E-mail Campaign -- Annual Deficits & Accumulated Debt

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E-mail Campaign -- Annual Deficits & Accumulated Debt

Post by johnkarls »

---------------------------- Original Message ----------------------------
Subject: Topic for April 10th + Unofficial Six-Degrees-Of-Separation E-mail Campaign
From: ReadingLiberally-SaltLake@johnkarls.com
Date: Sat, March 16, 2013
To: ReadingLiberallyEmailList@johnkarls.com
Bcc: Our Approximately 150 Recipients Of Our Weekly E-mail

Dear Friends,

[Information about our next meeting omitted.]


We take great pride in our Six-Degrees-Of-Separation E-mail campaigns to America's decision makers such as President Obama which, with only a few computer keyboard key strokes, can be sent by each of our members (1) to the decision maker, and (2) to all of the member's friends and acquaintances requesting them to do the same in an unending chain.

Accordingly, we also take great pride that each of our recommendations has been approved unanimously at one of our meetings or, at most, received only one dissent (in which case we say there was a "consensus" rather than "unanimity").

However, because of your Constitutional Rights of Freedom of Speech and Freedom to Petition, we have always included in our newsletters any proposed E-Mails that did not receive approval but were nonetheless sent to the Decision Maker by the proposing member.

The following E-Mail has been sent to President Obama by John Karls. However, two attendees of our 3/13/2013 meeting objected to the proposal so it is not official.

If any recipient of this newsletter would like to start her/his own E-Mail Campaign based on the following E-Mail to President Obama by John Karls, the E-Mail itself should be self-explanatory. And our other E-mail Campaigns posted on http://www.ReadingLiberally-SaltLake.org will suggest how yours can be designed to reach every American with only a few computer keyboard keystrokes by each.

President Barack Obama

Re: Annual Deficits & Accumulated Debt

Dear Mr. President:

Thank you for all of your efforts on behalf of our country.

However, recently you have been quoted as saying that our country’s annual deficits and accumulated debt do not pose a threat to our economy during the next decade.

This implies that you agree that when a country’s debt (which includes its own currency which is nothing more than zero-coupon infinite-maturity debt obligations) becomes worthless, there loom the historical disasters of 1930’s Germany starving while trying to run on the British Pound Sterling and 1990’s Russia starving while trying to run on the U.S. Dollar.

It would appear your equanimity results from ignoring the total accumulated U.S. governmental debt which now exceeds 100% of GDP and focusing solely on debt that is not held by U.S. governmental agencies such as the Social Security Trust Fund. According to the U.S. Treasury, this public debt amounts to only $11.9 trillion and, according to http://www.cia.gov, only 73.6% of GDP for 2012, though growing at an annual rate of 7.6%.

Although it is true that the debt of most of Europe’s “problem children” countries (Portugal, Italy and Greece) exceeded 100% of GDP, Spain’s debt was only 68.5% of GDP in 2011 (according to http://www.cia.gov) when its debt came under attack because of the size of its annual deficits which would bring its debt to 83.2% of GDP for 2012.

Accordingly, the U.S. is already at the brink where Spain’s debt came under attack = 73.6% of U.S. GDP for 2012 + 7.6% = 80.2% of GDP currently and, like Spain in 2011, continuing to mushroom.

Moreover, Spain (and Europe’s other “problem children” countries) were saved in mid-2011 by the U.S. Federal Reserve which guaranteed all debt issued (1) before 12/31/2011 by the Spanish and Italian Governments, and (2) before 2/1/2013 by all European banks (not just Spanish or Italian banks).

Unfortunately, there is no Celestial Reserve Bank that can guarantee the U.S. government’s debt or currency, the way the U.S. Federal Reserve was able to bail out Europe.

Accordingly, it is respectfully suggested that you be more cautious in your actual attitude (vs. your rhetoric) regarding the U.S. government’s annual deficits and accumulated debt. Indeed, you might even consider proposing a Balanced Budget Amendment to the U.S. Constitution requiring, say, 60% Congressional approval for any unbalanced budget or resulting increase in the national debt.

Thank you for your consideration.

We hope to see all of you on Wed evening April 10th!!!

Your friend,

John K.

PS - To un-subscribe, please press "reply" and type "deletion requested."

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Posts: 170
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Compliance With White House's 2,500-Character Limit

Post by Pat »

The White House website has a limit on e-mails that may be submitted = 2,500 characters, presumably including spaces.

If you received the Unofficial Six-Degrees-Of-Separation E-mail embedded in the regular RL weekly e-mail on 3/16/2013, you may have noticed that a simple "cut and paste" of the letter to President Obama from the RL E-mail into a Microsoft Word document resulted in a document with 2,470 characters including spaces.

However, if you "cut and paste" the letter to President Obama from this website into a Microsoft Word document, the result is 2,535 characters including spaces.

There are two problems.

First, the software for this website automatically adds at the end of each paragraph 1-2 extra empty spaces that are counted by Microsoft Word following the "cut and paste."

And second, the software for this website automatically adds to the front of any website address in the text being posted "http://" which happened twice in the letter to President Obama.

Accordingly, if you want to be certain that your e-mail to President Obama contains the last line thanking him for his consideration, you should "cut and paste" the letter from the website into a Microsoft Word document and (1) delete the "http://" both time it appears, and (2) to get rid of the extra empty spaces at the end of each paragraph, place your cursor at the end of each paragraph, hit "enter" twice, type the first letter of the following paragraph and then highlight down to the first letter of the next paragraph as it already appears and hit "delete."

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