Archive for the 'reference' Category



02
Jun

A Real Global Drug-Policy Breakthrough, or a Global Tax Setup?

Hard to know what to make of this sudden elite “epiphany” on the futility of criminalizing the consumption of certain disapproved substances by adults. After all, it has been articulated for years by many principled, patriotic, sane, thoughtful, credible people, notably recently by Ron Paul (to wild applause, in SOUTH CAROLINA). Is it a global tax-grab to save the world’s nations from their self-inflicted mortal financial wounds, or a reacharound to soften us up for something even worse?

09
May

Housing Crash Intensifies

Completely predictable, and predicted by ourselves and others, but a very, VERY scary development;

“It’s worse.

New data just out from Zillow, the real-estate information company, show house prices are falling at their fastest rate since the Lehman collapse. Average home prices are down 8% from a year ago, 3% over the quarter, and are falling at about 1% every month, according to Zillow.
And the percentage of homeowners in negative-equity positions — with a home worth less than its mortgage — has rocketed to 28%, a new crisis high. Zillow now predicts prices will fall about 8% this year and says it no longer expects the market to bottom before 2012.
“There’s no way we can get to flat, from these depreciation levels, in the last nine months of the year,” says Zillow economist Stan Humphries. “Demand is a lot more anemic than we had previously thought.”
09
May

Ron Paul versus Michael Gerson on Drugs

Gerson, neocon that he is, uses Ron’s principled stand for liberty and against putting people in prison against him, as though rabid criminalization were somehow evidence of “compassion”. I politely argued otherwise;

“Congressman Paul was speaking of principles, not of policy. He has stated, clearly and repeatedly that the states can and should be the locus for any (slight) conditions under which adults can consume certain (or any) substances. And he makes the point within a framework where the choice to abuse drugs, being no longer supported within a welfare state, carries high personal and economic costs, high enough to be a deterrent to most people, even if his exposition was a tad too facile. The problem with Gerson’s allegedly more “complex” conservative response to drug use, prostitution, etc is it fails to consider any of these issues other than in a sterile vacuum. For most of our history drugs were legal, widely recognized for their dangers, and their use self-limiting. The medicalization of everything in our culture and the concurrent criminalization of certain substances has effectively subsidized irresponsible, widespread, and growing use of illicit drugs, while at the same time greatly increasing overall societal costs from their use. The current course is financially unsustainable, and deadly to personal and political freedom. Kudos to Dr. Paul for having the courage to finally declare it.”

09
Feb

Academic says underwater homeowners should throw keys at bank; arson, insurance fraud on rise as defaults increase | The Coming Economic Depression 2010

There is a mortgagor interposed between the ‘owner’ and 70% of houses. Property taxes are interposed between 100% of owners and their property. The chain of ownership is in effect broken, to a greater or lesser extent, in 100% of owners and properties. So all that is left is the legal illusion of control. If they want it that bad, I say, let them have it.

Academic says underwater homeowners should throw keys at bank; arson, insurance fraud on rise as defaults increase | The Coming Economic Depression 2010.

08
Feb

Our 30-Year Mistake by Ron Paul

“We see now the folly of our interventionist foreign policy: not only has that stability fallen to pieces with the current unrest, but the years of propping up the corrupt regime in Egypt has led the people to increase their resentment of both America and Israel We are both worse off for decades of intervention into Egypt’s internal affairs. I wish I could say that we have learned our lesson and will no longer attempt to purchase – or rent – friends in the Middle East, but I am afraid that is being too optimistic. Already we see evidence that while the US historically propped up the Egyptian regime, we also provided assistance to groups opposed to the regime.

So we have lost the credibility to claim today that we support the self-determination of the Egyptian people. Our double-dealing has not endeared us to Egyptians who now seek to reclaim their independence and national dignity.

“Diplomacy” via foreign aid transfer payments only makes us less safe at home and less trusted overseas. But the overriding reality is that we simply cannot afford to continue a policy of buying friends. We face an ongoing and potentially deepening recession at home – so how can we justify to the unemployed and underemployed in the United States the incredible cost of maintaining a global empire? Moral arguments aside, we must stop sending hundreds of billions of dollars to foreign governments when our own economy is in shambles.”

via Our 30-Year Mistake by Ron Paul.

07
Feb

Who’s Afraid of a Free Society? by Thomas E. Woods, Jr.

“We know these myths by heart. Government acts on behalf of the public good. It keeps us safe. It protects us against monopolies. It provides indispensable services we could not provide for ourselves. Without it, America would be populated by illiterates, half of us would be dead from quack medicine or exploding consumer products, and the other half would lead a feudal existence under the iron fist of private firms that worked them to the bone for a dollar a week.

