Freedom News Blitz

According to University of Texas professor James Galbraith, government spending is the solution, not the problem. He says “If the government is no longer providing the impetus for economic stabilization, where is it going to come from?”

Well, it might come from hardworking people, if government would quit pilfering the marketplace with its programs of tax, spend and regulate. For the rest of the story—that is if you can stomach it—click here.

Doesn’t it amaze you that these ivory tower intellectuals think you are too stupid to know what to do with the money you earn? Instead, they advocate confiscating your hard-earned money with inflationary schemes that only transfer the wealth from productive citizens such as you to the parasitical political and financial establishment.

Honestly, are you thrilled the stock market keeps posting enormous gains while the income of productive Americans such as you continues to decline? Obviously, the bailout scams are treacherous schemes to transfer wealth and power to the establishment—at your expense.

When you hear about our “jobless recovery”, you know the swindle is in full force.

One of these days the justice of the marketplace prevails when it all comes crashing down. Tragically, many innocent victims of government chicanery suffer from the fallout.

In the far distant future, historians and economists will scratch their head in amazement at the ignorance and dishonesty that prevails in our social system of massive government interventionism. They’ll also “marvel” at how the establishment completely hoodwinked the masses.

Once again, I must state “Government spending is the problem, not the solution.”

Here’s an illusion for you. The government creates wealth. Now let’s demolish it with reality-based thinking.

The government doesn’t create any wealth. It redistributes it through inflation and taxation. To the superficial observer, the government appears altruistic when it buys mortgages and injects capital into banks to alleviate the hardships of homeowners and banks.

As I have stated on many occasions, social altruism amounts to nothing but theft, the transfer of wealth from productive to non-productive citizens. When government bails some out of trouble, it does it at the expense of innocent people.

The economist Dr. Arthur Laffer, famous for his “Laffer Curve” concerning rates of taxation, states that every $100 billion in bailout money requires at least $130 billion in taxes. Now ask the following question. Where does the other $30 billion go? It is the cost for getting the government involved. In other words, it goes into the pockets of government bureaucrats. Our beloved politicians transfer $130 billion from the hapless taxpayers to the government and special interest groups.

Unless we enjoy thinking and living as helpless little children, we should relegate the “government creating wealth” myth to the same place as the “Tooth Fairy, Easter Bunny and Santa Claus” myths.

Do you desire to discover independence from the treachery of the political and financial establishment? If so, click here for your 2 free reports.

Robert A. Meyer
The Libertarian Way

I just read an article called Why We Need a Second Stimulus. Here are the first two paragraphs of that article.

“How high the market can go during this rally is anyone’s guess, but yesterday’s global pullback should not be underestimated. While such pullbacks are quite healthy after several weeks of market advances, yesterday’s market retreat could be one of many to come if the government doesn’t pass a second stimulus package.

The market has already priced in the fact that our economy and financial institutions are no longer heading for a permanent abyss; we can thank Fed Chairman Bernanke and the first stimulus for that. But as I look at the economic data, I am coming to one conclusion — no one is spending any money these days except the government. More important, it appears that consumers will continue to save more and spend less for the foreseeable future.”

Can you believe this dangerous nonsense? If blatant violations of Economic Law pass for wisdom then we are all doomed. Is it any wonder our economy is on the verge of collapse?

First of all, the author of this article seems concerned that consumers will continue to save more and spend less for the foreseeable future. Let me ask you this. What in the hell is wrong with that? After all, economic progress is only possible with more savings and investment per capita. Anyway, didn’t all the phony Federal Reserve money created through artificially low interest rates cause our economic catastrophe in the first place?

Doesn’t it amaze you that the political and financial establishment believes you can cure overspending and excessive debt with more spending and more debt? If you value your economic health, you definitely need to ignore these financial quacks.

By the way, let’s give Fed Chairman Ben Bernanke a hearty round of applause for “saving” our financial institutions. I know you’re thrilled that as a taxpayer you must pick up the tab. Hey, guess what? Wall Street and the political establishment will celebrate the holidays joyously splashing around in a drunken orgy of bonuses (funded by you) and boondoggles (which rip you off) while you scrimp to feed your family.

If the government finally destroys the economy, leaving us with nothing to spend for Thanksgiving and Christmas, I guess we can still celebrate our spiritual beliefs. Of course, it’s possible the great “God State” could make us bow down to our “leaders”—and I’m not talking about Jesus, Buddha, Krishna or Mohammed. You know it’ll be Heil Obama or bless you Barney Frank and Nancy Pelosi for leaving us a few crumbs for our Thanksgiving dinner.

