Liberty Forged

the State has no money of its own, so it has no power of its own. ` Nock

Posts Tagged ‘property rights’

Financial Crisis solved: Start Liquidating Federal Gov’t assets

Posted by Jesse on March 14, 2009

It’s called leading by example

A Forgotten Day and A Forgotten Country Harry Brown

In 1886 the federal debt was $1.40 per person (adjusted for inflation to dollars of 2002 value). In 2002 the federal debt was $21,564 per person.

Free to Plan A Secure Retirement Harry Browne

The federal government owns trillions of dollars worth of assets it doesn’t need and shouldn’t have. These include power companies, pipelines, idle military bases, business enterprises, over 400,000 buildings, oil and mineral rights, commodity reserves, and much more including 29% of all the land in the United States.

When the federal government is reduced to just its Constitutional functions, there will be no reason for it to continue hoarding those assets. They can be sold to the public, putting them in the hands of people who will use them more responsibly and more productively. And the sales will generate the money to clean up the financial mess the politicians have made.

Repudiating the National Debt Murray Rothbard

It is ridiculous for a citizen to be taxed by one arm of the federal government (the IRS), to pay interest and principal on debt owned by another agency of the federal government. It would save the taxpayer a great deal of money, and spare savings from further waste, to simply cancel that debt outright. The alleged debt is simply an accounting fiction that provides a mask over reality and furnishes a convenient means for mulcting the taxpayer.

Social Security, perhaps the most revered institution in the American polity, is also the greatest single racket. It’s simply a giant Ponzi scheme controlled by the federal government. But this reality is masked by the Social Security Administration’s purchase of government bonds, the Treasury then spending these funds on whatever it wishes. But the fact that the SSA has government bonds in its portfolio, and collects interest and payment from the American taxpayer, allows it to masquerade as a legitimate insurance business.

…This combination of repudiation and privatization would go a long way to reducing the tax burden, establishing fiscal soundness, and desocializing the United States.

In order to go this route, however, we first have to rid ourselves of the fallacious mindset that conflates public and private, and that treats government debt as if it were a productive contract between two legitimate property owners.

What is America Harry Browne

If you devote yourself to fighting against the latest political proposal, you may be wasting your time.

The growth of government is inevitable because the major issue has already been decided: there is no longer an America of tiny government, voluntary association, and the free market. So the only arguments now are over how the politicians will run our lives the Republican way or the Democratic way.

Our one hope is to persuade our fellow Americans that a return to the Bill of Rights could bring us much smaller government, much greater personal income, access to more low-cost products and services, and the freedom to live your own life as you think best not as the President or Congress wants.

Every battle is trivial compared to the fight to restore that unique America.

And don’t forget about the Fed

The Solution Murray Rothbard

To save our economy from destruction and from the eventual holocaust of run away inflation, we the people must take the money-supply function back from the government. Money is far too important to be left in the hands of bankers and of Establishment economists and financiers. To accomplish this goal, money must be returned to the market economy, with all monetary functions performed within the structure of the rights of private property and of the free-market economy.

Abolish the Fed Ron Paul

From the Great Depression, to the stagflation of the seventies, to the burst of the dotcom bubble last year, every economic downturn suffered by the country over the last 80 years can be traced to Federal Reserve policy. The Fed has followed a consistent policy of flooding the economy with easy money, leading to a misallocation of resources and an artificial “boom” followed by a recession or depression when the Fed-created bubble bursts.

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The Death Tax, (or – Gov’t: more certain than ever)

Posted by Jesse on January 18, 2009

My comment at another blog:

hooray! three cheers for statism, liberty be damned.

[just kidding, read on]


Death Tax Repeal a Hoax Lew Rockwell

What a sham – a crime – that people have to pay high-priced lawyers to figure-out ways to get around the law, performing legal acrobatics merely to pass-on their estates to their kids, lest the government get what should stay in the family. The exemption is scheduled to rise, but far too slowly.

Why won’t Congress Abolish the Estate tax? Ron Paul

The real motivation behind the estate tax is a deep-seated hostility to property rights, and a misguided fear of family dynasties. But people don’t keep money in mattresses anymore. Money inherited from an estate is either spent, saved, or invested – all of which are better for the economy than sending it to Washington, where bureaucratic overhead consumes at least 50 cents of every dollar.

If you truly own your property, you have the right to dispose of it any way you wish. You can sell it, give it away, or direct who will receive it when you die. This control is the essence of property rights. If you can’t control what happens to your property, you don’t really own it.

Will the Estate Tax Ever be Repealed? Ron Paul

The estate tax, more accurately known as the death tax because it is levied when a taxpayer dies, confiscates anywhere from 37% to 55% of a individual’s assets. While these rates are unconscionable, the death tax also represents an especially galling form of double taxation. Americans already pay federal and state income taxes throughout their working lives. They pay income and capital gains taxes on money they save and invest. They pay local property taxes on their homes. They pay various sales taxes whenever they buy something. They even pay steep federal taxes on gasoline and telephone use. Yet after a lifetime of burdensome taxes, the death tax punishes Americans one last time simply because they worked hard, saved, and invested to pass something on to their families.


