RANT: A good summary of why taxes are absurd

Wednesday, April 15, 2009

200904131402.jpg

http://libertarianchristians.com/

10 Things I Hate About Taxes

#10:

#9: Taxation is Theft

#8: Living in Fear

#7: Caesar’s Benevolence

#6: Withholding Taxes

#5: Your Tax Dollars at Work

#4: Privacy and Personal Income

#3: The Truth About Government Spending

#2: Newspeak

#1: Lost Productivity

# # # # #


MONEY: Pay your taxes, serf?

Wednesday, April 15, 2009

http://www.impactlab.com/2009/03/27/watching-the-income-tax-system-implode/

March 27th, 2009 at 9:12 am

Watching The Income Tax System Implode

*** begin quote ***

Change does not happen because everyone gets together first and decides a change is going to happen. Momentum will build quickly around a single event or thought leader. When the general public senses that the end is near, an overwhelming flood of support will rapidly hasten its demise.

*** end quote ***

I think it ends when the productive class decides to produce less. They pay less tax. And, the gooferment can’t find enough to tax.

The Chinese decide that 5T$ is too much. And, the world refuses to lend more to the American “banana republic government”.

The world decides that era of the American dollar as a reserve currency is over. And, the American Empire slides into the dustbin of history.

Tax revolt?

Even if we don’t have one here, the one overseas will be much worse.

See inflation is a tax on those foreigners holding dollars.

Gold anyone?

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MONEY: Obama’s “Bailout Bonds”

Friday, April 10, 2009

http://www.lewrockwell.com/rockwell/bailout-bonds.html

Bailout Bonds?
by Llewellyn H. Rockwell, Jr.

*** begin quote ***

The Obama administration is cajoling investment companies to create bailout bonds. These would be similar to the bonds that wartime presidents created to find sucker-investors for their wars. Americans were browbeaten into buying them as a patriotic duty. So too those who say “yes, we can” to the bailouts will be asked to do their patriotic duty, and buy the debt of loser companies.

It’s all part of the war on depression, which is destined to be as successful as the war on drugs. But, hey, if it is a good investment, why not buy bailout bonds? Well, there’s a problem. The bonds represent credit extended to companies and projects that are proven market failures. Creating these bonds is a way of institutionalizing the principle of buying low and selling lower.

*** end quote ***

# – # – #

An even MORE important point is who’s going to buy ANY of the US Gooferment debt?

When the pundits say ONE or TWO Trillion Dollar Deficit, (that means they haven’t or can’t tax it to zero), there are really only TWO choices: INFLATION to monetize the debt (A fancy way to say “we’re going to screw everyone who hold dollars”; that’s why the Chinese with their 5T$ are upset. Inflation is a tax on every dollar that currently exists. How many do you have?) —-OR—- BORROW it. (The Treasury issue notes and bonds, basically IOUs, to folk who think they might get their money back with interest.

Who’s going to buy 2T$ worth of debt?

Not the unemployed. Not the “scared money”. Not the Chinese. Not the retirees who have taken a 50% haircut in the market. Not those with 401ks and IRA that have taken the same haircut or worse.

Who else has savings to loan Uncle Sam?

Watch for the interest rates to rise. See bond buyers KNOW their biggest risk is inflation. For those of us who lived thru the Carter Stagflation, we remember the Treasury couldn’t sell 15% tbills because price inflation was running 20%. History WILL repeat itself.

Gold and silver. Gold and silver.

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RANT: How do I acquire this “moral obligation”?

Thursday, April 9, 2009

http://www.worldnetdaily.com/index.php?fa=PAGE.view&pageId=93479

The moral dilemma of today’s statists
A Minority View Walter Williams
Posted: April 01, 2009

*** begin quote ***

There is neither moral justification nor constitutional authority for what amounts to legalized theft. This is not an argument against paying taxes. We all have a moral obligation to pay our share of the constitutionally mandated and enumerated functions of the federal government.

*** end quote ***

Unfortunately, I have to disagree with Professor Williams. I’m even further out on the Libertarian spectrum form him. I can refute his “moral obligation” with two words:

“Lysander Spooner”!

How is it I’m bound by what the DOWGs wrote before I was ever born?

And, that assumes that the Constitution in some way binds the gang in the District of Corruption!

Argh!

