This may seem like common sense, but check out the websites for current Treasurer Frerichs and his Republican opponent Mr. Demmer. Neither of the two offer any policy or platform.
Let's get that straight - Neither Democrat Frerichs, nor Republican Demmer have ANY amount of policy on their websites. What does this mean? It may be that they have no ideas, nothing new, no way to help this state in its dire financial strait. While sad, this does present an opportunity for Illinoisans to see these old establishment parties for what they really are: empty chambers for special interests to marginalize us as they have their way with government.
The only amount of policy plans we may find for either the D or the R is this:
Both Frerichs and Demmer support elimination of the Comptrollers office in order that they, as Treasurer, might assume that power. Any student of the Constitution will recognize this as usurpation of our State's Constitution, and the political checks and balances that it provides. The offices of Treasurer and Comptroller are separate for a reason, and that reason is to be a safeguard for our public assets. Now, one may argue that the safeguard is effectively gone as one political party controlls both offices. This is now exemplified as both the Democratic Treasurer and Comptroller are giving us the run-around as they struggle to account for over a billion of our dollars:
Maybe the greatest offering of a Libertarian Treasurer will be the ability to HONESTLY count the money. Nelson does not answer to Democrats, and he does not answer to Republicans. This will enable us to give the state a true reporting, and to expose whoever may be hiding our treasure.
Besides counting cash, the principal role of Treasurer is to safely "invest" our state's assets. The other parties exclusively practice market investing. They consider it "diverse" to invest in numerous market sectors, but what happens when the entire market drops? A wise person need not be reminded of 1929, nor 2008. We are well-aware the potential perils our markets now face, as the Federal Reserve toys with Quantitative Easing and Tightening to and end that we have never seen before. Therefore, we should truly diversify our assets before it is too late, in order to safeguard the well-being of Illinois' approximately 12 million residents.
One aquirable asset is precious metal, principally: Silver. Silver is an ideal investment for numerous reasons. For one: it is less costly than gold, and therefore more liquid and accessible for all people. It also has a wide range of uses, beyond being pretty. Silver has medical applications: is a natural antibiotic, anti-fungal, and anti-viral. It is also a natural preservative that has been used for thousands of years without exhibiting any harm to the human organism. Silver also has indsutrial and technological applications, and is a useful component in many electronics which are now increasing in cost relative to the dollar. Finally, as of only a few decades ago, our national currency did have a silver standard, which had been effective at stabilizing our currency.
Another targeted asset is non-perishable calories. As inflation rocks our economy as many of us have never experienced outside of textbooks, food has increased dramatically in dollar-pricing. Little is more important to our survival than food and water. Ancient governments are even documented to have saved their citizens from famine through the wise storage of non-perishable goods. More recently, the Weimar Republic briefly considered adoption of a currency based upon an "Oat standard." Oats are a super healthy food item, and have an incredible shelf life of 30 years. Financially speaking, that makes them a MUCH safer store of value than cash. (At 3% inflation, cash loses half of its value over 27 years, and inflation is reported even higher now.) Therefore, by diversifying our assets and safely storing oats, we can preserve our wealth, and offer a REAL safety net for Illinois.
These are only a couple of options for diversification. It is important to understand that we are not suggesting a full withdrawal from the market, but merely a diversification away from what is currently a very risky situation. Although, due to current price inflation, our state may actually receive better returns from these safer options!
Preston Nelson for Illinois Treasurer
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