“In the next several weeks, Inspector General Michael Horowitz is expected to issue his summation…”
Source: The Real “Bombshells” Are About To Hit Their Targets
Archive for April, 2019
The Real “Bombshells” Are About To Hit Their Targets
30
Apr
Whom the Gods Would Destroy
27
Apr
The world is still reeling in horror from the deadly Sri Lanka bombings that may have been the work of Islamic State madmen. Poor Sri Lanka has suffered so much after three decades of civil war and communal strife. We weep for this beautiful and once gentle nation. But behind the horror in Sri Lanka, a huge crisis was building up of which the world has so far taken insufficient notice: renewed tensions in the oil-producing Gulf. This is the latest attempt by the United States to crush Iran’s independent-minded government and return it to American tutelage. The Trump administration … Continue reading →
Source: Whom the Gods Would Destroy – LewRockwell
If Inequality Worries Ray Dalio, Then He Should Dial Up His Investment Risk | RealClearMarkets
25
Apr
NJ Governor Wants To Punish Low-Income Gun Owners With Insane New Fees
22
Apr
“This is clear bullying of law-abiding gun owners…”
Source: NJ Governor Wants To Punish Low-Income Gun Owners With Insane New Fees
Muddled millennial thinking about taxes
22
Apr
In a nj.com guest column millennial entrepreneur and Kinnelon Board of Education member Jason DeAlessi criticizes a previous guest columnist who explained why he is leaving New Jersey for Pennsylvania where taxes are lower.
DeAlessi’s criticism reflects the prevailing collectivist ideology that has been embraced by individuals from all generations who believe: “From each according to his ability to each according to his needs.” If this sounds familiar it should, because it is the foundation of Karl Marx’s vision for the world.
DeAlessi makes the egregious assertion that successful people should be the “cash cows” for social welfare spending. This is the heart of the rationale for all taxes in contemporary America. Taxes have become the prime vehicle for politicians to “buy” the votes of the public who believe the redistribution of income will make them better off and not have any negative consequences for the economy.
The millennial critic of anyone who does not want to pay exorbitant taxes states: “But year after year, the value of your stock portfolio, IRA, and 401K goes up – on the backs of your fellow hard-working New Jerseyans.” This is not only false but defamatory. People earn their money by providing goods and services in the marketplace. In other words, they improve living standards for those who buy their produces and use their services. Entrepreneurs like DeAlessi are dependent on customers who value their services and pay their employees a wage or salary reflecting their value to the firm. This how a free market economy works.
Finally, an analogy should lay the rest the notion that people should stay in New Jersey despite the high taxes. If a slave owner prior to the Civil War decried the escape of slaves from his plantation with the assertion that their labor is needed to keep the plantation functioning, anyone who values individual liberty would consider that an outrageous assertion. Slavery being the most egregious involuntary relationship is no different than taxation, which is the modern equivalent of “slavery.” Why? Both slavery and taxation abuse and individual’s right to liberty.
In short, escaping a slave plantation and leaving a high tax state are not “selfish.” They are noble actions to be free and have more freedom over one’s income and wealth.