Say Bye Bye To Your Secret Swiss Bank Account

Posted by Jason | Posted in Economics, Government | Posted on 15-06-2010


Switzerland has been the home of off shore banking for a very long time. People who want to keep their money off shore, are doing it to protect their money from the modern day mafia, the US gov’t. Well, not for long. The Obama administration has vowed to go after those who believe their money is theirs, whether it is at home or over seas.

The Swiss were not giving in until just yesterday when their parliament approved a treaty with the US that would hand over files on their clients.

ZURICH—The Swiss Parliament Tuesday approved a treaty with the U.S. that will hand thousands of files on suspected tax cheats to U.S. authorities.

A majority of 81 to 61 lawmakers in Switzerland’s lower house have voted in favor of the government-backed deal. Fifty-three lawmakers abstained on the issue that has been portrayed as a nail in the coffin for Swiss banking secrecy.

Tuesday’s vote passed after the powerful Swiss People’s Party dropped its opposition. A first attempt last week to have parliament approve the treaty was blocked when the nationalist party and the left-wing Social Democrats voted “no.”

Technical details remain to be ironed out and the proposal may still be put to the Swiss public in a referendum before it finally becomes law.

Subjecting the bill to a referendum would likely mean that Switzerland would fail to meet the August deadline set in the pact with the U.S. because of the months it takes to hold a signature drive to launch a referendum in Switzerland.

The August 2009 settlement reached between Swiss and U.S. officials aims to resolve a conflict between Switzerland and the U.S. over data on wealthy Americans suspected of using hidden offshore accounts at UBS to avoid paying taxes.

OK, now two things are going on here. Number one is that the American government is so tyrannical that they will go after your money anywhere on the face of the earth. There is no such thing as personal property. There is no such thing as doing what is best for your money. They will chase you down literally to the edge of the earth. If that isn’t tyranny, I don’t know what is.

Second, the Swiss Parliament is completely screwing their people. If they turn over the files of wealthy Americans, what reason do wealthy Americans have in the future to put their savings into Swiss banks. They don’t. What will happen is savings will dry up in Switzerland. This means less capital for Swiss lending.

When savings are built up in banks, banks, in order to make profits, lend out that money. They lend it out to businesses, who then will look to grow the economy. In this short sighted attempt to appease the US regime, the Swiss will be giving up those savings, and they will be giving up the economic growth that that savings would have stimulated. In short, they are screwing their citizens, because the US regime wants to screw it’s citizens.

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Is Our Tax System Up Side Down?

Posted by Jason | Posted in Government | Posted on 20-04-2010


Yesterday on Facebook, I asked why we let politicians steal our money to then turn around and attempt to bribe us with it with tax credits, cuts and incentives. One of my newer Facebook friends then mentioned how the federal government bribes the states as well. I responded that maybe we should only be taxed by our states. Then if the feds wanted taxes, they would have to tax the states. This would cause friction between the feds and the states again, and I may just be dreaming, but I think it would cause states to tell the feds to go pound salt when they wanted to create new federal programs.

If you are a governor or state legislator, would you not want to keep your state’s tax money in your state? You are accountable to your people, and the better your state is ran, the better your chances of getting re-elected. If the feds decide to create a new entitlement program, would it improve your state? Would your people say, “Yeah, send our hard earned money to Washington. They will handle it properly.”, or would they say, “What the hell are you sending our hard earned money into that cesspool for? You know they are going to waste it. Guess I’ll be voting for your opponent next election.”

Also, wouldn’t this give “The People” more power? Wouldn’t the people basically be able to overturn federal laws by changing their state legislators? If a bunch of candidates who say, “We are not going to send your tax money to Washington for tracking down pot heads. It’s a complete waste of money.” gets elected by the people, wouldn’t the people be better represented? The states could then basically nullifying the laws each election.

OK, I can hear some of the concerns now. “Yes, but wouldn’t you just then have state legislators doing the same things as federal legislators, stealing your tax money and then bribing you with it?” The answer is yes. Here’s the catch though. With states, they have to be competitive. If one state taxes too much and promises too many programs, they’d become uncompetitive. Businesses and people would move to a more competitive state. This would force states into restraining themselves. Competition is the key, and there is no competition with the federal government.

