PerotCharts.com Press Release
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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June 21st, 2008 at 7:49 am
So, where is the chart that represents the spending in IRAQ????????????????
So, where is the chart that represents the BILLIONS of dollars ”missing” in IRAQ ??????
So, where is the chart that represents KBR contracts in IRAQ ???????????
Yeah, I know free market and big business can take care of all the ills if we’d just let them.
June 21st, 2008 at 10:28 am
We are, in fact, researching the costs of the Iraq war. When we have numbers that we believe are credible, we will publish a chart.
The Editor
June 21st, 2008 at 1:21 pm
Perot concludes that federal entitlement programs run amuck, like social security, linked to an aging population, as the primary cause of the economic problems facing the country today.
It de-emphasizes War as a major catalyst of our deficit spending, which may be empirically provable but like the rest of the analysis, plays into the hands of anyone wanting Americans to accept a decrease in their standard of living, increased taxes, and the imposition of significant austerity measures.
I found it very funny that Newt Gingrich had such high praise for the web site.
Perot also has a quote of support from the founder of the “Peter G. Peterson Foundation” (see website for the quote). Peterson is a former Chairman of the Federal Reserve Bank of New York and a Chairman of the Council on Foreign Relations.
At no point does Perot criticize the debt based monetary system or the policies (or existence for that matter) of the privately owned, for profit, Federal Reserve System and it’s itinerant inflationary policies.
I think it is very nice that Perot provides a free forum like this blog to accept criticism of his work, but I do hope that Perot considers in the future the broader ramifications of prescribing a band-aid to the damage done to America since the passage of the 1913 Federal Reserve Act, etc, etc.
June 21st, 2008 at 3:49 pm
Mr. Perot, Lord knows you have done more than you share of the work. Enough talk, how can I personally help you. I am sick and tired of this fiscally irresponsible government we currently have. Please don’t misunderstand me, I love this country, but it is our duty to hold our leaders accountable for their actions. “Asolute power absolutely corrupts”. It seems that the only time our political leaders listen to us is when they want our vote, after that only us who have privledged access ever have a voice. I hope and pray every day that there is someone worthy for you to pass the torch to.
Deeply Appreciative
David E. Harris
CEO Reconnaissance Technologies,INC.
June 21st, 2008 at 7:20 pm
Its funny how Ross Perot puts some charts up that are a dry factual account and people start politicizing it. Where the spending goes on (IRAQ or whatever) doesn’t matter. This is not a partisan issue and thank you Mr Perot for caring enough to bring it up in the current election. I wasn’t even voting age when you ran the first time, but I wish you would have been given a shot. Then maybe some real “change” would have occurred in Washington.