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I was happy to see one of our area's House representatives—Mr. Doug Kary—sponsored HB474. This proposed legislation would authorize $9,500 to study prospects of chartering a state central bank.
1. Our current national debt is $16.6 trillion; $147,275 per taxpayer.
2. In 2012 our budget deficit: $6.6 trillion.
3. Total federal obligations: $85.4 trillion.
4. The Federal Reserve spends $85 billion a month on security buying programs.
We cannot rely on policy makers in Washington. The reason U.S. citizens have a good lifestyle is because of the world currency reserve status of the United States and the might of our military. However, many countries are questioning our solvency. We continue to watch China, Germany and others diversify their holdings out of U.S. dollars. What this means for Montanans is we will suffer the consequences as the status quo are underfunded. Consequences could be the reduction of social safety net programs, continuing decay of infrastructure, decreased law enforcement, price increases, inflation. This scenario will occur in some form.
Passage of HB474 starts Montana down the road of putting our state into a position where we will be able to mitigate the effects of an economic catastrophe.
In the construction of a Montana central bank, I demand two conditions of its charter:
1. That a large fixed percentage of bank assets be held in gold and silver.
2. A sunset clause on the bank's charter. This provides for accountability.
Please tell your representative to support HB474!
Michael D. Asselta
The paradox that exists with environmentalists and their movement is that they have been granted standing in our society, but our society does not require their accountability in return. By granting them standing, society has incorporated the environmental movement into society's processes, procedures and governance.
However, they are not required to be responsible for their actions. They don't generally make hard decisions, raise capital, spend wisely, engineer solutions or manage risk.
Landowners in central and eastern Montana received a letter from Fish, Wildlife and Parks last week that essentially threatened them with extortion.
Since 2008 FWP has restricted hunting opportunity in these specific areas, with a goal of coercing more access to private land for hunting. FWP mistakenly assumed that a landowner would bargain away private property rights for the price of an elk permit. Instead, the limit has been directly responsible for millions of dollars in lost tourism revenue to the surrounding communities, as well as less access to private land for public hunting.
With this recent letter FWP is attempting to pass off a few extra permits as an “incentive” that landowners should be grateful for and therefore bend to FWP’s will, or face the consequences. They are telling landowners that if more access is not given and elk harvest increased, they will further reduce bull elk permits in these areas. The letter states, “If there is no increased harvest, the Commission has identified reducing bull permit numbers as a potential if not likely management response.”
These attacks on property rights have resulted in the worst landowner/sportsman relations in recent history, and a near all-time low in hunting license sales. Instead of recognizing the uncompensated contribution private landowners make to wildlife habitat, FWP seems hell-bent on imposing their will, and public access, onto private land. Landowners are fed up with these tactics.
Dave Abel, Toby Dahl and Deanna Robbins
Directors, United Property Owners of Montana
The Big Sky Business Journal
P.O. Box 3262
Billings, MT 59103