MCViewPoint

Opinion from a Libertarian ViewPoint

Posts Tagged ‘Free Stuff’

The High Cost of Free – EPautos – Libertarian Car Talk

Posted by M. C. on June 5, 2021

There are also the strings that always come attached to “free.” The government attaches conditions to what it gives away; if you want to receive you must also give.

Uncle’s EBT card – and the pending UBI app free-for-all – will monitor what you’re allowed to buy and limit what you are able to buy, according to how well or not you obey.

It is the freedom of the prison, where you are clothed and housed and fed – for “free.”

That’s not a deal most of us would freely make.

And what of these “free” injections with whatever’s-in-those-needles? What will the cost of those end up being?

https://www.ericpetersautos.com/2021/06/04/the-high-cost-of-free/

By eric

The other day, I drove by a tent set up in the parking lot of the local volunteer fire department where people could get “free” injections of whatever’s-in-those-needles. Similar kiosks are popping up at grocery stores. Free beer is promised to those who agree to be injected with whatever’s-in-those-Needles.

It’s a free for all  . . . or so they hope.

It got to me to thinking about the cost of all this “free” stuff.

The government wants very much to convince the volk that there is no cost to the “free” things it provides – which it possesses in limitless quantities and benevolently disburses, kind of like Santa Claus.

But it’s not benevolent. The government’s elves are us – and unlike Santa’s elves, government’s elves are not free to leave the workshop.

Uncle must take before he can give.

The elves assume the costs of “free” – while Uncle Santa gets the credit for the benevolence.

Eventually, the elves decide it is no longer worth being elves – and join the ranks of those wanting Christmas morning every day, for “free.” They soon discover it’s a lump of coal for everyone – every day.

There are also the strings that always come attached to “free.” The government attaches conditions to what it gives away; if you want to receive you must also give.

See the rest here

Be seeing you

Posted in Uncategorized | Tagged: , | Leave a Comment »

Love It or Leave? – Doug Casey’s International Man

Posted by M. C. on October 13, 2020

Sooner or later, the temporary relief of living in a location that’s a partial solution becomes a lesser relief. The trouble is: Once a government has been in the habit of treating its productive class as cash cows – and has put in place the laws that allow it to milk them – it rarely relinquishes its grip on them for long.

Essentially, this means that at some point, the light is switched on in the mind of a particular cow – the realisation that the ultimate objective is to get beyond the borders of governmental control.

https://internationalman.com/articles/love-it-or-leave/

by Jeff Thomas

Countries that are in the decline stages tend to lose their best and brightest.

What happens is that, as a country becomes more socialistic, it attracts thousands of new residents who are seeking free stuff. They wish to cash in – to live off the state.

But someone has to pay for that free stuff. And of course, that means that the more productive people in the country are handed the tab.

As a country grows more socialistic, an ever-larger number of dependent people must be paid for by those who are productive. This, of course, diminishes the retained earnings of those who have been productive.

What happens then is that a quiet exodus begins to take place. The very people who are ordered to pay the bill for everyone else tend to look for greener pastures.

In most every case, the first inclination is to look for a better corner of the country in which to live. Generally, it’s a location – a state, a city, a town – where the taxes are less, the crime is lower and the level of freedom is greater.

After all, you don’t really want to leave your country; you just want to free yourself from the burdens your government is placing upon you.

Unfortunately, it’s that last bit that ultimately inspires expatriation.

Those who choose a partial exit – say to Florida, Texas, or even Puerto Rico – at some point discover that the government that had treated them as a cash cows, ready to be milked to pay for government’s increasing entitlements, does not wish to lose its herd of cows.

Sooner or later, the temporary relief of living in a location that’s a partial solution becomes a lesser relief. The trouble is: Once a government has been in the habit of treating its productive class as cash cows – and has put in place the laws that allow it to milk them – it rarely relinquishes its grip on them for long.

Essentially, this means that at some point, the light is switched on in the mind of a particular cow – the realisation that the ultimate objective is to get beyond the borders of governmental control.

I’ve found, over the years, that those who are planning an exit tend to do it quietly.

But why should this be so?

Well first, they realise that their move will not be popular and they don’t wish to be explaining themselves to others. Second, they want it to go smoothly and they’d rather slip away than have anyone try to get in their way.

Therefore, the early exiters tend not to be noticed. Their numbers are small in comparison to the numbers of incoming largesse-seekers.