# # # # #


POLITICAL: Signs of revolution from the little people

Thursday, April 2, 2009

http://www.takimag.com/site/article/state_of_revolution/

State of Revolution
Posted by Jack Hunter on March 23, 2009
The national movement for state sovereignty

*** begin quote ***

For now, states’ rights legislation promises to remain symbolic, unless actions by the Obama administration pushes state legislatures toward more radical methods of circumventing federal power—or high profile, mainstream conservatives finally rally the troops by promoting what could potentially be the most serious right-wing resistance against the state in recent memory. Given Conservatism Inc.‘s current track record, we’re likely to see much worse from Obama before we ever get anything useful out of them. And states’ rights-minded legislators, with no support from their national party or allegedly sympathetic “conservative” media, will be left to defend themselves and their constituents as little more than hyperbolic Confederate retreads, two steps from “shooting at the Park Service guys out at Fort Sumter” and one-step from the loony bin—for even daring to question the legitimacy of the omnipotent modern state.

*** end quote ***

At some point, how does the “Third American Revolution” start?

Collapse of the dollar? Civil unrest? Non-violent non-cooperation? In the Jury Box? Tax revolt?

Or, does the slave merely set down their burden and refuse to pick it up.

Do the “rich” just throttle back on their earnings. Retire early. Or just “give up”?

# # # # #


POLITICAL: Tax revolt, anyone?

Tuesday, March 31, 2009

http://www.lewrockwell.com/roberts/roberts264.html


RANT: Why do we have “public pensions”?

Monday, March 30, 2009

http://www.nypost.com/seven/03212009/postopinion/opedcolumnists/invitation_to_a_scam_160540.htm

INVITATION TO A SCAM
HOW TO SAFEGUARD NY PENSIONS
By NICOLE GELINAS
Last updated: 2:15 am
March 21, 2009

*** begin quote ***

ATTORNEY General Andrew Cuomo has alleged vast corruption in the massive taxpayer-guaranteed state pension fund, bringing criminal charges against political consultant Hank Morris and the fund’s former chief investment officer, David Loglisci.

*** end quote ***

The more important question is WHY do we have “public pensions”?

# # # # #


RANT: Peaceful opponent are targeted for harrassment!

Wednesday, March 25, 2009

http://www.campaignforliberty.com/article.php

Peaceful Dissent and Government Witch Hunts By Anthony Gregory

*** begin quote ***

As most readers of this are probably aware, the Campaign for Liberty has been singled out, along with a few other political groups, in a leaked Missouri state government report, “The Modern Militia Movement.” The document tells state officials to be on the lookout for violent extremists while conflating them with pretty much anyone who criticizes the government. Perhaps most troubling, the information apparently comes from the Department of Homeland Security, meaning that similar documents could be circulating in states other than Missouri.

*** and ***

Now the flavor of government has changed from the Republican leviathan of George W. Bush to the Democratic leviathan of Barack Hussein Obama. A different group is vulnerable to being marginalized — in many ways a revitalization of the Clinton era atmosphere, although now with the post-9/11 concern about peace activists and all the surveillance powers inaugurated by Bush still in place.

*** and ***

The right to question the government, even from a mistaken point of view, is at the heart of America’s proud heritage. When America relinquishes this understanding, it comes to adopt the features of the supposed enemy. In the name of rooting out Communists, America became just a bit more communistic. In an effort to keep an eye on violent extremists, the government resorts to violence and extremism. All the labor agitators, Muslim sympathizers and militia groups put together can never threaten American freedom and security as much as an unleashed police state in a climate of fear.

*** end quote ***

Yes, the gooferment is like the gang that can’t shoot straight. But it’s my foot that is in the way.

I’m going to be pulled over for the Ron Paul bumper sticker? I own a gun (e.g., New Jersey has draconian gun registration laws). I own gold (i.e., I once used a credit card; never again). I blog (i.e., just Google my name). I criticize the gooferment of both parties. I “know” my rights. I support FIJA, oppose the psuedo drug war, anti-welfare, pro-immigration, “pro life”, and a “birther” to boot. Maybe I AM dangerous. Maybe I’m a terrorist.

Remember Pastor Martin Niemîller!

When will they come for YOU?

# # # # #


GOLDBUG: What is a dollar?

Tuesday, March 24, 2009

http://www.lewrockwell.com/murphy/murphy152.html

Defend the Gold Standard
by Bob Murphy

*** begin quote ***

I don’t trust central bankers to stick to a gold standard; that’s why I think the government should get out of the money industry altogether. Suppose we were starting in an initial state of pure laissez-faire in money and banking, and someone said, “Hey I know! Let’s give this Princeton professor – what was your name, sir, was it Ben? – a printing press, but be very stern that he can’t overdo it and allow the gold price to rise more than 1 percent from the day he starts. Does that sound like a good idea?” In response, I would obviously say, “No, that seems rather risky. I think we should stick to the current system, where the market determines how much new money is brought into the economy through gold production.”