Once again I must explain why the government cannot create wealth. The truth of the matter is the government does not create any wealth— it redistributes it through inflation and taxation. To the superficial observer, the government appears altruistic when it buys mortgages and injects capital into banks to alleviate the hardships of homeowners and banks.

As I have stated on many occasions, social altruism amounts to nothing but theft—the transfer of wealth from productive to non-productive citizens. When government bails some out of trouble, it does it at the expense of innocent people.

The economist Dr. Arthur Laffer, famous for his “Laffer Curve” concerning rates of taxation, states that every $100 billion in bailout money requires at least $130 billion in taxes.

Now where does the other $30 billion go? It is the cost for getting the government involved. In other words, it goes into the bottomless pockets of government bureaucrats. Our beloved political and financial establishment transfers $130 billion from the hapless taxpayers (you and I) to the government and special interest groups. We should relegate the “government creating wealth” myth to the same place as the “Tooth Fairy, Easter Bunny and Santa Claus” myths.

No! We do not need another stimulus. In fact, we didn’t need the first one. Isn’t it time we give up our childish belief in the “Santa Claus” or the “Nanny” state? Shouldn’t we think, feel and act as rational adults think, feel and act?

Robert A. Meyer
The Libertarian Way

You’ve probably noticed that people act as if the government possesses magical powers that can solve all of our individual and social ills. All this mythical entity has to do is wave its wand and all our problems vanish in a blink of an eye. I know, most people would state this belief is ridiculous. However, is that what they really think? I can prove that the majority of people act as if this were true.

Do you remember hearing anyone make the thoughtless statement “Government ought to do something?” I don’t know about you, but I’ve been hearing that dangerous statement all my life. If you ask them what government should do, they tell you they don’t know, but government ought to do something.

Consider this sad fact about human nature. When enough people believe in “The Big Myth” or what some call “The Big Lie” there will always be charlatans that claim they know what ought to be done. These charlatans usually practice lifetime occupations called politician, intellectual, bureaucrat, world-improver, do-gooder, altruist, etc. Government needs the support and propaganda of these “professionals” to endow “The Big Myth” with a potency of its own. Of course, the deluded citizens wait in line to receive their shot of the “cure.”

Government is Definitely Not…

Government is definitely not a real life Santa Claus who dispenses wondrous gifts upon its citizens. I know. Intellectuals and altruists claim otherwise. To the superficial observer, it may seem that government is performing this magical feat; however this is an illusion of limited consciousness.

Here are the facts.

1. Government has absolutely no wealth of its own. It is unable to create any wealth. The only money it possesses is money it receives from its citizens through taxes and inflation. It can also sell bonds on the open market, diverting the funds it receives from productive ventures to useless bureaucratic endeavors.
2. Since it has no wealth of its own, how is it possible that it can dispense the “goodies” to its citizens? By taking the “gifts” from its citizens in the first place. Incredible as it may seem, the hapless voters are unwittingly confiscating themselves when they support another government program and vote for politicians who “promise” to institute it.
3. Try to visualize this. Government is not the Santa Claus figure it claims to be. It is actually an evil Robin Hood. Robin Hood may be a legend, but he is a thief just the same. Forcibly taking from an individual or group to give to another individual or group is immoral, no matter what justification do-gooders and altruists spout to support it.

What is the Nature of Government?

Here’s the truth.

1. Government is the apparatus of violent compulsion and coercion (force). Its only legitimate function is to protect an individual’s life, liberty and property.
2. Voluntary and involuntary exchanges are the two possible types of interaction between people. In a voluntary exchange all parties enter it of their free will. Obviously, government shouldn’t interfere with this type of exchange. In an involuntary exchange at least one party is in it against his or her will. Robbery, rape, murder, extortion, etc. are examples of involuntary exchanges. Government applies its apparatus of violent compulsion and coercion to arrest criminals involved in these anti-social acts. Certainly, this is government’s only legitimate function.
3. When people see social phenomena they disapprove of, social phenomena that results from voluntary exchanges, they often say “Government ought to do something.” What they need to realize is that they are supporting the use of violent compulsion and coercion against their fellow citizens. They are advocating liberty violations and restrictions against individual freedom. They have become liberty violators.

Conclusion

As you can see the statement “Government ought to do something” is dangerous and leads to massive violations of an individual’s life, liberty and property. In fact, the disastrous results we are experiencing in the form of economic crisis, war, restrictions on personal freedom, etc. are caused by the growth of that gigantic, destructive entity called “Big Government.” Its citizens have allowed a “mythical belief”, a simple five-word sentence to create a beast of monstrous proportions, a beast that is relentlessly destroying “The American Dream.”

Robert A. Meyer
http://libertarianway.com/