Showing posts with label national debt. Show all posts
Showing posts with label national debt. Show all posts

Sunday, May 4, 2014

WHY did they DO that??




"Why did the founders include the following in the U.S. Constitution? -- "No State shall ... make any Thing but gold and silver Coin a Tender in Payment of Debts" --Article I, Section 10, Clause 1

Saturday, December 31, 2011

THE Common Enemy?

As Americans we must always remember that we all have a   common enemy, an enemy that is dangerous, powerful, and   relentless. I refer, of course, to the federal government.   --Columnist Dave Barry


Tuesday, November 22, 2011

It's not who or what you think - - -

It's The MACHINES -- the MEMETIC MACHINES It's not the power elite, it's the Machine(s) that largely exist independently of the people who run them. --L. Reichard White, Tuesday, November 22, 2011 8:27 AM
"...by the time you become the leader of a country, someone else makes all the decisions. You may find you can get away with virtual presidents, virtual prime ministers, virtual everything." --U.S. President Bill Clinton 1998
"...we had created a doom machine"


But who runs these "doom machines?" And why?
In The Constant Gardener, in particular, it was quite extraordinary to go to Basel, to get among the young pharmaceutical executives in a private way, promise them that I would never tell-divulge their names, and listen to them pouring out their rage against the work they were doing, at the people who were making them do it. But they were still taking the penny, and they were still doing what they were doing. They were still contributing to the invention of diseases. --British Novelist John le Carré, Democracy Now!, November 25, 2010
So, it's often like this - - -



"U.S. Defense Sec. McNamara: "I was part of a mechanism..."



So governments are themselves such doom machines, ones over which we have even less control than we have over corporations. If you don't like a particular corporation, stop buying and paying for "its" products. If that's not enough, organize a boycott, etc. As Sam Walton pointed out,
"There is only one boss--the customer. And he can fire everybody in the company from the chairman on down, simply by spending his money somewhere else." --Sam Walton
When there is constant inexorable FREE market competition (which, thanks to governments, we often don't have), businesses are very very sensitive to their customers.

What's the equivalent control over government doom machines?  If we don't stop financing them with our tax money, there are only things like this - - -

What can be done?


And, if that doesn't work, as U.S. PresideNT John F. Kennedy observed, "Those who make peaceful revolution impossible will make violent revolution inevitable."

RELATED:

What You Mean "We" Pale-face

UNCOMMON SENSE: Why Goliath is the Underdog #001

FREE-TRADE: The Good, The Bad, and The Ugly

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Sunday, September 25, 2011

Your choice

Who do you want guessing -- and gambling -- on what's going to happen next in the economy -- politicians and bureaucrats with your money, or businessmen with theirs? --L. Reichard White, Sunday, September 25, 2011 12:03 PM






Monday, July 25, 2011

He/she who lives by credit dies by credit:

There is no means of avoiding the final collapse of a boom brought about by credit expansion. --Ludwig von Mises, Human Action (pg 572)


Saturday, May 14, 2011

Universal epitaph

Note that Fascism (crony Capitalism) creates an internal struggle between the politicians and their contributors (businesspersons). This creates the false impression with the public that business and government are adversaries. While the specific winners and losers may change the game remains the same. The only constant losers are the outsiders, e.g., the tax payers. How ironic that the taxpayers indorse the system, decade after decade, century after century, but not the result. Those who blame business are called liberals. Those who blame big gov are called conservatives. We are getting what we deserve. Few understand the root of the problem: centralized power is not controllable, constructive, or rational. Every civilization has been destroyed by it and we are in our last decades.  --Don Duncan, May 11, 2011



Wednesday, March 23, 2011

Three BIG whys

1. Instead of "National debt" why don't they call it what it really is: "Government debt?" 

2. Why did they borrow rather than pay cash? 

3. Why should we, let alone our kids, grand kids and the yet unborn, pay it?
--L. Reichard White, Wednesday, March 23, 2011 8:52 AM


Saturday, January 29, 2011

Sunday, January 16, 2011

I reserve the right NOT to be included.

Unless I expressly and unequivocally agree to it -- in writing -- I refuse to be part of anyone elses' "aspirations," especially if that "anyone else" is a politician.  I unyieldingly reserve the right to NOT be included. --L. Reichard White, Sunday, January 16, 2011 11:09 AM


Wednesday, December 8, 2010

Taxes: THE question - - -

Taxes: The question isn't "rich" or "poor" -- it's, "Who gets the money?" The answer is "government" -- which, in the case of the U.S. government, spends 43% of it on wars, past and present. --L. Reichard White, Wednesday, December 08, 2010 10:24 AM


Sunday, November 21, 2010

Irritant?

Does it bother you at all as a "taxpayer," that you (and your kids grand kids and the yet unborn) were involuntary "investors" in GM, AIG, Goldman Sachs, CITI, J.P. Morgan, Fanny & Freddy, etc?  And that Uncle Scam now considers investing your money in failing businesses as Standard Operating Procedure? --L. Reichard White, Sunday, November 21, 2010 10:58 AM 


Friday, September 17, 2010

Alright, who REALLY peed in the pool?

It wasn't the democrats or republicans who screwed things up, it was the politicians. --L. Reichard White, Friday, September 17, 2010 8:23 AM


Saturday, July 17, 2010

What the question isn't - - -

The question isn't, "Am I a good citizen?"  The question is, "Are YOU a good government?"

Well are you, punk?
  --L. Reichard White, Saturday, July 17, 2010 11:55 AM


Friday, May 7, 2010

Friday, April 23, 2010

Radical notion Part III

At an asking price of $150 million, the most expensive house currently for sale in the world is the late Aaron Spelling's mansion. "The house has no mortgage," says his wife Candy. "My husband didn't believe in them," she explains. --Candy Spelling, CNBC, April 23, 2010, 13:26:01
THE Radical Notion: HERE.