Economy: Part 2

Bush's "ownership society" is another step in the plan to reduce the supply of government by reducing the demand for it.

Bush's private retirement, health and education savings accounts would empower the people to be in control of their destiny. Social Security private investment accounts would, at the same time, increase the number of investors (meaning owners of assets) and reduce both their dependence on government and the resistance to a smaller government.

How will Bush make the government smaller? It makes sense when you look at how we do things in the government. We have Pentagon employees cutting the Pentagon’s lawn. That is only one of the countless examples where the expenses are unnecessarily bloated. The pentagon could have their lawn cut with a gardening service found in the yellow pages for half the price. Multiply that effort across all branches of the government, and that will in turn save ourselves billions, if not, hundreds of billions of dollars. It’ll pump additional money into our economy by outsourcing the government’s work to Americans who need jobs lost by outsourcing of jobs by businesses to foreign countries.

I would never, never condone demolishing SSI. I would leave it untouched. There is no reason to change it. I may see some pitfalls in it, but it would be like torpedoing a boat if we dismantled SSI. It certainly does its noble cause, keeping people in New Mexico afloat, as Karl Hummel succinctly put it. I have nothing against paying taxes, which pays for everything our government does. I just want a fair share of the tax burden. Did you realize that EVERY income group got a Bush tax cut? The group that got the best tax cut, the largest tax cut was the poorest group, and the group that got the smallest tax cut was the richest. Talk about fairness!

Know what I would love the government to do if I was a multimillionaire? Give me the option of allotting a certain percentage, say, half, of my taxes, to specific beneficiaries. Then, I would enthuastically sign up for the type of tax gains Kerry will have to implement in order to pay for all he wants. Trust me, I would. If I had to pay $250,000 in taxes (which is normal for someone who “strikes it rich” let it be stocks, gold panning, whatever), I would very much rather have the option of allotting the money to Gallaudet, deaf schools, and anything sovereign to the Deaf community. Of course, after all the necessary portions allotted for the roads, cops, firemen, senators, HIV testing, and so on.

That is the “idealistic” Republican thinking. The idealistic thinking of Democrats is to have the government provide all these. Remember, if you do not own it, you will not keep it clean. That basically describes the laissez-faire attitude of most government workers.

The down side is the greed of money. But you read what I wrote. Let it be seared, seared into your mind. If you support me in what I am going to do, you will not forget what I said and hold me accountable to my word. That is the beautiful thing about freedom!

As the libertarian Vox Day, a member of Mensa, put it in his blog:

“One of the most widely believed myths in America today is the belief that corporations are an inherent part of capitalism. Concomitant with this is the idea that big corporations and big government have an intrinsically hostile relationship and that the stock market is a free market.

“Nothing could be further from the truth.

“Capitalism was already well entrenched and the Industrial Revolution was complete when the U.S. Supreme Court radically altered the concept of the corporate charter in 1886 by ruling that the Southern Pacific Railroad that was a "natural person" under the U.S. Constitution. Prior to this time, corporations were strictly controlled by state law, which is why the word "limited" still occurs in corporate language.

“…these monied corporations did more than challenge our government, they corrupted it entirely and established a symbiotic relationship with it. This symbiotic relationship is openly anti-capitalistic, as undying corporations take advantage of laws originally written to protect the entrepeneurs who are the genuine engine of technological progress and economic growth, and use them to sustain their unnatural, parasitic life.

“…Corporations also use the government to protect their pool of investment money in the stock market. Due to the massive regulation of this anti-capitalist and unfree market, entrepreneurs needing to raise large sums of capital to challenge established corporate competitors are forced to submit to the predatory regime of the investment banks. In a genuinely free market, the owners of small, but growing businesses could simply sell their public shares over the Internet to anyone who wished to invest.

“Indeed, with today's high-speed communications technology and digital money, there is no more need for Wall Street than there is for Congress. Eliminating both and replacing them with electronic systems – Free and Open Source, of course – would result in the realization of significantly more pure and efficient strains of capitalism and democracy alike.

“One need only look at the various socialist and communist states around the world and the friendly relations that giant Western multinationals have with them to realize there is no fundamental link between capitalism and corporations. Gozprom, LUKoil and 400 other Soviet corporations were operating inside and outside the USSR prior to 1989, while Communist China not only permits corporations, but owns several that are listed on the Global Fortune 500. Some of them, such as PetroChina and Sinopec, are even traded on the Hong Kong and New York stock markets.

“…The genius of human invention and the undeniable blessings of capitalism do not stem from artificial structures at law, they come only from the mind of the individual.”

I, for one, would very much like to be able to sell shares of my company, so I would be able to get the resources quick enough in order to garner the necessary equipment, etc and hire my fellow Deaf citizens to do the work that is necessary to truly be independent of hearing support. And we are lucky that they have the heart to help us.

I am visualizing a Deaf Stock Exchange, where stock of various Deaf-owned companies could be traded. That way, we could invest in ourselves and not have to depend on pure sales at Deaf expos! Any takers? Required: A degree in business, economics, finance, whatever of that sort! I’d be glad to help out with the technical part of it.


[+/-] show/hide this post