Entries for March, 2009

New Law Idea…

At the voting booth, have a requirement to advertise how many times the individual voted for laws that are unconstitutional.

Inflation Tax

Inflation is a tax.  Tax is not legal for a private corporation to levy.  There is no authority to transfer the ability to tax to a private corporation.   States have the right to levy.  Therefor, if the congress does not coin money, the states should!   The first state to move to the gold [...]

Money and Debt

The banks, even if their troubled assets are bought by taxpayers, will not lend.  There is low probability that the loan will be repaid. All of our currency is created by debt.  The reason we got into this problem is too much debt.  How can we get out of a problem by creating more debt? [...]

Where we are…

I thought this was an excellent post… http://market-ticker.denninger.net/archives/689-Where-We-Are,-Where-Were-Heading-2009.html

Conflict of Interest?

Tough questions. Who is writing these bailout bills?  The bailout of AIG is required in order to pay the banks who knew that the market would come to halt.  How are the banks not responsible for the collapse?  They had insurance of course.   Now, thanks to our elected leaders, our U.S. government is the [...]