• Krugminator2's Avatar
    Yesterday, 03:56 PM
    No. Actually the United States is nothing like Cuba. Having taxation is not remotely the same thing as getting paid $20 a month by the government (which is the average monthly wage of someone in Cuba who doesn't get tips.)
    22 replies | 330 view(s)
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    Yesterday, 03:08 PM
    Really?!! Usually I like your contrarian posts. This has to be pure trolling. Cubans have a longer lifespan in the same way animals in a zoo live longer than in the wild. You don't get an option to live in Cuba. You are a slave. You can't create and produce. I would choose to cut 40 years off my life and live in the US vs be relegated to a lifetime in Communist Cuba. And using lifespan is always a terrible way to look at things. Obesity is a bigger problem in the US than starvation. Obesity shortens lifespan just like a higher murder rate and more people fighting in wars. I can promise you health care is much better in the US. A doctor in Cuba makes $67 a month according to the AP. http://www.foxnews.com/world/2014/03/21/cuba-hikes-salaries-for-doctors-nurses-to-as-much-as-67-month.html Think about that. A doctor makes less than $1000 a year. A person on welfare in the United States would be the top wage earner of anyone not working directly in government in the entire country. An actual Cuban doctor who fled says he made $18 a month. http://www.therealcuba.com/?p=1185 There is nothing good to say about Cuba. You can't read what you want in Cuba. You can't leave. You live a pointless life in Cuba. You live the life of a cow. If you are "lucky" you will get treated as a milk cow. If you get out line (like wanting to own your labor), you will be treated as a beef cow.
    22 replies | 330 view(s)
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    07-18-2017, 05:57 PM
    This is taken right off the Black Lives Matter .org site. https://policy.m4bl.org/platform/ Just noticed how demented they are. Entire Economic Agenda
    2 replies | 157 view(s)
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    07-18-2017, 02:28 PM
    I always judge based on the alternatives not my ideal. If something can never be implemented politically and is not workable practice there is no point in holding that as a standard. I am not comparing Reagan to Rand. Despite what imbeciles say, Rand is a radical libertarian. Rand would be much more libertarian as President than Reagan but he isn't going to be President. Rand is an extreme outlier just to be in the Senate. I compare Reagan to the people who preceded him (Carter, Ford, Nixon, LBJ). Reagan was the best President since Coolidge and there hasn't been someone better since.
    22 replies | 884 view(s)
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    07-18-2017, 10:57 AM
    Reagan didn't make cutting spending his number one priority. It was a big priority though. He vetoed numerous budgets. The Democrats shut government down three times under Reagan and had eight times where the government had a funding gap because they couldn't agree on a bill. https://en.wikipedia.org/wiki/Government_shutdown_in_the_United_States#List_of_federal_funding_gaps Also Repubs voted with Dems to override Reagan's veto at least once. http://www.cnn.com/ALLPOLITICS/1997/09/22/back.time/ Also of note, Reagan had the most vetoes of any President from Kennedy to Trump. https://www.senate.gov/reference/Legislation/Vetoes/vetoCounts.htm
    22 replies | 884 view(s)
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    07-18-2017, 07:10 AM
    Reagan wasn't great on guns. Neither was Ayn Rand. http://sellingthesecondamendment.com/ayn-rands-complicated-views-on-guns/ I don't agree with either of them. So what? It is important to look at the entire body of work. Most libertarians are for some form of amnesty. Reagan flattened the tax more than literally any President. He took the top tax rate from 70% to 28%. I have no idea what this guy is talking about. Reagan did raise taxes numerous times- after a massive cut and still a net reduction. I don't support tax loopholes either. I agree with that Reagan quote. Mises had a quote about this back when to rates were 90% that people take as gospel. A flat no deduction tax is the best answer. Eliminating federal departments and nominating good judges is hard with a Democratic legislature. Reagan found that out with Robert Bork. Reagan handled Lebanon correctly. I guess Rockwell is publishing neocons now. Reagan was pro-choice as Governor- just like I am pro-choice and most libertarians are pro-choice.
