• Madison320's Avatar
    Today, 08:41 AM
    The DNC, oops I meant Time Magazine, is showing a picture of Trump standing over a sobbing immigrant child on their cover. Midterms are coming up, it's only going to get worse! http://time.com/5317522/donald-trump-border-cover/
    2 replies | 47 view(s)
  • Madison320's Avatar
    Today, 08:32 AM
    Neg rep for ignoring question.
    70 replies | 866 view(s)
  • Madison320's Avatar
    06-19-2018, 04:36 PM
    Luckily, appetite for US debt is infinite.
    6 replies | 195 view(s)
  • Madison320's Avatar
    06-19-2018, 03:06 PM
    For the third time. Are you against progressive taxation?
    70 replies | 866 view(s)
  • Madison320's Avatar
    06-18-2018, 03:06 PM
    Yup, by a mile. Look at Cato or Heritage Freedom index and if you sort on property rights you'll see a very strong correlation between prosperity and freedom. Other factors like taxation, or trade for example, have a much weaker correlation compared to property rights. Not that those other factors aren't important.
    6 replies | 205 view(s)
  • Madison320's Avatar
    06-18-2018, 01:24 PM
    Are you against progressive taxation?
    70 replies | 866 view(s)
  • Madison320's Avatar
    06-18-2018, 01:24 PM
    No. Mainly because he's proven to be a big government spender. Also I hate the way he flipped on interest rates and economic data. As a candidate he said he was against cheap money, now he likes it and appointed a dove as Fed Chairman. As a candidate he said the economic data like unemployment was fake. Now he touts it as a success. Plus he lies his ass off about economic growth being the greatest ever. All the numbers are basically the same as they were under Obama.
    70 replies | 866 view(s)
  • Madison320's Avatar
    06-18-2018, 01:16 PM
    And this: "Trump cuts (like Bush cuts) went mostly to the wealthy so will have limited impact on stimulating the economy and expanding the tax base and thus tax revenues." I rest my case. Are you in favor of progressive taxation?
    70 replies | 866 view(s)
  • Madison320's Avatar
    06-18-2018, 12:56 PM
    I think it's a bunch of crap. I like the way Ayn Rand derives it. The fundamental right is the right to life and property rights are necessary to support your right to life.
    6 replies | 205 view(s)
  • Madison320's Avatar
    06-18-2018, 12:43 PM
    Today, no. But if the economy finally collapses from the weight of the accumulated debt, which is still a really good probability, a far left candidate will probably win. Remember it's been 10 years since the last recession. We're way overdue and the next one is almost certainly going to be worse than the last one based on the fundamentals.
    70 replies | 866 view(s)
  • Madison320's Avatar
    06-18-2018, 12:38 PM
    I totally agree. It's not worth arguing. 2+2=4 and Zippy's posts are almost always in agreement with the Democratic Party Line. Just recently Zippy was arguing that taking money from the rich and giving it to the poor leads to economic growth. I don't remember hearing that from Gary Johnson.
    70 replies | 866 view(s)
  • Madison320's Avatar
    06-16-2018, 08:40 AM
    It depends on what they were doing. If it involves tampering with vote counts, yes. If it's just trying to change the mind of voters with disinformation campaigns probably not.
    11 replies | 497 view(s)
  • Madison320's Avatar
    06-14-2018, 03:33 PM
    I agree. I hate the whole concept that we need to ban action A because it might lead to action B which is a real crime. That's the main rationale for drug laws. Using that logic you can ban all sorts of things because they MIGHT lead to a crime. Guns for example.
    35 replies | 782 view(s)
  • Madison320's Avatar
    06-14-2018, 03:23 PM
    First of all I don't think you should assume the starting point is that the government owns all the land. But assuming the government did own all the land probably the best way to convert it to private property would be to auction it off to the highest bidder. If it might contain oil then it would demand a higher price. What's wrong with the owner of the land profiting from oil found on it? Many people besides the owner will benefit. He'll need workers to extract the oil. He'll need buyers for the oil. He'll buy things with his profits. Why is that worse than having the state divide it up (assuming they'd even be able to figure out how to GET the oil!)? How would that be different from a farmer who buys some fertile land and farms it? Should the food that's grown belong to the state also? Why should the farmer profit from the natural resource he owns?
    61 replies | 1279 view(s)
  • Madison320's Avatar
    06-14-2018, 08:26 AM
    When you give the federal government the power over the states to "protect our rights", you have to take the good with the bad.
    35 replies | 782 view(s)
  • Madison320's Avatar
    06-14-2018, 08:04 AM
    In a capitalist society individuals don't "take over oil fields", they buy them voluntarily. It's only when things get "socialized" that property is stolen from the rightful owner.
    61 replies | 1279 view(s)
  • Madison320's Avatar
    06-13-2018, 04:10 PM
    Yeah, because there's no income to tax!
    61 replies | 1279 view(s)
  • Madison320's Avatar
    06-13-2018, 12:47 PM
    No, my extreme would be that everyone gets to keep their own money. Taking everything from one group and giving it to another is your idea. And your idea fails because there's no incentive to produce since it's just going to get stolen from you anyway.
    61 replies | 1279 view(s)
  • Madison320's Avatar
    06-13-2018, 07:46 AM
    That explains why communist countries have such high standards of living. They take your logic to the extreme.
