Liberal Democracy

Liberal Democracy
The Free State

Sunday, August 28, 2011

The Warrior Ron Paul: 'Ron Paul Interview on Fox News Sunday With Chris Wallace'

 
Source:The Warrior Ron Paul- U.S. Representative Ron Paul (Libertarian, Texas) on Fox News Sunday, with Chris Wallace.

"Ron Paul Interview on Fox News Sunday with Chris Wallace - August 28, 2011. Visit Ron Paul Daily News for the latest news interviews and articles on Congressman Ron Paul." 

From The Warrior Ron Paul

It's refreshing to hear Representative Ron Paul honestly talk about reforming FEMA and disaster relief in general. But it's also refreshing to hear Representative Paul moderate his position on how to reform FEMA (the Federal Emergency Management Agency) and not be in favor of getting rid of a Emergency Management Agency, without replacing it with anything else. 

The way we've dealt with natural disasters in the past, is essentially wait for a disaster and then borrow the money to pay for the disaster relief. When Congress comes back into session in September and the White House most likely sends a bill to them to borrow money from China or Russia or some other country to pay for it. 

House Leader Eric Cantor who doesn't make intelligent statements everyday, is right to take the position that Congress shouldn't allow a bill that would borrow the money to pay for this disaster relief to come out of the House at least meaning it wouldn't come out of Congress either. Because the House and Senate have to agree first before any bill can pass Congress. The Democratic Senate will probably borrow the money to pay for their Disaster Relief, that the Senate Republican Leadership will probably successfully block. 

And I know this will start another partisan political fight the victims of Hurricane Irene at stake so they can get the resources they need to rebuild their communities. And another political fight is probably the last thing Americans want to see Washington doing right now, but I believe this is a fight worth having. Because we are talking about the health of our economy and getting our fiscal condition back to a place where we can manage it with a much lower national debt and deficit. 

I'm not saying that we should ignore the victims of Hurricane Irene and do nothing for them. I'm just saying that we should pay for our disaster relief now and going into the future and do a better job of how we pay for it by putting money down and up front. And using the money to pay for the disaster relief from that fund, the cleanup and insurance. 

Reforming our Emergency Management System as well as a Disaster Insurance System I believe is fairly simple. What I would do is to eliminate FEMA, but then replace it with cooperative between the Federal Government states, and even private sector, where the Federal Government would be more of a regulator of this Emergency Management System as well as the Disaster Insurance System. Then trying to run both of them and they would both be financed by essentially a property tax and a payroll tax, to fund for the cleanup of disasters and when a disaster happens in a state, then they would be able to use this property tax to pay for the cleanup. 

With a new disaster relief system like this, they would hire private companies to handle the cleanup. And this property tax would be assigned by how much property is worth for owners and renters and how high at risk they are prone to a disaster: hurricane, earthquake whatever it might be and then their would be a payroll tax to pay for the disaster insurance. 

The Federal Government would regulate, but not run and each state would have their own Disaster Insurance System that they would regulate as well. That the people would be able to select for themselves where to get their Disaster Insurance, including a public option for each state. And again this payroll tax would be assigned by how much property is worth and how prone they are to disasters.

A PAYGO (pay as you go) system like this, paying as you putting money down and collecting it when you need it to pay for the cleanup of disasters, as well to fix and replace property thats harmed from these disasters, is a much better way to pay for Disaster Relief, then to essentially wait for a disaster to hit and then borrowing the money to pay for it. And putting it on the National Credit Card and letting nations that don't have your best interest at heart, own part of our debt.