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APLonDrugs

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"This is trivially true (all civilizations end, the sun burns out, nothing is permanent) but the relevant timeframe is usually one's lifetime, and the stability of the currency over that timeframe is more important."

Not sure it is Trivially, fait can go to zero, gold for example can not as there are other uses for it... Perhaps, like good design, the more timeless option might be the better:-)

You're paying that "interest" in exchange for a more stable currency" who pays for whom might be the better question with who is to benefit.

Agree, I liked/enjoyed those comments as well, was even wondering if they were talking about houses for a minute and not comment prices:-) I come here to exchange ideas. I'd be open to the experiment, besides if it doesn't work we can always put it back....

Agree...Also, from that link: ‘built the roads that got him to work each day’ and they built those roads without your consent like the stimulus package now, you will get it from your tax money regardless if you want it or not. How many cameras did those roads include so your government can watch you? How many $2,000 hammers? How many pay-offs to the political class were made for it to happen, behind closed doors? The argument you ‘owe society’ is false, what you owe is freedom within that society that let it happen and that is all. The greater the personal liberties are held foremost in society the greater the benefits that can be developed for your fellow man. How much good for society happened under Mao, Hitler and Stalin? The infrastructure that the Weimar Republic built centered on promising its citizens too much. This led to huge budget deficits that created inflation on a level the world had never seen before. I’d rather take my chances without everything the link says government gave me:-)

Tell HN: Vote. 18 years ago

"It does not surprise anyone when I tell them that the most important tax haven in the world is an island," international tax expert Marshall Langer pointed out in a speech last November. "They are surprised, however, when I tell them that the name of the island is Manhattan."

By OECD standards, we are the largest tax haven in the world. The United States, for example, source: https://www.reason.com/news/show/34248.html

the power to avoid, adds to freedom, not suggest with 19,000 pages of tax code though....

Tell HN: Vote. 18 years ago

Legal plunder, perhaps would be a better term:-) And I would stand by that term as being correct. “Stealing is the unlawful taking of your money” agreed, so why is the constitution not being obeyed? Most of the programs, etc. are not constitutional along with everywhere the government is not obeying the constitution… there is a lot of this from not declaring war, to gold and silver coins. If the rule of law is not being obeyed, or was changed legally, by your own definition, perhaps it is stealing in many forms first of the power reserved for the people or the states.

I didn’t know “The Law That Never Was” was a conspiracy, I thought it was a factual record of what the state’s recorded and what the GSA and government recorded. Perhaps the term of conspiracy is a better label? or you are using a loaded word, to mark an area of taboo. After pushing towards a 100 years of tax/need brainwashing, I don’t know what the affect would be if the 16th was to pass today, I think it would never have passed in 1800, though:-) to say it is moot is like saying because the people would not approve the constitution today, using that document of freedom is moot as well, we should disregard it. I do not believe that would be wise. The more I think about how the rule of law is not being obeyed, in all its forms, the more I think stealing might be better than legal plunder…. I like your case though, thanks for reply

Tell HN: Vote. 18 years ago

“The debate about whether we should have income tax or not is somewhat moot outside of armed rebellion” I hope this is not true, I’d prefer a peaceful solution. I believe all things are possible, perhaps it is not possible because people think it is not. Even if you want it low, the best strategy may be to urge for abolishment, and the chances of getting low taxes go up. I was for low taxes, now I’m for abolishment. The more I learn about the system being rigged, the more I want it absolutely.

Tell HN: Vote. 18 years ago

I guess focusing on the comment above, “and has no direct tax”. I have been told there was no direct tax in US till 1913, so how did it work then? we seem to get along just fine to that point? Assuming what you say is true, that it will never work….

“This would never work in a country that isn't a tax shelter from other nations,” but isn’t Manhattan N.Y. U.S. also a tax haven to foreigners, other then U.S. citizens? And doesn’t the Cayman Islands support competition among, within and between taxing districts of the world, for which they attract wealth? Maybe it’s the competition among governments that makes it work in Cayman, giving money owners a better deal then they get else where.

“Somebody”, yes… if direct then apportioned. Tax somebody with competition, perhaps maybe best.

Tell HN: Vote. 18 years ago

I agree on the republic idea, but those safe guards that have been eroded, make it stealing. The 16th was fraudulent ratified; “The Law That Never Was” makes this point well. If we “apportion” as the constitution says to, we have problem too, because it is a check as well. It would be hard politically to tell California to cough up their portion of the debt. So the constitution is not obeyed perhaps more so to divide the people, that is how the power that be controls populations. If it is gold and silver coins, to declaration of war to the way the 16th was passed turned into law, or the state’s picking of senators, who benefits? When the rule of law is not obeyed, I conceive the idea that perhaps you do have robbery, be it in different forms, but still robbery.

Tell HN: Vote. 18 years ago

Roads in Illinois and most of the USA, before Lincoln’s system of spoils were actually private toll roads. In fact, most of the early days of government internal improvement projects, while having serious competition from the private sector, mostly were examples of failure. Perhaps it is far easier to make a case why you/we must be mugged, by the powers that be for some social good then it is to make a case for freedom, in all forms.

“Taxes are necessary evil”… I conceive the idea that this is like 1+1=3

Or he’s betting that he will get to run the last two rolls of the dice at the game of taking America by monopoly that he is playing, like a 11year old kid, once they have boardwalk and park place along with most of the other important ones, you can’t stop the game without a temper tantrum, maybe in this case one will not be allowed to walk away from the game.

He also was saved 6.5 billion from the bail out of Fanny/Freddie. He also has made his fortune from insurance, which one might say is like banking, a big benefactor of the ‘game’. Would you buy insurance or food first if prices fall and you are out of work? He would lose in that environment, too granted, (did you notice he switched into food lately right around when he went on a buying spree in one of the safest of fiat currency:-) but the real gain is in the upside of knowing what society will need and having it with less competition:-), it only gets better…. Giving him credit he did offered to buy one percent of the 700 billion, (though not first lost position) or without his friends picking which ones...

Old money fears new money. I was going to say old wealth fears new wealth, but with PG’s input on wealth… I think it would be better to say money. Or maybe even perhaps large money fears small money that has ingenuity that may become large money. Buffet knows where to stop his competition before it becomes a serious problem – Monopolist, or should say cartelist or oligopolists always have… sometimes I wonder how many wealth creators by innovation understand, or even think this as true.

But if ones includes the inflation tax that they (Banks, etc.) directly benefit from by getting the fait funny money first before the rest of society and it’s results on everyone, this may not be true. There are more poor and middle class that have the inflation tax steal from them (for which most don’t understand the how of it) in addition to the direct tax that takes to support the preplanned central banking scheme that benefits the few. When you add to that the mal-investment which makes decisions skewed for the poor or middle class trying to get ahead, one may be able to make a even stronger case against the preplanned ordered centrally controlled economy and a better case for a more market based one with sound money.

Don’t rely on the tyranny of the democracy. Use this as an opportunity to build a framework based on principle and apply it across the board. When you build constitutions, you have to do it in private, with great minds and based on timeless principles… and weight in fact the true nature of man. In Freedom,