*** end quote ***

We fall prey to these bozo bureaucrats when we let them mess with the money supply.

If we tie the value of a dollar to gold, then the Fed can’t just manufacture dollars out of thin air. And, congress critters can’t spend what they don’t take it.

It restores honesty to finances. It disciplines them into husbandry. It forces them to live with in OUR means.

After all in fiat currency, what is a dollar?

A toilet paper alternative?

Argh!

# # # # #


INTERESTING: Companies can move!

Tuesday, March 17, 2009

http://www.americanthinker.com/blog/2009/03/welcome_to_the_new_houston_tx.html

March 17, 2009
Welcome to the new Houston, TX … Zug, Switzerland
Larrey Anderson and Otis Glazebrook

*** begin quote ***

Where does U.S. oil money go when Obama promises to punish the oil companies for excess profits? Reuters’ Sam Cage knows:

*** end quote ***

What these socialists forget is that companies can site where ever they want. So guess what? Bye bye USA!

It’s the corporate version of a “tax revolt”. They don’t stand and fight. They run.

Unfortunately, it’s harder for real people. If I was a wee lad, I’d be off to NH with the Free State Project. http://www.freestateproject.org/ Before your “roots” harden you into the ground.

Churchill’s words echo hollow here in NJ, when do we fight? When it’s hopeless!

# # # # #


POLITICAL: Obama signs huge spending bill and uses “signing statements” too

Thursday, March 12, 2009

http://news.yahoo.com/s/ap/obama_spending

Obama backs pet projects and signs spending bill
By PHILIP ELLIOTT, Associated Press Writer Philip Elliott, Associated Press Writer – Thu Mar 12, 1:41 am ET

*** begin quote ***

WASHINGTON – President Barack Obama, sounding weary of criticism over federal earmarks, defended Congress’ pet projects Wednesday as he signed an “imperfect” $410 billion measure with thousands of examples. But he said the spending does need tighter restraint and listed guidelines to do it. Obama, accused of hypocrisy by Republicans for embracing billions of dollars of earmarks in the legislation, said they can be useful and noted that he has promised to curb, not eliminate them.

On another potentially controversial matter, the president also issued a “signing statement” with the bill, saying several of its provisions raised constitutional concerns and would be taken merely as suggestions. He has criticized President George W. Bush for often using such statements to claim the right to ignore portions of new laws, and on Monday he said his administration wouldn’t follow those issued by Bush unless authorized by the new attorney general.

White House officials have accused Bush of using the statements to get around Congress in pursuing anti-terror tactics.

Obama signed the bill in private, unlike a number of recent signings that took place with fanfare, but he raised the issue of earmarks in public remarks playing down their scope and possible harm in the measure.

{Extraneous Deleted}

*** end quote ***

So let me see, all those campaign promises were just hot air.

And, we hide away from the cameras to sign it.

And, you sheeple think things were going to “CHANGE”? All you can do is “HOPE” it gets better.

He’s a Chicago hack that said anything to get elected. He’s 100% Socialist.

We can only hope that the American Electorate wakes up in the mid-term election and returns us to gridlock.

Argh!

# # # # #


GOVEROTRAGEOUS: Cramer (a leftist) points out how O doesn’t get it!

Wednesday, March 11, 2009

http://www.mainstreet.com/article/moneyinvesting/news/cramer-takes-white-house-frank-rich-and-jon-stewart?page=6

Posted March 09, 2009
Cramer Takes on the White House, Frank Rich and Jon Stewart
By Jim Cramer

*** begin quote ***

Suddenly, bloggers, opinion people, columnists and, yes, pundits who haven’t paid attention to anything I have been saying or writing for the past 18 months are all over me. Suddenly, I find myself in the center of a firestorm over Obama’s economic policies, taking enfilading fire from the “liberal” media (from serious columnist Frank Rich to entertainer Jon Stewart) while being defended by Rush Limbaugh, the standard-bearer for the Republicans.

*** and ***

The answer lies in the way the two administrations handled criticism.

The Bush administration, I believed, simply chose to ignore my warnings, perhaps because of a brutal combination of ideology, fecklessness and complacency.

*** and ***

President Obama’s team, unlike Bush’s team, demonstrates a thinness of skin that shocks me. When I somewhat obviously and empirically judged that the populist Obama administration is exacerbating the crisis with its budget and policies, as evidenced by the incredible decline in the averages since his inauguration, I was met immediately with condescension and ridicule rather than constructive debate or even just benign dismissal.