“Yeah, yeah, but what about those states who don’t have a lot of tax payers?” Well, then they’d have to be really restrained. They’d probably be a great draw to people who want less government all around. While not completely government free, they’d be about as close as you could get, and that would entice many people. Also, if there aren’t a lot of tax payers there, then why should other tax payers have to subsidize them? If they want to live there, then let them pay to live there. Other citizens should not have a gun stuck to their head and robbed to pay for some other states government when they chose to live in a more populated state.

“What about federal laws? They would become meaningless, because states could nullify them so easily.” OK, I’m waiting for the negative consequence. This sounds great to me. This would keep the federal government down to the size it should be. It would only have the power that is specifically granted and approved by the states. For example, most states want military defense, so I’m sure they would all be willing to contribute. On the other hand though, would states have paid for our empire around the world? Would they have funded the war in Iraq? Chances are they would have not. The people would not want to waste their money, which they would have much more control over under a tax system like this. They also would not allow the federal government to steal their money to hand it off to other countries as bribes…I mean AID. I’m not saying AID would be non-existent. Maybe you have a state with a large Latino population, and they would like some of their money contributed to AID in Latin America. The beauty is the entire country is not compelled to do it. The entire country is not compelled into sending money to countries where their interests are not being represented.

Lastly, this would help both conservatives and liberals get what they want. Conservatives can migrate easily to small government, low tax states, while liberals can move to high tax, socialized states. The great thing about it is socialism could collapse on it’s own. A state that became heavily socialized would have to bear it’s own burden, and if it’s as great as the liberals tell us, then people will voluntarily move there. They would choose to live under socialism, but it could not force the productive parts of the country to subsidize it’s ideology.

I’m sure other people have contemplated this idea and have had much better dialog on it than I. It would be great to hear other people’s opinions, both pro and con. Let me know your thoughts in the comment section.

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Government Pensions, A Disaster In The Making

Posted by Jason | Posted in Government | Posted on 20-04-2010


From my local paper comes even more proof of government’s complete incompetence. Why anyone trusts government is beyond me.

Pennsylvania hasn’t paid the annual recommended amount to its school and state employee pension funds in years, and won’t for at least another decade if lawmakers adopt a budget proposal designed to spread costs into the future.

The state is not alone with that tactic.

As 2009 pension reports trickle in, it appears cities, states and schools across the country are cutting back on pension fund contributions in order to shift money to budget needs. Of 71 funds that reported 2009 contributions in the Boston College report, about 40 percent of them met their recommended contributions.

The annual recommended contribution is the yearly amount required to cover administrative costs, the cost of benefits employees earned in a given year and the cost of paying off any unfunded liabilities. Typically, employees and employers — in this case the state, city or school district — each pay a portion of the tab.

“It was easy to cover this stuff up. Nobody is going to look at something like this in good times because it is so easy to cover it up. … That’s why (governments) went ahead and increased benefits, saying the stock market would cover it and it wouldn’t cost anything. I knew a day of reckoning was coming,” Dean said.

Easy to cover up? Are people catching on that government is a fraud? If the private sector did this, they’d be hauled before congress and used as a public sacrifice to the Capitalism Is Evil gods.

Although many states and municipalities adjusted benefits for new employees, courts have ruled they must meet their obligations to retirees and active employees.

“Now when someone asks about pension problems, I tell people you better check city hall, because they may be selling your child’s soccer field to pay for pensions,” Dean said.

Pennsylvania increased benefits for state and school employees and lawmakers in 2001, added a cost-of-living raise for retirees in 2002, and then reduced contributions to the funds and spread costs out over a decade to soften the blow of market declines.

Don’t worry. I’m sure the intelligentsia can figure this out.

Munnell said researchers could offer no easy solutions.

“We don’t have anything brilliant to say. There is little in the way of public options to fix this quickly,” she said.

Uh oh!


While the rest of us are cutting back, struggling just to get by, and many of us haven’t been able to afford contributing to our retirements, the government just keeps spending. They keep making more and more promises to government workers, who produce absolutely nothing. Of course, guess who has to backup those promises? It’s not the slimy politician or bureaucrat. It will be us, the tax payer. We will have to work extra weeks of unpaid labor just to hand over to the government, like slaves trying to increase their masters wealth.

