Wednesday, February 18, 2009

3.5 million new jobs!!!

Let's run the numbers on this grand promise by the new administration. 787 billion "stimulus" just passed with much hoopla. So what do we get if we divide 787 billion by 3.5 million? $224,867 per job!!!! Do you think anybody who get's one of these government created jobs will be earning $224k per year? of course not. Maybe 40k which is about the average wage these days, if you have a job that is. So where does the other 180k per job go? Sure seems like sound economics to me. Spend almost a quarter of a million dollars so somebody can have a make work job and earn 40k. I'm
sure we are headed for great economic times now.
Oh yeah, remember the stimulus package last year? 160 billion handed out to everybody that we borrowed from China and Japan? We were told that would create 400,000 new jobs by our super smart leaders who came up with the plan.
How did that work out?
Why do we let these pinheads continue to treat us like children and continue
to rob us blind? They are inept, incompetent, ignorant and worst of all completely corrupt. Time to clean house and throw all the bums out by whatever means necessary.
Isn't it interesting how gold and silver keep rising in the face of all these
grand new plans to turn things around? Obviously there are a few skeptics out
there who doubt the abilities of our elected financial geniuses. I know where
I am placing my confidence- Solar power, food, guns and ammo and gold and
silver.
Makes no sense to continue to believe the liars who created the problems in
the first place. That defies all right reason.

Friday, February 13, 2009

Property taxes are evil

What is the purpose of taxation? I bet you think it is to allow government to obtain money to provide it's vital and needed functions. Right?
WRONG! Taxes are used to control you. Government's primary function as it currently exists is to make you do what the people in power want and to prevent you from doing what they don't want you to do. Control is the goal.
It seems to be working pretty well too if you stop and think about it.
I hate taxes because the government takes from me what I have worked for, by threat of force or actual force if I resist being robbed and gives it to somebody else. Government can only give to one what it takes from another. Now if I did that I would be guilty of a felony. If I decided you had a nicer house than me and I wanted it and tried to take it I would very likely end up in jail. However if government takes a fancy to your house and decided to take it you will likely end up homeless.
One of the ways government takes your home(not really yours) is through property taxes. Property taxes are assessed yearly upon the value of your home according to whatever they say it is worth. Currently mine is assessed at about 50,000 more than it is worth on the market. So they say to me, "Mr. Smith, we will let you live in your house one more year if you pay us 2% of what we say it is worth which is more like 3%." Now I have two options; I can agree to be extorted or not. Now realize I bought this house with money I earned and saved after paying income taxes on it. I don't have a mortgage but I will be forced to pay property taxes as long as I "own" it. It doesn't take a rocket scientist to realize that I am not the real owner of my home; the government is. And if I live there long enough I will pay them more than the cost of the house in extortion fees.
Now tell me how that isn't evil.
Oh you say, "But Mr. Smith, look at all the benefits you receive from the
city. You have nice roads(the city didn't put them in), schools (I homeschool), police protection(I have a gun), fire protection(I have insurance), parks(hate parks and the city is currently building a 7 million dollar little league park which neither I or my family will ever use.), etc."
If property taxes were only about collecting funds to meet the cost of needed services a sales tax or user fee would accomplish exactly the same purpose and would allow me to actually own my home instead of lease it in perpetuity from the government.

Thursday, February 12, 2009

Gold


Here are some interesting Gold facts:
In 2001, it was estimated that all the Gold ever mined totaled 213,113 tons or 5,114,724,475 oz. 5 billion oz or less than the amount needed for each person living on the earth to have a single oz.
One ton of Gold at todays price($950) equals $22,800,000.
So all the Gold in the world(2001) is worth about 4,858,988,251,250.
Just under 5 trillion dollars. And how much has our wonderful, honest
government magicked up recently? Double that. And this isn't
inflationary how?
When the U.S., under our brilliant leader nixon, took us off the gold standard on August 15, 1971 the price of gold had been fixed at $35 per oz. From that day on the u.s. dollar was pegged to nothing of real value and currency inflation began with a vengeance. On August 15, 1971 the Dow Jones index was at 856. At that time the Dow/Gold ration was 24 to 1.
Today the Dow is at 7765 and Gold is at $950. The ratio is 8 to 1!
Now given that ratio would you have been better off buying gold at $35 or the dow at 856?
What do you think the next few years will bring? My guess is a 1 to 1 ratio will come about long before a return to a 24 to 1 ratio(never).
So who should you trust with your money? Your oppressive, corrupt, violent government or Gold?
Hint: there is only one right answer.
Maybe next time I will discuss silver which I believe is a superior investment even to gold.

Convert now. You won't regret it.

Wednesday, December 31, 2008

Do you have a gun?