Ripping off the Taxpayers Thomas Woods

The general public has been led to believe that the business class favors the unhampered market and wants government only to stay out of the way of its accumulation of wealth. The truth, of course, is that those who populate the business world possess the same moral foibles as the rest of us, including the inclination to seek after wealth with the least possible exertion. That is exactly what the state makes possible: instead of earning a living by satisfying the needs of your fellow man, you can enrich yourself far less strenuously by employing the state machinery to loot him.

The Economics of the Estate Tax [Joint Economic Committee Study, 1998] {PDF}

Benjamin Franklin noted over 200 years ago that “in this world nothing can be said to be certain, except death and taxes.” Unfortunately, the convergence of these two inescapable events, in the form of the federal estate tax, results in a number of destructive outcomes in terms of slower economic growth, reduced social mobility and wasted productive activity. Moreover, the costs imposed by the estate tax far outweigh any benefits that the tax might produce. The purpose of this paper is to review and analyze the theoretical and empirical foundations of the federal estate tax, and to explore the potential effects of eliminating or reducing estate taxation.

Death Taxes: Theory, History and Ethics {PDF}

So long as men are mortal, wealth must be transferred between the generations and so long as parents care for their children, the dominant means of doing so will be through family inheritance. The transference of wealth through family benefits bequestor and heir, strengthens family ties, and increases long-term savings. When the state intervenes in this process, it increases its coffers at the expense of the smooth operation of family, society, and economy.

Introduction to Natural Law Murray Rothbard

In order to advocate public policy, therefore, a system of social or political ethics must be constructed. In former centuries this was the crucial task of political philosophy. But in the contemporary world, political theory, in the name of a spurious “science,” has cast out ethical philosophy, and has itself become barren as a guide to the inquiring citizen. The same course has been taken in each of the disciplines of the social sciences and of philosophy by abandoning the procedures of natural law. Let us then cast out the hobgoblins of Wertfreiheit, of positivism, of scientism. Ignoring the imperious demands of an arbitrary status quo, let us hammer out – hackneyed cliché though it may be – a natural-law and natural-rights standard to which the wise and honest may repair. Specifically, let us seek to establish the political philosophy of liberty and of the proper sphere of law, property rights, and the State

Are We There Yet, Are We There Yet? Robert Higgs

So, here we stand, having come close enough to communism for government work. It is a mistake, however, to call it communism or socialism, because a major part of its genius is its preservation of the form of private property rights, even as the substance of such rights is progressively gutted. Properly speaking, our system is, and long has been, economic fascism.

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Economy? People are still fighting and Dying! The matter is one of War or Peace.

Posted by Jesse on October 23, 2008

I know more than enough to be skeptical of the actions taken, or accepted as necessary, by our “leaders” that I feel like I can safely assume the worst.

Sure the economy is a big issue for people. Not so much because the vast majority of americans are concerned about the Nation being bankrupt, or because the US military spending adds up to more than all the nations combined, but because they themselves, individuals and families, are concerned about their own well-being first and foremost. As it should be.

But the fact remains that tensions are high and the consequences of this governments military actions are much greater. Our fearful leaders would have the populace believe that this nation will ever remain righteous in this fight, and that those, like me, who oppose these aggressive actions are not only unpatriotic but are unworthy of any voice in the national media. Because, as the “neocon death-squad” logic concedes, War is Peace, and Occupation is Liberation.

Only individuals have the power. Until enough people come together and make a stand, peace will continue to be out of reach and war waged in the people’s name. Unfortunately, this is how the system currently works, legal or illegal. People have to take responsibility for themselves and demand a change. It’s supposed to be a two-way street. Right now, it’s one way by decree, and that is unjust and tyrannical.

“The defense policy of the United States is based on a simple premise: The United States does not start fights. We will never be an aggressor. – Ronald Reagan” (Liar)


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What is libertarianism?

Posted by Jesse on October 20, 2008

Some will say it is unrealistic. But whats so unrealistic about the non aggression axiom? Some will say it is unfeasible. What is that supposed to mean? Is it unfeasible to have a set of laws that are designed to protect individual rights?

These protests fall short of any kind of real debate. Where is the education to be found?

I know that libertarianism is real because I practice it everyday. It is a political philosophy that I can practice in my daily life. It is individual, not collective.

Sure, libertarianism is a political theory, to be sure. And there is no rule book the likes of which a collectivist political theory would have. It is much more simple with room to explore and invent.

As my brother pointed out, “If one were to reduce Ron Paul’s platform to it’s simplest form, it foundation rests on the idea of property rights and contract.”