Thus Americans tolerate much government predation because they have bought into the myth that state intervention may be an irritant, but the alternative of a free society would be far worse. They have been conditioned to believe that despite whatever occasional corruption they may observe in politics, the government by and large has their well-being at heart. Schoolchildren in particular learn a version of history worthy of Pravda. Governments, they are convinced, abolished child labor, gave people good wages and decent working conditions; protect them from bad food, drugs, airplanes, and consumer products; have cleaned their air and water; and have done countless other things to improve their well-being. They truly cannot imagine how anyone who isn’t a stooge for industry could think differently, or how free people acting in the absence of compulsion and threats of violence – which is what government activity amounts to – might have figured out a way to solve these problems. The history of regulation is, in this fact-free version of events, a tale of righteous crusaders winning victories for the public against grasping and selfish private interests who care nothing for the common good.

But let’s suppose that the federal government has in fact been an enemy of the people’s welfare, and that the progress in our living standards has occurred quite in spite of its efforts. It pits individuals, firms, industries, regions, races, and age groups against each other in a zero-sum game of mutual plunder. It takes credit for improvements in material conditions that we in fact owe to the private sector, while refusing to accept responsibility for the countless failures and social ills to which its own programs have given rise. Rather than bringing about the “public good,” whatever that means, it governs us through a series of fiefdoms seeking bigger budgets and more power. Despite the veneer of public-interest rhetoric by which it camouflages its real nature, it is a mere parasite on productive activity and a net minus in the story of human welfare.

Now if this is a more accurate depiction of the federal government, we are likely to have a different view of the consequences of the coming fiscal collapse. So an institution that has seized our wealth, held back the rise in our standard of living, and deceived schoolchildren into honoring it as the source of all progress, will have to be cut back? What’s the catch? This is no calamity to be deplored. It is an opportunity to be seized. The primary purpose of the book, therefore, is to demonstrate that we would not only survive but even flourish in the absence of countless institutions we are routinely told we could not live without.”

via Who’s Afraid of a Free Society? by Thomas E. Woods, Jr..

Buy the book through the Amazon link on the LRC page to benefit LRC of course :o)

28
Nov

None Dare Call It Conspiracy…

…so call it “harmony of interests”. As much as liberals love to rag on George W. Bush’s intelligence (or lack therof, and I do too), no national government since the Civil War has failed to be chock-full of brilliant, talented people.

One of them, Condie Rice (I know, compliant and corrupt, but not dumb) put, on August 6, 2001, a Presidential Daily Briefing ON THE PRESIDENT’S DESK, that was headlined “Bin Laden Determined To Attack US”.

Maybe you think GW spilled his Count Chocula on it or something, but I will bet any amount that Dick Cheney was at least aware of it. So how does one handle such cognitive dissonance? How does one believe in the evil that these people committed before our very eyes, and still believe that on 9/11, they were just a bunch of clueless schmucks? It does not compute.

Pay attention to the hearings in the UK parliament – our leaders, to be undeservedly kind were extremely careful with the truth on Iraq. What else is there?

For an excellent expose on the difference between conspiracy theories on one hand, and “harmony of interests” on the other, listen to Murray Rothbard’s presentation on the Fed and the power elite;

31
Oct

Our Trade And Dollar Mess, Explained

No one ever asks WHY our trade is so out of whack. The reason these trade deficits persist is that the politicians all WANT outsourcing and trade deficits. Both parties are spendthrift criminals. To spend at the immoral levels they both want, they need to print money. The only way they can print unlimited dollars without hyperinflation is to run a massive a trade deficit and export the dollars. It is less direct than that, but that is the effect.

It comes down to money creation by the Fed, and trade policy that is lax enough to allow the massive export of dollars, period. Everything else flows from that. Low uniform tariffs prevent trade wars and retaliation. Sound money makes it unnecessary to export dollars.

27
Oct

Philadelphia wants to Outlaw Towing Competition

Sensational stories of gunplay aside, why wouldn’t we want tow truck drivers competing for business? You know you are getting ripped off, wouldn’t it be nice to be ripped off slightly less in a competitive bidding situation? As always, government is here engaged in the business of eliminating competition and creating cartels;

Philadelphia wants tow truck drivers to toe the line | WHYY News and Information | WHYY.

17
Oct

Just Give It Up Eric, Let Pot Go!

Yes, apparently Attorney General Eric Holder has no more pressing issue than to ensure that pot-smokers in California continue to be arrested at the current rate (78,000 in 2025).  How are those Wall Street and war crimes prosecutions going Eric?

UPDATE: Former surgeon general Jocelyn Elders agrees – “Legalize it!” (and TAX it of course);