I am sure many who read this will disagree with this statement:
If you don't own a firearm and aren't competent with it you are an irresponsible person.
Here is my evidence to support that statement:
We live in a violent world and there are many people who would harm you and steal your property if they could do so with impunity. That is a fact.
If you value your life and your property it stands to reason you should defend them.
Irresponsible people shift that defense onto others. Hence the "need" for government, never-ending laws and armed enforcers called police.
We as created humans have the inalienable right to defend our lives and
our property which sustain life. We also have a duty to protect those rights.
The most honest, responsible way to carry out our duty to protect our rights is to do it personally. If you are personally responsible for defending your rights you use reason and logic to figure out how to best accomplish that goal. What if any tools are available that you can use to further that goal?
In terms of self-defense of your person there is one tool that stands above all others; a firearm.
A firearm is cheap, readily attainable, portable and supremely effective. it doesn't take much practice to become very competent in its use. It is the greatest equalizer that exists in the world today. A 94 year old woman in a wheelchair is superior to a 250 lb thug, when she is armed with a firearm. In fact she would have the upper hand confronted with multiple attackers. No other tool could give her the same advantage. Even if they are armed she still is equal to them as strength is not a factor in properly using a firearm.
Anyone who chooses to not arm themselves in defense of their life or property has become a burden on society and is part of the problem. They shift responsibility to others to safeguard them. That is the epitome of irresponsibility.

Wednesday, December 17, 2008

Got Gold?

If you have any wealth at this point that you would like to keep the time has come to buy physical gold and silver and take possession of it. If you buy enough buy a big safe and keep it in there. I wouldn't put it in a safe deposit box because you could find you get denied access.
The government is penalizing you if you want to save money. Think about it. What is the stated government inflation rate for 2008? 2.7%. And if you believe that I have a bridge to sell you. Anyway taking their number how much do you get paid in interest in a bank account to save? National average in a "savings account" is .31%. So if I had 250,000 and put it in a savings account which is supposedly safe and insured, what would I have a year later in actual buying power?
250,000 x .31% = $775.00. That would be my gain after 1 year.
Now for inflation hit- $250,000 x 2.7% = ($6750)
At current stated rate of inflation I would lose $5975 in buying power.
So best case scenario I lose almost $6,000 for my effort to be frugal and save.
Great deal, huh.
And don't you think with the trillions of new money being created inflation just might go up a bit? Maybe a lot?
Don't you think it might be wise to convert your paper to gold and silver.
Don't know anybody in the world who can print gold and silver out of thin air, do you?
By the way it is in increasingly short supply as other people start to realize this too. Don't be the last sucker holding the proverbial bag. Fiat money and the dollar are toast. It will just take awhile for the masses to get it.
Make sure you buy some food and water first and then gold and silver.

Friday, December 12, 2008

What is money?



Money is an issue which is on almost everyone's mind lately. Namely, that they find they have less and less of it and that it isn't going as far as it used to.
So what is money? What constitutes honest, sound money?
Money is a medium of exchange and a store of value. Money came about because of the problems associated with bartering as a means of effecting trade. Trade is the lifeblood of a sound and healthy economy. Free trade, meaning exchange of goods and services without government interference or regulation conveys the greatest benefits to a society and its participants.
We all use money to buy the things we want and need and in exchange for our time and labor.
Honest, sound money should have certain characteristics which have been derived and confirmed over thousands of years of use and throughout almost all civilizations and societies.
They are:
Money should be scarce or rare.
Money should be intrinsically valuable and thus function as a store of wealth.                          Money should be fungible
Money should be easily divisible.
Money should be durable.
Money should be portable.
Money should be almost impossible to counterfeit.

Why should money be scarce or rare? Because if it wasn't the supply of money would continue to increase easily, causing inflation. This monetary inflation would decrease the value of all money which existed before the introduction of the new supply.
Money should be valuable intrinsically so that people will willingly trade their time, labor, and goods in exchange for it and hold it as a store of wealth.                                                                               Money should be fungible so it is easily traded or spent and its value universally accepted.
Money should be easily divisible so that it can be used in both large and small transactions simplifying and facilitating free trade.
Money should be durable and long-lasting so that it can't be destroyed by the elements, fire, pests or accident.
Money should be portable so that it can easily be used in trade. Ex. If a horse was money it would be very hard to take it with you whenever the possibility of trade existed.
Money should be almost impossible to counterfeit for obvious reasons.

