Open Letter To U.S. Senators
       Max Cleland and Zell Miller
                   Editorial by Jeff Goolsby, Editor

      You are two of the twelve Democratic Senators who mistakenly voted for Illegal President Bush's "Tax Cut For The Rich".  I know you believed that you were doing the best thing for all American citizens but, I have talked to many Democrats in Georgia and have not yet talked to one Democrat who agrees with your mistaken vote supporting the Bush "Tax Cut For The Rich".  Republicans love your Bush vote but at election time they will vote against you, not for you
.       There are several things that you can do to help get the economy back on track quickly as it was during the Clinton-Gore Administration without devastating the Federal budget or increasing the Federal debt.  I will outline them in this open letter editorial.
      The economic slowdown has made it clear that Bush's tax cut for the rich was a serious mistake.  As a matter of fact, his promise to cut taxes was commenced prior to any indications that we were going to have an economic slowdown and was simply a con artist trick to gain votes, which was patterned after Reagan's voodoo economics promises.
      The economic slowdown was caused by two things generally. One was that entrepreneurs and investors misjudged the benefit of the internet.  While the internet is a fabulous business opportunity for millions of people, it was not quite as fabulous as many people believed.  Also, many entrepreneurs raised huge sums of money from investors with ideas that had not been adequately market tested and were not as workable or as valuable as they anticipated.  If the failed internet businesses had been adequately market tested prior to requesting huge sums of money from investors, most of the huge investor losses and job losses would have been prevented.
      A huge number of orders for various items were being placed by the entreprenuers who had misjudged the amount of market that the internet could provide as well as employees of those entrepreneurs who were purchasing items due to their huge salary checks.  There was a huge cancellation of the excess orders as soon as the inadequately prepared entrepreneurs began to run out of money and had to start closing their internet businesses that were not producing as much revenue on the internet as they had anticipated.  This huge number of orders extended into other areas in addition to the internet and the economic slowdown caused huge excess inventories for many manufacturers and businesses.
      These huge inventories caused a reduction in production and a substantial increase in unemployment.  This increase in unemployment reduces the amount of income tax revenue going to the Federal government and it also reduces the amount of money being paid into the Social Security fund.  This reduction of regular income tax and Social Security tax revenue combined with the mistaken tax cut for the rich has gutted the general revenue surplus along with reducing the Social Security surplus.
      While making a huge reduction in the general revenue surplus, the tax refund did virtually nothing toward stimulating the economy because it only provided enough money to taxpayer recipients to purchase one extra soft drink per day for a year.  This could not possibly have any significant effect on the economy.  This is easy to understand because Bush's alcoholic blurred brain has caused him to refer to things involving numbers as "fuzzy math".  The fact that Bush sometimes delivers slurred and incoherent speeches in the evening indicates that he really has not quit alcohol but instead has developed a greater skill at concealing his alcohol sickness.
      You may be aware that when Richard Nixon was elected president in 1968, the Federal debt was $360 billion dollars.  Twenty four years later when Bill Clinton was elected president, the Federal debt had exploded to more than $4,000 billion (4 trillion) dollars.  Most items that cost $1.00 when Nixon was elected, were costing approximately $10.00 when Bill Clinton was elected.  This means a dollar devaluation of approximately 90%.  This was the result of Republican con artist scams because nothing happens in politics unless someone or group of people plan it who have the power to make it happen.
      This Republican dollar devaluation and Federal debt explosion was the worst scam this country has ever experienced except the Republican Freight Rate War, usually referred to as the Civil War.  We can not afford another Republican scam like the one that happened from 1968 to 1993.
      The following suggestions would jumpstart the economy with no net cost to the Federal government.  You could and should introduce bills in Congress to do the following:
      1.     Give tax credits to companies that produce items that are in short supply and needed at this particular time in conjunction with Federal assistance when needed for the purchasers of those items.  This would stimulate enough employment to produce additional tax revenue to offset the tax credits.  When correctly calculated tax credits are given for Federal assistance for production and use of short supply needed items, it would stimulate production.  The extra company income tax and extra employment income tax revenue would more than offset the tax credits.