*** and ***

The markets thought he could stop it; hence the giant relief rally when he was elected. But in fewer than 50 days of his ascendancy, the markets’ hopes were totally dashed and the averages are now forecasting the worst decline since the Great Depression. As someone who listens to what the averages are screaming, I think they are accurately predicting the future.

I welcome any serious exchange with the administration on the issues that are not beyond my ken: fixing house price depreciation, stopping the destruction of wealth as demonstrated by the stock market’s plunge, and solving the banking crisis before we nationalize every bank.

*** and ***

It’s time to get serious. It’s time to take the issue from the pundits and from the left and right, and put it where it belongs: serious non-ideological debate to put out the real firestorm, the collapse of the economy from Wall Street to Main Street and the ensuing Great Wealth Destruction for all.

But if it stays ad hominem, we will all be betrayed and the train wreck will become inevitable.

*** end quote ***

The inept politicians from both sides of the aisle have destroyed the investments of most people. And, all we get from them is “spend more” and “borrow more”.

STOP!

You’re putting future generations in a hole they will never get out of.

Let the failures go bankrupt. Tough medicine.

We are training future generations NOT to invest.

I’ve had two conversations that are noteworthy.

A young woman has pulled out of her 401k because the losses have eaten into her employer’s contribution and hers. A doctor is moving from equities to bonds and his “financial advisor” at the brokerage house thought it was a good idea (i.e., he gets a commission on trades; not results).

The Market’s P/E ratio is either in or going into the single digits. (Last time that happened the market doubled in a year!) The “natural recovery” from a downturn has already begun. See the uptick in home sales as the “affordability” measure is it’s lowest in decades.

Note to O: (1) Reinstate the uptick rule. (2) Aim the corporate beggars to the bankruptcy courts. (3) Grab your various regulators and ask them to resign. (4) Eliminate Federal guarantees of ARMs, Interest only, and any mortgage that’s not 20% down 30 year fixed “conforming”. (4) Tell the FBI anf your Federal Prosecutors you want some FRAUD convictions for all the bad paper. (5) Tell the SBA that you want a plan to stimulate small business by the end of the day.

Cut the spending, cut the debt, cut the waste.

Argh!

Like that’s ever going to happen!

# # # # #


MONEY: Inflation on the horizon!

Thursday, March 5, 2009

http://www.lewrockwell.com/buchanan/buchanan105.html

Pitchfork Time by Patrick J. Buchanan

*** end quote ***

Where the U.S. government usually consumes 21 percent of gross domestic product, this Obama budget spends 28 percent in 2009 and runs a deficit of $1.75 trillion, or 12.7 percent of GDP. That is four times the largest deficit of George W. Bush and twice as large a share of the economy as any deficit run since World War II.

Add that 28 percent of GDP spent by the U.S. government to the 12 percent spent by states, counties and cities, and government will consume 40 percent of the economy in 2009.

We are not “headed down the road to socialism.” We are there.

Since the budget was released, word has come that the U.S. economy did not shrink by 3.8 percent in the fourth quarter, but 6.2 percent. All the assumptions in Obama’s budget about growth in 2009 and 2010 need to be revised downward, and the deficits revised upward.

Look for the deficit for 2009 to cross $2 trillion.

*** end quote ***

I don’t know about anyone else, but I can’t afford the Obama budget!

# # # # #


POLITICAL: Poor Economy and the Gooferment

Wednesday, March 4, 2009

http://irisheagle.blogspot.com/2009/03/its-not-all-media-hype.html

Wednesday, March 04, 2009

It’s not all media hype

*** begin quote ***

Twice this past weekend I found myself talking to two men – separate conversations – who believe that the “economic crisis” is mostly media hype. “They’ve got to sell papers”, is what one of them told me.

I didn’t know what to say. As someone who’s fairly well convinced that we’re heading down and fast I didn’t know where to start. I simply let each of them say what they had in mind and walked on. I was shocked. I have no idea what these men do for a living, but I hope to God they’re right. I’m sure they’re wrong, but I hope they’re right.

Today the news is full of the “mini-budget” or emergency budget or whatever you want to call it coming at the end of the month. I’m sure there’s a reasonable explanation for waiting a month – having been about 4 months late realizing how bad things are – but it’s lost to me. I can’t understand why they don’t just impose the tax hikes right now. What does the state gain from such a delay?

There’s a small part of me wondering if there isn’t something bigger being planned for the economy than 2c extra on the tax rates.

*** and ***

Comment

It’s bad, there’s no denying that – but there is an element of Chicken Littleism to the media reporting, the herd pack mentality running headlong off the cliff together. The media moves its focus in shifts, and now the hot story of the moment is the sky falling; you have to sift to get the nuance and balance that goes beyond the populist trend. So yeah, I’d agree that we aren’t getting a true picture of what is going on. The media is a populist beast.