Why do government workers even get pensions? Who in the private sector gets pensions anymore? The private sector has moved away from the pension system because it’s  unsustainable. Of course, the morons in government don’t care about that. This is just another example of government not doing what’s best in the long term like private businesses do. This is why government should be extremely small, and private businesses should handle the services we want as consumers. The privates sector has moved toward 401k, IRAs, etc. These are self managed by employees and do not require long term commitments by employers. Not with government though. Government workers retire young with huge benefit packages. They didn’t produce anything while they are working, and now they get to sail off into a tax payer funded sunset.

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Say Goodbye To Internet Freedom

Posted by Jason | Posted in Technology | Posted on 05-03-2010


More and more government seems to be moving in on the freedom we have on the internet. Obama is pushing net neutraliy as a way to protect us from the evils of the companies who have already brought us ever increasing broadband and services. The FTC has begun cracking down on bloggers saying they have to disclose their relationships before blogging about a product. Police want warrantless access to your online data.

Now, the government is going to claim they need to protect us from internet attacks which have been around since the beginning of the internet. Oh no worries though, Microsoft, a company who’s having problems keeping up in the online arena, is backing the government.

A top Microsoft executive on Tuesday suggested a broad Internet tax to help defray the costs associated with computer security breaches and vast Internet attacks, according to reports. Speaking at a security conference in San Francisco, Microsoft Vice President for Trustworthy Computing Scott Charney pitched the Web usage fee as one way to subsidize efforts to combat emerging cyber threats — a costly venture, he said, but one that had vast community benefits.”You could say it’s a public safety issue and do it with general taxation,” Charney noted.

via Microsoft exec pitches Internet usage tax to pay for cybersecurity – The Hill’s Hillicon Valley.

Ok, I’ve always stuck up for Microsoft as far as monopoly claims go, but now I see why everyone hates them. Here is a company, who’s founder has more wealth than many countries, and they are saying the public should have more money stolen from them to “defray the costs associated with computer security breaches”, which are probably made possible by the crappy software they write. Maybe we’d all be better off if we got Apples.

The public should not have to defray the cost for corporate America. Businesses should consider security as cost of business, which they have up until now. The customer ultimately pays, but they are the ones benefitting from security measures. If my bank puts in security software and hires security professionals, am I not the one benefiting? Why should the guy down the street defray my bank’s cost to which he is not a customer?

So what happens once the government taxes the internet and internet security becomes a public good? Well, what happens with everything the government gets involved it. It basically turns to garbage (keeping it clean here). Innovation is stifled. Costs skyrocket.

It is not hard to see what’s coming. The writing is on the wall. Governments absolutely hate freedom. If they see people having too much freedom, they must get worried that the people are consipring against their power. So they do whatever they can to insert themselves into this freedomfest to make sure the people don’t realize that “Hey, this freedom thing works without the government. What if the rest of our lives were like this? ”

But, as I said, the writing is on the wall.

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Time For The Middle Class To Eat The Cost of Government

Posted by Jason | Posted in Economics, Government | Posted on 19-02-2010


When Democrats want welfare programs and Republicans want wars, ultimately the bill comes due. When asked how they are going to pay for them, they always default to their standard line, “We’re going to tax the rich.” Well, the rich are not that stupid to pay for other people’s free lunch. How do they avoid paying? Well, let’s look at how we are going to pay off the debt we have accumulated with all the government spending.

As the White House tried one more time Thursday to galvanize support from a recalcitrant Congress for a deficit commission to tackle the nation’s dangerously bloated debt, fears are growing that the United States will once again resort to printing money and ginning up inflation to resolve its debt problem.

While accelerating the printing presses could do irreversible damage to the dollar’s international reputation and the U.S. economy, history suggests that this is the way Washington will go to avoid the political pain of having to raise taxes and cut spending on popular programs such as Social Security, defense and Medicare.

Some notable economists argue that such a move would avert a debt crisis like the one confronting Greece and other European countries that have been unable to reduce spending because of strong public resistance.

