Poverty is a solved problem – all they have to do is abolish taxes and regulations which cripple those intelligent, capable, and responsible men and women and destroy their productive capacity, then stand back and watch the economy boom.
— L. Neil Smith
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Quotes | Tagged: economic freedom, Economics, Quotes | 
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Posted by reinkefj
The Boston Globe
Big Brother out of control
By Jeff Jacoby
Globe Columnist / February 14, 2010
*** begin quote ***
Of course, the notion of an environmental police state terrorizing citizens for not being sufficiently “green’’ is just parody meant to be laughed at. Or is it? On its website, Audi USA earnestly describes its Green Police as “caricatures’’ created to “help’’ consumers “faced with a myriad of decisions in their quest to become more environmentally responsible citizens.’’ And what better way to “help’’ them than with scenes of ruthless Greenshirts handcuffing hot-tubbers whose water is too warm, or raiding the home of residents who threw a used battery into the wrong trash bin?
*** and ***
Nothing in the Constitution authorizes the federal government to take charge of “revamping the way American children eat and play.’’ It is only our passivity that makes such an encroachment possible. This used to be the land of the free. Is it still?
*** end quote ***
Jeff Jacoby hit the nail on the head. We are no longer free. Nor brave.
Why else do we let the gooferment propagandize children — future voters — in what they call schools?
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Leave a Comment » | Ranting | Tagged: economic freedom, freedom | Permalink
Posted by reinkefj
http://firedoglake.com/2010/02/08/palin-drives-libertarians-out-of-tea-party/
Palin Drives Libertarians out of Tea Party
By: Jane Hamsher
Monday February 8, 2010 8:00 am
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There was a lot of pushback because of the price of the Palin tickets, and many of the rank-and-file tea party activists see her as a symbol of the establishment GOP’s attempt to co-opt their nascent movement.
Palin evidently thought she could endorse Rand Paul and they’d all throw flowers at her feet. Instead they’re having a melt down over her speech, trying to figure out how to keep the neocons out of future conventions.
Rather than navigating the gulf between the tea party activists and the GOP, Palin drove a wedge between them.
Well, at least she had the good sense not to mention her Bridge to Nowhere. But you have to wonder why they invited her there in the first place.
*** end quote ***
I correctly called Palin as McCain’s VP 3 months before the decision.
I liked Palin when she made “her” speech/
I thought that she was improperly prepared for the Katie’s ambush.
I do know that the neocons are not libertarians.
I KNOW that the Tea Party people are the “new kids” on the block.
BUT, if they succumb to EITHER party then they will just put BHO44 back in the White House. They need to pick and chose who to endorse base of track records. They need to align with some of the folks that have been fighting these battles for years! They need to back those initiatives that will cut the problems down to size (i.e., Read The Bills Act; One Subject At Time; Audit the FED; Free Competition in Currency Act)/
You have to start cutting this “pig” down to size; not putting lipstick on it.
How about a law DECREASING the debt ceiling a 100M$ every year until it’s ZERO?
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Leave a Comment » | Political | Tagged: economic freedom, Economics, palin, Tax Revolt | Permalink
Posted by reinkefj
http://kudlow.nationalreview.com/post/?q=NjU0MWQ0OWQ3OTI2OTgzMmUwMGM2NTUxMGRhMDcyYzY=
Wednesday, February 03, 2010
$2 Trillion in Tax Hikes Is Good for the Economy?
Larry Kudlow
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Why not put more money into private pockets to spur growth — the free-market capitalist way? Why slam businesses, banks, and hedge funds to the tune of nearly $500 billion?
Once again, it takes liquidity from the private sector, reduces economic growth and the incentive effect, and gives money to the government.
Here’s the key point. All of these fat-cat, class-warfare, soak-the-(alleged)-rich tax-hike proposals actually reduce investment and capital formation so much so that jobs and wages will ultimately falter on Main Street. That’s what Team Obama is missing.
