POLITICS: Socialism sucks

Friday, November 17, 2017

http://www.economicpolicyjournal.com/2017/11/this-is-how-socialism-and.html

MONDAY, NOVEMBER 13, 2017
This is How Socialism and Hyperinflation is Destroying Incomes in Venezuela

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Maduro confirmed last week that the government would debut a new 100,000 Bolivar bill, making it the highest denomination note released in modern Venezuelan history. The move comes less than a year after he released 500, 1000, 2000, 10,000, and 20,000 bolivar notes, although all of these notes now all have a value of well under half a dollar.

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I hope all the Bernie Sanders supporters are watching carefully at that misery there.

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POLITICAL: “(pseudo) War on (some) Drugs” — birth control

Monday, October 16, 2017

http://www.jeffjacoby.com/20409/if-you-can-pay-for-aspirin-you-can-pay-for-birth

If you can pay for aspirin, you can pay for birth control
by Jeff Jacoby
The Boston Globe
October 11, 2017

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News flash to Warren, et al.: There is no attack on health care, and no in America is being deprived of birth control. You are losing nothing but the power to force nuns to pay for your oral contraceptives. As a matter of common decency, you should be ashamed of demanding something so outrageous.

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Why do the Taxpayers have to pay for this?

Why do the Taxpayers have to pay for “(pseudo) War on (some) Drugs”?

Why do the Taxpayers have to pay for anything and everything that the politicians and bureaucrats can dream up?

Argh!

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POLITICAL: Why isn’t reducing taxes ALWAYS good for Joe and Jane Six Pack?

Friday, October 6, 2017

FROM BEHIND THE WSJ PAYWALL

https://www.wsj.com/articles/anti-growth-song-remains-the-same-1506722770?mod=djemBestOfTheWeb

OPINION  BEST OF THE WEB
Anti-Growth Song Remains the SameCriticism of the new Trump tax plan is oddly familiar.
By James Freeman — Sept. 29, 2017 6:06 p.m.

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This week the President and congressional Republicans rolled out their plan to boost economic growth by giving people and businesses greater incentives to work and invest in the United States. Specifically the plan is to lighten and simplify the tax burden on individuals and cut the federal corporate income tax rate, which when combined with state taxes now adds up to roughly twice the average rate found in Europe and Asia.

It seems straightforward that moving the U.S. rate down close to parity with the rest of the world would make the U.S. more competitive and encourage more companies to locate here. And even critics of the plan are evidently uncomfortable trying to argue that people do not respond to incentives.

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Sorry, but as a little L libertarian who has as an article of faith that “taxes are theft”, I fail to understand how anyone can argue that “higher taxes are good” or that “higher taxes do not suppress economic activity”.

Joe and Jane Six Pack NEED a booming economy where employment is easy to find and well compensated. “Human Resources” should be in high demand — more than at Starbucks, McDonalds, and drivers for the local pizzeria.

Should anyone care that the folks, who pay the taxes, are “rich”? What are they going to do with their wealth? Put it in a vault like scrooge md duck and swim in it. No, they will buy luxuries and invest it. Either way, Joe and Jane Six Pack are going to benefit from it.

Remember when Massachusetts pass a “yacht tax” or Congress passed a “boat tax”, an a lot of boat builders went on unemployment?

It’s just stupid to give money to politicians and bureaucrats, who will waste it on “programs”, when we could give it to “rich people” who will generate jobs.

So what if they live like “kings”, remember that today’s “poor” have “wealth” that the rich in the 1950’s could only dream about.

That’s the secret of capitalism — no matter how much you try, you only get rich by serving the needs of your fellow human being. 

Call it “certificates of appreciation” instead of money! You give me a hot dog from your cart , and I give you a “certificates of appreciation” in the form of money. 

Argh!

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POLITICAL: Bad idea — winner-take-all Electoral College system!

Thursday, October 5, 2017

http://www.washingtontimes.com/news/2017/sep/27/electoral-college-change-from-winner-take-all-syst/

Lawsuits aim to change winner-take-all Electoral College system by 2020 presidential race

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The votes have been counted and President Trump has moved into the White House, but the campaign to upend the Electoral College is far from over.

Lawsuits aimed at striking down the winner-take-all system and giving electors more freedom to change their votes have been in the works since Mr. Trump won the Electoral College vote but not the popular vote on Nov. 8.