So, what happens to those who are now becoming aware that their government is bleeding them dry? Since they tend not to be aware that others have exited before them, they’re likely to feel quite alone, which is a great deterrent to their own inclination to leave. Since they don’t know anyone else who’s made an exit, it’s understandable if they feel that leaving simply isn’t an option.

What, then, is the tendency in such people? How do they deal with the situation?

Well, for the most part, they tend to tolerate the injustice, even though further weight continues to be added to the millstone around their necks.

But they do say, “This isn’t fair. We’re not going to take much more of this.”

And the key here is in those last four words. For the great majority of those who are oppressed by an overreaching government, the trigger never quite gets pulled. Instead, with every new burden, they tend to say, “Not much more.”

And governments recognise that, as long as the burden is added gradually, most people are foolish enough to tolerate the increases endlessly.

As Desmond Tutu said, “If you are neutral in situations of injustice, you have chosen the side of the oppressor.”

Quite so. People can only be dominated if they accept domination.

The numbers that actually pull the trigger and leave are therefore quite low.

And in this there’s an advantage: Although thousands are now leaving the US every year and their numbers are growing, they are not at present in the millions or even in the hundreds of thousands.

It’s for this reason that those who choose to cease being milk cows may still make a fairly quiet exit.

At present, there’s an exit tax, but its threshold is relatively high. And although the government has begun to disallow travel offshore, those who are persistent can still find an opportunity to do so.

However, this possibility may cease in the near future.

As economic woes worsen in the US, more people will decide that they don’t wish to have their government lessen the ability to make a living and raise taxes to pay for the government’s loss in revenue.

Even now, the exit door is beginning to close, as the government realises that the trend has begun.

Unknown to most Americans, all of the restrictions needed to literally close the doors on the departure of both wealth and people have been passed into law, primarily under the USA PATRIOT Act of 2001 and the National Defense Authorization Act of 2011.

These restrictions are not yet implemented. They’re intended to be implemented automatically, should a president declare a national state of emergency for any reason.

If, for example, an economic crisis were to unfold, as it’s presently doing, it’s likely that a state of emergency would be declared.

Similarly, if civil unrest were to escalate for any reason, it’s likely that, at some point, a state of emergency would be declared.

Therefore, for any milk cow who is considering an exit to greener pastures, the window of opportunity may well close relatively soon.

Those who may love their country, but do not love what it’s become, may choose to leave the herd whilst greener pastures remain an option.

Editor’s Note:The prospect of a disputed US presidential election amid the global pandemic is not only a possible scenario but a likely one.

It could lead to enormous and unprecedented effects, such as mass unrest in American cities, stock market convulsions, a dollar collapse, and much more.

That’s precisely why making the right moves in today’s turbulent political, financial, and social environment is absolutely crucial.

URGENT VIDEO: The Day After—How to Prepare for What’s Coming After the 2020 Election

For the first time, legendary investor Doug Casey is joining the world’s top economists, geopolitical analysts, investors, military experts, historians, and Washington, DC insiders to bring you actionable information on what comes next, including what you can do right now to prepare.

Click here for all the details.

Be seeing you

Posted in Uncategorized | Tagged: , , , | Leave a Comment »

Elizabeth Warren Has a Bad Plan for Everything – LewRockwell

Posted by M. C. on January 1, 2020

Rest assured someone has to pay for all this “Free Stuff”.

Even the Leftist UK party figured this out when they trounced Corbyn.

Independents and moderates will be highly unlikely to support Marxist nutcases.

Count the times you read “tax”.

As George Will is fond of saying-Corporations are tax collectors, not tax payers. Taxes like most government mandates (minimum wage) are costs of business that get passed on.

https://www.lewrockwell.com/2020/01/mike-mish-shedlock/elizabeth-warren-has-a-bad-plan-for-everything/

By

Mish’s Global Economic Trend Analysis

Elizabeth Warren wants to steer the US to the Left, radical Left.

If you are looking for ideas, Elizabeth Warren has a ton of them. All of them are bad. Please consider Elizabeth Warren’s Plan.