Taxing businesses and so-called “rich” people hurts ordinary working folks. That’s a fact. And that’s why this is a misbegotten policy. We’re not talking class warfare here; we’re talking growth. My way is the growth way. So far, the Team Obama way is a social policy on the left that has nothing to do with spurring jobs and economic growth.
*** end quote ***
Can’t drum it in to economic illiterates.
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Posted by reinkefj
http://www.wnd.com/index.php?fa=PAGE.view&pageId=123352
Obama: The era of big government is … eternal
Posted: January 28, 2010
Larry Elder is a syndicated radio talk-show host
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What about the national debt – what we owe? According to the conservative think tank Heritage Foundation: “The public national debt – $5.8 trillion as of 2008 – is projected to double by 2012 and nearly triple by 2019. Thus, America would accumulate more government debt under President Obama than under every president in American history from George Washington to George W. Bush combined.”
The Big Entitlements – Social Security, Medicare and Medicaid – remain the incredible spending faucets set on automatic growth. Neither Obama and his party nor most “fiscally conservative” Republicans offer anything resembling a way out. Meanwhile, the band plays on.
*** end quote ***
The Socialists aka Secular Progressives, will bankrupt us sooner or later.
How does the country survive?
Tax revolt by the payers.
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Posted by reinkefj
http://www.keywestlou.com/2010/02/sunday-is-supposedly-day-of-rest.html
My Life in Key West
Monday, February 1, 2010
*** begin quote ***
The article contained an observation that sticks with me. The United States has depended on the Middle East for years for its power supply, to wit: oil. That if the United States did not get into the manufacture of renewable energy quickly and in big time, our energy dependency in the future would move to the Far East. China!
And we would have replaced one less than friendly peoples for another in satisfying our energy needs.
All very interesting. Thought provoking. Part of Obama’s State of the Union speech.
Talk is one thing. Action another. Obama has to move us in the direction of manufacture and use of renewable energy dramatically. Now, not tomorrow. And everyone, Democrat and Republican alike, should support him in this endeavor. This is not a No issue.
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(1) Unfortunately for us, OBH44 is an inexperienced “talker”; not a “do-er”. We need a “leader”; not a “community organizer”. Every politician lectures us about “energy independence”. Little gets done. If we still funded the Federal Government on tariffs and duties like the Dead Old White Guys wanted us to do, then the gooferment would be a lot smaller and less intrusive. AND, we’d have energy independence. because solutions here would be cheaper than imported oil from there. Maybe we might have a car industry too, instead of having sent allt he jobs overseas. Too late, we get smart. It might be way too late.
(2) With all the secession talk, maybe Mike and Tina can do some stuff for real. When the S hits the fan, maybe we can replace the FED’s “dollar” with a Constitutional gold and silver money. The we’d be once again the envy of the world with “honest money”. Maybe then we could get working on the national debt so that we don’t condemn the children to Haiti-like poverty. Inter-generational theft will be how we are remembered as the progeny try to pay off the Chinese.
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Leave a Comment » | Political | Tagged: economic freedom, Economics, Obama, Oil | Permalink
Posted by reinkefj
http://finance.yahoo.com/news/Regulators-shut-banks-in-apf-1868747589.html?x=0&.v=2
Regulators shut down banks in 5 states
Regulators shutter banks in Calif., Fla., Ga., Minn., Wash., totaling 15 bank failures in 2010
By Marcy Gordon, AP Business Writer , On Friday January 29, 2010, 10:48 pm EST
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WASHINGTON (AP) — Regulators shut down a big bank in California on Friday, along with two banks in Georgia and one each in Florida, Minnesota and Washington. That brought to 15 the number of bank failures so far in 2010 atop the 140 shuttered last year in the punishing economic climate.
The failure of Los Angeles-based First Regional Bank, with nearly $2.2 billion in assets and $1.9 billion in deposits, is expected to cost the federal deposit insurance fund $825.5 million.
