Senate Candidates Spar in Wyckoff
May 27th 2014
the staff of the Ridgewood blog
Wyckoff NJ, Jeff Bell , Brian Goldberg , Murray Sabrin Candidates for Senate ,looking to unseat Cory Booker spoke at the Larkin House in Wyckoff last night hosted by the West Bergen Tea Party.
Jeff Bell focused on Restoring Middle Class Prosperity , saying there was now NO Future for our grandchildren.
America was founded on the idea that hard work gets you ahead. But that social contract has withered away owing to dysfunctional government policy that favors the wealthy while necessitating huge budget deficits to provide a safety net large enough to support those left behind. Despite advances in technology that have improved the standard of living, it has become harder for working people to support a family and for young people to establish a career. The next U.S. Senator from New Jersey must be a tireless advocate for solutions that restore the middle-class prosperity that was once a hallmark of this nation.
The most important hindrance to middle-class prosperity is the condition of the U.S. dollar. Since 1994 it has lost over one-third of its value, and lost 10 percent in the last five years alone since the Federal Reserve began its “Quantitative Easing” program of creating new dollars. The effect of rising prices is felt everywhere: at the grocery store, the gas pump, in medical costs, and school tuition.
Instead of serving the people, our money serves the federal government, whose trillion-dollar borrowing is the main cause of the Fed’s money creation. To restore the money supply in the hands of the people, we need a dollar whose value is backed by gold. Read my specific plan to do that. The gold standard, which stabilized the dollar under various iterations through most of U.S. history, is the proven way to encourage stable long-term prices and preserve limited government. This is why the Constitution in Article I, Section 10 directs Congress to “coin money” and “regulate the value thereof.”
While Washington has gotten free financing from the Fed, families planning for college, retirees living on a fixed income, and everyone else hoping to earn a decent return on their savings rather than speculating in the markets have fallen behind. It is a travesty that our monetary policy has deprived seniors, parents, and savers in billions of income so Congress can rack up more debt.
This is the direct result of the Fed’s policy of near zero interest rates, now in its sixth year. The suppression of interest rates below the market level has also broken down the traditional banking system, in which small businesses borrow from their local banks. The total value of all small bank business loans is approximately half of what it was when “zero interest rates” was adopted. Now, neighborhood standbys like hair salons and restaurants are forced to seek alternative forms of credit like cash advance loans that often come with 50 percent effective interest rates.
Brian Goldberg focused on his electability saying his “positive message” and business experience could lead him to defeat Booker. He questioned whether Booker, who once lived by choice in a Newark housing project, can relate to the average Garden State resident.
Promoting the concept of Empowerment, not Entitlement, Mr. Goldberg brings a positive message to the race.
Goldberg said as a businessman,he has practical experience in the areas that matter most to NJ voters.He’ll combine that experience with his business experience to seek Win-Win solutions to the nation’s biggest challenges, providing NJ with a new voice in Washington.
Murray Sabrin focused on his back ground and how he arrived in America with his parents and older brother on August 6, 1949. His parents were the only members of their respective families to survive the Holocaust.
Rather than submit to the authoritarian regime of National Socialism, Murray’s father led a group of 241-armed partisans in Poland, and included the famed postwar Nazi hunter and writer Abba Kovner. The tragedy and triumph of Murray’s family has taught him to revere human life and hold dear those freedoms in our Bill of Rights — especially the right of citizens to protect themselves under the Second Amendment.
Murray Sabrin became a U.S. citizen in 1959 at age 12, and graduated from the Bronx High School of Science in 1964. He has a Ph.D. in economic geography from Rutgers University, an M.A. in social studies education from Lehman College and a B.A. in history, geography and social studies education from Hunter College.
His personal experience allowed him to see the dangers of big government and make him what he called himself New Jersey’s foremost defender of economic freedom and individual liberty. For three decades he has been fighting to end harmful government intrusion into our lives.
Like the other two he focused on how the U.S. economy is experiencing the worst recovery since the end of World War II. Despite trillion dollar budget deficits under President Obama and the Federal Reserve’s unconscionable money printing known as Quantitative Easing, which has dropped interest rates on savings accounts to virtually 0%, America’s real unemployment rate is more than 20%, according to some economists. In other words, the federal government’s fiscal and monetary policies have not “stimulated” the economy.
America’s free enterprise system has been replaced by crony capitalism–bailouts of Wall Street and politically connected firms, and subsidies to inefficient businesses. We need to return to a free market economy across the board so we can enjoy the fruits of a prosperity based on real savings and investments.
He then spoke on NSA spying ,and IRS Targeting and the growing threats to our Constitutional rights Saying the real threat to our rights is from the Obama administration, and he will work tirelessly in the United States Senate to repeal every law that infringes on the American people’s constitutional rights guaranteed in the Bill of Rights.