Carrie

*** end quote ***

MY RESPONSE:

Well, there is a measure of truth to the “hype” argument. If you extract the financial firms from the indexes, the numbers don’t look absolutely terrible. It’s the options and derivatives that are putting downward pressure on the market. Where everyone of the experts really “stepped in it” imho is the failure to use bankruptcy as “medicine”. If they (the gooferment) had said “Sorry, corporations can use the Chapter 11 or one of the other options.”, then there would have been some immediate pain, but it would have been over. Quick and clean. The gooferment could have properly provided the bankruptcy judge with transitional financing assistance to the debtors taking over.

Bet there would have been a lot more serious consideration of the corporation’s options. After all, hard to be an executive if there’s nothing to be an executive up. THe law and implications are well understood.

AND, the market would have formed of “carrior eaters” who would “feast” on the “bones”. A tranche of mortgages would have gotten a quick proctology exam to determine what was good and what was toxic. Various vultures would have bid on the “remains”. The results would have been well-known.

The real estate bubble would have been popped and, while traumatic, it wouldn’t be in “limbo”. That’s why the Street is reacting badly. Uncertainty.

And the gooferment acts like they could NOT find their own A Double Q in a dark closet with a flashlight. This is like the Great Depression in that the gooferment interference in the marketplace is making the problem worse.

My fear is we are going to have a gooferment induced “Lost Decade” for the next 20 years. Like Japan.

Argh!

reinkefj 03.04.09 – 11:37 am

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POLITICAL: Calling the Democratic budget and tax policy “socialistic”? Yes!

Sunday, March 1, 2009

http://pbsmonitor.blogspot.com/2009/03/bankrupt-republicans-call-obama.html

ROBERTO ANTONIO HUSSEIN
A critical look and commentary on the news as found on TV, radio and in the newspapers.

Sunday, March 1, 2009BANKRUPT REPUBLICANS CALL OBAMA DEMOCRATS “SOCIALISTS”
*** begin quote ***

Larry Kudlow, that Republican ideologue on CNBC, calls the Democratic budget and tax policy “socialistic.”

*** end quote ***

As a little L libertarian, I’m not pleased with EITHER “party”. At least the “conservatives” are closer the “truth” of freedom and liberty that the “Rockefeller Republicans” or any “Democrat”. I think that “socialism” is fair criticism from FDR onward. Probably even since 1913 and the various wars of colonizations (i.e., Spanish American and WW1). Unfortunately, we’ve lost the “American Revolutionary Dream” after the “Civil” War. Which more properly should be called the War of Northern Aggression or the Second American Revolution. Stealing the wealth of the productive class to “redistribute” it to the unproductive class is the hallmark of socialism’s promise. Like most gooferment efforts, it fails at that too. Funny how the benefits seem to accrue to the politicians, their friends, the bureaucrats, and the elite. Stuck on their way to the rest of us no doubt. National Socialism, Communism, European Socialism, Italian Fascism, or just Mercantilism. Call it what you want but it is NOT freedom and liberty. When we get back to the American Dream, we can take the plastic garbage off the Statue of Liberty and welcome everyone who want to work hard again. End welfare and all the gooferment intrusions and the people will thrive and provide. There ain’t no such thing as free lunch. No matter what politicians promise you; they can’t deliver it!

# # # # #


RANT: House Democrats propose $410B spending bill

Tuesday, February 24, 2009

http://finance.yahoo.com/news/House-Democrats-propose-410B-apf-14450221.html

House Democrats propose $410B spending bill

House bill to keep govt. running totals $410 billion, features thousands of pet projects

*** begin quote ***

WASHINGTON (AP) — House Democrats unveiled a $410 billion spending bill on Monday to keep the government running through the end of the fiscal year, setting up the second political struggle over federal funds in less than a month with Republicans.

The measure includes thousands of earmarks, the pet projects favored by lawmakers but often criticized by the public in opinion polls. There was no official total of the bill’s earmarks, which accounted for at least $3.8 billion.

*** end quote ***

Has everyone in the District of Corruption lost their mind?

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POLITICAL: Eliminate the corporate income tax

Sunday, February 22, 2009

http://www.reason.com/news/show/131556.html  

Economic Change We Can Believe In
To improve the economy, eliminate the corporate income tax
Jeffrey A. Miron | February 6, 2009

*** begin quote ***

President Barack Obama’s stimulus proposal entails an awkward tradeoff between spending and efficiency. Fiscal stimulation suggests large, rapid increases in spending, while efficiency means cautious, modest increases. Similarly, Obama’s plan favors tax cuts for low-income families, since they are most likely to spend rather than save, yet the drive for efficiency means cutting marginal tax rates on high-income consumers.