  1. Wealth tax: Tax net worth over $50 million at 2% a year, and 6% above $1 billion. To prevent the rich from yachting off, add a 40% “exit tax” on assets over $50 million upon renouncing U.S. citizenship. Estimated revenue: $3.75 trillion over a decade from 75,000 households. Most economists, including many Democrats, call that number a fantasy. Courts might also find the tax unconstitutional.
  2. Medicare for All tax: Mandate government coverage for everyone, including for illegal immigrants, with no copays or deductibles. Phase out the private plans of 170 million Americans. She says this would cost $20.5 trillion over a decade, which most economists say is $10 trillion short of reality. Keep the growth of health spending below 4% a year with tools like “population-based budgets” and “automatic rate reductions.” Pay doctors at “Medicare rates” and hospitals at 110% of that. Charge companies with at least 50 workers an “Employer Medicare Contribution,” equal to 98% of their recent outlays on health care, while adjusting for inflation and changes in staff size. These varying fees “would be gradually shifted to converge at the average health care cost-per-employee nationally.”
  3. Global corporate tax: Raise the top business rate to 35%. Apply this as a world-wide minimum on overseas earnings by U.S. companies. Businesses would “pay the difference between the minimum tax and the rate in the countries where they book their profits.” Apply a similar minimum tax to foreign companies, prorated by the share of their sales made in the U.S. Estimated revenue: $1.65 trillion over a decade.
  4. Corporate surtax: Tax profit over $100 million at a new 7% rate, without exemptions. This would go atop the regular corporate rate. Estimated revenue: $1 trillion over a decade from 1,200 public companies.
  5. Slower expensing: “Our current tax system lets companies deduct the cost of certain investments they make in assets faster than those assets actually lose value.” Closing this “loophole,” she says, would raise $1.25 trillion over a decade.
  6. Higher capital gains taxes: Tax the investment gains of the wealthiest 1% as ordinary income, meaning rates near 40% instead of today’s 23.8%. Apply the tax annually on gains via a “mark to market” system, even if the asset hasn’t been sold. Estimated revenue: $2 trillion over a decade.
  7. Finance taxes: Tax the sale of bonds, stocks and so forth at 0.1%. Estimated revenue: $800 billion over a decade. Charge big banks a systemic risk fee, raising $100 billion more.
  8. Individual tax increases: There’s no detailed proposal, but Ms. Warren’s clean-energy plan is “paid for by reversing Trump’s tax cuts for the wealthiest individuals and giant corporations.” She’s budgeted $1 trillion.
  9. Social Security: Increase benefits by $2,400 a year across the board. Raise them further “for lower-income families, women, people with disabilities, public-sector workers, and people of color” by changing “outdated” rules that Ms. Warren says disadvantage them.
  10. Lobbying tax: Tax “excessive lobbying” over $500,000 a year at rates up to 75%. Ms. Warren says this would have raised $10 billion over the past decade, although it probably runs headlong into the First Amendment’s right to petition the government. Use the revenue for “a surge of resources to Congress and federal agencies.”
  11. Green New Deal: Spend $3 trillion, including $1.5 trillion on industrial mobilization, $400 billion on research, and $100 billion on a Marshall Plan. By 2030 hit 100% carbon-neutral power and 100% zero-emission new cars. Retrofit “4% of houses and buildings every year.” For “environmental justice,” put a third of the funds into “the most vulnerable communities.”
  12. An end to fossil fuels: Ban fracking. Halt new drilling leases on federal land. “Prohibit future fossil fuel exports.” Kill the Keystone XL and Dakota Access pipelines. “Subject each new infrastructure project to a climate test.” Give “workers transitioning into new industries” a “guaranteed wage and benefit parity” and “promised pensions and early retirement benefits.”
  13. K-12 education: Add $450 billion to Title I, $200 billion for students with disabilities, $100 billion for “excellence grants,” and $50 billion for school upgrades. “End federal funding for the expansion of charter schools.”
  14. A “right” to child care: Build a federal network of local providers, subject to national standards. Give free care to the “millions of children” whose households are under 200% of poverty, or $51,500 for a family of four. For everyone else, cap child-care spending at 7% of income. Estimated cost: $700 billion.
  15. Free college: “Give every American the opportunity to attend a two-year or four-year public college without paying a dime in tuition or fees.” Add $100 billion to Pell Grants and $50 billion for historically black colleges, tribal schools and more. Estimated cost: $610 billion.
  16. Student-debt forgiveness: Write off $50,000 for households with incomes under $100,000. This would phase out as income rises toward $250,000. Estimated cost: $640 billion.
  17. Housing: Spend $500 billion “to build, preserve, and rehab” millions of affordable-housing units. Condition such funding “on repealing state laws that prohibit local rent control.” Paid for by lowering the death-tax exemption to $7 million from $22 million per couple. At the same time, “raise the tax rates above that threshold.”
  18. Unions: Overturn “so-called ‘right to work’ laws” in 27 states. Guarantee public employees an ability to “bargain collectively in every state.” Amend labor law to aid “sectoral bargaining.” Give the National Labor Relations Board “much stronger” powers, such as “to impose compensatory and punitive damages.”
  19. Corporate governance: Make companies with revenue over $1 billion obtain a new federal charter—separate from the current state charter system—that requires them to “consider the interests of all corporate stakeholders.” Give workers 40% of board seats, and put CEOs under “a new criminal negligence standard.”
  20. Industrial policy: Manage the dollar’s value “more actively” to “promote exports and domestic manufacturing.” Create a Department of Economic Development, and have it write a National Jobs Strategy. Expand the Export-Import Bank. Impose a “border carbon adjustment” fee—that is, new tariffs—on imports from countries that don’t align with U.S. climate policies.
  21. Antitrust: Break up AmazonFacebook and Google. “Unwind” their mergers with Whole Foods, Instagram, DoubleClick and more. Regulate as a “platform utility” any online marketplace with global revenue of $25 billion. Reverse agriculture consolidation, “including the recent Bayer-Monsanto merger,” and create a “supply management program” to “guarantee farmers a price at their cost of production.”
  22. Banking: Pass “a 21st Century Glass-Steagall Act that breaks up the big banks.” Let the U.S. Postal Service “partner with local community banks” to provide “basic banking services like checking and savings accounts.”
  23. Gun control: Create a “federal licensing system for the purchase of any type of firearm or ammunition.” Raise taxes to 30% on guns and 50% on ammo. Ban sales of “assault weapons,” and make current owners “register them under the National Firearms Act.” Pass a law to let shooting victims “hold the manufacturer of the weapon that harmed them strictly liable.”
  24. Centralized elections: Use federal money to “replace every voting machine in the country.” For federal elections, mandate early voting and same-day registration. If state elections follow the same rules, they can be “fully funded by the federal government,” with “a bonus for achieving high voter turnout.” Estimated cost: $20 billion, paid by “closing loopholes” in the death tax.
  25. Miscellaneous: Spend $100 billion “to end the opioid crisis,” $85 billion “to massively expand broadband access,” $25 billion on “health professional shortage areas,” and $7 billion “to close the gap in startup capital for entrepreneurs of color.” Double the foreign service and the Peace Corps.

