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‘A King To Reign Over A Bankrupt Country – The Stark Reality On Nov 6′ – A Wise & Frugal King

Friday, October 5, 2012 10:40
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(Before It's News)

 

  US News

Todd Keister / American Thinker

 US News

Wednesday night, Americans witnessed the first debate between President Barack Obama and Governor Mitt Romney. By all accounts, Governor Romney soundly bested the failed president both on his command of the facts and in his demeanor. While seeing Governor Romney dominate the debate is very encouraging, it does not change the reality that America is a bankrupt nation that long ago ceased to be a free, constitutional republic.

In the debate about their ideas to improve the American economy, there can be no doubt that Governor Romney’s plan will result in job-creation and economic growth; two thousand years of economic history and scholarship prove incontrovertibly that lower taxes and fewer government regulations result in economic prosperity. The same history has demonstrated the universal failure of all forms of collectivism, Marxism, and statism as enthusiastically embraced by President Obama.

Governor Romney may well win the election this November and slow America’s headlong plunge into economic and political collapse, but (spoiler alert), regardless of who wins the election, here is what we will find four years from now: Mitt Romney has not promised to pay down America’s crushing debt, nor even to balance the federal budget, but rather to “put America on track to a balanced budget.” Sounds great, but we are already bankrupt — we should have put ourselves on that track twenty years ago. Romney wants to “simplify and modify” business regulations — not eliminate them, despite their having no basis in the Constitution. He has promised to “honor the institution of marriage … help you and your family,” and repeal and replace ObamaCare.

continue at American Thinker:
 

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