Governor Christie has received high praise for his “6o Minutes” appearance more than a week ago. He was blunt and unapologetic. He diagnosed the issues correctly. New Jersey is broke. The state cannot afford to fund a new tunnel under the Hudson River. The state’s unfunded liabilities are getting worse every passing day. There is no more money to fund an expansion of government programs, and there will probably have to be cuts, not just reductions in increases, but actually decreases in school and municipality aid and other state expenditures in the next fiscal year to balance the budget.
Archive for December, 2010
Tax cuts, the federal budget and the case for zero taxation
18
Dec
President Obama signed a bill on Friday extending the current tax rates for another two years. The tax bill also reduces an employee’s payroll tax rate by 2% for one year and extends unemployment benefits for 13 months. However, the bill will not help the long-term unemployed who have exhausted their benefits. In addition, several tax breaks scheduled to expire on December 31 will continue into 2011. Read the rest of this entry »
The liberty dream ticket for 2012: Ron Paul and Mike Doherty
13
Dec
With the announcement last week that Congressman Ron Paul will chair the House Financial Services subcommittee on domestic monetary policy, Dr. Paul’s media exposure has risen exponentially. Today, the New York Times has a front-page article about the congressman, without any snide remarks that would typically be included in a piece about “Dr. No.” On Sunday, the Week in Review section of the New York Times ran an article about Congressman Paul and the Federal Reserve.
The rich are different from you and me…they are dumber
11
Dec
Apparently, a group of wealthy Americans thinks extending the so-called Bush tax cuts is a bad idea. Calling themselves, ready, “Patriotic Millionaires for Fiscal Strength,” they have written an open letter to the President pleading for tax rates to increase on January 1 for individuals earning more than one million dollars per year.
How to reduce crime with less police
10
Dec
The Star Ledger’s editorial, “Brace yourself: Police layoffs could cost lives,” decries the 167 police layoffs in Newark asserting that crime will increase, thus turning the clock back on the gains made over the past decade to reduce the crime rate in the state’s largest city.
A proposal to restore liberty and free enterprise
09
Dec
The following is an overview of my presentation to both the Middlesex County Tea Party and Americans for Liberty this month. The title of my talk is “How to get from here—big government—to there—limited government.” The talk contains suggestions to end the welfare-warfare state and replace it with a constitutional republic. At the end of the talk I suggest several books and essays for the attendees so they can become better spokespersons for the freedom philosophy. I am available to give this presentation to your association, group, wedding party, etc.
“I see something Janet Napolitano, Nazism on the march”
06
Dec
Department of Homeland Secretary Janet Napolitano announced that Wal-Mart will begin making announcements in their stores, "If you see something, say something" as part of the DHS's effort to make America safe from terrorists. Ms. Napolitano, "I see stupidity all over America. Public officials have violated their oaths to uphold the U.S. Constitution."
See, http://www.youtube.com/watch?v=Czoww2l1xdw&feature=player_embedded
How to restore liberty
04
Dec
The following is an outline of the introductory remarks I made to the Middlesex County Tea Party meeting on December 2nd. In the rest of my remarks I discuss how to phase out Social Security, Medicare and Medicaid and restore the federal government to its constitutional foundation. To hear how can have a limited government in America ASAP, join me at the next meeting of Americans for Liberty on December 7th in Parsippany. Please visit Americans for Liberty for details of my talk. Hope to see Tuesday.
Economic illiterates–Tony Fratto and Greg Valliere–defend the Fed and attack Ron Paul
03
Dec
Economic illiterates dominate financial cable news programs. These commentators reveal their ignorance about how the Federal Reserve manipulates interest rates, causes financial bubbles, and debases the currency. For starters, these lame defenders of the Fed should read Murray Rothbard’s What Has Government Done to Our Money?, The Case for a 100 Percent Gold Dollar and The Case Against the Fed. Instead of being knowledgeable about money and banking so they can inform CNBC’s viewers, they sound like high school dropouts. They spout economic nonsense that has been debunked for the past several centuries. In time, the coming price inflation will blow up in their face, and they will deserve to be never heard from again.