I share in their outrage and the outrage is that we don’t have a system that has a level playing field. That the government picks winners and losers … - Gary Johnson
" "I share in their outrage and the outrage is that we don’t have a system that has a level playing field. That the government picks winners and losers and in the case of Wall Street what absolutely outrages me is the fact that these people that made such incredibly bad decisions, and I’m believing that these decisions were not necessarily criminal or I think they would have been prosecuted, but that they were just horrible decisions. That they should have been rewarded with failure. Meaning they should have lost all of their money. But they didn’t loose all of their money did they? We bailed them out at the tune of a trillion bucks. You and I. You and I bailed them out. They continue to receive their bonuses and that is … that is the outrage and I share in that outrage... Government should be a level playing field where all of us have the same advantages and the same threats if you will. Implementing the Fair Tax for example throws out the entire Federal tax system. No income tax, no IRS, no business tax, no corporate tax and isn’t the fact that some people pay tax and others don’t isn’t it it the fact that some corporations pay tax and others don’t that has us outraged. It’s just not fair. Let’s implement something that totally fair and in fact is a system where you make the more you consume the more Fair Tax you’ll pay. In a Fair Tax environment you’ll be incentivised to save money.
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About Gary Johnson
Gary Johnson (born January 1, 1953) is an American entrepreneur and the 29th Governor of New Mexico. Gary Johnson was the Libertarian nominee for President of the United States in 2012 and 2016.
Also Known As
Birth Name:
Gary Earl Johnson
Alternative Names:
Gary E. Johnson
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Additional quotes by Gary Johnson
I am in the camp that believes that we are on the verge of a monetary collapse given the fact that during the last year up to 70% of the money used to pay our ongoing expenditures were moneys printed up by the Federal Reserve I mean literally out of thin air. Monetary Collapse occurs when we are printing 100% of that money going forward and all of the roll over of treasury is that 15 trillion dollars is out there in existing notes when all of those notes also get rolled over with 100% of that money being printed … that's the monetary collapse. And that’s not something that their going to announce is going to happen two weeks from Thursday that’s just gonna happen literally overnight when we have a complete melt down in the bond market. Which I’m predicting is gonna happen unless we actually balance the federal budget so this is what we are entering into is a real mutual sacrifice on the part of all of us. I would argue let’s have that mutual sacrifice as opposed to all of us having nothing which is what happens during a monetary collapse that our money ends up being worth nothing. That happened in Russia part of that was Afghanistan. We’re not immune to this. We can fix it but we need to do it now and that’s the position that I hold.
Everything that I did as Governor, and everything that I think needs to occur right now in the Federal Government, needs to be a cost-benefit analysis. What are we spending our money on, and what are we getting for what we're spending? I am of the belief that we are on the verge of a financial collapse. We can not repay fourteen trillion dollars in debt if we're spending one point six trillion dollars more than we're taking in this year and years to come. That is not sustainable... We landed on the moon, we can balance the federal budget. And that means cutting forty-three cents out of every federal dollar that we're currently spending.
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