POLITICAL: IMHO it will be the debt that drowns the USA

Sunday, August 2, 2015


Does “Creative Destruction” Include the State?
By Charles Hugh Smith
August 1, 2015

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Under the tender care of the state, we now have uncompetitive, inefficient parastic cartels dominating higher education, national defense, healthcare insurance, pharmaceuticals and hospitals– to name but a few of the major industries that are now state-enforced cartels thanks to the heavy hand of the state (i.e. regulatory capture ).

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Why can’t “empires” fail?

It has happened all through history.

IMHO it will be the debt — and unfunded liabilities —that drowns the USA. It was the failure of the USSR centralized economy that brought it down.

Only truly free markets maximizes everyone’s outcomes with a minimum of inefficiency. 

Only “capitalism” lifts the poor to a higher standard of living without conflict. (Even Bono recognized “enterprise” was better than “foreign aid”.)

It seems like Gooferment is the instrument of poverty. Look at Africa!

Look in the USA. Between the welfare “prison” and the “(pseudo) War on (some) Drugs”, the minority communities have been devastated!


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POLITICAL: HRC and politicians in general don’t know economics

Thursday, July 30, 2015


Hillary’s Inconceivably Stupid Capital-Gains Tax Scheme
By Larry Kudlow | Friday, 24 Jul 2015 09:44 PM

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So if investment is the problem, what does Hillary Clinton go out and do? She proposes jacking up the tax on investment. It’s almost inconceivably stupid. 

In her latest economic speech, Clinton proposes doubling the capital-gains tax rate on the profit made from asset sales (stocks, bonds, real estate) held a day less than one year up to two years. Right now, if you take a capital gain a day more than one year, you are taxed at a 20 percent rate. Actually, it’s 23.8 percent when you include the healthcare surtax. So under Clinton’s brilliant new play, you’d be taxed at 43.4 percent — the top individual cap-gains rate of 39.6 percent plus the 3.8 percent Obamacare surtax.

That means, instead of keeping 80 cents on the additional dollar of profit, you’d only keep 56.6 cents — a 30-percentage-point reduction in the take-home-pay reward for taking an extra dollar’s investment risk.
This will create a tall barrier to investment — what we don’t need. If you tax something more, you get less of it. 

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I rant a lot about the corporate income tax. Only real people pay taxes. Corporations are merely fictions that hide the Gooferment’s taxes from sight. 

When you try to figure out how much tax you really pay, look at a can on beans and try to guess what percentage of the price is really hidden taxes. Don’t forget all the incremental taxes along the way from the bean field to the store. Argh!

And, who owns all the capital invested in stocks and bonds — pension funds.

So, the political class is robbing the taxpayers blind. 


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POLITICAL: “extrajudicial comments about a matter pending before the court”

Wednesday, July 22, 2015


Constitutional experts call for review of Supremes’ marriage ruling
Published: 2 hours ago

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The motion said the “extrajudicial comments about a matter pending before the court violate Canon 3A(6) of the Code of Conduct for United States judges: ‘A judge should not make public comment on the merits of a matter pending or impending in any court.’”
The controversy resurfaced later, because even after being told of the appearance of a conflict of interest, Ginsburg again officiated at a same-sex wedding, as the New York Times reported.
The paper said that with “a sly look and special emphasis on the word ‘Constitution,’ Justice Ginsburg said that she was pronouncing the two men married by the powers vested in her by the Constitution of the United States.”
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Have to admit that when SCOTUS decided to hear this matter that I thought three of the Justices were biased based on their previous statements and action — Stevens, Kagan, and Ginsburg.
Unfortunately, nothing seems to matter but the “Secular Progressive” agenda.
Everything gets swept away or ignored before it.
Anyone who expects “justice” in a Gooferment “court” will be sadly disappointed. 
I gave up on the Court after the Kelo decision.
Hence my belief that “secession” is the only way to get back to a “libertarian” somewhat Constitutional Gooferment.
No man or group of men—including any group of men calling themselves “the government”—is morally entitled to initiate (that is, to start) the use of physical force, the threat of force, or any substitute for force (such as fraud) against any other man or group of men. “The Market for Liberty” Linda & Morris Tannehill (1970)
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POLITICAL: The death panels are back?

Thursday, July 16, 2015


Will Your Doctor Include Nutritional Therapy In End-Of-Life Discussions?
Medicare To Incentivize Death By Paying Doctors For End-Of-Life Talks
By Bill Sardi
July 13, 2015

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End-of-life consultations

Will your physician be recommending vitamin C, vitamin D, fish oil or vitamin B1 to your loved ones with hopeless terminal diseases?  I sincerely doubt they will.   Doctors say nutritional therapy is unproven, but it is certainly not disproven. 

Even if these nutritional therapies are of marginal benefit, they are non-toxic and inexpensive.  Even if just palliative (relieving pain or alleviating other discomfort) they would serve Medicare patients better than expensive toxic therapies.

Why is conventional medicine so reticent to conduct more convincing larger studies that employ nutritional therapy especially among terminal patients who have little or no hope? 

You can see from the evidence presented here, by not putting nutritional science into practice they are already culling the population and reducing Medicare costs by neglectful attrition.

*** end quote ***

The joke at the VA hospitals among old vets is that their doc is trying to kill them.