Warren’s Marxist Manifesto Read the rest of this entry »

Posted in Uncategorized | Tagged: , , , , , , , , | Leave a Comment »

Watch “Make America Venezuela: Cortez Avoids “Socialist” Label” on YouTube

Posted by M. C. on July 1, 2018

Make America Great Again Venezuela.

Cortez is “not about (socialist) labels”, she is about free stuff.

Read the rest of this entry »

Posted in Uncategorized | Tagged: , , , | Leave a Comment »

Baylor Students Petition for Sanctuary Campus Status, Uh oh, Snowflakes in Texas!

Posted by M. C. on February 13, 2017

A handful of graduate students from the religion department petitioned to defy federal and state laws to provide a safe haven to students, faculty, and community members living in the United States illegally.

Signees vow to create an office for non-citizen students and increase on-campus services like free legal counsel and financial aid for illegal immigrant students, plus allocate funds to assist with the financial and legal repercussions of any federal immigration policy changes. They charge Baylor to take “a leading advocacy role among Christian universities” and partner with others “to defend the dignity and rights of non-citizens” through the continuation of the Deferred Action for Childhood Arrivals (DACA), implemented by President Obama in 2012 via executive order.

The petition calls for implementing a scholarship program that gives “special preference” to “displaced students” from Iran, Iraq, Libya, Somalia, Sudan, Syria, and Yemen, the seven terror-ridden travel-banned nations named in President Trump’s recent executive order now on hold. Petitioners want Baylor to publicly embrace “refugees, migrants, and religious and racial/ethnic minorities.”

Hey Baylor

And who pays for all this Free Stuff? I don’t want to.

Instead of making taxpayers who value their country pay how about raising your tuition?

Let me know how that works for you.

Be seeing you

phoca_thumb_l_tcobb34

Posted in Uncategorized | Tagged: , , | Leave a Comment »

Socialism, Progressivism, Free Stuff, Reality

Posted by M. C. on May 2, 2016

You cannot legislate the poor into prosperity by legislating the wealthy out of prosperity.

What one person receives without working for, another person must work for without receiving.

The government cannot give to anybody anything that the government does not first take from somebody else.

You cannot multiply wealth by dividing it!

When half of the people get the idea that they do not have to work because the other half is going to take care of them, and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for, that is the beginning of the end of any nation

Be seeing you

phoca_thumb_l_tcobb34

Posted in Uncategorized | Tagged: , , , , | Leave a Comment »