Political leaders and the Federal Reserve, which is charged with printing and circulating U.S. dollars, strenuously deny that they have any intent to “inflate” out of the debt.

Nevertheless, a sign emerged this week that the prospect is increasingly becoming an issue in internal Fed deliberations.

The Fed’s most strident inflation fighter, Thomas Hoenig, president of the Fed’s Kansas City reserve bank, warned on Tuesday that “short-term political pressures” are prompting Congress to take a risky gamble by continuing to borrow at unsustainable rates rather than address the deficit problem and he expects political leaders to be “knocking at the Fed’s door” to demand that it print money to pay for the debt.

This path “inevitably leads to financial crisis,” Mr. Hoenig said, while the inflation it would spawn would threaten American living standards and destroy the independence and credibility of the Fed, whose most important job is to prevent inflation.

That’s right. How do you rob the middle class without most of them knowing you are taxing them to pay for government? You devalue the money they have. Think this isn’t a tax on the middle class? Well, prices will effect he poor as well, but they get inflation adjusted government benefits anyway. How about the rich? Well, the rich own assets, which go up with inflation. Rich people aren’t sitting around swimming through their devaluing dollars like Scrooge McDuck. They own real estate, businesses, etc. Real estate prices go up with inflation. Businesses will charge more for their products and services, so their value will go up with inflation. Now, how about the middle class? The middle class will be the ones paying this tax. Their pay will not adjust before prices increase, so their pay will be eroded and they will afford less goods and services.

Keynesians, the ruling economists of our government, believes that in a recession wages will not decrease enough to help with improving the economy. They believe this to be the case, because workers are unwilling to take less pay. I can tell you from real world experience this is not the case. Many workers have taken one or more pay cuts in our current recession to help their companies and to remain employed. The Keynesians though argue that because workers won’t take pay cuts, you must lower their pay without them knowing it. How do they do it? They devalue their pay with inflation. Just more of the government trying to manipulate the economy at our expense.

But despite some resistance and wariness at the Fed, a growing number of Wall Street gurus expect the U.S. to adopt at least an unofficial policy of growing or “inflating” out of the debt in light of Congress’ unwillingness to tackle budget deficits running at more than $1 trillion for the foreseeable future.

“Inflation was the largest factor behind debt reduction” after World War II, he said. “Growth was the second-largest factor,” with Congress making only a small contribution through modest budget restraint. The behind-the-scenes role of the Federal Reserve in accommodating faster growth and inflation through faster money creation was critical, he added

I guess this is supposed to be an example of us doing this in the past, so you should just say, “Oh, OK. If it worked then, then I guess we can do it now.” This is a horrible example though. One, we went into debt to fight the largest war the world has ever known. Currently our debt is largely frivolous spending, with more spending in the pipeline. Second, we had tremendous growth after the horrible policies of FDR were removed from the economy after the war. Imagine how fast you would be able to run, after throwing another person off your back. That is what happened to the economy. The rationing and price controls implemented during the new deal and the war, shackled the economy. When they were removed, the economy boomed. Do you see that happening now? Of course not, it will take much more inflation than it did after the war.

“The independence of the Fed is extraordinarily important. If the Congress or the administration were to begin to interfere with our monetary policy decisions, then the markets would say, wait a minute, there’s going to be more inflation because of political reasons, more inflation because the government wants the Fed to spend money in order to pay for the deficit.”

Independent my ass. The Fed was created by the congress, which means ultimately the congress can pressure them to do what they like. Watch Bernanke testify before congress, and see how often he mentions what congress tasked the Fed to do. The congress could easily change what they task them to do. There is no such thing as independence when one party has a gun.

But some analysts say the Fed undermined its own case last year by instituting programs that had the effect of helping to underwrite the Treasury’s debts.

The Fed printed money to purchase $200 billion of Treasury bonds last year in an effort to keep interest rates low and nurture an economic recovery. The rationale was that interest rates paid by consumers and businesses are linked to Treasury rates. But Fed officials ended the program in the fall, partly out of concern that it gave the appearance that the central bank was printing money to help underwrite the national debt.