    22 replies | 884 view(s)
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    07-17-2017, 08:36 PM
    Yeah. He got nothing right in that article. Reagan not only didn't get booted out, he won 49 states. Reagan did lower income taxes on balance. Reagan lived in the real world. He dealt successfully with a Democratic legislature. And Reagan wasn't relegated to irrelevancy. He was the best modern President. Not perfect. Not libertarian. Indisputably the best. For all of Rothbard's talk of inflation, last time I checked, Reagan was the person who willingly took the political hit to end high inflation. Reagan opened up communication with the Russians. Jimmy Carter's administration basically cutoff all diplomacy. Reagan's administration started the negotiations for a nuclear arms reduction that was put into place right after he left office that is still in place today. Rothbard demonizes pointless shit and often doesn't give credit when it is due. Rothbard is a dishonest debater on not just this issue but numerous issues. Reagan didn't live in Murray Rothbard's clown world where LBJ is a better choice than Barry Goldwater (which is so idiotic that citing anything Rothbard says about politics is ridiculous), where Che Guevara is just swell, Adam Smith was a fraud and Milton Friedman was a demon statist sent by the "establishment" to wreck libertarian.
    22 replies | 884 view(s)
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    07-17-2017, 02:34 PM
    Ronald Reagan had the political courage to end inflation which no one else did in the previous 10 years. The combination of a regulatory freeze, stable dollar, and tax cuts set up 20 years of prosperity and return of US business. He got the US involved in very few foreign interventions. When he was elected, the Iranians immediately started negotiating with Carter to send the hostages because they knew Reagan was getting things done no matter what. He stood up to the Air Traffic Controllers and fired them which put the Russians on notice that they weren't dealing with a pussy like Jimmy Carter. Reagan's military intervention with US troops was minimal. As governor of California, he beat back the hippies and domestic terrorists who were taking over colleges. Ronald Reagan was one of the great leaders in world history. He was not the enemy of humanity.
    22 replies | 884 view(s)
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    07-16-2017, 07:29 PM
    You could renounce your US citizenship and become a citizen of Singapore. That's the only country I have ever heard that trading income isn't taxed. I'm guessing it is not easy to become a citizen of Singapore. Trading is already not taxed at as high of rate in the United States as most other jobs. If you are trading for yourself, you don't pay FICA on trading income. If you are so successful trading, my guess is you will have no trouble finding advice on minimizing taxes. I am not a tax advisor, but you can basically get your tax rate to around 16-17% if you are very successful trader. You can set yourself up as an S corp pay yourself 100k as a wge. You can defer 40 of that 100k into a Solo 401k. You can deduct your health insurance. Then any income over 100k is passed through the business and paid as a dividend which is taxed at the dividend rate of 15%. Seems like that's a better idea than renouncing your citizenship and moving to Timbuktu.
    21 replies | 1105 view(s)
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    07-15-2017, 08:52 PM
    Ron Paul's most notable donor had a similar idea to let goats roam in Detroit. The Detroit City Council preferred Detroit be a mess. https://dealbook.nytimes.com/2014/06/09/detroit-sends-hedge-fund-manager-and-his-goats-packing/
    18 replies | 432 view(s)
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    07-15-2017, 07:14 PM
    "Tricare's rules for plastic surgery are very cut and dry. They will pay for it if it is deemed "medically necessary." That's it." http://www.military.com/spouse/military-benefits/questions-benefits-how-do-i-get-my-free-military-plastic-surgery.html That seems to go along with what Amash said in other Tweets. This is such a very small issue, but there is never a medically necessary need to change genders imo. It is a weird vote for Amash to make, not the end of the world. I do have to say it bothers me quite a bit that taxpayers paid for Manning's surgery.
    10 replies | 283 view(s)
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    07-15-2017, 02:40 PM
    Not posting this in his subforum. Still one of the all time greats. He seems to be getting a little too Gary Johnsony for comfort on some of these cultural issues. Kind of hard to see how this vote is justified politically or on principle. http://dailycaller.com/2017/07/14/these-are-the-24-republicans-who-think-the-pentagon-should-pay-for-transgender-surgeries/ "The House of Representatives voted down a Republican proposal to ban the Pentagon from paying for gender-transition surgeries after 24 GOP congressmen crossed party lines to join the Democratic side. 'By recruiting and allowing transgender individuals to serve in our military we are subjecting taxpayers to high medical costs including up to $130,000 per transition surgery, lifetime hormone treatments, and additional surgeries to address the high percentage of individuals who experience complications.' These are the 24 Republicans who voted against the legislation that would have removed funding for transgender military members’ medical costs: ..... Michigan Rep. Justin Amash"
    10 replies | 283 view(s)
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    07-13-2017, 10:38 PM
    Lee Kuan Yew was not really democratically elected. He won power then never relinquished. He put people who tried to stand up to him in prison and had no freedom of the press. I basically agree with your first post for the US. I am for a republic where voting is restricted to only those who pay income tax and don't get a government check. South Africa is a different case. As a practical matter, there is no chance the blacks in that country would give up there right to vote. Mandela is lionized. They love their democracy. The majority of people in the country have no appreciation for capitalism. They need someone to force it on them and then see the benefits and can ultimately transition to democracy. Otherwise people are going to continue to live short brutal lives there. The right dictator might be brutal but the cost will be worth it even for people living there now.
