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PerotCharts.com Press Release

Posted on June 16th, 2008 in Print by PerotCharts

 

Ross Perot Launches Public Information Website
About U.S. Economic Crisis


PerotCharts.com Illustrates that We Are Running Out Of Time to Stop Deficit Spending



DALLAS, TEXAS – JUNE 16, 2008 /PRNewswire/—Ross Perot, business leader and former presidential candidate, announced today the launch of “PerotCharts.com,” a public information website that contains objective, factual information about the current economic crisis in America. The site is being launched as an alert and appeal for American citizens to inform themselves about federal government spending. Perot said, “The U.S. national debt reached $9.4 TRILLION on April 30, and it is increasing by more than $1 billion every day. We are leaving our children and grandchildren with debt they cannot possibly pay.”

PerotCharts.com consists of three major components: a video featuring Ross Perot discussing the purpose of the website, a blog where new charts and other information are posted daily for study and comment, and a narrated chart presentation explaining the economic problems our country faces.

The website is not affiliated with any political party or candidate. Most of the data and research for the charts is gathered from official government sources.

“The economic crisis facing America today is far greater than anything since the Great Depression,” said Perot. “Our federal government continues to spend us deeper into debt. The American people must get directly involved and demand an end to deficit spending. This website will provide information for citizens to do just that.”

Like the economic charts Perot employed in his 1992 and 1996 presidential campaigns, which served as snapshots of complex economic issues presented in simple terms, PerotCharts.com features the latest official government figures about the real conditions of our economy for everyone to see and consider. The site is designed to be a reservoir of information about the economy, and provides an accurate look at where the money comes from and where it goes.

David Walker, former U.S. Comptroller General and current president and CEO of the Peter G. Peterson Foundation said, “Ross Perot is the father of fiscal charts, and PerotCharts.com will help Americans understand the serious fiscal challenges facing our nation. These updated economic charts will also serve to hold elected officials accountable while accelerating needed actions to help ensure that our collective future will be better than our past. What we need now is leadership from our elected officials.”

Newt Gingrich, former Speaker of the U.S. House of Representatives said, “Ross Perot is exactly right to echo Winston Churchill’s famous cry for ‘action this day’ to rally the nation to reform our entitlement programs, end deficit spending, and balance the federal budget. PerotCharts.com contains information every citizen needs to know so we can demand real change to get the nation on the right track.

David L. Boren, former U.S. Senator and governor of Oklahoma and current president of the University of Oklahoma said, “The facts speak for themselves in Ross Perot’s powerful website for all Americans. Runaway spending and a rising national debt will destroy America’s future as a great nation. As more of our debt is held by those in other countries, our political independence is put at risk by our economic dependency. We must act now!

“We simply cannot wait any longer to do something about runaway deficit spending,” Perot said. “This website addresses a number of issues, and we will add more in the coming weeks and months. But there is a common thread running through all of them. We cannot solve these problems unless we have the ability to pay for the solutions. Getting spending under control is the first step in that process.”

For more information, visit PerotCharts.com.

96 Responses to “PerotCharts.com Press Release”

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  1. 76
    THEOZON Says:

    Who left the barn door open? I’ll tell ya who. WE ALL DID.

  2. 77
    wakeuppeople Says:

    All this talk about the government and what it needs to do to reduce the national debt is smoke screen for the real problem. Do away with the federal reserve act and bring back the Greenbacks! The gold standard is not the answer either…..the gold market is cornered by the fed and the central banks.
    Anyone who talks of doing away with the Federal Reserve or returning to Government created money receives no merit from the media (or ends up dead) because the media is owned by the same people on the board of the Federal reserve or the central banks or are in bed them.
    The media plays the left against the right as a diversion so the people don’t figure out what is really happening until it is too late.

    WAKE UP PEOPLE!

  3. 78
    wakeuppeople Says:

    Check out this link. It will leave you enlightened and angry
    http://www.iamthewitness.com

  4. 79
    Philip Yan Says:

    This is a long-overdue website. It is refreshing to see someone take the initiative of presenting information in as objective a manner as possible.

    But I think the potential for this site should extend beyond the presentation of facts and data and move into the area of application — making the correct use of the information as a basis for decision-making.

    Just a suggestion: take this information, apply it against the different issues (Budget Deficit, Education, Federal Budget, etc.), and see where each presidential candidate’s positions and policies will most likely create a better end result for the country. No politics, no electioneering, no endorsing — just a plain and simple evaluation of each candidate’s pronounced stand(s) on each issue and the short- and long-term effects we can expect.

  5. 80
    John Says:

    AMEN! COngratualtions to Ross Perot for his timing. In the current political climate he is a breath of fresh air. He was never anything less than a natio nal treasure.

    Question, why can’t Social Security be actuarially funded? I am a retired local government worker who paid into Social Security for over 45 years (still paying) and for 30 years I paid 6% of my gross salary pre-tax into a local government retirement system… My former employer (the taxpayers) contributed a similar amonunt to both plans. Social Security is BROKE! Always has been, yet my retirement fund (State of Norht Carolina, Defined Benefit Plan) sends me a check monthly for more than I will ever see in a month from Social Security, and according to the latest public audits of the State’s retirement system the pension plan is 98% funded… That means if EVERYONE who has ever been a member of that fund retires and not another cent ever is paid into it, they have assets to meet 98% of their future liabilities until the last one of us dies! Social Security doesn’t have a single dollar in the bank right now… Just a pile of IOU’s from Congress.

    My point is simple. There are working models of succesful retirement funds out there. WHy in the name of Heaven doesn’t the federal government implement them?

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