No, actually you are the idiot. Jefferson and the rest provided taxation powers to their new republic and these are the only taxes that are in the law: direct capitation and excise taxes. They built roads and had military long before the IRS and the fed existed, you dumbass.
Ha, talk about ignorance, this one is based on Marxism no less. Stage four Marxism. You dumbass, Chinese are freer today than under Mao by an infinite amount, they can now control their own lives, not be victims of ideologues like you.
Concentration of private wealth is the main economic engine and it does not prevent everybody else from having higher standard of living, it generates higher standard of living, which is how wealth is created in the first place - by production of higher standard of living for the people around.
Incidentally concentration of power in the hands of governments always, without ant exception leads to tyranny and falling standard of living. These same Chinese knew this trivial fact 5000 years ago, when a king of theirs said: many rules make poor people, few rules make prosperous people.
The only problem of capitalism is it creates envy and envy drives collectivism to destroy capitalism by mob rule, then you have a period of darkness (like the Chinese had until they came to their senses), but eventually people want to breath freedom again. Anyway, with you all of this is a waste.
You are the concentrated stupid. You are a failure, capitalism in the USA is victim of the failures like yourself. You want to impose collectivist ideology onto the free market and then call the resulting economic collapse a 'failure of capitalism'. Putting a bullet into a persons head does not mean the person failed to be a success until the murderer showed up.
Again, when you have a country that consumes 500,000,000,000 more than it produces the problem is clearly not lack of the want, they are consuming more than producing goddamnit, which part of that you don't get? They are not producing to pay for the consumption, they want the widgets, they are incapable to produce to pay for them, so they 'pay' with the printing press. USA cannot produce to pay for what it consumes from China and the rest of the world today and for the past 40 years and you are saying: they lack demand? No, they lack money and money is made by producing stuff. They lack production that pays salaries to pay for their consumption, so they export bonds to import TVs and seafood and everything.
The Swiss have treasury with over 630,000 francs of surplus per person living in the country. That is even more in Euro. They could literally give every person in the country over half a million Euro and still have a huge surplus. If they manage to keep the collectivists away from the money, they could stop collecting federal income taxes for 10 years straight. Comparing the Swiss and the Greeks is like comparing a pile of gold to a pile of dust.
Wrong. The base mechanism for individual freedom was systematically destroyed for the last 107 years, since Sherman Act destroyed property rights in the USA. Since then the money has been corrupted by the Fed, property stolen via the IRS, the government turned free people into slaves while the mob was cheering for more theft and redistribution. Which part of it is capitalism? The one that paid for this theft.
Capitalism is turning China into the most powerful county on this planet and collectivism destroyed America and also most of Europe, starting with Greece.
Consumption always comes after production. Consumption is a trivial consequence of production. Consumption is down in the USA because production is not happening there. Americans are consuming 500,000,000,000 USD a year more than they are producing (trade deficit for decades has been ignored of-course). Chinese are producing, so now they are consuming more and Americans are building their version of communism, so they will starve
If this, if that. I started my own business by spending my own savings to build my products. You work, you save rather than enjoy all the consumption and you start your business. You can also borrow. Of course the government including the Fed made saving if not 100% impossible then at least 99% so, thus it is hard, but nobody said it would be easy. Those who say they would do something if the stars aligned their way rather than doing it are full of crap.
Communism almost never seems to be voluntary. You want to set up a kibbutz? Go ahead, enjoy your communism. But that is not what we had in the former USSR. We had authoritarian collectivism, we never had a choice. I would never volunteer for any form of collectivism. I do not want to be in a position where my life belonged to any collective. I don't want to be part of any communist, socialist, fascist system. I want to work and find a way to build my own capital, my own means of production, my own income generating property. I have zero interest in any collectivist system whatsoever, but I will happily trade the output of my work for the output of your work on purely voluntary and mutually beneficial basis.
Money that an individual makes belongs to him or her, not to anybody else at all. To make the money he creates something of value to others, that is the contribution to the society and that is what creates an economy, nothing else.
After reading through the higher moderated comments here all I can say is this: if you still believe in individual rights, if you run your own business or trying to start one, learn Chinese, because USA (and many other Western countries) are completely screwed up. The prevailing attitude seems to be that the collective is above the individual, that individual rights are outdated, that private property must be stolen and redistributed.