*** and ***

One policy change, however, can stimulate both the economy in the short-run and enhance efficiency in the long-run: repeal of the corporate income tax, which collects up to 35% of the difference between revenues and costs of incorporated businesses.

*** and ***

Corporate income taxation has other negatives. It requires a complicated set of rules and regulations, over and above the personal income tax system, generating compliance costs. Special interests ensure that corporate tax systems favor specific industries or activities, further distorting private investment decisions. Along those lines, corporation taxation reduces financial transparency, making it harder for investors to monitor corporate behavior.

So repeal of the corporate income tax is good policy independent of the state of the economy and would provide short-run stimulus.

*** end quote ***

Corporations don’t pay taxes; they hide them in the final price of goods sold!

Only people pay taxes!

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POLITICAL: Tax increases in a recession?

Sunday, February 22, 2009

http://www.washingtonpost.com/wp-dyn/content/article/2009/02/21/AR2009022100911_pf.html

Obama’s First Budget Seeks To Trim Deficit
Plan Would Cut War Spending, Increase Taxes on the Wealthy
By Lori Montgomery and Ceci Connolly
Washington Post Staff Writers
Sunday, February 22, 2009; A01

*** begin quote ***

President Obama is putting the finishing touches on an ambitious first budget that seeks to cut the federal deficit in half over the next four years, primarily by raising taxes on businesses and the wealthy and by slashing spending on the wars in Iraq and Afghanistan, administration officials said.

*** end quote ***

Companies don’t pay taxes; people do. So raising the corporate tax is essentially a tax increase for everyone; poor included.

Rich folks have the ability to defer income and shit it and even “coast”. Watch how revenues “fail to appear”!

Stupidity!

Ignores the lessons of Kennedy and Regan.

# # # # #


RANT: O versus L? The typical false choice.

Friday, January 30, 2009

http://www.politico.com/news/stories/0109/18194_Page2.html  

Are you with Obama or Rush?
By JONATHAN MARTIN
1/29/09 8:00 PM EST
Updated: 1/30/09 4:37 AM EST

*** begin quote ***

Politico has learned that tomorrow Americans United for Change, a liberal group, will begin airing radio ads in three states Obama won — Ohio, Pennsylvania and Nevada — with a tough question aimed at the GOP senators there: Will you side with Obama or Rush Limbaugh?

“Every Republican member of the House chose to take Rush Limbaugh’s advice,” says the narrator after playing the conservative talk radio giant’s declaration that he hopes Obama “fails.”

“Every Republican voted with Limbaugh — and against creating 4 million new American jobs. We can understand why a extreme partisan like Rush Limbaugh wants President Obama’s Jobs program to fail — but the members of Congress elected to represent the citizens in their districts? That’s another matter. Now the Obama plan goes to the Senate, and the question is: Will our Senator”—here the ad is tailored by state to name George Voinovich in Ohio, Arlen Specter in Pennsylvania, and John Ensign in Nevada—”side with Rush Limbaugh too?”

Asked to respond, Limbaugh had a message for his party.

“Senate Republicans need to understand this is not about me,” he wrote in an email. “It is about them, about intimidating them, especially after the show of unity in House. It is about the 2010 and 2012 elections. This is an opportunity for Republicans to redefine themselves after a few years of wandering aimlessly looking for a ‘brand’ and identity.”

*** and ***

Senate Republicans acknowledge that they’ll lose some of their members on the first vote.

“We’re in a little different spot than the House in that we have a handful of Republicans who have all but committed to supporting the package,” said a Senate GOP aide.

The aide declined to say who, but speculation on both sides of the aisle is centered on a group of northeasterners — Senators Susan Collins and Olympia Snowe of Maine, Sen. Judd Gregg (NH) and Specter.

*** end quote ***

Everyone should be real clear. The “stimulus” bill is not about stimulus, jobs, or benefits for the “folks”.

It’s about socialism, pork spending, and making future voters for the democratic party.

Rahm told you that a crisis is a terrible thing to waste.

We’ve been hustled before — the Bush pre-rebate, the TARP, and now this!

And, the ad offers a false choice — O versus L?

I’m with neither.

The Republican Party NOW, when it’s out of power wants to “brand” itself as the party of smaller gooferment again. Where were they for eight years? We have the TSA, deficits, and out of control spending. All caused by a President who wouldn’t veto anything.