*** end quote ***
And, where, pray tell, does the FDIC get “its” money?
Yes, the taxpayer.
Either directly or indirectly.
Neither the gooferment, nor any corporation, have ANY money that doesn’t originate from a real person.
Some of the FDIC money is extracted from the banks that it “insures”, but that is extracted by the surviving banks from its customers which are, presumably, taxpayers.
Now, with the supposed “insurance” fund broke, it gets “its” money from the Treasury which means we borrow it from China!
Argh!
Hopefully, the AP writer will learn that 825.5 comes from the poor taxpayer.
And, we wonder why we are in a depression?
Economic illiteracy!
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Leave a Comment » | Ranting | Tagged: economic freedom, Economics, Tax Revolt | Permalink
Posted by reinkefj
reinkefj has left a new comment on the post “A spending freeze? Is he kidding me?”:
Amazing when the wacko left and the wacko right agree, a spending freeze is just dumb. What he needs to do is what he promised in the campaign. Sit down with the Federal budget and a red pen.
Freezing spending at current levels is just enshrining the past mistakes.
imho, for example, milk and sugar price supports. We pay money so that people have to pay higher prices?
imho, minimum wage, that puts minority youths out of work. If there is a marginal worker, he’s out as opposed to making a few bucks. And, it cost the taxpayers in all sorts of ways.
imho, military bases in 170 countries. Let have some base closings in strange places.
That’s the way to “freeze” spending.
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It merely “freezes” the increased spending of the past decade. Argh!
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Posted by reinkefj
http://www.survivalblog.com/2010/01/letter_re_hyperinflation_appea.html
Letter Re: Hyperinflation Appears Certain for the US Dollar
from SurvivalBlog.com by James Wesley, Rawles
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Katrina and Haiti are examples of either predictable events or unpredictable instantaneous events as would be a single nuclear event such as a “suitcase bomb” . Each of these has a number of things in common, but the most significant is the limited geography associated with each. The biggest difference between Hurricane Katrina and the Haitian earthquake is the lack of adjacent unaffected land. In the case of Katrina there was a place to bug out to, on foot or by vehicle, without walking into hostility, and the time to do it. In Haiti, there is no warning and no place to go unless you are a long distance swimmer, but it will be remedied and controlled. There will simply be more deaths and casualties along the way. There will be survivors and they will by and large return to the way things were before the quakes.
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Excellent observation. Geographic disaster zone where help can come from the outside … … eventually. The trick will be to survive until help arrives.
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Our society is so intertwined that any number of small subtle events can build up to and then spark these events. As with Katrina, those signs are out there. You are being warned, and just have to identify what they are and be on the outlook for them. I would compare Haiti to a localized small nuke; no warning, nothing to see coming, it just happens.
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It could be a stock market crash, droughts, government failure to renew its short term debt, political upheaval, increased taxes or something as obvious as hyperinflation caused by continued Fed intervention into the economy. It is likely that all of these things and many others, in their own small way, will collectively be the straw that breaks the camel’s back. There is no way to tell which one or ones and when it is likely to happen. History tells us that it will happen.
*** and ***
I could ramble on forever about all of these things, but consider that hyperinflation is absolutely in our future. It’s caused by the Federal Reserve Bank and our government. The only way to decrease the value of what we owe is to print more money, or go to war. Printing more money simply dilutes the value of the dollar in this country. We buy oil with those dollars, and the less they are worth, the more dollars it takes to buy it. All things in our world are directly related to oil. The more it costs, the more everything else costs. Most of our goods are imported from foreign countries. The less the dollar is worth, the more dollars it costs to buy them. As the dollar decreases in value and it takes more dollars to buy the same old necessities, your paycheck never increases proportionately, and if the company you work for fails to make a profit, you’ll be unemployed. That $2 gallon of milk may soon cost $5 or even $10 dollars. As in Zimbabwe, $1,000 or more dollars. Sometimes it can’t be had at any price. Our money today has decreased dramatically in value and purchasing power since the Federal Reserve began in 1913. If you are my age, you’ll remember 15 cent per gallon gasoline. At that time minimum wage was $1.25 per hour. I could buy 8.3 gallons of gas for every hour worked. Today, using the same comparison, I could almost buy only 3 gallons for one hour worked at today’s minimum wage. This applies to all commodities. It’s only going to get worse, much worse.