Rothbard claims that the first intellectual libertarian was Lao-Tzu. This does satisfy my personal thoughts when reading up on Taoism, the Way. My book, Tao Te Ching, begins its preface as the most “terse and economical of the world’s great religious texts.” How fitting.

Frederich Bastiat “Life, liberty, and property do not exist because men have made laws. On the contrary, it was the fact that life, liberty, and property existed beforehand that caused men to make laws in the first place.””

Robert Heinlein “No intelligent man has any respect for an unjust law.”

Learned Hand “Liberty lies in the hearts of men and women; when it dies there, no constitution, no law, no court can save it; no constitution, no law, no court can even do much to help it.”

Edward Abbey “Government: If you refuse to pay unjust taxes, your property will be confiscated. If you attempt to defend your property, you will be arrested. If you resist arrest, you will be clubbed. If you defend yourself against clubbing, you will be shot dead.”

Lord Acton “Liberty is not a means to a higher political end. It is itself the highest political end. It is not for the sake of a good public administration that it is required, but for the security in the pursuit of the highest objects of civil society, and of private life.”

John Quincy Adams “The liberties of our country, the freedom of our civil constitution, are worth defending at all hazards; and it is our duty to defend them against all attacks. We have received them as a fair inheritance from our worthy ancestors: they purchased them for us with toil and danger and expense of treasure and blood, and transmitted to us with care and diligence. It will bring an everlasting mark of infamy on the present generation, enlightened as it is, if we should suffer them to be wrested from us by violence without a struggle, or be cheated out of them by the artifices of false and designing men.”

Ayn Rand “There can be no such thing, in law or in morality, as actions forbidden to an individual, but permitted to a mob.”

Pope John Paul II “Where self-interest is suppressed, it is replaced by a burdensome system of bureaucratic control that dries up the wellsprings of initiative and creativity.”

Murray Rothbard “The basic axiom of libertarian political theory holds that every man is a self-owner, having absolute jurisdiction over his own body. In effect, this means that no one else may justly invade, or aggress against, another’s person. It follows then that each person justly owns whatever previously unowned resources he appropriates or ‘mixes his labor with’. From these twin axioms–self-ownership and ‘homesteading’–stem the justification for the entire system of property rights titles in a free market society.”

Etienne de la Boetie “Books and teaching more than anything else give men the sense to comprehend their own nature and to detest tyranny.”

Albert Jay Nock “The State, both in its genesis and by its primary intention, is purely anti-social. It is not based on the idea of natural rights, but on the idea that the individual has no rights except those that the State may provisionally grant him. It has always made justice costly and difficult of access, and has invariably held itself above justice and common morality whenever it could advantage itself by so doing.”

“There are two methods, or means, and only two, whereby man’s needs and desires can be satisfied. One is the production and exchange of wealth; this is the economic means. The other is the uncompensated appropriation of wealth produced by others; this is the political means.”

Thomas Paine “The most unprofitble of all commerce is that connected with foreign dominion. To a few individuals it may be beneficial, merely because it is commerce; but to the nation it is a loss. The expense of maintaining dominion more than absorbs the profit of any trade.”

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martin luther king, jr.

Posted by Jesse on January 14, 2008

Beyond Vietnam: A Time to Break Silence
Speech delivered by Dr. Martin Luther King, Jr., on April 4, 1967, at a meeting of Clergy and Laity Concerned at Riverside Church in New York City

“”A time comes when silence is betrayal.” That time has come for us in relation to Vietnam.
The truth of these words is beyond doubt but the mission to which they call us is a most difficult one. Even when pressed by the demands of inner truth, men do not easily assume the task of opposing their government’s policy, especially in time of war. Nor does the human spirit move without great difficulty against all the apathy of conformist thought within one’s own bosom and in the surrounding world. Moreover when the issues at hand seem as perplexed as they often do in the case of this dreadful conflict we are always on the verge of being mesmerized by uncertainty; but we must move on.”

i am listening to his speech about vietnam. “speaking as a citizen of the world” he talks about peace and non violence as the way. there is no way to peace, peace is the way.
now people are dredging up “newsletters” to keep ron paul from gaining anymore ground. his support has beeen steadily growing. he is bringing an important message to the presidential race. it is strikingly similar to what dr. king had to say. dr paul’s peers claim he must be reading the enemy propaganda. yet, not only is knowing your enemy half the battle, it is also necessary for compassion. ron paul is the candidate for peace and people are putting up a fight only because he threatens a power structure. yet they want you to believe he is threatening peace.
the accusations of racism are not only untrue, but it seeks to drive a wedge between the great men and women who are asking for peace. to drive a wedge between men like dr king and dr paul. divide and conquer. all i can say is, don’t buy into it. because by doing so you are only serving to protect that which is robbing the people of their livelihoods both economic and militarily. as JFK said, “those who make peaceful revolution impossible will make violent action inevitable.”

just like dr king said it’s all about reordering our priorities.
wise restraint and calm reason, he says are demanded in these times.

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