      The most important fact about tax credits is that tax credits do not cost the Federal (or state) government anything until the income tax is filed which will not cost anything then if it has generated enough extra income tax through extra employment.  In most cases, if the tax credits are correctly targeted and correctly calculated, considerably more income tax will be generated than the tax credits.
      2.   Some of the items needed are electronic equipment for schools, including surveillance equipment, more computers, etc.  Even one year tax credits for individuals to purchase computers and hook up to the internet would help get rid of the excess inventory of computer and internet type equipment.
      3.     We need forest fire prevention equipment such as more fire towers to pinpoint and extinguish fires at the beginning stages instead fighting them when they become huge monsters.  This should also include additional aircraft with water carrying capacity to extinguish fires as soon as they start.  Perhaps someone has already invented a fire extinguishing foam that when dropped on a small fire would remove the oxygen and suffocate the fire before it becomes a large fire.
      4.    Electricity producers should commence building wind mill electric generators in all areas of the United States where winds are consistent and fast enough to produce electricity by wind.  Wind mill generators would also reduce the cost of electricity and help clean up the environment.  Hydroelectric water dams on rivers would produce electricity without damaging the environment and more dams should be built in areas that would be practical.
      The Federal government could supply some tax credits for building these electricity producing units and the additional employment would produce more income tax revenue than the cost of the tax credits if the tax credits are correctly calculated.
      5.     We have been held hostage by the Oil Producing Exporting Countries (OPEC) since President Nixon discontinued the Federal subsidy for wildcat oil drilling companies which destroyed the wildcat oil drilling businesses.  When Nixon discontinued the subsidy, we were purchasing 10% of our oil from the OPEC countries and the price of oil was $4.00 per barrel. Soon thereafter, we were purchasing 50% of our oil from OPEC countries and the price went to $40.00 per barrel.  Oil prices have been going up and down like a yo-yo ever since.  We need to discontinue our dependency on OPEC.
      We need to switch to straight alcohol fuel which would help our farmers tremendously and the cost of fuel for motor vehicles could be reduced if the alcohol is made from re-usable grain, such as corn, wheat, oats, etc.  Our current system of using high proof alcohol to increase the efficiency and reduce the pollution of gasoline which is then called "Gasohol", only raises the cost of gasoline.  One manufacturer of alcohol fuel, during the time that President Carter was pushing for alternative fuel, advised me that the power of 185 proof alcohol fuel was equivalent to regular gasoline.  The cost of increasing the proof would raise the price of alcohol fuel to accommodate any vehicles that may need higher power fuel than regular.   Alcohol fuel would eliminate most of the current pollution caused by gasoline.
      The major difference in vehicles would be that the fuel system would have to be made with products that would not rust or rot, because alcohol is made with water.  Congress should enact a law requiring that all new motor vehicles be built to accommodate alcohol fuel and could provide a tax credit subsidy to make the conversion.  A tax credit subsidy could also be provided to manufacturers of alcohol fuel to get alcohol fuel production up and running.  The oil companies would make every effort to prevent this proposal about fuel but they would profit from alcohol fuel if they join the bandwagon.
      6.   Tax credits should also be offered for other alternative fuels such as electric, sun power, or hydrogen fuel.
      7.    I started proposing tax credits for low income housing purchase financing in the early 1960's for both Federal and state programs.  My proposals sparked the FHA 235 subsidy program and the GRFA program in Georgia, but in neither case did they use tax credits.  The Federal government paid part of the interest for low income home purchasers in the 235 program.  The GRFA program in Georgia used tax exempt bonds.  Neither produced the results that my proposed tax credit system would have produced and the 235 subsidy program was a cost to the Federal government, even though it did produce some extra income tax revenue.
      A tax credit needs to be set up so that investors who provide extremely low rate loan funds for low income families with an interest rate of 2% would receive a tax credit that would produce the equivalent interest rate return of 6% at no actual cost to the Federal government, or state government if the state government is providing the subsidy.  The tax credit would need to be applied to the investor's net tax due instead of across the board.  This would produce enough extra income tax revenue to more than offset the tax credits making the cost to the Federal government zero.  This system would help the unemployment problem considerably and help provide surplus income tax revenue, at the same time help low income people buy a home, improve their living standards, and become more responsible citizens.