And, O wants to remake America on the basis of he “won” an election. Hey, guess what, more folks didn’t vote than voted. So you were elected by 28% to 24%. That should tell you that your plurality is very small.

More than half the Americans know they are getting screwed no matter which “side” won.

Not that there is much difference between EITHER “side”!

In this case, I am against the “gooferment enlargement” package.

You want to restart the economy. Shrink gooferment — Nuke the TSA, Kill whole gooferment department and agencies, stop the psuedo drug war, pardon all non-violent drug offenders, and return to normal. Cut the corporate tax to ZERO forever. It’s a sham; only real people pay taxes. Corporate taxes hide how much the gooferment is stealing from us.

Argh!

# # # # #


POLITICAL: Lincoln may not have approved of O, but Lincoln wasn’t so great imho

Monday, January 19, 2009

http://www.mcclatchydc.com/338/story/59958.html

Pitts: Lincoln might not have welcomed Obama’s election

*** begin quote ***

Actually, Lincoln likely would have been appalled. How could he not? He was a 19th century white man who famously said in 1858 that “there is a physical difference between the white and black races, which . . . will forever forbid the two races living together upon terms of social and political equality.”

How do you reconcile that with all those cartoons of Lincoln congratulating Obama? You don’t. You simply recognize it for what it is: yet another illustration of how shallow our comprehension of history is, yet another instance where myth supersedes reality.

*** and ***

Of course, Lincoln freed no slaves. That’s the myth. His Emancipation Proclamation was a military measure to demoralize and destabilize the rebellious South; it covered states he did not govern but did not apply in slaveholding states that remained under his jurisdiction.

None of which is to deny or diminish the greatness of the 16th president. His greatness stands unquestioned, unquestionable. We would be a very different nation, a lesser nation, without his political genius, his dogged faith in the unsundered Union, his refusal to accept less than Union, even when haunted by reversals and setbacks that would have broken anyone else.

No, the argument is not about Lincoln’s greatness.

*** end quote ***

But, it should be!

Lincoln is up there on my list of “Worst American Presidents”.

As a corrupt Illinois politician who was in bed with more than the railroads, one has to take not of the following:

(1) The War of Northern Aggression. What you call the Civil War. What some call the Second American Revolution. The is no Constitutional, legal, or moral justification for this war. That alone would rocket him too the top of the list.

(2) Income tax to pay for that war. Government debt too.

(3) Freedom of Press savaged when editors dared to criticism him.

(4) Atrocities against civilian populations like Sherman’s “March to the Sea”.

(5) Single handedly destroying the concept of a Union of Equals amd morphing into the USA as the tyrant state.

And, don’t forget, he want to send all the “Negros” back to Africa. A racist among his other “endearing” qualities.

Those are just my uneducated points. There are much smarted folks than I who can give you “Chapter and Verse” about Lincoln.

But, don’t disturb the sheeple.

One of these days I should codify my “worst list”!

But that’s hard on the old BP.

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POLITICAL: the only real way to economically “stimulate”

Monday, January 19, 2009

http://ncc-1776.org/tle2009/tle502-20090118-02.html

Collectivism’s Last Stand
by L. Neil Smith

*** begin quote ***

Politicians must be taught, in no uncertain terms, that the only real way to economically “stimulate” the Productive Class is to stop stealing their fucking money! If the government announced a total tax amnesty, as well as a complete, permanent end to individual and corporate taxes—repealing all unconstitutional economic regulations would help, too—this depression would be over by the end of the week.

*** end quote ***

You have to admire how LNS can “turn a phrase”!

Wonder if it would take all the way to the end of the week?

“Next day” might be a better estimate.

But, we don’t have to worry. It will never occur to the congress critters!

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MONEY: Ron Paul on Obama’s “Trillion Deficits for years to come”

Friday, January 16, 2009

http://www.youtube.com/watch?v=HUQo5QQSlys&eurl=http://www.lewrockwell.com/blog/lewrw/archives/024759.html&feature=player_embedded

Guess this is the “change” we were promised?

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Politics: The Gooferment is the Problem, imho!

Monday, December 29, 2008

http://online.wsj.com/article/SB123033898448336541.html

There’s No Pain-Free Cure for Recession
Belt-tightening is required by all, including government.
By PETER SCHIFF
* OPINION * DECEMBER 27, 2008

*** begin quote ***

Governments cannot create but merely redirect. When the government spends, the money has to come from somewhere. If the government doesn’t have a surplus, then it must come from taxes. If taxes don’t go up, then it must come from increased borrowing. If lenders won’t lend, then it must come from the printing press, which is where all these bailouts are headed. But each additional dollar printed diminishes the value those already in circulation. Something cannot be effortlessly created from nothing.

