Tweedledumb vs. Tweedledee

As a card-carrying septuagenarian, I’ve been witness to sufficient election cycles that I’m immune to the hoopla. I mean no offense to those who have a deeply held faith in politics, but I suspect that the defeat of Tweedledumb’s party by Tweedledee’s party will have minimal effect on the long-term direction of government. The same would be true if the outcome was reversed, of course. The point being that the Tweedle twins can’t be told apart.

One of the major fears of many is that the Tweedledee party will raise taxes. I got myself in hot water by tackling this tax problem in the Sovereign Society A-Letter of October 31. I argued that taxes should be raised, not lowered. Yup, that's my position, even though I hate taxes. After all, taxes are theft at gunpoint.

One reader, who chose to remain ‘anonymous’ wrote,

There's no such thing as a bad tax cut.  Can't believe anyone who believes in liberty would ever endorse a tax increase no matter how convoluted the logic. Rather than tax increases, how about endorsing SPENDING CUTS! If the politicians won't cut spending, then the government will just go formally bankrupt that much sooner ... to the benefit of all who want be free.  After all, if the government has no money, then it sure isn't gonna be able to enforce laws and regulations because it isn't gonna be able to pay those hired to put a gun in our face.

Cut taxes to the bone and starve the beast !

Ah, no, my logic isn’t convoluted if read carefully. The beast doesn’t starve when you cut taxes. Anything it can’t get us to cough up in taxes, it steals from our savings by inflating the money supply. And that form of theft by fraud is much worse than theft by force.

Anonymous, you are totally correct on the key point. The problem is government spending. Unfortunately, the government won’t actually go bankrupt, it will just debase the currency, and pay off it’s debts in depreciated dollars, meanwhile collapsing the economy, and destroying the people who are most helpless…retirees and the poor.

A sign above the capitol steps should read, “Abandon Hope, All Ye Who Enter Here.” Even well-meaning and honest politicians (and there is at least one in Congress, Ron Paul) are helpless to stop this beast. The juggernaught of government spending is unstoppable. This is a democracy, and ignorant voters really believe they can vote themselves a free lunch by electing one of the Tweedle twins. Lest you think there really is a difference in the actions of the two parties once in power, study this graph of federal spending and try to identify the points at which these twins changed places. And, if you notice, when tax revenues go down, the debt just grows faster!

 

Comments

[Del]

Ok I've read the news letter for years, never bought into the information because I'm low income joe sixpack. But now the pension fund, insurance co. are BK. Now I'm really in trouble,I signed on and find if I was wealthy I could do these things. Short of selling my home and leaving the USA there is little I can do. If I invest while out of US $80k is tax free income. Just got to make $80k right?