Diversify, outsource, find alternative means of income in countries that are not displaying this level of decay and rot. It is quite ironic that one of the most capitalist countries out there still has Communism in its name.
If you want to stay a free individual make sure to pay attention to these comments, this trend is a very clear and present danger to everything that respects individual rights.
Question: According to Irwin Schiff, what is the best value for inflation?
- inflation in the economy should not be attempted or manipulated by government, that's the answer. With gold as money the inflation level is just the amount of gold mined in year that is added to the market. Inflation by paper money infusion is what destroys the economies, that's what happened to the USA and Japan economies (and some others) government created inflation destroyed them.
Schiff correctly claims that there is no law that forces a person to pay income taxes in the USA, there cannot be a tax on personal income, only on corporate profit and there is no law forcing anybody to pay income taxes. The courts do not care about the law, they are basically there to protect the power of the federal government (Federal Mafia as Irwin Schiff called it). He spent a number of years in prison on charges that made no sense, he died in prison in the fall of 2015 serving 13 years, getting sick with lung cancer there and getting no care at the age of 87. His crime was of-course fighting against the government, not tax evasion.
'Economics' as prescribed by governments of the world, 'economics' as promoted by governments through support of institutions and institutional 'economists' by governments, 'economists' who receive Nobel Prizes for their 'theories' that support government position (which is simply always the same: let government dictate economic and monetary policy, let government set price levels, leg government control labour and business, let government infuse money to 'stimulate', let government manipulate interest rates), these 'economics'? Yes, these 'economics' don't have to show any basis for their predictions other than ideology.
People predicting something have to be able to show the basis for their predictions. People selling economic snake oil play on the masses feelings, people actually looking at facts face prosecution from the government. Irwin Schiff, whose 2005 video I linked to predicted the economic problems in the USA in the late sixties, early seventies, he went to USA Congress to testify on the matter of defaulting on the gold dollar correctly predicting that the government created inflation (money printing) will lead to the exit of savings, economic collapse due to destruction of the productive base. Certainly there are many people 'predicting' things, there are very few people actually using logic and historic precedent to give you a way to work out through the logic and come to the same conclusion.
Wrong. The collapse of the American economy was predicted a very long time ago for the exact reasons that make the basis for your societal and economic ideology.
I suspect most people who would be tempted to do that would prefer to play video games than raise more kids.
- ha ha ha ha ha haaaaaaaaaaaaaaaaaaaaaaaaaaaaaah aha ha ha ha ha ha ha ha haaaaaaaaaaaaaaa hAAAAAA!!! Right. USSR.
Everybody cheated on everything (except taxes, nobody had any taxes to pay, nobody paid any taxes except that everybody got a tiny amount of money printed by the government, which had nothing to do with anybody's productivity).
Here is what WOULD happen: underground economy, where the vast majority of people would participate to avoid paying any taxes at all.
Works? What does that mean in this case? The military industrial complex wants to keep getting its cushy welfare check and VA health insurance is an important PR propaganda tool to ensure consistent influx of fresh meat.
'Works' in this case is nothing but theft, it is a small part of the overall huge theft perpetrated upon the free individuals by the government. Sure, it works for what it is supposed to work: lining the pockets of war profiteers and helping war profiteering politicians to stay in power. It doesn't work for the rest of the economy.
No doubt. The tracking industry in the USA is hit with this right now. Shaw (or Omnitracs) are basically taken as the de facto standard, all existing cheaper options may become illegal. I can't imagine that this was done in the USA without involvement of the biggest eLog system providers.
Slashdot Mirror
No, actually you are the idiot. Jefferson and the rest provided taxation powers to their new republic and these are the only taxes that are in the law: direct capitation and excise taxes. They built roads and had military long before the IRS and the fed existed, you dumbass.
Ha, talk about ignorance, this one is based on Marxism no less. Stage four Marxism. You dumbass, Chinese are freer today than under Mao by an infinite amount, they can now control their own lives, not be victims of ideologues like you.