Some respected economists have openly advocated an inflation strategy for reducing the debt. Kenneth Rogoff, a former chief economist at the International Monetary Fund, has suggested a 4 percent to 6 percent inflation target for the Fed to help deal with the debt.

via Induced inflation feared as way to cut debt – Washington Times.

How many people have are getting 4 to 6 percent raises every year just to keep their same purchasing power. Of course, what this number really is is disputable. The Fed uses the Core CPI with energy, food, and housing excluded. It just so happens those are the areas where most of your money goes.

“What? No, No, there’s no inflation here. Look! The CPI says so. Nothing here to see. Get back to work. You’ll need to get some extra hours in.”

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Getting Your House in Order as the Government Destroys It

Posted by Jason | Posted in Government | Posted on 06-02-2010


We are trying to recover from a debt driven bubble, and Americans are cleaning up their personal debt. The problem is the government is borrowing 700% more than people are paying off. Makes you wonder why you should even get your house in order, when the government is mortgaging our futures away.

For every dollar in debt that Americans have paid off since they started cleansing their balance sheets in mid-2008, the U.S. government has borrowed more than $7. All the hard work by consumers to replenish their piggy banks may be for naught if big government budget deficits play havoc with the economy.

Last week’s federal budget didn’t provide much solace. The Obama administration projected that the federal debt could double over the next decade, prompting Moody’s Investors Service to warn that the pristine AAA credit rating of the U.S. “could come under downward pressure.”

Investors need to account for the burgeoning federal budget deficit as they save for retirement, college tuition or homes. Uncle Sam’s borrowing binge could set off a surge in inflation and push down the dollar, both of which would erode the value of savings. It could also push interest rates higher, hammering the value of the more than $1 trillion in Treasury bonds owned by households directly or through mutual funds. Income taxes, already set to rise, might have to climb further to help close the government’s budget gap.

The result could be what Laurence Siegel, director of the Research Foundation of the CFA Institute, calls a “triple whammy” of weak economic growth, higher inflation and higher tax bills. Inflation itself is a kind of tax; by driving up prices of assets like stocks and real estate, it triggers bigger capital-gains tax bills even when the assets barely keep pace with the higher cost of living.

via Protecting Yourself From the Giant New Deficit –

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Man(government) Made Unemployment

Posted by Jason | Posted in Economics | Posted on 30-01-2010


I found this article by Llewellyn H. Rockwell, Jr. by way of the EconomicPolicyJournal. It explains that our unemployment issues are not just a matter of animal spirits. It comes from government intervention in the free decisions of employers and those looking for jobs.

All this talk of unemployment is preposterous. Think of it. We live in a world with lots of imperfections, things that need to be done. It has always been so and always will be so. That means that there is work to be done, and therefore, always jobs. The problem of unemployment is a problem of disconnect between those who would work and those who would hire.

What is the disconnect? It comes down to affordability. Businesses right now can’t afford to hire new workers. They keep letting them go. Therefore, unemployment is high, in the double-digits, approaching 17% or more. Among black men, it is 25%. Among youth, it is 30% or higher. And the problem is spreading and will continue to spread so long as there are barriers to deal-making between hirers and workers.

Again, it is not a lack of work to be done. It is too expensive to pay for the work to be done. So ask yourself, what are those things that prevent deals from being made?

Let me list a few barriers:

  • The high minimum wage that knocks out the first several rungs from the bottom of the ladder;
  • The high payroll tax that robs employees and employers of resources;
  • The laws that threaten firms with lawsuits should the employee be fired;
  • The laws that established myriad conditions for hiring beyond the market-based condition that matters: can he or she get the job done?;
  • The unemployment subsidy in the form of phony insurance that pays people not to work;
  • The high cost of business start-ups in the form of taxes and mandates;
  • The mandated benefits that employers are forced to cough up for every new employee under certain conditions;
  • The withholding tax that prevents employers and employees from making their own deals;
  • The age restrictions that treat everyone under the age of 16 as useless;
  • The social security and income taxes that together devour nearly half of contract income;
  • The labor union laws that permit thugs to loot a firm and keep out workers who would love a chance to offer their wares for less.

