Showing posts with label taxpayers. Show all posts
Showing posts with label taxpayers. Show all posts

Tuesday, October 15, 2013

THE barrier - - -

Only one thing stands in the way of the denizens of D.C. solving the problems they've caused: Math. --L. Reichard White, Tuesday, October 15, 2013 9:22 AM


Sunday, August 4, 2013

Austerity - - -

"Austerity" = "You get to spend your money instead of the government spending it for you." --L. Reichard White, Sunday, August 04, 2013 8:27 PM


Saturday, July 20, 2013

"Unfettered Capitalism" - - -

"Unfettered Capitalism" = protected from competition -- usually by "regulation" -- (and/or subsidy) by a government. Otherwise "capitalists" are seriously fettered by "we the customers." Which is why the capitalists engineer protection -- usually by regulation -- (and/or subsidies) from a government.  --L. Reichard White, Saturday, July 20, 2013 10:54 AM
P.S. This is the ultimate result of what, when applied to bank bailouts, is called "moral hazard" as businesses learn how to get governments to underwrite their operations -- using taxpayers' money. 


Monday, February 11, 2013

Tuesday, August 21, 2012

You've got the wrong idea

The idea isn't to create jobs, it's to free-up people's time so they can work less.  --L. Reichard White, Tuesday, August 21, 2012 5:42 AM


Monday, August 20, 2012

The OTHER "Trickle-down" theory

The "trickle-down" theory is that if you reduce taxes on the rich, that money will "trickle down" in the form of jobs to the less rich.  The OTHER "trickle-down" theory is that if you give that tax money to the government, it will "trickle down" to the less rich.  --L. Reichard White, Monday, August 20, 2012 3:45 AM


Thursday, June 14, 2012

With protection like this, you need kevlar

One of the main repeating themes from U.S. Senators was, "We have to protect U.S. taxpayers from bailing out the banks again." Who was it that took your tax money and handed it to the banks the first time? The Senators are going to protect us -- from themselves? --L. Reichard White, Wednesday, June 13, 2012 1:42 PMon J.P. Morgan's Jamie Dimon testimony to the U.S. Senate Banking Committee (June 13, 2012)


Wednesday, February 15, 2012

Wednesday, January 4, 2012

The REAL reason governments want you to work

Governments are so keen to get you to work because they take about half of everything you make.  --L. Reichard White, Wednesday, January 04, 2012 8:51 AM


Tuesday, August 16, 2011

What ARE they good for?

What do governments provide that can't be provided by other organizations and/or means? --L. Reichard White, Tuesday, August 16, 2011 10:04 AM


Saturday, July 30, 2011

Why do governments collect taxes??

...governments do not collect taxes to provide services, they provide services as an excuse to collect taxes. --Richard J. Maybury, "Justice," Chapter 30, page 159



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