The idea is not to eliminate the Electoral College, which would require a constitutional amendment, but to require states to implement a system in which electors cast ballots based on the percentage of the popular vote.“It’s crazy that our nation’s least-democratic election is the one for president,” said Lawrence Lessig, Harvard Law School professor and founder of Equal Citizens.

The group kicked off a project Sept. 14 aimed at filing lawsuits on behalf of a Republican voter in a blue state and a Democratic voter in a red state, with the goal of overturning the winner-take-all system in time for the 2020 presidential race.

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Hasn’t ANYONE realized that ANYTIME we muck with Dead Old White Guys’ Constitution we SCREW it up?

Argh!

Pick the Constitutional Amendment — other than the 21st which repealed the 18th — and study the unintended consequences.

Here’s a few to stimulate your thinking:

  • 17th — Allows the people to elect United States Senators by voting — result unfunded Federal mandates on the States.
     
  • 18th — Made it illegal to make or sell alcohol in the United States — created “organized crime”.
     
  • 19th — Gives women the right to vote — created the Progressive movement that socialized everything.
  • 22nd — Limits the number of times that a person can be elected president — created “lame duck president” that ensure an impotent executive in the last two years of the Presidency.
     
  • 26th — Lowers the legal voting age to 18, allowing 18- to 20-year-old United States citizens to vote — extends voting to the “dumbest” least-experience part of the population.
You can add or extend your own.
 
Bottom line: Constitutional Amendments have lasting Unintended Consequences!
 
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The votes have been count


POLITICAL: How to get politics out of taxation or Gooferment “theft”

Friday, September 29, 2017

2017-Oct-06

FROM THE WALL STREET JOURNAL “The 10-Point”

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Responding to yesterday’s question on the GOP tax proposals, Bob Jones of New Jersey said: “Let’s stop using the tax code to encourage certain behaviors. Get rid of all tax deductions and preferences. That means the same rate for corporate income, personal income and capital gains, and no deductions for anything, including charitable contributions, mortgage interest or solar panels. Then set the rate to balance the budget, and they’re done. Simple.” Jim Miner of Michigan commented: “Unemployment is low, inflation is low and growth is now steady and sustainable instead of the boom-and-bust cycles of the past. Exactly what problem is this tax cut supposed to fix?” And Mark Pankin of Virginia asked: “The logic behind doing away with the deduction for state and local taxes is that taxpayers in low-tax states should not subsidize those in high-tax states. Shouldn’t the same logic apply to the mortgage interest deduction? Why should taxpayers without mortgages subsidize those who have them?”

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As a little L libertarian, I believe that “taxes are theft”. Pure and simple.

In order to get to a truly free market economy I liked Bob Jones of New Jersey idea. Same rate and just balance the budget. 

Then we can move the fight to reducing the size and scope of Gooferment.

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POLITICAL: Ron Paul’s simple solution to Korea

Tuesday, September 26, 2017

https://www.lewrockwell.com/2017/09/ron-paul/how-to-end-the-korea-crisis/

How To End the Korea Crisis

By Ron Paul

Ron Paul Institute

September 26, 2017

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Here’s how to solve the seven-decade old crisis: pull all US troops out of North Korea; end all military exercises on the North Korean border; encourage direct talks between the North and South and offer to host or observe them with an international delegation including the Russians and Chinese, which are after all Korea’s neighbors.

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Seems that a most simple strategy?

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POLITICAL:


POLITICAL: Pronounced the Afghan War unwinnable

Saturday, August 5, 2017

https://www.lewrockwell.com/2017/08/eric-margolis/trump-emulate-gorbachev/

US Generals Want to Extend Our Longest War
By Eric Margolis
August 5, 2017

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Trump had better come up with a better idea.  My solution to the 17-year war:  emulate the example of the courageous Soviet leader, Mikhail Gorbachev.  He pronounced his Afghan War unwinnable, told his angry generals to shut up, and ordered the Red Army out of the war in Afghanistan.

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I voted for DJT45 with zero expectations. He was “the prettiest horse in the glue factory coral”. I’d hoped that he would make peace with the Russians, revoke all the various regulations that have the American economy tied up in knots, and prevent the Congress from doing anything more stupid than they usually do.

So far, the stalemate suits me just fine. 

I would like peace and prosperity.

Ending Afghanistan would be an EXCELLENT foreign policy.

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