      8.   Congress needs to repeal the Bush tax cut provisions for the rich and leave the tax cut in place for low and moderate income taxpayers.  When President Clinton increased taxes on rich people, Republicans said that the increase would wreck the economy.  They were dead wrong as usual because the Clinton-Gore 8 year economy record is the best since the Truman Administration economy.  An income tax cut or increase for the rich has virtually no effect on the economy as was proven by President Clinton.  Many if not most rich people are willing to pay extra taxes because they have enjoyed extra benefits from the American economy.  Many super rich people opposed the Bush tax cut for the rich.
      9.    Congress needs to enact a price gouging tax.  This tax should be geared toward preventing inflation(dollar devaluation) as well as eliminating price gouging by companies that have some type of monopolistic status with a product or service.  The rules should be that any company that commences charging more than has been consistent with similar type situations over a large number of years would have to pay the excess charges into the price gouging tax.  This should apply to products and services and would be especially helpful in preventing the current approximate 20% price increases per year by the drug manufacturers.  The drug manufacturers are making it virtually impossible for low and moderate income people to obtain adequate medical care due to their extremely inflated prices in recent years.
      10.  Congress needs to enact a law preventing bonanza awards in civil lawsuits which should also require insurance companies to reduce their insurance premium charges due to their lower exposures.  Jury awards should be limited to actuarial limits as are currently being used by insurance companies to determine the value of a person's life for the purpose of life insurance.  This would be equivalent to a significant pay raise for taxpayers.
      11.  Congress could and should enact a revision of the Social Security retirement law to change it from a less than poverty level retirement to a rich retirement to coincide with the huge amount of Social Security tax that is currently being paid.  The details of this proposals are fully explained in my Ebook, How To RETIRE RICH, It Is Easier Than You Think, which is located at www.rojego.com.  This revision could be made at no extra cost or extra investments by Social Security taxpayers.
      12.  Congress needs to revise our laws to quit protecting criminals and start protecting victims and law abiding citizens.  These problems and proposed changes are detailed in my Ebook, Is This POLITICS & JUDICIAL CORRUPTION In Henry County?, which is also located at www.rojego.com.  Hundreds of people are being ripped off daily in civil and criminal court in the United States due to the defects in our laws and corruption in our judicial system.  These proposed corrections would reduce crime drastically and reduce the cost to Federal, state, and local governments along with improving the lives and safety of all American citizens.  This Ebook also provides some guidance, not available otherwise, for victims who are already trapped in judicial defects, errors, or corruption.
      13.  I do agree with President Bush to a certain extent with his proposal to help Mexican workers in the United States.  Mexican workers are a tremendous asset to the United States.  I have observed, first hand, Mexican workers as being exceptionally good workers and hard workers.  It has been estimated that Mexicans produce $300 billion dollars in products and services in the United States.  Mexico is our third largest export customer, purchasing annually $275 billion dollars in U.S. made products.
      Contrary to what many people believe, every person that arrives in this country either by birth or immigration, or otherwise, creates a need for products and services.  This presents opportunities for people who provide these products and services.  This of course provides more employment to provide these products and services.  Every person immigrant or otherwise needs housing, food, clothing, utilities, transportation, and all other things that people need who already live here.
      14.  However, we would do immigrants a tremendous favor by requiring that they become fluent in English before being allowed to enter and live in this country.  Many immigrants are severely disadvantaged and frequently ripped off because they do not know how to speak English.  This could be avoided by requiring their fluency in speaking and writing English.  They need the "3 R's", "Reading, Riting, and Rithmetic".
      Another misconception is that many people think that immigrants come to this country to get on public welfare.  That is just the opposite from reality.  Virtually all immigrants are the more ambitious people in other countries who want to come to this country so they can earn a better living, not go on welfare.
      15.  If you would like to see our economy get back on track quickly with fiscal responsibility as was the case during the Clinton-Gore Administration, please write your U.S. Representative and two U.S. Senators and demand that they enact these proposals.  It is possible that all of these suggestions could be included in one bill and be entitled "Economic Rescue".  Since Bush and Cheney are both staunch oil men, it would be best that at least two thirds of each house votes for this economic rescue so that a veto could be overridden.  These proposals can be enacted and they would do the job needed today as I have suggested.