This Amendment must assure that the monster of the government will not re-grow its tentacles. We know from experience that the more power the government bureaucrats get the more corrupt they are, and the stronger they are– the faster they grab more power and money from us, the people. So we must put strict limitations on the absolute and proportional size, scope and budget of our enemy government.
1) This Amendment must include clause "All levels of all branches of the government must have a balanced budget based on the previous year receits" with no exceptions and no hidden sources of income or indirect debts, including but not limited to such form of debts or lowns as government issued bonds. No deficits in a budget whatsoever!
2) Another mandatory clause is: "Total budget of all levels of the government from federal to state and municipal levels and all three branches of the government combined must not exceed 13% of the previous year GDP with no hidden sources of income such as government issued bonds or debts of any nature". It also must include a paragraph “No collective bargaining regarding the taxpayers money paid jobs (public, government and similar services) is legal (as you know, the biggest push towards the America’s bancruptcy that amounts to over 100 trillion dollars comes from the unfunded liabilites to the socialist labor unions in public service sector at the states and municipal levels). Government by its nature does lousy job because it has virtually no feedback loop and no knowledge of the end users affairs, so the government should be assigned ONLY tasks that Free Market cannot perform (which is foreign affairs, border protection and crime fighting, but even in those tasks government always fails, so don't let your enemy government do anything else).Whatever money government gets it embezzles it right away, and the far from the people, from the feedback loop that particular level of government is – the worse the embezzlement is. That's why the feds should get only 15% of the total taxes, the states 35% and the municipal offices remaning 50%. Right now on top of the known 14 trillion dollar government debts there are 130 trillion dollar "worth" of unfunded liabilities, especially at the state and municipal levels, and the worst situation, of course, is in the socialist states (California, Illinois and New York), because majority of these debts are to the socialist labor unions through unfunded benefits and pensions. Let the governments pay the debts, and if they can't -let them declare bancruptcy and pay a cent for each dollar. Don't let them pay from our pocket, stealing more money from our pockets in the form of the taxes!
The bureaucrats might say" The budget is not enough to pay for all the departments!", and we, the people should reply:"That's right, because we, the people, don't need 99% of you offices". We should close immediately all the federal government offices except some Pentagon, some intelligence services and some 5% of the State Department. Federal reserve does deserve to go to hell too, it's just that the public is not ready for this yet psychologically (it’s called psychological dependance– it’s like dependance on drugs). But if Bernanke before elections will starting printing money like crazy, then the public mood might change overnight enough to recognize that we, the people, would be much better off without ALL federal offices (as mentioned above– some remnants of Pentagon, intelligence and a touch of FBI are OK). Socialist “economists” basically say that if you are in trouble because of the too much debts (just like America is now), like in a crap upto you neck– the “solution” is: “Spend more, get deeper into the debts crap above your head”. Insane! The real economists (such as Hayek and von Mises and recently Prof. White, George Selgin, Steven Horwitz and Thomas Sowell) know that the Feds causes the boom-bust cycle. Without the Feds economy would develop much smoother. The ideal solution would be to return to the precious metals as money, but the problem is there is not enough gold anymore in today's huge global economy. Of course, we might think of expanding the precious metals choices– there are already palladium and platinum-made coins, and the palladium deposits in Norilsk are tremendous (the South African mines are plagued by the electricity shortages since the leftist totalitarian ANC took over the country). Less chartered waters are the return to the private banking, the privatization of the money supply, where the "decent money" would be issued by the trustworthy private enterprise with the interest rate as the main regulator of the price of the money. 100 years of the feds dictatorship have ingraved into the public opinion a fear of such reforms, but the research of the Austrian school of economy is well worth further exploration. As soon as the public will get over the instilled by the government itself and by the 96% socialist media fears of privatization, then they will learn that there is nothing a government can do better than a private enterprise. My personal amateurish preference would be the polymetal coins though, because then the money would have the value on its own merit, not requiring any external support in the form of trust (the paper money only as good as you trust the issuer. If in September, 2010 the feds will break the public trust by crazing printing as Bernanke hinted already, then the paper money will start becoming just a piece of paper).
All these enemies of the people in federal education, environmental departments and the like do is hurting our society, economy and individual freedoms. Majority of their current functions can be assumed at the school doard, community and municipality levels and at its worst at the States level. As close to the people the decision making process takes place– as better (now we know why– because the best way to regulate is a self-regulation with the tight feed-back loop). Eradicate federal offices completely, don't leave even 1% staff of these hostile entities because they will regenerate as warms in no time. In the time of continental war on the US territory annual exception can be made by 75% of the Congress vote to impose "war tax" and lifting bar to not more than 30% of the GDP (otherwise too much taxes will affect negatively the whole economy, and the slowdown will decrease chances of winning the war).
3) The Amendment must specifically PROHIBIT ANY INCOME TAX on any government's level because income tax in un-Constitutional since it makes impossible preserve your privacy: in order to collect the income tax, government must intrude into the private life and infringe individual liberties. There is simply no other way to collect even 1% of income tax without the massive government intrusion into your privacy, your work and banking records, your family and your personal life. There is absolutely no private life in America as long as the government imposes even 1% income tax. "Just say no to drugs, no to the income tax";-) The government physically can use the information obtained during collection and inforcement of the income tax laws for any purpose it wants, even if it claims otherwise: the private information about your work, income, family, bank, investment and so forth is stored in the government files forever. Government with today's income tax laws always knows where your money is, and it can decide to go after all your life savings any time it decides to change the rules. As you know, there are talks in the government now about "merger" of the inevitably failing Social Security Ponzi scheme and your private retirement accounts, which is simply a robbery under very thin disguise. Remember 1933 when "progressive" Democratic FDR's government was confiscating physical gold from Americans? Now they can decide to go for all your life savings. The government has embezzled already all the Social Security money, and when time to pay comes– our enemy government will steal your money by "merger" of the inevitably failing government SS plan with 401k and other private plans.