    61 replies | 1279 view(s)
  • Madison320's Avatar
    06-12-2018, 03:46 PM
    That may be true, if the entire tax burden was on the poor the overall productivity level might be lower. But the fact is that we're nowhere close to that. Currently the most productive pay almost the entire tax bill so any additional wealth redistribution from rich to poor is only going to lower the standard of living even further. That's why I prefer a flat tax where the law is the same for everyone. I hate laws that only apply to certain minorities.
    61 replies | 1279 view(s)
  • Madison320's Avatar
    06-12-2018, 03:22 PM
    Raising the standard of living not adding jobs should be the goal. Communist countries have 100% employment but they have to eat dirt. Taking 100 million from Gates and giving it to the poor LOWERS the overall standard of living because the producer (Gates) now has less resources to produce stuff. More stuff = higher standard of living.
    61 replies | 1279 view(s)
  • Madison320's Avatar
    06-12-2018, 02:41 PM
    Investment grows the economy, not trading stocks. Demand is infinite. If Bill Gates invested 100 million in a super efficient car factory, that made super cheap cars, people would buy them. If we stole 100 million from Bill Gates and passed it out to poor people, would it grow the economy more than allowing Gates to keep his money?
    61 replies | 1279 view(s)
  • Madison320's Avatar
    06-12-2018, 02:13 PM
    I agree that in the short term tax cuts tend to reduce revenues. In the long run it depends on where you are on the laffer curve (all things being equal). You're totally wrong about tax cuts for the wealthy. Tax cuts for the wealthy is the main driver of economic growth. Poor people spending money does not grow the economy. Rich people investing in production is what grows the economy.
    61 replies | 1279 view(s)
  • Madison320's Avatar
    06-12-2018, 01:53 PM
    I've had a habit of checking the total debt for many years. One thing I've learned is that the numbers jump around a lot. The debt will barely grow for awhile, then it'll balloon like crazy. You almost have to look at it annually for it to make sense. We've been stuck at 20.1 T for a couple months but I expect by the end of the year it'll be pushing 21T. Democrats think lowering taxes always lowers revenue and republicans always thinks lowering taxes raises revenue. Both sides have it wrong. We're close to the peak of the laffer curve so it won't make much difference whether we lower or raise taxes. The real problem is the spending and Trump is increasing that like crazy. You know what's funny? I can always predict when Zippy and TheCount will reply to a thread. Anytime someone makes an easily refuted false claim in favor of republicans or against democrats, BOOM, like stink on poop, here comes Zippy and TheCount!
    61 replies | 1279 view(s)
  • Madison320's Avatar
    06-06-2018, 12:36 PM
    The UK has issues but they're not even remotely close to being the worst government on the planet. Cato has them ranked 10th, US 11th. Heritage has them ranked 8th, US 18th.
    35 replies | 802 view(s)
  • Madison320's Avatar
    06-04-2018, 01:47 PM
    I stole that analogy from Walter Williams: "Should people have the right to discriminate by race, sex, religion and other attributes? In a free society, I say yes. Let's look at it. When I was selecting a marriage partner, I systematically discriminated against white women, Asian women and women of other ethnicities that I found less preferable. The Nation of Islam discriminates against white members. The Aryan Brotherhood discriminates against having black members. The Ku Klux Klan discriminates against having Catholic and Jewish members. The NFL discriminates against hiring female quarterbacks. The NAACP National Board of Directors, at least according to the photo on their Web page, has no white members." https://www.creators.com/read/walter-williams/06/10/the-right-to-discriminate
    4 replies | 277 view(s)
  • Madison320's Avatar
    06-04-2018, 12:45 PM
    I was reading thru a thread on the validity of discrimination laws on a more mainstream forum and it was pretty much in agreement that if you own a business you forfeit many of your individual rights. Many said that "open to the public" is in effect a contract and that by only allowing "white people" you'd be violating that contract. My thought was just put up a sign that says "whites only" to avoid any contract violation. Another common justification is that businesses have the benefit of government infrastructure so they should have to follow special rules. My response would be that everyone uses infrastructure and therefore everyone should be subject to the same laws. On top of that businesses pay almost all of the taxes, especially if you include the taxes that employees pay. So it's seems pretty unfair that business owners have to pay for the government AND get the most punishing laws directed only at them. I think the main reason we have discrimination laws is because those laws are ONLY directed at business owners. If everyone had to follow those laws "Excuse me Mr. Smith. We noticed that you've only been dating Asian women - that'll be a $1,000 fine", those laws would end in a second because there are a lot more non-business owners that vote.
    4 replies | 277 view(s)
  • Madison320's Avatar
    06-04-2018, 12:25 PM
    That would be my guess. I can't imagine the SC ruling in favor of individual rights and against discrimination laws in general.
    119 replies | 4128 view(s)
  • Madison320's Avatar
    06-03-2018, 10:47 AM
    The idea is that if bad laws are equally enforced they'll get repealed. Imagine if everyone had to pay a 40% tax rate for example.
    28 replies | 713 view(s)
  • Madison320's Avatar
    06-02-2018, 09:17 AM
    That was fast. I figured it would take awhile for Starbucks to get overrun with homeless people.
    544 replies | 9810 view(s)
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