Tag Archive | "regulations"

Book Review: 5 Steps To Freedom

Book Review: 5 Steps To Freedom

The shackles of serfdom are being silently fastened to America. Every dollar Congress spends beyond its budget, every Federal Reserve Note printed, every tax, regulation, and government intrusion into our lives renders us less free. Ever wonder why it feels like it’s increasingly difficult to make ends meet? Remember the days when one spouse could work, the other raise the kids, and still save for a comfortable retirement? Those days are gone, but why? What’s next? The 5 Steps to Freedom: How To Cut Your Dependence On Institutions And Escape Financial Slavery, by Jeff Nabers explains what happened to our once prosperous society and how we can all take definite steps to escape what is to come. Continue Reading

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America's Effective Tax Burden: A Nation of Serfs

America's Effective Tax Burden: A Nation of Serfs

This article is dedicated to the growing segment of American society that is awakening to the ideas that we are increasingly overworked and overtaxed. My goal is to determine an effective tax burden on the average middle-class American. I will leave it to the reader to judge relative severity of the burden as measured against associated “benefits” to which he is “entitled” from the system. Continue Reading

Posted in Economics, Featured, Personal Finance, PoliticsComments Off

Texas Gov. Perry Reaffirms States' Rights

Texas Gov. Perry Reaffirms States' Rights

4/9/2009 – AUSTIN – Gov. Rick Perry joined state Rep. Brandon Creighton and sponsors of House Concurrent Resolution (HCR) 50 in support of states rights under the 10th Amendment to the U.S. Constitution.

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Highlights from transcript:

I’m here today to offer my unwavering support to the millions of Texans that are tired of Washington D.C. trying to come down here and telling us how to run Texas.

The 10th Amendment was enacted by folks who remembered what it was like to have a very repressive government, to be under the thumb of tyrants and an all powerful government. Unfortunately, the protections it guarantees have melted away over the course of the years.

You’re prob familiar with that old adage of how to boil a frog: You just get him to sit there in that pot and you turn up the heat a little bit by a little bit, before you know it the frog doesn’t realize it, but he’s done.

And since the U.S. constitution has been ratified the federal government has been slowly turning up the heat, and they’ve eroded the notion of states rights.

Texans know best how to govern Texas. We’re proof that good things happen when government lowers taxes, and lowers regulations, it reduces spending and encourages private sector growth.

I happen to believe that the constitution does not empower the federal government to overrule state laws without restraint. I agree with Texas’s 7th governor, Sam Houston, who said “Texas has yet to learn submission to any oppression, come from what source it may.”

I believe the federal government has become oppressive. I believe it has become oppressive in its size, its intrusion in the lives of its citizens, and its interference with the affairs of our state.

Posted in PoliticsComments (1)

Freedom Under Fire, Apr. 8th, 2009

Freedom Under Fire, Apr. 8th, 2009

Big Brother set to take over pre-Kindergarten education, John Stossel points out consequences of government education, $5 billion bailout unrolled for auto suppliers, government hiring Wall Street analysts caught in financial crisis, economists predict deflation will cause mortgage rates will drop to 4.2% by end of year, and Big Brother’s favorite life insurers set to receive bailouts… Continue Reading

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Do You Trust Big Brother With Your Portfolio?

Do You Trust Big Brother With Your Portfolio?

We are moving closer towards a political economy every day. Every dollar borrowed, taxed, printed, and spent by government really comes from the private sector.  Trillions of dollars of national resources are being allocated by politicians and bureaucrats towards things they claim will benefit our economy. Congress just passed a $3.6 trillion budget ($1.2 trillion in deficit), and combined the Federal Reserve and Treasury have dumped $13 trillion into the economy in the last 16 months. What we must all ask ourselves right now is whether or not we trust government with our money? Continue Reading

Posted in Economics, Investing, PoliticsComments Off

New Zealanders Can't Stop The Global Recession

New Zealanders Can't Stop The Global Recession

New Zealand Prime Minister John Key speaks a strange language. It’s English, all right, even with an accent, but he is one of the only world leaders who is speaking of relaxing regulations, cutting taxes, spending within budget, and focusing on making his country more productive.

Rather than jumping on the tax, borrow, spend, print, populist bandwagon with nearly every other world leader, John Key’s solution to the tough times is to “use this time to transform the economy to make us stronger so that when the world starts growing again we can be running faster than other countries we compete with.”

Key’s idea is to grow the country out of recession by improving productivity, not simply catering to populist calls for wealth redistribution, stifling regulation, and growth-inhibiting class warfare taxes. He calls attempts to use debt and money printing to “prop up growth” risky, saying that saddling future generations with debt could be counterproductive. He is one of the only politicians who states “There is actually a limit to what governments can do.”

At a time when governments are growing by leaps and bounds, and everyone seems convinced that Big Brother holds the keys to economic prosperity, it is refreshing to see a world leader (actually an ex-currency trader) embrace sound economic principals.

Key admits that New Zealand will not pull the world out of recession; it’s too bad other leaders lack such humility!

Here’s a link to the Wall Street Journal interview with Key.

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Posted in Economics, PoliticsComments (4)

Freedom Under Fire, Mar. 7th, 2009

Freedom Under Fire, Mar. 7th, 2009

Will stocks skyrocket after this week’s mark-to-market House meeting? Federal stimulus raises concerns over state sovereignty, Obama targets defense contractors, IMF marching towards Global New Deal, feds hold auto meeting to determine government involvement, and the U.S. dollar reaches highest level since 2006…just the latest in your Freedom Under Fire Report! Continue Reading

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Socialist Attacks Gov. Sanford: How to See Beyond the Fluff

Socialist Attacks Gov. Sanford: How to See Beyond the Fluff

CNN contributor, Paul Begala, attacks South Carolina Governor Mark Sanford in this commentary, claiming that if Sanford disagrees with federal spending plans he should not accept federal money. According to Begala, with all the money South Carolina receives in federal aid, the state is literally a “ward of the federal government.”

Note the two personal attacks on Sanford: this is routine operating procedure for leftists. If you cannot debunk the ideas of your competitor, attack the person and dance around the subject, trying to make the ideas sound ridiculous without actually addressing them: Continue Reading

Posted in Economics, PoliticsComments (2)

The National Socialist Environmental Protection Agency

Be wary of the growth of the Environmental Protection Agency (EPA). Unlike Congress, this agency is unaccountable to voters and is being used to push ultra-liberal environmental policy that heralds an unprecedented period of pervasive government. In “Lawnmower Men” the Wall Street Journal deciphers a vast new EPA regulatory proposal, showing how absurd (and dangerous) it portends to be.

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Do minimum wage laws raise the minimum wage?

Nobel Prize winning economist Milton Friedman said, “A man is better off employed at $3 an hour than unemployed at $3.15 an hour.”

 

Most everyone assumes that raising the minimum wage is always a good thing.  Those people working for $7 an hr will now be able to better feed and support their families.  Sadly, most of those making $7 an hr are not family men, but rather high school students working at McDonalds.  They do not have to support a family, just need gas money for their car and money to download songs to their iPod.  But as you’ll read below, minimum wage laws do not raise the minimum wage, they just alter the number of employees with jobs. Continue Reading

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