Now, that’s just a few of the interventions. But if they were eliminated today, and it would only take one act of Congress to do so, the unemployment rate would collapse very quickly. Everyone who wanted a job would get one.

Read the Full Article at

Definitely click on the full article above. The rest of the article is as good as what’s above.

Think about it just on a very small scale. You don’t even have to take it to the extent of long term employment. Imagine if you are cutting your lawn. You look over, and you see your neighbor is replacing his roof. You yell over “Hey Jim. What are you doing home today?” He replies, “I got laid off last week.” You, “I didn’t know you knew how to replace a roof. Where does a computer engineer learn how to work on roofs?’ Jim replies, “I used to work on roofs during summers while in school. Speaking of, it looks like your roof is about due.” You, “Yeah, I’ve been meaning to get it done, but since they cut back my hours I haven’t been able to afford it. I can’t believe how much they charge for roofing.” Jim, “Yeah, there is a lot of money in roofing. I’d probably be better off it I stuck with roofing instead of computers. It’s been a bumpy ride.” You, “Jim, maybe we can help each other. Since I can’t afford to hire a roofing company, and you just got laid off, maybe I could hire you to do my roof. What do you say?” Jim, “Sorry bud. Have you seen all the laws and regulations in the construction trade now. You need a contractor’s license. You have to buy all kinds of special equipment for OSHA. Trying to meet all those requirements for one job would make me more expensive than the guys you already can’t afford. It’s almost like they errected these barriers to prevent competition from guys like me.” You, “Well maybe no one needs to know. It’s not like we’re selling crack here. Maybe we just say you are helping me with my roof, and no one needs to know I’m paying you.” Jim, “Six months ago, I would have done that, but I personally know a guy who almost went to jail because he paid people cash to work on his house. The IRS, damn gustapo, and the problem is you’d have to pay me cash if no one was going to know about it. It’s not worth the risk. I’ll just keep collecting my unemployment check, and hopefully I’ll find another job.”

So here you are. You need work done, which  you can’t afford because your hours have been cut back. Your neighbor needs work, but the two of you can’t come to an agreement because the tyrannical government we have puts a road block between every avenue of negotiation you attempt. Still think this is a Free Market?

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Health Care Nullification

Posted by Jason | Posted in Government, Health Care | Posted on 29-12-2009


Here’s a great post I found by way of The Daily Paul.

For the past few days, I’ve received loads of emails urging me to get active regarding the healthcare vote – most of which had a subject line similar to: “Last Chance to Stop National Healthcare!”

Well, if you believe the only way to protect your rights is by begging federal politicians to do what you want, then these emails are certainly right. The vote went as expected, and so will the next.

So if you think marching on D.C. or calling your Representatives, or threating to “throw the bums out” in 2010 or 2012 or 20-whatever, is going to further the cause of the Constitution and your liberty – you might as well get your shackles on now. Your last chance has come and gone.

But, those of you who visit this site regularly already know that the Senate’s health care vote is far from the end of things – and you also know that even when it goes into effect (which I assume some version will), it’s still not the end of the road for your freedom.

The real way to resist DC is not by begging politicians and judges in Washington to allow us to exercise our rights…it’s to exercise our rights whether they want to give us “permission” to or not.

Nullification – state-level resistance to unconstitutional federal laws – is the way forward.

When a state ‘nullifies’ a federal law, it is proclaiming that the law in question is void and inoperative, or ‘non-effective,’ within the boundaries of that state; or, in other words, not a law as far as that state is concerned.

It’s peaceful, effective, and has a long history in the American tradition. It’s been invoked in support of free speech, in opposition to war and fugitive slave laws, and more. Read more on this history here.

Regarding nullification and health care, there’s already a growing movement right now. Led by Arizona, voters in a number of states may get a chance to approve State Constitutional Amendments in 2010 that would effectively ban national health care in their states. Our sources here at the Tenth Amendment Center indicate to us that we should expect to see 20-25 states consider such legislation in 2010.

20 States resisting DC can do what calling, marching, yelling, faxing, and emailing has almost never done. Stop the feds dead in their tracks.