    123 replies | 2182 view(s)
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    07-13-2017, 10:10 PM
    https://en.wikipedia.org/wiki/Lee_Kuan_Yew Not currently holding office but recent.
    123 replies | 2182 view(s)
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    07-13-2017, 09:54 PM
    I have come to the conclusion that there is almost no point in talking politics to leftists. I enjoy it because it is so easy to refute EVERYTHING they say with logic and it's fun watching people get red faced. But every answer has something to do with racism, caring, not being able to understand because you aren't a member of some victim class, etc. There is nothing you can say to change their mind because their views are always based on sensibilities and feelings vs principles. Liberals are hateful people that will hate you for having differing views. They will think you are morally depraved for not wanting to run someone else's life the way they do. Going through life a libertarian will basically be a constant reminder of how unthoughtful everyone else is about politics. And yet people always have strong opinions no matter how brain-dead they are.
    20 replies | 378 view(s)
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    07-13-2017, 08:30 PM
    Actually those seem like almost identical cities based on the demographics you provided. And given that they are subject to the same health codes, it seems like an almost ideal comparison.
    6 replies | 284 view(s)
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    07-13-2017, 08:10 PM
    "Our findings are consistent while using an alternate control group – Bellevue City, King County, located near Seattle."
    6 replies | 284 view(s)
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    07-13-2017, 07:38 PM
    https://thefatherlessgeneration.wordpress.com/statistics/ 63% of youth suicides are from fatherless homes (US Dept. Of Health/Census) – 5 times the average. 90% of all homeless and runaway children are from fatherless homes – 32 times the average. 85% of all children who show behavior disorders come from fatherless homes – 20 times the average. (Center for Disease Control) 80% of rapists with anger problems come from fatherless homes –14 times the average. (Justice & Behavior, Vol 14, p. 403-26) 71% of all high school dropouts come from fatherless homes – 9 times the average. (National Principals Association Report) Father Factor in Education – Fatherless children are twice as likely to drop out of school. Children with Fathers who are involved are 40% less likely to repeat a grade in school.
    13 replies | 269 view(s)
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    07-13-2017, 07:27 PM
    Another minimum wage study. http://marginalrevolution.com/marginalrevolution/2017/07/minimum-wage-restaurant-hygiene-violation.html "This is evidence from Seattle, from a new paper by Subir K. Chakrabarti, Srikant Devaraj, and Pankaj C. Patel. Here is the abstract: We assess the effects of rise in minimum wages on hygiene violation scores in food service establishments. Using a difference-in-difference analysis on hygiene rating of food establishments in Seattle as the treated group and from New York City as the control group, we find an increase in real minimum wage by $0.10 increased total hygiene violation scores by 11.45 percent. Consistent with our theoretical model, an increase in minimum wage in Seattle has no influence in more severe (red) violations, and a significant increase in less severe (blue) violations. Our findings are consistent while using an alternate control group – Bellevue City, King County, located near Seattle. Of course this makes perfect sense. Even when minimum wages do not much decrease employment, they are not a free lunch, so to speak. “There ain’t no such thing as a healthy free lunch” could be the new catchphrase."
    6 replies | 284 view(s)
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    07-11-2017, 03:42 PM
    Of course South Africa was better under Apartheid. Nelson Mandela, besides being a convicted terrorist, was a Castro ally and a Marxist. The country is a disaster because of his election. The average lifespan during Apartheid was 64 years old. The current life span is 56 years old. South Africa is not just the rape capital of the world, it has 4 times as many rapes per capita as the 4th place country. http://www.nationalreview.com/article/398136/end-south-africa-josh-gelernter The per capita GDP is $5600. That is less than Cuba. A way that would work would be to have someone like Pinochet takeover, or if possible someone like Lee Kuan Yew. Their current leader is pursuing the same policies as Allende did in Chile. The guy is confiscating land from white farmers (who are being exterminated) without compensation. The guy should ousted. The people of South Africa are too irresponsible for democracy. The results of Lee Kuan Yew and Pinochet speak for themselves. If you had a capitalist strongman takeover South Africa, people would be much wealthier, live longer, and actually have a future worth living.