*** end quote ***

When will folks recognize that GOVERNEMENT IS THE PROBLEM.

It starts from a flawed set of paradigms (i.e., perceptions) and memes (i.e., ideas).

One flawed paradigm / perception is that the “benefits bestowed” come like magic rainfall from the heavens. It’s a miracle. What we don’t see, or chose not to see, is the sausage being made. Money extracted by force (Who voluntarily pays the mob in gooferment?) to fund the “benefits”. Minus of course the huge “handling fee” to do the “extracting” and “bestowing”!

One flawed meme is that there is such a thing as “government”. In our minds, we create the Wizard of Oz illusion that there something, (or even more laughable, that we are part of something), bigger than ourselves. No, what I see are craven immoral human beings dress up in fancy clothes pretending to have power over us. To “govern” us.

In the beginnings of human civilization, there were Tyrants. Then, came Kings. Now, we have Politicians.

There are all just people. Give them no more defference than you would a street thug. Be careful they can hurt you. But, don’t kid yourself that the Politician is any different than the Mafia Don.

Keep your pitchfork and torch at hand. Their time is coming.

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POLITICAL: Gooferment bailouts mere prolong the inevitable

Wednesday, December 24, 2008

http://www.lewrockwell.com/tucker/tucker115.html

The End of the US Piano Industry by Jeffrey A. Tucker

*** begin quote ***

Today government is even more arrogant and absurd, and it actually believes that by passing legislation it can save the US car industry. It can subsidize and pay for uneconomic activities, and pay ever more every year. The government can also pay millions of people to make mud pies because mud pies are deemed to be an essential industry. You can do this, but at what cost and what could possibly be the point? Eventually, even the government will have to accord itself to the reality that economics reminds us of on a daily basis.

*** end quote ***

It’s hard to envision a sadder time in American History.

The gooferment bailing out the UAW union.

That’s what this is all about.

The unions wield enormous political power.

And, like a parasite, they eventually kill their hosts.

Look at the Teacher’s Union and education. The ports with their union. The railroads with their union. Government workers and their unions.

And, don’t make the mistake that the Union is looking out for its members.

Sure, they do from time to time, but that’s to preserve the illusion.

Example, State of New Jersey hasn’t contributed to the pension plan for several administration. It’s under funded by 3T$. Think the Union has grabbed the politicians by their privates and insisted. No, they are all in bed together.

Example, UAW hasn’t insisted that Automakers align the executive’s interest with the worker’s. It’s a scandal that a CEO makes more than the line worker in salary. CEO’s shouldn’t make more than a 1$/year anytime. Give them stock options that vest in 5 year increments (i.e., 5, 10, 15, 20, 25, 30, …). Then stand out of the way as the thinking shifts to long term value.

Example, the Delta bankruptcy screwed all the retired pilots. Hear anything about that?

Unions are an institution that needs to be reinvented.

Where’s my “union” for bloggers?

Argh!

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MONEY: H.R. 2755: Federal Reserve Board Abolition Act

Sunday, December 7, 2008

http://www.lewrockwell.com/huff/huff24.html

*** begin quote ***

You might also ask your US Representative to co-sponsor the Bill to Abolish the Fed. So far Ron Paul’s Bill has no co-sponsor. What does that tell us?

*** end quote ***

[JR: That politicians are happy with the blank check that the current system provides them? ]

http://www.govtrack.us/congress/bill.xpd?bill=h110-2755

*** begin quote ***

Federal Reserve Board Abolition Act – Abolishes the Board of Governors of the Federal Reserve System and each Federal reserve bank.

Repeals the Federal Reserve Act.

This bill is in the first step in the legislative process. Introduced bills go first to committees that deliberate, investigate, and revise them before they go to general debate. The majority of bills never make it out of committee.

*** end quote ***

Arhhh!

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RANT: Guess who will vote for a bailout?

Thursday, December 4, 2008

http://www.cbsnews.com/stories/2008/12/03/cbsnews_investigates/main4646424.shtml

Big Three Spending Millions On Lobbying
Auto Makers Drowning In Red, But Still Give Nearly 50 Million Dollars To Politicians
WASHINGTON, Dec. 3, 2008 | by Sharyl Attkisson

*** begin quote ***

The auto industry spent nearly $50 million lobbying Congress in the first nine months of this year.

And people tied to the auto industry gave another $15 million in campaign contributions, CBS News investigative correspondent Sharyl Attkisson reports.

*** end quote ***

So, the congresscritters have been bribed?

Argh!

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