The joke at the Indian (Gooferment) hospital system is not to get sick in the last half of the year when they run out of funds.

Sarah Palin was excoriated for mentioning “death panels”.

But now the system is broke (by any measure — debt, deficit, or dishonest money — and they have to reach into their bag of tricks which only contains one thing — kill the old and sick.


How dumb are “We, The Sheeple”?


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POLITICAL: Modern day zombies

Wednesday, July 15, 2015


Don’t Feed the Zombies…
By Bill Bonner
Bonner & Partners
July 11, 2015

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Simpleminded Narratives

But these headline reports give you only the public stories –simpleminded narratives that even voters can understand.

The hidden story – and the real story – is that these are all clashes, battles, and skirmishes in the Great Zombie War.

On the one side: honest workers, businesses, entrepreneurs, and households.

On the other: fixers, meddlers, thieves, layabouts, and criminals.

Is it really that easy to understand?

Probably not. But it helps us put things in perspective.

Take the proposal for a higher minimum wage. The Financial Times (Britain’s equivalent of the Wall Street Journal) is usually wrong about everything. But it is right today: “Politicians cannot ‘magic up’ a national pay boost.”

From the dawn of time until the moment you read this, politicians have never added one single cent to the wealth of the world.

They can move it around. They can suppress it. They can steal it and destroy it. But if you could add wealth by legislation, they would have gotten the hang of it long ago.

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I always use the taxonomy — makers versus takers.

This introduces a new distinction to it — makers, takers, and politicians.

The “politicians” enable the “takers” to take and they get power by enabling their behavior.

How do the “makers” ever win?

It’s like having a parasite on a host. In some cases, like this one, eventually the parasites will kill the host.

I think the “makers” have to engage in peaceful non-violent non-cooperation. Oppose EVERY extension of political power over “We, The Sheeple”. REGARDLESS of how beneficial it sounds.

I’ll use the example of Obama-SCOTUS-care. It was not about “health”, “health care”, “health care insurance”, but something else! Control.

FDR’s WW2 Wage and Price Controls screwed up the “health insurance” marketplace by tying one’s health insurance to your employment. This was done with the Gooferment’s perverse tax code.

Your life insurance, car insurance, pet insurance has nothing to do with your emplyment. Hence it’s cheap and easy and competitive marketplace. 

Why is health insurance any different?

Because the Gooferment want to control the Sheeple.


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POLITICAL: Just say no to the Gooferment

Monday, July 13, 2015


Poll: Majority of Americans Support States Opting Out of Federal Programs

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A recent Rasmussen poll indicates a growing number of Americans agree with James Madison and support state refusal to cooperate with the federal government.

The first key finding was that a majority of likely voters in the U.S. believe states should have the right to opt out of federal programs.

The poll indicates that 54 percent believe states should ignore federal programs they don’t agree with. The number jumps if the program includes unfunded mandates. A full 61 percent of likely voters think states should have the right to opt out of federally mandated programs if the feds don’t help pay for them.

*** and ***

In other words, even though the Court has found Obamacare “constitutional,” states can still opt out and refuse to implement or participate in its operation.

Madison established this principle before the Constitution was even ratified. Writing in Federalist #46, the “Father of the Constitution” addressed an important question: how do Americans keep a limited federal government from acting outside of its delegate powers?

Madison wrote that the states hold the key to checking federal power through a “refusal to cooperate with officers of the Union.” Additionally, he wrote:

“Should an unwarrantable measure of the federal government be unpopular in particular States, which would seldom fail to be the case, or even a warrantable measure be so, which may sometimes be the case, the means of opposition to it are powerful and at hand.”

*** and ***

In fact, as Madison brilliantly argues in Federalist #46, the system was set up that way. The founding generation never intended to establish a monopoly government centered along the banks of the Potomac. Without the ability of states to act against unconstitutional, or even constitutional, yet unpopular acts, the federal government becomes an entity with unlimited power.

When states opt out or refuse to participate, they create effective impediments and obstructions to federal powers

*** end quote ***

So, one must work from the bottom up.

Oppose Federal actions locally.

Non-violent non-cooperation.


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POLITICAL: Kate Steinle Collateral Damage

Sunday, July 12, 2015


O’Reilly: Kate Steinle ‘Collateral Damage to Insane Far-Left Politics’
By Greg Richter   |   Tuesday, 07 Jul 2015 10:10 PM
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Katherine Steinle, the 32-year-old woman shot to death in San Francisco allegedly by an illegal immigrant, was “collateral damage to the insane far-left politics that have long corrupted the City by the Bay,” Fox News host Bill O’Reilly said Tuesday.

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Absolutely correct.

When will the mundanes aka sheeple aka low information voters wake up?

If ever.

Like MSNBC Chis O’Donnell and Rudy Giuliani recently agreed, the R’s want cheap labor and the D wan’t the votes.

So nothing will ever change, unless people get really mad.

Forget the TV and the internet, physically confront politicians, bureaucrats, and candidate demanding action.

  • Close the borders
  • Terminate visa programs with countries that send us or refuse to take back their criminals.
  • Tighten the immigration standards.
  • Cut welfare for corporations and “takers”. (Charity should be done by people who care.) 
  • Get rid of incumbent politicians.

And it better get done now!

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