, who ignore the Constitution and the Bill of Rights and continue to tax and spend, by supporting constitutional conservatives and rebuilding the Republican Party. A Third Party would ensure Democrat-Socialist control of our federal government for decades to come!
Don't be led astray by the number of amendments being proposed by well- intended patriots in the call for a Constitutional Convention. It will take time to undo the mess we find ourselves in. We must not go back to sleep after the November election. Those men and women who are elected need to have their feet held to the fire and be held accountable for their votes. If we are expecting miracles in 2011 and 2012 in righting the ship of state, just know that the job of the incoming Congress will be very difficult and the temptation to fall back on “political correctness” will be ever-present. Cutting back on spending will not sit well with those who will experience a reduction in their favorite programs.
So---we must work hard, pray and remain ever-vigilant now and for years to come and try to avoid the lure of proposed "quick fixes."
Study the following links to better understand the dangers inherent in a ConCon: Playing Russian Roulette with the Constitution December 1984 Phyllis Schlafly
Beware of Attacks on the Constitution
Good Advice Against a ConCon
STOP THE MOVEMENT TO CALL a ConCon NOW! Contact your State and Federal Legislators