Concentration of private wealth is the main economic engine and it does not prevent everybody else from having higher standard of living, it generates higher standard of living, which is how wealth is created in the first place - by production of higher standard of living for the people around.
Incidentally concentration of power in the hands of governments always, without ant exception leads to tyranny and falling standard of living. These same Chinese knew this trivial fact 5000 years ago, when a king of theirs said: many rules make poor people, few rules make prosperous people.
The only problem of capitalism is it creates envy and envy drives collectivism to destroy capitalism by mob rule, then you have a period of darkness (like the Chinese had until they came to their senses), but eventually people want to breath freedom again. Anyway, with you all of this is a waste.
You are the concentrated stupid. You are a failure, capitalism in the USA is victim of the failures like yourself. You want to impose collectivist ideology onto the free market and then call the resulting economic collapse a 'failure of capitalism'. Putting a bullet into a persons head does not mean the person failed to be a success until the murderer showed up.
Again, when you have a country that consumes 500,000,000,000 more than it produces the problem is clearly not lack of the want, they are consuming more than producing goddamnit, which part of that you don't get? They are not producing to pay for the consumption, they want the widgets, they are incapable to produce to pay for them, so they 'pay' with the printing press. USA cannot produce to pay for what it consumes from China and the rest of the world today and for the past 40 years and you are saying: they lack demand? No, they lack money and money is made by producing stuff. They lack production that pays salaries to pay for their consumption, so they export bonds to import TVs and seafood and everything.
The Swiss have treasury with over 630,000 francs of surplus per person living in the country. That is even more in Euro. They could literally give every person in the country over half a million Euro and still have a huge surplus. If they manage to keep the collectivists away from the money, they could stop collecting federal income taxes for 10 years straight. Comparing the Swiss and the Greeks is like comparing a pile of gold to a pile of dust.
Wrong. The base mechanism for individual freedom was systematically destroyed for the last 107 years, since Sherman Act destroyed property rights in the USA. Since then the money has been corrupted by the Fed, property stolen via the IRS, the government turned free people into slaves while the mob was cheering for more theft and redistribution. Which part of it is capitalism? The one that paid for this theft.
Capitalism is turning China into the most powerful county on this planet and collectivism destroyed America and also most of Europe, starting with Greece.
Capitalism is not failing at all, it is suffocating from all the collectivism and ignorance (like yours)
Consumption always comes after production. Consumption is a trivial consequence of production. Consumption is down in the USA because production is not happening there. Americans are consuming 500,000,000,000 USD a year more than they are producing (trade deficit for decades has been ignored of-course). Chinese are producing, so now they are consuming more and Americans are building their version of communism, so they will starve
If this, if that. I started my own business by spending my own savings to build my products. You work, you save rather than enjoy all the consumption and you start your business. You can also borrow. Of course the government including the Fed made saving if not 100% impossible then at least 99% so, thus it is hard, but nobody said it would be easy. Those who say they would do something if the stars aligned their way rather than doing it are full of crap.
Communism almost never seems to be voluntary. You want to set up a kibbutz? Go ahead, enjoy your communism. But that is not what we had in the former USSR. We had authoritarian collectivism, we never had a choice. I would never volunteer for any form of collectivism. I do not want to be in a position where my life belonged to any collective. I don't want to be part of any communist, socialist, fascist system. I want to work and find a way to build my own capital, my own means of production, my own income generating property. I have zero interest in any collectivist system whatsoever, but I will happily trade the output of my work for the output of your work on purely voluntary and mutually beneficial basis.
Money that an individual makes belongs to him or her, not to anybody else at all. To make the money he creates something of value to others, that is the contribution to the society and that is what creates an economy, nothing else.
After reading through the higher moderated comments here all I can say is this: if you still believe in individual rights, if you run your own business or trying to start one, learn Chinese, because USA (and many other Western countries) are completely screwed up. The prevailing attitude seems to be that the collective is above the individual, that individual rights are outdated, that private property must be stolen and redistributed.
Diversify, outsource, find alternative means of income in countries that are not displaying this level of decay and rot. It is quite ironic that one of the most capitalist countries out there still has Communism in its name.
If you want to stay a free individual make sure to pay attention to these comments, this trend is a very clear and present danger to everything that respects individual rights.