We use printed paper as money. How many characteristics of honest, sound money does our paper fulfill? By my count it fulfills two of the six; it is easily divisible and it is portable. 33% isn't so good, is it?
How about gold and silver. How do they stack up? I get 7 out of 7. Gold and silver fulfill 100% of the requirements for sound, honest money.
What does our constitution say about them? Don't know? Maybe it is time to read it.
Technology has advanced to the point where it is possible and viable to make "plastic" encased gold and silver money which would look very similar to the paper notes we currently use as money but with one very big difference. Federal treasury notes are nothing but paper with a little ink on them. Their value is merely differentiated by the numbers printed on them and the laws requiring their use. A ten dollar bill is pretty much the same as a hundred dollar bill but has an added zero, yet they have no real difference in their intrinsic value.
In stark contrast, gold and silver plastic notes would have a stated, verifiable and visible weight of gold and silver actually embedded in the notes themselves. Based on today's gold prices(12/12/08 $827 per oz. or 480 grains) a gold-filled note worth about 1 dollar would contain roughly 1.72 grains, lets make it a 2 grain gold note for simplicity. 9 grains would be about $5 and 17 grains would be about $10. And so on. Probably would be much simpler to make a 2 grain, 10 grain, 20 grain, 40 grain and so forth. The larger value notes would switch to grams. 1 oz. = 31 grams. So a $100 note would be about 4 grams. Prices would no longer need to be in dollars but could be in grams or grains of gold, instead. Smaller amounts could be taken care of by silver and copper coins just like we did in the U.S. for a couple hundred years until 1964.
When you go to the store to buy groceries, prices could be in gold grains, grams, etc.
Now you are probably saying, "Well gold prices fluctuate wildly so how would this work"? That is true they do. Question is why? For one thing gold isn't used as money so it's value in relation to money is constantly changing. If gold was again the money of choice it would be far more stable. The other factor causing the difference in gold and "money" values is monetary inflation. Paper money is cheap, easily created and counterfeited(biggest counterfeiter is the government and banks) and is constantly being printed(or created digitally) out of thin air. This steadily drives down the value of paper money and destroys its purchasing power. Gold has held its value throughout history and has always risen in value against fiat(backed by nothing of real value) currencies.
The only role of government, if it had any, with a new plastic gold-filled currency would be to monitor the manufacturers to ensure the notes contain the stated amount of gold in them. Of course private companies like U.L. laboratories or Consumer Reports could also do it. And no doubt they would do a far better job than government ever could.
Burning the note would allow anyone with a scale to do the same thing to make sure their note actually contained the stated content of gold printed on its face. These notes would destroy the power of governments, and their real owners the banks, to steal from you by printing up more and more paper money as has been going on in the U.S. since 1913. The biggest tax you pay is the inflation tax. Didn't know about that, did you? Well if you are a product of the public indoctrination system that is by design. Why would they teach you they are systematically stealing your hard earned wealth? Because you might actually get mad and then do something about it, right? That would be incredibly foolish on their part.
So take a stand against tyranny and join the fight for freedom by turning some of your fiat into honest money- gold and silver. And look into the idea of creating easy to use gold or silver filled currency that can't be printed out of nothing like our current debt based, statist "money".

Wednesday, December 10, 2008

What do you own?

I want to raise a question here which many people(americans) give very little thought to. What do you own? Or maybe more appropriately what does your government allow you to "own"? After all ownership of the fruits of ones labors is the basis of freedom and one of the founding underlying principles of the constitution. If you don't own what you trade your time, sweat and energy for you are really just a slave to the entity which lets you keep a little for yourself.
Do you own your labor? Are you taxed on that labor? At what rate? All depends, doesn't it. The more you earn the more you pay in taxes both visible and hidden.
Do you own your house? Well if you have a mortgage obviously the answer to that is no. The mortgage holder owns "your" house. What about if you don't have a mortgage and you own it "free and clear." So you own it, right?
WRONG! The local government owns it. You are renting it from them by paying property taxes. If you don't believe me quit paying the property taxes and see what happens. They local government will soon foreclose on you and sell it for back taxes. Nice, huh.
Do you own your car? Well like most people you probably bought into the whole debt enslavement scam and have a "mortgage" on your car so the lien-holder really owns it. How about if it is lien free? Well, can you drive it for very long without a license plate? No. So without permission from government you cannot use "your" car unless you pay the yearly fees and taxes imposed upon you and your property. Don't pay and they will impound it.
Do you own your retirement fund? Your IRA? Don't think so. Take it out and see what happens. Ten percent early withdrawal penalty and taxes assessed at what ever tax bracket you are in.
Do you own your body? Can you put whatever you want in it? Can you use it anyway you want? Not hardly. Can't use banned substances without risking imprisonment, can you? Can't drive "your" car without wearing a safety belt, free from possible fines, can you? Killing yourself is illegal and will get you imprisoned if you fail in your attempt. http://www.gmu.edu/departments/economics/wew/articles/09/OurProblemIsImmorality.htm
Do you own your kids? Not that most of us want to, but we who are parents think we should be able to make decisions for them and take care of them as we see fit. After all we created them with God's help and without any help from the government. The government doesn't see it that way. They have enacted all kinds of restrictions on us as parents, thinking they know best.
Do you own your time? Hardly. Most people work until April just to pay their federal tax burden to their masters.
About the only things you really own in this country are things you quickly consume like food and clothing. Even then you are taxed on their purchase.
When is enough enough? When will we get mad enough to overthrow our masters? I'm sure not seeing it.