*** and ***
The government is giving away more money than we provide to it. It’s generating unbelievable debt. Taxes have to be increased. This will decrease how much money you have to buy the more expensive goods and services. Watch the M2 and M3 money funds. They are the gauge of how much money the government is borrowing. Watch the roll-over or default of the short term debt at the end of this year. Where will the money come from to pay the $2 trillion in short term debt? Why would China or anyone else loan us this money when even they can se that they will not get repaid in anything other than de-valued dollars.
You will never see the truth about any of these topics reported in the MSM, and there is a dearth of connecting the dots, even on the Internet. As you read about these things, ask yourself, “what does it really mean” and how does it link the the other current happenings. I can’t list all of the inter-related subjects that have an effect on this, but can only advise you to pay attention. If you don’t, it will sneak up on you and you won’t be ready. – Tom H.
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A very astute set of observations imho.
I’m not so sure now with the elections in VA, NJ, and MA, that disaster might be avoidable.
With gridlock on the horizon, we have a chance to allow the market to correct the economy on its own without “help” from the gooferment.
If the congress critters were serious people, they would recognize the terrible effect of the annual deficit and the national debt. Glenn Beck has been doing yeoman’s work in calling national focus to it.
I’d suggest that each year, we should have a national surcharge on income tax. I’m not for an income tax, property tax, or any kind of tax, but we have to save the ship. I’d rather be a passenger rather than Robinson Crusoe. So let’s start! Someone has to go thru the Federal Budget, line by line, a la that great movie “Dave”, and have a “fire sale”. Department of Education, out. Department of Agriculture, out. Price Supports, out. Foreign Aid, out. You get the idea. After we are pared down to the “bare bones”, it’s time to “fix” the tax code. Identify the poverty line in every zip code. Income minus the poverty amount. And, then take -steal – rob 10%. Then add 1% for the national debt. 1% for the last year’s deficit.
It would be a way back.
No deficit; no need for the surcharge. No debt; no need for a surcharge. That’s paying off the credit card.
Then, we have to look at all the unfunded mandates?
Maybe financial collapse is inevitable?
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Posted by reinkefj
http://economics.gmu.edu/wew/articles/10/Haiti%27sAvoidableDeathToll.htm
A MINORITY VIEW
BY WALTER WILLIAMS
RELEASE: WEDNESDAY, JANUARY 20, 2010
Haiti’s Avoidable Death Toll
*** begin quote ***
The way out of Haiti’s grinding poverty is not rocket science. Ranking countries according to: (1) whether they are more or less free market, (2) per capita income, and (3) ranking in International Amnesty’s human rights protection index, we would find that those nations with a larger free market sector tend also to be those with the higher income and greater human rights protections. Haitian President Rene Preval is not enthusiastic about free markets; his heroes are none other than the hemisphere’s two brutal communist tyrants: Venezuela’s Hugo Chavez and Cuba’s Fidel Castro.
*** end quote ***
We can’t fix it, but let’s keep the crooked leaders out of the USA. Persona Non Grata.
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Leave a Comment » | INTERESTING | Tagged: DISASTER, economic freedom, Economics | Permalink
Posted by reinkefj
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FJohn Reinke
Consultant at Technology Legacies LLC
Advisor, Computer Governance Committee at Manhattan College
Editor / Publisher at Jasper Jottings
Greater New York City Area
JJ Positraction JJ Endnotes Downsize DC
Philosophy of Liberty
I have NOT received any gagged governmental information requests
Reinke Faces Life 
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