{"id":26077,"date":"2024-04-15T02:29:44","date_gmt":"2024-04-15T07:29:44","guid":{"rendered":"https:\/\/ustower.net\/?p=26077"},"modified":"2024-04-16T02:34:27","modified_gmt":"2024-04-16T07:34:27","slug":"exclusive-joe-penland-sr-u-s-government-borrows-money-and-never-pays-it-back","status":"publish","type":"post","link":"https:\/\/ustower.net\/?p=26077","title":{"rendered":"Exclusive\u2013Joe Penland Sr.: U.S. Government \u2018Borrows Money and Never Pays It Back\u2019"},"content":{"rendered":"\n

While the United States climbs closer to being nearly $35 trillion in debt, the American people and the U.S. government operate under two completely different sets of rules, with the government borrowing money that it \u201cnever pays\u201d back, Joe Penland Sr., the founder of Joe from Texas, a grassroots organization, said during an interview on Breitbart News Saturday<\/em>.<\/p>\n\n\n\n

Penland and his organization have released a contract known as the Contract From The American People<\/a>, which asks for a \u201ccommitment\u201d from candidates running for president to \u201cpursue the following agenda\u201d of reigning in spending and helping to \u201ccontrol the national debt<\/a>,\u201d setting up a \u201cmechanism to help control debt\u201d in the long-term, securing the southern border, and tackling illegal immigration, among other issues.<\/p>\n\n\n\n

\u201cThe contract is similar to what Newt Gingrich<\/a> and the Republicans did,\u201d Penland explained. \u201cWhen they had a contract with America that if they got elected again, they would get certain things through Congress to get voted on. They couldn\u2019t guarantee them being passed.\u201d<\/p>\n\n\n\n

In 1994, then-House Minority Whip Gingrich introduced<\/a> a contract to reduce taxes, cut back on the size of government, and work to make Congress more transparent, which more than 300 Republican candidates signed.<\/p>\n\n\n\n

\u201cThis contract is similar to that,\u201d Penland added. \u201cWe have, when I crisscross America and I talk to people, they say, \u2018Joe, our vote doesn\u2019t count.\u2019 Well, I want people to vote and I want you to know your vote does count.\u201d<\/p>\n\n\n\n

The Contract From The American People, which Penland is introducing, has ten main pillars or key components to it that they are asking candidates for president to pledge to make a \u201cpriority.\u201d<\/p>\n\n\n\n

Among the key components are for candidates to pledge to \u201creign in spending and control the national debt,\u201d \u201cset up a mechanism to help control debt for the long-term,\u201d \u201csecure our border and reign in illegal immigration,\u201d and \u201csupport the enforcement of our laws and have a zero-tolerance policy for serious crime.\u201d<\/p>\n\n\n\n

Other key components that presidential candidates are asked to pledge to are to \u201cimplement energy policies that boost\u201d the economy, \u201ccontrol the excess inflation,\u201d \u201cfight corruption at every level of government,\u201d \u201cmake school choice and security a priority,\u201d \u201cimplement mandatory financial literacy and civic responsibility\u201d in education, and to adopt term limits.<\/p>\n\n\n\n

\u201cThis contract starts, it has ten things. One is reigning in the spending, one is setting up a mechanism to help control the spending for the long term. We have to bind Congress with a Constitutional amendment that will make them do certain things. Make them have a budget on time, make them stay on budget, because obviously, they\u2019re not going to do it, they\u2019re just going to continue to grow this debt.\u201d<\/p>\n\n\n\n

\u201cThere\u2019s a whole lot of things here, from securing the border to reigning in our costs to make sure we don\u2019t let social security run out that would bankrupt 68 million people in this country, double the poverty rate overnight,\u201d Penland added. \u201cWe\u2019ve got so many things that are all tied to the debt. Understanding that this country has a lot of problems, but if we don\u2019t control our debt, get this thing under control very shortly, then the other things will overcome us anyway.\u201d<\/p>\n\n\n\n

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Penland explained that he had grown up on social security after his father had a stroke, adding that he knew \u201chow important social security is to America.\u201d After finishing his education, he went into construction, adding that he has \u201cfifty years in this business.\u201d In 1974, Penland created the Quality Mat Company, which provides \u201ctemporary roadways and work surfaces for construction sites,\u201d according to his company website<\/a>.<\/p>\n\n\n\n

\u201cBusinesses and banks and all of us operate under one set of rules; the government operates under another set of rules. America borrows money to buy a car, house, or whatever, they have to pay for it,\u201d Penland said. \u201cAmerica borrows money to do just about anything, start a business, but we have to pay it back. The government borrows money and never pays it back.\u201d<\/p>\n\n\n\n

\u201cI\u2019ve had excellent reception, obviously with Newt Gingrich. I\u2019ve had lunch with him, I\u2019ve talked to him several times on the phone, and I asked him how they did what they did to balance the budget four times with Bill Clinton, pay it down twice, and he said, \u2018Joe, we were standing on Ronald Reagan\u2019s shoulders,’\u201d Penland said. \u201cIt made a lot of sense because Ronald Reagan came into office when we had a bad problem with our economy, he left when things were a whole lot better. He just, he was America\u2019s president.\u201d<\/p>\n\n\n\n

Breitbart<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

While the United States climbs closer to being nearly $35 trillion in debt, the American people and the U.S. government operate under two completely different sets of rules, with the government borrowing money that it \u201cnever pays\u201d back, Joe Penland Sr., the founder of Joe from Texas, a grassroots organization, said during an interview on Breitbart News […]<\/p>\n","protected":false},"author":5,"featured_media":26078,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1155],"tags":[27834,1235,27836,27835,3165],"class_list":["post-26077","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-borrowing-money","tag-debt","tag-old-joe-penland","tag-the-u-s-government","tag-voting"],"_links":{"self":[{"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/posts\/26077","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/ustower.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=26077"}],"version-history":[{"count":2,"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/posts\/26077\/revisions"}],"predecessor-version":[{"id":26136,"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/posts\/26077\/revisions\/26136"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/media\/26078"}],"wp:attachment":[{"href":"https:\/\/ustower.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=26077"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ustower.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=26077"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ustower.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=26077"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}