Issue Position: The Economy Solution: Bob Fanning

Issue Position

Bob Fanning is the only candidate with the knowledge, experience, and ability to put Montana on a path of economic and financial success. There is NO competition and only one choice -- Bob Fanning for Governor.

How did we get into the real estate meltdown? How did we get into the financial and economic recession--and some say, depression?

The Problem

The Real Estate Collapse was caused by the Securitization of real estate mortgages and associated misconduct of those securities.

The use of Credit Default Swaps on the real estate securitizations.

Debasement of what was formally the world's reserve currency--the U.S. dollar.

Undermining of the Full Faith and Credit of the United States and its currency.

The disproporationality of the United States' Gross Domestic Product and the exponential rate of the debt rate. The GDP is unable to serve the massive growing debt.

The States have breached their fiduciary duty to its citizens by relegating to the central bank what they should be doing through State banks in violation of Article 1, Section 10, Paragraph 1, United States Constitution.
Centralization of political and economic power.
The Political and Philosophical Problem

Obama recently implied and many politicians have even stated that the U.S. Constitution should not get in the way of a rapidly expanding federal government, as long as there is any available rationale. This is an incorrect and un-American ideology, and it is causing oppressive results on Montanan's welfare, happiness, success, liberty, and prosperity. This is not the philosophy of Bob Fanning.

Many politicians believe there is an economic crisis because the federal government is not spending, taxing and regulating enough. In reality, the federal government is what is holding our economy back.

The Solution

Right now, Montana is not exercising its constitutional right to ignite our own economy. Alexander Hamilton rightly stated that the wealth of nations depends on the genius of the citizens. This is true, and the Fanning For Governor 2012 campaign will unleash the genius of the citizens to create wealth for themselves, their families, communities, and Montana.

Alexander Hamilton said in Federalist Paper 21, "The wealth of nations depends upon…the genius of the citizens". Unfortunately, government has stifled the genius of the citizens by instigating much of the economic and financial problems.

The Bob Fanning administration will unleash the genius of the citizens to create the most wealth, prosperity, and happiness Montana has seen in a long time.

As Governor, I will:

Embrace the Tenth Amendment and be a faithful executor of the United States Constitution.

Implement the Tenth Amendment Planon any unconstitutional federal laws or actions that prevent Montana from determining its own Economic and Financial course and destiny.

Create a political environment that encourages an Export-based economy.
Develop natural resources, thus creating capital to fund entrepreneurs to create more jobs that have exports as their priority.

Stand against Montana job-killing environmental lawsuits.

Restructure Montana's workman's compensation laws to become business friendly.

Discourage frivolous lawsuits by making the losing party to pay legal fees and post performance bonds to compensate those who have been harmed by baseless litigation--especially the entrepreneurial job creators, counties, and the state which lose critical revenues to these dilatory tactics.

Create enterprise zones that enhance intellectual property development and business risk taking; recover and restore decaying counties, towns, and cities.

Halt the current brain drain on our students--provide our students educated in Montana opportunities to obtain employment and create jobs in Montana.
Lower and flatten individual and business tax rates to attract capital, risk takers, and job creators.

Embrace a state banking system allowing Montana to create its own wealth, develop its resources, trade for other commodities, bring in capital and jobs, and provide security for our own State.

Audit all State accounts held by central banks and recover devalued monies by depositing in a state bank.

Make credit available for businesses.

Create a state-funded Small Business Association.

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