For example, 13 states are already defying federal marijuana prohibition, and the federal government is having such a hard time dealing with it that the Obama administration recently announced that they would no longer prioritize enforcement in states that have medical marijuana laws.

Better yet, in the last 2+ years more than 20 states have been able to effectively prevent the Real ID Act of 2005 from being implemented. How did they do that? They passed laws and resolutions refusing to comply with it. And today, it’s effectively null and void without ever being repealed by Congress or challenged in court.

While the Obama administration would like to revive it under a different name, the reality is still there – with massive state-level resistance, the federal government can be pushed back inside its constitutional box. Issue by issue, law by law, the best way to change the federal government is by resisting it on a state level.

That’s nullification at work.

Over the years, wise men and women warned us that the Constitution would never enforce itself. The time is long overdue for people to start recognizing this fact, and bring that enforcement closer to home.

The bottom line? If you want to make real change; if you want to really do something for liberty and for the Constitution…focus on local activism and your state governments.

Thomas Jefferson would be proud!

via Health Care Nullification: Things have just gotten underway | Tenth Amendment Center.

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Senate Passes Health-Care Bill

Posted by Jason | Posted in Health Care | Posted on 24-12-2009


Merry Christmas America. How do you like being raped and pillaged for Christmas? Our government, once this is signed into law, has cut the final string to it’s founding principle of protecting individual rights. No longer are we individuals. We are now part of the “public”. Anything thing that can be construed as harmful to the “public health” will used against the individual. We are all only one NIH study away from losing any right the government chooses to take away. Guns are first.

The Senate approved sweeping health-overhaul legislation on Thursday, a landmark moment for White House-led efforts to expand insurance coverage to more than 30 million Americans.

via Senate Passes Sweeping Health-Care Bill –

Just as a reminder this bill does nothing to fix the problems as I explained in my post on root causes.

Might be good to re-read my posts on real free market solutions.

Part 1

Part 2

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Police Officer Responds To “Six-Figure Federal Salary Gravy Train” Post

Posted by Jason | Posted in Government | Posted on 21-12-2009


Wow, stumbled across this blog post this morning on Mish’s Global Economic Trend Analysis. It’s obvious we are becoming a society dominated by the state. You cannot have government employees making twice as much as the private sector. The incentive becomes working for the government, and not building our economy from the private sector, the sector that actually produces something. Also, with that comes the incentive to grow the state and to defend that state at all costs. When the state comes calling for the highly paid government workers to put down any civil unrest with the general population, the government employees will no doubt try to earn their pay. Anyway, here is a letter to Mish about the absurdity of his salary.

Hello Mish.

I read your article about the salaries of government workers compared with the private sector. I am a police officer. I won’t say where, let’s just say it’s one of the most expensive cities.

I am 29 years old and I make about $130k a year with overtime. Most of the officers make this and some even make $185k a year. A few supervisors in Internal Affairs have made of $200k along with detective sergeants.

To be honest, I think our salaries are totally out of touch with not only the private sector, but with America. It’s absolutely ridiculous. When I became a police officer we were all making way below what private sector employees made. I took the job knowing I will never be rich but knowing I will have a stable job with benefits.

Little did I know my union would secure very good contracts at the expense of pillaging the public. This cannot go on. I have studied and read Robert Prechter’s Conquer The Crash book and how he (and you also) say we will have a deflationary collapse. I agree totally.

I’m just paying off debt while the going is good and have put most of my money in gold (at $800 an ounce). I’ll probably sell that gold soon because it’s getting popular in the media and on the radio. So yes, I just wanted to let you know that these govt/federal/state jobs are ridiculous. I know because I have one. 90% of the workers sit around and work for about 2 hours throughout the day and get paid 6 figure salaries. They have full benefits and pensions, 6 week vacation plans, and sick days galore.

It’s gotten to the point where the private sector cannot compete because these senators keep bringing home the pork for these bloated corporations with unions. The small business man can never compete. This is socialism at its worst that has crept into America over the past quarter century.

via Mish’s Global Economic Trend Analysis: Police Officer Responds To “Six-Figure Federal Salary Gravy Train” Post.

There are only a few ways that all this absurdity is going to end. All of them are bad. Time to prepare for TEOTWAWKI.

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