Sounds very similar to to Honorverse by David Weber.
Question: According to Irwin Schiff, what is the best value for inflation?
- inflation in the economy should not be attempted or manipulated by government, that's the answer. With gold as money the inflation level is just the amount of gold mined in year that is added to the market. Inflation by paper money infusion is what destroys the economies, that's what happened to the USA and Japan economies (and some others) government created inflation destroyed them.
Schiff correctly claims that there is no law that forces a person to pay income taxes in the USA, there cannot be a tax on personal income, only on corporate profit and there is no law forcing anybody to pay income taxes. The courts do not care about the law, they are basically there to protect the power of the federal government (Federal Mafia as Irwin Schiff called it). He spent a number of years in prison on charges that made no sense, he died in prison in the fall of 2015 serving 13 years, getting sick with lung cancer there and getting no care at the age of 87. His crime was of-course fighting against the government, not tax evasion.
Actually it is individuals who shouldn't be paying any income taxes. Taxable income is actually profit and only corporations have profits, individuals don't have profits unless they can depreciate their own bodies, time, deduct expenses such as food, shelter, etc.
In reality in America the IRS collects income taxes illegally from individuals.
'Economics' as prescribed by governments of the world, 'economics' as promoted by governments through support of institutions and institutional 'economists' by governments, 'economists' who receive Nobel Prizes for their 'theories' that support government position (which is simply always the same: let government dictate economic and monetary policy, let government set price levels, leg government control labour and business, let government infuse money to 'stimulate', let government manipulate interest rates), these 'economics'? Yes, these 'economics' don't have to show any basis for their predictions other than ideology.
People predicting something have to be able to show the basis for their predictions. People selling economic snake oil play on the masses feelings, people actually looking at facts face prosecution from the government. Irwin Schiff, whose 2005 video I linked to predicted the economic problems in the USA in the late sixties, early seventies, he went to USA Congress to testify on the matter of defaulting on the gold dollar correctly predicting that the government created inflation (money printing) will lead to the exit of savings, economic collapse due to destruction of the productive base. Certainly there are many people 'predicting' things, there are very few people actually using logic and historic precedent to give you a way to work out through the logic and come to the same conclusion.
Correct. The cause is mostly described here, just watch a minute or you can watch the entire thing.
Wrong. It was not the corporations that broke any contract (and I completely disagree that there was ever any form of contract to break at all). Here is why things turned the way they did - watch for a couple of minutes or you can watch the entire thing.
Wrong. The collapse of the American economy was predicted a very long time ago for the exact reasons that make the basis for your societal and economic ideology.
Wrong. Here is why - watch for a couple of minutes or you can watch the entire thing.
Yeah, yeah, as opposed to the opportunism and situationality of the great minds looking to control, enslave and steal.
I suspect most people who would be tempted to do that would prefer to play video games than raise more kids.
- ha ha ha ha ha haaaaaaaaaaaaaaaaaaaaaaaaaaaaaah aha ha ha ha ha ha ha ha haaaaaaaaaaaaaaa hAAAAAA!!! Right. USSR.
Everybody cheated on everything (except taxes, nobody had any taxes to pay, nobody paid any taxes except that everybody got a tiny amount of money printed by the government, which had nothing to do with anybody's productivity).
Here is what WOULD happen: underground economy, where the vast majority of people would participate to avoid paying any taxes at all.
Works? What does that mean in this case? The military industrial complex wants to keep getting its cushy welfare check and VA health insurance is an important PR propaganda tool to ensure consistent influx of fresh meat.
'Works' in this case is nothing but theft, it is a small part of the overall huge theft perpetrated upon the free individuals by the government. Sure, it works for what it is supposed to work: lining the pockets of war profiteers and helping war profiteering politicians to stay in power. It doesn't work for the rest of the economy.
Welfare is profitable of course, but you didn't have to 'turn it', it was just there for you to take.
No doubt. The tracking industry in the USA is hit with this right now. Shaw (or Omnitracs) are basically taken as the de facto standard, all existing cheaper options may become illegal. I can't imagine that this was done in the USA without involvement of the biggest eLog system providers.