    123 replies | 2182 view(s)
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    07-10-2017, 08:00 PM
    This guy is not a hero and should not be lumped in with Snowden. Just thought these Tweets were worth noting for people who think there was some great philosophical underpinning to his dumping classified documents. 884144066191130625 884145607849500672 884144607654752259
    6 replies | 184 view(s)
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    07-09-2017, 08:14 PM
    The assumption with Ron Paul, a lot of smart Austrians, and a lot of successful money managers is that the Fed has held interest rates down for the past 8 years. I don't claim to be as smart as those people, but I have an alternative explanation. The reason interest rates haven't fluctuated is because interest rates would have gone even lower in a free market. Zero percent acted as a price floor just like the minimum wage is a price floor and prevented the market from clearing. Here is a pretty short explanation of what I believe is true from a guy who has devoted his life to monetary policy. http://macromarketmusings.blogspot.com/2015/10/a-plea-to-my-fellow-free-marketers.html
    21 replies | 1730 view(s)
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    07-07-2017, 05:50 PM
    OPEC and oil production might affect policy but that shouldn't be the case. The United States is capable of much more oil production. If OPEC decided to produce much less oil to drive the price up, then it would be profitable for more firms in the US to produce oil. The same logic for why OPEC gets too much consideration is the same reason the Gulf War shouldn't have happened. The amount that the US could be financially harmed is very small and the cost of dealing with that harm is much greater. http://reason.com/archives/1995/06/01/best-of-both-worlds/5
    40 replies | 737 view(s)
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    07-07-2017, 05:23 PM
    There is no loss of sovereignty. Oil is a world market. If Venezuela or Iraq decided to not sell us oil, it would have zero effect on anything. That is why the United States doesn't have an embargo on Venezuealan oil. If we did, it wouldn't change anything. Venezuela would just sell to someone else at the world price. The United States should produce as much as possible at a profitable price without subsidies and as few regulations as necessary. The United States should not subsidize energy production for the sake of being independent. Comparative advantage is still a thing.
    40 replies | 737 view(s)
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    07-07-2017, 05:06 PM
    Oh. Well being energy independent is pointless. It is a meaningless idea that would serve no purpose. It wouldn't stop wars. It wouldn't make the country safer. It wouldn't make the United States wealthier. St. Milton expounded on this idea. Here is an article from another economist David Henderson in FEE explaining why it is a brain-dead idea. https://fee.org/articles/lets-not-be-energy-independent/ Corporate welfare for green energy boondoggles will make America poorer and less free. Solar has been a massive failure. Almost every solar company went bankrupt over the last 5 years. Subsidizing Solyndra, EnerOne, SunPower, is not what America needs to be doing.
    40 replies | 737 view(s)
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    07-06-2017, 10:36 AM
    What percentage of college students could pay for college while working through college? It is obviously possible. I just never met a person who did it. I'm sure 30 or 40 years ago it was doable. As someone who paid zero for college , I think it gave me a lot more freedom in life.
    19 replies | 379 view(s)
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    07-05-2017, 04:53 PM
    Just looking at the polls, Strange has to be an underdog. Mo Brooks is in the race and he is pulling double digit support so there will be a runoff Brooks and Moore are going to have similar supporters. Those two combined are over 50% in the polls. Strange will need a lot financial help.
    13 replies | 644 view(s)
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    07-04-2017, 09:30 PM
    http://www.cnn.com/2017/07/04/politics/kfile-reddit-user-trump-tweet/index.html CNN did a serious story on how "hateful" this Tweet is. They are the worst, quoting the ADL. This is why impossible to take the left wing media seriously. I really hope Trump doesn't let up at all.
    40 replies | 1488 view(s)
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    07-04-2017, 08:39 PM
    Raising taxes seems like a great strategy, assuming they want to make their state even more uncompetitive. It is funny. Indiana has lower taxes, a much lower unemployment rate, and a balanced budget. Yet instead of learning from their neighbor, Illinois wants to copy Greece. http://www.chicagobusiness.com/article/20150128/OPINION/150129823/indiana-and-illinois-a-state-that-works-vs-a-state-that-borrows
    25 replies | 854 view(s)
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    07-02-2017, 07:03 PM
    The Great Recession happened with no gold standard. The economy performed well after the Civil War up to the founding of the Fed. The Great Depression didn't happen because of the gold standard. The money supply contracted by a third but there was plenty of gold. According to Milton Friedman, the Fed had the capability of preventing the Depression even with a gold standard. I don't favor a gold standard, but the country can clearly function with it. And it does force fiscal discipline.
    95 replies | 2263 view(s)
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