MCViewPoint

Opinion from a Libertarian ViewPoint

Posts Tagged ‘Pareto’s law’

Stupidity, Evil and the Decline of the US – International Man

Posted by M. C. on June 11, 2019

https://internationalman.com/articles/stupidity-evil-and-the-decline-of-the-us/

by Doug Casey

(Today’s article is an adaptation from one of Doug’s speeches.)

It used to be that America was a country of free thinkers.

“Say what you think, and think what you say.” That’s an expression you don’t hear much anymore.

It’s much more like the world of 1984 where everything is “double think.” You need to think twice before you say something in public. You think three times before you say something when you’re standing in an airport line.

Regrettably, the US is no longer the land of the free and the home of the brave. It’s become the land of whipped and whimpering dogs that roll over on their backs and wet themselves when confronted with authority.

Now, why are Americans this way? Let me give you two reasons—though there are many more.

First, there’s a simple absence of virtue. Let’s look at the word virtue. It comes from the Latin vir, which means manly, even heroic. To the Romans, virtues were things like fortitude, nobility and courage. Those virtues are true to the root of the word.

When people think of virtues today they think of faith, hope, charity—which are not related to the word’s root meaning. These may pass as virtues in a religious sense. But, outside a Sunday school, they’re actually actually vices. This deserves a discussion, because I know it will shock many. But I’ll save that for another time.

An absence of virtues and the presence of subtle vices is insinuated throughout society. Worse, overt vices like avarice and especially envy are encouraged. Envy, in particular will become a big vice in the years to come. It’s similar to jealousy, but worse. Jealousy says “You have something I want; I’ll try to take it from you”. Envy says “You have something I want. If I can’t take it from you, I’ll destroy it, and hurt you if I can.” Jealousy and envy seem to motivate most Democratic Party presidential candidates. No wonder America is in rapid decline.

A second reason is unsound philosophy. The reigning philosophy in the US used to be based on individualism and personal freedom. It’s now statism and collectivism. But most people don’t think about philosophy—or even have a consistent worldview. More than ever, they do what seems like a good idea at the time.

The average American has problems. But his rulers are something else again. Most of the people running the US are either knaves or fools. How do we know if we are dealing with a knave or a fool? In other words, are you dealing with somebody who is evil or just stupid? To give a recent, but classic, example, are you dealing with a Dick Cheney or a George W. Bush? Do you prefer the knavish Obama, or the knavish Biden? The foolish Trump, or the foolish Pence. Not much of a real choice anywhere…

At this point, the US resembles the planet Mars, which is circled by two moons, Phobos and Deimos, fear and terror in Greek. The US is also being circled by two moons, Kakos and Chazos, evil and stupidity in Greek. It’s hard to imagine the Founding Fathers having seen that as a possibility.

One of the relatively few laws I believe in is Pareto’s Law. Most people are familiar with it as the 80-20 rule—20% of the people do 80% of the work, 20% commit 80% of the crime, and so forth. It also applies to character and ethics. Most people—80%—are basically decent. What about that other 20%? Let’s call them potential trouble sources because they can go either way. But 20% of that 20%—4%—are the sociopaths; they consistently have bad intentions. They’re usually hiding under rocks. But they like to emerge at election time.

In normal times when everything’s going along well, they can look normal. They’ll deliver the mail, or sell shoes or stocks. They’ll pet the dog, and play softball on weekends. But when circumstances in society get ugly, and reach a certain point, they start evidencing themselves. The rest of the 20% start swinging along with them. That’s the place where we are right now in the US. It’s Pareto’s Law in operation. You can see it in basically all the Democratic Party’s candidates—Bernie, Pocahontas, AOC, and two dozen others.

A lot of people believe in American Exceptionalism. A good argument can be made for America having been exceptional in the past. It’s factually correct that America is the only country founded on the principles of individualism and personal freedom. It was actually different. It was special, even unique. But I don’t think it’s true anymore… Read the rest of this entry »

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Fake Indian Elizabeth Warren Suggests 50% Democrat Tax Rates – Calls Trump Tax Bonuses “Crumbs”

Posted by M. C. on July 24, 2018

The top 20% pay 80% of the tax burden. Pareto’s law in action.

The lower 50% pay nothing or get money back.

Guess who will take the heat? It won’t be illegals that get benefits, driver’s licenses and vote democratic.

Corporations do not pay taxes, they collect them. Taxes are a cost of doing business. They are either absorbed resulting lower dividends (think 401K), more robotics, hiring freezes or layoffs or… prices are increased lowering sales which result in lower dividends (think 401K), more robotics, hiring freezes or layoffs. Guess who will take the heat?

Fauxcahontas and socialist Maxine Waters ( see here) are in a race to see who destroy the economy the fastest. Enabling these socialists will result in some serious consequences.

https://www.thegatewaypundit.com/2018/07/fake-indian-elizabeth-warren-suggests-50-democrat-tax-rates-calls-trump-tax-bonuses-crumbs-video/

by Jim Hoft

Over 3 million working Americans have received Trump tax cut bonuses as a result of the Trump tax reform law.

But fake Elizabeth Warren wants to take that all away.

Elizabeth Warren told CNBC Democrats will end the Trump tax cuts if they take power in November.

Warren also promoted a 50% tax hike on American earners.

Read the rest of this entry »

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Taxes, Who Pays Them And A Big Thank You

Posted by M. C. on April 19, 2016

Taxes

From Webster’s Seventh Collegiate Dictionary 1971 Edition. A well worn gift from the recently deceased Jeanne O.

Steal:

1. to take the property of another

1b. to take away by force or unjust means

Sounds like taxes to me, I like this definition of taxes

The fine you pay for the crime of being useful and productive.

Taxpayers roughly follow Pareto’s law (no matter what low information protestors and lying politicians say)– the top 20% do 80% of the work. If you belong to a club you have likely experienced Pareto’s law.

Americans Earning Six Figures or More Pay Nearly 80% of Individual Income Taxes

Alternatively Read the rest of this entry »

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